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Anyone can follow the directions and set up their device in about five minutes or less. The Ledger Live app guides users through setup, including offering suggestions for extra security. But the lack of a touchscreen means you may need to click back and forth a bit more. The buttons let you navigate the device menu easily. The USB device has two buttons and a display screen.
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But active traders prefer the Nano X because they can hold onto a variety of currencies and tokens and access their assets easily from an iOS or Android phone.īoth hardware wallets are easy to set up and use, even for beginners. Investors wanting to store a few types of cryptocurrencies will find that the Nano S fits their needs. The higher-priced Nano X allows users to add up to 100 crypto apps and offers Bluetooth, whereas the cheaper Nano S supports up to three crypto apps and isn’t Bluetooth-enabled. In contrast, a Nano X costs $119 and comes with a USB-C cable. But you’ll need to buy an OTG kit for $17.99 to connect your Nano S to an Android smartphone. A Nano S costs $59 and comes with a micro USB-B cable. The price is one of the biggest differences between the devices. This incident is unrelated to the Nano devices but still raises concerns. That said, it’s important to note that the company suffered a data breach to their marketing and e-commerce database in July of 2020, exposing email addresses, names, and phone numbers for roughly one million customers.

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However, your seed phrase and private keys don’t leave your device because the Bluetooth connection only transfers public data.
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Unlike other hardware wallets, Ledger devices use a proprietary operating system (OS) called the Blockchain Open Ledger Operating System (BOLOS). Moreover, the French National Agency for the Security of Information Systems (ANSSI) independently audited and verified the Nano S and X security. The chips are certified using the Common Criteria (CC) EAL5+ process. Similar to air-gapped cold storage, the device stores private keys on the secure chip, so they’re never exposed. For starters, the company uses certified Secure Element (SE) chips which are tamper-resistant and often referred to as hardened microcontrollers. However, there are dozens of assets that can be stored on your USB wallet but aren't supported on the Ledger Live app, such as:īoth Ledger devices offer the same industry-standard security.

When using the Ledger Live mobile app, investors can manage more than 1,800 tokens and coins, and it’s compatible with over 50 wallets. Nano S and X also support the following tokens: Finally, while neither hardware wallet comes with a touchscreen, the Nano X display has twice the number of pixels (128 x 64), making it easier to read.īoth Ledger hardware wallets are compatible with more than 1,800 altcoins, including popular cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), LINK Chainlink (LINK), Litecoin (LTC), Cardano (ADA), Stellar (XLM), and Polkadot (DOT). Unfortunately, though, the battery is only designed to last five years and cannot be replaced. Plus, the Nano X features a larger 100mAh battery, allowing for several hours of continuous use without recharging. In contrast, you’ll need to purchase a set of three USB cables, called an on-the-go (OTG) kit, to use the Nano S with your smartphone or desktop. The Nano X has Bluetooth to easily connect to your mobile phone, or you can use the included USB-C to USB-A cable. In contrast, Nano X supports desktops, iOS, and Android devices.
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But, Nano S users can only access Ledger Live via a Windows, Linux, Mac desktop, or Android 7+ device. Both work with the Ledger Live mobile app, where investors can check crypto balances and make online transactions. They’re among the best Bitcoin wallets and have millions of users. Ledger Nano S and X are USB storage wallets that let users keep cryptocurrency stored safely offline.
