Ledger, the global leader in crypto hardware wallets, is phasing out the Ledger Nano S, formerly the world’s most popular cold storage device. This transition affects millions of users and has sparked major security concerns over potential seed phrase theft and scams.
Ledger Nano S =/= Ledger Nano S plus
The Ledger Nano S was manufactured and produced from 2016 to 2022 and has since been discontinued.
It is not equivalent to the newer Ledger Nano S Plus (Nano S+), which is an upgraded model (with more memory and ongoing support) and remains available via the BitcoinVN Shop.
If you are using a Ledger Nano S Plus, you are not affected by the phase-out of the Ledger Nano S.
BitcoinVN Shop stopped selling Ledger Nano S devices several years ago. Since then, any remaining units have only been provided as free decoy wallets alongside purchases of newer-generation Ledger hardware wallets.
Ledger Nano S support is ending: What does this mean?
According to official notices provided by the French market leader, Ledger has confirmed that the Ledger Nano S will no longer receive long-term support. While the device won’t stop working overnight, its capabilities will slowly become outdated over time.
Key impacts of the phase-out include:
- Lack of firmware updates: The device may no longer receive critical system patches.
- Limited asset support: Due to hardware and memory constraints, users may be unable to install apps for newer coins, tokens, or updated protocols.
- Reduced security & functionality: The hardware may become incompatible with future security protocols and features.
Ledger is strongly advising users to migrate to modern alternatives, such as the Ledger Nano S Plus. While your current Nano S remains functional for now, the “phasing out” process means its security standards and compatibility will steadily decline, making an upgrade essential for long-term safety.
Why is Ledger stopping support for the Ledger Nano S?
Ledger is stopping support for the Nano S mainly because the hardware is old. The Nano S was released a long time ago. It has a very small memory and an old design, so it can no longer handle new security updates or the growing number of crypto apps. Today, the crypto world is changing fast, so wallets need more space and better performance.
Besides the technical reasons, this is part of Ledger’s long-term plan. The company wants to focus on newer devices like the Ledger Nano S Plus and Ledger Nano X. These new models offer better security and work better for users. In the tech industry, this is normal: old devices are replaced by new ones to keep everything safe and running smoothly.
Do you need to throw away your Ledger Nano S right away?
The answer is no. You don’t have to stop using your Ledger Nano S immediately if it is still working fine and you follow safety rules. Ledger is ending support slowly, not all at once. In the short term, you can still use the Nano S to keep and manage your crypto, especially if you only hold popular coins and don’t need new apps.
However, in the long run, staying with the Nano S will have many limits. Because it won’t get new firmware or security updates, the device may become less safe. It might struggle to work with new blockchains or apps and could have errors in the future. As the crypto world changes, a device without official support will slowly become less stable and reliable.
Instead of panicking and upgrading right now, you should plan to move to a new device when you are ready. The most important thing is not how fast you upgrade, but how safely you do it.
Be very careful: Never type your seed phrase into unknown websites or follow suspicious guides, as scammers are currently using the “Nano S phase-out” news to trick people.
Best alternatives for the Ledger Nano S
Since Ledger is slowly ending support for the Nano S, many people are looking for a new, safer wallet for the long term. Here are the best options today:
Ledger Nano S Plus: The easiest upgrade
Ledger Nano S Plus is the best choice if you want to stay with Ledger. It has a bigger memory, so you can install many crypto apps at once. It works perfectly with the Ledger Live app, so you don’t have to learn a new system.
Ledger Nano X: More features and mobile-friendly
The Nano X is great for people who have many different coins or want to manage their money on a phone. It has Bluetooth, a large memory, and a better screen. It is more flexible for daily use than the Nano S.
Ledger Stax
If you want to stay within the Ledger ecosystem and upgrade to a newer device – and have the budget for it – the Ledger Stax is Ledger’s most recent premium hardware wallet.
It features a larger E-Ink touchscreen, making it easier to read addresses and confirm transactions directly on the device. This can help reduce mistakes when sending funds.
Ledger Stax uses the same security foundation as other Ledger devices and is intended for users who want a more comfortable screen and long-term support. It is an optional upgrade – not required – but may be a good choice if you are moving away from older models like the Ledger Nano S and are looking to “buy once” for a premium, easy-to-use daily driver.
There are also other wallets like Coldcard or Blockstream Jade. These are often best for people who only hold Bitcoin or want a very simple design at a low price. However, you should check if they support the specific coins you own before buying.
Tips before choosing alternatives for the Ledger Nano S
When you think about upgrading or switching to a new hardware wallet, choosing the right one depends on your personal needs and how you manage your money. Here is some helpful advice to help you make a smart choice:
1. Know your needs first, think about these questions:
- How many different coins do you own?
- Do you trade often, or do you just want to hold for a long time?
- Is security your top priority, or do you prefer something easy to use? Knowing what you need will help you pick a device with the right features so you don’t waste money on things you don’t use.
2. Choose a device with long-term support:
A good device should get regular security updates from the company. When picking a new wallet, check:
- Does the company update the software often?
- Is there a clear warranty and good customer support?
3. Buy only from official sources
Choosing a hardware wallet is not just about picking a famous brand like Ledger or Trezor. Where you buy it matters just as much. A hardware wallet is the main tool to protect your money. If someone changes the device’s hardware or software before it reaches you, your money could be stolen, and you can never get it back.
Therefore, you should:
- Buy only from official stores or authorized dealers to make sure the device is brand new and the seal is not broken.
- Avoid buying used devices, display models, or wallets from strangers. These items might have “backdoors” installed by hackers to steal your seed phrase.
- Carefully check the seals and official papers to make sure the product is 100% genuine.
BitcoinVN Shop is one of the most trusted stores in Vietnam. They provide official hardware wallets from top brands like Ledger and Trezor. When you buy from BitcoinVN Shop, you get:
- Brand new products with original seals.
- Helpful advice on how to use, protect, and upgrade your device
- Fast and direct shipping within Vietnam & no self-import hassle
- Ability to pick up your device in person to protect your privacy
Choosing a trusted dealer like BitcoinVN Shop gives you peace of mind, from the moment you buy to the long-term safety of your crypto assets.
4. Have a safe plan for your seed phrase
Moving your seed phrase to a new device is the most dangerous step. To stay safe, NEVER:
- Type your seed phrase into any website.
- Follow instructions from strange emails or messages.
- Enter your phrase on a computer or phone connected to an unsafe internet.
5. Don’t rush, plan your upgrade
You don’t need to change your device immediately if your Ledger Nano S is still working well. However, it is a good idea to plan an upgrade in the near future to:
- Ensure your wallet remains compatible with new blockchain and software updates
- Maintain strong security over the long term
- Avoid issues once the device is no longer supported
If you would like professional guidance to help you transition safely, our team at BitcoinVN Consulting offers dedicated 1:1 consulting sessions as a professional service.
Remember, there is no best device for everyone. The right choice depends on how you manage your money, how many coins you own, and how much flexibility you need.
