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Joe Siler
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Joe SilerNew You
Asked: May 28, 20212021-05-28T15:08:40+01:00 2021-05-28T15:08:40+01:00In: Finance

Am I able to retrieve the contents of my ledger nano S if it gets missing?

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Given a situation when I misplace my hardware crypto wallet, is there a way to retrieve the contents therein?

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    1. Tory Goldstein
      Tory Goldstein New You
      2021-05-31T18:15:11+01:00Added an answer on May 31, 2021 at 6:15 pm

      The Ledger doesn’t actually contain your crypto currency at all. It only holds the key to your crypto currency. The actual coins are on the various blockchains on the internet. If your ledger is wiped, lost or destroyed, all you need to do is get another one or a compatible wallet and enter your recovery words to gain access to your holdings again.

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    2. Delinda Rohr
      Delinda Rohr New You
      2021-05-31T18:15:45+01:00Added an answer on May 31, 2021 at 6:15 pm

      You’d be able to retrieve your coins only if you have the password and recovery phrases. You can either get another Ledger Nano S or use a compatible software wallet as quickly as possible. Use the recovery phrase to initialize the new wallet to the same key as the lost wallet. Do not waste any time doing this. If the Ledger Nano S is in the hands of someone trying to break it, there’s no way to know how much time you have.

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