Looking for the best cold storage solution for your crypto holdings? Then, my friend, you are about to read just what you need.
You see, the cryptosphere is now full of different products when it comes to cold crypto wallets, but selecting the ultimate option among them that offers all of the best features and security is quite a task.
But you don’t need to wander around anymore; I am with the most logical and sensible comparison between the best cold wallets out there.
I will compare them in detail, highlighting all of their striking features, and letting you choose the best option that would fit your trading needs.
So without any further delay, let’s begin by listing these wallets now.
Best Cold Storage Wallet For Crypto
- Ledger Nano X
- Ledger Nano S Plus
- Trezor Model T
- CoolWallet Pro
- SafePal S1
- CoolWallet S
- Trezor One
- ELLIPAL Mnemonic Metal
- Mk4 COLDCARD
#1. Ledger Nano X
Beginning the list with one of the most famous options among hardware wallets, the Nano X.
Ledger SAS, the parent company, launched this amazing crypto wallet in 2019. These crypto wallets allow one to store and use 100 digital assets at the same time. The design is secure and robust, made of high-grade materials.
It comes with a large OLED screen 128×64 px and buttons to easily navigate through its functions. This hardware wallet comes with a CC EAL5+ certification level and ST33J2M0 chipset making it fast and lag-free.
This Ledger’s cold wallet supports over 5500 crypto assets with native support for BTC, ETH, LTC etc. It has an inbuilt 100 mAh battery which can last up to several hours on a single charge.
By using its Ledger Live application, you can select validators from a long list based on your preferences and continue to process transactions in the right way. Also, it helps to keep the blockchain decentralized and safe.
Finally, backing up your 12 or 24-word recovery seed is quite simple on it and must be done at the time of initial set-up of the device.
This seed can generate a private key for each of the individual public addresses for all the stored assets since it is also an HD wallet.
Additionally, this crypto wallet also comes with inbuilt Bluetooth support, which is end-to-end encrypted, making the wallet easy to use as well as secure. It can be easily connected to a mobile device and costs just $119 for such a feature-packed hardware wallet. You can learn more about the wallet, by checking this Ledger Nano X review.
#2. Ledger Nano S Plus
Another great offering from Ledger SAS is the Nano S Plus which is just the lower-ranged alternative to Nano X. This hardware wallet has a 123×64 px large screen and is 13 g lighter than Ledger’s flagship model.
The device comes with the same robust design as the Nano X, made of brushed steel and high-grade plastic.
It comes with the same CC EAL5+, and ST33K1M5 chipset as the flagship model. It supports all those 5500+ crypto assets and lets you use 100 of them simultaneously. But lacks Bluetooth and battery capabilities, which is not such a big deal for many crypto users.
Additionally, this Ledger crypto cold wallet can be integrated with its Ledger Live App making it compatible with a 64-bit desktop computer and any of your mobile devices.
Ledger Nano S Plus comes at a fairly reasonable price of just $79 and you can know more about it by checking the Ledger Nano S review.
#3. Trezor Model T
Another popular option among hardware wallets is Trezor Model T. Developed by SatoshiLabs in 2018 and since its launch gained a lot of popularity in a very concise time.
Model T is the next-generation cryptocurrency wallet that acts like a digital vault for your digital assets. It has a unique and robust design made up of high-quality materials.
These non-custodial wallets give you complete control over your crypto. Taking back-up of your public and private keys with this wallet is the easiest as you just are just required to back up your 12 or 18-word recovery seed.
You also get an option to set a mnemonic passphrase, giving you an extra layer of security. While using this hardware wallet, your private key never leaves your wallet, and you can access an interactive desktop interface to take complete control of your cryptocurrencies.
New to crypto wallets? Know Hot Wallet vs Cold Wallet differences
It comes with a microcontroller for generating and storing private codes, which is thoroughly peered reviewed and safer than secure element chips, which are more closed-source and not heavily peer-reviewed.
These cryptocurrency wallets support more than 1800+ digital assets and are used by millions worldwide. The Model T can easily be integrated with all the major crypto exchanges in the cryptosphere with ease.
However, it is recommended to purchase Trezor Model T or any other hardware wallet, for that matter, from their original website. Purchases made through other e-commerce sources, such as Amazon or eBay, have been reported as faulty, compromising crypto investor’s funds.
Moreover, the mobile wallet costs $181, which is quite a value for money for the features this wallet offers.
Next up is BitBox02, a unique open-source crypto wallet launched by Shift Crypto, a Switzerland-based company in 2016.
BitBox02 hardware wallet allows you to store the private keys for your cryptocurrencies offline, letting you manage your coins safely. These extremely compact cold wallets have been highly reputed by multiple major media houses like Business Insider, Forbes and many more.
This physical wallet is made of polycarbonate, weighs just 12g and measures 54.5 x 25.4 x 9.6 mm making it quite easy to carry
BitBox02 supports more than 1500 crypto coins on countless different blockchains. This crypto wallet is a simple yet powerful device. Whether you are new to trading or an expert, this wallet has all the features you need for financial independence.
