Ledger Nano X: Detailed user guide for newbies

There are many different types of bitcoin storage wallets we should know if investing in cryptocurrencies, in addition to good secure hot wallets such as Blockchain wallets, Coinbase wallets, Trustwallet wallets, etc. Today Blogtienao will introduce details for you guys know about Ledger Nano X.

If you are new to or have used wallet types, you can refer to used Top 7 best bitcoin storage wallets.

To statistically list the accounts that are hacked when leaving money on exchanges or negligence with account security, there is a lot of disregard for this. Blogtienao would like to introduce to you the Ledger Nano X.

What is the Ledger Nano X?

Ledger Nano X aka cold wallet is the next generation of Ledger Nano S wallet and is a security device that supports Bluetooth to store your private key (private key). Make sure all your crypto assets are safe, anytime, anywhere.

Advantages:

• Storage capacity: Install up to 100 applications on your Ledger Nano X in the list of applications, including Bitcoin, Ethereum, and many others.
• Send and receive 23 coins and more than 1250 ERC20 tokens directly with the Ledger Live app.
• Earn rewards in the Ledger Live app.
• Connect your Ledger Nano X via Bluetooth with the Ledger Live app to set up your wallet and manage.
• The most advanced security.

Structure of Ledger Nano X wallet

• Outside: Including 1 screen and two physical buttons.
• Inside: CC EAL5 + certified security chip, BOLOS proprietary operating system.

How genuine is Ledger Nano X wallet?

1. Origin of cold wallets: Buy at e-commerce sites, or buy from a reputable store, ...
2. Accessories: keychains, stickers.
3. Carrying case: full seal, Hard cover and white color.
4. Check the original settings (This clause I will mention in the next section, so please pay attention).

A whole box seal as shown

Management application comes with Ledger Live

Ledger Live is backed by the safest Ledger Nano X wallet on the market. You can safely manage your cryptocurrency assets. While still keeping your private keys private. Very easy to use by friendly interface, real-time asset value management, ...

Download Ledger Live here.

Instruction to buy Genuine Ledger Nano X wallet

You can buy original Ledger wallet at the link: https://blogtienao.com/go/ledger/. Details of the purchase steps you can see the instruction video below

(embed) https://www.youtube.com/watch?v=TqoRyTiiKyE (/ embed)

Initialization guide for Ledger Nano X

A whole box of ledger wallets includes: 1 Ledger Nano X wallet, 1 USB type-C cap, 5 sheets of paper in an envelope (including getting started papers; 2 use, care and Regulatory Statement; 3 Recovery sheets .)Please remember to fully check.

The request must always meet:

• A genuine Ledger Nano X wallet.
• A smartphone with iOS 9 or Android 7. If the computer must be Windows 8 (64 bit), macOS 10.8 or Linux.
• The Ledger Live application has been completely installed.

Because there is a Bluetooth connection function, I will do it on the phone for everyone to see

Initializing the Ledger Nano X wallet

You should pay attention to the parallel operations of Ledger Nano X wallet and Ledger Live application.

Step 1: Set up

Open the Ledger Live application and select "Get started".

Screen Choose your device appears, click "Ledger Nano X".

Click on "Initialize as new device”To go to the instruction screen.

Screen "Choose your Pin code" display

Navigate to your Ledger Nano X wallet and do the following:

Press the button next to the USB port until the Ledger logo appears on the device screen.

Note: If you continue to press the button, you will access the Bootloader menu. You must Power off and reboot, it takes some time but it's okay.

Read the message on the screen, you will see the desired options, then press the right button to continue and press the left button to return.

Press right until the screen shows words "Set up as new device". Press 2 buttons simultaneously to continue.

Step 2: Choose a PIN

You can set a pin from 4-8 numeric characters.

Press the two buttons when the screen is displayed "Choose PIN code" to start ordering pin code.

You will select the order numbers to set the pin code by pressing up and down the two buttons. After pressing two buttons simultaneously to select that number.

You notice when pressing the button up through the number 9 will have traces v to agree the number you choose and the sign x to delete the number you just selected

Press the two buttons when you have selected the pin code and now to the confirmation step“Confirm PIN code". You only need to re-enter the pin you have set and press the two buttons to confirm.

Step 3: Save the recovery phrase (recovery phrase) of the wallet

Continue to press the two buttons to agree to retrieve the recovery phrase when you see the word "Write down your recovery pharase".

On the Ledger Live app you also go to the "Save recovery phrase”Is to follow the instructions.

