Ledger Nano X is the latest hardware wallet offered by Ledger which is designed to become the most secure and mobile-friendly hardware wallet in the crypto world. Through the use of Bluetooth technology, it will help users to manage their crypto assets on the go. The product was recently announced at the world’s biggest technology event CES (Consumer Electronic Show) held in Las Vegas this year 2019. Even though the product is scheduled to go live later in 2019, it has already captured the attention of the entire crypto world by acquiring the CES Innovation Honoree Award during its launch.
Update. The Ledger Nano X is now available! This year’s top-rated cryptocurrency wallet is available and ready for shipping. Order yours today!
Similarly to the Ledger Nano S, the Ledger Nano X has a screen which is used to display all the information regarding your transactions. It also has 2 buttons which are used to control the entire operation of the hardware wallet. As it uses a highly secure chip built using the latest technology, it is almost impossible for hackers to steal coins from this hardware wallet. Ledger Nano X will seamlessly work with both mobile and PC versions of the Ledger Live companion app.
The Ledger Nano X hardware wallet is priced at €119 (incl. VAT). Even though shipping was planned to start in March, shipping was delayed by a month, and potentially even more, after an unexpected production issue. Users may pre-order the wallet from the Ledger official website. For those who ordered their Nano X before the 21th of March 2019, they’ll also receive a Nano S as a compensation for the unexpected shipping delay.
The visual appearance and features of Nano X look pretty much the same as those of the Nano S. Of course, the most striking feature of Nano X is its Bluetooth connectivity which makes the wallet more user-friendly and accessible. Once you pair the Ledger Nano X using Bluetooth with your iPhone or Android, you will be able to check your balance, send & receive assets, install apps and add accounts, just with a few taps on your smartphone. To do so, you have to download and install the Ledger Live mobile app (not yet released). Like the other Ledger wallets, the final authentication for your transaction must come from your Nano X. (For those users who don’t trust Bluetooth, Ledger has provided an option to disable it from the Control Center. Then, they can connect the device to the computer via USB)
Since the Nano X comes with a built-in rechargeable battery, it will be very convenient for users to use this device on a daily basis because there is no need to carry the USB cable anymore. Ledger Nano X owners don’t even need a Wi-Fi connection as they can make use of the mobile internet to make secure transactions on the go.
Nano X is designed to store up to 100 applications simultaneously thanks to its increased storage size. This feature will be very handy for users who would like to store hundreds of assets on a single device and be able to access them all at the same time.
No. Ledger has clearly stated that it will continue support for Ledger Nano S as both models have their own separate features. Nano X can be used to manage your crypto assets on the go while the Nano S can be used as a backup which can be kept in your home in a safe vault or storage. Due to its competitive price, the Nano S will be the popular choice for novice traders whereas the Nano X is ideal for professional or serious traders who want to manage their digital assets anytime & anywhere. Hence, the Nano X can be called as “A Bluetooth enabled Nano S on the go”
The good news for those who already own the Nano S is that they can easily transfer their assets to the Ledger Nano X using the Ledger Live companion app.
Ledger Nano X wallet supports more than 1100+ digital assets, with new assets added every month. The list of top coins and tokens includes:
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum Classic (ETC), Litecoin (LTC), Dogecoin (DOGE), XRP (XRP), Zcash (ZEC), Dash (DASH), Stellar (XLM), Qtum (QTUM), Bitcoin Private (BTCP), Tron (TRX), Waves (WAVES), EOS (EOS), IOTA (IOTA), Stratis (STRAT), Komodo (KMD), Ubiq (UBQ), Viacoin (VIA), Ark (ARK), Expanse (EXP), Neo (NEO), Stealth (XST), Digibyte (DGB), Horizen (ZEN).
