The events of 2022 served as a stark reminder of just how vulnerable digital assets can be when stored on exchanges or with third-party platforms. The collapse of FTX, Celsius, and BlockFi resulted in billions of dollars being lost or locked up, leaving many crypto holders stranded without immediate access to their funds.
These high-profile failures highlighted a critical truth: self-custody is the safest way to protect your digital assets.
As a result, demand for hardware wallets skyrocketed. Companies like Ledger and Trezor saw record-breaking sales, with both seasoned investors and newcomers seeking a secure way to safeguard their holdings. Hardware wallets offer a level of security that is far superior to online exchanges or software wallets, as they are less susceptible to hacking, phishing attacks, or other vulnerabilities inherent in internet-connected devices.
In this guide, we compare the best hardware wallets in 2025, explaining what each does best, who it’s for, and what to watch out for. We’ve included hands-on impressions for most models, plus verified technical details for the rest.
Disclosure:Some links in this guide are affiliate links, meaning we may earn a commission if you purchase through them at no extra cost to you. This does not influence our product recommendations or the rankings in this article. We only recommend wallets we have tested or thoroughly vetted for security, usability, and reliability.
Key Takeaways
The top hardware wallet options include Ledger Flex, Trezor Safe 3, NGRAVE ZERO, Cypherock and Gridplus, each catering to different user needs.
Security features to look for include secure elements, air-gapping, PIN/passphrase support, and open-source firmware.
Always buy hardware wallets directly from official sources to avoid tampered or compromised devices.
Some wallets are optimized for DeFi, others for Bitcoin maxis or inheritance planning — choose based on your use case.
This article focuses on hardware wallets with all the bells and whistles. If you're looking for one with a sub-$100 price tag, check out our article on the best budget-friendly hardware wallets.
Methodology
We choose our top hardware wallets based on hands-on testing, verified technical specifications, and independent security audits, not on commissions or brand deals. Our approach prioritizes real-world usability and security over hype, which is why our picks may differ from other “best wallet” lists you’ll find online.
Hands-on Testing: We physically tested 7 out of the 10 wallets on this list over a period of 3 months. This included setup, firmware updates, seed phrase generation, transaction signing and recovery testing.
Technical Verification: For the remaining 3 wallets we could not test in person, we relied on official documentation, independent security audits, and reputable community feedback to verify performance and features.
Evaluation Criteria: Each wallet was scored based on security, ease of use, asset support, price, and extra features like staking, DApp access, or multi-sig capabilities.
Security Checks: We reviewed firmware update policies, open-source status, and any known vulnerabilities.
User Fit: We matched wallets to user profiles (long-term holder, DeFi user, Bitcoin-only, budget buyer, etc.) to make sure our picks are relevant for different needs.
Overview Of The Top 10 Hardware Wallets for Cold Storage Solutions
There are several hardware wallets on the market, and choosing the right one can be tricky. That’s why we’ve put together a handy guide.
Wallet
Best For
Security Features
Coin Support
Price
Unique Features
Open Source
Tangem Wallet
Most User-Friendly
EAL6+ certified, NFC-based, dust & water-proof
8,000+ assets
$62.91 (discounted for Coin Bureau readers)
Mobile app, no single point of failure, highly durable
Partially
Trezor Safe 3
Best Value for Security
Secure element, 2FA, PIN, air-gapped
8,000+ assets
$79
Integrates with Trezor Suite, Metamask, Exodus; touch screen
Compatible with MetaMask and other wallets, SafeCard integration
Yes
KeepKey
Budget-Conscious Holders
PIN protection, Private keys stay offline
40+ major cryptocurrencies and ERC-20 tokens
$49.95
Built-in integration for easy asset swaps
Yes
There are a few things to weigh up before choosing which one is right for you, and we’ll consider all of these in relation to each wallet:
Security: Although hardware wallets are the safest option out there, some are more secure than others.
Coins supported: All hardware wallets will store BTC, ETH, and most other top cryptocurrencies. However, if your portfolio includes some lesser-known altcoins, then some wallets may not be suitable.
Price: If your portfolio is relatively small, then chances are you won’t want to pay top dollar for a device to store it on. As with any product, prices for hardware wallets vary.
One important note: Always purchase your hardware wallet directly from the manufacturer. There have been cases where bad actors purchased wallets, extracted the seed phrases, and then resold the compromised devices. Once the unsuspecting buyer transferred funds to the wallet, the thieves were able to access and steal them using the known seed phrase.
To avoid this risk, never buy from third-party sellers like eBay or other unofficial marketplaces. Stick to ordering directly from the company’s official website. The good news is that most manufacturers offer free shipping, unless you live somewhere particularly remote.
