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Trezor Model One

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Ledger Nano S Plus

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CompareTrezor Model One vs Ledger Nano S Plus

Trezor Model One vs Ledger Nano S Plus

Trezor Model One

Trezor

Trezor Model One

4.1| Hardware
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vs
Ledger Nano S Plus

Ledger

Ledger Nano S Plus

4.7| Hardware

$79

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Our Take

Not financial advice
Editor's PickLedger Nano S Plusfor most users

The Ledger Nano S Plus is the superior choice for most investors because of its vast asset support. It accommodates over 15,000 coins and tokens, whereas the Trezor Model One supports only 1,800. For a price of $59.00, the Ledger Nano S Plus provides a modern hardware platform that secures a much wider variety of digital assets, making it the more versatile and future-proof investment for managing a diverse cryptocurrency portfolio.

The Trezor Model One serves as an excellent entry-level option for budget-conscious users who only hold mainstream assets. With a price of $0.00 in our data, it eliminates the financial barrier to hardware security. While its support is limited to 1,800+ coins and tokens, it secures major assets like Bitcoin and Ethereum. This makes it a highly cost-effective alternative for individuals who do not require the extensive token catalog of the Ledger Nano S Plus.

Security

Ledger Nano S Plus

Secures a wider range of 15,000+ assets.

Asset Support

Ledger Nano S Plus

Supports 15,000+ assets compared to Trezor's 1,800.

Price

Trezor Model One

Costs $0.00 compared to Ledger's $59.00.

Usability

Ledger Nano S Plus

Supports a wider range of 15,000+ assets directly.

At a Glance

How each wallet scores across key dimensions. Each axis is rated out of 5.

Ratings & Specs

4.1
Overall Rating
4.7
4.2 / 5
Security Rating
4.8 / 5
Hardware
Wallet Type
Hardware
Supports Bitcoin, Ethereum, and thousands of ERC-20 tokens (does not support Solana, Cardano, XRP, or Monero).
Assets Supported
Over 5,500 coins and tokens across 100+ blockchains via Ledger Live.
$0
Price
$79

Highlighted cell = stronger result on that metric.

Key Security Features

Trezor Model One

  • PIN protection with scrambled matrix
  • BIP-39 Passphrase support for hidden wallets
  • 100% Open-source hardware and firmware
  • Physical two-button transaction verification
  • Deterministic key generation (BIP-32/39/44)

Ledger Nano S Plus

  • CC EAL5+ Certified Secure Element
  • BOLOS Operating System
  • PIN Code Protection
  • Physical Two-Button Confirmation
  • Root of Trust Genuine Check

Pros & Cons

Trezor Model One

Pros

  • Affordable entry-level price point
  • 100% open-source firmware and hardware architecture
  • Over 10 years of proven real-world security track record
  • Seamless integration with Trezor Suite desktop and web app
  • Physical two-button confirmation prevents unauthorized transactions

Cons

  • Uses outdated Micro-USB connector instead of USB-C
  • No Secure Element chip (passphrase strongly required against physical attacks)
  • Missing native support for major blockchains like Solana, Cardano, and XRP
  • Scrambled on-screen PIN entry is less convenient than touchscreen models
  • Trezor Safe 3 offers vastly superior hardware for only $10 more

Ledger Nano S Plus

Pros

  • Exceptional value at an accessible entry price ($79)
  • Certified CC EAL5+ Secure Element protection
  • Ample memory capacity for up to 100 simultaneous apps
  • Crisp, readable OLED screen compared to the original Nano S
  • Modern USB-C connection

Cons

  • Wired only (no Bluetooth or wireless support)
  • iOS support is limited due to Apple's USB restrictions

Best open-source option

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Best overall rating

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Frequently Asked Questions

Which is better for beginners?
The Trezor Model One is better for beginners on a budget due to its $0.00 price point, while the Ledger Nano S Plus is better for beginners who want to trade a wider variety of the 15,000+ supported assets. This is not financial advice.
Which is more secure?
Both hardware wallets offer excellent security, but the Ledger Nano S Plus secures a larger library of 15,000+ assets for $59.00, whereas the Trezor Model One secures 1,800+ assets for $0.00. This is not financial advice.
Which supports more cryptocurrencies?
The Ledger Nano S Plus supports more cryptocurrencies, offering compatibility with over 15,000 coins and tokens compared to the 1,800+ supported by the Trezor Model One. This is not financial advice.
Is the price difference worth it?
Yes, paying $59.00 for the Ledger Nano S Plus is worth it if you need support for more than the 1,800 assets offered by the $0.00 Trezor Model One. This is not financial advice.

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