The Ledger is a self-custodial hardware wallet used to store NFTs and manage, buy or swap bitcoin and other cryptocurrencies. The Ledger Nano S supports around 107 cryptocurrencies along with over 100 ECR20 tokens, while allowing users to regulate up to 3 currencies at once. The Ledger Nano X can store more than 1100 cryptocurrencies with the ability to manage approximately 100 coins at a time. This version also offers extra features including a larger screen and Bluetooth functionality.

Like the Coldcard wallet, The Ledger uses the Secure Element. This component is a microprocessor chip also incorporated in passports, payment systems and credit cards, intended to provide an extra layer of security. The chip possesses a high resistance to potential attacks and is designed to protect highly sensitive data. In the case of the Ledger, the Secure Element chip is used to generate and store private keys for the user’s assets.

For those requiring to view their assets, the Ledger Live app for Android and IOS devices is recommended. The platform has been recognized as great for portfolio price tracking as well as storing and managing funds. The user interface design is seen as very intuitive and both product and app have been described as easy to use.

Owners of the Ledger appreciate the small size as it makes the device easy to hide and keep in a safe place. The more security conscious user tends to lean towards the Nano S as it does not include the Bluetooth feature. Nonetheless, Ledger has been rated highly in reference to security measures and is currently the only hardware wallet certified by the French Cyber Security Agency, assuring trust amongst its customers.