Skip to content
Crypto WalletsTested25 MAY 26
Ledger

Ledger Review

Hardware wallet for self-custody, broad chain support

Affiliate link · doesn't affect score · independent methodology

At a glance

Ledger sells hardware wallets that store private keys offline on a Secure Element chip — the industry baseline for self-custody since 2014. Supports 5,500+ assets via Ledger Live with built-in buy/sell, swap, and staking. Recover key feature drew controversy in 2023; remains opt-in.

Best for

Users holding > $5k in crypto who want offline private-key storage with broad chain support and a polished companion app.

Skip if

You're holding < $1k and don't mind keeping keys on a phone wallet — the $79+ device cost outweighs the security premium at small balances.

Quick stats

Wallet type
hardware
Custody
self
Supported chains
100+
Supported assets
5,500+
Open source
No
Built-in swap
Yes
NFT support
Yes
Hardware price
$79

Skrumble scoring breakdown

Security (40% weight)4.6/5
Chain & Asset Support (20% weight)4.9/5
Ease of Use (20% weight)4.0/5
Pricing (10% weight)4.0/5
Trust & Transparency (10% weight)3.4/5

Read our full scoring methodology.

Pros

  • Secure Element chip — military-grade key isolation
  • 5,500+ supported assets across 100+ chains
  • Ledger Live: built-in buy/sell/swap/stake without third-party apps

Cons

  • Closed-source firmware (Secure Element vendor NDA)
  • Ledger Recover service caused 2023 trust crisis (opt-in but optics damaged)
  • Bluetooth pairing on Nano X adds attack surface vs USB-only

More in this category