![]() Why You Should (or Shouldn’t) Use a Ledger In this article, I’ll briefly review some important points to consider before employing a hardware wallet, and then I’ll provide a step-by-step walkthrough on how to set up a Ledger Nano S in order to better secure a cryptocurrency account (in this case, an Algorand account). Hardware wallets do have some limitations, though. So it’s no surprise that hardware wallets have taken over as a popular (and effective) counter-measure for hackers seeking to gain access to your private keys. ![]() Despite your best efforts, it can be very easy to compromise a key that has had any exposure to the internet, or to hijack a user’s phone, in order to steal their digital assets. Key management can be very stressful to cryptocurrency investors and users who control a large amount of crypto funds.
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