Ledger Nano S Plus surprised me... (DO NOT buy before watching!)

Hashoshi breaks down everything you need to know about the Ledger Nano S Plus hardware wallet before making a decision to buy this for your crypto and NFT holdings!
Shop the official Ledger store (beware of scams) using Hashoshi's affiliate link:
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Coin support list for all Ledger wallets:
www.ledger.com/supported-cryp...
⚠️ Important ⚠️ The opinions and information presented in this video are strictly my own, or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice, advice of any other nature, nor a call to action to purchase cryptocurrency assets of any kind. It is the responsibility of the viewer to conduct independent research and due diligence before making any financial or investment decisions related to the subject matter published on this channel, whether sponsored or unsponsored. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency, nor a direct endorsement from Hashoshi. This channel does not offer the purchase or sale of securities.
Hashoshi is not responsible, directly or indirectly, for any damage or loss caused by, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this published media.
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⏰ // Timestamps // ⏰
0:00 Introducing the Ledger Nano S Plus
0:38 Specs and design
2:46 Security
4:48 Ledger Nano S Plus setup
7:03 Coin support
8:32 The drawbacks / cons
10:00 Pricing
11:00 Who is this wallet ideal for?
12:00 Still on the fence? Watch the Nano X review
🛑 // DISCLAIMERS & TRANSPARENCY // 🛑
🔺 This description box contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.
The information in this video is an opinion and is for informational purposes only. It is not intended as investment advice, tax advice nor legal advice, nor does it represent any entity's opinion but my own. Seek a duly licensed professional for investment advice. No guarantees are being made, nor promises rendered of financial gain or other benefit in this highly speculative market.
#Hashoshi #Cryptocurrency #CryptoWallet

[@Hashoshi4]

Thanks for watching, my friends! You can get yourself a Ledger Nano S Plus from the official store via my affiliate link: shop.ledger.com/pages/ledger-nano-s-plus?r=b852

[@hellakleios]

yes man, everytime a question comes to my mind, a person on youtube has made a video about it :D thank you for that content, ser. ofc i used your referral link! cheers

[@garbageclient3514]

Since I'm dumb I bought the Nano S Plus before watching any videos, but luckily this video made me feel better about buying it. Thank you for your hard work on this video, I much appreciate it :)

[@Uxiryy]

same

[@pgomesny]

Great presentation, thanks!!!

[@NeoFlight]

Informative, thank you.

[@giovannyguzman7008]

Very good detailed review of this wallet !! Thank you

[@smuk123]

thanks just bought this cause this video gave me the confidence.

[@smuk123]

@♜ Pinned by Hashoshi • • I'm a for it bro let me know asap

[@smuk123]

@♜ Pinned by Hashoshi • • bet

[@jameskerry3826]

Thank you. Very well done. I learned something...as I took notes (the steps all in order, that I could follow; thanks again). Now the hard part: trying to make heads/tails of all the steps required to buy/sell/transfer coins onto Nano S...and all of the insanity of third party vendors in order to try and deal w/Fiat to crypto; crypto to fiat, as well as verifying this, (that) and (the other thing!): ALL WITHOUT THE LIVE PHONE SUPPORT (THAT SHOULD BE AVAILABLE)...BUT FOR SOME CRAZY REASON IS VIEWED AS "ANCIENT"...yet it's much faster and more efficient that typing digits and waiting for answers, by far. Thank you again.

[@andrewmortenson]

It's sending emails worth value not that difficult!!! Lol

[@Renerator]

Great vid man! Thank u! A never ending debate amoung Ledger users.....Some say you can put your crypto, any crypto, on your Ledger. I say your crypto is always on the blockchain it purtains to. The Ledger is only there to allow transactions and movement of your crypto. And your crypto is not sitting in the device. I would love to have all my crypto sitting in the Ledger if this is possible. Your opinion?

[@p.p.papopapino8175]

you should do a factory reset before using any wallet. If possible also do a hardware check.

[@richlewis6822]

How quickly can you transfer it back on to an exchange if you want to sell or exchange? How can you check your portfolio via your Ledger like is there and also to show you what you hold and in the asset and the dollar value?

