Ledger Nano S Plus Review
Verdict
The cheapest Ledger with an EAL6+ secure element — the best-value entry to the Ledger ecosystem.
Score breakdown
Six pillars, weighted identically for every wallet (security-weighted).
Pros
- EAL6+ secure element at a low price
- Huge asset support via Ledger Live
- Proven, widely supported ecosystem
Cons
- Closed-source firmware
- No Bluetooth; Android-only mobile (no iOS)
- Small button-driven screen
Security & track record
Ledger’s 2020 customer data breach and 2023 "Ledger Recover" controversy apply brand-wide (see review); no device key compromise.
Specifications
| Type | Hardware · Hardware wallet |
|---|---|
| Price | ~A$90 (USD-converted (~US$59)) |
| Maker | Ledger · France |
| Released | 2022 |
| Secure element | EAL6+ (ST33) |
| Open source | Closed-source |
| Backup / recovery | 24-word seed phrase |
| Air-gapped | No |
| Connectivity | USB-C |
| Screen | 128×64 mono OLED (buttons) |
| Platforms | Desktop, Android |
| Assets | 5,500+ via Ledger Live; 15,000+ via apps |
Ledger Nano S Plus — frequently asked questions
Is Ledger Nano S Plus safe?
Ledger Nano S Plus is a hardware wallet. It keeps your private keys offline on a EAL6+ (ST33) secure element, so they can't be reached remotely. Its firmware and app are closed-source. Ledger’s 2020 customer data breach and 2023 "Ledger Recover" controversy apply brand-wide (see review); no device key compromise. The biggest risk with any self-custody wallet is your recovery phrase — never share it or type it into a website.
How much does Ledger Nano S Plus cost?
Ledger Nano S Plus costs ~A$90 (USD-converted (~US$59)). Only ever buy a hardware wallet directly from the manufacturer or an authorised reseller — never a marketplace listing or a "pre-configured" device.
What coins does Ledger Nano S Plus support?
Ledger Nano S Plus supports 5,500+ via Ledger Live; 15,000+ via apps. Check it covers the specific coins and networks you hold before you commit.
Is Ledger Nano S Plus good for beginners?
Ledger Nano S Plus is reasonably beginner-friendly. It's a hardware wallet, best for beginners, budget, backup signer.
What happens if I lose my Ledger Nano S Plus device?
Losing the device doesn't mean losing your crypto — you restore your funds onto a new device using your backup (24-word seed phrase). But if you lose the recovery phrase itself, the funds are gone permanently — no one, including the maker, can recover them. Back it up offline in more than one secure place.
General information only — not financial advice. Prices are approximate (many makers publish USD only) and change frequently; verify current pricing with the maker. Self-custody wallets put you in full control of your keys and your risk.