Armed with this information, let’s dive into analysis.
The Tangem Wallet provides a credit-card-sized NFC wallet that simplifies setup and eliminates single points of failure, making it ideal for beginners.
Pros & Cons
Pros
Incredibly easy setup and use.
No recovery phrase required (unless desired).
Highly durable and portable.
Open-source and independently audited.
No dependency on company servers.
Cons
No display (visual confirmation of transactions not possible).
Limited to mobile app use (not desktop-compatible).
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Partner
2. Best Value for Security: Trezor Safe 3
Trezor Safe 3, produced by Satoshi Labs, is a secure and budget-friendly upgrade over the Trezor Model T, offering a secure element chip and a higher security rating.
Pros & Cons
Pros
Excellent value for security.
Third-party audited.
Open-source firmware.
Integration with Exodus Wallet.
Fast and easy setup.
Cons
No touchscreen.
Does not support wireless connections.
Why It’s A Standout
Secure element chip for improved protection.
Supports 8,000+ cryptocurrencies.
Compatible with Trezor Suite and Web3 wallets.
Fully open-source software.
Price
$79
Who Should Buy It
Anyone looking for top-notch security on a budget without sacrificing open-source transparency.
Some links may be affiliate links; we may earn a commission at no extra cost to you.
3. Top Hardware Wallet For Backup & Recovery: Cypherock X1
Cypherock offers an innovative backup and recovery solution, replacing the traditional recovery phrase with Shamir's Secret Sharing and decentralized backups.
Pros & Cons
Pros
No single point of failure.
Shared device support.
Easy wallet recovery options.
Supports 8,000+ assets.
Robust physical protection (Faraday cage case).
Cons
Non-traditional recovery may intimidate some users.
A durable, mid-range hardware wallet from Ledger that pairs strong, offline security with a simple, tap-friendly E-Ink touchscreen. Plain-English setup, quick Bluetooth pairing, and support for thousands of coins and NFTs.
Pros & Cons
Pros
Secure element (CC EAL6+) keeps private keys offline.
E-Ink touchscreen is glare-free and battery friendly.
Bluetooth + USB-C for flexible mobile/desktop use.
Supports 5,500+ assets and NFTs (per Ledger specs).
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8. Best for Bitcoin Enthusiasts: Coldcard Q
The Coldcard Q is Coinkite’s flagship Bitcoin-only hardware wallet, designed for users who prioritize maximum security and air-gapped operations. Building upon the Coldcard Mk4, the Q introduces significant usability enhancements, including a full QWERTY keyboard, a larger screen, and an integrated QR scanner.
Pros & Cons
Pros
The QWERTY keyboard and larger screen significantly improve user experience, especially when entering long passphrases.
Ability to operate entirely offline using batteries and MicroSD cards enhances security.
Dual secure elements, anti-phishing PIN system, and duress PIN options provide comprehensive protection.
Simplifies the process of signing transactions without connecting to a computer.
Option to physically disable USB and NFC data connections for added security.
Cons
Does not support other cryptocurrencies, which may be limiting for some users.
More expensive than some other hardware wallets.
The inclusion of a full keyboard and larger screen results in a bigger device, potentially affecting portability.
Why It’s A Standout
Full QWERTY keyboard for easy entry of long BIP-39 passphrases.
320×240 display for clear transaction verification.
Push-pull slots separate unsigned/signed transactions (MicroSD).
LED illumination and advanced algorithms for reliable QR scans.
Dual secure elements for seed storage; optional physical trace cuts to disable USB/NFC.
Advanced PIN features: Duress PIN, Brick Me PIN, Countdown-to-Brick PIN.
Open-source firmware for community auditing.
Price
$239.99
Who Should Buy It
Bitcoin maximalists who want maximum offline security and advanced hardware-based protection features.
9. Best for Unlimited Wallets: GridPlus Lattice1
The GridPlus Lattice1 is a premium hardware wallet designed for users who prioritize security and usability. With its large touchscreen and integration with SafeCards, it offers a unique approach to managing and securing cryptocurrency assets.
Pros & Cons
Pros
Advanced secure enclave and tamper detection mesh protect against hacks and physical attacks.
Large 5-inch touchscreen makes transactions easy to review and approve.
SafeCard system offers simple, secure wallet backups and multi-wallet management.
Seamless integration with popular wallets like MetaMask, Rabby, and Frame.
Always-on Ethernet and Wi-Fi connectivity for smooth dApp and transaction interaction.