[@rdhr3610]

I just bought mine and my first impression was that it's smaller than I expected, and I think the plastic could be a little sturdier

[@gcg3156]

great content

[@jonasperez6176]

GREAT video, as always Hashoshi. I have some problems with Binance now, account blocked and no able to talk further than Support Chat, frustrating 😱 Can you one day make a video of how to deal with this type of situations. Many thanks in advance!

[@TransitionSF]

@♜ 𝐩i𝐧𝐧𝐞d by Hashoshi • • chicken choker

[@getmeontvnow]

1st time wallet buyer and small crypto investor. As a newbie the initialization was agony. Big big disclosure/ warning Ledger does not support Cardano! Also if you have Polygon it is connected to Etherium- which I do not own. It took me many hours and e-mails with tech support to learn this simple fact. Now you know. Finally I tried to do a test transfer of Bitcoin of $1.00 but it was rejected- there is a minimum size of Bitcoin needed for transfers.

[@keith-bates]

Updating for others that Ledger now supports Cardano

[@LoLo-vh2hn]

So is this ledger a good buy???and does it support shibu??

[@darkhacker8747]

@@LoLo-vh2hn if ur buying shiba then getting a ledger is the least of your concerns

[@thatstheguy07]

@@keith-bates can you stake it from the nano?

[@justintaylor3270]

Does support cardano.

[@travelzoli]

Hi Hashoshi! Can you, please do a video about which projects (tokens, coins) to buy into in this market conditions for medium term (1-2 years)? Strong fundamentals, good tokenomics, strong development...Thanks!

[@hack7aoomen897]

Qnt and xrp as well as hbar and probably dag.

[@orionmarcano855]

is it not a security risk to have the ledger connected to a computer during the seed phrase generation?

[@markvandy8882]

A re-visit /update video on ELLIPAL hardware wallet would be much appreciated! Possibly in comparison to other notable hardware wallets like the one found in this video?? 😎

[@Cranky-Panda]

I have bought 2 Ledger Nano S.... Both have broken (with no more then 10 uses each).... Lets hope the Nano S Plus is better.

[@yuliastavnichaya4434]

hey! question: it says "Your must-have Web3 companion" - what is that?

[@happysnapper3676]

Hi can you have two wallets on Ledger live at the same time? ie Nano s & Nano s plus...

[@USA-RN]

My brand new Nano S Plus came with 1.0.1 firmware from the stone ages. The suggested Ledger Live update didn't work. Now the hardware wallet doesn't work and I've been waiting for several days to hear back from ledger. Looks like I need to return it......

[@natek64]

Great review!

[@Hashoshi4]

Thanks! glad it was helpful. cheers

[@dukeman8481]

they need to go like trezor and make a touchscreen. yes i am aware of their discontinued touchscreen model. only reason i don't go full trezor is because they don't have mobile app.

[@mendozavideos974]

i dont like the idea of having to be on ledger live. why is it ok to set up the wallet while its plugged in to a computer that is hooked to the internet?

[@APU2134]

Hi buddy..as usual very informative video...I have got both nano s and nano x..I wanted to know if I damage my nano s for any reason then would I be able to buy nano s plus and use the same recovery words as my nano s I order to access my crypto...pls advise

[@delawaresrealtornick5670]

Nope. But you can use your key phrases to rebuild the wallet into your new nano. As always NEVER EVER give out your key phrases. Ever!

[@lsain1978]

I want a Ledger!!!

[@bobwhitten1351]

what is the max count on how many tokens from one alt coin can you put? I have one thats 20 million.

[@davidanderson5259]

I got the Nano S Plus the instant it became available. I still have my old Nano S as a backup with my two largest bags on it. My understanding is that the Nano X had battery problems, and some people mistrusted the Bluetooth connection. I much prefer to simply plug my Nano S into my dedicated crypto laptop and take care of business that way.

[@zabik7221]

Blue tooth is more safer then connecting to laptop IMO.

[@nate4596]

Is the only way I can trade over my coins with the ledger is through using a PC or laptop?

