Ledger vs MetaMask: Price, Security & Features (2024)

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Ledger vs MetaMask: Price, Security & Features (18)

Compare Ledger vs MetaMask & find out which is the safest option for storing your crypto. Check the expert-gathered crypto wallet data side by side and make an informed decision.

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Ledger vs MetaMask - Crypto Wallet Comparison Overview

After performing an in-depth analysis of Ledger vs MetaMask crypto wallets & their features, we have grouped the represented data into 9 different sections to help you process the information easier & quicker. If you want to get a brief understanding of Ledger vs MetaMask comparison results, take a glance at the short table below.

By comparing Ledger vs MetaMask overall scores, we clearly see that Ledger has the higher overall score of 8.6. MetaMask, on the other hand, has scored 7.1 final points.

To help you quickly decide which crypto wallet is the best, we have also compared Ledger vs MetaMask with the top-rated & most popular crypto wallet brand - Ledger Nano X. According to our analysis, Ledger Nano X has the highest overall score out of all crypto wallet brands & is considered to be one of the most trusted wallets out there with the overall score of 9.8. For a more detailed Ledger vs MetaMask analysis, take a look at the in-depth comparison chart below.

Compare Other Crypto Wallets

Main score based on expert evaluations & real user reviews.

Whether the crypto wallet is hardware, software, desktop or paper type.

For which purpose or for what kind of people is the cryptocurrency wallet best for.

Final crypto wallet evaluation conclusion based on research, expert opinions & user feedback.

Ledger vs MetaMask: Price, Security & Features (19)

LEDGER NANO X

Ledger vs MetaMask: Price, Security & Features (20)

LEDGER

Ledger vs MetaMask: Price, Security & Features (21)

METAMASK

Overall Score

9.8

8.6

7.1

Wallet Type

Hardware Hardware Software

Best For

Best for Safely Storing, Sending, and Receiving Different Cryptocurrencies Best for Safely Storing, Sending, and Receiving Different Cryptocurrencies Best for storing Small Amounts of Cryptocurrency

Verdict

One of the best hardware cryptocurrency wallets ever made. One of the safest hardware wallets on the market. An attention-worthy hot wallet for Ethereum, but there are better options around.
Visit site Read review Visit site Read review Visit site Read review

Ledger vs MetaMask Crypto Wallet Comparison Data

Compare Ledger vs MetaMask side by side by checking this comprehensive cryptocurrency wallet comparison data chart. Measure the most important wallet metrics against each other & see who wins as the better crypto wallet!

Compare Other Crypto Wallets

The main advantages of a certain cryptocurrency wallet.

The main disadvantages of a certain cryptocurrency wallet.

Score that represents the ratio of the quality & advantages you get for a certain price.

How easy & intuitive it is to use a certain crypto wallet.

Most popular hand-picked deals & coupons.

Overall level of security & safety of your assests offered by a certain crypto wallet.

Whether the crypto wallet requires two-factor authentication as an extra layer of security when completing an action.

Whether the crypto wallet requires multiple keys to authorize a transaction as an extra layer of security.

Whether the crypto wallet requires a Pin code as an extra layer of security when completing an action.

The general anonimity level of your data.

What kind of methods of recovering your cryptocurrency assets in case you lose your wallet or forget your primary password does the wallet offer.

Who owns your private keys.

The level of control you have on the crypto wallet.

Amount of cyprotcurrencies that are supported in a certain cryptocurrency wallet.

Amount of tokens that are supported in a certain cryptocurrency wallet.

Whether or not the crypto wallet supports the Ethereum token.

Whether or not the cryptocurrency wallet is compatible with other wallets & which.

Whether or not the crypto wallet supports the original BTC addresses that start with "1".

Whether or not the crypto wallet supports newer BTC addresses that came to be due to a soft fork. These addresses start with "3".

Whether or not the crypto wallet supports these specific types of BTC SegWit addresses. These wallet addresses start with "bc1".

Wallet Software

What kind of actions you can carry out via certain cryptocurrency wallet

Whether or not the users can control the transaction fees according to their personal needs.

What kind of additional features does each cyrpto wallet offer.

Is the crypto wallet open source or closed source.

How helpful and responsive is each cryptocurrency wallet's customer support.

What kind of connectivity methods are used for each wallet's management.

Through which mediums can you manage & control your crypto wallet.

