If you’re in the market for a hardware wallet, the Ledger Nano X is definitely worth considering.
It’s a compact, secure device that allows you to store and manage your cryptocurrencies, including Bitcoin, Ethereum, and over 5,500 other Altcoins.
In this Ledger Nano X review, we’ll take a close look at the features and capabilities of the device, as well as its design, usability, and overall value for money.
In the end, we will also compare “Ledger Nano X vs S Plus”. Keep Reading!
- Ledger Nano X supported Coins: manage over 5,500 coins and tokens. Including Bitcoin, Ethereum, XRP, and more.
- Hardware Device Cost: $149
- Transaction Fees: Customizable (high fees mean faster transactions)
Ledger Nano X Review: At a Glance
| Feature | Value |
|---|---|
| Dimensions | 72mm x 18.6mm x 11.75mm |
| Weight | 34g |
| Connection | USB-C and Bluetooth |
| Security | Secure Element (CC EAL5+) |
| Operating System | BOLOS |
| Currency Support | 500 with Ledger Live and 5000 with 3rd party integration |
| Price | $149 |
| Screen Size | 128×64 pixels |
| Storage Space | 1.8 Mb |
| Battery | 100mAh |
| Bluetooth Range | Up to 10 meters |
| Device Compatibility | Windows, Mac, Linux, iOS, Android |
| Two Factor Authentication (U2F) | Yes |
| NFTs Management | Yes |
| DeFi Functionality | Yes |
| Metamask Integration | Yes |
| Colors | Onyx Black, Blazing Orange, Cosmic Purple |
So, What is Ledger Nano X? It is a crypto wallet that looks like a USB thumb drive. A cold storage device that helps you store your cryptocurrencies securely.
It’s got more space for coins than the previous version, the Ledger Nano S Plus. You can manage it from your mobile device via Bluetooth. It has a built-in battery which is pretty cool.
The accompanying Ledger Live app lets you buy, exchange and lend crypto. It’s a bit expensive though so if you’re not planning on holding crypto for the long term, you might want to consider the cheaper Ledger Nano S Plus ($79) instead.
Key Features of Ledger Nano X
- Ledger Nano X is a device that stores and manages over 5,500 cryptocurrencies offline
- Connect to your phone or tablet with Bluetooth for easy access
- Nano X can hold up to 100 different crypto apps at the same time for variety and flexibility
- It has a large HD screen that shows the full address of the receiver
- A rechargeable battery that lasts long
- It can buy, sell, trade, or stake crypto with Ledger Live and other partners
Read: Ledger Nano X vs S Plus vs Stax
Pros and Cons of Nano X
| Pros | Cons |
|---|---|
| Hardware wallet with offline storage for increased security | Relatively expensive |
| Small and portable | A limited number of supported cryptocurrencies |
| Built-in screen for verifying transactions and checking balance | Requires physical connection to a computer to set up and manage |
| Bluetooth functionality for managing a wallet on a phone or other device | Bluetooth connection can be vulnerable to hacking |
| The secure chip stores private keys and prevents them from being accessed by others | If lost or damaged, may not be able to access cryptocurrency without a backup |
| Multiple authentication methods (PIN code and passphrase) for added protection |
What’s in the Box!
- 1 hardware wallet
- 1 USB-C to USB-A cable
- 1 getting started leaflet
- 3 recovery sheets
- 1 keychain strap
Ledger Nano X: Key Specifications
| Operating System | Bolos |
|---|---|
| Item Weight | 1.2 ounces |
| Product Dimensions | 2.83 x 0.73 x 0.46 inches |
| Item Dimensions LxWxH | 2.83 x 0.73 x 0.46 inches |
| Color | Black |
| Power Source | AC & Battery |
| Voltage | 3.7 Volts |
| Batteries | 1 Lithium Ion battery is required. (included) |
Security Review
The certified secure chip (CC EAL5+) is a security feature of the Ledger Nano X cryptocurrency hardware wallet.
It is a microcontroller that is specifically designed to provide a high level of security for the storage and handling of sensitive information, such as cryptographic keys and passwords.
EAL stands for “Evaluation Assurance Level,” and it is a measure of the security level of a hardware device.
EAL5+ is the highest level of assurance, indicating that the device has undergone a rigorous evaluation process and meets the highest standards for security.
The certified secure chip in the Ledger Nano X provides several key security features:
- It is physically isolated from the rest of the device, which helps to prevent tampering and protects against attacks that try to access the sensitive information stored on the chip.
- It is designed to resist physical attacks, such as tampering, probing, and voltage glitching, which could be used to extract sensitive information from the chip.
- It uses advanced cryptographic techniques to protect the sensitive information stored on the chip, such as keys and passwords, from being accessed by unauthorized parties.
Connectivity Review
The Ledger Nano X has two main connectivity options: Bluetooth and USB-C.
It can connect to other devices, such as smartphones or tablets, using Bluetooth. This allows users to manage their cryptocurrency assets from their mobile devices, making them more convenient and portable.
The wallet also has a USB-C port, which means that it can be connected to a computer or other device using a USB-C cable.
Read: Ledger Stax Review
Compatibility Review
It is compatible with 64-bit desktop computers running Windows 8.1+, macOS 10.14+, and Linux, but it is not compatible with ARM processors or Chromebooks. It is also compatible with smartphones running iOS 13+ or Android 7+.
In order to use the Ledger Nano X, users must connect it to a computer via USB in order to access the Ledger Live App, which is the software used to manage the device.
It is not suitable for mining, meaning it cannot be used to process transactions and create new blocks on a blockchain.
