Ledger Begins Shipping Its High-End Crypto Wallet - Ledger Stax
Over the years, Ledger has sold over 6 million devices and helps secure over 20% of crypto assets worldwide.
The world’s leading digital asset security company, Ledger, has announced that its latest crypto wallet will soon be available to customers who made preorders.
Ledger Stax, an innovative and secure way to trade crypto and NFTs, was developed in collaboration with Tony Fadel, who designed the iPod.
World’s First E-Ink Display in Crypto
Ledger Stax has an E ink display, the world’s first in the crypto world, and is generally used by ebook readers like Amazon Kindle due to their relatively low power consumption. The E ink display is the world’s first to use organic semiconductor materials instead of silicon. It is layered on plastic substrates instead of glass. This makes the displays highly energy efficient and can last for weeks on a single charge.
Impressively, unlike the previous Nano S Plus, which works with a USB cable, Ledger Stax has a large and curved display and a Bluetooth chip. You can easily buy and sell cryptos and NFTs from your phone and validate the transaction on the secure crypto wallet. If you have an account in an online casino that accepts cryptocurrency, you can also initiate a crypto deposit from your phone and verify the same on Ledger Stax.
Ledger Stax has started to fulfil pre-orders for customers, and it promises to be more secure than ever, which is ridiculous considering none of their devices have ever been hacked. This innovative touchscreen device will help you take control of your cryptocurrency in a secure architecture with ease of accessibility and interactivity. The world’s most secure crypto wallet will be available for orders again in the summer of 2024, and priority will be given to clients who opt-in to be notified of the same.
The device's curved secure touchscreen helps users view the complete transaction details at once, and the energy efficiency of the E Ink display is mindblowing. The device can last for a few weeks or even a month on battery.
Paul Gauthier, the CEO and chairman of Ledger, said, “By bringing Ledger Stax to market, Ledger has proven its ability to deliver truly innovative products, backed by a best-in-class, secure supply chain. This marks a new beginning for Ledger after a decade in business and sets a new standard for accessible, intuitive security. I’d like to thank our manufacturing partners worldwide for helping us deliver on our vision for the next generation of Ledger devices.”
Ledger Stax helps manage your crypto assets
Ledger Stax is designed with integrated magnets, meaning that if you have multiple devices, they are easily stackable. The device is the size of a credit card, and the curved screen allows users to have a sneak peek of their assets in it—think of a shelf with books. Users can connect Ledger Stax to the Ledger Live app on a laptop via a USB-C cable or connect to their phone via Bluetooth and access the Ledger Live Mobile app. The device is charged via wireless Qi charging.
Tony Fadel, considered the godfather of the iPod and who collaborated with Ledger to design the masterpiece that is Ledger Stax, claims that managing crypto and NFTs has always been difficult—akin to MP3s pre-iPod. However, Ledger Stax has been designed to easily manage digital assets through the E-Ink secure curved touchscreen, the world’s first. He added that the screen is delightful to use, always on, and doesn’t hog your battery. Better yet, it has a decade of trusted Ledger security experience packed inside.
Moreover, Ledger Live is integrated with other service providers like PayPal, Coinbase, Lido, and Moonpay. Users can easily connect with their Ledger device via the app, which is probably the most secure way of buying, selling, swapping, and earning yield on your crypto assets. Since its launch, over 200 dApps have been integrated into the ecosystem. It supports over 10,000 coins and over 70 blockchains.
Ledger Stax is targeting high-end users
The device was priced at €279 in the preorder phase, and it’s an indicator of the market that Ledger is targeting. However, the final retail price will be set once the device is available to the general public. High-level security is the major selling point of Ledger, and even if your computer or phone is hacked, your assets will remain secure. This is because Ledger stores the safety keys on the device.
So far, no Ledger product has been hacked since its launch. Users can also opt for a subscription service that offers more protection against scams. The platform has also announced the launch of Ledger Recover, a feature that will help users recover their wallets in case they lose their secret recovery phrase, further enhancing its user-friendliness.
Over the years, Ledger has sold over 6 million devices and helps secure over 20% of crypto assets worldwide. The collapse of FTX in late 2022 greatly increased the demand for Ledger’s products as consumers sought to secure their assets privately.
