Ledger vs Trezor: Which Hardware Wallet is Best in 2025?
Adam Woodhead
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Adam is a Co-Founder and content creator for The Investors Centre. His key areas of interest and expertise are cryptocurrency and blockchain technology.
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Thomas Drury
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Seasoned finance professional with 10+ years' experience. Chartered status holder. Proficient in CFDs, ISAs, and crypto investing. Passionate about helping others achieve financial goals.
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Updated 26/02/2025
Ledger vs Trezor: A Quick Overview
Both Ledger and Trezor are industry leaders in hardware wallets, but they take different approaches to security, usability, and features. While Ledger supports more coins and has better mobile integration, Trezor’s open-source approach is preferred by those who value transparency.
Ledger Nano S Plus
- £70-£90
- USB-C, no Bluetooth
- Same security as Nano X
- Supports 5,500+ assets
- Budget-friendly option
Ledger Nano X
- £110-£130
- Bluetooth + USB-C support
- 5,500+ crypto supported
- Secure element chip
- Ledger Live app required
Trezor Model One
- £50-£70
- Micro-USB connection only
- Basic OLED screen
- 1,000+ assets supported
- Most affordable option
Trezor Model T
- £170-£190
- Touchscreen interface
- USB-C, no Bluetooth
- Shamir Backup supported
- 1,200+ assets supported
Ledger vs Trezor: A Quick Overview
Both Ledger and Trezor are industry leaders in hardware wallets, but they take different approaches to security, usability, and features. While Ledger supports more coins and has better mobile integration, Trezor’s open-source approach is preferred by those who value transparency.
Wallet Model | Price (£) | Crypto Support | Best For |
---|---|---|---|
Ledger Nano S Plus | £79 | 5,500+ assets | Budget-conscious users |
Ledger Nano X | £149 | 5,500+ assets | Mobile users & advanced traders |
Trezor Model One | £59 | 1,000+ assets | Beginners |
Trezor Model T | £189 | 1,200+ assets | Advanced users & security-focused investors |
📌 Key Differences:
✅ Ledger has better mobile support (via Bluetooth & Ledger Live).
✅ Trezor is fully open-source, providing transparency.
✅ Ledger supports 5,500+ cryptocurrencies, compared to Trezor’s 1,200+ assets.
✅ Trezor Model T offers Shamir Backup, a unique security feature.
Why I Switched to a Hardware Wallet
When I first got into crypto, I kept my assets on exchanges, thinking it was the easiest way to manage them. That changed when I saw friends get locked out of their accounts or fall victim to exchange hacks.
A growing number of people are facing similar challenges. In 2018 alone, approximately $1.7 billion in cryptocurrency was lost to scams, theft, and fraud.
Hardware vs. Software Wallets: Why Choose a Hardware Wallet?
I started with software wallets like MetaMask because they were free and easy to use. But I quickly realized their biggest flaw—they are always connected to the internet, making them vulnerable to hacks, phishing attacks, and malware.
✅ A hardware wallet stores your private keys offline, significantly reducing the risk of cyber threats.
🔹 Peace of mind – Knowing my crypto is safe, even if my PC is compromised.
🔹 No exchange dependence – I control my assets, not a third party.
🔹 Protection against phishing – No risk of accidentally signing a malicious transaction.
📊 Crypto adoption is growing rapidly—between 2018 and 2020 alone, the global cryptocurrency user base grew by nearly 190%. (Source: Statista)
That said, hardware wallets aren’t perfect. If you lose your recovery phrase, you lose access to your funds. Also, setting them up can be intimidating for beginners.
But overall, if you’re serious about crypto, a hardware wallet is a must-have investment.
Ledger vs. Trezor: Full Model Comparison
Both Ledger and Trezor are industry leaders in hardware wallets, but they take different approaches to security, usability, and features.
