Verified Wallet Record

Ledger Nano S Plus Review

A strong entry-level Ledger signer for desktop and Android users who want broad asset support, USB-C, no battery, and secure-element protection, but it requires trust in Ledger's proprietary firmware and is not suitable for iOS mobile signing.

Ledger Nano S Plus
Ledger Nano S Plus

Ledger Nano S Plus

Budget Conscious Users
4.1/5

Pros

  • Strong fit for Budget Conscious Users
  • Strong fit for Desktop Users
  • Strong fit for Android Users
  • Strong fit for Multi Asset Holders

Cons

  • Not ideal for iOS Mobile signing Users
  • Not ideal for Open source Purists
  • Not ideal for Users Wanting Touchscreen
  • Not ideal for Users Wanting Airgap
Price
$79
Connectivity
USB-C
Open Source
Partially open source
Coins
15,000+

Companion app

This device pairs with Ledger Wallet / Ledger Live. Our companion review covers custody, recovery, and what the app controls versus the hardware signer.

Read Ledger Wallet / Ledger Live review

Key Specifications

Manufacturer
Ledger
Country
France
Launch Year
2022
Firmware Maintained
Yes
Secure Element
Yes
Air-gapped
No
Connection
USB-C
Official App
Ledger Wallet

Security Model

Security Philosophy

Proprietary secure-element architecture that keeps private keys inside Ledger hardware and requires physical button confirmation on a trusted display.

Trust Assumptions

  • Ledger OS and secure-element implementation remain trustworthy
  • Users install Ledger Live or wallet apps from legitimate sources
  • Users verify receiving addresses and transaction prompts on the device screen
  • Ledger firmware updates do not introduce unwanted recovery or signing behavior without user consent

Backup Methods

24 Word SeedPassphraseOptional Ledger Recover Subscription
Best For
  • Budget Conscious Users
  • Desktop Users
  • Android Users
  • Multi Asset Holders
  • Users Avoiding wireless Connectivity
Not Recommended For
  • iOS Mobile signing Users
  • Open source Purists
  • Users Wanting Touchscreen
  • Users Wanting Airgap

Known Issues

2020: Ledger e-commerce and marketing data breach

Ledger disclosed that customer contact and order details from its e-commerce and marketing systems were accessed by an unauthorized third party; Ledger said payment information, credentials, hardware wallets, Ledger Live, and crypto funds were not affected.

2023: Ledger Recover controversy

Ledger Recover drew criticism from self-custody users because the optional paid recovery service introduced a firmware-supported identity-based backup workflow for compatible Ledger devices.

2026: Counterfeit Nano S Plus phishing reports

Reports described counterfeit Nano S Plus-style devices sold through unofficial marketplaces that attempted to direct users to malicious software; this is a supply-chain and phishing risk rather than an exploit of genuine Ledger hardware.

Sources

Compare with other wallets

Related news

Software you might also use

Companion apps and related software guides. These are separate from our hardware rankings.

Ledger Wallet / Ledger Live

Ledger Wallet / Ledger Live

Ledger device owners needing the official management interface

Ledger Live is a hardware companion: its security and recovery meaning depend on a paired Ledger device and its backup, so it belongs in a companion-only bucket.

Custody: Self Custody

Platforms: Windows, Macos, Linux, iOS, Android

Role: Hardware Companion

Hardware companionMulti-chainDesktop

Free

Related Wallet Reviews

Similar options worth comparing before you buy.

Ledger Nano X

Ledger Nano X

Mobile Users
Top Pick

Ledger Nano X is the mobile-focused Ledger signer for users who want iOS and Android Bluetooth signing, broad asset support, and secure-element protection, but it costs more than Nano S Plus and requires comfort with proprietary firmware and wireless connectivity.

$149

Ledger Nano Gen5

Ledger Nano Gen5

Beginners Wanting Touchscreen

Ledger Nano Gen5 is Ledger's entry touchscreen signer for users who want Clear Signing, mobile connectivity, and an included Ledger Recovery Key at a lower price than Flex, but it still requires trust in Ledger's proprietary firmware and wireless stack.

$179

Ledger Flex

Ledger Flex

Mobile Users

Ledger Flex is a premium touchscreen Ledger signer for users who want clearer transaction review, iOS and Android connectivity, NFC recovery-key support, and broad Ledger ecosystem features, but it is expensive and still depends on Ledger's proprietary firmware trust model.

$249

Ledger Stax

Ledger Stax

Premium Buyers

Ledger Stax is Ledger's flagship touchscreen signer for users who want the largest Ledger secure screen, Qi wireless charging, NFC recovery-key support, and a premium form factor, but it is expensive and provides no open-source firmware advantage over cheaper alternatives.

$399