Ledger Nano X Review: Is It Worth Buying This Upgrade?

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Ledger Nano X Review - is it worth the $119 Price Tag? Is the new Bluetooth Feature secure and safe. Nano X's security features, cryptocurrency support and hardware design. https://www.boxmining.com/l...

Ledger Nano X Review - is it worth the $119 Price Tag? Is the new Bluetooth Feature secure and safe. Nano X's security features, cryptocurrency support and hardware design. https://www.boxmining.com/ledger-nano-x-review/ 🛒Buy Ledger Nano X: http://boxmining.co/ledger 🔒Ledger Nano X review article: https://www.boxmining.com/ledger-nano-x-review/ 🔑Ledger Nano X setup guide: https://www.boxmining.com/ledger-nano-x-guide/ Supported assets: https://shop.ledger.com/pages/supported-crypto-assets 0:00 Introduction 1:13 Security features 2:33 Hardware design 3:29 Supported cryptocurrencies 4:32 Mobility of device- Ledger Live app 6:40 Verdict- Is Ledger Nano X worth buying? 👍🏻Subscribe to Boxmining for Cryptocurrency Insight and News: https://www.youtube.com/c/boxmining 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave 📲Enjin Wallet: http://boxmining.co/enjin 👍🏻Unstoppable Domain: http://boxmining.co/unstoppable 📲Binance Exchange : http://boxmining.co/binance #Bitcoin #Ethereum #Cryptocurrency ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Telegram groups (Discuss Crypto with us!) Telegram Discussion Group: https://t.me/boxminingChannel Telegram Announcements: https://t.me/boxminingChannel ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ♨️Social (Add me on Social Media!) Instagram: https://www.instagram.com/boxmining/ Twitter: https://twitter.com/boxmining Facebook: https://www.facebook.com/boxmining Steemit: https://steemit.com/@boxmining ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●

AI Analysis

The Ledger Nano X is here, and it's a significant upgrade from its predecessor, the Nano S. This review dives deep into its security features, hardware design, extensive cryptocurrency support, and its new-found mobility via the Ledger Live app, all to help you decide if its $119 price tag is justified. The core reason for investing in a hardware wallet like this is enhanced security, protecting your private keys from compromised computers and potential hackers.

Here's a breakdown of the key aspects:

* Security Features:
* Hardware wallets are crucial because even if your computer is compromised by a hacker, they cannot access your private keys stored on the device. This prevents them from stealing your crypto.
* The Ledger Nano X features two distinct chips for security: an STM32WB55 processor, which is intentionally low-end to be more secure and less prone to hacking, and a secure element chip.
* The secure element chip is the most critical part; it's widely used in banking and passports and is specifically designed to store your cryptocurrency keys, ensuring they never leave the chip. This provides the best security money can buy for these types of devices.
* Regarding Bluetooth, a common concern, the device is designed with the assumption that Bluetooth communications could be compromised. Therefore, it only sends pure transaction information, and hackers cannot take over the device via Bluetooth.
* Overall, the security setup, with its dual chips and secure element, earns a perfect 5 out of 5 rating.

* Hardware Design:
* Interacting with the device is done via two large, easy-to-press buttons (left and right) on the front, which is a notable improvement over the smaller, more awkward side buttons of the Nano S.
* While functional, the two-button input isn't as convenient as a touchscreen, especially when typing long characters or restoring the device, which is a minor drawback.
* It boasts a larger screen than the Nano S, which is a much-needed upgrade. This larger display shows the entirety of a transaction at once, eliminating the need to scroll through long addresses, making verification faster and safer.
* The device uses the modern USB Type-C interface.
* The hardware design receives a 4 out of 5 rating, primarily due to the limitations of the two-button input for certain tasks.

* Supported Cryptocurrencies and App Capacity:
* Ledger is known for its extensive coin support, and the Nano X continues this trend, supporting virtually every coin that the Nano S does. You can easily check their comprehensive list to see if your specific coin is supported.
* A significant upgrade and a primary reason to consider the Nano X is its greatly expanded memory. Previously, the Nano S had a limited number of apps it could install, forcing users to uninstall and reinstall apps to manage different cryptocurrencies.
* The Nano X eliminates this worry; it's possible to install a very large number of coins (73 coins were tested and installed without hitting the memory limit, with plenty of space left). This means you don't have to constantly juggle apps, making it much more convenient for users with diverse crypto portfolios.
* Its multi-currency support, especially the increased app capacity, is rated 5 out of 5.

