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In terms of security, the Ledger Nano X meets the same high standards as its predecessor, the Nano S. However, Ledger has come up with several improvements to surpass the Nano S: the app storage is larger, as is the display.
Thanks to Bluetooth and an integrated battery, the Nano X is also significantly more mobile. With the associated Ledger Live app, payments can now be made on the go via smartphone.
But how does the Ledger Nano X perform in our review and is the hardware wallet still worth it today? More details about the wallet can be found in the following review.
Ledger Nano X: The Essentials at a Glance
- More than 5,500 coins and tokens are supported
- Up to 100 apps can be installed simultaneously
- Bluetooth and integrated battery enable mobile use
- High security standards through Secure Element chip
- Compatible with Windows, macOS, Linux, Android, and iOS
Ledger Nano X: First Impression
It looks like a high-quality USB stick, but can do much more. The Ledger Nano X looks modern and well-built.
Visually, it has changed somewhat compared to its proven predecessor, the Nano S. It looks more modern, the screen is slightly larger, and the control via two buttons remains the same, but now located to the right and left of the display.
Included in the delivery are:
- Hardware Wallet
- Keychain
- USB-C cable
- Quick start guide
- Recovery sheet for noting the seed
The Nano X is compatible with all common PC and smartphone operating systems. Windows, macOS, Linux, Chrome OS, Android, or iOS are no problem.
The device contains a Bluetooth chip for the first time, which allows the wallet to be connected to other devices.
There, the coins are managed, sent, and received via the Ledger Live app. The app also provides an overview of the stored coins, the balance, and its development.
Up to 100 different cryptocurrencies can be managed simultaneously per device. In total, Ledger now supports more than 5,500 coins and tokens.
Especially for users who want to manage their cryptocurrencies frequently on the go, the Ledger Nano X offers a major advantage over traditional hardware wallets.
At our partner BitConsult, the official Ledger distributor for Switzerland, you can order the Nano X.
What About Security with the Ledger Nano X?
The security of a hardware wallet is the top priority. The Ledger Nano S Plus already convinced across the board in this aspect, and the Nano X is in no way inferior to its predecessor.
The hardware is secured by a PIN, and the Ledger Live user interface can also be additionally protected with a password.
No sensitive data is transmitted via the Bluetooth connection, and every transaction must still be reviewed and confirmed by the user.
Those who still prefer to use a cable can simply deactivate Bluetooth via the settings.
Private keys, which provide access to the stored cryptocurrencies, are stored in isolation in the Secure Element. This is a security chip integrated into the wallet, similar to the technology used in credit cards, for example.
Important to know: These private keys are never transferred to the app via Bluetooth or cable, but remain on the device at all times.
As a result, hardware wallets like the Ledger Nano X are considered significantly more secure than traditional software wallets.
Guide: Setting Up the Ledger Nano X
The device is turned on by holding the left button for about three seconds.
You will now be prompted to download the Ledger Live software, which also guides you through the configuration of the hardware wallet.
The setup itself takes place in four steps:
- First, select whether the device is being configured for the first time or whether data from a backup of another wallet should be imported. The latter is more convenient, but only works if a wallet already exists.
- Then set a PIN code with 4 to 8 characters and enter it using the two buttons. This code is requested every time the device is turned on. As a rule: the more characters the PIN has, the more secure it is.
- Now the recovery seed is displayed once, consisting of 24 words. They must be noted on the included card and kept safe. Important: The recovery seed is the only backup and thus the only way to access the coins, for example if the hardware wallet is lost.
- To ensure that the seed has been noted correctly, each of the 24 words must now be selected from a list and confirmed.
Now the hardware is ready for use and can be unlocked with the chosen PIN code.
Some security questions still need to be answered via the software. This is another step to ensure that the setup process was carried out correctly.
Now you can connect the Nano X to a device. On a computer via USB cable, on a smartphone or tablet via Bluetooth.
For additional security, the software should also be protected with a password. Depending on the device, this even works conveniently via fingerprint or facial recognition.
Advantages and Disadvantages of the Ledger Nano X
Below we summarize the advantages and disadvantages of the Ledger Nano X. The major disadvantage of the Ledger Nano X wallet compared to the Ledger Nano S Plus is strictly speaking only the significantly higher price.
| Advantages | Disadvantages |
|---|---|
| Bluetooth function for mobile use | More expensive than the Ledger Nano S Plus |
| Integrated battery | Bluetooth unnecessary for some users |
| Up to 100 apps simultaneously | |
| More than 5,500 supported coins and tokens | |
| High security standards | |
| Compatible with smartphone and desktop |
Who Is the Ledger Nano X Suitable For?
The Ledger Nano X is particularly suitable for users who want to manage their cryptocurrencies regularly on the go.
The hardware wallet also offers clear advantages for active traders, DeFi users, or investors with frequent smartphone use.
Those who work exclusively at home on a computer and can do without Bluetooth will often find the cheaper alternative in the Ledger Nano S Plus.
Conclusion: What the Ledger Nano X Can Do
As a hardware wallet, the Ledger Nano X offers particularly strong protection against attacks. Cryptocurrencies can be stored securely and managed easily there.
The larger app storage as well as the ability to manage up to 100 apps in parallel should appeal to many users. However, the most convincing features remain the battery and Bluetooth.
For the first time, transactions can be carried out comfortably on the go and directly on the smartphone without becoming vulnerable to attacks.
For the undecided, the rule of thumb is: investing in a hardware wallet is particularly worthwhile when the value of the stored coins is significantly higher than the price of the wallet.
Frequently Asked Questions About the Ledger Nano X
- Can you use the Ledger Nano X with a smartphone?
Yes. That’s exactly what the Bluetooth function was developed for. The Ledger Nano X can be used seamlessly with Android and iPhone.
- How many cryptocurrencies does the Ledger Nano X support?
The Ledger Nano X now supports more than 5,500 coins and tokens.
- Is Bluetooth on the Ledger Nano X secure?
Yes. No private keys are transmitted via Bluetooth. Each transaction must also be confirmed directly on the device.