Cons
High $397 price tag makes it more expensive than most hardware wallets.
Larger size and no battery make it less portable for mobile users.
Why It’s A Standout
The 5-inch touchscreen makes transaction verification and navigation simple.
SafeCard integration securely stores private keys on physical cards.
The secure enclave isolates sensitive data from external connections.
The tamper detection mesh alerts if the device is physically compromised.
Ethernet and Wi-Fi connectivity enable easy wallet integration.
Price
$397
Who Should Buy It
Those seeking a powerful, large-screen hardware wallet with unlimited wallet management via SafeCards.
KeepKey is focused on simplicity, security, and affordability. Launched in 2015 and later acquired by ShapeShift, it offers essential cold storage features with a sleek, minimalist design. Ideal for casual crypto holders, KeepKey provides an intuitive experience for securing digital assets offline without breaking the bank.
Pros & Cons
Pros
Very affordable compared to other hardware wallets.
The screen makes verification simple and safe.
Quick and easy setup for beginners.
Built-in exchange feature for swapping coins.
Secure offline storage for private keys.
Cons
Limited coin support compared to some other wallets.
Bulkier and heavier than newer wallets.
No Bluetooth or mobile app connectivity.
Fewer integrations with third-party wallets.
Why It’s A Standout
3.12-inch OLED display for easy transaction review.
Private keys stay offline to protect against online threats.
Built-in ShapeShift integration for easy asset swaps.
PIN protection adds extra device security.
12-word recovery phrase for wallet backup.
USB connection for desktop and laptop use.
Price
$49.95
Who Should Buy It
Anyone seeking a straightforward, budget-friendly hardware wallet for secure offline crypto storage without complex features.
What is a Crypto Hardware Wallet?
Hardware wallets are physical devices with a secure element that store your private keys offline in a secure manner and keep them safe from any outside attack. They can be plugged into a computer or connected to a mobile device to enable users to manage and spend their crypto, but all aspects of any transactions and validations are done on the device itself. Even if the device being used is infected with malware or is otherwise compromised, the hardware wallet remains secure, and nobody else can get access to the private keys.
Each of the wallets mentioned here today comes with the vitally important feature of being able to back up your wallet so you will be able to restore your wallet, and your funds, should you lose or damage the wallet that stores your private keys, so please follow good crypto security etiquette 101 and ALWAYS back up any wallet you use, software or hardware. Keeping those recovery seed phrases stored safely will likely be the only way to recover your funds should something go astray with your crypto storage method of choice.
I highly recommend checking out our article on How to Keep Your Crypto Safe for a comprehensive article on all the best practices and steps you can take to ensure you are using crypto in the safest and most secure manner possible. We also have an article: How Does a Hardware Wallet Work, if you want to get into the nitty gritty.
Conclusion
Whether you're a long-term holder, a DeFi explorer, a Bitcoin maximalist, or a new entrant to crypto, there’s a hardware wallet designed to meet your specific needs.
From the versatility of the Ledger Flex and Trezor Safe 3, to the cutting-edge security of the NGRAVE ZERO and the user-friendliness of the Tangem Wallet, the market today offers more secure, high-quality options than ever before.
However, no matter which device you choose, always remember to buy directly from the manufacturer and securely back up your recovery phrases.
Frequently Asked Questions
What is a Cryptocurrency Wallet?
A crypto wallet is a digital or hardware wallet that allows users to store the unique digital codes needed to send and receive crypto assets such as Bitcoin, Ethereum, etc. Most wallets will allow you to hold assets for multiple chains, for example, a single Trezor can hold Bitcoin, Ethereum, Litecoin, Cardano, XRP, and more, regardless of the fact that they all run on different networks. There are some wallets that are specific for one coin or network though such as Bitcoin wallets, Monero wallets and MetaMask, which by default, is an Ethereum only wallet (for all ERC20) tokens, though other networks can be added manually to it.
A very common misconception is that wallets hold your crypto. That is a simplified way of thinking about it, but a mind-blowing fact that very few people know is that no wallet in existence actually stores any cryptocurrency at all! Crypto never leaves its blockchain network, Bitcoin will forever live on the Bitcoin blockchain network, it will never live or be stored physically inside of a crypto wallet. A crypto wallet simply acts as the keys that hold the special digital codes (private keys) needed to access your crypto that is stored on the blockchain… Crazy, I know. You can learn more about cryptocurrency wallets in our How Hardware Wallets Work article.
What are the Types of Cryptocurrency Wallets?
