Do you want to secure your Bitcoin and other cryptocurrencies?
The most reliable option available is to use a hardware wallet.
This guide will help you find the best hardware wallets for your needs and investments. We will outline the different categories of a hardware wallet, give our picks for the 7 best ones, and even provide a quick survey to identify the best wallet that matches your security preferences and tolerances.
Whether you prioritize security, usability, accessibility, or price, this guide will give you all the information you need to make the best choice for you.
Take Control of Your Crypto
Picture this…
You’ve finally organized your assets and crypto portfolio. Your long-term goals are clear, and you’ve mapped out an investment plan that leads straight to a comfortable retirement and financial independence.
Everything is in place, and you feel secure in your strategy.
Then, one evening, while you’re scrolling through the news, reports break that a major crypto exchange has been hacked—one you’ve used before. Panic sets in as you realize just how huge this breach is. Thousands of people around the world are affected, and millions in crypto are lost.
You wonder: have I been hit? Have I just lost everything I’ve worked so hard to build?
Luckily, you remember one critical decision you made early on: safeguarding your crypto in a hardware wallet.
While others scramble to check balances on vulnerable exchanges, your assets remain secure and untouched, stored safely offline.
This situation is why securing your cryptocurrency with one of the best hardware wallets available is more than a smart move—it’s essential.
By choosing the right wallet, you control your crypto and keep it safe.
Types of Wallets
1. Hardware Wallet
A hardware wallet is a physical device used to store private keys offline, providing enhanced security for your cryptocurrency. There are two categories of hardware wallets:
➡️Electronic: These devices, like the KeepKey Wallet or NGRAVE ZERO, store private keys offline but can connect to a computer or mobile device for transactions. They offer protection against hacking with features like PIN codes and encryption.
➡️Non-Electronic: Physical cold cards like Material Bitcoin fall into this category. They don’t connect to the internet or have electronic components, offering fully offline and air-gapped security.
2. Cold Wallet
Cold wallets are offline storage methods that ensure maximum security by keeping private keys away from the internet. Two categories fall into the cold wallet realm:
➡️Non-Electronic Hardware Wallet: A subset of cold wallets, non-electronic hardware wallets are entirely offline.
Remember, all cold wallets are hardware wallets but not all hardware wallets are cold!
➡️Paper Wallet: A paper wallet involves printing your private and public keys on a piece of paper and storing them safely. It’s highly secure as long as the paper is not lost or damaged but can be less convenient for transactions and long-term holding.
3. Mobile/Hot Wallet
A hot wallet is a digital wallet connected to the internet, often through mobile apps or desktop software. These are convenient options for frequent transactions, but they are more vulnerable to hacking and are best used for smaller amounts of cryptocurrency. Examples include apps like Exodus or Trust Wallet.
Which of the Best Hardware Wallets Is Best for You?
Here’s a survey designed to help you pick the best hardware wallet for you!
Top 7 Best Hardware Wallets
1. Material Wallets – Best For Beginners & Safety-Conscious Users
Features & Security
Material Wallets are specifically designed for Bitcoin, Ethereum, and Tether users, offering a no-frills, offline solution.
It provides an air-gapped setup, meaning it operates entirely offline, making it immune to online threats like phishing or malware attacks. Security is enhanced by a tamper-proof design and a focus on keeping private keys completely offline.
Durability & Longevity
One of the standout features of a Material Wallet is its incredible durability. Made from AISI 304L steel, this wallet is built to stand the test of time. It is fireproof and water-resistant and will withstand extreme conditions.
Has It Ever Been Hacked?
Due to its offline nature and strong physical design, the Material Wallet has never been hacked. The absence of any digital connectivity means it’s completely safe from potential online threats.
How to Set It Up
Setting up a Material Wallet is as simple as it gets. Since it’s a physical wallet with no digital components or connections, there’s no software installation. Once you receive the wallet, you can immediately start storing your cryptocurrency keys.
The wallet comes with clear instructions and there is customer service available for any doubts. The simplicity of the setup makes it especially useful for beginners who may be intimidated by more complex wallets.
