Ledger Nano S Review 2021

Jessica is an expert on business essentials, kinh doanh essentials, tech, & business. She combines her 24+ years in public-facing roles with meticulous retìm kiếm processes to deliver insights into giải pháp công nghệ, operations, and marketing. She has appeared on sites such as Tailwind, Fast Capital 360, và Woobox. Jessica Elliott attended Illinois State University.

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Our Take

The Ledger Nano S is the most secure way to store your cryptocurrency, thanks lớn the company’s robust security protocols. Beginner or occasional investors will have sầu peace of mind knowing their assets are secure offline, yet they can easily access their cryplớn or view their accounts when using the physical device.


An affordable cold wallet

The private keys never leave the device

Supports more than 1,100 coins and tokens


Limited storage space for crypkhổng lồ apps

Display is small & isn’t a touchscreen

Not as mobile-friendly as other wallets

The Ledger Nano S is manufactured by Ledger, a leader in cryptocurrency security.A proprietary operating system and secure element chip keep crypto safe.The cài đặt và installation process is quiông xã và easy.It looks like a USB stick, making it inconspicuous.

Eight experts in cryptocurrencies, security, và entrepreneurship launched Ledger in 2014 with headquarters in Paris, France. Since then, it’s grown khổng lồ over 360 employees with offices in Thành Phố New York, London, and Singapore, along with a production facility in Vierzon, France.

It produced the first Ledger Nano S, a hardware cryptocurrency wallet, in 2016. According to lớn the company, it “has sold more than three million hardware wallets in 190 countries khổng lồ date” and “secures an estimated 15% of all cryptocurrency assets globally.”

In 2020, Ledger launched Ledger Live sầu, which works with the Ledger Nano S, and allows investors to trade, swap, và lend cryptocurrencies. Recently the company announced a $380 million Series C round of fundraising, bringing its valuation to over $1.5 billion.

The Ledger brand is the leader for cryptocurrency security & services và aims khổng lồ become a “secure gateway khổng lồ the digital asmix world.”

Type of WalletColdCurrenciesOver 1,100Purchase Cost$59Incorporated ExchangeYDevice Size56.95 milimet x 17.4 mm x 9.1 mm, 16.2 gramsMobile AppAndroid


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The Ledger Nano S hardware cryptocurrency wallet provides high-cấp độ security via a secure chip & a proprietary operating system. It gives investors control over their private keys và is backed by the largest name in the industry.

Investors can store more than 1,100 cryptocurrencies và tokens on the Ledger Nano S, with 23 cryptocurrencies supported directly by Ledger & the rest supported by installed third-các buổi party applications.

Pros Explained

An affordable cold wallet: At $59, the Ledger Nano S is less expensive than several other hardware wallets, making it a good low-cost, highly secure option.

Cons Explained

Limited storage space for crypkhổng lồ apps: Most cryptocurrencies require a crypto lớn application, và the Nano S only holds up khổng lồ six apps, depending on the kích thước.The display is small & isn’t a touchscreen: The device screen is less than an inch tall, as the whole device is only 17.4 mm tall (0.685 inches). It features two physical buttons instead of a touchscreen.Not as mobile-friendly as other wallets: The Ledger Nano S isn’t equipped with Công nghệ Bluetooth, so it requires a USB cable lớn connect to lớn a computer or Android device.

Supported Cryptocurrencies

The Ledger Nano S supports about 107 cryptocurrencies and more than 1,000 tokens. Although users can’t store fiat currencies on the Ledger Nano S, stablecoins are supported. Investors use the hardware lớn store popular cryptocurrencies, such as:

Polkadot (DOT)Flow (FLOW)Tether USD (TRC20) (USDT)IOTA (MIOTA)Cosmos (ATOM)Dogecoin (DOGE)Algorand (ALGO)Chainlinks (LINK)Ripple (XRP)Litecoin (LTC)Binance Coin (BNB)Stellar (XLM)Cardano (ADA)Monero (XMR)Tron (TRX)Dash (DASH)Neo (NEO)USD Coin (USDC)Compound (COMP)Dai Stablecoin (DAI)Aave (ERC20) (LEND)


The Ledger Nano S hardware wallet is $59 on the Ledger website. The company occasionally offers không lấy phí shipping to the U.S. & many international locations. Otherwise, shipping costs may be more than $19. Ledger also partners with several resellers, và you may find the device cheaper elsewhere.

For instance, the Ledger Nano S on Amazon is $59 with không tính phí delivery, whereas it’s $46.99 at Walmart (as of June 2021). Shipping times vary depending on where you purchase the device, but typically, you’ll receive it in less than two weeks.

Inside the box is the Ledger Nano S device along with a micro USB-B cable. Packages may also come with sheets khổng lồ write down your 24-word recovery phrase & a neông xã strap. Ledger also offers a paông chồng of three devices for savings of up to lớn 21%.

Only purchase devices through verified resellers or Ledger directly. Never purchase a used hardware wallet.

