Leading global producer of secure cryptocurrency hardware wallets, Ledger, has reportedly unveiled a new product dubbed Ledger Nano X.
According to a press release, the Nano X is an improved model of the Nano S. With more than 1.5 million units sold, the Ledger Nano S is unarguably one of the world’s most secure and popular hardware wallet in the crypto space.
Major Features of the Ledger Nano X
The most promising features of the new Ledger product are the Ledger Live Mobile app and Bluetooth connectivity. While the Live Mobile app allows users to make transactions, manage up to 100 new apps, and check their current balance, the Bluetooth will enable them to connect the device through the Live app to their smartphone, providing more room for mobility without compromising security.
Nano S users can also use the Ledger Live Mobile app to monitor their crypto balance but in a read-only mode. The app will be available for download on App Store and Google Play on Jan 28.
The Ledger Nano X supports up to 1100 different cryptocurrencies, which is way more than what the Nano S or any other hardware wallet in the market can handle.
Is the Ledger Nano X Secure?
According to Ledger CEO Eric Larchevêque, the Nano X “includes all of what you loved about your Nano S, but with new and improved major features,” which help to deliver “mobility and state-of-the-art security.”
Larchevêque has assured users that their cryptocurrencies are “safe from attacks” as the new product protects their private keys while enhancing user experience.
The company also announced that it will host demos for the Ledger Nano X wallet during the ongoing CES technology convention in Las Vegas from Jan 8 to 11, 2019.
The Nano X, which is already available for pre-order on Ledger’s official website, currently costs $119, while shipping starts in March.Never miss out on our daily crypto news, stories, tips, and price analysis. Join us on Twitter | Telegram | Facebook or subscribe to our weekly Newsletter.