Ledger, one of the leading hardware wallet manufacturers, has three hardware wallet models in the market: Ledger Nano X, Ledger Nano S Plus and Ledger Nano S (discontinued).
Getting yourself a hardware wallet is one of the best investments considering how much crypto has been lost to hacking attacks so far.
But which Ledger model should you get?
Each Ledger wallet model is priced differently and has various features, some of which you may really need or may be non-essential for you.
So you don’t necessarily need to get the latest, most advanced Ledger hardware wallet, it depends on your needs.
The latest Ledger models, namely the Ledger Nano X and the Ledger Nano S Plus have much larger and enough storage capacity.
That means you can store around 100 coins and thousands of tokens in your Ledger wallet.
For example, when you install the Ethereum app, you don’t need to install anything for ERC20 tokens.
You can just send them to your Ethereum address and also create more Ethereum addresses if you need it.
For the discontinued Ledger Nano S wallet, the storage capacity is very limited and you can store around 3-6 apps at the same time.
To install more apps when the limit is reached on the Nano S, you need to delete existing apps which can be reinstalled again.
As you have your keys, you can access your coins any time. The deletion of apps does not affect anything.
But this process can be very troublesome for most users and the Nano S’s capacity is really small compared to new models.
Also, the Ledger Nano S is currently discontinued with just 10,000 final edition available for sale.
So you may not even be able to buy it from Ledger, the manufacturer.
The supported coins by Ledger are supported by all Ledger models.
So you should rather consider storage capacity and other features when choosing a Ledger model or compare Ledger wallets with other hardware wallets in the market.
Ledger currently supports almost all the coins that you may be interested in. Some of the supported cryptocurrencies are:
- USDT (ERC20 & TRC20)
If the coin that you want to store in your Ledger wallet is not supported by Ledger’s app, Ledger Live, yet, you will need to connect your Ledger wallet to third party wallets.
By connecting your Ledger wallet to the official wallet of the coin that is not supported on Ledger Live yet, you can see, send/receive and manage your coins.
The Ledger Nano S, the discontinued and cheapest hardware wallet model of Ledger, is priced at 59,00 €.
If you live in the US, the prices are same but just in US Dollars.
For the Nano X, the shipping cost is included in the price.
The Ledger wallet prices may differ and can be in your local currency depending on the country you live in.
Also, whether taxes are included in the price depends on the country you live in too.
You can check the prices of the Nano X and the Nano S Plus and other details by visiting the Ledger Shop with your VPN turned off.
The Nano S is not recommended due to its limited storage capacity. Also, the product is currently discontinued and will not be available after the final edition is sold out.
If you plan to install and store only a few apps/coins and store tokens associated with those apps in your hardware wallet, then you may get a Ledger Nano S (if you can).
On the other hand, if you’re not quite price-sensitive, you should definitely get the Nano S Plus instead of a Nano S.
The Nano S Plus is definitely worth the small price difference.
The Nano S will no longer be available. So should you get the Ledger Nano X or the Ledger Nano S Plus?
That is an important question but also easy to answer.
Do you want to connect your Ledger hardware wallet to your iOS or Android phone via bluetooth and manage your assets anywhere from your phone?
If the answer is yes, then you should get the Ledger Nano X.
You can also buy Ledger’s OTG Kit and connect your Nano S Plus or Nano X to your Android phone with a cable.
But it’s not possible to connect Ledger wallets to iOS phones using a cable.
So, if you have an iOS phone and want to use your Ledger wallet with your phone, you need to get the Ledger Nano X.
If you are not even interested in connecting your wallet to your phone, you should buy the Nano S Plus which is also much cheaper.
Screen size and weight
Both the Ledger Nano X and the Nano S Plus have a larger screen (128×64 pixels) than the old Nano S.
The Ledger Nano S Plus (21g) is more lightweight than the Nano X (34g).
Both the Ledger Nano X and the Ledger Nano S Plus use a certified secure chip (CC EAL5+) and are independently certified by ANSSI.
You might have a concern that Ledger Nano X’s bluetooth feature makes the device less secure.
But there is no such thing because no critical data such as your private keys or recovery phrase is transported by bluetooth.
Only the signed transaction data (public data) is transported by bluetooth to be broadcasted to the blockchain network.
The secure chip always protects your keys and the keys never leave the chip. So you should not worry about it at all.
You can also disable your bluetooth anytime you want and keep it disabled when you don’t use it.
Dapp & NFT support
You can access and use various popular dapps and also manage your NFTs in Ledger Live.
But the support is limited and you should use other wallets such as MetaMask to access and use dapps based on Ethereum and other networks.
You can connect your Ledger wallet to MetaMask and use any dapps in a secure way thanks to your hardware wallet.
You can also use dapps and buy tokens on different networks such as Polygon, Avalanche and BSC with your Ledger wallet.
But, if they are not supported by Ledger Live yet, you will need to use MetaMask to manage and send/receive assets on such networks.
To interact with networks other than Ethereum, you need to add them to your MetaMask wallet before or after connecting your Ledger wallet to MetaMask.
To learn how to connect Ledger to MetaMask and use MetaMask, check out our tutorials below: