Ledger Flex vs Trezor Model One

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Ledger Flex vs Trezor Model One: Which crypto wallet is right for you? Our honest review covers design, features, and value. Learn the pros and cons of each to make the best choice for your digital assets.

Choosing between Ledger Flex vs Trezor Model One can be tough decision. Both hardware wallets will keep your coins safe, but, they are different! I’ve tested these wallets carefully, and I’m here to help you make an informed decision for the security of your cryptocurrencies.

Here are the factors we will compare:

  • Design
  • Security
  • Supported cryptos
  • User experience
  • Connectivity
  • Software
  • Extra features
  • Pros and cons

Ready to find your perfect one? Let’s jump in!


Ledger Flex vs Trezor Model One: Overview

The Ledger Flex and Trezor Model One are both hardware wallets designed to securely store cryptocurrency private keys offline. Ledger, a French company founded in 2014, launched the Flex in July 2024 as their latest offering. The Trezor Model One, on the other hand, was unveiled in February 2018 by SatoshiLabs, a Czech Republic-based company established in 2013.

These devices represent different generations of hardware wallet technology. The Ledger Flex is a more recent product with modern features like a touchscreen and wireless connectivity, while the Trezor Model One is a well-established, budget-friendly option known for its simplicity and open-source design.

Both wallets aim to provide a secure solution for cryptocurrency storage, but they differ significantly in their approach, features, and target users.


Design and Build

When it comes to looks and feel, these two wallets couldn’t be more different. Let’s break it down:

Feature
Ledger Flex
Trezor Model One
Screen
E Ink touchscreen (2.84 inch)
Small OLED display (0.96 inch)
Body
Aluminum frame, plastic back
All plastic
Controls
Touchscreen
Two buttons
Size
78.4 x 56.5 x 7.7 mm
60 x 30 x 6 mm
Weight
57.5g
12g

My take: The Ledger Flex feels like a premium product with its sleek design and touchscreen. It’s bigger and heavier, but that E Ink screen is a game-changer for readability. The Trezor Model One is more basic and plastic-y, but it’s super lightweight and pocketable. If you want something that feels high-end, go for the Flex. If you prefer a no-frills, ultra-portable option, the Trezor is your best bet.


Security Features

Both wallets take your crypto’s safety seriously, but they approach it differently:

Feature
Ledger Flex
Trezor Model One
Chip
Secure Element (CC EAL6+ certified)
General-purpose microcontroller
Software
Closed-source Ledger OS
Open-source
Protection
PIN code
PIN code + optional passphrase
Extra
Clear Signing feature
Shamir Backup (advanced recovery)

My opinion: Security-wise, both are solid choices. The Ledger Flex’s certified chip gives me peace of mind, and that Clear Signing feature is neat for double-checking transactions. But I really dig Trezor’s open-source approach – it means anyone can check the code for issues. The passphrase feature on the Trezor is also a nice touch for the extra paranoid (like me). If you’re big on certified hardware, lean towards the Flex. If you love open-source and want more DIY security options, the Trezor Model One is calling your name.


Supported Cryptocurrencies

Here’s the quick rundown on what you can store:

Wallet
Supported Cryptocurrencies
Ledger Flex
5,500+ coins and tokens
Trezor Model One
9,000+ cryptocurrencies

What I think: At first glance, the Trezor Model One is the clear winner with way more supported coins. But here’s the thing – unless you’re deep into obscure altcoins, both wallets will likely cover all your bases. The Ledger Flex supports all the major players and then some. Plus, it has built-in NFT support, which is pretty cool if you’re into digital collectibles.

My advice? Don’t let the numbers alone sway you. Check if the specific coins you own or plan to buy are supported. For most folks, either wallet will do the job just fine. If you’re an altcoin enthusiast or want to future-proof for some really niche tokens, the Trezor might edge out. But for the average crypto user, the Ledger Flex’s lineup is more than enough.


User Interface and Experience

The way you interact with your wallet can make a big difference in day-to-day use. Let’s see how these two stack up:

Feature
Ledger Flex
Trezor Model One
Screen
Large E Ink touchscreen
Small OLED display
Controls
Touch-based
Two physical buttons
Transaction Signing
Clear Signing on screen
Verify on device screen
Ease of Use
Smartphone-like
More basic, but simple

My take: I’ve got to hand it to the Ledger Flex here. That big E Ink touchscreen is a game-changer. It’s like using a mini smartphone, which most of us are already comfortable with. The Clear Signing feature is super handy – I can actually read and understand what I’m approving.

The Trezor Model One, with its two-button system, feels a bit old-school in comparison. It’s simple and gets the job done, but it can be a bit fiddly, especially with long addresses.

If you want a smooth, modern experience, the Flex is the way to go. But if you prefer a no-frills, straightforward approach (or have fat fingers that struggle with touchscreens), the Trezor might be more your speed.

Send, receive, trade & stake your coins with the Trezor Model One

Connectivity Options

How you connect your wallet can impact its convenience and versatility. Here’s what each offers:

Feature
Ledger Flex
Trezor Model One
Wired Connection
USB-C
Micro USB
Wireless
Bluetooth 5.2
None
Mobile Compatibility
Yes (iOS & Android)
Limited

What I think: The Ledger Flex is living in 2024, while the Trezor Model One is stuck in 2015. The Flex’s USB-C is the current standard, and having Bluetooth is super convenient for quick mobile transactions.

