Crypto hardware wallets are the absolute safest place to store your cryptocurrencies. Over have happened over the past few years โ so keeping your cryptocurrency safe should always be top of mind. While many people hold their cryptocurrency in exchange platforms like Binance or Kucoin, using a crypto hardware wallet is much safer.
To keep your cryptocurrency completely safe, a crypto wallet should be one of two types: 1. A โcoldโ hardware wallet (device-based), or 2. A โhotโ software wallet.ย In my years of crypto investing, Iโve come across handfuls of crypto hardware wallets. And I promise theyโre not all created equal. Great crypto hardware wallets enable you to:
- Hold multiple digital currencies in the same wallet
- Verify every transaction on the hardware device
- Keep your cryptocurrencies safe from hacks and
- Offer pin encryption
- Offer an un-exposed private key
Iโve put together a list that includes 6 of the best crypto hardware wallets (plus two wallets that are 100% free) which will help keep yourย cryptocurrencies safe and off of the exchanges. The information provided is always based on first-hand testing of the products and a detailed audit of the company behind the product. Remember โ Not all such wallets are created equal and consequently, vary in prices and features. In the end, youโll know which one suits your needs the best.ย ย
Disclaimer: Some articles on this blog contain affiliate links that Cryptocurrency Haus receives a small commission from at no cost to you. We only recommend hardware wallets we trust. And never ones we donโt trust. Read more in ourย privacy policy.
Best Crypto Hardware Wallets Compared
| Wallet | Cryptocurrency Support | Mobile App Available | Device Size | Type of Wallet | Price | Website |
| Nano Ledger X | 1649 | Yes | 72 x 18.6 x 11.75 mm | Cold | $119 | Visit Ledger |
| Ledger Nano S | 1500+ | Yes | 56.95 x 17.4 x 9.1 mm | Cold | $59 | Visit Ledger |
| Trezor One | 1000+ | No | 60 x 30 x 6 mm | Cold | $49 | Visit Trezor |
| Trezor T | 1600+ | No | 64 x 39 x 10 mm | Cold | $159 | Visit Trezor |
| BitBox02 | 1500+ | Yes | 54.5 x 25.4 x 9.6 mm | Cold | $139 | Visit BitBox |
| Prokey Optimum | 1000+ | No | 50 x 41 x 9.4 mm | Cold | $59 | Visit Prokey |
| Mycelium | BTC, ETH | Yes | N/A | Hot | Free | Visit Mycelium |
| Exodus | 100+ | Yes | N/A | Hot | Free | Visit Exodus |
What are the Best Crypto Hardware Wallets?
These 6 best crypto wallets will help keep your cryptocurrencies safe and secured. Iโve only included wallets that I think are the best hardware wallets, including some of the old ones that have been user favorites ever since the beginning of commercial crypto wallets.ย
1. Nano Ledger X
| Device Size: 72 x 18.6 x 11.75 mm | Mobile App Available: Yes |
| Connectivity: USB-C, Bluetooth | Security: CC EAL5+, Pin Code, 24-word recovery phrase |
| Hardware: Bluetooth, Screen, Battery | Cost: $119 |
About
The Nano X by Ledger is the second-generation hardware wallet from a French company that took the industry by storm back in 2014 when it first launched. Nano X is Ledgerรขโฌโขs flagship product with highly robust security.ย
Nano X resembles a USB flash drive with a built-in screen. The best part is that the device can support over 1,800 different cryptocurrencies. The cryptocurrencies supported include all mainstream cryptos, such as BTC and ETH, and those newer coins on the crypto scene.ย The device has some pretty neat additions, such as Bluetooth connectivity and a built-in battery. With Bluetooth, it can connect to mobile devices and connect with the Ledger Live app. Itโs clear that the company focused on mobility with this model, making it even more portable than its predecessor.ย
