8 Best Bitcoin Hardware Wallet Review And Comparison

Here, we will review and compare the top Crypto Hardware Wallets to identify the best Bitcoin Hardware Wallet for storing cryptocurrencies:

Proper storage of private keys used to secure cryptocurrency is a major concern for preventing hacking and theft of digital assets.

Digital assets are made in a way that a wallet can only be unlocked or restored using private keys in case you, for instance, lost a PIN or the device on which you set up the wallet initially. Keeping the private keys safely and securely helps to recover funds in case your wallet or device is lost.

Crypto hardware wallets are considered one of the best methods of storing cryptocurrencies. This is because they allow users to store private keys offline away from the Internet or ordinary computers where they could be stolen after hacking.

This happens with many hot and digital wallets connected to the Internet all the time. It also allows you to sign and verify transactions offline without the dangers of hijacking the communications.

Bitcoin Hardware Wallet Review

Pro-Tips:

• Select one that supports mobile in addition to PCs for portability and one that supports storage of diverse cryptos.
• Best crypto hardware wallets integrate with other wallets and allow the management of digital assets, portfolio management, and trading.

Fact Check:

• Crypto hardware wallets are more secure than web and app wallets on Android, iOS, and other platforms. They work with multiple blockchains. The best ones sync with mobile phone apps to allow for portfolio management.
• The global market will grow to reach USD 877.69 million by 2026, which means a CAGR of 29.24%. NFC technology to dominate.

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How Crypto Hardware Wallets Work

• Most utilize a protected microcontroller where the chip connecting to the Internet is separate from the chip where the private key is stored on the device. They use standard EAL5+ chip technologies secured against penetration attacks.
• Isolation from Internet-connected devices like smartphones and PCs prevents hacking theft incidences.
• Allows signing and verifying transactions physically and manually whiling offline. This prevents phishing, hijacking, and other hacking incidences that could lead to changing of wallet address when copy-pasting.
• Physical buttons or touch screens allow entering the PIN while the screen display lets a user confirm that the address is exactly as desired.
• They are highly recommended for people holding a vast amount of crypto, Bitcoin, and other digital assets.
• Most have additional security methods like lock PIN, 2-Factor authentication, biometric security, and other security procedures.
• All of them have multiple word recovery seeds that you must write when setting up the device. This is used to recover your cryptocurrencies in case the device is lost, tampered with, or malfunctions.

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List of the Top Bitcoin Hardware Wallet

Here is the list of notable and popular bitcoin wallets:

Comparison Table of Some Popular Crypto Hardware Wallets

Bitcoin hardware wallets review: 

Best for Trading and Storing NFTs and 1000’s of Crypto Coins.

Ellipal’s Crypto wallet makes it to our list because of its robust security features. Going with Ellipal Titan as your choice of bitcoin hardware wallet means choosing an option that is air-gapped. This basically means that your wallet and everything it contains remain protected 24/7 from unauthorized access, malware, and other kinds of malware threats.

Moreover the wallets are fully metal sealed. It leverages special anti-temper technology to make sure your stored crypto remains secure against physical and supply chain attacks. The system automatically deletes all data as soon as a breach is detected. Another thing we like about this wallet is its support of 100% offline firmware updates.

How to Use Ellipal Titan

• Use the Ellipal Mobile App to generate an unsigned QR code by filling the transfer information
• To sign in, use the Ellipal Wallet to scan the unsigned data QR code.
• Use the Ellipal App to sign scan signed data QR code on Ellipal wallet and confirm the transfer of your crypto

Features:

• Completely Metal Sealed
• Multi-coin account
• Support 48 coins and more than 1000 tokens
• Unlimited coin store memory

Price: $139 on official website

Best for Custom Operating System.

NGRAVE is another crypto hardware wallet that offers phenomenal security features. Like many of the best wallets out there, this one too is air-gapped. It relies on communications that take place over transparent QR codes. The slick device with a 4 inch touch screen can be used to store up to a 100 accounts.

