Ledger Nano S
Overall Rating
★ 4.5/5
Ledger Key Features
| Founded | 2014 |
| Rating | 4.5 |
| Website | https://www.ledger.com/ |
| Seller | – |
| HQ Location | Paris |
| COMPARISONS | Trezor, Digital Bitbox, Tangem Bit card, Casa, KeepKey, LedgerHQ, Airbitz, Shine Wallet, LALA World |
Pros
- Native staking and NFT management.
- Mobile app with Bluetooth connection.
- Robust crypto education library.
Cons
- Software isn’t fully open source.
Ledger Nano S Details/Product Description
Particularly for beginners, the Ledger Nano S is a worthy cold storage appliance. Even if the Ledger Nano X has better buttons, a display, and networking options, they are still creature pleasures.
A long-term holder who will probably leave the gadget unused for extended periods of time won’t find the Nano S’s significantly reduced feature set to be a detriment to their experience.
Once the Ledger Nano S has been purchased and subsequently delivered by mail, the hardware wallet can be put into operation. Unpacking the small box, one will find several components. First, the Nano S was wrapped in foam, then a small white envelope and a USB cable and keychain for the hardware wallet.
Today, we want to discuss what Nano S is, its pros and cons, how to set up the wallet and even more. So let’s get started with our Ledger Nano S review!
What Is Ledger Nano S
The Ledger Wallet is a hardware wallet that allows you to store your private keys offline. The security of Bitcoins and other cryptocurrencies held is an important aspect for wallet owners. Ledger presents two wallet solutions that differ from each other in terms of storage capacity and certainly in appearance.
The Ledger Nano S Plus is very handy and comparable in size to a USB stick. The Ledger Blue is a bit bigger, but it stands out with a larger storage capacity. When deciding on one of the wallets, it primarily depends on the user’s requirements.
The Ledger company is based in Paris and thus within the EU. The foundation took place in 2014. Meanwhile, the company also has branches in San Francisco and Vierzon. The products can be purchased via the website. As revealed in our Ledger Wallet experiences, delivery takes only a few business days.
Pros of Nano S
- The wallet can be used offline
- Many cryptocurrencies are supported
- Ledger Blue has a touchscreen
- Applications can be easily installed on Ledger Blue
- Relatively easy to set up Nano S
- Backups for more security with Ledger Nano S Plus
Cons of Nano S
- Little storage space for the apps, which is disadvantageous for storing many cryptocurrencies
First of all, you should think about the requirements that you have for the hardware wallet. At Ledger, you will find two wallet solutions to choose from, which differ from each other in a few ways. If you want to store larger amounts of coins in a wallet, you should focus on security. Before the Ledger Wallet can be used, it has to be configured. The prerequisite for use is Google Chrome. For each cryptocurrency that is to be stored in the Ledger Wallet, there is a corresponding app that has to be installed. As shown in the Ledger Nano S Plus many reviews, the wallet supports over 25 cryptocurrencies. However, 25 apps cannot be installed at the same time. The storage volume is not designed for that. However, it is possible to simply uninstall installed apps. If you want to use the Ledger Wallet for many different cryptocurrencies, this might be a disadvantage.
How to Set up Ledger Nano S Plus
Now, we will discuss the most important thing about the Nano S Plus – how to set up the wallet. We’ve created the most essential steps, so let’s get started!
Step 1: Ledger Nano S Connected to the Computer
First of all, the Nano S must be connected to the computer via the included USB cable. Then follow the on-screen instructions to get to the desired result. If a new Ledger wallet is created, this item must be selected and confirmed by pressing both buttons simultaneously.
Step 2: Choose a Pin Code
Next, you need to select a PIN code of at least four digits. You can change the numbers with the upper left or right button and confirm by pressing both buttons. Choose a PIN that you can remember! Three wrong consecutive PIN entries will reset your Ledger Nano S Plus.