To know the full list of digital assets supported by Ledger Nano X wallet, visit here. All the coins supported on the Ledger Nano S are supported on the Nano X
Ledger Nano X has two types of connectivity: USB and Bluetooth. The wallet can be connected to any 64-bit desktop or laptop computer (via USB) running Windows(8+), Linux(10.8) or MacOS. Additionally, users can connect the device to an Android phone (supports Android 5 Lollipop or later) or iPhone (iOS 9 or later) using Bluetooth. The mobile version of the Ledger Live app is live. It was released on Monday 28th January 2019.
When you receive the package from the manufacturer, make sure the box contains the following:
Before starting to use the Ledger Nano X, users must do two important things:
This is a crucial step as the recovery sheet will be the only way to recover the funds should you lose the device. This procedure will most likely be very similar to the Ledger Nano S setup, however, we will update this section with a detailed guide as soon as the product goes live.
In order to send & receive crypto assets using Ledger Nano X, you need to install the Ledger Live software on your computer or smartphone. Ledger Live can be downloaded from https://www.ledger.com/pages/ledger-live. (Nano X is not yet listed)
Ledger Live mobile can be downloaded from Google Play Store (Android) and iTunes for iOS.
To send or receive crypto assets, users must download the relevant cryptocurrency app using the Ledger Live. Follow the procedure below to download the Bitcoin (BTC) app to send/receive BTC. Similarly, this procedure can be used to download apps the send/receive other cryptocurrencies.
The app has been installed successfully. Likewise, follow the above procedure to install apps for different crypto assets.
It is assumed that the user had already installed the Ledger Live mobile app and the crypto asset apps. Now, it’s time to add a new or existing account before starting to send/receive digital assets.
Tap Continue to add an account on to your portfolio.
Follow the below steps to send a crypto asset from Ledger Nano X. It is assumed that the user already has some digital assets stored on the Nano X.
Congratulations! You have successfully sent digital currency using Ledger Nano X.
Follow the below steps to receive cryptos on Ledger Nano X.
Once the sender completes the transaction, coins will be received on your wallet.
Ledger has stated that the Bluetooth technology will not cause any kind of security threat to the crypto assets, as the Bluetooth connection is protected with end-to-end encryption. Additionally, the user’s private keys are more secure on the Nano X hardware wallet, as it uses the same security element (CC EAL5+ certification) which is widely used in secure applications, like credit cards, to protect the user’s data and privacy. Even if your smartphone is compromised, it is assured that your private keys will never leave your device.
For those users who would like to stick with the USB connectivity, Ledger has provided an option to disable Bluetooth from the Control Center.
Users who own the latest iPhone models like iPhone X, may further protect their assets by enabling Touch ID or Face ID to open the Ledger Live app. Those who own Android smartphones should be able to lock the Ledger Live app with Touch ID provided their phone has a fingerprint sensor.
Ledger Nano X allows the users to recover their wallet using the recovery phrase in case they forget the PIN or if the device is stolen or broken. Without the recovery phrase, it is not possible to restore your wallet. You may also use this procedure in case you would like to transfer your assets from Ledger Nano S to Ledger Nano X.
Congratulations! You have successfully recovered your wallet on Ledger Nano X.
A direct comparison of the Nano X vs Nano S:
Update. The Genises Block Nano X is no longer available, however, you may now buy the official Nano X and benefit from Free Shipping worldwide!
Since the core functionality of both the wallets remains the same, the choice depends primarily on your expected device usage. For serious investors who will be trading frequently, the Ledger Nano X will be the best buy. Why? Because it allows you to manage your digital assets anywhere, anytime, without a computer and without a USB cable.
For hodlers, the Ledger Nano S will do just fine to protect your coins and tokens. It is priced at almost half the value of Nano X so it will also save you some money.
If you’re buying your first hard wallet, we recommend you to go with the Nano X. Its technology is faster, it allows you to store more coins and it will remain compatible for a longer period of time.
Portability – 4.8
Security – 4.6
Ease of use – 4.0
Cryptocurrency Support – 5.0
Trusted by both novice and professional traders to secure their digital assets, Ledger Nano S is the most popular and secure hardware wallet.
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