Nano S Ripple Ledger – Ripple Token Management Made Easy
The Nano S Ripple Ledger combines the secure and powerful Nano S with the Ripple Wallet. The package is an installation variant on the versatile hardware wallet. French manufacturer Ledger SAS hasn’t held back when equipping this hardware wallet with new apps.
The Nano S Ledger can now handle a considerable number of different cryptographic currencies. In the current cryptocurrency market, this is not only an essential demand from consumers, but a purchasing criterion.
As with other cryptographic currencies, the Nano S Ripple Ledger must be configured for operation. We’ll look into this, overall operation and the Ripple Wallet in this guide. The Nano S Ripple Ledger will work with Windoes 7 and above, MacOS 10.8 and above, and Linux.
Support for the Android and iOS operating systems for mobile is not available at this time. Another must before installation is to ensue you have Google Chrome or Chromium installed on your computer. Once this is done, you can start preparing your equipment.
To do this, remove the Ledger Nano S from the box and connect it via the included USB cable. When the device is launched into operation for the first time, it switches on and immediately asks for a four-digit PIN.
Preparing the Nano S Ripple Ledger
The required PIN code is entered into the Nano S Ripple via the keys found on the device itself. You change the individual PIN numbers by pressing up or down. Each digit of the PIN, as well as the overall PIN, needs to be confirmed correctly.
To do this, press both keys of the ledger simultaneously. To confirm the PIN, enter it a second time. Take the recovery list and carefully enter the 24 words found in it. Make sure that the word and position in the list is an exact match for the one displayed on your device.
Once all words have been entered, random word queries will follow. As with the PIN entry, all entries are made using the integrated keys. These operations are also confirmed by pressing keys simultaneously. If everything has been entered correctly, the hardware wallet reports everything is ready for operation.
Now it can be launched, the Ripple Wallet can be installed onto your Nano S Ledger. Before that, it’s worth looking at the website of the manufacturer and getting clued up on the software to be installed.
Installing the Ripple Wallet
You computer should be started up and operational. Once it is, connect the Nano S Ledger. You will be asked in the OLED display whether you want to create a new wallet or restore an older one. Install a new one after you’ve checked the firmware of the ledger.
For Ripple, firmware 1.3.1 is required. Open settings for testing and navigate with the device keys. In the settings, select “Device” and then “Firmware”. If you have an older version, you’ll need to upgrade. This is possible once you’ve added the Ledger Manager.
The Ledger Manager is an incredibly useful application that lets you update things like firmware. It also contains all the available wallets compatible with the Nano S Ledger. If you do not want to use the Ledger Manager app, you can also download and install the Ripple Wallet directly. As you can see, we decided for the Ledger Manager app for streamlined installation steps.
Sending and receiving Ripple tokens
Double-clicking on the program icon installs the Ledger Manager app. You can quickly open the Ledger Manager in Google, immediately seeing the user interface and the option to update or install wallets. Clicking on the green arrow next to the Ripple app installs the wallet onto your Nano S.
After installation disconnect the device from your computer. If you want to manage, receive or send tokens, you must reconnect the hardware via USB. Make sure that the XRP-Wallet ledger is open on the computer. XRP is the abbreviation of Ripple. The device will then ask for the PIN.
If you enter the PIN correctly, the wallet will then open on the Nano S. You can now start using the facility. Click on “receive” to receive sent Ripple tokens. A QR code opens on the screen, which you can send to transmitters as you wish. They use your QR code to send you Ripple tokens.
Exchange services usually require a so-called tag as additional specification. It consists of a series of numbers that you can assign yourself.
What’s the deal with Ripple’s Destination Day?
The Ripple protocol specifies that the first receive transaction must contain at least 20 tokens. If there are fewer, the transaction may in fact fail. Changeover services require the “Destination Day”. Here, enter a numeric number of your choice, otherwise the transaction may be rejected.
If you do not do this, your tokens will usually be returned, but minus the transaction fee. In the worst case, the transaction can become “stuck”. The service provider then needs to be informed about the transaction to attempt any resolve. In short, with a Destination Day, you are always on the safe side of transactions with your Nano S Ledger.
As usual, send transactions with this device must be confirmed by pressing device keys simultaneously. Only then your tokens travel to the recipient wallet. The Ledger Nano S is a user-friendly and above all, secure hardware wallet you’ll have no problem with.
Alexander Weipprecht is the managing partner of Provimedia GmbH. As a trained IT specialist for application development, he has been advising leading companies on the following topics for more than 10 years: online marketing, SEO and software. Cryptocurrency is becoming increasingly important to businesses and investors. Through Coin Report and Krypto Magazin Germany, Alexander wants to give all people easy access to the subject matter.