Ledger Blue Wallet Review
Are you looking to store your crypto assets in a secure hardware wallet? The Ledger Blue is worth a closer look. Launched in December 2016, this hardware wallet is a battery-powered device designed to operate with any computer or smartphone.
The Ledger Blue features a 3.5-inch color touchscreen, Bluetooth and the ability to store a wide range of crypto assets. However, is this hardware wallet worth the hefty price tag of over $250? Let’s find out.
Product: Ledger Blue
What is it: Ledger Blue is a handheld hardware wallet designed to store cryptocurrency. Built around a secure element, it features a 3.5-inch touchscreen along with Bluetooth and USB connectivity. The device is built to run multiple companion apps in full isolation on top of its firmware, allowing you to store the private keys protecting your crypto assets.
Additionally, the wallet can be used with a number of crypto assets, namely BTC, ETH, XRP, LTC, BCH, BTG, DOGE, ZEC, KMD, VIA, PPC, WAN, XLM, DASH, etc.
The company behind the product: Ledger.
What’s in the box?
Micro USB cable to USB
Instructions and recovery seed
Ledger Blue security features
Secure element- the device contains a dual-chip architecture, embedded with an ST31 Secure Element and STM32 microcontroller. This enables a fully isolated environment. Because of this isolated environment, the Ledger Blue allows for new crypto assets or applications without compromising the master seed.
To check the product’s integrity, you only need to confirm the cryptographic attestation–a test that verifies the device has not been tampered with–a security measure validated by Ledger Blue’s CC EAL6+ certification level.
PIN code- hardware wallets are considered the best and most secure way to hold your crypto assets. With that being said, it’s vital that only YOU can access your wallet. The Ledger Blue requires a PIN to be unlocked. You can choose anywhere from a 4- to 8-digit passcode, ranging from numbers 1-9.
We recommend you use an 8-digit passcode, since it’s more difficult to guess.
Privacy- this is the overarching theme behind the Ledger Blue security functionality. As a Ledger Blue wallet owner, you’re not required to give up any information to Ledger, eliminating third-party risk completely. Private keys are generated by the product itself and never held or known by the company.
Your recovery seed is effectively “locked” by the device, thanks to the secure element (SE). Installed applications could be a potential security risk to a hardware wallet. The Ledger Blue solves this through its full isolation architecture. This ensures that data from one app cannot be accessed by an app installed on the device.
Ledger Blue compatibility and integrations
Ledger Blue is compatible with the following software
The Cons: First, the Ledger Blue is expensive, around $300. Second, the size is an issue, depending on the type of hardware wallet you prefer. Ledger Blue is about 5x larger than the Nano S, thus slightly less portable.
Is it worth it?
Yes, it is!
Ledger Blue is among the most advanced all-in-one hardware wallets today. The wallet allows you to store multiple cryptocurrencies, compared to just 4 or 5 for the Ledger Nano S. Additionally, the device has a touchscreen and Bluetooth functionality, making it more user-friendly and convenient.