The device facilitates quick and seamless crypto and token transactions via QR codes. What really makes it a great wallet, however, is the fact that it is powered by a custom made OS developed by NGRAVE’s own security team. As such, the wallet remains immune to all sorts of vulnerabilities that other wallets in the market remain susceptible to.

How to use NGRAVE

• Create an account using a secure pin code
• Select create a wallet on the NGRAVE device
• Select between ‘NGRAVE Wallet’ and ‘Mnemonic’ Wallet
• Backup your private key on GRAPHENE the backup
• Sync with NGRAVE LIQUID App
• Simply scan the QR code on your device to complete transactions pertaining to crypto or tokens.

Features:

• 4 Inch touchscreen
• Anti-tamper design
• EAL-7 certified
• Biometric and Light sensor

Price: Starts at 398 euros

Best for Binance and ERC token users.

SafePal S1 is backed by Binance right from the Binance Labs kitchen and comes with PIN and private keys isolated to make it harder to hack. Introduced in 2021, the main idea was to have a hardware wallet that is more affordable than Trezor and Ledger Nano S.

It syncs with the SafePal mobile app. You sign transactions offline using QR code scanning via an inbuilt camera when, for instance, making crypto payments. It also comes with a mnemonic card where you can store the mnemonic seed codes and private keys, and USB cable cord, and brand stickers. It has a control button, a display screen to help confirm transactions offline.

It is a multi-crypto hardware wallet that supports Bitcoin, Binance Coin, BEP2 Tokens, ERC-20 compatible coins, and Ethereum.

How to use the SafePal:

• Charge and power on the device using the power button. Install the SafePal App.
• Select, create a new wallet or restore one from a backup passphrase.
• Add favorite coins in the wallet from the Coin Management setting. Follow the information to add.

Features:

• No Wi-Fi, NFC, or Bluetooth connections.
• Activates self-destructive mechanism if a virus or malware is detected, so be sure to save the passphrase offline and properly.
• Management of portfolio via the iOS and Android SafePal App.
• EAL5+ secured against penetration attacks.

Pricing: $40.

Best for multi-crypto traders and holders.

Trezor is a brand by SatoshiLabs, which has the Model One and Model T devices. Created in 2013, Model One uses Hierarchical Deterministic key and BIP32 transfer protocol to generate and back up deterministic keys (BIP39).

Despite being caught up in security breaches in the past where people have lost cryptocurrencies, the crypto hardware device supports over 1000 crypto assets. It also features a display screen and two physical buttons to confirm send transactions.

It does not have Bluetooth connectivity and, like the Ledger Nano S, it is most suitable as an entry crypto hardware storage device.

How to use Trezor One: 

• Connect to the computer, install a Trezor-bridge and create a PIN as directed on the start page. This is done from a shuffled grid of 1-9 digits on the screen.
• Save or write the 24-word seed phrase backup on a paper. Store where it cannot be damaged easily by water and other things. You can add words to the 24 words passphrase for additional security.
• You can add multi-signature support on the account but for Bitcoin wallets in the meantime.
• From the Wallets and Accounts after logging in, you can find receive address, check the history and amounts in the wallets, and send crypto.
• Confirm transactions offline visually on screen and by entering the PIN. You can also sign and verify messages.

 Features:

• Android, OSX, Windows, and Linux support.
• The ability for customization of the device on the website.
• Address creation at will to avoid the use of an address multiple times.
• Set fee at the normal, high, economy, low, or custom level.
• 3rd-party wallet integration support.
• EAL5+ secured against penetration attacks.

Price: $59 on Amazon with free shipping only in the U.S.

Suggested Reading => List of the Most Popular Crypto Wallet UK

Best for Simple backup and restore mechanism.

BitBox02 is a crypto hardware that supports the storing and transaction of coins like Bitcoin, Litecoin, ERC20, Cardano, and many more. The device comes equipped with a secure chip that protects against physical tampering. The device also supports 2 factor authentication key, which can be used to manage multiple online accounts pertaining to crypto exchanges and emails.

