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Best Hardware Wallets

updated:
18. June 2022
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In this article, we will introduce the Best Crypto Hardware Wallets that we tested and are currently available on the market.

Crypto Hardware wallets are the solution for anyone serious about keeping Bitcoin and other cryptocurrencies in a secure place. Compared to centralized exchanges, where you do not own your private keys, hardware wallets (small physical devices) enable you to take control of your private keys and save them offline. Also, some software wallets also allow you to hold your own keys.

Don't forget: Not your keys, not your money!

We prepared the list of the 7 best crypto hardware wallets and looked into the most important features, ease of use, supported currencies, security, connectivity, and price.

We own a couple of hardware wallets, and while they serve the same purpose, their logic and security measurements differ. Depending on your preferences, we believe that you will find the most appropriate one for yourself.

Let's get right into it!

Best Crypto Hardware Wallets

  • Large touchscreen
  • Military-grade Infineon Secure Element chip
  • Supported on Windows, Mac OS, Chrome OS, Linux, iOS, Android
  • Compatible recoverability with BIP32, 39, and 44 standards

Supported Tokens

1000+

Price

119 USD

  • Support for Defi and NFT
  • Supports 5500+ coins and tokens
  • Increased device's volume compared to Nano S
  • Durable steel case

Supported Tokens

5500+ (including NFTs)

Price

79 USD (79 EUR)

  • air-gapped security cold wallet
  • big color LCD screen
  • open-source Firmware
  • 10000+ coins and tokens 
  • protects against remote and physical attacks
  • DApps and cold staking
Supported Tokens

10.000+

Price

119 USD

  • Secure hardware wallet
  • Easy to use software
  • Very affordable
  • Large display: Ideal for viewing long addresses
  • Aluminum Case
  • Open Source
  • Integration with ShapeShift non-custodial exchange
Supported Tokens

40+

Price

49 USD

  • This hardware wallet works entirely offline.
  • Supports major cryptocurrencies.
  • The team is working with experts in the field for the highest security.
  • The wallet is water and dust-resistant
  • Large touchscreen
Supported Tokens

Bitcoin, Bitcoin Cash, Ethereum, Dash, Zcash, Litecoin, Binance Coin, XRP, Dogecoin, and Groestlcoin +ERC20 tokens.

Price

523 USD (498 EUR)

  • Developed by Shift Crypto AD company with a good reputation
  • Easy setup
  • Great Security
  • Universal Two Factor (U2F) support
  • MicroSD backup options
  • OLED display
Supported Tokens

1500+

Price

131 USD (119 EUR)

  • Optional Bluetooth
  • Supports more than 5500 cryptocurrencies
  • Can connect with iOS
  • Battery, capacity u to 8h in standby
  • Durable steel case

Supported Tokens

1800+

Price

118 USD

  • Secure & affordable
  • Safely store 1000 + coins
  • Simple to use

Supported Tokens

1500+

Price

72 USD (69 EUR)

  • Color touchscreen available
  • Open-source firmware
  • Store cryptocurrency, passwords and other keys
  • Super secure and easy to use, also of EAL5+ certificate
Supported Tokens

1816

Price

260 USD (249 EUR)

Trezor Model T

Models: Trezor Model T and Trezor One

Supported Coins: 1816

Security: Open-source, personal 12 to 24 words long recovery seed, Bitcoin-only firmware, Shamir backup (Model T), U2F authentication, FIDO2 authentication (Model T), Encryption via GPG, SSH, microSD card (Model T)

Connectivity: USB

Price: 260 USD (249 EUR) for Model T, 72 USD (€69) for Trezor One

Quick Overview

Satoshi Labs launched the Trezor Hardware Wallet in 2014 in Prague, Czech Republic. The founder is Marek Palatinus. It is the first hardware wallet on the market and has become the industry standard. Trezor has a great company reputation.

Trezor Model T combines highly secured hardware and a touchscreen-based user interface.

It's an advanced and improved version of its predecessor, Trezor One. Model T supports over 1800 tokens and comes with an SD card slot to encrypt the PIN and added layers of security compared to competitors, e.g., Shamir's Secret Sharing method of splitting keys.

Model T has a colorful touchscreen without additional buttons that improve accessibility during the recovery seed process, done entirely on the screen.

You can connect your Model T to a computer or smartphone (not supported for iPhone) with Micro-USB. As an additional layer of protection, this device does not support Bluetooth connectivity. Model T communicates with your computer via Trezor Bridge app.

