The only way to truly protect your cryptocurrency investment from hackers, exchange outages, and your own potential paper hands, is with one of the best crypto cold wallets. Using a hardware wallet means that no one can access your Bitcoin, Ethereum and other cryptocurrencies without that specific hardware device or its backup seed phrase. With pin codes, passwords and biometrics, hardware wallets are the best way to protect your cryptocurrency tokens whilst making sure that those keys are yours and yours alone. Because remember, “not your keys, not your coins.”
Whether you’re looking for a USB hardware wallet to take with you wherever you go, or want a metal-stamped seed phrase reminder that will survive even if your house burned down, these are the best cold wallets you can use to protect your Bitcoin, Ethereum and other cryptocurrencies.
Note: This guide will include some big-box store links, but only to the official stores of the cryptocurrency wallet manufactures. Never buy wallets second hand or through third-party stores as you risk the device having been interfered with before arrival.
The Best All Round Cold Wallet
Trezor Model T
Satoshi Labs created the first real cold wallet (see below) and the Model T is a fantastic evolution on that design. It features the same excellent security as its predecessor with a more convenient touchscreen for inputs, and it has support for a broader array of cryptocurrencies. Along with top currencies like Bitcoin, Ethererum and Dogecoin, the Model T also supports Ripple (XRP), Cardano, and Monero, among more than 1,600 others.
The reason the Trezor name and design has lasted for well over half a decade and continues to top the lists of the best crypto cold wallets for cryptocurrencies is thanks to its excellent security and the Model T continues that pedigree. It secures your private keys on the device itself, making sure it’s impossible to retrieve them remotely. Your own personalized pin-number protects the device itself from interference, and the Model T’s code is is both open source and audited by security researchers to give you true peace of mind of its protections.
The device itself is sturdy and well built, plus it doesn’t have any kind of battery or wireless connectivity, so you can know that when it’s attached to your keyring or even tucked away in a safe, that there’s no way it can be accessed or attacked without your knowledge. Although there are some cold wallets which offer greater security, the Trezor Model T combines great security with ease of use in a way that is hard to beat.
The Cheaper Option
If you want the Trezor Model T, but think it’s too expensive, thne opt for the Model One. This is the original cryptocurrency hardware wallet and it shows, but that doesn’t make it any less secure. It doesn’t have a colorful touchscreen and doesn’t support as wide an array of cryptocurrencies, most notably XRP, but it still gets regular firmware updates, will give all the protection you need for Bitcoin and over 1,600 other currencies, and it’s much, much more affordable.
The Trezor One has the same pin-code security system as the Model T, and the same strong encryption. It can also tie in with popular software wallets like Electrum and Exodus for improved access and monitoring. Alongside its lower price compared to the Trezor Model T, it’s also much smaller, making it easier to fit it on your keyring or hide away in a small lockbox.
The Model One is no longer the best cryptocurrency wallet out there, but it’s still one of the best, and at this price, it’s one of the most affordable ways to securely protect your cryptocurrency investments.
The Most Secure Hardware Wallet
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