Ledger scores 19 points above CoolWallet, led by secure element, genuine check, and fund-loss record. Ledger ranks #12 and CoolWallet #21 of 23 published hardware wallets. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
Ledger63
vs
COCoolWallet44
Scores are out of 100; published scores fall within 41–99 · ranks #12 and #21 of 23
Ledger scores 19 points above CoolWallet, led by secure element, genuine check, and fund-loss record.
Ledger #12 of 2363
COCoolWallet #21 of 2344
Scores are out of 100; published scores fall within 41–99; a bar is empty at 41 and full at 99.
Why, term by termLedger leads on 4 of 6 published criteria; CoolWallet on 0. The terms sum to the gap.
TermLedgerCoolWalletWeightPoints
Secure element10/103/106.5+11.8for Ledger+6.0 of 32
Genuine check7/102/102.9+3.7for Ledger+1.9 of 32
Fund-loss record8/105/102.6+2.1for Ledger+1.1 of 32
Maker independence6/104/102.6+1.4for Ledger+0.7 of 32
Net of the terms+19.0
Reproduced gap+19.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
LedgerScore 63Certified chip you can look up, closed operating system — $69, USB-C onlyStrength: Secure element you can look up — 10/10Watch-out: Installing or updating a signing app needs Ledger's live HSM servers (developer sideloading of an app you compile yourself aside), so a new or reset Nano S Plus cannot be readied to sign the normal way without the makerCoolWalletScore 44Two NFC cards at $69 — no screen, signed through the CoolWallet appStrength: Years in buyers' hands without a device-level fund loss — 5/10Watch-out: The Go has no screen, so you confirm transactions on your phone, not on the device
Quick facts
At a glance
2 of 5 rows read the same for both.
FactLedgerCoolWallet
One-time priceSnapshotLedger Nano S Plus: the Offer on https://shop.ledger.com/products/ledger-nano-s-plus reads "price":"69","priceCurrency":"USD", read 1 October 2026. The same page shows a visitor in Germany "€59" (read 28 October 2026).CoolWallet Go (2 Cards Set) at $69.00 on https://www.coolwallet.io/products/coolwallet-go, read 1 October 2026.
Asset coverageEditorial——
Region fitSnapshotus, europe, globalglobal
Custody modelEditorialSelf-custody: the keys stay on the deviceSelf-custody: the keys stay on the device
Security postureSnapshotSecure element, EAL6+ certified; partly open source; no air-gapped signing.Secure element, no listed certificate; partly open source; no air-gapped signing.
From the published criteria
Which should you pick?
Ledger
63#12 of 23
Leads
Pick it when
Pick Ledger if secure element matters most — it scores 10/10 to CoolWallet's 3/10 there (weight 27).
Strength
Secure element you can look up — 10/10
Tradeoff
Installing or updating a signing app needs Ledger's live HSM servers (developer sideloading of an app you compile yourself aside), so a new or reset Nano S Plus cannot be readied to sign the normal way without the maker
CO
CoolWallet
44#21 of 23
Pick it when
CoolWallet leads Ledger on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.
Strength
Years in buyers' hands without a device-level fund loss — 5/10
Tradeoff
The Go has no screen, so you confirm transactions on your phone, not on the device
Self-identify in 10 seconds
Which one is actually for you?
LedgerLeads
Choose Ledger if secure element matters most
Secure element: 10/10 against 3/10 for CoolWallet (weight 27)
Genuine check: 7/10 against 2/10 for CoolWallet (weight 12)
Maker independence: 6/10 against 4/10 for CoolWallet (weight 11)
LedgerScore 63Certified chip you can look up, closed operating system — $69, USB-C onlyStrength: Secure element you can look up — 10/10Watch-out: Installing or updating a signing app needs Ledger's live HSM servers (developer sideloading of an app you compile yourself aside), so a new or reset Nano S Plus cannot be readied to sign the normal way without the maker
COCoolWallet
CoolWallet leads Ledger on no published criterion
Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
CoolWalletScore 44Two NFC cards at $69 — no screen, signed through the CoolWallet appStrength: Years in buyers' hands without a device-level fund loss — 5/10Watch-out: The Go has no screen, so you confirm transactions on your phone, not on the device
Criterion by criterion
Scorecard
Published criteria · weight in points of 8612 of 12 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology
Secure element
by 7 of 10weight 6.5 of 86Ledger leads
Ledger10/10 out of 10
CoolWallet3/10 out of 10
Rebuildable firmware
weight 6.5 of 86Tie
Ledger4/10 out of 10
CoolWallet4/10 out of 10
Genuine check
by 5 of 10weight 2.9 of 86Ledger leads
Ledger7/10 out of 10
CoolWallet2/10 out of 10
Checkable keys
weight 2.9 of 86Tie
Ledger0/10 out of 10
CoolWallet0/10 out of 10
Maker independence
by 2 of 10weight 2.6 of 86Ledger leads
Ledger6/10 out of 10
CoolWallet4/10 out of 10
Fund-loss record
by 3 of 10weight 2.6 of 86Ledger leads
Ledger8/10 out of 10
CoolWallet5/10 out of 10
Score dimensions
weights sum to 86
The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.
Availabilityweight 20 of 86 · constant here
Ledger14/20CoolWallet14/20
Tie
Published criteriaweight 30 of 86
Ledger14.8/30CoolWallet7.5/30
Ledger leads
Frictionweight 10 of 86 · constant here
Ledger2.7/10CoolWallet2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Ledger3.2/8CoolWallet3.2/8
Tie
Measured dataweight 18 of 86 · constant here
Ledger5.5/18CoolWallet5.5/18
Tie
Decision rulePublished order
Choose Ledger unless the term CoolWallet leads on is the one you are buying.
CoolWallet leads Ledger on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.
The published order weighs every criterion the same way for everyone. To weigh them your way, run .
From the published order
Next best action
If this isn't your case
Other matchups worth comparing
How you can lose money here, and what the ranking scores
Key failure: your own keys are made, shown or recovered unsafely.
Scored by Secure element you can look up · 27% (Ledger 10/10, CoolWallet 3/10)
Scored by Firmware anyone can rebuild and match · 27% (Ledger 4/10, CoolWallet 4/10)
Scored by Proof the device is genuine and unmodified · 12% (Ledger 7/10, CoolWallet 2/10)
Scored by Key creation and signing you can check · 12% (Ledger 0/10, CoolWallet 0/10)
Scored by Sign and recover without the maker · 11% (Ledger 6/10, CoolWallet 4/10)
Scored by Years in buyers' hands without a device-level fund loss · 11% (Ledger 8/10, CoolWallet 5/10)
Every failure family that applies to this category is scored, except Information failure, which the provider pages show as a fact.
Questions
Frequently asked questions
Ledger scores 19 points above CoolWallet, led by secure element, genuine check, and fund-loss record. Published scores, out of 100: Ledger 63 (rank 12 of 23 hardware wallets), CoolWallet 44 (rank 21 of 23).
Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
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