Ledger Nano S Plus review (2026)
The budget Ledger workhorse
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Our take
The Nano S Plus is the cheapest way into the Ledger ecosystem: A$139, USB-C, the same EAL6+ secure element as its dearer siblings, and full Ledger Live support across 5,500+ assets. It’s the two-button classic, refreshed with more memory so you can install many coin apps at once.
No Bluetooth, no touchscreen, no glamour — and for a desk-drawer cold-storage device, none of that matters. It exists to hold keys offline and sign when asked, and it does exactly that.
Key facts
| Type | hardware · non-custodial | Price (AUD) | A$139 |
|---|---|---|---|
| Coin support | 5,500+ assets | Connectivity | usb-c |
| Secure element | EAL6+ | Open source | No |
Specs checked against official documentation · 6 Sept 2026
Pros & cons
Pros
- Dedicated secure element (EAL6+)
- Broad asset support: 5,500+ assets
- Affordable entry point at A$139
Cons
- Closed-source firmware — you trust the vendor’s claims
- Self-custody means self-responsibility: lose the seed phrase (or access), lose the funds
How secure is Ledger Nano S Plus?
The same secure element and firmware stack as Ledger’s flagships in a plainer shell — protection per dollar is excellent. Closed-source firmware remains the trade-off. Wired-only USB-C is a quiet plus: nothing broadcasts. Buy from the official store; Ledger devices are a known target for tampered-reseller scams.
Who is Ledger Nano S Plus for?
✅ Good fit if…
- You want Ledger Live and broad asset support at the lowest price
- The wallet will live at a desk, not in a pocket
- You’re fine with buttons over touchscreens
⛔ Look elsewhere if…
- You want mobile Bluetooth use (Nano X or Flex)
- Open source matters to you (Trezor Safe 3 at similar money)
- You confirm complex DeFi transactions often — a bigger screen helps
Getting started with Ledger Nano S Plus
- 1 Buy from the official store only
Order Ledger Nano S Plus direct (our Buy button goes there) or from an authorised AU reseller. Never second-hand, never marketplace sellers — pre-tampered devices are a real scam.
- 2 Set up and back up offline
Initialise the device and write the recovery phrase on the supplied card — by hand, never in a photo, password manager or cloud note.
- 3 Verify with a test transfer
Send a small amount from your exchange first, confirm it arrives, then move the rest. Verify the receive address on the device screen, not just your computer.
- 4 Store device and backup separately
The device in one place, the recovery phrase in another. Anyone holding the phrase holds the funds — treat it like the asset itself.
FAQ
Is Ledger Nano S Plus safe?
Ledger Nano S Plus is a non-custodial hardware wallet with a EAL6+ secure element. No wallet removes the human risks: phishing and seed-phrase theft cause far more losses than device flaws.
How much does Ledger Nano S Plus cost in Australia?
A$139 from the official store or authorised AU resellers. Never buy second-hand or from marketplace sellers — tampered devices are a known scam.
What coins does Ledger Nano S Plus support?
5,500+ assets
The bottom line
The sensible cheap seat in the Ledger ecosystem — buy it for what it does, not how it looks.
Scored 8.4/10 by our methodology — independent of any commission.
Alternatives
Trezor Safe 7 
Trezor Safe 3 
Ledger Nano Gen5 General information only, not financial advice. Always verify wallet downloads and purchases against the official site.