| Feature | Hardware Wallet (ledger start) | Software Wallet |
|---|---|---|
| Security | High — private keys offline | Lower — keys often on device/connected network |
| Convenience | Medium — requires device for signing | High — instant access on phone/desktop |
| Cost | Paid device | Usually free |
| Recovery | Via seed phrase (keep secure) | Often cloud-based or seed phrase |
| Best for | Long-term storage of significant funds | Frequent trading/small amounts |