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Cryptocurrency & Blockchain · head to head

Ledger Live vs Lido

Ledger Live logo

Ledger Live

Cryptocurrency & Blockchain

Manage your crypto securely

From
Free
Rated
-
Full reviewWebsite
Lido logo

Lido

Cryptocurrency & Blockchain

Liquid staking for Ethereum and beyond

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Ledger Live ledger Live is designed to work with a physical Ledger hardware wallet plugged into the device by USB and does not function as a standalone software wallet; Lido lido takes a 10% fee on staking rewards, split between node operators and the DAO Treasury
  • They diverge on capability: Ledger Live covers Portfolio Management, Lido covers Liquid Staking.

Where they differ

Only the attributes on which Ledger Live and Lido actually diverge.

Attributes where Ledger Live and Lido differ
AttributeLedger LiveLido
PlatformsDesktop, Ios, AndroidWeb
Founded20142020

Identical on both: starting price (Free), pricing model (free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Ledger Live

  • Portfolio Management
  • Buy/Sell Crypto
  • Staking
  • Swap
  • NFT Gallery
  • Ledger hardware wallets
  • DeFi apps
  • Desktop support

Only in Lido

  • Liquid Staking
  • stETH Token
  • No Minimum
  • DeFi Composable
  • LDO Token
  • Multi-chain
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Ledger Live

  • Managing crypto assets and viewing balances alongside a Ledger hardware walletnot Lido
  • Signing transactions offline through a connected hardware devicenot Lido

Lido

  • Liquid staking of ETH and other proof of stake tokensnot Ledger Live

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Ledger Live

  • Ledger Live is designed to work with a physical Ledger hardware wallet plugged into the device by USB and does not function as a standalone software wallet

Lido

  • Lido takes a 10% fee on staking rewards, split between node operators and the DAO Treasury

Pricing, plan by plan

Ledger Live

Free
  • FreeFree
    • Portfolio tracking
    • Buy/Sell
    • Staking

Lido

Free
  • FreeFree
    • Liquid staking
    • stETH token
    • DeFi integration

Which should you pick?

Choose Ledger Live if

  • You need portfolio management.
  • You want to start without paying.
  • You work on Desktop, Ios, Android.
  • You also want buy/sell crypto.
Ledger Live review

Choose Lido if

  • You need liquid staking.
  • You want to start without paying.
  • You also want steth token.
Lido review

Questions people ask

Is Ledger Live or Lido better?
Neither clearly leads. Ledger Live starts at Free and Lido at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Ledger Live or Lido?
Ledger Live starts at Free and Lido at Free.
Does Ledger Live or Lido run on more platforms?
Ledger Live runs on Desktop, Ios, Android. Lido runs on Web.
Can I use Ledger Live for free?
Both have a free tier, so you can try either at no cost before committing.
What is Ledger Live best used for?
Ledger Live is most often used for managing crypto assets and viewing balances alongside a ledger hardware wallet, signing transactions offline through a connected hardware device. Of those, managing crypto assets and viewing balances alongside a ledger hardware wallet and signing transactions offline through a connected hardware device are not what Lido is typically brought in for.
What can Ledger Live do that Lido cannot?
Ledger Live covers Portfolio Management, Buy/Sell Crypto, Staking, Swap. Lido covers Liquid Staking, stETH Token, No Minimum, DeFi Composable.
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