In this article, consists of the Ledger Nano X review. So, you will learn Ledger Nano X product features, pros and cons, how to set up the Ledger Nano X device, and the alternatives for the Ledger Nano X device. Finally, you will be able to decide whether to buy a new device or watch other devices. So, Let’s get started the right way,
Ledger Nano X review – Company Overview
Ledger Nano X is designed and developed by the Ledger company. The Ledger company founded back in 2014. The Ledger team consists of many tech experts and business experts and the Ledger company is operated in Paris, San Francisco, Vierzon.
Currently, the Ledger has developed two major cryptocurrency hardware wallets. Ledger Nano S introduced back in 2016 and Ledger Nano X is the latest cryptocurrency hardware wallet released in 2019.
Items in the Ledger Nanox X package
The Ledger Nano X package includes the following items,
1x Ledger Nano X hardware wallet
1x USB type C cable
1x keychain and Ledger stickers
1x Getting started leaflet
1x Use, Care, and Regulatory statement
3x Recovery sheet
Ledger Nano X review – product features
Let’s find out, What are product features of the Ledger Nano X,
Wireless connectivity
Ledger Nano X is a Bluetooth enabled device, so you can connect the Ledger Nano X to mobile phone via Bluetooth. Also, you can connect to the PC via USB type C cable.
Extensive device capacity
The device natively supports more than 100 coins or tokens, you can install up to 100 apps such as Bitcoin, Ethereum, etc on Ledger Nano X device.
Multiple currencies support
Ledger Nano X is supporting up to 100 major cryptocurrencies in natively. The Ledger device supports all most every blockchain standard tokens such as ERC 20 standard tokens, ERC 721 standard tokens, TRC 10, TRC 20, BEP 2, NEP 5 standard tokens.
Providing wallet backups
The Ledger Nano X is provided 24-word seed phrase for backup purposes, so you will use that seed for recovery purposes when your device is lost or upgrade to another device.
Ledger Live Desktop and mobile app
Ledger Live will help to manage all cryptocurrency transactions in one place using Ledger Nano X
Ease of use
There are only one-color screen and two buttons for all device operations so, it is very easy to use. Also, you view crypto balance within the device color screen without connecting PC or mobile phone.
Ledger Nano X supported coins and tokens
Currently, it supports over 1100 coins and tokens. You can handle ERC 20, ERC 721, TRC 20, TRC 10, BEP 2, and NEP 5 standard tokens.
Natively Ledger Live app supports up to 100 apps including top coins and tokens such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Tezos, Dash, Ethereum Classic. Doge, Zcash, Decred, Digibyte, etc.
Ledger Nano X Pros
Ledger Nano X Cons
How to setup Ledger Nano X
Before setting up the Ledger Nano X as a new device, you need the following things,
1. First, unbox the package, take out Ledger Nano X device, then press the button next to the USB port for 3 seconds. Next carefully read all the instructions.
2. Press the two buttons together when the word phrase “Setup as new device” on the Ledger Nano X device.
3. Next select pin code from 4 – 8 digits from the device screen, and write down it somewhere safe. You can change the pin digit pressing the right-side button, you can select the pin code pressing left side button. Next, you should reenter the pin code & confirm it.
4. Next, you should write down the recovery key generated by the device. You can use the recovery sheet to write the recovery phrase. Note: you can’t see the recovery key on the Mobile app or Desktop app if you are already connected device to PC or mobile phone. Then you have to re-enter the recovery key and confirm it.
5. Next screen, you will see “Access Dashboard” and press two buttons together. Now you are ready to install the apps such as Bitcoin, Ethereum, etc from the Desktop app or mobile app.
Here is a complete guide by Crypto Fiend,
Ledger Nano X review – is it worth to buy
Ledger Nano X device costs around 119USD, it is high price relatively Ledger Nano S and Trezor One device. Ledger Nano X comes up with new features states above, so it is a very fair price.
Also, it supports more than 1100+ coins and tokens, in case you can manage all coins and tokens in one place.
Also, Ledger Nano X supports many third-party wallets, decentralized exchanges, exchanges, blockchain games.
