Ledger Nano S Review

The Ledger Nano S is Ledger’s most popular product and among the most popular hardware wallets in the world. The device is about the size of a cigarette lighter and features two small buttons and a screen.

We looked at the Nano S in terms of its security, price, supported currencies, user satisfaction, competing wallets, and more to help you decide if this is the right wallet for you.

Company Overview

Ledger was launched in 2014 by eight different computer security and cryptocurrency experts to create a product that would make it easier for people to securely store their crypto. The company is headquartered in San Francisco and has over 130 employees around the world.

Ledger designed a unique operating system called BOLOS. In the case of hardware wallets like the Nano S, Ledger integrates this software into secure chips. The company also uses BOLOS for various enterprise solutions by integrating the operating system into a Hardware Security Module (HSM).

In addition to the hardware wallets they have become famous for; Ledger also works on security solutions for things like Internet of Things (IoT) devices and password-less logins.

Supported Cryptocurrencies

The Ledger Nano S supports over 1,100 different cryptocurrencies including these popular ones:

Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Bitcoin Cash (BCH)
EOS (EOS)
Stellar (XLM)

Ledger’s website has a handy tool that allows users to search for any crypto and see if the Ledger hardware wallets support that coin or token. There’s also a list that can be sorted by various factors.

It’s important to note that the Ledger Live app only has native support for 22 of the most popular cryptocurrencies. The other 1,000+ can be integrated by installing third-party applications. Smaller or more niche cryptocurrencies might require integration with other wallets like MyEtherWallet, for example. This involves an extra step that could get confusing for novice users.

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