The Ledger Nano S Plus has solidified its place as one of the most trusted hardware wallets for cryptocurrency and NFT storage. In this comprehensive 2025 review, we’ll break down its security, usability, features, and limitations to help you decide whether it’s the right fit for your digital asset journey.
Backed by Ledger’s decade-long reputation in the crypto security space, the Nano S Plus delivers robust protection at an accessible price point. Whether you're new to crypto or a seasoned trader, this compact device offers peace of mind through offline private key storage, certified security hardware, and seamless integration with popular platforms.
Let’s dive into what makes the Ledger Nano S Plus stand out—and where it falls short.
What Is the Ledger Nano S Plus?
The Ledger Nano S Plus is a hardware wallet designed to securely store cryptocurrencies and NFTs offline. As part of Ledger’s lineup—alongside the Nano X and Ledger Stax—it combines strong security with user-friendly functionality.
Unlike software wallets connected to the internet, hardware wallets like the Nano S Plus keep your private keys completely isolated from online threats. This makes them immune to remote hacking attempts, phishing, and malware—a critical advantage for long-term crypto holders.
The device connects via USB to your computer or smartphone and features a built-in OLED display for verifying transaction details directly on the device. With support for over 5,500 digital assets, including major blockchains and NFTs, it’s a versatile tool for managing a diversified portfolio.
Ledger also offers complementary products like Billfodl, a fireproof steel backup solution for your 24-word recovery phrase—ensuring your crypto remains recoverable even in physical emergencies.
👉 Discover how secure crypto storage can protect your digital wealth today.
Who Should Use the Ledger Nano S Plus?
For Beginners
If you're just starting out in crypto, the Nano S Plus offers a straightforward way to secure your assets without complexity. Setting up the wallet through the Ledger Live app takes minutes, guiding you step-by-step through PIN creation, recovery phrase generation, and device verification.
Once set up, you can easily buy crypto with fiat, swap tokens, stake assets for passive income, and send or receive funds—all within a single interface. Its support for NFTs also makes it ideal for those exploring digital collectibles.
For Experienced Traders
Professional traders value security without sacrificing flexibility. The Nano S Plus lets you maintain full control over your private keys while integrating with third-party platforms like MetaMask and MyEtherWallet. This enables direct interaction with decentralized finance (DeFi) apps such as Uniswap, Aave, and Compound.
You can also connect to Binance Smart Chain for low-cost transactions and broader dApp access. Even with advanced use cases, your keys remain safely offline—only signing transactions after local confirmation on the device screen.
Why the Ledger Nano S Plus Stands Out
Military-Grade Security with Secure Element Chip
At the heart of the Nano S Plus is a CC EAL5+ certified secure chip, one of the highest security standards available. This tamper-resistant microcontroller ensures your private keys never leave the device—even during transactions.
All cryptographic operations, including address generation and transaction signing, happen internally. The chip defends against both physical tampering and logical attacks, giving you enterprise-level protection in a consumer-friendly form.
This certification comes from ANSSI, France’s national cybersecurity agency, reinforcing Ledger’s commitment to trust and transparency.
Real-Time Transaction Verification via OLED Display
Every time you make a transaction, the OLED display shows key details: recipient address, amount, network fees, and more. You must manually approve each transaction using the side buttons—preventing malicious dApps or phishing sites from tricking you into sending funds unknowingly.
During setup, the screen also displays your 24-word recovery phrase, reducing the risk of input errors when recording it manually.
Support for Over 5,500 Cryptocurrencies & NFTs
From Bitcoin and Ethereum to emerging altcoins and NFTs, the Nano S Plus supports an expansive range of digital assets. You can install up to 100 apps on the device (e.g., Bitcoin app, Ethereum app), each managing a specific blockchain or token standard.
NFTs stored on Ethereum, Polygon, and other supported chains can be viewed and managed directly in the Ledger Live app—making it easier than ever to track your digital art and collectibles alongside your coins.