This cold crypto wallet comes with a U2F authenticator, and BitBoxApp is at the centre of the BitBox ecosystem. It is an all-in-one solution to securely manage your coins.
BitBox02 offers a dual-chip design using an ATECC608B; 120 Mhz 32-bit Cortex-M4F secure chip. BitBox02’s hardware and software have been built from their base, prioritizing security, with multiple external security teams reviewing its design and implementation.
Backing up your seed phrase to a microSD card ensures that you won’t lose funds by accidentally writing down the wrong phrase. In addition to the microSD card backup, you still have the option to view and write down your 24 words recovery phrase after re-entering the device password.
All USB communication between the BitBox02 and your computer is encrypted using the noise protocol. Any malware sniffing the USB bus cannot decipher the communication between the host and the BitBox02.
With this wallet, you can seamlessly connect to any decentralized app on the Ethereum ecosystem, such as NFT marketplaces, decentralized exchanges (DEXs) and many more DeFi applications, while keeping your keys safely stored on the device.
This crypto storage wallet costs just $137.99, click below to buy one for you.
#5. CoolWallet Pro
Now let’s discuss one of the most recently launched, highly secure crypto wallets, CoolWallet Pro, which launched just a year back.
It is a credit card-sized wallet making it easy to carry around and fitting your pocket easily. CoolWallet Pro is seamlessly compatible with smartphones: Android 6+ or iPhone 5/ iOS 12.1+. Let’s look at its battery capabilities:
- Lithium-ion rechargeable battery
- Volt: 3V / Capacity: 15mAh
- Contact Charging: 2 hours to fully charge.
- Battery Life: Regular Use (>2 Transactions per day) roughly 2 weeks
- Standby Time: 3 months
CoolWallet Pro is CE and RoHS certified; this device is certified with
NCC- CCAF22LP0650T3. Additionally, it is also equipped with CC EAL6+ certification level.
Moreover, these cold wallets are equipped with encrypted Bluetooth connection for Android and iOS, enabling the most convenient crypto on-the-go experience.
It supports buy crypto, Binance DEX, WalletConnect, token-to-token exchange and many enhanced features to facilitate the support of DeFi protocols, NFT collectables, DApps, airdrops, and other emerging crypto products and services.
With CoolWallet Pro, you never miss another trading opportunity, and the good news is that it just costs $149.
#6. SafePal S1
Coming to SafePal S1, a famous option among crypto enthusiasts for storing public and private codes with top-notch security. SafePal has been in business since 2018 and is available in 196 countries worldwide.
SafePal is the first hardware wallet backed by the industry’s giant Binance. Currently, there are over 3 million users of this wallet which is equipped with the SafePal App, which comes with a straightforward UI, supporting over 10,000 cryptocurrencies to store, buy, manage, swap and trade in that single application.
SafePal S1 comes with an EAL5+ independent secure element, true random number generator, multiple layers of security sensor, and self-destruct mechanism for impenetrable security.
It is a truly designed cold air-gapped wallet with no Bluetooth, Wifi, NFC or USB connection capabilities. However, the device comes with a built-in camera for high-speed scanning of QR codes and a 1.3′ IPS screen.
SafePal S1 supports 33 blockchains and 30,000+ tokens as of now. It allows unlimited currency storage, and you can add and delete any token anytime you like.
Moreover, it has a compact design, being the size of a credit card, due to which you can carry it around with ease. SafePal S1 can be connected with a USB cable for charging, and its battery lasts up to 20 days on 10 minutes of daily use.
There are frequent updates on the token listing, so make sure to go through their website from the link below.
#7. CoolWallet S
CoolWallet S is the most accessible hardware wallet available in the market, which is an important reason for its popularity.
These cold wallets are the size of a credit card, making them easy to carry around. These crypto cold wallets support all the major cryptocurrencies. They are often regarded as the ultimate wallet for your Bitcoin, Litecoin, XRP, Bitcoin Cash, Ethereum, ERC20 Tokens, etc., allowing seamless conversions to fiat currency.
It can easily be integrated with other devices via its mobile app, giving you the opportunity to combine it with your mobile devices instantly. It connects with your mobile’s CoolWallet app giving you the seamless trading experience of using your coins on mobile without compromising the security of your private keys.
Also, like many other hardware wallets, CoolWallet S allows you to back up your recovery seed phrases and is trusted by more than 150,000 customers around the globe.
Lastly, it is a chargeable device with a contact charging feature that takes 2 hours until fully charged. This makes it the most advanced as well as the most incredible hardware wallet available right now in the market.
The CoolWallet S highly secure crypto wallet costs $99, which is pretty reasonable considering its feature-loaded offerings.
#8. Trezor One
Next up is yet another option from SatoshiLabs, this secure storage cold wallet, the company’s first flagship product launched in 2014.
These hardware wallets may seem a little older than the other options but let me tell you that these mobile wallets are pretty advanced and offer excellent usability in the cryptosphere.