There are software wallets also referred to as hot wallets, which can live on a device such as a computer or mobile phone, and paper wallets, which are, as they sound, a piece of paper where private keys are written down or a QR code is printed. Then, of course, hardware wallets which were covered in this article, are the safest crypto wallet as they are not kept online like software wallets and are not as fragile as paper wallets.
When you hear the terms cold wallet and hot wallet, cold simply refers to being on a device with no online connectivity. The key takeaway when comparing a crypto hard wallet vs soft wallet is that hardware wallets have no remote attack surfaces as they are not connected to the internet, making them more secure.
With the popularity of NFTs on the rise, many digital asset holders are searching for the best wallets for NFTs, and there is no single answer here, as it will depend on what network the NFTs are on. Our pick for the best wallet for NFTs on mobile is the Trust Wallet or Coinbase wallet, as they can handle NFTs on multiple chains. Users looking for the best NFT wallet with utility could consider MetaMask, and Enjin also offers a popular NFT wallet for experienced users into web3 gaming.
What is the Best Multi-Cryptocurrency Wallet?
The best multi-cryptocurrency wallet or best altcoin wallet really comes down to personal preference and coin support. The best wallet in the world is no good if it doesn’t support your favourite coin. For those looking to save a few bucks and want the safest crypto wallet for altcoins, the Trezor One and Tangem are our picks. If you don’t mind splashing out, then the Trezor Model T is a solid pick. If you are someone who is after the best, it is good to note that the NGRAVE and BC Vault have higher security ratings and offer more security features than the Ledger and Trezor.
For software wallets, I have to say the Exodus wallet is one of the best for mobile and computer. Their UI is stunning, and they have the most robust and full-featured software wallet on the market. The Exodus wallet is also able to integrate with Trezor, taking security to the next level. From within the wallet, users can access an NFT marketplace, exchange crypto, and utilize a web3 wallet. I definitely recommend checking out our Exodus review.
Some wallets only hold a single asset, such as Bitcoin Wallets are quite popular, you can learn more about those in our Bitcoin Wallet review, while the best multi-cryptocurrency wallets are often considered the ones on this list for hardware wallets, or popular wallets like Exodus, Trust Wallet, or the Coinbase wallet are also very popular.
How to get a Crypto Wallet?
It is always best to purchase a hardware wallet directly on the company website for reasons we discussed in this article, and never buy second-hand hardware wallets due to a high risk of theft of funds.
For software wallets, always download directly from the company website, or use the website to link directly to the Google Play or Apple App Store. The reason we do not suggest searching the app stores manually is that there are often multiple fake wallets mimicking the company wallet set up by hackers. As soon as you download the fake wallet that looks just like the real wallet, poof, the hackers steal your funds.
Top Bitcoin Wallet?
All the mentions on this list can store Bitcoin and other coins. I would still say Trezor has the best track record, while Cypherock and BC Vault are the safest bets as the best Bitcoin wallets, but if you are looking for Bitcoin-specific wallets or a Bitcoin hardware wallet, you may want to check out our Bitcoin wallet reviews: Top Bitcoin Wallets and Top Bitcoin Wallets for Android.
We often get asked, “what’s the best Bitcoin wallet?” and our pick for the best Bitcoin cold wallets generally coincides with which the best rated hardware wallets are in terms of security. For that reason, we often recommend wallets that have been battle-tested and proven secure, making our pick for the best Bitcoin wallet, the Trezor, though wallets like the BC Vault and Cypherock offer more security features, they do not yet have the long-standing track record of Trezor.
What is an Air Gap Crypto Wallet?
The term “air gap” simply means the wallet has no online connectivity and therefore has no attack surfaces that can be exploited remotely by hackers. The terms air-gapped and cold storage are often used synonymously, simply referring to the device having no network connection. Many of these devices will be charged via USB connection, without the charging connector point having access to the private keys of the wallet.
Most Secure Cold Storage Wallet?
Our pick would go to the NGRAVE ZERO. The ZERO has attained higher security certifications than any of its competitors. The ZERO also has an innovative trustless recovery method and generates the PERFECT KEY in conjunction with user and environmental input, ensuring true randomness and trustlessness.
What is a Cold Wallet?
A cold wallet, also known as cold storage, is a type of cryptocurrency wallet that securely stores private keys offline, usually on hardware devices like the ones mentioned in this article. This method ensures that the private keys and funds are kept isolated from online networks, reducing the risk of hacking, phishing and cyberattacks. Cold wallets are primarily used for long-term storage of cryptocurrencies, providing a high level of security by keeping private keys offline.
Providing financial education to those who need it most has always been a passion of mine. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. I believe that blockchain technology can build a brighter future and am excited to be part of it.
