Jump to content

XRP - eToro - Ledger Nano X


ALiiBEAR
 Share

Recommended Posts

Hi guys, 

Recently new to investment, Ive invested into XRP through eToro.

 

After doing more research it seems that the safest way to hold a substantial or any crypto for that matter is by using a ledger. 

I was wondering if you could use a Ledger Nano X with eToro/eToro wallet. If so is there a tutorial somewhere? I know that I can do this with coinbase however I'd quite like the ease of just leaving my money in eToro. If I need to move it I will but I'd like not to.

 

Thanks in advance!

Link to comment
Share on other sites

@ALiiBEAR

As we've seen with Gatehub etc, you are placing a certain amount of trust in these companies. They should be safe, and some may say they'll insure your losses in the case of worst event... but you'll never know until it's too late.

With using the Nano, a paper wallet etc you move that responsibly onto yourself. You have to either trust these companies, or trust yourself with the keys. With a company a hacking or corrupt employee is an issue. With yourself loss or theft of your keys is an issue (so long as you don't fall for any phishing attempts).

I've gone for the Nano myself, but that means I'm now trying to keep 2 sets of seed words safe in physical locations.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.