LIST | A Look At the Coolest Hardware Wallets that Also Help Secure your Cryptocurrencies

Hardware wallets are physical devices that help you store sensitive private key information on a device that isn’t routinely connected to the internet.

Hardware wallets (also referred to as cold wallets) differ from hot wallets, which are connected to the internet and usually convenient to use. That said, hot wallets are vulnerable to online attacks; examples include web-based, mobile, and desktop wallets.

Cold wallets cost more than hot wallets, in part because you’re buying an actual, physical product. When you’re comparing crypto wallets, you may want to consider details such as price and security measures. If you also use a hot wallet, you should check to make sure the hardware you’re considering will work with your software wallet.

Below we look at 6 top-of-the-range hardware wallets in the market today.

Ledger


Ledger is one of the best-known names in crypto wallets. Its prices range from around $80 to $200 and Ledger can integrate with many popular software wallets.

With the Ledger Nano Wallets, your private keys are seen by you alone through the OLED screen of the device. It is not accessible through your personal computer neither can it be copied. This leaves your private keys safe right on the device for your eyes alone to see.

Ledger has a highly-rated mobile app, plus a dedicated desktop app, and its developers are in the process of rolling out a browser extension. Ledger also has two-factor authentication available, and a library of educational content for users.

Trezor


Trezor offers some of the highest-end hardware available in crypto storage. While its entry-level model (the Tezor Model One) costs around $60. Other models are the Trezor Safe 3 ($79) and the Trezor Safe 5 which goes for $169, all prices as listed on the website.

Trezor features a minimalistic design, clean UI, and built-in display that shows you all the information you need to confirm a transaction. Moreover, it also has a robust security system that includes a pin code and a recovery seed.

It has integrations with other crypto firms such as Exodus, though it also provides built-in services such as staking and crypto purchases through its software products. It has a desktop offering, as well as a mobile app (Trezor Suite Lite) for Apple and Android.

BitKey


BitKey is a safe, easy way to own and manage bitcoin. It’s a mobile app, hardware device, and a set of recovery tools, for simple, secure self-custody.

BitKey customers have even more options to buy bitcoin their way using MoonPay which has integrated with popular payment methods like debit and credit cards, Apple Pay, Google Pay, and bank transfers. Bitkey users can see MoonPay appear alongside Cash App and Coinbase to purchase bitcoin.

Bitkey recovery tools help you recover your bitcoin if you lose your phone, hardware, or both, without needing a seed phrase. Use the app to send, receive, and transfer bitcoin safely on the go. For added protection, you can set a daily spending limit on your phone.