Top Cold Wallets

Saving your cryptocurrency in cold wallets is a fundamental security measure in the world of digital currency, and its importance cannot be overstated. Here are several reasons why using cold wallets is essential for anyone holding cryptocurrency:

Best Cold Crypto wallets

  1. Enhanced Security: Cold wallets, also known as hardware wallets or offline wallets, are not connected to the internet. This makes them immune to online hacking attempts, phishing scams, and other forms of cyber theft that hot wallets (online wallets) are vulnerable to. By storing your crypto assets offline, you significantly reduce the risk of unauthorized access and theft.
  2. Ownership Control: With cold wallets, you have complete control over your crypto assets. Unlike keeping your cryptocurrency on an exchange or online wallet service, where the service provider has some level of control over your assets, cold wallets ensure that you are the sole owner with access to your funds. This level of control is crucial for the decentralization principle that underpins the philosophy of cryptocurrency.
  3. Protection from Unauthorized Transactions: Since cold wallets require physical access to make transactions, they protect your assets from unauthorized or accidental transactions that could occur if someone gains access to your online wallet or exchange account. This physical barrier adds an extra layer of security for your funds.
  4. Durability and Recovery: Cold wallets often come with recovery phrases or backup options that can be used to recover your funds if the device is lost, stolen, or damaged. This feature ensures that your assets are not only safe from digital threats but also from physical mishaps. The durability of hardware wallets also means they are designed to last, providing a long-term storage solution.
  5. Peace of Mind: Knowing that your cryptocurrency is stored in a device that is not continuously exposed to the internet can provide significant peace of mind. In an era where digital security breaches are common, the assurance that comes with using a cold wallet is invaluable for both new and experienced crypto users.
  6. Versatility and Support: Many cold wallets support a wide range of cryptocurrencies, making them a versatile option for investors holding multiple types of digital assets. This versatility, combined with user-friendly interfaces, makes managing your cryptocurrency portfolio straightforward and secure.

In conclusion, the importance of using cold wallets for storing cryptocurrency lies in their unmatched security features, control over your own assets, protection from unauthorized transactions, durability, and peace of mind they offer. As the digital currency landscape continues to evolve, the use of cold wallets remains a best practice for anyone serious about safeguarding their crypto investments.

Ledger Nano S Plus – Top Cold Wallet Price – $79

Our analysis shows that the Ledger Nano S Plus stands out as the premier choice for cold wallets, excelling in numerous key areas. This wallet exemplifies the blend of high security and affordability in cold storage solutions. Priced at a modest $79, Ledger’s introductory model offers a compelling array of features that closely rival those of the Trezor Model One.

During the initial setup, users are presented with a 24-word backup passphrase shown directly on the device’s screen, alongside the requirement to establish a memorable PIN. This PIN is crucial for approving transactions, and in cases where it’s forgotten, access to the device is still possible through the backup passphrase.

In the unfortunate event that the Ledger Nano S Plus is either lost, damaged, or stolen, there’s a provision for remote recovery. It boasts compatibility with over 5,000 cryptocurrencies spanning various networks, including but not limited to Bitcoin, Polkadot, Binance Smart Chain, XRP, and Ethereum.

Furthermore, this cold wallet integrates seamlessly with Ledger Live, an application and desktop platform that enhances its functionality. Users can engage in staking to accumulate passive income, swap tokens, and even purchase cryptocurrencies using fiat currency. It’s important to note that while Ledger Live broadens the wallet’s capabilities, some of the additional services are provided by external parties and may incur fees.

Ledger Nano S Plus

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
A hardware wallet complemented by a mobile app and desktop software for investment management. Features non-custodial storage. Over 5,000 cryptocurrencies across multiple blockchains, including Bitcoin, Ethereum, Polkadot, and Binance Smart Chain $79 to buy the device.  Token swaps, staking, and fiat purchases are provided by third parties. Yes Yes, provided by third parties. Varies by cryptocurrency and external provider.

ELLIPAL Titan – Possible Best Crypto Cold Wallet

The ELLIPAL Titan stands out as a leading cold wallet option, featuring a durable 4-inch metal body, 259 hours of battery life, and a lightweight design at 340g. It secures transactions using air-gapped technology, eliminating the need for Bluetooth, WiFi, or any other connections. Transactions are verified through a 5M AF camera by scanning QR codes from its app, offering a secure and innovative approach to transaction verification. The wallet supports unlimited storage, allowing for the creation of numerous wallets. It’s compatible with over 52 blockchains and supports more than 10,000 cryptocurrencies, including Bitcoin, ERC20, and BSC tokens.

