Overview
What is Ledger?
Ledger is a hardware wallet developed by Ledger SAS that aims to provide secure storage and management for cryptocurrencies. According to the vendor, Ledger is suitable for individuals, small businesses, and large enterprises that deal with cryptocurrencies and need a secure way to manage their digital...
Pricing
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- No setup fee
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- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
- About
- Tech Details
What is Ledger?
Ledger is a hardware wallet developed by Ledger SAS that aims to provide secure storage and management for cryptocurrencies. According to the vendor, Ledger is suitable for individuals, small businesses, and large enterprises that deal with cryptocurrencies and need a secure way to manage their digital assets. The product is utilized by various professionals and industries, including individual cryptocurrency investors, crypto exchanges, blockchain startups, financial institutions, and e-commerce platforms accepting cryptocurrencies as payment.
Key Features
Swap crypto: According to the vendor, Ledger allows users to quickly and securely exchange one cryptocurrency for another using its providers. It offers a user-friendly interface for swapping between different cryptocurrencies, ensuring fast and secure transactions between digital assets.
Stake crypto: Ledger Live, as claimed by the vendor, enables users to stake cryptocurrencies such as Ethereum, Solana, and Cosmos, allowing them to passively grow their assets by participating in blockchain networks. It provides a secure and easy-to-use platform for staking digital assets, potentially offering a way to earn passive income.
Manage crypto: Ledger claims to support the secure sending and receiving of over 500+ cryptocurrencies, including Bitcoin, Ethereum, XRP, Cardano, and Polygon. It provides a comprehensive platform for managing various digital assets, offering users full control over their portfolio and ensuring safe and efficient transfer.
Dimensions & weight: The Ledger device has compact dimensions of 72mm x 18.6mm x 11.75mm, making it easily portable and storable. According to the vendor, it weighs 34g, providing a lightweight and comfortable user experience without adding significant bulk or weight when carried.
Materials: The Ledger device is constructed using brushed stainless steel and plastic, according to the vendor. This design choice aims to provide a durable and robust construction, ensuring the security and protection of the internal components.
Box contents: Each Ledger hardware wallet includes a USB-C to USB-A cable for connectivity, a getting started leaflet with instructions for initial setup, three recovery sheets for securely storing the recovery phrase, and a keychain strap for easy attachment and portability, as stated by the vendor.
Microcontrollers & connector: The Ledger device uses a USB Type-C connector for connectivity, offering compatibility with various devices and ensuring fast data transfer, according to the vendor. It is equipped with ST33J2M0 chips, providing advanced security features and cryptographic capabilities for secure storage and execution of cryptographic operations.
Certification level: The Ledger device is certified with CC EAL5+ (Common Criteria Evaluation Assurance Level 5+), according to the vendor. This certification demonstrates a high level of security and protection against potential threats, meeting rigorous international standards for cryptographic devices.
Ledger Technical Details
Operating Systems | Unspecified |
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Mobile Application | No |
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Community Insights
- Business Problems Solved
Ledger solves several key business problems for its users. Firstly, it offers a trustworthy and secure solution for managing bitcoin holdings. Users have found Ledger to be reliable in protecting their assets and providing a sense of security against transaction-related problems. The storage and encryption of private keys within a Hardware Security Module ensures that day-to-day users cannot access them directly, further enhancing the safety of their digital assets.
Additionally, Ledger's 24x7 availability allows users to manage their assets without worrying about time shifts, offering convenience and flexibility. The intuitive web 2.0 UI makes it easy for users to navigate through different features, with helpful hints along the way. This seamless user experience extends to the mobile app as well, enabling users to view and manage their assets from a single interface.
Furthermore, Ledger Vault provides robust security features such as multi-signature transactions and backup devices, addressing the need for secure storage and transfers of digital assets. Platforms that require a fluid and secure governance system, like crypto cross-chain swap platforms, can rely on Ledger Vault to provide smooth services on top of its secure infrastructure.
Overall, Ledger's hardware wallet and Vault solution address the business problems of trust, security, convenience, and seamless asset management for individuals and organizations in the cryptocurrency space.