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If I buy a Ledger Nano S, does it come with a built-in address? Does it create an address for me?

notaswimmer
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When you configure a Ledger Nano S, it generates a 24 word mnemonic for you to write down and store in a safe place. The mnemonic is stored in the ledger's secure element and used to generate the private key securely.

natewelch_
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