Thanks for visiting our site! If you are an advanced crypto user, concerned about past and latest exchange hacks (MT. Gox; FTX; etc), join us to discover the latest crypto revolution that can allow you real quick to take full custody of your own crypto. In this article we will review Ledger Nano X, one of the best crypto wallet available on the market.
Evaluation Parameters:
Design and Materials: 8.2
Security: 9.4
User interface: 7.6
Value for money: 7.5
1. Design and Materials:
Sleek and minimalist are the words we feel are most appropriate to describe the style of Nano X, the flagship cold wallet from French company Ledger. The choice of aluminum and black plastic seems to be a tribute to the professional laptops of the famous Cupertino company. The original design and construction of this admirable device takes place entirely in France.
While handling this product made of safe, valuable and durable materials, we are not dealing with a luxury item or status symbol; Nano X is a work of cutting-edge technology and considerable complexity made easy through skillful planning and design. It is pleasant to handle and arouses quite a bit of curiosity in those who see it for the first time.
Just two round buttons make the whole device working. We find the idea of the hinge button around which the entire metal cover revolves original; it also remains the only one of the two visible when we decide to close the device. The buttons emit a click when pressed making password entry at power-up a gestural ritual that we find pleasing if not satisfactory.
The backlit display is small, minimal, black and white, and of modest resolution. The fonts and numbers are clear and the icons of installed applications are well recognizable but very small: those wearing glasses may have some discomfort adjusting their vision to the screen. However, we must admit that small fonts provide more privacy from prying eyes.
A sturdy lanyard of synthetic fabric allows us to tie the wallet to a key ring via an included loop. We didn’t find it to be one of the sturdiest keychains we’ve ever seen, but it is useful to handle it without the risk of dropping it. Somewhat annoying is the frequent need to tighten the lanyard almost every time the device is closed.
The aluminum of the case given its porosity is prone to filling with fingerprints and yellowing easily; cleaning the surface is quick and easy but must be done fairly regularly.
2. Security:
Cold wallets are electronic tools adopted by companies and individuals to protect cryptocurrencies from cyber attacks; you can accomplish this task by storing private keys, the only ones capable of authenticating digital currency transfer, in an electronic environment outside your Internet-connected computer.
Even if our digital defenses collapsed or the transaction took place over a public wi-fi network, our keys could not be downloaded by the modern bandits of the digital universe thanks to a device like Ledger’s Nano X.
In any case, in order to avoid creating breaches in our security, we will have to be fiscal in following the instructions provided especially when creating the unlock password and securely copying the reset words; saving them in the phone’s gallery is definitely a no-no.
We feel like recommending this wallet only to users who really want the benefits of having real ownership of their cryptos and secure access to decentralized finance applications to manage their assets personally from anywhere over the intenet.
Ledger is a company that promotes the concept of real financial independence through personal ownership and management of one’s digital assets to the point of no return “Be your own bank.” This concept excites us quite a lot and convinced us to try it out for ourselves. Even if the risks of having your own crypto stolen from hackers are almost zero, please remember that now your values are just in your own hand and you need to very careful in making transactions as they are not reversible!
The option of saving a full backup to another device is also offered for an extra chance of data recovery.
3. User interface:
Interfacing with Ledger Nano X requires Ledger Live software with which all cryptocurrency transfer operations are managed and it is also possible to update the device’s firmware and reset it if necessary.
Ledger Live is easy to use and is frequently updated. The program’s graphical interface is excellent and well-made down to the single icon. Its basic functions are easy to manage and understand, and connectivity is great both via usb and bluetooth that also allows you to operate with smartphones wherever you are.
It is possible to protect access to the application by secret pin and conceal the budget and name of one’s accounts: you can now operate even among other people while respecting your privacy.
Most Android and iOS systems are supported, and the mobile application has the same functions as the desktop version. We encountered a few bugs that made it necessary to occasionally restart the applications especially when some new option was added but overall functionality has always been more than good.
Ledger live allows you to interface with applications developed by third parties to exchange and manage your digital assets without having to enter any data into external sites; just authenticate the transaction with your wallet and you’re done.
Really experienced users can also develop new applications and make them available to the large community. You can also use the wallet to autenticate transactions on open source wallets like Electrum for extra privacy.
Two aspects in our opinion that really need to be improved are the demands for computer resources that challenge older mobile devices and the statistical charts that in our opinion are too simple and do not offer all those analysis tools that professionals use; but on desktop you can always use other applications and programs: Ledger Nano X is fully interfaceable with third party software!
4. Value for money:
Ledger Nano X is sold on the brand’s original store for quite higher price than the competition that we decided to pay for an aesthetically original product that offers features not yet integrated in many other digital wallets.
This little and not cheap marvel of European engineering is for you if you are ready to take a step toward real custody of your assets by taking advantage of a user-friendly ecosystem of decentralized applications.
We conclude this article by thanking all readers for their attention and curiosity about this revolutionary technology.