[@roryivey]

@@nate4596 phone too

[@nate4596]

@@roryivey I can put it in the ledger through using my phone?

[@_THE_PIRATES_BOOTY_]

I just wish they would make a cellphone looking device I hate the sticks .

[@AlexSuperTramp-]

Hmm. I don't like that these wallets support 5K assets and receive firmware updates. This is an ongoing security risk that I wouldn't expect from a hardware wallet. After I purchase the wallet, I would prefer to never need to interact with Ledger as a company again.This dependency on Ledger as a company is very odd. I fully expected the hardware wallet to be compatible with the variety of already existing open source wallet software. I'm new to wallets so just figuring this out

[@abels6985]

Good call

[@ansabmahmood6547]

How can that be true ? Like i have an asset that has increased over night and become more than 5000$ who will company know that It is not making sense

[@ahmadabdallah2896]

did you choose another option?

[@AlexSuperTramp-]

@@ahmadabdallah2896 yeah I returned my Ledger after making that comment. I stick to software wallet now

[@entropy2002]

Nobody ever mentions the very hefty $35 shipping charge - that was way more than 1/2 the price of my Nano S. It is probably justified because it is express shipped from Paris (France, not Texas 😁), but quite a shock when expecting about $10.

[@schwanensee4488]

For someone living in Europe its quite normal to pay for shipping for foreign (not Europe) products. Should have been at least shown in the shopping bag. But even as German i have to pay 8€ because its from France. But still accurate..

[@f87115]

Should’ve waited on Black Friday :)

[@sharyncomstock7066]

Amazon free shipping

[@JoeMama-es1nd]

@@sharyncomstock7066 never buy from Amazon or third party only buy from manufacturers

[@applehair995]

Does Ledger Nano S Plus support XRP? XLM?

[@JC-ul1do]

I am completely new to this and want to set it up. Does the setup require a computer? I currently am working off a Chromebook that does not have the same USB port. (?). There is a mobile download for ledger live but it instructs me to plug the wallet into a phone (?) which is not possible because of the same. I am now very confused. I thought I could set this up without a computer, argh.

[@delawaresrealtornick5670]

It does NOT support chrome book! You would need nano X so you can do it from the phone app. Which the nano s can’t do

[@josephrojalpaul7756]

ohh, i already bought before wathing this video, what i will do?

[@brianburns5335]

If I have a Ledger Nano S, but can't put more coin apps on it because of storage, can I get a Nano X and put the same phrases and code on it to move everything on to it instead?

[@nonickname2910]

Yes, you can transfer your seed to a new Ledger device

[@urlcool]

Are the bitcoin and eth coins on the device itself? What I mean is you don't have to Reply on any online wallets.

[@mickeyreg686]

I'm considering buying my first crypto wallet and thinking of getting this one. It supports xrp from uphold correct?

[@mleski84]

Yes it does

[@shellywilsondobrinic5626]

Did you peek into my shopping cart? Lol. I was just shopping for this today! Thank you for this! This has saved me so much time in trying to find reviews!

[@stinkyman7678]

Thx for video. What about Tangem? Any experience ot thoughts ?

[@Hashoshi4]

I have many of their wallet cards, I like their product. It's a nice way to store crypto for day to day use but I'm personally not storing large large quantities on them.

[@tita19ohoh]

​@@Hashoshi4 Why so? I got their Tangem Wallet, it looks like secure enough

[@shazam2323]

u have to type in all 24 phrase words on the device itself with the 2 buttons?

[@Hashoshi4]

Yes, or at least a subset of them. Painful but worth the effort for security

[@oneopinion5231]

Always buy from the manufacturer and never from a third party or used. Stay safe. And remember never never ever share your seed phrase. No one and even ledger support team will never ask for it. If anyone asks for your seed phrase, than they are a scammer. Keep it safe and don’t share with anyone. The seed is your actual wallet, not the device. The device is just an interface to interact with your wallet.

[@teamsalvation]

But what if the company goes under and the apps no longer available?

[@zabik7221]

Yep I wonder if that happen. It’s just gonna be like Voyager exchange!

