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NFT News

Ledger Launches Nano S Plus Hardware Wallet For NFT Support

The extension of Ledger Nano S can manage over 5500 digital assets and is compatible with DeFi and NFTs, giving a full Web3 package.

Written By Renuka Tahelyani
Published 2022-04-07
Make The Crypto Times preferred on GoogleGoogle
Ledger Launches Nano S Plus Hardware Wallet For NFT Support

One of the most trustworthy crypto hardware wallet brands Ledger announced the Ledger Nano S Plus, an extension of the popular Ledger Nano S released in 2016. Ledger Nano S Plus is a hardware wallet developed especially for the storage and management of NFTs.

🔥 The Ledger Nano S Plus is now available! 🔥

It’s everything you love about the Nano S – and more:

💹 Manage 5500+ digital assets
🖼 Manage your #NFTs
📲 Bigger screen
🤳 Have up to 100 apps installed at once
🔐 Ledger’s top-level security

Get yours: https://t.co/WwKPvRlkpX pic.twitter.com/TkywAxxmYR

— Ledger (@Ledger) April 5, 2022

The Nano S Plus is compatible with desktop and Android Mobile via USB cable, just like the Ledger Nano S, however it varies in that it is created with NFT collectors in mind, with a larger screen display and more memory.

Pascal Gauthier, Chairman & CEO of Ledger, said, “The Ledger Nano S Plus is a Nano S on steroids. It provides you with more space to freely enjoy the ever-expanding world of DeFi and NFTs.”

The Ledger Nano S Plus supports clear signing through Ledger’s web app to ensure the safety of NFT collectors when signing transactions.

Explaining the clear signing feature, Ian Rogers, Chief Experience Officer of Ledger, said, “Billions of dollars in transactions happen via ‘blind signing,’ monthly and those are all vulnerable transactions. Fortunately, the Nano S Plus connected to Ledger Live allows users to see their transaction details when signing, ‘clear signing,’ and users should avoid signing transactions when they can’t see this information”.

Their announcement reads: Whether you buy, sell, swap, grow your digital assets, display an NFT or play a blockchain game, you don’t have to sacrifice either convenience or security. 

Its features also include:

  • A storage capacity of 1.5 megabytes that can support up to 100 apps at the same time.
  • Support of over 5,500 different digital assets, as well as the ability for developers to test their app directly on the device.
  • With a price tag of $79, it’s an affordable option for a first-time user embarking on a journey with cold storage.
  • It is DeFi and NFT-compatible with a CC EAL5+ secure chip.

Ledger sold out 10,000 units within three days as part of the limited Genesis edition release of the wallet. And now it’s available for all without limit.

Hardware wallets are secure because they are separate specialized devices that are kept offline and store the encrypted private key. With the rapid growth of NFTs as digital assets, their security is becoming increasingly important.

Keeping that in mind, blockchain security firm SecuX had announced earlier to launch SecuX Nifty, the world’s first-ever hardware wallet designed for NFT collectors.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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