Bitcoin Forum

Bitcoin => Hardware wallets => Topic started by: hous26 on October 09, 2017, 02:48:57 AM



Title: Should I buy a Trezor or Nano S?
Post by: hous26 on October 09, 2017, 02:48:57 AM
I got involved with Cryptocurrencies about 4 months ago and have seen my enthusiasm for the tech grow along with my small stash of BTC + Alts. I was thinking about getting a Trezor or Nano S, leaning toward the Nano.  Was wondering if the community strongly suggests the little fish invest in a hardware wallet or if they are not necessary. 

Thanks in advance!


Title: Re: Should I buy a Trezor or Nano S?
Post by: HabBear on October 09, 2017, 03:00:16 AM
Which currency(ies) are you planning to deal in?

Trezor and Ledger accept different currencies.

Trezor accepts:
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Dash
  • Zcash

Ledger accepts all of the above and:
  • Ark
  • Dogecoin
  • Ethereum Classic
  • Komodo
  • PoSW
  • Ripple
  • Stratis

Both support Ethereum, which means they could also support alt coins built on the Ethereum network.

So Ledger supports more coins. What I like about Trezor is their blog. They seem to be very communication forward when it comes to how to use their product, how to protect your wallets, how to access Bitcoin Cash (when it first came on the scene), etc.

Neither is expensive to buy, why not have both?


Title: Re: Should I buy a Trezor or Nano S?
Post by: jtipt on October 09, 2017, 03:06:23 AM
Was wondering if the community strongly suggests the little fish invest in a hardware wallet or if they are not necessary. 
Thanks in advance!
If you have a significant amount of money in cryptos then it's a good idea to have a hardware wallet because obviously because of its security your coins would be much more safer there. And as you mention you have a stash of cryptos, then it's a good idea to have a hardware wallet. As for which is better, I think HabBear has pointed that out perfectly.


Title: Re: Should I buy a Trezor or Nano S?
Post by: hous26 on October 09, 2017, 03:10:24 AM
Which currency(ies) are you planning to deal in?

Trezor and Ledger accept different currencies.

Trezor accepts:
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Dash
  • Zcash

Ledger accepts all of the above and:
  • Ark
  • Dogecoin
  • Ethereum Classic
  • Komodo
  • PoSW
  • Ripple
  • Stratis

Both support Ethereum, which means they could also support alt coins built on the Ethereum network.

So Ledger supports more coins. What I like about Trezor is their blog. They seem to be very communication forward when it comes to how to use their product, how to protect your wallets, how to access Bitcoin Cash (when it first came on the scene), etc.

Neither is expensive to buy, why not have both?

Primarily BTC and Eth.  I may add some Ripple and Ark so I'm leaning towards the Ledger.  Why would I need two hardware wallets?


Title: Re: Should I buy a Trezor or Nano S?
Post by: bitofc on October 09, 2017, 03:13:39 AM
I have both (Trezor and Nano S), and both are good.  They both can store BTC, ETH and its erc20 tokens and also other major cryptocurrency likes DASH, LTC
Personally I prefer Trezor, i feel it is easier when updating the firmware and using it.  It is just personal preference.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Sadnu on October 09, 2017, 03:15:53 AM
If you can buy Trezor nano S why not. Here your bitcoins will be safer and no one can move. But if there is not much wallet that provides our bitcoins to be safe like Blockchain, Myether, Paper wallet, Jaxx, Mycelium and many more. All you have to do is save your private key. Because that's the only key to unlock your wallet. And it's safe to steal as long as you only know your private key


Title: Re: Should I buy a Trezor or Nano S?
Post by: makishart on October 09, 2017, 03:23:14 AM
Just see this comparation topic that already been discussed here: https://bitcointalk.org/index.php?topic=2115397.0
 I personally prefer trezor because its design and the features but well, better to consider an opinion from someone who have owned both so that you can know the real advantages or disadvantages of each.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Coin-Keeper on October 09, 2017, 05:25:23 PM
Both are secure.  I personally use Trezors.  Why?  Totally open source and they use internal chips that are programmable by me!  As a computer security "type" I don't like operating any BTC hardware that has components that are "locked" to public view.  i.e. I want to be able to program the internal chips if desired because that means they are open source, thus there is no place to HIDE malicious code.  If you trust organizations that develop closed source components for BTC that is your decision.  I am not too trusting where large sums of value hang in the balance.  As a coder of sorts I realize I am not the typical respondent here.


