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Ledger Nano S Plus vs Ledger Nano Gen5

Ledger Nano Gen5 stands out with NFC connectivity, iOS support. Ledger Nano S Plus is a solid alternative — Ledger Nano S Plus costs $110 less.

2 wallets
USB vs NFC
$110 price gap
iOS support differs
Quick Verdict Updated 2026
Ledger Nano S Plus
Ledger Nano S Plus
Best value
76 /100
Good
Ledger Nano Gen5
Ledger Nano Gen5
Best overall
77 /100
Good
Open-formula rating 40+ criteria analyzed Last updated May 2026 No sponsored rankings

Key Takeaways

  • Security scores are close (within 0 points)
  • Ledger Nano Gen5 wins in ease of use (79/100)
  • Ledger Nano S Plus is more affordable ($69)
  • Both support 70+ cryptocurrencies
  • Best for beginners: Ledger Nano Gen5 (easier setup)

Ledger Nano S Plus vs Ledger Nano Gen5: Key Differences

Both Ledger Nano S Plus and Ledger Nano Gen5 can keep your crypto safe — the real question is which one fits the way you actually use it. We've put both through our open-formula scoring on 40+ criteria: Ledger Nano S Plus (Ledger) lands at 76/100, Ledger Nano Gen5 (Ledger) at 77/100. The $110 gap between $69 and $179 isn't arbitrary — these are two different bets on what matters in a hardware wallet, and the right pick depends on which bet you'd take.

Winner by Category

Which wallet leads in each area

Security
Tie
Ledger Nano S Plus97/100
Ledger Nano Gen597/100
Ease of Use
Ledger Nano S Plus67/100
Ledger Nano Gen579/100
Price
Ledger Nano S Plus$69
Ledger Nano Gen5$179
Coin Support
Tie
Ledger Nano S Plus70+
Ledger Nano Gen570+
Privacy
Tie
Ledger Nano S Plus50/100
Ledger Nano Gen548/100
Beginner Friendly
Ledger Nano S Plus67/100
Ledger Nano Gen579/100
Comparing:
Ledger Nano S Plus
Ledger Nano Gen5

Comparison Table

Key specifications for your decision

Criteria
Ledger Nano S Plus
Ledger Nano S Plus
Ledger
$69
View Best Price
Ledger Nano Gen5
Ledger Nano Gen5
Ledger
$179
View Best Price
Overall Rating
76/10077/100
Security
97/10097/100
Usability
67/10079/100
Price
$69$179

EAL Certification (Evaluation Assurance Level) from Common Criteria rates the security of hardware components, like secure chips in crypto hardware wallets. Higher levels, such as EAL5+ or EAL6+, indicate stronger resistance to attacks.

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YesYes

Open Source Firmware refers to firmware in hardware devices, like wallets, where the source code is publicly available, allowing transparency, auditability, and customization.

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NoNo

Bluetooth Connectivity enables wireless communication between devices, like hardware wallets and smartphones, using Bluetooth or Bluetooth Low Energy (BLE) for secure data transfer.

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NoYes
USB
YesYes
Networks
70+70+

A passphrase is an additional security layer for cryptocurrency wallets, acting as a 25th word in the BIP39 seed phrase, protecting access to hidden wallets.

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YesYes

A touchscreen display is a screen that allows users to interact with a device by touching the surface, commonly used in hardware wallets for easy navigation and transaction confirmation.

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Monochrome OLEDE-Ink Monochrome Touchscreen

Recovery is the process of restoring access to a cryptocurrency wallet using its seed phrase or mnemonic backup if the original wallet is lost or inaccessible.

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24-word seed24-word seed
Setup Time
~10 min~5 min

IP Rating refers to the level of protection a device has against dust and water, often used for hardware wallets to indicate their durability in various environments.

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NoneNone

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Our Verdict: Ledger Nano S Plus or Ledger Nano Gen5?

Choose Ledger Nano S Plus if...

  • You prefer USB-only connection for maximum security
  • You want to save $110 without sacrificing core security

Skip Ledger Nano S Plus if...

  • × You manage crypto from an iPhone (no iOS app here)
  • × You want wireless NFC connection — no cables

Choose Ledger Nano Gen5 if...

  • You use Bitcoin and care about privacy (CoinJoin, coin control)
  • You need iPhone (iOS) compatibility
  • You want wireless NFC connectivity — no cables needed

Skip Ledger Nano Gen5 if...

  • × Budget is tight — you'd be better served by a cheaper option in this comparison

Our pick for most users

Both wallets score similarly (76 vs 77/100) — your choice depends on which features matter most to you.

Bottom line: Security scores are essentially tied here, so this isn't where the choice lives. Day to day, Ledger Nano Gen5 is the easier one to live with. If budget is real, Ledger Nano S Plus comes in $110 cheaper without giving up the basics.

Price: Ledger Nano S Plus vs Ledger Nano Gen5

Ledger Nano S Plus costs $69, while Ledger Nano Gen5 is priced at $179 — a $110 difference. The extra cost of Ledger Nano Gen5 gets you a 1-point higher overall rating. For budget buyers, Ledger Nano S Plus offers solid security at a lower price point.

