Ledger Hardware Wallet
Hardware cryptocurrency wallets have always been greatly appreciated by dedicated blockchain enthusiasts. Using a specialized device for making your crypto transactions allows for a superb level of security, which is hard to achieve while using software wallets with your computer or smartphone. Let’s take a look at Ledger hardware wallets - one of the most popular hardware wallets on the market.
The two most popular hardware wallet brands are Ledger and Trezor. Both are great products and both are guaranteed to provide a very high level of security, but there’s also differences between the two which you should take into consideration when deciding which of them would work better for you.
The main difference between Ledger and Trezor is the fact that Ledger wallets are more affordable, while Trezor devices are quite expensive. Another big difference is that Ledger wallets are smaller, which makes them more convenient to carry around with you, at the price of sacrificing the slightly bigger screen that Trezors have.
Ledgers are also slightly more user-friendly as they are less complex, so it’s easier to learn how to use them, even for people with no technical experience. Combined with the fact that they are compact and affordable, it makes Ledger products a great choice for people who are buying a hardware crypto wallet for the first time.
Which Ledger Model Is Better?
Ledger currently comes in two models:
Ledger Nano S
Ledger Nano S is the most popular Ledger model, and one of the most popular hardware wallets on the market all around. It’s an easy-to-use, simple and compact wallet which can greatly enhance the security of sending, receiving and storing cryptocurrencies at an affordable cost.
Ledger Nano X
Ledger Nano X is the most recent product introduced by Ledger, and it comes with a lot of improvements and extra features compared to Nano S. Ledger Model X has a better screen resolution than its predecessor, longer battery life and bigger storage space. It’s also much easier to use with mobile phones, since it can be connected to an iPhone or an Android phone with an encrypted bluetooth connection. The only downside is the price - all the extra features and improvements make Ledger Nano X more expensive than Nano S.
Ledger hardware wallets have been around for years, and they are renowned among crypto investors for their reliability and the high level of security they provide. Because Ledgers are more affordable and easier to use than Trezors, they are an excellent choice for beginner hardware wallet users.
When it comes to choosing between the two Ledger models available, there’s no denying that the newer and more expensive Ledger Nano X is overall a much better product than Ledger Nano S. If you can afford the slightly higher price, Ledger Nano X is an excellent choice of a hardware wallet, with many extra features that make it one of the best wallets on the market.
Pros & Cons of Ledger Wallets
- Very secure
- Easy to use
- Beginner friendly
GET YOUR SECURE WALLET
- Small screen
- Small buttons - might be inconvenient for some people