What Are The Differences Between The Trezor And Ledger Nano S Wallets?

[brecalynch]

One of the significant issues bedeviling cryptocurrency today is security.

[bittpress]

it is pretty difficult to say the better device of the two as they would certainly give your money’s worth.

[Loah Morgan]

Trezor and Ledger Nano S are considered the best hardware devices to send or receive coins, view all information and monitor on-screen transactions. Both the devices have constantly been upgrading themselves by means of software updates, new functionality, and additional coin support.

Now let’s compare both – Trezor and Ledger Nano S – The Best Hardware Wallet Battle.

1. The appearance of the Systems

Trezor devices are made of plastic, and the Ledger Nano S is made of stainless steel which offers maximum damage resistance. The Ledger looks way more stylish than the Trezor as it’s less bulky.

Both the devices come with two buttons to manage crypto wallet software and are integrated with miniaturized USB ports. The size (length) and screen of Trezor is larger than the Ledger’s screen.

2. Box Content

The Trezor comes in a little square box with a security seal. The container contains the gadget encased in dark foam with a strap for hanging it up.

While in the Ledger box, you will get a USB Cable for easily connecting it to your computer, a Key Chain, a Lanyard to keep the device on your person along with instructions and a recovery card for your seed words.

3. Device Usage

Trezor is compatible with desktops and mobile devices that are installed with MacOS, Windows, and Linux. It is also compatible with all Android devices, and Google Chrome extensions available for Trezor that helps users to manage the gadget and the data placed in it.

On the other hand, the Ledger Nano S is compatible with all devices integrated with MacOS, Linux, Windows, and Chrome OS. Basically, it requires chromium and extension downloads to function properly.

4. Cryptocurrency Support

Few cryptocurrencies that are supported by Trezor: Bitcoin (BTC), Litecoin (LTC), DASH, Zcash, Bitcoin Cash / Bcash (BCH), Bitcoin Gold (BTG) etc.

Ledger offers full support for Bitcoins, Ethereum and other currencies.

5. Setup

The setup process for Trezor and Ledger is quite similar. Both the devices require you to set up a pin code as an added security measure. Pin code reinforcement stops hackers and scammers from stealing information from your device, that is, if someone makes more than three incorrect attempts, the device automatically deletes all the data stored on it.

6. Pricing

The cost of a Ledger device is around USD 60, while the cost of a Trezor device is approx USD 100.

Both devices have their own pros and cons. It is really difficult to nominate ‘which is the better device’ – either Trezor or Ledger Nano S. Both are worth their money. So, while making a purchasing decision, you can consider the coins supported by the device, the look, and design of the wallet and the software user interface.