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Author Topic: trezor or ledger nano for a beginner ?...  (Read 427 times)
aliitp (OP)
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August 13, 2018, 09:41:14 AM
Merited by eternalgloom (1)
 #1

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad
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August 13, 2018, 09:48:45 AM
 #2

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

I personally think that the Ledger Nano S is more user friendly, as it supports more coins etc, but i think it really comes down to personal preference, and how much you want to pay. Ledger is ~120$ vs Trezor being ~100$, so there's really not that much difference there..

Read some reviews about the two maybe? https://blockonomi.com/trezor-vs-ledger/

Quote
also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

What exactly do you mean? From the wallet you currently have to your trezor/Ledger? You could just copy & paste the receiving adress for said coin on your hardware wallet ( ledger/trezor), and use that as the "send-to adress" in your current wallet.


(Always check if you copied the right adress, there have been instances where people lost their coins due to clipboard malware!)

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August 13, 2018, 10:03:32 AM
 #3

Actually both are good wallets but I personally use Ledger Nano S and it's even better because of their new update for their software the "Ledger Live".

You don't have to download each of their chrome app unlike before it is required for bitcoin, eth and altcoins.



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aliitp (OP)
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August 13, 2018, 10:39:36 AM
 #4

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

I personally think that the Ledger Nano S is more user friendly, as it supports more coins etc, but i think it really comes down to personal preference, and how much you want to pay. Ledger is ~120$ vs Trezor being ~100$, so there's really not that much difference there..

Read some reviews about the two maybe? https://blockonomi.com/trezor-vs-ledger/

Quote
also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

What exactly do you mean? From the wallet you currently have to your trezor/Ledger? You could just copy & paste the receiving adress for said coin on your hardware wallet ( ledger/trezor), and use that as the "send-to adress" in your current wallet.


(Always check if you copied the right adress, there have been instances where people lost their coins due to clipboard malware!)


I think ill have to read more to understand how on earth can i send money from my ledger wallet to another address...
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August 13, 2018, 11:17:59 AM
 #5

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad
You are a beginner or pro I personally recommended Ledger Nano S is better than Trezor. Because Ledger Nano supports more coins and it's easy to use as a beginner.
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August 13, 2018, 11:58:07 AM
 #6

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad
Trezor is more secure, than Ledger. And it is an open-source, unlike Ledger.
You can watch the explanation here: https://www.youtube.com/watch?v=FC1Kte0vf00
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August 13, 2018, 12:15:15 PM
 #7

If you have a large amount of Bitcoin and $100 is  Price is negligible, buy hardware wallet. except that electrum wallet is an excellent option.

 - This guide will provide all the information you need.[1]
 - If you encounter a problem, ask about it here.[2]

Remember:  Buy from the official website only, and do not buy these wallets from any broker "Amazon, Bitcointalk,...etc", whatever the price.

[1] [Guide] Hardware wallets - which one is a good choice?
[2] Alternative clients

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August 14, 2018, 02:31:19 AM
 #8

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

It doesn't look like you got your answer for this question specifically. They have desktop software (which you have to download, of course) for sending out transactions and you use it pretty much like any other wallet while your device is plugged in. You don't have to type anything manually on the device itself. Here are step-by-step instructions:

Trezor:
https://doc.satoshilabs.com/trezor-user/settingup.html

Ledger:
https://support.ledgerwallet.com/hc/en-us/articles/360000617934-Send-and-receive-crypto-assets

As another user mentioned, and this cannot be stressed enough: do not buy from resellers.

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August 18, 2018, 03:56:38 AM
 #9

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

It doesn't look like you got your answer for this question specifically. They have desktop software (which you have to download, of course) for sending out transactions and you use it pretty much like any other wallet while your device is plugged in. You don't have to type anything manually on the device itself. Here are step-by-step instructions:

Trezor:
https://doc.satoshilabs.com/trezor-user/settingup.html

Ledger:
https://support.ledgerwallet.com/hc/en-us/articles/360000617934-Send-and-receive-crypto-assets

As another user mentioned, and this cannot be stressed enough: do not buy from resellers.

Much appreciated ! I am set to buy the trazor, but since u said do Not buy from re sellers now now suspicious of every single reseller out there even reputed ones on ebay !...
Problem is i need to pay with PayPal and original trazor website wont accept paypal Sad

Any recommendations where to buy (reputed) with paypal support ??...

thanks,
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August 18, 2018, 06:30:15 AM
 #10

My choice fell on a Lager Nano S as it costs less to implement and management a little easier TREZOR. If the price is not important, you can buy any. Sorry for my English.