There are also design improvements with a sleeker body and more prominent buttons. The storage capacity is for up to 100 cryptocurrencies. Furthermore, itโs easy to transfer coins from an exchange to the device.ย
Pros and Cons
Pros:
- Over 1100+ cryptocurrency assets
- Reliable security
- Over 100 applications
- Mobile interface
- User-friendly design
Cons:
- Expensive
- Limited storage
Overall Thoughts from Our Experts
The Ledger Nano X has become the industry favorite and for all the right reasons. While itโs a pretty nifty device with advanced technology and good security features, itรขโฌโขs perhaps a bit expensive for beginners. The use of Bluetooth and the Ledger Live app makes it incredibly easy to use.ย
2. Ledger Nano S
| Device Size: 56.95 x 17.4 x 9.1 mm | Mobile App Available: Yes (Android only) |
| Connectivity: USB-B | Security: CC EAL5+, Pin Code, 24-word recovery phrase |
| Hardware: Screen, USB-B connector | Cost: $59 |
About
The Ledger Nano S is the very first hardware wallet sold by Ledger. It was also the first certified hardware wallet with cold storage.ย Currently, Nano S can support over 1500 cryptocurrencies and support up to six apps depending on the app size. Over two million of these devices have been sold over the years, so itโs one of the most commonly used hardware wallets for crypto.ย
It features chip-based security, similar to that used in passports and credit cards. Thereโs a LED screen display (128 x 32 pixels). The connection is made via a USB-B port, and it uses the Ledger Live app to connect with the device.ย
While it can work with Android mobile app only, itโs better suited for use with a computer. The software app itself is highly intuitive, which makes managing and viewing your crypto easy.ย
Pros and Cons
Pros:
- State-of-the-art security
- Staking support
- Intuitive and user-friendly Ledger Live app
- Open-source software
Cons:
- No Bluetooth connectivity
- Limited app storage
Overall Thought From Our Experts
As a pioneer hardware wallet with cold storage, the Nano S by Ledger deserves praise. Although more advanced wallets are available in the market, including Ledgerโs Nano X, it still maintains its appeal, especially given its security features.ย
3. Trezor One
| Device Size: 60 x 30 x 6 mm | Mobile App Available: No |
| Connectivity: mini-USB | Security: Recovery Seed, Pin code, advanced passphrase |
| Hardware: Screen, mini USB | Cost: $49 |
About
The Trezor One is another pioneering cold storage wallet with support for over 1000 cryptocurrencies. It was launched in 2014 by Satoshi Labs, which is a company based in the Czech Republic.
While itโs a cold storage type of wallet, it does offer the same flexibility as a hot wallet. The device itself is pretty compact and can easily fit in a pocket. Itโs also one of the cheapest crypto hardware wallets.ย The package also includes a mini USB cable, two recovery seed cards, and some stickers.ย
Trezor One can also serve as a U2F hardware token. You can use it with Windows, macOS, and Android, but not iOS or ChromeOS (can work for ChromeOS via WebUSB).ย It has two push buttons and a screen display.ย
Pros and Cons
Pros:
- Affordable device
- U2F hardware token with screen
- Highly portable
- Supports many cryptocurrencies, including altcoins
Cons:
- No touchscreen
- No mobile app
Overall Though From Our Experts
If youโre looking for cold storage for a limited amount of crypto, the Trezer One is a viable option. Itโs not as user-friendly as some other options here, but it gets the job done.ย
4. Trezor T
| Device Size: 64 x 39 x 10 mm | Mobile App Available: No |
| Connectivity: USB-C | Security: Recovery seed, Pin code, passphrase |
| Hardware: LED screen, USB-c connector | Cost: $159 |
About
Trezor T is a more advanced cold storage hardware wallet by Satoshi Labs. It has a bigger LED display screen which is actually a touchscreen.
