Keep your cryptocurrencies safe in hardware wallet.

A hardware wallet, or a cryptocurrency wallet, represents the most secure method of storing cryptocurrencies. It is based on a principle of combining hardware (offline) and an online part. The hardware wallet itself represents the offline part, which stores the private keys to your cryptocurrencies. After connecting the wallet to a PC or a mobile phone, the online part communicates with the application in order to carry out sending transactions. The sending transactions can be confirmed simply by entering a PIN number, either by pressing buttons located on the wallet or by entering it on a touchscreen. And only you know the wallet’s PIN number. This is why no else except for you can carry out transactions.

Cryptocurrency wallets are all based on the principle described above. They do vary in how users operate them (buttons or touchscreen) and additional functions (e.g. Bluetooth connection or simultaneous secure storage of passwords to online services, QR code generation, etc.).

Prominent manufacturers of hardware wallets include the French company Ledger with wallets of the same name – Nano S and Nano X, and another Europe company SatoshiLabs with wallets Trezor One and T.

Ledger Nano S

Supports 1 100+ cryptocurrencies and tokens. Thanks to easy, intuitive handling, truly anyone can use the hardware wallet Nano S.

Ideal choice if you are starting to build your own cryptocurrency portfolio and you want to make sure that your cryptocurrencies are secure.

MORE ABOUT LEDGER NANO S

Ledger Nano X

The most advanced hardware wallet with Bluetooth, which makes it perfect for everyday use. It supports 1 100+ cryptocurrencies and tokens.

Suitable for more demanding users who have a larger cryptocurrency portfolio and those who want to take advantage of the Bluetooth.

MORE ABOUT LEDGER NANO X

Trezor One

Cryptocurrency wallet and universal password manager in one. Supports 1 080+ cryptocurrencies and tokens.

Excellent hardware wallet. Great for anyone who wants to secure their cryptocurrencies and a little more (pass manager, QR codes).

MORE ABOUT TREZOR ONE

Trezor T

Supports 1080+ cryptocurrencies and tokens and at the same time securely stores your passwords to online services.

Next-gen hardware wallet with a touchscreen for more disceerning users, with additional functions. Great hardware wallet for crypto enthusiast.

MORE ABOUT TREZOR T

Hardware wallets comparison

  • Number of supported cryptocurrencies

    Number of supported cryptocurrencies

  • Compatibility

    Compatibility

  • Desktop application

    Desktop application

  • Mobile application

    Mobile application

  • Type of connection

    Type of connection

  • Online password manager

    Online password manager

  • Touchscreen

    Touchscreen

  • Weight (g)

    Weight (g)

  • Dimensions (mm)

    Dimensions (mm)

  • Shipping

    Shipping

  • Which users is it for?

    Which users is it for?

Ledger Nano S
60 EUR (66 USD)
  • Number of supported cryptocurrencies

    1 100+

  • Compatibility

    Windows (8+) 64-bit, Mac (10.8+), Linux 16.10 (64-bit)

  • Desktop application

    YES/Ledger Live

  • Mobile application

    YES

  • Type of connection

    microUSB

  • Online password manager

    NO

  • Touchscreen

    NO

  • Weight (g)

    16,2

  • Dimensions (mm)

    56.95 x 17.4 x 9.1

  • Shipping

    FREE

  • Which users is it for?

    User who prefers functionality in the form of secure storage of cryptocurrencies and who does not need additional functions

Recommened
Ledger Nano X
120 EUR (132 USD)
  • Number of supported cryptocurrencies

    1 100+

  • Compatibility

    Windows (8+) 64-bit, Mac (10.8+). Linux 16.10 (64-bit)

  • Desktop application

    YES/Ledger Live

  • Mobile application

    YES

  • Type of connection

    Bluetooth, USB-C

  • Online password manager

    NO

  • Touchscreen

    NO

  • Weight (g)

    34

  • Dimensions (mm)

    72 x 18,6 x 11,75

  • Shipping

    FREE

  • Which users is it for?

    User with a larger cryptocurrency portfolio who will utilize the Bluetooth technology, and appreciates the design and technology of the year 2019

Trezor One
59 EUR (65 USD)
  • Number of supported cryptocurrencies

    1000+

  • Compatibility

    Windows, OS X, Linux

  • Desktop application

    YES/Trezor wallet

  • Mobile application

    YES

  • Type of connection

    microUSB

  • Online password manager

    YES

  • Touchscreen

    NO

  • Weight (g)

    12

  • Dimensions (mm)

    60 x 30 x 6

  • Shipping

    FREE

  • Which users is it for?

