Choosing a hardware wallet is difficult when Ledger and Trezor are your only options. These two are leading hardware wallet brands available for digital assets. Both have outstanding features and top-notch security. So, which of the two should you go for when shopping for a cold wallet? Here’s a Ledger vs Trezor comparison article to help you out. 



Ledger Overview

Ledger wallet is a brand name for one of the most popular hardware cryptocurrency wallets. The brand has several models including Ledger Nano S and Ledger Nano X. Here are some pros and cons of using this hardware wallet.


  • Most secure hardware wallet
  • Allows users to exchange and even grow their cryptocurrency holdings and NFTs
  • More affordable than most brands


  • Some models do not support buying cryptocurrencies
  • Certain models have very limited storage


Trezor Overview

Trezor wallet is another leading cold storage wallet for digital assets. A cold storage wallet is the same as a hardware wallet. Like Ledger wallet, Trezor is also a brand name. Under the brand, users will find two models, the Trezor Model T and the Trezor Model One. Let’s explore some of the pros and cons associated with Trezor Wallets.


  • Allows users to buy, sell, receive and monitor their crypto assets.
  • Supports a wide range of tokens.
  • Allows users to purchase crypto using fiat.


  • It is more expensive than other brands
  • Has a bulkier design than other brands
728x90 - 1xBit

Trezor vs Ledger Wallet: Model Comparison

Trezor and Ledger wallets both have two models. For each brand, one of the models is an advancement of the other. These advancements may impact the accessibility and use of wallets, but they hardly affect security. Let’s compare each brand’s model to the others to see what benefits users get.

Trezor One vs Ledger Nano S

Trezor Model One and Ledger Nano S are the flagship models for Trezor and Ledger wallets. These wallets were the pioneers, so some of their features may be less advanced than later models. Still, these wallets have some of the best security features that future models have borrowed. However, their significant downside is they may have less advanced interfaces and storage. 

The most outstanding trait of the Ledger Nano S is its affordability. This wallet costs about $59, which is lower than most cold storage wallets. Besides, its price does not affect its features. Even at this affordable price, Ledger Nano S still has high-level security and supports at least 1100 currencies. However, its major shortcoming is its storage. Ledger Nano S can only support three to five applications, making it only suitable for investors with a small portfolio.

On the flip side, Trezor Model One is popular for the wide range of assets it supports. The wallet grants access to over 1000 crypto assets and allow users to purchase crypto using fiat. However, this wallet does not support iOS, which is one of its most significant flaws.

Here’s a feature-by-feature breakdown for each wallet.

Trezor Model OneLedger Nano S
Supported CurrenciesAbout 1289About 1100
Cost of Purchase$67$59
In-built ExchangeAvailableAvailable
Display Size60mm x 30mm x 6mm; 12 grams56.95 mm x 17.4 mm x 9.1 mm; 16.2 grams
InterfaceTwo-button padButton pad
Material Stainless Steel with plastic PartsPlastic
AccessibilityBrowser, Desktop (Mac, Windows, Linux)Desktop (Windows, Linux, Mac) Android 7+

Ledger Nano X vs Trezor T

Ledger Nano X and Trezor model T are the more recent models for each brand. These advanced models resolved some of the issues that their predecessors had. They, for instance, have more advanced designs and are simpler and beginner-friendly. 

An excellent example is the Trezor Model T. This model is known for simplifying transactions and managing crypto assets. The wallet comes with a touchscreen interface, over 1000 cryptocurrencies, and an easy set-up process that beginners would appreciate. On the flip side, though, the wallet is more expensive than its past versions and considerably bulkier.

On the other hand, Ledger Nano X is known for its wide use. The wallet has Bluetooth connectivity which enables mobile trading. Additionally, it can store NFTs. Ledger Nano X is also user-friendly and supports at least 1500 coins. The wallet’s major flaw is that it doesn’t support buying any crypto assets. 

Here’s a feature-by-feature breakdown for each wallet. 

Trezor Model TLedger Nano X
Supported CurrenciesAbout 1456About 1500
Cost of Purchase$213$196
In-built ExchangeAvailableAvailable
Display Size60mm x 30mm x 6mm; 12 grams56.95 mm x 17.4 mm x 9.1 mm; 16.2 grams
InterfaceTouchscreenButton pad
Material Stainless Steel with plastic PartsPlastic
AccessibilityBrowser, Desktop (Apple, Windows, Linux)Desktop (Windows, Linux, Mac)iOS and Android

Other Features

Trezor and Ledger wallets have multiple features. Among these are the cryptocurrencies that the wallets support, the staking options, security, and user satisfaction. Let’s explore these features to determine which of the two wallets is worth your investment.

