Ledger Nano X is a hardware wallet created by Ledger SAS, a French company. It is the latest model in their line of hardware wallets, which are designed to provide users with secure storage for their cryptocurrency investments. The device connects via Bluetooth to any computer or smartphone and allows users to manage multiple accounts from one device.
The Ledger Nano X supports over 1100 cryptocurrencies including Bitcoin, Ethereum and other major altcoins as well as ERC-20 tokens. It has a large memory capacity compared to previous versions and can store up to 100 applications at once. Furthermore, it provides an extra layer of security through its secure element chip that stores user data separately from the main processor and requires confirmation before completing any transactions. This feature ensures that even if the device is compromised, your crypto assets remain safe on the blockchain network itself.
Users can install apps such as MyEtherWallet on the Nano X in order to interact with different blockchains directly from their mobile devices or computers without having to go through third party services like exchanges or web wallets first. They also have access to features like backup & restore functions for added convenience in case they ever lose access due to theft or damage of the physical device itself..
Overall, Ledger Nano X offers advanced security features combined with convenience when dealing with digital currencies making it one of most popular hardware wallets available today for serious cryptocurrency investors looking for peace of mind when storing their crypto assets securely offline away from potential hackers and malicious actors online
