Ledger Announces New Ledger Stax Wallet

1 year ago

Bitcoin and cryptocurrency hardware wallet shaper Ledger has announced a caller wallet designed by erstwhile Apple technologist Tony Fadell, named Ledger Stax. The wallet utilizes E ink exertion connected a small, rectangular wrap-around screen, akin successful quality to a smartphone.

Ledger Stax hardware wallet

Source: Ledger


The instrumentality volition relation arsenic different Ledgers do, allowing users to store bitcoin and assorted different cryptocurrencies successful acold storage, offline. The beforehand of the instrumentality volition diagnostic a customizable show that tin diagnostic photos oregon NFTs, per the instrumentality merchandise page.

Ledger Stax has a terms tag of $279 with an estimated transportation day of March 2023 per the merchandise page, and the instrumentality is present disposable for pre-order. It volition besides beryllium disposable successful Best Buy stores, arsenic the electronics giant presently stocks the Ledger Nano S Plus and Nano X devices.

 Ledger

Source: Ledger

The Stax has been designed to present a much premium product, going beyond the elemental Ledger Nano S, which is tiny and has features akin to a USB drive. It besides comes astatine an opportune clip for the company, arsenic galore reconsider their tendency to self-custody their cryptocurrency aft the monolithic collapse of the FTX exchange and consequent nonaccomplishment of billions of exchange-custodied idiosyncratic funds. Indeed, successful effect to questions from Fortune Crypto, a institution spokesperson confirmed that successful November “Ledger had its 2 best-ever income days.”


In addition, Fadell described his reasoning for his plan to Fortune Crypto, saying “We request a user-friendly — no, a ‘user-delightful’ — instrumentality to bring integer plus information to the remainder of us, not conscionable the geeks,” said Fadell.

While determination is statement amongst the greater Bitcoin Maximalism assemblage successful regards to utilizing and promoting wallets that connection compatibility for altcoins, having much users signifier self-custody arsenic opposed to trusting successful custodians could beryllium considered a nett acquisition payment for the ecosystem, and theoretically an appealing, well-designed instrumentality could present much radical to that concept.

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