Ledger Nano S

Ledger Nano S

$59.00

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9/10 (Expert Score)
Product is rated as #3 in category Hardware Wallets

One of the first and only independently certified hardware wallets available on the market. This model supports over 1000+ cryptocurrencies and 25+ wallet types, whilst remaining compatible with all major operating systems. It's small and highly portable whilst offering top-tier security, utilising the same security chip used in passports. Another convenient feature is Ledger Live, allowing users to buy, sell and exchange via the Ledger app. We feel that the Nano S is well worth the already competitive price, especially when considering the importance of securing assets.

Set up of these hardware wallets is straightforward. After connecting to your device, set a PIN code and create your recovery seed. After which, the wallet will run the user through a security checklist. Whilst security is a clear focal point, Ledger suffered from a database security breach in 2020; carried out predominantly by threat actors within their Shopify partnership. This is the only time this company have endured a security breach, with new accounts remaining secure and unlikely to suffer the same fate.

Design
9
Support & Reputation
8.5
Usability
8.5
Coin Support
9
PROS:
  • Industry leading security
  • Compact and highly portable
  • Supports over 25 wallet types
  • Supports use for both mobile and PC
  • One of the most secure hardware wallets available
  • Supports approx. 1100+ cryptocurrencies and tokens
  • Users have complete ownership and control over their private keys
  • 24-word Recovery Phrase offers an easy and secure backup process
  • App supported on all major operating systems (macOS, Windows, Linux, Android)
CONS:
  • Ongoing phishing attacks from their eccommerce database security breach
  • Screen navigation a little difficult with just 2 buttons
  • Not completely open-source
  • Support could be improved

Specification: Ledger Nano S

Design Specification
Battery life 8 hours
Screen size 128x64
Size 18mm x 9mm x 98mm
Touchscreen No
USB connector micro-USB to USB-A, micro-USB to USB-C, USB-C
Weight 16.2 g
Software
Connectivity Bluetooth, USB, WiFi
Desktop Software Yes
Functions Receive, Send, Store, Trade
Open source Yes
Supported Operating System Android, iOS, Linux, Mac OS, Windows
Features
Compatibility with external wallets 25+
No. Supported Currencies 1000+ cryptocurrencies and tokens
Security
2FA Two-factor Authentification Yes
Anonymity Yes
Backup type 24-word Recovery Phrase
Multi signature Yes
Pin code Yes
Own your own private keys Yes
Previously suffered security breach Shopify/Eccommerce datatabase breach. Wallets remain secure.
Pricing and Payment
Bank transfer Yes
Cryptocurrency Yes
Debit or credit card Yes
Paypal Yes
Company info
Established 2014
Full company name Ledger
Registered in Paris

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