Feature Comparison: Ledger vs. Trezor
Feature | Ledger Nano X | Ledger Nano S Plus | Trezor Model T | Trezor Model One |
---|---|---|---|---|
Security | Secure element chip | Secure element chip | Open-source firmware | Open-source firmware |
Connectivity | Bluetooth + USB-C | USB-C only | USB-C only | Micro-USB only |
Crypto Support | 5,500+ assets | 5,500+ assets | 1,200+ assets | 1,000+ assets |
Screen | Small OLED (non-touch) | Larger OLED (non-touch) | Full-color touchscreen | Small OLED (button controls) |
Mobile Support | iOS & Android | Android only | Android only | Android only |
Backup Options | Standard seed phrase | Standard seed phrase | Shamir Backup supported | Standard seed phrase |
Price | ~£120 ($149) | ~£80 ($79) | ~£180 ($219) | ~£60 ($69) |
Build Quality | Metal + plastic | Plastic only | Plastic only | Plastic only |
Firmware | Closed-source | Closed-source | Fully open-source | Fully open-source |
📌 Which Wallet is Best for You?
🔹 Beginners → Trezor Model One (Simple setup, easy UI).
🔹 Advanced Users → Ledger Nano X (More features, secure chip).
🔹 NFT Collectors → Ledger Nano X (Built-in NFT management).
🔹 Privacy Enthusiasts → Trezor Model T (Open-source firmware).
🔹 Long-Term Holders → Ledger Nano S Plus (Affordable, cold storage focus).
📌 Final Decision:
✅ If you prioritize ease of use and open-source security, Trezor is the better choice.
✅ If you want wider coin support, built-in mobile accessibility, and stronger physical security, Ledger is the clear winner.
For those who hold a diverse range of cryptocurrencies, the 5,500+ supported coins on Ledger provide greater flexibility compared to Trezor.
The decision ultimately depends on your personal security preferences and usage needs.
Security – How Do Ledger and Trezor Compare?
Security was my top concern when choosing between these wallets. Both offer cold storage, but they approach security differently.
Trezor’s Security Model Explained
✅ Fully open-source firmware—security researchers can audit the code.
✅ No Secure Element chip, meaning a stolen device could be physically hacked.
✅ Shamir Backup (Model T) provides an advanced recovery solution.
💡 Why It Matters: Trezor’s security relies on transparency, but the lack of a Secure Element chip makes it vulnerable to physical attacks.
Trezor’s Shamir Backup: Advanced Security for Recovery
One unique Trezor-exclusive feature is Shamir Backup, available on the Trezor Model T.
How Shamir Backup Works
✅ Splits your recovery phrase into multiple shares (e.g., 3 out of 5 needed to restore).
✅ Prevents single-point failure – Losing one share does not compromise recovery.
✅ Customizable threshold system – Users define how many shares are required for recovery.
💡 Why It’s Better: Unlike Ledger’s single 24-word seed, Shamir Backup reduces the risk of total wallet loss if part of the backup is compromised.
📌 Best For: Users who want extra security for recovery protection.
Ledger’s Security Model Explained
✅ Uses a Secure Element (SE) chip, like those in passports and credit cards.
✅ Prevents physical hacks, making it harder to extract private keys even if stolen.
✅ Closed-source firmware, requiring trust in Ledger’s security claims.
💡 Why It Matters: Ledger is better protected against physical attacks, but Trezor offers more transparency.
📌 Final Security Verdict:
🔹 For physical security, Ledger is the better choice.
🔹 For open-source transparency, Trezor is superior.
For remote threats, both wallets are highly secure. But for physical security, Ledger has the edge with its Secure Element chip. However, if you value transparency, Trezor’s open-source model might be more appealing.
According to cybersecurity expert Dr. James Lawson, “Hardware wallets remain the best protection against digital threats, but users must take responsibility for their recovery phrases. The biggest risks come from social engineering and phishing, rather than the devices themselves.”
Connectivity: How Trezor and Ledger Connect to Devices
One of the most important factors when choosing a hardware wallet is how it connects to other devices. Both Trezor and Ledger offer USB connectivity, but Ledger provides additional Bluetooth functionality, making it more flexible for mobile users.
Ledger Connectivity: USB-C & Bluetooth for Maximum Flexibility
✅ Ledger Nano X – Features Bluetooth connectivity, allowing wireless access via the Ledger Live app on iOS & Android.
✅ Ledger Nano S Plus – Connects via USB-C (no Bluetooth), making it compatible with desktops and Android phones (via an OTG adapter).
