By
Tolu Ajiboye
February 23rd, 2024
The crypto wallet company Ledger has unveiled its new device — the Nano X that will be connected to mobile devices via the Ledger Live app.
When Ledger, a well-known crypto wallet firm, presented its Nano S device, it was a real revolution. This USB-sized device helps to secure people’s crypto thanks to an opportunity to keep them disconnected from the internet.
Nevertheless, Ledger is not going to stop at this point and is continuing wowing the community offering them new devices.
Ledger Goes Mobile
At the annual Consumer Electronics Show (CES) that took place in Las Vegas last weekend, Ledger revealed its new Bluetooth-enabled hardware wallet that is called the Ledger Nano X.
The unveiled Ledger Live Mobile App offers a wide range of features. For example, Nano X users can enjoy app-driven transactions and both Nano S and Nano X users can track their wallet balance via the app.
Speaking about their new mobile app, the company’s CEO Eric Larchevêque stated:
“The fact that we have a mobile application and it works with the Nano X is really the big evolution of the hardware for this lineup.”
Currently, the Ledger Live app can be downloaded by Windows and Linux OS users and iOS and Android will have a possibility to download it from iTunes and Google Play starting from January 28.
Peculiarities of Nano X
The Ledger Nano X will support around 100 cryptocurrencies which is much more if compared with the Ledger Nano S. Let us also remind, that some months ago, as a response to the growing popularity of coins backed by stable assets, Ledger added support for stablecoins.
But without any doubts, the most significant upgrade is the capacity of the wallet to be connected to mobile devices via the app. The main idea behind the creation of a new wallet is the company’s desire to enhance the mobility of their wallets.
Moreover, the new wallet will have a larger display and is reported to be sold for $119.
Larchevêque described the Nano X the following way:
“The Ledger Nano X includes all of what you loved about your Nano S, but with new and improved major features. […] With its Bluetooth connectivity and increased capacity, the Ledger Nano X provides an enhanced user experience while delivering the mobility and state-of-the-art security that customers expect from Ledger.”
Moreover, as it has been revealed, Ledger received the CES “Innovation Award in Cyber Security and Personal Privacy” for their cutting-edge device.
Increased Security
According to the company, their new Ledger Nano X will offer amazing security and will keep the user’s private keys isolated in a certified secure element which represents itself the same chip that is installed in credit cards, for example.
What’s more, it is said that the protection of the hardware via PIN-codes and connectivity with mobile devices with the help of Bluetooth also significantly reduces the potential risks.