With support for over 5000 coins and tokens, the Ledger Stax offers broad compatibility with various digital assets. The wallet also supports NFTs, making it a versatile option for investors interested in the growing NFT market.
In today’s digital age, security is a major concern. With the increasing popularity of cryptocurrencies, the need for secure storage has become more important than ever.
Hardware wallets are a popular choice for crypto investors to store their digital assets securely. Ledger, one of the leading names in the hardware wallet industry, has recently released its newest premium product, the Ledger Stax.
In this article, we’ll have Ledger Stax Review and, assess its features, benefits, drawbacks, and comparison with other cold wallets.
What is Ledger Stax?
Ledger Stax is a hardware wallet designed to securely store and manage cryptocurrencies and NFTs. It is the latest addition to the Ledger devices family, and it comes with many features that make it stand out from its predecessors, the Ledger Nano X and Ledger Nano S Plus.
It features a curved E Ink touchscreen, making signing your transactions easy. Additionally, you can customize the lock screen with your favorite NFT or photo, making it unique to you.
The hardware wallet has Bluetooth connectivity, a USB-C port, a touchscreen display, and wireless charging capabilities.
Key Features of Ledger Stax
- Secure element for protection against physical attacks
- Large display for easy navigation
- 5000+ cryptocurrencies are supported, including Bitcoin and Ethereum
- Bluetooth connectivity for wireless use
- Backup and recovery using a 24-word recovery phrase
- Qi wireless charging and data transfer
- Customizable lock screen with different NFTs
- Tamper-evident design
- PIN support for additional security
- Custom-built BOLOS operating system
- Compact and easily portable design
Pros and Cons of Ledger Stax
Pros:
- Offers a premium and stylish hardware wallet design
- Supports a wide range of cryptocurrencies and NFTs
- Provides high-level security with secure elements and anti-tampering features
- Includes a large, high-resolution touchscreen for easier navigation and management of crypto assets
- Connect with Ledger Live mobile app.
Cons:
- Higher price point compared to other Ledger wallets and competitors
- Not 100% air-gapped
- Bluetooth connectivity may raise additional security concerns.
Ledger Stax Review: Product Features
The Ledger Stax has several features that make it an excellent choice for HODLers and investors.
Here are some of the key features of Ledger Stax:
1. Design & Display
The Ledger Stax is designed with both aesthetics and functionality in mind. Its E Ink curved touchscreen measures 3.7 inches with a 400×672 px resolution, making it easy to read and sign transactions and display your crypto portfolio. It can also show information in 16 different shades of grey.
The device is crafted from aluminum and plastic and features embedded magnets on its surface.
2. Size & Weight
Ledger Stax is portable and designed for easy use at any location. Its dimensions measure 85mm x 54mm x 6mm thick, roughly similar to an average credit card size.
The small sizes enable easy transport anywhere and make it handy for you. It is about 45.2 kg weighted. These devices are fairly lightweight and won’t weigh you down nor make your pocket more compact and heavier.
3. Connectivity
It offers two different connectivity options to suit your needs. Firstly, it features Bluetooth 5.2 connectivity, allowing you to connect to your smartphone wirelessly. This means you can easily manage your Bitcoin without worrying about cables or wires getting in the way.
In addition to Bluetooth connectivity, the Ledger Stax is equipped with a USB Type-C port. This makes easy data transfer and firmware updates.
4. Power & Battery
Ledger Stax includes a rechargeable lithium-ion battery with a 200-milliampere/hour capacity, providing consistent performance for extended periods.
It boasts Qi wireless charging capabilities. It is a method of charging electronic devices without cables using an electromagnetic field to transfer energy.
5. Embedded Magnets
Embedded magnets make Ledger Stax stackable. When using cryptocurrency frequently, it’s common to possess multiple Ledgers. These can serve different purposes, such as securing NFT collections, Ethereum-based assets, or serving as a public wallet or long-term storage.
If you have several Ledgers, it’s practical to stack them together for storage. Embedded magnets enable the devices to be stacked neatly on top of one another.
