Ledger Nano X review
- Supported assets
- 5,500
- Price (USD)
- $149
- Wallet type
- Hardware wallet
Our verdict
The top-tier Ledger Nano X lets you go mobile and do more with your crypto.
The Nano X is one of the most secure and feature-rich hardware wallets on the market today.
If you invest in a broad range of crypto assets, you'll appreciate being able to store the private keys to over 5,500 digital assets as well as your NFTs offline.
And you can use your Nano X in conjunction with Ledger Live to buy and sell crypto with and for fiat or to swap one crypto asset for another.
Bluetooth connectivity lets you take your wallet on the go with iOS and Android. But if you're not concerned about mobile connectivity, the more affordable Nano S Plus will likely give you everything you need.
Keep in mind that Ledger's staking UI has never been its strength, but this is a small trade-off for safely storing the private keys to your digital assets offline while you put your assets to work.
Before purchasing the Nano X — or any crypto wallet for that matter — do your research on other crypto wallets in deciding which is best for you.
It bears remembering, though, that hardware wallets like the Nano X are still widely considered one of the safest ways to store your crypto, particularly if you're a high-volume investor or plan on holding for the long term.
Pros
-
Large screen size (128 x 64px)
-
Supports 5,500+ tokens
-
Runs up to 100 apps simultaneously
-
Highly secure; CC EAL 5+ rating
-
Native support for NFTs
-
Bluetooth enabled
-
Android and iOS compatible
-
Can buy and sell crypto directly from your wallet
Cons
-
No touch screen
-
Buttons can be slow to use
-
Can't stake many cryptos via Ledger Live
-
Inputting PIN repeatedly can be tedious
-
Ledger Live firmware updates can enable recovery phrase extraction
I purchased the Ledger Nano X after using the Ledger Nano S for years. The Nano X's larger screen makes reading transaction information easier, and the extra space between the two buttons on top of the device make signing transactions a bit less of a clumsy process.
Frank Corva
Senior analyst
Our Ledger Nano X unboxing
What's in the box?
⚠️ Must read
Before using your Ledger Nano X, carefully check the shrink wrap and box for any evidence of tampering.
If someone has accessed your device, it may be vulnerable to hacking and theft of funds.
Contact Ledger support if you have any concerns about the integrity of your device.
You'll find the following items inside the box for your Ledger Nano X:
- Ledger Nano X device
- USB-C cable used to connect the device to your computer
- A cardboard "Getting started" envelope containing
- Directions.
- A use, care and regulatory statement.
- Three recovery phrase sheets.
- A Ledger sticker
Nano X plus price
The Ledger Nano X sells for US$149 through Ledger's official website.
This price point is almost double that of the Nano S Plus (US$79) and the discontinued Nano S (US$59).
While the Nano X is more expensive than Ledger's other wallets, it's cheaper than comparable hardware wallets from competitors, like the Trezor Model T, which retails for US$179.
Where to buy the Nano X in Australia
Purchase the Nano X directly from Ledger's website - and not from a third party - to reduce the chances of someone tampering with your device before it reaches you.
If you decide to buy from a reseller, the authorised retailers listed on Ledger's site are the only ones you should consider.
Nano X supported coins
The Nano X can store private keys to more than 5,500 digital assets, just like the Nano S Plus and the Ledger Stax.
If being able to manage a wide range of coins is important to you, you'll be hard-pressed to find a better cold storage wallet outside of Ledger's line. Trezor's range of wallets comes in next best with support for around 9,000 assets.
The Nano X is superior to Ledger's other devices in terms of asset storage because it has 2MB of storage capacity compared to the Nano S Plus and the Ledger Stax, which both have 1.5MB of storage capacity. This means that the device has more capacity to run crypto apps and store the keys to more crypto assets simultaneously.
Managing NFTs on the Nano X
You can also store the private keys to your NFTs on your Ledger Nano X.
With native support from the Ledger Live app, you can view and manage your NFTs on the Ethereum and Polygon blockchains.
You can also store the private keys to NFTs on other blockchains like Solana and Cardano on your device, but you'll have to sync your Nano X with a third-party app like MetaMask.
Ledger Nano X security
All Ledger hardware wallets, including the Nano X, benefit from the same top-level security rating.
As a French company, Ledger has The National Cybersecurity Agency of France conduct a range of evaluations to verify device security.
All Ledger devices use Secure Element chips, which are also used in credit cards, passports and SIM cards. This level of chip isn't a requirement for hardware wallets, but Ledger opts to use it for added security.
Ledger devices pass the Common Criteria security evaluation, an international standard for state requirements and banking cards, and earn an Evaluation Assurance Level (EAL) 5+ certificate.
An EAL 5+ certificate indicates that a device offers:
- The highest level of defence against penetration — or hacking — attempts.
- Protection from both remote and physical attacks.
Ledger states on its site that "going beyond EAL 5+ doesn't provide a higher assurance against attacks anymore."
With that said, Ledger made its users second guess just how secure its devices were when it announced its Ledger Recover feature in May 2023.
Ledger Recover is a backup service for the secret recovery phrase that protects the devices' private keys. Ledger users who opt to use the service will give permission to Ledger to extract their secret recovery phrase via the Ledger Live firmware before the key is sharded (broken into pieces) and stored with three different custodians in three different countries.
