5 BEST Cold Wallet for Crypto Storage (Dec 2022 Update) (2024)

Crypto wallets are divided mainly into two types: hot wallets and cold wallets. Hot wallets use keys (a type of cryptography, like a password). They are created or stored on a connected device and are considered less secure compared to cold wallets.

A cold wallet is a cryptocurrency storage solution that is not connected to the Internet. They are also called Hardware wallets and use a physical medium — typically in the shape of a USB stick. It is considered the most secure type of wallet because it would require hackers to have access to your device and the associated PIN/Password.

There are many Cold wallets in the market, and it’s difficult to choose an online cold wallet for your crypto storage needs. Following is a curated list of top Cold wallet apps that are easy to use and super-secure. The list contains free and paid apps with popular features and website links.

Best Crypto Cold Wallets: Top Bitcoin Cold Storage Wallet Picks!

Key Specs:

Coins Supported: 5500+ coins, including Bitcoin, Litecoin, Dogecoin, Ethereum, LINK Chainlink, etc.
Type of Wallet: Cold wallet
Available Countries: Delivered to all the countries
Mobile App: Android and iOS.
Size: 72mm × 18.6mm × 11.75mm
Material: Brushed stainless steel and plastic
Exchange Incorporated: Yes
Battery: Lithium-ion 100mAh battery that gives 8 hours of extended battery life.
Connectivity: Bluetooth and USB-C cable
Customer Support: It has a vast knowledge-based page, live chat, and email chat
Staking Support: Yes
Blockchain Support: ERC20
Certification Level: CC EAL5+
Price: $149

Visit Ledger Nano X

Key Specs:

Coins Supported: 1800+ including Bitcoin, Ethereum, Ripple, HEX, etc.
Type of Wallet: Cold wallet
Available Countries: Delivered to all the countries
Incorporated Exchange: Yes
Mobile App: Android
Compatibility: Linux, Android, Windows 10+, macOS 10.8+
Size: 64 mm x 39 mm x 10 mm
Connectivity: USB-C connector
Staking Support: Trezor hardware wallets do not allow cryptocurrency staking. Users can, however, link the Trezo Model T or Trezor One wallet to a third-party validator or staking pool. They can also use the Exodus wallet as a staking interface
Customer Support: email, Trezor wiki page, FAQ section
Blockchain Support: ERC20
Certification Level: CE and RoHS certified.
Battery: External power source.
Price: 189 EUR

Visit Trezor >>

Key Specs:

Coins Supported: BTC, ETH, LTC, XRP, XLM, BNB, USDT, TRX, DOT, etc.
Type of Wallet: Cold Wallet
Supported platforms: Windows, Mac
Customer Support: Live chat support
Mobile App: Android and iOS
Incorporated Exchange: Yes
Dimensions & Weight: 112mm x 65mm x 18mm
Material: aluminum alloy
Battery: 1400 mAh
Certification Level: FIDO Certified
Price: $159

Visit ELLIPAL Bundle

Key Specs:

Supported Coins: BTC, ETH, XRP, BCH, DOT, LTC, TRX, EOS, XLM, ADA, etc.
Type of Wallet: Cold Wallet
Available Countries: Delivered to all the countries
Mobile App: Android and iOS
Supported platforms: Windows 8.1+, macOS 10.14+, Android 7+, and Linux.
Incorporated Exchange: Yes
Dimensions & Weight: 104mm х 58 mm х 5mm, and its weight is 16.2g.
Material: Brushed stainless steel and plastic.
Integrated with software wallets: Bluewallet, Electrum, Metamask, Wasabi, and Sparrow.
Stacking Support: Yes
Customer Support: It has a vast knowledge-based page, live chat, and email chat
Certification Level: CC EAL5+
Battery: External power source.
Price: $59.00

Visit Ledger Nano S

5) ELLIPAL Titan Mini – Ultimate Air-gapped Cold Wallet

ELLIPAL Titan Mini Cold Wallet is one of the most portable, easy-to-use, and secure hardware wallets in 2022. With its air-gapped and fully metal seal design, it is created to keep cryptocurrency secure from both online and offline threats. Much like operating a big screen on a smartphone, ELLIPAL users can set up ELLIPAL Titan Mini within three minutes.

It is used with ELLIPAL Mobile APP to check balances, and send and receive currencies. ELLIPAL Titan Mini support 34 blockchains, 10,000+ Tokens, and NFTs. With ELLIPAL Mobile APP, users can trade anywhere at any time.

