Hot wallets store private keys on systems connected to the internet, which makes them susceptible to online attacks. Keeping your crypto on an exchange means you have no true ownership or control over it. If the exchange files for bankruptcy or pauses withdrawals, you lose access to your funds. Hardware wallets store your private keys offline, giving you full control and enhanced security. Even if you misplace or lose your hardware wallet, you can get a new one and use your Secret Recovery Phrase to access your assets.

Misplaced your Ledger? It got stolen? Accidentally soaked it in water or dropped it from a considerable height. Don’t worry, losing your Ledger doesn’t mean losing your crypto. Your assets are stored on the blockchain, which you can access using your Ledger. You can access, manage, and retrieve your assets as long as your secret recovery phrase is safe and accessible only to you. Simply get another Ledger and restore accounts using your recovery phrase. And boom, you’re back in the game.

With a Ledger Nano X™ and a Ledger Nano S Plus™ you can manage 15,000+ coins and tokens, including Bitcoin, Ethereum and XRP, and install up to 100 apps. Here you can find the full list of supported coins and tokens

Besides many similarities, there are also notable differences between the two wallets. Ledger Nano X™ comes with Bluetooth functionality and is compatible with Ledger Wallet™ (formerly Ledger Live™) for iOS.

With the Ledger Wallet™ app (formerly Ledger Live™), it's easy to transfer crypto from an exchange to your Ledger Nano X™ or Ledger Nano S Plus™. You will need to generate a deposit address and then paste it into your exchange account to withdraw your funds. When you withdraw crypto to your Ledger, you control the assets, not a third party.

For more information on transferring your crypto from an exchange, check out this article.

Security has evolved, and so have we. Ledger signer isn’t just a new name, it’s a new standard. A signer isn’t just a hardware wallet; it’s a device that proves you are truly you when accessing apps, signing transactions, and securing your digital life. Ledger devices don’t store digital value. They sign transactions. They prove intent. They verify identity. They’re the secure bridge between who you are and what you do online. They don’t just hold private keys. Signers empower you to trust yourself. We now call Ledger devices signers because that’s what they truly are.