What is the Ledger Blue?
The Ledger company launched the Ledger Blue wallet in December 2016, a secure hardware device for storing a wide array of cryptos.
The wallet employs a plethora of security measures, being accessed via a 3.5-inch touchscreen. The device can be easily connected to your computer or laptop via USB.
The Ledger Blue enables you to store your private keys and simultaneously run multiple compatible apps in full isolation on top of its firmware without compromising performance.
Ledger announced in July 2018 that 10,000 Ledger Blue wallets would be the last batch they release.
Software compatibility
The wallet can be used on computers running on the following operating systems: Windows, Mac, Linux, and Chrome. The Chrome extension will be required.
The following software wallets can work in conjunction with Ledger Blue: MyEtherWallet, Copay, Electrum, Mycelium, GreenBits, and BitGo.
Ledger’s proprietary apps include cryptocurrency wallet interfaces for Bitcoin & Altcoin, Ethereum, and Ripple.
Supported Cryptocurrencies
The wallet supports BTC, BCH, BTG, ETH, ETC, LTC, DOGE, ZEC, XRP, DASH, STRAT, KMD, ARK, EXP, UBQ, VTC, VIA, NEO, XST, XLM and over 1000 more cryptos. For the full list of supported assets, you can visit the official website. and check if it supports the asset you are interested in.
Ledger Wallet Cost
Currently, Ledger Blue is being sold on its official website for $319 USD and on Amazon anywhere from $254 to $319 USD.
Setup process
In order to set up the wallet, you must complete the following steps:
- Turn on your wallet.
- Follow the instructions displayed on the screen.
- Select a PIN code.
- Back up the recovery seed.
- Install the apps you need (Ledger apps)
- You can now use the wallet to make transactions.
Making transactions with Ledger Blue
To be able to send funds from Ledger Blue, the required app for the crypto you want to transfer has to be installed. For sending Ethereum, you can follow the instructions below:
- Plug in the Ledger Blue’ USB into your computer’s port.
- Type your PIN code.
- Open the app for Ethereum on your wallet.
- Open the Ethereum Chrome application on your computer.
- Press “Send” and enter your transaction details in the pop-up window.
- Press “Send”.
- Tap “Confirm” on your wallet’s screen to manually confirm the transaction.
- Wait until your validation message is displayed by Chrome.
Ledger Blue security
The Ledger Blue is a bundle of solid security features which have all been designed to ensure that your crypto funds cannot be accessed by anyone except you. Some of its most notable measures include:
Offline storage: the wallet stores your private keys and other important transactional data in offline mode, thus protecting you from any online threats.
Secure element and Modular architecture: the device is built on a dual-chip architecture, and has integrated an ST31 Secure Element and STM32 microcontroller. This creates a fully isolated environment on which dedicated companion apps can run top of its firmware. This system enables you to send crypto to your wallet or install new apps on it without having to worry that your master seed will be compromised.
PIN code: features a secure PIN code of between four and eight digits which protect your data.
WYSIWYS: it is an acronym for What You See Is What You Sign, which makes sure that all your transactions are valid and also if you are protected against malware attacks and virus infiltrations.
Touchscreen: the color touchscreen enables you to verify transaction data and validate transactions manually.
Backup and restoration: the device can be backed up with a 24-word seed which will help you recover your funds in case the device is broken or stolen.
Where is Ledger Blue sold?
The Ledger Blue can be bought on Ledger’s official website. It is also available for purchase on Amazon and its official resellers.
Summary
The Ledger Blue wallet is one of Ledger’s advanced iterations for crypto storage. But its expensive price tag might deter many traders from buying it, even though it has an extensive list of supported coins and a high level of security.
