Top Cold Wallets for Cryptocurrency: Rankings

A cold wallet for cryptocurrency is a specialized device or solution designed to store digital assets offline, with no continuous internet connection. The crypto community considers this storage method the most secure way to protect funds from hacking and unauthorized access. Most cold wallets are hardware devices that differ in functionality, the number of supported blockchains, and their security level.

Ledger Nano X

For active crypto users

Ledger Nano X delivers an advanced storage solution for experienced users with diverse digital asset portfolios. The device supports up to 100 blockchain applications simultaneously, making it an ideal choice for investors managing multiple cryptocurrencies.

This hardware wallet features a high-quality OLED display with a 128×64 pixel resolution for clear visibility of transaction and balance information. The developers integrated a modern USB-C port for connecting to computers or mobile devices, ensuring reliable connectivity and fast data transfers.

Ledger Nano X supports NFTs on Ethereum and Polygon, providing users access to the rapidly expanding non-fungible token market. Its Bluetooth data transfer capability allows wallet management through a mobile app, offering convenience in any scenario.

Security is built on a certified CC EAL5+ secure chip, which meets the highest cryptographic protection standards. This chip isolates private keys from external threats and defends the device against physical attacks.

The primary distinction between Ledger Nano X and the entry-level Ledger Nano S Plus is the inclusion of Bluetooth and full compatibility with the Ledger Live app on iOS devices, significantly expanding mobile asset management capabilities.

Ledger Nano S Plus

For beginners

Ledger Nano S Plus is positioned as the best choice for users just beginning to explore cryptocurrency. It combines reliability, ease of use, and affordability, making it a compelling option for first-time investors.

The wallet features a 128×64 pixel OLED display for comfortable information viewing and a modern USB-C port for connecting to various devices. Security relies on a certified Secure Element CC EAL5+ chip, ensuring robust private key protection.

Beyond supporting a wide array of cryptocurrencies, Ledger Nano S Plus enables NFT storage and management on Ethereum and Polygon. This allows users to invest in both traditional cryptocurrencies and the digital art and collectibles ecosystem.

Ledger Nano S Plus was developed as an ideal beginner’s cold hardware wallet, with strong emphasis on an intuitive interface and easy setup. Its main difference from the more expensive Ledger Nano X is the absence of Bluetooth and incompatibility with the Ledger Live mobile app on iOS—without impacting core features or device security.

Trezor Model T

Universal model

Trezor Model T is Trezor’s flagship hardware wallet, merging advanced security technology with ease of use. It features a 1.54-inch color LCD touchscreen, making navigation and transaction confirmations straightforward.

The universal USB-C port ensures smooth connection to computers or mobile devices, delivering compatibility with modern hardware and stable data transmission.

Trezor Model T is managed via the versatile Trezor Suite app, available on Apple, Windows, and Linux desktops as well as Android and iOS mobile platforms. A browser version also provides wallet access from any internet-connected device.

Developers describe the Model T as the company’s most advanced cold hardware wallet, emphasizing its technological superiority and broad functionality. It serves as a universal digital asset vault—perfect for both beginners seeking simplicity and advanced users needing sophisticated crypto management capabilities.

Trezor Model One

For beginners

Trezor Model One is the entry-level product in the Trezor lineup, designed specifically for those starting out in crypto. This button-operated hardware wallet stands out for its simple design and reliable performance.

The device uses a classic USB-A port, ensuring compatibility with a wide range of computers and laptops. Wallet management relies on two physical buttons, eliminating the risk of remote hacking through software vulnerabilities.

Trezor Model One is fully compatible with the Trezor Suite app for Apple, Windows, and Linux desktops, Android and iOS mobile systems, and a browser version. This flexibility allows asset management from virtually any device.

Despite its basic feature set, Trezor Model One delivers strong security through proven cryptographic methods. It supports a wide range of cryptocurrencies and receives regular firmware updates to enhance its capabilities.

CoolWallet Pro

For advanced crypto users

CoolWallet Pro is an innovative hardware wallet that combines the compact size of a credit card with advanced features. It measures just 0.8 mm thick and weighs 6 grams, making it one of the most portable solutions on the market.

