Posts Tagged ‘crypto cold storage

When we are talking about hardware crypto wallets for storing Bitcoin and other popular crypto coins Ledger is usually the name that comes to mind first and their Nano and Nano X wallets are probably the most used solutions for self-custody of crypto nowadays. Well, Ledger just announced a new hardware crypto wallet called Ledger Stax and this one has been designed by Tony Fadell, the designer of the Apple’s iPod. The new device comes with a large curved E-Ink display and a touchscreen and larger smartphone-like design and is indeed quite cool looking in terms of design and Ledger Stax should start shipping end of March 2023 it is already available for pre-order on the official website of Ledger already for $279 USD.

The new Ledger Stax claims support for over 5000 crypto coins as well as NFT support. Compact in size and modern in terms of design and features with USB-C support and Bluetooth along with wireless charging, a visual and easy to use interface to make it even more attractive for the normal user and not only for advanced users. Ledger apparently will try to do with Stax for Crypto what iPod did for Music, and they may be on the right track and that goes not only for employing “the right designer”. Ledger claims to have sold over 5 million Nano and Nano X devices so far and for sure they do hope to sell much more of the new Stax (yes you can stack these wallets indeed apparently) in the coming years with a larger adoption of crypto.

Ledger Stax Technical Specifications:
– Finish: Aluminum and plastic with embedded magnets for stackability
– Color: Black
– Secure Element Chip: ST33K1M5, Chip Certification: CC EAL5+
– Power & Battery: Built-in rechargeable lithium-ion battery with 200 mAh (milliampere/hour)
– Stays on for several months when left unused and at full charge**
– Qi wireless charging
– Size & Weight: Credit card-sized
– Dimensions: 85mm x 54mm x 6mm
– Weight: 45.2g
– Connectivity: Bluetooth 5.2 to connect to a smartphone, USB type C
– System requirements: 64-bits desktop computer (Windows 10+, macOS 12+, Ubuntu LTS 20.04+) excluding ARM Processors.
– Compatible with smartphones: iOS 13+ or Android 9+
– Not compatible with Chromebooks!
– Display: A black and white E Ink curved touch screen
– Display size: 3.7 inch
– Resolution: 400×672 pixels
– Display colors: 16 scales of gray
– Digital asset support: 500+ different crypto & tokens supported on the Ledger Live app
– Ethereum and Polygon NFTs supported on the Ledger Live app
– More than 5000 crypto, tokens, and NFTs supported when using a third-party wallet

The timing of the new announcement is also quite right with the recent crypto market developments and more and more people taking their crypto off exchanges into self-custody wallets. A good hardware crypto wallet should be not only for storing your coins securely, but also for easily doing so and it should go not only as a cold storage solution, but as an actually easy to use wallet for quick and payments as well. Is Ledger Stax going to deliver on all of these expectations… it is still early to say, but it sure does look promising at the moment, so we would love to see and play around with it when it comes out next year.

For more information about the upcoming Ledger Stax hardware crypto wallet…

Bobby Lee, the founder of the BTCC crypto exchange, is back in the crypto business with a new project called Ballet – a multicurrency non-electronic crypto hardware wallet. The device is a metal credit card size wallet offering cold storage of Bitcoin (BTC) and a number of altcoins such as ETH, XRP, BCH, LTC, USDT, BSV, LEO, LINK, MKR, USDC, HT, BTG, BCD and DAI with support for more coins coming soon. The Ballet wallet is constructed from durable, pure stainless steel and does not contain any chips or electronic circuitry inside. There is also the optional Ballet Crypto companion mobile app, which enables sending of cryptocurrency, checking market value and activating additional currencies. The companion application is available for both Android and iPhone devices and is not required to operate with your crypto coins in the wallet.

The new Ballet hardware crypto wallet will have to compete with the already established crypto hardware wallets, most of which are electronic however. With the regular price of $35 USD for the standard Ballet wallet it might not be a bad deal, down to $29.95 for pre-orders for the standard Bitcoin primary wallet at the moment. Of course there is a more expensive limited 24K Gold-plated Edition (1200 wallets) as well as Collector edition (3000 wallets) at higher prices for the people that might want to stand out more, although the wallet probably is something that you would not be willing to brag with in front of a lot of people.

For more details about the new Ballet harwdare crypto wallet…


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