Crypto ownership isn't just about having the coins in some wallet. It is about controlling access to them. As far as controlling access goes, a hardware wallet might be the way to go.
More important than knowing how to navigate one's way around the cryptocurrency market, is knowing how to securely store one's assets.
Investment in cryptocurrencies is subject to a lot of risks. These risks aren't exclusive to avoiding losses during trading.
They also extend to keeping one's assets safe from attackers and scammers, who have numerous ways of emptying the wallets of the unsuspecting.
Digital wallets are made in such a way that only people with your wallet keys have access to your funds. Human errors, however, can arise from anywhere. Your wallet and therefore your assets may not be as safe as you think.
This is why it might be a good idea to store your assets offline, away from the internet.
Crypto hardware wallets are more secure than digital wallets. They work with multiple blockchains, and some of them even sync with mobile phone apps for better portfolio management and monitoring.
Hardware wallets are highly recommended for everyone who values the safety of their assets. They are even more important for people with a lot of cryptos.
Here are some crypto hardware wallets worth comparing:
The Ledger Nano S Plus is designed for storing your cryptocurrency assets securely offline. It supports over 30 cryptocurrencies including the main ones, Bitcoin and Ethereum.
It is capable of connecting to decentralized applications (Dapps) like 1inch and Lido, making it easy for you to participate in Web-3 applications.
The Ledger Nano S Plus costs below $100 and might be a worthwhile investment.
It supports an approved third-party wallet to manage coins not yet supported by the Ledger Live (The proprietary crypto app of the Ledger ecosystem)
The Ledger Nano X is an intuitive crypto wallet that is perfect for beginners and the experienced alike. It features a (CC EAL5+) certified chip that is designed to withstand sophisticated attacks
The Ledger Nano X may cost almost twice the Ledger Nano S, but it offers 1 terabyte of storage space, 50 cryptocurrencies, and has a Bluetooth instead of a USB interface for wireless connection.
Like the Ledger Nano S Plus, it is capable of connecting to third-party decentralized applications like 1inch, making it easier for you to participate in Web3
The Trezor Model T is a hardware crypto storage device that grants you total security and access to your assets whenever you need it.
It features a touch-screen display for convenient interaction with the device. It is highly durable and features a USB connection as well as a USB cable.
The Trezor Model T also has password managers that can generate secure passwords, further improving the safety of your assets.
The Trezor Model T also offers a 100% money-back guarantee, and might just be what you are looking for.
The Ledger Nano S is perfect for beginners and veterans alike. It costs less than $70 and features the same (CC EAl5+) certified chip as the Ledger Nano X, designed to withstand attacks and scams.
It features a 128 X 32-pixel screen, a micro USB-B connector, and 0.32-megabyte storage capability.
The Ledger Nano S is durable and has a sleek black finish that affords you all the safety you need, on a light pocket-friendly budget.
The Trezor Model One is as secure as any other crypto hardware wallet on the market. It features a simple backup that protects your assets against loss or theft, and a bright 128 X 64 pixel OLED screen that is capable of displaying up to six lines of text.
It is compact and lightweight, weighing only 12 grams.
The Trezor Model One works as both hot and cold storage, allowing you better access to your assets. It is universally compatible with Windows, macOS, and Linux and features a durable, sleek black finish that fits perfectly in a purse, briefcase, or even in your pocket.
The CoolWallet S is one of the most portable hardware wallets on this list. It is only 0.8mm thick and is sized exactly like a credit card, making it easier to slip into an actual wallet or bag.
Along with that, it is bendable, water-resistant, and tamperproof. It features an encrypted Bluetooth interface for secure connection to android or iOS devices.
The CoolBit X app helps you to monitor your assets in real-time, on an intuitive dashboard.
The CoolWallet S supports crypto-to-crypto exchange, as well as fiat-to-crypto exchange. It also supports decentralized finance and decentralized applications (Defi and DApps).
As with security, it features an EAL5+ certified chip to protect your security keys.
The KeepKey hardware wallet is one of the most secure wallets out there. It is so easy to use, that even an absolute beginner can find their way around it easily.
Although the KeepKey wallet lacks a conventional operating system, it doesn't need one. This is because the layers of software that viruses, trojans, and keyloggers can infect, also do not exist on the KeepKey.
With this wallet, you can rest assured that your funds are going nowhere without your permission.
The KeepKey works on Windows, macOS, Linux, and even Android devices. It works just like a typical USB device and works instantly when you plug it into a computer. And yes, it is that simple.
The Safepal scores do very well when it comes to security. It uses an air-gapped sign-in mechanism, eliminating the need for Bluetooth, wifi, or any other wireless connection.
The SafePal S1 features an EAL5+ certified chip for maximum security and a whopping 34 blockchains! As a hint, 34 blockchains is a lot.
This means you can manage as many as 30,000 cryptocurrencies, in one device. 30,000 cryptocurrencies is a lot, even for the most avid user. As a bonus, it costs less than $60.
The SafePal S1 is paired with the SafePal app, allowing you to manage your assets securely, whenever you need to.
It also has a self-destruct mechanism that activates when the system detects any form of malware, wiping all wallet data including the wallet key.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.