Ledger Wallet Review 2021

Overall rating

Overall rating

9

/10

Ledger Wallet Review 2021
Davis J.
Robertson A.
January 2021

7

Position
in rating

Trading terminals:

Proprietary platform web and mobile versions
hardware wallet
7

Position in rating

9/10
Overall rating

Trading terminals:

Proprietary platform web and mobile versions
hardware wallet

Summary of Ledger Wallet Trading Company Crypto Exchange

The Ledger Wallet exchange for cryptocurrencies is a complex portal designed to trade and store cryptocurrencies. The website includes a multi-platform stock exchange application called Ledger Live and two hardware wallets—Ledger Nano X and Ledger Nano S. For trading on the exchange, hardware wallets are required, they are synchronized with an application that can be installed on a PC or smartphone. The cryptocurrency exchange presents contracts for 27 cryptocurrencies and 1,500 tokens. The most popular cryptocurrencies traded on the exchange are Bitcoin, Ethereum, Litecoin, Ripple, and BitcoinCash. Cryptocurrency can be stored in a wallet in the Ledger Wallet app or in your third-party wallet.

💰 Account currency: XBT
🚀 Minimum deposit: $1
⚖️ Leverage: No
💱 Spread: Market
🔧 Instruments: 27 cryptocurrencies, 1500 tokens, sale and purchase for US dollars
💹 Margin Call / Stop Out: No
Attention!

We work with accounts only through the Traders Union website.

👍 Advantages of trading with Ledger Wallet:

  • You can trade the most popular cryptocurrencies and their tokens on this exchange;
  • no restrictions on the deposit or withdrawal funds and you can use your wallet;
  • high activity on the exchange and a large volume of transactions;
  • own training programs and regular market analytics;
  • unique developments in the field of hardware cryptocurrency-wallets;
  • convenient Ledger Live application with simple functionality;
  • Polkadot integrated zero-level blockchain.

👎 Disadvantages of Ledger Wallet:

  • the website and software are not localized into other languages, the interface is available only in English;
  • technical support is also only in English;
  • the usage of Ledger Nano hardware wallets is required; you can operate on the exchange only in this way.

Overall

Ledger Wallet is a new generation progressive exchange that allows you to accumulate almost all cryptocurrencies on a single platform. There are no restrictions on trading, converting, or exchanging. The application is extremely functional and well-protected from fraudsters, thanks to hardware wallets.

Visit Ledger Wallet

Geographic Distribution of Ledger Wallet Traders

Ledger Wallet Latest Comments for 2021

5
1
9

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Ledger Wallet published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I have been using Ledger for a long time and even thinking about establishing cooperation. I have several wallets and I can say that it is not the second to none option, of course, but not bad either. It will be great for newbies in general because the interface is convenient and simple. If you are a professional, then it is better to buy several models because there are not enough available currencies. If we talk about reliability and functionality, then everything is fine; and no problems arise during use. The exchange is also lightning-fast, you can work with multiple accounts and track the transaction ID. For me, Ledger is currently the premier crypto exchange.

I found the Ledger website 3 weeks ago, but despite this, I browse it constantly, because the information is up to the minute, and the news is on point and without any wasted words. My daughter also started trading, and I advised her to visit the Block School, where the information is presented very clearly and free of charge. She is overjoyed, because I could not properly explain the information to her, and here she began to apply the tasks and learn the ins and outs. I've bought several Ledger wallets and they all work smoothly. The only nuance that can be a real problem for a beginner is the first replenishment of currency. But you can figure it out, you just need to carefully read the instructions. And then it will be convenient and simple to use.

Ledger is a site that I use most of all, no cap. I started making money on cryptocurrency precisely because of the expertise I got here. The feed always contains news on the case and with all the important links. You can also take a quality training course. Information is presented in a comprehensive manner and with examples. I think I'll set aside some money and buy a wallet soon. Since safety is paramount, I can’t rely on my smartphone and its security.

I’m on cloud nine since the Ledger website and wallet are fantabulous. The site provides traders with a great news feed and updates, and the hardware wallet app is amazing. This is exactly what is needed, both for a beginner and a person with experience in selling and buying crypto. Everything is transparent and straightforward, without unnecessary wordiness. I generally have a news feed in the “Chosen One” so that everything is immediately at hand.

