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Ledger Nano S Plus vs SafePal S1

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-26
Ledger Nano S Plus4.3

Ledger's $59 entry device: the same certified secure element as the $399 Stax, no Bluetooth, and no iPhone support at all.

SafePal S13.5

Budget air-gapped signer with no USB data, WiFi, Bluetooth or NFC: every transaction crosses as a scanned QR code.

Verdict: Ledger Nano S Plus

Ledger Nano S Plus rates higher on our rubric: 4.3 against 3.5 for SafePal S1.

Criterion
Editorial rating
Ledger Nano S Plus
4.3
SafePal S1
3.5

Ledger Nano S Plus and SafePal S1, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Ledger Nano S Plus and SafePal S1 compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactLedger Nano S PlusSafePal S1
Editorial rating4.3 (favoured on this row)3.5
StatusAvailableAvailable
Made byLedgerSafePal
Price$59Not published
Who holds the keysself-custodial, keys held in a CC EAL6+ certified secure element chipself-custodial, keys held offline on a device with no USB data, WiFi, Bluetooth or NFC connection
Bitcoin-onlyNoNo
Runs onAndroid, Windows, macOS, LinuxiOS, Android
Screen1.1 inch monochrome OLED, 128 x 64 pixels, with two physical buttonsSmall color screen with a camera for reading QR codes
ConnectivityUSB-C only, for desktop and Android use; no Bluetooth and no batteryQR codes only: no USB data, WiFi, Bluetooth or NFC
Released2022Not stated
Countries on the maker's list218No published list
Last reviewed2026-08-262026-08-25

Pros and cons, side by side

Ledger Nano S Plus

What works

  • Cheapest current Ledger at $59 on Ledger's own store
  • Same ST33K1M5 secure element, certified to CC EAL6+, as the $399 Stax
  • Far more coin app storage than the original Nano S it replaced
  • No Bluetooth and no battery, so there is no radio attack surface and nothing to wear out

What to watch

  • No iOS support: Ledger's system requirements list Windows, macOS, Ubuntu and Android only
  • Cable only, so you cannot sign from a phone without plugging in
  • The 128 x 64 pixel screen turns checking a long address into a multi step scroll
  • Closed source firmware, unlike Trezor and BitBox

SafePal S1

What works

  • No USB data, WiFi, Bluetooth or NFC: the only channel in or out is a QR code on a camera
  • SafePal's budget cold storage line, positioned below the newer Bluetooth X1
  • Broad asset support with swap, buy and DeFi features for people who hold more than bitcoin
  • SafePal accepted an outside security report from Kraken Security Labs and shipped a fix

What to watch

  • Not bitcoin-only, and the companion app is a broad crypto app rather than a focused signer
  • The February 2021 Kraken disclosure showed the firmware update check could be downgraded without the user noticing
  • Verification happens on a small screen, which makes careful address checking slower
  • SafePal publishes no shipping country policy, pointing at a reseller network instead

Frequently asked questions

Is Ledger Nano S Plus or SafePal S1 better?

Ledger Nano S Plus rates higher on our rubric: 4.3 against 3.5 for SafePal S1. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Is Ledger Nano S Plus or SafePal S1 bitcoin-only?

Neither: both support assets beyond bitcoin. Ledger Nano S Plus: Bitcoin plus more than 500 assets in the Ledger Wallet app, and thousands more through third party wallets. SafePal S1: Multi-asset: bitcoin among a long list of chains and tokens, managed through the SafePal app.

The full reviews: Ledger Nano S Plus and SafePal S1, each with its sources, and every wallet we review.

More comparisons

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