We compared six Ledger alternatives on features, fees and supported chains, and noted where each one falls short of Ledger.
No project pays to be listed. How we rank
The closest Ledger alternative is the Trezor Safe 5: it lists at $129 against $249 for the Ledger Flex, and its firmware is public on GitHub. Below are six hardware wallets compared on list price, supported chains, open-source code and how you sign.
Ledger is a hardware wallet maker (Ledger SAS) whose lineup includes the Nano, Flex and Stax, managed through the Ledger Wallet app, which covers 100+ chains. Keys stay on the device and transactions are signed on it. See the full Ledger profile →
In July 2020 Ledger's e-commerce and marketing database was breached and customer contact details were exposed. Funds were not taken from devices, but some owners prefer a maker without that history.
Ledger Recover (2023) is an opt-in paid option that stores encrypted shards of the recovery phrase with outside companies. If you want the phrase to stay only with you, compare devices whose makers do not run such a service.
The Ledger Wallet app is public on GitHub under MIT, but device firmware is not published there. The Ledger Flex lists at $249, and Trezor, Keystone and SafePal publish lower list prices.
| Name | Best for | Chains | Custody | Chains | US availability |
|---|---|---|---|---|---|
| Ledger ORIGINAL | Baseline | 100+ chains via Ledger Wallet | Self-custody | 100+ chains via Ledger Wallet | Yes |
| Trezor | Open firmware, lower price | Bitcoin, Ethereum, Solana and thousands of tokens | Self-custody | Not verified | Available: Trezor Shop ships US orders from US fulfillment centers |
| Keystone | Air-gapped QR signing | Bitcoin, Ethereum and 5,500+ assets | Self-custody | 5,500+ assets; 45+ software wallets | Available: terms restrict only sanctioned jurisdictions |
| SafePal | Lowest list price | Bitcoin, Ethereum, BNB Chain and many other networks | Self-custody | Not verified | Yes |
| Tangem | NFC cards, no cables | 90 blockchains | Self-custody | 90 blockchains, 14,100+ tokens | Yes |
| Arculus | Metal card in a wallet | 50+ blockchains | Self-custody | 10,000+ coins, 50+ blockchains | Yes |
| DCENT | Fingerprint sign-in | 100 mainnets | Self-custody | 100 mainnets, 10,000+ tokens | Yes |
“Not verified” means we have not yet checked the value against the project’s own documentation.
Trezor has sold hardware wallets since 2013 and publishes its firmware on GitHub, where Ledger publishes only the app. The Safe 5 lists at $129. Limitation: it connects to a phone or computer by USB-C cable.
Keystone signs over QR codes and has no USB data, Bluetooth, Wi-Fi or NFC. The 3 Pro lists at $149 and its firmware is on GitHub. Limitation: daily use runs through a third-party software wallet such as MetaMask.
SafePal sells the air-gapped S1 at $49.99, the Bluetooth X1 at $69.99 and the S1 Pro at $89.99. Its free app also works alone as a hot wallet. Limitation: prices exclude VAT and duty, and only the X1 is described as open source.
Tangem stores keys on NFC cards or a ring that you tap to a phone, with backup cards and no battery. Its site lists 90 blockchains and 14,100+ tokens. Limitation: the card has no screen to confirm transaction details, and it needs a phone with NFC.
Arculus is a metal card that pairs with the Arculus app; each transaction needs a 6-digit PIN and a tap of the card. It lists at $99 and supports 50+ blockchains. Limitation: the card has no screen and works only through the Arculus app.
DCENT from IoTrust offers a Biometric Wallet with fingerprint sign-in, plus the DCENT X and S. It lists 100 mainnets and 10,000+ tokens. Limitation: devices start at $230, close to the Flex, and swaps in the app route through third-party providers.
For open firmware at a lower price: Trezor Safe 5 ($129). For air-gapped signing: Keystone 3 Pro ($149). On a budget: SafePal S1 ($49.99).
If you want to leave Ledger because its device firmware is closed, Trezor is the direct swap: firmware on GitHub, the same desktop and mobile platforms, and a $129 Safe 5 against the $249 Flex. If you want no cable or radio link at all, Keystone signs over QR codes for $149.
If price matters most, the SafePal S1 lists at $49.99 before VAT and duty. Tangem and Arculus trade the screen for a card you tap to your phone, which is simpler but means you confirm details on the phone only.
Educational content, not financial advice. Crypto assets are volatile; do your own research.
For most people, Trezor: the Safe 5 lists at $129 against $249 for the Ledger Flex, it supports Windows, macOS, Linux, iOS and Android, and its firmware is on GitHub.
At list price, yes: the Trezor Safe 5 is $129 and the Ledger Flex is $249, both from the makers' shops checked Sep 26, 2026.
Trezor and Keystone publish their firmware on GitHub. Ledger publishes the Ledger Wallet app under MIT, but not the device firmware.
Most wallets import a standard 24-word phrase, but a fresh phrase on the new device is safer, especially if your contact details were in the July 2020 breach.
Yes. Keystone signs over QR codes, and Tangem and Arculus use NFC cards you tap to a phone. Arculus lists at $99.
Sources: Ledger: official site, Ledger: Ledger Flex in the shop, Trezor: Safe 5. Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.