Title: Re: Should I buy a Trezor or Nano S?
Post by: xBitHodler on October 09, 2017, 05:40:00 PM
I would go with Ledger Nano S. Ledger supports a lot of altcoins and they are still working on a new ones! Ledger is small and looks better in my opinion. Also, there was a successful attack on a Trezor wallet. In required physical access to the device but this issue has been fixed in the recent software update.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Kurokyy on October 09, 2017, 06:03:31 PM
I got involved with Cryptocurrencies about 4 months ago and have seen my enthusiasm for the tech grow along with my small stash of BTC + Alts. I was thinking about getting a Trezor or Nano S, leaning toward the Nano.  Was wondering if the community strongly suggests the little fish invest in a hardware wallet or if they are not necessary.  

Thanks in advance!

Hardware wallet like trezor and nano S are more recommended wallet to use for keeping your bitcoin. I am using trezor and one of my companion is also using trezor wallet because of its features. Well the reason obviously is your coins will be more secured other than using only an online wallet. Trezor only cost around less than 100 bucks so must buy specially when you have lots of coins to keep


Title: Re: Should I buy a Trezor or Nano S?
Post by: Investorro1 on October 09, 2017, 06:33:14 PM
A hardware wallet is definitely the best solution for keeping your crypto safe and not vulnerable. Of course, you need to keep in mind that you'll need a wallet every time you want to send a transaction.

Also, I would consider buying a pair. If you lose one, you can always restore on the other one almost immediately, and not wait for another wallet to arrive for a week.

Considering the choice – I have a Trezor. I like it for design and integrated password manager — you can store some private keys from other wallets there.

Good luck.


Title: Re: Should I buy a Trezor or Nano S?
Post by: hous26 on October 09, 2017, 06:34:28 PM
A hardware wallet is definitely the best solution for keeping your crypto safe and not vulnerable. Of course, you need to keep in mind that you'll need a wallet every time you want to send a transaction.

Also, I would consider buying a pair. If you lose one, you can always restore on the other one almost immediately, and not wait for another wallet to arrive for a week.

Considering the choice – I have a Trezor. I like it for design and integrated password manager — you can store some private keys from other wallets there.

Good luck.

I didn't think about buy a second.  Do others support this suggestion?  I bought a Nano S fwiw.


Title: Re: Should I buy a Trezor or Nano S?
Post by: de_crypt on October 09, 2017, 06:47:33 PM
They're both pretty much the same.
The fact Trez got hacked at least says they have found one vulnerability.
Ledger has not.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Rath_ on October 09, 2017, 07:04:27 PM
What about Keepkey? Why nobody is recommending it anymore? Is it still available and supported? If not I would buy a Ledger device, Ledger Blue seems like a solid one but it costs more than 250 euro which is 5 times more than one Ledger Nano S!


Title: Re: Should I buy a Trezor or Nano S?
Post by: EugeneAS on October 09, 2017, 11:22:01 PM
What about Keepkey? Why nobody is recommending it anymore? Is it still available and supported? If not I would buy a Ledger device, Ledger Blue seems like a solid one but it costs more than 250 euro which is 5 times more than one Ledger Nano S!

250 for a wallet do sound strange, 70-90 is alright in my opinion.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Intel 4004 on October 09, 2017, 11:26:36 PM
Yes you really should buy one with no doubt! Security means a lot with cryptocurrencies... Remember to use strong passphrase, I advise you the Diceware method and choose a 12+ words passphrase


Title: Re: Should I buy a Trezor or Nano S?
Post by: de_crypt on October 12, 2017, 05:27:39 PM

Also, I would consider buying a pair. If you lose one, you can always restore on the other one almost immediately, and not wait for another wallet to arrive for a week.


I didn't think about buy a second.  Do others support this suggestion?  I bought a Nano S fwiw.