[@vagvlach125]

Yes, if someone knows how can we have access to our cryptos after that..

[@roryivey]

@@vagvlach125 From what i've heard you just need to buy any new device from another company and use the same seed phrase to set it up. This is because most hardware wallets use the bip39 standard.

[@kingsolomon9928]

Hi .need help. Can the seed phrase be changed before use. And can it be changed again?

[@Hashoshi4]

If you want to change seed phrase, just don't fund the wallet as-is, reset it, select create new wallet and that'll "re-roll" you a new seed phrase. Make sure you document it and verify it before funding.

[@stevenjennings5160]

I just bought a nano s plus. I know I can add as much crypto as I want to this and daily too but I was told I should only withdrawal one time from a cold wallet back onto an exchange to sell the crypto and then the cold wallet could be potentially compromised and should never be used again. Is this true?

[@Hashoshi4]

Hi Steven - that's more for privacy reasons than anything else. When you send from an address to an exchange that is mapped to your identity via KYC, you are effectively making that wallet "public".

[@richlewis6822]

So you can only use it once?

[@roryivey]

@@Hashoshi4 Can you elaborate a little bit more? So if your wallet is made public.. does that mean you need a new wallet?

[@roryivey]

My only thought is, isn't the crypto stored only on the blockchain? so why would the wallet be compromised?

[@Hashoshi4]

@@roryivey no it’s only really a privacy best practice to use an address once. You can derive many addresses from one wallet seed. You can use the same wallet a TON

[@Hopperman99]

Thoughts on gnosis safe. And why no pulsechain content?

[@jianchen1776]

[!] automated response 🤖 thank you for your feedback leave a message ⬆️I have an amazing offer for you [!]

[@Matt-fh3ki]

I thought it was great that it’s smart phone compatible but you can’t even use it without a computer because it doesn’t have a battery? Am I missing something?

[@luckyviking1619]

Yes, you are missing the fact that USB cables can send power to the unit you are connecting :)

[@SuperVonster]

My phone has a USB phone plug with the extras given when bought

[@businessriskadvisors2170]

Sadly doesnt support helium hnt atm according to their spec sheet

[@businessriskadvisors2170]

Bull 😑

[@unclemarkmark]

passcode allows for 8 characters and i think that's how many people should use

[@ellerellerek52]

Does it support ADA and XMR without 3rd party wallets?

[@WhitePillPC]

No

[@martinlutherkingjr.5582]

Why did the nano x need a battery for Bluetooth support? Ledger’s never heard of a usb power supply? I’ve heard their battery implementation created so many problems.

[@Hashoshi4]

They were aiming to provided a true mobile experience without need for a cable. I agree though, it was a risky choice.

[@mhma1976]

Can you connect to phone using USB? And would that provide the s+ with power, if needed?

[@Hashoshi4]

I am pretty sure some Android devices can, but I’ve not tested this personally

[@molt__1]

Whatsapp✙𝟷𝟺𝟶𝟷𝟺𝟶𝟸𝟿𝟺𝟺𝟽 More updates on ETH,XRP,SOL📊 Whatsapp✙𝟷𝟺𝟶𝟷𝟺𝟶𝟸𝟿𝟺𝟺𝟽 More updates on XLM,NFT’s, BTC📊 👆👆👆👆

[@SuperVonster]

I have a USB to phone plug it works

[@garethzbarker]

sold! got promo code for me? Appreciate the review!!

[@fiction8909]

I already bought the X because of all the reviews stating that the S plus was not compatible with iOS. It now appears that the reviews were all wrong as ledger's own site says it is - but it didn't say that before when I was choosing. So have i wasted 50 bucks on old shit?

[@Hashoshi4]

To my knowledge, S Plus is not compatible with iOS.

[@Bluetail1000]

Does the ledger nano s plus battery die or can you recharge it

[@sharlawya6868]

No battery included.

[@pajet3798]

Greay video and very informative as alway. I rescently purchased the Nano S Plus as my first cold storage device. Got a noob question for you - what costs are involved when moving crypto off exchanges and onto your cold storage wallet?

