Cryptocurrencies have become a rather valuable and pretty popular investment these days. Consequently, more and more people are turning towards those digital coins and deciding to try their luck out by investing their money in this asset.
The best part is, more and more people are making money this way, which goes to show that Bitcoin, as well as some other crypto coins, really can be a great investment opportunity. Find out more about whether you should make these investments or not.
When you decide to dip your toe into this pool of crypto opportunities, there are a few significant things that you will need to do. Apart from learning more about the entire process, and joining an exchange, you will need to choose your crypto wallet.
As you probably already know, these wallets are necessary for storing the coins that you have gathered and bought. If you were thinking about skipping this step, let me tell you right away that it isn’t an option.
So, now you know that you need a wallet. Yet, is that everything you need to know? Do you just decide that you need a wallet and get one without thinking things through and without checking which one could be a perfect choice?
Well, I suppose you can assume that the answers to those questions are negative. The mere fact that there are multiple options available tells you that you will have to spend some time trying to make the right choice.
This choice, however, can be more difficult to make than you might have expected it. There are various different options to consider and you need to be quite careful which one to go for.
Most importantly, though, you will need to choose between the two available hardware crypto wallet options, called Ledger and Trezor. These two are the leading and the most popular options that you should take into consideration.
Still, how can you decide which one of these to choose? To put it differently, how can you be sure which option is the better one for you?
The simple answer is that you will need to do your homework and learn about both of these respectively and then compare the Ledger vs Trezor findings before choosing one of them.
If you are ready to learn about both of these hardware cryptocurrency wallets and then decide which one to go for, I say you should keep reading this article, because I’ll give you the information you need.
Ledger
The Ledger wallet has been created by a company that goes under the same name and that was established back in 2014.
Given that it has survived by now and given all the improvements that have been made to their technology solutions, this company has proved to be quite reputable and trustworthy, which is making people go for this option rather often.
In fact, when it comes to securing cryptocurrencies, the Ledger is one of the most reliable options out there.
Also Read: What Is A Bitcoin Trader And How Does It Work?
Trezor
Yet, the Ledger has its competition and, the funny thing is, this particular wallet was the first one ever to be created. This specific product also has an amazing reputation and it has kept on improving ever since it appeared for the first time.
More and more features are being added over time and, most importantly, this wallet supports the new coins that keep on appearing on the market.
Features Comparison
Since both of these products seem to be equally popular and trustworthy, the question is how you can choose the right one for you.
Well, in order to manage and make the right choice, you’ll need to check out and compare their features in more detail. I’ll offer some comparisons below, but keep in mind that this is ultimately your decision.
Here’s why you should go for hardware options in the first place: https://bdtechtalks.com/2021/03/12/bitcoin-hardware-wallets/
Display
Both of these wallets have a display screen that allows you to send crypto and display the seed phrase.
Yet, the Trezor might be more convenient here, since its screen is larger. It all, however, depends on what you prefer.
Size
The Trezor wallet is also a bit larger than the Ledger, which is precisely why the screen is larger as well.
When it comes to carrying the wallet around, though, the smaller option is probably more suitable. Carrying smaller objects is easier.
Durability
The durability of these wallets depends on their materials. The Ledger is made of stainless steel, while the Trezor features a plastic body.
Consequently, the first one is quite more durable, and it has a more sleek appearance as well.
Currency Support
Of course, none of the above wouldn’t matter if the wallet didn’t support the currency you want to hold.
While both of these support the most popular crypto such as Bitcoin and Ethereum and while both support over a thousand coins here’s the thing. It appears that the Ledger has the lead here, as it supports more currencies.
Also Read: Can I Shop With My Bitcoins: Here Is What You Should Know
The Verdict
If you are looking for a more durable and secure option, then you should probably go for the Ledger. Yet, the Trezor allows you to set everything up pretty quickly even if you don’t have any technical knowledge whatsoever.
The bottom line is that both of these are safe and that you should choose in accordance with your personal preferences.