It's completely up to you, but keep in mind that you would be cut out of your funds for a week or so if you lose your wallet


Title: Re: Should I buy a Trezor or Nano S?
Post by: HCP on October 13, 2017, 12:04:38 AM
It's completely up to you, but keep in mind that you would be cut out of your funds for a week or so if you lose your wallet
Only if you want to restore to another hardware wallet... if you're desperate for access to your funds, you can simply restore your seed into any BIP39 compatible wallet like Electrum and get access to your coins...

Granted, you lose a lot of the security doing this, and would need to move all the coins ASAP to a new hardware wallet... but the point is that you aren't necessarily without funds while waiting for a new device to arrive.


Title: Re: Should I buy a Trezor or Nano S?
Post by: truimpheriues on October 16, 2017, 09:33:42 AM
Which currency(ies) are you planning to deal in?

Trezor and Ledger accept different currencies.

Trezor accepts:
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Dash
  • Zcash

Ledger accepts all of the above and:
  • Ark
  • Dogecoin
  • Ethereum Classic
  • Komodo
  • PoSW
  • Ripple
  • Stratis

Both support Ethereum, which means they could also support alt coins built on the Ethereum network.

So Ledger supports more coins. What I like about Trezor is their blog. They seem to be very communication forward when it comes to how to use their product, how to protect your wallets, how to access Bitcoin Cash (when it first came on the scene), etc.

Neither is expensive to buy, why not have both?

if read accepted list crypto curency, iam choose trezor
list coin in trezor is very good, and support all major coin


Title: Re: Should I buy a Trezor or Nano S?
Post by: Anthony1985 on October 16, 2017, 10:52:20 AM
I have a Nano and just got two Ledger Nano S.

Go with a Ledger Nano S you won't regret it.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Lucius on October 22, 2017, 01:31:11 PM
I have a Nano and just got two Ledger Nano S.

Go with a Ledger Nano S you won't regret it.

I'm thinking of buying hardware wallet and the choice is naturally between Trezor and Ledger Nano S.How much I can see the difference is in design and price.As far as designs are concerned, both of them are quite okay for me and the only thing that makes me the difference is price which is on the side of Ledger.I see there is option for promo code in Ledger page for a discount,was there anything like that lately?



Title: Re: Should I buy a Trezor or Nano S?
Post by: HCP on October 23, 2017, 04:21:33 AM
I don't know about the Ledger... but I recently received an Email from Trezor saying they have cheaper postage options to some locations (free to EU etc), and a promo code for €10 off the purchase price... making them €79/each + shipping.

Quote
As a token of our gratitude, we would like to offer you a €10 discount on every TREZOR device of your next purchase. But that's not all! 😉

We have also revamped our shipping prices for Europe and North America. With cheaper shipping, you can save more than just €10!

If you live in the European Union, you can enjoy free standard shipping! Or you can opt for quicker DHL shipping only for €17.
Selected other European countries can also benefit from shipping by DHL for €17, down from €26.
To North America, we are newly shipping for only €22.
A full list of changes is available on our blog.
Get €10 off on each next TREZOR!
Apply "celebratetrezor" at checkout.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Lucius on October 23, 2017, 09:06:39 AM
I don't know about the Ledger... but I recently received an Email from Trezor saying they have cheaper postage options to some locations (free to EU etc), and a promo code for €10 off the purchase price... making them €79/each + shipping.

Quote
As a token of our gratitude, we would like to offer you a €10 discount on every TREZOR device of your next purchase. But that's not all! 😉

We have also revamped our shipping prices for Europe and North America. With cheaper shipping, you can save more than just €10!

If you live in the European Union, you can enjoy free standard shipping! Or you can opt for quicker DHL shipping only for €17.
Selected other European countries can also benefit from shipping by DHL for €17, down from €26.
To North America, we are newly shipping for only €22.
A full list of changes is available on our blog.
Get €10 off on each next TREZOR!
Apply "celebratetrezor" at checkout.

Thank you for this info,I just check on Trezor site and it is true that they have free shipping to EU,but promo code is working just for next purchase.In total price for Trezor is 107.69 EUR including VAT 21%.

On the other side Ledger Nano S is in total with shipping and tax 84.18 EUR.There is a difference in VAT(Value Added Tax) between EU countries and between certain types of products.In this case Trezor is sending from Czech Republic and Ledger from France.


