Best Hardware Wallets for Bitcoin, Ethereum, Cardano, XRP and other Cryptocurrencies
Welcome to this post where you get to know everything about hardware cryptocurrency wallets. hardware wallets are known to be the safest secure and most convenient options for securing your cryptocurrency and it is a type of cryptocurrency wallets where the private keys to your wallet are being stored in a physical device and it also entails that the cryptocurrencies in your wallet would be stored offline which makes it secured and cannot be hacked. it is very accessible because whenever you need these coins they are made available. Even if you are not technically inclined and have interest in coding details the hardware wallet is still the best way for you to store your cryptocurrency. Cryptocurrency hardware wallet is very useful because it helps us feel more secured and easily accessible to our funds. It also gives the user peace of mind and feeling of security when using cryptocurrencies online. disposed to enable you understand better the full details about cryptocurrencies and how to store them safely in your wallet. Of course the hardware wallet is not to be one of the most competent ways of securing your cryptocurrency so if you’re looking to get one for yourself this guide will enable you understand the difference between several hardware wallet for cryptocurrency and to make the best pick for you.
The world of cryptocurrency is evolving very fast but one thing is certain blockchain technology is here to stay and that is why these cryptocurrencies keep appreciating in value so if you are interested in earning some cryptocurrency or you already own and you want to store it safely offline this list of the best hardcore cryptocurrency wallet which has unique features will enable you understand what you’re going to do. before I introduce you to hardware wallets you should be aware of the different kind of wallets that exist in the cryptocurrency world and they are mobile wallets, multisig wallets, software wallets, third-party custodian wallets and hardware wallets.
for newbies in cryptocurrency they begin by using exchange wallet like binance all coinbase then eventually when the portfolio has grown they move to hot wallet which is most likely a mobile cryptocurrency app. At a particular point they now consider using the hardware wallet for safety and security of their investments. These are the terms you should be conversant with when using a hardware wallet:
Public Address – this is like the public username for your hardware wallet.
Private keys – this is just like a password that you can use in accessing your wallet.
Seed Phrase – these are recovery words that have been used to gain access to your wallet if you lose your private keys and they’re usually between 12 to 24 words.
In cryptocurrency in control of transactions through public addresses and private keys of the wallet by using. a cryptocurrency hardware wallet is a device that stores your private key and public address so that you can use it to safely store, spend, or receive cryptocurrency.
Hardware cryptocurrency wallet is a combination of the safety of cold wallets with the easy transactions of hot wallets.
Top 10 Best Hardware Wallets for Cryptocurrencies 2021
Here are the Best Hardware Wallets for Cryptocurrencies 2021 (Safe & Secured):
- Ledger wallets – Nano X ($119) & Nano S ($59)
- Trezor Model T Wallet – $169
- Coldcard Wallet – $119
- BitBox02 Wallet – $115
- OPOLO Cosmos Wallet – $199
- Cobo Vault – $99 / $149
- SafePal S1 Wallet – $40
- SecuX W20 & V20 – $99 & $129
- Tangem Wallet – $20
- SatoChip Wallet – $25
10. Ledger – Nano X ($119) & Nano S ($59)
HQ: Paris, France
This wallet, which uses a PIN code and a recovery word, is one of the most common non-custodial wallets on the market. Ledger wallets have their own operating system and a licensed chip architecture to withstand sophisticated attacks. You can also purchase crypto directly, submit it, receive it, and stake it using the Ledger Live App. This is one of the Best Hardware Wallets for Cryptocurrencies 2021.
Open-source 3rd party resources like Electrum, Caravan, Lily Wallet, or Casa Wallet can be used with Ledger hardware wallets in multi-sig setups. You can begin your crypto journey by purchasing cryptocurrency via a Ledger Live exchange integration, then securing, managing, receiving, sending, and staking your crypto assets. The Nano X has a storage capacity of more than a 1500 tokens.
9. Trezor Model T – $169
HQ: Prague, Czech Republic
The Trezor Model T is one of the most common wallets on the market, with multi-signature protection and a magnetic dock for convenience. The device needs a machine link and is compatible with Trezor Suite as well as third-party desktop wallets like Electrum, Exodus Wallet, Magnum Wallet, and Blockstream Green.
Trezor is the only fully open-source hardware wallet that allows thousands of people to create their own devices and supports over 1600 tokens. Long-time Bitcoin miners Marek “Slush” Palatinus and Pavol “Stick” Rusnak founded the parent company SatoshiLabs, which is named after Satoshi Nakamoto.