After passing all possible courses in cryptocurrency trading, including passing the Block School sponsored by Ledger, I decided to kick the tires and try my hand in this business. In terms of analytics and training, I liked the Ledger site the most: everything is convenient and understandable there. The news is constantly updated, plus they have a lot of useful tips and good support. Their hardware wallet is also pretty good. It’s not only for storing tokens but it can also be used to buy and sell Bitcoins occasionally. There are few currencies available here and this is the main disadvantage of the Ledger wallet.

I have been in the cryptocurrency market almost from the time they first appeared. And during this time, I have heard about so many frauds that were carried out with the owners of cryptocurrency. Therefore, as soon as I found out that they had developed a hardware wallet, I decided to protect myself. It's great that the developers have added a swap function with which you can buy and sell crypto. Now I use the Ledger wallet not only for storage but also for exchanges. Overall, I like how the wallet works. It copes well with its functions, although there are minor flaws, but not critical. I hope Ledger makes future wallet models even better.

I have been trading for several years and have purchased a Ledger hardware wallet for my convenience and protection. In principle, it is convenient and worthwhile, but not without minor drawbacks, of course. At first, it seems a little flimsy. Secondly, it does not contain as many useful features as we would like to have. But this is no biggie. They have a smart app which is a big plus for Ledger. It's a cakewalk to use it and change the cryptocurrencies. It’s pretty safe, even though it’s expensive.

2 3 >

Expert Review of Ledger Wallet

hardware wallets. You have to buy wallets only once and there are no monthly usage fees. They are synchronized with mobile and stationary devices running any OS.

Trading on the exchange is carried out through its application. The wallet is needed to activate trading and perform some functions that ensure the funds’ protection. For example, a hardware wallet is required to confirm transactions. This means that any external influence is excluded. Even if another person gains access to your smartphone, he will not be able to buy or sell anything.

Despite its functional simplicity, the Ledger Live app provides a world of possibilities and is constantly being improved. It is possible, for example, to stake your own tokens on the Algorand blockchain in the latest version. The app previously supported Tron, Cosmos, and Tezos staking. With the recently introduced Coin Control feature, users can choose which unspent transaction outputs (UTXO) they want to spend.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of this Crypto Exchange

9

Overall rating

8.7

/10

Execution of orders

9.3

/10

Investment instruments

9.1

/10

Withdrawal speed

8.9

/10

Customer Support work

8.6

/10

Variety of instruments

9.4

/10

Trading platform

Dynamics of the Popularity of Ledger Wallet
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Cryptocurrency exchange Ledger Wallet doesn’t offer investment solutions. The exchange functionality is focused strictly on generating income from the independent sale and purchase of the selected cryptocurrency. There is no passive earning options on this platform.

Important!

If you are a large investor and plan on investments over $10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

Ledger Wallet’s affiliate program:

Ledger Wallet has a standard affiliate program. You share your referral link with another user, he registers, and you get 10% from each sale. Regardless of the cryptocurrency that the referral uses, you receive payments in Bitcoins. The program is single-level.

The cryptocurrency exchange also has a Bounty program. This program is aimed at identifying and eliminating vulnerabilities in the system. To get a bonus:

  • accidentally or deliberately find a critical security vulnerability in the software or hardware wallet;

  • privately inform the developer about the vulnerability found, wait for verification;

  • if the vulnerability is deemed critical, you get an individual payment and you will make it into the Ledger Wallet “Hall of Fame”.

The standard reward on the Bounty program is 10 BTC. But higher payments to a specific user may depend on the level of the vulnerability detected. Web services can also participate in the program.

Rebate and Discount Programs of the Traders Union for Ledger Wallet

Ledger Wallet only charges commissions on sales and purchases. There are no average commission rates, it is calculated individually. However, you can save on commissions thanks to the Traders Union. For this, register on the cryptocurrency exchange website using the Union's referral link. Registration is free and there are no restrictions. If you have registered through the Traders Union:

Information

When you make a transaction, the cryptocurrency exchange returns 10% of the commission from it to the Traders Union. The Traders Union transfers 80% of this amount to you.

Example. You make a trade on Ledger Live and pay the platform a commission equivalent to $10. The cryptocurrency exchange returns 10% ($1) from this commission to the Traders Union. In turn, the Traders Union returns you 80% that is $0.8.