Whether or not (and for how long) the crypto wallet offers a time period in which you can return the wallet free of cost.

The lowest cost of each brand's product. These are regular prices without discounts.

What kind of additional fees you may have to pay for extra services.

Whether or not the cryptocurrency wallet accepts payments via bank wire transfer.

Whether or not the cryptocurrency wallet accepts payments via debit or credit card.

Whether or not the cryptocurrency wallet accepts payments via PayPal.

Whether or not the cryptocurrency wallet accepts cryptocurrency payments.

Full legal business name of the cryptocurrency wallet.

The location where the cryptocurrency wallet company is based.

The year when the crypto wallet was established.

Ledger vs MetaMask: Price, Security & Features (22)

LEDGER NANO X

Ledger vs MetaMask: Price, Security & Features (23)

LEDGER

Ledger vs MetaMask: Price, Security & Features (24)

METAMASK

Pros

  • Can be managed from mobile device
  • Very secure
  • Supports more than 5500 cryptocurrencies
  • Comfortable design
  • Super secure
  • Protection against physical damage
  • Supports more than 1500 coins and tokens
  • Open-source
  • Private keys kept on the browser
  • Easy to use
  • Used to access the Ethereum blockchain
  • Integrations with Ledger devices

Cons

  • Relatively expensive
  • Relatively expensive
  • A "hot" wallet - security concerns
  • Only supports Ethereum and ERC-20 tokens

Value For Money

Ease of Use

Latest Coupons

All Ledger Nano X Coupons See All Coupons of Best Wallets See All Coupons of Best Wallets
Security

Security Level

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

2FA Two-factor Authentification

Multi-signature

Pin Code

Anonimity Level

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

Backup Type

24-word Recovery Phrase or Nano S Plus 24-word Recovery Phrase (via subscription) Secret Recovery Phrase

Private Key Owner

You You You

Full Wallet Control

|

|

|

|

|

No

Partial

Yes

|

|

|

|

|

No

Partial

Yes

|

|

|

|

|

No

Partial

Yes

Supported Crypto

Number of Supported Crypto

1100+
See Full List
5500+
See Full List
6
See Full List

Number of Supported Tokens

5500+
See Full List
1500+
See Full List
1000+
See Full List

ERC20 Support

Compatibility With Wallets/Exchanges

MyCelium, Exodus + 48 more MyEther, MetaMask + 48 more Ledger, Trezor

Legacy Addresses

SegWit

Bech32

Software Features

Wallet Software

Android App
iOS App
Windows Software
MacOS Software
Linux
Windows Software
MacOS Software
Linux App
Chrome Browser
Firefox Browser
Brave Browser
iOS app
Android app

Software Functions

Receive
Send
Store
Store
Send
Receive
Store
Manage
Send
Receive

Transaction Fee Control

Extra Features

Password Manager
N/A
N/A

Transparency

Open-Source Open-Source Open-Source

Customer Support

|

|

|

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|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

Connectivity

Wallet Connectivity

Bluetooth
USB
Wifi
USB
Wifi

Wallet Control

Mobile
Desktop
Desktop
Mobile
Web
Mobile
Pricing

Money Back Guarantee

14 days 14 days N/A

Base Price

149 EUR 39 USD 0 USD

Service Fees

N/A N/A wapping assets entails a service fee of 0.875%
Payment Methods

Wire Transfer

Credit/Debit Card

PayPal

Cryptocurrency

Company’s info

Full Company Name

The Ledger Company Ledger ConsenSys

Based in

Paris, France Paris, France USA

Year of Origin

2014 2014 2016

Check Official Website

Visit site Read review Visit site Read review Visit site Read review

Compare Other Crypto Wallets

Ledger vs MetaMask Technical Comparison Results

The Value for Money score is one of the most important factors you should consider, as it can tell you whether the crypto wallet comes with the best quality and price ratio, or if the brand lacks in one of these aspects. While comparing Ledger vs MetaMask, we can see that Ledger has a higher Value for Money score compared to MetaMask.

Another highly important aspect is the Security Level - it can tell you how safe your crypto assets will be if stored in a certain wallet. After doing Ledger vs MetaMask comparison, it’s evident that MetaMask has somewhat better security features than Ledger. The Number of Supported Crypto section can tell you just how many & which cryptocurrencies you can conveniently hold in a single cryptocurrency wallet at the same time. After comparing Ledger vs MetaMask, it’s clear that MetaMask has the higher number of supported crypto with 6 cryptocurrencies available, while Ledger supports 5500+ different cryptocurrencies.

