What is a crypto hardware wallet?

A hardware wallet is a physical device that stores your cryptocurrency private keys offline. Also known as a cold wallet, it protects your private keys against hacking and other online threats. Hardware wallets connect to your computer or mobile device by USB, Bluetooth or NFC in order to sign transactions.

Ledger or Trezor—which is better?

In our head-to-head comparison, we found that Ledger offers a better range of features and supported cryptos for a wider range of people. However, Trezor wallets also offer a very competitive and secure alternative, so it’s worth comparing wallets based on your needs and budget to find one that’s right for you.

Ledger vs Trezor—which crypto wallet has been around longer?

Ledger was founded in 2014 and is headquartered in Paris, France. Trezor was founded slightly earlier in 2013 in the Czech Republic, and it launched the world’s first hardware wallet, the Trezor One, in 2014.

How can I choose the best hardware wallet?

You’ll need to consider your individual requirements before deciding on the best cold wallet. Start by working out your budget, then focus on the key features you need in a wallet. Compare security features, the coins and tokens the wallet supports, how easy it is to use and what sort of customer support is available to find a wallet that meets your needs.

Trezor vs Ledger: Choosing the Best Crypto Wallet

Trezor and Ledger are the two biggest names in the crypto hardware wallet world. Both are established companies, and both offer a selection of hardware wallets that provide secure offline storage for your private keys.

But which is the better option for you? Let’s compare Trezor vs Ledger head-to-head to find out.

Summary of Trezor wallet offerings and features

	Trezor Safe 3	Trezor Safe 5	Trezor Safe 7
Dimensions	59 x 32 x 7.4mm / 14g	65.9 x 40 x 8mm / 23g	75.4 x 44.5 x 8.3mm / 45g
Display	128 × 64px monochromatic OLED screen	240 x 240px colour touchscreen	520 x 380 px high-res colour display
Battery	❌ Must be plugged in to function	❌ Must be plugged in to function	✅ 330mAh battery
Security mechanism	Secure element chip	Secure element chip	Dual Secure element chips
Security certifications	CC EAL6+	CC EAL6+	CC EAL6+
Connection	USB-C	USB-C	USB-C, Bluetooth, wireless QI charging
Compatibility	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 12+ and iOS 15+)	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 12+ and iOS 15+)	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 12+ and iOS 15+)
Backup	12-, 20- and 24-word seed phrase	12-, 20- and 24-word seed phrase	12-, 20- and 24-word seed phrase
Supported coins	9,000+	9,000+	9,000+
Staking	✅	✅	✅
NFT management capability	✅	✅	✅
Trezor Suite built in?	✅	✅	✅
Price (CAD)	$99	$209	$409
Get started	Go to site	Go to site	Go to site

Summary of Ledger wallet offerings and features

	Ledger Nano S Plus	Ledger Nano X	Ledger Nano Gen5	Ledger Flex	Ledger Stak
Dimensions	62.4 × 17.4 × 8.2mm / 21g	72 x 18.6 x 11.75mm / 34g	79.4 × 53.3 × 8.6mm / 46g	78.4 × 56.5 × 7.7mm / 58g	85 × 54 × 6mm / 45g
Display	128 x 64px monochrome OLED display	128 x 64px monochrome OLED display	300 x 400px monochrome E Ink touchscreen	480 x 600px 16 grayscale E Ink touchscreen	400 x 670px 16 grayscale curved E Ink touchscreen
Battery	❌ Must be plugged in to function	✅ 100mAh battery	✅ 200mAh battery	✅ 200mAh battery	✅ 200mAh battery
Security mechanism	Secure element chip	Secure element chip	Secure element chip	Secure element chip	Secure element chip
Security certifications	CC EAL6+	CC EAL5+	CC EAL6+	CC EAL6+	CC EAL6+
Connection	USB-A to USB-C	USB-A to USB-C, Bluetooth	USB-C, Bluetooth, NFC	USB-C, Bluetooth, NFC	USB-C, Bluetooth, NFC, wireless QI charging
Compatibility	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 9+ only)	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 9+ or iOS 13+).	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 9+ or iOS 13+).	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 9+ or iOS 13+).	PC (Windows 10+, macOS 12+ and Linux), Mobile (Android 9+ or iOS 13+).
Backup	24-word seed phrase	24-word seed phrase	24-word seed phrase	24-word seed phrase	24-word seed phrase
Supported coins	15,000+	15,000+	15,000+	15,000+	15,000+
Staking	✅	✅	✅	✅	✅
NFT management capability	✅	✅	✅	✅	✅
Ledger Live built in?	✅	✅	✅	✅	✅
Price (CAD)	$74	$149	$269	$369	$599
Get started	Go to site	Go to site	Read review	Go to site	Go to site

