Various bitcoin hardware wallets are now available to store your coins securely. The cryptocurrency world can be as dangerous as it is exciting. In the midst of all the scams, hacks and other types of schemes, it can be hard to find a secure place to store your hard-earned crypto assets. The safest option is to keep your private keys away from the internet so that hackers cannot steal them. That is why several companies developed USB wallets that allow you to store your bitcoin offline protect with strong encryption.
If you’re looking to get the best security the market has to offer, please read our review and comparison and find the best bitcoin hardware wallet. We own all reviewed devices. We will show you the top options to choose from; sorted by our recommendation.
Ledger Nano S Hardware Wallet
Ledger Nano S – this is a cryptocurrency hardware wallet to safely store Bitcoin, Ethereum, Litecoin and some other altcoins. It is the most popular among bitcoin hardware wallets out there.
Its hardware is based on robust safety features for securing digital payments and storing cryptographic assets. Nano S also embeds a secure display to double-check and confirm each transaction with a single tap on its side buttons. You can send and receive payments, check your accounts and manage multiple addresses for each currency from the same device. It connects to any computer via USB and simple software app. Thanks to the design, your private keys can never be reached by hackers. It is also allowing you restore all your assets in case of theft or loss.
Protect your Bitcoins and other digital assets from hackers and thieves. A hardware wallet is the best way to store your crypto safely.
Ledger Blue Hardware Wallet
Ledger has also Ledger Blue, high-end device with larger touchscreen to securely manage transactions and complex smart contracts.
We love this one, but it is also much more expensive than Nano S. It is a premium hardware wallet with an advanced user experience thanks to a large touchscreen interface. Ledger Blue features a secure element and includes all the security features expect from a hardware wallet.
The Ledger Blue supports 24 cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Altcoins. You can manage up to 11 assets simultaneously with the same hardware wallet.
Trezor Hardware Wallet
Trezor started as a prominent bitcoin hardware wallet, but the list of cryptocurrencies that this device supports is always growing.
Although we do not like the design and user experience of this hardware wallet so much, the use is relatively easy and intuitive. It is a single purpose device to make secure bitcoin transactions. With Trezor, transactions are safe even when initiated on a compromised or vulnerable computer. Each device has a PIN code, and if your hardware wallet gets stolen, thieves cannot misuse it to take your crypto. Due to design, even if the computer with which you use your Trezor gets hacked, the hackers will not know your PIN.
Keepkey Hardware Wallet
Keepkey – is a secure bitcoin, Ethereum and other altcoin (Doge, Dash, Litecoin) wallet that is simple and easy to use.
It works with the wallet software on your computer by taking over the management of private key generation, key storage, and transaction signing. Your private key is stored securely on your hardware wallet device, never leaving your Keepkey. It is also PIN-protected, to have an additional layer of security if it falls into the wrong hands. Its large display gives clarity to every digital asset leaving the device. Each transaction must be manually approved using the confirmation button.
Since you can store multiple digital currency on it, you can also do an exchange between assets directly on the device.
- See hardware wallets on Amazon.
- Second best option compared to bitcoin hardware wallets is to store your bitcoins in a paper wallet (better than leaving BTC on an Exchange). See paper wallet.
- Another option is to store BTC in a desktop wallet, we like Exodus (although you can run it only on one computer), many people like Jaxx (we don’t, as it is very slow).
- You may came across the term cold storage or cold wallet. This in general means that your private keys for crypto currencies are stored and created offline. The easiest way to do this for a beginner is to use a hardware wallet.
- See also our bitcoin wallets article for additional information.
Still thinking? Not impressed by bitcoin hardware wallets?
In contrast to the various pieces of software and web services that allow you to store your bitcoins, a hardware wallet is much more secure. Software and web-based solutions keep your coins signing keys either on your computer or on the Internet. To the contrast on a hardware wallet, the key never leaves your device. If you purchased more significant sum of cryptocurrencies, you need a secure and reliable platform to protect your funds.
There are also scam cases where wallets get compromised and owners regret not to have their precious crypto’s stored in cold storage hardware wallets.
- Cryptocurrency hardware wallet Ledger announced support for several popular cryptocurrencies for its Ledger Nano S device, with the most notable one being EOS. The Ledger Nano S also added support to Hycon, Waves, Rise, FIC Network, Pirl, and Akroma. [2018-09-09].
- ShapeShift has acquired bitcoin hardware wallet startup Keepkey. ShapeShift will continue to use the KeepKey brand, and its staff will stay to continue working on the hardware product line [2017-08-18].
Partly or Fully Updated on