It’s also really important to evaluate a wallet's customer support, as you might have some important questions or even issues that will need to be resolved right away. According to our Ledger vs MetaMask comparison research & gathered data, the better customer support is presented by Ledger, which offers fast & sincere help when their customers need it.

Keep in mind that here, we are only comparing Ledger vs MetaMask, but that doesn’t mean that these brands are the best in the game. Even though Ledger Nano X wins this comparison, if put against all the cryptocurrency wallet brands, Ledger is the clear winner. That’s why, in the comparison charts, you can see how Ledger compares against your chosen brands. It’s evident that Ledger offers features that are above the industry standards, and is the top-rated & most popular crypto wallet on the market today.

Ledger vs MetaMask: Price, Security & Features (25)

LEDGER NANO X

Ledger vs MetaMask: Price, Security & Features (26)

LEDGER NANO S PLUS

9.8

VS

9.6

Ledger vs MetaMask: Price, Security & Features (27)

LEDGER NANO X

Ledger vs MetaMask: Price, Security & Features (28)

BINANCE

9.8

VS

9.4

Ledger vs MetaMask: Price, Security & Features (29)

LEDGER NANO X

Ledger vs MetaMask: Price, Security & Features (30)

COINBASE

9.8

VS

9.1


The Process Behind Ledger vs MetaMask Comparison

Ledger vs MetaMask: Price, Security & Features (31)

1. We Gather

To make this Ledger vs MetaMask comparison as accurate and fact-based as possible, we collect all the data from verified sources only. We gather opinions & real-life experiences from real users, as well as measure and test out various aspects ourselves.

Ledger vs MetaMask: Price, Security & Features (32)

2. We Measure

To make sense of the gathered Ledger vs MetaMask comparison data, our experts analyze & aggregate it using data structuring methods. Whether it’s security aspects or software features, the information is filtered out to remove any untruthful or biased claims.

Ledger vs MetaMask: Price, Security & Features (33)

3. We Score

To make the gathered & measured data more understandable and useful, each aspect is evaluated with a clear score, scale, or a short verdict. In this Ledger vs MetaMask comparison, our goal is to help you choose the best just by glancing at the charts.

Ledger vs MetaMask: Price, Security & Features (34)

4. You Pick

Our goal is to provide you with the clearest, factual & useful data out there. After we compare Ledger vs MetaMask head-to-head, it’s up to you to decide which cryptocurrency wallet is the best for your needs. Take your time & choose wisely!

FAQ

Which aspects are the most significant while comparing Ledger vs MetaMask cryptocurrency wallets?

The first aspect you should give your attention to is the wallet type, as it reveals a lot about the product and its security. Usually, hardware wallets are the most popular for their high level of safety. Another important aspect is the number of supported coins, as some wallets may not be able to hold the cryptocurrency you possess. You should also consider the helpfulness of a brand’s customer support & read some general feedback of other customers on how their issues were resolved. And, of course, price & payment methods are important as well, but in the world of crypto wallets, “free” often means a lower security level, so do not shy away from spending a little bit more for the safety of your crypto!

How should I know which crypto wallet is the best for me?

First, you need to consider your experience & knowledge level - decide whether you are a beginner, or an advanced user. Are you looking for a free wallet only, or are you willing to spend a little bit more for the sake of security and extra features? You should also consider how many & which coins you want to hold in one wallet. Our crypto wallet comparisons can help you answer all these questions.

What is the best cryptocurrency wallet type?

While wallets are highly preference-dependent, the most secure options are still going to remain paper and hardware wallets. The two types of cryptocurrency storage are going to allow you to retain the utmost security of your crypto coins - much better than, say, keeping them in an online exchange.

What types of cryptocurrency wallets are there?

In total, there are four big types of cryptocurrency wallets - online, hardware, software (app), and paper ones. Each of these types of wallets have their own features, benefits, and shortcomings, and are thus going to be suitable for different types of people, too. Security-wise, paper wallets are seen as the best alternative, while convenience-wise, software and online ones should be your go-to options.

Are hardware wallets worth investing in?

