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Crypto wallets (15)
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Coinbase Wallet vs Ledger Nano X in comparison

Overview

Description

The Coinbase Wallet is the official wallet of the crypto exchange Coinbase and is one of the leading apps for storing and trading cryptocurrencies. This popular wallet is very intuitive to use and offers many additional features, including a handy browser extension for accessing Web3 applications.

Coinbase Wallet
Reviews

The Ledger Nano X is a popular hardware wallet for securely storing cryptocurrencies, NFTs, and other digital assets. Its standout feature is the Bluetooth connection, allowing optional control via smartphone. The Nano X is the premium product from the hardware manufacturer Ledger.

Ledger Nano X
Reviews
Pro's & Con's
Pro's
  • Seamless integration with Coinbase exchange accounts.
  • Intuitive and user-friendly interface, ideal for beginners.
  • High-quality and clear design.
  • Includes a Web3 browser extension for easy access to decentralized applications.
  • Supports a wide range of cryptocurrencies and tokens.
Con's
  • Inconsistent customer support can lead to user dissatisfaction.
  • Higher transaction and network fees compared to some other wallets.
  • Centralized control may not appeal to users preferring decentralized options.
  • Limited advanced features for experienced users.
Pro's
  • Excellent build quality and high security standards.
  • Bluetooth connectivity for easy smartphone integration.
  • Ledger Live software allows asset management and supports up to 100 apps.
  • Reliable and trusted brand with a strong reputation.
Con's
  • Higher price compared to the Ledger Nano S.
  • Some users may find Bluetooth connectivity unnecessary.
  • Beginners may find the additional features and cost unnecessary.
  • Requires periodic firmware updates for optimal security.

User Interface

Information

Wallet type
Software
Hardware
Price (Hardware)
$149
Supported assets
180
+
5500
+
Open Source
yes
Yes
no
No
yes
Yes
no
No
Anonymity
Low
Medium
High
Low
Medium
High
Private Key Owner
You (Non-Custodial)
You (Non-Custodial)
Popularity
267.360 Follower
621.905 Followers

Hardware

Screen
128 x 64 Pixels
Interfaces
Bluetooth, USB-C
Service
Haptic buttons, smartphone (Bluetooth)
Processing quality
Low
Medium
High
Low
Medium
High
Secure Elements
CC EAL5+
FIDO U2F Authenticator
yes
Yes
no
No
yes
Yes
no
No
Certification
TRAP
Dimensions
72 mm × 18,6 mm × 11,75 mm
Weight
34 g
Scope of delivery
1 hardware wallet, 1 USB-C to USB-A cable, 1 getting started leaflet, 3 recovery sheets, 1 lanyard

Features

Buy & Sell
yes
Yes
no
No
yes
Yes
no
No
Staking
yes
Yes
no
No
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
yes
Yes
no
No
Backup
Recovery Seed (12 Words)
Recovery Seed (24 words)
Unique Features
  • Browser extension
  • Lending (earning interest)
  • DApp Browser
  • Bluetooth connection
  • Ledger Live App
  • Up to 100 apps
Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
8.3
10
9.3
10
Our individual ratings
Operation
10
10
complicated
simple
Supported Assets
180
5500
simple
extensive
Security & Trust
8
9
simple
extensive
Functions & Scope
9
10
simple
extensive
Beginner friendliness
10
9
simple
extensive
Support
5
8
simple
extensive

About

The Company
Coinbase, Inc.
Ledger SAS
Headquarters
USA
France
Company size
Small
Medium
Large
Small
Medium
Large
Founder
Brian Armstrong, Fred Ehrsam
Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France
Year of foundation
2012
2014

Our Review

For users who already utilize Coinbase as an exchange, the Coinbase Wallet is an excellent addition, as it can be linked to the exchange account. However, the Coinbase Wallet is also a strong option for users of other exchanges, particularly beginners. The app is intuitive, clear, and boasts a high-quality design. Additionally, Coinbase offers a browser extension that provides easy access to Web3 applications. One downside, however, is the customer support, which, similar to the Coinbase exchange, can be sporadic and lead to dissatisfaction among some users. Despite this, we can recommend the Coinbase software wallet, especially for beginners.

Coinbase Wallet
Review

The Ledger brand has long been synonymous with reliable and secure hardware wallets. The Ledger Nano X, the flagship product, impresses with its excellent build quality, high security standards, and easy handling thanks to its Bluetooth connection to smartphones. The accompanying software, Ledger Live, allows users to buy and sell assets and connect up to 100 apps. While we are big fans of Ledger products and find the Ledger Nano S to be perfectly adequate for beginners, those who value superior workmanship and connectivity will find the Nano X to be the best option. We use the Ledger Nano X ourselves and highly recommend it.

Ledger Nano X
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
July 9, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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