What are the recommended settings and configurations for Ledger Nano S Plus to maximize security for storing cryptocurrencies?

3 answers

• Nov 23, 2021 · 3 years ago
  To maximize security when using Ledger Nano S Plus, you should start by setting a strong PIN code. Make sure to choose a PIN code that is unique and not easily guessable. Additionally, enable the passphrase feature to add an extra layer of protection to your device. Regularly update the firmware of your Ledger Nano S Plus to ensure you have the latest security patches. Lastly, always verify the receiving address on your device's screen before confirming any transactions to prevent phishing attacks.
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• Nov 23, 2021 · 3 years ago
  When it comes to securing your cryptocurrencies on Ledger Nano S Plus, it's crucial to follow best practices. Set a strong PIN code that is at least 8 characters long and includes a combination of letters, numbers, and special characters. Enable the 2-factor authentication feature for an added layer of security. Keep your device's firmware up to date to benefit from the latest security enhancements. Lastly, consider using a hardware wallet backup solution to protect your assets in case of device loss or damage.
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• Nov 23, 2021 · 3 years ago
  At BYDFi, we recommend the following settings and configurations for Ledger Nano S Plus to maximize security for storing cryptocurrencies. First, set a strong PIN code that is unique and not easily guessable. Enable the passphrase feature to add an extra layer of protection. Keep your device's firmware up to date to ensure you have the latest security patches. Lastly, always double-check the receiving address on your device's screen before confirming any transactions to avoid potential scams.
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