The device also allows you to make backups of your transactions directly onto a microSD card. This back up can be managed via the BitBox app. Making the device even more compelling is the OLED display it comes with, which ensures you are confirming the right transactions.

How to Use BitBox02

• Connect the device to a computer via its USB port
• Set a pin code
• Install the BitBox app on your device via your device’s browser
• On the app, initiate a transaction by confirming wallet address

Features:

• OLED Display
• USB-C Compatible
• Integrated Secure Chip
• Universal Second Factor Authentication

Price: $149 on Amazon

 Best for advanced multi-crypto holders and traders

This model is an improvement of the basic Trezor flagship hardware wallet Trezor One. Released in 2019, Model T also supports 1,389 cryptos and tokens and uses hierarchical deterministic or HD key creation and BIP32 transfer protocol to secure your crypto.

Its outstanding features are the touchscreen, SD card that could support future data and file encryption, and support for the Shamir’s Secret Sharing method of splitting keys when backing them up to keep them secure.

How to use Trezor Model T:

• You will need to install Trezor Bridge or other four documented mechanisms to let Trezor communicate with the browser-based Trezor Wallet app. After that, you can use Chrome and Firefox to access the wallet via the Trezor Wallet website.
• From the Trezor wallet web, you can set up the device and manage crypto.
• Connect the device, then create a new wallet. You get a recovery seed. Write it down and save it offline.
• To send crypto, scan the recipient’s QR code or type in the address in the destination address area.

 Features:

• Built-in touch-screen to help enter PIN and passphrase on the device.
• Works with Windows, macOS, Linux, and Android via OTG support. No iOS support.
• Supports two-factor authentication through the Universal Second Factor (U2F) standard.    
• Can work as a FIDO2 security key on supported devices.
• Trezor Suite desktop app will help better use the wallet.
• Supports QR codes – you can ask a sender to use the code when sending you crypto.
• Sending funds to multiple recipients in one transaction.
• EAL5+ secured against penetration attacks.

 Price: $159 on Amazon.

 Best for mobile ERC20, BTC, ETH, and LTC users.

SecuX is based in Taiwan. Although it offers enterprise blockchain security advisory and auditing services, the company now has a V20 hardware wallet. Unlike many others, it features a circular shape, with a 2.8” touchscreen.

The device can connect to mobile phones, hence very portable, unlike others that must connect to a computer or laptop. Once connected through a web interface, you then add cryptos for which you want to create addresses. You do not need to connect it to the Internet to send deposits to it. This can be done using QR codes that senders can use.

How to use the SecuX V20:

• Set up a 4-8 digit pin code. Set up a device name.
• From there you can set up a new wallet, after which you will be presented with a 24-word passphrase and private keys. Write it down on paper and secure the paper wisely. You need to confirm the saved passphrase before the process continues. You can also recover an existing wallet by entering a passphrase previously saved from a new device.
• After this, connect the device to a computer or mobile phone. Link it to the web interface (My Wallet/SecuXess webpage) on this link on Chrome and populate cryptocurrencies and their public addresses.
• You can then track transaction history for configured accounts and wallets, send after signing and confirming transactions offline, and add new accounts.
• To send crypto, all you have is to login offline, connect to the web interface (or connect to Android or iOS, and log in to SecuX Mobile App). Select the crypto you want to send and select the account from which you are sending. Click send, double-check the info that the address shown on the web wallet and device are the same, and press confirm. After confirming on the device, confirm on web interface too,

Features:

• EAL 5+ certified Security Element chip security.
• Supports over 1000 cryptocurrencies.
• Support for over 500 accounts.

 Price: 139.00

Best for mobile crypto users.

Unlike the V20, the SecuX W20 is rectangular and packs in a 2.8” touchscreen that allows you to set up the device, PIN, and confirm transactions.

