Ledger Nano S Plus Review

In an era of rampant cryptocurrency exchange hacks and vulnerabilities, safely securing digital assets is imperative. Yet software-only safeguards continue to prove penetrable for even seasoned investors. That’s why interest in hardware wallets like the Ledger Nano S Plus remains white hot – guaranteeing offline asset protection that software can’t replicate.

But not all hardware devices render equal security. Our Ledger Nano S Plus review cuts through the hype to assess if the self-proclaimed “highest security standards” meaningfully materialize across essential criteria.

What is the Ledger Nano S Plus?

The Ledger Nano S Plus represents the latest premium offering from the brand. Released in 2022, it’s billed as Ledger’s most advanced hardware wallet yet, combining ease of use with hardcore security features for cryptography experts and newcomers alike. It’s the successor to the popular Nano X, aiming higher.

It is defined by robust, premium materials like its stainless steel case encasing tamper protection and resilient electronics to establish unmatched security through durable, offline cold storage.

Designed expressly for investors with more significant cryptocurrency holdings, the Nano S Plus adheres to Ledger’s standard of excellence with meticulous design focused on the integrity of users’ private keys.

For those who prioritize protection for their growing long-term investments, the Ledger Nano S Plus is the definitive hardware wallet solution.

Security

At the core of the security protections is the proprietary Secure Element chip. It ensures both cryptographic keys and the assets themselves remain isolated from internet connectivity and stored safely. The Secure Element provides a tamper-resistant environment capable of withstanding sophisticated physical or side-channel attacks. Users can have confidence their funds won’t fall into the wrong hands.

Backup phrase system

The Ledger also uses the proven recovery phrase system – allowing users to restore their assets on new devices if their original gets lost or damaged. The 24-word mnemonic phrase remains offline from start to finish for account recovery.

FIDO2 support

The Ledger Nano S Plus takes things up a notch by supporting FIDO2 passwordless login authentication. This means users can leverage their Ledger device to seamlessly login to partner sites in a few seconds while benefiting from phishing-resistant security.

Resilient overall build

And while the Secure Element provides robust internal protections, the Ledger Nano S Plus exterior also features anti-tampering design hallmarks to spot any unauthorized access attempts to the seal, case, or buttons.

Ease of Use

Navigating the Nano S Plus is made simple through the intuitive user interface on the device’s 1.2” display. Clear menus and prompts guide users through tasks like transactions and supply all key status information without clutter. Buttons, while minimal, give tactile feedback for seamless operation.

The provided Ledger Live software lessens the learning curve further still. Step-by-step instructions make the initial Nano S Plus setup a painless process, allowing users to get secured in minutes. From then on, Ledger Live enables easy direct integration with a desktop for convenient asset management.

Adding new crypto asset accounts only takes a few clicks in Ledger Live. Users can quickly search currencies and tokens to start tracking balances. At a glance, all holdings are listed with real-time valuations, removing any hassle to regularly check.

Sending or receiving crypto transactions proves just as straightforward. Confirmation prompts clearly display key details, letting users validate transfers on the Nano S Plus screen before signing for optimal security assurance. Checks against incorrect addresses provide an extra safeguard as well.

Read also! How to Use Ledger Nano S Plus

Supported Cryptos

In its pursuit to offer the most versatile hardware wallet solution, Ledger packed asset support on the Nano S Plus. Over 5,500 different cryptocurrencies and tokens can be managed, from Bitcoin and Ethereum to almost any popular altcoin.

Integration spans DeFi protocols, NFT marketplaces, dApps, and metaverse worlds, enabling users to securely connect to and explore nearly all corners of the crypto ecosystem. Ledger’s Ethereum and Polygon apps exemplify this seamless interoperability in action.

With frequent firmware updates down the line, Ledger plans to continuously expand assets and partners integrated with the Nano S Plus. This ensures that as the crypto space grows, the Nano S Plus grows alongside it to match any emerging developments or network support needs.

Hardware & Durability

The Nano S Plus construction sees a durable stainless steel case replacing plastic from prior models, able to better withstand intensive use over time. The reinforced electronics offer water resistance as well for added resilience.

This hardware durability couples with the BOLOS platform iteration for secure embedded software. BOLOS enables cryptographic protection and isolation upgraded from the Nano X’s specifications to match advanced security demands.

Battery life sees improvement to offer extensive autonomous use before recharging via USB-C. Additionally, a built-in battery backup kicks in during low power states to keep assets accessible and allow recovery seed access. This failsafe removes battery dependency risks.

Pricing & Comparison to Model T

With a retail price of $79, the Nano S Plus comes in over 50% cheaper than the $153 Trezor Model T. Yet it still provides on par offline cryptography and protection for assets thanks to the embedded Secure Element chip.