Cryptos Supported
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
✅Pros:
- Focuses on the most popular cryptocurrencies
- Completely offline for maximum security
- Easy setup for beginners
❌Cons:
- Limited to Bitcoin, Ethereum, and Tether
Portability
All Material Wallets are compact and portable due to their slim, credit-card size. But the best way to store your Material Wallet is just like a bar of gold…in a safe, kept away from peering eyes and hands.
Price
$94.99
Customer Reviews
What People Like: Material Wallets have gained a lot of praise from its users, particularly for its ease of use and sense of ownership. Customers like how the wallet serves as an excellent introduction to Bitcoin for beginners and how as a physical object allows you to feel like you own your Bitcoin.
What People Don’t Like: Some customers have expressed concerns about the private key generation process. A few users worried that the private key could be potentially seen and stolen by warehouse workers, packagers, or other individuals involved in the manufacturing process. But luckily, this is a misconception about how the wallets are produced which prevents private keys from being seen.
Material Wallets are designed with a key engine that is not stored on any network. They are generated and engraved on the steel plate through an automated, robotic process. They are then covered with metallic vinyl and sealed inside a heat-sealed aluminum bag.
Does This Hardware Wallet Meet Your Needs?
Material Wallets are perfect for beginners or anyone who doesn’t want a complex setup or maintenance. The offline, air-gapped design eliminates the learning curve associated with software wallets and complex digital setups. You don’t have to charge it or pair it with any device or platform.
For safety-conscious users, the wallet’s durable, tamper-proof design will give peace of mind, ensuring that your assets are protected from both online and physical threats. Whether you’re new to cryptocurrency or simply want a secure, easy-to-use storage solution, Material Wallet is a top choice.
Material Wallets: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Air-gapped, offline setup; Tamper-proof design |
Durability & Longevity | Made from AISI 304L steel; Fireproof & Water-resistant |
Has It Ever Been Hacked? | No hacking incidents; Completely offline |
Ease of Setup | Simple setup; No software installation required |
Cryptos Supported | Bitcoin, Ethereum, Tether |
Pros | Offline, secure; Easy for beginners; Durable |
Cons | Limited to 3 cryptos; Physical product |
Portability & Discretion | Compact, portable, credit card-sized |
Customer Reviews | Praised for ease of use and customer service |
Suitability for Beginners | Ideal for beginners and safety-conscious users |
2. NGRAVE ZERO – Best For the Seasoned Investor
Features & Security
NGRAVE ZERO is a high-security wallet designed for advanced users. It features a large touchscreen and offers air-gapped security by using QR codes for transactions.
It also supports biometric verification and advanced encryption techniques, making it one of the most secure options on the market that has electronic components.
Durability & Longevity
The NGRAVE ZERO hardware wallet is built with durability in mind. Made from aerospace-grade aluminum, it’s designed to withstand harsh conditions. It is IP68 certified, meaning it is dustproof and can be submerged in water up to 1.5 meters for 30 minutes without damage.
Has It Ever Been Hacked?
The NGRAVE ZERO wallet has no official incidents of hacking reported, however, we found a few users who claim that their wallets were hacked.
How to Set It Up
Setting up the NGRAVE ZERO is fairly straightforward. You are given a step-by-step setup guide via the NGRAVE ZERO mobile app, which helps you generate and securely store your private keys.
Cryptos Supported
- Supports thousands of cryptocurrencies over 15 different blockchains.
✅Pros:
- Air-gapped security with QR code transactions
- Biometric authentication for added protection
- Supports a large variety of cryptocurrencies
❌Cons:
- Expensive
- Complex setup
Portability
The NGRAVE ZERO is easy to carry around in a small bag, however, it is a bit larger and therefore more difficult to carry in your pocket. The large screen is very comfortable for users but also makes it easier for the people around you to notice what you are doing while managing your wallet.
Price
One of the more expensive wallets, starting at $398.
Customer Reviews
What People Like: Customers like the NGRAVE ZERO for its innovative design and reliable performance. Many users highlight the wallet’s customer support, which is particularly useful given how complicated and advanced the features and setup process is. Users appreciate that the support team is quick to respond and provides helpful guidance.
What People Don’t Like: Some users have expressed frustration with the device’s performance, particularly noting issues such as slow operation, a fingerprint scanner that is difficult to use, and a user interface that falls short compared to other wallets.
