Ledger Nano X Review 2019
The hardware wallet Ledger Nano X is the latest hardware wallet from Ledger. It was officially announced in early 2019 and can already be pre-ordered for a price of 119,00 € (click here to check the current price). Compared to its forerunner model Nano S, this now has bluetooth and a built-in battery for mobile use via smartphone. There is also more space for apps.
Like Ledger’s other hardware wallets, the Ledger Nano X offers state-of-the-art security: the private keys are securely isolated inside the device’s certified security element (CC EAL5+), the same chip used in high-security applications such as credit cards and passports.
The bluetooth connection is only used as a transport layer for public information and therefore does not represent a point of attack. The secret keys or seed never leave the secure element. Even if the bluetooth connection is hacked, the security of the Ledger Nano X relies on the secure element, which will seek approval for any action.
Use Ledger Nano X on the go
The Ledger Nano X is bluetooth-capable and mobile thanks to the built-in battery. The hardware wallet is connected to the smartphone and then managed through the Ledger Live mobile app. With the app, it will be possible to display the real-time balance of all the crypto assets, no matter where you are, either with a computer or smartphone (via bluetooth), even if the device is not connected right now.
The app also has a simple, step-by-step process that helps you easily manage transactions while keeping an eye on the cryptocurrencies at all times.
Easy Backup of the Hardware Wallet
As you’re used to, the Ledger Nano X is also protected by a 24-word recovery phrase. This means that the crypto assets remain safe even if you lose the device. To do this, you simply use the backup created during the device’s initialization to restore the accounts on any ledger device.
Support for various Cryptocurrencies and Tools
The Ledger Nano X can store up to 100 applications at a time, including Bitcoin, Ethereum, XRP and many more. That’s another advance from the Ledger Nano S model. As a result, it is possible to manage all assets on the same device and at the same time, the storage will no longer run out. All supported cryptocurrencies can be found here: Ledger Nano X cryptocurrencies.
The Ledger Nano X was designed as intuitively as possible again: 2 buttons, 1 screen, which is all you need to control the device. Transactions are made from a smartphone or computer with the already well-known Ledger Live PC application and also via new mobile apps.
CES-the world’s largest annual technology fair-honours products that stand out from others. The CES Innovation Honoree Awards are presented to products or technologies that are above a certain standard in this category. In 2018, this award was only awarded to 31 products, while there had been over 4400 exhibitions at CES this year.
Ledger has received the hardware wallet CES Innovation Honoree Award in the Cybersecurity and Personal Privacy product category for its Hardware Wallet, underscoring the innovative power it brings to the hardware wallet market. It combines the security of secure elements and the custom operating system with the ease of use and flexibility that bluetooth and more storage space provides.
More information and latest news can be found on the Ledger Nano X product page.
|Platform||Windows, Linux, Mac, Android, Chrome OS, iOS|
|Cryptocurrencies||Bitcoin, Monero, Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stratis, Ripple, Komodo, Bitcoin Cash, Ethereum Classic, ERC-20 Tokens, PoSW, ARK, Expanse, PivX, Vertcoin, Viacoin, NEO, Bitcoin Gold, Stellar, Hcash, DigiByte, Qtum, Bitcoin Private, ZenCash, Nano, Nimiq, Peercoin, Zcoin, Tron, Ontology, Hycon, Pirl, Akroma, Vechain, Icon, Stealth, Woleet, Wanchain, Kowala, Particl, Rootstock, Waves, Rise, FIC Network, EOS, POA network, IOTA, Lisk, Musicoin, Factom, Gamecredits, MIX, ethergem|
|Compatibility||Mycelium, MyEtherWallet, FIDO/U2F, Bitstamp, SSH Agent, Password Generator, OTP|
|Supported Coins||56 Coins|
|FIDO U2F Authenticator|
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