Ledger announces next-generation cryptocurrency hardware wallet

By Avatar on
January 8, 2019
  -   Like us now!  

Cryptocurrency provider Ledger, known for its hardware wallets, announced the release of Ledger Nano X, an upgrade to its previous flagship device, the Ledger Nano S.

The older Ledger Nano S is the world’s best-selling cryptocurrency hardware wallet to date, but it’s time for an upgrade. Ledger is delivering that upgrade, and the next generation Ledger Nano X is a Bluetooth enabled wallet, which means that you will be able to send and receive tokens from your smartphone.

Switching to Bluetooth and opening it up to smartphones, is certainly going to help the new hardware wallet manage your cryptocurrencies. Leger Nano S is essentially a high-security USB stick that requires you to hold private keys, to plug into your computer in order to execute a crypto transaction.

The major difference between Ledger Nano S and Ledger Nano X is that the users will be able to use Ledger Nano X with a cellphone, unlike Ledger Nano S which required a laptop. The new Ledger Nano X also has a redesigned interface, a larger screen and six times the storage capacity of the old Ledger.

Ledger is going to launch a mobile app called Ledger Live. You’ll find the same features like the ones in the desktop app. You’ll be able to install new apps, check your balances and manage transactions.