With all the buzz about blockchain revolutionizing finance, securing your digital assets has never been more crucial. But how do you pick the best crypto hardware wallet amidst the sea of options?
In this Ledger Nano S Plus review, we’ll dig deep into this cutting-edge device, exploring its top-notch security features, user-friendly interface, and seamless compatibility with a vast range of cryptocurrencies.
Key Insights:
- The Ledger Nano S Plus is a cold wallet for crypto storage and NFTs, using a certified secure chip and a PIN code.
- You can store and manage over 5,000 digital assets on the Nano S Plus wallet and also sign and send your NFT transactions with Ledger Live app.
- The Nano S Plus has a screen with buttons that makes it easy to use and check your transactions. It also has 1.5 MB memory that allows you to have up to 100 apps.
- It works with Windows, macOS, Ubuntu, and Android devices. You can connect it with a USB Type-C cable. It does not support Bluetooth.
Ledger Nano S Plus Hardware Wallet Review
- Supported Coins: 5,500+
- Security: Certified CC EAL5+ (Secure element chip)
- Cold Wallet Cost: $79
- NFT Storage: Yes (Ledger Live software)
- Connectivity: USB-C
- Compatible App: Windows, MacOS, Android, and iOS.
- Staking: Yes
- Built-in Exchange: Buy, sell, and swap coins
What is Ledger Nano S Plus?
Ledger S Plus is a Bitcoin hardware crypto wallet that can hold more than 5,500 coins and tokens, including Bitcoin, Ethereum, XRP, Cardano, and Polygon. You can also store your NFTs on it and see them in Ledger Live.
It works with your computer and your Android phone. Just plug it in with a USB-C cable and use the Ledger app to do everything with your crypto. You can buy, swap, stake, and earn more crypto.
- The Ledger Nano S Plus is super secure. It has a secure chip that protects your private keys from hackers. It also gives you a 24-word phrase that is the only way to restore your keys if you lose your device. And you can set your own PIN code to unlock your device.
- It also has more memory that lets you install up to 100 apps at the same time. This means you can create multiple wallets.
- The wallet comes in three cool colors: matte black, electric blue, and flamingo pink. You can also get some awesome accessories, like the Ledger Nano S Plus Pod, the Ledger Backup Pack, the Cryptosteel Capsule Solo, or the Ledger Family Pack S Plus.
Pros
- Highly secure and industry established
- Large memory space to create multiple hidden wallets
- Easy restore and backup
- Mobile app for easy buying and selling
- Integrates with more than 50 bitcoin software wallets
Cons
- Not Supports all popular altcoins and new blockchains
- Display is Smaller in Size
Ledger Nano S Plus Review: Key Features
1. Build Quality and Device Specifications
What does the Ledger Nano S Plus look like? It’s a stylish and sturdy device made of metal and plastic. It has a big screen that lets you see and confirm your transactions easily.
It also has a USB-C port that connects to different devices. You can choose from many colors like matte black, silver, rose gold, etc.
The Nano S Plus is a small and light device that you can carry in your pocket or on your keychain. It is 62.39 x 17.40 x 8.24mm in size and weighs only 21g. It has a 128 x 64 pixels screen that shows you clear and detailed information about your transactions.
2. Ledger Nano S Plus Supported Coins
You can store over 5,500+ coins and tokens from 27 different blockchains, including Bitcoin, Ethereum, XRP, Cardano, Polygon, and many more.
But not all of these coins and tokens can be managed by Ledger Live. It can handle 500+ coins and tokens natively, but you can use other software wallets like Atomic wallet or Exodus that work with your Ledger device to manage more than 5000 coins and tokens. Check full list here.
You can also store NFTs, which are digital assets that can be art, collectibles, games, etc. You can send and receive your NFTs safely and transparently in Ledger Live.
3. Ledger Nano S Plus Security
How secure is the Ledger Nano S Plus? It uses a certified secure chip (CC EAL5+) to keep your private keys offline, away from hackers.
This chip is the same one used in credit cards and passports, and it makes sure that your crypto assets are protected by the highest level of security.
The Ledger Nano S Plus also supports U2F, a standard for two-factor authentication that adds an extra layer of security to your online accounts.
The Ledger Nano S Plus cold wallet has some other security features as well:
- PIN code: You can create a 4 to 8-digit PIN code to lock your device and access your apps. The PIN code stops anyone from using your device if you lose it or someone steals it. If you type the wrong PIN code three times in a row, the device will reset and delete all the data stored on it.