Up against the Model T, the Nano S Plus holds its own remarkably well despite the significant price difference. Users still get excellent offline asset safety through Secure Element integration and backup seed phrase access. Although the Model T touts a larger touchscreen, the Nano S Plus smartly prioritizes function over flashy features.

Given the suite of premium security capabilities included at just under $80, the Ledger Nano S Plus delivers outstanding value. For cryptocurrency diehards and anyone with substantial crypto holdings, it provides indispensable hardware wallet functionality at an affordable cost.

Ledger Nano S Plus Review – Pros and Cons

Now, let’s consider the pros and cons of the Ledger Nano S Plus hardware wallet:

Pros	Cons
Supports over 5,500 cryptocurrencies out of the box via Ledger Live	Requires occasional firmware updates to maintain full asset support
Boasts premium security – Secure Element, backups, cryptographic erasure	Lacks touchscreen interface that competing wallets offer
Robust stainless steel construction for durability	Mobile pairing app would simplify setup process
User-friendly interface and transaction approval controls
Stores virtually unlimited number of NFTs and crypto apps
FIDO2 passwordless authentication capability
Waterproof and damage-resistant build
Top-notch customer service and tech support team
Great portability for usage on-the-go

Where to Buy Ledger Nano S Plus?

With the Ledger Nano S Plus in high demand thanks to its robust security features, crypto enthusiasts want to know the best place to buy the sought-after hardware wallet.

While the Ledger Nano S Plus is available from some third-party electronics retailers, buying directly from the source at Ledger’s online shop is strongly recommended. Not only does Ledger provide excellent customer support and fast shipping, but you can score the best deals and bundle offers by purchasing from their official site via our exclusive affiliate link below.

Sure, you may find the Nano S Plus at places like Amazon or Walmart, but those sites rarely have special discounts or promotions. And Ledger can’t guarantee those devices were stored properly or weren’t tampered with. By clicking through our Ledger affiliate link, you can buy with total peace of mind knowing their device ships factory-sealed straight from the source with available bundle deals at the best pricing.

Ledger Nano S Plus Alternatives

If you’re still deciding whether the Ledger Nano S Plus is the right fit for you, there are quite a few viable crypto hardware wallet alternatives worth considering as well.

These include products with similar capabilities and advanced offline storage security for protecting your assets from hacking attempts. Three competitive and well-known options in this space include the following:

• Trezor Safe 3,
• Trezor Model T,
• Bitkey wallet.

We directly compare the key hardware wallet attributes and capabilities of these alternatives below:

Verdict

To conclude this Ledger Nano S Plus review, we can say this Bitcoin wallet stands out for its enhanced durability via stainless steel construction, highly advanced security from Secure Element and FIDO2 support, immense asset integrations, and intuitive user experience – all at an affordable sub-$79 price point. It’s an excellent fit for intermediate to expert cryptocurrency investors with more valuable portfolios who prioritize hardcore offline protection.

The only notable limitations are the need for regular firmware updates to maximize asset support as new networks release. It also forgoes some convenience aspects like a mobile pairing app that similar wallets offer to simplify setup. Nonetheless, the device depsite lacking some bells and whistles remains hyper focused on robust security as its main value proposition.

For crypto holders looking to lock down their assets for the long haul, the Ledger Nano S Plus warrants an outstanding 4.5 out of 5 rating and strong recommendation. Given the criticality of cryptocurrency security, the Nano S Plus should provide indispensable hardware wallet functionality for years to come thanks to Ledger’s industry leadership. It cements premium safety and everyday usability at bargain pricing.

FAQs

• Is the Ledger Nano S Plus compatible with my computer/smartphone?

The Ledger Nano S Plus is compatible with Windows, Mac OS, Linux, iOS and Android operating systems through the Ledger Live app, giving it wide device compatibility.

• How many cryptocurrencies and tokens does the Ledger Nano S Plus support?

The Ledger Nano S Plus supports over 5500 different crypto assets and counting.

• Can I stake crypto or access dApps and DeFi with the Ledger Nano S Plus?

Yes, the Ledger Live app allows you to directly stake coins like Tezos, Cosmos ATOM, and Cardano ADA. You can also access Ethereum and BNB Chain DeFi and dApps by connecting your wallet.

• Is the Ledger Nano S Plus safe from hackers? How is it secured?

The Ledger Nano S Plus utilizes a Secure Element chip to isolate private keys, plus a backup recovery phrase system, PIN code protections, cryptographic erasure, and anti-tampering design for full security.

• How long does the battery last and what happens if it dies?

The Ledger Nano S Plus battery lasts for extensive usage but also has built-in backup battery power so crypto assets remain accessible if the battery were to die after years.