With the hundreds of different options for crypto storage, it’s hard to figure out which specific wallet is right for you. If you’re a fan of physical wallets, then a hardware wallet might be a good option. But there are many elements to a crypto hardware wallet, and it’s important to know about these before buying.
So, here are the best hardware cryptocurrency wallets you can buy right now.
1. Ledger Nano X
The Ledger Nano X wallet has the highest security levels Ledger has ever offered, with multi-signature and passphrase support, as well as an automatic time-out period after a certain period of inactivity. On top of this, the wallet offers a recovery phrase, their custom BOLOS (or Blockchain Open Ledger Operating System), and anti-tamper software.
The Nano X supports a wide range of cryptocurrencies and is compatible with a wide range of devices via its USB port, such as Apple and Windows computers. Overall, it’s a trustworthy and versatile wallet that Ledger continues to develop.
It’s important to note that the Nano X will cost you around twice as much as the S, as well as several other solid crypto wallets. So you might want to look elsewhere if you’re on a budget.
2. Ledger Nano S
Like the Nano X, the more affordable Ledger Nano S has a BOLOS, multi-signature support, as well as a recovery phrase. You’ll also need a 4-digit pin to access the wallet, and its double button activation requirement for purchasing altcoin makes it impossible for online hacking to occur.
This wallet supports a long list of different crypto coins, including Bitcoin, Ether, EOS, and Stellar. You can also hook your Nano S up to a range of devices using its USB port, making it as versatile as the Nano X in many ways for a significantly lower price.
However, the S uses closed-source firmware, unlike the Nano X, which uses open-source. This means that there is an overall lack of transparency for users in terms of security. On top of this, the Nano S does not have the same app capacity as the X, so you may find some frustrating limitations there.
3. TREZOR Model T
TREZOR’s Model T hardware wallet is another reliable and advanced option for crypto owners. It was released in 2018 as a successor to Trezor’s first wallet, the T-One, and it hasn’t disappointed. The Model T comes with a custom PIN, regular updates on its firmware (also known as the TREZOR Core), a recovery phrase, and a USB port cover that highlights any tampering attempts using its holographic exterior.
The TREZOR Model T also supports all common crypto coins, including Bitcoin, Ethereum, and Tether. It’s also pretty durable, which is great for any kind of physical device that you might be carrying around a lot. It is a little pricey, but its features speak for themselves. Other wallets on the market are just as reliable at a lower price, though, so it’s best to shop around if you want a more affordable device.
4. SecuX V20
The SecuX V20 is a trustworthy wallet with a pretty impressive set of features. Firstly, the V20 comes with a CC EAL 5+ Certified Security Element, which allows for the secure storage of your PIN and private keys. Additionally, the V20 offers Bluetooth support and an automatic time-out feature after a set period of inactivity.
Like TREZOR’s Model T wallet, the V20’s exterior is also focused on security, with an anti-tamper USB port seal. It also supports a wide range of cryptocurrencies (over a thousand!), making it a versatile wallet with reliable security measures.
5. Ellipal Titan
Ellipal’s Titan wallet has a similar exterior to a smartphone, with a spacious touchscreen and built-in camera for QR code scanning. It’s important to note here that this means the Titan has no hardwired connection ports or Bluetooth/Wi-Fi support and relies entirely on QR scanning for data transmissions.
However, this total lack of wireless connection support prevents cybercriminals from remotely hacking your wallet, which is a great plus. Additionally, its anti-tampering exterior automatically erases all keys as soon as the device detects any sort of attempted break-in. The Ellipal Titan also supports various crypto coins, including Bitcoin, Binance Coin, and Litecoin.
6. Prokey Optimum
Prokey’s Optimum wallet has some solid security features, including mutual authentication support, customized access PIN, secure open-source firmware, and a recovery phrase. It’s also pretty small compared to some other hardware wallets, making it great for carrying around.
What’s more, the Prokey Optimum offers two-factor FIDO authentication, which allows you to use your wallet via a web browser securely. The Optimum also supports over 1,200 different crypto coins, so there’s very little chance you’ll find yourself unable to store your specific crypto on this wallet. You can connect the Optimum to your macOS, Windows, and Linux devices via its USB connection port.
And the best part is that the Optimum is super affordable! You can get it for around $70, which comes in at half the price of many other hardware crypto wallets.
7. CoinKite COLDCARD
CoinKite’s COLDCARD crypto wallet may look a little basic. Still, it offers some great security features, including Secure Element support and offline transactions (which avoids the risk of remote, online hacking). It also has an encrypted backup feature, customized access PIN, and a log-in countdown feature requiring users to wait for a specific period to reenter their PIN after incorrectly entering it.
Now, for the big downside. The COLDCARD only supports Bitcoin. This is pretty disappointing, given that many other wallets can support hundreds or thousands of different coins. So, if you’re a loyal Bitcoin owner, the COLDCARD is a great option, but it’s best to look elsewhere if you own multiple cryptocurrencies.
8. Keystone Ultimate
The Keystone Ultimate wallet, like the Ellipal Titan, only allows for data transmission via QR scanning. This could be considered a limiting factor, but it also avoids any form of hacking or breach being performed remotely. You can also connect to iOS or Android devices with the Ultimate using its app if desired.
The Ultimate wallet’s firmware is open-source, which is great for transparency and independent auditing by the user. You can also create a hidden wallet with the Ultimate, as well as add an extra layer of security with its fingerprint lock. It supports many different coins, including Bitcoin, Ethereum, Litecoin, and Polkadot.
But, with such great features comes a not-so-great price point. The Keystone Ultimate is very expensive, coming in at nearly $500, especially considering the drastically lower prices of other hardware wallets. But it’s still a super reliable wallet with a focus on high-end security.
A Crypto Hardware Wallet Is the Most Secure Option
While software wallets are by no means easy to hack, they just don’t offer the same level of security as hardware wallets. With offline transactions, anti-tampering seals, and secure data transmissions, there’s no doubt that a hardware crypto wallet will keep your funds safe.
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