When it comes to the body of the the Nano S Plus, it shares a similarly sleek build to the Nano X, but with a matte finish instead of Nano Xs glossy finish. We publish new content on everything that helps keep you private. When I wrote the Ledger Nano X vs. Nano S face-off, a comparative analysis between the $149 Nano X and the $79 Nano S (now $59), I whined about their exorbitant price tags. Unlike hardware wallets, Metamask digitally stores your seed phrase online. If they match, you can click Accept on the hardware wallet and carry on. If you are just holding, say, Bitcoin and Ethereum, then that wont matter to you, but its worth considering if you plan on acquiring more coins. Each Nano S Plus device generates a unique set of 24 words this is your recovery phrase.
Theyd implore you to store your recovery phrase on metal plates, reducing its potential for damage in the event of a fire, flood, earthquake or other unexpected disasters. One applaudable Nano S Plus security feature is that it compels you to double-check your receive addresses (alphanumeric strings that tell folks where to send your crypto). All NFT metadata is pulled from the creator. Next, I transferred the NFT from my old account to my Nano S Plus-based account, paid gas (I had to shell out $30 worth of ETH, ugh! While Ledger maintains that the Nano X's Bluetooth connection is only used to transport public data, and that wallet private keys and the seed remain in the device's secure element, for some users Bluetooth connectivity represents a potential vulnerability too far. Unless you desperately want the convenience of Bluetooth connectivity, or the ability to use your Ledger with iOS devices, the Nano S Plus is the only device you'll need. This entails navigating to the "accounts" section of Ledger Live and clicking on the relevant account, or using the "send" and "receive" buttons in the sidebar. You can use the Nano S Plus on any PC, Mac or Linux desktop, but you can also set up and manage your hardware wallet with your phone, but there are three things to keep in mind: I easily synced the Ledger Live mobile app with the desktop version. The Nano S Plus is compatible with Android not iOS. The Nano S Plus sports the same security credentials as its Ledger stablemates; that is to say, a physically isolated secure element that's CC EAL 5+ certified. KeepKey competes with a handful of other similar multi-currency hardware wallets, with native support for 8 cryptocurrencies and over 20 ERC-20 tokens. From there, you will be taken to a screen that shows off all your NFTs in one convenient dashboard. Now heres where things get bizarre. You need an appropriate cable (sold separately) to connect the Nano S Plus to your phone. You can leave your Bored Ape Yacht Club or CryptoPunk NFTs unprotected if you want to, but don't say I didn't warn you! From there, you can check that your device is running the latest firmware, update it if it isn't, and add or update apps. The Nano S Plus offers almost the same storage capacity as the Nano X for $70 less. No, it doesnt come with Bluetooth nor a battery for untethered connectivity, but who cares? Still, I wish it was less of an afterthought. Youll never get it back! Yes, you! The base level Nano S will be retired later this year, leaving the S Plus as the entry-level option for the range. Colin is a founder of Privacypros.io and Billfodl. . Dont lose your precious NFTs to an online hack! As mentioned, theres still room for improvement. Securing my NFT with the Nano S Plus was smooth as Sunday morning. The Nano S Plus gives you the best bang for your buck. Kimberly Gedeon, holding a Master's degree in International Journalism, launched her career as a journalist for MadameNoire's business beat in 2013. Kimberly Gedeon Follow him on twitter. So what's newand can it compete in 2022? Once your device is set up, you can connect to Ledger Live, where you'll be prompted to verify that it's a genuine Ledger device. Is it worth the increased cost over the Nano S? We dont yet know when the Ledger Nano S Plus is coming out, but we know pre-orders open at the beginning of 2022, and so we expect the Nano S Plus to ship sometime in Q1 of 2022. The Nano S Plus, at $79, won't give you the same sticker shock as the $150 Nano X (opens in new tab)(Ledgers 2019 entrant to its hardware wallet portfolio), but admittedly, its still steep for a simplistic USB stick-esque device. Wondering if you should pick up the Ledger Nano S Plus when it comes out? But is it really worth the extra money over the Nano S? To conclude, the Nano S is best for