Skip to content
Hardware wallet comparison

Ledger Nano X vs Trezor One: Secure Element vs Open-Source Legacy

Ledger Nano X uses a secure element chip with Bluetooth at $149. Trezor One is the original 2014 hardware wallet at $69, fully open-source, USB-only, with no secure element. The trade-off is chip-level security with mobile convenience versus proven open-source longevity at a third the price.

Published: May 18, 2026Updated: March 22, 2026By Kevin Kinnett
Secure element architectureOpen-source firmwareMobile supportPrice

Ledger

Ledger Nano X

4.5 Editorial score

Price

$149

Profile

More secure-chip focused

Trezor

Trezor One

4.4 Editorial score

Price

$69

Profile

More open-source

Decision table

Side-by-side security posture

Device ModelLedger Nano XTrezor One
Price$149$69
Security Rating
Secure Element
Open Source
Multisig
ConnectivityUSB-C, BluetoothUSB-C
Supported AssetsBTC, ETH, LTC...BTC, ETH, LTC...
Warranty2 years2 years
Ledger

Ledger Nano X

Secure element

Pros

  • Secure element chip (CC EAL5+)
  • Bluetooth connectivity for mobile
  • Large storage (100+ apps)
  • Well-established brand
  • Strong track record

Trade-offs

  • Closed-source firmware
  • Higher price point
  • Bluetooth raises security questions
  • Previous data breach of customer info
  • Proprietary software
Trezor

Trezor One

Open source

Pros

  • Most affordable option from Trezor
  • Fully open-source
  • Proven track record since 2014
  • Simple and reliable
  • Active community support

Trade-offs

  • No secure element
  • Small screen
  • No touchscreen
  • Button interface less intuitive
  • Physical extraction vulnerability
Who should choose which

Bottom line

Most modern buyers should pick the Nano X for the secure element and Bluetooth mobility. The Trezor One stays a legitimate choice if you prioritize fully open-source firmware over hardware-chip security and want to spend $69 instead of $149.

FAQ

Which is better: Ledger Nano X or Trezor One?

Most modern buyers should pick the Nano X for the secure element and Bluetooth mobility. The Trezor One stays a legitimate choice if you prioritize fully open-source firmware over hardware-chip security and want to spend $69 instead of $149.

FAQ

What's the price difference between Ledger Nano X and Trezor One?

The Ledger Nano X costs $149, while the Trezor One costs $69. That's a difference of $80.