Hardware wallet review
Ledger Nano X
Reviewed for custody, security, supported assets, cost, audit history, backup model, and open-source status.
3.9 C IC wallet score
CustodyNon-custodial
TypeHardware
Supported assets5,500
Price$149
Open sourceNo
Last verified2026-04-15
Security And Backup
24-word seed phrase (BIP39)
Pros
- CC EAL5+ certified Secure Element chip
- Bluetooth and USB-C; works with Ledger Live mobile
- Supports 5,500+ coins and tokens
Cons
- Closed-source firmware
- 2020 e-commerce data breach exposed customer addresses
- Bluetooth attack surface (mitigated, but exists)
Score Breakdown
Security 4.7 Key isolation, audits, recovery
UX 4.2 Setup, daily use, recovery flow
Asset coverage 4.7 Chains and tokens supported
Cost 3.4 Device price + on-chain fees added
Open source 2.0 Source available + audited
Audits
- Kudelski Security (Secure Element)
- Ledger Donjon internal red-team