The accompanying ELLIPAL Titan app enriches user experience with features that facilitate interaction with the blockchain ecosystem. It integrates with Changelly for fiat-to-crypto transactions and offers staking options for various coins like Cardano, Cosmos, Polkadot, and Tezos. Additionally, it provides connectivity to decentralized applications (dApps) through MetaMask or WalletConnect, broadening its utility and access within the blockchain space.

ELLIPAL Titan

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware wallet with an app and cameraNon-custodial storage Over 10,000 cryptocurrencies across 52 blockchains, including Bitcoin, Ethereum, Solana, and Binance Smart Chain $139 to buy the device.Fiat money payments are supported by Changelly (fees built into the price). Yes Yes, supports Cardano, Cosmos, Polkadot, and Tezos Up to 10%

Trezor Model One – Top Crypto Wallet Priced at $69 – Best Crypto Wallet Price/ Performance

Despite being Trezor’s base model, the Trezor Model One delivers robust security akin to its higher-end counterparts. It manifests as a tangible device protected by a customizable PIN ranging from 4 to 50 digits, essential for transaction verification. This design ensures that authorizations cannot be executed remotely, adding an essential layer of protection. Upon setup, users receive a backup passphrase, either 12 or 24 words long, critical for account recovery if the PIN is forgotten or the device is misplaced or stolen.

Additionally, the Trezor Model One integrates seamlessly with the Trezor Suite, enhancing user experience by allowing cryptocurrency management on both laptops and smartphones, supported across Windows, Linux, Mac, iOS, and Android platforms. It’s important to note, however, that all outbound transactions still necessitate PIN entry directly on the device.

Supporting nearly 1,300 cryptocurrencies, including major ones like Bitcoin, Ethereum, and XRP, the Trezor Model One is comprehensive in its utility. The primary limitation is the absence of staking functionality, which is available on the pricier T Model at $219. Nonetheless, for those prioritizing long-term security, the Model One’s $69 price point represents substantial value. Additionally, the device ensures direct GAS fee payments to blockchain miners, avoiding any extra charges.

Trezor Model One

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
A hardware wallet complemented by a mobile app and desktop software for investment management, offering non-custodial storage. Nearly 1,300 cryptocurrencies, including Bitcoin, Ethereum, and XRP The device costs $69, with GAS fees based on real-time rates set by miners. Fiat transactions incur up to 5.75% fees through third-party processors. Yes No N/A

Trezor Model T – Crypto Cold Storage Device With a Touchscreen 

The Trezor Model T ranks highly among the best cold wallets, positioned as Trezor’s premium offering at $219. It retains core security features of the Model One, including offline storage and encrypted key protection, but introduces a touchscreen interface, enhancing transaction ease compared to the Model One’s two-button design. Additionally, it features USB type-C connectivity and extends support to 167 more cryptocurrencies than its counterpart.

A standout addition to the Model T is its built-in staking capability, catering to popular staking options like Cardano and Tezos, although it does not yet accommodate Ethereum 2.0 staking. Similar to the Trezor One, the Model T enables cryptocurrency purchases and exchanges, with these services being offered by external parties often at substantial fees.

Trezor Model T

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
A hardware wallet with a mobile app and desktop software for investment management, featuring non-custodial storage. Over 1,450 cryptocurrencies, including Bitcoin, Ethereum, and XRP The device is priced at $219, with GAS fees aligned with miners’ real-time quotes. Fiat transactions are subject to up to 5.75% fees through external processors. Yes Yes – supports Cardano and Tezos. Determined by the proof-of-stake network. GAS fees apply.

Ledger Stax – Offline Crypto Storage With Bluetooth Support and Wireless Charging 

The Ledger Stax stands as Ledger’s most premium offering, priced at $279, a significant increase from the Nano S’s $79. A key upgrade is the inclusion of Bluetooth connectivity, enhancing ease of use with the Ledger Live software. It also introduces wireless charging and features a curved touchscreen, streamlining transaction verification on the device.

Other innovations encompass customizable lock screens and integrated magnets. Although these enhancements may not warrant the $200 premium for some, the Ledger Stax has already hit its pre-order cap, indicating high demand and resulting in a waitlist for interested purchasers.

