Ledger vs Foundation Passport
Two similarly positioned hardware wallets: the difference comes down to details and price. Foundation Passport is Bitcoin-only (minimal attack surface), Ledger is multi-asset. On code, Foundation Passport is fully open-source and auditable, the other is not: if sovereignty matters to you, that weighs a lot. On price Ledger wins: €49 vs €383. Choose based on what you store: large, long-term holdings reward security, daily use rewards convenience.
| Ledger | Foundation Passport | |
|---|---|---|
| Tier | S | A |
| Rating | ★ 4.5 | ★ 4.4 |
| Fund custody | Self-custody (funds in your control) | Self-custody (funds in your control) |
| Type | Hardware (cold storage) | Hardware (cold storage) |
| Source code | Partly open-source | Open-source |
| Recovery | Seed phrase 24 parole (BIP-39); opz. Ledger Recover (Shamir) | Seed phrase 12/24 parole (BIP-39) |
| Bitcoin-only | No | Yes |
| Supported chains | Bitcoin, Ethereum, Solana, Polkadot, Cardano, Cosmos | Bitcoin |
| Price | €49 | €383 |
| Secure element | Yes | Yes |
| Air-gapped | No | No |
| Connectivity | USB-C, Bluetooth, NFC | QR, USB-C, NFC, Bluetooth |
| Companion app | Ledger Wallet (ex Ledger Live) | Envoy |
| Built-in swap | Yes | No |
| Built-in staking | Yes | No |
| Built-in fiat on-ramp | Yes | No |
| Security audits | ANSSI (CSPN), Donjon (internal red team) | — |
| Segment | B2C | B2C |
| Regions | US, EU/EEA, UK, APAC, LATAM, MENA, Africa | US, EU/EEA, UK, APAC, LATAM, MENA, Africa |
| Licences & safety | Nessuna (hardware wallet self-custody) | Nessuna (hardware wallet self-custody) |
Frequently asked questions
Ledger vs Foundation Passport: which is better?
Two similarly positioned hardware wallets: the difference comes down to details and price. Foundation Passport is Bitcoin-only (minimal attack surface), Ledger is multi-asset. On code, Foundation Passport is fully open-source and auditable, the other is not: if sovereignty matters to you, that weighs a lot. On price Ledger wins: €49 vs €383. Choose based on what you store: large, long-term holdings reward security, daily use rewards convenience.
Is Ledger custodial or self-custody?
Ledger is self-custody: you keep the keys, while Foundation Passport is self-custody.