Ledger Nano X vs Trezor Model T – Top Crypto Hardware Wallets Compared
This Ledger Nano X vs Trezor Model T wallet comparison will give you a complete idea about the two most popular crypto hardware wallets.
Keeping your cryptocurrencies safe should be the topmost priority. People start trading in crypto without giving a second thought about the storage of cryptocurrencies.
Even though the currencies can be stored on various platforms, still everybody should find a secure and comfortable place as per their needs.
Cryptocurrency wallets are the physical devices that store the crypto keys for various transactions. The currencies can be accessed from anywhere through this wallet
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Ledger Nano X vs Trezor Model T – Which Hardware Wallet Is Safer?
When we talk about hardware wallets, the few devices that come to our mind are Ledger Nano X and Trezor Model T hardware wallets. Both these hardware wallets are premium versions and have advanced features enabled.
Choosing a wallet among these two can be a difficult choice. This article contains a comparative review of both the devices to give you a thorough understanding.
So, without any further ado let’s start with the Ledger Nano X vs Trezor Model T comparison
| Wallet Name | Ledger Nano X | Trezor Model T |
| Wallet Type | Cold | Cold |
| Year Of Origin | 2014 | 2017 |
| Coins Supported | 1500+ | 1000+ |
| User-Friendliness | Simple to use | Simple to use |
| Key Features | ||
| Transparency | Open-Source | Open-Source |
| Wallet Connectivity | Bluetooth Wifi USB | USB |
| Security | Excellent | Excellent |
| Mobile App | Yes | No |
| Payment Method | Credit/Debit Card PayPal Wire Transfer | Credit Card |
| Pros | Provides a wide range of tokens and coins | Touch screen available with big screen |
| Cons | The touch screen feature isn’t available | Expensive |
| Price | $199 (AUD) | $388 (AUD) |
| Money-Back Guarantee | 14 Days | 14 Days |
Ledger Nano X Wallet
Ledger is a company that provides hardware wallets for cryptocurrency users. These wallets provide the users with around 27 coins and also more than 1500 tokens.
Ledger Nano X bitcoin wallets allow the users to store, buy and manage cryptocurrencies. This Ledger wallet has a Bluetooth feature that allows everyone to access their currencies from anywhere.
The wallet uses USB storage which helps in performing several functions. The wallet is very secure and gives a 24-word backup phrase that can be used to access the currencies if the device gets stolen or misplaced. The users can store around 100 applications in this wallet.
How Much Crypto Can A Ledger Hold?
A Ledger wallet supports a good amount of cryptocurrencies. It allows around 27 coins including bitcoin and more than 1500 tokens. Generally, it gives access to around 1800 currencies.
Has Ledger Nano X Been Hacked?
Ledger, the hardware wallet company was hacked in July 2022. In the incident, a huge number of people were affected as their personal information got leaked and the company’s marketing database was stolen.
Even though the hackers were not able to access the customer’s devices, only the server data was stolen.
After this incident, the Ledger wallet has strengthened its security and taken safety measures to handle the situation. Hardware wallets are safe and secure to use, customers need to be cautious and responsible about their assets.
Ledger Nano X Pros and Cons
Let’s start with some pros and cons of this wallet to understand the basics and to have an overall idea
Pros
- A portable device
- The device belongs to a reputed company
- Provides a wide range of tokens and coins
- A multilingual device
- Good battery life
Cons
- The touch screen feature isn’t available
- Bluetooth can have a safety risk
Trezor Model T Wallet
Trezor is one of the oldest and first cryptocurrencies wallets introduced. The Trezor T wallet has all the features enabled and also supports all the old and modern cryptocurrencies.
It has a touch screen feature and is also compatible to use. This wallet is an updated version of the Trezor One wallet. Trezor T is a very popular and preferable choice for customers because of its features and simplicity.
Trezor T wallet supports around 1000 coins and tokens. This wallet allows purchasing of popular coins with fiat money. Trezor T wallet can easily store various types of cryptocurrencies and passwords.
What Is The Difference Between Trezor One and Model T?
Trezor One was the first hardware wallet introduced and has all the features. It is simple to use and supports around 1000 currencies.
Its screen is small and doesn’t have a touch screen feature. Trezor One is an affordable device. In Trezor One, the involvement of another device is needed which indicates vulnerable security.