Ledger Stax

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
A hardware wallet with a mobile app and desktop software for investment management, offering non-custodial storage. Supports over 5,000 cryptocurrencies across various blockchains, like Bitcoin, Ethereum, Polkadot, and Binance Smart Chain. $279 to buy the device.  Token swaps, staking, and fiat purchases are provided by third parties. Yes Yes, provided by third parties. Depends on the cryptocurrency and the third party.

Blockstream Jade – Great Price High-Security Wallet With User-Friendly Features

The Blockstream Jade wallet offers an economical and compact solution for Bitcoin and Liquid Network aficionados, with a price point of $64.99. Its design incorporates a 29 mm IPS LCD within a sleek matte black casing, balancing ease of use with robust functionality. Prioritizing security, the Jade wallet features offline storage for keys, a secure hardware element, and Multisig Shield for enhanced protection.

A standout feature is its air-gapped transaction capability, enabled by an integrated camera for scanning and displaying QR codes, thus bypassing the need for less secure USB or Bluetooth connections. The wallet’s open-source framework fosters transparency and encourages community input, though its use is specifically geared towards Bitcoin and Liquid Network currencies such as Liquid Bitcoin (L-BTC) and Liquid-based Tether (USDt).

Compatibility extends to Blockstream Green software on both mobile and desktop, offering functionalities like Singlesig and Multisig setups, adjustable fees, Tor integration, and the ability to manage multiple wallets. Moreover, it introduces innovative security strategies like decoy wallets to mislead attackers and a self-destruct feature for the PIN after three failed attempts, ensuring a high level of security against unauthorized attempts to gain access.

Blockstream Jade

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware Bitcoin, Liquid Network assets (L-BTC, Liquid-based Tether) None (except initial purchase cost) Yes NA NA

NGRAVE – High Security Wallet And Supports 1000+ Cryptos

The NGRAVE ZERO wallet, a pioneering hardware wallet from Belgium introduced in mid-2018, is distinguished by its unparalleled security credentials, notably being one of the first financial products worldwide to secure the EAL7 certification, the highest security standard for crypto cold wallets.

A hallmark of the NGRAVE ZERO is its completely offline operation, negating the need for USB or network connectivity. Transaction signing is facilitated through QR codes, interfacing with the NGRAVE Liquid app, thereby ensuring all critical operations like private key generation and safeguarding are conducted in a secure, isolated manner.

The wallet supports an extensive array of over 1,000 cryptocurrencies, including leading ones like Bitcoin, Ethereum, ERC20 tokens, and NFTs, catering to a wide range of user needs. It features a user-friendly interface with a 4-inch color LCD touchscreen, enhanced by a 1200 mAh battery, an integrated camera, and a fingerprint scanner to fortify security further.

Crafted with a focus on aesthetics and resilience, the NGRAVE ZERO’s design is sleek, sturdy, and resistant to water and dust, mirroring the quality of a premium smartphone. However, this high level of security and design sophistication comes at a cost, with the device itself priced around $398, and a comprehensive package that includes the NGRAVE Graphene, a backup solution for keys, available for an additional fee.

NGRAVE

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware Over 1,000 (incl. Bitcoin, Ethereum, ERC20 tokens, NFTs) None (except initial purchase cost) Yes NA NA

BitBox02 – User-Friendly Wallet With High Security And A Built In USB-C Connector

The BitBox02, crafted by Shift Crypto in Switzerland, is a hardware wallet designed for the secure storage of Bitcoin, Ethereum, Litecoin, and Ethereum tokens. With a price tag of approximately $120, it offers an economical option within the crypto hardware wallet landscape.

Featuring a contemporary design, the BitBox02 is equipped with an OLED display and touch sliders for user-friendly operation. A notable feature is its integrated USB-C connector, facilitating seamless connection with modern computers and smartphones.

The setup process is streamlined through the BitBoxApp, compatible with Windows, Mac OS, Linux, and Android, involving password creation and wallet backup on a microSD card. This method represents a shift from traditional seed phrases, though the use of a seed phrase remains advisable for enhanced security.

The wallet employs a secure chip (ATECC608A) for protection, and its open-source nature welcomes scrutiny by security experts, bolstering its trustworthiness. Privacy measures include Tor and full node connections, safeguarding user data such as IP addresses. Additionally, the BitBox02 doubles as a FIDO Universal 2nd Factor (U2F) authenticator, offering an extra layer of security across various services. Its compatibility with USB-C enhances its usability across a broad spectrum of contemporary devices.