How to use SecuX W20:

•  Set up a PIN without the need to connect to a computer or phone.
• After setting the PIN, click the option to either set up a new wallet or recover one from an already owned 24-word recovery seed or passphrase.
• If you choose to configure a new wallet, you are presented with a 24-word passphrase that you must write down or backup securely to be able to recover your wallet in case anything goes wrong with the device. However, it also stores a copy of the recovery phrase on the CC EAL 5+ certified Security Element chip.
• Confirm recovery phrase on the device. Connect to computer or mobile phone through the web wallet’s interface link on Chrome browser. Populate desired cryptocurrencies to allow sending, receiving, and tracking of transactions.
• To send or receive, use the same instructions above for V20.
• To send, first connect to a computer or the web interface, Android, or iOS. On the web interface, use the send button. Select the account from which you want to send, confirm the transaction on both the device and browser and hit send. On Android or iOS, login to SecuX Mobile App and follow the same procedure as with the web interface.

 Features:

• Connects or syncs with computer and mobile phone via USB or Bluetooth.
• View transactional histories and manage digital currencies. Send, receive, create wallet address, etc.
• Scan QR codes to send crypto to people or ask them to scan your code to send you crypto.
• Supports only BTC, ETH, XRP, BCH, and LTC, and ERC20 tokens.

Price: $99

Best for Enhanced Security and On-the-Go Crypto Trading.

CoolWallet Pro’s sleek design hides a portable Bluetooth device that can be used to trade in multiple different crypto coins and NFTs. The security features it comes with is why it earns a position on our list. The Wallet is CE EAL6+ certified, which is considered to be the highest security standard in the world.

The Wallet also connects seamlessly with both iOS and Android devices to make crypto trading as hassle-free as possible. Speaking of cryptocurrency support, the Wallet facilitates the support of DeFi protocols, airdrops, DApps, etc. The card is lightweight and also benefits from being both tamper resistant and water proof.

How to Use CoolWallet Pro

• Connect CoolWallet Pro to an iOS and Android device via Bluetooth
• Open the CoolWallet app on your phone to start trading
• Use the app to check transaction details
• Press button on the card to track, send, and receive Crypto coins, NFTs, and tokens.

Features:

• Multi-Asset Support
• Tamper Resistant and Waterproof
• 2+1 Authentication
• Biometric Verification.

Price: $149

Best for Trade in 40+ coins.

KeepKey makes it to our list because of its sleek display and security features. This is a device you can use to trade in more than 40 different types of cryptocurrencies in a secure and quick fashion. The device boasts of very straightforward recovery system. So even if you lost your KeepKey, you can fall back on a 12 word recovery sentence to retrieve your private key.

The device also facilitates the quick exchange of cryptocurrencies directly from the wallet by using native Thorchain integration. At its core, however, KeepKey is a fine hardware device that can be used to send, receive and securely store a plethora of popular crypto coins and tokens being actively traded in the market.

How to Use KeepKey

• Download the Latest KeepKey client

• Prepare your device for mnemonic recovery phase storage
• Connect the device to your computer
• Now restart KeepKey in update mode
• Update the device’s bootloader and then proceed to update its firmware
• Once done, create a wallet by generating a mnemonic recovery phrase

Features:

• PIN Protection
• Lightweight and Sleek Design
• Passphrase protection
• Send, receive and store 40+ crypto coins
• Customizable transaction speed

Price: $49

Best for Air-Gapped QR Code Communication Technology.

Keystone is yet another bitcoin hardware wallet that you can use to trade in over a 1000 different types of cryptocurrencies. This devices basically makes it to our list because of its PSBT multisig support and open source firmware. The platform lets you rely on QR code transmissions to confirm a purchase or sale of crypto.

This eliminates any chance of malware infiltration, which was a big issues with devices that relied on USB or Bluetooth for trading confirmation. The device comes with fingerprint sensor and anti-tamper self-destruct mechanism to protect itself and its user’s valuable interests. Plus, the EAL 5+ Secure Element ensures your crypto coins are stored in the device in the most secure way possible.

