Ledger Nano X is the next generation of Hardware wallet with smartphone support, a larger screen and more storage space for Apps. Retailing for US$119, the Ledger Nano X is great for newcomers or experienced traders trading more than 3 types of cryptocurrencies at at time or large volumes on the go. If more apps and mobility isn’t a big concern, stick with the Ledger Nano S.
In this review, we’ll be looking at the security, hardware design and cryptocurrency support of the Ledger Nano X to tell you if this device is worth purchasing or not. For Set-up and installation guides, check out our full Ledger Nano X guide.
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Key Features of the Ledger Nano X:
- Certified Security: Built with a CC EAL5+ certified Secure Element chip and CSPN certification from ANSSI, offering robust protection against physical and software attacks.
- Flexible Connectivity Connects to mobile and desktop devices via Bluetooth 5.0 or USB-C.
- Large App Storage: Supports up to 100 apps simultaneously for managing diverse crypto assets.
- Built-in Rechargeable Battery: Includes a 100mAh battery, providing up to 10 hours of active use or 150 transactions per charge.
- Ledger Live Compatibility Works seamlessly with Ledger Live app on desktop and mobile to: (1) Buy, sell, and swap crypto; (2) Stake supported assets (e.g., ETH, ATOM, ALGO); (3) Manage Ethereum and Polygon NFTs with full metadata; (4) Access DeFi via WalletConnect.
- Extensive Asset Support: Manages 5,500+ cryptocurrencies and tokens, with third-party wallet integration for additional assets.
- NFT Management: View, send, and receive NFTs directly within Ledger Live, with full metadata and image previews for Ethereum and Polygon-based NFTs.
- Mobile-Friendly Design: Designed for on-the-go use with Android and iOS support via Ledger Live Mobile.
- Firmware & Security Updates: Regular updates (latest: v1.6.0) bring enhanced security, Clear Signing, and Ledger Sync™.
- Ledger Recover – A subscription-based (albeit controversial) seed phrase recovery service. Learn more here.
Latest features: stake, swap, earn and lend cryptocurrencies
Staking
Ledger Live supports staking for over 15 assets—including ETH, SOL, DOT, ATOM, and ADA—via trusted providers like Lido and Kiln. Users can choose validators or stake in pools while earning up to 11.5% APY, all while keeping full control of their assets.
Swapping
Users can swap cryptocurrencies directly within Ledger Live using partners such as Changelly, 1inch, and Paraswap. This feature supports hundreds of token pairs across multiple chains without exposing private keys.
Earning
The Earn dashboard offers a streamlined view of staking positions, rewards, and APYs, as well as access to various staking, lending, and DeFi opportunities—all in one place.
Lending
Users can lend stablecoins like DAI, USDT, and USDC through Compound without leaving Ledger Live. In return, they receive cTokens, maintaining full custody of funds through their Nano X wallet.
Security features
One of the key reasons to buy Ledger hardware wallets is the firm’s reputation for security. Here are some of the Ledger Nano X’s security features:
- Certified Secure Element (CC EAL5+): The Ledger Nano X uses the ST33J2M0 Secure Element chip, independently certified to Common Criteria EAL5+, the same standard used in passports and banking cards. This chip securely stores private keys and signs transactions in isolation from potentially compromised devices.
- BOLOS Operating System: Ledger’s proprietary BOLOS OS runs on a separate microcontroller (STM32WB55), ensuring secure app sandboxing and safe communication between the Secure Element and external interfaces.
- CSPN Certification by ANSSI: The Nano X holds CSPN certification from ANSSI, France’s national cybersecurity agency. This certification validates the device’s resistance to both physical and software-based attacks.
- Bluetooth Security: Bluetooth 5.0 is used only to transmit public data. Private keys never leave the Secure Element. Even if Bluetooth is compromised, transactions must be physically verified on the device. Bluetooth can also be disabled entirely.
- PIN & Passphrase Protection: Access to the device is gated by a user-defined PIN. For added security, users can create hidden wallets protected by a passphrase, allowing decoy access in coercive situations.
- Ledger Recover (Optional): A subscription-based recovery service that encrypts and shards your 24-word recovery phrase across multiple custodians. It’s opt-in and designed for users who want a backup safety net—though it remains a debated feature in the crypto community.
- Firmware Updates: Regular firmware updates (latest: v1.6.0) enhance security and add features like Clear Signing and Ledger Sync™, ensuring the device stays resilient against emerging threats.
What are secure elements?
Secure elements are separate pieces of hardware (second layer of security) with their own storage and limited functionality that cannot be breached by hackers. This means that even if the Ledger Nano X is connected to a compromise device – like a hacked laptop or phone, the private keys (=access to crypto funds) is never compromised. Devices like the Trezor One and Model T do not have secure elements and only have a single layer of security.
Is the bluetooth connection on the Ledger Nano X safe?
The Nano X has the addition of Bluetooth support. Unfortunately Bluetooth’s security record is not spotless, and presents a new vector of attack for the device. Ledger CTO Nicolas Bacca has stated during an interview that Bluetooth on Ledger functions assuming the connection has been compromised – at no point will it be able to take over the device.