In terms of security, itโs similar to the original Trezor One. However, using the Recovery seed on the touchscreen is easier. There are multiple security protocols on the model T, including multi-factor authentication.ย Itโs designed based on a zero-trust system, which basically means it doesnโt compromise on security on any front. Even if one component is compromised, the cryptocurrencies on the device stay secure.ย As another open-source wallet, itโs regularly checked by third-party testers in the crypto community.ย
Pros and Cons
Pros:
- Touchscreen interface
- Unlimited storage
- Tough security
- Easy backup
- MicroSD card slot
Con
- Expensive
Overall Thoughts From Our Experts
Although Kraken found a security flaw for the Trezor T hardware wallet, itโs still a reliable solution for accessing and storing over 1000 cryptocurrencies. Itโs a sophisticated device with next-level technology that ensures ease of use for someone new to crypto wallets.ย
5. BitBox02
| Device Size: 54.5 x 25.4 x 9.6 mm | Mobile App Available: Yes |
| Connectivity: USB-C & A | Security: Recovery seed, Password, BIP39 passphrase, U2F |
| Hardware: OLED screen, USB-C & A connector | Cost: $139 |
About
BitBox02 comes from BitBox, a company based out of Switzerland. As cryptocurrency gains speed in popularity, the market continues to be in need of user-friendly hardware wallets, and BitBox really shines in this area. The product comes neatly packaged in sealed packaging to prevent tampering. Inside the box, youโll find the BitBox02 wallet, detailed instructions for use, a microSD card, a variety of cables, and a pack of stickers.
The BitBox02 is a hardware wallet with an OLED screen. The screen is small, but we found the invisible touch sensors very user-friendly and intuitive to use. A lot of thought was put into the security of this device (more info can be found on their website), and it is also open-source, meaning it is readily available to be tested by third parties.
Pros and Cons
Pros:
- Intuitive, invisible touch sensors
- Beginner-friendly
- Tough security
- Easy connection with USB-C & A
- MicroSD card slot
Con
- No app for iOS
Overall Thoughts From Our Experts
BitBox is a really solid company with an impressive hardware wallet offering. Coming in at a slightly lower cost than the Trezor T, itโs a great choice for investors seeking a high-security wallet, with an intuitive app and interface, while supporting a large number of coins. The device quality is what we would expect from a company that places a high value on security as well as customer satisfaction with the device.
6. Prokey Optimum
| Device Size: 50 x 41 x 9.4 mm | Mobile App Available: No |
| Connectivity: USB-B | Security: Recovery seed |
| Hardware: USB-B connector | Cost: Free |
About
Prokey Optimum comes from Prokey, a startup based in Kuala Lumpur, Malaysia. It was launched in 2019, so itโs a relatively new player in the crypto wallet industry, which is getting saturated fast.ย
The Prokey Optimum device is a cold storage device with an LED screen and four buttons. It can manage and store over 1200 cryptocurrencies from around the world.ย Everything can be done directly on the Prokey Optimum device, thanks to the large screen and buttons. This means thereโs no software to install or mobile applications involved.ย The physical device comes with two variations of USB cables and three recovery sheets. Made with ABS plastic, the device can easily fit the palm of your hand, so itโs portable.ย
Pros and Cons
Pros:
- Secure firmware
- Single interface
- Affordable price
- Supports over 1200 cryptocurrencies
- 14-day money-back guarantee
Cons:
- Not so user-friendly to make transfers
- LED screen is small
Overall Thoughts From Our Experts
The single interface of Prokey Optimum is a great feature of this crypto hardware wallet. While there are some physical improvements the device could use (a slightly bigger screen perhaps), the security is on point with the secure firmware that eliminates the risk of supply chain threats.
7. Mycelium
| Cloud Storage: Yes | Mobile App Available: Yes |
| Connectivity: N/A | Compatible with Hardware Wallets: Yes |
| Security: Pin protection, separate backup system, hardware wallet support | Cost: Free |
About
Mycelium is an open-source mobile-only hot wallet designed specifically for storing Bitcoins. It can only support ETH and ERC-20 tokens in addition to BTC.
