Ledger or Trezor?

Ledger or Trezor?

Recently, answering the question “do cryptocurrency investors need hardware wallets?”, Ledger CEO Eric Larchevêque reported that the company sold more than 1.3 million devices in a month. Competition in this sector is limited to a few manufacturers like Trezor and KeepKay, which have not yet released official sales figures.

According to unofficial statistics, Trezor sold about 800,000 wallets in January. 

For its part, Trezor always fully sells the batch of models it offers, and after the announcement of the release of the Model T wallet with updated software, the company even had to create a waiting list for all customers wanting to buy the device. 

Meanwhile, Ledger has taken its Nano S wallet to a completely new level - in April, Amsterdam Schiphol Airport began using this device to accept payments in cryptocurrency in its duty free. At the same time, Ledger is constantly adding support for new tokens for its device, which expands the circle of potential clients of the company.

Explaining the popularity of hardware cryptocurrency wallets from his company, the head of Ledger pointed out their main advantages - security and accessibility.

Hardware wallets inexpensive, portable, easy to use, and also linked to paper wallets, which helps restore funds if the device is lost.

That's why these wallets are in such demand. However, this industry could not avoid black PR. Earlier this summer, the community harshly criticized wallet company BitFi, which was backed by John McAfee. According to him, the wallets of this company cannot be hacked.

After the wallet was hacked by 15-year-old Saalem Rashid, the company stopped making such statements. 







According to bitcoinist.com

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