Ledger hack
In July 2020, Ledger suffered a data breach of its marketing database, exposing about 1 million email addresses and personal information for 9,500 customers. However, Ledger hardware wallets themselves were never hacked—no private keys or funds were compromised.
The breach led to widespread phishing attacks, with scammers posing as Ledger to trick users into revealing their recovery phrases. For a full explainer on how the phishing attack works see the report from Kraken.
Additional social engineering attacks followed in 2025:
- In April 2025, fake Ledger-branded letters containing QR phishing codes were mailed to victims.
- In May 2025, attackers hijacked Ledger’s Discord server using a compromised moderator account to post fake security alerts.
Ledger continues to emphasize that it never asks for your 24-word recovery phrase, and the Nano X hardware wallet remains secure when used properly.
We do note that this can be more accurately characterised as a “data breach” rather than a hack. More importantly, this breach had no link or impact on the Ledger hardware wallets or the Ledger Live app. Cryptocurrencies stored on the Ledger devices have never been at risk.
5/5 Security Rating
Multi Currency Support
Ledger remains a top-tier choice for crypto enthusiasts thanks to its extensive multi-currency support. As of 2025, the Ledger Nano X supports over 5,500 digital assets, including more than 2,000 individual coins and thousands of tokens across multiple blockchain standards like ERC-20, BEP-20, and SPL2. Here are some of the key cryptocurrency support features offered by the Ledger Nano X:
- Ledger Live is the official companion app and offers native support for 500+ coins. Meanwhile third-party wallet integrations expand compatibility to 5,500+ assets.
- Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Avalanche (AVAX) are fully supported.
- Staking and governance features are available for select assets, including Ethereum 2.0, Cosmos, and Solana.
- New token standards such as ERC-404 and Bitcoin Ordinals are partially supported via third-party apps.
- Ledger’s open app ecosystem allows developers to submit new blockchain apps, ensuring rapid adoption of emerging assets.
How many coins can Ledger Nano X Hold?
In 2025, the Ledger Nano X can hold over 2,000 coins and 5,500+ digital assets through a combination of native and third-party integrations. The device has 2 MB of internal storage and supports installing up to 100 apps at once, with each app enabling access to a different blockchain and its associated tokens. Thanks to firmware optimizations, users can easily uninstall and reinstall apps as needed without affecting their stored assets. Ledger Live provides native support for over 500 coins, while thousands more are accessible using external wallet apps.
Note that app storage is a convenience feature – apps will still retain their accounts / cryptocurrency balances even if uninstalled.
Does Ledger Nano X support Ethereum and ERC-20?
As of 2025, the Ledger Nano X offers full support for Ethereum (ETH) and over 1,250 ERC-20 tokens. Users can manage these assets directly in the Ledger Live app using the Ethereum application. For ERC-20 tokens not supported natively in Ledger Live, third-party wallets like MetaMask or MyEtherWallet can be used while still benefiting from Ledger’s secure key management.
Ledger has also expanded its Ethereum capabilities to support Ethereum 2.0 staking. Users can now participate in Ethereum’s proof-of-stake system directly through Ledger Live, using their Nano X to securely sign staking transactions and manage validator keys. For the most up-to-date list of supported Ethereum assets, users can visit Ledger’s official asset list.
Is Ledger ready for Ethereum 2.0?
In 2025, the Ledger Nano X is fully ready for Ethereum 2.0 and its ongoing upgrades. Ledger supports Ethereum’s proof-of-stake (PoS) system, including staking ETH directly through Ledger Live, where users can securely sign deposit contract transactions and manage validator keys using the Ethereum app on their device.
Ledger’s firmware and Ethereum app updates—originally introduced with version 1.2.4-5 and Ethereum app 1.6.0—enabled compatibility with EIP-2333, the cryptographic standard required for Ethereum 2.0 key derivation. These updates allow users to generate Ethereum 2.0 withdrawal keys and validate that they belong to their Ledger device, ensuring secure participation in staking.
5/5 Multi Currency Support
Hardware Design
The Ledger Nano X features two physical buttons integrated into the pivoting cover, used for navigation, selection, and secure confirmations. While some users find entering PINs and recovery phrases with just two buttons a bit tedious, Ledger has maintained this minimalist design for security and durability. The larger, high-resolution screen continues to be a standout feature, allowing full cryptocurrency addresses to be displayed without scrolling—an improvement over the older Nano S.
The USB-C interface is now standard for charging and connectivity, aligning with broader tech industry trends. The Nano X also supports Bluetooth 5.0, enabling wireless use with mobile devices via the Ledger Live app. For users concerned about wireless security, Bluetooth can be disabled in the device settings.
As of 2025, the Nano X is available in 3 colour options: Onyx Black, Blazing Orange, and Cosmic Purple. These cosmetic choices don’t affect functionality but offer users a bit more personalization.