Prior to the Ledger Recover announcement, Ledger users were unaware that Ledger had the power to extract the private keys from their devices. The fact that Ledger has the power to do this may raise concerns for some users about potential vulnerabilities.
Does the Nano X's Bluetooth functionality make it susceptible to a hack?
Ledger has denied concerns that the Nano X's Bluetooth functionality makes it vulnerable to data interception.
Its website states, "Only public data is transmitted via Bluetooth; critical data such as private keys and recovery phrases never leave the device."
The website also explains that critical data on the Nano X is protected by its Secure Element chip, which has never been hacked on a Ledger device.
Ledger Nano products compared
| Ledger Nano X | Ledger Nano S Plus | Ledger Nano S | |
|---|---|---|---|
 Finder rating
★★★★★ |  Finder rating
★★★★★ |  Finder rating
★★★★★ | |
| Dimensions | 72 x 18.6 x 11.75mm | 62.39 x 17.40 x 8.24mm | 56.95 x 17.40 x 9.11mm |
| Weight | 34g | 21g | 16.2g |
| Screen size | 128 x 64px | 128 x 64px | 128 x 32px |
| Coin support | 5,500+ | 5,500+ | 5,500+ |
| Apps that can run simultaneously | Up to 100 | Up to 100 | Up to 6 |
| Storage capacity | 2MB | 1.5MB | 320KB |
| Bluetooth | ✅ | ❌ | ❌ |
| Battery life | 8 hours | No battery | No battery |
| Connection type | USB-A to USB-C | USB-A to USB-C | USB-A to Micro USB |
| Native NFT support | ✅ | ✅ | ❌ |
| Security rating | CC EAL5+ | CC EAL5+ | CC EAL5+ |
| Mobile phone compatibility | Android, iOS | Android | Android |
| Supported desktop OS | Windows 8+, macOS 10.10+, and Linux | Windows 8+, macOS 10.10+, and Linux | Windows 8+, macOS 10.10+, and Linux |
| Price (USD) | $149 | $79 | $59 |
| Buy the Nano X | Buy the Nano S Plus | No longer for sale |
Nano X vs. Nano S Plus
The Nano X and the Nano S Plus have many of the same functionalities. They both:
- Support over 5,500 digital assets.
- Manage NFTs.
- Allow you to run up to 100 apps simultaneously.
But the two devices differ in the following ways:
- The Nano X has Bluetooth functionality while the Nano S Plus doesn't.
- The Nano X is iOS compatible and the Nano S Plus isn't.
- The Nano X can operate on a battery — without being plugged into a computer or mobile device — while the Nano S Plus must be plugged in to operate.
From bottom to top: Nano S, Nano S Plus, Nano XHow to set up the Nano X
Make sure that the box's shrink wrap hasn't been compromised before setting up your Nano X. If it has, your device may be susceptible to a hack, and you should not proceed with setup.
Follow these steps to set up your Nano X device:
- Download Ledger Live software to your desktop computer. Once it's installed, open the Ledger Live app.
- Read and accept the terms and conditions.
- Select Nano X, then choose the Set up a new Nano X option.
- Review the educational slides. Hit OK, I'm ready in the bottom right corner of the app, then connect your Nano X to your computer.
- Scroll through the welcome message on the Nano X using the button at the top right.
- Select both buttons at the top of the device simultaneously after you arrive at the message Set Up As New Device.
- Create a four- to eight-digit PIN code. Write down and store this PIN in a safe place.
- Write down your 24-word recovery seed phrase at the prompt and store it in a secure place. Confirm the phrase.
How to use the Ledger Nano X
To use your Nano X, you'll need to set up the Ledger Live app on your desktop computer or phone.Connecting with Ledger Live:
- Open the Ledger Live app on your desktop.
- Input your Ledger Live password if you created one.
- Plug your Nano X into your computer.
- Input the PIN code for your Nano X.
You'll see your digital asset balances via Ledger Live after following these steps.
Nano X alternatives
Hardware wallet ratings methodology
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We rate cryptocurrency hardware wallets by scoring each wallet out of 10 for 3 components: security, functionality and cost. Each component is weighted based on importance, as follows:
- Security: 50%
- Functionality: 40%
- Cost: 10%
These scores are aggregated and visualised as a total score out of 5 stars.
Read the full methodology on how we rate cryptocurrency hardware wallets.
Frequently asked questions
- "Bluetooth protocol vulnerability," Ledger, Apr. 1, 2022
- "Set up Bluetooth connection," Ledger, Apr. 20, 2022
- "Install, uninstall, and update apps," Ledger, Apr. 25, 2022
- "Set up and use Polkadot.js to access your Ledger Polkadot (DOT) accounts," Ledger, Apr. 22, 2022
- "How to migrate crypto from a Ledger Nano S to a Ledger Nano S Plus," Ledger, Apr. 20, 2022
- "Set pin lock and power off," Ledger, Jun. 7, 2022
- "How to buy crypto through Ledger with Moonpay?", Ledger, July 6, 2022
Your reviews
Frank Finder
Senior analyst
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