The crypto storage wallet supports 1800+ crypto coins and works as your U2F hardware device. It comes with a beautiful high-definition display which means that you are entirely in control and informed about what you approve right on the wallet. The bright OLED display measures 128×64 pixels, which shows all the details needed to verify a transaction on a single screen.
Trezor wallets currently support all major computer operating systems: Windows (version 10 or newer), macOS (version 10.11 and higher), and Linux. With respect to mobile devices, Android is supported, but iOS and Windows Phones are not yet supported.
The device comes with the same 120MHz embedded ARM processor (Cortex) as the Model T and measures 60 x 30 x 6mm, weighing 12g.
A micro USB connector can connect it for connecting to the computer or mobile phone. With all these unique and state-of-the-art features, the Trezor One costs $57. So what are you waiting for? Get Trezor One by clicking the link below.
#9. ELLIPAL Mnemonic Metal
Next on the list is Ellipal Mnemonic Metal which is a simple yet unique and among the best cold wallets in the market.
Ellipal hardware wallet is a pocket-sized stainless steel device designed to securely store the critical data of your choice with no need for specialised tools or third-party involvement.
Allows 24-word mnemonic phrases and stores the first 4 letters of each word. Compatible with the mnemonic phrase from every BIP39 wallet, such as Ledger, Trezor and Trust Wallet. This wallet is fireproof, waterproof, mould-proof, insect-proof, and can survive in extreme conditions; you can hold on to it for a lifetime.
This wallet measures 85mm x 68mm x 8mm and weighs 88g. This wallet has a pretty solid build making it indestructible. Moreover, it is easy to set up and use. As well as it keeps your mnemonic phrase easily readable for a very long time.
These crypto wallets are available for just $49 and are available in two colour options; gold and grey. So, get your favourite Ellipal Mnemonic Metal now by clicking the link below.
#10. Mk4 COLDCARD
Finally, coming to the most recently launched and one of the best crypto wallets, the MK4 COLDCARD. This best crypto cold wallet was introduced this year with an exceptionally appealing, innovative and futuristic design line.
COLDCARD provides the world’s most trusted and secure way to store Bitcoin. It is a Bitcoin-only cold wallet which is easy to use and ultra-secure.
It provides the best Physical Security, storing your seed words are stored in exclusive chipsets designed solely to store your pin code and private key securely.
All of the wallet’s code is viewable, editable and verifiable as well as be compiled easily by yourself. It is the only signing hardware wallet with an option to remain unconnected to a computer for its entire life cycle: from seed generation to transaction signing and uses PSBT (BIP174) natively.
It comes with a full-sized numeric keypad that makes entering a PIN easy and quick. It has a bright 128×64 pixel OLED screen.
It shows all the details of your transactions which you can navigate easily. It also has a MicroSD card slot for instant backup and data storage. This allows it to function truly offline for signing by transferring the unsigned/signed transactions on sneakernet.
These distinctive features make it count among the best crypto cold wallets compatible with other software wallets connected to the internet, letting you exchange crypto with ease. This digital wallet costs just $147 and is offering a 5% discount currently; check them out now!
- What is the most secure cold storage crypto wallet?
Ledger Nano X takes the lead when it comes to the most secure cold crypto wallet. The unique and impenetrable security features these hardware wallets provide are just phenomenal.
Moreover, its Bluetooth connectivity is end-to-end encrypted, making it a pretty convenient and secure option among these best crypto cold wallets.
So, when it comes to security, you should definitely choose this hardware wallet.
- Are cold storage wallets worth it?
A straightforward answer to this is ‘A BIG YES’. This type of wallet keeps your private keys and crypto safe and secure from cybersecurity breaches or hacks.
Most hardware wallets use top-notch security features which eliminate the risk of malware affecting your wallet, like in the case of hot wallets.
These wallets keep your funds offline, eradicating any type of online theft. Moreover, they are also equipped with two-factor authentication, a pin code to unlock the device as well as self-destruct mechanisms, making them safe from physical theft as well.
- What is the best cold wallet for Ethereum?
Trezor Model T is the best option when it comes to the best cold wallet, specifically for Ethereum.
These popular hardware wallets come with some of the most advanced and striking features that come in handy while using them. It’s big, and the HD display makes it easy to navigate through the options and easily view your trading-related information.
This wallet’s security features are also top-of-the-line, which keeps your Ethereum coins safe and secure.
- Is cold storage the same as a wallet?
Cold storage is an offline cryptocurrency storage far safer and more convenient than a traditional paper wallet, hot wallet, or exchange wallet for your crypto.
Cold crypto wallets keep your funds stored offline, safe from cybersecurity breaches or malware. Moreover, these wallets require a pin code to unlock and are also built quite robustly, keeping your private keys safe all the time.
So, this was all about the best cold crypto wallets available in the cryptosphere. All the wallets I have enlisted are the best cold wallets, with some of the most advanced and unique features.
Choosing one among them will depend on your trading needs and your budget. So, without waiting, get your hands on these cold wallets and secure your crypto like never before.
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