Try it!  Try it!

Trading Conditions for Ledger Wallet Users

Please note that Ledger Wallet doesn’t indicate transaction fees. You can find out the commission only in the application before the transaction. The commission depends on the cryptocurrency and the transaction size. In general, experts admit that Ledger Wallet has profitable fees. We suggest you independently evaluate the trading conditions of this cryptocurrency exchange using the data from the table below.

$1

Minimum
deposit

1:1

Leverage

24/7

Support

Proprietary platform web and mobile versions
hardware wallet
💻 Trading platform: Proprietary platform, web and mobile versions, plus hardware wallet
📊 Accounts: Standard
💰 Account currency: XBT
💵 Replenishment/Withdrawal: Visa, Mastercard, American Express, Bitpay, and Paypal
🚀 Minimum deposit: $1
⚖️ Leverage: No
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: 27 cryptocurrencies, 1500 tokens, sale and purchase for US dollars
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: n/a
⭐ Trading features: You need the exchange hardware wallet to trade
🎁 Contests and bonuses: n/a

Ledger Wallet Commissions & Fees

Information

Ledger Wallet doesn’t charge fees for deposits and withdrawals, or transfers between its wallets and the wallets of other users. The commission is charged only for purchase and sale transactions. There is no fixed commission indicator, it is calculated individually, based on the cryptocurrency used, the type of transaction, and the volume.

Account type Spread (minimum value) Withdrawal commission
Standard From 0.1% No

To put that into perspective, Traders Union experts analyzed the average commissions of other similar cryptocurrency exchanges. You can compare trading terms for Ledger Wallet, Bybit, and Bitfinex fees in this table.

Broker Average commission Level
Ledger Wallet $0.1 Low
ByBit $20 High
Bitfinex $0.1 Medium
Ledger Wallet
$0.1
ByBit
$20
Bitfinex
$0.1
Conclusion

The Ledger Wallet Cryptocurrency Exchange offers favorable conditions, a huge range of traded cryptocurrencies and tokens. There are no trading limits and fees are acceptable. All transactions are handled through the Ledger Nano hardware wallet for absolute security.

Contacts

Official site

Tags:

Ledger Wallet Ledger Ledger Wallet Cryptocurrency Exchange www ledger com www ledger.com ledger.com ledger com

The Oldest Reviews of this Crypto Exchange

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Ledger Wallet published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

The Ledger wallet sparked my attention in a snap. This is a real catch for those traders who are engaged in the sale and purchase of cryptocurrency. They provide top-notch security of the company's wallets so many traders trust them completely. I’m also a huge fan of this fabulous company. So far, I have nothing to complain about. All the keys are in place and there are no fraud cases against it because security at the Ledger is through the roof. In addition to good data protection, they provide traders with constant updates and news. I do not always conduct the exchange here because the service has one significant drawback. For example, the minimum amount limits are set. So if you need to withdraw some coins, use other online exchanges.

I have been working in the crypto niche for a whole lot of years and have encountered attempts to crack keys several times, since this is the biggest drawback in this business, and everyone faces it from time to time. I can’t say that I was in my element, but I had to put up with it until my friend told me about the Ledger wallet. This is a special hardware wallet that is as well protected as possible from various hacker attacks. I started using it and was satisfied. Since I discovered this type of wallet for myself, there has never been such a thing that someone encroached on my funds. I’m very satisfied. The exchange is also convenient because you can work with several accounts and the funds come quickly.

Recently, I became a crypto trader. I need complete protection of my dough since I’ve heard from my friends that fraudsters are lingering about. I asked knowledgeable people about how to protect the keys, and they recommended the Ledger wallet. I started using this wallet and it was my A+ decision. First and foremost, it protects all payment data, and secondly, the interface is user-friendly even for a beginner. This was crucial for me. Besides, the on-site up-to-date news is very informative. Even recently I noticed that I began to understand more about all sorts of innovations because I constantly study the news on the Ledger website. Speaking about the exchange, I rarely use it, because the fees are through the roof.

