Post
Topic
Board Hardware wallets
Re: Is a ledger nano x still a safe cold storage wallet to use
by
satscraper
on 18/06/2025, 08:21:23 UTC
Your private keys never leave the device,

This isn't accurate. Private keys can leave the device if you opt into Ledger’s backup service. This point has already been widely discussed, so I won’t rehash sources here just DYOR. nano x doesn’t fundamentally prevent key extraction. Personally, I wouldn’t recommend using this hardware wallet  as the cold storage solution for your BTC-stash.