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How to connect & use Nano S, Nano X wallet on Coin98

22/02/22
09:56
Beginner
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Thiết kế bởi: Biw
This article will guide you on how to use and connect Nano S, Nano X wallets on the Coin98.

From version 11.3, the Coin98 Super App has supported connecting hardware wallets for NanoS and Nano X wallet. The connection between hardware wallets and the Coin98 Super App will improve the convenience, users can leverage their experience optimally and securely.

Overview of the Nano S and Nano X hardware wallet

What is Nano S and Nano X hardware wallet? 

Nano S and Nano X wallet is the Ledger company‘s hardware wallet – an offline cryptocurrency wallet that stores and protects the Private Key of your funds away from the internet. If you make any transactions from a hardware wallet, the confirmation of that will be in an offline environment. 

Why should we use a hardware wallet?

There are many ways to store your assets, most people will choose the centralized exchanges (CEX) - which provide many utilities and tools to support users conveniently. But in fact, with only the first two months of 2022, the amount of stolen assets on exchanges has reached several hundred million dollars. Once they happen to you, your assets will be lost. So we can see that there are also potential risks from storing assets on exchanges

Even storing on a software wallet or a hot wallet has risks, just check a social network and you will easily find not only one but many cases of rekt/exploited losses related to e-wallet products in a very unfortunate way due to negligence while used by many users.

In the crypto market where hacks and thefts are something you're exposed to in the newspaper everyday, keeping your assets away from the internet is necessary. With its inaccessible feature, many users have begun to look into hardware wallet as a solution for storing assets to minimize the risk of attacks by a hacker from the internet.

Hardware wallets are less convenient than hot wallets because they must be turned on and then connected to the internet. Having to use two devices at the same time, along with the risk of damage, loss or theft will cost you between $50 and $200 to continue using that device.

Specialities of Nano S and Nano X hardware wallet

Secure element: Basically, assets in the crypto market will be stored on the blockchain and to protect assets from intrusion, all wallets are equipped with a Private Key. The security chip system in the hardware wallet (Secure Element) will keep the user's Private Key secure and safe. 

Continuous storage capacity: To avoid hackers from the internet, hardware wallets will help you store your Private Key more securely, receiving assets transferred from any source can be done even when you have not connected to the internet.

Multi-system connectivity: Most hardware wallets on the market are equipped with a Bluetooth system to support users who can use the phone application. Currently, the Coin98 Super App is supporting hardware wallet connection by:

  • Using the cable on your computer and Android.
  • Using Bluetooth on Android and iOS.

Support more than 5,500 different coins/tokens: Both Nano S and Nano X versions support more than 5,500 different coins/tokens.

Benefits of connecting to the Coin98 Super App or Coin98 Extension Wallet

The Coin98 Wallet is a non-custodial wallet, you can have fully control of all key. In addition, the security of the hardware wallet will make the assets in the wallet safer than ever 

More than that, Coin98 Extension Wallet supports hardware wallet connection so users can enjoy the services securely and conveniently, for example: staking, buying and selling NFTs in Marketplaces, Dapp Browser,…Also, this increases the ability to skin in the game and enjoy better DeFi services from Coin98.

Preparations before using the Nano S and Nano X hardware wallets on the Coin98 Super App

Download and install the Coin98 Super App

The Coin98 Super App is now available for both iOS and Android users: 

Watch the tutorial video to install the Coin98 Super App.

Download and install the Coin98 Extension Wallet

You can access chrome.coin98.com to install the Coin98 Extension Wallet.

For instructions on installing and using the Coin98 Extension Wallet, you can refer to this guide here.

Prepare and setup your device

In the latest version, the Coin98 Super App supports the most common hardware wallets available on the market: Ledger Nano S, Nano X wallet on Android and iOS. This means users need to download the Ledger Live application on each system’s app store before setting up your device.

Step 1: Open Ledger Live, choose Get started

Step 2: Read the terms of service and privacy policy, then select Enter Ledger App. Choose your device, in this article, I will use the Nano X wallet as an example. You can do the same with the Nano S wallet. After that, choose Set up a new Nano to proceed with the hardware wallet installation.

Step 3: Please follow the instructions below to be able to set up your wallet. Let’s do this! 

  • Open your Nano wallet by pressing the left black button for one second. After that, please read Ledger’s instructions on the device to know how to interact with your wallet.
  • Press the black and white button at the same time and select Set up a new device
  • Insert your PIN code on the wallet. PIN code is your first layer of security which physically secures access to your wallet and private keys. Your PIN code must be 4 to 8 digits long to set up. After each digit, press the two buttons at the same time and the system will automatically move to the next digit. Enter your PIN code again to confirm it. 
  • The next layer of security is the Recovery Phrase – the secret list of 24 words that backs up your private keys. Please note down with your Recovery Sheet, if you lose this recovery phrase, you will not be able to access your crypto in case you lose the Nano device. After writing down all 24 words, the system will confirm your recovery phrase again. Scroll through until you find the correct word by pressing the right button and repeat for all words.  
  • When the device shows Your device is now ready which means your wallet is ready to work. Press two buttons at the same time to move to Dashboard.

Step 4: After completing Ledger’s simple quiz, we have finally done the basic steps of setup the wallet. Please open Bluetooth on your phone (Nano X) or connect with a USB cable, then click Let’s pair my Nano Add new Ledger Nano XPlease make sure that you have opened Bluetooth on your mobile for both versions.