    User who will not only use the hardware wallet functions but also the password manager or QR codes for receiving transactions

Trezor T
180 EUR (198 USD)
  • Number of supported cryptocurrencies

    1000+

  • Compatibility

    Windows, OS X, Linux

  • Desktop application

    YES/Trezor wallet

  • Mobile application

    YES

  • Type of connection

    USB-C

  • Online password manager

    YES

  • Touchscreen

    YES

  • Weight (g)

    16,2

  • Dimensions (mm)

    64 x 39 x 10

  • Shipping

    FREE

  • Which users is it for?

    Cryptocurrency enthusiast who wants to own the ultimate, state-of-the-art touchscreen hardware wallet they can play around with

Not at all. Cryptocurrencies can be stored in several different ways.

The first is to leave them at the cryptocurrency trading platform or exchange where you purchased them. However, this is not recommended, unless you use these cryptocurrencies regularly for trading.

If you are planning on „storing“ your cryptocurrencies for a longer time, save them, at the very least, in an official wallet supported by the particular cryptocurrency. Official wallets can always be found on the specific cryptocurrency’s website. Some cryptocurrencies give you a choice from several wallets. The wallets can come in the form of a desktop or mobile application or they can use an online interface.

The third option is to use a hardware wallet. Although it is not necessary for storing cryptocurrencies, it is the safest option because you completely eliminate third-party influence and the disadvantages related to using a mobile or desktop wallet. The private keys to your cryptocurrencies will be safely stored inside it.

Cryptocurrencies are in fact a code running on an internet network. From a functional point of view, they are based on an asymmetrical cryptography which generates a pair of keys, a public one and a private one. It is called asymetrical because the public key can be easily deduced from the private key but not the other way around. A private key is thus kept hidden and you only use it for signing transactions (that is, for verifying that you have the right to manage the cryptocurrency), while the public key, which represents your address, can be publicly displayed. You must always protect your private key and never send it or show it to anyone because the person who holds the private key can manipulate the cryptocurrencies.

Hardware wallets represent the most advanced solution specifically because they are used for storing private keys, which are saved offline in the „hardware“ and the wallet only communicates with the network when conducting transactions, after entering a PIN in the wallet.

The advantage of a hardware wallet lies in the fact that you only have one recovery sequence even if you store dozens of cryptocurrencies on it. That means that you don’t have to have dozens of desktop wallets installed on your PC for all of your cryptocurrencies and a unique recovery sequence written down for each of them.

And of course, hardware wallet provides highest security for your cryptocurrencies.

In case of theft of a „mere“ loss, each hardware wallet has a PIN number (we recommend setting up an 8-digit code at minimum). If the PIN number is entered incorrectly several times in a row, the wallet resets (the number depends on manufacturer settings – Ledger’s is 3 times, Trezor‘s is 16 times). If that happens, or if you lose the wallet (or damage it), you can recover its contents by using a so-called seed, which is the recovery sequence of each wallet. The recovery sequence is generated by each wallet, including the desktop ones.

You will write down this sequence when you first activate the wallet (the wallet will automatically show it to you so that you can write it down and then it will verify that you did write it down). All you need to do afterwards is purchase another hardware wallet from the same manufacturer and recover the contents of the previous one by entering the recovery sequence. The recovery sequence is very important and since it may be used to reinstate the contents of a hardware wallet, you must keep it more secure than the wallet itself, assuming that your PIN number is secure (that is, more than four digits and not written on your wallet).

Cryptosteel is an indestructible offline backup tool for storing the recovery sequence (see previous question).

It is a steel frame into which you place the first four letters of your recovery sequence words. If you store Cryptosteel safely, you know that the funds in your hardware (or desktop) wallet can always be recovered because your recovery sequence is very securely stored on a medium which is immune to external conditions.

The recovery sequence itself is more important to the wallet than the wallet device itself, because the device is protected by a PIN number (the recovery sequence therefore belongs in a safe, while the PIN-protected wallet does not have to be in a safe – you don’t put your credit cards in a safe either). This is why Cryptosteel is the perfect accessory to your hardware wallet.

