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Ledger , a Gallic inauguration mostly known for its secure crypto hardware wallets , has launched a unexampled mid - range machine , the Ledger Flex . Available now , price at $ 249 , the dinky hardware billfold features an E - Ink display to navigate the interface and O.K. transactions with a tap .

Like all of Ledger ’s wallets , the Ledger Flex is build around a unassailable element where the secret keys of your wallet are safely store . It means that even if your computer or earpiece is compromised , your crypto assets are dependable as they ca n’t leave your wallet without the individual keys .

The choice is lay in your assets on a centralized cryptocurrency exchange , such as Binance , Coinbase or Kraken . In that case , they hold up cryptocurrencies on your behalf . It ’s easier to use , but exchange can get hacked or go away overnight . We ’ve control it with FTX , Mt. Gox and unnumerable other exchange , big and minor .

Ledger customers manager their wallets using the company ’s companion app , Ledger Live . This app is available on information processing system or mobile phones . It allow you get at your public keys , connect with various web3 service and start transactions . Ledger devices are also compatible with severalthird - party software walletsin case you need to add an extra bed of security measure to your existing pocketbook .

When you want to send crypto assets to another mortal or another notecase that you carry , the dealing contingent seem on your Ledger wallet with the amount and recipient . After twice - checking that everything looks correct , you’re able to approve the transaction on the Ledger gadget straight . If you miss the hardware , you could recover the crypto held in the wallet using a privy recovery phrase .

Ledger ’s original wallet was a hardware wallet shape like a USB Florida key with a tiny calamitous - and - white screen and two physical buttons . The company still sells wallets in that strain factor with the Ledger Nano S Plus and the Ledger Nano X. The Nano X can link up to your speech sound using Bluetooth so it ’s easier to use with Ledger Live on mobile .

But the caller want to build something easier to use , which meant adding a touchscreen . That ’s why Ledger build theLedger Stax , a high - end crypto wallet project in partnership with Tony Fadell . It has a curved E - Ink video display , which has created industrial challenge and caused some delays — the caller is nowprocessing pre - ordersfor that twist . The Ledger Stax is also expensive as it cost $ 399 .

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The Ledger Flex is design as a cheaper interlingual rendition of the Ledger Stax with some compromise . The most seeable difference is it has a flat E - Ink screen , which mean it ’ll be light to manufacture at scale .

Other than that , the screen door is a bit smaller , the equipment physical structure is made out of credit card with an aluminum part at the bottom of the equipment that move as an accent . There ’s a physical release on the gadget that move as a sleep / wake button and a USB - C port to commit it .

Just like on the Ledger Stax , the touchscreen interact straight with the secure factor in the twist . The Ledger Stax can also replace a YubiKey as customer can also use it as a surety key for two - agent authentication . On a phone , thanks to build - in NFC capability , you’re able to tap the Ledger gadget to use it as a certificate Florida key . However , you have to apply a USB cable for laptop computer usage .

Unlike the Stax , there ’s no lengthy pre - declaration for the Flex — which is ship from today . Its mid - tier damage point means it slots into Ledger ’s range below the Stax , being $ 150 cheaper than the curvy premium wallet , but above the Ledger Nano X and the Ledger Nano S Plus , which remain available ( be $ 149 and $ 79 severally ) .