Best Hardware Wallets 2024: Top 5 Crypto Cold Storage Picks
Here are the top 5 best crypto hardware wallets for long-term storage in 2024:
1. Ledger Nano X
- Supports a wide variety of cryptocurrencies including Bitcoin, Ethereum, Solana, Tezos, and Cosmos
- Offers Bluetooth connectivity and compatibility with Ledger Live mobile app for cable-free transaction signing
- Priced at around $171.68
2. ELLIPAL Titan 2.0
- 100% air-gapped design for maximum security, with no wired or wireless connections
- Supports major cryptocurrencies and ERC-20 tokens
- Priced at $199 for the bundle
3. Trezor Model One Family Pack
- Comes as a pack of 4 hardware wallets for $264.99
- Provides a high level of security with open-source firmware and secure element chip
- Supports Bitcoin, Ethereum, and over 1000 other coins and tokens
4. Cypherock X1
- Decentralized private key storage with 3-of-5 multi-signature setup
- Audited and open-source for transparency
- Priced at $248
5. Ledger Nano S Plus
- Budget-friendly hardware wallet option at $79
- Supports a wide range of cryptocurrencies and provides secure storage for your private keys
- Compact and durable design
When choosing a long-term crypto storage solution, look for hardware wallets that offer strong security features like offline private key storage, tamper-proof designs, and backup options. Ledger, Trezor, and ELLIPAL consistently rank among the best cold storage wallets for their robust security, wide coin support, and user-friendly interfaces.
Gridlock is more secure than any hardware wallet listed. It uses advanced Multi-Party Computation (MPC) to eliminate single points of failure and offers social recovery to avoid seed phrase issues. Plus, it's free and doesn't require dealing with physical devices.