Trezor vs Ledger – Best Bitcoin Hardware Wallets Review

You must have gone through our last set of articles where we discussed wallets for storing Bitcoin. In proceeding article, we also covered Best Bitcoin Hardware Wallets!

While in the article we provided you with some options for the Best Bitcoin Hardware Wallets where we covered hardware wallets like Trezor, Ledger Nano S, Coolwallet S and KeepKey. We also provided some insights on these Best Bitcoin Hardware Wallets.

But, today our focus will be on two top Best Bitcoin Hardware Wallets, which are Trezor and Ledger Nano S.

Remember that in today’s market, these two; Trezor and Ledger stands out among the best Bitcoin Hardware Wallets and are considered as the favorites among Cryptocurrency investors, who like to long hold the Cryptocurrency coins….

We will find out which one’s the best in the battle Trezor vs Ledger.

Let’s check them out:

Ledger

A little introduction about Ledger!

Standing among the Best Bitcoin Hardware Wallets, Ledger is the perfect hardware wallet for storing Bitcoin and other Cryptocurrency coins. Considered as the benchmark for protecting Cryptocurrency coins, the Ledger is among the top 2 for storing Bitcoin and Altcoins securely.

Trezor

The same can be told about the Trezor, which easily can be considered among the Best Bitcoin Hardware Wallets. If we talk about the most famous ones for storing Bitcoin and Altcoins, there are the Best Bitcoin Hardware Wallets, which comes into the mind at the very first moment.

In the battle Trezor vs Ledger, lets analyze various aspects of both the Trezor and Ledger and find out which one’s the best among both and emerges as the winner in the battle Trezor vs Ledger.

 

Screen

trezor

When it comes to the screen, here is the fact for you that Trezor is the first Bitcoin Hardware Wallet to feature screen!

But in the current scenario, both the Trezor and Ledger features the screen, and thus your concern regarding the screen is being covered by both the Bitcoin Hardware Wallets. Below you will find both the Bitcoin hardware wallets for your better understanding on how they look.

You must be thinking, why display screens matters a lot, that we covered it here. In fact, the display screen allows you to make sure that the amount of the coins you are sending to someone is correct.

ledger

Also, the display screen allows you to see the recovery phrase.

When you compare the screen sizes of both the Best Bitcoin Hardware Wallets, you will find the Trezor having bigger screen, thus suiting more to the public.

Winner: Trezor

 

Size and Design

How both of Trezor and Ledger look like?

Here are the images for your satisfaction.

If you would check out, you will find that the Trezor is little square shaped, while the Ledger is an elongated and is more like a pendrive in the appearance……

What’s the best and more suitable for you depends on the clothing of yours and even on the comfort level of the person. But for me, my choice would be ledfer (if just the size and design is talked about!).

Winner: Ledger

 

Material

The trezors are made of plastic, while the ledgers are made of the stainless steel encasing, which provides the device better protection in comparison to the trezor Bitcoin Hardware wallets. However, there are some new products of Trezor which are being launched recently, which are made of metallic and stainless steel body.

Winner: Ledger

 

Software Support

In the battle Trezor vs Ledger , the software sup[port indeed plays a pivotal role.

Here is the software support of both the Best Bitcoin Hardware Wallets, as mentioned in the table:

App Trezor Ledger Nano S
Electrum Yes Yes
MyEtherWallet Yes Yes
Mycelium Yes Yes
Copay Yes Yes
GreenBits Yes Yes
MultiBit HD Yes x
MyTrezor Yes x
Ledger Chrome x Yes

Winner: Trezor

 

Ease of handling and operation

The process of setup is more or similar in case of both the Best Bitcoin Hardware Wallets. The Trezor and Ledger both works on all three platforms; Windows, Mac and Linux. The setup process of both the Trezor and Ledger is quite similar and require the connection to the computer via USB Cable.

The setup process of both Trezor and Ledger is quite easy and involves two basic steps like setting a PIN Code and writing down the backup of recovery seeds.

So, what are the recovery seeds?

It’s the series of 24 random words which are generated by the Bitcoin wallets and are useful in case you forget you private key to access your Cryptocurrency wallets.

Winner: It’s a Tie!

 

Security aspects

As both belong to the list of Best Bitcoin Hardware Wallets, there’s no compromise at all, in regard to the security of your stored Cryptocurrency coins…..

Both the Trezor and Ledger Nano S, offers the highest level of security and the security features are similar to each other. They both offers the Recovery seeds as said earlier and both comes with PIN, thus any unauthorized access to the coins is not possible at all!

Winner: It’s a Tie again!

 

Cryptocurrency Coins Support

The most important aspect, which plays a decisive factor in majority of cases are the number of Cryptocurrency coins, Trezor and Ledger supports.

In the battle Trezor vs Ledger, the number of Cryptocurrency Coins Support plays an important and thus this particular aspect, must be looked at with utmost care.

As per Ledger, the Cryptocurrency coins support by their hardware wallets counts to the 1185 Cryptocurrency coins as of 8th Feb 2019. However, you must keep in mind that the ledger comes in various types, like Ledger Nano X, Ledger Nano S, Ledger Blue and  Ledger live, and each have their own list of Cryptocurrency coins support. The Ledger Nano X supports the most number of coins i.e. 1185 coins while the Ledger Nano S supports nearly that number. The Ledger Live supports the least number of Cryptocurrency coins.

The Trezor also features two types of Bitcoin wallets; namely Trezor One and Trezor Model T.  The Trezor supports relatively a very low number of Cryptocurrency coins and the number is drastically low as compared to Ledger and the number is somewhere in the region of 1000 or something as of 8th Feb 2019.

Winner: Clearly Ledger!

 

Box content

If you purchase, either of the Best Bitcoin Hardware Wallets, you would like to know, what comes in the box! Isn’t it?

Here’s the list of items which you will get from the box:

Trezor Box Content

Trezor

Strap

USB Cable

Instruction Card

x2 Recovery Seed Cards

Ledger Box Content

Ledger

USB Cable

Key Chain

Lanyard

Instruction Card

Recovery Card

Winner: It’s a Tie!

 

Pricing

Now we come to the final aspect comparison in the battle Trezor vs Ledger.

The pricing is one crucial factor which decides who’s the clear winner. The sale of course depends a lot on the pricing of the product and the same applies here.

Let’s talk about the pricing of Trezor and Ledger:

Trezor

Prices at official store

Trezor One White – 83.49 Euros

Trezor One Metallic – 605 Euros

Trezor Model T – 180.29 Euros

Trezor One Black + Cryptosteel – 180.29 Euros

Trezor Model T+ Cryptosteel – 277.09 Euros

Trezor Ultimate Pack – 330.33 Euros

Buy from Amazon.in (For Indian Customers)

Buy from Amazon.com

Trezor Model T – 159.99 Euros

 

Ledger

Prices at official store

Ledger Nano X – 120 Euros

Ledger Nano S – 62 Euros

Ledger Blue – 239 Euros

Buy from Amazon.in (For Indian Customers)

Buy from Amazon.com

Ledger Nano S – 47 Euros

Ledger Blue – 175.60 Euros

 

Verdict: For me, it’s the Ledger

Conclusion

The choice among these Best Bitcoin Hardware Wallets is entirely dependent on the personal choice. While, we laid down all the comparison charts here when it comes to the Trezor vs Ledger, the final decision completely depends on your preference!

 

 

 

 

 

 

 

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