Ledger Nano X review in 2020 – 6 Amazing facts

Ledger Nano X review
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In this article, consists of the Ledger Nano X review. So, you will learn Ledger Nano X product features, pros and cons, how to set up the Ledger Nano X device, and the alternatives for the Ledger Nano X device. Finally, you will be able to decide whether to buy a new device or watch other devices. So, Let’s get started the right way,

Ledger Nano X review – Company Overview

Ledger Nano X is designed and developed by the Ledger company. The Ledger company founded back in 2014. The Ledger team consists of many tech experts and business experts and the Ledger company is operated in Paris, San Francisco, Vierzon.

Currently, the Ledger has developed two major cryptocurrency hardware wallets. Ledger Nano S introduced back in 2016 and Ledger Nano X is the latest cryptocurrency hardware wallet released in 2019.

Items in the Ledger Nanox X package

The Ledger Nano X package includes the following items,

1x Ledger Nano X hardware wallet

1x USB type C cable

1x keychain and Ledger stickers

1x Getting started leaflet

1x Use, Care, and Regulatory statement

3x Recovery sheet

Ledger Nano X package

Ledger Nano X review – product features

Let’s find out, What are product features of the Ledger Nano X,

Wireless connectivity

Ledger Nano X is a Bluetooth enabled device, so you can connect the Ledger Nano X to mobile phone via Bluetooth. Also, you can connect to the PC via USB type C cable.

Extensive device capacity

The device natively supports more than 100 coins or tokens, you can install up to 100 apps such as Bitcoin, Ethereum, etc on Ledger Nano X device.

Multiple currencies support

Ledger Nano X is supporting up to 100 major cryptocurrencies in natively. The Ledger device supports all most every blockchain standard tokens such as ERC 20 standard tokens, ERC 721 standard tokens, TRC 10, TRC 20, BEP 2, NEP 5 standard tokens.

Providing wallet backups

The Ledger Nano X is provided 24-word seed phrase for backup purposes, so you will use that seed for recovery purposes when your device is lost or upgrade to another device.

Ledger Live Desktop and mobile app

Ledger Live will help to manage all cryptocurrency transactions in one place using Ledger Nano X

Ease of use

There are only one-color screen and two buttons for all device operations so, it is very easy to use. Also, you view crypto balance within the device color screen without connecting PC or mobile phone.

Ledger Nano X supported coins and tokens

Currently, it supports over 1100 coins and tokens. You can handle ERC 20, ERC 721, TRC 20, TRC 10, BEP 2, and NEP 5 standard tokens.

Natively Ledger Live app supports up to 100 apps including top coins and tokens such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Tezos, Dash, Ethereum Classic. Doge, Zcash, Decred, Digibyte, etc.

Ledger Nano X Pros

Pin code entry is increasing the device security
1100+ coins and tokens support
Bluetooth connection for mobile phones
Excellent customer support

Ledger Nano X Cons

Relatively expensive than the Ledger Nano S

How to setup Ledger Nano X

Before setting up the Ledger Nano X as a new device, you need the following things,

Ledger Nano X device
PC (Windows 8 or above, macOS 10.8, Linux) or Mobile phone (iOS 9 or Android 7)
Ledger Live App or desktop app

1. First, unbox the package, take out Ledger Nano X device, then press the button next to the USB port for 3 seconds. Next carefully read all the instructions.

Ledger Nano X review : turn on device

2. Press the two buttons together when the word phrase “Setup as new device” on the Ledger Nano X device.

Ledger Nano X review : setup device as new one

3. Next select pin code from 4 – 8 digits from the device screen, and write down it somewhere safe. You can change the pin digit pressing the right-side button, you can select the pin code pressing left side button.  Next, you should reenter the pin code & confirm it.

Ledger Nano X review enter new pin code

4. Next, you should write down the recovery key generated by the device. You can use the recovery sheet to write the recovery phrase. Note: you can’t see the recovery key on the Mobile app or Desktop app if you are already connected device to PC or mobile phone. Then you have to re-enter the recovery key and confirm it.

Ledger recovery phrase setup

5. Next screen, you will see “Access Dashboard” and press two buttons together. Now you are ready to install the apps such as Bitcoin, Ethereum, etc from the Desktop app or mobile app.

Ledger access dashboard

Here is a complete guide by Crypto Fiend,

Ledger Nano X review – is it worth to buy

Ledger Nano X device costs around 119USD, it is high price relatively Ledger Nano S and Trezor One device. Ledger Nano X comes up with new features states above, so it is a very fair price.

