Ledger is perhaps the most famous brand when it comes to cryptocurrency hardware wallets. The company has released several different hardware solutions for storing cryptocurrency private keys over the past years, but two of their most popular offerings are the Ledger Nano S and Ledger Nano X. Let's take a closer look at these two specific models so you can better understand which one will be the best. option for your specific needs.
We also recommend that you familiarize yourself with our articles and reviews of other cryptocurrency wallets
Review Ledger Nano S
Ledger Nano S is a major product when it comes to the cryptocurrency hardware wallet market. This is basically a model T of hardware wallets, as it provides a high level of security and functionality for the general public at an affordable price.
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”]
Review Ledger Nano X
The Ledger Nano X is a new hardware wallet that builds on the foundation of the Ledger Nano S. The Ledger Nano X includes a variety of new features, including everything from a higher resolution screen to Bluetooth functionality.
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Ledger Nano S vs Ledger Nano X
| Information | Ledger Nano S | Ledger Nano X |
|---|---|---|
| Headquarters | Paris, France | Paris, France |
| Price | $59 | $119 |
| Security level | High | High |
| Security features | Certified secure element, ANSSI certification, passphrases, PIN codes | Certified secure element, ANSSI certification, passphrases, PIN codes |
| Suitable for beginners | Yes | Yes |
| Pin | Yes | Yes |
| Cryptocurrencies Supported | Bitcoin, Ethereum (1,100+) | Bitcoin, Ethereum, (1,100+) |
| Software | Yes | Yes |
| Year of construction | 2016 | 2019 |
| Smartphone support | No | Yes |
| Built in battery | No | Yes |
Friendliness for a beginner
The level of friendliness offered to novice cryptocurrency users by these two devices is basically the same. This is due to the fact that the same company is behind both products, and the same software is used to manage both of these devices. It is possible that the particular wallet software chosen by the user will be more important than hardware devices when it comes to newbies.
However, the fact that the Ledger Nano X supports Bluetooth connectivity means that it gets a slight advantage in terms of beginner experience. This additional functionality is especially useful for connecting the device to smartphones, since the user no longer needs to carry an additional cord with him everywhere to connect the smartphone to a hardware wallet.
In the end, Ledger may want to release a touch-screen device to further improve user experience, especially when it comes to entering PIN codes and passphrases.
Trust and security
There are many things worth paying attention to in terms of the differences between the Ledger Nano S and the Ledger Nano X when it comes to trust and security. Both products require users to trust Ledger to create a secure hardware wallet.
Some cryptocurrency users will find that the lack of differences in security features between the two devices makes the Ledger Nano S an obvious choice, as security is much more important than anything else when it comes to comparing hardware wallets.
All the extra features that come with the Ledger Nano X have nothing to do with security. However, the presence of the Bluetooth function on the Ledger Nano X makes it more likely that the average user will consider using their hardware wallet for cryptocurrency expenses made through a smartphone.
Hardware
The obvious difference between the Ledger Nano S and the Ledger Nano X is the ability to connect to the device via Bluetooth using the Ledger Nano X. In addition, the device does not have any additional security device or anything like the Ledger Nano X.
However, there are other cosmetic differences between the two devices. Perhaps most notably, Ledger Nano can store far more applications than Ledger Nano S. This additional storage capacity makes Ledger Nano X a more useful device for people who store and carry out operations with various crypto assets. on a regular basis.
In addition, Ledger Nano X can be used in battery mode, which means that it does not need to be connected to an electrical outlet, computer or smartphone to work. This is especially useful when it comes to pairing a hardware wallet with a smartphone. It is worth noting that the Ledger Nano X is larger and weighs more than the Ledger Nano S.
Installation and configuration process
The installation process of your Ledger device will depend on which wallet software you decide to associate with the hardware wallet. Here's what it looks like when you choose the default Ledger Live software.
First, you will need to create a new wallet on the device. The device will generate unique private keys to store your crypto assets, and you will need to back up these keys using the 24-word recovery phrase that the device will create. You will not be able to complete the installation process if you do not write these words, and the hardware wallet will give you a pop test for recovery words to verify this.
To set up a new device, connect the Ledger Nano S or Ledger Nano X to the computer via the USB cable that is included with the hardware wallet. If the device asks for a PIN code at the first connection, you should contact Ledger, as this may lead to a security problem on your device.
Then you will find the option “Install as new device” using two buttons on the hardware device. Select this option by pressing both buttons on the hardware wallet at the same time.
Next, you will be asked to select a PIN code. This will be a little cumbersome as you can only use the two hardware buttons on the device to select your PIN.
The last step is to write down the aforementioned recovery phrase, which will allow you to restore access to your funds in a situation where something is wrong with the hardware wallet. Remember to be very careful with your recovery seed, as anyone with access to it will be able to access your cryptocurrency holdings. Also, you will not be able to access your funds without recovery words if you lose your hardware wallet or it stops functioning properly.
Available cryptocurrencies
Both devices from Ledger have extensive support for various cryptographic assets. Everything from Bitcoin to Dogecoin can be stored on these devices, and more than 1100 crypto assets are generally supported.
It should be noted that users who like to store a wide variety of cryptocurrencies will want to choose Ledger Nano X, since Ledger Nano S can only support from 3 to 6 cryptographic applications at a time.
Application compatibility
Both of these Ledger hardware wallets are supported by over 50 different cryptocurrency wallets. If you use a Bitcoin or cryptocurrency wallet that supports hardware wallets, then you can guarantee that Ledger Nano S and Ledger Nano X will work with this wallet.
Ledger also has its own wallet software that can be used on Android, iOS and your desktop computer. You can access your crypto assets on a hardware device from the wallet software.
Otherness
The standout features go a little bit one way as the Ledger Nano X is basically an improved version of the Ledger Nano S.
Despite the fact that there are several key differences between the two devices, two specific functions stand out from the rest: the Bluetooth connection and the number of different applications that can be installed simultaneously. Users who want to use a hardware wallet to store a large number of various crypto assets and want to regularly conduct operations with them from their mobile device will want to take a closer look at these two functions.
Hack and predictor Aviator
If money is not an obstacle for you, then there is no reason to reject the Ledger Nano X; however, the Ledger Nano S may be the optimal and inexpensive solution for the vast majority of cryptocurrency users. Again, in reality, the Ledger Nano X does not have any security-related advantages, so it comes down to a small number of additional functions related to connecting to a smartphone or storing a large number of various cryptocurrencies.
If you need additional features that are in the Ledger Nano X, then by all means spend on this new version of Ledger. However, most people who just want to keep their bitcoins securely will be happy with the Ledger Nano S.