Ledger vs Trezor

Two similarly positioned hardware wallets: the difference comes down to details and price. On code, Trezor 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 €59. Choose based on what you store: large, long-term holdings reward security, daily use rewards convenience.

Ledger Trezor
Tier S S
Rating ★ 4.5 ★ 4.5
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); opz. backup Shamir (SLIP-39)
Bitcoin-only No No
Supported chains Bitcoin, Ethereum, Solana, Polkadot, Cardano, Cosmos Bitcoin, Ethereum, Litecoin, Cardano, Solana
Price €49 €59
Secure element Yes Yes
Air-gapped No No
Connectivity USB-C, Bluetooth, NFC USB-C, Bluetooth
Companion app Ledger Wallet (ex Ledger Live) Trezor Suite
Built-in swap Yes Yes
Built-in staking Yes Yes
Built-in fiat on-ramp Yes Yes
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)
Ledger 4.5/5 · Tier S
Trezor 4.5/5 · Tier S

Frequently asked questions

Ledger vs Trezor: which is better?

Two similarly positioned hardware wallets: the difference comes down to details and price. On code, Trezor 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 €59. 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 Trezor is self-custody.