![]() ![]() The Ledger Nano X costs approximately $149 USD and it offers bluetooth compatibility. The primary advantage of the Ledger Nano X is its bluetooth capability, which enables your hardware wallet to communicate with bluetooth enabled devices. The Ledger Nano S Plus has a larger screen and more memory than the Ledger Nano S. The Ledger Nano S Plus is newer than the Ledger Nano S and Ledger Nano X. All models also support other crypto blockchains such as Bitcoin, Ethereum, XRP and Binance. You can purchase the hardware wallets at many online retailers such as Amazon. The three models come at different prices, and have various features. Selecting The Best Solana Hardware WalletĬurrently you can choose from three hardware wallet models supported by Solana: Ledger Nano S, Ledger Nano S Plus, and Ledger Nano X. Always review the transaction and look at the transaction instructions to understand what will happen to your account. You can enable blind signing on your Ledger hardware wallet in three easy steps:Īvana Wallet helps you understand transactions before you sign them with your hardware wallet by showing you the estimated changes to your Solana account and SPL token balances. If you want to participate in liquid staking, or interact with DeFi, GameFi or NFT marketplaces, you will need to change blind signing setting to enabled. Most DeFi apps, such as Mango Markets and Orca, use Solana smart contracts that Ledger hardware wallets are not able to understand.īy default, Ledger Live sets blind signing to disabled as a security precaution. Hard disk space on Ledger hardware wallets is limited, so the software is only able to read and understand common Solana program instructions such as sending and receiving SOL, and staking SOL with validators. Ledger hardware wallet software is limited in its ability to understand all transactions because every Solana smart contract has different instructions. Blind signing is safe as long as you review the transaction beforehand and trust the application requesting your signature. Blind signing means that you will permit your Ledger hardware wallet to sign transactions that it does not understand. The term blind signing sounds risky and uncertain at first impression. If you want to use your Ledger hardware wallet for decentralized apps, DeFi, GameFi, or NFT marketplaces, you need to adjust the configuration to allow Blind Signing. ![]() Ledger is only able to read and sign native Solana program instructions. Ledger hardware wallets and Ledger Live are not configured to work with all Solana apps by default. For a comprehensive walk-through on how to setup your Ledger Nano hardware wallet view Avana Wallet hardware wallet documentation.įor advanced users, you can use the Solana CLI to interact with your Ledger hardware wallet. Ledger Live updates the firmware on your hardware wallet so it can sign and read Solana transactions. You need to download Ledger Live and install the Solana app. Ledger hardware wallets require additional software to become compatible with Solana. Your Ledger hardware wallet then signs the transaction and sends the transaction signature back to your computer or mobile phone to submit to Solana. When you use your hardware wallet to sign transactions on Solana, you are prompted to authorize transactions on your Ledger device. Also, you could possibly lose or break your hardware wallet.Ĭurrently, Solana works with the following hardware wallet models: The additional security has a trade-off - you must always carry the physical device with you, and it is less convenient to use. Hardware wallets provide an extra layer of security when you interact with the blockchain because your private keys are not stored on a device always connected to the internet. Ledger hardware wallet enables you to sign transactions on Solana using your private key stored on the hardware wallet without ever exposing your private key to external devices. Trezor does not currently support Solana. Currently, Ledger is the only major hardware wallet manufacturer that supports Solana. Solana supports the use of hardware wallets, but you will need a hardware wallet that is configured to communicate with the Solana blockchain. ![]()
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