Ledger Nano S Plus vs SafePal S1
- Comparing
- two wallets
- Decided by
- Editorial rating
- Last reviewed
- 2026-08-26
Ledger's $59 entry device: the same certified secure element as the $399 Stax, no Bluetooth, and no iPhone support at all.
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.
| Fact | Ledger Nano S Plus | SafePal S1 |
|---|---|---|
| Editorial rating | 4.3 (favoured on this row) | 3.5 |
| Status | Available | Available |
| Made by | Ledger | SafePal |
| Price | $59 | Not published |
| Who holds the keys | self-custodial, keys held in a CC EAL6+ certified secure element chip | self-custodial, keys held offline on a device with no USB data, WiFi, Bluetooth or NFC connection |
| Bitcoin-only | No | No |
| Runs on | Android, Windows, macOS, Linux | iOS, Android |
| Screen | 1.1 inch monochrome OLED, 128 x 64 pixels, with two physical buttons | Small color screen with a camera for reading QR codes |
| Connectivity | USB-C only, for desktop and Android use; no Bluetooth and no battery | QR codes only: no USB data, WiFi, Bluetooth or NFC |
| Released | 2022 | Not stated |
| Countries on the maker's list | 218 | No published list |
| Last reviewed | 2026-08-26 | 2026-08-25 |
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
Every other head-to-head Ledger Nano S Plus or SafePal S1 appears in.
- BitBox02 vs Ledger Nano S Plus
- Blockstream Jade vs Ledger Nano S Plus
- Coldcard vs Ledger Nano S Plus
- Foundation Passport vs Ledger Nano S Plus
- KeepKey vs Ledger Nano S Plus
- Keystone 3 Pro vs Ledger Nano S Plus
- Ledger Flex vs Ledger Nano S Plus
- Ledger Nano S Plus vs Ledger Stax
- Ledger Nano S Plus vs Ledger Nano X
- Ledger Nano S Plus vs OneKey
- Ledger Nano S Plus vs Tangem Wallet
- Ledger Nano S Plus vs Trezor Safe 3
- Ledger Nano S Plus vs Trezor Safe 5
- BitBox02 vs SafePal S1
- Blockstream Jade vs SafePal S1
- Coldcard vs SafePal S1
- Foundation Passport vs SafePal S1
- KeepKey vs SafePal S1
- Keystone 3 Pro vs SafePal S1
- Ledger Flex vs SafePal S1
- Ledger Stax vs SafePal S1
- Ledger Nano X vs SafePal S1
- OneKey vs SafePal S1
- SafePal S1 vs Tangem Wallet
- SafePal S1 vs Trezor Safe 3
- SafePal S1 vs Trezor Safe 5
