7 Best Hardware Crypto Wallets
A hardware wallet makes sure that ONLY YOU will have access to your private keys for your cryptocurrency. We will list 7 of the best Hardware crypto wallets available in India, discuss their pros and cons as well as what they offer for their price. We have linked trustable sites to buy these wallets but we recommend doing your share of research before buying. These items are not listed in any particular order.
Ledger Nano X
Pros
Pin and 20-word recovery seedSupports over 1800+ cryptocurrenciesBig Display with two-button controlBluetooth for easy access
Cons
ExpensiveLimited wallet storage ( Can hold 20 apps installed)
Ledger Nano X is a very popular hardware wallet recommended by a lot of industry professionals. This is due to its compact design as well as the high security it provides. It is PC and mobile-friendly with the help of their Ledger app which gives you complete control over your wallet and you can add or remove crypto applications easily. Ledger X also comes with Bluetooth connectivity which gives you easy access to your crypto wallet without risking your private key as the only address is shared over Bluetooth making it very handy on the go hardware wallet.
Ledger Nano S
Pros
Affordable hardware walletIntegrates a certified secure chip and staking supportOver 1800+ cryptocurrencies supportedGood for beginners
Cons
Very limited storage (Can hold only 3 apps installed)No Bluetooth supportSmaller display
Ledger Nano S is a smaller and affordable alternative to the Nano X. It comes with the same level of hardware security and 20-word recovery seed making it one of the most secure and trusted wallets out there especially for beginners who do not have a large portfolio. It shares the same design as its expensive counterpart but it does miss out on conveniences like Bluetooth and limited storage which is even less compared to the already limited storage of Nano X. This means you might have to constantly install or delete apps.
Trezor One
Pros
Lightweight and compact design2 button easy controls with an OLED display9 digit pin and 24 digit security phraseAffordable
Cons
Limited StorageDoes not support a lot of Cryptocurrencies
Created by SatoshiLabs back in 2011, Trezor One is the first hardware wallet ever to be created and even today stands the test of time. It is compatible with both PC and Android as well and provides top-notch security making it ideal for beginners with a small budget. But it lacks a touchscreen and does not support a number of new cryptocurrencies. Plus it also has limited storage which limits the number of apps installed on it but still, it is a very solid device for what it offers.
Trezor Model T
Pros
Full touchscreen controlsOver 1000+ cryptocurrencies supportedLightweight and compact designShamir Backup and SD card support
Cons
ExpensiveDoes not support a wider variety of cryptocurrencies
Trezor Model T is a flagship device from Trezor. It comes with a touchscreen ditching the 2 button controls which allow most of the actions on the device itself even the recovery process. This results in higher security as no sensitive information is required to be entered on a computer. Its software is also open source which means that third parties can check it for security flaws. The noticeable feature is the SD card support which allows you to store quite a number of applications without removing them or even backups.
Safe Pal S1
Pros
Colored Screen with navigation buttonsCompletely offline operationCan be updated to add support for new currencies2 layer security with hardware tampering detectionSelf destruct functionality
Cons
Does not have support for certain tokens and cryptocurrenciesLimited storage for apps
SafePal S1 is a very advanced and secure hardware wallet. It works completely offline even without the need for a USB connection. Its pricing makes it a very competitive product. It comes with an EAL 5+ secure element and multiple layers of security sensors that can detect hardware tampering. It can also self-destruct on detection of malware or tampering. The screen and navigation buttons allow most operations to be done on the device itself and it uses QR codes to allow access to your crypto wallet.
Secu X W20
Pros
2.8-inch full touchscreen controlBluetooth supportMilitary-grade secure elementOver 1000+ cryptocurrencies supported
Cons
Extremely expensive compared to other wallets
Secu X W20 is a premium hardware wallet. It is priced relatively high even when compared to the flagship wallets of Ledger and Trezor, but still, it holds up in the features it offers and the security it provides. The wallet comes with a high-grade storage device best suited for coins such as Bitcoin, Ethereum, and other altcoins. It comes with Infineon CC EAL5+ and military-grade secure element security. It is compatible with PC and Android both. Its rugged design makes it robust but its price is its only major downside.
Keepkey K1 14 AM
Pros
Easily readable large displaySimple to navigate user interfaceShapeshift integration makes swapping cryptocurrencies easierAluminum build with a compact design
Cons
No U2F authenticationDoes not support a lot of walletsVery limited coin and token support
KeepKey is a fairly new company but its product is a beautiful and well-constructed hardware wallet that is easy to use and navigate thanks to its widescreen due to its affordable price, it becomes quite a lucrative option for those who want a decent hardware wallet on a budget. It does lack some advanced security measures and does not have wide support of many cryptocurrencies and tokens which limits its potential compared to its competitors. But still, it is a great option for beginners or people with fewer funds.
Wrapping Up
This brings our list of the 7 best hardware crypto wallets to an end. While storing your crypto on exchanges and online wallets is okay for smaller amounts of money, but if you have a big investment then it is ideal to go for hardware wallets.
