I just bought a Ledger Nano X, is it good?

[EliasIT]

It can work with Bluetooth as well a cable. Is it a good device to store my cryptos secure?

Using Bluetooth may not be the most secure way to connect to the device or what do you think?

Toggle signature
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.

 

[void]

EliasIT said:
Using Bluetooth may not be the most secure way to connect to the device or what do you think?
Click to expand...

it always depends whether you hold 0.1BTC for your daily spending (then bluetooth might be more convenient and presents almost no risk to consider) or whether you hold 100BTC as your retirement fund 🙂

 

[JohnnyDoe]

Bluetooth spoofing is a thing. I would not use it in a public space.
At home, unless you are in the FBI most wanted list (or your neighbor is) you shouldn't worry too much.
I prefer Trezor anyway.

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[JackAlabama]

JohnnyDoe said:
Bluetooth spoofing is a thing. I would not use it in a public space.
At home, unless you are in the FBI most wanted list (or your neighbor is) you shouldn't worry too much.
I prefer Trezor anyway.
Click to expand...

Good call

 

[myshufflemix]

Good, but they say it works like a key and the bluetooth thing is 100% secure 😱


I want the device also.

 

[JohnnyDoe]

As I said, Bluetooth is not 100% secure. But it's fine for 99.999% of users.

The Nano seems a bit fragile to me, thin plastic, cheap buttons and low assembly precision.
The Blue model at the contrary is very nice (and more expensive) but it is a rarity these days.

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[void]

JohnnyDoe said:
As I said, Bluetooth is not 100% secure. But it's fine for 99.999% of users.
Click to expand...

no one would probably use it on third party computer, would he? 😀

JohnnyDoe said:
The Nano seems a bit fragile to me, thin plastic, cheap buttons and low assembly precision.
The Blue model at the contrary is very nice (and more expensive) but it is a rarity these days.
Click to expand...

trezor T is far the best on the market

 

[JosephLL]

There is no dfference between using a wire and bluetooth wrt to security. HW wallet signs the tx (that is the moment when private key has to be exposed in device's memory) on an air-gappped part of the electronics inside. The I/O part of the device nly transmits the signed message.

The most important thing to prevent any spoofing is to always verify the amounts/destination address on the device's screen!

 

[latindev]

I have a nano X, a nano S, a nano S plus, a Trezor one and a Trezor T (I'm a developer and need to test on all of them).

All of them are exactly the same for 99% os use cases, most people won't be able to use them at their max capabilities and about security the X is as secure as most of them (there is no 100% secure in technology). Bluetooth is also secure and the only way someone could steal your coins using Bluetooth is only if you signed it from the device so always check what you are signing.

 

[void]

latindev said:
so always check what you are signing.
Click to expand...

it's all about this when it comes to hw wallets
it's just slightly easier to forge address or amount with bluetooth compared to cable - for most cases/users/scenarios insignificant difference

 

[boomy]

JosephLL said:
The most important thing to prevent any spoofing is to always verify the amounts/destination address on the device's screen!
Click to expand...

great information, thank you.. that is what I was looking for.

 

[diatessaron]

It's okay until one of their "partners" gets hacked and all your information is leaked online for the world to see.

 

[latindev]

diatessaron said:
It's okay until one of their "partners" gets hacked and all your information is leaked online for the world to see.
Click to expand...

That's the main issue with following KYC ;D (and the reason I use fake data when buying stuff). Luckily no hacker can guess the public key who belongs to the bought hardware wallet

 

[boomy]

latindev said:
That's the main issue with following KYC ;D (and the reason I use fake data when buying stuff). Luckily no hacker can guess the public key who belongs to the bought hardware wallet
Click to expand...

I got my ledger the last day, all is working well. You setup your code yourself. But would that mean that the company Ledger knows your public key if all comes to all?

 

[polonieth]

Why did you buy one before asking if it was good?

 

[boomy]

why not... I just needed a hardware wallet and found threads already here I read. I didn't see the issue discussed in post #13 addressed anywhere!

 

[JohnnyDoe]

boomy said:
I got my ledger the last day, all is working well. You setup your code yourself. But would that mean that the company Ledger knows your public key if all comes to all?
Click to expand...

The device comes not initialized, so without a key. You have to create it.

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[boomy]

JohnnyDoe said:
The device comes not initialized, so without a key. You have to create it.
Click to expand...

great, so I'm all secured, thank you.

 

[Forte]

Nano X is good, but Ledger doesn't mention explicitly that Bluetooth connection works only with mobile devices. You need to use a cable to use it with your desktop.
Trezor is better for privacy, but Trezor doesn't support TRX (Tron) network, and a significant part "crypto finance" people use Tron for transferring USDT.


P.S. Always buy a second hardware wallet, because your wallet can break.

 

[OffshoreMonero]

Buy them from a local store with cash (if you can).

You want to stay off all customer lists. Stay safe out there!

Toggle signature

*** Monero - Making Offshore Banking Great Again ***​