Summary: The Ledger Nano S Plus is the better overall hardware wallet for cryptocurrency investors looking to move their funds off centralized exchanges. The Nano S Plus and Nano X offer the exact same features, however the Nano S Plus ($90) is half the price of the Nano X ($180).
The only features difference between the Nano S Plus & Nano X is that the Nano X offers 'bluetooth compatibility' which does not add any real value to the product. Outside of this, they both support the same tokens, same DeFi protocols and allow you to hold NFTs.
What are Ledger Nano's?
Ledger Nanos are hardware wallets designed to provide a secure environment for cryptocurrency storage. They employ a complex system of security measures including a secure chip, robust encryption, and PIN code authentication to defend against unauthorized access and potential threats.
Both the Ledger Nano S Plus and Nano X models offer compatibility with more than 5,500 tokens, embodying a versatile solution for diverse cryptocurrency management. To enhance safety and recovery, these devices incorporate a 24-word seed recovery mechanism. Additional features, such as a password manager and comprehensive asset management options, serve to fortify your control over your digital assets.
Difference Between Ledger Nano S Plus & Nano X
At the heart of the Ledger Nano S Plus vs Nano X comparison is the difference in price. The Ledger Nano S Plus, costing just $90, offers a more budget-friendly alternative to the Nano X, which is priced at $180. Regardless of the price point, both these Ledger models provide support for a staggering array of over 5,500 tokens and numerous DeFi protocols.
A distinctive feature that sets the Ledger Nano X apart from the Nano S Plus is its Bluetooth compatibility. This functionality might prove beneficial for crypto users who require on-the-go accessibility to their wallet, making the Nano X a top choice for mobile cryptocurrency management.
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.
In conclusion, Ledger Nanos are secure, versatile hardware wallets ideal for managing a wide array of cryptocurrencies and NFTs. The Ledger Nano S Plus and Nano X models, while differing in price and some features like Bluetooth compatibility, both offer robust security measures and compatibility with over 5,500 tokens, including diverse DeFi protocols.
The newer Nano S Plus model also outshines its predecessor, the Nano S, by supporting more tokens and additional security features. Whether you're a seasoned crypto investor or just starting, a Ledger Nano wallet could be a worthwhile investment to secure and manage your digital assets effectively.