Software Alternatives, Accelerators & Startups

Ledger Nano S VS Sumsub

Compare Ledger Nano S VS Sumsub and see what are their differences

Ledger Nano S logo Ledger Nano S

A secure Bitcoin and Ethereum hardware wallet

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • Ledger Nano S Landing page
    Landing page //
    2023-08-06
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

Ledger Nano S videos

Ledger Nano S Review 2018 and why we can't recommend it

More videos:

  • Review - Ledger Nano S Unboxing & Review | The Cheapest & BEST Bitcoin Hardware Wallet On The Market?

Sumsub videos

How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Category Popularity

0-100% (relative to Ledger Nano S and Sumsub)
Cryptocurrencies
100 100%
0% 0
Identity Verification And Protection
Crypto
100 100%
0% 0
Identity Verification
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Ledger Nano S and Sumsub

Ledger Nano S Reviews

Top 5 Best Ethereum Wallet [2021] With Highlights & Additional Features
All the cryptocurrencies store in the wallet offline, so there’s no risk of hacking. If you’re not a programmer or a tech-savvy person, using a hardware wallet would be the best to ensure the security of your cryptocurrency. The OS of Ledger Nano S is BOLOS, which its developers integrate into a secure chip.
Source: www.upgrad.com
9 of the Best Ethereum Wallets [The Ultimate List]
Ledger Nano S is a widely-used hardware wallet developed by the French company Ledger. A hardware wallet is a type of cryptocurrency wallet where you can store your private keys in a secure physical device. At the heart of Ledger’s innovation lies a distinct operating system called BOLOS, which they integrate to a secure chip for their wallets.
Source: blockgeeks.com

Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast

Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.

Social recommendations and mentions

Sumsub might be a bit more popular than Ledger Nano S. We know about 8 links to it since March 2021 and only 7 links to Ledger Nano S. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Ledger Nano S mentions (7)

  • Swapin's Solution Explained: How Does It Work?
    We understand the importance of privacy and control over your crypto assets. That’s why Swapin seamlessly integrates with leading Web3 wallets, including Metamask, Ledger, Trust Wallet, Argent, Crypto.com, Exodus, and Rainbow. By establishing a secure encrypted connection between the Swapin App and your Web3 wallet, we ensure the privacy and security of your transactions. With Wallet Connect, you can confirm... Source: 12 months ago
  • Regarding Stax NFT Bundle
    Once December 19th arrives, you can go to the Ledger Shop (shop.ledger.com) and order a Ledger Stax by connecting your wallet so that the shop website can see that you own the "Ledger Stax NFT". This will skip the normal payment process (because they'll know you've already paid, simply by having the NFT in your wallet). Source: over 1 year ago
  • Black Friday Deal: 10% off site wide
    Your enthusiasm towards our Black Friday deals have been immense. Our $30 and $20 of BTC vouchers are officially out of stock. To keep our Black Friday deals going, use code BLACKFRIDAY10 at shop.ledger.com at checkout for any item site-wide. Source: over 1 year ago
  • Is it possible to steal/save new 24 w seed phrase while typing it on ledger nano s/s+
    If you are still concerned, then you can order directly from our official store - https://shop.ledger.com/. Additionally, here are our official resellers - https://www.ledger.com/reseller. Source: almost 2 years ago
  • Así aprendi Solidity
    Educational videos on DeFi (Decentralized Finance). Website (extra tutorials) ► http://finematics.com Patreon ► https://www.patreon.com/finematics Follow me on Twitter ►https://twitter.com/finematics Business Inquiries ► https://finematics.com/contact Consultations ► https://finematics.com/consultation/ Donations: Ethereum & ERC20 ► 0x6aFbb9d6438E02fC9d2bf1154c050e35AA8933a7 Bitcoin ►... - Source: dev.to / almost 2 years ago
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Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: over 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 2 years ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 2 years ago
View more

What are some alternatives?

When comparing Ledger Nano S and Sumsub, you can also consider the following products

MetaMask.io - A crypto wallet & gateway to blockchain apps

Onfido - Onfido is the data-driven platform for intelligent background checking.

Trezor.io - The Hardware Bitcoin Wallet

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

Coinbase - Bitcoin, safe and easy.

Veriff - Smart and scalable identity verification.