How to setup Ledger Nano S
Ledger produces several hardware wallets that support multiple currencies, with the Ledger Nano S being one of the most common. Ledger devices connect to your computer via a USB port. Your private keys are securely stored offline protecting them from Internet-based threats. Further, Ledger wallets are compatible with a range of software interfaces (e.g. MyEtherWallet, Ledger Chrome extensions, Ledger Live etc.) making them very useful.
Pros: Excellent security specs. Multi-currency. 2FA. Cold storage.
Cons: Expensive (compared to free wallets). Hard to restore (but not impossible).
The following step-by-step video guide will show you how to install and set up your Ledger Nano S.