Trezor Vs. Ledger Supported Coins

Ledger Vs Trezor Supported Coin

Across the board, Trezor and Ledger Wallets support over 3000 cryptocurrencies. When broken down, however, it is easy to spot that the Ledger wallet has a wider variety of coins. Let’s analyze the cryptocurrencies that each wallet supports. 

Wallets and Cryptocurrencies Supported on Ledger

Ledger wallets support at least 50 other crypto wallets. This includes wallets Electrum, Mycrypto, MyEtherWallet< Electron Cash, PolkaDot JS, Binance, and Cosmostation. Such a wide range of partner wallets ensures that Ledger devices can access some of the most in-demand coins. Here’s a list of the ten most popular coins you can access using a Ledger wallet.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Polkadot (DOT)
  • Binance Coin (BNB)
  • Tether USD (TRC20) (USDT)
  • Monero (XMR)
  • Cardano (ADA)
  • Stellar (XLM)
  • Dogecoin (DOGE)
  • Ripple (XRP)

Wallets and Cryptocurrencies Supported on Trezor

Trezor also supports several cryptocurrencies. However, the Trezor One model has a limited range of coins. For instance, the model does not support some of the most popular altcoins like Monero, Cardano, and Ripple, which are all available on both Ledger models. Still, the brand has a ton of coins to explore. Here’s a breakdown of the ten most popular cryptocurrencies supported on Trezor.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USD (TRC20) (USDT)
  • Binance Coin (BNB)
  • USD Coin (USDC)
  • Binance USD (BUSD)
  • Ripple (XRP)
  • Dogecoin (DOGE)
  • Cardano (ADA)
  • Polygon (MATIC)

Ledger vs Trezor Staking Options

Staking crypto on a hardware wallet comes with some benefits. Unlike staking on an exchange, where investors have to pay a fee for staking, hardware wallets offer taking services at no additional cost. This is why Ledger and Trezor wallets have staking options to explore. 

Ledger Wallet has a broader range of coins to stake. Here’s a list of the coins you can stake in the wallet.

  • Ethereum (ETH)
  • Terra (LUNA)
  • Tron (TRON)
  • Cardano (ADA
  • Nem (XEM)
  • Cronos (CRO)
  • Cosmos (ATOM)
  • Internet Computer (ICP)
  • Elrond (EGLD)
  • Algorand(ALGO)
  • Neo (NEO)
  • Tezzos (XTZ)
  • EOS (EOS)

On the other hand, Trezor supports staking for fewer but rare crypto assets. Here’s a list of crypto assets you can stake on Trezor.

  • Algorand 
  • Solana 
  • Cosmos
  • Cardano
  • Ontology
  • Tezos
  • Vechain 

Staking rewards depend on the platform you choose to stake your crypto on. These rewards have nothing to do with the hardware wallet except that different wallets give access to various platforms where you can stake.

728x90 - 1xBit

Trezor vs Ledger Security

Another dominant feature to analyze between Trezor and Ledger is security. Both wallets are known to be very secure. However, slight variations may seem favorable depending on what a specific user wants.

Trezor has a very robust security system. One of the wallet’s most outstanding security features is its Shamir backup setting. This security protocol protects your seed phrase from destruction and theft. The Trezor wallet also applies the Bitcoin Improvement Proposals, a high-level security feature that enables users to add an extra password phrase to the existing seed phrase. 

On the other hand, Ledger wallets have Bankrate Secure Elements (SE). These are secondary chips that ensure the wallet is secure from attacks. These wallets also use BIP39 passphrases, and unlike Trezor wallets, they have closed-source firmware, meaning their programs are not accessible to third parties.

How to Set Up a Ledger Wallet

Ledger wallets have a beginner-friendly setup process. This tutorial used the Ledger Nano X, but the process should mostly be the same for other ledger models. Now, let’s explore how to set up a Ledger wallet.

