Ledger Nano X is a hardware wallet considered an excellent upgrade upon its predecessor –Ledger Nano S.
Frankly, expert reviews of Ledger Nano X have generously lauded the hardware wallet device for a number of perks including its exquisite design, security features, simplified usage and multi-currency support.
Notably, below are the major observable pros in the Nano X hardware wallet:
- The wallet features an enhanced navigation system
- It packs a larger screen (than its predecessor’s), making way for improved ease of use
- The Nano X hardware wallet can be powered on the go, courtesy of its rechargeable battery
- It holds extended storage considered spacious enough for the installation of 100 apps of varying cryptocurrencies
- The wallet also supports Mobile Ledger Live on both iOS and Android device platforms
How Secure is Ledger Nano X?
Ledger has a pretty history of device security. With the Nano X hardware wallet being no exception, Ledger’s hardware devices have proven excellent in terms of security.
Prettily, Nano X is packed with two in-built chips: (i) ST33J2MO which handles transactions signing and private encryption, and (ii) STM32WB55 which forms the basis of the wallet’s operating system.
Asides allowing for a user-defined passphrase (that protects against third-party access), Ledger Nano X has got a sophisticated security composition which makes the hardware wallet nearly impossible to hack. Moreover, the wallet’s BOLOS operating system provides optimum protection for the sensitive information displayed on the wallet’s screen.
Unboxing the Ledger Nano X Wallet Package–What Do You Find in the Package?
Ledge Nano X’s package houses a number of other items in addition to the hardware wallet device. If you’re purchasing the device from a trusted retail agent, you’re very likely to find the following items after unboxing the package:
- The Nano X hardware wallet
- A leaflet that guides you on “getting started”
- A USB cable
- A keychain strap
- Three recovery sheets
The Supported Cryptocurrencies
Needless to say, one of Nano X’s notable advantages is its compatibility with multiple cryptocurrencies. In fact, Nano X competitors (including Trezor and KeepKey) barely support majority of these cryptocurrencies, hence giving Nano X a competitive advantage. Put simply, you could use your Nano X wallet for storing and managing dozens of different cryptocurrencies.
Ledger broadly supports over 1100 varying cryptocurrencies and prettily, the Nano X hardware wallet is capable of installing as many as 100 differing crypto wallet apps. The beautiful side of this is that Nano X users are able to install the wallet apps of the world’s most acclaimed cryptocurrencies including:
- Bitcoin
- Litecoin
- Ethereum
- EOS
- Bitcoin Cash
- Tether
- Zcash
- Binance Coin
- TRON
- XRP
Conclusion
There are a decent number of reasons why Ledger Nano X is worth buying. While the chief among these reasons could be the improved usability, it is worth reckoning that Nano X is a great catch for those investing substantially in Bitcoin and even altcoins. Importantly, the overriding advantage of using Nano X is the sophisticated security it guarantees alongside the ease of storing and managing multiple cryptocurrencies.