Ledger is a very user-friendly platform for storing and exchanging crypto. I managed to trade on diverse platforms and I can safely say that this is the second to none option. This is a powerhouse because everything is made innovatively and comprehensively. As a person who constantly deals with cryptocurrencies, there are not enough opportunities for me. After all, exchange fees in hardware wallets are much higher than on crypto exchanges. But I like the news feed on the website. Articles are updated constantly, and they are written in a way that engages the readers without unnecessary fluff.

I have several hardware wallets, including a Ledger wallet. Frankly speaking, it’s the future. In my judgment, everything is intuitive and crystal clear. Moreover, storing codes on a smartphone or computer is not the best-case scenario now. Again, it does not require special investments and the interface is off the charts. If you only study and do not invest, you can read articles since there is a lot of useful information in the Ledger. I use Ledger mainly for storage and rarely conduct exchanges here. Although it is convenient (for example, there is a history with the details of all operations), nevertheless, the commissions could be lower.

Recently my son showed me the ropes about crypto and explained the ins and outs. It all started with the Ledger website where I began to study the ground-breaking technologies. So far, I am only taking the first steps, but I’m already successful. I constantly read articles on the Ledger website, because they are very informative. They contain everything: how to secure NFT, what coins appear and why, and so on. I created my wallet a few weeks ago. It's a walk in the park to use it: everything here is quite convenient and at your elbow. I can buy and sell right there in the application, as well as track all changes.

I recently got myself a Ledger hardware wallet, what can I say? I like the application, it is quite convenient and well thought out. In this case, you do not need to be a smart cookie to figure it out. The wallet is a real catch, although the memory is not enough for me. If you are trading on a professional level, you need to create a couple of them since this is much more convenient. If you are still a novice, then one look at a Ledger wallet will be quite enough. The quality of the wallet is also superb: the Ledger case is made of steel, not plastic like the Trezor wallet.

Author of this Review

Ledger Wallet broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

Articles that may help you

Top 5 US Forex Brokers in 2021
For Beginners
Top 5 US Forex Brokers in 2021
Jack Moore - January 2021
What is Forex Trading? Your Guide to Start Earning
For Beginners
What is Forex Trading? Your Guide to Start Earning
John Mayer - February 2021
Best European Forex Brokers in 2021
For Beginners
Best European Forex Brokers in 2021
John Mayer - January 2021
Benefits of Working with the Traders Union
For Beginners
Benefits of Working with the Traders Union
Alexey Vrask - February 2021
5 Tips for Forex Trading Success
For Beginners
5 Tips for Forex Trading Success
Samuel Adamson - January 2021
How to Invest in Forex? A Beginner's Guide
For Beginners
How to Invest in Forex? A Beginner's Guide
Grant Adlington - February 2021
How to Open a Forex Demo Account for Free?
For Beginners
How to Open a Forex Demo Account for Free?
Grant Adlington - January 2021
How Much Does the Average Day Trader Make?
For Beginners
How Much Does the Average Day Trader Make?
David Butler - February 2021
Step-by-Step Guide on How to Open a Forex Account
For Beginners
Step-by-Step Guide on How to Open a Forex Account
John Mayer - February 2021
How Much Can You Make Trading in Forex in 2021?
For Beginners
How Much Can You Make Trading in Forex in 2021?
Jack Moore - February 2021
Forex Risks Investors Should Consider
For Beginners
Forex Risks Investors Should Consider
Daniel White - February 2021
Forex License Types - Best Forex Regulators
For Beginners
Forex License Types - Best Forex Regulators
Jack Moore - February 2021
Why Trade Forex: The Pros and Cons of Forex Trading
For Beginners
Why Trade Forex: The Pros and Cons of Forex Trading
Grant Adlington - February 2021
Best Investment Brokers in 2021
For Beginners
Best Investment Brokers in 2021
Grant Adlington - February 2021
PAMM Account Brokers in Forex 2021
For Beginners
PAMM Account Brokers in Forex 2021
Flynn Simpson - February 2021

FAQs

Do reviews by traders influence the Ledger Wallet rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Ledger Wallet you need to go to the broker's profile.

How to leave a review about Ledger Wallet on the Traders Union website?

To leave a review about Ledger Wallet, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Ledger Wallet on a non-Traders Union client?

Anyone can leave feedback about Ledger Wallet on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with Ledger Wallet through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.

Traders Union Recommends: Choose the Best!