The Trezor T model is an updated version of Trezor One and has all the advanced features enabled. It is easy to use and supports around 1800 currencies including the latest coins.
The device has a touch screen feature with a bigger screen. Trezor T is expensive and all can be managed within the system without any other device involvement which ensures proper security.
Is Coinbase Compatible With Trezor?
Customers can transfer funds to and fro from Coinbase to Trezor and vice versa. Other than this, both of them cannot be integrated and connected like an API.
Trezor Model T Hardware Wallet Pros and Cons
To know more about the wallet specifically, let’s see some of its pros and cons that will help in getting a better review
Pros
- Touch screen available with big screen
- Allows purchase of cryptocurrencies with fiat money
- Supports more than 1000 currencies
- Trezor T isolates the private keys
- Open-source
Cons
- Expensive
- Doesn’t supports iOS
Ledger Nano X Design
Every hardware wallet is designed in a unique style of design and compatibility. The overall design and its features depend on the respective company. Ledger Nano X hardware wallet weighs 34 g and its size is 72mm x 18.6mm x 11.75mm.
It is twice as large and heavy as the Ledger Nano S wallet. It has a 100 mAH battery that helps in using it anywhere and is also the reason for its bigger size. It is also bigger than the Trezor One. It has a large OLED screen and more memory. A sleek and modern design device.
Trezor Model T Crypto Wallet Design
Trezor is the first to introduce a hardware wallet called Trezor One. Trezor T hardware wallet is the next generation of Trezor One with updated features.
Trezor T weighs 22 g and its size is 64 mm x 39 mm x 10 mm. It is not very heavy and large. It has a touch screen which is the best feature and is 240×240 pixels.
To connect it with a smartphone or PC you need a USB-C connector. Has an ARM processor of 168 MHz. A modern design hardware wallet that is easy to carry and use.
Ledger Nano X Wallet User-Friendliness
The Ledger Nano X cold wallet is easy and simple to use. The device has two buttons through which you can navigate the options.
It has a display screen but doesn’t provide a touch screen, hence needs the effort to move from one option to another. This Nano X has a large screen and big buttons which make it simpler to use.
The device’s website provides all information about the wallet for helping the customers.
Trezor Model T Wallet User-Friendliness
Trezor T is easy to use even with its advanced features. The navigation of options becomes simple due to the touch screen feature.
Trezor works with various operating systems. The buying and exchanging of cryptocurrencies can be done within the application.
The setup process is easy. The Trezor website provides all the information required to use the wallet smoothly.
Ledger Nano X vs Trezor Model T User-Friendliness Winner
The Ledger Nano X wallet and Trezor Model T both are easy and simple to use. The setup process is simple and both the wallet’s website provides information needed for using the wallets.
Considering one feature it can be said that Trezor T is preferable to Ledger Nano, that it has a touch screen which makes it easy and smooth to operate.
Ledger Nano X Cold Wallet Features
In this review, we have discussed some basic features of the Ledger Nano X hardware wallet to give you a better understanding of this hardware wallet.
- It is a USB storage wallet that helps in storing cryptocurrencies offline.
- It works with the mobile app called Ledger Live, which allows users to make transactions and check balances online.
- This wallet has Bluetooth which can be connected to smartphones and PCs. The wallet also provides USB-C and USB-A cables.
- It has a 100 mAH battery that allows continuous use for hours without any disruptions.
- Has a bigger screen than the Ledger Nano S.
Trezor Model T Hardware Wallet Features
Now, let’s get to know some of the basic features of the Trezor Model T crypto wallet which will help you to know the overall functions of this hardware wallet.
- The wallet supports around 1000 currencies including the latest coins.
- It has a touch screen feature that makes it convenient to use for the users. The screen is also bigger.
- Trezor T stores cryptocurrencies, passwords, and other types of keys as well.
- Allows purchase of cryptocurrencies with fiat money and also permits the exchange of currencies.
- It supports various operating systems and provides reliable security measures.
Ledger Nano X vs Trezor Model T Features Winner
Both the hardware wallets have their respective features enabled. If compared, Ledger Nano supports more currencies than Trezor Model T.
Ledger Nano X also has Bluetooth which is not found in Trezor T. In the same way, Trezor T has a touch screen feature that is not available in Ledger Nano X.
