Ledger Nano X Review

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

Verdict

The mobile-friendly classic Ledger — Bluetooth plus a built-in battery for phone use.

Score breakdown

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

Security 8.0
Openness 4.0
Assets & chains 9.0
Ease of use 8.5
Value 7.0
Backup & recovery 6.0

Pros

  • Bluetooth + battery for mobile
  • Broad asset support
  • Mature, well-supported ecosystem

Cons

  • Closed-source firmware
  • Older EAL5+ chip (vs EAL6+ on newer models)
  • Small button screen

Security & track record

Brand-wide 2020 breach and 2023 Recover controversy; no device key compromise.

Specifications

TypeHardware · Hardware wallet
Price~A$226 (USD-converted (~US$149))
MakerLedger · France
Released2019
Secure elementEAL5+ (ST33)
Open sourceClosed-source
Backup / recovery24-word seed phrase
Air-gappedNo
ConnectivityUSB-C, Bluetooth
Screen128×64 mono OLED (buttons)
PlatformsDesktop, Android, iOS
Assets5,500+ via Ledger Live; 15,000+ via apps

Ledger Nano X — frequently asked questions

Is Ledger Nano X safe?

Ledger Nano X is a hardware wallet. It keeps your private keys offline on a EAL5+ (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; no device key compromise. 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 Nano X cost?

Ledger Nano X costs ~A$226 (USD-converted (~US$149)). 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 Nano X support?

Ledger Nano X 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 Nano X good for beginners?

Yes — Ledger Nano X is one of the more beginner-friendly options. It's a hardware wallet, best for mobile users, Bluetooth, everyday use.

What happens if I lose my Ledger Nano X 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.