How to Use Keystone:

1. Download the Keystone Pro app on your mobile phone and pair it with Keystone Pro wallet via QR code confirmation.
2. Select your account once both your mobile app and the wallet are paired.
3. In your mobile app, select whether you wish to send or receive crypto. Whatever option you choose, you will be prompted to confirm with your keystone wallet to execute the trade.
4. Hit ‘Confirm With Keystone’ and then scan the QR code on your mobile app with your Keystone wallet
5. Tap sign on the wallet and Verify yourself with the fingerprint scanner
6. Head on to your Meta Mask mobile app, and open the scanner there to scan the QR code on the Keystone wallet.

Features:

• QR Code Trading Confirmation
• EAL 5+ Secure Element Bank-Grade Encryption
• Fingerprint Sensor
• Anti-Tamper Self-Destruct Mechanism
• 4” Touchscreen

Price: $169

Best for Full Stack Security.

GridPlus offers a fantastic hardware wallet in the form of Lattice1 that quickly distinguishes itself from its competitors with unique hardware features. With these wallet, you’ll be able to connect with applications on any chain that’s supported by MetaMask. It is very easy to switch between different networks. You can use multiple wallet addresses without limit.

The wallet also allows you to segment your assets for a hassle-free experience. GridPlus users also benefit from the large touchscreen all of its wallets harbor. Safety is another area where the Lattice1 wallets shine. The wallets come equipped with a dedicated hardware security module that’s locked inside tamper-resistant wire security mesh. So you can rest assured that your stored cryptos are safe here.

How to use GridPlus Lattice1 Wallet:

1. Plug the wallet to a wall socket
2. Connect the wallet to a Wi-Fi
3. Set-up a PIN
4. Once you have the PIN, you’ll have the option of choosing between ‘Creating a Wallet’ or Restore from Seed Phrase’. Select the latter option if you want to import your existing wallet. Otherwise, go with the first option.

Features:

• Compressed Elastometer Intrusion Detection
• Card Slot
• Logic Power Isolation
• Internal Secure Enclave
• 5” TFT Display

Price: $397

#13) Ledger Nano S

Best for storing, trading, and transferring huge amounts of crypto, especially BTC, ETH, and LTC.

Released in 2016, the Ledger Nano S is the most popular of all. It is considered more secure than the likes of Trezor which has heard security breach incidences in the past. It is also feature-rich and suitable for novice and advanced crypto traders alike.

It features USB connectivity, a clear OLED display screen interface, and two navigation buttons for confirming transactions. Ledger Nano S supports over 1100 cryptocurrencies and digital assets, including Bitcoin, Ethereum, and Litecoin.

With limited support for about 3 to 5 crypto wallets depending on wallet size, however, Ledger Nano S is not the most suitable for those trading just a few cryptocurrencies.

How to use Ledger Nano S:

The Bitcoin hardware device has on-screen prompts that direct you on how to set up and use it when sending a transaction.

• Connect the device to the computer or laptop using the micro-USB cable.
• You will be directed to choose a PIN using buttons. You then receive a 24-word seed phrase to be used as a private key and a recovery phrase in case you lose your device or it damages. Keep this securely offline written on paper or somewhere without Internet access.
• Install the Ledger app via Chromecast. This is done on your Chrome browser.
• To send a transaction, you can transfer to any wallet address while confirming on the display that the address is correct and enter the PIN with buttons. This secures you from keyloggers as you can sign the transaction offline.

Features:

• 3 blank seed recovery sheets.
• Can be synced with Ledger Live, a desktop app for Ledger devices.
• A keychain, key lace, and a key ring.
• Uses T31H320 (protection) and STM32F042 (OS) chips as two protection layers. These help sign crypto transactions as separate pieces of hardware.
• Support for a few wallets due to space limitations means you keep uninstalling and reinstalling wallets if you are a very diversified investor and trader.
• EAL5+ secured against penetration attacks.

 Price: $59 on Amazon.

