Ledger vs Blockstream Jade — Head-to-Head Custody Comparison

An independent, data-driven comparison of Ledger and Blockstream Jade across security, insurance, fees, regulatory compliance, and more.

Verdict

Quick Verdict

Ledger scores 6.1 vs Blockstream Jade's 5.4. Ledger leads in 3 of 8 categories.

Ledger is better suited for Individual holders, Long-term HODLers, Privacy-focused users. Blockstream Jade is better suited for Budget-conscious Bitcoiners, Blockstream ecosystem users, Liquid Network users.

6.1

FairCustody Score

Ledger

5.4

Below AverageCustody Score

Blockstream Jade

Scores

Score Comparison

Weighted scores across all 8 custody criteria.

Criterion	Weight	Ledger	Blockstream Jade	Winner
Security	20%	9.0	8.0	Ledger
Insurance	15%	1.0	1.0	Tie
Regulatory	15%	2.0	1.0	Ledger
Fee Transparency	10%	9.5	9.5	Tie
Track Record	15%	8.5	6.5	Ledger
Withdrawal Flexibility	10%	9.5	9.5	Tie
Reporting & Audit	10%	2.0	2.0	Tie
Counterparty Diversification	5%	9.0	9.0	Tie
Overall Score	100%	6.1	5.4	Ledger

Visual

Score Radar

Visual overlay of Ledger and Blockstream Jade across all categories.

LedgerBlockstream Jade

Deep Dive

Category-by-Category Analysis

A deeper look at how each provider performs in every scoring criterion.

Security (9.0 vs 8.0)

Ledger uses Secure element hardware wallet key management with 100% in cold storage and regular penetration testing. Compliance: ANSSI certified. Incident history: 2020 customer database leak (not keys). No key compromises..

Blockstream Jade uses Virtual secure element hardware wallet key management with 100% in cold storage and regular penetration testing. Compliance: Open-source audited. Incident history: No known compromises.

Insurance (1.0 vs 1.0)

Ledger offers None — self-custody hardware via N/A. Hardware wallet. Users are fully responsible for their own security and backup.

Blockstream Jade offers None — self-custody hardware via N/A. Hardware wallet. Full user responsibility.

Regulatory (2.0 vs 1.0)

Ledger holds N/A — hardware manufacturer and is not a qualified custodian operating in France (EU). Consumer electronics company. ANSSI certified secure element.

Blockstream Jade holds N/A — hardware manufacturer and is not a qualified custodian operating in Canada. Blockstream Corporation — major Bitcoin infrastructure company.

Fee Transparency (9.5 vs 9.5)

Ledger charges None in annual custody fees with Network fees only per transaction. One-time device cost. No ongoing fees. Free Ledger Live software.

Blockstream Jade charges None in annual custody fees with Network fees only per transaction. Most affordable quality hardware wallet. Blockstream Green integration.

Track Record (8.5 vs 6.5)

Ledger was founded in 2014 and is headquartered in Paris, France. AUM: N/A (hardware manufacturer). Incident history: 2020 customer database leak (not keys). No key compromises..

Blockstream Jade was founded in 2021 and is headquartered in Victoria, BC, Canada. AUM: N/A (hardware manufacturer). Incident history: No known compromises.

Withdrawal Flexibility (9.5 vs 9.5)

Ledger withdrawal fees: Network fees only. Minimum account: ~$79 (Nano S Plus) / ~$149 (Nano X). Supported assets: Bitcoin, Ethereum, 5,500+ cryptocurrencies.

Blockstream Jade withdrawal fees: Network fees only. Minimum account: ~$65 (Jade Plus). Supported assets: Bitcoin, Liquid Network assets.

Reporting & Audit (2.0 vs 2.0)

Ledger: SOC compliance is ANSSI certified. Not classified as a qualified custodian.

Blockstream Jade: SOC compliance is Open-source audited. Not classified as a qualified custodian.

Counterparty Diversification (9.0 vs 9.0)

Ledger is a cold storage / hardware provider. Key management: Hardware wallet with secure element chip. Keys never leave the device. Companion app Ledger Live for management..

Blockstream Jade is a cold storage / hardware provider. Key management: Open-source hardware wallet with virtual secure element and camera for air-gapped QR signing..

Fees

Fee Comparison

Side-by-side fee breakdown for Ledger and Blockstream Jade.

Fee Type	Ledger	Blockstream Jade
Setup Fee	$79-$149 (device purchase)	$65 (device purchase)
Annual Custody	None	None
Transaction	Network fees only	Network fees only
Withdrawal	Network fees only	Network fees only

Ledger: One-time device cost. No ongoing fees. Free Ledger Live software.

Blockstream Jade: Most affordable quality hardware wallet. Blockstream Green integration.

Features

Feature Comparison

Checklist of features across both providers.

Feature	Ledger	Blockstream Jade
5,500+ asset support	✓	✗
Affordable	✗	✓
Blockstream Green integration	✗	✓
Bluetooth (Nano X)	✓	✗
Camera for air-gapped QR signing	✗	✓
Ledger Live management app	✓	✗
Liquid Network support	✗	✓
NFT management	✓	✗
Open-source	✗	✓
Secure element chip	✓	✗
Staking support	✓	✗
Virtual secure element	✗	✓

Recommendation

Who Should Choose Which?

Ledger is better if you…

✓Are a individual holders
✓Are a long-term hodlers
✓Are a privacy-focused users
✓Are a beginners to self-custody
✓Want: World's most popular hardware wallet
✓Want: Secure element chip — bank-grade security
✓Want: 5,500+ supported assets

Blockstream Jade is better if you…

✓Are a budget-conscious bitcoiners
✓Are a blockstream ecosystem users
✓Are a liquid network users
✓Are a open-source advocates
✓Want: Most affordable quality hardware wallet
✓Want: Blockstream backing and ecosystem
✓Want: Air-gapped QR signing with camera

FAQ

Frequently Asked Questions

Is Ledger or Blockstream Jade better for Bitcoin custody?

Ledger scores 6.1 vs 5.4 in our weighted Custody Score. Ledger leads in 3 of 8 scoring categories. However, the best choice depends on your specific needs: Ledger is best for Individual holders and Long-term HODLers, while Blockstream Jade suits Budget-conscious Bitcoiners and Blockstream ecosystem users.

What is the difference between Ledger and Blockstream Jade?

Ledger is a cold storage / hardware provider, while Blockstream Jade is a cold storage / hardware provider. Ledger excels in Fee Transparency, whereas Blockstream Jade is strongest in Fee Transparency.

How do Ledger and Blockstream Jade fees compare?

Ledger charges None annual custody fees with Network fees only transaction fees. Blockstream Jade charges None annual custody fees with Network fees only transaction fees.

Which is more secure, Ledger or Blockstream Jade?

Ledger scores 9.0/10 for security while Blockstream Jade scores 8.0/10. Ledger uses Secure element hardware wallet key management, and Blockstream Jade uses Virtual secure element hardware wallet.