Security News > 2022 > April > Ledger vs Trezor: Crypto hardware wallet comparison
Software solutions are rightly considered less secure than hardware ones, so let's focus on two leading crypto hardware wallets: Ledger Nano X and the Trezor Model T. SEE: Cryptocurrency glossary: From Bitcoin and Dogecoin to hot wallets and whales.
What is Ledger Nano X? Ledger Nano X is a cryptocurrency hardware wallet built on a custom operating system dubbed BOLOS and developed by Ledger.
What is Trezor Model T? Trezor Model T is a crypto hardware wallet from SatoshiLabs, whose firmware and software are available as open source.
Security is the main argument for buying a crypto hardware wallet because these devices offer cold storage: The cryptographic secrets and seeds are never online - they stay in the device and do not leave it.
Finally, the Ledger device is smaller than the Trezor device, making it easier to carry or hide.
The device can be bound to the microSD card and can't be unlocked without it until the user intentionally disables the feature or factory-resets the Trezor Model T. People concerned with physical attacks will enjoy the option of storing the microSD card in a physical location other than the Trezor device when it is not in use.