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Ledger Nano S Plus vs Kraken - Crypto Wallet Comparison Overview

After performing an in-depth analysis of Ledger Nano S Plus vs Kraken crypto wallets & their features, we have grouped the represented data into 9 different sections to help you process the information easier & quicker. If you want to get a brief understanding of Ledger Nano S Plus vs Kraken comparison results, take a glance at the short table below.

By comparing Ledger Nano S Plus vs Kraken overall scores, we clearly see that Ledger Nano S Plus has the higher overall score of 9.0. Kraken, on the other hand, has scored 7.0 final points.

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Main score based on expert evaluations & real user reviews.

Whether the crypto wallet is hardware, software, desktop or paper type.

For which purpose or for what kind of people is the cryptocurrency wallet best for.

Final crypto wallet evaluation conclusion based on research, expert opinions & user feedback.

Ledger Nano X logo
LEDGER NANO X
Ledger Nano S Plus logo
LEDGER NANO S PLUS
Kraken logo
KRAKEN

Overall Score

9.6
9.0
7.0

Wallet Type

Hardware Hardware Software

Best For

Best for Safely Storing, Sending, and Receiving Different Cryptocurrencies Best for Safe Coin & Token Storage Crypto-To-Crypto and Margin Trading

Verdict

One of the best hardware cryptocurrency wallets ever made. The new-and-improved Nano S hardware cryptocurrency wallet from Ledger. A top-tier cryptocurrency wallet, especially for beginner crypto enthusiasts who want to keep things simple.
Visit site Read review Visit site Read review See TOP10 Brands Read review

Ledger Nano S Plus vs Kraken Crypto Wallet Comparison Data

Compare Ledger Nano S Plus vs Kraken side by side by checking this comprehensive cryptocurrency wallet comparison data chart. Measure the most important wallet metrics against each other & see who wins as the better crypto wallet!

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The main advantages of a certain cryptocurrency wallet.

The main disadvantages of a certain cryptocurrency wallet.

Score that represents the ratio of the quality & advantages you get for a certain price.

How easy & intuitive it is to use a certain crypto wallet.

Most popular hand-picked deals & coupons.

Overall level of security & safety of your assests offered by a certain crypto wallet.

Whether the crypto wallet requires two-factor authentication as an extra layer of security when completing an action.

Whether the crypto wallet requires multiple keys to authorize a transaction as an extra layer of security.

Whether the crypto wallet requires a Pin code as an extra layer of security when completing an action.

The general anonimity level of your data.

What kind of methods of recovering your cryptocurrency assets in case you lose your wallet or forget your primary password does the wallet offer.

Who owns your private keys.

The level of control you have on the crypto wallet.

Amount of cyprotcurrencies that are supported in a certain cryptocurrency wallet.

Amount of tokens that are supported in a certain cryptocurrency wallet.

Whether or not the crypto wallet supports the Ethereum token.

Whether or not the cryptocurrency wallet is compatible with other wallets & which.

Whether or not the crypto wallet supports the original BTC addresses that start with "1".

Whether or not the crypto wallet supports newer BTC addresses that came to be due to a soft fork. These addresses start with "3".

Whether or not the crypto wallet supports these specific types of BTC SegWit addresses. These wallet addresses start with "bc1".

Wallet Software

What kind of actions you can carry out via certain cryptocurrency wallet

Whether or not the users can control the transaction fees according to their personal needs.

What kind of additional features does each cyrpto wallet offer.

Is the crypto wallet open source or closed source.

How helpful and responsive is each cryptocurrency wallet's customer support.

What kind of connectivity methods are used for each wallet's management.

Through which mediums can you manage & control your crypto wallet.

Whether or not (and for how long) the crypto wallet offers a time period in which you can return the wallet free of cost.

The lowest cost of each brand's product. These are regular prices without discounts.

What kind of additional fees you may have to pay for extra services.

Whether or not the cryptocurrency wallet accepts payments via bank wire transfer.

Whether or not the cryptocurrency wallet accepts payments via debit or credit card.

Whether or not the cryptocurrency wallet accepts payments via PayPal.

Whether or not the cryptocurrency wallet accepts cryptocurrency payments.

Full legal business name of the cryptocurrency wallet.

The location where the cryptocurrency wallet company is based.

The year when the crypto wallet was established.

