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The new Ledger Nano X was just announced at CES 2019 – and we have the review. Is it worth the price? Is it really the most advanced hardware wallet yet? Keep reading to discover everything you need to know about the Ledger Nano X.
What Is The Ledger Nano X?
The Ledger Nano X is the latest crypto hardware wallet sold by long-running wallet maker Ledger. The Nano X is being sold online today at a price of $119 USD. Shipping is scheduled to begin in March 2019.
The wallet is Bluetooth-enabled, CC EAL5+ certified, and backup-enabled. It uses the same technology found in credit cards and passports to secure your data. It also supports over 100 applications, which means you can potentially store 100 different cryptocurrencies on the device (with over 1100 supported cryptocurrencies in total).
The biggest difference between the Ledger Nano X and other Ledger hardware wallets is the mobile-friendliness. The Nano X makes it easier than ever to spend funds from your wallet using your smartphone. Spending your funds from your Nano X is as easy as connecting to your phone via Bluetooth. There’s a new Ledger app that you can install. Just install the app, connect your phone via Bluetooth, and enjoy easy access to your cryptocurrency funds.
Ledger unveiled the Nano X during January’s Consumer Electronics Show (CES) in Las Vegas. The wallet is already generating hype as a game-changer for crypto users who want to access their crypto funds more easily.
The goal is to allow you to easily spend and access your cryptocurrencies without compromising on security. To date, Ledger has largely lived up to its reputation as one of the world’s best crypto hardware wallet makers, and the Nano X aims to continue pushing that reputation forward.
Ledger Nano X Features
The Nano X comes with the following core features:
Security: Security is obviously important with any crypto hardware wallet, and the Nano X aims to offer uncompromising security. Your private keys are safely isolated inside the device’s secure element (CC EAL5+ certified), which is the same chip used to secure passports and credit cards.
Mobility: The Nano X is Bluetooth-enabled. You can easily connect it to your phone via Bluetooth to spend and across your funds. Just install the Ledger Live Mobile app on your Bluetooth-enabled phone and then make transactions anywhere. All Bluetooth communication is encrypted end-to-end to protect against security threats.
Easy Backup and Restoration: Your crypto funds are protected even if you lose your Nano X. When setting up your Nano X, you will receive a 24-word recovery phrase. This allows you to restore your funds instantly on any Ledger device.
100+ Applications Simultaneously: The Nano X can store up to 100 applications at the same time, allowing you to hold up to 100 different cryptocurrencies on your device. You can manage these assets simultaneously, including bitcoin, Ethereum, XRP, and other crypto funds.
Supports Over 1,000 Cryptoassets: The Ledger Nano X supports 1100+ crypto assets in total, similar to the number of assets supported by other Ledger products. You can potentially store 100 different cryptocurrencies on the device simultaneously. Ledger is adding support for new crypto assets every month. In general, any cryptocurrency you have will be supported by the Ledger Nano X. you can view a full list of supported cryptocurrencies here.
Simple and Intuitive: As with other Ledger products, the goal of the Nano X is to create a device that’s easy-to-use and intuitive. The device comes with a simplified interface. There are just two buttons and one screen. Using these two buttons and the screen, you can access all of the features on your device. Meanwhile, you can easily manage transactions from your smartphone or computer using the Ledger Live apps for PC or mobile.
BOLOS Operating System: Ledger developed its own highly-secure operating system called BOLOS. This is the operating system seen on the Nano S and Ledger Blue. BOLOS is on the certified secure chip within the Ledger Nano X as well.
What’s Included With The Ledger Nano X?
The Ledger Nano X comes with all of the following inside the box:
- 1 Ledger Nano X hardware wallet
- 1 USB cable
- 1 instructional getting started leaflet
- 3 recovery sheets
- 1 keychain strap
Ledger Nano X Tech Specs
- Dimensions: 72mm x 18.6mm x 11.75mm
- Weight: 34g
- Material: Brushed stainless steel and plastic
- Battery: 100mAh
- Microcontrollers & Connector: CC EAL5+ certified, ST33J2M0 (secure) + STM32WB55
- Connector: USB Type-C
- Compatibility: 64-bit desktop computer (Windows 8+, MacOS 10.8+, Linux) or smartphone (Android 5+ or iOS 9+)
Ledger Nano X Cryptographic Support
The Ledger Nano X supports 100 different applications, 1100+ cryptocurrencies, and a wide variety of cryptographic protocols, including all of the following:
- Message Digest: RIPEMD160, SHA224, SHA256, SHA384, SHA512, SHA3, SHA3-XOF, KECCAK, BLAKE2B, Grøstl
- Cryptography Key, with Key Generation: DES (56, 112, 168 bits), AES (128, 192, 256 bits), ECC (256 bits), RSA (1024, 2048, 3072,4096 bits) RSA encryption with PKCS1 v1.5, PKCS1 OEAP, NOPAD schemes
- HMAC Signature: HMAC-SHA256, HMAC-SHA512 RSA Signature with PKCS1 v1.5, PKCS1 PSS schemes
- Elliptic Curve Signature: ECDSA/EC-Schnorr (SECP256K1, SECP256R1, Brainpool256R1, Brainpool256T1), EdDSA (Ed25519)
- Elliptic Curve Diffie Hellman: ECDH (SECP256K1, SECP256R1, SECP521R1, Brainpool256R1, Brainpool256T1, Curve25519)
- Symmetric Cryptography: DES, Triple-DES, AES with ISO9797M1, ISO9797M2, NOPAD schemes
- Random Number Generation: RND, Prime RND (hardware support TRNG), NIST SP 800-90A CTR DRBG
Ledger Nano X Pricing
The Ledger Nano X is priced at $119 USD. In Europe, it will be priced at €119 EUR.
Free shipping is available on all orders. Ledger also offers easy returns, giving you 14 days to return your order for a refund.
15 different payment methods are accepted on Ledger.com, including major cryptocurrencies and credit cards.
About Ledger
Ledger is a long-running crypto hardware wallet company launched in 2014 by eight experts with complementary backgrounds. Today, the Paris-based company employs 130+ people worldwide while continuing to develop its flagship line of Ledger hardware wallets.
To date, Ledger has sold over 1 million Ledger hardware wallets, including the Ledger Nano S and the Ledger Blue. Along with Czech Republic-based Trezor, the company is the best-known hardware wallet maker in the space.
Ledger’s rise to dominance was fueled by the launch of its own distinctive operating system called BOLOS. So far, Ledger is the only player in the market that offers its own highly-secure operating system to secure cryptocurrencies.
Conclusion
Ledger just unveiled a game-changer in the crypto hardware wallet space by announcing the Ledger Nano X at CES 2019. The Paris, France-based company has created a hardware wallet that supports over 100 applications, allowing you to store 100 different cryptocurrencies simultaneously (out of a total of 1100 supported cryptocurrencies).
Meanwhile, Ledger has made it easier than ever to access crypto funds from your mobile device, allowing you to install an app and connect to your Nano X via Bluetooth. All transactions are secured using the same technology (CC EAL5+ certification level) that secures the chips in your passport and credit card.
The Nano X will begin shipping in March 2019. It’s priced at $119 USD or €119 EUR and is available to purchase online at Ledger.com.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.