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August 18, 2018, 06:56:46 AM
 #11

I prefer ledger nano s, it's little bit cheaper as well. Or you can use paper wallet.

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August 19, 2018, 03:25:15 PM
 #12

Actually both are good wallets but I personally use Ledger Nano S and it's even better because of their new update for their software the "Ledger Live".

You don't have to download each of their chrome app unlike before it is required for bitcoin, eth and altcoins.

I agree. Ledger Nano S seems to be the best option to me. Especially after their latest Ledger Live sw update. Works like a charm!

BUT:

Make sure you NEVER buy a Ledger Nano S or any other hardware wallet from eBay.
Only buy from the Ledger store or from Amazon.

This article might be of help:
https://www.buybitcoinworldwide.com/wallets/ledger-nano-s/

Ledger Nano S has a warning on their support page:
Buy from an official Ledger reseller

https://support.ledgerwallet.com/hc/en-us/articles/360002481534-Check-if-device-is-genuine
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August 19, 2018, 06:52:53 PM
 #13

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

Ledger Nano has a bigger screen and thus, more options. Trezor is a second best option. Though, if you choose by the price, Trezor is a bit cheaper. But both are respectable hardware wallets to keep your keys safe.

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August 19, 2018, 09:16:13 PM
 #14

As I understand, you mainly need hardware wallet just for BTC? Then I would say that both wallet are good for you. Prices of both wallets are similar, so you wont feel big difference. Both are really safe.
Personally, I use Nano S and I'm satisfied with it. When they released Ledger Live app now it's perfect wallet for me.

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August 19, 2018, 09:18:12 PM
 #15

Actually both are good wallets but I personally use Ledger Nano S and it's even better because of their new update for their software the "Ledger Live".

You don't have to download each of their chrome app unlike before it is required for bitcoin, eth and altcoins.

I agree. Ledger Nano S seems to be the best option to me. Especially after their latest Ledger Live sw update. Works like a charm!

BUT:

Make sure you NEVER buy a Ledger Nano S or any other hardware wallet from eBay.
Only buy from the Ledger store or from Amazon.

This article might be of help:
https://www.buybitcoinworldwide.com/wallets/ledger-nano-s/

Ledger Nano S has a warning on their support page:
Buy from an official Ledger reseller

https://support.ledgerwallet.com/hc/en-us/articles/360002481534-Check-if-device-is-genuine

of course it could be risky any way, but what could go wrong if you make a total reset of your hardware wallet?

Agree that Ledger Live is awesome feature)

Have a glance at Trezor T

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August 20, 2018, 12:01:54 PM
 #16

Much appreciated ! I am set to buy the trazor, but since u said do Not buy from re sellers now now suspicious of every single reseller out there even reputed ones on ebay !...
Problem is i need to pay with PayPal and original trazor website wont accept paypal Sad

Any recommendations where to buy (reputed) with paypal support ??...

thanks,

Lol we may have gotten a little overboard by saying not to trust any reseller (that's mostly about random people and shops), but Trezor itself does trust a few of them. You can find the list here:

https://trezor.io/resellers/

I'm sure some of them will be able to fill your needs. There's also a way you can check if it has been tampered with:

https://blog.trezor.io/trezor-one-tamper-evident-packaging-f98d3f63569d

You should be good to go now!

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August 20, 2018, 02:51:32 PM
 #17

Both will work for newbies but ledger nano s is more user friendly. I would rather get a ledger nano s, since it is the most known one.

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August 20, 2018, 07:15:00 PM
Merited by vapourminer (1)
 #18

As a relative newbie myself (received my first satoshi ten days shy of one year ago), I decided to get a cold storage wallet myself a few months in. I read several online reviews, watched some user review videos on YouTube, and looked at the prices and features.  In the end, I opted for a Trezor.

Funny thing is that the one feature that tipped the scales for me - to this point has been something that I've never even used. The Trezor device apparently also doubles as a password manager, but so far I haven't set up or used that feature.  Regardless, I am very happy with my decision strictly from the crypto wallet standpoint.

The thing is, there seem to be just as many (if not more) people happy with their choice to buy a Ledger Nano. I have never used one myself, so I am not going to knock it. I think the key in your case is to get something which is more secure than where you are currently storing your cryptos. Either Trezor or Nano (or several other options) is better than nothing at all.

Then after several months of using my Trezor, I decided to get a steel recovery seed wallet and got rid of the handwritten cardboard recovery seed card.

Whatever direction you ultimately decide to go - Good luck!

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August 22, 2018, 12:14:27 PM
 #19

As a relative newbie myself (received my first satoshi ten days shy of one year ago), I decided to get a cold storage wallet myself a few months in. I read several online reviews, watched some user review videos on YouTube, and looked at the prices and features.  In the end, I opted for a Trezor.