Remove the Recovery sheet to start recording 24 recovery words

Press the two buttons when you see ”Write down your recovery phrase”On the ledger.

Write word # 1 on the Recovery board. Verify that you have spelled correctly in position 1. Press the button on the right to move on to the next word.

Repeat the process when you write to the number 24 (word # 24) okay. After pressing the right button from number 24 once, press the two buttons to agree. Now you will see that the screen displays the following "Confirm your recovery phrase”

You will verify that the 24 words you wrote on the paper are correct

At each order of phrases you need to confirm. You have to press the two buttons left to right to find out which word is correct. Then press the two confirm buttons. Then you can perform the comfirm the next word. And below is the last word I confirm. Continue to press 2 buttons to agree.

Your wallet says "Your device is ready ”. You have confirmed the successful recovery phrase.

Press the button on the right to access the control panel. The display shows "Access Dashboard ”.

A panel will appear for you, so you have completed the Set up process, congratulations.

Step 4: Connect the Legder Nano X to the phone

In this process, there are small steps as follows:

Step 1: On Ledger Live you operate to the display screen ”Pair your Leder Nano X"You select"Add new Legder Nano X”To connect the two devices together.

Step 2: Click on the name Ledger Nano X on the Ledger Live to connect

Like the image above, click "Nano X 9666“—The random name is hehe.

Step 3: Confirm connection on wallet.

Press the two buttons at the control panel as shown below:

You press both buttons when you see the information of the connection confirmation that Ledger Live requires on your phone. Check that the code displayed on the phone is the same as on the Ledger Nano X. If the correct press the two buttons at "Confirm pairing". Then on the phone press "Pair”To pair.

Pairing is done on the phone and Ledger shows "Allow Ledger manager”Ie authorizing your wallet management for Ledger Live.

Press the 2 buttons simultaneously to continue to the item “Control Center”On the wallet.

Step 4: Set a password for Ledger Live

On Ledger Live you continue to choose the wallet you just connected to to the “Password lock". Click on "Set Password" to continue.

You set the password and confirm again. Choose infinity tiếp tục To go through the remaining processes until you see the fireworks display, you have succeeded.

On Ledger Live of Laptop, everyone works the same way. As the following picture

Guide to create Bitcoin wallet on Ledger Nano X

This part you need to follow the order in a hurry. To avoid time-consuming reset and quick operation, I will perform on the laptop for you to observe. I will take bitcoin as the first example. If you use lap, you plug in the wire is finished.

Select the coin you want to create a wallet as bitcoin

Open Ledger Live and enter the password, Click the arrow to continue.

Click on the "Account”To start creating an account

Choose "Add account" to continue

Click on the black circle and you will see a list of coins.

Choosing Bitcoin and Ledger Live requires you to connect to Ledger Nano X.

After connecting the Leder Nano X and Ledger on the computer via the cap cable. You unlocked And chose Bitcoin offline. Press two buttons simultaneously to confirm.

After selecting the Bitoin app, you have successfully linked, and on the ledger wallet, the message "Application is ready".

Click on "tiếp tục”To continue.

Enter the desired account name in the "ADD EXISTING ACCOUNT". Then you press the ‘Add account‘.

So successful in creating an account already. Simple is not it.

Instructions to send and receive Bitcoin on Ledger Nano X wallet

Receive Bitcoin (Receive)

Step 1: Click on the "Tranfer”At the bottom of the application screen

Step 2: Click on "Receive funds"

Step 3: Select the account received in the list you created earlier. Legder live requires you to open Legder Nano X and select the Bitcoin app.

Step 4: On the Ledger Nano X select the Bitcoin app and press the two buttons to agree

Step 5: On the wallet displays "Application is ready"And on the phone display the message"verifyAt that time, click verify on the ledger live to confirm the connection.

Step 6: Then on the wallet will show "Verify address"Click the button on the right to display the address.

Also on the phone will also show the wallet address and qr code always.

Step 7: You compare whether the address on the ledger nano x and on the ledger live is the same if you press two buttons on the wallet to approve when the screen shows "Approve".

If it's not the same as the place you press the right button to select "Reject". On ledger live you choose copy or share to send that address to the person who sent you the money.

Send Bitcoin (Send)

Enter transaction details

The same steps as above just changed a bit so you pay attention

Step 1: Click on the "transfer“The end of the ledger is live.

Step 2: Click on "Send funds".

Step 3: Select the account you want to deposit.

Step 4: Click on the "Scan QR Code"Or choose to enter the address manually then click"Recipient address". Remember to check the correct address for everyone, I can send a small amount to check that the address is correct.