[@Hashoshi4]

Thanks! Mainly just transaction fees for your native blockchain. Be aware that there are also sometimes where you may think you’re sending a native asset from an exchange (like MATIC on Coinbase) but it’s actually the ERC20 Ethereum version of it so be careful.

[@aaahhh5236]

@@Hashoshi4 why is that ? Does that mean that native asset (for example Matic as you mentioned) will stay in exchange ? How can we detect or see if what we are sending is a native token or an ethereum version of it ? Thx for your great contents

[@Hashoshi4]

@@aaahhh5236 using that example I gave, you might try to send MATIC from Coinbase to your Ledger’s Polygon address (looks the same as an ETH address) on its native chain. MATIC is the native token of Polygon. However, Coinbase supports the ERC20 (Ethereum) version of MATIC so you wouldn’t ever see it land in your Polygon wallet. This causes lots of confusion for people, so I like to call it out. Make sure you’re sending to the right blockchain :)

[@aaahhh5236]

@@Hashoshi4 thx Hashoshi Its always safe to send a little amount first. If you receive it, then things should be allright. By the way whish you a very happy honeymoon, i suggest you to visit Italy, you will not regret it. Rome and Venice are such romantic cities with lots of heritage :)

[@Gandeloft]

I am looking for a video to help me assess is I shouod perhaps buy a hardware wallet.. Immediately skipping this one due to the clickbait title.

[@Hashoshi4]

Skipped it so fast you took the time to leave a comment. Enjoy! Title is factual.

[@let4be]

Keystone is way more superior(air gapped), touch screen, fingerprint scanner... updates only microsd. But the damn queue...

[@mixhitmegamixes]

What would happen, if in, let's say 50 years, I notice, that the stick is broken and the Ledger Company doesn't exist anymore? Am I right assuming, that my Cryptos would be accessible only as long as the Ledger Company exists?

[@immhparvez]

It's really Important question

[@evelio87]

KEY TAKEAWAYS: - Your cryptocurrency is stored on the blockchain and your private key unlocks the use of the crypto coins/tokens. - If Ledger didn’t exist anymore, your cryptocurrency coins and keys would be safe and you could still access them. - You can retrieve your private key that your Ledger wallet was securing with a 24-word recovery phrase and it can be entered into a compatible wallet, meaning your coins are safe from loss if anything happened to Ledger.

[@garrettbrock9954]

😊😊

[@amac8483]

WARNING! I had some BTC on my Nano S for 2 years. I decided to transfer it to exchanges today after a trial run last night. The device failed almost 100%. The backlight was defective, the icons barely legible. I was able to enter my pin only with the aid of a 3x loup and only then because it was fresh in my mind from yesterday - I could see the "shadows" of the numbers entered, other instructions were illegible. I won't be using Ledger again!

[@silverismoney]

I looked into Ledger. They charge about 15-20% more in my country. So I won't buy it. It's made in China, why is it cheaper in USA?

[@XX-ut2fd]

Need a hardware wallet that can be used to pay on the fly. Until such thing exists all these devices will not become popular.

[@poonasor]

can you use the nano s to store and still spend the crypto from your phone?

[@delawaresrealtornick5670]

No. You need nano x

[@tandeburstein5655]

Who is holding this TRIBALPUNK? I'm holding 500$ now I see the event x3 reward is about to add but I'm confused :( give me thousands of advice please

[@DrWolves]

Thanks for sharing. I always fear that someone intercepts the delivery of my hardware wallet and tampers with it though 😆

[@Hashoshi4]

That's a good way of thinking! I respect that haha - definitely keep an eye on the tamper proofing mechanisms (shrink wrap especially) and if you boot up your device and it is asking for PIN without showing "welcome" or setup then you should return it. With a bit of care up front, you can be pretty confident you aren't using a device that's been tampered with

[@rosalinda1965]

Absolutely,with the current situation of things going on right now,anyone financially stable could flee away with his family.

[@DanielGonzalez-yt3oc]

Hello thanks for the video. What tokens will I be able to transfer to the Ledger Nano?? I have several tokens in several exchanges and some in MetaMask and Trust. Thanks again!!!!

