Last update: Jun 9, 2021

Ultimate Ledger Nano X Review

4.9/5

The Ledger Nano X is considered by many as the best hardware wallet on the market. Even though the device has its flaws, you’ll be hard-pressed to find a hardware wallet that offers the features and functionality available with the Nano X. Read on to find everything you need to know in our Ledger Nano X Review.

  • Ledger Nano X

    1. Type Hardware Wallet
    2. Fees Gas Money Based Fees
    3. Two Factor Authentication FIDO U2F
    4. Cryptocurrencies Supported Over 1000

When you’re ready to purchase a Nano X, you can pay with Bitcoin, PayPal, or with a credit card.

Deliveries take a few weeks to arrive, so be patient. It will get there. Bear in mind that no matter where you live, you’ll have to sign for your package when it arrives.

Ledger will send you a tracking number so you can be sure to be at home when your crypto wallet gets there.

History

Ledger teams

Founded in 2014, Ledger is rivaled only by Satoshi Labs – the Trezor Model T and Trezor One manufacturer –  in the hardware wallet market.

As a leader in infrastructure and security in the blockchain industry, Ledger supports a team of more than 100 professionals specializing in creating and developing crypto and blockchain products.

These products serve to safeguard and protect your digital assets.

Currently, there are two Ledger hardware wallets on the market: The Ledger Nano S and the Ledger Nano X.

Can Ledger Nano be hacked?

Legder Hackeded

The answer to this question isn’t as straightforward as some like to make it.

It really depends on your point of view. It is true that in 2020 Ledger was hacked.

However, it was the Ledger site that was breached and not a hardware device.

But that doesn’t mean your funds are safe if you don’t take the proper precautions with your own wallet.

Do everything you can to protect your digital assets. Be sure to enable and set up 2FA on the device, protect your passwords and passphrases, and only give your personal data to valid email addresses.

To ensure that the Nano X is as secure as possible, Ledger uses its in-house operating system, BOLOS, along with a CC EAL5+ certified secure chip.

Additionally, devices are audited and verified by ANSSI, a French cybersecurity company, to ensure they are completely safe before shipping.

Unboxing

Ledger Nano X Box and Unboxing

If you’re in the market for a cryptocurrency hardware wallet, you’ll be hard-pressed to find one that’s as premium as the Ledger Nano X.

With this wallet, you can keep your crypto assets protected and secure.

While hot wallets are always online and connected, which leaves them open to malware attacks and hacks, the Nano X keeps your private keys in offline cold storage, on the physical device.

You’ll get all the features the Ledger Nano S has to offer and then some when you purchase a Nano X.

Users get more storage, which means more app support, plus the ability to connect a smartphone or tablet through Bluetooth.

The device also comes with a larger, rechargeable battery, so you can use your hardware device whenever you want, no matter where you are.

Wallet
Ledger Nano X

Ledger produces some of the best hardware wallets in the business, which is why you should give the Nano X serious consideration. This sleek device, with an intuitive user interface, and multi currency support is an excellent option for managing all your digital assets.

For all the security afforded with a hardware wallet, head on over to the Ledger website and order your Nano X today!

4/5
Visit Ledger Nano X

Physical appearance

Similar to other hardware wallets on the market, the Ledger Nano X looks a lot like a USB flash drive.

The difference is that the Nano X is designed to store your crypto assets while keeping them safe.

Ledger intentionally developed its hardware wallets to look like USB memory sticks, as it aids in making the devices more discrete and less likely to be identified as a crypto storage wallet.

The device check in at a robust 34g and measures 72 mm by 18.6 mm by 11.75 mm.

This makes your hardware wallet quite a bit larger than your typical USB flash drive, but not so much that the casual observer will see a significant difference.

Materials

Nano X Material

The main body of the Nano X consists of stainless steel.

With this type of material, the device looks stylish, sleek, and sophisticated.

While it’s not the main reason people gravitate toward Ledger devices, it certainly doesn’t hurt.

