The Ledger Nano X is one of the flagship crypto wallets from Ledger, the French specialist in cryptocurrency security. This model has convinced millions of people around the world thanks to its ease of use. Is the Ledger Nano X true to its reputation? What are the technical characteristics that make it one of the best wallets on the market? Discover our full review of the Ledger Nano X.
What is the Ledger Nano X?
The Ledger Nano X is a physical wallet (also called hardware wallet or cold wallet) dedicated to securing cryptocurrencies..
Designed for crypto holders, This wallet in the shape of a USB key guarantees the security of cryptocurrencies stored on his device.
Ledger: the best solution to protect your cryptocurrencies 🔒
The Ledger Nano X protects users' cryptocurrencies from cyberattacks that plague the blockchain industry, such as hacks.
It also allows you to be the sole holder of your private keys, the central element for maintaining full control of your cryptos.
Marketed by the French company Ledger, The Ledger Nano X is one of the wallets most used in the world due to its reliability, robustness and flexibilityThis is evidenced by its integrated Bluetooth compatibility allowing mobile use of cryptocurrencies on smartphones and computers via the Ledger Live application.
In addition, the conservation of cryptos is ensured by the generation of an eight-word recovery phrase. Composed of 24 words, this recovery phrase represents the access key to your wallet: if the Ledger Nano X becomes unusable, the cryptos it secures can be recovered using these words.
💡 Need to know more before going further? Discover how a cold wallet like the Ledger Nano X works
The Ledger Nano X can be used in conjunction with a hot wallet like MetaMask or Rabby Wallet, to protect crypto from multiple blockchain addresses at once.
In total, Over 5,000 cryptocurrencies are supported by the Ledger Nano Xincluding the most famous ones like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB (BNB) and Solana (SOL).
Its manufacturer Ledger is the world leader from the physical wallet sector for cryptocurrenciesA French unicorn with several hundred employees, it is recognized for its expertise and the reliability of its wallets.
Ledger: the best solution to protect your cryptocurrencies 🔒
Our opinion on the Ledger Nano X crypto wallet
Included in a range of wallets sold 6 million copies across 180 different countries, The Ledger Nano X is establishing itself as a highly appreciated solution for cryptocurrency holders. It is an indispensable tool that protects not only from hacks, but also from the failures of centralized platforms.
For example, 2022 was marked by the bankruptcy of the FTX exchange, a shocking event Or Investors lost billions of dollars in crypto.
On the contrary, if Ledger were to declare bankruptcy, the funds of its wallet holders would still be accessible because the company has no control over them. This is due to the eight-closed generation of the recovery phrase for each Ledger Nano X, where only the end user has access to their cryptos.
Beyond the security provided by its technology, The Ledger Nano X wallet comes with a suite of tools to simplify investors' lives through Ledger Live. On this all-in-one application, it is possible to:
- monitor your crypto portfolio in real time;
- buy, sell and exchange cryptocurrencies;
- grow your cryptos through staking;
- or even manage its different blockchain addresses.
One of the main advantages of the Ledger Nano X is its mobile use, characterized by an autonomy of 3 to 4 hours of use.. Knowing that validating a secure crypto transaction takes less than a minute on the Ledger Nano X, its battery ensures a longevity of several days or even several weeks if the wallet is turned off after use. Its sleep mode extends its usage time to 8 consecutive hours.
The Ledger Nano X differs from the Nano S Plus, which requires a cable connection via a computer or Android smartphone to power on. The flexibility provided by the Ledger Nano X's Bluetooth connectivity offers the ability to interact with decentralized finance (DeFi), use Web3 games, and make cryptocurrency payments anywhere in the world, as long as the connected device maintains its internet connection.
Since 2023, the Ledger Nano X can be accompanied by an additional safety net. This paid service, called Ledger Recover, consists of guarantee the recovery phrase to cryptocurrency holders in the event of lossThe 24 words that compose it are then stored on Ledger Live and linked to the biometric data of its holder, as well as to an identity document.
In other words, the Ledger Nano X is a gateway to a more secure use of cryptocurrencies and blockchain. Although its price of €149 may discourage beginners in the field, this product remains an excellent compromise to guarantee the integrity of the cryptos under management. The amount of services offered by the Ledger Nano X makes it, in our opinion, one of the most qualitative hardware on the market..
Our opinion on the Ledger Nano X in 2024 :
4.3/5
Pros and Cons of the Ledger Nano X
| 🟢 Advantages of Ledger Nano X | 🔴 Disadvantages of Ledger Nano X |
| Maximum security of your cryptocurrencies | Very small screen and less practical than that of the Ledger Stax and Flex |
| Portable anywhere and Bluetooth connectivity | Tedious navigation with the 2 physical buttons |
| Multi-device connection to the Ledger Live application | Limited to 100 apps and 2MB storage |
| More affordable price than Ledger Stax and Flex | / |
Although many merchants offer new Ledger Nano X, the best option is to buy it from the official Ledger website.
Ledger: the best solution to protect your cryptocurrencies 🔒
By purchasing a Nano X wallet directly from Ledger, you ensure that your product has not been corrupted by a previous user.
To purchase a Nano X wallet, you simply need to:
- to go to the official Ledger website;
- to add the Ledger Nano X to the cart;
- to provide your personal data and your delivery address;
- to choose your payment method: bank card, PayPal or Crypto.com if you wish to pay in cryptos;
- And that's it! You will receive your Ledger Nano X within 2-3 business days.
Note that other online and physical stores sell Ledger products. These include the Fnac Darty group, the giant Amazon and the e-commerce Rakuten.
Pay attention to the first start
Ledger: the best solution to protect your cryptocurrencies 🔒
FAQ: Frequently Asked Questions about the Ledger Nano X
✅ What are the differences between the Ledger Nano X and the Ledger Nano S Plus?
An inferior model to the Ledger Nano X, the Ledger Nano S Plus is aimed at a clientele less involved in the field of cryptocurrencies. Unlike its counterpart, it does not have Bluetooth and its wired connection is only possible with Android phones. In addition, its storage space is limited to 1.5 MB, which reduces the number of different cryptocurrencies to keep.
✅ What do I risk if I lose my recovery phrase?
If a Ledger wallet holder loses their recovery phrase, all of their cryptocurrencies and NFTs are permanently lost. One of the main ways to combat this risk is prevention, by subscribing to a recovery service for these 24 words like Ledger Recover.
✅ What devices is Ledger Live available on?
For the Ledger Nano X, the Ledger Live app is available on iOS and Android phones, as well as Windows, Linux, and macOS operating systems.
✅ How much crypto can I store there?
In theory, the Ledger Nano X supports over 5,000 different cryptocurrencies. However, in order to secure them, it is necessary to download applications via Ledger Live. Each of them has a different weight. Since the storage capacity of the Ledger Nano X is limited to 2 MB, the number of applications that can be downloaded is limited to 100 according to the manufacturer.
✅ How do I charge the battery of my Ledger Nano X?
The wallet comes with a USB-C cable. Simply plug it into a computer to recharge its battery.
✅ What are the differences between the Ledger Nano X and the Stax and Flex models?
Beyond a different format, the Ledger Stax and Flex are much more pleasant to use with a touch screen and much larger, where the manipulation of the Ledger Nano X is quite tedious via its 2 physical buttons. Nevertheless, the Ledger Nano X remains much less expensive than the Stax and Flex models.
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Always enthusiastic about new technologies, I gradually got closer to Web3-related activities during 2021. Over time, I wanted to contribute. That's when I became a writer, with the aim of explaining topics related to cryptocurrencies to as many people as possible.
Timothy Bourbotte
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