Best cold crypto wallets
we have selected for you the five best cold crypto wallets
Ledger Nano X
Ledger is the world's most famous hardware wallet manufacturer. It is trusted by large companies as well as thousands of retail investors around the world. However, Ledger is quite expensive. The wallet will cost a novice investor $149. The cost of the wallet is justified as it provides a very high level of protection. The Nano X setup process is simple. The device is protected by a series of 24 random words and a pin code set by the owner of the device. This means that even if a hacker gains access to a physical device, they will still need either a 6-digit PIN or a recovery phrase.
Nano X can store over 5500 different tokens and has enough space to hold 100 different assets at the same time. For investors who need to buy or sell assets at any time, there is the Ledger Live app (included with every Ledger device). Overall, the Ledger Nano X is the best cold storage wallet on the market. It's easy to use, stylish, from a trusted company, and secure.
In second place is the Trezor cold wallet. This company is Ledger's main competitor and provides hardware wallets of the same caliber.
The company offers two devices: Trezor One and Model T. Both wallets are similar, but there are a few key differences to be aware of. Trezor One does not support several major cryptocurrencies, including ADA, XRP, XMR, EOS, and XTZ. Model T does support these coins . Therefore, an investor should always consider what cryptocurrency he plans to store before buying a wallet. Also, the Model T offers expandable storage while the One does not. This means that Model M can store more assets than its little brother.
Atomic Wallet is a completely free software cold wallet and is trusted by over 4 million users worldwide. Atomic Wallet is software based and available on multiple platforms including Android, IOS and Windows. The wallet is decentralized and non-custodial, meaning investors have full control and ownership of their assets. Considering how many platforms are currently suspending withdrawals, full asset ownership is a big bonus.
For investors looking to build a diversified portfolio, this wallet is a great fit. It supports thousands of cryptocurrencies including XRP and ADA. In addition, Atomic also offers a built-in crypto exchange that makes it easy to buy and sell. Commissions on the exchange are a little high, but investors can get up to 1% cashback on their purchases, which is a nice bonus.
Overall, Atomic Wallet is a well-designed and user-friendly wallet. It may not have the same super secure technology as Trezor or Ledger cold wallets. But with zero upfront cost, it is a worthy addition to our list.
Not everyone has hundreds of dollars to spend on a cold bitcoin wallet. However, Keepkey offers the same excellent hardware wallet protection for almost half the price of more expensive brands.
This wallet is only $49 making it affordable. But this cost also has its downsides. The KeepKey wallet supports less than 50 cryptocurrencies. It's best to check if it supports the assets you want to store before buying. KeepKey is a solid product from a reputable company. It is part of the ShapeShift ecosystem and has a powerful exchange that can be used to buy and sell assets. This is a more budget-friendly option than established cold wallet providers.
Ledger Nano S
This is a budget wallet from the Ledger series. For example, not everyone needs Bluetooth, a large display, and 100-asset storage like the Ledger premium offering. For such investors, the Nano S may be the perfect solution.
A cold cryptocurrency wallet is equipped with almost the same security features as its expensive counterpart. But the budget version has its own nuances. The biggest drawback of the Nano S was the lack of memory, but with the release of the Nano S Plus (an updated model) this has been fixed. The Ledger device is an excellent budget wallet for cold storage of cryptocurrencies that provides unsurpassed security.