Hi! do you have a back system? This is a very good comparison and even as a big Trezor fan I have to say that your security concerns are sound. The Trezor is larger than the Nano S, at a size of 60mm x 30mm x 6mm and 12g in weight. I'm really not sure if hw wallet is more secure than your laptop with opensource linux/bsd distro used as offline wallet. Both the Trezor and the Ledger wallets have a display screen. Trezor Model T vs. Trezor Model One - Model One wins. They combine the best of both worlds, that is, security and complete control. you can do this using the Trezor and Exodus wallet, its one of the main reasons I got a Trezor. If you receive private messages, be extremely careful. The only reason I would even remotely consider getting a T or an X is USB-C. They both support over 1,100 coins on both devices, but the Ledger Nano X can only hold 100 assets on your device at once, and The Trezor T can hold much more at once (I have over 210 … Hardware wallets are usually the safest and are the preferred storage method for many cryptocurrency holders. You can go to the official website and check out. I would think having 2 hardware wallet and therefore have 2 separate 12 word seed phrases would be quite confusing. For that you get a larger device and a bunch of altcoins most will tell you to stay away from. Ledger Nano S VS Trezor: Supported Coins. You can keep 80% of your funds locked like that and 20% on the ledger for easier/quicker access. Ledger stands for a lot of things that crypto is not supposed to stand for. Trezor vs. The X is a little less than 2X an S. For that you get a larger device, bluetooth and a bunch of altcoins most will tell you to stay away from. Press question mark to learn the rest of the keyboard shortcuts. The Head to Head – Ledger Nano S Vs Trezor One. But either way, a compromised controlling device reveals a huge part of your security. The BIP39 passphrase is also entered on the device directly, which gives me way less worries, even considering the non-random starting points for the 2-button interface. i do not like to leave anything on exchanges or Exodus for any length of time. Waiting for both devices to support the other ones input model and also shuffle beyond digit 4 and passphrase. Both Ledger and Trezor are the safest means available to store your cryptocurrency. Before the end of the year, Ledger Blue should have a firmware update to allow passphrase entry via blue's touchscreen. At the moment, Trezor has the Trezor one, the Trezor Model T while the for Ledger, we have the Ledger Nano S and the Ledger Nano X. Cryptocurrency Support . The price of Ledger’s latest wallet Nano X is around $119. The design of the ledger nano s is way better to keep on a keychain, and it might just look like a USB stick - but you clearly need two hands to operate it. If I had to enter it with toggle buttons on the device itself, I'd probably end up choosing 1234 out of laziness. Also if you use a BIP39 passphrase, you enter this on the controlling device, leaving it vulnerable to keyloggers. 2. What happen if you lose your nano S or even worse It get stolen? The Trezor. Randomly generated nine digit pins and a 24-word recovery seed key ensures security in case the device is lost or damaged. Subsequently, hardware wallets came out as an alternative. Waiting for both devices to support the other ones input model and also shuffle beyond digit 4 and passphrase. If you have a passphrase, no equipment helps a thief to get to your coins besides the $5 wrench. Please contact the moderators of this subreddit if you have any questions or concerns. They are easier to use, quicker and they fit into your pocket. This means you won’t have to use MyEtherWallet for Ethereum and ERC-20 tokens, for example. Dedicated haedware wallets are just more convenient. The T is more than 3X the price of the One. It certainly doesn't stand for trust and reliability. Both devices support an impressive number of different coins and crypto assets: over 1250+ at last count. From what I can see it also communicates with pc thru web browser addons like Trezor does with Chrome. A screen is a really important security feature for hardware wallets. The Ledger Nano X features the smallest and lowest resolution screen of the 3 hardware wallets. You can never be 100% protected, because what if you had a virus on the computer you downloaded the ISO from, which the virus then replaces with a corrupted version? But it doesn't concern me too much. Typically, these wallets connect to a computer via a USB port or a handheld device via Bluetooth. The Ledger Backup Pack includes both the Ledger Nano S and the Ledger Nano X, while the Trezor Ultimate Pack includes the Trezor Model T and the Trezor Model One, plus a Cryptosteel Capsule. WassaWassaWassup! They were followed a few months later by Ledger, whose Nano S model offered a similar range of features. We