The wallet is compatible with 15 other wallets and exchanges.

All these features and reputation put the price tag a bit higher than some other available wallets. Recently the price of Model T jumped relatively high from the initial cost of around 180 USD, and it's at 260 USD for Model T at the moment.

Pros
  • Color touchscreen available
  • Open-source firmware
  • regular firmware updates
Cons
  • No mobile application
  • Plastic case
  • Price has gone up

Who is this wallet for, and how to set it up?

Model T is excellent for everybody hodling many different cryptocurrencies and looking for an industry-leading hardware wallet with a strong security track record.

Here are quick steps to set your Trezor Model T up:

Step 1: Connect your Trezor device to your computer using a USB cable.

Step 2: Visit https://trezor.io/start/ and select your Trezor model.

Step 3: Download and install the Trezor Bridge

Step 4: Install the latest firmware (If the firmware is already installed, do not use the device but contact Sathosilabs Customer support.)

Step 5: Create a new wallet. You get a recovery seed. Write it down and save it offline, in a safe place.

Step 6: To send crypto, scan the recipient's QR code or type in the address in the destination address area.

Main Features

  • Built-in colorful touchscreen for entering PIN and passphrase on the device itself.
  • You can connect Model T with Linux, macOS, Windows, and Android using an OTG cable.
  • You can use QR codes for sending and receiving cryptocurrencies
  • The industry standards for recovery seeds (BIP32, BIP39, BIP44) and the first hardware wallet with Shamir Backup (SLIP39)
  • Great security features, also of EAL5+ certificate
  • It serves as a U2F (Universal 2nd-Factor) hardware token.
  • Ability to buy cryptocurrencies with fiat currency and swap cryptocurrencies within the Trezor Suite app.

Ledger Nano S Plus

Models: Ledger Nano X and Ledger Nano S Plus

Supported Coins: Up to 100 apps installed on your device, among 5,500+ compatible crypto assets

Security: 24-word recovery phrase, Pin Code, Independently certified by ANSSI, Certified secure element (CC EAL5+)

Connectivity: USB-C

Price: 79 USD (79 EUR) for Ledger Nano S Plus and 149 USD (149 EUR) for Ledger Nano X

Quick Overview

Ledger is another known provider of hardware wallets on the market. The company was founded in 2014 in Paris, France.

Ledger devices, Nano S Plus, and Nano X are the most USB flash drive look-a-like, which makes them one of the smallest hardware devices.

Ledger Nano S Plus is the newer and updated version of its predecessor, Nano S, and features Defi and NFT support. We love the jump from Nano S to Nano S Plus, especially on the increased storage volume.

If the previous Nano S was limited storage-wise, you could now manage over 5,500 digital assets, and an increased device's memory lets you have up to 100 apps installed simultaneously.

You can send and sign all your NFT transactions with complete transparency in Ledger Live, and the larger 128x64 px screen enables you to communicate with the device more easily.

Nano S Plus supports a USB-C connection and no Bluetooth. Nano S Plus is robust in security and has a certified secure chip (CC EAL5+)

Pros
  • Support for Defi and NFT
  • Ledger Live app
  • Durable steel case
Cons
  • No touchscreen
  • Closed source firmware
  • Had a marketing database breached

Who is this wallet for, and how to set it up?

Ledger Nano S Plus is a great updated version of the older Nano S. It is great for everybody looking to store or trade many tokens, including NFTs, with an affordable, easy-to-use, secured hardware wallet.

Here are quick steps to set your Ledger Nano S Plus up:

Step 1: Connect the device to the computer or laptop using the micro-USB cable.

Step 2: Press the left or right button to navigate the on-screen instructions.

Step 3: Choose the option Set up as a new device.

Step 4: Setup 4-8 digit PIN

Step 5: Write down your recovery phrase and save it in an offline place.

Main Features:

  • Seamlessly store NFT assets
  • EAL5+ secured against penetration attacks.
  • It can be synced with Ledger Live, a desktop app for Ledger devices.
  • Supports over 5500 tokens

Ellipal Titan

Supported Coins: 10.000 + Coins and Tokens

Security: BIP39 mnemonic phrase, Airgapped, anti-disassembly feature, opensource

Connectivity: QR Codes

Price: 119 USD

Quick Overview

Ellipal Ltd was established in 2018 with HQs in Hong Kong. The company focuses on cryptocurrency security and blockchain services.