  1. Download the Ledger Live app that matches your operating system.
  2. Complete the Installation process, open the app and click on Get Started.
Yk1 G6J8Ossxnnrwjdngyeswajul56Ioumj Zjwk3F885V55T Drrghnvz 3Rcv5E2U5V1Sfig I4Ktzy7Vbdidry0Iyxhogqsrgb Oej7Tutafa9U4Qjgsds8Sfijrpygchmxgqcpyzfc3Xczn1Quaewkczv14C4Duqfqjy4Epeb
  1. Read the terms and conditions, and agree to them by checking the “I have read and accept the terms of service and privacy policy” checkbox.
  2. Click the “Enter Ledger app” button to access the dashboard.
5Jpk6K1F2Jasq Ikeefh4Pnwtbtobifdxfamputzbshy6Tpq2Hvnyxzgtbctwpvlebvj7 Fpi L1Zxu18Gupmryboqii 8Dc5Aith4Kvpzd7Qliignme
  1. Select the type of Ledger wallet you are using.
Dby0Ibcq Wbfqcbjoxw Jxxqux5Ueefsg6Bnxkzrudt Eac1Gjooyginnf3Rrunfoqp1Iyu2Tuywej7Cwugxtway3A3S 46Mhs0Et7Y8Zih
  1. Click the Set up a new Nano X option on the app’s dashboard.
Zmaj884Slkioep8Qyajlwapkx Gqigsqmadll01Ay7Zfssfbwglnnt2Fkovwjfpdlrtdrobykuvjwonvzzjdufhzlvhl30U0A08Mgorhftbtod7Gdj7Vzam
  1. Read the walkthrough materials provided and when you’re done, tap on Let’s do this to start setting up the wallet.
Ycwr1Nnxckblw 8Ynmzfge09Uxwlmnvwqiwnevlii7Fnjewr Camfkfxxlhrxxyv9 7Sb1Ckmucfaj Vowis Il3Stco19Gmwj1Hphnyi2Xyungdv Kmjqgfry7Job6Jam2Baxondizlx0D0Oagilnlwwki 8Uvaqwqsgq U6O5Hfgyj5Urunbe9Teoobq
  1. Read the contents on the new tab, then click OK, I’m ready!
  2. Click OK. I Got It on the pop-up reminder to navigate to the main page.
Ugppv2 4 Shpeuhu3Q9Jfit92Awusssv0Q 8Lxz4Pcomt 4Luetdss8Sewwtyzkcqgbfrqojddltnuziebt4

When you get to the main page, use your USB cable to connect your Ledger wallet to your computer. Once connected, use your device’s black and gray buttons to scroll through the instructions.

  1. Find the “Set up as a new device,” instruction and press both buttons simultaneously to select it.
R4Boroo4 Lcp9Vk3Nthy69Slkreeblolt0Ccskefmtrwldkuqjntjiateylkeq6Ofkxxixqeiizvz5Oazpxqwvj5Gppsgv2C2Zb1 Uqyyhjctywwhg7 Stl3Ymbiku0Wcb4Cjdfe8Y8Ejs3V7Vcnmyxv
  1. The instruction: Choose a pin with 4 to 8 digits will pop up. Again, press both buttons to select the option.
W Gklsv 7Qgymlvwg0Hn0Jxjx0Kcumdskjokuz2Z7Horvtumk4Ewszadsd2Mox4I

Use these buttons to scroll through digits and press them simultaneously to select the number you want to use in your pin. Repeat this process until you have your complete pin.

Zpo6Hybc0Dyzmom4Rarqg5Y3Iz2Ydlettailqzyhbbobgclbmbhqve6Alooivwcjmtgrqzkrvlowt2Inscxgkmldjxrywen4 Bgj7Dypqwxttgmiv0Mhjgxn 9Wxtsksyjer0 Bbhgby2 Enflk0Pjpz2Vwfrhvaozchih7I3Il4Bfy4Cv8O1Jxjdngtia
  1. Press both buttons simultaneously when done to save your pin. 
  2. Repeat processes 1, 2, and 3 above to Confirm your pin.

If you complete the above instructions correctly, you should see an instruction to Enter your recovery phrase. Get one of the three recovery phrase cards that came with your device. Have a pen with you and follow the steps below to get your seed phrase.

Cgw704Pme3Sv0D Mscmltnzotnhpk5Gbqsb6Uetahlsya5Bthizc9Ghhs1Klompg0Qfxdm5 Ug4Wynz
  1. Use the right scroll button to read through the disclaimer until you get to the Press both buttons to continue the instruction and select it. This will give you the first word in your seed phrase.
  2. Write down the phrase next to its corresponding number on the card, and keep scrolling to the right until you have all the words. 
  3. When you’re done, scroll back to proofread your phrases and confirm their order. 
  4. Go back to the final phrase and press the gray and black buttons simultaneously to confirm your seed phrase.

You will now need to confirm your recovery phrase by looking at the number displayed on your screen and matching it to its phase. Press both buttons when you find the word matching the number and repeat the process until you have all the words.