Despite its small size, CoolWallet Pro provides a robust feature set for experienced crypto users. It supports more than 20 blockchains, including major networks and popular altcoins, allowing for flexible management of a diversified portfolio.

A standout feature is Bluetooth connectivity, which enables asset management through a mobile app—no physical connection to a computer required. This is especially convenient for users who frequently transact on the go or prefer mobile financial management.

Security is built on a CC EAL6+ secure chip, the highest certification level in the industry, defending against physical tampering, side-channel analysis, and private key extraction attempts.

SafePal S1

For those who value 100% offline storage

SafePal S1 is engineered for maximum isolation from online threats, with no wireless communication modules whatsoever. It does not support Bluetooth, WiFi, NFC, or cable connections to other devices, eliminating potential attack vectors via network interfaces.

Interaction with external systems occurs exclusively through QR codes, generated and scanned with the built-in camera. This ensures private keys never leave the device and remain fully isolated from external threats.

SafePal S1 supports 54 blockchains and lets users manually add new tokens as they are released, ensuring long-term relevance and compatibility with new crypto projects.

The device resembles a credit card in size and form, making it convenient for everyday carry in a wallet or pocket. It features a 1.3-inch display, physical buttons for input, and a camera for QR code scanning.

Battery life is impressive: with 10 minutes of daily use, a single charge lasts up to 20 days. SafePal S1 is ideal for users who value independence from constant charging and maximum asset security.

KeepKey

The largest wallet

KeepKey stands out for having the largest OLED display among hardware wallets. The sizable screen delivers maximum readability for transaction, address, and balance details—especially important for large sums and complex operations.

The device supports Windows, MacOS, Linux, and Android, allowing users to work across nearly any platform without special equipment.

KeepKey integrates with ShapeShift’s platform, giving users access to crypto exchange and portfolio management tools directly from the device interface.

The wallet runs on a reliable ARM® Cortex™-M3 processor for stable operation and fast transaction processing. It connects via a standard Micro-USB port, compatible with most devices and cables.

Due to its larger size and weight, KeepKey is best suited for stationary use at home or in the office, where the big display and solid construction are advantages rather than drawbacks.

Expert opinions

To provide an objective evaluation, BeInCrypto’s editorial team surveyed recognized crypto industry experts to identify the best cold wallets for digital asset storage. The results showed Ledger as the clear leader, earning the most recommendations, with Trezor close behind and also highly regarded.

Experts also encouraged BeInCrypto readers to consider innovative solutions like SafePal and not to overlook traditional paper cold wallets, which, when used correctly, offer the highest possible security.

Among Ledger models, Nano X was the undisputed leader, pairing advanced features with user convenience. For Trezor, experts highlighted the flagship Model T and the basic yet reliable Trezor One.

Crypto portfolio manager Artem Ibragimov recommends Ledger cold wallets for their proven reliability and broad blockchain support. TTM Academy’s Stanislav Pankov also considers Trezor wallets noteworthy, especially for users who value open-source code and transparent development.

Denis Trapezenko, trader-analyst at Vekus Mining Development, named Ledger Nano X and Trezor Model T as the best cold crypto wallets on the market, citing their optimal blend of security, functionality, and ease of use.

Crypto enthusiast and Turov Invest head Renat Kalinchenko echoed these views, also singling out Ledger Nano X as the top model in its category. For Trezor, he prefers the basic Trezor One as the best choice for beginners.

Kick Ecosystem CEO and founder Anti Danilevsky offered an alternative perspective, recommending paper cold wallets:

“The most secure solution is a paper wallet with a seed phrase stored in a bank safe deposit box. For large sums, it’s best to use additional encryption known only to the owner, not just write down the 24 words. This approach has drawbacks: if something happens to the owner, the funds may be lost forever. That’s why it’s important for a trusted person—a relative, attorney, or notary—to have access to the decryption key via a sealed will or other secure mechanism. All hardware devices, if physically accessible, are potentially vulnerable and can be compromised in a relatively short time.”