Finally, it is worth buying as a beginner-friendly wallet or upgrades to the new Ledger Nanoo X device are perfectly worth it if you are using Ledger Nano S.
Ledger Nano X alternatives
There are many Ledger Nano X alternatives. Take a look at comparisons of some properties with simple details.
Ledger Nano X vs Ledger Nano S
Ledger Nano X | Ledger Nano S | |
Price | 119 USD | 59 USD |
Coins supported | 1100+ | 1100+ |
Backup and recovery seed, Pin code | Yes | Yes |
Display | Full-color screen | Monochrome screen |
Storage | No | No |
PC, smartphone connectivity | PC connectivity with USB type C Smartphone connectivity with Bluetooth | USB micro cable |
Customer support | Excellent | Excellent |
Battery | 8 An hour in standby mode | No |
Ledger Nano X vs Trezor Model T
Ledger Nano X | Trezor Model T | |
Price | 119 USD | 149 EUR |
Coins supported | 1100+ | 1000+ |
Backup and recovery seed, Pin code | Yes | Yes |
Display | Full-color screen | Full-color touch screen |
Storage | No | micro SD card + Encrypted cloud storage |
PC, smartphone connectivity | PC connectivity with USB type C Smartphone connectivity with Bluetooth | USB type C |
Customer support | Excellent | Excellent |
Battery | 8 hour in standby mode | No |
Ledger Nano X vs Trezor One
Ledger Nano X | Trezor One | |
Price | 119 USD | 59 EUR |
Coins supported | 1100+ | 1000+ |
Backup and recovery seed, Pin code | Yes | Yes |
Display | Full-color screen | Monochrome screen |
Storage | No | Encrypted cloud storage |
PC, smartphone connectivity | PC connectivity with USB type C Smartphone connectivity with Bluetooth | Micro USB |
Customer support | Excellent | Excellent |
Battery | 8 hour in standby mode | No |
Ledger Nano X vs Keepkey
Ledger Nano X | KeepKey | |
Price | 119 USD | 49 USD |
Coins supported | 1100+ | 40+ in device & 1000+ with MEW |
Backup and recovery seed, Pin code | Yes | Yes |
Display | Full-color screen | Monochrome screen |
Storage | No | NaN |
PC, smartphone connectivity | PC connectivity with USB type C Smartphone connectivity with Bluetooth | Micro USB |
Customer support | Excellent | Excellent |
Battery | 8 hour in standby mode | No |
Ledger Nano X review – FAQs
Is Ledger Nano X safe?
Yes definitely, there is no complaint the Ledger Nano X hacked or something bad news. Also, Ledger Nano X has integrated the best possible security features and industry standards
What is the difference between Ledger Nano S and X?
There are many differences between Ledger Nano S and X. Mainly, the price is different from both devices. Ledger Nano X allows installing natively up to 100 apps in the device but Ledger Nano S allows up to 20 apps. Ledger Nano S supports only the Android Ledger Live app but Ledger Nano X supports both Android and iOS Ledger Live apps. Also, Ledger Nano X supports Bluetooth connection and Ledger Nano S does not support the Bluetooth connection for mobile devices
What coins does Ledger Nano X support?
Ledger Nano X supports all most every major coins and tokens, also it is supporting every ERC 20, ERC 721, TRC10 and TRC 20, BEP 2, and NEP 5 token standards
How much cost Ledger Nano X?
Currently, the market price is 119$ and free shipping is offered
How do I upgrade Ledger Nano S to Ledger Nano X?
There is recovery seed generated during the device setup, so you can use that recovery seed to recover your all device funds
Does it support ERC 20 tokens?
Yes, Ledger Nano X supports all ERC 20 tokens and It works with ERC 20 wallets such as MEW, MyCrypto, etc.
Conclusion – Ledger Nano X review
In this article consist of Ledger Nano X review. You will learn many new features of the Ledger Nano X other than the Ledger Nano S. According to comparison, Ledger Nano X is worth buy relatively Trezor Model T devices and other similar alternatives. If you have any questions feel free to comment below.
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