Ledger Nano X logo
LEDGER NANO X
Ledger Nano S Plus logo
LEDGER NANO S PLUS
Kraken logo
KRAKEN

Pros

  • Can be managed from mobile device
  • Very secure
  • Supports more than 5500 cryptocurrencies
  • Comfortable design
  • Top-tier security
  • DeFi app support
  • Store over 5500 assets, install up to 100 apps simultaneously
  • Fair-priced
  • NFT support (with Ledger Live)
  • Larger display screen
  • Built-in exchange functionality
  • Full SegWit wallet support
  • Very secure and reliable
  • Decent withdrawal fees
  • Can withdraw fiat money

Cons

  • Relatively expensive
  • Button placement could be better
  • Limited wallet functionality

Value For Money

Ease of Use

Latest Coupons

All Ledger Nano X Coupons See All Coupons of Best Wallets See All Coupons of Best Wallets

Security

Security Level

|
|
|
|
|
Very Poor
Average
Excellent
|
|
|
|
|
Very Poor
Average
Excellent
|
|
|
|
|
Very Poor
Average
Excellent

2FA Two-factor Authentification

Multi-signature

Pin Code

Anonimity Level

|
|
|
|
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Very Poor
Average
Excellent
|
|
|
|
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Very Poor
Average
Excellent
|
|
|
|
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Very Poor
Average
Excellent

Backup Type

24-word seed phrase or Nano S Plus 24-word recovery phrase 12-word seed phrase

Private Key Owner

You You Kraken

Full Wallet Control

|
|
|
|
|
No
Partial
Yes
|
|
|
|
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No
Partial
Yes
|
|
|
|
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No
Partial
Yes

Supported Crypto

Number of Supported Crypto

+100
See Full List
+100
See Full List
+20
See Full List

Number of Supported Tokens

+5500
See Full List
+5500
See Full List
+250
See Full List

ERC20 Support

Compatibility With Wallets/Exchanges

MetaMask, Exodus + 28 more MyEtherWallet, MetaMask + more MetaMask, Ledger, + more

Legacy Addresses

SegWit

Bech32

Software Features

Wallet Software

Android
iOS
Windows
macOS
Linux
Windows
macOS
Linux
Android
iOS
Android
iOS
Browser extension

Software Functions

Receive
Send
Store
Store
Send
Receive
Trade
Stake
Trade
Store
Send

Transaction Fee Control

Extra Features

Password Manager
Up to 100 apps
Exchange Functionality

Transparency

95% Open-Source Open-Source Open-Source and Non-Custodial

Customer Support

|
|
|
|
|
Very Poor
Average
Excellent
|
|
|
|
|
Very Poor
Average
Excellent
|
|
|
|
|
Very Poor
Average
Excellent

Connectivity

Wallet Connectivity

Bluetooth
USB
Wi-Fi
USB
Wifi
Wi-Fi

Wallet Control

Mobile
Desktop
Mobile
Desktop
Mobile
Desktop

Pricing

Money Back Guarantee

14 days 14 days No

Base Price

149 EUR 79 USD 0 USD

Service Fees

N/A - 0% to 0.26% per trade, 3.75% + €0.25 for credit card purchases, and 0.5% for online banking processing

Payment Methods

Wire Transfer

Credit/Debit Card

PayPal

Cryptocurrency

Company’s info

Full Company Name

Based in

Paris, France Paris, France San Francisco, USA

Year of Origin

2014 2016 2011

Check Official Website

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Ledger Nano S Plus vs Kraken Technical Comparison Results

The Value for Money score is one of the most important factors you should consider, as it can tell you whether the crypto wallet comes with the best quality and price ratio, or if the brand lacks in one of these aspects. While comparing Ledger Nano S Plus vs Kraken, we can see that Ledger Nano S Plus has a higher Value for Money score compared to Kraken.

Another highly important aspect is the Security Level - it can tell you how safe your crypto assets will be if stored in a certain wallet. After doing Ledger Nano S Plus vs Kraken comparison, it’s evident that Ledger Nano S Plus has somewhat better security features than Kraken. The Number of Supported Crypto section can tell you just how many & which cryptocurrencies you can conveniently hold in a single cryptocurrency wallet at the same time. After comparing Ledger Nano S Plus vs Kraken, it’s clear that Ledger Nano S Plus has the higher number of supported crypto with +100 cryptocurrencies available, while Kraken supports +20 different cryptocurrencies.

It’s also really important to evaluate a wallet's customer support, as you might have some important questions or even issues that will need to be resolved right away. According to our Ledger Nano S Plus vs Kraken comparison research & gathered data, the better customer support is presented by Ledger Nano S Plus, which offers fast & sincere help when their customers need it.

Comparison Summary

The Ledger Nano S Plus vs Kraken online crypto wallet comparison tool revealed that Ledger Nano X has better features & higher in-depth evaluation scores than Ledger Nano S Plus and Kraken.

But when comparing these brands to the whole crypto wallet market, Ledger Nano X takes the lead as the best-rated online crypto wallet among its competitors and is a more suited choice for you.

When it comes to Ledger Nano X supported coins, the device is compatible with more than 5,500 cryptocurrencies. That being said, you’ll be able to store not only the most popular but also less-known coins and tokens.

