Ledger or Trezor? A review.

in wallet •  6 years ago 

Investing in cryptocurrency is a bit tricky and you have to store your funds in a place where it is safe from malicious exploits. You can't really store your precious coins in online exchanges for it is prone to hacking. So the most recommended way to store coins is to have in a cold storage and when I say cold, it's the very secure -- hardware wallets.

Packaging

Last month, I bought myself a Ledger Nano S. It is quite pricey and the delivery time is very long for I live in the Philippines and it has to be shipped internationally. So when the parcel came to me, it looks like this:

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So I used it and transferred all my funds there. Recently, I got my trezor wallet as a raffle prize. Here is the package:

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When it comes to packaging, Ledger is more appealing than Trezor for it has a hard case. I also noticed that ledger has no tamper seal to secure the device and I found this piece of paper:

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To validate this, I checked their website and saw that the new boxes have no tamper stickers. Compared to Trezor, Ledger's packaging is easier to open.

Device

After unboxing, I came to look at the wallets. Ledger Nano S is like a flash drive with a metal flip case on it. It is more sleek compared to trezor.

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They're both handy and good for a wallet.But Trezor has a simpler design than Ledger. If you want a lighter wallet, choose Trezor One. But if you want to have a wallet that has a modern design and as sleek as flash drive, choose Ledger Nano S.

User Experience

When it comes to user experience, Ledger Nano S navigates more on the device rather than doing most of the work on its PC client. If the Ledger Nano S is plugged in, it asks for your PIN and you must input it on the device using the two buttons on the side.

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On trezor, you have to do the PIN entry and all the navigation on its PC client which is more convenient because you don't have to repeatedly press the same button in order to get a single number. All you have to do is to click the dots and you must look on the device to get the order of the keys. The use of the two buttons on trezor is for confirming and cancelling the transaction requested by the PC client.

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The device asks for PIN. It displays the order of numbers on the buttons to be inputted on the PC. The buttons are generated randomly.

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Inputting of PIN on the PC client.

So for me, Trezor is more convenient for users when they want to navigate and to use the wallet.

Service Availability

All ledger wallets have their Manager and PC Client available even when you have no internet connection. Its PC client is a Google Chrome app (and soon to release a PC app for Google Chrome will remove their apps for good) and you can plug in your Ledger Nano S and check your funds even if you're offline. This is much better than Trezor that can be navigated when you connect to their website.

Conclusion

For me, if you are a beginner and you want to have a better user experience, then buy Trezor as your first wallet. But if you want a more advanced one and you want to access your wallet offline, choose Ledger. Though I suggest that you must try both for they support different coins. For example, I have XEM and XLM coins and I want it both to have a cold storage, I must buy Ledger to store my Stellar Lumens and Trezor for my NEM coins.

That's it and hope you got something from my review. :D

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