Does This Hardware Wallet Meet Your Needs?
The NGRAVE ZERO is an excellent choice for experienced crypto investors who enjoy the fancy bells and whistles. Its advanced features cater to those who are deeply invested in cryptocurrency.
NGRAVE ZERO: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Large touchscreen; Air-gapped security; Biometric verification |
Durability & Longevity | Aerospace-grade aluminum; IP68 certified, dustproof and water-resistant |
Has It Ever Been Hacked? | No official incidents; Some users claim of hacking |
Ease of Setup | Step-by-step guide via NGRAVE mobile app |
Cryptos Supported | Thousands of cryptocurrencies over 15 blockchains |
Pros | Air-gapped security; Biometric authentication; Supports many cryptos |
Cons | Expensive; Complex setup |
Portability & Discretion | Portable but large; Screen visibility could compromise discretion |
Customer Reviews | Liked for its innovative design but criticized for some performance issues |
Suitability for Seasoned Investors | Ideal for experienced investors; Advanced features with high security |
3. SafePal S1 – Best For Multi-Crypto Investors
Features & Security
SafePal S1 is a portable, hardware wallet with a camera to scan QR codes for offline transactions. It also includes self-destruct features that erase data if tampered with.
Durability & Longevity
The SafePal S1 hardware wallet is built with a focus on both durability and affordability. It has a lightweight plastic exterior. While it may not have the same high-end materials as some other wallets, the SafePal S1 is still built to withstand everyday wear and tear.
Has It Ever Been Hacked?
The SafePal S1 has no reported incidents of being hacked. However, many users are claiming to have been hacked due to falling victim to phishing scams and downloading false apps and software.
How to Set It Up
Setting up the SafePal S1 is a fairly easy process designed to be user-friendly, even for those new to hardware wallets. The wallet comes with a detailed step-by-step guide that walks you through the setup process, which includes starting the device, generating a secure seed phrase, and installing the SafePal app on your smartphone.
Cryptos Supported
- Supports a broad range of cryptocurrencies, including Bitcoin, Ethereum, and over 10,000 tokens.
✅Pros:
- Affordable and portable
- Large crypto support
❌Cons:
- Smaller screen sizes can be a drawback for some
- Relies on the user for charging and maintenance
Portability
The SafePal S1 is portable and discreet, which makes it an excellent choice if you need to manage your assets on the go. The wallet is compact and lightweight as the screen is small enough to maintain discretion but large enough to provide clear visibility.
Price
Very affordable compared to other high-security wallets. The basic S1 retails at $49.99
Customer Reviews
What People Like: Customers appreciate the SafePal S1 for its affordability and ease of use. Additionally, the wallet’s ability to support a wide range of altcoins makes it a favorite for those who invest in diverse cryptocurrency portfolios. Many users also feel reassured knowing that SafePal is backed by Binance.
What People Don’t Like: Some users have reported issues with customer support and device reliability. Several reviews mention frustrating experiences when dealing with customer service, particularly when trying to resolve issues with defective devices.
Does This Hardware Wallet Meet Your Needs?
The SafePal S1 is best for multi-crypto investors who need a versatile hardware wallet. It supports over 10,000 different cryptocurrencies across multiple blockchains, making it a great solution for diverse portfolios.
SafePal S1: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Portable wallet with QR code scanning; Self-destructive features |
Durability & Longevity | Lightweight plastic exterior; Durable for everyday use |
Has It Ever Been Hacked? | No reported hacks; Users fall victim to phishing scams |
Ease of Setup | User-friendly setup with a step-by-step guide |
Cryptos Supported | Supports Bitcoin, Ethereum, and over 10,000 tokens |
Pros | Affordable; Large crypto support |
Cons | Small screen; Requires user maintenance |
Portability & Discretion | Compact, lightweight, discreet |
Customer Reviews | Affordable but bad customer support and service |
Suitability for Multi-Crypto Investors | Best for multi-crypto investors with diverse portfolios |
4. KeepKey – Best For dAPP Users
Features & Security
KeepKey is known for its large display and sleek design. It integrates with ShapeShift for easy trading and offers strong security features like private key storage and PIN protection. It is a great option for those who want to expand in the dAPP world.
