Summary: Based on our research, we have found that the Ledger Nano S Plus is better than the Ledger Nano X because it is half the price ($79 vs $149) and offers the same coins, tokens and DeFi integrations. The only advantage the Nano X has is bluetooth connectivity, which is not a feature that is worth twice the price.
You can find a deeper dive into the Nano S Plus vs Nano X comparison in our guide below.
- The cheapest and newest Ledger Nano in their Crypto Wallet series. Currently valued at $79 USD.
- Most secure Crypto Wallet with access to over 5,000 Cryptocurrencies and across a variety of networks.
- Native DeFi applications like AAVE, UniSwap, SushiSwap and more to safely earn yield on assets.
Ledger Nano S Plus and Ledger Nano X: Features
The Ledger Nano S Plus is Ledger's flagship product and an upgrade of the older Nano S with a larger screen, more memory and more integrations throughout DeFi.
With the S Plus, you can manage over 5,500 cryptocurrencies and interact with the best decentralized finance applications like AAVE, Compound and Stargate Finance to earn interest on your assets.
What's more, the Nano S Plus is one of the cheapest hardware wallets on the market at a low cost of $79.
The Ledger Nano X is the newer model compared to the old Nano S, released in 2019. It's a bit more expensive at $149, but it offers some additional features - mainly its Bluetooth connectivity.
With the X, you can manage your Ledger device with your smartphone using the Ledger Live Mobile app. This means that you don't need to be tethered to a computer to use your wallet, which is great for those on the go.
Ledger Nano S Plus vs X: Supported Coins
The Ledger Nano S Plus and Ledger Nano X both support the ability to manage over 5,500 digital assets on their hardware wallet.
This means that you are potentially paying twice as much with the Ledger Nano X compared to the S Plus for the same functionality.
Supported Applications
The Nano S Plus and Ledger Nano X offer support for the same suite of Decentralized Finance applications on Ethereum, Avalanche, BNB Chain and other networks. This means they provide the same access to platforms across DeFi, NFTs and GameFi on-chain such as:
- UniSwap
- SushiSwap
- AAVE
- Compound Finance
- OpenSea
- LooksRare
- MakerDAO
Both the Nano S Plus and Nano X also support NFTs custody, which means you can store your art and other collectables on both hardware wallets.
Security
The S Plus and Nano X both hold certifications by ANSSI which is the highest level of security for sensitive data handed out by a leading French cybersecurity agency.
Both hardware wallets require a pin code and have 24-word backup recovery phrases.
Final Thoughts
Our research has found that the Nano X is unreasonably more expensive than the Ledger Nano S Plus for effectively the same product with the same security guarantees.
Unless you're willing to pay an extra $70 for the Bluetooth compatibility, we recommend using the Ledger Nano S Plus to safely store your digital assets.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.