Their Titan is an air-gapped cold hardware wallet completely isolated from the network, protected from network attacks. The wallet communicates through QR codes, so there is no need for USB, Bluetooth, WIFI, NFC, or Cellular connection.

The hardware wallet case is made of aluminum and silicon with no ports. It is designed to protect against physical disassembly and supply chain attacks. In addition, the keys will be deleted if somebody tries breaking into or tampering with the device. It is also dust and waterproof.

It comes with a large screen touch that makes it convenient to use.

Ellipal Titan supports over 10,000 tokens and 40 blockchains, which is quite impressive. They are also constantly adding support for new ones. You can use the wallet with the Ellipal mobile app, available on iOS and Android.

The current price is 119 USD which we believe is a fair price point for an air-gapped wallet that supports numerous tokens.

Pros
  • air-gapped security cold wallet
  • big color LCD screen
  • open-source firmware
  • 10000+ coins and tokens
  • protects against remote and physical attacks
  • DApps and cold staking
Cons
  • firmware update is a bit more complicated
  • no desktop application

Who is this wallet for, and how to set it up?

Ellipal Titan is a great option for anyone looking for a completely offline hardware wallet for a high-security level and additional features like deep integration of Dapps. In addition, the price is competitive compared to other available wallets on the market.

Here are quick steps to set your Ellipal Titan up:

Step 1: Turn on the Ellipal Device

Step 2: Select your language

Step 3: Download your Android or IOS App

Step 4: Press 'Create account' and fill in the required information. Turn the passphrase on; this is crucial to recover your wallet.

Step 5: Press Backup now and write down your seed phrases (mnemonic words)

You can write them down on paper or, for example, on the Ellipal Mnemomic Metal.

Step 6: Verify the mnemonic words

Step 7: Select the cryptocurrencies you want to include and finish the setup process.

Main Features

  • Completely offline air-gapped hardware wallet
  • Supports over 10,000 tokens
  • Large touchscreen makes it convenient to use
  • Ellipal Titan Codebase is open-source
  • Over 200 Dapps available that you can use with your Ellipal Titan

Ngrave Zero

Supported Coins: Bitcoin, Bitcoin Cash, Ethereum, Dash, Zcash, Litecoin, Binance Coin, XRP, Dogecoin, and Groestlcoin. Also compatible with all ERC20 tokens.

Security: CC EAL7, CE, RoHS, FCC, 2FA Biometric Security, 64-character hexadecimal phrase (The Perfect Key)

Connectivity: Zero Online Connectivity, communication with the app through QR codes

Price: 523 USD (498 EUR)

Quick Overview

Ngrave was founded in 2018 in Antwerp, Belgium. The team behind it is determined to make the crypto world safer.

They created Ngrave Zero, the first crypto hardware wallet with the highest security certification in the world EAL7. For comparison, Ledger has EAL5.

Ngrave product suite consists of 3 products: Zero - the hardware (cold) wallet; Graphene - a fire-resistant, waterproof stainless steel backup cards; and Liquid - the mobile application.

As Ellipal Titan above, Ngrave Zero interacts only through QR codes, making the device completely offline and air-gapped. The device does not support Bluetooth or a USB connection. It comes with a USB-C charging port, also used to transmit firmware updates in a completely secure, isolated partition.

You can protect your Ngrave with the Perfect Key, a 64-character hexadecimal phrase for an additional layer of protection, or a 24-word mnemonic seed. It's called the coldest wallet for a reason.

While we love this level of security, Ngrave Zero comes with a high price tag. With 523 USD is one of the most expensive hardware wallets on the market.

Ngrave supports Bitcoin, Bitcoin Cash, Ethereum, Dash, Zcash, Litecoin, Binance Coin, XRP, Dogecoin, Groestlcoin, and all ERC20 tokens on the Ethereum network.

The large touch screen enables easy interaction with the device. Regarding connectivity, Ngrave Zero can only connect with the native Liquid mobile app.

Pros
  • This hardware wallet works entirely offline.
  • Supports major cryptocurrencies.
  • The team works with experts in the field for the highest security.
  • The wallet is water and dust-resistant.
  • Large touchscreen
  • Extremely secure
  • Large touchscreen
  • Comes with stainless steel recovery card
Cons
  • It is costly compared to other wallets on the market.
  • They haven't started shipping the product yet, so the user experience can't be evaluated.

