The cryptocurrency market has been growing steadily for the past few years and with that, new and exciting opportunities have emerged. However, one of the most important aspects of investing in blockchain technology is safety-keeping your assets safe from hackers because once they get to you, it’s game over!
The “best cold crypto wallet 2021” is a list of the top ten cold storage wallets, rated and reviewed for 2022. These types of wallets are used by cryptocurrency investors to store their digital assets securely.
We’ve ranked and researched the top 10 cold storage wallets to help you select the perfect hardware wallet for your crypto assets.
What is a Cold Storage Wallet, and how does it work?
A cold storage wallet (also known as a hardware wallet) is a physical device that saves your bitcoin in a secure location. The possibilities of getting hacked are much lowered since cold storage wallets do not connect to the internet. By using this form of wallet, you do, however, trade up the convenience of having fast access to your cryptocurrency.
As a result, it could be a good idea to keep the majority of your cryptocurrency in a cold wallet and the balance in a hot wallet for day-to-day transactions. (Learn more in our guide to cold storage.)
The greatest cold storage wallets have been assessed and reviewed by our editors based on their popularity, adaptability, and price. Take a look at our top selections below.
Wallets with the Best Hardware
|Name||Year of Publication||Number of Assets Supported||Price ($)||The number of people who follow you on Twitter is the number of people who follow you on Twitter||Score|
|Nano X Ledger||2014||1,800||140||260,900||4.0|
|Model T Trezor||2014||1,200||213||157,700||4.0|
|CoolWallet Pro is a program that allows you to keep your is a program that allows you to keep your||2015||55||149||12,000||3.5|
Nano X Ledger
The Ledger Nano S was originally introduced in 2016, and it rapidly became a popular among digital asset owners. The most current iteration, the Ledger Nano X, has more features than the original (and less expensive) Nano S. The Nano X boasts a bigger screen and Bluetooth connection, as well as the ability to support up to 100 applications. It runs on Windows, Linux, macOS, Android, and iOS, and it lets you “HODL” over 1,800 digital items. (BMJ Rating: 4.0)
Model T Trezor
Another hardware wallet that immediately became popular among bitcoin investors was the first Trezor One, which was released in 2014. The Model T, the most recent variant, is black and has a color touchscreen. All input for the Trezor Model T is done via the device, which eliminates the possibility of a keystroke logger hacking it. Windows, macOS, Linux, and Android are all supported by the Trezor Model T. It supports over 1,200 different cryptocurrencies. (BMJ Rating: 4.0)
Ellipal Titan is a product of Ellipal, which was created in Hong Kong in 2018. The startup offers a hardware wallet that is air-gapped. To avoid distant assaults, Ellipal Titan is physically, electrically, and electromagnetically separated from other networks. Ellipal, on the other hand, solely employs QR codes to sign transactions since it is meant to be incompatible with wireless and Bluetooth connections. It has a 4-inch touchscreen and can accommodate up to 10,000 tokens and 41 blockchains. (BMJ Rating: 4.0)
The SafePal S1, which is backed by Binance Labs, is another hardware wallet on our list that employs a 100 percent offline air-gapped signature process, allowing the user true cold storage. It, like the Ellipal, works with QR codes and does not have USB, WIFI, Bluetooth, or NFC connectivity. The software is compatible with both iOS and Android devices. It supports over 30,000 digital items and is about the size of a credit card. (BMJ Rating: 4.0)
Opolo receives great rankings for security and usability. For starters, Opolo’s hardware and software have an EAL6+ (Evaluation Assurance Level) certification, which is the highest level of certification available for hardware wallets. Second, Opolo has a 3.2-inch LCD touchscreen that makes it simple to input passwords and other security information. Finally, it provides customers with five magnetic mnemonic cards on which they may save backup data. To recover your data, you’ll need at least three of these cards. There are now 126 currencies supported, with a maximum of 283,000 tokens. (BMJ Rating: 4.0)
The BitBox02 comes in two versions: a bitcoin-only edition and a multi-coin edition, unlike the Trezor Model T, which utilizes firmware to retain supported assets or bitcoin exclusively. They have the same retail price. A microSD card is included in both models for automatic backups. Windows, macOS, Linux, and Android are all supported by the BitBox02. Over 1,500 assets are supported by the multi-edition. (BMJ Rating: 3.5)
The Cool Wallet Pro is the size of a credit card and fits in any wallet. CoolBitX’s CoolWallet Pro is a Bluetooth-connected wallet that works with Android and iOS smartphones. It enables you to save 55 digital assets and is backed by some of the industry’s largest brands. (BMJ Rating: 3.5)
Arculus, which is fashioned like a credit card, is another air-gapped alternative. Three-factor authentication protects this cold storage wallet: a biometric lock, a 6-digit pin, and a tap-to-transact feature. Because your smartphone’s screen serves as the interface, interacting with and navigating transactions is more simpler than with most conventional hardware wallets. Through their app, users may transfer, trade bitcoin for cash, and swap crypto for crypto. Many popular digital assets are supported by Arculus, including bitcoin, Ethereum, Litecoin, and USDC. (BMJ Rating: 3.5)
The V20 and the less expensive W20 versions of Secux’s flagship cold wallet were just announced. The V20 has a beautiful rounded appearance, whilst the W20 has a more traditional rectangular form. Both have adequate screen sizes for navigating transactions. The networking of SecuX wallets is facilitated using Bluetooth and USB. Both the iOS and Android versions of the SecuX wallet app are available. Their hardware wallets can handle up to 500 accounts and support over 1000 coins. (BMJ Rating: 3.0)
The KeyStone Pro is another hardware wallet with a big full-color touch screen that resembles a smartphone. It’s another air-gapped device that doesn’t have NFC, WiFi, USB, or Bluetooth connection. You may use it with bitcoin-only or multi-coin firmware, much as the Trezor. The Keystone Pro has a fingerprint security feature if you choose it. There are two versions available: one that is less costly and one that is more expensive. The Pro edition supports over 1,000 digital assets and is compatible with Android and iOS devices. (BMJ Rating: 3.0)
Our top selections for industry-leading cold wallets that also score excellent grades for security, dependability, and popularity are the Ledger Nano X and the Trezor Model T.
Always purchase straight from the manufacturer. After you’ve set up your wallet, make sure you keep it safe, along with any backup or recovery codes. These information should never be shared with anybody since they may be exploited to get access to the cash in your hardware wallets.
We strive to deliver impartial and unbiased information on the rapidly expanding digital asset market at BMJ. Stay up to speed on current developments in the world of digital assets by subscribing to the Bitcoin Market Journal newsletter.
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Frequently Asked Questions
What is the best cold storage for crypto?
A: Since crypto is so volatile, it is best to keep your coins and tokens in a wallet that you control the private keys for. This way if there were any hacks or misappropriation of funds, then you would be able to recover them quickly with access to your own private key.
What is the best crypto wallet to have?
A: The best crypto wallet is a hardware wallet. A hardware wallet allows you to store cryptos on your computer or mobile device, which means that its more secure and less prone to hacking than other methods of storing cryptocurrencies such as an exchange account or software wallets like Electrum.
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