Ledger Nano X

Written By
Deniz Saat
Reviewed By
Ari Ramdial

Searching for the best hardware wallet for your Bitcoin? Look no further than the Ledger Nano X, the latest offering from Ledger. Here is a brief review of its features, security aspects, and supported currencies.

Overview

Compact and easy to carry with an HD display screen.

End-to-end encrypted Bluetooth connection.

Supports more than 1000 coins and digital tokens.

Overall Rating
  • Features
  • Ease of Use
  • Security

Jump to Section

Who are they?FeaturesCurrencies SupportedHow does it work?Is it Safe?ProsConsFAQ

Who are they?

Ledger is one of the biggest hardware wallet companies in the world. The company was founded in 2014. Today it is a leader in cryptocurrency security solutions. The Ledger Nano X is a premium version of their popular wallet Ledger Nano S. Although both models look alike, the Nano X version is refined in terms of features and specifications. One of the key differences between the two is that the Ledger Nano X can be paired with your smartphone or laptop using Bluetooth. It has multiple security features and it is a better option for storing your cryptocurrency. The device is compact and resembles a slightly larger USB with two buttons and a screen. It has a smooth, stainless steel finish and is a little bigger than the Ledger Nano S.


The Ledger Nano X package contains:

  • The Device
  • A USB cable
  • Instruction leaflet
  • Three recovery seed sheets
  • A keychain

Features

  • High-level protection as your private key is stored in a certified secure chip.
  • Compact portable device.
  • Uses end-to-end encrypted Bluetooth protocol.
  • Supports more than 1000 coins and tokens.
  • It can install up to 100 apps, unlike the Nano S.
  • High-resolution display screen.
  • The Ledger Live app enables you to view what is stored in the wallet, even when your device is not connected to your smartphone.

Supported Currencies

The Ledger Nano X supports more than 1000 coins and tokens. Here is a list of the top coins that Ledger supports:

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Bitcoin Gold (BTG)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Stellar (XLM)
  • Ripple (XRP)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • Zcash (ZEC)
  • Dash (DASH)

How does it work?

Here is a step-by-step guide to set up the Ledger Nano X:

  • Plug your Nano X into your computer. Use the USB cable or connect the device via Bluetooth.
  • Download the Ledger Live app.
  • Once the app opens, select your Ledger Nano X device.
  • For the initial set up, select “Initialize as a new device.”
  • Create a PIN Code following the steps shown on the app.
  • Your device will show a 24-word recovery seed.
  • Follow the instructions on the app to copy, confirm, and validate the recovery seed.
  • After you write down and confirm all 24 seed words, your device is ready to use.
  • You can also pair your Nano X with your smartphone via Bluetooth.


How to add cryptocurrencies to your Ledger Nano X?

  • Go to “Manager” and then tap on the “blue” install button for the coins you want to add.
  • For every coin you want to add, you need to install the appropriate coin app. For example, the Bitcoin app must be installed to create a Bitcoin wallet.
  • After the installation, open your Bitcoin app.
  • Create a Bitcoin account and start receiving and sending funds.
  • You may do the same process for other cryptocurrencies .
  • You can now transfer funds from another wallet or buy coins from an exchange in order to start using the wallet.

Is 

Ledger Nano X

 safe? 

Ledger wallets are renowned for their security features. They offer the CC EAL5+ Security Certification. All their hardware wallets, including the Nano X, are fully-certified by ANSSI, a French cybersecurity agency.

The Ledger Nano X does not arrive with pre-installed software. You can install the software during the initial set-up process and install the Ledger Live app during setup. A PIN protects the device, and the security keys are safe in a certified secure chip. The Ledger Nano X uses a state-of-the-art Bluetooth protocol. The protocol ensures authentication by using pairing, and confidentiality is guaranteed using AES-based encryption.

Pros of 

Ledger Nano X

  • End-to-end encrypted Bluetooth connection.
  • Supports over 1000 cryptocurrencies and more than 100 apps.
  • Two on-device buttons offer easy transaction validation and simplified navigation.
  • You can restore your Nano X wallet using the 24-word recovery phraseseed.
  • The Ledger Live app allows real-time crypto data tracking and app installation.
  • Compatible with all Ledger hardware wallets.

Cons of 

Ledger Nano X

  • Complex user interface.
  • Premium price as compared to the Nano S.
  • Battery is not replaceable.
  • Weighs more than the Ledger Nano S.

FAQ

1. What should I do if I lose the recovery seed?

The recovery seed provides access to your private keys. If you lose the sheet holding the seed phrase, you need to transfer all funds from your wallet to some temporary storage. You can use a mobile or desktop wallet. Once your funds are safe, enter a wrong PIN code three times and reset your device to factory settings. You can now go to Ledger Live and set it up as a new device. Copy the new recovery seed and keep it safe. You can transfer your funds back to the wallet.

2. What is the battery life of the Ledger Nano X? Is it rechargeable?

The Ledger Nano X comes with a 100mAh battery. You can recharge the battery by connecting the wallet to your desktop or laptop using the USB cable. The battery lasts up to five years but is not replaceable.

3. Can you transfer crypto from the Ledger Nano S to Ledger Nano X?

Yes, you can use your Ledger Nano S device’s 24-word recovery seed to transfer your holdings to the new Nano X. You can also set up the Nano X as a new device and send your funds to it using the Ledger Live app.

4. Can I deactivate the Bluetooth on the Ledger Nano X device?

You can turn the Bluetooth off if you prefer to connect your device to a PC using the provided USB cable. By holding both buttons on the device simultaneously, you can access the Control Center, and turn Bluetooth off.

5. Is the Ledger Nano X safe?

The Nano X is even more secure than the Nano S. Ledger guarantees that the Bluetooth feature does not expose the Ledger Nano X to any security issues. The private keys are safe on the secure chip, and the Bluetooth connection is end-to-end encrypted to protect your privacy.

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WRITTEN BY
Deniz Saat
Deniz Saat is an IT services specialist and technical writer.
REVIEWED BY
Ari Ramdial
CEO of Rhodium Labs

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