* Mobility via Ledger Live App:
* The Ledger Nano X introduces Bluetooth connectivity, allowing it to connect to the Ledger Live mobile app on your phone. The mobile app itself is clean, easy to use, and functions similarly to the desktop version, allowing you to view accounts and transaction history.
* However, sending cryptocurrencies on the go requires an extra step: physically confirming the transaction on the Nano X device itself. This means unlocking the device, reviewing the transaction details (amount, address), and then confirming it with the physical buttons.
* This extra step makes it less ideal for small, on-the-go transactions like buying coffee, where convenience is paramount.
* Carrying a hardware wallet with a "whole ledger's worth of crypto" on the go also introduces significant security risks, including potential robbery at gunpoint in less safe areas.
* Ultimately, the mobility feature, while present, isn't considered a game-changer for daily, small transactions. It's more useful for home use or simply knowing the capability is there, rather than for truly spontaneous mobile use.

* Final Verdict:
* The decision to buy the Ledger Nano X ($119) over the cheaper Ledger Nano S ($59) largely depends on your specific needs.
* For those who manage a variety of cryptocurrencies and dislike the hassle of installing and uninstalling apps to save space, the Ledger Nano X's expanded memory is a significant deal-breaker in its favor.
* Both devices offer the same high level of security due to their secure elements.
* If you don't require the extra features like mobile support or a larger screen, and don't mind the app installation limits, the Nano S remains a perfectly good and cheaper option.
* However, for a more premium experience, especially with the unlimited app capacity, the Ledger Nano X is worth the extra cost.
* The overall rating for the Ledger Nano X comes in at a solid 4.4 out of 5.

Transcript

Well, it's finally here, the Ledger Nano X. In this video, we'll be looking at the security design, the hardware, the app compatibility, and the mobility, so taking up your crypto on the go to determine if the Ledger Nano X is worth it. At the end of the day, the reason why we're buying one of these is because of security. So say if you accidentally clicked an attachment that a mischievous co-worker sent you, or maybe clicked on a web link that a stranger sent you via email, your computer could...