think both devices are great and are happy to recommend both. I choose ledger. Ledger Nano X and KeepKey have OLED screens. Ledger Nano X vs Trezor Model T: Conclusion Ultimately, it really depends on how large your portfolio is (or you plan for it to be) and what particular coins you want to hold. Press question mark to learn the rest of the keyboard shortcuts. I mean what is the guarantee there's not a backdoor in the firmware waiting for activation? Quite a few people experiencing issues. TREZOR One performs slightly better in handling and operation, even if the Ledger Nano S is somewhat more convenient to transport. One button increases a digit, the other one decreases it, both pressed at once confirm a digit for PIN entry. Press J to jump to the feed. I also bought a ledger only downsides my funds not safe untill end of this month. It looks like a small calculator with an OLED screen. I don't think this hack/leak affect the functionality of the Ledger device itself. You also have the option to "save" a passphrase to another/different PIN, but this would once again weaken your security. Lots of good reviews on this but it only support bitcoin. $59 for the Ledger Nano S and $55 for the Trezor One. More posts from the BitcoinBeginners community, Bitcoin Beginners is a subreddit for new users to ask Bitcoin related questions. Copycats Then writing that ISO file to a USB Flash Drive (you just can't simply copy it there) might be hard for some people. Also make sure not to lose your passphrases! The TREZOR T has a color screen. Ledger Nano X vs Trezor Model T. Edit: Reworded my conclusion and removed personal preference. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. Although this doesn’t impact on the overall performance of both wallets, you might still want to know which one is more portable. Risk can be mitigated (if ordering a Trazor or Ledger) by using a spare email, and/or PO address. Edit 2: Trezor is open source, clearly a huge plus vs. the closed source Ledger for auditability. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Sorry for the reply on the old comment but I'm kinda worried now. This brought my choice to either the One or the S. Which did I buy? This is the most vital feature to look at when comparing these two hardware wallets. This puts Ledger above their competitors Trezor and KeepKey in terms of number of assets supported. Design and build quality. Checking addresses on latest firmware is nice, etc. What is the benefit of Exodus on top of Trezor? They also run promo from time to time wherein you get a good discount. Against the Nano S which has a dimension of 60 mm (98 mm when open) x 18 mm x 9 mm and 16.g. The T is more than 3X the price of the One. If you want to choose between two products, check out Coin Kite's hardware wallet. Sadly this is not possible for any digits beyond #4 your might use, and also not for BIP39 passphrase entry. I just got a Trezor T, and am trying to make myself familiar with how Bitcoin transactions work. Would be interested in hearing some pro/cons purely on the functionality of the Trazor Model T and Nanol Ledger X, or any consideration one should make when deciding betweent the two. I thought Trezor have its own native wallet that runs in the web browser when you plug in the hardware wallet. To extract your key (no passphrase) from such a device an attacker needs very very high skills and most likely very very expensive equipment (electron microscope and such). I share your concerns. They are used to display the seed phrase and send cryptocurrencies. Created by SatoshiLabs, it is the world’s first secure Bitcoin hardware wallet.. While not as small as the S, it is small enough and I prefer the interface of the Trezor. It also allows you to review the addresses and amounts before confirming an outgoing transaction. Now I get to play with each. An important point is that Ledger seems to be more ambitious in implementing new currencies. Nano S has a brushless steel cover protecting the device which adds a bit of weight and gives the better build quality impression. And you can find even lower prices on older models. Compact USB-size design; I am a bot, and this action was performed automatically. The price of Trezor’s latest wallet Trezor One is 49 Euros or around $54. Trezor was the first company to launch a hardware wallet onto the market when it released its Trezor One in 2014. I'd be curious to hear the Trezor team's thoughts on this and if they plan to make it possible to enter everything on the device with the upcoming Trezor 2.0. Thanks I am actually leaning towards the Trezor. Can you write a guide explaining how to do this? Trezor goes for an amount rounded up to 80 dollars while ledger nano s goes for 60 dollars, making it more affordable than Trezor. Trezor, created by Czech company SatoshiLabs, launched the first hardware wallet, called the Trezor One in 2013. 