Green Crypto Processing COO Ivona Gutovich listed her top three cold wallets: Ledger Nano X, Trezor Model T, and SafePal S1. She noted:

“The only drawback of cold crypto wallets is that transactions can be more complex than with hot wallets. However, the higher security more than compensates for this inconvenience. For serious investors, extra time spent confirming transactions is a reasonable price for safeguarding assets.”

Which cold wallet to choose

The best cold wallet depends on individual needs, portfolio size, and technical skills.

Ledger Nano S Plus is a versatile option that’s ideal for most users. It offers reliability, affordability, and the functionality needed for comfortable crypto asset management, making it the best choice for beginners and those who don’t need advanced features.

Users seeking more advanced features should consider Ledger Nano X and Trezor Model T. These devices provide Bluetooth, touchscreens, and extended blockchain support, making them perfect for active traders and seasoned investors.

For crypto enthusiasts who want the broadest range of features, CoolWallet Pro is the top pick. Its compact design, support for 20+ blockchains, and advanced management tools make it indispensable for crypto professionals.

SafePal S1 is the best choice for those who prioritize security and want to minimize online risks. Complete isolation from network interfaces and QR code-based interactions ensure maximum protection from remote attacks.

Trezor Model One is great for beginners who want a simple, reliable cold wallet without extra features. Its intuitive interface and proven design make it an ideal first hardware wallet.

The larger KeepKey is optimal for users who prefer not to carry their wallet around and value a big display for managing transactions. It’s best for stationary use at home or in the office, where size and weight are advantages.

FAQ

What is a cold wallet for cryptocurrency and how does it protect digital assets?

A cold wallet is an offline storage device that never connects to the internet, protecting private keys from online attacks and malicious smart contracts. It is used only for sending and receiving assets, ensuring maximum security for long-term crypto storage.

What are the best hardware cold wallet brands? Which is better: Ledger or Trezor?

Ledger and Trezor are the top hardware wallet brands. Ledger stands out for performance and cryptocurrency support, while Trezor is known for its color touchscreen. Your choice should depend on your needs and preferences.

What’s the difference between a cold wallet and a hot wallet? How do I choose?

A cold wallet stores crypto offline for maximum security. A hot wallet is always online—more convenient for trading, but less secure. Make your choice based on how often you use crypto and your risk profile.

How do you set up and use a hardware cold wallet for crypto storage?

Connect the device to your computer, open the management app, and create a new account. Keep private keys offline at all times. Never sign smart contract approvals from a cold wallet. Store your recovery phrase securely to restore access if needed.

Which major cryptocurrencies and tokens do cold wallets support?

Cold wallets support Bitcoin (BTC), Ethereum (ETH), and many more cryptocurrencies. Ledger Nano X supports over 1,500 cryptocurrencies, Trezor Model T—over 1,600, including ERC-20 tokens and assets across multiple blockchains.

How much does a hardware wallet cost? Which model offers the best value?

Hardware wallets cost between $50 and $150. Ledger Nano X is the best value for security, broad crypto compatibility, and reliability. Trezor Safe 5 and SafePal S1 Pro also offer excellent value for different requirements.

What if my cold wallet is lost or damaged? How do I recover my funds?

Use your recovery phrase to restore your account. Transfer all assets, then initialize a new wallet. After recovery, always verify the security of your funds.

Are cold wallets really 100% secure? What risks should I consider?

Cold wallets are very secure for holding crypto, but not absolutely risk-free. Main risks: counterfeit devices, information leaks during purchase, user mistakes. Buy only from official sellers and inspect the device when you unbox it.

Should beginners use a cold wallet or an exchange wallet?

Should beginners use a cold wallet or exchange wallet? Beginners should use a cold wallet for long-term storage. Cold wallets keep private keys completely offline, effectively preventing hacker attacks and platform risks. Hardware wallets are the best choice for maximum security. Exchange wallets are convenient for trading but carry a risk of theft and platform failure.

How can I tell if a cold wallet is fake, and what should I look for when buying?

Check the authenticity of the packaging, serial number, and security seals. Only buy from official dealers. Make sure the software is genuine and verify device data on the blockchain.