Notes

Ledger Nano S Plus review 2023 • Is it worth it?

Crypto hardware wallets are best for storing your crypto assets by far. However, there are so many options available in the market, it can be challenging to come to a conclusion as to which crypto wallet to purchase.



If you're worried about being able to store your crypto-assets in a centralised system and are looking for a reliable hardware wallet one, this Ledger Nano S Plus review is for you. Find out ledger nano s plus iphone what it can offer and how it functions, the features, specifications, and more.



What is Ledger Nano S Plus?


In the field of secure physical wallets Ledger ranks among its top brands in world at the moment. Ledger also offers a wide range of safe, secure accessible, portable and user-friendly hardware wallets that can make the lives of crypto traders easier. ledger nano s plus genesis edition is one of these wallets.



It is a successor to Ledger Nano S, Ledger Nano S Plus offers better performance , making the Nano S obsolete. This device allows traders to manage an array of digital assets, provides more user-friendly features, and is more affordable point, unlike that of the Nano X.



Use of Ledger Cold Storage


Cold storage is a term used to describe a situation that goes with respect to security for cryptocurrency. What exactly do you mean by cold storage?



If you're unaware of this, cold storage or cold wallet is a digital storage which is not connected to the internet and remains offline. The private key, which allows access to storage, is also stored offline. This makes the storage and data within to be safe from cyber-attacks and other security issues.



This is the technology Ledger makes use of in all their hardware wallets , and is vital for crypto users who need the most secure level of security.



Nano S Plus Review: Technical Specifications


For those crypto enthusiasts who are tech-savvy on the market, here's information on the technical specifications and specifications of the Ledger Nano S Plus.




Connector - USB Type-C


Certification level - CC EAL5+


Chips - ST33K1M5 secure element chips


Size Measurements 62.39 dimensions x 17.40 824 millimeters 8.24mm (about 0.32 in)


Screen size - 128 x 64 pixels


Weight - 21g


Compatibility 64-bit windows 8+, Linux macOS 10.8or higher (excluding any processors that run on ARM), Android 7+



The Nano S Plus device supports over 5500 crypto assets and comes with enough storage for up to 100 applications. It is also compatible with more than 50 DApps and web 3 applications. But, unlike Ledger Nano X ledger device does not have Bluetooth and is not powered by a battery.



Ledger Nano S Plus Supported Cryptocurrencies


As we mentioned in the specification section in the specification section, the Ledger Nano Plus can support more than 5500 digital assets. Some of these items are only available through third-party programs such as MetaMask.



Its capacity to support over 100 applications, traders can carry around 100 assets across 100 networks. You can also go to Ledger Asset Support page to learn more about supported assets. Ledger Asset Support website to gain a more details about supported assets.



What's in the box?


On the inside of Ledger Nano Plus inside,




The Ledger Nano S Plus,



1 USBC-to-USB-A-to-USB-C cable,


1 getting started leaflet,


3 recovery sheets for you to write your 24-word recovery phrase,


Also 1 keychain strap



Price and Availability


Its Ledger Nano S Plus's retail price stated as $79. As compared to the Nano S, the Nano S Plus costs just $20 more . It comes with many features to traders.



If you are purchasing this Nano S Plus device, or any other type of hardware wallet for that matter, make sure that you purchase through the official website. Chances of getting a broken device that may cause you to lose your cryptos are a strong possibility when you make unofficial purchases.



Ledger Nano S Plus Security


Ledger is well known for its security measures that are strict as well as all ledger-based hardware wallets are equipped with top of the line security features. Also, with the track record of Ledger which is quite solid, users can rest in peace without worrying about their crypto-related finances.



So, here are some specific features that come with the Ledger Nano S Plus device.




Cold storage technology generates and secures key encryption keys that are stored offline.


Recovery phrase with 24 words


Pin code


Security chip made of military-grade


Certified Secure Element CC EAL5+


BOLOS OS usage



Independent certification from ANSSI



Affirmed white hat hackers have been trained to recognize weaknesses



How to set up Ledger Nano S Plus


If you've purchased an Ledger Nano S Plus and have questions regarding what to do next, don't panic. This is a basic step-by-step guide for you to begin with you Ledger device.



Set Up a New Device


To begin first, the user needs first connect their device with a PC. Then use the link https://www.ledger.com/start/ to download the live ledger software. After you have downloaded and installed the live ledger software, open it up. Then, on the Nano S Plus device, you can use the navigation key to select the option "Set up as new device". To confirm, you'll need to press both buttons simultaneously.



Choose pin code


In the following step, it is setting up a 4--8 digit long Pin code to your phone. Be sure to use a code that is not easy to guess, such as 1234.



Recovery Seed Phrase


Once the pin is complete, the device will display the phrase "recovery" for 24 words. The 24 words are important and writing them down , and then storing them safely immediately is highly recommended.



In addition, the box comes with three sheets of paper so that you can note down the code. Don't save a digital copy of the code because it's a vulnerability to security that hackers may exploit. However, should you lost the key, there is no way to recover your cryptos. Not the Ledger company can identify the 24 words you used to recover.



Mobile


For connecting the Ledger Nano Plus smartphone to an Android and connect it to a mobile device, you'll require the Ledger Live app and OTG kit. This is available only on Android devices running Android 7 or more. Since there's no battery inside Nano S Plus Nano S Plus device, you'll need to use one of the cables, the OTG kit, to connect devices to mobile. Through a simple QR scan that you can sync Ledger Live app with the PC version.



Adding an Account


To manage your cryptos, you'll need an account. When you have an account, you can store the public wallet address on your preferred device and access your cryptos with the need for Ledger Nano Plus. Therefore, in order to make an account with Ledger Live, you need to install the Ledger Live software,



Click on Accounts on the left side of the panel




Select add accounts


You can then select the crypto asset you'd like to include and click continue


Delete this device. Nano S Plus device to confirm



It will start the initial synchronization process. Once it's done, you can use it as a normal hardware wallet.



Purchase Crypto using Nano S Plus Nano S Plus


With Ledger Live, you can buy crypto using a debit card or credit card through the aid of third-party partners in payment Coinify, Wyre, and MoonPay. Traders can experience a high security, speedy and efficient purchasing process using the Ledger Live app.



However, in order to obtain buying authorizations, you'll have complete a KYC and then pay the fees of the third-party application.



NFTs and the Ledger Nano S Plus


The storage of NFTs is also possible in the Ledger Nano S Plus. To do this, you have to ensure that the latest firmware is on the device and to install the app to use NFT storage. NFT network. If you are using Ethereum It is imperative that you make sure Blind Signing is enabled in the ETH/MATIC application. Once ledger nano s plus wallet is set, you can manage ERC721 and ERC1155 regular NFTs.



Nano S Plus vs Nano X



Ledger Nano X is the principal hardware wallet for the Ledger family. However, what's most surprising is its price. Ledger Nano S Plus also features the same features for a cheaper price point. The only difference is the Nano X comes with a battery and Bluetooth to provide better connectivity for mobile devices.



This is why the ledger has priced the Nano X at $149 while the Nano S Plus is just $79. Both offer the same level of security, it is up to you to decide whether you'd like mobile connectivity that is so bad that you pay twice the amount.



Nano S vs Nano S Plus


They both Nano S Plus and Nano S are hardware wallets of the same family , and have just a few minor differences between their counterparts. However, because the Nano S Plus is priced above the Nano S Plus and has the same features as its predecessor, the Nano S, it offers some extra features. The major differences are,




Nano S Plus has a bigger screen size


Nano S Plus offers better NFT support


Compared to the 320 KB that comes with the Nano S, Nano S Plus provides 1.5 megabytes to users to store additional cryptocurrency assets and apps.


The Nano S uses the outdated Micro-USB connector, the Nano S Plus the newer USB-C connector.



Pros and cons of Nano S Plus



Making the decision of what hardware wallet to select isn't something one should make lightly. This is the place where all of your crypto's be, and being extra careful is ideal. The best method to understand if a device best suits your needs is by understanding its advantages and disadvantages.



Pros



High security


NFT support


Application support for DeFi


Capability to store more than 5500 digital assets


Fair price



Cons



Has the appearance of a less durable plastic


A better button placement may be more effective.


The absence of battery and Bluetooth makes it difficult to connect to the mobile device.



Conclusion


Once you've done enough research and exchange enough of cryptography, there'll be a time that you begin looking for more secure alternatives to wallets online to protect your assets. This is where the hardware wallet is a good choice. And the product we spoke about today, the Ledger Nano S Plus, is as good as an actual wallet on the market.



It is fairly priced it offers plenty of storage it also comes with dApp and NTF support to meet the needs of the majority of the cryptocurrency community. Yes, ledger nano s vs s plus can buy better hardware like the Nano X for higher prices. However, if you're an individual looking to get the most value for the money, it's impossible to offer more value than Ledger Nano S Plus.



FAQs


Is Ledger Nano S Plus safe?



In fact, Ledger Nano S Plus can provide a very high degree of security . In ledger nano x vs nano s plus , it comes with CC EAL5+ and ANSSI accreditation.



How much is the Ledger Nano S Plus, and where can I purchase it?



It comes with a price that is $79. If you purchase, be sure that you purchase only via the official website as other sites may sell fake or damaged devices.



What's better, Ledger Nano S Plus or Ledger NanoX?



Ledger Nano X is the main wallet offered by Ledger. This means that it provides additional features. But from a cost point of view ledger Nano Plus has a better value. Ledger Nano S Plus offers more bang for your budget.







Read More: https://ledgernanosplus.wixsite.com/ledger-nano-s-plus-r