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BTCRepublic > News > Ledger Begins Shipping Stax Hardware Wallet
Blockchain News

Ledger Begins Shipping Stax Hardware Wallet

Ali Raza
Last updated: October 22, 2024 6:57 am
Ali Raza
Published: May 28, 2024
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Disclosure: BTCRepublic provides analysis and forecasts but does not offer investment advice. Our content is for informational purposes only. Please conduct your own thorough research and consult with a financial advisor before making any investment in cryptocurrency.
Ledger Begins Shipping Stax Hardware Wallet
Highlights
  • Ledger has started shipping the Stax hardware wallet.
  • The wallet was initially scheduled for release on March 2023 but faced delays.
  • Ledger is promoting Stax as a secure and user-friendly hardware wallet. 

Hardware wallet maker Ledger has began shipping out the Ledger Stax hardware wallet around fourteen months after the original release date. 

Contents
Ledger Stax Goes Live An Easy-to-Use Wallet 

Ledger initially announced plans for this wallet in December 2022 during the Ledger Op3n event. The product was set to launch on March 2023. Given Ledger’s popularity in the cryptocurrency market, it had already amassed user interest. 

The wallet manufacturer failed to deliver the wallet as promised and blamed manufacturing issues. The delay saw some people lamenting on social media platforms, with some claiming that it might have been a rug pull. 

Over a year since the promised launch, Ledger is shipping the wallet to customers who placed their pre-orders. 

Ledger Stax Goes Live 

Ledger originally tabled the ideal of the Stax hardware wallet on December 6, 2022. At the time, the company said it was working with Tony Fadell, the brains behind the iPod, to release a revolutionary hardware wallet called Ledger Stax.

This wallet seeks to be superior to existing wallets through its features. 

Ledger Stax was designed by @tfadell, the Godfather of the iPod, who created this first-of-its-kind device.

After taking a look at the crypto space, and the types of devices that were currently available, Tony came to the conclusion that what the space really needed was a device…

— Ledger (@Ledger) May 28, 2024

According to Ledger, Stax will address the main issues with crypto wallets. The wallet will provide a high level of security, be easy to use, and make it easy for users to verify transactions before they can authorize them. 

The wallet provider said Ledger Stax would be the first secure touchscreen in history. It also comes with a 3.9-inch touchscreen, making it easier for users to read through transactions before signing on them. 

“All of Ledger’s devices feature a secure screen – meaning a screen that’s powered by the Secure Element chip, keeping it safe from hacks,” Ledger said. 

An Easy-to-Use Wallet 

One of the main hindrances to broad cryptocurrency adoption is the need for an easy-to-use cryptocurrency wallet that simplifies crypto spending. Ledger and Fadell sought to address this issue through Stax. 

Fadell, who is the godfather of the iPod, focused on the visual appearance and user interface of the Stax wallet. According to Ledger, Fadell’s involvement in the project made releasing a visually appealing product possible. 

Ledger’s role in the wallet’s creation was to ensure its high-level security. Besides a wallet being easy to use, it must also be secure to hold user assets with zero threat of compromise. 

Those using the Stax wallet will also have a chance to personalize it. They can give the wallet a name. They also select a non-fungible token (NFT) or image displayed on the lock screen. 

If the wallet is misplaced, the personalized details will make it easy to recognize it as yours. 

Those owning multiple Stax hardware wallets will also easily carry them around. The device will come with magnets, allowing them to be stacked together. 

Currently, the manufactured devices are going to the customers who pre-ordered them. Ledger is planning to open up new orders during the summer. 

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Ali About Us
ByAli Raza
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Ali Raza is a seasoned writer with over twelve years of experience specializing in cryptocurrency, blockchain, and the fintech industry. He has contributed to leading industry publications and authored hundreds of insightful articles in the fast-evolving digital asset space. His analytical skills and in-depth research give readers valuable perspectives on the industry.
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