We Know Cryptos Logo

The Legendary Ledger Nano S & The New Next-Generation Nano X Hardware Wallets

the legendary ledger nano s and the next generation nano x hardware wallets

Ledger Nano S and Ledger Nano X

The Ledger cryptocurrency hardware wallets, which include the legendary Ledger Nano S and the next-generation Nano X, offer high-end industry-leading security by utilizing a secure chip and a proprietary operating system.

With Ledger live App and over 3 million+ sales, the ledger series is the market leader in the cryptocurrency hardware wallet arena.

Advantages of the Ledger Nano hardware wallets.

The Ledger Nano series, which resembles a USB flash drive, supports and can transfer and receive more than 1800 cryptocurrencies and tokens directly from your smartphone or computer via the Ledger Live app, which serves as a one-stop-shop for your crypto.

With their partners, you can buy, sell, stake, lend, exchange, and increase your assets. When you need to sell bitcoin for fiat currency, Ledger Live is your solution. Both the Ledger Nano devices function with Windows 8+ and Mac OS and Android 7+ and iOS 9+ smartphones.

Ledger Nano S

The Ledger Nano S is the ideal cost-effective and secure alternative for new or occasional crypto investors who wish to keep their funds safe and secure offline.

The Nano S supports 20 apps (but you will only be able to run 6 at a time due to storage limitations), 100+ coins, and over 1,000 tokens. Stablecoins are supported, despite the fact that users cannot store fiat currency. Ledger supports 23 coins directly, with the rest supported by installed third-party applications.

Ledger Nano X

The Nano X has increased RAM and ROM storage, with enough space for up to 100 crypto applications. The next-generation device also has Bluetooth connectivity, allowing users to link it to their smartphones and computers without the need for a USB cord.

The Nano X also includes a 100mAh lithium-ion battery (0.37Wh = 1 cell) that may last up to five hours while sending and receiving money.

ledger nano x breakdown of components, 2 button athentication on 1 screen. insert board with certified secure chip and proprietery operating system. stainless steel cover.

How secure is the Ledger Nano series?

People buy cryptocurrency wallets for a variety of reasons, the most common of which being security. Both the Ledger Nano S and X offer the same level of security, running on Ledger's unique operating system, BOLOS, and featuring custom CC EAL5+ secure chips ST33J2M0 + STM32WB55.

Ledger is the only hardware wallet maker that uses Secure Element chips and the Blockchain Open Ledger Operating System (BOLOS).

The French National Agency for the Security of Information Systems conducts an independent examination of Ledger wallets, making them the first and only hardware wallets on the market to be approved for security (ANSSI).

Additional security precautions are also in place at the user level. To buy altcoin, for example, users must physically press both buttons on the device at the same time, rendering it uncrackable by a hacker.

The hardware wallet requires a four-digit PIN, and users are given a 24-word recovery phrase to keep in a secure, offline location.

Because your private keys are stored on a secure chip, you have complete control over them.

The developers also issue firmware updates regularly, as a result, you must upgrade your hardware device regularly to keep it secure.

Ledger is a company based in France that was founded in 2014. It has used more than seven years of experience to build one of the best cryptocurrency storage devices on the market.

How to obtain your Ledger wallet.

Only purchase your Ledger Nano hardware wallet from an authorized reseller, as Ledger has created a genuine check authentication method to ensure that your device has not been tampered with or compromised by a third party, and go to the Ledger website to download the ledger live app and firmware updates, which you may access by clicking the links below.

You can alternatively download the App from your smartphone's app store, such as the Google Play Store or the iTunes Store.

Ledger Nano S

Ledger Nano X

Ledger Live App

We Know Cryptos Logo

Legal Disclaimer

The Content on this site is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Click here for more information.

Affiliate Disclosure

Some of the links on this website are affiliate referrals. They DO NOT cost you any money at all, but rather gives the author of the content a small commission from the exchange, apps, or companies side they are explaining about. It helps them to continue adding great content to this platform.