While itโs a mobile-only wallet, it does offer some level of hardware wallet integration so that it can be used with Ledger and Trezor hardware wallets for cold storage as well.ย Mycelium doesnโt really touch the cryptocurrency as it only works as a relay between the Bitcoin/blockchain network and you.ย
Pros and Cons
Pros:
- No purchase cost
- Open-source
- Can be used with the hardware wallet for mobile access
- Customizable transaction fee
Cons:
- Mobile-only
- Not for beginners
Overall Thoughts From Our Experts
Mycelium was one of the early starters in the wallet industry. Itโs ideal for experts and those who know how to use crypto-wallets. As a mobile-only wallet, it does provide ease of use and wallet management on the go. The best part is that Mycelium can be used in conjunction with hardware wallets.ย
8. Exodus
| Cloud Storage: Yes | Mobile App Available: Yes |
| Connectivity: N/A | Compatible with Hardware Wallets: Yes |
| Security: Face and fingerprints (mobile) | Cost: Free |
About
Exodus is a free desktop and mobile crypto wallet that provides an incredibly easy user interface. It makes it easier to swap between different cryptocurrencies, with support for over 100 of them.ย JP Richardson and Daniel Castagnoli founded Exodus in 2015.ย This wallet also has good support, making it easier for a rookie to learn its ins and outs. As a closed-source wallet, itโs markedly different from the open-source nature of the crypto industry, in general.ย It allows customization of transaction fees. Also, thereโs a possibility to make this feature automatic.ย
Pros and Cons
Pros:
- Free to download
- Supports over 100 cryptocurrencies
- Decent customer support
- Support for cold storage
Cons:
- Closed source
Overall Thoughts From Our Experts
Exodus is an easy-to-use and simple option for beginner investors to hold mainstream cryptocurrencies.
Best Crypto Hardware Wallet Made in the USA
Most crypto hardware wallets currently are from companies based outside of the US, mainly in Europe. For instance, Ledger hardware wallets (Nano X and Nano S) are made in France, where the company is headquartered. However, all hardware ledgers are also sold in the US. KeepKey, which is another great crypto hardware wallet, was launched in 2015 in Seattle, Washington, by Darin Stanchfield. This hardware wallet is produced in the US. However, the Swiss company Shapeshift acquired KeepKey in 2015.
Best Multi-Cryptocurrency Hardware Wallet
All the cryptocurrency hardware wallets listed in this article are multi-cryptocurrency wallets. What this means is that these can support multiple cryptocurrencies at once. This includes Ledger Nano X, Ledger Nano S, Trezor One, Trezor T, and Prokey Optimum. You can hold multiple currencies in all of these. However, Trezor T offers unlimited storage, which I think makes it great for a large number of cryptos and the best multi-cryptocurrency wallet.
Are Crypto Hardware Wallets Safe?
Crypto hardware wallets are the safest option there is for storing cryptocurrencies. These are cold storage devices that are not connected to the internet. So all the keys to the crypto are stored offline where hackers cannot reach.ย Even if the actual hardware device gets lost, the crypto in it cannot be compromised because it can easily be backed up with the help of a seed phrase which can range between 12 to 24 words.ย On the other hand,ย software wallets such as MetaMaskย have been criticized for their lack of security measures.
Our Review Methodology
Cryptocurrency Haus has an in-depth review process that effectively analyzes, tests, and ranks the most-popular crypto hardware wallets, along with startup players in the space. Our process uses an iterative approach which is revisited as needed. We take pride in our independent audit of companies to help visitors, like you, get the information you need to make educated decisions.
Review Process
We collect product and service information directly from company websites, and we undergo first-hand testing and/or evaluation based on company presentations. External reviews by real users may be used in helping to determine a conclusive rating.
Rating Factors
We take weighted averages of consistent markers for each crypto wallet such as security, variety of cryptocurrency supported, price, etc. Based on our iterative process, weightings may change depending on changes in factors that occur throughout the company.
Updates to Reviews
Our team re-evaluates almost all reviews at least annually and makes adjustments throughout each calendar year. Companies are encouraged to reach out with any new updates that our team may miss.
