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Trezor Model T vs Ledger Nano X in comparison

Overview

Description

The Trezor Model T is the premium model from Trezor, enjoying market success for several years. Known for its high security, the wallet features a large color display and an easy setup process, making it especially suitable for beginners. Trezor is one of the leading manufacturers of crypto wallets, alongside Ledger.

Trezor Model T
Reviews

The Ledger Nano X is a popular hardware wallet for securely storing cryptocurrencies, NFTs, and other digital assets. Its standout feature is the Bluetooth connection, allowing optional control via smartphone. The Nano X is the premium product from the hardware manufacturer Ledger.

Ledger Nano X
Reviews
Pro's & Con's
Pro's
  • High-quality and versatile hardware wallet.
  • Unique color display enhances user experience.
  • User-friendly setup process, ideal for beginners.
  • Comprehensive security features.
Con's
  • High price point of nearly €300.
  • Slightly better alternatives like Ledger or BitBox may be available for less.
  • Some features may be a matter of personal preference.
  • Limited additional features compared to similarly priced competitors.
Pro's
  • Excellent build quality and high security standards.
  • Bluetooth connectivity for easy smartphone integration.
  • Ledger Live software allows asset management and supports up to 100 apps.
  • Reliable and trusted brand with a strong reputation.
Con's
  • Higher price compared to the Ledger Nano S.
  • Some users may find Bluetooth connectivity unnecessary.
  • Beginners may find the additional features and cost unnecessary.
  • Requires periodic firmware updates for optimal security.

User Interface

Information

Wallet type
Hardware
Hardware
Price (Hardware)
$149
$149
Supported assets
1400
+
5500
+
Open Source
yes
Yes
no
No
yes
Yes
no
No
Anonymity
Low
Medium
High
Low
Medium
High
Private Key Owner
You (Non-Custodial)
You (Non-Custodial)
Popularity
202,619 followers
621.905 Followers

Hardware

Screen
240 x 240 pixels
128 x 64 Pixels
Interfaces
USB-C, Micro SD
Bluetooth, USB-C
Service
Touch screen
Haptic buttons, smartphone (Bluetooth)
Processing quality
Low
Medium
High
Low
Medium
High
Secure Elements
-
CC EAL5+
FIDO U2F Authenticator
yes
Yes
no
No
yes
Yes
no
No
Certification
CE, RoHS
TRAP
Dimensions
64mm x 39mm x 10mm
72 mm × 18,6 mm × 11,75 mm
Weight
22g
34 g
Scope of delivery
Trezor Model T, Model T "magnetic dock", USB-C cable, 2x recovery slip, sticker
1 hardware wallet, 1 USB-C to USB-A cable, 1 getting started leaflet, 3 recovery sheets, 1 lanyard

Features

Buy & Sell
yes
Yes
no
No
yes
Yes
no
No
Staking
yes
Yes
no
No
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
yes
Yes
no
No
Backup
Recovery Seed (12 words), Shamir Backup
Recovery Seed (24 words)
Unique Features
  • Trezor Suite App
  • Password Manager
  • Bluetooth connection
  • Ledger Live App
  • Up to 100 apps
Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
8.7
10
9.3
10
Our individual ratings
Operation
9
10
complicated
simple
Supported Assets
1400
5500
simple
extensive
Security & Trust
9
9
simple
extensive
Functions & Scope
9
10
simple
extensive
Beginner friendliness
8
9
simple
extensive
Support
8
8
simple
extensive

About

The Company
SatoshiLabs Group as
Ledger SAS
Headquarters
Czech Republic
France
Company size
Small
Medium
Large
Small
Medium
Large
Founder
Alena Vranova, Marek Palatinus, Pavol Rusnak
Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France
Year of foundation
2013
2014

Our Review

The Trezor Model T is an outstanding hardware wallet, though it comes with a substantial price tag of nearly €300. For those willing to invest, it offers a high-quality, versatile device with a fantastic color display, which we consider its most significant advantage and unique selling point compared to other manufacturers. The setup process is user-friendly, especially for beginners, as the software guides users step by step through the initial setup. While we can fully recommend the Trezor Model T, we personally might prefer a Ledger or BitBox. The differences are often minor, and the choice ultimately comes down to personal preference.

Trezor Model T
Review

The Ledger brand has long been synonymous with reliable and secure hardware wallets. The Ledger Nano X, the flagship product, impresses with its excellent build quality, high security standards, and easy handling thanks to its Bluetooth connection to smartphones. The accompanying software, Ledger Live, allows users to buy and sell assets and connect up to 100 apps. While we are big fans of Ledger products and find the Ledger Nano S to be perfectly adequate for beginners, those who value superior workmanship and connectivity will find the Nano X to be the best option. We use the Ledger Nano X ourselves and highly recommend it.

Ledger Nano X
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
July 9, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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