Now the time has finally come: The new Hardware Wallet Ledger Nano X is finally being delivered. After initial delivery difficulties, the new top model is now available. But: What are the differences between Ledger Nano X and Ledger Nano S?
CoinPro.ch has already provided frequent information about the basic benefits of hardware wallets and their advantages over storage in crypto exchanges or so-called hot wallets (wallets that are connected to the Internet). But is the new Ledger Nano X worth it compared to the long-running Ledger Nano S?
The Bestseller Ledger Nano S
The fact that the first wallet from Ledger is a bestseller has already been shown. Now the French manufacturer has launched a new model. But as usual, the new model will also be a little more expensive, but it offers some advantages and further developments that can be worthwhile for many crypto owners.
- Security: Ledger uses a separate security chip for its wallets. This technology is also used in other particularly protected products such as bank cards or passports. For example, the Nano S was awarded an official security certificate by the French cybersecurity authority ANSSI. The Ledger Nano X is also in the certification process for this certificate. So there are no differences here.
- User-friendliness: There is no doubt that this is the biggest difference. Here, the Ledger Nano X sets new standards. The wallet offers a Bluetooth chip via which the Nano X can communicate with smartphones and computers. The highlight: Since the wallet requires the user to check and physically confirm each transaction (via smartphone, for example), it is still very secure. The increasingly widespread biometric methods of smartphones (fingerprint or face recognition) can also be used. The Bluetooth technology greatly simplifies handling and also makes it possible to use it on the go without any problems.
- Memory: The Ledger Nano X also differs from its predecessor in this respect. Up to 100 different cryptocurrencies can be managed in parallel on the hardware wallet. In principle, Ledger currently supports almost 1200 different cryptocurrencies, which is about 100 more than Trezor.
Differences between Ledger Nano X and Ledger Nano S: Conclusion
Basically, it is said that a hardware wallet is worthwhile if the value of the cryptocurrencies is two to three times the price of a wallet (a quick look at the prices of the most important cryptocurrencies is necessary?).
The biggest differences lie in the memory. The Nano S can accommodate around 20 of the so-called apps. The Nano X has over 100. The Nano X also differs with the Bluetooth function. It integrates Bluetooth communication, so that it can be used wirelessly via smartphones or tablets thanks to the Ledger Live Mobile App. In terms of security, both Ledgers offer the same high standard.
With the combination of the larger memory and the new user-friendliness that the Ledger Nano X Wallet offers, there are many reasons to choose the new model. However, the manufacturer is also calling for a higher price. Since the security technologies are comparable (good) for both models, you can still rely on the Ledger Nano S.
To the Ledger Nano X
Another candidate: To the Review of the Trezor One Wallet