Firmware updates for the Ledger Nano X also require the device to be connected to a computer via USB.
These updates are important to keep the device running smoothly and to ensure that it is protected against any potential security vulnerabilities.
Supported Cryptocurrencies and Assets
One of the key features of the Ledger Nano X is its large capacity. You can install up to 100 apps on the wallet at the same time, including popular cryptocurrencies like Bitcoin and Ethereum, as well as more than 5,500 different tokens.
This means you can store and manage a wide range of digital assets all in one place, making it a convenient and secure option for cryptocurrency enthusiasts.
It also supports the storage of Non-fungible-tokens (NFTs) and staking through third-party apps.
Display and Dimensions Review
The size of the Ledger Nano X is 72mm x 18.6mm x 11.75mm, which means it is relatively small and compact. This makes it easy to carry around and keep with you, whether you are at home or on the go.
The dimensions of the device are not much larger than a standard credit card, so it can easily fit into a wallet or purse.
The weight of the hardware is 34g, which is very light. This makes it easy to carry around and handle, and it is not a burden to have with you all the time.
The device is made of durable materials, so it can withstand some wear and tear, but it is not so heavy that it would be cumbersome to carry around.
Value For Money (Price Review)
Ledger Nano X Costs $149 and is considered to be a good value for money due to its strong security features and versatility.
The device is a high-quality hardware wallet that offers good value for money. It is secure, versatile, and convenient, making it an excellent choice for anyone looking to manage their cryptocurrency assets.
Read Comparison: Trezor Model T vs Ledger Nano X
How to Use Ledger Nano X?
To Use Ledger Nano X, follow these steps:
- Download and install Ledger Live app from https://www.ledger.com/ledger-live/download
- Open the Ledger Live app and click “Get Started”
- Select “Set up a new device” and choose “Ledger Nano X”
- Connect your Ledger Nano X to your computer or mobile device using the cable
- Press both buttons on the device to start and choose “Set up as new device”
- Create a 4 to 8-digit PIN code and confirm it twice
- Write down the 24-word recovery phrase on the recovery card and confirm it on the device
- Perform a genuine check to verify your device’s authenticity
- Install the crypto apps you want to use on your device using Ledger Live app
Related: How to set up Ledger Nano X
Ledger Nano X vs S Plus
| Feature | Ledger S Plus | Ledger Nano X |
|---|---|---|
| Display | OLED | OLED |
| Connectivity | USB | Bluetooth or USB |
| Cryptocurrencies supported | Over 5,500 | Over 5,500 |
| Maximum number of apps | 100+ | 100+ |
| Firmware update | Via USB connection | Via USB |
| Recovery phrase | 24 words | 24 words |
| Built-in battery | No | Yes |
| Operating system | BOLOS | BOLOS |
| Dimensions (L x W x H) | 62.39 x 17.40 x 8.24mm | 72mm x 18.6mm x 11.75mm |
| Weight | 21g | 34g |
Ledger Nano X Alternatives and Comparison
SAFEPAL S1
- QR Code Transaction Signing
- Portable and Affordable
- No Bluetooth, No NFC, No Wifi, highly secure
- Unlimited Tokens on 54+ blockchains
ELLIPAL Titan
- 100% air-gapped cold wallet
- Easy Portable with a screen size of Just 4 inch
- Camera for QR Code scanning
- Supports 10,000+ crypto coins and 51 blockchains
Conclusion
In Ledger Nano X review conclusion, It is a reliable and secure crypto hardware wallet that is suitable for storing a wide range of cryptocurrencies.
It offers a number of convenient features, such as Bluetooth connectivity, a larger screen, and increased storage capacity, making it an excellent choice for both beginner and advanced cryptocurrency users.
However, it is worth noting that the Nano X does come with a higher price tag compared to some of its competitors. Overall, It is a well-respected and trusted option for storing and managing cryptocurrency assets.
Ledger Nano X
Summary
Ledger Nano X uses a SE chip to store your private keys offline, which helps to protect against hacking and other online threats. It also includes a “Ledger Recover” backup feature that allows you to recover your assets in the event that the device is lost or stolen.
Ledger Nano X: FAQs
Is Ledger Nano X secure?
The Ledger Nano X uses a secure element chip CC EAL5+ and provides multiple layers of security to protect your cryptocurrencies.
It also requires you to set up a unique PIN code and offers the option to set up a passphrase for additional protection.
Can I use the Ledger Nano X with my phone?
Yes, the Ledger Nano X has Bluetooth connectivity and can be used with both Android and iOS devices using the Ledger Live mobile app.
Is the Ledger Nano X compatible with all exchanges?
Yes, The Ledger Nano X is compatible with most cryptocurrency exchanges.
Still, it’s always a good idea to check with the exchange to make sure that it supports the Ledger Nano X before making a purchase.
Should I buy Ledger Nano X?
Yes, if you want to store your crypto offline, Ledge Nano X is a good buy. It is a device that keeps your crypto safe. It doesn’t store your private keys online but on the device itself. That way, hackers can’t get to it.
But a Ledger Nano X is not cheap. It costs more than some other wallets out there. And you may not need all its features. For example, if you don’t have a lot of crypto, or if you don’t use it often, you may be fine with a simpler wallet. Or if you don’t care much about security and privacy, you may prefer a free wallet that you can use online.
So, before you buy a Ledger Nano X, you should think about your needs and preferences. You should also compare it with other wallets, like the Ledger Nano S Plus (which is similar to the Nano X but cheaper and less convenient), or software wallets (which are free but less safe than hardware wallets).
