KeepKey Vs Ledger Nano S — Which of the two Better?

KeepKey Vs Ledger Nano S — Which of the two Better?

In today’s article, I will be comparing two elite wallets in the crypto-verse, Keepkey vs. Ledger Nano S.

I have previously reviewed both wallets, where I revealed all you need to know about them. I’ve studied their strengths and weaknesses, this is why I made this comparative article to help crypto investors in picking the right wallet for themselves.

The wallets will be compared based on their features and company reputation. Don’t worry, this won’t take long, as I made everything simple and clear.

Post Summary

Here is a list of what I’ll be covering today. Click on any of them to take you straight to the content.

  1. Keepkey In a Nutshell
  2. Ledger Nano S in a Nutshell
  3. Compared Features
  4. My Verdict
  5. Conclusion

Let’s get started!

Keepkey In a Nutshell

KeepKey is a hardware wallet that was launched in 2015 by Darin Stanfield, a US-based company. It was later acquired by ShapeShift in 2017.

The wallet allows you to directly swap coins from the device via the Shapeshift App installed in it.

Ledger Nano S In a Nutshell

The Ledger Nano S was created by a French company called Ledger. It commenced operations in 2014, through the fusion of ideas between 8 experts with extensive knowledge of security and Cryptocurrencies.

Ledger, since its launch in 2014 has been committed to providing secure technology for Cryptocurrencies via its unique technology called BOLOS. The company’s track record has been commendable, hence the reason for the success and popularity they have garnered so far.

Now, let’s go on to compare both wallets’ basic features.

Compared Features- Keepkey Vs Ledger Nano S

Nano S

Cost: $59

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KeepKey

Cost: $49

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We shall be comparing them based on the following;

  • Price
  • Security
  • Supported coins
  • Size and design
  • Screen
  • Setup
  • Software compatibility

Price

The first thing on every rational buyer’s mind is the price of a product. Therefore, it is only logical that we start this comparative analysis from the price category.

Keepkey recently Reduced its price to $49 in a bid to attract more buyers, making it one of the cheapest hardware wallets so far.

While the Nano S is sold at $59. That’s a $10 difference, in this category, the Keepkey will be the preferred option if you are running a strict budget.

Security

Both wallets come with similar security features. However, the difference lies in the fact that the Keepkey is basically a small computer while the Nano S uses a dual-chip architecture.

The hardware wallets can be safely used on any computer, as they are both fully immune to virus and malware attacks.

Supported Coins

The essence of acquiring any wallet in the first place is to store your cryptocurrencies. So, the number of coins supported by any given wallet is a vital factor in choosing which one is ideal for you.

Keepkey Coin Support

The Keepkey currently supports up to 40 digital assets including 46 ERC20 tokens. Below is a list of the major coins supported.

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • DASH (DASH)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Namecoin (NMC)
  • Dogecoin (DOGE) etc…..

The device does not support Ripple, which has grown to be a highly sort after coin in the crypto-verse

Ledger Nano S Coin Support

Nano S currently supports 1000+ digital assets including Ripple and ERC20 tokens, that’s way more than that of the Keepkey.

  • Bitcoin (BTC)
  • Bitcoin cash (BCH)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Dogecoin (DOGE)
  • Litecoin (LTC)
  • Dash (DASH)
  • Ripple (XRP)
  • Zcash (ZEC) etc….

Size And Design

You can argue that a hardware wallet’s outward appearance doesn’t matter, all that matters is its security. However, moving around with an iPhone 4s, for example, is far more convenient than moving around with a brick in your pocket.

The Ledger device is smaller than the KeepKey. if you’d like a more portable device the Nano S wins in this category.

Furthermore, the KeepKey device is beautifully designed with an aluminium glass and has just one physical button. The Nano S is made of aluminium and has two physical buttons by the side.

If you are a fan of ‘style’, you should go for the KeepKey.

The Nano S is available in 5 different colours giving you varieties to choose from, (Matte Black, Saffron Yellow, Lagoon Blue, Flamingo Pink, and Jade Green). While the Keepkey is only available in one colour (Classic)

However, I think security is all that matters.

Screen

Anyone who uses a hardware wallet will confirm that the screen is a vital component of the device. It displays sensitive information like backup seeds, PIN codes, and private keys.

The most quality hardware wallets come with built-in display screens, and that includes our beloved KeepKey and Nano S.

The Nano S has an OLED screen that gives its users full control over their transactions, KeepKey, on the other hand, comes with a larger touchscreen that looks clearer and displays more data. I will pick the Keepkey screen over the Nano S even though it makes the device bulkier.

Keepkey Screen

Ledger Nano S Screen

Setup

Setting up both devices is quite easy and won’t last you up to 5mins. You will need to connect them to a computer, set your PIN, and write down your recovery seed.

Read my reviews on both wallets, I gave a step by step guide on how to set up your wallets.`

Software Compatibility

Software’s are essential to all hardware wallets, it is impossible to use a hardware wallet independently without software as they serve to interact and command the wallet. I shall list the most prominent wallet software below and their compatibility with our contesting hardware wallets.

[table id=35 /]

My Verdict- Keepkey Vs Ledger Nano S

The Keepkey is more affordable than the Ledger Nano S. However, there are other factors to be considered when buying a hardware wallet. It all depends on what will suit you, the user. You have to ask yourself questions like;

  • What cryptocurrencies will I be storing on the device?
  • How often will I be using the device?
  • How reliable is the wallet company?

As of January 2018, Ledger recorded its 1millionth sale of the Nano S achieved in just 2years. With this number of users around the world, the Nano S looks to have served very well thereby enhancing its reputation.

Conclusion

I found it fun reviewing these two wallets after my experience with them. They are both reliable wallets and will guarantee you top-notch security. You need to buy one to have a feel for yourself.

That’s it, everyone. I hope I was able to quench your curiosity here today?

Leave your comments or questions in the comments section below. If you enjoyed reading this review, please do well to share the words by hitting your favourite social media icon below.

Buy Keepkey

Buy Ledger Nano S

Also, read;

Originally published at https://www.nigeriabitcoincommunity.com on December 5, 2019.

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KeepKey Vs Ledger Nano S — Which of the two Better? was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.

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