Ledger Nano S vs. X is a topic that has dominated the airwaves for the past few years. This is because the world of cryptocurrency is constantly evolving, and the way that we store our digital assets is no exception.
Cold wallets such as Ledger Nano S and Ledger Nano X have been hailed as some of the best ways for storing cryptocurrencies. If you don’t know what cold storage is click here.
This is why thousands of investors, traders, and crypto enthusiasts want to know how they compare.
In this blog post, we will compare Ledger Nano X vs. s and help you decide which might be best for your needs. Read on!
Ledger Nano S
Ledger Nano N S is the second-generation Ledger hardware wallet. It comes with an OLED screen and a USB connectivity which can be used to sign transactions, recover your account in case of loss or theft, etc. This device is a little pricier than other hardware wallets but it has an excellent reputation for security.
What makes this device stand out is the ease of use. It is a simple wallet that allows you to store cryptocurrencies and has an easy-to-use interface. It provides you with a way to store your cryptocurrencies without having the need for any technical knowledge. All you need to do is set up your wallet using a mnemonic phrase and you can use it for all your transactions.
Ledger Nano X
The Ledger Nano X is an upgrade from the previous generation of hardware wallets, and it has many new features that make it appealing to crypto enthusiasts, traders, or investors looking to store large amounts of digital assets.
It has an OLED touchscreen, improved chip architecture (ST31), Bluetooth connectivity, USB Type-C port for increased speed and future compatibility with other devices like laptops, NFC support which allows contactless transactions in phones, eWallets or payment terminals, and more stores that are supported than any previous version.
This wallet offers a great user experience thanks to its clean interface on both PCs and smartphones along with additional features such as watchdogs designed to protect against malicious software attacks.
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It also comes with additional security features such as touch-to-sign, two different screens (OLED or LCD), decentralized storage, and more. These are just some of the many benefits that make it an excellent choice for storing your cryptocurrency holdings.
This device has several features that may be difficult for some people to use at first, but it might be worth the investment if you plan on storing large amounts of digital assets or trading frequently.
This hardware wallet comes pre-loaded with support for various coins and tokens all in one place which provides users with more accessibility than ever before. This could be a great option for those people looking for a simple yet safe solution for their cryptos.
Ledger Nano S vs. X: Which Should You Choose?
Well, that’s a tricky question and it’s no surprise that both of them are listed in the best crypto wallets of 2022. At first glance, it seems like Ledger Nano X is the clear winner. But what if you’re not an advanced user who needs all of those features?
Let’s take a closer look at the differences between both wallets to see which might be best for your unique situation.
Comparing Ledger Nano s vs Nano x: The Ultimate Guide
Ledger Nano S vs. X: Features
Even though both wallets are different, they have a lot of similarities in terms of their features. Nano X and Ledger N S are web-connected hardware wallets with an OLED screen that can store over 1,100 cryptocurrencies. Both devices offer strong security features such as the ability to recover your account in case you lose it or if someone steals your wallet, secure PIN code protection against unauthorized access to funds, and more.
Both also come with built-in touch buttons for use during transactions which allow users to sign their transactions without having any technical knowledge – just like Ledger Nano s.
However, they have some features that make them different.
Ledger Nano S comes preloaded with support for over 700 coins and tokens while Ledger NanoX doesn’t include this out of the box – this can be done through their own app store.
Ledger Nano X has an improved chip architecture, NFC support for contactless transactions, and more stores supported while Ledger Nano S does not come with these features out of the main box.
The Nano X has Bluetooth to connect to your mobile phone, an OLED screen, improved chip architecture (ST31), and more stores supported. On the other hand, you will need to buy a set of three USB cables, called an on-the-go (OTG) kit, to connect to your mobile phone with Ledger Nano S.
Both wallets have a touch screen, but Ledge Nano X has a slightly bigger display ( 128 x 64 pixels) thank Ledger Nano S. Nano X also has a larger 100mAh battery, which means you can use it for up to 8 hours without recharging.
Ledger Nano S vs. X: Security
Both Nano X and Nano S use industry-standard security measures. The company behind these two devices uses certified Secure Element (SE) which is a proven security measure. The SE chip has been tested by the world’s leading security certification authority, ensuring that it can resist most attacks and thus you can be sure your digital assets are safe when stored on these wallets. The chips are in Nnao S and X are certified using the Common Criteria (CC) EAL5+ which is the highest level of certification for security systems.
