Ledger Nano X Review 2026: Is It Still Worth Buying at $99?

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The Ledger Nano X has been one of the most popular crypto hardware wallets for years, and a price cut to $99 makes it better value than ever. It keeps your private keys offline on a secure chip, connects to your phone over Bluetooth and supports more coins than almost any other wallet. Our Ledger Nano X review covers security, features, the Ledger Wallet app, the downsides and who should buy it in 2026.

Quick answer: Yes, the Ledger Nano X is still worth buying in 2026, especially at its new $99 price. It’s the best choice for people who want to manage crypto from their phone, because it’s one of the few hardware wallets that works with iPhone over Bluetooth, and it supports 15,000+ coins and tokens through the Ledger Wallet app. Its weaknesses are a small, button-driven screen and partly closed-source firmware. If you want a touchscreen, consider the Ledger Nano Gen5; if you want fully open-source firmware, choose the Trezor Safe 5.

Prices and specs were checked on the official Ledger store in October 2026. Ledger runs frequent sales and bundles, so confirm the current price before you buy.

Ledger Nano X at a glance

	Ledger Nano X
Price	$99 at the official store (previously $149)
Screen	1.1-inch monochrome OLED, 128 x 64 pixels, two buttons
Connection	Bluetooth and USB-C (USB-A to USB-C cable included)
Phone support	iPhone and Android over Bluetooth
Security chip	Certified secure element (CC EAL5+)
Supported assets	15,000+ coins and tokens, according to Ledger
Companion app	Ledger Wallet (formerly Ledger Live), desktop and mobile
Battery	Built-in rechargeable battery for wireless use
Best for	Managing crypto on the go and holding many different coins

Our verdict

Check the Nano X price

Design and setup

The Nano X is about the size of a USB stick, with a stainless-steel swivel cover, a small OLED screen and two buttons on the sides. You press both buttons together to confirm. It ships with a USB-A to USB-C cable, recovery sheets and a quick-start guide.

Setup takes about 15 minutes. You download the Ledger Wallet app from Ledger’s official website or your phone’s app store, choose a PIN on the device, and write down the 24-word recovery phrase it shows you. That phrase is the master backup for your crypto: anyone who has it can take your coins, and if you lose your device, it’s how you get your coins back. Write it on paper or a metal backup and never type it into a phone, computer or website.

Security

Your private keys are generated and stored inside a certified secure element chip, the same kind of chip used in passports and bank cards. They never leave the device. Every transaction has to be approved by pressing the buttons on the Nano X itself, so malware on your phone or computer can’t quietly move your crypto.

• PIN protection: the device wipes itself after three wrong PIN attempts, and you restore it from your recovery phrase.
• Optional passphrase: adds a 25th word that creates a separate hidden wallet.
• Genuine check: Ledger Wallet verifies that your device is authentic when you connect it.
• Bluetooth safety: Bluetooth only carries signed transactions and public data. Your keys and recovery phrase never travel over it, and you can turn it off.

The main criticism is that Ledger’s secure element firmware is closed source, so you have to trust Ledger more than you would with a fully open-source wallet like Trezor. Ledger also drew criticism in 2023 for Ledger Recover, an optional paid service that can back up an encrypted copy of your recovery phrase with third parties. It’s off by default and you never have to use it. In 2020, a breach of Ledger’s marketing database exposed customers’ contact details, which led to phishing scams, though no funds or recovery phrases were affected.

Coin support and the Ledger Wallet app

Coin support is the Nano X’s biggest strength. Ledger says it supports more than 15,000 coins and tokens, including Bitcoin, Ethereum, Solana, XRP, Cardano, Dogecoin and stablecoins, plus tokens on networks such as Ethereum, Solana and Polygon. You can install up to 100 coin apps at once, so you rarely need to remove one to make room for another.