Trezor vs Ledger: Security features

Trezor and Ledger are both considered leaders when it comes to wallet security. Both offer secure self-custody and cold storage of private keys, but the two manufacturers have different features designed to help keep your coins and tokens safe.

Ledger is known for its use of tamper-resistant secure element chips—the same chips used in credit cards and passports. This has seen Ledger develop one of the best security track records of any hardware wallet maker on the market today.

Ledger’s secure element chip used to be a key point of difference with Trezor, but Trezor’s latest hardware wallets now all feature their own secure element chips. The Safe 7 even has dual elements—the open-source TROPIC01 and an OPTIGA Trust M for an extra layer of security.

Ledger hardware wallets (except the Nano X) have CC EAL 6+ certification. One of the main factors to consider for EAL (Evaluation Assurance Level) certification is whether a device can be penetrated in a hack, so such a high level of certification provides peace of mind for crypto holders. Ledger wallets are further protected by a 24-word recovery phrase.

However, Ledger did experience a security breach in December 2023, when a hacker published malicious code that affected the Ledger Connect Kit library. The hack affected multiple dApps and resulted in the theft of approximately $600,000 worth of crypto.

Unlike Ledger, Trezor is completely open source—an important feature for hardcore crypto enthusiasts. In 2020, Kraken Security Labs identified a security flaw in Trezor wallets, and Trezor has since changed the architecture of its wallets to remedy this.

Trezor also offers a host of security features to users. These include a customizable PIN of up to 50 digits, plus the option to create a passphrase for an extra layer of protection. Trezor also supports Taproot to increase the privacy of Bitcoin transactions, offers multi-share backup so you can divide your wallet backup phrase into multiple shares, and all its wallets come with EAL6+ certification.

Who’s the winner?

It’s a close call, but the high level of security offered by Trezor wallets is hard to beat.

Trezor vs Ledger: Supported coins

With its Trezor Suite app and third-party wallet apps like MetaMask and Exodus, Trezor supports thousands of coins and tokens. There’s no specific number of cryptos listed, but online sources tend to put it in the 8,000 – 9,000+ supported coins range.

You can search a list of supported coins and tokens by Trezor model on the manufacturer’s website. But it’s worth noting that Trezor does not support a handful of major cryptos, such as TRON (TRX), Hedera (HBAR) and Algorand (ALGO).

Meanwhile, Ledger’s list of supported cryptos in the Ledger Wallet and through third-party wallet compatibility exceeds 15,000. You can search a list of coins and tokens on the Ledger website, plus see what actions are supported for each crypto in the Wallet app—send/receive, buy, swap and stake.

Who’s the winner?

Ledger supports more cryptos, including some major ones not available with Trezor, so Ledger is the winner here.

Trezor vs Ledger: Ease of use

Trezor and Ledger wallets are relatively simple to set up straight out of the box. Cheaper models require you to push physical buttons to sign transactions, but high-end models offer larger displays and touchscreens.

Ledger has touchscreens on its three top-end models, while the Safe 5 gets a touchscreen and the Safe 7 gets a high-res display. There are multiple connectivity options available too, including Bluetooth and NFC, so you don’t necessarily have to rely on a USB cable.