Durability & Longevity
The KeepKey hardware wallet is built with a solid design that is meant for long-term durability. Although it’s not made from indestructible materials, it is coated in anodized aluminum and has a polycarbonate front, making it resistant to everyday wear and tear.
Has It Ever Been Hacked?
KeepKey has a strong reputation with no official hacking reports, however, phishing attempts and fake apps have compromised users’ security in the past. KeepKey’s integration with ShapeShift has recently added a layer of security features but it’s important to remain aware of hackers attacking individual users.
How to Set It Up
Setting up the KeepKey hardware wallet is easier for users who are already familiar with cryptocurrencies, including dApps. Once you unbox the device, you connect it to your computer via USB and follow the on-screen instructions to create a new wallet or recover an existing one. You will generate a 12-word recovery phrase, and integrate it with the ShapeShift platform.
Cryptos Supported
- Supports major cryptocurrencies like Bitcoin, and Ethereum, along with 7217 other coins over 348 blockchains.
✅Pros:
- Large display for easy viewing
- ShapeShift integration
❌Cons:
- Slow transaction speeds
- Minimal customer support – only available through the Discord platform
- The larger screen means it is less portable
Portability
The KeepKey wallet is larger than some other hardware wallets on the market, which will affect its portability. Its size makes it less pocket-friendly.
Price
Usually priced at $100, you can find regular sales on their website bringing prices down to $78
Customer Reviews
What People Like: Customers praise KeepKey for its excellent customer service. Many users have noted that the support team is prompt, detailed, and helpful in guiding them through any issues they encounter. This is of course once you get in touch with someone through the Discord app.
What People Don’t Like: Some users feel that there are better hardware wallets available in the market, offering more features and a smaller attack surface. They mention that while KeepKey is a solid device, it lacks the frequent updates and advanced features found in competitors.
Does This Hardware Wallet Meet Your Needs?
For dApp users, the KeepKey hardware wallet is a reliable option for managing digital assets. It supports a range of cryptocurrencies, and its integration with ShapeShift allows for easy interaction with dApps and DeFi platforms. However, its slightly larger size and focus on desktop usage may be a drawback if you prioritize portability.
KeepKey: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Large display; ShapeShift integration; Strong security features |
Durability & Longevity | Anodized aluminum case; Polycarbonate front; Durable for everyday use |
Has It Ever Been Hacked? | No official hacks; Users compromised by phishing and fake apps |
Ease of Setup | Easy setup for crypto-savvy users; ShapeShift platform integration |
Cryptos Supported | Supports Bitcoin, Ethereum, and over 7,217 coins across 348 blockchains |
Pros | Large display; Easy ShapeShift integration |
Cons | Slow transaction speeds; Minimal support through Discord; Less portable |
Portability & Discretion | Larger size; Less pocket-friendly |
Customer Reviews | Praised for customer service; Lacks frequent updates and advanced features |
Suitability for dApp Users | Reliable for dApp users; Larger size may hinder portability |
5. Coldcard Wallet – Best For Bitcoin Enthusiasts
Features & Security
Coldcard Wallet is designed only for Bitcoin users. It is a very simple device that relies on a basic physical keypad for PIN entry.
The Coldcard Wallet provides multi-factor authentication and uses an element chip to store your private keys.
Durability & Longevity
The Coldcard Wallet is made from high-quality, rugged plastic, and is robust enough for daily use.
Has It Ever Been Hacked?
The Coldcard Wallet has a strong reputation for security, with no known incidents of being hacked. It uses a secure element chip to store private keys.
How to Set It Up
Setting up the Coldcard Wallet is easy for users who are already familiar with Bitcoin. The setup involves creating a PIN and generating a new Bitcoin wallet with a unique seed phrase. The device also supports advanced features like multisig wallets and secure backups using a microSD card.
Cryptos Supported
- Bitcoin (BTC) only
✅Pros:
- Physical PIN entry for extra protection
- Simple design
❌Cons:
- Only supports Bitcoin
- May feel too basic for users wanting more features
Portability
The Coldcard Wallet is compact and designed to be highly portable. Its small size allows it to fit comfortably in a pocket, bag, or even a safe. The wallet’s design is intentionally minimalistic, with no flashiness.
