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8.7
10
Overall Rating

The Ledger Nano S was the first successful hardware wallet on the market and is still the market leader today. It is the classic among wallets and offers high security and an excellent price-performance ratio. The Nano S is ideal for beginners with a limited budget. Ledger has recently started offering an upgrade: the Ledger Nano S Plus. At €79, this is only slightly more expensive than the regular Nano S and offers a significant upgrade in terms of features and workmanship. If you can spend a little more, you should go for the premium model “Nano X” from Ledger: for the extra cost, you get a much higher quality device, more storage space for apps and easier handling thanks to the Bluetooth connection to your smartphone.

Read Review
By  
Ethan Parker
Senior Content Editor

Ledger Nano S

Hardware

Price
59 €
Secure Elements
CC-EAL5+
FIDO U2F Authenticator
yes
Yes
no
No
Certification
ANSSI
Processing quality
Low
Medium
Large
Service
Haptic buttons
Screen
128 x 32 pixels
Interfaces
USB C
Dimension
56.95mm × 17.4mm × 9.1mm
Weight
16g
Scope of delivery
1 hardware wallet, 1 USB-C to USB-A cable, 1 getting started leaflet, 3 recovery sheets, 1 lanyard

Ledger Nano S

User Interface

Offer and features of

Ledger Nano S

Functionality

Buy & Sell
yes
Yes
no
No
Staking
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
Backup
Recovery Seed (24 words)
Particularities
-
Available for US users?
yes
Yes
no
No

Unique Features

  • Ledger Live App
  • Up to 100 apps

Platforms

iOS App
yes
Yes
no
No
Android App
yes
Yes
no
No
Desktop App
yes
Yes
no
No

Our

Ledger Nano S

Review

Test Result

Overall rating
8.7
10
Operation
8
/10
complicated
simple
Functions & Scope
9
/10
simple
extensive
Supported Assets
10
/10
few
many
Security & Trust
9
/10
low
high
Beginner friendliness
8
/10
unsuitable
very suitable
Support
8
/10
bad
good

Conclusion

The Ledger Nano S was the first successful hardware wallet on the market and is still the market leader today. It is the classic among wallets and offers high security and an excellent price-performance ratio. The Nano S is ideal for beginners with a limited budget. Ledger has recently started offering an upgrade: the Ledger Nano S Plus. At €79, this is only slightly more expensive than the regular Nano S and offers a significant upgrade in terms of features and workmanship. If you can spend a little more, you should go for the premium model “Nano X” from Ledger: for the extra cost, you get a much higher quality device, more storage space for apps and easier handling thanks to the Bluetooth connection to your smartphone.

By  
Ethan Parker
Senior Content Editor

Pro's & Con's

What we like:
  • Cheap price
  • Easy handling
  • Many apps and integrations
  • A model that has proven itself for years
What we don't like:
  • Processing quality could be better
  • Little storage space (apps)
POWERED BY AI

Ledger Nano S

User Reviews

We compile and highlight user feedback from leading review platforms, social networks, and various online sources to provide you with a comprehensive overview of user experiences and user reviews
reddit
g2 crowd
twitter
trustpilot
sikayetvar
Propose change
Operation and user-friendliness

The Ledger Nano S is widely praised for its ease of use and compact, keychain-like design. Users highlight that setting up the wallet is straightforward and that using the two physical buttons to authorize transactions is easy to understand. However, some users complain that the device's display is small and that navigating the menus can therefore be tedious at times.

Functions and offer

The Ledger Nano S is praised for its support of a wide range of cryptocurrencies. Its integration with the Ledger Live software, which allows users to manage their crypto assets and make transactions, is also viewed positively. However, some users criticize that the device has limited storage capacity, which means it can only install a limited number of crypto apps at once.

Supported assets

The Ledger Nano S is widely praised for its broad support of various cryptocurrencies. The wallet can store over 1,000 different digital assets, including all major cryptocurrencies such as Bitcoin, Ethereum, XRP, Bitcoin Cash, and Litecoin, as well as a variety of altcoins and tokens. Users appreciate this versatility as it allows them to hold a diversified crypto portfolio in a single wallet. However, some users note that the device's limited storage capacity may mean that they cannot install all the crypto apps they want at once, which is somewhat of an inconvenience.

Security and trust

Users praise the Ledger Nano S for its robust security features, particularly the fact that it is a hardware wallet, which is generally considered more secure than software wallets. However, there have been reports of phishing attacks, which has led some users to question Ledger's security practices. It should be noted, however, that such attacks are often the result of user error and do not necessarily reflect the security of the device itself.

Beginner friendliness

Users' opinions on the Ledger Nano S's beginner-friendliness are mixed. Some users find the wallet easy to use and suitable for crypto newbies, while others feel it requires a learning curve, especially for those who have never used a hardware wallet before. However, the guides and resources provided are generally considered helpful.

Support

As with the Ledger Nano X, customer support experiences for the Ledger Nano S are mixed. Some users report helpful and timely responses to their queries, while others criticize longer wait times and inadequate resolutions. Some users also express frustration with the fact that support is primarily offered via email rather than live chat or phone. Overall, users would like more direct and personalized support, especially when resolving more complex issues.

Conclusion –
Ledger Nano S

In summary, the Ledger Nano S receives mostly positive reviews, especially regarding its security features and support for a wide range of cryptocurrencies. Users appreciate the compact design and ease of use, although some see the display size and navigation as areas for improvement. Opinions on beginner-friendliness and customer support are mixed, with some users wanting a learning curve and improved support. The limited storage capacity, which only allows for a certain number of crypto apps, is seen by some as a drawback. Overall, however, experiences are mostly positive, indicating general user satisfaction with the Ledger Nano S.

About

Heading

Ledger Nano S

Hardware
The Company
Ledger SAS
Headquarters
France
Company size
Small
Medium
Large
Regulation
-
Founder
Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France
Year of foundation
2014

Summary

By
Ethan Parker
Updated:
June 11, 2024

About the author

Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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Ledger Nano S
Hardware Wallet • For Beginners • International
Ledger Nano S
Hardware Wallet • For Beginners • International
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