Funny thing is that the one feature that tipped the scales for me - to this point has been something that I've never even used. The Trezor device apparently also doubles as a password manager, but so far I haven't set up or used that feature.  Regardless, I am very happy with my decision strictly from the crypto wallet standpoint.

The thing is, there seem to be just as many (if not more) people happy with their choice to buy a Ledger Nano. I have never used one myself, so I am not going to knock it. I think the key in your case is to get something which is more secure than where you are currently storing your cryptos. Either Trezor or Nano (or several other options) is better than nothing at all.

Then after several months of using my Trezor, I decided to get a steel recovery seed wallet and got rid of the handwritten cardboard recovery seed card.

Whatever direction you ultimately decide to go - Good luck!

Unlike RustyBits, I have never used Trezor myself, but I'm a happy owner of a Ledger Nano S and agree that having a cold wallet (either Trezor of Ledger) is way better than keeping your coins online.
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December 09, 2018, 05:58:57 PM
 #20

if you use linux try for ledger:

wget -q -O - https://raw.githubusercontent.com/LedgerHQ/udev-rules/master/add_udev_rules.sh | sudo bash

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December 14, 2018, 04:31:46 PM
 #21

There is no doubt both are quite secure and provide the best security. I would like to suggest you Ledger Nano S which is very easy to manage and a little bit less costly than trezor. So buy according to your choice which one you feel good.
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December 14, 2018, 04:32:58 PM
 #22

Using keepkey and don't have any problems. Just a bit laggy when you're sending payments.

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December 14, 2018, 06:01:11 PM
 #23

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

Both are pretty much the standard when it comes to Hardware wallets and you cannot go wrong with either. Some people I know go for Trezor as it is supporting open source software and you can make your own clone from their code.
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December 14, 2018, 10:07:30 PM
 #24

I started with ledger nano and i still use ledger nano hardware wallets, maybe you can check youtube reviews and see what can be the best option for you. I never had any problem with ledger, and all coins are safely stored and also support is ok, and now with ledger software is more easy to install wallets or updates.
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December 16, 2018, 08:35:15 AM
 #25

This two hardware wallet is the best hardware wallet for security purposes. There is no need to worry about their service they will make sure your assets security no one will be able to snatch your private keys or information. Ledger nano S or Trezor both are enough good.
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December 16, 2018, 02:14:04 PM
 #26

It terms of security, one generally unknown feature is that both of these hardware wallets also provide a way of having secret wallets protected by the device. It is an advanced feature, and you are warned to be very careful when using this feature, but the basic idea is that, if you are forced to reveal your wallet protective pin, you can reveal just one of the access codes, while keeping you main assets hidden (see https://wiki.trezor.io/Multi-passphrase_encryption_(hidden_wallets) and/or https://support.ledger.com/hc/en-us/articles/115005214529-Advanced-Passphrase-options).
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December 16, 2018, 06:39:33 PM
 #27

As someone that has been into Crypto since January this year, I am of very low experience when it comes to trading. I have used most of my time looking into the projects for certain currencies and what to look for in the project and its team that indicate green lights or red flags. The actual trading aspect of it I am definitely a beginner. However I bought a Ledger Nano S on Black Friday sale worried that it was gong to be a nighare to first, set up and get working, secondly use to hold my different coins.

However, after reading a few informative pages on the Ledger website and a single Youtube video, I had enough of an understanding on how to set it up and fully work the device. I am so glad I purchased one, I know that now the vast majority of my funds are in one of the safest wallets in the Crypto space. I fully recommend buying one as they arent as complicated as expected and they are rapidly adding support for more and more coins.

They are currently 30% off for Winter Sale right now so this is your oppertunity to purchase! Smiley good luck!
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December 16, 2018, 09:19:42 PM
 #28

I think the Ledger Nano S is easier and easier to understand for beginners. You have the option to save 5 coins at the same time in the ledger. There are also more possible. For this, however, the appropriate apps must be installed and uninstalled. The trezor is also a good option, but I think that the overall ledger performs better. This also supports more currencies than the Trezor.
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December 16, 2018, 09:27:06 PM
 #29

You have the option to save 5 coins at the same time in the ledger. There are also more possible. For this, however, the appropriate apps must be installed and uninstalled.

Keep in mind that uninstalling apps won't result in loss of coins. The number of apps you can have installed at the same time depends on how much they are similar to each other (you will be able to keep more apps if they are forks of Bitcoin).

