Trezor Vs Ledger Nano S - A Compete for the Title of Best Crypto Wallet

As a matter of fact, buying, selling and managing cryptocurrencies in today’s crypto world is not just a simple thing. On the other hand, the most complex as well as significant challenge after buying cryptocurrency is, how to keep it safe. While probing to defeat this challenge, hardware cryptocurrency wallet is the obvious solution that ever-lasts.

Hardware Cryptocurrency Wallet

In general hardware cryptocurrency wallets acts as the safest as well as the desirable storage method for many cryptocurrency holders. Typically, these wallets colligate to a computer through an USB port or a handheld device via Bluetooth. It may be of several types, but each one has its unique place in the crypto world. In the same way, there are some reasons to prefer hardware cryptocurrency wallets

The Perks of Hardware Cryptocurrency Wallet

I. The information of the private key remains same in the hardware wallet which will never exploited to the working system.

II. The hardware wallets which are resistant to all malicious software that are built to root out private keys and steal funds.

III. If your wallet is lost, possibility to recover your coins through the seed recovery phase or another backup method (BC VAULT).

IV. The hardware wallet will acknowledge you to enter the transaction on your computer, before spending the coin. This symbolizes that no coin is spent without your knowledge.

V. Wallets are secured by encryption with a PIN code like debit cards, which adds more security to your digital assets.

VI. Multiple cryptocurrency support on most of the hardware cryptocurrency wallets

In order to head off the occurrence of stolen activities on your cryptocurrencies, here is the amazing combo - Trezor and Ledger Nano S. Leave your worries on how to safely store your cryptocurrencies and proceed further. At the end, hope you will make an educated decision.

Trezor and Ledger

Trezor, a hardware cryptocurrency wallet founded in August 2014, provides unbelievable security for cryptocurrencies without letting the comfort. To point out, with the trezor, the transaction while in connection with an online device becomes simple and it also undergoes secure cold storage. It represents that with a compromised computer, spending bitcoins is secure enough to sell and manage. While going for its physical appearance, Trezor is a tiny key-sized device that interconnects your PC with a USB cable which stores your Bitcoin and cryptocurrency private keys offline and signs transactions.

Ledger, another cryptocurrency hardware wallet is the shape of a USB drive inbuilt with robust safety traits in mind and is admirable at storing digital assets and furnishing a secure way to assassinate digital payments. This is vital to point out that, the ledger is congenial with any modern-day computer.

Attributes of Trezor

The following are the attributes that are what the trezor comprises

I. Encrypted GPG

II. SSF U2F Authentication

III. Supports 700 cryptos

IV. Airplane and X-ray safe

V. Simple backup and password manager

VI. Appealing and modern design

VII. Five-star customer support

Here is the virtual representation of how to store cryptocurrencies on Trezor

Attributes of Ledger Nano S

The following are the attributes of ledger nano s

I.Dual button management

II. Light weighted device

III. Simplicity and USB design

IV. Supports 700 cryptos

V. Secured with the presence of a smart card chip

Vi. Own unique operating system BOLOS

Vii. Live ledger applications for Mac and PC

Viii. Easy backup and restore by passphrase

Here is the virtual representation of how to store cryptocurrencies on Ledger

Video Source : Ryan Scribner

The attributes of both the devices’ physical appearance is given below

What Unites Trezor and Ledger?

Even though there exists a huge of divergence in attributes of the both, there are also some similarities. They are the following

I. Offline crypto wallet hardware

II. 24-word backup seeds and entry of pin codes

III. U2F security

IV. Multicurrency - Support over 700 coins

V. User friendly and high level of security

Here is the list of software which is supported by Trezor and Ledger

While analyzing these conceptions, both the hardware wallets ledger and trezor have unique characteristics and exceptional caliber landed nature. Acquire this tremendous cryptocurrency hardware wallet support at Osiz Technologies, a leading cryptocurrency exchange development company that offers end-to-end cryptocurrency wallet development services for all digital currencies. We chiefly focus on developing wallets with high security, scalability, and reliability to stay on top of the cryptocurrency development business.