There are two types of cryptocurrency wallets: hot wallets and cold wallets. Keys are used in hot wallets (a type of cryptography, like a password). They are less secure than cold wallets since they are created or stored on a connected device.

A bitcoin storage solution that is not linked to the Internet is known as a cold wallet. They’re also known as Hardware wallets, because they work with physical media, usually in the form of a USB stick. Because it requires hackers to have access to your device and the related PIN/Password, it is considered the most secure sort of wallet.

The following is a hand-curated list of the best crypto cold wallet apps and software, along with popular features, key data, and website connections. There are both open-source (free) and commercial (paid) wallets on the list.

Also Read: Crypto Wallet VS Crypto Exchange: Which One Is Safer?

Best Crypto Offline Wallets: Top Bitcoin Hardware Wallet Picks

1. The Ledger Nano X 

The Ledger Nano X is the company’s second-generation hardware wallet. For a reason, the greatest crypto hardware wallet is a physical wallet. Because mobile users can utilize their wallets on their phones, you can manage, exchange, and buy crypto while on the go. As a result, even if you don’t have access to a computer, you can still trade efficiently using your Android or iOS mobile.

It comes with Ledger Live software, which allows you to check your balance as well as send and receive currencies. With over 1,800 digital coins and tokens supported by Ledger, you’re not confined to Bitcoin. Coin staking is also supported by Ledger Live, allowing you to earn rewards based on your balance.

This crypto cold wallet’s dimensions are 72mm x 18.6mm x 11.75mm, and it weighs roughly 34 g. The Ledger Nano X is made of brushed stainless steel and includes a lithium-ion 100mAh battery. One hardware wallet, one USB-C to USB-A cable, one getting started leaflet, three recovery sheets, and one keychain strap is included in the box. This crypto wallet gives you access to all smart services, such as DeFi apps and NFTs.

Pros

  • It can handle a large number of digital assets.
  • Ledger Live is available to you.
  • Between 3 and 20 separate programs can be stored.
  • Provides secure storage at a minimal cost.
  • It accepts over 5,500 different cryptocurrencies.
  • The device is compatible with both mobile and desktop computers.

Cons

  • This crypto wallet has a maximum storage capacity of three apps.

2. Trezor Model T 

Trezor Model T is a cryptocurrency hardware wallet that gives customers rapid access to third-party exchanges like Changelly and CoinSwitch via the Trezor web interface.

This encrypted hardware wallet has a touch screen interface that is easier to use for new cryptocurrency users than its predecessor. This best cold wallet’s dimensions are 64 mm x 39 mm x 10 mm, and its weight is roughly 22 g.

One Trezor Model T hardware wallet, one USB-C to USB-C cable, two Recovery seed cards, a Model T magnetic dock, and one keychain strap are included in the kit.

It’s one of the finest cold storage wallets since it comes with a USB-C to USB-A adapter that allows you to connect to a desktop computer or, if you prefer, a smartphone through Bluetooth.

Pros: 

  • There is no limit to how much money you may store in your wallet.
  • Keep your passwords in a secure location.
  • More than 1,800 currencies are supported.
  • Authentication that is segregated from the rest of the network.
  • Offline storage that is extremely secure

Cons:

  • It’s difficult to type on a little touchscreen
  • Crypto Cold Wallet is not very secure

3. Ledger Nano S (Secure Ledger)

The Ledger Nano S is one of Ledger’s most popular cold wallets. It’s one of the first hardware wallets to support over 1800 different cryptocurrencies. The Nano S has sufficient storage to create wallets for a limited amount of cryptocurrencies at once.

The Ledger Nano S measures 104mm x 58mm x 5mm in size and weighs 16.2g. It is constructed of brushed stainless steel and plastic. It comes with a powerful 100mAh battery. 1 hardware wallet, 1 USB cable, 1 getting started pamphlet, 3 recovery sheets, and 1 keychain strap are included in the box. Micro-B is the USB cable type.

Pros: 

  • Ledger Live software provides ultimate protection and management over your cryptocurrency.
  • Simple to use Hardware Drive in the USB Style
  • Simple but effective
  • Allows you to create a 20-character recovery password.

Cons:

  • For new users, the operation is difficult and complex.
  • Only 18 applications will be accepted.

4. CoolWallet Pro:

CoolWallet Pro is a DeFi-focused mobile hardware wallet that allows you to connect to a device over an encrypted Bluetooth connection within a 10-meter radius without requiring an internet connection. It makes it simple to communicate with DeFi, Dapps, and NFT. Its body is tamper-proof and entirely water-resistant, and its lithium-ion battery lasts for several weeks on a single charge.

With its EAL6+ secure element (SE), AES256 encrypted Bluetooth Low Energy (BLE), and five processors to handle its Power Management, this one of the best hardware wallets delivers multi-layer cold storage security.

Pros

  • It supports both Android and iOS smartphones and provides encrypted Bluetooth communications.
  • Secure Element that is EAL 6+ certified.
  • Your cold storage wallet allows you to track, view, and exchange cryptocurrency.
  • It allows you to earn incentives by staking crypto using the wallet.
  • Bluetooth link that is encrypted
  • Connecting and integrating a mobile device is simple.

Cons

  • There isn’t much to choose from when it comes to staking bitcoin.

5. S1 Safepal

In 2019, the SafePal S1 Hardware Wallet was released after three years of development. It works with 19 different blockchains and over 10,000 different crypto tokens, including non-fungible tokens (NFTs). SafePal is one of the top cold storage wallets, intending to provide crypto users with a secure, straightforward, and simple-to-use crypto management solution.

You may also combine numerous operational and security aspects, such as recovery seed, two-factor authentication (2FA), and a pin code, making it a more secure solution than other hardware wallets.

It’s a fashionable wallet with a crisp display but a shaky keyboard. SafePal is fully functional at temperatures ranging from -4° to 158° F. SafePal S1, USB-A to Micro-USB cable, three recovery sheets, a cleaning cloth, and one quick start instruction are all included in the box.

This cold crypto wallet may be charged using a USB connection. It has a 400mAh battery and no connectivity options.

Pros

  • Independent secure element EAL 5+
  • The price is reasonable.
  • Multiple layers of security sensors are available.
  • Work on a self-destruct device is ongoing.
  • Community help is available 24 hours a day, 7 days

Cons

  • This is not an easily transportable device.
  • There are a limited number of coins that are supported.

Also Read: Best Bitcoin Wallets In Nigeria 2022

Why You Need To Secure Your Crypto Assets

Cryptocurrencies are extremely volatile, with prices changing frequently. Cyber-attacks, hacks, and frauds pose a threat to your entire investment portfolio.

Here are some crucial precautions you should take to protect your crypto assets:

By putting your private keys on an offline computer or external hard drive, you can keep them safe and secure.

Always use exchanges that have been suggested by credible websites while trading cryptocurrency. The following is a list of the best cryptocurrency exchanges.

You should never give out your private key to anybody else because it allows them complete access to your account, potentially resulting in money loss or identity theft if they chose to steal from you for any reason (i.e. fraud).