Ledger Releases Stax – New Hardware Wallet With A Sleek Design

Ledger Stax, the latest line of hardware wallets with an extremely modern and intuitive design, has been released by hardware wallet company Ledger.

On the evening of December 6, cryptocurrency hardware wallet company Ledger announced the launch of Ledger Stax, the latest line of hardware wallets in recent years.

Notably, Tony Fadell, the inventor of the iPod and iPhone, designed Ledger Stax. As a result, this hardware wallet has a striking appearance, with an edge-to-edge E Ink touch screen about the size of a bank card – larger than the familiar Ledger Nano X and S product lines. Each wallet has a magnet on the back that allows it to be stacked into a block.

The company hopes that this wallet will attract more technology users due to its modern design and more versatile functions. The new hardware wallet not only stores cryptocurrencies but also supports NFT and displays it on the screen. Users can connect the wallet to a computer via USB-C, smartphones via Bluetooth, and multiple dApps via Ledger Connect.

Stax costs $279 USD, which is significantly more than Nano X‘s price of 149 USD. Users can now order this wallet through the company’s website, with delivery scheduled for early 2023.

The timing of launching was also extremely sensitive, as demand for hardware wallets to store assets skyrocketed following the cryptocurrency market’s recent chain crash. Crypto users have been withdrawing money from exchanges in large amounts to store it on hardware wallets or to self-manage on non-custodial wallets that can be linked to DEXs.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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