Enter the amount you send on the "Amount".

Step 5: Click on "tiếp tục".

Confirm deposit

I will continue the steps in the details of the transaction information dentist everyone.

Step 6: Click the "edit"On the screen to edit"Network fees".

If you choose high fee, the transaction speed will be very fast.

Step 7: Open the crypto asset application as per the instructions on the screen. Click on "tiếp tục". Just like receiving money, you also need to carefully check the address to confirm, make sure not to lose money.

Step 8: Press both buttons to agree to transfer when everything is correct.

To track transactions, click on the tab "View operation details”Until the recipient has received the money.

Note: You can safely disconnect the ledger wallet after you verify the address or approve transactions. Cryptocurrency assets are transferred on their blockchain network to the address created by your nano x ledger, nothing is sent to your device.

Coin, token and staking on Ledger Nano X wallet

List of coins, tokens, staking supported on the wallet

In this section, I only recommend for coins, tokens, staking that are directly supported on Ledger Live, which means no 3rd party wallets should be used, so creating an account or sending or receiving people is like bitcoin.

• Coins: Bitcoin (BTC), Ethereum (ETH) XRP, Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Tezos (XTZ), Dash (DASH), Ethereum Classic (ETC), Dogecoin (DOGE) ), Zcash (ZEC), Decred (DCR), Qtum (QTUM), Bitcoin Gold (BTG), Digibyte (DGB), Komodo (KMD), Horizen (ZEN), Stratis (STRAT), PivX (PIVX), Vertcoin ( VTC), Viacoin (VIA), Stakenet (XSN), Peercoin (PPC), Stealth (XST).
• For tokens, a lot of I can not list all just a few types: Synthetix Network Token (SNX), TrueUSD (TUSD), FTX Token (FTT), Augur (REP), EDUCare (EKT), Bytom (BTM) ), Quant (QNT), NEXO (NEXO), iExec RLC (RLC), ...

As for tokens, it has a slightly different way, so you follow the sports section.

Types of tokens supported on Ledger Nano X

ERC20 token on the wallet

You can manage ERC20 tokens in Ledger Live using the Ethereum App on your Ledger device. Up to 1,250 ERC-20 tokens are supported, many right?

Update etherum account

Step 1: Choose "Update now" on page "Account"Or"Portfolio".

Step 2: Click on "Start Update“After checking the list of accounts to be updated.

Step 3: Connect and unlock your Ledger Nano X, open the Ethereum App and click "tiếp tục".

Please wait while the accounts managed by your Ledger device are being updated.

Step 4: The account update will be completed if the ledger holds the private keys of all your Ethereum accounts. Otherwise, you will be prompted to connect the device that holds the private keys of the remaining accounts.

See ERC20 token list

If you already have an Ethereum account with ERC20 token, you can view your token in Ledger Live.

• On page "Account"You choose from the home page, click"Show tokens”In the Ethereum account contains the names of the tokens.
• You can hide the token account with a zero balance in the following way:Settings> Accounts> Hide empty token accounts.

Send and receive ERC20 tokens

You can now send and receive ERC20 tokens. Start by getting your ERC20 token to the Ethereum account of your choice. Account tokens will only appear After the token transaction has been confirmed on the Ethereum blockchain. The Ethereum account you deposit tokens will be the parent account of your token accounts.

Important note

• You can choose Rate provider (rate provider)for each trading pair (Token> ETH) by visiting Settings> Crypto assets> Rates.
• If the value is too low, it will display zero.
• If the available rate providers have no pair trading with ETH, no value is displayed.

Proficient in using Ledger wallet

This section is applicable to both Ledger Nano X and S wallets so you should pay attention that it is very helpful to help you master. use Ledger wallet in a profesional way.

Backup new wallet thanks to 24 recovery phrases

Restore Ledger Nano X from your recovery phrase, replace or backup Ledger wallet. Ledger Nano X will restore the private keys backed up by your recovery phrase.

Video instruction:

(embed) https://www.youtube.com/watch?v=u4oea8v9KyE (/ embed)

Recover from recovery phrase

The steps are as follows:

1. Press the button next to the USB port until the Ledger logo appears to turn on the device.
   Please note : If you continue to press the button, you will access the Bootloader menu. You must Power off the device and reboot.
2. Read the instructions on the screen. Press the right button to continue or the left button to return.
3. Press both at the same time when “Restore from recovery phrase ” is displayed.

