Why is the Ledger Nano S Plus the best value for money to secure your cryptocurrencies?

Anyone who has already invested in crypto-currencies, such as Bitcoin or Ether, is well aware of the importance of crypto wallet. In fact, it is necessary, however important, to protect these digital currencies that are not immune to cyberattacks. As a result, there are two main types of crypto wallet today: digital wallet and physical wallet.

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However, the hardware wallet, also called the Hardware wallet, is considered the most effective way to protect against unauthorized access. And the Ledger Nano S Plus is the latest kid from Ledger, the leader in physical wallets. But what is the Ledger Nano S Plus wallet? How does it work? What are its particularities? And how much does it cost?

The Ledger Nano S Plus: Quesaco?

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The Ledger’s Nano S Plus hardware wallet is official sold in April 2022. The Ledger Nano S Plus is an updated version of the entry-level hardware portfolio of the French company, the Ledger Nano S, with a refreshed design that includes a larger screen and redesigned internals and added memory.

Essentially, it is a device that not only stores crypto currencies like Bitcoin (BTC) or Litecoin (LTC), but also non-fungible tokens or NFTs.

Features of the Ledger Nano S Plus

At first glance, the Ledger Nano S Pluss looks like a chunky thumb drive covered with a kind of aluminum shield that rotates to reveal the main body of the device. However, the latter have small dimensions and weight 21 grams. The screen measures 128 x 64 pixels, which is probably not much but more than the Nano S.

The Nano S Plus has a more curved design with rounded buttons. It has a USB-C connector such as the Nano X, replacing the old Micro-USB connector on the Nano S. As a result, the power supply via USB-C cable and memory is 1.50 MB.

ledger nano s plus crypto

On today’s devices we are accustomed to hearing about memories of a few tens and hundreds of GB, so a capacity of one megabyte seems insufficient, but it should be considered that a crypto- currency weighs and some ten KB. This means the Ledger Nano S Plus can hold up to 100 apps at the same time while the previous version only allowed 4 to 5 at best.

Like the Nano S, the Nano S Plus lacks Bluetooth functionality or the Nano X’s internal battery, meaning you’ll need to connect it with a USB-C cable. But it is also possible to purchase a Ledger OTG kit (or use an equivalent cable) to connect your device to the Android phone via the Ledger Live app.

Ledger Nano S Plus: features and benefits

In addition to Ledger Live, you can also use the Nano S Plus with over 50 web wallets like MetaMask, MyEtherWallet, and MyCrypto.

The Nano S Plus has the capacity to store around 5,500 cryptocurrencies and NFT tokens, just like the Nano X. The difference is in the Model S, launched in 2016, which has less capacity. In fact, the original Nano S could only store three apps on the device at a time, which was great in 2016 when the number of cryptocurrencies was limited.

Among the crypto -currencies that can be stored on the Nano S Plus, we can mention: Bitcoin (BTC) – Ethereum (ETH) – Zcash (ZEC) – Litecoin (LTC) – Dogecoin (DOGE) – Tron (TRX) – ERC -20 tokens – and more.

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The security aspect of the Ledger Nano S Plus

Like any hardware wallet, the Ledger Nano S Plus ensures that private keys are kept secure on the device. It offers a high level of security compared to electronic wallets. Generally speaking, the security of the Nano S Plus can be compared to the Nano X. Both use the same components, except the Nano X also has a battery and Bluetooth for better mobile compatibility.

The Bluetooth connection in particular offers some hacking possibilities, so having the Ledger Nano S Plus can be even more beneficial.

Among other things, the Ledger Nano X has obtained the CSPN (First Level Security Certificate) certificate issued by ANSSI (National Agency for the Security of Information Systems). Since the same components are installed, they can be transferred to the Ledger Nano S Plus. The certification report can be viewed online.

The price of the Ledger Nano S Plus

the base price of a Ledger Nano S Plus than in 79 € and is now on the official Ledger website. This is an intermediate price between the various models offered by Ledger, as the Nano X costs € 149 and the Nano S € 59.

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