Price
One of the more expensive wallets, it retails at $157.94
Customer Reviews
What People Like: Users mention that the hardware wallet is reliable and comes with good customer support, making it a trusted choice for those serious about Bitcoin security.
What People Don’t Like: Many users have reported issues with the device’s keypad, stating that it can be unresponsive or prone to entering incorrect digits since it is so small. The Coldcard Wallet has also been criticized for its complexity, with some users finding it extraordinarily difficult to use.
Does This Hardware Wallet Meet Your Needs?
Designed specifically for Bitcoin it offers a range of features that cater to users who are deeply invested in the security and management of their Bitcoin holdings.
Coldcard: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Bitcoin only, basic physical keypad with secure element chip |
Durability & Longevity | High-quality, rugged plastic; Robust for daily use |
Has It Ever Been Hacked? | No known hacks; Secure element chip for private keys |
Ease of Setup | Easy for Bitcoin users with previous experience |
Cryptos Supported | Bitcoin (BTC) only |
Pros | Physical PIN entry; Simple design |
Cons | Bitcoin-only; May feel too basic for users wanting more features |
Portability & Discretion | Compact, minimalistic design; Highly portable |
Customer Reviews | Reliable with good customer support; Keypad issues and complexity reported |
Suitability for Bitcoin Enthusiasts | Ideal for Bitcoin users focused on security; Simple and easy to navigate |
6. Ellipal Titan – Best For the Tech Lover
Features & Security
Ellipal Titan is an air-gapped, electronic hardware wallet with a large touchscreen. It communicates via QR codes and is built from resistant materials to prevent physical tampering.
Durability & Longevity
The Ellipal Titan is designed with durability in mind, with a metal casing for protection. The device is entirely sealed, making it resistant to physical tampering, dust, and water.
Has It Ever Been Hacked?
According to Ellipal, there has never been a successful remote hacking of the Ellipal Titan wallet. There was a famous case from 2022-2023, where whitehat hackers were exposing Ellipal, along with other wallets like Trezor and KeepKey, to demonstrate that they are hackable. Luckily, this was done in a “controlled” manner and no crypto was stolen.
How to Set It Up
Setting up the Ellipal Titan is straightforward for users familiar with tech gadgets. You must create a secure PIN, and then generate a recovery phrase. The Ellipal app, which pairs with the Titan via QR codes, guides users through the rest of the setup process.
Cryptos Supported
- Supports over 10,000 coins and tokens.
✅Pros:
- Air-gapped
- Large touchscreen for easy navigation
❌Cons:
- Bulky compared to smaller wallets
- Expensive device
- Needs frequent charging due to large screen battery consumption
Portability
The Ellipal Titan is bulkier than most hardware wallets. But it’s still lightweight enough to carry in a bag. Its larger size means it’s less discreet when in use, so be careful where and when you take it out in public.
Price
$169 for the basic Titan 2.0
Customer Reviews
What People Like: Many users find it simple to set up and enjoy the convenience of using it interchangeably with other hardware wallets. The overall design and functionality receive positive feedback from users who want a secure storage solution.
What People Don’t Like: Customer service seems like a significant issue for many users. Several reviews mention unhelpful or slow responses from the support team. Other users have reported difficulties in updating the device to the latest firmware, with no resolution from customer support.
Does This Hardware Wallet Meet Your Needs?
For tech lovers, the Ellipal Titan offers a combination of advanced security features and a sleek, modern design.
Ellipal Titan: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Air-gapped with a large touchscreen |
Durability & Longevity | Metal casing; Resistant to tampering, dust, and water |
Has It Ever Been Hacked? | No successful remote hacks |
Ease of Setup | Straightforward for experienced tech users |
Cryptos Supported | Supports over 10,000 coins and tokens |
Pros | Air-gapped; Large touchscreen for easy navigation |
Cons | Bulky compared to smaller wallets; Expensive; Frequent charging needed |
Portability & Discretion | Bulkier but lightweight; Less discreet when in public |
Customer Reviews | Simple setup and convenient to use; Poor customer service and update issues |
Suitability for Tech Lovers | Advanced security features; Sleek, modern design |
7. Tangem Wallet – Best For Portability & Easy Access
Features & Security
Tangem Wallet is unique because it looks like a credit card in size and form but actually comes in a set of either 2 or 3 individual cards. Each card works as a key to unlock your crypto.
