Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Due to the increase in the number and level of hacker attacks, more and more cryptocurrency owners are paying attention to cold (hardware) crypto wallets. A cold wallet is a storage facility for cryptocurrency that can be used offline, that is, without an Internet connection. These are highly secure physical devices that look similar to flash drives, credit cards, car keys, etc. It is important that you can pay for such a purchase not only in the traditional way, but also with cryptocurrency. In many cases, this method is more preferable, since the USDT TRC20 price corresponds to 1 USD per coin.
There are dozens of hardware wallet options on the market. Some models connect to your laptop using a USB cable, while others can conduct transactions via Wi-Fi or Bluetooth.
There are a few key aspects to consider when choosing a cold wallet:
- Device functionality.
- Level of protection.
- Easy to restore access in case of loss of code or key.
No matter how great the temptation to save money is, you should not give in to it. Your device must only be new and should only be purchased from an authorized dealer. Buying a used device is too much like Russian roulette: it is possible that all your savings will end up directly in the hands of an “honest” seller.
Best hardware crypto wallets
Ledger
Ledger, one of the market’s flagships, supplies several popular hardware storage models. Ledger Nano S, Ledger Nano S Plus, Ledger Nano X look like flash drives and do not attract much attention from outsiders. Although externally similar, these models differ from each other in memory capacity and the number of supported applications, which is reflected in the price. The devices provide reliable funds protection and interact with the Ledger Live application, which serves as a link to various Web3 areas.
The top of the line model is the Ledger Stax, which comes with a large touchscreen and the benefits of all previous versions. Allows you to track NFTs directly on your wallet and prioritize NFTs on your lock screen.
Trezor
Trezor, Ledger’s main competitor, produces devices that provide maximum protection for virtual currency, operating with the Trezor Suite application. There are two models on the market:
- Trezor Model One. Developed by the team at SatoshiLabs, this hardware wallet features a small monochrome OLED screen and a single button for operation. It is capable of supporting over a thousand cryptocurrencies and uses a USB cable to communicate with a laptop.
- Trezor Model T. This is an optimized device with a color screen, touch controls and a more powerful processor compared to the Model One. The security level has been improved, a function of protection against physical attacks has been added, and support for multi-signatures has been implemented.
Both models are quite reliable, but it is better to give preference to the more advanced Model T.
CoolWallet
The design of the device resembles a credit card, but at the same time it provides a high level of security with control through a mobile application. There are two models available on the market:
- CoolWallet S, comfortable to carry all the time. Bluetooth technology is used to communicate with a smartphone. One of the advantages is support for 12 blockchains and more than 10 thousand cryptocurrencies.
- CoolWallet Pro, an improved version of the original with a large battery for long battery life and a higher level of protection. the number of supported blockchains and cryptocurrencies has been increased to 27 and more than 12 thousand, respectively.
KeepKey
KeepKey represents a great combination of budget price and basic feature set. Despite its affordable price, the device is not inferior in reliability to more expensive analogues. The integrated ShapeShift feature facilitates cryptocurrency transactions, making the process simple and convenient.
The device body is made of anodized aluminum, and the display is housed in a polycarbonate frame. This wallet has a laconic design and high quality materials, which gives it an attractive appearance.
One of the KeepKey’s key features is its 3.12-inch OLED screen, which is twice the size of some competitors.
SafePal S1
SafePal S1 is an offline storage solution for cryptocurrency, aiming to provide the highest level of security. It has no means of communication with other devices such as Bluetooth, WiFi or USB. QR codes are used to communicate with the control application.
Ultimately, the choice of a cold wallet depends on the personal preferences, financial capabilities and needs of the user. Regardless of your choice, a cold wallet provides greater protection for your assets from hacker attacks and guarantees the safe storage of your cryptocurrency. Moreover, with any device you can always exchange HBAR to SOL on any trading platform. When choosing, it is worth remembering that investing in a quality device is just as important as selecting assets for your investment portfolio.