✅ Supports third-party wallets such as MetaMask, MyEtherWallet, and Binance Wallet, making it highly versatile.
💡 Why It’s Better: The Nano X supports wireless transactions, making it more convenient for those who prefer managing crypto on mobile devices.
Trezor Connectivity: USB-Only for a More Secure, Wired Connection
❌ No Bluetooth support on any model—Trezor prioritizes wired connections for maximum security.
✅ Trezor Model One – Uses USB-A to Micro-USB (requires an adapter for newer devices).
✅ Trezor Model T – Uses USB-C, making it compatible with modern laptops, desktops, and Android phones.
✅ Works with web-based wallets like MetaMask and Exodus, but lacks mobile-first integrations like Ledger.
💡 Why It Matters: Trezor focuses on security over convenience. The lack of Bluetooth means fewer attack vectors, but it limits mobile usability compared to Ledger.
Ledger vs. Trezor: Which One is More Versatile?
🔹 Ledger Nano X is the best choice for those who want wireless transactions via Bluetooth.
🔹 Trezor is better suited for security-focused users who prefer a direct USB connection and don’t need mobile access.
🔹 Ledger supports more third-party integrations, making it more versatile for DeFi, NFTs, and staking.
💡 Final Verdict: If you need full mobile support, go for Ledger Nano X. If you prioritize USB-only security, Trezor is the safer bet.
Ease of Use: Which Wallet is More User-Friendly?
Setting up a hardware wallet can be intimidating for beginners. Both Ledger and Trezor offer secure onboarding processes, but they differ in ease of setup, user interface, and mobile accessibility.
Ledger: Best for Mobile-Friendly & Streamlined Setup
✅ Step-by-step guided setup using Ledger Live, making onboarding simple.
✅ Mobile-friendly interface with real-time portfolio tracking & transaction approvals.
✅ Intuitive OLED display (small screen, but effective for confirmations).
✅ More features = Slightly steeper learning curve, but excellent for long-term usability.
💡 Best For: Users who want mobile-friendly management with built-in DeFi, staking, and NFT tools.
Trezor: Best for Beginners & Simplicity
✅ Plug-and-play setup via Trezor Suite, making it ideal for beginners.
✅ Larger touchscreen (Trezor Model T) makes navigation easier compared to Ledger.
✅ Simple, no-frills interface with a focus on security & ease of navigation.
✅ No mobile app—requires desktop access, limiting flexibility for on-the-go users.
💡 Best For: Users who prioritize simplicity over advanced features and prefer a desktop-first experience.
Ledger vs. Trezor: Which One is Easier to Use?
🔹 Ledger offers a modern, mobile-first experience with built-in integrations for staking & NFTs.
🔹 Trezor is best for beginners with its simple, security-focused approach and larger touchscreen (Model T).
🔹 Ledger has a more feature-rich but slightly steeper learning curve, while Trezor is straightforward but lacks mobile support.
💡 Final Verdict: If you want advanced features with mobile ease, go for Ledger. If you prefer a basic, easy-to-use desktop wallet, Trezor is better.
Pricing: How Much Do Trezor & Ledger Wallets Cost?
Pricing is an important factor when choosing a hardware wallet. Trezor and Ledger cater to different budgets, offering models that balance security, features, and affordability.
Model | Price | Best for |
---|---|---|
Trezor One | £59 | Beginners |
Trezor Model T | £219 | Advanced users |
Ledger Nano S Plus | £79 | Affordable security |
Ledger Nano X | £149 | Mobile & high security |
Trezor Pricing: Affordable & Security-Focused
💡 Trezor Model One is the cheapest option, making it the best entry-level cold storage wallet.
💡 Trezor Model T is more expensive, but offers touchscreen convenience & Shamir Backup for extra security.
Ledger Pricing: More Features for the Price
💡 Ledger Nano S Plus (£79) is slightly more expensive than Trezor Model One (£59), but supports 5,500+ assets vs. 1,000+ on Trezor.
💡 Ledger Nano X (£149) is cheaper than Trezor Model T (£189), but offers Bluetooth & mobile support, making it a better value for users who need on-the-go access.