4/5 for Hardware Design
3.5/5 of Ease of Use
Mobility
The Ledger Nano X offers mobile functionality through the Ledger Live app, available on both iOS and Android. The device connects via Bluetooth 5.0, allowing users to manage their crypto assets on the go without needing a cable. This includes sending and receiving transactions, checking balances, and accessing features like staking and swapping.
While mobile support adds flexibility, the process still involves multiple security steps: unlocking the device with a PIN, navigating to the appropriate app, and confirming transactions on-screen. This ensures robust protection but may feel less convenient for quick, everyday transactions. For these everyday transactions, many prefer to use wallet apps that are available on your phone, but those come with higher secuirty risks. Therefore, for users prioritizing mobility with strong security, the Nano X remains one of the most capable hardware wallets available.
How do you Update the Ledger Nano X?
Ledger periodically releases updates for the Ledger Nano X to improve security, functionality and coin support. In fact, firmware updates are required in order to get support for the latest cryptocurrencies. The latest firmware version is 2.4.1, released in April 2025. This update improved Bluetooth reliability and memory performance, and added support for new cryptographic standards. Here is a step by step guide on how to update the Ledger Nano X:
- Open the Ledger Live app and navigate to “My Ledger.”
- Connect and unlock your Nano X (either via USB or Bluetooth).
- If a firmware update is available, you’ll see a message. Click “Update firmware.”
- Follow the prompts in the app and confirm the update directly on your device when asked.
- Your Nano X will restart, and your apps will be automatically reinstalled. Your crypto stays safe.
Ledger Nano X worth the upgrade?
The Ledger Nano X costs about US$149 USD, and it is a top choice for people who want to manage lots of different cryptocurrencies, especially while on the go. It has Bluetooth, a larger screen, and more memory, so you can install up to 100 apps at the same time—perfect if you use many types of coins.
The latest update, firmware version 2.4.1, was released in April 2025. It made Bluetooth more stable, helped apps run better, and added new security features. You can even install updates using just Bluetooth, with no need for a cable.
If you only use a few coins and do not need Bluetooth, the Ledger Nano S Plus is a cheaper option at US$79. But if you want maximum flexibility and better mobile features, the Nano X is a great upgrade.
Ledger Nano X compared with Trezor Model
The Ledger Nano X and Trezor Model T are both top hardware wallets with different strengths. The Nano X is more affordable at around US$149, supports 5,500+ assets, includes Bluetooth for mobile use, and offers strong security features like a Secure Element and Ledger Recover. Its latest firmware (2.4.1, released April 2025) improved Bluetooth and cryptographic support.
The Trezor Model T costs about US$219 and features a large color touchscreen. It lacks Bluetooth but includes advanced privacy tools like CoinJoin and Shamir Secret Sharing. It does not use a Secure Element chip, which some users see as a security drawback. The Ledger Nano X, with more coin support and mobile access, is better suited for users with diverse crypto needs, while the Trezor appeals to those who prefer open-source software and a touchscreen.
The main difference between the two is the display and number of supported coins. The Trezor’s touchscreen makes entering PINs and recovery phrases easier, but it supports fewer coins, and many projects prioritize Ledger first. In the end, the choice depends on whether the coins you need are supported. Ledger is known for wide asset support and strong compatibility with decentralized exchanges like Binance DEX, IDEX, and Switcheo.
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Product Specifications (Technical Specifications)
Ledger Nano X Product Specifications:
| Processors | ST33J2M0 (secure) + STM32WB55 |
| Compatibility | 64-bits desktop computer (Windows 8+, macOS 10.8+, Linux) excluding ARM Processors. Also compatible with smartphones (iOS 9+ or Android 7+). |
| Connector | USB Type-C , Bluetooth 5.0 |
| Battery | 100mAh battery |
| Size | 72mm x 18.6mm x 11.75mm |
| Supported Assets | 1100+ Supported assets |
Frequently Asked Questions (FAQ)
Yes. Just choose “Restore from recovery phrase” during setup and enter your 24-word phrase.
Yes. Hold both buttons for 3 seconds, go to Settings, and switch off Bluetooth.
Up to 100, depending on size. You can remove and reinstall apps without losing your coins.
Ledger includes a feature to automatically generate a new Bitcoin address each time an old one is used. This increases the privacy of transactions, as different addresses are used for new transactions. All old addresses still work and belong to your wallet.
A new one shows up after using the last. You can also tap “Receive” in Ledger Live to get one.
As of July 2025, tehe latest Ledger firmware is version 2.4.1, released in April 2025. It improves Bluetooth, memory, and security.
Yes. The Ledger Nano X can be connected to dApps through Ledger Live’s Discover section or via WalletConnect and MetaMask. This allows secure interaction with DeFi platforms, NFT marketplaces, and other Web3 services while keeping your private keys offline.
Yes. Ledger Recover is an optional subscription service that lets you back up your 24-word recovery phrase in encrypted form with trusted providers. It is available through Ledger Live and requires identity verification. You can opt in or out at any time.
Further reading
Ledger also posts up reviews from other YouTubers, which you can check out here.
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