Four out of five Ledger wallets get a built-in battery for added convenience, while only the Safe 7 gets a battery from Trezor. We also like the larger screens on the Ledger Flex and Stax, which, combined with its intuitive Ledger Wallet software, ensure simple crypto management.

Who’s the winner?

Ledger. Usability varies quite a bit between entry-level wallets and the most expensive options, but we think Ledger offers a slightly better overall experience for users. We also like the user-friendly interface of the Ledger Wallet—more on that in a minute.

Trezor vs Ledger: Software

Trezor’s companion software is Trezor Suite, which is available in desktop and mobile versions. It’s simple to connect your wallet and start using the software, and Trezor Suite offers a clean and simple interface that’s easy to navigate for new and experienced users alike.

You can use Trezor suite to send and receive crypto as well as buy, sell, stake and swap digital assets. Swaps are available on centralized and decentralized exchanges and are powered by Changelly, while the platform makes it easy to track your portfolio and transaction history. And thanks to Trezor Connect, you can also connect to third-party wallets and thousands of dApps.

Ledger Wallet (formerly Ledger Live) is Ledger’s software solution. Just like Trezor, the user interface is streamlined and offers a user-friendly experience right from the start. Connecting to your offline wallet to verify transactions is a breeze, and all the transaction and portfolio info you need is clearly displayed.

As well as sending and receiving, in-app buying and selling are supported too, along with cross-chain swaps powered by Changelly. And with Ledger Wallet acting as a gateway to Web3, you can also interact with thousands of other dApps.

Who’s the winner?

We found Ledger Wallet to be slightly more user-friendly than Trezor Suite, but it’s worth checking both platforms out for yourself to see which one you prefer.

Trezor vs Ledger: Price

Trezor’s range starts with the entry-level Safe 3 at US$59, the exact same price point as Ledger’s Nano S Plus.

In the mid-tier category, the Trezor Safe 5 is US$10 cheaper than the Ledger Nano Gen5. But what do you get for your money? One key difference is that the Nano Gen5 has Bluetooth connectivity and the Safe 5 doesn’t.

The Trezor Safe 7 and Ledger Flex share the same price of US$249. Prospective buyers will want to compare these two models side-by-side to see which one comes out on top. It’s a pretty even comparison, so it may come down to nothing more than personal preference.

And if price is no object, Ledger’s Stax is the most expensive of all at US$399. That’s a fair bit of coin in anyone’s language, and crypto holders who are simply looking for secure storage rather than sleek design might want to consider cheaper options.

Who’s the winner?

Trezor. There’s not much that separates Trezor and Ledger across the price points of most models. The Ledger Stax is an outlier, but otherwise, the models are all competitively priced.

How do the mobile apps for Trezor vs Ledger compare?

The Ledger Wallet app is free to download on Android and iOS devices. It offers a similar user experience to the desktop version, is Bluetooth compatible with all Ledger touchscreen wallets, and offers all the features you need to do everything from send crypto payments to curate your NFT collection. It’s received plenty of positive feedback too, including an average 4.9/5 rating from Apple users.

The Trezor Suite app is also free to download on Android and iOS devices. You can use it to check your balance, send and receive crypto, and stake your assets.

But Trezor points out that its Safe 3 and Safe 5 wallets have limited iOS functionality. Apple’s iOS doesn’t support USB connectivity with Trezor Safe 3 or Safe 5, so you can’t swap or send crypto or set up and manage your device.

	Trezor Suite app	Ledger Wallet app
Apple App Store rating	4.5/5 stars based on 800+ reviews	4.9/5 stars based on 14,000+ reviews
Google Play rating	4.7/5 stars based on 2,200+ reviews	4.5/5 stars based on 34,000+ reviews

* Reviews as of February 11, 2026.

Who’s the winner?

Ledger’s Wallet app is easy to use, has plenty of positive reviews, and offers better iOS functionality than Trezor Suite. That’s why Ledger takes the win here.

Other features we like about Trezor vs Ledger

Staking

Staking support is included in Trezor Suite for major cryptos like Ethereum (ETH), Solana (SOL) and Cardano (ADA). And by connecting to a third-party wallet, you can stake thousands of other assets.

