Coinomi vs Ledger Nano S Wallet Comparison: A Comprehensive Analysis
In the ever-evolving world of cryptocurrency, security is a monumental concern. Choosing the right wallet is crucial for ensuring maximum protection and straightforward management of digital assets. In this respect, two contenders stand prominent - Coinomi and Ledger Nano S. This article provides a comprehensive analysis, attempting to draw a comparison on multiple criteria between these two popular wallet choices. For seasoned investors and beginners alike, step into an enlightening discussion about features, security measures, ease of use, and much more.
| Company |
|
|
| User rating |
User rating
3.7 / 5
35 user review
|
User rating
4 / 5
4 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
4.2 / 5
|
| Trust Score
How it works
|
Trust Score
4.49 / 5
|
Trust Score
4.57 / 5
|
About
|
Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.
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Ledger Nano S Wallet is a hardware wallet, a flagship product of the Ledger company, that has been in the industry since 2014. More than 1.5 mln units were sold across the world.
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Founding Date
Country
Languages
|
English, German, French, Spanish, Russian, Chinese
|
English, Japanese, French, Spanish, Korean, Chinese, Romanian
|
Wallet type
|
Software wallet
|
Hardware wallet
|
Storage type
Private keys
Available coins
|
67
- Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), Verge (XVG), Bitcoin Gold (BTG), Zcash (ZEC), Dogecoin (DOGE), Decred (DCR), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), DigiByte (DGB), aelf (ELF), PIVX (PIVX), MonaCoin (MONA), Syscoin (SYS), ReddCoin (RDD), Power Ledger (POWR), Zcoin (XZC), Dentacoin (DCN), Horizen (ZEN), Iconomi (ICN), SmartCash (SMART), POA Network (POA), Nexus (NXS), Achain (ACT), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Time New Bank (TNB), Enjin Coin (ENJ), NavCoin (NAV), Ripio Credit Network (RCN), Einsteinium (EMC2), Groestlcoin (GRS), Peercoin (PPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), BitTorrent (BTT), NXM (NXM), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Quant (QNT), DxChain Token (DX)
|
66
- Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), Qtum (QTUM), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Wanchain (WAN), Dogecoin (DOGE), Bitcoin Private (BTCP), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Komodo (KMD), Aion (AION), DigiByte (DGB), Ark (ARK), PIVX (PIVX), Factom (FCT), Elastos (ELA), Zcoin (XZC), Particl (PART), Kin (KIN), Horizen (ZEN), POA Network (POA), GameCredits (GAME), Vertcoin (VTC), Ubiq (UBQ), High Performance Blockchain (HPB), Quantum Resistant Ledger (QRL), Groestlcoin (GRS), Peercoin (PPC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), Crypto.com Coin (CRO), Binance USD (BUSD), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Celo (CELO), Energy Web Token (EWT), Hedera Hashgraph (HBAR), Solana (SOL), TomoChain (TOMO)
|
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
Hierarchical Deterministic, Multi-Signature, Open Source, Biometric Authentication
|
No data
|
| About |
Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.
|
Ledger Nano S Wallet is a hardware wallet, a flagship product of the Ledger company, that has been in the industry since 2014. More than 1.5 mln units were sold across the world.
