Bitcoin Forum

Hi guys,

There are a lot of different hardware wallets on the market. What would you suggest for a beginner?  :)

The sound of Ledger is pretty good.

Definitely either a Ledger Nano S or a Trezor.

Both are equally good. The Ledger is cheaper, has a better design (IMO) and supports more coins. I have a Ledger and it's perfect for what I need.

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This could help you choose which one: https://blockonomi.com/trezor-vs-ledger/

I personally prefer the Ledger Nano S due to it's simple USB flash drive design. If I were to have huge investments in cryptocurrency I'd want it to be stored on a device that doesn't look like something that holds great value; hence I love that it's sort of somewhat masqueraded as a typical USB flash drive. I personally don't like the Trezor due to it looking too sort of "gimmicky".

You truly can't go wrong with either. You'll find that even supporters of trezor will have no ill-will for nano and vice versa due to the sole reason that they are both really the only legitimate cold storage options. Nano-s is a bit less expensive and holds more coins, trezor arguably has better software, then again ledger is has a more intuitive design and is made out of steel (it looks nicer), and it goes on. In the end, the price difference is 30 bucks, you'll get your money's worth either way so just choose the one that supports the coins you want to invest in now and in the future.

Cheers

Ledger and Trezor are probably the best by community consensus, and may as well be your only options. I don't know if it would be wise to consider any of the other "different hardware wallets on the market", though I haven't really taken a good look at them. Ledger seems to edge Trezor out, as evidenced by the other posters, but I don't think you can go wrong with either.

Personally, my favorite would be one I "created" myself (Electrum on air-gapped Linux in a flash drive) lol.

Ledger is very appreciated among the users on our site and more popular than Trezor - see here for a list of 130+ wallets and their respective functionality: https://www.cryptowisser.com/wallets/

Ledger or Trezor. They are considered equally good, but as for me, I hear Ledger Nano S is recommended more often. I think that's due to the fact it's cheaper. However, I'd lie to say that Trezor is open source so it is a little bit more reliable because the community can review the code.

Hello Portal_Network,

We usually recommend using a Ledger on our website solely because it offers a wider variety of coins. Other reasons why we would recommend the Ledger rather than the Trezor wallet include its user-friendliness for beginners and their helpful support department. We would like to state that both the Trezor and the Ledger are both equally secure and the differences we are describing are only minor.

Please remember that you should always buy these wallets from the official websites, buying hardware wallets through 3rd parties puts your private keys at risk.

The official Ledger website can be found here (https://www.ledgerwallet.com/) and the official Trezor website can be found here (https://trezor.io/).

With kind regards,
The Anycoin Direct team

That's a really good point.

I got a Trezor primarily due to shipping time difference, was months for Ledger Nano.
While Ledger Nano does support some more coins, I personally don't use many other than btc/eth/erc so it's fine  ;D
An important 'selling point' for Trezor, I think is that it's open source, which means people can verify that nothing suspicious is going on.
Sure it's probably possible somehow to backdoor Trezor, but still, who knows if Ledger Nano team has an 'Exit Button' that sends everyones funds to them!  :D :D

Lengen nano s

Hey,
I have compiled information about the ledger nano s: https://bitcointalk.org/index.php?topic=3716414.0
all the best for you

For a typo(s), this sure is funny.

Does anybody here use KeepKey? I wanted to try it, but then I switched to Ledger Nano S cause it's affordable for me and it is secure enough based on reviews that I've read.

I think the markets best ones is the Trezor and Ledger. I personally prefer the Trezor - Simply because of it's NEM integration

I have no personal experience with Ledger, but do have personal experience with Trezor. It is not cheap, but is worth every penny. It is secure and convenient to use and support many cryptos.

P.S. Regardless of which one you choose, be sure to buy directly from the source or only from an authorized dealer.

Hardware Wallets: Keep Your Coins Safe

Hardware wallets aren't free.

bitcoin hardware wallet
The three most popular hardware wallets: KeepKey, Ledger Nano S, and Trezor.
But the price can be worth it if you own a significant amount of bitcoins. A hardware wallet will protect a few hundred in Bitcoin just as effectively as a few million.

How Hardware Wallets Work
Hardware wallets are secure, offline devices. They store your private keys offline so they can't be hacked.

This means you can even use one on a malware infected computer.

Why A Hardware Wallet with a Screen is Important
In the table below, you'll notice we show which hardware wallets have screens.

Screens provide extra security by verifying and displaying important wallet details. Since the hardware wallet is nearly impossible to hack, its screen is more trustworthy than data displayed on your computer.


   
Best Bitcoin Hardware Wallet Overviews

Ledger Nano S
The Ledger Nano S is the cheapest of the three hardware wallets with a screen; it costs about $95. Ledger, one of the most well-known Bitcoin security companies, released the device in August 2016.

TREZOR
TREZOR launched in August 2014 as the first Bitcoin hardware wallet, offering secure bitcoin storage plus the ability to spend with the convenience of a hot wallet. TREZOR is a small, thumb-sized device.

KeepKey
KeepKey was released in September 2015 and was the second hardware Bitcoin wallet to offer a screen. The KeepKey's larger screen gives it some extra security features that the Nano S and Trezor lack.

I prefer ledger nano s version hardware waller over Trezor hardware wallet. Because it is easy to use and it supports more coin than Trezor. It has very user friend development kit(SDK). I personally believe ledger version has more fastest user support than Trezor.