What are Ledger Nano's?
Ledger Nano's are hardware wallets that allow you to store cryptocurrency securely. They work using a secure chip, encryption and PIN code to protect your funds from hackers and malicious actors. The Ledger Nano S Plus & Nano X both support over 5,500 tokens and include features such as 24-word seed recovery, password manager, asset management options, and more.
What is the difference between Ledger Nano S Plus & Nano X?
The primary difference between the Ledger Nano S Plus and the Nano X is their price point. The Nano S Plus costs $90, while the Nano X is priced at $180, making the former a more affordable option.
Both devices support over 5,500 tokens and DeFi protocols, with the only unique feature of the Nano X being its Bluetooth compatibility, which could be beneficial for users who need to access their wallet while on-the-go.
Do Ledger Nanos Support NFTs?
Yes, both the Ledger Nano S Plus and Nano X support NFTs. You can easily store, manage and transfer your NFTs with either of these wallets. As at time of writing, all Ledger Nano products support NFTs across a variety of different chains including Ethereum, Solana, Avalanche, BNB Chain and Layer 2's like Optimism and Arbitrum.
Ledger Nano S Plus vs Ledger Nano S
The Ledger Nano S Plus is the newer version of the Ledger Nano S. While they both have similar features, the Nano S Plus offers some additional security measures such as 'recovery sheet' and a larger screen size which makes it easier to use. The live-check feature also allows you to check if your device has been tampered with as well.
The Nano S Plus also supports over 5000+ tokens, whereas the Nano S only supports around 2500. This makes the Nano S Plus a better overall choice for cryptocurrency investors looking to secure their funds in a hardware wallet.
Bottom Line
In conclusion, the Ledger Nano S Plus and Nano X are both excellent hardware wallets for storing cryptocurrencies and NFTs. The primary difference between the two is their price point, with the Nano S Plus being half the cost of the Nano X. Both wallets offer the same features, except for the Nano X's Bluetooth compatibility. However, this feature does not add significant value to the product.
Therefore, for investors looking for the best overall value, the Ledger Nano S Plus is the superior option. With support for over 5,500 tokens and 100+ DeFi applications, along with secure NFT storage and additional security measures, it is an excellent choice for anyone looking to move their funds off centralized exchanges and secure their investments.
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