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Hardware wallet review

Ledger Nano S Plus

Reviewed for custody, security, supported assets, cost, audit history, backup model, and open-source status.

4.0 C IC wallet score
CustodyNon-custodial
TypeHardware
Supported assets5,500
Price$79
Open sourceNo
Last verified2026-04-15

Security And Backup

24-word seed phrase (BIP39)

Pros

  • Same Secure Element as Nano X at half the price
  • USB-C only (no Bluetooth attack surface)
  • Larger screen than the original Nano S

Cons

  • Closed-source firmware
  • No Bluetooth (USB only)
  • No battery — must be plugged in

Score Breakdown

Security 4.7 Key isolation, audits, recovery
UX 4.0 Setup, daily use, recovery flow
Asset coverage 4.7 Chains and tokens supported
Cost 4.2 Device price + on-chain fees added
Open source 2.0 Source available + audited

Audits