Your device will be displayed under the name Nano X …., select Pair to confirm the code, and press two buttons at the same time to connect. When your wallet displays Allow Ledger manager, press two buttons again to allow the device to connect with your phone. 

Note: 

  • For Android version, make sure that you have connected the Bluetooth before pairing with a wallet.
  • You can check the bluetooth access permission by select SettingsPermission Allow Bluetooth or BLE.

Step 5: After your wallet has successfully connected to your phone, the screen will display Pairing successful, click Continue to complete the setup process.

How to use hardware wallet on the Coin98 Super App (Nano S & Nano X)

Create your account

Step 1: Open Ledger Live and make sure your device is connected to the phone.

Step 2: In the Manager section, select your device. Then search and install the application corresponding to the coin/token you want to store by selecting Install. 

In this article, I will choose Ethereum (ETH) as an example.

Step 3: Move to the Account section and select Add Account. Choose your wallet and the installed application in step 2 on the device.

The system will take a few minutes to check the data of the respective property, after that click Continue -> Go to Accounts to complete.

Connect with the Coin98 Super App

After creating your favorite coin/token‘s account, you can access the Coin98 Super App to connect.

The Blind Signing system is a feature that is required for signing transactions involving smart contracts that come from third-party products like the Coin98 Super App.

You need to enable this feature before connecting:

Step 1: Open your coin/token‘s application, then press the right button to navigate to Settings.

Step 2: Your device will display Blind Signing, Press both buttons to enable the blind signing transaction. The device will display Enabled. 

Step 3: Open the Coin98 Super App. At the main interface, select the Wallet icon at the bottom right corner, then click Manage.

Step 4: Click Add Wallet and click on the Hardware Wallet icon to connect with your hardware wallet. Select Restore.

Name your wallet and click Connect. After the device is recognized and connected, click Restore. 

After connecting successfully, your asset will be displayed on the main interface of the wallet section.

Please make sure your hardware wallet always connects with your mobile device for the smoothest process. 

How to receive coins/tokens into Coin98 Wallet

Before receiving or sending any coin/token, you need to make sure that coin/token is supported on Ledger device by searching for the name of the coin here.

Step 1: Click the coin/token’s icon on the main screen.

Step 2: Choose Receive.

Step 3: Copy the wallet address or use the QR code.

How to send coins/tokens from Coin98 Wallet

Step 1: Click the coin/token icon on the main interface. 

Step 2: Choose Send.

Step 3: Select the token and enter the number of tokens you want to send & the wallet address to send to. Adjust the Gas fee slider to suit your needs → Slide the Send bar to confirm.

How to use Nano S and Nano X on the Coin98 Extension Wallet

First, you need to download the Ledger Live application on each system’s app store before setting up your device. After connect your device by using the cable on your computer, please set up the hardware wallet by following similarly the instruction on the mobile device.

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Or in each case you can choose as follows:

  • Connect your Nano X: If you have already setup your device
  • Restore your recovery phrase on a new device: If you want to restore by using the recovery phrase on the new device.  
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After the installation or restoring of the wallet, select Check my Nano to proceed with the connection.

Then select Pair to confirm the code, and press two buttons at the same time to connect. When your wallet displays Allow Ledger manager, press two buttons again to allow the device to connect with your phone.  

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After your wallet has successfully connected to your computer the screen will display All good!. Click Continue to complete the setup process.

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Create your account

Step 1:  In the Manager section, select your device. Then search and install the application corresponding to the coin/token you want to store by selecting Install. 

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Currently, the Coin98 Extension Wallet only supports EVM wallets that have been integrated. In this article, I will choose Polygon (MATIC) as an example.

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Step 2: Move to the Account section and select Add Account. Choose your wallet and the installed application in step 1 on the device.

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The system will take a few minutes to check the data of the respective property, after that click Done to complete.

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Connect with the Coin98 Extension Wallet

As same as the mobile version, you also need to activate the Blind Signing feature before connecting:

Step 1: Open your coin/token‘s application, then press the right button to navigate to Settings.

Step 2: Your device will display Blind Signing. Press both buttons to enable the blind signing transaction. The device will display Enabled. 

After creating your favorite coin/token account, you can access the Coin98 Extension Wallet to connect. 

Step 3: Open the Coin98 Extension Wallet. At the main interface, select the Wallet icon at the bottom right corner, then click Manage.

Step 4: Select Add Wallet and click on the Hardware Wallet icon to connect with your hardware wallet. Select Restore.

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Name your wallet and click Connect Wallet.  After the device is recognized and connected, click Connect. 

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After connecting successfully, your asset will be displayed on the main interface of the wallet section.

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Send and receive operation is similar on both the mobile and the extension versions, so you can conduct these steps for both.
 

FAQs

Can hardware wallets be used to interact with features on the Coin98 Super App?

After successfully connecting the hardware wallet with the Coin98 Super App, you can easily interact with all the product features such as: Dapp Browser, Swap, Terminal,.... in the upcoming versions.

After disconnecting, is it possible to receive the transferred coin/token?

After disconnecting, you can still receive the assets transferred to your hardware wallet address. Please double-check the supported coins/tokens, address and network before making any transaction.

Why can’t Nano S devices connect on iOS?

Because the Nano S device does not support Bluetooth connection so it cannot be used on the iOS operating system.

Summary

Hopefully, this article can effectively support users in using Nano S and Nano X hardware wallet. 

If you have any problems or questions during the implementation process, please leave a comment below or access Live chat, the Coin98 team will support you right away!

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