Ledger Stax
Ledger Stax is a credit card like kind of storage device for keeping your digital secured in offline. It comes with an aluminum and plastic build, embedded magnets for stack-ability, as the it’s both durable and easily portable crypto hardware wallet. It features a secure element chip that is certified at the CC EAL5+ level, providing top-of-the-line protection for digital currency and assets.
Product Brand: Ledger SAS
4.9
Pros
- Portable and pocket friendly
- Long lasting battery
- Bigger touch-screen
- Excellent sleek design
- High durability
Cons
- It is too expensive
- Not 100% air-gapped
- Security concerns due to Bluetooth connectivity
Ledger hardware wallets are solution for those wanting more control of their crypto assets for the long-term, while ensuring safety of their investments.
Instead of storing crypto in an online wallet, you can use the secure and encrypted Ledger Stax wallet.
In December 2022, the security company released a brand new wallet device (Ledger Stax), and it’s been trending everywhere in the market.
In this Ledger Stax wallet review, we will take you through the features, security, pros and cons that makes it a good hardware wallet for your digital assets.
Let’s dive in…
Introduction to Ledger company
First and foremost, Ledger SAS, a Paris-based company founded in 2014, and now has a team of over 300 around the world.
They also have different branch offices in Paris, Vierzon, New York, Zurich and Singapore.
Ledger develops unique, secure, proprietary OS known as BOLOS, integral to their hardware wallets, which has a secure chip, another unique development by Ledger.
Alongside consumer products, they’re also known for Hardware Security Module (HSM) that keeps numerous large companies’ crypto assets and projects secure.
Since launching, over 3 million hardware wallets have been sold, they have customers in 200 countries, and 100 resellers stock Ledger devices.
Ledger Stax overview
The Ledger Stax is a new hardware wallet from Ledger that supports the storage of crypto-coins like; Bitcoin, Ethereum and all other altcoins.
It’s a small, credit-card-like device that can be carried around, and used for storing crypto assets, while giving you access to them whenever you want.
What makes the Ledger Stax unique is its security features and its ability to protect your crypto investment against unauthorized access.
It also has an offline capabilities to store your cryptocurrency on the Ledger Stax without the need of having internet connection.
It comes with an aluminum and plastic build, embedded magnets for stack-ability, as the Nano Stax is both durable and easily portable cryptocurrency wallet.
Ledger Stax features
Let’s go deep into the hardware wallet features, so you will see the reason why you should purchase for storing your investments, despite how costly it may be.
The screen
The Ledger Stax wallet features a black and white E Ink® curved touch screen, and has a display size of 3.7 inches and a resolution of 400×672 px.
It is capable of displaying 16 scales of gray, providing clear and easy-to-read information, no matter if you’re using under the sun-rays.
The memory
The Ledger Stax also has a larger memory size, which may allow users to store more non-fungible token images or cryptocurrency apps.
It has the same certification level and secure element chip as the Ledger Nano X, and it supports the same crypto-coins, but can accept more applications.
Its battery
In terms of power, the Ledger Stax crypto wallet has a built-in rechargeable lithium-ion battery with a 200 mah capacity to help it stay on for a very long time.
This crypto wallet can actually stay on for several months, especially when left unused and fully charged with Qi wireless charging for added convenience.
Connectivity
The Ledger Stax cryptocurrency wallet uses Bluetooth 5.2® to connect to a smartphone, tablet, and also features a USB type C port.
It is compatible with 64-bit desktop computers running Windows 10+, macOS 12+, or Ubuntu LTS 20.04+, but not compatible with ARM processors and Chromebooks.
Ledger Stax security
It features a ST33K1M5 secure element chip and has been certified at the CC EAL5+ level, providing top-of-the-line protection for users’ digital assets.
It’s a tamper-resistant device, capable of hosting apps and data in accordance with rules, and security requirements set by pre-authorized applications people can use.
Supported crypto-coins
In terms of digital asset support, Ledger Stax is compatible with over 500 different crypto and tokens, when used with the Ledger Live app.
It has support for Ethereum and Polygon NFTs on the Live app, and can support more than 5000+ crypto, tokens, and NFTs when used with a third-party wallet.
Overall, Ledger Stax is a versatile and secure option for managing digital assets on-the-go.
Its compact size, security, and range of supported cryptocurrencies make it a valuable tool for anyone looking to securely manage their digital assets.
Ledger Stax price
The Ledger Stax is priced at $279, which is $130 more expensive than Ledger Nano X, and $200 more expensive than Nano S Plus.
When the Stax is compared to Nano S, it’s about $210 more expensive.
If you already own Ledger Nano X, or Nano S Plus (or even Nano S), you prolly don’t need this wallet, as terms of functionality, it does not offer anything new.
However, it does look great and much easier to use than the previous models.
It can fit in your wallet (the real one), and since it can be wirelessly charged and the battery can hold for months, which make it feel like a regular credit card.
Ledger Stax vs Nano X vs Nano S Plus
There are couple of differences between these crypto hardware wallets, while the majority of their features are still the same.
The biggest difference is in the screen, design and looks of the new Stax model, but for the functionality, it is pretty much the same as with previous models.
- Bluetooth compatibility: Ledger Nano Stax and Nano X are compatible with smartphones, while Ledger Nano S/S Plus isn’t
- Hardware: Ledger Nano S and S Plus has no touchscreen
- Wireless charging: Only Ledger Nano Stax supports Qi charging
- Screen size: Stax has a much bigger screen than the other two Ledger Models
- Body build: The Ledger Stax has magnetic casing for stacking.
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 to sign your transactions securely
The Secure Element is designed to protect against attack scenarios including; physical, malware and network attacks.
It also incorporates other security features, such as a PIN, recovery phrase and two-factor authentication (2-FA).
Is the Ledger Stax a cold storage wallet?
Yes, Ledger Stax is a cold storage wallet for cryptocurrencies, as it’s a hardware wallet that stores digital currencies and assets without the need for internet connection.
This offline storage feature known as ‘cold storage’ can provide high level of security for digital assets, as it prevents hackers or malicous softwares from accessing your crypto funds.
What happens if I misplace my Ledger Stax wallet?
If you lose your Ledger Stax hardware wallet, there is a risk that you could lose access to your cryptocurrency holdings.
However, your digital currency and assets aren’t stored on the wallet device itself, but on the blockchain network.
Therefore, you can restore your crypto wallet and regain access to your funds.
My verdict
If you want extra security and peace of mind, then whether you get a Nano S Plus, Nano X or the Stax, hardware wallet is a long-term investment.
Ledger hardware devices are definitely worth buying if you’re serious about cryptocurrency investing.
Stax is perfect when you have to complete crypto transactions on the go with precision and remain secure throughout the transaction.
However, if you’re just into buying and selling or holding onto crypto assets, then a Ledger Nano S Plus would be enough.
Arguably could be considered the most secure as it does not have Bluetooth feature.
We hope you found our review useful, and if you want to purchase a Ledger wallet, make sure you purchase from the official Ledger store.