Who is this wallet for, and how to set it up?

The Ngrave Zero has received the highest security certificate, so it's perfect for anyone holding a large sack of cryptos, and paying over 500 USD is a good investment.

Here are quick steps to set your Ngrave Zero up (protected by the Ngrave's Perfect Key):

Step 1: Verify your device via QR code

Step 2: Create a new wallet and select

Step 3: Choose a strong Pin-code

Step 4: Register your fingerprint

Step 5: Create your unique key

Step 6: Back up your recovery key

Step 7: Set up your dashboard and connect it with their native mobile app, Liquid.

Main Features

  • awarded with the highest security certificate
  • Zero-online connectivity
  • light sensor, biometric scanners, PIN protection, and tamper-proof
  • made of high-End military metals

KeepKey

Supported Coins: 40+

Security: 12-word security phrase

Connectivity: USB

Price: $49

Quick Overview

KeepKey was founded in 2015 in the US and was acquired by Shapeshift, a Swiss crypto exchange, in 2017.

You can integrate with Shapeshift exchange API, which allows you to exchange crypto assets using the KeepKey device.

KeepKey has a nice sleek design with a large screen (not touchscreen) and a button to communicate with the device and confirm commands. The rest of the device is managed through the app, like entering the PIN code and setting up the recovery seed.

KeepKey supports only about 40 currencies compared to other wallets, making it more attractive for beginners in the crypto space, hodling limited and more recognized coins like BitCoin, Ethereum, etc. On the other hand, it does not interact with many DeFi apps.

The device is quite big, so if you are looking for a more compact wallet, others from the list would be a better choice.

What we like about the KeepKey is the price point at 49 EUR - a fair price for what you get.

All transactions are done through Shapeshift app, and the wallet is compatible with Mycelium, MultiBit, MyEtherWallet, and Electrum wallets.

KeepKey is protected with a PIN code and backed with a 12-word recovery phrase you generate when setting up the wallet.

Pros
  • Secure hardware wallet
  • Easy to use software
  • Very affordable
  • Large display: Ideal for viewing long addresses
  • Aluminum Case
  • Open Source
  • Integration with ShapeShift non-custodial exchange
Cons
  • It supports a limited amount of currencies compared to other wallets
  • It can be heavy and bulky to carry around
  • It does not work with iOS

Who is this wallet for, and how to set it up?

Keepkey is excellent if you are a beginner looking for an affordable and safe wallet to start by diving in with the most known coins.

Here are quick steps to set your KeepKey up:

Step 1: Connect KeepKey via USB cable to your computer and select KeepKey in your Shapeshift account.

Step 2: Pair your device,

Step 3: Click on Download Updater App and follow the instructions,

Step 4: Select up to a 9-digit PIN code and confirm it.

Step 5: Write down your 12-word recovery sentence. This phrase displays only once, so write it down correctly and save it in a safe offline place.

Main Features

  • You can connect it with Shapeshift exchange.

BitBox02

Models: BitCoin-Only and Multi-Edition

Supported Coins: over 1500 cryptocurrencies

BitCoin-Only: BitCoin,

Multi-Edition: Bitcoin, Ethereum, Cardano, Litecoin, Polygon, BNB, Arbitrum, Optimism, Fantom Opera, and ERC-20 tokens

Security: Instant backup and recovery with microSD card + recovery phrase, ATECC608B; True random number generator (NIST SP 800-90A/B/C), BIP-39, open-source

Connectivity:  USB-C

Price: 131 USD (119 EUR)

Quick Overview

BitBox02 is a product of Shift Cryptosecurity AG, a company based in Zurich, Switzerland, founded in 2015.

The BitBox02 comes with 2 versions: BitCoin-Only with limited firmware for extra protection when holding your precious Bitcoin and Multi-Edition supporting over 1500 currencies.

The wallet has a USB-C connector, a card slot to insert a micro SD card for backup, and an OLED screen. It's made of durable polycarbonate material with built-in sensors around the device's edges.

You can connect the device with the desktop and mobile BitBox app, supported on macOS, Windows, Linux, and Android. Unfortunately, it's not supported on iOS.

You can set it up in a few minutes and connect it with their desktop and mobile BitBoxApp.

BitBox02 is open-source. The price for both Bitcoin only and Multi-Edition is 119 EUR / 131 USD.

