Best Cryptocurrency Wallet to Secure Your Digital Money

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Your cryptocurrencies or digital currencies are as valuable as the money inside your pocket because you also use them for purchasing items. Thus, you must have the best cryptocurrency wallet for you to be sure that your investment is always safe. In reality, there are four general types of cryptocurrency wallet, but the hardware type is one of the highly recommended.

What are the Uses of Cryptocurrency Wallets?

As the name implies, cryptocurrency wallets are mainly used for holding your digital currencies. They are also important for you to be able to have access to your cryptocurrencies, as well as for you to be able to use them for payment transactions. They are also the ones used to store your transaction information and your security PIN or password.

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Taking those things into consideration, the importance of cryptocurrency wallets cannot be denied. In addition, since they have a lot of functions, especially when it comes to securing your digital money and PINs, you must make sure that you own the best cryptocurrency wallet that you can find in the market.

Best Hardware Cryptocurrency Wallets

One of the types of cryptocurrency wallets is the so-called hardware cryptocurrency wallet. As similar to computer terminologies, a hardware digital wallet is a removable computer device that holds your digital money, transaction information, and security PIN. The main advantage of this type of cryptocurrency wallet is that you can carry it around.

In order to help you confine your choices, we will be discussing three hardware cryptocurrency wallets.

Ledger Nano S Cryptocurrency Hardware Wallet

The essential details of this product have been summarized below for your convenience.

Features

• It has a size dimension of 98 millimeters by 18 millimeters by 9 millimeters
• It has a weight of 16.2 grams.
• OLED-display screen that has a size of 50 millimeters
• Anti-malware second factor
• Color: black
• Made with brushed stainless steel and plastic materials
• Operating systems include Windows 7+ and Mac OS X 10.8+
• Side, single-tap buttons
• Designed with two chips namely ST31 and STM32
• Has a CC EAL5+ certification
• Standard USB plug port
• Ledger is equipped with the standard FIDO® Universal Second Factor

What You Will Like About It

• Robust
• Sleek design
• Easy to hold and store
• Buttons are easy to use
• Each transaction can be confirmed and double-checked with one single tap on the buttons
• Requires a PIN every time it is plugged into a computer
• Designed with a Secure Element technology
• Tamper-free transactions
• Can be used to hold, access, and manage different types of cryptocurrencies
• secure and straightforward Gmail, Dashlane, Dropbox or GitHub authentication process
• Equipped with an anti-malware tool
• Has a recovery sheet that is easy to restore
• Supports 15 cryptocurrency companion applications
• You are allowed to create your own application
• Ledger can be restored using other compatible wallets like BIP39 and BIP44
• Easy to set up and use

What You Might Not Like About It

• USB cable not included
• Prone to being misplaced and lost due to its slim size and design

Trezor Bitcoin Wallet

The Trezor product that is developed by Satoshi Labs can also be considered as one of the best cryptocurrency wallets because of the following features.

Features

• It has a size dimension of 3.2 x 0.4 x 3.3 inches.
• Weighs approximately 0.3 ounces
• Color: Black
• Operating systems supported: Windows, macOS, Linux, and Android
• Two front buttons
• Bright, OLED, 128 x 64 pixels display screen
• Equipped with a 120 MHz CPU that has an integral Cortex-M3 ARM processor
• Certified by CE and RoHS
• Designed with the latest cryptography technology
• Made with materials that are resistant to water and tampers
• Standard micro-USB slot
• Hook for lace of keychain

What You Will Like About It

• Easy and convenient to use
• Tamper-proof
• Water-resistant
• Uses a two-factor authentication process
• Easy-to-understand instructions that are displayed on the screen
• Easy restoration and re-acquisition of private keys, digital money, transaction history, accounts, and emails.
• Free from chips and parts that are easy to hack
• Environmental-friendly materials
• Reliable
• Can be used for desktops and Android phones
• Supports Bitcoin, Ethereum Classic, Ethereum including the 20 ERC tokens, Litecoin, ZCash, Namecoin, Dash, Dogecoin, and Bitcoin Testnet
• Transaction and process confirmation with just one click of a button

What You Might Not Like About It

• Does not come with a micro-USB
• Hook for keychain or lace can easily come off when pulled hard

KeepKey Cryptocurrency Hardware Wallet

This product can also be considered as one of the best cryptocurrency wallets because of the following information:

Features

• Case is made with anodized-aluminum materials
• Product front is made with polycarbonate materials
• USB HID
• Micro-USB connector made with woven nylon materials
• Has an ARM® Cortex™-M3 processor
• Designed with a Hardware-Based Random Number Generator called TRNG
• OLED screen resolution is at 256 × 64
• Screen size: 3.12 inches
• Size dimension: 0.48 x 3.68 x 1.5 inches
• Weight: 1.9 ounce
• Color: Black and aluminum
• Backup card
• Hardware Platforms: PC, MAC, Linux, and Android
• One confirmation button

What You Will Like About It

• Designed with a bank-like security system
• Allows to set up a back-up and recovery sentence
• Easy and safe recovery of private and security keys
• Virus- and malware-proofed
• Supports Bitcoin, Dash, Dotecoin, Ethereum, Litecoin, Namecoin, and Testnet
• No drivers required
• Easy to use
• Large screen display
• Requires you to press the confirmation button before transaction is finalized
• Comes with a USB cable
• Protected by a PIN
• Firmware can be changed or upgraded
• Simple

What You Might Not Like About It

• Prone to being misplaced or lost because of its small size
• Limited interface
• Does not have an operating system

Best Cryptocurrency Wallet: Final Verdict

With the growing popularity and acceptance of cryptocurrencies or digital money, you may already have considered investing in them as well. However, you must remember that you cannot have, access, and use any types of digital money without a cryptocurrency wallet. That is because it is where you will approve, authenticate, and process your transactions.

The best cryptocurrency wallets are the ones that have suitable security measures to prevent any hacking or stealing of your cryptocurrencies. That is the reason why the three products above have been considered. All of them are also PIN-protected and have an easy recovery and back-up procedure.

Nevertheless, if you want a cryptocurrency wallet that supports a lot of cryptocurrencies, then the Ledger Nano S Cryptocurrency Hardware Wallet will be best for you. On the other hand, if you are looking the best cryptocurrency wallet that is eco-friendly, then the one from Trezor is recommended. But, if you want a simple and complete set, then the KeepKey product is the one for you.

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