|
| Founding Date |
Founding Date
2014
|
Founding Date
2019
|
| Country |
Country
International
|
Country
France
|
| Languages |
Languages
English, German, French, Spanish, Russian, Chinese
|
Languages
English, Japanese, French, Spanish, Korean, Chinese, Romanian
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
Hardware wallet
|
| Storage type |
Storage type
Cold wallet
|
Storage type
Cold wallet
|
| Private keys |
Private keys
Available
|
Private keys
Available
|
| Available coins |
Available coins
67
- Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), Verge (XVG), Bitcoin Gold (BTG), Zcash (ZEC), Dogecoin (DOGE), Decred (DCR), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), DigiByte (DGB), aelf (ELF), PIVX (PIVX), MonaCoin (MONA), Syscoin (SYS), ReddCoin (RDD), Power Ledger (POWR), Zcoin (XZC), Dentacoin (DCN), Horizen (ZEN), Iconomi (ICN), SmartCash (SMART), POA Network (POA), Nexus (NXS), Achain (ACT), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Time New Bank (TNB), Enjin Coin (ENJ), NavCoin (NAV), Ripio Credit Network (RCN), Einsteinium (EMC2), Groestlcoin (GRS), Peercoin (PPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), BitTorrent (BTT), NXM (NXM), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Quant (QNT), DxChain Token (DX)
|
Available coins
66
- Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), Qtum (QTUM), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Wanchain (WAN), Dogecoin (DOGE), Bitcoin Private (BTCP), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Komodo (KMD), Aion (AION), DigiByte (DGB), Ark (ARK), PIVX (PIVX), Factom (FCT), Elastos (ELA), Zcoin (XZC), Particl (PART), Kin (KIN), Horizen (ZEN), POA Network (POA), GameCredits (GAME), Vertcoin (VTC), Ubiq (UBQ), High Performance Blockchain (HPB), Quantum Resistant Ledger (QRL), Groestlcoin (GRS), Peercoin (PPC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), Crypto.com Coin (CRO), Binance USD (BUSD), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Celo (CELO), Energy Web Token (EWT), Hedera Hashgraph (HBAR), Solana (SOL), TomoChain (TOMO)
|
| Security |
Security
Personal
|
Security
No data
|
| Anonymity |
Anonymity
Medium
|
Anonymity
No data
|
| Ease of use |
Ease of use
Easy
|
Ease of use
No data
|
| Has attached card |
Has attached card
no
|
Has attached card
No data
|
| Has trading facilities |
Has trading facilities
No data
|
Has trading facilities
No data
|
| Has vouchers and offers |
Has vouchers and offers
No data
|
Has vouchers and offers
No data
|
| Features |
Features
Hierarchical Deterministic, Multi-Signature, Open Source, Biometric Authentication
|
Features
No data
|
Social
Website
Twitter
Advantages
|
- Private keys stored on users’ mobile devices
- Integration with ShapeShift and Changelly exchanges for crypto trading
- Does not charge any fees
- 24/7 Support
|
- Security and safety
- The possibility to verify and sign payments
- Variety of assets
|
Disadvantages
|
- Technical Support does not solve the issues quickly
- No updated versions of open source
|
- Ledger is a paid product
- Can be difficult for beginners
|
Rating
| User rating |
User rating
3.7 / 5
35 user review
|
User rating
4 / 5
4 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
4.2 / 5
|
| Advantages |
Advantages
- Private keys stored on users’ mobile devices
- Integration with ShapeShift and Changelly exchanges for crypto trading
- Does not charge any fees
- 24/7 Support
|
Advantages
- Security and safety
- The possibility to verify and sign payments
- Variety of assets
|
| Disadvantages |
Disadvantages
- Technical Support does not solve the issues quickly
- No updated versions of open source
|
Disadvantages
- Ledger is a paid product
- Can be difficult for beginners
|
Coinomi user rating is 3.7, based on 35 user reviews. Ledger Nano S Wallet user rating is 4, based on 4 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
Choose other companies
In light of the detailed comparison and analysis, Coinomi and Ledger Nano S have manifested their unique strengths and potential weaknesses. Both wallets have designed their parameters to cater to different user needs, making the final choice subjective to personal preferences, security demands, and operation comforts. Hence, in choosing the right wallet, an in-depth understanding of one's requirements is paramount. We hope this explorative comparison has provided insightful inputs in making an informed decision about the most suitable digital wallet for managing your crypto investments.
In the ever-evolving world of cryptocurrency, security is a monumental concern. Choosing the right wallet is crucial for ensuring maximum protection and straightforward management of digital assets. In this respect, two contenders stand prominent - Coinomi and Ledger Nano S. This article provides a comprehensive analysis, attempting to draw a comparison on multiple criteria between these two popular wallet choices. For seasoned investors and beginners alike, step into an enlightening discussion about features, security measures, ease of use, and much more.
