Choosing a hardware wallet for your digital assets is a great way to keep your cryptocurrency safe from malicious third parties. However, there are many options available on the market, and knowing the benefits of each one is crucial to choosing the best wallet for your needs. One great wallet that’s a big hit among traders is the Ledger Nano X. If Ledger is a brand that has caught your eye, here are some of the best features of the Nano X that make it a stand-out product.
The Ledger Nano X is packed with security features to protect your digital assets.
It’s important to remember that, while the Nano X is a hardware device, it’s also a cold wallet. This means that it’s inherently more secure for your crypto than software wallets such as those you might find on your exchange or those you would download. As such, you can expect your Ledger device to come with all of the necessary security features to ensure that your crypto assets aren’t going anywhere anytime soon. When you decide to buy a ledger hardware wallet, you get features like:
- Built-in private keys that can’t be hacked from the outside
- A required PIN code and passphrase to help you prevent break-ins and protect certain wallets should someone manage to get into your device
- Multi-button operations so that your physical presence is required to do anything with your crypto
Put simply, the Nano X was designed with security in mind so that traders and investors could maintain possession of their crypto without having to worry about potential hacks like those that have happened to exchanges in the past. A full review from a platform like CryptoVantage will give you all the details you need to understand the Nano X and what it offers to help you keep your cryptocurrency safe!
The Ledger Nano X supports a wide variety of crypto assets.
While cryptocurrency is its own unique asset category, it’s still very much like any other investment. Those who decide to put money into crypto don’t put all their eggs in one basket. Rather, they may develop a diversified crypto portfolio with a wide range of assets like Ethereum, Algorand, Dogecoin, and Cardano, just to name a few. Because of this, they need a wallet that’s capable of storing all of their tokens and coins with ease. The Nano X device offers support for over 1,300 digital assets and supports all major desktop operating systems so that you don’t have to worry about leaving some of your assets in less secure wallets when you make the switch to a hardware device.
You can connect to your device with your smartphone.
Hardware wallets previously required you to connect directly to your laptop or desktop computer with a USB cord. However, you don’t have to do that with the Nano X. Instead, the Nano X offers Bluetooth capabilities so that you can use your wallet remotely through the available mobile app to access your funds. Whether you’re looking to put it into an exchange or you want to transfer it to a wallet connected to a debit card so that you can spend it, you no longer have to go through the process of using a ton of tech to make transfers a reality.
External wallets outside of cryptocurrency exchanges like Coinbase are essential for investors who don’t want to put their funds at risk, especially if they’re investing large amounts. Learn how you can make your crypto more secure with a Ledger device and discover what the Nano X has to offer before you decide to buy it for your trading needs.