Pros
  • Developed by Shift Crypto AD company with a good reputation
  • Easy setup
  • Great Security
  • Universal Two Factor (U2F) support
  • MicroSD backup options
  • OLED display
Cons
  • Limited support for altcoins
  • No support for IOS

Who is this wallet for, and how to set it up?

While it lacks the support for more currencies and third-party wallet integrations, it offers a wide range of the biggest ones you can store safely.

Here are quick steps to set your BitBox02 up:

Step 1: Download the BitBox app,

Step 2: Insert a microSD card & plug in your BitBox02,

Step 3: Install BitBox02 firmware,

Step 4: Confirm pairing code,

Step 4: Create a new wallet,

Step 5: Set your BitBox02 device password,

Step 6: Create your wallet backup, take the MicroSD card out and store it safely.

Main Features

  • You can backup instantly to a microSD card and can be managed from the desktop or mobile BitBoxApp.
  • It has easy to use interface.

SecuX W20

Models: SecuX Nifty, SecuX V20, SecuX W20, SecuX W10

Supported Coins: 1000+ Coins and Tokens

Security: Secure element: Infineon SLE Solid Flash CC EAL 5+, BIP32, BIP39, and BIP44 Standard 12, 18, 24 Recovery Words.

Connectivity: Bluetooth / USB-B connections (SecuX W20) / USB-C

Price: SecuX Nifty 199 USD, SecuX V20 139 USD, SecuX W20 119 USD, SecuX W10 69 USD

Quick Overview

SecuX is a blockchain organization based in Taiwan. It's relatively new in crypto, as it was founded in 2018. They introduced two wallets, W20 and the V20, and recently added SecuX Nifty - the world's first NFT hardware wallet.

We are adding the SecuX W20 to our list of best crypto hardware wallets due to their high-security features, supported currencies, and a price tag of 119 USD.

The device supports Bluetooth 5 and USB-B connection and has a large 2.8" Color touch screen, which resembles Ngrave Zero. For some, Bluetooth is a potential con in the security of the device, but SecuX has added 2FA to confirm access to prevent any malicious connections. The device is plastic but feels sturdy.

It supports BTC, ETH, XRP, BCH, GRS, LTC, and all ERC-20 tokens. The device can be accessed in multiple ways via BlueTooth using a mobile app and connecting to a PC or Mac (via USB and a web browser).

Pros
  • Large touchscreen
  • Military-grade Infineon Secure Element chip
  • Supported on Windows, Mac OS, Chrome OS, Linux, iOS, Android
  • Compatible recoverability with BIP32, 39, and 44 standards
Cons
  • Relatively new on the market

Who is this wallet for?

The SecuX is for anyone looking for a highly secured wallet with a large display for a more affordable price.

Here are quick steps to set your SecuX W20 up:

Step 1: Remove the tamper-proof seals and turn on the device,

Step 2: Select the "Get Started" button

Step 3: Create a PIN (4-8 digits) and name for the wallet

Step 4: Write down the recovery phrase and save it in a safe and offline place

Step 5: Your device is ready for use.

Main Features

  • It's a "Cross-Platform" device, as it connects or syncs with computer and mobile phone via USB or Bluetooth.
  • With the 2.8-inch color touchscreen, you can easily verify all transaction details and navigate your portfolio
  • Managing up to 500 accounts
  • Rechargeable Lithium Polymer Battery (600mAh) for up to 7 hrs. use.
  • The private key remains within the Secure Element chip and never leaves the device
  • Dynamic keypad for PIN entry which prevents breaking into the device by fingerprint tracing.
  • The wallet resets itself if there are more than 5 unsuccessful PIN entry attempts.

What is a crypto hardware wallet?

A small portable plug-in device and a hardware wallet can safely access your crypto assets anywhere. It's offline storage that keeps your private keys in a secure place.

Why do I need a crypto hardware wallet?

You can buy, store, trade, or send Bitcoins and other currencies without a hardware wallet. But if you want to increase your assets' security, you should invest in a good crypto hardware wallet.

Is a hardware crypto wallet worth it?

Definitely! Especially if you are holding considerable amounts of cryptocurrencies.

What happens if the crypto hardware wallet breaks?

If your wallet breaks or gets compromised, you can quickly recover all of your assets, as long as you have access to the recovery seed.

Conclusion

I hope my insights on the best crypto hardware wallets were helpful, and you have a better idea of which one is the best for you.

Do you already have your favorite wallet that you already use? Let us know in the comment!