Plus, using a stainless steel finish makes the wallets more durable than many of the other available options.

Buttons

Nano X Button

Your Nano X has two physical buttons which are hidden in the design of the device. They’re revealed when you pivot the device out from behind its over.

These buttons give you access to the menu, allow you to make selections, as well as input your recovery phrase should the need arise.

Honestly, using a two-button system is a bit on the tedious side, as entering PINs and seed phrases can become arduous and frustrating.

This is one area Ledger could improve on its devices by implementing additional buttons or even a touchscreen.

Led screen

Nano X LCD Screen Shown

One other area of improvement Ledger made between the Nano S model and the Nano X is the size of the device’s screen.

This is a significant enhancement, as the larger screen shows your entire crypto address, which means you don’t have to scroll across the screen to confirm your wallet address every time you perform a transaction.

How to use The Ledger Nano X - Our step-by-step guide

Using your Nano X is fairly intuitive, but if you run into trouble, here’s a quick primer on what you’ll go through when setting up and using your hardware wallet.

Step 1 – Set up your pin code

Pin Code Setup On Nano X

The first time you power on your hardware wallet, you’ll be asked to select a 4 to 8 digit PIN.

You can move between the numbers by using the buttons on top fo the device.

To select a number, press down on both buttons at the same time.

Step 2 – Write down your recovery phrase

Nano X Recovery Phrase Sheets

Think of your seed phrase, or recovery phrase, as the password for your hardware wallet.

That’s why you want to keep is safe and protected all the time. Once you’re done with your PIN code, you’ll need to write down your seed phrase, which is a 24-word passphrase that requires certain words be entered in a specific order.

Write down the words on a piece of paper and store it in a secure place. If you device gets lost, stolen, or broken, you can use this passphrase to recover your digital funds.

Because the phrase is so important, you’ll have to confirm it after you write it down. You cannot skip this step, so follow the necessary steps to get set up.

Step 3 – Pair your Nano X with your mobile device

Pair up Nano X With Phone

Now comes the fun part: connecting your Nano X to your mobile device. The Nano S can only be controlled through the Ledger Live desktop app.

However, the Nano X can be controlled through the desktop app and the Ledger Live mobile app.

While it is nice to be able to control the device from your mobile device, the process can be challenging.

For example, each time you perform an action, the app has to first wait for Bluetooth to connect. Then, it approves the action on your smartphone or tablet.

Often, you’ll find that the device may not show the “approve” option. If that’s the case, just wait a little longer and the action will auto-approve.

Step 4 – Install applications

Nano X Installing Apps

When you have your smartphone or tablet paired to your Nano X, you can start installing apps onto the device.

These apps correspond directly to the cryptocurrency you use, but the beauty of the Nano X is that it can support more than 100 apps at once.

That means you don’t have to pick and choose like you do with the Nano S.

Step 5 – Add accounts

Account Creation Ledger Nano X

Adding your accounts to your Ledger wallet can be confusing, so it might be wise to visit the site to ensure you are doing everything correctly.

This process is not immediately evident through the Ledger Live user interface, so be sure to do this before you start sending and receiving cryptocurrencies.

Here’s a short rundown of how it works:

  • On the left hand panel in the Ledger Live software find and select ‘Accounts.’
  • Click on the ‘add account’ option.
  • Use the dropdown or type in the crypto asset you want to use. Select continue. (If for some reason you can’t find your asset, it may not be supported by Ledger Live.)
  • Unlock and connect your device. Open the corresponding application for the crypto asset you want to use. Click continue. Ledger Live will display existing blockchain accounts.
  • You can now choose between existing accounts or adding a new account. Choose the appropriate option, then give your account a name.
  • Click continue and wait for your account to show up in your portfolio.

Now you’re ready to start sending and receiving cryptocurrencies with your Ledger Nano X hardware wallet.

