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Can Ledger Nano X be used as a cold storage wallet for altcoins like Ethereum and Ripple, similar to Ledger Nano S Plus?

avatarDevelopediaNov 26, 2021 · 3 years ago3 answers

Can I store altcoins like Ethereum and Ripple on Ledger Nano X as a cold storage wallet, just like I can with Ledger Nano S Plus?

Can Ledger Nano X be used as a cold storage wallet for altcoins like Ethereum and Ripple, similar to Ledger Nano S Plus?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, Ledger Nano X can be used as a cold storage wallet for altcoins like Ethereum and Ripple. It offers the same level of security as Ledger Nano S Plus and supports a wide range of altcoins. Simply install the respective apps for Ethereum and Ripple on your Ledger Nano X and transfer your altcoins to the wallet. Your funds will be securely stored offline, protecting them from potential online threats.
  • avatarNov 26, 2021 · 3 years ago
    Definitely! Ledger Nano X is a great choice for cold storage of altcoins such as Ethereum and Ripple. It provides a secure and convenient way to store your digital assets offline. By using Ledger Live, you can easily manage and monitor your altcoin holdings. With Ledger Nano X, you can have peace of mind knowing that your altcoins are safe and protected from hackers and other security risks.
  • avatarNov 26, 2021 · 3 years ago
    Yes, you can absolutely use Ledger Nano X as a cold storage wallet for altcoins like Ethereum and Ripple. It offers the same level of security as Ledger Nano S Plus and provides support for a wide range of altcoins. With Ledger Nano X, you can securely store your altcoins offline, away from potential online threats. It's a reliable and convenient solution for safeguarding your digital assets.