In brief

  • A cryptocurrency hardware wallet keeps your private keys stored in a secure offline environment.
  • Hardware wallets are widely considered to be the gold standard for securing Bitcoin and other cryptocurrencies.

When it comes to storing cryptocurrencies safely, hardware wallets are widely considered to be the gold standard.

Hardware wallets keep the private keys to your crypto stored in a secure offline environment—meaning that unlike software wallets, they’re completely immune to online attacks. The best hardware wallets are also resistant to physical tampering.

Hardware wallets are ideal for anybody looking to safely store a substantial cryptocurrency portfolio, or carry their portfolio with them on the move. They are also an excellent choice for anybody looking to store their crypto assets long-term, with little need to access them regularly.

There are currently dozens of options on the market, each with their own pros and cons, and target userbase; we’ve rounded up some of the leading contenders.

1.Ledger Nano S Plus

Ledger Nano S Plus. Image: Decrypt

The most recent addition to Ledger’s hardware wallet range, the Ledger Nano S Plus sits in-between the flagship Nano X and the base-level Nano S in the lineup.

It sports the same large screen seen on the Nano X, as well as greater storage capacity than the Nano S, and charges using a USB-C cable rather than the old micro-USB seen on the Nano S. The only area where it loses out against the Nano X is its lack of a Bluetooth connection—leaving iOS users with no way to connect the wallet to their iPhone (Android…

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