Have complete control over your cryptocurrencies with a hardware wallet

A hardware wallet, or a cryptocurrency wallet, represents the most secure method of storing cryptocurrencies. It is based on a principle of combining hardware (offline) and an online part. The wallet itself represents the offline part, which stores the private keys to your cryptocurrencies. After connecting the wallet to a PC or a mobile phone, the online part communicates with the application in order to carry out sending transactions. The sending transactions can be confirmed simply by entering a PIN number, either by pressing buttons located on the wallet or by entering it on a touchscreen. And only you know the wallet’s PIN number. This is why no else except for you can carry out transactions.

Cryptocurrency wallets are all based on the principle described above, but they do vary in how users operate them (buttons or touchscreen) and additional functions (e.g. Bluetooth connection or simultaneous secure storage of passwords to online services, QR code generation, etc.).

Prominent manufacturers of hardware wallets include the French company Ledger with wallets of the same name – Nano S and Nano X, and another Europe company SatoshiLabs with wallets Trezor One and T.

Ledger Nano S

Supports 1 100+ cryptocurrencies and tokens. Thanks to easy, intuitive handling, truly anyone can use the Nano S model. Ideal choice if you are starting to build your own cryptocurrency portfolio and you want to make sure that your cryptocurrencies are secure.

LEARN MORE

Ledger Nano X

The most advanced hardware wallet with Bluetooth, which makes it perfect for everyday use. It supports 1 100+ cryptocurrencies and tokens. Suitable for more demanding users who have a larger cryptocurrency portfolio and those who want to take advantage of the Bluetooth technology.

LEARN MORE

Trezor One

Hardware wallet and universal password manager in one. Supports more than 1 000 cryptocurrencies and tokens. Excellent model from the Europe maker SatoshiLabs, great for anyone who wants to secure their cryptocurrencies and a little more.

LEARN MORE

Trezor T

Supports more than 1 000 cryptocurrencies and tokens and at the same time securely stores your passwords to online services. Next-gen wallet with a touchscreen for more discerning users, with additional functions.

LEARN MORE

Hardware wallets comparison

  • Number of supported cryptocurrencies

    Number of supported cryptocurrencies

  • Compatibility

    Compatibility

  • Desktop application

    Desktop application

  • Mobile application

    Mobile application

  • Type of connection

    Type of connection

  • Online password manager

    Online password manager

  • Touchscreen

    Touchscreen

  • Weight (g)

    Weight (g)

  • Dimensions (mm)

    Dimensions (mm)

  • Shipping

    Shipping

  • Which users is it for?

    Which users is it for?

Ledger Nano S
60 EUR (66 USD)
  • Number of supported cryptocurrencies

    1 100+

  • Compatibility

    Windows (8+) 64-bit, Mac (10.8+), Linux 16.10 (64-bit)

  • Desktop application

    YES/Ledger Live

  • Mobile application

    YES

  • Type of connection

    microUSB

  • Online password manager

    NO

  • Touchscreen

    NO

  • Weight (g)

    16,2

  • Dimensions (mm)

    56.95 x 17.4 x 9.1

  • Shipping

    FREE

  • Which users is it for?

    User who prefers functionality in the form of secure storage of cryptocurrencies and who does not need additional functions

Recommened
Ledger Nano X
120 EUR (132 USD)
  • Number of supported cryptocurrencies

    1 100+

  • Compatibility

    Windows (8+) 64-bit, Mac (10.8+). Linux 16.10 (64-bit)

  • Desktop application

    YES/Ledger Live

  • Mobile application

    YES

  • Type of connection

    Bluetooth, USB-C

  • Online password manager

    NO

  • Touchscreen

    NO

  • Weight (g)

    34

  • Dimensions (mm)

    72 x 18,6 x 11,75

  • Shipping

    FREE

  • Which users is it for?

    User with a larger cryptocurrency portfolio who will utilize the Bluetooth technology, and appreciates the design and technology of the year 2019

Trezor One
59 EUR (65 USD)
  • Number of supported cryptocurrencies

    1000+

  • Compatibility

    Windows, OS X, Linux

  • Desktop application

    YES/Trezor wallet

  • Mobile application

    YES

  • Type of connection

    microUSB

  • Online password manager

    YES

  • Touchscreen

    NO

  • Weight (g)

    12

  • Dimensions (mm)

    60 x 30 x 6

  • Shipping

    FREE

  • Which users is it for?