  1. When complete, you will receive the “Your recovery phrase is set. Keep it in a secure place” instruction.
  2. Scroll right and press both buttons simultaneously to process your device. Once processing is complete, you will get a “Device is ready” message.
  3. Scroll right and click both buttons to access the Install app instruction on the app’s dashboard.
  4. Return to the app, and go over the instructions from Get started to Hide your recovery phrase. On the Hide your recovery phrase tab, click Ok, I’m done.
Xbpbqwnykavp1Slhuierqitl2R3B Gfvubht9Cm10Dzcs4Jjtwmm1N007Nvrssxjw9Y9Raxcx3Knm 74Epicl3Qzqb7Xfyvnvvj Bv7T D9Bfqz 27Wphtw3Aededfv Uncue2Sprrpw6C2Qcafp1Ct3Mnwjctbxwk5Kzfr8V9Scv37Gqq7Wovo2 Ghsyq
  1. Click the Let’s take this quiz button on the pop-up that appears.
P6Zuot46Kxebbes3W7Hfoqpzmuandbeuqby3Ziy23Mb Pzsxmiestpoixkbtzswxxff3Zlq2Ps2Yvkm49Nuyys8Jhttofclbrneyqv8Sfl1Byp2G5Se7Mnq2Xhltqx1Rceer9Co7Kgr Kyteywa2Hhy4Wcfebhjrugtyz02Hdw1Wsr2Zt4Ih5M Zro3 Pa
  1. Complete the three-question quiz, click Check my Nano in the app and simultaneously click the buttons when you see the Allow Ledger merger instruction.
  2. Click the Continue button on the app, and your Ledger wallet setup is complete.
728x90 - 1xBit

How to Set Up a Trezor Wallet

Setting up a Trezor wallet is simple. We used the Trezo Model One setup process for this tutorial, but it is mostly the same for all Trezor devices. So, here’s the step-by-step process to get your Trezor wallet up and running.

  1. Download and install the Trezor Suite desktop app, then click on the Setup Trezor button.
Urn6Ogp2Obbdmxppjvpzybkxjvvwo Gf Dotwqq2Qsg3Btkolizfkopi5Lcmhsy9Fpwvzatztezovypjkydhwh4Ytjy3 3J4Qn Jscviah6 Esh Psdqfwbh Jj34S8Kl5Yl 4Jvlasr5Cof2Dzzysx2U1Z8U8Se Tkqufycwkmqbjg6W3F Bosdb1Ps8Q
  1. Click the Install Firmware button to install firmware on your device.
Abzsbumvkg Kt86V Eot2Iij3F0Imskqa Lichukdbonvexb9Rznfzqfntkojvfpqcnpxx4F24Ebfhahoehgl41We1Bordtsibyvptb Hwrqvpvyfb62Xpun6Eqqcliz1Ontnlhc Cfdsz9Srp1Uybzlsgq Cdhdnifwsemmtvbnkltvrwfz3Mjhot9Zmg
  1. Once this is complete, click Continue.
Voaxcl9Vacjj9Rl80C6Eu2Nao9Viy084Jjwtgzkgu D81Cnqxe9F850Slt740Npvjn02M4Uuuj2Nkpfrj3Kz8Miwfktutg1Joihik3G1Op4Thgh1Br8Czwgw9Fdplvq 6S1Frdjkyi9Azfqgfse6Vayb2A0 Ifczhwgcm5O3Ab9Jmjjrjkqogpw2Fpfkmq
  1. Select the ‘Create new wallet’ option, choose ‘Standard seed backup’ as your preferred recovery method.


At this point, you are just about to unlock your recovery password. So, get a pen and one of the seed recovery password cards that came in your Trezor’s packaging, then click on Create backup.

