Ledger Nano are the most popular wallet device series to date. Their “S” model which was released in 2016 was the first hardware wallet that sold over 1 million units worldwide and now they come up with an upgraded version, the Nano X model which has some very cool improvements. It’s truly a One-Fits-All type of device and I’ll tell you what I mean by that.
For starters, it has Bluetooth connectivity and a mobile phone app that finally allows for a wireless connection on the go. I’ve been using mobile wallet apps like Coinomi and Jaxx for a while, purely to have the easy access to my coins when I’m travelling, but with this new device I will not need to rely on cloud wallet services anymore, I can simply have all my coins with me and access them from my phone while at the same time having the security of the best hardware storage on the market.
Another great new improvement is the capacity of the device. The previous model was only able to store up to 5-6 coin apps so I ended up using 3 of these devices for my alts but with the Nano X this is no longer the case. This new device can store up to 100 coins, there are 1100+ supported coins and tokens to choose from so that means you can store all of your crypto assets in one place. At last.
In addition to these cool new features, the Ledger Nano X has enhanced security chips (two of them) and their SE(secure element) is what protects your private keys and seed phrase – they never leave the device, so even with Bluetooth connection being at risk (some would argue that Bluetooth itself is not very safe to use) the fact is that every action needs to be confirmed on the device itself and this way there’s no danger of having your money sent without your approval.
Now, on to the actual setting up guide. Here is my video tutorial where I take you step by step through the process.
You can order your Nano X (or Nano S if you prefer) from HERE.
The application that you need in order to control the device and sync it is called Ledger Live and it’s available for both desktop computers and mobile devices. The link to download it is: https://shop.ledger.com/pages/ledger-live.
Other useful links to use are:
Ledger Support (setting up instructions)
Ledger Security Features explained.
List of all Supported Crypto Assets.