👉 Learn how multi-chain support simplifies crypto management across networks.
Getting Started: Setup Guide
Setting up your Ledger Nano S Plus is simple:
- Open Ledger Live – Plug in your device and launch the app.
- Set Up as New Device – Follow prompts to initialize.
- Choose a PIN Code – Create a 4–8 digit code (never share it).
- Write Down Recovery Phrase – Copy the 24 words exactly—this is your only backup.
- Verify Phrase on Device – Confirm words in order to ensure accuracy.
- Check Device Authenticity – Ledger Live verifies firmware integrity.
Once complete, your wallet is ready to receive crypto. Remember: never store your recovery phrase digitally or online.
Key Features at a Glance
- ✅ Secure Element Chip (EAL5+ certified)
- ✅ OLED Display for Transaction Verification
- ✅ Supports 5,500+ Cryptos & NFTs
- ✅ Integrates with MetaMask, MyEtherWallet, BSC
- ✅ Ledger Live App: Buy, Swap, Stake, Send
- ✅ Available in Multiple Colors (Black, Orange, Blue, White, Transparent)
The color options add a personal touch—ideal for users who want style without compromising security.
Potential Drawbacks to Consider
Limited On-Device Memory (1.5MB)
While the 1.5MB memory supports up to 100 apps, frequent traders with many different tokens may need to constantly uninstall and reinstall apps—a minor inconvenience but worth noting.
Your crypto balances remain safe regardless of installed apps; only access is temporarily affected until reinstallation.
Less Convenient Than Hot Wallets
Compared to mobile or browser-based wallets (like Trust Wallet or MetaMask), the Nano S Plus requires physical connection and manual approval for every transaction. While this enhances security, it slows down fast-paced trading or frequent interactions with dApps.
It's best suited for long-term storage, not day-to-day spending.
Small Screen Size
The compact OLED display works well but shows limited information at once. Users may need to scroll through multiple screens to verify full transaction details—especially long wallet addresses.
Still, it’s a trade-off for portability and durability.
Frequently Asked Questions (FAQ)
Q: Is the Ledger Nano S Plus obsolete?
A: No. Despite newer models like the Ledger Stax, the Nano S Plus remains a secure, supported device with regular firmware updates and full compatibility with Ledger Live.
Q: Can I buy Bitcoin directly on the Ledger Nano S Plus?
A: Not directly on the device—but through the Ledger Live app, you can purchase Bitcoin using credit card or bank transfer via partnered exchanges.
Q: Is Ledger safe for storing crypto?
A: Yes. Ledger uses a secure element chip to isolate private keys from internet exposure. There has never been a successful remote hack of a Ledger device under normal usage conditions.
Q: Does it support NFTs?
A: Yes. You can view, manage, and transfer NFTs stored on Ethereum, Polygon, and other supported blockchains via the Ledger Live app.
Q: What happens if I lose my device?
A: As long as you have your 24-word recovery phrase, you can restore access to all your assets on any compatible wallet—including another Ledger device.
Q: Can I use it with MetaMask?
A: Absolutely. Connect your Nano S Plus to MetaMask via USB or Bluetooth (with Nano X) to interact securely with DeFi protocols while keeping keys offline.
Final Verdict: Is It Worth It?
The Ledger Nano S Plus strikes an excellent balance between security, affordability ($79), and functionality. For anyone serious about protecting their crypto investments—especially long-term holders and NFT collectors—it’s a smart upgrade from software wallets or exchange storage.
While it lacks expandable memory and has a smaller screen than premium models, these limitations are minor compared to its core strengths: certified security hardware, broad asset support, and seamless integration with leading crypto tools.
If you're looking for reliable cold storage that won’t break the bank, the Ledger Nano S Plus is still one of the best choices in 2025.
👉 Secure your crypto future with trusted hardware wallet technology.