Editor’s conclusion
In our comparison, we were able to clearly show that a hardware wallet is probably the safest way for private investors to buy, exchange or store their cryptocurrencies. The market leaders Trezor or Ledger are particularly suitable here. In the many years that they have been on the market, they have been able to constantly improve and prove themselves. In all aspects, there were hardly any differences between the four tested models. Investors do not have to make any cuts or compromises with any of the devices.
However, the hardware wallets differ in their usability. In particular, the more expensive models such as the Ledger Blue and the Trezor Model T impress with their large touchscreen-capable color screens, which make operation much easier. Otherwise, they hardly have any other or more functions than the Ledger Nano S or the Trezor Model One.
Our recommendation: Even if each of the tested hardware wallets offers its advantages, the Ledger Nano S is the clear favorite of the editors. With more than 160 coins, the market leader not only supports most cryptocurrencies, but also ensures in its position that new cryptocurrencies can almost always be implemented. The price-performance ratio was also convincing in the hardware wallet comparison. On the other hand, minor compromises have to be made in terms of operation, since the hardware wallet does not have a large display and is only operated using two buttons. However, the intuitive Ledger Live software compensates for this small shortcoming. Read more about our test winner in the large Ledger Nano S wallet guide.
