Trezor vs Ledger Comparison. Which One is Better?

Table of content

• Key Takeaways:
• Ledger vs Trezor: Key Features Comparison
• Security
• Functionality
• Pricing
• Supported Cryptocurrencies
• Staking
• User-Friendly
• Mobile Application
• Conclusion
• FAQs on Trezor vs Ledger Comparison

• Ledger: Best for security, ease of use, staking, and NFTs, but comes at a higher price.
• Trezor: Cost-effective, but requires third-party integrations for some advanced features.

Feature	Ledger	Trezor
Products	Ledger Nano S Plus ($79), Ledger Nano X ($149), Ledger Flex ($249), Ledger Stax ($399)	Trezor Model One ($59), Trezor Safe 3 ($79), Trezor Model T ($179)
Cryptocurrencies	5,500+ assets supported	8,000+ assets supported
Connectivity	Bluetooth for Nano X and Stax, USB-C for all models	USB-C for Model T, USB-A for Model 1
Mobile	iOS and Android	Android only
Transparency	Closed-source	Open-source
NFT & Staking	Staking and NFT support directly on Ledger Live	Staking and NFT features via third-party apps

Both Ledger Wallet and Trezor Wallet provide high levels of security for your crypto assets, but Ledger takes the lead with its dual-layer security architecture. Ledger uses a secure element chip similar to the ones found in passports and credit cards, offering strong protection against both digital and physical threats. 

Trezor, on the other hand, offers open-source software, meaning anyone can review its code, which promotes transparency and trust. However, regarding hardware security, Trezor has faced some vulnerabilities in the past, particularly when cybersecurity experts found exploits with physical access to the devices. 

Winner – Ledger.

Ledger is the clear winner when it comes to features like staking and NFT management. Its Ledger Live app provides users with a seamless experience for managing a wide range of digital assets, including staking, NFTs, and interactions with decentralized apps (DApps) without needing additional third-party software.

Trezor also supports staking and NFTs, but users need to integrate with third-party applications like Metamask and Exodus. While Trezor is easy to use, it requires more steps and tools to manage advanced crypto functions compared to Ledger’s more integrated solution.

Winner – Ledger.

When it comes to pricing, Trezor is the more affordable option. Starting at $59, the Trezor Model One is one of the most cost-effective cold wallets for those on a budget. Even the higher-end models like Trezor Safe 3 and Model T offer excellent value for their price.

Ledger’s devices, especially the Ledger Stax, are priced higher, with the Ledger Flex starting at $249. While Ledger offers more features, it does come at a higher price, especially compared to Trezor’s more affordable options.

Winner – Trezor.

Trezor has a slight edge in this category as it officially supports over 8,000 cryptocurrencies, making it one of the most versatile hardware wallets in terms of coin support. However, some users report that Trezor is slow to add newer altcoins or popular coins like ATOM and DOT.

Ledger supports over 5,500 cryptocurrencies, which is still a broad range but doesn't match Trezor’s extensive list. Ledger is also praised for the ability to manage NFTs directly through its platform, which Trezor doesn’t fully support.

Winner – Trezor.

Ledger is one of the best cold wallet options for staking. It supports more cryptocurrencies for staking, including Tezos, Tron, Solana, Polkadot, Ethereum, and many others. Users can stake directly from the Ledger Live app, making it convenient and straightforward.

Trezor supports fewer cryptocurrencies for staking, including Algorand, Solana, Tezos, and Cosmos, but users need to use third-party software for staking, which adds complexity.

Winner – Ledger.

Ledger takes the lead in terms of ease of use. The Ledger Live software makes it easy for beginners and experienced users to manage their crypto assets, perform staking, and interact with NFTs and DApps directly from the wallet.

Trezor has a straightforward user interface, but its need for third-party apps for functions like staking and NFTs can make it less intuitive for those new to cryptocurrency.

Winner – Ledger.

Ledger has an edge in mobile app usability. The Ledger Live mobile app allows you to manage crypto holdings, check balances, and send/receive transactions. It works seamlessly on both iOS and Android devices.

Trezor, in contrast, only offers a mobile app for Android users. While it lets you check your crypto balance, it doesn’t support sending or receiving transactions, which limits its mobile functionality.

Winner – Ledger.

Both Ledger and Trezor provide excellent hardware wallets, but they cater to different preferences. Ledger excels in functionality, staking, and ease of use, while Trezor offers a more affordable, open-source, and transparent option. The choice between Ledger and Trezor will ultimately depend on your security needs, desired features, and budget.