How much can a ledger wallet hold?

An affordable cold wallet : At $59, the Ledger Nano S is less expensive than several other hardware wallets, making it a good low-cost, highly secure option. The private keys never leave the device: Unlike hot wallets through cryptocurrency exchanges, Nano S users hold their private keys.

Built by Ledger, a well-known French manufacturer, these wallets keep cryptocurrency secure and support over 1,800 coins and tokens . However, the Nano S is made for people who want to hold onto a small amount of crypto, whereas Nano X is better for active investors with diverse crypto holdings.

Ledger’s hardware wallets are multicurrency wallets that are used to store private keys for cryptocurrencies offline . Conducting transactions using cryptocurrencies requires the use of cryptographic private keys. But these keys, which are generally stored online, are susceptible to thefts and hacks.

Best for storing, trading, and transferring huge amounts of crypto, especially BTC, ETH, and LTC . Released in 2016, the Ledger Nano S is the most popular of all. It is considered more secure than the likes of Trezor which has heard security breach incidences in the past.