A side-by-side look at Ledger and Trezor — score, fees, platforms and who each one actually fits best.
Ledger
Most widely adopted
★ ★ ★ ★ ★ 4.0
The most recognized hardware wallet, with the broadest coin support. Real asterisk: a 2020 data breach exposed over a million customers' contact details, and it still fuels phishing attempts today — the device itself was never compromised.
The first hardware wallet ever made (2014). On the Safe 7: three security chips from three vendors, including TROPIC01, the first auditable secure element, with open-source firmware. Its post-quantum signatures cover boot and firmware updates, not the coin keys — Trezor says so itself.
Trezor scores higher overall (4.3 vs 4.0), but a higher score doesn't automatically mean it's the right pick for you.
Ledger is the stronger fit for traders who want the widest asset support and the most mainstream, best-documented hardware wallet, and can live with knowing Ledger's customer database was breached once, even though device security wasn't., while Trezor is built more around traders who want their wallet's firmware to be independently verifiable, not just certified, and value Trezor's optional Shamir Backup over a single seed phrase..
Best forTraders who want the widest asset support and the most mainstream, best-documented hardware wallet, and can live with knowing Ledger's customer database was breached once, even though device security wasn't.Traders who want their wallet's firmware to be independently verifiable, not just certified, and value Trezor's optional Shamir Backup over a single seed phrase.
Security certificationEAL6+ secure element (ST33), closed-source firmwareEAL6+ secure element (Safe 3/5/7), fully open-source firmware
Ledger strengths
Broadest coin/token support (5,500+ assets via Ledger Live)
Polished, widely used companion app (Ledger Live)
EAL6+ certified secure element
Trezor strengths
Three independent security chips from three vendors, one of them auditable
Fully open-source hardware and firmware
Multi-share Backup instead of a single seed phrase
Which one should you pick?
Pick Ledger if you're mainly after traders who want the widest asset support and the most mainstream, best-documented hardware wallet, and can live with knowing Ledger's customer database was breached once, even though device security wasn't.. It stands out for broadest coin/token support (5,500+ assets via Ledger Live) and polished, widely used companion app (Ledger Live).
Pick Trezor if you're mainly after traders who want their wallet's firmware to be independently verifiable, not just certified, and value Trezor's optional Shamir Backup over a single seed phrase.. It stands out for three independent security chips from three vendors, one of them auditable and fully open-source hardware and firmware.
Common questions
Ledger vs Trezor FAQ
Is Ledger better than Trezor?
Trezor scores higher in our rating (4.3 vs 4.0), but Ledger may still be the better fit if you specifically need traders who want the widest asset support and the most mainstream, best-documented hardware wallet, and can live with knowing Ledger's customer database was breached once, even though device security wasn't..