crypto investors who only want to store a handful of digital assets. On the plus side, you can search for this information on the Ledger website. Installing an app prompts you to add an account, which appears in the "portfolio" section of Ledger Live. The hardware wallet resembles a chunky USB flash drive, with an aluminum shield that rotates to reveal the main body of the device. Once you find table, you must confirm it. For example, this is why you must pay a gas fee to transfer your Shiba Inu from Metamask to the Nano S Plus. It features a better screen and a killer feel in the hand. One of the more exciting announcements out of the Nano S Plus reveal was the ability to seamlessly store NFT assets on the Nano S Plus and other Ledger devices. Crack the packaging open and you're greeted with a quick start guide (which basically tells you to download the company's Ledger Live app), an envelope containing cards to record your recovery phrase, a USB-C cable, a loop for attaching your Ledger to a keyring, and the ubiquitous brand stickers found in every tech product box. To celebrate, were taking you on a journey inside our latest device, so you can learn why it's so special. You are more likely to sabotage your own digital assets not a hacker. The Ledger Nano S Plus comes with 1.5MB of storage, supports up to 100 crypto apps, and a CC EAL5+-certified chip. Theres no easy way to say this, but if you lose your recovery phrase, youre screwed. Ledger hardware wallets use state-of-the-art Secure Element chips, high-end security solutions that protect sensitive data (e.g., passwords, SIM cards and credit cards). One point of difference between the build of the Nano S and S+ is the the small lip on the edge of the S+ and the rounded edge of the chassis. And Ledger is adding many more integrations with Ledger Live and the Nano S Plus in the coming year, such as FTX and Rarity, so be on the lookout for your favorites. Finally, Ledger Live ran a check to ensure my device is genuine. Ledger devices use a proprietary operating system, BOLOS, that requires users to verify transactions on the hardware wallet itself, while displaying the transaction details on-device. What I dont like about the case is that it has a hole that tacitly encourages users to attach the Nano S Plus to keychains and other objects. Consider this scenario: Lets say youre at work and decide to check on how well the market is doing. In case you missed the news - the Nano S Plus is now available! Yes, its extremely tedious, but its worth it. The Nano S Plus has similar limitations: it doesnt have a battery, it lacks Bluetooth support and its not compatible with iPhones. While Ledger Live provides a handy walkthrough for beginners, the bulk of the setup steps are performed on the device itself. Finally, they both feature a matte finish, as opposed to the Nano Xs glossy finish. Head to Ledger.com/start (opens in new tab) to download the companion app. On the Nano X, big round buttons sit on either side of the screen. However, selling crypto with a hardware wallet isnt as seamless and this is by design. At twice the height of the Nano S model's 128 x 32 pixel screen, that means no more scrolling through wallet addresses across multiple screens when trying to send crypto. Next, I interacted with the hardware wallet to finish the setup; I was prompted to create a PIN code. Why is this important? you may be wondering. CSPN (First Level Security Certificate) certification. There are many reports of users losing NFTs to OpenSea vulnerabilities or phishing attempts. Apps effectively represent cryptocurrencies, such as Bitcoin and Ethereum. Its also worth noting that many NFTs run on Ethereum, too. So? The other rates, as of this writing, are: Competitors, such as Crypto Earn (opens in new tab), offer higher reward rates for some cryptocurrencies (e.g., 12.5% for DOT), but the advantage the Nano S Plus offers is cold-wallet security. Even with the bigger screen, it can be a fiddly affair, though at least you no longer have to click through multiple screens to see the whole address. The other big difference is the Nano Xs 8 hour batter. By the way, I can view my NFT by opening the Ledger Live app, clicking on Discover and launching the Rainbow.me app (see above). It feels just like sending Bitcoin or other cryptos from Ledger Live. How? To add apps to your newly-installed Ledger, you'll need to click on "Manager" in the left-hand sidebar of Ledger Live. Woot! When you purchase through links on our site, we may earn an affiliate commission. The original Nano S could only store up to