Ledger Hardware Wallet Review — Still the Default Choice in 2026?

Oct 9, 2026Self-Custody

Ledger is the most recognised name in hardware wallets, but recognition isn't the same as being the right pick for everyone. This review covers what changed, what didn't, and where the trade-offs sit.

The lineup

Nano S Plus (cable-only, screen, solid for desktop users) and Nano X (Bluetooth for mobile use). Both offer covered storage capacity and multi-asset support.

Security model

Secure Element chip, seed generated on-device, firmware updates. The closed-source Secure Element vs fully open-source alternatives is a real trade-off: Ledger's approach is battle-tested but less verifiable.

Recovery options

Ledger Recover split-seed service — how it works and the community controversy so you can judge for yourself.

Who should buy one

Serious holders who want multi-asset support and a mature ecosystem. Who shouldn't: people who just want the simplest possible cold wallet (point them to card-style options).

For more, see our custody hub and our best Bitcoin wallets UK guide.

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