Ledger Nano X supported coins

Supported Crypto On Ledger Nano X

Like the Nano S, the Nano X offers support for more than 1000 different cryptocurrencies, altcoins, and ERC-20 tokens.

You can send and receive the most commonly used coins through the Ledger Live app interface.

Here’s a short list of the coins the wallet supports:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Dash (DASH)
  • Bitcoin Cash (BCH)
  • Eos (EOS)
  • Ripple (XRP)
  • Litecoin (LTC)
  • Cardano (ADA)
  • Neo (NEO)
  • Tether (USDT)

If you want to add lesser-known coins and tokens to your Nano X, you’ll need to use alternative software wallets to connect to your Ledger.

These would be options like myCrytpowallet or myEtherwallet.

Ledger Nano X features

The Ledger Nano X offers plenty of features and functionality.

The device is intuitive and easy to use, so whether you’re new to the world of cryptocurrencies or an experienced veteran, you’re sure to find the features useful and beneficial.

Let’s check out a few of them.

Full node support

Full Stack Support Ledger Nano X

Ledger recently announced that its hardware wallet would begin supporting full nodes through its Satstack application.

With Satstack, Nano X users can establish a full node connection through their hardware device.

This is done through the Ledger Live application.

By connecting to a full node, users have the ability to prevent their transactions from being accessed by outside parties.

Coin control

Coin Control Ledger

One of the most popular new security features Ledger developed is its Coin Control support.

With Coin Control, users will see a reduction in dusting attacks. A dusting attack occurs when hackers send a tiny amount of crypto to a user’s wallet.

This provides a way for the hacker to see the privacy settings within the wallet. At that point, the wallet is vulnerable to attacks.

Coin Control gives users the necessary settings to make the appropriate adjustments to their transactions.

As a result, sending and receiving crypto is more secure and private. Without Coin Control, hardware wallets would the FIFO (first-in, first-out) process.

However, with this feature, users can select the wallet address they want to use for all transactions.

By using Coin Control, hackers can’t track the minuscule amounts of cryptocurrency that are part of each transaction.

These small amounts aren’t even worth the fees paid on the transaction, but they allow hackers to track the holder through UTXOs or unspent transaction outputs.

Coin Control puts an end to that.

Connectivity

Nano X Connectivity With Phones

The Nano X is one of the first hardware devices to offer a 100mAH battery built right in.

This upgrade was necessary due to the new Bluetooth connectivity functionality provided by the wallet.

With a Bluetooth connection, mobile devices can connect to the wallet.

By comparison, the Nano S could only connect using the provided OTG kit.

Additionally, users can connect to their laptop or desktop through the USB-C cable that comes with the device.

The Ledger Live software works with Windows, macOS, Linux, Android, and iOS, so you don’t have to worry about operating system support.

Recovery sheets

Ledger X Recovery Phrase Sheets

While recovery sheets may sound like some technical term, they couldn’t be less so.

These are sheets of paper that come with your Nano X and are used for storing your recovery seed passphrase.

Remember that 24-word phrase I mentioned earlier? That’s what this is for.

Write them down and keep them in a safe place so no one else has access to them.

If you lose your wallet or forget your password, you’ll need your recovery seed to access your funds.

Ledger Nano X vs. Ledger Nano S

Ledger Nano X

Ledger Nano X and S Comparison

Many consider the Ledger Nano X to be the best hardware wallet you can get.

The device is great if you regularly send and receive cryptocurrency.

Additionally, you can use your Android and iOS devices to perform transactions.

That means you don’t have to have your laptop or desktop nearby to get your hands on your favorite digital assets.

The Nano X also offers more storage space than you get with its counterpart.

When the memory on your Nano S fills up, you’ll probably have to delete one of your apps to create more room for another one.

You won’t have this problem with the Nano X.

It supports almost 100 applications, so you’ll have access to all your cryptocurrencies.

Also keep in mind that the Nano X offers Bluetooth connectivity.

As a result, you don’t have to carry your USB-C cable with you everywhere you go.

