If you are a user of a hardware wallet like Ledger Nano X then learning how to reset Ledger Nano x is a must for you. With a simple knowledge of its resetting, you can assure further security of your hard-toiled crypto currencies.
How you can reset your device, why you should reset and the consequences of not resetting will be the talk of today's write up. Let’s take you to the details, ending the intro here. Let’s begin!
Although the title refers to Ledger Nano x only yet the following two methods are equally effective for both Ledger Nano s and Ledger Nano x. Here we go!
Plug your Ledger Nano S or Ledger Nano X to the USB port of your laptop or desktop using a USB cable.
As the screen of your ledger device lights up, you will be asked to log in using the 4 or 8 digits PIN code. Enter the code appropriately and double check before confirming.
As soon as you confirm the right password, you will be given complete access to the ledger wallet.
Now, this is the most shortcut way of resetting your ledger device that takes the least time and effort. Here follow the steps:
Plug your Ledger Nano S or Ledger Nano X to the USB port of your laptop or desktop using a USB cable.
Always make sure that you use the supplied cable for securing the connection. Although using the supplied one only it’s not mandatory yet it is advisable for the best service in the best possible way.
You must reset your purchased Ledger Nano wallet for the two following situations:
It is always discouraged to buy a used hardware wallet from a person whom you don’t know or from an acquainted person. You can never guess what inside the mind of the seller is, can you?
However, if you end up buying such a used Ledger Nano device, the first thing that you need to do is to reset the device.
In this era of modernity, cheating can be done in a subtle way that sometimes a cunning person can’t identify.
So, whenever you buy a Ledger Nano s/x from an unauthorized site or page or seller, reset the device instantly.
If you don’t reset a Ledger Nano s/x even after having it second hand or from an unauthorized seller, things can get worse for you.
You never know whether the reseller is an honest person or not. It might happen that he or she is an expert hacker and has modified the device from inside in own way with a self-built application or tiny device.
This will eventually result in your being destitute of all your stored assets as the scammer has log in detail copied.
FAQs
Ans. By resetting Ledger Live, you will lose all the made settings and accounts on your computer.
Ans. On entering incorrect PIN code for three consecutive times, your Ledger hardware wallet will automatically reset to the factory settings by erasing the private keys from its secure storage. Once the reset is done, restore the device using your recovery phrases and then choose a new PIN code.
Ans. Yes, the process of resetting and restoration are always the same whether you have device s or x.
Ans. Although the brand new device with factory settings has zero possibility yet a tampered device by a scammer may easily be.
Ans. No, Ledger does not store your private keys, nor ever asks for it.
Ans. Shopify exposed 20,000 new Ledger customer records, including their names, phone numbers, emails and postal addresses.
In short, having a sound knowledge on how to reset Ledger Nano x is the prerequisite for your use of a used or unauthorized purchased hardware wallet. If you don’t reset, there leaves a great possibility of your account being hacked.
Link to buy Ledger Nano X :
https://shop.ledger.com/pages/ledger-nano-x
Link to buy Ledger Nano S :
https://shop.ledger.com/products/ledger-nano-s