Top Cold Wallets for Cryptocurrency: Rankings

A cold crypto wallet refers to a wallet that stores coins offline—without continuous network access. This method is regarded as the most secure within the crypto community. Cold wallets are typically hardware devices, with models varying in the number of supported coins and other features.

Hardware cold wallets deliver the highest level of protection for digital assets by keeping private keys isolated from the internet. They are the preferred solution for long-term cryptocurrency storage. Unlike hot wallets, which remain online, cold wallets greatly reduce the risk of hacking and theft.

Ledger Nano X

Designed for active crypto users

Ledger Nano X supports up to 100 apps, making it an ideal choice for users with diversified crypto portfolios. This hardware wallet features a 128×64 pixel OLED display for clear transaction information. It includes a modern USB-C port for fast, stable data transfers when connected to a computer.

The wallet offers NFT support on the Ethereum and Polygon blockchains, as well as Bluetooth connectivity, enabling asset management through a mobile app. Ledger Nano X incorporates a certified secure chip (CC EAL5+), providing bank-grade protection for private keys.

Ledger Nano X stands apart from Ledger Nano S Plus with Bluetooth support and compatibility with Ledger Live on iOS. This makes it more versatile for users who prefer managing crypto from mobile devices. Its built-in battery allows use without a constant computer connection.

The wallet is available in three colors: black, blazing orange, and cosmic purple. Its compact, ergonomic design ensures comfort for everyday use.

Ledger Nano S Plus

Designed for beginners

Ledger Nano S Plus features a 128×64 pixel OLED display and a USB-C connector. It is built around a certified Secure Element chip (CC EAL5+), offering robust protection for digital assets against both physical and software attacks.

Alongside cryptocurrencies, the wallet supports NFTs on Ethereum and Polygon, broadening user options for digital collectibles. The device is compatible with over 5,500 crypto assets, making it a versatile solution for storing a wide range of tokens.

Developers position Ledger Nano S Plus as the ideal hardware cold wallet for beginners, thanks to its straightforward setup and intuitive interface. Unlike the pricier Ledger Nano X, Ledger Nano S Plus does not support Bluetooth or Ledger Live on iOS, making it a more affordable option for those not seeking mobile management.

The wallet comes in four colors: black, Bitcoin orange, icy (semi-transparent case), deep blue, and mystical white. Its compact size makes it easy to carry or store securely.

Trezor Model T

Universal model

The Trezor Model T wallet features a 1.54-inch color LCD touchscreen, making device interaction convenient. Developers included a modern USB-C port for reliable computer connections.

Trezor Model T can be managed via the Trezor Suite app for desktop (Apple, Windows, Linux, Android & iOS) and browser. The app provides full control over crypto assets, including exchange, portfolio monitoring, and transaction management. The intuitive interface ensures comfort for both beginners and experienced users.

Developers regard Model T as the most advanced hardware cold wallet in the company’s history, combining top-tier security technologies with user-friendly operation. The device serves as a universal storage solution for digital assets and supports over 1,800 cryptocurrencies and tokens, making it one of the most versatile options on the market.

Trezor Model One

Designed for beginners

Trezor Model One is a button-operated hardware wallet with a USB-A connector for reliable computer connectivity. It is compatible with the Trezor Suite app for desktop (Apple, Windows, Linux, Android & iOS) and browser.

The Trezor Model One cold wallet is available in white and black. Despite its simple design, it delivers robust security through open-source code, allowing the community to verify system reliability.

This wallet supports over 1,800 cryptocurrencies and tokens, making it a universal solution for storing digital assets. Its compact size and lightweight build make it easy to carry. Trezor Model One is an excellent choice for newcomers seeking a reliable and affordable way to store digital assets.

CoolWallet Pro

For advanced crypto users

CoolWallet Pro is an ultra-thin (0.8 mm) hardware wallet weighing just 6 grams, making it the most portable cold wallet on the market. Despite its compact size, it offers a wide range of features appreciated by advanced users.

CoolWallet Pro supports over 20 blockchains and Bluetooth connectivity, enabling asset management via a mobile app anywhere. Its credit card form factor makes it easy to carry in a wallet for daily use.

