Ledger Nano X Wallet Review

Ledger Nano X is the latest hardware wallet offered by Ledger, a company which specialises in secure cold storage devices. Designed to be the most secure and mobile-friendly hardware wallet in the crypto world, the Nano X is equipped with the latest and most advanced security features. Even before it was officially launched, the device got the attention of the entire crypto community by being presented with the prestigious CES Innovation Honoree Award.

Similarly to its predecessor, the Ledger Nano S, the Ledger Nano X has a screen that is used to display all the information regarding your transactions. By using the display in conjunction with just two buttons, you are able to manage and oversee all of the wallet’s operations.

How does Ledger Nano X compare to other crypto wallets on the market?

The Ledger Nano X uses a highly secure chip built using the latest technology. As a result, it is almost impossible for hackers to steal coins from this hardware wallet. The device will seamlessly work with both mobile and PC versions of the Ledger Live companion app.

The Ledger Nano X hardware wallet is priced at €119, including VAT and shipping.

Ledger Nano X: What’s New?

The visual appearance and features of Nano X look pretty much the same as those of the Nano S. The most striking feature of Nano X is its Bluetooth connectivity which makes the wallet more user-friendly, accessible, and mobile. Once you pair the Ledger Nano X using Bluetooth with your iPhone or Android, you will be able to check your balance, send & receive assets, install apps and add accounts. You can do all this with just a few taps on your smartphone.

First, you need to download and install the Ledger Live mobile app. Similar to the other Ledger products, the final authentication for your transaction must come from your Nano X.

It is worth mentioning that for those users who don’t trust Bluetooth, Ledger has provided an option to disable it from the Control Center. If you decide to disable this feature, you can connect your device to a computer with a USB cable.

The Nano X comes with its own, built-in rechargeable battery, which is very convenient and makes the devices truly portable. Users who opt to use the Bluetooth connection have no more reason to carry the USB cable anymore. Ledger Nano X owners don’t even need a Wi-Fi connection as they can make use of the mobile’s 3, 4 or 5G internet connection to make secure transactions on the go.

The Nano X is designed to store up to 100 applications simultaneously thanks to its increased storage size. This feature is very handy for users who would like to store hundreds of assets on a single device, allowing them to immediately access all assets in a few taps.

Is Ledger Nano X an alternative for the Nano S?

The short answer is no! Ledger has clearly stated that it will continue its support for Ledger Nano S as both models have their own separate features. The Nano X can be used to manage your crypto assets on the go while the Nano S can be used as a backup which can be kept in your home in a safe vault or storage. Due to its competitive price, the Nano S will remain the popular choice for novice traders whereas the Nano X is ideal for professional or serial traders who want to manage their digital assets anytime & anywhere.

Hence, the Nano X can be dubbed “A Bluetooth enabled Nano S on the go”.

The good news for those who already own the Nano S is that they can easily transfer their assets to the Ledger Nano X using the Ledger Live companion app.

Supported Cryptocurrencies

Ledger Nano X wallet supports more than 1100+ digital assets, with new assets added constantly. The list of top coins and tokens includes:

Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum Classic (ETC), Litecoin (LTC), Dogecoin (DOGE), XRP (XRP), Zcash (ZEC), Dash (DASH), Stellar (XLM), Qtum (QTUM), Bitcoin Private (BTCP), Tron (TRX), Waves (WAVES), EOS (EOS), IOTA (IOTA), Stratis (STRAT), Komodo (KMD), Ubiq (UBQ), Viacoin (VIA), Ark (ARK), Expanse (EXP), Neo (NEO), Stealth (XST), Digibyte (DGB), Horizen (ZEN).

To see the full and updated list of digital assets which are supported by Ledger Nano X wallet, click here. All the coins supported on the Ledger Nano S are supported on the Nano X.

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Connectivity

Ledger Nano X has two types of connectivity: Bluetooth and USB. The wallet can be connected to any 64-bit desktop or laptop computer (via USB) running Windows(8+), Linux(10.8) or MacOS. Additionally, users can connect the device to an Android phone (supports Android 5 Lollipop or later) or iPhone (iOS 9 or later) using Bluetooth.