Which physical cryptocurrency wallet should you crack in 2022?


If you’re dabbling in bitcoin or other cryptocurrencies, then know that you can get away with storing your private keys in a digital wallet. But if you’re really serious about it, mining your own bitcoins, or have invested a lot of money in cryptocurrencies, then a hardware wallet is something you should seriously consider.

A cryptocurrency wallet is a device that stores and manages the private keys you hold for your cryptocurrencies. It works the same way as the money you keep in your wallet or purse, or your bank details stored on your credit or debit cards. However, there are a number of factors to consider before purchasing such a device. Starting with the price, the durability, the origin of the manufacturer or the ease of use.

There are two types of cryptocurrency wallets, one digital, the other physical. It is on the latter that we will look along this selection. As these devices are chargeable, they require a financial investment to be made from the start, even before being able to take advantage of the advantages they provide. Because, where the latter are very useful, it is for the security that they provide to their owner compared to a mobile application, whose data is stored in the cloud. They also allow better control of digital assets, easier transport and increased independence from cryptocurrency exchange platforms.

To allow you to take advantage of these devices in the best conditions, the ZDNet editorial staff gives you its selection of the best physical cryptocurrency wallets currently available on the market.

Trezor model T, an avant-garde wallet

It is a compact hardware wallet. Not only does it contain your private cryptocurrency keys, but it can also be used to store passwords and even as a U2F hardware token. The Trezor Model T is easy to use thanks to its touch screen. What is also interesting is that it is quick and easy to configure; you can be up and running after following three simple setup steps. While its price has increased over the past few months, it is still the best cryptocurrency hardware wallet you can buy.

Benefits :

  • stores passwords;
  • can serve as a U2F hardware token;
  • installs in three simple steps;
  • has a touch screen.

Inconvenience :

  • a steadily rising price.

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Trezor One, a simplified version of the Model T

Do you need a cryptocurrency hardware wallet without breaking the bank? Take a look at the Trezor One. It is a simplified version of the Model T, perfect for those who want a cheaper and simpler wallet that does not compromise security. A pack of three Trezor One wallets is also available if you want to purchase a set of backup wallets. Its price has increased in recent months, but it remains a bargain, with a cost hovering around 100 euros.

Benefits :

  • a simplified version of the Model T;
  • does not compromise safety;
  • available in a pack of three.

Inconvenience :

  • a steadily rising price.

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Ledger Nano S, PIN protection

Ledger’s Nano S is a physical cryptocurrency wallet that looks like a USB drive. It supports over 30 different cryptocurrencies (including Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Stellar, Dogecoin, and many more), and all ERC20 tokens. Everything is protected by an 8-digit PIN code.

Benefits :

  • supports more than 30 different cryptocurrencies;
  • protected by an 8-digit PIN code.

Inconvenience :

  • a small, non-touch screen.

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Coinkite ColdCard, highest security

The Coinkite ColdCard is the state-of-the-art hardware wallet for the most paranoid users or those who want high security. The ColdCard Mk3 device is a high security device that is built around high security hardware and open source software. It also has a brilliant OLED display and a full-size numeric keypad. You can complement the ColdCard with a range of accessories, including an adapter that allows you to power the ColdCard from a 9V PP3 battery, protecting you from attacks that might use a compromised USB charger.

Benefits :

  • built around high security hardware and open source software;
  • a bright OLED display and full-size numeric keypad;
  • possibility of completing the ColdCard with a range of accessories.

Inconvenience :

  • only supports bitcoin.

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Bitcoin Billfold Steel, resistant to (almost) everything

Made from quality indestructible stainless steel, this cold storage cryptocurrency wallet is designed and built to be fireproof, waterproof, shockproof and hacker proof. It’s the perfect tool to keep your passwords safe, allowing you to recover your private keys in the event that you lose or break your electronic hardware wallet.

Benefits :

  • Made of quality indestructible stainless steel;
  • fire, water, shock and hacker resistant.

Inconvenience :

  • can be difficult to open the first time.

See on Amazon

Source: ZDNet.com





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