Just connect your hardware wallet to your smartphone and start sending and receiving crypto right away.

Wallet
Ledger Nano X

Ledger produces some of the best hardware wallets in the business, which is why you should give the Nano X serious consideration. This sleek device, with an intuitive user interface, and multi currency support is an excellent option for managing all your digital assets.

For all the security afforded with a hardware wallet, head on over to the Ledger website and order your Nano X today!

4/5
Visit Ledger Nano X

Ledger Nano S

Ledger Nano X Comparison with Nano S

The Ledger Nano S is ideal if you only invest in a few cryptocurrencies and plan on holding them for a long time.

If you don’t send and receive digital currencies very often, then the Nano S is a solid hardware wallet option.

Additionally, if you don’t want to use your tablet or smartphone with your wallet, the Nano S is the cheaper option.

The biggest problem with the Nano S is memory.

If you want to hold more than a few cryptocurrencies, this device just isn’t going to get it down.

Plus, it offers limited connectivity. It’s perfect for those that want to load it up and forget about it.

Otherwise, you’re probably better off going with the Nano X.

Wallet
Ledger Nano S

If you don’t want to mess around with software wallets, you should check out the Ledger Nano S. This affordable hardware wallet is a great way to keep your coins safe and secure. With support for nearly every coin on the market, it’s tough to go wrong with the Nano S.

To get your hands on this high-quality, affordable hardware wallet, visit the Ledger website

3.5/5
Visit Ledger Nano S

How to buy Ledger Nano X in Canada?

Canada Ledger Nano S

The Nano X will run you CAD 159.00, which is a little more than twice what the Nano S will cost you.

If you don’t need Bluetooth or a lot of memory, you might find that the Nano S offers the features you need.

While you might be able to find a cheap Nano X through a third-party site like Amazon or eBay, there’s probably a reason it’s less expensive.

Often these devices are compromised or set up to send your wallet information to the seller.

To avoid this type of problem, buy your hardware wallet right from the manufacturer. In this case, just visit Ledger’s website to get your hands on one.

It will cost you a little more in shipping, but you’ll have the peace of mind that your wallet hasn’t be tampered with.

How to buy Ledger Nano S in the UK?

Uk Ledger Nano S

The same idea applies to the UK.

It’s tempting to pay for a cheap device you find on Argos, Curry’s PC World, or Amazon UK, but don’t be fooled.

You could be buying a device that’s set up to send your wallet information to someone else.

Or you could wind up with the wrong device entirely.

If you want to ensure that you get the device you want, buy your Ledger Nano X through the Ledger store.

Even if you wind up with the wrong device, you’ll have the option to return it for the right one.

How to buy Ledger Nano S in AU and NZ?

Australia and New Zealand Ledger Nano S

Hopefully, the third time’s the charm when it comes to buying your Ledger Nano X in Australia or New Zealand.

Sure, you can find reliable retailers in either country, which include popular options like eBay and Amazon.

However, you could still wind up with the wrong device or a used device that someone has tampered with.

To avoid this type of problem, buy your Nano X from Ledger’s website.

Prevent potential hassles and headaches by getting your hardware wallet from the manufacturer.

You’ll know what you’re getting along with the peace of mind that your device hasn’t been opened. It will be brand new in the box just for you.

Can I use multiple ledgers?

Using more then one Nano X

The quick and easy answer to this question is yes, but I want to take a moment to give you a bit more information. For example, when you use multiple Ledger devices, you’ll have to go through the Ledger Live application.

Through the app, you can either use mulitple wallets or share a device with several people who have their own device.

Each Nano X will give you access to the account associated with the appropriate 24-word recovery passphrase.

So, if you want to set up more than one Ledger Nano X at a time, you can do so.

Avatar of andrejilisin
author Andrej Ilisin

A serial entrepreneur working primarily with digital assets. He's the CEO of Sharp Capital, a company that focuses on growing online businesses. Andrej is also huge crypto, chess, and CrossFit enthusiast.