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The Review Wizard

Ledger Wallet Reviewed

About Ledger Wallet from Ledger Wallet...

With the emergence of crypto-assets, the era of the “Internet of Value” is now upon us, allowing anyone to own and exchange all imaginable assets, money, art, property, stocks, data, and transfer them peer-to-peer. In the coming years, these assets will be stored on blockchains, converted into tokens, and managed by hundreds of millions. This Revolution of Value is changing the world, but the bankruptcies of high-profile centralized entities have shown that when they control your digital assets, you can lose them in a finger snap. In this new era, owning and securing your value is more important than ever.

Is what Ledger Wallet claims true? See what real users are saying about Ledger Wallet.

Ledger Wallet Product next to Wallet Icons.

Image Credit: Ledger Wallet

👍 Pros

Native staking and NFT management.

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Robust crypto education library.

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It supports over 5,500 cryptocurrencies.

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Ledger supports NFTs.

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It has a Ledger Live app.

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Bluetooth-compatible.

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Highly secure crypto storage

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Had it for years, you can change seed phrase over and over, it’s not a scammer device, safest place for your money.

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Compatible with various hot wallets like MetaMask and Phantom.

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For what looks like a micro USB stick, this little cold wallet had some amazing features and a modern setup experience.

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Minimalistic, no-frills design.

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Industry-leading companion app where you can purchase coins, stake coins and access dApps like Lido and 1Inch.

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Ledger Nano X is compatible with over 5,500 coins, tokens and NFTs supported on various blockchains, such as Bitcoin, Ethereum and Solana,

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Designed with top-tier materials, Ledger devices promise longevity and resistance to wear and tear.

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Private keys stored inside hardware wallet’s chip.

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👎 Cons

Software isn’t fully open source.

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Limited storage capacity.

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The only problem I had was when I bought my first Ledger X: there was a battery problem. I contacted Ledger and they send me a new one.

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If an exchange is hacked or shuts down, you may lose access to the funds.

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Small display.

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Some obscure coins are not supported.

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The optional seed phrase recovery feature requires KYC.

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Buying crypto directly from the wallet is tedious.

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Ledger Nano S Plus can connect only to Android devices with the OTG cable kit.

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For some, the cost of Ledger devices, especially the advanced models, might be a deterrent compared to other wallet options.

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If you lose your device and PIN and seed phrase backup codes, your crypto may be gone for good. It’s critical to keep your information safely stored and backed up.

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⚖️ Final Say - Yay or Nay?

Ledger is one of the most popular hardware crypto wallet providers on the market, and for good reason. The company offers two versions of its flash drive-shaped device — one with Bluetooth connectivity and one without — at a reasonable price.

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Even though the wallet supports a wide range of crypto assets, its storage capacity is a concern among investors. To access more crypto apps, investors will have to rely on third-party applications.

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The Ledger Nano X is a cutting-edge hardware wallet that provides secure storage and management of cryptocurrencies. With its advanced features, including Bluetooth connectivity and support for a wide range of digital assets, the Ledger Nano X offers cryptocurrency investors a convenient and reliable solution for safeguarding their holdings.

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Simple to set up and secure. Good instructions and hand-holding for beginners. Ledger Live app works well and supports a wide range of coins. Bluetooth connection enables mobile trading. Can store NFTs.

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But if you're confident in your ability to protect a physical wallet, Ledger may very well be the #1 choice on the market. Both the Nano S and Nano X are sleek, affordable, user friendly and backed by tremendous support from Ledger HQ.

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The Ledger Nano S is a great product with an affordable price tag. I love the fact that it supports almost every major coin out there and that it’s easy and intuitive to use through the Ledger Live interface.

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The Ledger Nano S is a non-custodial hardware wallet that provides topnotch security at a reasonable price. Limited memory is its biggest issue and can make this wallet inconvenient for storing lots of different cryptocurrencies.

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The Ledger Nano S is a worthy cold storage device, especially for newcomers. While the buttons, display and connectivity options have been improved upon with the Ledger Nano X, these are creature comforts.

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Ledger is one of the most reputable and respected hardware wallet manufacturers in the world. The Nano S Plus is a notable improvement over the original Nano S, with substantially better storage without the hefty price tag of the Nano X. The Nano S Plus is a compact hardware wallet that securely stores private keys for cryptocurrencies, offering offline storage and physical transaction confirmation for enhanced security. With support for multiple cryptocurrencies, it provides a reliable and convenient solution for cryptocurrency storage and management, plus has fantastic DApp and Web3 integration support.

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There’s no doubt that Ledger made a big effort by taking their second hardware wallet model to the next level. The combination of the sleek device with the feature-rich Ledger Live software creates a powerhouse for managing crypto assets.

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Ledger Nano X is undoubtedly one of the most secure hardware wallets at present. It is more reliable and safe than the other software and hardware crypto wallets. Because it stores your keys and addresses offline, no hacker can access and misuse them. This means you don’t have to worry about cyber attacks on your assets.

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Unlike other hardware wallets on the market, the accompanying app also allows you to purchase crypto directly, as well as exchange tokens for one another and earn interest on your holdings via the lend function.

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Overall, Ledger Nano S is one of the most reliable and secure crypto wallets. It has an extra layer of security, meaning that you will not only need to choose a pin code but also a 24-word recovery phrase. What is more, since it's made of durable materials, you shouldn't be worried about physical damage.

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💰Current Discounts

Interested in trying it out? Check out these Ledger Wallet Discounts and Coupon Codes.

Save on Ledger Wallet now

See All Ledger Wallet Deals