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+

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 Seed, Passphrase, Optional 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

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