Ledger renamed its companion app from Ledger Live to Ledger Wallet in late 2025. From the app you can check balances, send and receive, buy and sell through partners, swap between coins and stake coins such as Ethereum and Solana. The Nano X also connects to popular wallets like MetaMask, so you can use DeFi apps while your keys stay on the device. Partner services such as buying and swapping charge their own fees, so compare prices before you use them.

Shop Ledger Nano X

Bluetooth and mobile use

Bluetooth is the main reason to choose the Nano X. It pairs with the Ledger Wallet app on iPhone and Android, so you can check balances and approve transactions on the move without a cable. Many hardware wallets, including the Ledger Nano S Plus and the Trezor Safe 3 and Safe 5, can’t send from an iPhone at all. If you mainly use an iPhone, the Nano X is one of the cheapest ways to use a hardware wallet properly on it.

The battery is for wireless use and lasts for several hours of activity. After a few years it holds less charge, but the Nano X still works fine when plugged in by cable.

Ledger Nano X vs other Ledger models

Model	Price	Screen	Bluetooth	Best for
Nano S Plus	$69	1.1-inch OLED, buttons	No	Desktop users on a budget
Nano X	$99	1.1-inch OLED, buttons	Yes	Phone users and most people
Nano Gen5	$179	2.8-inch E Ink touchscreen	Yes, plus NFC	Easier transaction checking
Flex and Stax	About $249 to $399	Large E Ink touchscreens	Yes, plus NFC	Premium screens and larger portfolios

The Nano S Plus has the same coin support and security chip for $30 less, but no Bluetooth or battery, so it’s best if you only use a computer. The Nano Gen5 adds a 2.8-inch E Ink touchscreen that makes reading addresses and transaction details much easier. If you can stretch your budget and value that clarity, it’s worth a look. For most people, the Nano X hits the sweet spot.

Ledger Nano X vs Trezor Safe 5

Wallet	Best for	Highlights
Ledger Nano X Best for mobile	iPhone and Android users	$99, Bluetooth, 15,000+ coins and tokens	Shop Ledger
Trezor Safe 5 Best open source	Transparency and desktop	$129, color touchscreen, open-source firmware	Shop Trezor
Ledger Nano S Plus Best budget Ledger	Desktop users	$69, same coin support, no Bluetooth	Shop Ledger

The Trezor Safe 5 costs $30 more and has a much better screen: a 1.54-inch color touchscreen with haptic feedback. Its firmware is fully open source. But it connects by USB-C only and has limited iPhone support, while the Nano X works wirelessly with both iPhone and Android. Read our full Ledger vs Trezor comparison.

How to buy and set up a Nano X safely

1. Buy from the official Ledger store or an authorized reseller. Avoid marketplace sellers and used devices.
2. Check that the box is sealed and that the device asks you to create a new wallet. Never use a device that arrives with a recovery phrase already filled in.
3. Download Ledger Wallet only from ledger.com or your phone’s official app store.
4. Write your 24 words on the recovery sheet or a metal backup and store it somewhere safe and private.
5. Send a small test amount first, then move the rest of your crypto from the exchange.

Ledger owners are frequent targets of phishing emails, fake apps and even letters in the post asking for recovery phrases. Ledger will never ask for your 24 words. Learn the warning signs in our guide to crypto scams.

Who should buy the Ledger Nano X?

• Buy it if you want to manage crypto from your phone, especially an iPhone, or you hold many different coins and tokens.
• Choose the Nano S Plus if you only use a computer and want to save $30.
• Choose the Nano Gen5 if you want an easy-to-read touchscreen.
• Choose the Trezor Safe 5 if fully open-source firmware matters more to you than Bluetooth.

The bottom line

The Ledger Nano X is a proven, secure hardware wallet, and at $99 it’s one of the best values in crypto security. It’s the easiest way to use a hardware wallet with an iPhone and supports almost any coin you’re likely to hold. Its small screen and closed-source firmware are real trade-offs, but for most people who want to move crypto off an exchange and manage it from their phone, it’s an excellent choice. Compare it with every other option in the best hardware wallets.

Frequently asked questions