- Recovery phrase: You can also back up your device by writing down a 24-word recovery seed phrase on the recovery sheets provided in the box. The recovery phrase is a way to write down your private keys that lets you restore your device on another Ledger device or compatible wallet if you lose or damage your original device. You should keep your recovery phrase in a safe and secret place, and never share it with anyone or enter it online.
- BOLOS Operating system: The Ledger wallets come with their native OS called BOLOS. It is highly secure, customizable, and supports safe firmware upgrades.
- Ledger Live: It is the app for your Ledger device that lets you manage your crypto assets and NFTs. You can use Ledger Live to install apps, send and receive transactions, swap and stake crypto, buy and sell NFTs, and more. Ledger Live also has security features such as password protection, biometric authentication, anti-phishing protection, and auto-lock.
4. Ledger Nano S Plus Price
How much does the Ledger Nano S Plus cost and where can you buy it? The Ledger Nano S Plus costs €79.00 on the official Ledger website.
You can also buy it from “Amazon” an authorized partner of Ledger in India. It offers free express shipping and various payment options, including credit/debit cards, bank transfers, etc.
5. Connectivity and OS Compatibility
How do you connect the Ledger Nano S Plus to your device? You can connect it to 64-bit desktop computers running Windows 10 / 11, macOS Big Sur / Monterey / Ventura, or Ubuntu LTS 20.04 / 22.04 (both excluding ARM processors). You can also connect it to smartphones running Android 10 or higher.
It has a USB-C port that lets you connect it to different devices, such as desktops, laptops, and smartphones. To connect your hardware wallet to your device, you need to use the USB-C to USB-A cable provided in the box or the Ledger OTG Kit (sold separately).
Nano S Plus Staking Review
Staking means locking your coins to help the blockchain network run smoothly. You get rewards for doing that.
Ledger Live lets you stake 9 coins: Tron, Tezos, Cosmos, Polkadot, Algorand, Ethereum, Crypto.com coin, Solana, and Matic.
How do you stake coins with Ledger Live application? Just follow these steps:
- Make an account for the coin you want to stake.
- Get some crypto through Ledger Live or send your funds to your Ledger device from an exchange or another wallet.
- Click the earn rewards button on the account of the coin you want to stake.
- When picking a validator, make sure to choose Ledger (when available).
- Pick the amount and confirm.
Related: Best platforms for staking digital assets
Software Wallet Integration Review
You can integrate your Ledger hardware wallet with more than 50 hot wallets including MetaMask crypto wallet.
MetaMask is a software wallet that lets you use decentralized apps (dApps) and decentralized finance (DeFi) protocols on different blockchains.
You can connect your Nano S Plus to MetaMask to enjoy the best of both worlds: a hardware wallet for security and a software wallet for convenience.
How do you connect your Ledger to MetaMask? Just follow these steps:
- Connect your Ledger device to your computer with a USB cable.
- Open the Ethereum app on your Ledger device by going to the Ethereum icon and pressing both buttons at the same time.
- Open MetaMask in full screen on your browser and select Create a new wallet or Import an existing wallet.
- Open the account settings and select Hardware wallet.
- Select Ledger, and click Continue.
- After a short moment, a list of accounts shows up. These are your Ledger accounts.
- Select an account by ticking the box then click Unlock.
How to Set up Ledger Nano S Plus?
To use Ledger Nano S Plus cold storage, follow these steps:
- First of all, you need to download the Ledger Live app on your phone or computer.
- Next, to turn on Ledger Nano S Plus, you need to plug in your Nano device to your phone or computer using the cable that came with it. Turn it on by pressing both buttons at the same time.
- Then, you need to pick a PIN code for your device. The PIN code should be between 4 and 8 numbers long.
- After that, you need to write down your 24-word recovery phrase on the paper that came with your device. You can see the words on your device screen and confirm each word with both buttons.
- Finally, you need to install some apps on your device and add some accounts in Ledger Live.
- You can install apps on your device by going to the “Manager” section in Ledger Live and choosing the apps you want to install. You can add accounts in Ledger Live by going to the Accounts section and clicking on Add account.
Read full full guide on setting up Ledger wallets.