Both devices use a proprietary operating system (OS) that allows for better security. Nano X has an improved OS which is called BOLOS and offers a layer of protection that can’t be found on any other hardware wallet in the market.
There are some security measures you can take to secure either of these devices, including:
- Never share your secret PIN code with anyone else.
- Always use a strong backup passphrase.
- Set the security question and answer carefully.
- Never choose a predictable password like “password” or your name.
Nano S vs Nano X: Price Difference
Both Ledger Nano S and Nano X are available at different prices. The price can depend on where you buy from; either an online retailer or physical store location.
Ledger Nano S costs $59 and comes with a micro USB-B cable. However, you will need to spend $17.99 more to buy an OTG so that the device can work on your smartphone. It is not Bluetooth enabled and supports only 6 crypto apps.
On the other hand, Nano X costs and comes with a USB cable. It has Bluetooth connectivity and allows users to add up to 100 crypto apps.
Even though Nano X is more expensive, it comes with better features than Nano S. Nonetheless, both devices are great, and you should choose one depending on your needs and budget.
Ledger Nano S vs. X: Compatible Currencies
Both wallets support a large number of cryptocurrencies. They both support over 1,100 altcoins, including popular cryptos such as Litecoin, Bitcoin Cash, Ripple and more.
They both support Ethereum (ETH), Ethereum Classic (ETC) – check out the best Ethereum wallets in 2022 – as well as ERC-20/ERC-223 standard wallets among other currencies including Zcash, Dogecoin, Dash and others. They also come with an inbuilt currency converter to make conversion easier for users who want to use dollars or euros instead of crypto units like BTC or ETH when trading money from one currency to another.
Some of the tokens supported by these devices include:
- BEP2
- NEP5
- SOL
- ERC20
- ERC721
- TRC10
- TRC20
Investors can use the Ledger Live mobile app to manage over 1,800 coins and tokens. The app is compatible with over 50 wallets. However, its worth noting that some assets can be stored using your USB wallet but cannot be viewed through the Ledger Live. They include:
- IOTA (MIOTA)
- Terra (LUNA)
- Nem (XEM)
- Cardano (ADA)
- Monero (XMR)
- Ontology (ONT)
- Vechain (VET)
- Neo (NEO)
- org chain (CRO)
- Binance Coin (BNB)
- EOS (EOS)
Ledger Nano S vs. X: App for Mobile
Both Nano S and X use the Ledger Live mobile app which can be used to manage crypto assets on your mobile phone. This app is compatible across multiple platforms including Windows, iOS, and Android.
Using Ledger Live Mobile App, users can track their crypto assets, manage multiple accounts and use the app’s inbuilt currency converter to track any of your transactions.
This is a great feature for those who want a desktop wallet but find it difficult or inconvenient to have a computer on all day long. With Ledger Live Mobile App, users can access all their cryptocurrencies from anywhere.
Users can also use this app to:
- See their crypto balance in real-time
- Check the prices of their cryptocurrencies
- Track transactions and send crypto payments to other Ledger Live users
- Manage multiple accounts on various blockchains
- Buy and sell crypto on the app
- Use the inbuilt currency converter to track transactions between different currencies
Key Takeaways
- Ledger is one of the leading brands for cold wallets.
- The Nano S and Nano X are two of the best-selling crypto wallets of all time.
- When deciding which one to buy think about features and security especially.
- Nano X is slightly more expensive, but it comes with more features, so it’s a worthy investment if you are not running on a low budget.
Conclusion
Factually, when we talk about Ledger Nano S vs X, there is no device that is better than the other. It all boils down to your needs and budget, so you need to figure out which one is more suitable for you depending on your requirements.
However, if compatibility and features are anything to go by, Nano X is better than the Ledger S. It supports Bluetooth connectivity and allows users to add up to 100 crypto apps onto their device while Ledger S only supports six such apps. But if you are on a tight budget and want a device that will securely store your crypto assets, Ledger Nano S is a great option.
Regardless of which device you choose, it’s worth noting that both are among the best hardware wallets in the market today and guarantee security for all transactions made using them.
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