When first getting into crypto it can be confusing as to which wallet you should use, if you need multiple wallets, or which crypto wallet is the best (which I have covered!). If you have a sizeable crypto investment you certainly want to consider using a cold storage wallet which is something kept offline. You can do this with a paper wallet (as outlined here), but my favorite method has been using hardware wallets like the Ledger Nano S. While I have done a previous video review and unboxing of my Ledger Nano S, the team at Ledger just released a brand new desktop interface for their devices called “Ledger Live” and I wanted to do a quick tutorial & setup guide so you know EXACTLY how to get it going without a hassle.
Ledger Live Setup
First, you need a Ledger Nano S or Ledger Blue. If you don't have one you can pick them up for a decent price from their website here. My advice is to NEVER buy a hardware wallet from anyone but the original manufacture and avoid eBay or Amazon sellers.
You can download the software directly from the Ledger site here. Once you have it installed you can use the video above to guide you on exactly how to setup your Ledger Live software and get your coins added to the interface so they show up in your crypto portfolio.
The interface for adding coins and send/receive was one of my biggest gripes with the Ledger Nano S, but now with this new desktop client it really is SO much cleaner and easier to use. Hopefully my walkthrough video helped you on your way, and you are now using the new Ledger Live software instead of the Chrome extension (which is still active btw).
More great cryptocurrency content coming at you soon, but until then…