Ledger Stax Review: Supported Cryptocurrencies and NFTs
The device supports various digital asset types, including tokens, coins, and cryptocurrencies. In the Ledger Live app, users can access over 500 cryptocurrencies. It includes famous cryptocurrencies like Bitcoin and Ethereum and lesser recognizable altcoins.
Ledger Stax also supports non-fungible tokens (NFTs) based on the Ethereum (ERC-721 and ERC-1155) and Polygon networks.
Using a third-party wallet like Metamask or Exodus, it supports additional 5000 cryptocurrencies and NFTs.
Ledger Stax Review: Security and Safety
Ledger Stax hardware wallet uses the ST33K1M5 secure element chip from STMicroelectronics, certified to CC EAL5+ security standard.
This chip provides hardware-level security for the private keys stored on the device, protecting against physical and remote attacks.
The CC EAL5+ certification is a high-security standard governments and industries use worldwide. It ensures the device has undergone rigorous testing and evaluation to meet strict security requirements.
Some other security features are:
- Private keys are stored on the user’s device: Ledger Stax is a non-custodial wallet, meaning users control their private keys and funds.
- 2FA: The device supports two-factor authentication and passphrase, adding a layer of security when logging in or sending transactions.
- Multi-signature support: It supports multi-signature wallets, which require multiple parties to sign off on transactions, providing added security and protection against fraud.
- Firmware updates: Ledger Stax regularly releases software updates, including security enhancements and bug fixes.
- BOLOS OS: The hardware wallet uses the BOLOS (Blockchain Open Ledger Operating System) operating system, a custom-built system designed by Ledger.
Related Article: 11 Best DeFi Wallets You Should Know in 2024
Ledger Stax Review: OS Compatibility
Ledger Live app is compatible with Windows, macOS, Linux, Android, and iOS operating systems. You can use Ledger Live on your desktop or mobile device to manage your Ledger Stax hardware wallet.
To use Ledger Live on your desktop, you must have Windows 10+, macOS 12+, or Linux Ubuntu 20.04+. To use Ledger Live on your mobile device, you need to have Android 10+ or iOS 14+.
Once you have a compatible operating system, you can use the Ledger Live app to manage your crypto assets, stake your tokens on supported networks, save Ethereum and Polygon NFTs, and earn rewards.
What is the Price of Ledger Stax?
The Ledger Stax is priced at US$279, which positions it as the most expensive hardware wallet offered by Ledger.
In comparison, the Nano X is priced at US$149, while the Ledger Nano S Plus costs US$79. The Nano S Plus might be better if you want a more affordable option.
So, if you’re comparing prices, the Ledger Stax is more expensive than the previous Ledger versions. However, it’s also a step up in functionality and ease of use.
Ledger Stax vs Ledger Nano X vs Nano S Plus
| Features | Ledger Stax | Ledger Nano X | Ledger Nano S Plus |
| Price (excluding GST and duty) | $279 | $149 | $79 |
| Screen Type | E Ink® | OLED | OLED |
| Screen Resolution | 400×672 px | 128×64 px | 128×64 px |
| Touchscreen | ✓ | ✘ | ✘ |
| Bluetooth | ✓ | ✓ | ✘ |
| Wireless charging | ✓ | ✘ | ✘ |
| Connector | USB-C | USB-C | USB-C |
| Ledger Live Compatibility | ✓ | ✓ | ✓ |
| Ledger Live app (NFTs) | Ethereum and Polygon NFTs | Ethereum and Polygon NFTs | Ethereum and Polygon NFTs |
| Third-Party wallet (coins) | 5000+ coins | 5000+ coins | 5000+ coins |
| Ledger Live app (coins) | 500+ coins | 500+ coins | 500+ coins |
| Secure Element chip | Certified Secure Element (CC EAL5+) | Certified Secure Element (CC EAL5+) | Certified Secure Element (CC EAL5+) |
| PIN protection | ✓ | ✓ | ✓ |
| Seed Phrase | 24-word | 24-word | 24-word |
| Third-party wallets | Compatible with 50+ wallets | Compatible with 50+ wallets | Compatible with 50+ wallets |
Ledger Stax Alternatives and Comparison
Ledger Stax, Trezor Model T, and Ellipal Titan are all popular hardware wallets designed to secure digital assets.
