Ledger begins shipping pre-orders of its new wallet: Ledger Stax

By Pofan Palnudoti
Published in News
June 02, 2024
2 min read
Ledger begins shipping pre-orders of its new wallet: Ledger Stax

Ledger, the French company renowned for its cryptocurrency hardware wallets, has started shipping its long-awaited Ledger Stax units. Eighteen months after its official announcement, this wallet features the world’s first curved E Ink® touchscreen. According to Ledger’s website, the device supports over 5,000 cryptocurrencies and works with iOS, Windows, MacOS, and Android. TechCrunch reported this exciting update.

Tony Fadell, the American engineer famous for co-creating the iPod and contributing to iPhone development, played a key role in this new Ledger device. The delay in shipping was due to the challenges of mass-producing the curved E Ink® screen. This technology, commonly used in devices like the Amazon Kindle and Rakuten Kobo, offers excellent readability in bright sunlight with little power.

Ledger is on the brink of fulfilling all its pre-orders, although it is currently facing stock shortages. The company is actively working to resolve the issue.

The Ledger Stax boasts a larger touchscreen compared to other Ledger devices, offering enhanced user convenience over simple arrow buttons. During the pre-sale phase, the wallet was priced at 279 euros, roughly equivalent to 300 dollars at the current exchange rate. However, the final retail price remains undisclosed.

The Ledger website outlines the product’s key features:

Built for clarity:

Read, understand, and sign transactions with confidence on the world’s first palm-sized, curved E Ink® touch screen. Designed to travel with you wherever you go.

Trusted by millions:

Experience uncompromised security, powered by the industry-leading Secure Element chip and Ledger’s proprietary OS, battle-tested for years by security experts.

Customizable to fit you:

Give your Ledger Stax a unique name, and customize it with your favorite photo or NFT on a lock screen that’s always on, even when Ledger Stax is off.

If you’re new to the crypto world, we recommend checking out this article… We share security tips covering essential topics like physical wallets, and private keys.

ledger stax
Image: ledger.com

Ledger Stax marks the beginning of a partnership between Ledger and Foxconn, one of the world’s largest electronics manufacturers. While Ledger will continue assembling its Nano S Plus and Nano X devices in France, the collaboration with Foxconn represents a significant expansion in production capabilities.

Although the Nano S Plus and Nano X are regarded as the company’s flagship products, Ledger is striving to achieve new levels of excellence with the Ledger Stax. Features such as its Bluetooth chip, built-in magnets for easy alignment, and support for Qi wireless charging underscore the brand’s dedication.

Ledger has already sold more than 6 million hardware wallets worldwide, claiming to safeguard 20% of all cryptocurrencies. It’s noteworthy that its sales received a significant boost following the 2022 FTX collapse. This event led to multiple exchanges suspending withdrawals and eventually declaring bankruptcy, causing widespread panic in the market. Consequently, many people withdrew their funds from centralized exchanges, opting for alternative solutions.

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