The Ledger nano S hardware wallet is built on a robust set of safety features to store cryptographic assets, and secure digital payments. The ledger nano S connects via USB to any computer and has a built-in OLED screen that allows you to confirm and double check each transaction by tapping on the side buttons.
You need to safeguard your private keys and your access to funds when you have cryptocurrencies. Ledger Nano S protects your private keys and other sensitive information. The Secure Element is a high-tech hardware wallet that’s locked with a PIN. The transactions are not tampered; the screen is physically verified by pressing a single button.
The Ledger Nano S comes with companion apps for Bitcoin, Litecoin and Ethereum Classic, as well as other blockchain-based cryptocurrencies. From the same device, you can manage and send multiple currencies and addresses. You can also check and update your account. Nano S supports the FIDO (r) Universal Second Factor Standard, which simplifies authentication on online services compatible with GMail, Dashlane or Dropbox.
Ledger Nano How do I store and send ERC20 Tokens?
MyEtherWallet is required to send ERC20 Tokens from a Ledger to the Nano S. This popular Ethereum online wallet can be used as a replacement for the Ledger Ethereum chrome application. The Ledger nano S and Ledger blue are supported natively on Chrome and Opera without installing any plug-ins or apps.
You will have to activate browser support before you can send ERC20 Tokens from Ledger to MyEtherWallet. To be able create token transfers, you will need to also enable contract data.
You need to first open Ethereum by clicking on it and then pressing the two buttons simultaneously. Press the right-hand button, then select “Settings”, and finally press both buttons simultaneously to open up.
Press both buttons simultaneously to bring up the “Contract Data” window. Then, press the “Yes” button on the right.
The same will apply to “Browser support”. Press both buttons to activate “Browser support”, the right button for “Yes” and then both buttons to confirm. MyEtherWallet can now detect the device and MyEtherWallet is able to connect directly to your browser.
You are now done with the configuration of your Nano S so that it works with MyEtherWallet. Press the “Back” button on the right and simultaneously press both the buttons to return to the Ethereum application. You can do it again to return to the main menu.
To manage your Ethereum Account, visit the MyEtherWallet site (not the extension Chrome plugin) and click on the “Send Ether & Tokens” tab. Click on the “Ledger Wallets” tab and then “Connect Your Ledger Wallet”.
You will see a popup window where you can select the HD path you wish to follow and what address you would like to use:
There will be a list of Ethereum addresses. You can access all of them. Select any address to get access. Now you can send and receive ETC/ETH transactions.
The device will need to confirm all transactions (just like the Ledger Ethereum application for Chrome). MyEtherWallet only receives public data and never your private keys.
Please wait for a few moments after you have confirmed the transaction. You’ll see the raw data displayed on the website. Click “Send Transaction” to view the confirmation.
It’s done! It’s done! You sent your tokens to the Hardware Wallet. This is where you should store them.