Ledger Nano X and Trezor T Review – Honest Review
Are you planning to up your crypto game and start looking into security? Perhaps your friends and family have talked you into it and you’re looking to secure your crypto-assets. As cryptocurrency prices go higher, including Cardano, the method of securing your cryptocurrency safely becomes more important than ever before. Why not invest in a hardware wallet to protect your hard earned assets?
Or, perhaps you are already set on a hardware wallet and you are just looking for a direct comparison between the Ledger Nano X and Trezor T.
Here, we will be providing a comparison between Ledger Nano X and Trezor T that will answer all your burning questions and will allow you to figure out which one best suits your needs.
The Ledger Nano X requires the downloading of Apps through Ledger Live and can support up to 100 apps.
On the other hand, Trezor T does not have a storage limit, as it does not require the installation of applications like the Ledger. In this way, the Trezor T will support as many coins as it can do so, without having to worry about memory capacity.
Ledger Nano X: 4.5/5 | Trezor T: 5/5
Both Ledger and Trezor devices have ample security to safely store your cryptocurrencies.
Ledger devices are certified for their security by ANSSI, the French cyber security agency. They also contain a Secure Element (SE – CC EAL5+), which is currently the most secure and certified chip that hosts cryptographic data like private keys and is designed to withstand sophisticated attacks. Moreover, Ledger uses their own custom operating system called BOLOS, which helps to protect against malicious attacks and isolate apps from each other. There is also a device integrity checker to ensure that it hasn’t been tampered with or compromised by a 3rd party.
Trezor model T supports Shamir Backup, which is an advanced security method that counteracts the two greatest risks involving with protecting your recovery seed: theft and destruction. You generate recovery shares and distribute those shares to secure people and/or secure locations, which minimizes catastrophic losses.
Both Ledger and Trezor wallets support advanced passphrase functionality, which allows you to provision special wallets within your hardware device as an added layer of security feature. Ledger has an advantage in this area, as Ledger devices can associate a 2nd Pin Code with the secret wallet, which allows you to switch easily between wallets using the 2nd Pin Code. Whereas for the Trezor, each time you switch between wallets, you need to re-enter the passphrase or reconfigure the device.
Ledger Nano X: 5/5 | Trezor T: 4.5/5
We have used both Ledger Nano X and Trezor T to manage Cardano applications with great success. Ledger offers great compatibility with Daedalus desktop, Yoroi browser and Adalite. The main difference that we have noticed is that only Ledger Nano X supports Yoroi mobile, as it requires a bluetooth connection. So, if the convenience of Yoroi mobile is important to you, then the Ledger Nano X would be the go to device. In terms of Cardano staking, both Ledger and Trezor support it equally as well.
Ledger Nano X: 5/5 | Trezor T: 4/5
Are you looking to manage your crypto on the go and easily access your wallet at your finger tips? Ledger Nano X uses bluetooth technology, which can allow you to access your cryptocurrency on your mobile device easily. Trezor T does not have bluetooth, so the only way to access your crypto is through plugging in a USB cable to your laptop or desktop computer.
Ledger Nano X: 3.5/5 | Trezor T: 3.5/5
The Ledger Nano X costs $159 CAD, while the Ledger Nano X costs $219 CAD.
For a new crypto user, the Ledger X comes in at a more budget friendly price. Although the Trezor T is more expensive, which could scare off new users, the added large color touchscreen could be appealing to some. This allows the Trezor T to be much easier to operate and less likely to result in human errors when verifying transactions and addresses.
Ledger Nano X: 4.5/5 | Trezor T: 4/5
Have you wanted to take your crypto game to the next level with a backup device? A backup device provides extra peace of mind and can be used in 2 ways. In the first method, you use your original recovery phrase and you restore it on the backup device, which gives you an extra copy of the device to use. Now you can manage your account using 2 devices. You also have an extra device, in case the first one is lost or the hardware fails. The second method involves just having a spare blank hardware wallet in case you lose your original device. This way, you can quickly restore your recovery phrase when needed and recover your wallet if anything goes wrong.
If you will be requiring a backup device, we recommend the Ledger Nano X, based on cost. Typically, the chances of needing to restore your recovery phrase to a backup device is low, so it is more cost-effective to go with the budget-friendly Ledger Nano X for this purpose. For the Ledger family, you also have an option to get a Ledger Nano S as a backup device, which saves you even more money.
On the other hand, the Trezor model T would be a bit too expensive for a backup device. As well, Trezor’s starter device, Trezor One, does not currently support Cardano. Overall, this puts Trezor at a disadvantage when it comes to implementing backup devices based on costliness. The exception would be if you need the Trezor Model T’s colorful touchscreen.
Ledger Nano X: 4.5/5 | Trezor T: 3/5
When comparing screens, Trezor T is by far the winner. Trezo T boasts a large colored touchscreen, while the Ledger Nano X comes with a smaller OLED screen. The touchscreen capabilities and higher resolution screen, give Trezor T an advantage when it comes to navigating the interface and verifying addresses. Although larger and better resolution is generally better, some may believe that the extra $60 does not justify the added cost.
Ledger Nano X: 4/5 | Trezor T: 5/5
There is no right or wrong answer between the Ledger Nano X and the Trezor Model T. We believe that preference is determined by multiple factors, including price, functionality and convenience.
If just starting to explore the world of cryptocurrency and price is a big factor for you, we recommend the Ledger Nano X. With the Ledger Nano X, you also get bluetooth functionality, allowing you to manage your ADA on the go with Yoroi mobile. Moreoever, if you favor security features, the convenience of advanced passphrase functionality with a second pin code may appeal to you. Furthermore, if you are the type to get a backup device, the suite of Ledger devices have an advantage in this area, as they are much less expensive.
On the other hand, if you have a higher budget and value a larger high-resolution color touchscreen, Trezor T may be the device for you. If you like to spread your recovery phrase via multiple holders and locations, Trezor T offers this functionality, called Shamir Backup.
That being said, our overall recommendation is Ledger Nano X, which comes out with a higher rating taking into consideration all aspects mentioned above.
We hope that our honest review provided you some value in helping you to choose a Ledger Nano X or a Trezor model T. If so, please kindly consider using our affiliate link when purchasing a new Ledger Nano X or Trezor model T to secure your cryptocurrency assets. We hope you enjoy your new hardware wallet experience!
Summary Ledger Nano S vs Ledger Nano X
|Ledger Nano X||Trezor T|
|Supports Cardano (ADA)||√||√|
|Advanced Passphrase with 2nd pin||√|
|Interface Software||Ledger Live (Desktop or Mobile – Android & iOS)||Trezor Suite (Desktop), Trezor.io (Browser)|
|Coins & Tokens Supported||1800+||1200+|
|Compatible Apps||50+||Does not require Apps|
|Security||CC EAL5+, Pin Authentication, independently certified by ANSSI, 24 word recovery phrase||Firmware verification, Ultrasound hardware seal, Pin Authentication, Secure update procedures|
|Screen Size||128 x 64 pixels||240 x 240 pixels|
|Connector||USB Type-C||USB Type-C|
|Battery||8 hours in Standby|