Ledger Nano S Plus and Nano X: Which is better?
| Feature | Ledger Nano S Plus | Ledger Nano X |
|---|---|---|
| Price | $79 | $149 |
| Bluetooth | No | Yes |
| Battery | No | Yes |
| Screen size | 128 x 64 pixels | 128 x 64 pixels |
| Memory capacity | 1.5 MB | 2 MB |
| Number of apps supported | Up to 100 | Up to 100 |
| Number of coins supported | Over 5000+ | Over 5000+ |
| Device size | 62.39mm x 17.40mm x 8.24mm | 72mm x 18.6mm x 11.75mm |
| Device weight | 21 grams | 34 grams |
| Materials | Brushed stainless steel and plastic | Brushed stainless steel and plastic |
Related:
- Trezor Model One Vs Ledger Nano S Plus
- Ledger Nano S Vs Nano X Vs Stax
- Ledger Vs Trezor
- Ledger Nano X Wallet review
Alternatives to Ledger Nano S Plus
| Keyword | Ledger Nano S Plus | Trezor Model T | ELLIPAL Mini |
|---|---|---|---|
| Cost | $79 | $219 | $79 |
| Dimensions | 62.39 x 17.40 x 8.24 mm | 64 x 39 x 10 mm | 62 x 37 x 10 mm |
| Mass | 21 g | 22 g | 20 g |
| Build | Brushed stainless steel and plastic | Plastic | Metal and plastic |
| Display | LED 128 x 64 | LCD touchscreen 240 x 240 | LCD touchscreen 2.4 inches |
| Port | USB-C | USB-C and microSD | USB-C and SD card |
| Power source | No battery, USB connection only | No battery, USB connection only | Rechargeable battery, (7 hours) |
| Processor | ST33K1M5 secure element chip | STM32F4 microcontroller chip | SE chip |
| Supported devices | Windows, macOS, Linux, Android | Windows, macOS, Linux, Android, iOS | Android and iOS only |
| Crypto assets supported | 5000+ | 1456+ | 10,000+ |
| NFT compatibility | Yes | No | Yes |
| Anti-tamper | No | No | Yes |
| Firmware update | Yes, via USB connection | Yes, via USB connection using Trezor Suite app | Yes, via SD card |
Related:
Final Thoughts: Is Nano S Plus Worth it?
To sum up Ledger Nano S Plus review, it is an excellent cold storage option for anyone who wants to securely store and manage their crypto assets and NFTs.
It offers a user-friendly interface, a large screen, a USB-C port, and a high storage capacity. The wallet supports over 5000 coins and tokens, as well as Web3 and NFT features.
It also has a secure element chip, a PIN code, and a passphrase option for enhanced security. The Nano S Plus is priced at $79, which is very reasonable for the value it provides. The only drawbacks are that it does not support iOS devices or Bluetooth connectivity.
However, these are minor issues that may be resolved in future updates. Overall, the Nano S Plus is a worthy upgrade from the original Nano S and a solid competitor to the Nano X. If you are looking for a reliable and convenient hardware wallet, you should definitely consider the Nano S Plus.
Nano S Plus Review: FAQs
Does Ledger Nano S Plus have Bluetooth?
The Ledger Nano S Plus does not support Bluetooth connection. You can only use the USB-C cable to connect it to a compatible device.
If you want a Bluetooth-enabled device, you can check out the Ledger Nano X, which is a more advanced and costly model.
How to reset Ledger Nano S Plus?
If you want to erase all your private keys, apps, and settings from your Ledger Nano S Plus, you can reset it to factory settings.
You can do this from the settings menu on the device or by entering a wrong PIN code three times when unlocking it. You will need your 24-word backup phrase to recover your accounts after resetting the device.
Is Nano S Plus Safe and Legit?
The Nano S Plus is a legitimate and safe hardware wallet that uses a certified secure chip and a custom BOLOS operating system to keep your private keys away from physical and software attacks.
The device is made by Ledger, a leading company in the crypto security industry, with over 6 million customers worldwide. The device has passed various security audits and certifications, such as CC EAL5+.
What if Ledger Nano is lost?
Losing your Ledger Nano device does not mean losing your crypto assets, as long as you have your 24-word backup phrase. Your crypto assets are not stored on the device, but on the blockchain, and your device only holds the keys that allow you to access them.
You can use another Ledger device or a compatible software wallet to restore your accounts using your backup phrase.
Is it possible for Ledger to get hacked?
It is very rare for Ledger to get hacked, as the device uses a high-end security chip and an isolated operating system to prevent any unauthorized access to your keys. The device also requires your physical confirmation for any transaction or operation, so no one can steal your funds remotely.
However, you should still be careful about phishing attacks, malware, or fake websites that may try to trick you into revealing your PIN code or backup phrase. Never share your 24-word backup phrase with anyone, never enter it on any website or software, even if it looks like it’s from Ledger.
How many apps can be installed in Ledger Nano S Plus?
The Ledger Nano S Plus can store up to 100 apps at once, depending on the app size. This means you can handle more crypto assets without having to uninstall and reinstall apps often.
