If you are starting in the world of cryptocurrencies you may be searching for different ways to store your cryptocurrencies. If you are here it is because you know what cold storage wallets are and how they work. In this article we will analyze the main differences between these two famous hardware wallets, the Ledger Nano S and the Trezor.
Before starting, these two products are the best hardware wallets in the market, as of today. That means that if you get one or the other you will be making a good choice.
Hardware wallets allow you to have your wallet physically available and they have different layers of security compared to other kind of wallets out there.
You can learn more about how to store Bitcoin online in this article.
Ledger Nano S
The Ledger Nano S has the shape of a common USB device but with a small OLED display in the middle. Additionally, it has two side buttons that makes it easier for the user to use the device. The construction seems to be pretty strong and durable, meaning that it can last longer than a simple paper wallet.
The hardware wallet works with two buttons that are located on the top of the device. It is very easy to use due to the fact that the Ledger Nano S has a screen included.
In Ledger you can decide which cryptocurrencies you want to store. They work with lots of cryptocurrencies including Bitcoin, Bitcoin Gold, Ripple, Ethereum, Litecoin, Pvix, Komodo, Zcash, Ark, among others. Compared to Trezor, these are lots of cryptocurrencies.
At the moment, the price of the Ledger Nano S is 94.8€, with taxes and shipping included.
This hardware wallet works with Linux, Windows and OSX to set up Trezor. This hardware wallet support just some cryptocurrencies, less than the Ledger Nano S. It only supports, Bitcoin, Bitcoin Cash, Litecoin, Dash, Zcash, Ethereum and Ethereum Classic.
As the Ledger Nano S, the Trezor has included two buttons in the front of the device. The main difference with the Ledger Nano S, in this case, is that the Trezor has a bigger screen and it seems easier to use.
This hardware wallet can be bought in two different colours, white and black, while the Ledger Nano S comes in just one simple colour. Besides that, the USB cable that it has it is shorter than the one from the Ledger Nano S. If you have a desktop computer it may be uncomfortable.
Trezor is being sold around 89€ excluding VAT and without shipping.
Both of these hardware wallets are secure and work as they should. If you are searching to store more cryptocurrencies, maybe it would be a better choice the Ledger Nano S.
If you are a bitcoin holder or you don’t move away from the most important cyrptos in the market, you care about the colours and the bigger screen, then Trezor is a better choice.
If you are worried about your safety, both of these wallets offer the same layers of security. This should not be a reason to chose one or the other.
Images Provided by Ledger and Trezor
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