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Ledger Nano X vs SafePal in comparison

Overview

Description

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

The SafePal S1 is a hardware wallet for cryptocurrencies that operates without a physical connection to other devices (e.g., via USB). Instead, it uses QR codes generated on the wallet for transactions. In 2018, the company received investment from the crypto exchange Binance.

SafePal
Reviews
Pro's & Con's
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.
Pro's
  • Easy operation
  • Connection via QR code
  • Well-designed security features
  • Affordable price
  • Color display
Con's
  • Lesser-known company
  • Not open source

User Interface

Information

Wallet type
Hardware
Hardware
Price (Hardware)
$149
49 €
Supported assets
5500
+
30000
+
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
621.905 Followers
555,643 Followers

Hardware

Screen
128 x 64 Pixels
240 x 240 pixels
Interfaces
Bluetooth, USB-C
QR code
Service
Haptic buttons, smartphone (Bluetooth)
Haptic buttons, smartphone
Processing quality
Low
Medium
High
Low
Medium
High
Secure Elements
CC EAL5+
CC EAL5+
FIDO U2F Authenticator
yes
Yes
no
No
yes
Yes
no
No
Certification
TRAP
-
Dimensions
72 mm × 18,6 mm × 11,75 mm
86 mm x 54mm x 6mm
Weight
34 g
124 g
Scope of delivery
1 hardware wallet, 1 USB-C to USB-A cable, 1 getting started leaflet, 3 recovery sheets, 1 lanyard
1 SafePal hardware wallet, 1 cleaning cloth, 3 recovery slips, instructions, 2 stickers, 1 USB cable

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 (24 words)
Recovery Seed (24 words)
Unique Features
  • Bluetooth connection
  • Ledger Live App
  • Up to 100 apps
  • SafePal App
  • SafePal Earn
  • QR-Code (air-gapped signing)
  • Self-destruction function
  • Hidden wallet (credible deniability)
Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
9.3
10
8.0
10
Our individual ratings
Operation
10
8
complicated
simple
Supported Assets
5500
30000
simple
extensive
Security & Trust
9
8
simple
extensive
Functions & Scope
10
9
simple
extensive
Beginner friendliness
9
7
simple
extensive
Support
8
6
simple
extensive

About

The Company
Ledger SAS
SAFEPAL LTD.
Headquarters
France
Seychelles
Company size
Small
Medium
Large
Small
Medium
Large
Founder
Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France
Veronica Wong
Year of foundation
2014
2018

Our 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

The SafePal S1 is a uniquely designed hardware wallet that we find very innovative. The device generates a unique QR code on its built-in screen, which can be scanned with a smartphone and the associated software. According to the manufacturer, this provides a security advantage as the wallet is never physically connected to another device, unlike other manufacturers. We also appreciate the combination of tactile operation and a color display. SafePal offers a distinctive approach compared to its competitors, making it a viable alternative in this category. However, due to our emphasis on trust, transparency, and open-source criteria, we lean towards more well-known competing products. If these points are less critical for you, the SafePal S1 is a high-quality wallet offering great value with numerous comfort and security features at an affordable price.

Safepal
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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