[@IamCoolhanD]

Hello Hashoshi ! Do you know how many crypto applications the NANO S plus can handle on its memory please ? is it as much as the NANO X ?

[@Hashoshi4]

yep same memory capacity

[@murrayhiggins3061]

Unfortunately Ledger was unable to even secure my pvt information like my name address and credit card data so I WOULD NOT TRUST THEM to do anything, especially when it comes to crypto. just a heads up.

[@martinlutherkingjr.5582]

🤣

[@mostlyharmless0544]

😅😂🤣

[@zonzura]

So what happens if Ledger goes bust?

[@Hashoshi4]

You have your seed phrase safely backed up, so you have control of your funds whether Ledger exists or not. That same standard seed phrase can be then used with any software/hardware wallet

[@plsreleasethekraken]

I turn the bluetooth off on Nano X

[@SANATKUMARAA]

XRP

[@cryptojacklavers4476]

Naah! Not a Ledger fan.. devices I bought were unusable, but they did this nft like thing where my (prior) email address was sold on to the dark web , so got phisong emails almost every day for years

[@eiracejas5604]

I was thinking on buying a nano s plus, but I’m reading all these comments I’m not sure no more. Help!!!

[@notaweirdchannel7424]

what's messed up are the scammers in the comments trying to prey on beginners trying their best to secure their tokens. Just stop and turn your damn life around

[@danielsinn5190]

bring back the Ledger Blue!!!!!!!!!!!

[@fabio_eth2100]

Your

[@billywade9746]

How can i get him?.....

[@fabio_eth2100]

[@williamwade7059]

What the heck is going on with the Ethereum and Solana networks? The Ethereum killers seem to be dying themselves.

[@Hashoshi4]

Yep, building this tech is a lot harder than people may think. We are still early.

[@Emmocrypto]

Pulsechain coming soon

[@cfx3]

This doesn't sound like a review but more like an advertisement...

[@silverdennis2318]

I'm of

[@tioyulanda6171]

WOW....amazing to see someone who trades with Mrs Eunice Mattia i am currently on my 7th trade with her and my portfolio has grown tremendously

[@lennartwaldehagen9062]

I'm a beginner. How can i get her assistance?

[@jasonanthony4662]

You are so right. I know because my advisor is able to find so many good plays. My portfolio literally went from $300k to $1.1m last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgement.

[@stanleydmello5758]

Very very complicated. I would like it to be simplified

[@seanw6812]

It’s unfortunately not very accessible.

[@Hashoshi4]

That is a very good point. HW wallets in general are not very accessible in general. :(

[@TravelerNi]

DON'T Buy IT NEVER! I don't recommend any ledger product. All very low quality!! The USB cable is garbage, the display of my Nano died, and my friends also told me the same!

[@dunnoyolo2238]

Does it work with iPhone and iMac ?

[@3err0]

tnx for wasting my money on this crap wallet. if i had read before buying it, i wouldv know that latest firmware leaves it with only 138kb , and BTC application is 62Kb for example and also not mentioning its a closed source code and also its a 5 year old product etc tnx agin for wasting my money on this i hope others will read this before buy

[@Hashoshi4]

What you’re describing is the Nano S, which is not the subject of this video. I have 14 applications on the Nano S Plus with latest firmware and room to spare, and the device came out this year.

[@3err0]

@@Hashoshi4 yeah sry i was in a too much of a hurry to buy wallet i didnt see, nor read more before bying it, im pissed off . why are they still selling it if its obsolete,. but im ok now after analyzing my tokens , which i dont have many, so i only need eth,hbar, and maybe binance applications,. and i will spare memory by using paper wallet for bitcoin, which is safest oh and to add, there are no trezor nor nano plus available in my country, and if i order it its gonna cost me double,.

[@madmax9850]

The old ledger nano S is a joke add DOT to it and memory is full🤣🤣🤣🤣

[@okeefe80]

Xeq trade ogre 🚀

[@murrayhiggins3061]

Unfortunately Ledger was unable to even secure my pvt information like my name address and credit card data so I WOULD NOT TRUST THEM to do anything, especially when it comes to crypto. just a heads up.