Ledger Nano S : The price increases for a number of reasons…

The Ledger Nano S was a big success so much so that it is in the rupture. But this is not the only consequence ! In fact, the success was such that the French company Ledger, which is at the origin of the product has decided to increase its price. It explains to you !

An incredible success

You know, without doubt, the Ledger Nano’s ? It is a device imagined by the French company Ledger, in which the chip is used to secure the private keys offline on your device, and perform transactions in your cryptodevises via dedicated applications. So you can send and receive payments, check your accounts, but also manage multiple addresses for each currency from the same device. And all this for just 69.90€. Finally, this was the case until last Friday. In fact, not only the product is out of stock, but in addition, it now costs 94€. This represents an increase of over 36% ! And it will have to wait for the end of the month of march to be able to get it… of course, the disaffected are many !

Why such an increase ?

The more bitching it is the consequent increase in the price of the Ledger Nano S. As its low price was its main advantage ! It is in an official press release that Eric Archbishop, president and CEO of the company, has justified the rise in prices. He explained that the very strong demand in the market would require massive investment in the company to improve logistics, infrastructure, it, communication, customer service, but also and especially the production system. And yes, the demand increases, it is necessary to be able to respond to them ! Moreover, it is also for these reasons, many trading platforms, such as CAX or Bitfinex, have for now closed the entries…

Significant consequences

This increase in the price of the Ledger Nano S has also consequences for affiliates of the company, but for them, it is less interesting ! In effect, their commission was increased from 15% to 10%, a reduction of nearly £ 1…

So we’ll have to wait if you want to invest in the Ledger Nano S. be Aware, however, that the costs of delivery will now be free. Cold comfort when one discovers that its direct competitor, TREZOR, is displayed at 107€ and available on…