It operates via near-field communication (NFC) technology, allowing you to easily access your crypto by just tapping your smartphone. It relies on military-grade encryption for its security.
Durability & Longevity
The Tangem Wallet is like a credit card, is portable and flexible. It’s made to withstand daily use and can endure physical bending without breaking the wallet is water-resistant and durable enough to carry in a wallet or pocket without worrying about damage. Its simple design means there are no batteries or moving parts.
Has It Ever Been Hacked?
The wallet uses an EAL6+ certified secure element chip to store your private keys, which never leave the card. The Tangem Wallet has a strong security record with no known incidents of being hacked.
How to Set It Up
Setting up the Tangem Wallet is fairly easy. The process involves simply tapping the Tangem card into your NFC-enabled smartphone and following the prompts in the Tangem app. There is no need for PIN codes, passwords, or complex setups.
Cryptos Supported
- 6,000 cryptocurrencies, ERC-20 tokens, and some NFTs.
✅Pros:
- Compact and portable
- NFC technology for quick access
- Affordable
❌Cons:
- Limited to mobile access
- Completely dependent on the integrity of the physical card
Portability
The Tangem Wallet is very portable and discrete, given its slim, credit card-sized design. It fits easily into any wallet, pocket, or bag, making it extremely convenient to carry around without attracting attention.
Price
Prices start at $54.90 for a two-card set and $69.90 for a three-card set.
Customer Reviews
What People Like: Users generally find the Tangem Wallet to be a good product, especially when compared to other crypto storage options. It’s praised for its ease of use, which makes managing cryptocurrencies more straightforward.
What People Don’t Like: Several concerns regarding the Tangem Wallet’s security and suitability for long-term storage of large amounts of cryptocurrency have been questioned. Some users are wary of trusting the device to generate a secure seed phrase, as they cannot personally verify the randomness of the seed. The need to use Tangem’s app for seed generation and transaction signing also raises security concerns, especially for users who don’t want to input sensitive information into a smartphone.
Does This Hardware Wallet Meet Your Needs?
For anyone who wants to quickly and easily access their wallet on the go, the Tangem Wallet is a great option. Whether you’re managing multiple cryptocurrencies or just need a convenient way to keep your assets secure and accessible, this wallet offers both portability and ease of use.
Tangem Wallet: Key Traits Summary
CATEGORY | DETAILS |
---|---|
Features & Security | Credit card-sized, NFC technology; Military-grade encryption; Set of 2 or 3 cards |
Durability & Longevity | Flexible, water-resistant; No batteries or moving parts; Durable |
Has It Ever Been Hacked? | EAL6+ certified secure element chip; No known incidents of being hacked |
Ease of Setup | Tap the card on an NFC-enabled smartphone; No PINs or passwords are required |
Cryptos Supported | Supports 6,000 cryptocurrencies, ERC-20 tokens, and some NFTs |
Pros | Compact and portable; NFC for quick access; Affordable |
Cons | Limited to mobile access; Dependent on physical card integrity |
Portability & Discretion | Slim design fits in wallet or pocket; Highly portable and discreet |
Customer Reviews | Praised for ease of use; Concerns about long-term security and seed generation |
Suitability for Quick Access | Great for quick and easy access on the go |
Why Picking the Right Hardware Wallet is Crucial
For the security of your crypto assets, using the right hardware wallet for you is key.
Whether a true cold wallet like Material Wallets or an electronic wallet like Ngrave Zero, there is the perfect option out there for you.
Your crypto deserves the best security, and finding the best hardware wallet is the first step.
For those looking for the best deal…
For those looking for the best security…
The Final Round-Up
Through this guide and quiz, we hope that we’ve been able to share the best hardware wallets available for you and which ones best suit your needs.
Keep in mind security and your level of tech knowledge and risk tolerances to point you in the right direction.
0 Comments