It depends, but in most cases - yes. If you’re just starting out with cryptocurrency trading and investing, a hardware wallet might be a bit of an overkill - it is generally considered that hardware wallets should be purchased once you have a significant amount of crypto, and want to keep it safe. If you’re an active trader, that can also dissuade the matter even further - trading-wise, software and online wallets are much more convenient.

What are “hot” and “cold” wallets?

Hot wallets are those crypto storage pieces of software that maintain a constant connection to the internet. As opposed to that, cold wallets are hardware devices that store your cryptos offline. Safety-wise, cold wallets are considered the best option - since they are always offline, you don’t need to worry about some sort of a hacker stealing all of your cryptocurrency assets.

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Ledger vs MetaMask: Price, Security & Features (36)

Ledger vs MetaMask: Price, Security & Features (37)

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Ledger vs MetaMask: Price, Security & Features (38)

Verified

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Rating

As an enthusiast deeply immersed in the cryptocurrency space, I bring a wealth of firsthand expertise and a profound understanding of the intricacies of blockchain technology and crypto assets. My commitment to staying informed about the latest developments in the crypto world positions me as a reliable source of information on topics ranging from NFTs and decentralized applications (dApps) to cryptocurrency exchanges and market dynamics.

Now, let's delve into the concepts used in the provided article:

  1. NFT Certificate Minting and Web3 Exam:

    • NFT (Non-Fungible Token): Digital assets that represent ownership of unique items or content using blockchain technology.
    • Web3: The next generation of the internet, characterized by decentralized protocols, blockchain, and peer-to-peer interactions.
  2. Cryptos Statistics:

    • Cryptos: Refers to cryptocurrencies; in this context, the total number of different cryptocurrencies available.
    • Exchanges: The number of platforms where users can trade cryptocurrencies.
    • Market Cap: The total value of all cryptocurrencies combined.
    • 24h Vol (24-hour Volume): The total value of cryptocurrencies traded in the last 24 hours.
    • Dominance: The percentage share of the total cryptocurrency market cap held by a specific cryptocurrency (BTC and ETH in this case).
    • Gas: The unit representing computational effort in the Ethereum network.
  3. Learn2Earn in a Metaverse:

    • Metaverse: A virtual reality space where users can interact with a computer-generated environment and other users.
  4. Crypto Education:

    • Crypto 101 Handbook: A comprehensive guide providing foundational knowledge about cryptocurrencies.
  5. Crypto Platforms:

    • Crypto Wallets: Tools for storing, sending, and receiving cryptocurrencies securely.
  6. Ledger vs. MetaMask Comparison:

    • Ledger Nano X: A hardware cryptocurrency wallet.
    • MetaMask: A software cryptocurrency wallet.
    • Overall Score: A numerical representation of the evaluation of each wallet's features and user reviews.
    • Pros and Cons: The advantages and disadvantages of each wallet.
    • Value for Money: A score reflecting the quality and advantages relative to the price.
    • Security Level: The overall security and safety of assets offered by each wallet.
    • Number of Supported Crypto: The quantity of different cryptocurrencies each wallet can support.
    • Customer Support: The quality and responsiveness of customer support for each wallet.
    • Connectivity: The methods used for managing and controlling each wallet.
    • Pricing: Information about the cost and any additional service fees associated with each wallet.
    • Company Info: Details about the companies behind each wallet, including their location and year of origin.
  7. MetaMask vs. Ledger Comparison Results:

    • Comparative analysis based on Value for Money, Security Level, Number of Supported Cryptos, and Customer Support.
    • Additional comparisons with other cryptocurrency wallets like Ledger Nano S Plus, Binance, and Coinbase.
  8. Process Behind Ledger vs. MetaMask Comparison:

    • Steps involved in conducting an accurate and fact-based comparison, including data gathering, measurement, scoring, and user choice.
  9. FAQ Section:

    • Addresses common questions related to choosing a cryptocurrency wallet, considering aspects like wallet type, experience level, and security.

By providing this detailed breakdown, I aim to empower individuals navigating the complex landscape of cryptocurrencies and assist them in making informed decisions.

Ledger vs MetaMask: Price, Security & Features (2024)

FAQs

Is MetaMask or Ledger safer? ›

After doing Ledger vs MetaMask comparison, it's evident that MetaMask has somewhat better security features than Ledger. The Number of Supported Crypto section can tell you just how many & which cryptocurrencies you can conveniently hold in a single cryptocurrency wallet at the same time.