    User who will not only use the hardware wallet functions but also the password manager or QR codes for receiving transactions

Trezor T
180 EUR (198 USD)
  • Number of supported cryptocurrencies

    1000+

  • Compatibility

    Windows, OS X, Linux

  • Desktop application

    YES/Trezor wallet

  • Mobile application

    YES

  • Type of connection

    USB-C

  • Online password manager

    YES

  • Touchscreen

    YES

  • Weight (g)

    16,2

  • Dimensions (mm)

    64 x 39 x 10

  • Shipping

    FREE

  • Which users is it for?

    Cryptocurrency enthusiast who wants to own the ultimate, state-of-the-art touchscreen hardware wallet they can play around with

Not at all. Cryptocurrencies can be stored in several different ways.

The first is to leave them at the cryptocurrency trading platform or exchange where you purchased them. However, this is not recommended, unless you use these cryptocurrencies regularly for trading.

If you are planning on „storing“ your cryptocurrencies for a longer time, save them, at the very least, in an official wallet supported by the particular cryptocurrency. Official wallets can always be found on the specific cryptocurrency’s website. Some cryptocurrencies give you a choice from several wallets. The wallets can come in the form of a desktop or mobile application or they can use an online interface.

The third option is to use a hardware wallet. Although it is not necessary for storing cryptocurrencies, it is the safest option because you completely eliminate third-party influence and the disadvantages related to using a mobile or desktop wallet. The private keys to your cryptocurrencies will be safely stored inside it.

Cryptocurrencies are in fact a code running on an internet network. From a functional point of view, they are based on an asymmetrical cryptography which generates a pair of keys, a public one and a private one. It is called asymetrical because the public key can be easily deduced from the private key but not the other way around. A private key is thus kept hidden and you only use it for signing transactions (that is, for verifying that you have the right to manage the cryptocurrency), while the public key, which represents your address, can be publicly displayed. You must always protect your private key and never send it or show it to anyone because the person who holds the private key can manipulate the cryptocurrencies.

Hardware wallets represent the most advanced solution specifically because they are used for storing private keys, which are saved offline in the „hardware“ and the wallet only communicates with the network when conducting transactions, after entering a PIN in the wallet.

The advantage of a hardware wallet lies in the fact that you only have one recovery sequence even if you store dozens of cryptocurrencies on it. That means that you don’t have to have dozens of desktop wallets installed on your PC for all of your cryptocurrencies and a unique recovery sequence written down for each of them.

And of course, hardware wallet provides highest security for your cryptocurrencies.

In case of theft of a „mere“ loss, each hardware wallet has a PIN number (we recommend setting up an 8-digit code at minimum). If the PIN number is entered incorrectly several times in a row, the wallet resets (the number depends on manufacturer settings – Ledger’s is 3 times, Trezor‘s is 16 times). If that happens, or if you lose the wallet (or damage it), you can recover its contents by using a so-called seed, which is the recovery sequence of each wallet. The recovery sequence is generated by each wallet, including the desktop ones.

You will write down this sequence when you first activate the wallet (the wallet will automatically show it to you so that you can write it down and then it will verify that you did write it down). All you need to do afterwards is purchase another hardware wallet from the same manufacturer and recover the contents of the previous one by entering the recovery sequence. The recovery sequence is very important and since it may be used to reinstate the contents of a hardware wallet, you must keep it more secure than the wallet itself, assuming that your PIN number is secure (that is, more than four digits and not written on your wallet).

Cryptosteel is an indestructible offline backup tool for storing the recovery sequence (see previous question).

It is a steel frame into which you place the first four letters of your recovery sequence words. If you store Cryptosteel safely, you know that the funds in your hardware (or desktop) wallet can always be recovered because your recovery sequence is very securely stored on a medium which is immune to external conditions.

The recovery sequence itself is more important to the wallet than the wallet device itself, because the device is protected by a PIN number (the recovery sequence therefore belongs in a safe, while the PIN-protected wallet does not have to be in a safe – you don’t put your credit cards in a safe either). This is why Cryptosteel is the perfect accessory to your hardware wallet.