The Trezor’s Micro USB feels dated. It works, but finding a cable can be a pain these days.

If you’re always on the go and love managing your crypto on your phone, the Flex is a no-brainer. The Bluetooth feature is a massive plus. But if you’re more of a desktop user and don’t mind being tethered, the Trezor will serve you just fine. Just don’t lose that Micro USB cable!


Software and Ecosystem

The software you use with your hardware wallet can make or break your experience. Let’s see what each offers:

Feature
Ledger Flex
Trezor Model One
Main Software
Ledger Live
Trezor Suite
User Interface
Modern, app-like
Clean, straightforward
Features
Buy, sell, swap, stake
Basic management, exchanges
Third-party Support
Wide range
Extensive

My opinion: Both Ledger Live and Trezor Suite are solid pieces of software, but they cater to different users.

You can do pretty much everything without leaving the Ledger Live app – buy, sell, swap, and even stake your coins. It’s great if you want an all-in-one solution.

Trezor Suite is more stripped-down but still powerful. It’s straightforward and gets the job done without any fuss. I appreciate its clean interface and focus on security.

Both play nice with various third-party wallets, so you’re not locked into their ecosystems.

If you want a feature-rich, do-it-all app, Ledger Live wins. But if you prefer a no-nonsense, security-focused approach, Trezor Suite might be more your style. Personally, I lean towards Ledger Live for its versatility, but I can see the appeal of Trezor’s simpler approach, especially for beginners or security purists.


Additional Features

Both wallets pack some extra goodies that might sway your decision. Let’s check them out:

Feature
Ledger Flex
Trezor Model One
NFT Support
Yes, built-in
Limited, via third-party
Display
Customizable, E Ink
Basic OLED
Battery
Up to 10 hours use
No battery (USB powered)
Extra Security
Clear Signing
Two-factor authentication
Privacy
Standard
Coin control feature

My take: The Ledger Flex feels like it’s got one foot in the future with its NFT support and that cool customizable E Ink display. I love being able to show off my favorite NFT even when the device is off – it’s a neat party trick! The battery life is a big plus for me too, especially when I’m traveling.

Your new 3.7” curved E Ink display is always dressed and ready to impress. Enjoy your favorite NFT collections or images as they appear on your Ledger Flex™ screen, even when it’s turned off.
Enjoy your favorite NFT collections or images as they appear on your Ledger Flex™ screen, even when it’s turned off.

The Trezor Model One keeps it old-school but has some tricks up its sleeve. That coin control feature is a godsend for privacy nuts like me. And the two-factor authentication adds an extra layer of security that I really appreciate.

If you’re into NFTs and like a bit of flash, the Flex is your jam. But if you’re all about that extra privacy and don’t mind a more basic look, the Trezor might be calling your name.


Compatibility

Let’s break down where you can use these wallets:

Compatibility
Ledger Flex
Trezor Model One
Desktop OS
Windows 10/11, macOS, Ubuntu
Windows, macOS, Linux
Mobile OS
iOS 14+, Android 10+
Limited (via web wallet)
Chrome OS
No
Yes (via web wallet)
Other
Not for mining
Not for mining

What I think: The Ledger Flex is a champ when it comes to playing nice with your devices. It’s got solid support for all major desktop operating systems and full-fledged mobile apps. I love being able to manage my crypto on the go with my phone.

The Trezor Model One is a bit more limited on the mobile front, but it makes up for it with broader desktop support, including Chrome OS. If you’re a Chromebook user, this might be a deciding factor for you.

Neither of these is meant for mining, so keep that in mind if you’re looking to dig for digital gold.

For me, the mobile support of the Flex is a big win. But if you’re mostly a desktop user and want that Chrome OS compatibility, the Trezor might be the better choice.


Pros and Cons

Ledger Flex

Pros

  • Slick E Ink touchscreen
  • Bluetooth connectivity
  • Built-in NFT support
  • Customizable display
  • Rechargeable battery
  • Modern, feature-rich app

Cons

  • Pricey ($279)
  • Closed-source software
Trezor Model One

Pros

  • Budget-friendly ($59)
  • Open-source design
  • Super lightweight and portable
  • Strong privacy features
  • Wide cryptocurrency support
  • Chrome OS compatible

Cons

  • Dated Micro USB connection
  • Small, basic display
  • Limited mobile support
  • No wireless connectivity

Trezor Model One vs Ledger Flex: Which One to Choose?

Still on the fence? Here’s my bottom line:

Go for the Ledger Flex if you’re all about that modern crypto life. Its touchscreen, Bluetooth, and slick app make managing your digital assets a breeze. It’s perfect if you’re into NFTs or use your phone for everything. Yes, it’s pricier, but think of it as investing in a smoother, more user-friendly crypto experience.

Choose the Trezor Model One if you’re budget-conscious or big on open-source tech. It’s a no-frills powerhouse that gets the job done securely. If you mainly use desktop and value simplicity and transparency, this is your wallet. It’s a great entry point into hardware wallets without breaking the bank.


Bottom Line

Whew! We’ve covered a lot of ground here. Remember, there’s no one-size-fits-all in the crypto world. Your perfect wallet depends on your needs, budget, and how you like to manage your digital assets. Whether you go for the flashy Flex or the trusty Trezor, you’re taking a smart step in securing your crypto. Trust your gut, make your choice, and dive into the exciting world of hardware wallets. Happy hodling!


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