Step 3: Write Down the Recovery Phrase
For this step, you need the included recovery sheet or you can use a blank sheet of paper. The Nano S display will now show you 24 words that you need to carefully write down in the “Recovery Sheet”. This step is very important because this sequence of words is your backup. With it, you can restore your digital currencies. If you write it down incorrectly, you will not be able to recover your coins. After you have written down the word sequence, the Ledger Nano S will ask you for individual words again. Always select the appropriate word at the respective place to get to the next step. Keep the “Recovery Sheet” in a safe place. Whoever has this sequence of words can access the digital currencies on the Nano S.
Step 4: Install Ledger Applications
Once the Ledger Nano S Plus displays the message “Your device is now ready”, your wallet is configured. Now all that’s left to do is install the Ledger apps. The applications can be found at ledgerwallet.com/apps or ledgerwallet.com/start.
Step 5: The Ledger Nano S Can Now Be Used
Once the currently offered Bitcoin or Ethereum wallets have been installed and set up, the Nano S can be used to receive and send digital currencies.
It does not matter which computer is used, even one with malware cannot steal digital currencies from the Ledger Wallet. Every transaction is shown on the Ledger display and verified with a click of a button.
How to Use Ledger Nano S
Once you receive the package with the Ledger Wallet, you can start using the hardware right away. As the Ledger Wallet official review showed, the scope of delivery also includes a manual, which proves to be very helpful for the start-up. The hardware can be connected to the computer via a USB cable. To start the Ledger Wallet, it can also be connected to the power outlet. Support for smartphones with Android operating systems is possible via the OTG kit, which can also be purchased from Ledger.
Via the instructions, users can learn about the functions of the buttons that the hardware features. On the Nano S, an instruction can be confirmed with OK when both buttons are pressed simultaneously. To start the configuration of the Nano S, both buttons have to be pressed. As described before, the PIN code and security key still have to be assigned. Overall, the start-up of the hardware wallet can be implemented straightforwardly.
The scope of delivery not only includes the ordered hardware wallet but also a manual. The configuration and subsequent installation of the apps can be implemented without much effort. The hardware wallet offers a high level of security, although a 100% guarantee of security cannot be given for this type of wallet either.
Supported Cryptocurrencies
The Ledger Nano S is a hardware wallet that allows you to store and manage your cryptocurrencies securely. It supports over 1500 different coins and tokens, including Bitcoin, Ethereum, Litecoin, Ripple, Stellar, Cardano, Dogecoin, and many more. You can find the full list of supported cryptocurrencies on the Ledger website or in the Ledger Live app. To add a new cryptocurrency to your Nano S, you need to install the corresponding app on your device using the Ledger Live app on your computer or smartphone. You can then create or import an account for that cryptocurrency and start sending and receiving transactions. The Ledger Nano S also supports some third-party wallets and applications that let you access more features and services with your cryptocurrencies. For example, you can use the Nano S with Metamask to interact with decentralised applications on the Ethereum network, or with Electrum to manage your Bitcoin transactions. The Nano S is compatible with Windows, Mac, Linux, Android, and iOS devices.
Ledger Nano S vs X
When reviewing Nano S it is necessary to know about the difference from the previous model. So let’s take a view at the Ledger Nano X vs. S table below:
Cryptocurrencies
NFTs
Storage space
Compatible wallets
Security certified
PIN code
Backup 24-word recovery phrase
Bluetooth
Connection type
Screen
Battery
Weight
Price
Ledger Nano S
>5,500
Yes
1.5 MB
>50
CC EAL5+
Yes
Yes
No
USB-C
128 x 64 pixels
No
21g
£79,00
Ledger Nano X
>5,500
Yes
2 MB
>50
CC EAL5+
Yes
Yes
Yes
USB-C
128 x 64 pixels
Yes
34g
£149,00
Conclusion
The results of the Ledger Nano S Wallet review can be summarised as excellent. The start-up of both wallet solutions is uncomplicated. The wallet supports many cryptocurrencies. Only the available storage space can lead to the fact that apps have to be uninstalled to install others. The Ledger Wallet Blue has a larger storage space.
