Overview of cryptocurrency wallet Ledger Nano X
Ledger Nano X is a new kind of cryptocurrency hardware wallet for smartphone use. Unlike the previous model Nano S Ledger, the new version received the support of standard Bluetooth connectivity, a larger screen, more internal storage space with the possibility of 100 different cryptocurrency wallets. If you are looking for crypto that will allow you to access your digital money on the go and keep a diverse portfolio in one place, a review of the Ledger Nano X will answer all your questions.
In this article we will consider to support multiple cryptocurrencies, design, ease of use Ledger Nano X security features and configuration.
A brief overview
Ledger Nano X is a new hardware wallet, which fixes the shortcomings of the Ledger Nano S. Here it is:
- Larger screen
- Improved navigation system
- Support Mobile Ledger is Live on Android and iOS
- Additional disk space with the ability to install up to 100 apps for different cryptocurrencies
- Battery with opportunity charging
Package Ledger Nano X includes the following:
- Hardware wallet
- USB cable
- User manual
- Three sheets to phrases recovery
- One strap
Ledger Nano X is a great purse for storing different cryptocurrencies. Supported more than 1,100 diverse digital assets. You can establish up to 100 different cryptocurrency wallets, such as:
- Ethereum and all tokens ERC-20
- Bitcoin Cash
- Binance Coin
- Zcash for
- Tether and many more
Many of the assets maintained in the Ledger Nano X are not supported in competing devices, such as KeepKey and best wallet.
Like its predecessor, the Ledger Nano X app with a well-filled purses. Later at any time you can restore.
In General, Ledger Nano X is a great hardware wallet to store and manage multiple cryptocurrencies in one place.
A current list of supported cryptocurrencies can always be seen in this overview of the purse.
Hardware production Ledger have a good reputation in terms of security. The new model is no exception and contains two built-in chip. One is responsible for the device’s operating system (STM32WB55), the other for private encrypted key and signature transactions (ST33J2M0).
This combination makes Ledger Nano X almost impregnable to hacking. The most important information is displayed on the screen of the device. The wallet runs on the operating system of BOLOS.
As Ledger’s Nano, the new model allows you to set a passphrase to prevent unauthorized access.
In contrast to the predecessor, the Ledger Nano X has received a new handy functions that increase the probability of failure. Bluetooth and advanced memory theoretically increase the probability of access to the device hackers and advanced malware. However, this is unlikely if the user is careful. The Foundation of digital security is data encryption. Even if the Bluetooth connection is compromised, hackers can intercept encrypted data.
The result Ledger Nano X is a robust wallet for cold storage of crypto-currencies.
Design and usability
In size and appearance, the Ledger Nano X resembles the earlier model. The device is slightly heavier and the screen is wider, but both models are relatively compact and can easily fit in the palm of your hand. Visible change are the navigation buttons. They are located in the circle next to the screen. Despite the new location, the principle of operation remained unchanged. Using these buttons to navigate the menu. Simultaneous pressing of two buttons means confirmation or enter.
Another design improvement is the increased screen. Now here fits the full address of the wallet, so no need to scroll the image.
As for convenience, the most important change brought to the standard Bluetooth connection. It allows you to use a wallet and manage assets using mobile. Although you can still connect to the computer via USB cable-C, mobile applications Ledger Live for Android and iOS make the connection much easier. Now you can transfer assets out of your wallet or purse without the need to access the computer.
In addition to using Ledger Live on the computer, the USB-C cable is needed for charging the device. Part of it, the battery allows the wallet to work, wherever you may be.
Judging by the changes in the Ledger Nano X, the developers have listened to the opinion of buyers. That’s why it turned out one of the best devices, cold storage of crypto-currencies.
Ledger Nano X is one of the best options for owners of cryptocurrencies, which have a single device for storage of different cryptocurrencies with a high level of security and the ability to trade on the go. On the other hand, a new wallet is twice as expensive compared to Ledger Nano S. the Latter remains a good buy for those who stores and sells less than three different cryptocurrencies. There could be more if most of them use tokens ERC-20.
Conclusion: whether Ledger Nano X attention?
Ledger Nano X is a new generation of hardware of cryptocurrency wallets. The device is superior to older generations, but is more expensive. This is the best choice for those who have bitcoins and various altcoins. Experience is the strength of the wallet, because here are the advanced hardware components.
How to configure the Ledger Nano X
The following is a step by step guide on setting up and configuring the device Ledger Nano X.