Ledger Blue Review

Cold Wallets are hardware storage devices for storing crypto assets. Examples include Ledger, Trezor, KeepKey, etc. They are considered the best wallets for storing cryptocurrencies because they offer better security. Other types of wallets include;

Software (Hot) Wallet
Paper Wallet
Desktop Wallet
Mobile Wallet etc.

What is Ledger Blue?

The Ledger Blue hardware wallet is a storage device released in December 2016 by Ledger Inc., a company which focuses on developing security solutions for cryptocurrencies. It is the flagship product of the company and works on the company’s operating system called BOLOS. It is designed like a smartphone with a 3.5-inch touchscreen built around a secure element. Sequel to its initial release, the company released a statement that it would release 10,000 new Ledger Blue wallets after which it would no longer be available. As an advanced hardware wallet, Ledger Blue has a few attributes which make it a top recommended storage for your cryptocurrency tokens. These features include;

Security:	Ledger Blue Bitcoin wallet provides high-level protection for cryptocurrencies as user information is secured in a secure element. Ledger Blue offers additional security features such as two-factor authentication, Pin Code, etc.
Support for Multiple Currencies:	It supports about 30 currencies, i.e., Bitcoin, Ethereum, and some other altcoins. You can manage up to 11 crypto applications at the same time on the wallet.
Beautiful Device Design:	As mentioned earlier, the Ledger Blue wallet is a smartphone-like device. It has a well-designed 3.5-inch touchscreen with anti-scratch glass embedded with a color display to offer fantastic user experience.
Mobile Applications:	It supports about 11 device applications, including third-party applications like MyEtherWallet, Copay, Electrum, Mycelium, BitGo, etc.
Backup/Restore:	Ledger Blue provides a backup feature which allows users to back up their data. It gives a 24 words recovery phrase with which you can restore your data. Therefore, you need not worry if your assets are safe. All you need to do is purchase another Ledger wallet and use the recovery phrase to access your account.
USB/Bluetooth Connectivity:	It has a single USB port for connecting to an external drive or computer. The wallet also supports Bluetooth. To ensure compatibility with all USB ports, use the OTG Kit.
Multi-Platform Compatibility:	Ledger Blue is compatible with Windows 8+, Linux, and macOS operating systems. It is also available for iPhone, iPad, and Android devices.
Built-In Battery:	Ledger Blue wallet uses a lipo rechargeable battery.

The Ledger Blue wallet for sale feature on the website has been disabled to signify it is sold out from the store. To buy Ledger Blue online, check Amazon for retail sellers.

Pros and Cons of Ledger Blue

Ledger Blue is a functional, crypto wallet. However, in as much as it provides excellent value, it also has a few disadvantages. Outlined below are its pros and cons;

Pros		It serves as secure storage for your tokens. Your private keys are secured as well. It provides an additional security layer such as 2FA. It is compatible with multiple devices. Ledger Blue supports Android, iOS, Windows, macOS, and Linux operating systems. It provides support for all major cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Ripple, etc. Ledger Blue provides a great touchscreen with a color display. It is easy to use and gives an intuitive user experience. Its firmware integrity is guaranteed by cryptographic certification.
Cons		Ledger Blue cost $250. It is relatively expensive when compared to other hardware wallets, including Nano S and Nano X. It is not as portable as other wallets such as Trezor, Ledger Nano S which are in the form of USB drives.

Hardware Wallets Comparison

Ledger Blue vs Ledger Nano S

Features	Ledger Blue	Ledger Nano S
Weight	90g	16.2g
Dimensions	97mm x 68mm x 10mm	56.95mm x 17.4mm x 9.1mm
Wallet Type	Hardware	Hardware
Supported Cryptocurrencies	BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH & 1,000+ more	BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH & 1,000+ more

Both wallets are products from the same manufacturer. However, the Ledger Nano S is a recent release. Nano S features a secure chip with Ledger’s custom O.S., i.e., BOLOS. It supports over 1100 cryptocurrencies, unlike Blue which supports 30. Nano S is portable (in the form of a hard drive) while Blue is designed like a smartphone. Nano S is Ledger’s most popular wallet with about 1.5 million units sold worldwide. The price of Ledger Nano S is $59.

Ledger Blue vs KeepKey

Features	Ledger Blue	KeepKey
Weight	90g	54g
Dimensions	97mm x 68mm x 10mm	38mm x 93.5mm x 12.2mm
Wallet Type	Hardware	Hardware
Supported Cryptocurrencies	BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH & 1,000+ more	BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH & 1,000+ more

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How many coins can Ledger Blue hold?

As detailed on its website, Ledger Blue supports about 30 currencies and multiple crypto assets. These currencies includes Bitcoin, Ethereum, Ripple, Bitcoin Cash, Stellar, Litecoin, Tether, Tron, IOTA, Dash, Ethereum Classic, Waves, Dogecoin, Bitcoin Gold, Qtum, Ontology, Decred, Digibyte, Stratis, PivX, Zcoin, Bitcoin Private, Peercoin, Groestlcoin, Vertcoin, Viacoin, Stealth, etc. Ledger Blue Neo is also available.

Ledger Blue Manual

To start Ledger Blue setup, take the following steps;

Download and install its client application for your device (Windows, Linux, Mac, Android, and iOS).
Press the power button to switch on the device. As a new user, select the “Configure a new device” option. To restore an old profile, choose the “Restore Configuration.”
You need to choose a PIN code to secure the device. After this, you would be given a 24-word recovery phrase. Ensure you write this recovery phrase in a safe place.
After setting up your device, synchronize your Ledger Wallet with the Ledger Live app on your smartphone or computer. You can use any of the three preinstalled Ledger Blue apps, i.e., Bitcoin, Ethereum, or FIDO U2F to manage your tokens.
You can also download third-party applications. Supported third-party software includes MyEtherWallet, GreenBits, Mycellium, Electrum, Ubiq, etc.

Note
Ledger Blue can hold a maximum of eight applications at a time. In case you use more than eight apps, download the Ledger Manager to add/remove applications.