Hedera wallet

Ledger is one of the best crypto wallets according to Forbes, TechCrunch, Bloomberg, and much more websites.

Ledger is a non-custodial wallet supporting over 5 500 cryptocurrencies including Hedera (HBAR).

Thanks to the Ledger Live mobile and desktop app, you can manage your HBAR tokens, check your real-time balance, track transaction histories, and more. You also have the possibility to connect your Ledger to the well-known HashPack software wallet.

When you first buy cryptocurrency, you’re issued with two keys: public and private.

• A public key serves as an address that can be shared with other parties to perform transactions.
• A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your hardware wallet to spend, withdraw, or transfer your cryptocurrencies.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

• Your private keys are stored on secure element chips.
• A PIN code and a 24-word recovery phrase are required to access the wallet.
• Ledger Nano hardware wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano cold wallets keep your keys secure and give you complete control over your tokens.

HBAR Wallet app refers to a mobile or desktop application cryptocurrency wallet designed specifically for Hedera Hashgraph’s native cryptocurrency, HBAR.
Ledger Live is an HBAR Wallet app for both iOS and Android platforms, as well as for desktops on Windows, Mac, and Linux.
It allows users to securely store, manage, and transact with HBAR tokens. It typically provides features such as creating and importing wallets, generating private and public keys, and facilitating the transfer of HBAR tokens between users.

The HBAR wallet address, also known as the Hedera Account ID, always starts with “0.0.” and is followed by a 5-character alphanumeric string. For example, a Hedera Account ID could be “0.0.12345”.