We have to enter PIN code just to login into the device. Of course, we don’t have to worry about losing values if it is stolen or lost. Thanks to recovery seed we earlier on generated, it is possible to recover the data. Ledger Nano S is very secured well-protected thanks to the use of Secure Element technology (tow chips: ST31H320 and STM32F042). Cryptocurrency keys are secured thanks to the fact that they are isolated.
Ledger Nano S gives us the chance to store crypto currencies with ERC20 protocol, including Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and some other less popular funds like Dash, Zcash, Komodo, POSW, Ripple, Stratis, ARK, Expanse, PIVX, UBIQ, Viacoin, and Dogecoin.