Ledger Wallet offers native staking support for Ethereum (ETH), Solana (SOL), Cardano (ADA), Binance Smart Chain (BNB), LIDO Staked ETH (STETH), Avalanche C-Chain (AVAX), Polkadot (DOT), NEAR (NEAR) and more. You can also connect your Ledger to a third-party wallet like MetaMask to stake other tokens.

Customer support

If you need help with your Trezor wallet, you can search for a solution in the online support centre or ask a question in an online forum. Alternatively, you can start the process to file a support ticket by interacting with a chatbot. Phone support is not available.

Ledger does not offer phone support either. If you can’t find the help you’re looking for in the online support centre, you can start the ticket submission process by engaging with Ledger’s AI chatbot. You can ask to be connected to an agent instead, with agents available Monday to Friday, 9am to 2am Central European Time (6 hours ahead of Ontario).

What does Reddit think of the Trezor vs Ledger debate?

There’s a pretty even split among the Reddit community about whether Ledger or Trezor offer the best hardware wallets. Of course, responses vary depending on whether you’re on a Ledger or Trezor-themed Subreddit, or just a general crypto-related Subreddit.

Trezor wins praise for being completely open source, which is a key point of strength among crypto enthusiasts. Some say that choosing Ledger, which has some closed-source code, requires you to put your trust in the company behind the wallet. They also raise security concerns about the optional Ledger Recover service, which allows users to back up their seed phrase.

Meanwhile, Ledger fans trumpet the brand’s support for a wider range of coins and tokens, and the fact that it offers user-friendly software for regular transactions. Ledger’s compatibility with a variety of third-party wallets is another selling point.

Finally, there are also posters who say that no matter where you look on Reddit, you’re bound to find conflicting opinions on whether Trezor or Ledger is better. That’s why it’s important to do your own research and decide for yourself.

Final verdict

Ledger is the winner in multiple categories, so it narrowly comes out on top overall. But whether you should choose a Ledger or a Trezor wallet really depends on what you want in a wallet.

Trezor is worth considering if security is your top priority.

Ledger is a better option if you want maximum functionality and ease of use.

Still, it’s always best to compare Trezor vs Ledger, as well as a host of other hardware wallets, before deciding on which is the best storage solution for your crypto private keys.

Alternatives to Trezor and Ledger

SafePal

Founded in 2018 and supported by Binance Labs, SafePal offers a wallet app, a Chrome browser extension and a choice of three hardware wallets. The range features the US$50 S1, the US$70 X1 and the US$90 S1 Pro. All features are built-in batteries along with EAL 6+ independent secure elements and support for over 200 blockchains. The S1 and S1 Pro are air-gapped wallets, while the X1 uses a Bluetooth 5.0 signing mechanism.

COLDCARD

COLDCARD is another well-recognized wallet brand among crypto enthusiasts. It specializes in Bitcoin-only wallets that are fully air-gapped, feature dual secure elements and open-source code. You can choose from the US$130 Mk4 or the US$250 Q wallet.

Blockstream

This blockchain tech company offers a multi-platform Bitcoin wallet app as well as the Jade Classic (US$80) and Jade Plus (US$150) hardware wallets. Jade Plus uses a virtual secure element to protect your crypto, and it offers connectivity via Bluetooth, USB, SD card and QR codes.

Tangem

The Tangem hardware wallet (starting at US$54.90) features a sleek card design and is EAL6+ security rated. It offers storage for thousands of coins and tokens, and it has also undergone two independent firmware audits by separate security firms.

BitBox

The BitBox hardware wallet is another option worth considering if you’re searching for secure offline storage for your crypto private keys. It offers support for over 1,500 cryptos, but there’s also a Bitcoin-only edition available. Prices start at US$177.

