If Trezor is the Rolls Royce of crypto wallets to some bitcoin holders then the Ledger Nano S is the Bentley to others. Perhaps Coke vs. Pepsi would be a better analogy. We’ve used both and get the question of “which one to buy” all the time and both are considered excellent device choices for a new generation.
The main differences are small features that people may or may not need, specifically certain altcoins or a difference in usability that some may like or hate. Both are two of the most secure wallets to secure bitcoin and crypto currency, so we will stick to the basics for everyone.
Ledger Nano S uses a normal 4-8 digit PIN login to enter the device, whereas Trezor has this feature we want added to bank ATM’s some day in the future. This login with the keypad on the device you hold, it really blew our minds, for most users it is not a “must have” feature to simply store their crypto.
Coins Supported Comparison between Trezor and Ledger Nano S
|Bitcoin (BTC)||Bitcoin (BTC)|
|Bitcoin Cash (BCH)||Bitcoin Cash / Bcash (BCH)|
|Bitcoin Gold (BTG)||Bitcoin Gold (BTG)|
|Ethereum (ETH)||Ethereum (ETH)|
|Ethereum Tokens (ERC-20)||ERC-20 Tokens|
|Ethereum Classic (ETC)||Ethereum Classic (ETC)|
|Litecoin (LTC)||Litecoin (LTC)|
|Expanse (EXP)||Expanse (EXP)|
|Ubiq (UBQ)||UBIQ (UBQ)|
The storage capacity of Trezor gets most crypto holders up to 10 different crypto currencies stored on the Trezor (including all or no ERC-20 tokens). The Nano Ledger S has a maximum of 4 wallets that are view able and transfer coins at any one time. You can however remove and re-add any wallet as you wish using the Nano Ledger S so it depends if you want to do that or buy two or three devices.
Ledger Nano S – 79€ (2 for 158€)
Trezor – 89€ (classic version) 139€ (Model T)
The original Trezor uses the same security features the Model T does, the higher price point and back order they are on for the “new” device doesn’t seem worth the wait or extra cost.
**Note for morons *** Do NOT buy a Trezor or Ledger from a seller on Amazon or Ebay that is NOT Trezor or Ledger. Tampering with the packages and adding malware to these devices HAS happened. Buying wallets straight from the manufacturer of the device should be a no-brain decision, cheapo.
As mentioned already by everyone using both devices to store crypto currency, they are both extremely secure provided purchasers use them correctly.
The security sealed packaging for Trezor is a feature some users claim increases security vs Ledgers packaging.
To some, the extra effort Trezor takes to seal their packages is all it took to make them die hard fans of the device. Provided the device is being shipped from the manufacturer, there is very little reason to believe the Ledger Nano is “less” secure with their device.
Both have been validated by many outsiders certifying each device is highly a secure method to store data. Trezor firmware updates are quite consistent and the lack of “adding more alts” to store on the device could take away from the stability current users know and trust with this device.
To get started with Trezor, it is highly recommended to purchase directly from them here.