10 Most Frequently Asked Questions About Ledger Flex

The Ledger Flex is Ledger’s latest entry point into its next-gen devices, and it carries with it multiple industry firsts. This is a device built to deliver web3 to any lifestyle. 

With a Ledger Flex, your crypto doesn’t live under someone else’s watch—it’s yours, held in a device that merges industry leading cyber protection with a secure touchscreen and a one-stop shop ecosystem. 

Self-custody becomes less a feature and more a requirement in a crypto landscape that keeps evolving—the Ledger Flex is an evolution of its security. Let’s take a look at the most common questions asked by people from all around the world about this unique device.

1. What is Ledger Flex?

Ledger Flex is the latest device in Ledger’s next-generation hardware lineup, featuring an industry-first Secure E Ink® touchscreen driven directly by the Secure Element chip. Securely store, manage, and transact a wide range of digital assets directly with the convenience of the device’s secure touchscreen. 

Ledger Flex is the latest entry point into Ledger’s line of devices—adding a new layer of security and an ease-of-use factor that makes it a class apart from other hardware devices in the market. Its secure touchscreen opens up an entirely new array of experiences and expands its utility by helping you adapt to the ever-evolving world of Web3. 

With an all-day battery, airtight security features, user-friendly design, plus Bluetooth and USB-C connectivity, Ledger Flex is designed to handle all your crypto needs on the go. 

2. Does Ledger Flex have a battery?

Yes, the Ledger Flex is equipped with a 200mAh battery. Featuring a built-in rechargeable lithium-ion battery, it is designed to offer extended usage without frequent recharging. Read this article to understand the tips for keeping your Ledger battery healthy and maximizing its battery life. 

3. What can I do with Ledger Flex?

With Ledger Flex, you get the best of all worlds—security, touchscreen, lifestyle, and user convenience. 

You can securely view, transact, and manage over 15000 cryptos. Moreover, with the Ledger Live app, you can do much more with your device. Stake supported assets to earn rewards, swap and bridge crypto using integrated services, set a DCA strategy into your favorite tokens, and enjoy the benefits of multi-chain web3 with confidence. 

Moreover, Ledger’s Clear Signing initiative makes transactions human-readable and verifiable directly on the secure touchscreen. Would you send someone a blank check to sign in real life? Taking this analogy to crypto, you’re actually risking your transactions if you’re trusting third-party screens or dApps to show you real information about your transaction. Make no mistake, blind signing has led to loss of funds more times than you think. So now, with Ledger’s wider secure touchscreens, you don’t have to trust a third-party screen to show you information about the transactions you’re about to sign—you can actually verify the data at a glance and also sign the transaction directly on your Flex’s secure touchscreen.

Suppose you want to lend some Staked ETH on AAVE, you would need to make it clear that the intent is to execute this particular function. There also needs to be a link between what you intend to do and what will actually be executed on-chain. 

However, smart contracts don’t make it easy to help regular people understand what is going on because transaction details are presented to you (often on insecure screens) in an encrypted manner. Moreover, your hardware device must also be capable of relaying this information to you in a readable manner. This is why transacting on the Ledger Flex, with its wider secure screen, comes in. It makes understanding crypto easier, along with Ledger’s Clear Signing to give you confidence, visibility, and comfort when executing transactions.

You can also make the Ledger Flex represent your digital identity in the real world—it allows you to manage and display NFTs directly on the device’s screen. But this functionality isn’t just limited to NFTs, you can also display any other image on the lock screen, adding an even more personal touch.

You can also use the Ledger Security Key app for two-factor authentication and passwordless logins across supported platforms. Your Ledger Flex doesn’t limit its security to just crypto, it becomes your passkey across various apps and websites too!

4. What if I lose my Ledger Flex?

If you lose your Ledger Flex, your assets remain secure as long as your 24-word recovery phrase is safe. You can restore access to your funds on a new Ledger device using this recovery phrase. It’s crucial to store the recovery phrase in a secure and private location, as anyone with access to it can control your assets.

Another bonus to your asset protection is that you will be prompted to secure your device with a 4-8-digit security PIN code at the time of initial device setup. This means that if you lose your Ledger Flex, your PIN code automatically becomes the first line of defense for anyone looking to break into the device itself. And even if the device falls into the wrong hands, it will automatically reset if an incorrect pin is entered more than three times. 

Alternatively, Ledger Recover helps you regain access to your crypto assets if you lose your Ledger Flex device or your 24-word recovery phrase. This optional, subscription-based service creates a secure backup of your Secret Recovery Phrase. This backup cannot be accessed, even by Ledger. It is kept safe by encrypting and fragmenting the seed phrase into three parts, which are stored with independent providers. 

In the event of loss, you can restore your private keys by verifying your identity through the Ledger Live app and using a new Ledger device. This approach provides peace of mind, especially for users concerned about securely storing their recovery phrases.

5. Does Ledger Flex have any disadvantages?

Unlike Ledger Stax, Ledger Flex does not support wireless charging. 

6. How many apps can Ledger Flex hold?

Ledger Flex can support multiple apps, but has a slightly lower memory space compared to the Ledger Stax. Its 1.5 MB memory space is plenty of room to download apps that support crypto accounts across chains. 

In practice, users typically install a mix of larger apps (e.g., Bitcoin, Ethereum) and smaller dependent apps. The Ledger Live app shows you the exact distribution of your storage to plan accordingly.

For the Ledger Nano S (320 KB total), only up to 3–10 apps fit with a range of large to small-sized apps. Similarly, for the Flex, with a mix of larger apps (~100 KB) and optimized apps (~20–30 KB), it could reach a total of between 10-17 apps. The storage space for the amount of apps will vary depending on your usage.

Given that Ledger devices allow users to install and uninstall apps as needed via Ledger Live, the maximum capacity is a theoretical limit and practical usage often involves using fewer apps at once.

7. How do I set up Ledger Flex?

To set up your Ledger Flex:

1. Turn on the device by pressing the power button.
   
2. Download and install the Ledger Live app on your smartphone or computer.
   
3. Follow the on-screen instructions in Ledger Live to pair your device via Bluetooth or USB-C.
   
4. Set a PIN code on the device.
   
5. This is the most important step – write down and securely store your 24-word recovery phrase. Without this, you will lose access to your funds.
   
6. Complete the setup by installing the apps you need to manage specific cryptocurrencies. 

How to Set Up Your Ledger Flex Hardware Wallet | Official Step-by-Step Tutorial Guide

Self Custody is the Real Flex With A Ledger Flex

The Ledger Flex sits in a sweet spot—more advanced than previous devices, but without the premium price tag of the Stax. Its mix of cutting-edge tech (like that E Ink screen), hardcore security, and user-friendly features makes it a standout. 

Ledger has a track record of moving over 7 million units worldwide, so it’s safe to say the Flex is part of a winning formula. Grab one today and experience crypto like never before with secure self-custody.