Best Bitcoin and Altcoin Hardware Wallets
As is widely known, hardware wallets are unquestionably the most secure method of storing Bitcoin, Ethereum, and other cryptocurrencies. Which hardware wallet, then, is the most secure? Which hardware wallet is the more logical choice for us? For your convenience, we’ve conducted extensive research on the hardware wallets now available.
Unlike online wallets and software wallets, which keep your private keys on an internet-connected device, hardware wallets securely store your private keys offline. While this characteristic of hardware wallets protects against internet assaults, the “best” hardware wallets on the market are also resistant to physical access.
Hardware wallets are great for those looking to securely store and transfer their crypto assets. Hardware wallets, in particular, come across as a requirement rather than a choice, especially if you are not going to access your crypto assets for an extended period of time and you do not trust exchanges (which you should anyhow).
While there are several alternatives available, each bitcoin wallet offers unique benefits and drawbacks. Using the list we’ve compiled, you can choose which hardware wallet is the best fit for you, and then purchase it to safely store your crypto assets.
Ledger Nano X
Ledger Nano X is one of the newest hardware wallets to hit the market, having been launched in 2019. The Nano X is a step up from the previous Ledger Nano S, with more internal memory, a redesigned exterior, and Bluetooth compatibility.
The Nano X is one of the most ‘portable’ hardware wallets available, supporting a broad number of cryptocurrencies including the Nano S. This functionality renders it important for those who will be transferring cryptocurrency on a regular basis.
Trezor Model T
The Trezor Model T, SatoshiLabs’ newest cryptocurrency wallet, is comparable to the earlier Trezor Model One, but features a bigger touchscreen interface and supports a’significantly broader’ selection of coins.
Despite its expensive cost, the Model T is widely regarded as one of the best hardware wallets available. Especially if you’re concerned about potential security flaws, the Bluetooth connection included with virtually all flagship hardware wallets is the Model T for you.
Ledger Nano S
The Ledger Nano S is a predecessor of the Ledger Nano X and is one of the most popular bitcoin wallets available. The Nano S is indispensable for investors searching for low-cost security. It supports over 1000 cryptocurrencies and features built-in bank-grade protection.
Trezor Model One
SatoshiLabs introduced the Trezor Model One hardware wallet in 2014, making it one of the first of its kind. Although the Model One is an older hardware wallet, it is still a viable option due to its security features, cryptocurrency support, and interoperability with other wallets.
This hardware wallet, which is still available at a discount owing to its age, is still one of the finest in terms of functionality.
In comparison to other hardware wallets, Bitfi never saves your private keys on the device. Rather than that, Bitfi is bigger than other hardware wallets because to its use of a novel technology that continually produces private keys and ensures that no device linked to the device may steal your private keys.
Bitfi Knox is regarded one of the most secure hardware wallets on the market because to its revolutionary methodology, which puts it one step ahead of other wallets.
As with all Ledger wallets, Ledger Blue provides its customers with unmatched security that has never been breached. While the device’s large screen facilitates use, Ledger Blue falls behind other wallets in terms of supported coins and size.
CoolWallet S, which is meant to be so small that it can be stored with your credit cards in your wallet (regular wallet without a crypto wallet), distinguishes apart from other wallets due to its support for the majority of major cryptocurrencies and water resistance.
Additionally, you may access and manage your portfolio in CoolWallet S through Bluetooth-enabled devices.
This hardware wallet, which stands out due to the luxury sense given by its design, is built for ease of access and usage. Keepkey’s integrated ShapeShift enables users to securely store their most popular cryptocurrencies in a cold wallet and trade them straight on the device.
Keepkey is one of the most affordable hardware wallets on our list, offering an excellent value for consumers who do not require advanced functionality.
The least-known hardware wallet on the list is the SafePal S1, which is endorsed by Binance. While the gadget lacks a USB port, Bluetooth connectivity, and Wi-Fi, it may be operated entirely through its camera and six physical keypad. To utilize this reasonably priced hardware wallet, you must scan QR codes using the device’s built-in smartphone application.