This feature is not available for the Ledger Blue device.
Since the Nano S 1.3 update, you'll find an ADVANCED security mode in your Nano S to manage different passphrases in the same wallet. This feature is sometimes called "Plausible deniability".
To update to Nano S 1.3, read this guide
These settings are useful to have 1 main account and 2 or several hidden accounts from the same wallet, with the same 24-word seed. But take care, these plausible deniability features are delicate to manage, as you are the only one to know a multitude of codes. if you ever lose them, Ledger nor anyone will be able to recover them for you. Do not activate this option if you are not absolutely sure to understand it.
WHAT IS PLAUSIBLE DENIABILITY?
In Nano S, "Plausible deniability" is a security feature to face the risk of being threatened and/or forced to give your PIN code. With this option, you will manage 2 PIN codes:
- First PIN code gives access to your main wallet, like a basic account with low amounts, to check daily payments.
- Second PIN code, linked to a specific passphrase you need to set up, opens an hidden account, for example to save large amounts, which will be used once in a while.
PASSPHRASE ATTACHED TO A PIN
In your Nano S, go to SETTINGS > Security > Passphrase > Attach to a PIN
With this feature, you can create, open and manage a second (and hidden) wallet attached to a specific passphrase, wallet accessible when you connect your Nano S with another PIN code. As long as your session will be open with this PIN code, you will be able to access it. When you disconnect your Nano S or when you quit the standby mode, you will be asked a PIN code, then you can choose to reopen this one or enter the main PIN code.
- Open the "Settings" of the Nano S
- Select "Security"
- Select "Passphrase"
- Select "Attach to a PIN"
- Enter a second and new PIN code
- Confirm this new code
- Enter and confirm a secret passphrase (100 characters max)
- Enter your first main PIN code to validate
How to best use the passphrase feature
Our recommendation is to use your current PIN for your day to day accounts, holding reasonable assets, and your alternate PIN for your savings account, holding higher value assets. This way, not only will your backup seed be protected by the passphrase, but your “duress” PIN will in fact be a real account with real transactions. This would be much more effective in a plausible deniability scenario.
TEMPORARY PASSPHRASE
In your Nano S, go to SETTINGS > Security > Passphrase > Set Temporary
With this feature, you can create, open or manage an hidden wallet, accessible only in this setting path. As long as your session will be open with this passphrase, you will be able to access it. When you disconnect your Nano S or when you quit the standby mode, this passphrase will be overwritten. You can create and manage as many temporary passphrases as you want, but only one by one - you can't open 2 or more temporary passphrases in the same session.
- Open the "Settings" of the Nano S
- Select "Security"
- Select "Passphrase"
- Select "Set temporary"
- Enter and confirm your secret passphrase (100 characters max)
- Enter your PIN code to validate
HOW TO RECOVER YOUR HIDDEN WALLET(S) ON A NANO S
On your Nano S, just recover your 24 words and set your previous hidden passphrase as a temporary passphrase or as a hidden wallet attached to a PIN code.
if you want to attach it to a passphrase:
- on your Nano S you must run the 24 words you previously ran when you set your passphrase. If you don't, reset your device and import the correct 24 words
- go to Settings > Security > Passphrase > Attach to a PIN
- choose a second PIN code and confirm it (you don't have to choose the same one as the previous one you set with the passphrase)
- set the exact passphrase you want to recover and confirm it
- validate by entering your first PIN code
if you want to set it as temporary:
- on your Nano S you must run the 24 words you previously ran when you set your passphrase. If you don't, reset your device and import the correct 24 words
- go to Settings > Security > Passphrase > Set temporary
- set the exact passphrase you want to recover and confirm it
- validate by entering your current PIN code
HOW TO RECOVER YOUR HIDDEN WALLET(S) ON A COMPATIBLE WALLET
If you ever lose your Ledger Nano S, you can restore your wallets and hidden wallets by importing your 24 words backup + your hidden passphrase, using any compatible wallet supporting BIP39 passphrases, on another Nano S, or on Trezor hardware wallet.
You can also manually export your private keys using an online tool for advanced users.