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    Home » Crypto News » Ledger Announces a New Bluetooth-Based Hardware Wallet (Nano X)

    Ledger Announces a New Bluetooth-Based Hardware Wallet (Nano X)

    Author: Ali Raza

    Last Updated Mar 21, 2021 @ 16:48

    TL;DR

    • Ledger, the leading global producer of hardware cryptocurrency wallets, has just announced the new wallet model — Ledger Nano X.
    • The new model will be a Bluetooth-based wallet that allows users to connect their wallets via a mobile app.
    • Ledger Nano X will bring additional improvements regarding security, capacity, and the number of apps, all of which can be managed through a Ledger Live Mobile app, scheduled for launch on January 28th.

    A new announcement by a global leader in securing crypto assets, Ledger, revealed the company’s new hardware cryptocurrency wallet — Ledger Nano X.

    According to the announcement, the new model is a Bluetooth-enabled wallet, which will be the company’s new signature product. It is also a spiritual successor to Ledger Nano S, which has already sold more than 1.4 million units around the world. It is known for being one of the most secure wallets today.

    Now, the new model comes with an even better design, additional features, and an improved user experience. One of the new features is the Ledger Live mobile app, which will allow users to make transactions, manage multiple new apps, check their balance, and much more. The app will also be able to provide Ledger Nano S users with the ability to monitor their balance.

    The app is scheduled to appear on the Google Play store on January 28th. The other significant feature regarding the new model is Bluetooth, which will allow users to connect their wallet with the mobile app on the go, without introducing additional security risks.

    Ledger Nano X also comes with improved storage capacity, and it will be able to offer as many as 1100 different digital currencies. This is a massive improvement from Ledger Nano S, which could store six times fewer coins. Furthermore, the new model will feature things like a larger screen, a more advanced interface, an easy backup option, and state-of-the-art security.

    Issues regarding data privacy have forced users to seek out trusted solutions and partners who can provide them, which is one of the reasons why Ledger has grown to become the most popular wallet provider today. With each new model, Ledger is expanding their wallets’ capabilities, while also increasing their security, and making them more and more user-friendly.

    Finally, it is also noteworthy that the wallet has received the CES Innovation Award in Cyber Security and Personal Privacy for 2019.

    Ledger at CES 2019

    Ledger has also announced that the company will be attending the CES technology convention, which is the Las Vegas-based technology show in the world, which is held annually. The CES is known for announcements of groundbreaking innovations, and it started on January 6th. It is scheduled to last until January 11th, and it is held at the Las Vegas Convention Center.

    In fact, Ledger announced its new Ledger Nano X at CES. Ledger has scheduled events for each remaining day of CES, and most of their events will include meetups and daily demos, with several company officials attending the events as the speakers.

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    Tags: Ledger
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    About The Author

    Ali Raza
    More posts by this author

    Experienced in web journalism and marketing, Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali's work has been published on a number of valuable publications. Contact Ali: LinkedIn

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