Trezor vs. Ledger

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trezor vs ledger

Trezor and Ledger are two wellknown names in the cryptocurrency industry. Both offer secure hardware wallets, support over 1,000 coins, and have incorporated cryptocurrency exchanges. Trezor is part of SatoshiLabs and was launched in 2013 with headquarters in Praha, Czech Republic. Ledger was founded in 201
and is headquartered in Paris, France.

While there are staunch supporters of both companies, the $190 Trezor Model T offers a larger touchscreen, making it easier to use. However, it does not offer Bluetooth connectivity or mobile apps like the Ledger Nano X. In addition, Ledger Nano devices support a number of popular coins, such as Graph Token (GRT) and Uniswap (UNI), which Trezor is not supported..

We looked at companies and devices based on supported security and currencies and looked at ease of use, cost, features, and more.

Trezor Wallet

Type of Wallet: Cold
Currencies: 1,649
Purchase Cost: 53 to 164 Euro
Incorporated Exchange: Yes
Device Size: One: 60 mm x 30 mm x 6 mm, 12 g
Model T: 64 mm x 39 mm x 10 mm, 22 g
Mobile App: No

Pros

  • Color touchscreen available
  • Open-source firmware
  • Offers Shamir Backup

Cons

  • No mobile application
  • No Bluetooth
  • Plastic case

Ledger Wallet

Type of Wallet: Cold
Currencies: Over 1,800
Purchase Cost: $59 to $119
Incorporated Exchange: Yes
Device Size: Nano S: 56.95 mm × 17.4 mm × 9.1 mm, 16.2 g
Nano X: 72 mm × 18.6 mm × 11.75 mm, 34 g
Mobile App: iOS/Android

Pros

  • Optional Bluetooth
  • Ledger Live mobile app
  • Durable steel case

Cons

  • No touchscreen
  • Closed source firmware
  • Had a marketing database breached

Trezor Vs. Ledger

At a Glance

 TrezorLedger
Type of Wallet ColdCold
Currencies 1,649Over 1,800
Purchase Cost53 to 164 Euro$59 to $119
Incorporated Exchange YesYes
Device Size One: 60 mm x 30 mm x 6 mm, 12 g Model T: 64 mm x 39 mm x 10 mm, 22 g Nano S: 56.95 mm × 17.4 mm × 9.1 mm, 16.2 g Nano X: 72 mm × 18.6 mm × 11.75 mm, 34 g
Mobile App NoiOS/Android

Trezor vs Ledger: Wallet Features

Trezor and Ledger are among the best bitcoin wallets and offer similar functionality. While both brands connect via USB cables, the sleek Ledger devices look like general-purpose steel serial bus (USB) storage devices. Meanwhile, Trezor devices are slightly lighter, housed in a plastic shell and have a unique shape. All four devices connect to Linux, Windows, and Mac computers. However, Trezor users can only connect to Android devices, while Ledger also supports iOS phones.

The Trezor models also have larger screens, making the display easier to read. Ledger One has a 128 x 6, -pixel organic light-emitting diode (OLED) display compared to the Nano S’s 128 x 32 pixel OLED display. The difference is more noticeable on the two companies’ higher-end models, with the Trezor Model T offers a 20×20 pixel color liquid crystal touchscreen (LCD). In contrast, the Ledger Nano X display is a 128×6, pixel OLED display.

When it comes to connectivity, mobile users appreciate the optional Bluetooth capabilities of the Ledger Nano X, a feature not offered by Trezor.

Trezor vs Ledger: Currencies

Ledger has the upper hand in terms of supported coins, allowing users to store over 1,800 different coins and tokens compared to 1,69 backed by Trezor. Users can hold popular altcoins, such as Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Stellar (XLM). While Ledger Nano S and Nano X support the same currency, Trezor One supports less than model T.

ADA, Ripple (XRP), Monero (XMR), Eos (EOS), Tezos (XTZ) ) and Binance Chain (BNB) ). Additionally, none of the Trezor devices support Uniswap (UNI), Avalanche (AVAX), Graph Token (GRT), yearn.finance (YFT), Celo (CELO), Ocean Token (OCEAN), or Reef Finance (REEF). . For comparison, all of these coins can be stored on both Ledger devices.

Trezor and Ledger users can access builtin crypto exchanges to buy, sell or trade coins while using their hardware wallets.

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