Honestly, I would go with Trezor. I had Ledger for about 8 months and I quickly got tired of wallet issues (sometimes transactions wouldn't load). They might have already fixed that since Ledger Live is already available, but as far as I know, Ledger still doesn't allow their users to use external nodes so if their nodes malfunction then their app becomes useless.
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January 07, 2019, 07:23:24 PM
 #30

i am new and need something more secure than bitcoin core to store my funds, what is a better option for me trezor or ledger nano ?!...

also how to use the wallet to send funds to a BTC address, do i have to manually write it on the screen or what  Huh Sad

I was looking back over some old threads where I had posted - this being one of them.  Since aliitp first posed the question back in August - I wonder if he/she has made any decisions by now?

Update on my August reply post - I am now regularly using the password manager feature on my Trezor and aside from a few quirks on a couple of sites - it is working quite well for me!

Visit GetPaid! for ways to earn money online - You won't Get Rich Quick... but you will GetPaid!
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January 07, 2019, 08:38:20 PM
 #31

Ledger is coming out with a new product in March: Ledger Nano X. In order not to repeat myself (I posted a few features about it this morning), see re:best wallet. Could be interesting for those that are very mobile orientated, but I’ve yet to be convinced that the (... spoiler ...) Bluetooth can in no way turn into a vulnerability.
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January 07, 2019, 09:12:59 PM
 #32

Both of these wallets are great in the right hands.  I actually prefer the Trezor because of the open source design.  Open source will have more annoyances as "hackers" exploit the code (since they can see it) early on, but once the code is tried and true I feel better about using a product where millions of eyes are keeping touch!  There are valid arguments in the other direction.  I have never lost a coin using either wallet.

BTC: 1PYSBbuKM3kW19xe9TXJQfq64rPhd8XorF
Staked and Verified: https://bitcointalk.org/index.php?topic=996318.msg17102755#msg17102755
asche
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January 07, 2019, 09:16:18 PM
 #33

Ledger is coming out with a new product in March: Ledger Nano X. In order not to repeat myself (I posted a few features about it this morning), see re:best wallet. Could be interesting for those that are very mobile orientated, but I’ve yet to be convinced that the (... spoiler ...) Bluetooth can in no way turn into a vulnerability.

As I said in another post, bluetooth like the USB connection is just the interface you use to access the secured chip.

It makes basically no difference what kind of connexion you use, be it usb, bluetooth, LTE, Serial, it really doesn't matter. The actual security is in obfuscating the private key.
Being used by bluetooth would made an INSECURE device more hackable.
If the device IS secure like Nano S seem to be, it will also be through bluetooth.

To me the X is a Nano S with more memory and a bluetooth chip.

Pretty nice spin off. I'd invest in a company like that. It's like when VW makes a new Golf out of an old Golf. 0 investment, and a lot of cash. Hooray.

Today Nano 6 is listed at 69€ in Ledger's official french shop/amazon.
They pretend price will get lowered when X comes out.
If there is no emergency, wait for cheap S when the X is publicly available.
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January 07, 2019, 11:54:47 PM
 #34

Both of these wallets are great in the right hands.  I actually prefer the Trezor because of the open source design.  Open source will have more annoyances as "hackers" exploit the code (since they can see it) early on, but once the code is tried and true I feel better about using a product where millions of eyes are keeping touch!  There are valid arguments in the other direction.  I have never lost a coin using either wallet.
Well, not all users will prefer Trezor as the best hardware wallet because Trezor wallet is hackable but they already fixed this issue so it is safe to use as of now but not 99% safe.

The best hardware wallet for me is Ledger Nano S never heard any issue about this wallet until now and I heard just now about their new Ledger Nano X which has new feature but I don't know how safe it is compared to Nano S.

As I said in another post, bluetooth like the USB connection is just the interface you use to access the secured chip.

It makes basically no difference what kind of connexion you use, be it usb, bluetooth, LTE, Serial, it really doesn't matter. The actual security is in obfuscating the private key.
Being used by bluetooth would made an INSECURE device more hackable.
If the device IS secure like Nano S seem to be, it will also be through bluetooth.

To me the X is a Nano S with more memory and a bluetooth chip.


I prefer to use USB compared to use a Bluetooth because I heard that you can receive a virus like "Airborne virus" even the device Bluetooth is off if your phone Bluetooth is on and the source of the virus is from other phones with Bluetooth off you can still receive a virus. I experienced this before with Nokia n70 and my nokia 6600. So I believe that Bluetooth is not a good interface for a crypto wallet.

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asche
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January 08, 2019, 06:33:35 AM
 #35

You are comparing a secured chip you can't write in with a phone.

It's like comparing a car with a bunker because both have a door.
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