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Review on Ledger Nano X by Steven Jacobs

Revainrating 5 out of 5

The best hardware wallet crypto can buy

This is a massive improvement to the nano s (which was also a great product).

Its very easy and straight forward to setup. The app will walk you through step by step as well as inform you on best practices which is great for new crypto investors.

My personal favorite features are the built in battery and bluetooth capability. This allows me to access my hardware wallet on the go from my phone making it easy to connect to dapps and check staking balances.

The Ledger Live app is well designed and works flawlessly on all platforms, which is important for me as I use mac, iphone and windows, and having access to my wallet on whatever platform im currently using just convient and the way crypto should be.

I do use some software wallets buy I try to keep the majority of my crypto in this hardware wallet for the added security. The ledger will generate the private keys on the device inside its secure enclave. Which means the private keys never leaves the device, increasing the security of your assets.

Which brings me to the only downside of using the Ledger if you already have crypto staked in dapps or have approved crypo for contracts with another wallet, then it will cost in gas fees to move your crypto to the Ledger and restake with the new wallet. Its just the cost of gas in the crypto world right now, there really is no way around it, and I dont blame the Ledger for this... The sooner you get a Ledger the better.

You really should not import private keys that were generated outside the device as this would bypass the security of using a Ledger in the first place, so you will just have to deal with the inital gas fees of moving your crypto.

To sum it up, there simply is no better way to secure all your cryptocurrencies and tokens.



Pros
  • Easy, Beautiful, Secure
Cons
  • None