KeepKey Vs Ledger Nano S — Which Is Better?

KeepKey Vs Ledger Nano S

Both the KeepKey and Ledger Nano S hardware wallets were released to provide an alternative to the TREZOR wallet, which for over 2 years was the only available Bitcoin hardware wallet on the market. They have since provided a healthy competition for the TREZOR; the result has been reduced prices, more features and coin support. However, users are frequently faced with the challenge of choosing the right hardware wallet.

Today, we shall lay both wallets side by side and rigorously compare them using several basic criteria’s. Our criteria’s for choosing the better wallet between KeepKey vs Ledger Nano S will be as follows.

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

Let’s get down to business.

SUPPORTED COINS – KeepKey vs Ledger Nano S

The Ledger Nano S was produced by Ledger, the company has been around since 2014, a while longer than KeepKey which was launched in 2015.  Ledger started out with the Ledger Nano and then went on to produce other products which include the Nano S which comes as an upgrade to the Ledger Nano. You can click here to read my review of the ledger Nano S

KeepKey, on the other hand, has created a sturdy hardware wallet based on the TREZOR firmware and is currently one of the newest hardware wallets to hit the market. Click here to read my review of the Keepkey hardware wallet.

Coins supported by Ledger Nano S

The following coins are supported by the Ledger Nano S hardware wallet, (at the time this article was written.)

  • Bitcoin (BTC)
  • Bitcoin gold (BTG)
  • Bitcoin cash (BCH)
  • Ethereum (ETH)
  • Ethereum classic (ETC)
  • Ethereum Erc-20 Tokens
  • Dogecoin (DOGE)
  • Litecoin (LTC)
  • Dash (DASH)
  • Ripple (XRP)
  • Zcash (ZEC)
  • Stratis (STRAT)
  • Ark (ARK)
  • Komodo (KMD)
  • Vertcoin (VTC)
  • Ubiq (UBQ)
  • Expanse (EXP)
  • Stealthcoin (XST)
  • Neo (NEO)
  • Viacoin (VIA)
  • Digibyte (DGB)
  • Hcash (HSR)
  • Stellar (XLM)
  • Pivx (PIVX)
  • Qtum (QTUM)

Total… 25 + Ethereum based Tokens

Coins supported by KeepKey

The following coins are supported by KeepKey hardware wallet, (at the time this article was written.)

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • DASH (DASH)
  • Ethereum (ETH)
  • Ethereum classic (ETC)
  • Namecoin (NMC)
  • Dogecoin (DOGE)

Total… 7

Verdict = landslide victory in the currency department for Ledger Nano S

Current score = KeepKey vs Ledger Nano S (0-1)

 

PRICE

The Ledger Nano S is currently selling at $94 (N33,778 Naira) while the KeepKey is selling at $129 (N46,504 Naira). From the prices above, we can clearly see that a Ledger Nano S hardware wallet is more affordable than the KeepKey hardware wallet.

Furthermore, the ledger Nano S has a duo edition where you can buy two at a discounted price in case one gets stolen, lost or damaged.

Verdict = Ledger Nano S is more affordable.

Currenct score = KeepKey vs Ledger Nano S (0-2)

 

SIZE AND DESIGN

The Nano S is about three times smaller than a KeepKey device, and this makes it more portable.

Keepkey Vs Ledger Nano S

Physically, the KeepKey has 1 button as opposed to the Nano S which has 2.

The KeepKey device’s screen is larger than the Nano S, this is advantageous in the fact that, the process of recovering a KeepKey device is more secure than a Nano S since it can be done using a cipher, leaking fewer data in the process.

Both the KeepKey and Ledger Nano S device components are made from aluminium. However, the KeepKey is available in 2 colours black and anodized aluminium while the Nano S is available in 3 colours: white, grey and black.

Portability – Nano S

Design – KeepKey

Recovery safety – Keepkey

Available colour options – Nano S

Verdict = Tie

Current score = Keepkey vs Ledger Nano S (0-2)

 

SCREEN

A majority of hardware wallet users agree that a screen is a vital component to any hardware wallet; it ensures sensitive information’s like backup seeds, PIN codes and private keys are not leaked out to third-party devices or malware. To this effect, 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 screen that looks clearer than that of the Nano S, However, it adds to the device’s weight.

But who cares about a little extra weight?

Verdict = Keepkey wins

Current score = KeepKey vs Ledger Nano S (1-2)

 

SETUP

Both hardware wallets (Nano S and KeepKey) have similar setup processes, they are easy to set-up and both require the creation of a PIN code and backup seed. Furthermore, they both need to be connected to a PC during set up.

Verdict = Tie

Currenct score = KeepKey vs Ledger Nano S (1-2)

 

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

Verdict = Tie

Current score = KeepKey vs Ledger Nano S (1-2)

 

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’s below and their compatibility with our contesting hardware wallets.

WALLET SOFTWAREKEEPKEYLEDGER NANO S
MYCELIUMYESYES
ELECTRUMYESYES
GREEN ADDRESSYESYES
GREEN BITSYESYES
MULTIBIT HDYESNO
COPAYNOYES
KEEPKEY CHROMEYESNO
LEDGER CHROMENOYES
6/86/8

Verdict = Tie

FINAL score!! = KeepKey vs Ledger Nano S (1-2)

 

CONCLUSION

The Ledger Nano S is more affordable than the Keepkey. However, there are other aspects you should look at also, the Keepkey has a single button which makes it easier to transact with it.

Furthermore, if you move a lot and will like something portable to carry around with you, I suggest you go with the Ledger Nano S; it is also a perfect fit for those in love with durability.

If you love a little bit of style, I’ll advise you get the KeepKey, it has a larger screen and its design is far sleeker than the Nano S. both wallets are far safer than traditional custodial wallets and exchanges, it’s best you get one for yourself.

However, the Ledger Nano S has ended this competition with a 2-1 lead over the KeepKey hardware wallet. Keep that in mind.

Buy Keepkey

Buy Ledger Nano S

 

Also read;

KeepKey vs Trezor Review 2018 – Which Is Better Bitcoin Hardware Wallet?

Trezor vs Ledger Nano S — What You Need To Know

 

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