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68% of the community
prefer Ledger Nano S

Ledger Nano S vs Trezor Model One

General

Description

Ledger Nano S Logo
Ledger Nano S

The Ledger Nano S is the most popular hardware wallet on the market. It is the smaller sibling of the Nano X and is significantly more affordable but lacks additional convenience features like Bluetooth and has lower storage capacity. Nevertheless, the Ledger Nano S offers unbeatable value for money.

Ledger Nano S review
Trezor Model One Logo
Trezor Model One

The Model One hardware wallet is the affordable entry-level option from the trusted manufacturer Trezor and is among the most popular wallets on the market. The device supports over 1,000 different cryptocurrencies, offers good value for money, and is very easy to set up.

Trezor Model One review
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Pros and cons

Ledger Nano S Logo
Ledger Nano S

What we like:

  • Market leader
  • Physical buttons
  • Easy to use
  • Buy & sell crypto

What we don't like:

  • No iOS app
  • Not open source
Trezor Model One Logo
Trezor Model One

What we like:

  • Physical buttons, smartphone
  • Easy to use
  • Buy & sell crypto
  • Open source

What we don't like:

  • No staking feature
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Preview

Product images

Ledger Nano S Logo
Ledger Nano S
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Trezor Model One Logo
Trezor Model One
Product image
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Details

Details
Ledger Nano STrezor Model One
Wallet type
Hardware
Hardware
Price
$79
$49
Supported assets
5,500+
1,200+
Private key owner
You (Non-Custodial)
You (Non-Custodial)

Our review

Our review
Ledger Nano STrezor Model One
Our rating
Ledger Nano S
Trezor Model One

Individual ratings

Ledger Nano S
Trezor Model One

What we think

Ledger Nano S Logo
Ledger Nano S
The Ledger Nano S was the first successful hardware wallet on the market and remains a market leader today. It’s a classic among wallets, offering high security and excellent value for money. The Nano S is ideal for beginners with a limited budget. Recently, Ledger introduced an upgrade: the Ledger Nano S Plus. Priced at €79, it’s only slightly more expensive than the regular Nano S but offers a significant upgrade in features and build quality. For those willing to spend a bit more, the premium Ledger Nano X is the better choice. With the Nano X, you get a noticeably higher-quality device, more storage space for apps, and easier handling thanks to Bluetooth connectivity with your smartphone.
Ledger Nano S review
Trezor Model One Logo
Trezor Model One
The Trezor Model One offers a simple and secure entry point into self-custody of cryptocurrencies. While it has fewer features and lacks a color display compared to the premium “Model T,” it provides excellent value for beginners and budget-conscious users. A notable positive aspect is the manufacturer’s open-source philosophy, which is not always common in the wallet space and contributes significantly to the overall security of the wallet and its software. Overall, we can definitely recommend the Model One but would personally lean towards a comparable “Ledger Nano S” or a “Bitbox.” However, for those who want to stick with Trezor and are looking for an affordable, secure hardware wallet, the Model One is an excellent choice.
Trezor Model One review
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User reviews

User reviews
Ledger Nano STrezor Model One
Overall rating
4.1/5
4.4/5
App Store
4.7/5

around 2,700 ratings

4.0/5

around 200 ratings

Google Play Store
4.3/5

around 35,600 ratings

4.5/5

around 3,400 ratings

Trustpilot
3.3/5

around 2,700 ratings

4.6/5

around 2,000 ratings

What users say

AI summary
Ledger Nano S Logo
Ledger Nano S
  • Discontinued Support Threatens Long-Term Use
  • Sudden Device Failures After Brief Use
  • Simple and Quick Initial Setup
  • Strong Hardware Security via Secure Element
  • Compact Form Factor for On-the-Go Use
  • Good Integration with Ledger Live App
Trezor Model One Logo
Trezor Model One
  • Simple and intuitive operation
  • Proven offline security for long-term HODLing
  • Good value for basic use
  • Limited support for new coins
  • Open-source transparency and trust
  • Basic app functions without extras
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Features

Features
Ledger Nano STrezor Model One
Platforms
  • IOS AppNo
  • Android AppYes
  • Desktop AppYes
  • IOS AppYes
  • Android AppYes
  • Desktop AppYes
Buy & sell
Yes
Yes
Staking
Yes
No
Two-factor authentication
Yes
Yes
Multi-signature
Yes
Yes
Open source
No
Yes
Backup
Recovery seed (24 words), Ledger Recover (optional)
Recovery seed (24 words)
Special features
  • Ledger Live app
  • Many apps and integrations
  • Trezor Suite app
  • Password manager

Hardware

Hardware
Ledger Nano STrezor Model One
Screen
128 x 32 pixel
128 x 64 pixels
Connectivity
USB-C
Micro-USB
Handling
Physical buttons
Physical buttons, smartphone
Build quality
Medium
Medium
Secure elements
CC EAL5+
–
FIDO2 / U2F support
Yes
No
Certification
ANSSI
CE, RoHS
Dimensions
56.95 mm × 17.4 mm × 9.1 mm
60 mm x 30 mm x 6 mm
Weight
16 g
12 g

Company

Company
Ledger Nano STrezor Model One
Company
Ledger SAS
SatoshiLabs Group a.s.
Headquarters
France
Czech Republic
Company size
Large (500+ employees)
Medium (100-500 employees)
Founder
Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France
Alena Vranova, Marek Palatinus, Pavol Rusnak
Founding year
2014
2013
Social media
676,040 followers
245,359 followers