The number of hardware wallets has proliferated with the number of cryptocurrencies in recent years. Today, consumers get pleasure from an unprecedented choice of hardware devices on that to store their bitcoin and altcoins, though market-leaders Ledger and Trezor still dominate. For anyone agonizing over the best device for their desires, the subsequent models are worthy of consideration.
Best portable Wallet: Coolwallet S
While all of the devices featured here are sufficiently small to be portable, only the Coolwallet S is little enough to slide into your wallet alongside your credit cards. A marvel of engineering, its wafer-thin design and e-paper show allows you to visualize your balance and send and receive BTC, BCH, ETH, LTC, and XRP on the go. The device connects to the Coolbitx mobile app via Bluetooth, obviating the requirement for a personal computer altogether. Its slender profile and mobile-friendliness create the Coolwallet S the most effective of the major hardware devices for choosing and using in everyday life.
Best Multi-Currency Wallet: Ledger Nano S
No alternative hardware wallet will match Ledger’s trusty Nano S for multi-currency compatibility. The French manufacturer is consistently adding new coins, with the most recent additions now earmarked for release on the first tuesday of every month. The inaugural edition of #FirstTuesdayCrypto saw poa, Icon, Vechain, Wanchain, Ontology, Kowala, Particl and RSK added. In addition to supporting ERC20 tokens, Ledger’s Nano S has support for an ever-growing list of cryptocurrencies. If you carry a various portfolio of coins and need the convenience of storing them on one device, the Nano S is your best bet. Despite some grumbles with its Chrome software and Ledger Live desktop software, the Nano S remains a extremely regarded device.
Best no-nonsense Wallet: Keepkey
Keepkey’s hardware wallet is no nonsense in that it works straight out the box, and is strong enough to handle most things life may throw at it. Its angular design makes it less pleasing to behold than the Coolwallet, and its basic features mean it’s less elaborate than the Ledger Nano S. There’s strength in simplicity though, and whereas the Nano S is vulnerable to connectivity issues, depending on the desktop device and wallet you’re using, the Keepkey gets the job done at the first time of asking, storing your BTC, BCH, ETH, LTC, DOGE, DASH, and ERC20 tokens. It’s also got integration with Shapeshift, its parent company.
Best High-Security Wallet: Trezor model t
Which Cryptocurrency Hardware wallet is Best for You?All of the hardware wallets featured here are highly secure and, if used correctly, should be safe from common attack vectors. It's hard to mention categorically, therefore, that one specific device is safer than another. What can be stated with confidence, however, is that Trezor’s new model t comes bearing a formidable range of security measures as well as a write protected bootloader that verifies the firmware signature and BIP39 passphrase support. For the radical cautious, Trezor’s model t is a terribly safe bet.
Whatever hardware device you select, keep in mind that it’s only as secure as you make it. This includes keeping your recovery seed very safe place with an extra copy stored elsewhere for redundancy. While Ledger, Trezor, Keepkey, and Coolwallet aren’t the only choices, their flagship models cover most bases and set standards for alternative manufacturers to meet.
0 Comments