Ledger Nano S Plus Review – 5 Things to Know

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The Ledger Nano S Plus has emerged as a compelling upgrade in the world of hardware cryptocurrency wallets. As Ledger’s third-generation device in the Nano series, it strikes a balance between affordability and functionality—making it ideal for both newcomers and experienced crypto holders. In this in-depth review, we’ll explore everything you need to know about the Ledger Nano S Plus, from its core features and setup process to supported coins and real-world usability.

Whether you're considering upgrading from the original Nano S or looking for a more budget-friendly alternative to the Nano X, this guide will help you make an informed decision.


What Is the Ledger Nano S Plus?

The Ledger Nano S Plus is a compact, USB-connected hardware wallet designed to securely store private keys offline—offering what’s known as cold storage. It supports over 5,500 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Binance Coin, and all ERC-20 tokens.

Unlike software wallets, the Nano S Plus keeps your digital assets safe from online threats such as hacking, phishing, and malware by ensuring private keys never leave the device.

Key specifications include:

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Who Should Buy the Ledger Nano S Plus?

This device is ideal for:

If you’re just storing Bitcoin or one or two major cryptos and want the lowest-cost option, the original Nano S might still suffice. But for most users, the Nano S Plus offers better long-term utility.


How It Compares: Nano S Plus vs. Nano S vs. Nano X

Understanding how the three models differ helps determine which one fits your needs.

FeatureNano SNano S PlusNano X
Screen Resolution128 × 32px128 × 64px128 × 64px
App CapacityUp to 3Up to 100Up to 100
Connection TypeMicro-USBUSB-CUSB-C
BatteryNoneNone8-hour battery life
BluetoothNoNoYes
Price (USD)~$59$79~$140

Key Takeaways:

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Supported Cryptocurrencies and NFTs

One of the biggest advantages of Ledger devices is their broad multi-chain support. The Nano S Plus works natively with over 5,500 digital assets, including:

Additionally, Ledger Live now allows users to view, send, and list NFTs directly from their wallet interface. When you access your Ethereum wallet in Ledger Live, simply select “See All NFTs” to view your collection with full metadata pulled from original creators.

You can:

This seamless integration makes the Nano S Plus one of the best options for NFT enthusiasts who prioritize security.


Setup Process: Step-by-Step Guide

Setting up your Ledger Nano S Plus is straightforward:

1. Connect and Install

Plug the device into your computer using the included USB-C cable. Download Ledger Live only from ledger.com—never third-party sites—to avoid malicious software.

2. Create a PIN

Follow on-screen prompts to set a 4–8 digit PIN. This PIN unlocks your device each time you use it. If entered incorrectly multiple times, the device will wipe itself—so remember it carefully.

3. Backup Your Recovery Phrase

The device generates a 24-word BIP39 recovery phrase. Write these words down in order on paper or a metal backup solution like Billfodl. Never store this digitally or take screenshots.

After writing it down, you'll be asked to confirm several words to ensure accuracy.

⚠️ Warning: Losing your recovery phrase means losing access to your funds forever. Treat it like physical cash.

4. Complete Setup in Ledger Live

Once verified, install apps for your preferred cryptocurrencies through Ledger Live. You're now ready to receive and manage your digital assets securely.


Frequently Asked Questions (FAQ)

Q: Is the Ledger Nano S Plus worth $79?

Yes—for users who need more than three apps or plan to hold NFTs. The USB-C port and better screen significantly improve usability over the original Nano S.

Q: Can I use the Nano S Plus with my phone?

Yes, but only when connected via USB OTG adapter (Android) or Lightning-to-USB cable (iOS). There’s no Bluetooth support.

Q: Does it support multi-signature wallets?

Yes, through third-party integrations like Casa and Unchained Capital. This enhances security for high-value holdings.

Q: Can I recover my wallet on another device?

Absolutely. Use your 24-word recovery phrase to restore your funds on any Ledger or compatible wallet.

Q: Why doesn’t it have Bluetooth?

Bluetooth increases complexity and attack surface. By omitting it, Ledger prioritizes security over convenience—ideal for long-term storage.

Q: How do I keep my recovery phrase safe?

Use a metal backup solution like Billfodl that resists fire, water, and corrosion. Avoid flimsy paper backups included in the box.


Final Verdict: Should You Buy It?

The Ledger Nano S Plus delivers excellent value as a mid-tier hardware wallet. It improves upon nearly every limitation of the original Nano S—larger storage, modern USB-C connectivity, better display—while avoiding unnecessary features like Bluetooth that could compromise security.

At $79, it’s priced competitively between the aging Nano S ($59) and feature-rich Nano X ($140). For most users managing a diverse portfolio—including NFTs—the S Plus offers the sweet spot of performance, security, and price.

While no device is perfect (e.g., no change address validation on-device), ongoing firmware updates and strong community support ensure it remains future-ready.

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Core Keywords:

Ledger Nano S Plus, hardware wallet, crypto storage, NFT wallet, cold storage, BIP39 backup, USB-C crypto wallet, multi-currency wallet