Title: Re: Should I buy a Trezor or Nano S?
Post by: XXX_BTC1@ on October 26, 2017, 07:13:46 AM
I got involved with Cryptocurrencies about 4 months ago and have seen my enthusiasm for the tech grow along with my small stash of BTC + Alts. I was thinking about getting a Trezor or Nano S, leaning toward the Nano.  Was wondering if the community strongly suggests the little fish invest in a hardware wallet or if they are not necessary. 

Thanks in advance!

i would like to buy trezor because it is up coming wallet and it has great security. so i want to prefer to this. trezor is support to all major coins so try to take this once. in the markets more wallets are available but trezor is the best for maintain security. so choose it.


Title: Re: Should I buy a Trezor or Nano S?
Post by: Baiazid on October 26, 2017, 11:17:16 AM
I own both hardware wallets and what i can say is i like trezor most because it has a better quality, security and friendly interface but ledger has support for more coins like via,ark,komodo .


Title: Re: Should I buy a Trezor or Nano S?
Post by: erc20tokens on January 29, 2018, 07:57:15 PM
I have a Trezor. The wait time for a Nano was saying 5-6 weeks. I'm happy with it so far  - hopefully, they will support NEO soon. I like the passphrase (25th seed) feature it has - which the Nano doesn't have. They might be adding it soon


Title: Re: Should I buy a Trezor or Nano S?
Post by: notaek on January 29, 2018, 08:55:18 PM
I own both hardware wallets and what i can say is i like trezor most because it has a better quality, security and friendly interface

Your statement doesn't make any sense.
Both the hardware wallets are just as secure if not more, and have friendly UIs.

I have a Trezor. The wait time for a Nano was saying 5-6 weeks. I'm happy with it so far  - hopefully, they will support NEO soon. I like the passphrase (25th seed) feature it has - which the Nano doesn't have. They might be adding it soon

With the firmware version 1.3.1, all ledger wallets support "Advanced Passphrase (https://support.ledgerwallet.com/hc/en-us/articles/115005214529-Advanced-Passphrase-options)" feature that acts just like the 25th seed in Trezor. It scrambles 24 seeds that are in use and generates a new identity with a passphrase. Its like having multiple wallets on a single device.


Title: Re: Should I buy a Trezor or Nano S?
Post by: HCP on January 29, 2018, 10:37:25 PM
The Ledger passphrase feature also has a neat option where you can assign a different PIN to the passphrase. So you don't need to enter that passphrase at all, you simply enter your normal PIN to access default wallet, or enter 2nd PIN to access the "hidden" wallet associated with the passphrase ;)

Makes it a little faster/easier to use in my opinion.

Having said that, buy either the Trezor One or the Ledger Nano S... Or both... They're both excellent and work well. :)


Title: Re: Should I buy a Trezor or Nano S?
Post by: erc20tokens on January 30, 2018, 04:23:29 PM
I own both hardware wallets and what i can say is i like trezor most because it has a better quality, security and friendly interface

Ahh....cheers for the heads up.

Your statement doesn't make any sense.
Both the hardware wallets are just as secure if not more, and have friendly UIs.

I have a Trezor. The wait time for a Nano was saying 5-6 weeks. I'm happy with it so far  - hopefully, they will support NEO soon. I like the passphrase (25th seed) feature it has - which the Nano doesn't have. They might be adding it soon

With the firmware version 1.3.1, all ledger wallets support "Advanced Passphrase (https://support.ledgerwallet.com/hc/en-us/articles/115005214529-Advanced-Passphrase-options)" feature that acts just like the 25th seed in Trezor. It scrambles 24 seeds that are in use and generates a new identity with a passphrase. Its like having multiple wallets on a single device.


Title: Re: Should I buy a Trezor or Nano S?
Post by: shinjunobi09 on January 31, 2018, 05:39:24 AM
I would strongly suggest using trezor why because they accept the highest value coin in the cryptocurrency whichnis the bitcoin and ethereum because if you are new at the trading block like me most of us would prefer buying and selling of the popular coins because they are the one's who are proven and tested.