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Finding the best security setup for xmr with ledger

Users Clash Over Ledger and XMR Wallet Security | New Insights Emerge

By

Marcus Wong

Mar 1, 2026, 11:23 PM

Edited By

James O’Reilly

Updated

Mar 2, 2026, 01:49 PM

Brief read

A Ledger Nano S wallet displaying Monero XMR on the screen, set on a desk with security symbols around it

A heated online discussion highlights the divide among people regarding the security of using the Ledger Nano S with XMR wallets. As tensions rise, conflicting views emerge on the balance between safety and convenience.

Mistrust in Ledger

As the debate rages on, skepticism towards the Ledger Nano S deepens. Some voices echo concerns about its security, with one person stating, "Ledger, king of customer dataleaks." Critics stress the risks associated with relying on a closed-source device, driving many to seek alternatives. A commentator suggested, "Trezor is the only real option now as Ledger is able to extract your seed along with it being closed source."

Wallet Options Gaining Ground

Discussions also spotlight a few wallet alternatives that users recommend for better security:

  • Feather: Still a favorite for seamless integration with Ledger.

  • Cake Wallet: Continues to be praised for its open-source nature and user-friendly features, affirming that it allows for secure transactions, even from an old phone that scans QR codes.

  • Trezor: Now mentioned frequently as a viable substitute amidst growing doubts about Ledger.

"Cake wallet for me was very easy to integrate with my hardware wallet and is open source!"

Shifting Sentiments in the Community

The overall sentiment appears negative. While some defend Ledger, their voices grow quieter compared to the solid push for transparency in wallet alternatives. Users increasingly favor open-source wallets, responding to worries over customer seed extraction.

Key Takeaways

  • 🔒 Users express growing mistrust in Ledger, calling for alternatives.

  • ✅ Trezor emerges strongly as a recommended option for security.

  • 💡 Many are exploring using old phones to interact with Cake Wallet safely.

As the landscape of wallet security evolves, the shift towards prioritizing trustworthiness over brand loyalty appears inevitable. Will Ledger’s reputation be able to withstand this tide of criticism? It's a question only time will answer.