In the cryptocurrency marketspace, Ledger Wallet remains at the top of the best crypto wallets. Year after year, this wallet maintains its position by making sure that users get access to all the security features that they should get in 2026. In this Ledger hardware wallet review, we will take a look at whether this wallet is worth the hype or not.
As you must be aware, a cold wallet like this is supposed to store your private keys offline. The same happens to be the case with your crypto and NFTs. This wallet ensures that you get to safeguard thousands of crypto coins on your device without losing their control over the private keys. Besides that, strong security features and support for DeFi apps make it one of the most chosen wallets among many.
What is Ledger Wallet? A simple explanation
This wallet falls in the category of a hardware wallet and is also known to be a type of cold wallet. Founded in 2014, this French company designed a wallet store and manages crypto assets securely. This company develops such wallets that both beginners and advanced crypto traders can easily use. Since this wallet keeps your crypto offline, this means hackers won’t have any remote access to your funds. Even if someone steals your device or compromises it with malware, Ledger protects your funds by keeping private keys offline. Currently, Ledger offers four hardware wallet models, explained below:
- Ledger Nano S Plus
- Ledger Nano X
- Ledger Flex, and
- Ledger Stax
The best thing about these devices is the fact that they can easily store over 5,500 crypto coins and tokens. To manage these assets, you can use Ledger Live on your mobile phone or desktop.
Comparing different Ledger hardware wallet models
To help you decide which Ledger Wallet model you should choose, we want you to take a look at the features of the different wallet models available with us:
Ledger Nano S
- Launched in June 2022, this is a compact & secure wallet.
- Similar to a USB stick, it uses a CC EAL5+/EAL6+ certified Secure Element chip (ST33K1M5).
- Supports the storage of 100 apps, which means you can store this many crypto variants all at once.
- A durable wallet that has an OLED screen with two buttons.
- Priced at approximately $79- definitely a cheaper option.
Nano X
- Well, this is a portable hardware wallet released in May 2019.
- Comes with a CC EAL5+certified secure element (ST33J2M0) and Ledger’s proprietary OS.
- Can be connected via Bluetooth to iOS or Android phones.
- Install up to 100 apps to securely manage your assets all at once.
- Can be used in connection with Windows, macOS, Linux, Android, and iOS.
Flex
- Priced at $249, Ledger Flex is a hardware wallet that comes with a CC EAL6+ certified Secure Element chip.
- Supports connection types such as USB‑C, Bluetooth 5.2, or NFC.
- Its long-lasting battery can be used for up to 10 hours.
- It’s FIDO2 Security ensures that your crypto assets are in safe hands.
- Priced at $249 and was launched in July 2024.
Stax
- A premium crypto wallet that comes with a Curved 3.7″ E Ink touchscreen.
- Supports 5,500+ digital assets and NFTs.
- It has a huge battery that supports wireless charging (through a Qi charger) and USB-C charging.
- Priced at $399, it also has a magnetic shell and a customizable lock screen.
- For connectivity, it supports USB-C, Bluetooth 5.2, and even NFC.
Pros and cons of Ledger Wallet
Pros:
- Your private keys stay offline and are protected by a highly secure chip, making them very hard to hack.
- Supports over 5,500 coins, tokens, NFTs, and DeFi apps.
- Works with Bluetooth, USB-C, and the Ledger Live app on phones and computers.
- Uses a special operating system that keeps apps separated for extra security.
- You must approve every transaction on the device itself, so hackers can’t move funds remotely.
- Ledger regularly checks and improves security through its in-house white-hat team.
Cons:
- The software isn’t fully open-source, so users can’t see or verify everything behind the scenes.
- The Nano X battery can’t be replaced and may stop working after a few years.
- You can only install a small number of apps at one time.
- Bluetooth can slightly increase security risks and drain the battery faster.
- The “Ledger Recover” feature caused privacy concerns because parts of the recovery keys are stored outside the device.
Final words-
After taking a dig at this wallet, I am sure you must have come to a conclusion about whether or not it is a safe crypto wallet or just hype. In case this is the first time that you are going to trade crypto assets, you can go ahead with Ledger Nano S. Well, there may be some downsides of the wallet, however, a lot of crypto traders are using this wallet to ensure the safety of their assets.
FAQs:
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Is Ledger Wallet safe to use?
Yes, your private keys stay offline in a protected chip. Besides that, you must confirm transactions on the device itself, which adds a strong layer of security to your assets.
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What coins does it support?
Ledger wallet supports thousands of crypto assets (over 5,500), including major coins, tokens, NFTs, and DeFi apps.
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How do I connect the Ledger device to my computer or phone?
You can connect it via USB-C or Bluetooth (for Nano X) and manage your assets using the Ledger Live app.
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Does Bluetooth make the Ledger Wallet risky?
Bluetooth can slightly increase potential attack surfaces. Besides that, it uses more battery. But the overall security of the assets still relies on offline key storage.