8. COLDCARD ($119)
HQ: Toronto, Canada
At first glance, this multi-sig, open-source wallet from Coinkite resembles a mini-calculator. The Coldcard is a Bitcoin-only custodial solution that uses a MicroSD backup and offers a variety of security features such as decoy wallets, pins, and lockout timers. Coinkite is one of the oldest Bitcoin companies on the market, so this wallet is jam-packed with features and considered one of the most convenient ways to store your Bitcoin (no other tokens supported at this time). This is one of the Best Hardware Wallets 2021.
OPENDIME® ($16.99) and SEEDPLATETM ($36.99) are two other useful Coinkite products. OPENDIME is a convenient solution for depositing small quantities of Bitcoin and passing it on to a friend. It functions similarly to a USB key. OPENDIME is now used in over 100 countries around the world. SEEDPLATE is a plate that serves as a last-resort replacement in the event of a flood or fire. Simply write the first four letters of each seed word from any hardware wallet, up to a total of 24 words, on the plate.
7. BitBox02 by ShiftCrypto – $115
HQ: Zurich, Switzerland
BitBox02 is one of the most beginner-friendly hardware wallets, with a quick setup, microSD backup, in-app guide, and intuitive touch sliders. Simply add your device to this open-source, multi-signature wallet. The BitBoxApp is available for Windows, macOS, and Linux, as well as Android, with support for a variety of third-party wallets (Electrum, MyEtherwallet, HWI, Specter). The BitBox is available in two versions: a Bitcoin-only version and a version with 1500+ ERC tokens. This is one of the Best Hardware Wallets for Bitcoin 2021.
6. OPOLO Cosmos – $199
HQ: Steinfort, Luxembourg
The OPOLO wallet has a 3.2-inch touch screen and is controlled by a desktop app. The wallet is open source and multi-signature, and it supports 110 coins and 200,000 tokens. The OPOLO wallet app includes two coin swap options that allow users to exchange any coin or token inside the app. OPOLO wallets support 127-character passwords and passphrases, as well as a built-in password manager for managing all of your passwords (gmail, Facebook, etc.) for optimum protection.
5. Cobo Vault – $99 / $149
Cobo Vault is a multi-signature, open-source, non-custodial Bitcoin wallet that is extremely secure. Cobo Vault supports infinite, concurrent coin storage for BTC, ETH, BCH, DASH, LTC, ETC, TRX, EOS, USDT, XRP, XZC, IOST, DCR, and DOT/KSM, as well as ETH, EOS, and TRX tokens, and works with both its own tools and third-party applications. Cobo Vault is QR code air-gapped for maximum security. This wallet is waterproof and drop resistant, as well as having a fingerprint sensor. This is one of the Best Hardware Wallets for Cryptocurrencies 2021.
4. SafePal S1 – $40
HQ: Hong Kong, China
Since it uses an air-gapped signing mechanism that keeps the device fully offline, SafePal S1 is perfect for DeFi traders. The only way to sign and approve the transaction is to scan the short-distance QRcode, which defends against online attacks and short-distance peeking. A variety of security sensors are also included with the SafePal S1. When the sensors detect a malicious attempt, the sensor activates a self-destruct feature, causing the safe element to remove all wallet data and leave no trace for the hackers. SafePal, for example, allows users to buy and sell cryptocurrency inside the SafePal app, connects to CEXs like Binance, and supports DeFi with Uniswap and Compound.
3. SecuX W20 & V20 – $99 & $129
HQ: Hsin Chu City, Taiwan
The SexuX Hardware Wallet comes with a web and smartphone app and is powered by a 600mAh lithium battery that can last up to 7 hours. There’s no need to connect your machine. The V20 wallet has a round aluminum shell that protects the hardware from damage during shipping. This wallet is not open-source, but it currently supports Bitcoin, Ethereum, ERC-20, Ripple, LTC, BCH, DGB, Dash, BNB, Doge, and XLM, among other tokens. The device’s 2.8″ large touch screen makes it simple to use, and it can store up to 500 accounts. This is one of the Best Hardware Wallets for Cryptocurrencies 2021.
2. Tangem – $20+
HQ: Zug, Switzerland
Tangem cards are a welcome change from the clumsy hardware wallets. Keep your phone over the card with the Tangem app to find your wallet. The chip generates and permanently stores the user’s private key using cryptography. To transact and check your balance, use the app. Each Tangem card is compatible with a particular cryptocurrency, like BTC, ETH, XLM, ADA, XRP, XTZ, and BCH. This is one of the Best Hardware Wallets for Cryptocurrencies 2021.
1. SatoChip – $25
The Satochip card, which looks like a standard chip debit or credit card and comes with its own reader, is one of the most accessible wallets on the market. The hardware is entirely open source and supports several software clients as well as multi-signature authentication. BTC, BCH, LTC, ETH, and all ERC-20 tokens are currently supported. There is no need for a mobile app, but you will need a software client like MyCrypto, Electrum, or Electron Cash.