- Design: The Ledger Stax features a curved E Ink touchscreen, the Trezor Model T has a full-color touchscreen, and the Ellipal Titan has a larger touchscreen with a QR-code scanning camera.
- Digital Asset support: Ledger stax supports 5000+ coins and tokens, Trezor Model T supports 1456 tokens, and ELLIPAL Titan offers 10,000+ altcoins on 52 blockchains, including the ERC-20 network.
- Price: The Ledger Stax is the most expensive of the three, with a price of $279, the Trezor Model T costs $219, and the Ellipal Titan is priced at $79.
How Do I Connect My Ledger Stax to The Ledger Live App?
- Download and install the Ledger Live app on your computer from the official Ledger website.
- Connect your Ledger Stax to your computer using the USB cable that came with the device or Bluetooth.
- Enter your PIN code on the device to unlock it.
- Click the “Get Started” button on the Ledger Live app and select “Ledger Stax” as your device.
- Follow the given instructions to complete the setup procedure.
- Once your Ledger Stax is linked to the Ledger Live app, you should be able to access all the features and functions of the app, including managing your crypto assets, installing apps, and updating firmware.
How To Send And Receive Cryptocurrencies Using Ledger Stax?
- Connect your Ledger Stax to your mobile or desktop Ledger Live app.
- Select the cryptocurrency you want to send/receive and click on “Send” or “Receive” in the app.
- Enter the number of cryptocurrencies or USD amount you want to send and the recipient’s address.
- Confirm the transaction details on your Ledger Stax by using a touchscreen display.
- Once the transaction is confirmed, the cryptocurrency will be sent to the recipient’s address.
Related Article: Ledger Vs Trezor
Final Thoughts: Is Ledger Stax Worth Your Investment?
Our Ledger Stax review has found that this wallet is a great choice for those who want a top-of-the-line hardware wallet with exceptional security, a user-friendly interface, and customization options.
Its modular design, wireless charging, and large E-ink display make it a standout option in the hardware wallet market.
With support for over 5000 coins and tokens, the Ledger Stax offers broad compatibility with various digital assets. The wallet also supports NFTs, making it a versatile option for investors interested in the growing NFT market.
Ledger Stax Review – FAQs
What Is a Hardware Wallet?
A hardware wallet is a physical device designed to store private keys necessary for accessing your cryptocurrencies on the blockchain.
Unlike software wallets, which are connected to the Internet, hardware wallets are cold storage devices, meaning they are not connected to the Internet and are thus less susceptible to hacking attempts.
Is Ledger Stax Safe to Use?
Ledger Stax comes with a Secure Element chip, which is a tamper-proof hardware component that stores your private keys and helps to secure your transactions.
The Secure Element is designed to protect against various attack scenarios, including physical, malware, and network attacks.
It also incorporates other security features, such as a PIN code system, a backup and recovery phrase, and two-factor authentication (2FA).
Is Ledger Stax Cold Storage?
Yes, Ledger Stax is a cold storage wallet for cryptocurrencies. It is a new hardware wallet from Ledger that stores your private keys offline.
This offline storage, also known as “cold storage,” provides a high level of security for digital assets, as it prevents them from being accessed by hackers or malicious software.
What If I Lose My Ledger Stax?
If you lose your Ledger Stax hardware wallet, there is a risk that you could lose access to your cryptocurrency holdings. Your crypto assets are not stored on the device but on the blockchain network.
Therefore, as long as you have your recovery seed phrase, you should be able to restore your wallet and regain access to your crypto funds.
You must keep your seed phrase in a safe and secure location, ideally offline and away from any potential threats such as fire or theft. Suppose you cannot find your Ledger Stax or access your seed phrase. In that case, recovering your funds may be difficult or even impossible.