Trezor T allows the purchase of crypto with fiat money. So, both wallets have diverse features enabled.
Ledger Nano X Wallet Security
The Ledger company provides proper security and safety for the holdings. It uses certified chips called Secure Element chips (SE), in which the private keys are stored safely.
The Ledger company uses an operating system called “Blockchain Open Ledger Operating System”. The Ledger wallets are the only devices to use both a secure element and a proprietary operating system.
It ensures safety and also provides a recovery phrase. An incident of data breach happened with the company however, the Nano wallets are not related to the incident
There are also minor security concerns due to the Bluetooth enabled though it doesn’t transfer personal data.
Trezor Model T Wallet Security
Trezor Model T cold wallet is a very secure and safe wallet with its advanced features. It stores the private keys offline and doesn’t share them even if the device is connected to another device.
It gives a recovery seed that is created offline to the users. This recovery seed is a backup phrase that can be used to get access to your assets when your device is stolen or misplaced.
The wallet asks for a PIN code every time for accessing your assets which ensures safety. The Trezor Model T has various advanced security features and has also never been hacked.
Ledger Nano X vs Trezor Model T Security – Winner
Both wallets provide various security measures for ensuring the safety and security of customers’ cryptocurrencies.
Both provide a backup recovery phrase that helps in getting access to the holdings in case of any incidents. Several different types of security measures are used by both wallets. Both are very secure wallets to use.
Trezor Model T vs Ledger Nano X Supported Coins
Trezor Model T and Ledger Nano X cold wallet both support a good amount of coins. The Trezor Model T hardware wallet offers more than 1000 currencies including the latest coins in its wallet.
The Ledger Nano X wallet offers around 1800 currencies in its wallet. If compared, the Ledger Nano supports more coins than the Trezor T. However, both are updated wallets and offer the latest coins in their system.
Ledger Nano X vs Trezor Model T Mobile App and Connectivity
The Ledger Nano X bitcoin wallet has a mobile app called Ledger Live. It can be downloaded on desktops and smartphones.
This mobile app has various features that include the transfer of funds and checking crypto balances. The Trezor Model T cold wallet doesn’t have a mobile app yet, however, the company is planning to introduce one in the upcoming days.
It can be used with Chrome and also offers a desktop app called Trezor Suite. Both companies allow the use of third-party wallets for trading and storing cryptocurrencies.
For connectivity, the Trezor T needs a USB-C connector. The Ledger Nano offers USB-C and USB-A cables.
Trezor Model T vs Ledger Nano X Payment Methods
There are various payment methods used by hardware wallets. In the Trezor Model T wallet, the payments can be done with cryptocurrency, debit card, and credit card.
This wallet also allows the purchase of cryptocurrencies with fiat money and the exchange of coins within the application. In the Ledger Nano X wallet, the payments can be done with crypto.com Pay, credit card, PayPal, and BitPay.
Payment of various transactions can be done easily by using these methods. Both wallets provide various methods for payments. All the methods are safe, secure, and simple to use.
Ledger Nano X vs Trezor Model T Pricing
The Ledger Nano X and Trezor Model T hardware wallet both are updated versions and cost higher than their predecessors. Among both the hardware wallets the Trezor Model T is more expensive than the Ledger Nano X wallet.
The Trezor Model T costs around $388.00 whereas the Ledger Nano X will cost you about $199
It provides advanced functions and a touch screen feature which makes it easy and convenient to use and costs higher than most wallets. The Ledger Nano X hardware wallet has Bluetooth enabled but doesn’t have a touch screen feature.
Ledger Nano X vs Trezor Model T – Conclusion
After a great comparison between Ledger Nano X vs Trezor Model T crypto hardware wallets, we can conclude that both the hardware wallets, the Ledger Nano X hardware wallet, and Trezor Model T crypto wallet are user-friendly, ensure safety, and security, stores data, have several features and both belong to reputed companies.
The Trezor Model T has a touch screen feature and advanced features that make it easy and convenient to use, but it is more expensive than the other wallets.
The Ledger Nano X is affordable, has Bluetooth enabled, and is also easy to use, but it doesn’t have a touch screen feature which makes the navigation a little bit complicated. So, it solely depends on the user’s choice of which hardware wallet they want to have.