Dive deeper: Best cold wallets in Canada

Compare Trezor and Ledger with other crypto wallets

8 of 11 results

Finder Score	Fiat currencies	Cryptocurrencies	Deposit methods	Disclaimer
9.7Excellent Coinbase Finder Award	9.7Excellent	1	288	Debit card, Electronic Funds Transfer, Interac e-Transfer, PayPal	Go to site Capital at risk More info Compare product selectionCompare	loading
8.8Great Kraken	8.8Great	7	379	Credit card, Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer, Apple Pay, Google Pay	Earn rewards by holding USDC on Kraken. All Kraken users earn 1.75%, while Kraken+ members earn 4.25%. Rewards accrue automatically based on your USDC balance. T&Cs apply.	Certain trading features are limited or unavailable to residents of Ontario and Quebec.	Go to site Capital at risk More info Compare product selectionCompare	loading
8.7Great Bitbuy	8.7Great	1	62	Cryptocurrency, Interac e-Transfer, Wire transfer	Go to site Capital at risk More info Compare product selectionCompare	loading
8.4Great Wealthsimple Crypto Finder Award	8.4Great	2	147	Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer, Linked bank account, Bank transfer (Direct Deposit), Online wallet	Get up to 3% of your deposit matched in a new Wealthsimple account. Valid until April 30, 2026.. T&Cs apply.	Go to site Capital at risk More info Compare product selectionCompare	loading
7.7Great Paybis	7.7Great	50	83	Credit card, Debit card, Apple Pay, Google Pay, SWIFT, AstroPay	Compare product selectionCompare	loading
5.2Standard MyBTC.ca Cryptocurrency Exchange	5.2Standard	1	2	Cash, Credit card, Debit card, Flexepin, Interac e-Transfer, Bank Wire	Go to site Capital at risk More info Compare product selectionCompare	loading
7.3Great VirgoCX	7.3Great	2	45	Credit card, Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer, Online Bill Payments	Compare product selectionCompare	loading
7.5Great Changelly Crypto-to-Crypto Exchange	7.5Great	88	921	Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay	Compare product selectionCompare	loading

Showing 8 of 11 results

Finder Score for crypto exchanges

To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.

Read the full methodology

Frequently asked questions about Trezor vs Ledger

You’ll need to consider your individual requirements before deciding on the best cold wallet. Start by working out your budget, then focus on the key features you need in a wallet. Compare security features, the coins and tokens the wallet supports, how easy it is to use and what sort of customer support is available to find a wallet that meets your needs.

Sources

Thank you for your feedback!

Written by

Tim Falk

Writer

Tim Falk is a freelance writer for Finder. Over the course of his 20-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

Tim's expertise

Tim has written 531 Finder guides across topics including:

Banking
Personal Loans
Car Loans
Stock Trading
Cryptocurrency

More resources on Finder

Ask a question

Click here to cancel reply.

You must be logged in to post a comment.

More guides on Finder

Trezor Safe 3 review
The security-focused Safe 3 is one of Trezor’s mid-tier hardware wallets.
Trezor Safe 5 review
Trezor’s flagship wallet offers a range of security-focused features.
Guide to the best Bitcoin wallets
Learn about the different types of crypto wallets and compare the best Bitcoin wallets in Canada.
Best wallet review
Best Wallet is a mobile crypto wallet that makes it easy to purchase and store crypto. But its features are still developing.
Ledger Wallet: Compare wallets, features and security
Your guide to Ledger crypto wallets, how they work and how to choose a Ledger wallet.
Ledger Stax review
Learn how the Ledger Stax stands out compared to previous Ledger hardware wallets.
13 best non-custodial wallets in Canada
Our round-up of the best non-custodial crypto wallets and what makes each one stand out.
Ledger Nano S Plus review
Learn about the capabilities, benefits and pitfalls of the Ledger Nano S Plus hardware wallet.
7 best cold wallets in Canada
Compare the security, features and capabilities of some of the best crypto cold wallets on the market.

Trezor vs Ledger: A feature-by-feature comparison

Which crypto hardware wallet is the best for you? Compare all of the specs in our full breakdown here.

Summary of Trezor wallet offerings and features