0Xzdpgb9L9Q4F4Y00O5Odwhxtlibr8Qib5O0Iq77Gzmg95 3Ftadytlo3Y P Fozbbgq Vo23Hdamgjdgbmon Ehm2Aoo5Izvw Rw5Kbioxrjo5Bqnwgazhde4C Rv6Ahcvju5Ux S1Jwa5Spvejggtqxokatnbp
  1. Read the backup instructions and check every checkbox once you understand its instruction. When done, click Begin backup.
Aotvosriw 5Swwbjshycgfjbsbe3Vjjjri4Buroyg2E4Ijejyemfv9Qh Titah3X9Wnsowpjcf7Wp6Idk0Hd Rywfkiwndi Kfqptiwylem667D3Sj1Mvvgmbz67Hw2Iihocifs Oejtdgxrzsffqb3Nep8Mn M6X6Eomszpecwerwbkqhgtivxtaglm G
  1. Go to your device and click the Confirm button to generate your 24-word secret passphrase.
  2. Record all the words on the Seed phrase card and click Enter.
  3. Click Continue to pin on the new page that appears.
Tsjdur Wougyf Syw0Mi5 Hvnw0Pa4 Kxacm7W6Psavpjcbksiw69Zcuyg13Ix5Wxhjumztdhqjjjd36Zdzfmw9Nfyj281Ntbmist Dqrenxj8 Rfxb4Cei3Nuahvidkb7Hju4Pk2Pvkbn Obiwsol87Hljhwhnarldi8Laccblib0Gk37Def7Amdof G
  1. Hit the Set Pin button to set up a secondary pin, and press Confirm on your Trezor device.

This process redirects you to a Set the pin page that has a 3×3 matrix on the right side. Look at your Trezor’s display screen to identify the position of each number on the matrix, then use your desktop’s cursor to select your desired pin.

  1. Click Enter once you’re done inputting the pin.
Dests7 Rtqbjowae1Sjhqpi2Bm0G Evv5S3Zucafkfpf 8N2H2T1Jv 853 Jvmyiar8Helgs M9Zgkxov3Kymv84Vuofka3Mh4Oezzsmbamss7 7Nnpbioefeyojq9Fku2Mnqz1Bud5Echcydn 6Wkz Bxt4T27Vxcojwnhhrs8Ptbftdkyrjeaxta1R0A
  1. Repeat the pin input process on the Repeat pin  page and hit Enter
Kjpuo9Zuvv2Spo9Ali3Drbjpvps2Wdecr3Lhflexqyyx1Xz4Vkvpcpma0Qiv8Fyaade93G8H3Ju Mjrb7I8Yl Wf6Nvl7M8Eils7Rk91Kksco1Inqxjarhjwq7Butianlbqdjjeelsf9Rbojplfdu32Kdz2Pbn2Yn7Whaqv4Ztp6Obejuk4Usv Ybmmuq
  1. Once you’re done, you’ll see the PIN set tab. Click the  Continue button.
1Iw5Wfv0Eefko8Y3Xtrizeef8L6 Aorjecc8Ohxaltmxi8As 0Tjc1Az4Wttqltmyucus D2Knmpzkwlq6Jruktzmk3P7Aevkwsvcqink7Rqauu Unafemmmdvohh9Y6A0Q9Fvj1L0Fe Cs89B7K 41Opd Sizxfrivmtflhyybz15Qyqfingz6Nctmnq
  1. This redirects to the  Activate coins page. On this page, select the cryptocurrencies you intend to use on the Trezor suite. You can also change your selections later.
  2. Click Complete setup to finalize the selection.
Oyvnyjtm4Giibfstrjr 5H97Ptfyp3 8Ivpitxqsgcgluyws1Phjvuxkjnjwhuxtd Lmb3Qujynlstj72Me3Uz3Zusdumcbatj5 Tv0Wvi9N Vda0Dcfydtqgy6Wo50Olup4Xnp7Yly1
  1. Tap on Access suite to get started on Trezor Suite, choose Select wallet type, and click on the Standard Wallet option. When this is done, your Trezor wallet is ready for use.


1. Which should I choose: Trezor or Ledger?

The choice of a hardware wallet depends mainly on your needs as a user. Ledger wallets have more security features and are regulated by the ANSII. They also have a sleeker design and more cryptocurrency options for staking. On the other hand, Trezor wallets have access to rare coins and connect to taking software like Exodus wallet which offers impressive returns.

2. Ledger vs Trezor: Which is safer?

Ledger wallets are safer than Trezor ones. These wallets are regulated by the ANSII. They also have closed-source firmware that prevents third parties from accessing their programming. Additionally, Trezor wallets have secondary Bankrate secure element chips for an extra layer of protection. The features are absent in Trezor wallets.

3. Trezor vs Ledger: Which Is cheaper?

The Trezor Model One wallet costs $67, while the Trezor Model T costs $213. Ledger wallets are relatively cheaper, with the Ledger Nano S going for $59 and the Ledger Nano X retailing at $196.

4. Trezor vs Ledger supported coins

Combines both Trezor and ledger wallets support more than 3000 coins. However, the Ledger Nano S and Nano X have a wider range of coins as compared to those supported by Trezor devices. With the Trezor one not supporting coins like Monero, Cardano, Tezos, BNB and Eos.

300х250 - 1xBit