Is Ledger 100% secure? ›

One of the leading names in cold hardware wallets is Ledger. The company maintains that its devices are completely safe and secure and have never been hacked. Ledger.

What is the advantage of connecting Ledger with MetaMask? ›

– Ledger provides enhanced security for MetaMask Mobile users navigating Web3. – You can now connect your Ledger Nano X with your MetaMask Mobile app via Bluetooth and import your Ledger accounts into your MetaMask account. Your Ledger Nano X will then be used to sign transactions from MetaMask.

What security features does Ledger have? ›

It's designed to withstand even the most advanced attacks and securely stores your private keys. To take security a step further, Ledger wallets also have their very own custom operating system, called BOLOS. It isolates apps from each other and provides an extra layer of protection against malicious attacks.

What is the disadvantage of MetaMask? ›

What are the disadvantages of MetaMask? MetaMask is a hot wallet. That means it's connected to the internet at all times, which increases the security risk for your crypto. Unless you're trading, it's best to store your keys in an offline wallet.

What is the safest crypto wallet? ›

8 best hot wallets
Crypto.com Defi Wallet4.8
Zengo4.8
Guarda4.6
Exodus4.5
Trust Wallet4.4
3 more rows
Mar 27, 2024

Has Ledger ever been hacked? ›

In December 2023, Ledger, a renowned crypto hardware wallet manufacturer, experienced a significant security breach. This hack not only raised concerns over the safety of digital assets but also sparked debates about the security practices of companies within the crypto space.

Is Ledger no longer secure? ›

Yes—your crypto is safe within the Ledger ecosystem: Ledger devices have never been hacked.

Can Ledger be hacked physically? ›

While hardware wallets like Ledger Nano S are considered one of the most secure ways to store cryptocurrencies, they are not completely immune to hacking. There have been instances of hackers finding vulnerabilities in hardware wallets and stealing cryptocurrencies.

Can I secure an existing MetaMask wallet with Ledger? ›

You cannot secure an existing MetaMask account with your Ledger device. If you wish to secure funds currently in a MetaMask account, you must create a new Ledger account through Ledger Live or connect an existing Ledger account to MetaMask.

Why is MetaMask the best wallet? ›

Top Non-Custodial Wallet Used By 30 Million Customers

MetaMask is one of the leading crypto wallets for non-custodial storage. Users retain complete control over their private keys and can access a backup phrase. While this is a user-friendly wallet, it only connects you to the Ethereum network.

How was Ledger hacked? ›

That's when an attacker injected malicious “drainer” code into Ledger's Connect Kit, a widely used software component maintained by the hardware wallet maker. For a few hours before it was patched, the malicious code snatched digital assets right out of wallets connected to services through Connect Kit.

What is the best digital wallet for crypto? ›

We'll look at both options here in an effort to help you find the best crypto wallet for your own situation.
  • Coinbase Wallet. Best for beginners. See at Coinbase. ...
  • Trezor Model T. Best security features. ...
  • Ledger Nano X. Good balance between accessibility and security. ...
  • Exodus. Best for desktop users. ...
  • Mycelium. Best for mobile users.
Apr 3, 2024

Can someone access my Ledger? ›

Your private keys on your Ledger device are safeguarded using a 24 word password called a Secret recovery phrase. This secret recovery phrase is like the master key to your private keys, and thus keeping it safe is imperative.

Does Ledger have access to my keys? ›

Ledger does not store your private keys, nor ever asks for it.

Is MetaMask completely safe? ›

Yes, MetaMask is considered safe for storing cryptocurrencies. It employs encryption and offers users control over their private keys, making it a secure option. However, users must still follow best security practices to protect their assets.

Is MetaMask actually safe? ›

Is MetaMask safe? Yes. MetaMask is one of the most trusted cryptocurrency wallets for the Ethereum blockchain.

Is MetaMask safe for long term? ›

MetaMask's Key Security Features

Founded in 2016 by ConsenSys, MetaMask has eight years of experience in safeguarding users' funds and over 30 million monthly users. For a self-custody wallet, it's a very safe option.

Can MetaMask get hacked? ›

Metamask is a secure wallet, but like any software, it's not immune to potential risks. However, if you follow best security practices such as using strong and unique passwords, enabling two-factor authentication, and keeping your device free from malware, the chances of being hacked are significantly reduced.

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