The products can be ordered via Ledger’s web store. Payments can be made via PayPal, credit card or Bitcoins. In case of a defect, there is the possibility of a free exchange, which is positive. We hope our Ledger Nano S Plus review of Ledger will help on your trading path.
F.A.Q.
To set up your Nano S, you need to follow these steps:
1. Connect your device to your computer using the USB cable provided.
2. Press both buttons on the device to turn it on and choose a PIN code of 4 to 8 digits.
3. Write down the 24-word recovery phrase that appears on the screen and keep it in a safe place. This phrase will allow you to restore your device in case of loss or damage.
4. Install the Ledger Live app on your computer, follow the instructions to pair your device and create a password.
5. Choose the crypto assets you want to manage on your device and install the corresponding apps using Ledger Live.
6. You can now send and receive transactions using Ledger Live or compatible third-party wallets.
Congratulations, you have successfully set up your Nano S!
A Nano S is a hardware wallet that allows you to store and manage your cryptocurrencies securely. To use it, you need to follow these steps:
1. Connect your Nano s to your computer using the provided USB cable.
2. Press both buttons on the device to turn it on and choose a PIN code to unlock it.
3. Write down the 24-word recovery phrase that is displayed on the screen and keep it in a safe place. This phrase will help you restore your wallet if you lose or damage your device.
4. Install the Ledger Live app on your computer and follow the instructions to set up your device and create accounts for different cryptocurrencies.
5. Use the Ledger Live app to send and receive transactions, manage your portfolio, and update your device firmware.
6. Always verify the address and amount on your device screen before confirming a transaction. Never share your PIN code or recovery phrase with anyone.
Using a Nano S is a simple and secure way to manage your crypto assets. For more information, visit the official website or the support page.
Nano S Plus is a hardware wallet that allows you to securely store and manage your cryptocurrencies. To use it, you need to follow these steps:
1. Connect your Nano S Plus to your computer or phone using the USB cable or Bluetooth.
2. Install the Ledger Live app on your device and create or restore your account.
3. Choose the cryptocurrencies you want to add to your Nano S Plus and install the corresponding apps on the device.
4. Use the Ledger Live app to send and receive transactions, manage your accounts, and update your device firmware.
5. Always verify the information on your Nano S Plus screen before confirming any operation.
Nano S Plus is compatible with over 1800 cryptocurrencies and supports multiple accounts for each one. It also has a built-in secure chip that protects your private keys from hackers and malware.
Nano S is a hardware wallet that allows you to securely store and manage your cryptocurrencies. It works by connecting to your computer or smartphone via a USB cable or Bluetooth and using a secure chip to protect your private keys and transactions.
With Nano S, you can access various apps that support different crypto assets, such as Bitcoin, Ethereum, Litecoin, and more. You can also use Ledger Live, a companion app that lets you manage your portfolio, send and receive crypto, and update your device firmware.
Nano S is designed to provide you with the highest level of security and convenience. You can set up a PIN code and a recovery phrase to backup and restore your device in case of loss or theft. You can also verify each transaction on the device’s screen before confirming it with the physical buttons.
One of the most common questions we receive from our customers is where to buy Nano S in the UK. Nano S is a hardware wallet that allows you to securely store and manage your cryptocurrencies. It supports over 1500 coins and tokens, including Bitcoin, Ethereum, XRP, and many more.
There are several options to buy Nano S in the UK, depending on your preferences and budget. Here are some of them:
– You can order directly from the official Ledger website. This is the safest and most reliable way to get your device, as you will receive it directly from the manufacturer.
– You can buy from Amazon UK. This is a convenient option if you have an Amazon Prime account and want to benefit from free and fast delivery.
– You can buy from a local reseller. Some authorised resellers in the UK sell Nano S devices in physical stores or online platforms.