Trezor Model One Vs. Nano S Plus Ledger Unboxing

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By Shanta Harris on June 10, 2022 Model

Crypto hard wallets enable more secure storage and management of crypto assets.

Great book explaining cold storage during the setup process.

Kari McMahon/Insider

They hold private keys, which are needed to unlock the address where crypto assets are stored on the blockchain.

Screenshot of Crypto Wallets Ledger explaining private keys during setup process — Great book explaining private keys during the setup process.

Despite how complicated it seemed, I found it quick and easy to set up the Trezor Model One.

Trezor wallet with attached lanyard — Trezor wallet with an attached lanyard.

For months I had another crypto wallet, the cheaper and newer Ledger Nano S Plus, sitting on my desk.

Ledger Nano S Plus box. — The Ledger Nano S Plus box.

I had received the wallet to try it out, but continued to avoid it as the process seemed to take time.

I was offered the Ledger Nano S Plus to try. — I was offered the Ledger Nano S Plus to try out.

After the easy process of setting up the Trezor, I wanted to see how its competitor fared, especially since it’s cheaper. The Trezor Model One is $74 with no shipping, while the Ledger Nano Plus S is $72.

The Trezor Model One and Ledger Nano S Plus. — The Trezor Model One and the Ledger Nano S Plus.

Both wallets come with similar components: the hard wallet itself, a lanyard, a USB cable, and documentation.

Main components of the hard wallet inside the Ledger Nano S Plus package. — Components of the hard wallet inside the Ledger Nano S Plus package.

It felt like the Ledger was a bit heavy on the packaging compared to the Trezor.

Nano S Plus ledger packaging.

That’s okay, but the selection of stickers was poor compared to what the Trezor offered.

Stickers and documentation supplied with Ledger Nano S Plus.

At first glance, the Ledger hard wallet looked sleeker, but it also reminded me of the flash drives handed out in the first week of college, which I lost frequently.

The Ledger Nano S Plus hard wallet.

I was surprised to find that I preferred the larger screen and bulkier style of the Trezor.

Create a wallet on Trezor Model One — Creation of a portfolio on the Trezor Model One.

The Trezor and Ledger setup processes were similar and took about the same amount of time.

Screenshot of the startup process on the Ledger application. — The configuration process on the Ledger application.

Ledger didn’t have a browser offering like Trezor, so I had to download the desktop app.

A screenshot of the Ledger desktop app. — The Ledger desktop app.

Ledger focused more on education, explaining the basics of crypto wallets at the start and asking users to take a quiz at the end of the setup process.

A screenshot of the quiz screen on the Ledger app. — The quiz screen on the Ledger app.

I was relieved to be rated as a crypto “pro” after the quiz.

I was classified as — I was rated as “a pro” after completing the ledger quiz.

After the setup process, crypto assets can then be added to wallet accounts.

A TK for bitcoin assets on my Ledger hard wallet. — An account for bitcoin assets on my Ledger hard wallet.

It was more intimidating on the Ledger than on the Trezor, as Ledger Live offers many other features, such as interacting with staking apps and storing non-fungible tokens.

Apps on Ledger Live.

You can even buy and sell assets from the Ledger hard wallet. I liked how Ledger offered all these extra features, while remaining competitive on price.

<a class= — Buy and sell crypto assets on Ledger Live.

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