Choose a PIN

1. Press both buttons when “Choose PIN code ”is displayed on the device.
2. Press the left or right button to select a digit. Press both buttons to confirm a digit.
3. Select the checkmark v to confirm your PIN from 4 to 8 digits. Select mark x to delete a digit.
4. Enter the PIN again to confirm it.

Enter your recovery phrase

1. Choose the length of your recovery phrase (12, 18 or 24 words). Press both buttons to confirm. Make sure the correct recovery phrase length is selected. Always enter all words of the recovery phrase.
2. Enter the first letters of Word # 1 by selecting them with the right or left button. Press both buttons to confirm each letter.
3. Choose Word # 1 from the proposed words. Press both buttons to confirm it.
4. Repeat the process until the last word of your recovery phrase.
5. "Your device is ready" is displayed after you complete the setup process. Press both buttons to "Access Dashboard ”. You will then go to the Dashboard.

Note: Make sure the correct recovery phrase length is selected. Always enter all words of the recovery phrase. Verify that the order of the words entered on the device matches the order on the board Recovery sheet your.

Check the Firmware version

For in-use wallet

1. Enter your PIN to unlock Ledger Nano X.
2. Hold both buttons for 3 seconds to open Control Center.
3. Navigate to Settings> General> Firmware version.
4. Firmware version is shown below Secure Element.
5. The microcontroller version information is shown below MCU .

For wallets just started using

1. Press and hold the left button, next to the USB port, until Bootloader mode is displayed.
2. Navigate to Firmware version.
3. The firmware version is shown below Secure Element.
4. Microcontroller version information is shown below MCU .

Set automatic lock and power off of Ledger Nano X

Auto lock

1. Turn on and unlock Ledger Nano X.
2. Hold both buttons to access Control Center..
3. Navigate to Settings. Then press both buttons to confirm.
4. Go Security and press both buttons to authenticate.
5. Press both buttons to enter Auto-lock menu.
6. Choose one of the following options:
   • No auto lock
   • 1 minute
   • 2 minutes
   • 5 minutes
   • 10 minutes
7. Press both buttons to activate the corresponding auto lock option.

If you have auto-lock turned on, your device will display the Ledger logo when the device is automatically locked. To unlock, press any button and enter your PIN.

Auto power off

1. Turn on and unlock Ledger Nano X.
2. Hold both buttons to access Control center.
3. Navigate to Settings. Then press both buttons to confirm.
4. Go to section General and press both buttons to authenticate.
5. Press both buttons to enter the menu Auto power off.
6. Choose one of the following options:
   • Never power off
   • 1 minute
   • 3 minutes
   • 5 minutes
   • 10 minutes
7. Press both buttons to activate the selected option.

If you have turned off automatically, your device will turn off automatically after a period of inactivity.

Change the PIN on the wallet

You follow the steps as follows and should choose a hard-to-guess pin.

1. Turn on and unlock Ledger Nano X.
2. Hold both buttons to access Control center.
3. Navigate to Settings> Security> Change PIN.
4. Choose a new PIN code of 4 to 8 digits.
5. Confirm new PIN by re-entering.
6. Enter your old PIN to confirm.
7. PIN has now been successfully changed.

Pin security, recovery phrases

Pin security:

• Always choose your PIN and enter your PIN out of anyone's view.
• Change your PIN if needed. Remember that three consecutive incorrect PIN entries will reset the device.
• Never share your PIN with anyone else.
• Never use a PIN that you did not choose yourself.
• Do not store your PIN on your computer or phone.

Secure recovery phrase:

24-word recovery phrase Your are Backup only your private key . It allows you to recover private keys that provide access to your cryptocurrency assets in case you lose access to your Ledger wallet:

Anyone who gets your recovery phrase can get your crypto assets. Ledger doesn't store your private key, never ask for it, remember.

• Always make sure your 24-word recovery phrase is taken from the device screen.
• Always double check the spelling position and list of each recovery phrase word.
• Keep your Recovery board physically secure to ensure you cannot lose or destroy it by accident.
• Never share your 24-word recovery phrase, in any form, with anyone.
• Never enter your recovery phrase on any device other than your hardware wallet.
• Never photograph a 24-word recovery phrase.

summary

I myself strongly believe in the security of Ledger Nano X. Easy to set up, verify and recover. I transferred all my BTC to Ledger wallet for long-term hold.

Ledger is known to be one of the best transparent and transparent companies in the field of cryptocurrencies. Hopefully, this review has provided you with some valuable information and will allow you to make a genuine purchase.

You should buy a wallet to experience yourself as well as discover more new features that Ledger Nano X can update in the near future.