BitBox02

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware Bitcoin, Ethereum, Litecoin, Ethereum tokens None (except initial purchase cost) Yes NA NA

COLDCARD – Cold Wallet Exclusively Only Bitcoin With Micro-SD Support and Strong Security Features

The COLDCARD wallet, tailored specifically for Bitcoin, stands out in the cold wallet sphere for its strong emphasis on security. Its Bitcoin-exclusive design streamlines operations and minimizes the risk of attacks, unlike multi-cryptocurrency wallets that have a broader attack surface.

A key feature of the COLDCARD is its support for air-gapping, enabling it to function entirely offline and shield against online security threats effectively.

The inclusion of Micro-SD card support enhances the backup process, allowing for straightforward backup of the wallet’s seed phrase, eliminating the need for manual note-taking.

Notably, the COLDCARD wallet integrates distinctive security measures such as the Duress Pin, which grants access to a decoy wallet, and the Brick Pin, which renders the device inoperative as a last-resort security measure.

The latest COLDCARD Mk4 model boasts a USB-C connection, broadening its compatibility with a range of devices. Additionally, its design features a clear plastic casing, facilitating easy inspection for physical tampering, further contributing to its robust security profile.

COLDCARD

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware Bitcoin only None (except initial purchase cost) No NA NA

Opendime – Bitcoin Cold Wallet With A Simple User Interface And High Security

The Opendime wallet, affectionately dubbed the “Bitcoin Stick,” introduces a distinct concept to hardware wallets with its exclusive focus on Bitcoin, marrying simplicity with robust security. Mimicking the form of a USB stick, it is compact, easy to carry, and designed for user convenience. It functions as a single-use wallet, wherein Bitcoin can be loaded once for subsequent off-chain spending, with the v4 iteration enhancing its resistance to tampering.

A hallmark of Opendime is its facilitation of private, anonymous transactions, akin to physical cash exchanges. This feature not only bolsters privacy but also contributes to solving scalability challenges by reducing the strain on the network. Apart from the initial purchase price, transactions via Opendime incur no additional fees.

A critical characteristic of Opendime is its single-use mechanism; revealing the private keys (achieved by physically altering the device) renders it void for further use as a Bitcoin wallet, thereby emphasizing its role in secure, tangible transactions. This wallet is specifically tailored for Bitcoin enthusiasts.

Sold in packs of three, Opendime offers a cost-effective solution for Bitcoin transactions. Its user interface is enhanced by an intuitive LED indicator for status updates and supports multiple languages, making it widely accessible and user-friendly.

Opendime

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware Bitcoin only None (except initial purchase cost) No NA NA

CoolWallet Pro – Providing the Perfect Balance Between Security and Convenience 

The CoolWallet Pro is designed to strike an optimal balance between security and practicality, offered at a retail price of $149. It is paired with a dedicated mobile app available for both iOS and Android platforms, allowing users to set up transactions via the app and then authenticate them on the device itself.

Connectivity between the CoolWallet Pro device and its app is secured through encrypted Bluetooth, eliminating the necessity for a USB cable for transactions. Additionally, its compatibility with WalletConnect enables seamless interaction with decentralized applications (dApps) such as OpenSea and UniSwap.

A significant advantage of the CoolWallet Pro is its support for 27 blockchain networks, encompassing over 12,000 cryptocurrencies, including major ones like Bitcoin, Ethereum, BNB, Polkadot, Cardano, and Solana. The device is noted for its slim, credit card-like design, making it highly portable and convenient to carry.

CoolWallet Pro

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware Over 12,000 cryptocurrencies across 27 network standards. The device costs $149. Fees for token swaps and DeFi tools depend on the specific dApp used. No, but comes with a USB connector for smartphones Supports Everstake and Lido for staking, with compatible coins including Ethereum, Cardano, Cosmos, Solana, and Tezos. Determined by the chosen proof-of-stake network

SafePal S1 – Low-Cost Cold Wallet Secured by Air-Gapped Signing Mechanism

Priced affordably at $49, the SafePal S1 stands out for its top-tier security features, notably its air-gapped signing mechanism. This advanced feature enables users to authorize outgoing transactions without needing a physical cable, Bluetooth, or WiFi, enhancing security.

Users initiate transactions through the SafePal S1 app or browser extension, compatible with iOS, Android, Chrome, Edge, and Firefox. After inputting transaction details, SafePal S1 generates a unique QR code. The user scans this QR code using the SafePal S1 device’s built-in camera.