Additional Costs & Hidden Fees
While both Ledger and Trezor wallets are one-time purchases, some factors increase the overall cost:
✅ Ledger charges network fees for transactions, but that’s standard for crypto transfers.
✅ Trezor may require adapters for newer devices (Model One uses USB-A to Micro-USB).
✅ Ledger’s Nano X comes with Bluetooth, but some users prefer USB-only devices for security.
Ledger vs. Trezor: Which Wallet Offers the Best Value?
🔹 Trezor Model One is the most budget-friendly option at £59, making it ideal for those just starting out.
🔹 Ledger Nano S Plus (£79) offers better features for the price, including more crypto support & DeFi compatibility.
🔹 Trezor Model T (£189) is premium-priced, but its touchscreen and Shamir Backup make it unique.
🔹 Ledger Nano X (£149) offers better value than Trezor Model T, as it includes Bluetooth and mobile support for £40 less.
💡 Final Verdict:
✅ For budget users → Trezor Model One (£59) or Ledger Nano S Plus (£79).
✅ For premium features → Ledger Nano X (£149) is better value than Trezor Model T (£189).
✅ For mobile users → Ledger Nano X (Bluetooth) wins.
✅ For ultimate security → Trezor Model T (Shamir Backup) is unmatched.
Staking Support: Which Wallet is Better for Passive Income?
Staking allows users to earn passive income by participating in blockchain networks. Both Ledger and Trezor support staking, but they differ in ease of use and available cryptocurrencies.
Ledger: Native Staking via Ledger Live
✅ Staking is built into Ledger Live, making it a seamless experience.
✅ Supports 8+ cryptocurrencies, including:
- Ethereum (ETH) (For more on how to buy ETH click here)
- Polkadot (DOT)
- Tezos (XTZ)
- Cosmos (ATOM)
- Solana (SOL)
- Algorand (ALGO)
- Tron (TRX)
- Cardano (ADA)
💡 Why It’s Better: Ledger users can stake directly in Ledger Live, eliminating the need for third-party integrations.
Trezor: Staking Requires Third-Party Apps
❌ No built-in staking support—users must rely on external wallets like:
- MetaMask (ETH staking via Lido or Rocket Pool)
- Exodus (XTZ, ADA, and DOT staking)
- Trust Wallet (various staking assets)
💡 Downside: Since Trezor doesn’t have built-in staking, users must connect to third-party services, adding extra steps and security risks.
Ledger vs. Trezor: Which One is Better for Staking?
🔹 Ledger offers direct staking, making it faster, easier, and more secure.
🔹 Trezor users must rely on third-party wallets, which adds extra steps.
🔹 Ledger supports more staking assets than Trezor.
💡 Final Verdict: If staking is important, Ledger is the clear winner due to native staking integration and wider asset support.
NFT Support: Which Wallet is Best for Web3 & NFTs?
For NFT collectors, wallet support is crucial. Ledger and Trezor take different approaches to NFT storage and management.
Ledger: Built-In NFT Support via Ledger Live
✅ Full NFT support – View, manage, and trade Ethereum & Polygon NFTs directly in Ledger Live.
✅ Secure NFT transactions – Every NFT transfer requires device confirmation, preventing unauthorized actions.
💡 Why It’s Better: Ledger doesn’t require third-party apps—NFTs are managed natively in Ledger Live.
Trezor: Third-Party NFT Management
❌ No built-in NFT support – Users must connect to third-party wallets, such as:
- MetaMask (Ethereum & Polygon NFTs)
- Phantom Wallet (Solana NFTs)
✅ Security: Private keys stay offline, but NFT transactions must be signed through external wallets.
💡 Downside: Since Trezor lacks native NFT management, users must rely on external wallets, adding extra complexity.
Ledger vs. Trezor: Which One is Better for NFTs?
🔹 Ledger offers a complete, built-in NFT experience, making it easier and safer.
🔹 Trezor requires third-party apps, making it less convenient for NFT users.
💡 Final Verdict: If NFTs are part of your portfolio, Ledger is the superior choice due to direct NFT management and better security features.