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Security is the top reason people buy a Ledger wallet. The company exceeds industry standards for security, and the hardware wallets have sầu never been hacked. Ledger installs tamper-resistant Common Criteria (CC) EAL5+ certified Secure Element (SE) chips on Nano devices, and your private keys stay on the secure chip.

Moreover, Ledger is the only hardware wallet manufacturer using Secure Element chips and a proprietary operating system (OS) called Blockchain xuất hiện Ledger Operating System (BOLOS).

Ledger devices undergo an independent audit from the French National Agency for the Security of Information Systems (ANSSI). At the user level, there are additional security measures as well. For instance, lớn purchase altcoin, users must physically push both buttons on the device simultaneously, making it uncrackable by a cyber-criminal. The hardware wallet requires a minimum four-digit pin code and users get a 24-word recovery phrase to store in a safe, offline place.

In 20đôi mươi, the company’s customer data was accessed via the Shopify database. The breach didn’t expose crypto lớn wallets lớn danger but made users’ names, addresses, và phone numbers public. Ledger has removed more than 170 phishing websites and communicates regularly with customers regarding personal security.

The main difference in security between Ledger & competitors, such as Trezor, is that Ledger’s firmware isn’t open-source, meaning users can’t independently audit the firmware’s security.

Setup và Use

The Ledger Nano S is fairly simple to set up and use. Users must tải về Ledger Live sầu lớn their computer or Mobile device & choose the option to lớn mix up a new device. From there, the application walks users through the process, including a guided security checkdanh mục.

Once set up, investors use the Ledger Live phầm mềm to perform most actions & confirm transactions by physically pressing both buttons on the Ledger hardware wallet. Although the screen is small, it works well for the limited interaction required. However, if you need to enter your 24-word recovery phrase, it can be tedious to scroll through the alphabet lớn find each letter.

For occasional investors with a few coins, Nano S is easy to lớn use & beginner-friendly. But, many cryptocurrencies require software, and the Nano S only holds a few programs at once, meaning you’ll have sầu to delete an phầm mềm khổng lồ install another one. Although your cryplớn is secure & remains on your device, the laông chồng of storage creates some usability issues.

User Satisfaction

Ledger overwhelmingly receives high ratings for user satisfaction. Typically, complaints stem from the lack of Bluetooth không dây or security protocols. In short, slightly less convenience is the price paid for top-notch security. Others also expressed concerns about the amount of storage on the device. But, the size và limitations are noted on the Ledger trang web, & users wanting more storage may prefer the Bluetooth-enabled Nano X.

If there’s a problem with a Ledger device after purchase, users must complete an online return form within 14 days of receiving the hardware wallet. The company offers an online tương tác size for claims, a robust help center, phone number, & email address.

The Competition

Ledger Nano S vs. X

The Ledger Nano S và X provide the same security levels và support the same cryptocurrencies. The main difference is that the Nano X has Công nghệ Bluetooth, meaning you can connect it lớn the mạng internet and access your cryptocurrency from anywhere with an internet connection. Additionally, the Nano X provides much more storage, with room for up to lớn 100 crypto apps compared to lớn đôi mươi or fewer on the Nano S.

Ledger Nano SLedger Nano X
Type of WalletColdCold
CurrenciesOver 1,100Over 1,100
Purchase Cost$59$119
Incorporated ExchangeYesYes
Device Size56.95 mm x 17.4 milimet x 9.1 mm; 16.2 grams72 milimet x 18.6 mm x 11.75 mm; 34 grams
sản phẩm điện thoại AppAndroidAndroid và iOS
Ledger Nano S vs. Trezor One

The Ledger Nano S và Trezor One are both well-known hardware wallets with svào security levels. While the Nano S resembles a flash drive made with stainless steel & plastic components, the Trezor One has a quality shape and is made from plastic. At first glance, Trezor One appears to lớn support more coins. However, it doesn’t work with popular altcoins such as Cardano (ADA), Ripple (XRP), or Monero (XMR). Moreover, Trezor is open-source, which is a plus because anyone can inspect it & discover vulnerabilities, but Kraken could also break the hardware wallet when alone with the physical device for 15 minutes.

Ledger Nano STrezor One
Type of WalletColdCold
CurrenciesOver 1,1001,649
Purchase Cost$59$60
Incorporated ExchangeYesYes
Device Size56.95 mm x 17.4 mm x 9.1 mm; 16.2 grams60milimet x 30mm x 6mm; 12 g
sản phẩm điện thoại AppAndroidN/A

The Ledger Nano S is a secure hardware wallet resembling a USB flash drive sầu, and it’s aao ước the best Bitcoin wallets. Although it supports tons of cryptocurrencies, many assets require users to lớn tải về a third-buổi tiệc ngọt ứng dụng, và the wallet has limited storage for apps. The Ledger Nano S is perfect for beginners or occasional crypkhổng lồ investors who want to lớn store their assets offline safely. However, active traders wanting mobile access khổng lồ their cryptocurrency may prefer a Bluetooth-enabled device.