Ledger nano X

What is a Ledger Nano X?

The Ledger Nano X wallet is a hardware digital currency wallet. This wallet is made by Ledger Company Paris, France. Ledger also has a branch in San Francisco, California. In 2014, 8 crypto specialists established this company and since then the CEO is French Pascal Gauthier.

The Ledger Nano X wallet is a cold wallet; therefore, it has high security. This wallet holds private keys offline and supports a wide number of cryptocurrencies.

Ledger Company has designed 2 hardware wallets.

• Ledger Nano X

• Ledger Nano S

Here is an introduction to Ledger Nano X.

Security

Is the Ledger Nano X safe? It provides you with ultimate security. This hardware wallet stores all your cryptocurrencies offline and securely.

It also has a Bluetooth connection (BLE) that allows you to use it without a cable.

There are no unresolved security issues with the Ledger Nano X wallet. There is a 24-word recovery that allows you to access the property, in case of stealing or losing the wallet.

Cryptocurrency Support

If you are interested in trading altcoins rather than popular coins, check out the list of coins supported by Ledger Nano X. The point is that no wallet supports all cryptocurrencies.

The Ledger Nano X supports 1500 coins and altcoins. There is a list of supported coins below.

• Bitcoin

• Ethereum

• Ripple

• Tether

• Bitcoin cash

• Litecoin

• Binance coin (BNB)

Design and Performance

The Ledger Nano X looks like the original model, Ledger Nano S. The differences are its wider screen and heavier weight. However, you can still hold it easily. But the design of the Ledger Nano X is more efficient than the S version. Because of the larger screen, it is easier to see the wallet address and details. If you want to connect the Ledger Nano X to your computer, you can use a USB-C cable.

Cost

When it comes to hardware wallets, the main problem is the cost. Ledger Nano X is one of the expensive options. However, it has practical features that will not be found in other wallets.

While price is one of the main reasons people choose software wallets (most of them are free), security comes first in storing cryptocurrencies. Imagine losing your coins just because you pay less to keep them!

While price is one of the main reasons people choose software wallets (most of them are free), when it comes to storing cryptocurrencies, security should always come first. Imagine losing the coins you save in your software wallet just because you didn't want to buy a hardware wallet.