Trezor’s Open-Source Software: Maximum Transparency
Trezor’s firmware and software are 100% open-source, meaning:
🔹 Publicly audited – Anyone can inspect the code for security vulnerabilities.
🔹 Community-driven improvements enhance trust and security.
🔹 No hidden elements – Unlike Ledger’s proprietary firmware.
💡 Why It Matters: Open-source transparency ensures greater trust and security for users concerned about code vulnerabilities or hidden exploits.
Ledger’s Software Capabilities & Modern Integrations
Ledger combines advanced security with a modern tech ecosystem, making it highly versatile.
✅ Ledger Live App – A feature-rich software suite for desktop & mobile.
✅ NFT & DeFi Support – Directly manage Ethereum & Polygon NFTs, plus access DeFi apps.
✅ Bluetooth Integration (Nano X) – Enables wireless portfolio management on mobile.
✅ Third-Party Integrations – Compatible with MetaMask, MyEtherWallet, and Binance Wallet.
💡 Why It’s Powerful: Ledger’s software ecosystem is more advanced, offering seamless crypto, DeFi, and NFT management in one interface.
Ledger vs Trezor: Pros and Cons Breakdown
Every hardware wallet has its advantages and drawbacks. Below is a concise comparison of the pros and cons of Ledger and Trezor.
Ledger Pros:
- Secure Element chip for enhanced security
- Supports 5,500+ cryptocurrencies
- Ledger Live mobile app for ease of use
- Better support for NFTs
- Direct staking integration
Ledger Cons:
- Firmware is not fully open-source
- More expensive than Trezor One
- Ledger Recover controversy raised privacy concerns
Trezor Pros:
- Fully open-source firmware
- Easier setup for beginners
- More affordable options available
- Strong privacy-focused features
Trezor Cons:
- Does not support XRP or Monero
- No Secure Element chip
- No dedicated mobile app
Summary: Which is the Best Hardware Wallet in 2025?
Key Takeaways:
💡 Best Overall Security: Ledger Nano X (Secure chip + Bluetooth for mobility).
💡 Best Budget Option: Trezor Model One (Most affordable without sacrificing security).
💡 Best Crypto Support: Ledger Nano X & Nano S Plus (Support 5,500+ assets).
💡 Best for Ease of Use: Trezor Model T (Touchscreen for easier navigation).
💡 Best for Transparency: Trezor Model T & Model One (Fully open-source firmware).
📌 Final Verdict:
- For the best security + mobile support → Ledger Nano X
- For affordability + strong security → Trezor Model One
- For usability + touchscreen → Trezor Model T
- For a budget-friendly but powerful option → Ledger Nano S Plus
🔥 Conclusion: Both Ledger and Trezor have their strengths. Choose based on your security needs, crypto usage, and budget! 🚀
💰 Buy your Ledger or Trezor wallet today to keep your crypto safe! 💰
Ledger Nano S Plus
- £70-£90
- USB-C, no Bluetooth
- Same security as Nano X
- Supports 5,500+ assets
- Budget-friendly option
Ledger Nano X
- £110-£130
- Bluetooth + USB-C support
- 5,500+ crypto supported
- Secure element chip
- Ledger Live app required
Trezor Model One
- £50-£70
- Micro-USB connection only
- Basic OLED screen
- 1,000+ assets supported
- Most affordable option
Trezor Model T
- £170-£190
- Touchscreen interface
- USB-C, no Bluetooth
- Shamir Backup supported
- 1,200+ assets supported
FAQs
Both wallets offer strong security, but Trezor’s lack of a Secure Element chip makes it more vulnerable to physical attacks.
Trezor is fully open-source, meaning its firmware is constantly audited by security researchers, reducing the risk of hidden vulnerabilities.
Yes, it is completely optional, and users can avoid enabling it while still benefiting from Ledger’s security.
Trezor One is simpler to set up and more beginner-friendly than Ledger.
Ledger Nano X offers the best balance of security, mobile access, and supported assets, making it the best hardware wallet for UK crypto holders.
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References:
- Statista
- Business of Apps
- UK FCA Crypto Regulations:
- Coinbase Official Website: www.coinbase.com
- Crypto.com Official Website: www.crypto.com
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