Security is priority number one for crypto investors. No matter how little or how much crypto you own. The price you can pay for sovereignty can be huge if you don’t take the necessary steps to secure your funds. Keeping your crypto safe should be at the forefront of your mind. Leaving your coins on a crypto exchange is easier, but it’s not safer. It’s recommended every crypto investor uses a cold wallet, otherwise known as a hardware wallet, to keep your crypto safe.
What is Ledger?
Ledger is a hardware wallet company launched in France in 2014 by a team of eight professionals with expert backgrounds in internet security, cryptocurrencies, and business. The vision for the company is to create secure solutions for blockchain applications and that’s exactly what they have delivered. Ledger has grown to employ over 800 people worldwide and has sold over 5M wallets to over 200 countries. As of 2023, Ledger has three hardware wallets to choose from: the Ledger Nano S Plus (entry-level), the Nano X (flagship model), and the soon-to-be-launched Ledger Stax (designed by the iPod creator)—available on pre-order and launching in March 2023. All Ledger devices are compatible with Apple, Android, and Windows PCs and can be set up and managed through the Ledger Live app.
Best Crypto Wallet To Keep Your Assets Safe
Ledger Nano X: Quick Glance
The Ledger Nano X is a hardware wallet that allows crypto holders to take complete ownership of their coins via their private key. Hardware wallets are simple devices that are never connected to the internet, meaning your private keys are kept offline in “cold” storage. This stops anyone from remotely accessing your crypto.
The Nano X resembles a USB drive, designed with brushed stainless steel and black plastic. The device opens with a switchblade swivel and features a small LED screen that allows you to buy, sell, send, receive, and swap cryptocurrencies. It’s sleek, sexy, and compact.
The table below provides an overview of the Ledger Nano X:
| NANO X | |
| Access | International shipping is available, and all orders are shipped from the Ledger warehouse in Viezon, France (shipping excludes some countries either internationally sanctioned or with restrictive regulations) USB-C iOS and Android MacOS and Windows |
| Ease of use and Setup | Design: Simple with 2 buttons and 1 screen Compatibility: Works with desktop, Android, and iOS Box contents: 1 hardware wallet, 1 USB-C to USB-A cable, 1 getting started leaflet, 3 recovery sheets, 1 keychain strap Getting started: Install the Ledger Live app, connect the wallet to your device using the cable, create a PIN code, note down your seed phrase, and add blockchain networks. You’re then ready to move your coins Updates: Firmware updates require the Nano X to be connected to a computer via USB |
| Features | Buy, sell, send, receive, and swap cryptocurrencies Available in multiple colors Storage for up to 100 cryptocurrency apps Staking NFT support for Ethereum and Polygon (Ledger Live app) Multi-chain NFT support (third-party apps) 2-year warranty (orders via Ledger website) Built-in battery Bluetooth connectivity |
| Supported Coins | Over 500 cryptocurrencies (directly via Ledger Live app) Over 5,000 cryptocurrencies (via third-party apps) |
| Price | $149 |
| Security | Closed-source technology PIN protection 24-word Secret Recovery… |
Rebecca is an investor and writer based in the UK. She specializes in breaking the news into bite size pieces and simplifying investing topics. You will find her on Twitter and Instagram providing investing education.