Who Should Pick Which Wallet

Recommendations based on real-world use cases

Ledger Nano S Plus

$69
AffordableGreat priceCoin controlWalletConnect support
Pros
  • +CC EAL6+ certified ST33K1M5 secure element — highest rating among sub-$100 wallets
  • +Supports 5,500+ tokens across 50+ networks without third-party apps
  • +24-word BIP39 seed with optional passphrase adds hidden wallet layer
  • +Coin control feature enables manual UTXO selection for privacy-conscious users
Cons
  • Closed-source firmware — independent security audits are not publicly possible
  • No Bluetooth or NFC; USB-only connectivity excludes iOS devices entirely
  • No Shamir Secret Sharing — single seed backup point remains a loss risk
  • 0.9-inch monochrome OLED makes verifying long contract data tedious

Ledger Nano Gen5

$179
Built-in batteryCoin controlCoinJoin supportWalletConnect support
Pros
  • +EAL6+ certified secure element, the highest grade in consumer hardware wallets
  • +Triple connectivity: USB-C, Bluetooth, and NFC in a single device
  • +2.8-inch E-Ink touchscreen — largest display in the Ledger lineup
  • +Ships with Ledger Recovery Key NFC card for seedless backup out of the box
Cons
  • Firmware and Ledger Live app are closed-source, limiting independent auditability
  • No Shamir Secret Sharing — seed backup is single-point BIP39 or proprietary NFC card
  • No water or dust resistance rating despite a $179 price point
  • Multisig support is basic only — no native miniscript or advanced policy coordination

Pre-Purchase Checklist

Important points to verify regardless of your choice

All wallets ship from official manufacturer stores with full warranty.

Ledger Nano S Plus vs Ledger Nano Gen5: Frequently Asked Questions

Answers about Ledger Nano S Plus vs Ledger Nano Gen5

Is Ledger Nano S Plus better than Ledger Nano Gen5?
On the numbers, Ledger Nano Gen5 comes out ahead — 77/100 vs 76/100 — but 'better' isn't quite the right frame. Ledger Nano S Plus is more affordable at $69, which matters more for some buyers than overall score does. If overall rating is what you actually weigh first, take Ledger Nano Gen5. If budget is the constraint that shapes your decision, Ledger Nano S Plus is the smarter buy. Either way, both are real hardware wallets — neither is a mistake.
How much do Ledger Nano S Plus and Ledger Nano Gen5 cost?
Ledger Nano S Plus costs $69, Ledger Nano Gen5 costs $179. These are list prices for the standard edition from official manufacturer stores. A few things worth knowing: hardware wallet prices barely move during the year, so 'waiting for a sale' rarely pays off — Black Friday is the one exception, with 10–20% off being typical. Avoid third-party listings even if they're cheaper; the supply chain risk on a tampered device wipes out any savings the first time you load funds. And don't buy a 'used' hardware wallet, ever — even if it claims to be reset.
Can Ledger Nano S Plus be used on iPhone (iOS)?
No — Ledger Nano S Plus has no iOS app today, and there's no public roadmap for one. It works fine with Android, Windows, macOS, and Linux, but iPhone users are out of luck. If your primary device is an iPhone and you don't want a separate computer just to manage crypto, Ledger Nano Gen5 is the practical pick: it has a native iOS app and the full feature set works over Lightning or Bluetooth.
Which wallet is better for DeFi and Web3: Ledger Nano S Plus or Ledger Nano Gen5?
Ledger Nano S Plus — and the gap is bigger than the spec sheets make it look. Ledger Nano S Plus has WalletConnect built in, which means you sign DeFi transactions directly from a hardware wallet without exposing keys to a hot wallet. Ledger Nano Gen5 can technically work with DeFi via third-party software, but every extra step is one more place an attacker can intercept the transaction you're approving. If you're going to be clicking 'Sign' on smart contracts more than once a month, the difference compounds fast.
Ledger Nano S Plus vs Ledger Nano Gen5: which has better backup options?
Ledger Nano S Plus uses a standard 24-word seed phrase. Ledger Nano Gen5 uses a standard 24-word seed phrase. Both work — but they reflect different ideas about what 'backup' should be. The seed phrase approach (BIP-39) is the open industry standard: portable across most wallets, well-documented, and recoverable on any compatible device. The downside is well-known too — it's a piece of paper that's a single photograph or careless moment away from disaster. Card-based backups can't be photographed and don't write themselves down, but they're proprietary, which means you trust one manufacturer to stay in business and keep the format alive. Pick based on which failure mode worries you more.
Where to buy Ledger Nano S Plus at the best price?
Always buy Ledger Nano S Plus from the official Ledger store — never from Amazon, eBay, or third-party marketplaces, even if the price looks better. Hardware wallets have been physically tampered with in the supply chain before (compromised devices shipped to unsuspecting buyers, then drained the moment funds were loaded). Buying direct from Ledger gets you a sealed unit with full warranty, firmware integrity, and a clean chain of custody. Free shipping and occasional discounts at the source make the price difference negligible anyway.
Do Ledger Nano S Plus and Ledger Nano Gen5 come with a warranty?
Yes — both ship with a manufacturer warranty (typically 1–2 years) when bought from the official store. That said, a hardware wallet warranty is mostly about hardware defects, not lost funds. If the device fails, the manufacturer will replace it — but your seed phrase or backup cards are what actually restore your crypto onto the new device. The warranty is real but secondary; what protects your funds is your backup discipline, not a piece of paper from {{wallet1}} or {{wallet2}}.

Made your decision?

Check out full reviews or find the best price from official vendors.

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