Please note that I own a Ledger Nano s and include affiliate links in this article. I was not hired/paid to write this article.
Whether you are new to cryptocurrencies or not it is important to safeguard your savings. When buying cryptocurrencies you typically go through an exchange such as Coinbase, Binance or Bittrex. An exchange is fine for buying and selling but if you plan to keep cryptocurrency for a long time it would be much safer to store it on a hardware wallet such as the Ledger Nano S or the Trezor. I wanted to write this article to outline some of the things that any user should be aware of.