The wallet is equipped with a CC EAL6+ chip, delivering maximum protection for private keys—one of the highest security standards in the hardware wallet industry. CoolWallet Pro also supports biometric authentication, adding an extra layer of defense against unauthorized access.

SafePal S1

For those who value 100% offline storage

The creators of SafePal S1 focused on complete offline operation, making it one of the most secure wallets available. The wallet does not support Bluetooth, WiFi, NFC, or cable connections to other devices, eliminating the risk of remote hacking.

SafePal S1 supports 54 blockchains and lets users load new tokens as they appear, ensuring long-term device relevance and compatibility with new crypto projects without needing to buy a new wallet.

The device resembles a credit card in appearance and size. According to developers, this form factor simplifies wallet operation and makes it convenient for daily use. It features a 1.3-inch display, buttons for command input, and a camera for scanning QR codes, enabling transactions without physically connecting to other devices.

With 10 minutes of daily use, the battery lasts up to 20 days, supporting autonomous operation without frequent charging. The built-in self-destruct mechanism for data in the event of a hacking attempt adds extra protection for digital assets.

KeepKey

The largest wallet

KeepKey is a hardware crypto wallet featuring the largest OLED display on the market, offering enhanced convenience for viewing transaction and address data. It is compatible with Windows, MacOS, Linux, and Android, making it a versatile solution across operating systems.

KeepKey owners can use tools from the ShapeShift platform, enabling direct crypto exchange through the wallet interface without third-party services.

The wallet uses an ARM® Cortex™-M3 processor for fast transaction processing and stable performance. It connects to computers via Micro-USB, compatible with most modern devices.

KeepKey’s large display allows detailed transaction review before confirmation, minimizing risks of errors and fraud. Its durable metal case provides reliable protection against physical damage, supporting long-term use.

FAQ

What is a cold wallet, and why is it necessary for storing cryptocurrency?

A cold wallet is an autonomous device for storing cryptocurrencies, offering high security by keeping private keys offline. Cold wallets protect against hacking and malware, making them the ideal solution for secure crypto asset storage.

Cold wallet vs. hot wallet (differences and which is safer?)

A cold wallet (offline storage) is not connected to the internet, offering maximum security for long-term holdings. A hot wallet (online) connects to the internet, offering convenience for frequent transactions, but is less secure. For large amounts, cold wallets are recommended.

Best hardware cold wallets of 2024 and how to choose?

Top choices include Ledger Nano X and Trezor Model T, both providing high security. When selecting, consider loss protection, support for multiple cryptocurrencies, and user reviews. Both wallets reliably safeguard your assets.

Which cold wallet is best: Ledger, Trezor, or KeepKey?

All three brands are highly reliable. Ledger stands out for compatibility and popularity, Trezor for maximum security, and KeepKey for wide crypto support and recovery options. Your choice depends on your priorities and needs.

Which cryptocurrencies and blockchain networks do cold wallets support?

Cold wallets support major cryptocurrencies including Bitcoin, Ether, Litecoin, Ripple, and many altcoins. They are compatible with multiple networks such as Ethereum, Binance Smart Chain, Polygon, and others. The exact supported assets depend on the wallet model.

How can you safely set up and use a hardware cold wallet?

Buy the wallet from a trusted source. Write down your recovery phrase and keep it in a secure location. Set a strong PIN, update firmware, double-check addresses before transactions, confirm all activity on the device, and never share private keys or mnemonic phrases with anyone.

How do you recover funds after losing or damaging a cold wallet?

If you have a backup seed phrase (mnemonic), you can restore access by importing it into a new wallet. Without a backup, recovery is impossible. Always keep your seed phrase safe.

How much does a cold wallet cost, and is it worth investing in?

Cold wallets range from $50 to $200. Investing in one is worthwhile if you value crypto asset security and full control. Protection from hackers justifies the cost.

How should you safely store private keys and mnemonic phrases for a cold wallet?

Store private keys and seed phrases in a secure physical location, such as a safe. Avoid digital storage. Write them on paper and keep copies in several secure places. Never share this information or take screenshots.

What steps are required for transactions using a cold wallet?

Generate public/private key pairs, keep the private key offline, and sign transactions on the device. Always verify transaction details before finalizing payment.