Also, it supports more than 1100+ coins and tokens, in case you can manage all coins and tokens in one place.

Also, Ledger Nano X supports many third-party wallets, decentralized exchanges, exchanges, blockchain games.

Finally, it is worth buying as a beginner-friendly wallet or upgrades to the new Ledger Nanoo X device are perfectly worth it if you are using Ledger Nano S.

Ledger Nano X alternatives

There are many Ledger Nano X alternatives. Take a look at comparisons of some properties with simple details.

Ledger Nano X vs Ledger Nano S

Ledger Nano X Ledger Nano S
Price 119 USD 59 USD
Coins supported 1100+ 1100+
Backup and recovery seed, Pin code Yes Yes
Display Full-color screen Monochrome screen
Storage No No
PC, smartphone connectivity PC connectivity with USB type C
Smartphone connectivity with Bluetooth
USB micro cable
Customer support Excellent Excellent
Battery 8 An hour in standby mode No

Ledger Nano X vs Trezor Model T

Ledger Nano X Trezor Model T
Price 119 USD 149 EUR
Coins supported 1100+ 1000+
Backup and recovery seed, Pin code Yes Yes
Display Full-color screen Full-color touch screen
Storage No micro SD card + Encrypted cloud storage
PC, smartphone connectivity PC connectivity with USB type C
Smartphone connectivity with Bluetooth
USB type C
Customer support Excellent Excellent
Battery 8 hour in standby mode No

Ledger Nano X vs Trezor One

Ledger Nano X Trezor One
Price 119 USD 59 EUR
Coins supported 1100+ 1000+
Backup and recovery seed, Pin code Yes Yes
Display Full-color screen Monochrome screen
Storage No Encrypted cloud storage
PC, smartphone connectivity PC connectivity with USB type C
Smartphone connectivity with Bluetooth
Micro USB
Customer support Excellent Excellent
Battery 8 hour in standby mode No

Ledger Nano X vs Keepkey

Ledger Nano X KeepKey
Price 119 USD 49 USD
Coins supported 1100+ 40+ in device & 1000+ with MEW
Backup and recovery seed, Pin code Yes Yes
Display Full-color screen Monochrome screen
Storage No NaN
PC, smartphone connectivity PC connectivity with USB type C
Smartphone connectivity with Bluetooth
Micro USB
Customer support Excellent Excellent
Battery 8 hour in standby mode No

Ledger Nano X review – FAQs

Is Ledger Nano X safe?

Yes definitely, there is no complaint the Ledger Nano X hacked or something bad news. Also, Ledger Nano X has integrated the best possible security features and industry standards

What is the difference between Ledger Nano S and X?

There are many differences between Ledger Nano S and X. Mainly, the price is different from both devices. Ledger Nano X allows installing natively up to 100 apps in the device but Ledger Nano S allows up to 20 apps. Ledger Nano S supports only the Android Ledger Live app but Ledger Nano X supports both Android and iOS Ledger Live apps. Also, Ledger Nano X supports Bluetooth connection and Ledger Nano S does not support the Bluetooth connection for mobile devices

What coins does Ledger Nano X support?

Ledger Nano X supports all most every major coins and tokens, also it is supporting every ERC 20, ERC 721, TRC10 and TRC 20, BEP 2, and NEP 5 token standards

How much cost Ledger Nano X?

Currently, the market price is 119$ and free shipping is offered

How do I upgrade Ledger Nano S to Ledger Nano X?

There is recovery seed generated during the device setup, so you can use that recovery seed to recover your all device funds

Does it support ERC 20 tokens?

Yes, Ledger Nano X supports all ERC 20 tokens and It works with ERC 20 wallets such as MEW, MyCrypto, etc.

Conclusion – Ledger Nano X review

In this article consist of Ledger Nano X review. You will learn many new features of the Ledger Nano X other than the Ledger Nano S. According to comparison, Ledger Nano X is worth buy relatively Trezor Model T devices and other similar alternatives. If you have any questions feel free to comment below.

Ledger Nano X

$119
4.7

Ease of Use

4.5/5

Coin or token support

5.0/5

Customer support

4.3/5

Price & Shipping

5.0/5

Pros

  • Pin code entry is increasing the device security
  • 1100+ coins and tokens support
  • Wireless connectivity
  • Excellent customer support

Cons

  • It is a physical device, can be lost or broken
  • Relative high cost than Ledger Nano S

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