Its box content 1 ELLIPAL Titan Mini Cold Wallet, 1 Magnetic Adapter, 1 USB-C to USB-A cable, 1 Instruction Manual, and 2 Recovery Seeds cards. The USB-C to USB-A cable can only be used to charge the device without transmitting data.

Key Specs:

Coins Supported: 41 Blockchains and 10,000+ Tokens supported
Type of Wallet: Touchscreen Cold Wallet
Account Support: 5
Incorporated Exchange: Yes
Customer Support: Live chat support
Mobile App: Android and iOS
Dimensions & Weight: 75mm × 71mm × 10.5mm
Material: Aluminum Alloy, fully metal sealed
Battery: 600 mAh
Certification Level: CC EAL5+

Visit ELLIPAL Titan

6) Safepal S1 – Best for beginners to advanced Traders

The SafePal S1 Cold Wallet was launched three years back in 2019. It supports 19 blockchains and 10,000+ crypto tokens, including non-fungible tokens (NFTs). SafePal is one of the best cold storage wallets, which intends to provide crypto customers with a safe, simple, and easy-to-use crypto management solution.

You can also combine several operational and security elements, including recovery seed, two-factor authentication (2FA), pin code, which make it a safer option than most cold wallets out there.

It is a stylish wallet with a clear screen but a dodgy keyboard. SafePal remains fully operational at a temperature of -4° to 158° F. The box offers SafePal S1, USB-A to Micro-USB cable, three recovery sheets, cleaning cloth, and one quick start guide. You can charge this cold crypto wallet with USB cable. It comes with a highly powerful 400mAh battery, and this device doesn’t provide any connectivity.

Key Specs:

Supported Coins: 34 blockchains and 30, 000+ tokens BTC, ETH, XRP, LTC, XLM, TRX, DOGE, DOT, POLYGON, ADA, etc.
Type of wallet: Cold Wallet
Integrations: DeFi, Dapp and NFT (e.g., Compound, Opensea)
Mobile App: Android and iOS.
Incorporated Exchange: Yes
Dimensions & Weight: 8.6 x 5.4 x 0.6
Material: Made of Metal body
Power: Charged with USB cable
Battery: 400mAh (Could endure 20 days based on 10 minutes daily use)
Available Countries: Delivered to all the countries
Customer Support: Live chat and email support
Certification Level: EAL 6+ Certified
Price: $49.00

Visit Safepal >>

Key Specs:

Supported Coins: BTC, ETH, LTC, XRP, XLM, BNB, USDT, TRX, Tezos, Cardano, ETH 2.0, and ERC20 tokens.
Type of wallet: Cold Wallet
Dimensions & Weight: 85.6mm x 54mm x 0.8mm
Incorporated Exchange: Yes
Material: Made of Metal body
Mobile App: Android and iOS
Staking Support: Polkadot (DOT), Cosmos (ATOM), and Tron (TRX)
Available Countries: Delivered to all the countries
Screen Type: OLED
Power: Lithium rechargeable battery (3 V, 15 mAh)
Integrations: DeFi, Dapp and NFT (e.g., Compound, Opensea)
Supported platforms: Android and iOS.
Customer Support:It has a vast knowledge-based page, live chat, and email chat
Certification Level: EAL6+
Price: $149.00

Visit CoolWallet >>

8) Keystone Pro – Best for Security and Durability

The Keystone Pro is an entirely air-gapped cryptocurrency cold wallet. It comes with a four-inch touchscreen, open-source firmware, and fingerprint sensor. It offers PSBT Bitcoin to provide additional security from malicious attacks.

Keystone is a cold wallet that is BIP 32/39/44 compliant. You can integrate QR codes to sign transactions. It is one of the best crypto wallets that has reduced the risk of malware interruption and offers clearer and enhanced visibility.

Dimension Size of Keystone is 112mm x 65mm x 18mm Weight: 115 g. Its body is made of fiberglass, and it is a waterproof solution for storing your recovery phrase, made entirely of 304-grade stainless steel. It is inbox Contents: Keystone Pro, AAA battery holder, rechargeable battery, charging cable.

Keystone Pro’s wallet offers detachable batteries that help you to avoid corrosion.

Key Specs:

Coins Supported: BTC, ETH, XRP, LTC, XLM, TRX, DOGE, DOT, POLYGON, ADA, etc.
Type of Wallet: Cold wallet
Available Countries: Delivered to all the countries
Mobile App: Android and iOS
Blockchain Support: 34 blockchains
Dimensions & Weight: 112mm x 65mm x 18mm
Power: Charged with USB cable
Certification Level: CC EAL5+
Customer Support: 24/7 community support
Price: $169.00

Visit Keystone >>

FAQ:

❓ What is a Cold Wallet?

