Ledger Flex Review

Hardware Hardware wallet Reviewed by CryptoExchangeReview Australia · verified 2026-07-31
7.2Wallet Score / 10

Verdict

The Stax touchscreen experience at a lower price, with an E Ink display and NFC.

Score breakdown

Six pillars, weighted identically for every wallet (security-weighted).

Security 8.5
Openness 4.0
Assets & chains 9.0
Ease of use 8.5
Value 6.0
Backup & recovery 6.0

Pros

  • E Ink touchscreen
  • USB-C + Bluetooth + NFC
  • EAL6+ secure element
  • Broad asset support

Cons

  • Closed-source firmware
  • Premium price
  • Screen is smaller/flat vs Stax

Security & track record

Brand-wide 2020 breach and 2023 Recover controversy.

Specifications

TypeHardware · Hardware wallet
Price~A$378 (USD-converted (~US$249))
MakerLedger · France
Released2024
Secure elementEAL6+ (ST33)
Open sourceClosed-source
Backup / recovery24-word seed phrase
Air-gappedNo
ConnectivityUSB-C, Bluetooth, NFC
Screen2.8" E Ink touchscreen
PlatformsDesktop, Android, iOS
Assets5,500+ via Ledger Live; 15,000+ via apps

Ledger Flex — frequently asked questions

Is Ledger Flex safe?

Ledger Flex is a hardware wallet. It keeps your private keys offline on a EAL6+ (ST33) secure element, so they can't be reached remotely. Its firmware and app are closed-source. Brand-wide 2020 breach and 2023 Recover controversy. The biggest risk with any self-custody wallet is your recovery phrase — never share it or type it into a website.

How much does Ledger Flex cost?

Ledger Flex costs ~A$378 (USD-converted (~US$249)). Only ever buy a hardware wallet directly from the manufacturer or an authorised reseller — never a marketplace listing or a "pre-configured" device.

What coins does Ledger Flex support?

Ledger Flex supports 5,500+ via Ledger Live; 15,000+ via apps. Check it covers the specific coins and networks you hold before you commit.

Is Ledger Flex good for beginners?

Yes — Ledger Flex is one of the more beginner-friendly options. It's a hardware wallet, best for touchscreen, mid-premium, NFT display.

What happens if I lose my Ledger Flex device?

Losing the device doesn't mean losing your crypto — you restore your funds onto a new device using your backup (24-word seed phrase). But if you lose the recovery phrase itself, the funds are gone permanently — no one, including the maker, can recover them. Back it up offline in more than one secure place.

General information only — not financial advice. Prices are approximate (many makers publish USD only) and change frequently; verify current pricing with the maker. Self-custody wallets put you in full control of your keys and your risk.