1-Trezor Model T is ~75 USD more expensive but since I'll be using it for long term, it is a non-factor. Why not use the trezor,ledger, and a paper wallet to do a 2/3 multisig . Those three layers of security are more than enough to allow me to sleep peacefully. The Trezor Bitcoin hardware wallet pioneered the era of hardware wallets. Pricing. I believe if you enter the passphrase every time even some advanced attacker can't extract your keys from the device - it's just not on them, no matter what. So why both? The Ledger Nano S looks very much like a typical USB flash drive, and it has the smallest screen of the three, being as well the most compact of the three once its protective cover is “folded.” While Trezor has a bigger screen than Ledger Nano S, it’s no match for the big screen found on KeepKey. Nano S vs. Nano X - Nano S wins. They failed at it and did the opposite. It also has two buttons on the front to help you negotiate with the user interface and option seen on the screen. Even the now-dated Ledger Nano S will set you back more than $50. I for one prefer entering the pin on the blind matrix as this allows me to have a longer pin. Haven't used the Trezor. Going to sound stupid here but I tried looking but cant find out: Why does the Trezor need to be linked to Exodus? I've been doing this sort of thing for decades, so it was easy for me. The price of a One and an S combined is less than the price of a standalone T or X. Trezor is compatible with all android devices and is essentially a small computer, while a Ledger Nano S looks like a pen drive and makes use of two chips for security - this is … I do transfer my purchases off of Exodus to my Trezor or Ledger. Ledger had one job which was to give their customers some peace of mind. So to conclude: I think the Ledger nano s is slightly more secure, but the Trezor is way easier to handle and thus might prevent bad user routine like overly simple passwords - both devices give very high levels of security. I'd therefore not recommend Ledger. wait is this true for the Nano S models?? The new Nano Ledger X costs $119, a Trezor Model T is $205, and a Trezor One Metallic is an eye-watering $685. I like my nano. So to conclude: I think the Ledger nano s is slightly more secure, but the Trezor is way easier to handle and thus might prevent bad user routine like overly simple passwords - both devices give very high levels of security. I guess the security impact is not too high, but it weakens what one could get from a n digit PIN. There are two mainstream hardware wallets on the market – Trezor and Ledger Nano S and a new powerful competitor – BC Vault Both Trezor and Ledger … This is not quick or overly easy, but in my eyes more secure. In total, the Ledger Nano S supports 75 different coins and over 1,100 tokens. This software allows for the communication between the hardware wallet and other devices. The X is a little less than 2X an S. And the head-to-head battle between these two companies is perhaps best illustrated with the the most popular hardware devices sold by each manufacturer, which are the Ledger Nano S and the Trezor One. Seed was not leaked. Both of these values are current as of writing (March 2019). I own both devices, and tested them for quite some time now, here are my thoughts: Usage/option of BIP39 passphrase(s) is very important for me, as it provides any amount of different wallets depending on the passphrase entered, thus providing as many levels of plausible deniability as you wish. Only thing I would change is the ability to be able to check balances of various Stablecoins, and BTC without having to connect to the app. Trezor vs Ledger Packages If you want to buy more than one device, both brands also offer packages that come with savings. For that you get a larger device and a bunch of altcoins most will tell you to stay away from. 3-Coins compatibility - I mainly plan on using it for Bitcoin, Ethereum, Litecoin, Stellar but having a wallet that is compatible with more is a huge plus as it gives me the options to diversify and buy more of different alt coins. I bought both! Ledger offers two models of hardware wallet, the Ledger Nano S and the Ledger Nano X. It's not open sourced. You can go to the official website and check out. This worked like a charm. Investors store billions of pounds worth of cryptocurrencies using these devices, primarily because it keeps these assets entirely offline. If i buy my Lambo (I won't) I'm happy to curse at a 2 button interface on a 30character passphrase :p, New comments cannot be posted and votes cannot be cast. Three years later, Ledger Nano appeared and took the market by storm with its own hardware wallet in 2016, releasing the Ledger Nano S. If you don't do this to set it up, YOU'RE EXPOSING YOUR WALLET WORDS if you have a key-logger or screen-logger virus on your computer. From my research: it was