A cold wallet is a type of digital wallet that stores cryptocurrency offline. They are different from hot wallets because they do not have Internet connectivity. When a user creates a cold wallet, the first thing they should do is download an application to manage their funds. The software will generate a unique key that can access the wallet. This prevents hackers from accessing users’ funds because it is stored in the hardware device.

✔️ What are the Best Crypto Cold Wallets?

Following are some of the best Crypto Cold wallets:

• Ledger NanoX – Best Cold Wallet for those on a Budget
• Trezor Model T – Best Hardware Wallet for those on a Budget
• ELLIPAL Titan Bundle – Best Air-gapped cold wallet
• Leger Naon S – Best Cold Wallet
• ELLIPAL Titan Mini – Ultimate Air-gapped Cold Wallet
• SafepalS1 – Best for beginners to advanced traders
• CoolWallet Pro – Best NFT Wallet

⚡ What are the important Pros and Cons of Cold Crypto Wallets?

Here are some important pros and cons of Cold Crypto Wallets:

Pros:

• Cold wallets are easy to use.
• They are secure.
• They do not require a computer or phone to be connected to the Internet.

Cons:

• You cannot stake your crypto and earn interest

🚀 What are the diverse kinds of Cryptocurrency Wallets?

Here are some important types of Crypto Currency Wallets:

• Hot wallets:These wallets are created or stored on a connected device. Hot wallets provide high utility, but they are certainly less secure than cold wallets. They are also known as Software wallets.

• Cold wallets:These crypto wallets use keys created on a device not connected to the Internet. They are also called hardware wallets, and these crypto wallets are stored on physical storage devices.

• Hosted wallets:These wallets are live on another server that you can’t control. Hackers use these kinds of crypto wallets because they hold all the funds from the wallets on the server.

• Decentralized wallets:It is a highly secure crypto wallet that allows only one person to hold the keys. A decentralized wallet never gives any guarantee of complete privacy. However, it also means you just can’t depend on a 3rd party to send, receive, or store your cryptocurrency.

• Exchange Wallets: These kinds of Wallets are entirely integrated with crypto exchanges, and you can easily trade and do transactions with these wallets.

• Mobile Wallets: These kind of wallets are supported on Mobile OS like iOS and Android. You can control private keys and trade anywhere using these wallets. Coinbase, Binance, Cex.io are some of the widely popular mobile wallets.

• Desktop Wallets: Wallets that run on Desktop devices and allow users to have private keys.Atomic Wallet.

👉 What do you need to consider when buying a cryptocurrency Cold Wallet?

There are three things you need to consider when buying Crypto Cold Wallet:

• Safety – Safety is surely the highest consideration when dealing with crypto wallets, and we favored wallets with 2-factor authentication, biometrics, multi-signature support, open-source code, and robust security protocols for transactions.
• Features – Focus on the general functionality of each wallet. You should look for wallets with more tradable assets, live charts, staking and lending capabilities, and cold wallet compatibility scores.
• Cost – The cost of a cold crypto wallet depends on the type of wallet. You should opt for reasonably priced cold and hot wallets with exchanges that charge less for processing transactions.

🏅 What is the main difference between a Hot Wallet and Cold Wallet?

A hot wallet is a digital wallet that stores your cryptocurrency in an online account. You can then use this wallet to make payments or send funds to other users, which means it’s always connected to the Internet.

Whereas cold wallet is a hardware device that is not connected to the Internet and uses software security measures to protect your cryptocurrency from being stolen. Cold wallets are often recommended for storing large amounts of cryptocurrency because they offer better protection than online wallets.

❗ Why should you secure your Crypto Assets?

Cryptocurrencies are very volatile, and prices can be altered quickly. There is a risk of losing all your investments due to cyber-attacks, hacks, and scams.

Here are some important steps which you need to take to secure your crypto assets:

• Keep your private keys safe and encrypted by storing them on an offline computer or external hard drive.
• When trading cryptocurrencies, always use exchanges that have been recommended by reputable websites. Here is our list of best crypto exchanges.
• You should never share your private key with anyone else because it gives them full access to your account, which could lead to loss of funds or identity theft if they decide to steal from you for any reason (i.e., fraud).

If you want to know detailed comparison between Trezor and Ledger, In this tutorial, you will learn Trezor vs. Ledger

Best Bitcoin Cold Storage Wallets