three apps on the device at any given timewhich was fair enough in 2016, when the number of cryptocurrencies was limited. There was a problem. For example, if you want to move Bitcoin (BTC), Solana (SOL) and Dogecoin (DOGE) to your Ledger hardware wallet, youll need to install the Bitcoin, Solana and Dogecoin apps, respectively. Easy-to-use desktop/mobile companion apps, Ledger Live app could benefit from notifications. The Nano S Plus and its stablemates are also the only hardware wallets to receive CSPN (First Level Security Certificate) certification, from ANSSIthe National Cybersecurity Agency of France. But before we go too deep, take a look at Nano S Plus alternatives available today: The Nano S Plus can be thought of as a sort of middle child between the original Nano S product and its more advanced Nano X counterpart. Future US, Inc. Full 7th Floor, 130 West 42nd Street, the Nano S series doesnt jive with iOS). The Nano S Plus sports an onyx rectangular prism that features a 128 x 64-pixel display. I went to Settings > Accounts > Export. Its the future of banking. This hair-raising, malicious software can recognize crypto wallet addresses and automatically switch them with the hackers own addresses. He is also 1/4th of the Unhashed podcast. The real question is: is the increased price worth the added features the Nano S Plus offers? Neither Privacy Pros and its Subsidiaries, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title with respect to investing. Finally, I really wish the Ledger Live app had pop-up notifications and sound alerts for digital-asset arrivals. To set up the Ledger Nano S Plus, you'll first need to navigate to Ledger's website on your computer and download the Ledger Live application, which will require you to set up a password. By With Ledger Live, confirming transactions for sent NFTs is secure and easy to understand. The crypto hardware wallet market is relatively new, and Ive been observing Ledger its constantly innovating. A Metamask account sans hardware-wallet integration, on the other hand, processes transactions with a digital UI, which is more susceptible to hacking. I love that Ledger kicks off the slideshow guide with a mini-lesson on how hardware wallets work (there are many misconceptions). If this is your first time using a Ledger product, you likely dont have the Ledger Live app yet. As such, its up to you to write down your recovery phrase and keep it somewhere safe. Hardware wallets are purposely inconvenient to use for day trading, which makes them appealing to investors who need long-term storage and dont want to self-sabotage, especially if theyre prone to emotionally charged decision making. Paying a dollar short of $150 for a rudimentary device seemed ludicrous at first, but I concluded that its well worth the expense for cutting-edge crypto security (and the frequently updated Ledger Live companion app). The Nano S has no lip and a completely square body. The Ledger Nano S Plus is sleek, sturdy, and most of all, convenient. The Ledger Nano S Plus is an updated version of the French company's entry-level Ledger Nano S hardware wallet, with a refreshed design incorporating a larger screen and revised internals. Ledger currently supports over 5,500 coins, including these larger cap projects and all ERC20 tokens. The Nano S Plus offers a much larger hard drive than the Nano S, which can only hold 3 crypto wallets at a time. Meh! Update May 2022: Leger Nano S Plus is now available on the Privacy Pros store. EV International, LLC and/or its owner/writers own coins, OS and Hardware Support with Ledger Nano S Plus, Technical comparison between Ledger Nano S Plus, Nano S, Nano X, Supports a wide variety of cryptocurrencies using the native Ledger Live software, Hard drive holds up to 100 crypto assets at a time, Compatibility with 50+ third-party wallets, Native Ledger live support for over 5,500 cryptos. ), and voila, my NFT is now secured with my hardware wallet. With your apps installed, you can buy crypto directly through the Ledger Live app's "buy/sell" option using their supported providers, or send and receive crypto. Perhaps the biggest difference between the two units is Bluetooth support. The Nano S Plus has not battery at all, so dont expect to be using it on the go, unless you have some way to connect it to your android phone. Your jaw drops as Bitcoins value sinks, and youre tempted to sell in a moment of panic, but you cant. Ledger doesnt own a copy of it. For example, if the first word of your recovery phrase is table, the device will ask you to cycle through a