I hope that this Ledger Nano X review was helpful and you managed to find all the information that you were looking for. Whatever you decide, always know that cold wallets can protect your cryptocurrencies best.

Read Full Ledger Nano X Review

Best User Reviews of Compared Crypto Wallets

5.0/5.0 - Ledger Nano X User

Perfect combo

Cold wallets are my favourite due to security they guarantee, but the Ledger nano x more convenient than other alternatives because of the BT connection feature

5.0/5.0 - Ledger Nano X User

Love this device

This ledger x review is only giving me more reasons to appreciate the company more :D The creators have thought of everything that is security related and users don't have to sacrifice convenience!!

5.0/5.0 - Ledger Nano S Plus User

Better

The bigger, the better. New ledger shows more information in the screen, very good!

4.2/5.0 - Kraken Wallet User

Fan of Binance

Krakan is not my cup of tea, but overall it's a decent wallet

Read All Ledger Nano X User Reviews
LEDGER NANO X
LEDGER NANO S PLUS
9.6
VS
9.0
LEDGER NANO X
BINANCE
9.6
VS
8.6
LEDGER NANO X
COINBASE WALLET
9.6
VS
8.4


The Process Behind Ledger Nano S Plus vs Kraken Comparison

We Gather Ledger Nano S Plus vs Kraken

1. We Gather

To make this Ledger Nano S Plus vs Kraken comparison as accurate and fact-based as possible, we collect all the data from verified sources only. We gather opinions & real-life experiences from real users, as well as measure and test out various aspects ourselves.

We Measure Ledger Nano S Plus vs Kraken

2. We Measure

To make sense of the gathered Ledger Nano S Plus vs Kraken comparison data, our experts analyze & aggregate it using data structuring methods. Whether it’s security aspects or software features, the information is filtered out to remove any untruthful or biased claims.

We Score Ledger Nano S Plus vs Kraken

3. We Score

To make the gathered & measured data more understandable and useful, each aspect is evaluated with a clear score, scale, or a short verdict. In this Ledger Nano S Plus vs Kraken comparison, our goal is to help you choose the best just by glancing at the charts.

You Pick Ledger Nano S Plus vs Kraken

4. You Pick

Our goal is to provide you with the clearest, factual & useful data out there. After we compare Ledger Nano S Plus vs Kraken head-to-head, it’s up to you to decide which cryptocurrency wallet is the best for your needs. Take your time & choose wisely!

FAQ

Which aspects are the most significant while comparing Ledger Nano S Plus vs Kraken cryptocurrency wallets?

The first aspect you should give your attention to is the wallet type, as it reveals a lot about the product and its security. Usually, hardware wallets are the most popular for their high level of safety. Another important aspect is the number of supported coins, as some wallets may not be able to hold the cryptocurrency you possess. You should also consider the helpfulness of a brand's customer support & read some general feedback of other customers on how their issues were resolved. And, of course, price & payment methods are important as well, but in the world of crypto wallets, “free” often means a lower security level, so do not shy away from spending a little bit more for the safety of your crypto!

How should I know which crypto wallet is the best for me?

First, you need to consider your experience & knowledge level - decide whether you are a beginner, or an advanced user. Are you looking for a free wallet only, or are you willing to spend a little bit more for the sake of security and extra features? You should also consider how many & which coins you want to hold in one wallet. Our crypto wallet comparisons can help you answer all these questions.

What is the best cryptocurrency wallet type?

While wallets are highly preference-dependent, the most secure options are still going to remain paper and hardware wallets. The two types of cryptocurrency storage are going to allow you to retain the utmost security of your crypto coins - much better than, say, keeping them in an online exchange.

What types of cryptocurrency wallets are there?

In total, there are four big types of cryptocurrency wallets - online, hardware, software (app), and paper ones. Each of these types of wallets have their own features, benefits, and shortcomings, and are thus going to be suitable for different types of people, too. Security-wise, paper wallets are seen as the best alternative, while convenience-wise, software and online ones should be your go-to options.

What are “hot” and “cold” wallets?

Hot wallets are those crypto storage pieces of software that maintain a constant connection to the internet. As opposed to that, cold wallets are hardware devices that store your cryptos offline. Safety-wise, cold wallets are considered the best option - since they are always offline, you don't need to worry about some sort of a hacker stealing all of your cryptocurrency assets.

Are hardware wallets worth investing in?

It depends, but in most cases - yes. If you're just starting out with cryptocurrency trading and investing, a hardware wallet might be a bit of an overkill - it is generally considered that hardware wallets should be purchased once you have a significant amount of crypto, and want to keep it safe. If you're an active trader, that can also dissuade the matter even further - trading-wise, software and online wallets are much more convenient.

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