Ledger Nano S review

Our review

Wallet type

Hardware

$79

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530 visitors have chosen Ledger Nano S

Our Ledger Nano S review

What we think

The Ledger Nano S was the first successful hardware wallet on the market and remains a market leader today. It’s a classic among wallets, offering high security and excellent value for money. The Nano S is ideal for beginners with a limited budget. Recently, Ledger introduced an upgrade: the Ledger Nano S Plus. Priced at €79, it’s only slightly more expensive than the regular Nano S but offers a significant upgrade in features and build quality. For those willing to spend a bit more, the premium Ledger Nano X is the better choice. With the Nano X, you get a noticeably higher-quality device, more storage space for apps, and easier handling thanks to Bluetooth connectivity with your smartphone.

by Philipp Duringer

Founder of coinbird.com

Review score

Pros and cons

What we like:

Market leader
Physical buttons
Easy to use
Buy & sell crypto

What we don't like:

No iOS app
Not open source

User reviews of Ledger Nano S

4.1/5

Overall rating

App Store

around 2,700 ratings

4.7/5

Google Play Store

around 35,600 ratings

4.3/5

Trustpilot

around 2,700 ratings

3.3/5

What users say about Ledger Nano S

AI summary

Discontinued Support Threatens Long-Term Use

Users report that Ledger is discontinuing support for the Nano S, making future blockchain updates and compatibility uncertain, a disadvantage compared to current models or competitors.

Sudden Device Failures After Brief Use

Some users describe the device suddenly dying after setup, with no light or connection, and the return process without an advance replacement is frustrating.

Simple and Quick Initial Setup

Many users praise the straightforward setup procedure with seed phrase generation, which is accessible to beginners and stands out from more complex alternatives.

Strong Hardware Security via Secure Element

Users appreciate the certified chip that protects private keys offline, offering a unique selling point compared to software wallets or less secure hardware alternatives.

Compact Form Factor for On-the-Go Use

The USB-stick-like size is highlighted by users as practical, especially in direct comparison to larger or Bluetooth-based competitor products.

Good Integration with Ledger Live App

Users find the connection to the app for managing multiple assets user-friendly and reliable, which is advantageous over pure hardware solutions without their own software.

The summaries were created with the help of AI based on publicly available user experiences and may contain errors. Updated on 2026-09-01T10:57:56.738+00:00.

Who is Ledger Nano S best for?

Ledger Nano S is a good fit if you...

want top-tier security from a proven market-leading hardware wallet at an affordable price
need broad support for thousands of coins and tokens across many integrations
prefer managing your crypto through a well-established desktop app with the option to buy, sell, and stake
are a beginner looking for a straightforward device with physical buttons for confirming transactions

Go to Ledger

Ledger Nano S is probably not for you if you...

rely on an iPhone or iPad, since there is no iOS app support
value fully open-source wallet software you can independently audit
want to install many coin apps at once without running into storage limitations

Best crypto wallets

The recommendations were created with the help of AI based on our provider data and may contain errors. Updated on 2026-09-01T11:00:10.522+00:00.

Ledger Nano S preview

Ledger Nano S features

What is Ledger Nano S?

The Ledger Nano S is the most popular hardware wallet on the market. It is the smaller sibling of the Nano X and is significantly more affordable but lacks additional convenience features like Bluetooth and has lower storage capacity. Nevertheless, the Ledger Nano S offers unbeatable value for money.

Price (hardware)

$79

Supported assets

5,500+

Private key owner

You (Non-Custodial)

Features
Platforms	No Yes Desktop AppYes
Buy & sell Buy & sell Some wallets offer an integrated trading feature within the wallet, allowing users to buy and sell cryptocurrencies directly. Typically, this functionality is enabled through a connection to a crypto exchange’s web interface. The integrated trading feature in wallets offers significant advantages: cryptocurrencies can be purchased in the same place where they are stored. This eliminates the need to manually transfer cryptocurrencies from an exchange to your own wallet, saving both time and costs.	Yes
Staking	Yes
Two-factor authentication	Yes
Multi-signature	Yes
Open source	No

Backup

Recovery seed (24 words), Ledger Recover (optional)

Special features

Ledger Live app
Many apps and integrations

Ledger Nano S hardware

Hardware
Price	$79
Secure elements Secure elements The so-called “Secure Element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip provides the hardware wallet with significantly increased protection against local, physical attacks. Depending on the chip, different levels of security are offered. Some chips can be compromised with less effort, while others require specialized equipment and are extremely difficult to breach.	CC EAL5+
FIDO2 / U2F support	Yes
Certification	ANSSI
Build quality	Medium

Hardware details
Handling	Physical buttons
Screen	128 x 32 pixel
Connectivity	USB-C
Dimensions	56.95 mm × 17.4 mm × 9.1 mm
Weight	16 g

The company behind Ledger Nano S

Ledger SAS

Hardware · France · Since 2014

500+ employees

Founder

Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France

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