Questions tagged [ledger]

SeoulSoul Sun Sep 15 2024 | 7 answers 1888

Good question! If Ledger, a popular hardware wallet company, were to go bust, the safety of your cryptocurrency would actually remain intact. This is because your cryptocurrencies are not stored on Ledger's servers, but rather on the blockchain itself. Your Ledger hardware wallet simply acts as a secure, physical device to store your private keys, which allow you to access and transact with your cryptocurrencies. So, even if Ledger were to cease operations, you would still have access to your cryptocurrencies as long as you have your Ledger hardware wallet and its corresponding private keys. It's important to keep in mind, however, that if you lose your Ledger hardware wallet or forget your private keys, you may lose access to your cryptocurrencies. Therefore, it's crucial to keep your Ledger hardware wallet and private keys SAFE and secure.

Elena Sun Sep 15 2024 | 5 answers 637

So, I've heard a lot about Ledger hardware wallets being a secure way to store my cryptocurrency, but I'm still a bit wary. Can you really get scammed with a Ledger? I mean, isn't the whole point of a hardware wallet to keep your coins SAFE from hackers and scammers? I've seen some horror stories online about people losing their funds, so I'm just wondering if there's anything I should be aware of before I invest in one. Can you shed some light on this for me?

GangnamGlamourQueen Sun Sep 15 2024 | 6 answers 1531

Have there been any instances in the past where Ledger, a popular hardware wallet for storing cryptocurrency, has been successfully hacked or compromised in any way? It's important to understand the security measures in place and any potential vulnerabilities that may have been exploited in the past to make informed decisions about cryptocurrency storage options. Are there any known vulnerabilities or incidents that users should be aware of when considering Ledger as a secure storage solution for their digital assets?

KimonoElegance Fri Sep 13 2024 | 0 answers 0

Could you please guide me through the process of adding SUI tokens to my Ledger hardware wallet? I'm quite new to this and would appreciate a step-by-step explanation. Is there a specific app or contract address I need to install or add to my Ledger device? And, is there any safety precautions I should take while doing so to ensure the security of my funds? Thank you in advance for your help.

EthereumEliteGuard Fri Sep 13 2024 | 0 answers 0

I'm curious about the process of transferring Arbitrum tokens to a Ledger hardware wallet. Could you please walk me through the steps involved in doing so? I'm looking for a detailed, step-by-step guide that covers all the necessary precautions and considerations to ensure a safe and successful transfer. Additionally, I'd like to know if there are any specific requirements or limitations I should be aware of before attempting this transfer.