The Ledger Nano S Plus is a hardware wallet designed to provide top-tier security for your cryptocurrencies and NFTs. Priced at $79, it combines affordability with robust features like a certified secure chip, OLED display, and support for 5,500+ digital assets. This review explores its strengths, limitations, and ideal user profiles.
What Is the Ledger Nano S Plus?
Ledger, a leader in cold wallet innovation, offers three hardware wallets:
- Ledger Stax
- Nano X
- Nano S Plus
The Nano S Plus stands out for its offline private key storage, shielding assets from online threats. Additional offerings include:
- The Billfodl: A steel backup for recovery phrases.
- Compact USB connectivity for easy computer/smartphone pairing.
Who Should Use the Ledger Nano S Plus?
1. Beginners
- Simple setup via the Ledger Live app.
- Buy, swap, stake, and manage 5,500+ assets securely.
2. Experienced Traders
- Offline private keys for enhanced security.
- Integrates with MetaMask, MyEtherWallet, and DeFi platforms.
Key Features
✅ Security
- CC EAL5+ certified secure chip resists physical/logical attacks.
- Zero recorded remote hacks.
✅ OLED Display
- Verify transactions and recovery phrases directly on the device.
✅ Multi-Asset Support
- Store Bitcoin, Ethereum, NFTs, and more.
- Manage up to 100 apps (though memory is limited to 1.5MB).
✅ Third-Party Compatibility
- Works with MetaMask, Binance Smart Chain, and other DeFi platforms.
Drawbacks
❌ Limited Memory
- Only 1.5MB for apps—uninstalling/reinstalling may be needed for new coins.
❌ Less Convenient Than Hot Wallets
- Requires USB connection (slower than instant digital wallets).
❌ Small Display
- OLED screen is functional but cramped for detailed info.
Setup Guide
- Download Ledger Live and select Set Up New Device.
- Create a PIN and generate a 24-word recovery phrase.
- Hide the recovery phrase (e.g., with Billfodl).
- Verify the device via Ledger Live.
Final Verdict
The Ledger Nano S Plus is a budget-friendly, secure wallet ideal for long-term holders and traders prioritizing safety over convenience. While its small screen and memory limits are minor drawbacks, its ANSSI-certified security and 5,500+ asset support make it a standout choice.
FAQs
Q: Is the Ledger Nano S Plus obsolete?
A: No—it remains a secure, versatile option with regular firmware updates.
Q: Can I buy Bitcoin on the Nano S Plus?
A: Yes! Use Ledger Live or third-party wallets like MetaMask.
Q: Is Ledger safe?
A: Absolutely. Its offline storage and secure chip ensure zero exposure to online threats.
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