Ledger
est. 2014
The best-selling hardware wallet family, with a secure element chip and the broadest asset support in the industry.
Hardware Wallets
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Hardware WalletsSumo Pick
Fact-checked 2026-08-14
Trezor
Established 2013
The original hardware wallet — fully open source and the reference standard for Bitcoin self-custody.
Trezor invented the hardware wallet category in 2013. Its Model One, Safe 3 and Safe 5 devices run entirely open-source firmware — the most audited in the industry — with Trezor Suite software covering thousands of assets and native Bitcoin-focused features.
Quick facts
Founded
2013
Category
Hardware Wallets
Platforms
Desktop, Web, Android
Key facts
Open source, First hardware wallet
Pros
- 100% open-source hardware and firmware
- Longest security track record in the category
- Excellent Bitcoin tooling and expert community
Cons
- Older models lack a secure element (newer Safe 5 adds one)
- Asset support trails Ledger's catalogue
- Physical attacks on older models require passphrase discipline
Best for
Bitcoin-focused holders who insist on open source
Fees
Hardware from ~US$59; no ongoing fees.
Security notes
Open-source firmware, PIN and passphrase support. Enabling a passphrase (hidden wallet) is the single best upgrade for older Trezors.
open-sourcebitcoinveteran
Frequently asked questions
What is Trezor?
Trezor is The original hardware wallet — fully open source and the reference standard for Bitcoin self-custody. Trezor invented the hardware wallet category in 2013. Its Model One, Safe 3 and Safe 5 devices run entirely open-source firmware — the most audited in the industry — with Trezor Suite software covering thousands of assets and native Bitcoin-focused features.
Is Trezor safe to use?
Open-source firmware, PIN and passphrase support. Enabling a passphrase (hidden wallet) is the single best upgrade for older Trezors. As always, verify details on the official site before trusting funds to any service.
How much does Trezor cost?
Hardware from ~US$59; no ongoing fees. Figures change — confirm current pricing on the official site before deciding.
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