Ledger Nano S Review: Security, Supported Coins, and Features (2025)

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Introduction

The Ledger Nano S remains one of the most trusted hardware wallets in 2025, renowned for its robust security and broad cryptocurrency support. Founded in 2014, Ledger has sold over a million devices globally. This review covers setup, usability, security features, and compatibility to help you decide if the Nano S fits your crypto storage needs.


First Impressions

Ordering Experience

The Ledger online shop offers a seamless purchasing process:

Pro Tip: Always purchase hardware wallets directly from the manufacturer or authorized resellers to avoid tampered devices.

Unboxing the Ledger Nano S

The Nano S arrives in sleek, Apple-inspired packaging:

First Look: The aluminum casing and compact design exude durability. The device features a clear OLED screen and two navigation buttons.


Setting Up the Ledger Nano S

Initial Configuration

  1. Download Ledger Live: The companion software (Ledger Live) guides setup for Windows, macOS, Linux, and Android/iOS (mobile version upcoming).
  2. Connect Device: Plug in the Nano S via USB.
  3. Set PIN: Choose a 4–8 digit code to secure the wallet.

Creating a Recovery Seed

Critical Reminder: Never digitize your recovery seed. This is your only backup!

Security Checklist

Ledger Live verifies the device’s authenticity by cryptographically confirming its connection to Ledger’s secure servers. Enable optional password protection for added privacy.


Managing Cryptocurrencies

Installing Apps via Ledger Live

Adding Accounts

Feature Highlight: Use the Nano S as a FIDO U2F key for two-factor authentication (e.g., Google login).


Daily Use and Compatibility

Transaction Process

  1. Send/Receive: Initiate transactions in Ledger Live.
  2. Verification: Check details on the Nano S’s display and approve with the buttons.

Ease of Use: The two-button navigation is intuitive, though entering recovery phrases can be tedious.

Compatibility

Wireless Limitation: No Bluetooth/Wi-Fi—transactions require USB or OTG cable (for Android).


Security Features

Key Protections

Tamper-Proof: Transactions are validated on-device, immune to PC malware.

Recovery Options

Security Certifications: Meets bank-grade standards per smart card industry practices.


Documentation and Support


FAQ Section

1. How many cryptocurrencies does the Ledger Nano S support?

The Nano S supports 100+ coins, including Bitcoin, Ethereum, Solana, and ERC-20 tokens. See the full list here.

2. Is the Ledger Nano S safe from hackers?

Yes. Private keys never leave the device, and transactions require manual verification on the Nano S.

3. Can I use the Nano S with an iPhone?

No. iOS lacks USB device support, but you can monitor balances via watch-only wallets.

4. What happens if I lose my recovery seed?

Without the seed, funds are irrecoverable. Store it securely offline.

5. How do I update the firmware?

Use Ledger Live to install updates, which often include new features and security patches.


Final Verdict

Pros:

Cons:

👉 Upgrade to Ledger Nano X for Bluetooth support.

Rating: 94% — A reliable choice for long-term crypto storage in 2025.