- It is built with the best tamper proof material to prevent it from physical damages and harm
- It is very secure, since it is a hardware wallet
- To increase its security, Ledger Nano S wallet stores private keys offline
- It can store Litecoin, Ethereum and Tron
- It is expensive to get your own physical wallet
- It requires great inital knowledge before it can be used
- It is not as fast as some hot wallets
- It is not very user friendly
- It takes time to get your own wallet after placing an order