Hi awesome people,
I am looking for some advice about which hardware wallet I should get. I know that there are Ledger Nano S and Trezor. Which is the most secure and can you access your funds if the wallet breaks by using your seed phrase?
I am doing great and hope you are enjoying these beautiful crypto days as well :
Anyways, thank you so much for taking the time in answering my question
I guess I have some research to do, but yes I have had my eye on Nano S as well, but needed to hear some guys from the academy
I would absolutely recommend the Ledger Nano and if you decide to purchase do NOT buy from Amazon or any third party. Buy it directly from Ledger to insure no one messed with it. I’ve had mine since 2017 and have no issues with it. You can download Ledger Live and it’s very easy to send and receive. If I can figure it out, anybody can. I’m a few years away from retiring!
Thx, for the reply, I have being doing some research, and it seems that the Trezor is more secure than the Ledger Nano, don’t get me wrong the Ledger is still super secure. But, the quality of the Trezor seems not as good as the Ledger Nano . Conclusion, I am going for the Ledger Nano.
There should be not much difference. I first bought Trezor One and I was happy because of it’s outstanding usablillity. Then I bougth Legdger Nano X because it supports more coins and has more memory than the Ledger Nano S, which only supports a handful of coins at once. I would prefer Trezor if it would support more coins. So I think in the end it depends on what coins you would like to have supported.
I can highly recommend …“Don´t put all your eggs in one basket”.
Ledger & Trezor are the most common ones, thats for sure. Last year for example the Ledger Live app was down. You were not able to use you Ledger for more than a day…ok there was a possibility to use you Ledger Wallet via “MyEtherWallet”. Kraken IT specialists hacked trezor wallets for example. I think its also a good possibility to run an own bitcoin full node with your personal wallet. Thats not so difficult as it sounds.
So as I said…don´t put all your eggs in one basket.
I personally have used both and I think Trezor is way better! I hate the fact with ledger that you have to always log out of certain coins. With Trezor is much easier. I also find I have many issues with Ledger while using Metamask.
Definitely the Ledger Nano for me. I’ve been using the S since 2017 with no issues. If you can, it’s a good idea to get 2 - that way you can enter your seed phrase on both and keep the 2nd one as a backup in a different (and secure) place. The X is able to ‘store’ more types of crypto at the same time and can be used via Bluetooth, but they’re not too important for me. Either way, be sure to buy direct from the Ledger website. Hope that helps!