Website: Ledger Nano S

#14) Steel Bitcoin Wallet for Hardware Wallet Backup

Best for only long term holders

Bitcoin wallets made of steel are excellent for protecting your crypto against fire and water and for the longest time possible. As you are aware, paper wallets are fantastic for storing crypto offline. However, they are easily damaged by water and fire. The Steel Bitcoin wallet lets you back up your Nano Ledger, Trezor, and KeepKey seed phrases on steel.

The wallet allows a user to assemble any letters, numbers, characters to form a private key backup that they can then lock in the wallet. You do not need any additional equipment, stamping, or engraving to back up. You will need only the first 4 letters to uniquely identify the seed phrase. This is due to the nature of seed/mnemonic phrase words.

The biggest drawback is perhaps that you won’t be enjoying the crypto management features on digital devices and apps.

How to use Steel Bitcoin Wallet:

• Pre-engraved tiles of letters, numbers, and characters are organized inside a package.
• Slide in the tiles provided one by one to build the back-up. Close it and lock it. If you need to recover the wallet, unlock and see your recovery phrase back up.
• It contains over 400 tiles, capital, and lowercase letters, numbers, and blanks.

Features:

• Pre-engraved tiles that slide into the device. Tiles are laser cut.
• Portable.
• Double-Sided, so it can support a full 24-word seed phrase!
• Stainless steel is waterproof, shockproof, hackerproof, and fireproof.
• EAL5+ secured against penetration attacks.

Price: $89 ON Amazon.

Website: Steel Bitcoin Wallet for Hardware Wallet Backup

#15) D’CENT Biometric Wallet

Best for mobile crypto users.

As the name indicates, this is the only one among others with practically working biometric security, which makes it top-notch in security. Additionally, it has built-in Bluetooth connectivity for portability in addition to the USB cable connectivity support but has limited support for cryptocurrencies.

The hardware by IoTrust is manufactured in Korea and features a 1.1 inch OLED display screen and four physical buttons, in addition to the central fingerprint sensor, to help confirm the transactions. There also is a 585mAH battery and micro USB port.

How to use D’CENT Biometric Wallet:

• Turn it on, select language, select the ‘Create Wallet’ option and create a four-digit pin. Scan your finger several times for it to be saved by the device.
• It will provide you with a 24-word recovery passphrase. Write it down and save the paper somewhere where it can stay for very long without being destroyed by water, tearing, or other things. Confirm having saved the recovery passphrase by typing in two words as required.
• To now manage crypto assets, login and confirm with fingerprint, but first, you need to download the D’CENT wallet app for your phone. It is both iOS and Android.
• Connect the device via Bluetooth (check if it can connect to your device via OTG).

 Features:

• Can be paired with a smartphone and tablet through a mobile app to help with managing funds.
• No crypto exchange feature is in-built.
• No U2Factor authentication functionality.
• Supports about 6 cryptocurrency assets plus the ERC20 tokens.
• EAL5+ secured against penetration attacks.
• Signing transactions and verifying them offline when sending.

 Price: $159 unless if there is a 50% spring discount from the hardware wallet website.

Website: D’CENT Biometric Wallet

 => Check and buy on Amazon

Conclusion

This Bitcoin hardware wallet tutorial helps you choose the best wallet for storing crypto. It is recommended to go for offline storage options, but also to consider features like the ability to manage crypto from inside the wallet.

Ledger Nano S and X are tried and tested even for use by large corporations although S does have limited support for wallets. It means you might need to keep reinstalling and pulling out apps if you shuffle your holding and trading cards to include more cryptos than five.

Trezor One and Model T are designed by SatoshiLabs but have reported cases of insecurity in the past. However, feature-wise, they provide support for more wallets. They also allow you to manage crypto. Steel Bitcoin wallet is great if you are interested in only holding and no management of portfolio desired. SecureX V20 and W20 are great for mobile users too.

Research Process:

Time taken to research and write this article: 20 Hours
Total tools initially shortlisted for review: 15
Total tools reviewed: 8

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