Investors often lose access to their respective crypto wallets, whether they are software wallets or hardware. But, this doesn’t mean that they won’t be able to recover their accounts. The only condition that should be fulfilled for restoring the wallet is that the investors should have the recovery phrase with them. When it comes to Ledger hardware wallets, the team has launched a couple of hardware devices and one among those is the Ledger Nano S Wallet. This is referred to as the first wallet launched by the Ledger.
When talking about the recovery of this wallet, people face hurdles or find the process a bit complicated. Thus, to ensure that you don’t face any such issues or errors while performing the recovery process, we have crafted this read. From the get go, we have tried to cover all the essential information relating to this process.
Preparations you should do…
Before moving ahead, and starting the process of Ledger Nano S Wallet recovery, there are certain things that you need to do, and they are:
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A Ledger device
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The wallet recovery phrase
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A compatible computer (operating device)
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Get the Ledger Live app downloaded and installed on your device
The route map to restore your wallet account
Restoring or retrieving your wallet account is a bit critical process to be performed. For performing this process, users should have the recovery phrase with them. We have already mentioned all the things that you should keep handy for completing the wallet restoration process.
After organizing the required details, perform the following set of actions:
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Start by connecting your Ledger Nano S Wallet to the computer by using the USB cable. On the successful connection of the wallet, a message reflecting “Welcome to Ledger Nano S” will appear on the screen
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For navigating the on-screen instructions, make use of the left and right buttons of the wallet
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To select the “Restore from Recovery Phrase” option, simultaneously press both buttons on your device
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Now, proceed ahead in the process and construct a strong PIN comprising 4-8 digits
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Repeat the process for confirming the PIN
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Once confirmed, select the length of your wallet’s recovery phrase from the drop-down options
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Accurately mention all the words of the recovery phrase
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On successful completion of the setup process, a statement saying “Your Device is Ready” will get displayed
Evade mistakes by reviewing the following details
To avoid the chances of encountering mistakes whilst performing the recovery process of the Ledger Nano S Wallet, you need to double-check the below-listed details.
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Ensure you have selected the correct option determining the length of the recovery phrase
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Review that you have entered the recovery phrase in the correct sequence or order
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Make sure that all the words of the recovery phrase are on the BIP39 Word list
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Moreover, as a security practice always ensure that your device is locked (when not in use)
Concluding Lines
Ledger Nano S Wallet is the first hardware wallet belonging to the Ledger product line. At one point of time, all investors look for the process of restoring their wallet accounts. This read was about the same. The prime aim of the information covered in this read was to help investors learn the complete process that they need to act if they are looking to restore their wallet account. Along with that, there are certain things that you should always cross-check to eliminate the chances of mistakes while carrying out this process.