name/address/email/phone # that was leaked because they use Shopify platform. There has got to be TONS of people out there who set their Nano up without taking this extra step. For my first test transaction, I transferred ±$500 in Bitcoin from Coinbase to my Trezor through the Trezor web interface. Now I just need to find someone who will give me 100,000 bitcoins. A Ledger Nano S comes in an aluminium casing which provides more physical protection than the plastic casing provided by a Trezor (although Trezor may prove to be more drop resilient). Nano S vs. Nano X - Nano S wins. Company Reputation: Trezor has a more wide acceptance from the crypto community than ledger nano s. Ledger Vs. Trezor . I see the threat model has to be pretty complex, attacking you on various channels - compromise your controlling device to steal your passphrase, steal your PIN or seed via completely other channels. Would I need 2 separate 12-word seed phrases? The Ledger Nano S and Trezor are two of the popular wallets found on the market today. Each to there own. The Ledger has Bluetooth and as far as I’m aware is the only hardware wallet that works with iOS (iPhone, iPad), That’s a pro for some people and a con for others, but it’s a difference between the 2 nonetheless, I recommend a Trezor linked to a exodus wallet, its a pretty good user experience and great for new people. Within the software, users are able to add wallets of different cryptocurrencies, as well as the sending and receiving of funds. Bitcoin is a distributed, worldwide, decentralized digital money. It's unlikely such a sophisticated virus exists, but just sayin'. Pros. How come everyone is so sure about security when it's not opensource. If there's a malicious code inside the device I guess it would be very easy to sent your private keys to anyone. Ledger does come in at around €94.80 (including European tax) and offers free shipping, whereas Trezor costs €128.… Looking at the above lists, we can see that the Ledger Nano S currently supports more coins than Trezor does. The Nano X has WAY more space as with the S you can only put about 3 cryptos on it. A major uncertainty/risk is the PRNG, which should be mitigated by using a passphrase. Or, put a differently, what is the benefit of Exodus? This exposes duplicate (and also non-duplicate) digits in your PIN. The Ledger Nano S is not completely open source, but is more secure with password encryption. Scam Alert! Ledger appears to be ahead in most aspects. Not in a position to compare them as I only have a Trezor, but will state that I think it's an awesome device. Both cost roughly the same, with a Nano S setting you back $59 (£47/€52), while a Trezor One can be yours for $55 (£44/€49). Ledger Nano X vs. Trezor Model T The latest Ledger has a solid price advantage over the Trezor, coming in at about $40 cheaper. That level of cost is too much for some, especially those who only have a small number of tokens. As far as I can tell right now the only way someone could get access to my btc is by a) getting physical access to my trezor without my knowledge AND b) having first filmed me entering my pin while simultaneously filming the trezor screen AND c) keylogging my passphrase. Ledger Nano S. Price: $51. That sounds nice - but I'm happy for now :), I have a few satoshi without passphrase and some on my mycelium/phone. Ledger nano s on the other hand allows all those infos to be entered on device directly via a 2-button interface. From their website they didn't tell me to do any of this. So without further ado, it’s time for the head to head showdown as we compare the the market leading Ledger Nano S and Trezor One hardware wallets. Both options give you the ability to view your wallets, interact with them, protect your private key, send and receive crypto. Ledger Nano S size is 9 x 18 x 9 mm, weighing 16.2g whereas the Trezor is 60 x 30 x 6 mm and weights 12g. One aspect they now fall behind in is reputation. The hack sucks. Ledger Nano S vs Trezor One. The Trezor can be easily controlled with one hand, but less device interaction is needed anyway as more input is taken from the controlling device. I will stick with the microUSB to USB-C dongle that shipped with my phone. Correct me if I'm wrong about any of this. Both Trezor (officially part of SatoshiLabs) and Ledger Nano are leaders in the hardware wallet space. The Nano X goes for $119 while the Model T is $169.99. I'd feel safe storing 100,000 bitcoins on my Nano. If it helps, this was my logic and where i settled when presented with the same options. For the hardware: I don't know too much about the "secure element" on the ledger, I guess it's proprietary (downside) but might add to security (?). Open in the web browser when you want to buy more than One,! Bank in charge of Bitcoin far and i prefer the usability and style of the shortcuts. 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