Transaction confirmation is secured by entering a PIN on the SafePal S1 device. Additionally, SafePal S1 supports an extensive array of cryptocurrencies across various networks, including Bitcoin, Ethereum, Fantom, Optimism, Polkadot, Polygon, and Binance Smart Chain, making it a versatile choice for crypto enthusiasts.

SafePal S1

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Hardware wallet with an -built cameraNon-custodial storage Supports over 30,000 cryptocurrencies on various networks, including top emerging cryptocurrencies. $49 to buy the device. 0.3% token swap fee. Fiat payments go through Simplex, so fees will average 3.5-5% Yes Features built-in staking and yield farming tools via Binance Earn. Depends on the specific cryptocurrency and product.

SecuX V20 – One Of The Top Cold Wallet Device Supporting Over 10,000 Cryptocurrencies

For investors with a diverse portfolio, the SecuX V20 cold wallet is an ideal choice due to its broad compatibility, supporting over 300 blockchain networks including Bitcoin, Ethereum, Binance Smart Chain, Litecoin, Solana, Dash, and XRP.

Priced at $139, the hardware device features a 2.8-inch touchscreen interface, larger than many counterparts, enhancing ease of use for transaction processing. Additionally, the ample screen size conveniently showcases portfolio balances, detailing both the cryptocurrency type and token quantity.

To initiate transfers, users input transaction details into the SecuX V20 app or website, with a secure Bluetooth connection facilitating communication. Confirmation of transactions requires the user to enter their PIN directly on the device. The SecuX V20 is equipped with USB type-C connectivity for additional options, and during setup, users are given a backup passphrase for recovery purposes.

SecuX V20

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
A hardware wallet featuring app and web interfaces for transaction management and non-custodial storage. Over 10,000 cryptocurrencies across 300 blockchains, including Bitcoin, Solana, XRP, and Ethereum The device is available for $139. Purchases of select cryptocurrencies can be made using a debit/credit card through the Coinify service. Yes Yes, but currently only supports FIO tokens APYs not published by SecuX V20

KeepKey – A well-regarded hardware wallet for integrating cold storage with Web 3.0 applications

KeepKey stands out as a premier cold wallet for engaging with Web 3.0 decentralized applications (dApps) securely. Users can connect to these services through two main methods: by installing the KeepKey Client software on desktop devices supporting Windows, Mac, or Linux, or by linking the KeepKey device to a smartphone using a USB cable. Both methods utilize a WalletConnect string for connection confirmation, which must be authorized on the KeepKey device itself, ensuring secure access to a wide range of dApps such as UniSwap, OpenSea, Aave, and Yearn.finance.

This setup not only facilitates secure token swaps but also allows users to participate in staking, offering a decentralized approach to earning rewards. Security is a top priority for KeepKey, which provides a 12-word recovery phrase for wallet recovery and maintains an air-gapped operation from the internet, even during Web 3.0 interactions. With support for over 7,200 cryptocurrencies across 348 networks, KeepKey is a comprehensive solution for users. Moreover, it’s an economically appealing option, retailing at just $49, making it an attractive choice for budget-conscious individuals seeking robust cold storage solutions.

KeepKey

 

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
A hardware wallet with desktop software for investment management, featuring non-custodial storage. Over 7,200 cryptocurrencies across 348 network standards. The device costs $49. Fees for token swaps and DeFi tools vary based on the dApp connected. No, but comes with a USB connector for smartphones No, but connects to dApps N/A

BitAddresses – One Of The Best Free Alternative to Hardware Wallets 

BitAddresses emerges as an ideal solution for budget-conscious investors seeking cold storage, thanks to its unique offering of paper wallets. Unlike the hardware wallets previously discussed, BitAddresses facilitates completely offline cryptocurrency storage at no cost.

The service enables users to generate a Bitcoin wallet address and corresponding private keys, which are presented as QR codes. Users can then transfer Bitcoin to this address and print both the address and public keys on paper. This printed paper serves as the cold storage medium and should be kept securely.

Paper wallets, like hardware options, remain entirely offline, making them a secure choice for storing funds. However, it’s crucial to verify the accuracy of the QR codes before moving any Bitcoin to ensure accessibility. While BitAddresses is exclusive to Bitcoin, users have the flexibility to transfer their holdings by importing the private keys into a different wallet, offering a simple yet effective way to manage Bitcoin storage.

BitAddresses

Type of Wallet Supported Cryptos Fees Mobile App? Staking/Interest? Staking/Interest Rate
Paper walletNon-custodial storage Bitcoin None No No N/A