I bought my first hardware wallet. I did not plan to get one until my older son mentioned that it would be good for me to get one to safeguard my investment.
It was really a learning process in having a hardware wallet Ledger Nano S especially for someone who had never used it before like me.
Good that we can easily get help online nowadays by simply going youtube and find a videoclip.
After setting up my password as well as writing down my 24 recovery words, I had to learn how to get the cryptocurrency app into this wallet.
The good thing is now ledger has ledger live so it makes things a lot simpler.
I managed to install one cryptocurrency app and make a transfer into this hardware wallet as a little test.
It did work but the transfer was not really that fast when I compare with my usual transfer speed for chrome extension wallet.
I found out that the advantage of getting a hardware wallet is our crypto is kept offline so that no one can get our private key to access our crypto.
I guess it is still a really good thing to have since we are in the crypto world.
I was also given a gold-plated metal bitcoin keychain.
I guess in the crypto world, there are always new things to learn if we want to stay ahead.
I have also found out that we can stake our cryptocurrencies to earn reward using ledger too.
It is like a wallet that we keep our money while having an interest.
Thanks for reading this short post!