carousel of incorrect words until you find the right one. Read on to find out its pros and cons and whether its worth the investment. You can also send the NFT to someone else from this screen too. The one supplied in the box is a lot nicer than the flimsy micro-USB cable that came with the Nano S, but it's a bit shortclearly aimed with laptop users in mind rather than desktop owners. With a little digging, I discovered that holding ATOM offers an 8 to 10 percent annual yield (opens in new tab). Etched into the aluminum shield is Ledger's new logo, following a rebrand in late 2021; it's a bit slicker than the old logo, and more self-consciously "crypto.". All you have to do is go into your ETH wallet (or other NFT supporting blockchain) and select See All NFT. Youre researching whether the Nano S Plus, Ledgers newest hardware wallet, is the best security tool for warding off malicious actors. Since the Ledger Nano S was first launched in 2016, a lot has happened in the cryptocurrency world. The Nano S Plus shouldnt be out in the open on keychains nor swinging off bookbags; it should be kept in a safe, a locked drawer or wherever you prefer to stash your treasures. What makes it safer? What I love about the Nano S Plus is that it keeps your recovery phrase the key to your crypto offline. OpenSea, one of the most popular marketplaces for Ethereum-based NFTs, is a hackers haven. You will receive a verification email shortly. If I knew about this earlier, I wouldnt have wasted money on gas fees sending DOT to my hardware wallet! First, you'll need to choose whether you're setting it up as a new device, or restoring it from a recovery phrase. Keep in mind that Metamask can hold several accounts. I also dislike how the Ledger Live app doesnt tell you the reward rates for each stake-friendly crypto. To ensure that I wrote down my 24-word recovery phrase (theres always a select few who dont listen), the Nano S Plus asked me to confirm each word in sequential order. Both units offer a USB-C connection type. As such, the CC EAL5+ certification ensures that the Nano S Plus' chip meets a certain security standard. Visit our corporate site (opens in new tab). We dont have a price for the Nano S Plus yet, but we expect it to be about $100. In other words, a cybercriminal would need to physically have my Nano S Plus in their hands to do anything with my NFT. Matte Black, Saffron Yellow, Flamingo Pink, Jade Green, Lagoon Blue and Transparent), the Nano S Plus only comes in black (with a silver case) a plus for heightened discreteness. Now, Ledger's best-selling hardware wallet is getting a long-overdue refresh. Ledger subsequently committed to changing its procedures for handling customer data, but it remains an embarrassing blot on the company's record. Plus, it has a battery that offers an 8-hour standby runtime. This panel, by the way, is noticeably larger than its predecessors screen. As well as Ledger Live, you can also use the Nano S Plus with over 50 web wallets such as MetaMask, MyEtherWallet and MyCrypto. When it comes to the body of the the Nano S Plus, it shares a similarly sleek build to the Nano X, but with a matte finish instead of Nano Xs glossy finish. We publish new content on everything that helps keep you private. When I wrote the Ledger Nano X vs. Nano S face-off, a comparative analysis between the $149 Nano X and the $79 Nano S (now $59), I whined about their exorbitant price tags. Unlike hardware wallets, Metamask digitally stores your seed phrase online. If they match, you can click Accept on the hardware wallet and carry on. If you are just holding, say, Bitcoin and Ethereum, then that wont matter to you, but its worth considering if you plan on acquiring more coins. Each Nano S Plus device generates a unique set of 24 words this is your recovery phrase.
When it comes to the body of the the Nano S Plus, it shares a similarly sleek build to the Nano X, but with a matte finish instead of Nano Xs glossy finish. We publish new content on everything that helps keep you private. When I wrote the Ledger Nano X vs. Nano S face-off, a comparative analysis between the $149 Nano X and the $79 Nano S (now $59), I whined about their exorbitant price tags. Unlike hardware wallets, Metamask digitally stores your seed phrase online. If they match, you can click Accept on the hardware wallet and carry on. If you are just holding, say, Bitcoin and Ethereum, then that wont matter to you, but its worth considering if you plan on acquiring more coins. Each Nano S Plus device generates a unique set of 24 words this is your recovery phrase.