SafePal S1 Vs Ledger Nano X
Before we start, let us have a clear idea of the prices of these two cold wallets. The domestic price of LEDGER NANO X is generally more than 1500 RMB, even if I go overseas, it will not be lower than this price; SafePal S1 is currently available for less than 600 RMB. In fact, SafePal S1 and the lower-end Ledger Nano S are in the same price range, but because the Ledger Nano S is too low-end, we skip the class and compare it with Ledger's highest-end Nano X
| Item/Model | SafePal S1 | Ledger Nano X |
| price | About 600 RMB | About 1500 RMB |
| Chips and Materials | EAL 5+ security chip, body made of ABS plastic | EAL 5+ security chip, the body is made of glass and metal, and the sense of quality is better |
| Security configuration | PIN code protection, passphrase PASSSPHRASE, tamper-proof self-destruction function | PIN code protection, PASSPHRASE passphrase |
| Established | SafePal was established in 2018 and launched the SafePal S1 cold wallet for collection in May 2019 | Founded in 2014, Ledger launched the first cold wallet Ledger Nano S in June 2016 and Ledger Nano X in January 2019 |
| Connection method | There is no connection, and all physical connections are isolated by scanning the code to sign | Bluetooth connection |
| Supported currencies | 30000+ currencies and tokens, support NFT storage of ERC20, BSC, Polygon and other chains | 5000+ currencies and tokens, support NFT storage on ERC20 chain |
| support system | IOS,Android,Google Chorome browser plug-in | IOS,Android,Windows,MacOs |
| screen and keys | 1.3" IPS color screen and 5 function buttons for easy operation | Less than 0.3" screen and two buttons, the operation is cumbersome |
| APP software | Support Chinese, easy to operate, built-in Binance DApp, flash exchange, DEFI, wealth management and other functions, high playability | Built-in DEFI, flash exchange function, weak Chinese support |
In general, Ledger Nano X was launched 4 months earlier than SafePal S1, and the Ledger company is older, and Ledger Nano X performs better in material. SafePal is significantly better than Ledger Nano X in terms of price, security configuration, connection method, supported currency and NFT type and quantity, and ease of operation. An investment's only cold wallet product
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