Well, it's finally here, the Ledger Nano X. In this video, we'll be looking at the security design, the hardware, the app compatibility, and the mobility, so taking up your crypto on the go to determine if the Ledger Nano X is worth it. At the end of the day, the reason why we're buying one of these is because of security. So say if you accidentally clicked an attachment that a mischievous co-worker sent you, or maybe clicked on a web link that a stranger sent you via email, your computer could be compromised and hackers can't steal information from there. And if that information happens to be your private key, that means the hacker has access to all your crypto and can steal all of it. With a hard work wallet like this, even if a hacker gains access to your computer, they still can't reach and read the information here. They can't access your private key. And this is why people are willing to pay money for an extra device like this. That said though, there are many options out there like the Trezor or the KeepKey. And for this review, we'll be keeping these options in mind. So starting off with security, the Ledger Nano X has two separate chips to protect you. At its part, it's got the STM32WB55 chip. It's kind of like a very, very low-end processor. The reason why it's low-end is because it's more secure. It's less hard to hack. It's less features. At the most secure part of the device is another chip. It's called a secure element. And secure elements are used widely in the banking sector and on passports and such. The function of this chip is it stores our cryptocurrency keys. And it never leaves this chip area. Now the big question is, can we put it back? Oh my god, it still works. So with these two chips, you can rest assured that this is the best amount of security that money can buy on these hardware devices. Now there is a question, of course, about Bluetooth. Because having Bluetooth communications means that signals can be sent over radio communications. The good news is there's two parts. One is that the Bluetooth on this device is always assumed to be compromised. So it will never really send anything other than just pure transaction information. And hackers cannot take over the device by Bluetooth. So now hardware design. So in terms of interacting with the device, you have two buttons. So this is the left and right button. And it's used to do all the inputs on the device. In terms of just touch and feel, these buttons are relatively large. And they're easy to press. I think this is an upgrade from the side buttons that we have on the Ledger Nano S. Which is on the side. And it's a little bit kind of smaller and a little bit more awkward. Now in terms of two-button input, I do have to say it's not as convenient as, say, a touchscreen. In terms of other specs, it now has a larger screen. Which displays the entirety of a transaction. Which is much needed. The Ledger Nano S, it would have to scroll through the transaction. Which takes much longer to verify if the address is correct. It also uses the modern USB Type-C interface. The next part is what makes Ledger kind of stand out in the space. Which is how many different coins it supports. So before buying, you can definitely check out the list of what is supported. So just look for Ledger Nano X. And pretty much every single coin that is supported by the Ledger Nano S is also supported on the Ledger Nano X as well. The list is pretty huge, so you probably want to search it with Ctrl F to see if your favorite coin is there as well. So one of the complaints of the Ledger Nano S, which is the smaller version of this, is a limited number of apps it can install. Now with the new Ledger Nano X, like I seriously did this, guys. I installed every single coin there is on here. And I counted it, it's 73 coins. I did them, it took me almost 40 minutes. Like two snack breaks, one toilet break after. Yes, I installed everything without running into a memory limit. So that's a worry you don't have to care about on the Ledger Nano X. And it's probably one of the primary reasons why I would buy this. It's because I do have quite a few coins. And I don't like installing and uninstalling to just save up on space. All right, lastly, we want to talk about mobility. So the mobile app, so I got the Ledger live app on my phone right here and the screen is broadcasted here. And here's what we see on the device as well. So I tried my best to show you guys what's happening. So you can connect the device to Ledger Nano X, but in terms of usage, it's pretty much exactly the same as the desktop app. So once our accounts are added, for example, the Ethereum, I just added my collect ERC 1155 address. It's pretty simple. You can actually see the history and the accounts and use as normal. So in terms of actually sending cryptocurrencies on the go, the application itself is very clean and easy to use. But there is one extra step. So let's just say I want to select and send from my account. Scan with the QR code. I scanned it. I'm ready to send maybe a 0.1 eph to myself. Now, once I'm at this interface, I need to confirm it on the actual Nano X as well. So after synchronizing it, I need to really make sure that this device is now unlocked. Also, please don't have a pin that's 1234. That's not really smart. So now it will show up on the device, review the transaction. It will show the amount and final address to send it. And then I can send it and confirm it on the device. So it is an extra step. And this is something that I was kind of saying that on the go, if you're buying just coffee or sending very, very small amounts of Ethereum, you probably don't really want to go through the process of verifying it on the separate device over here. Quite frankly speaking, I can find very few reasons where Ashley really needs to take a large amount of cryptocurrencies on the go with me, especially a ledger, a whole ledger's worth of crypto. That's not really safe. I mean, depending on how safe your city is, someone might just kind of rob you on gunpoint and point a gun to your head and ask you to send them your crypto. That's one of the risks of carrying such a large amount of cryptocurrencies around. So in that sense, I think the ledger mobility feature is more reserved for sometimes at home or even just kind of knowing it's there. It's not a game breaker for me at the very least. So what's the final verdict when it comes to the ledger Nano X? Or are you better off just buying the ledger Nano S, which is a little bit cheaper at $59? So personally for me, this really depends on what you use it for. For me, the deal breaker is being able to install as many apps as I want onto this device. So I literally tried it 73 apps. Still, it has still more memory for more, which means I don't have to shift coins in and out via install, uninstall process. Now in terms of security, they're both exactly the same type of security. Basically, both of them have secure elements. So if you don't need those extra features, if you don't need mobile support, if you don't mind having a smaller screen, the cheaper option is definitely good. At the end of the day, I don't mind paying a little bit extra for a more premium device. In terms of rating, I give it a 5 out of 5 for security because it has two chips and more importantly, the secure element. And ledger has a reputation of being able to configure these properly. In terms of multi-currency support, I also give it a 5 out of 5. Hardware design, because of these two buttons, I still feel like maybe they could add a little bit extra, especially if you're typing in long characters or restoring the device. It's just a little bit annoying to just only use two buttons here. So those are my thoughts. So at the end, the conclusion is a 4.4 out of 5 for my Ledger Nano X review. And if you guys have any questions and comments and even set up procedures, go leave a comment down below. I'll try to answer them as much as possible. I also have a full review, a written review on my website, boxmining.com. I'm going to leave that on the comment section down there as well, because that will have like kind of a lot more written and detail on top of what I explained on this video. On top of that, if you guys want to support this channel and purchase either a Ledger Nano S or a Ledger Nano X, there's a comment, there's a link down below. And purchasing it with that link does help support this channel as well. And if your friends are getting into crypto, send them this video. Share it. Because at the end of the day, for them to have a very good knowledge about how to use one of these and set these up, it's absolutely important because then they won't lose sleep at night knowing that the crypto is safe. And there you go. That's the Ledger Nano X review. Thank you guys so much for watching. See you next time.