BEST HARDWARE WALLETS 2024

Hardware wallets offer the best security for crypto storage and are easy to use. HODL with care!

Why are hardware wallets important?

The collapse of the FTX cryptocurrency exchange last year highlighted the importance of crypto self-custody. Billions of dollars in user funds have been lost, and it could take years before investors get their money back. The unfortunate event reminded everybody of the famous adage in the blockchain space: "Not your keys, not your crypto."

We've prepared a selection of the best crypto hardware wallets and seed phrase storage options to help your keep your crypto secure:

Here's what you should consider when storing crypto:

Avoid storing crypto on exchanges: The convenience of storing crypto on exchanges is unmatched. However, the collapse of FTX last November and numerous hacks throughout the years should be obvious red flags against trusting companies to store your digital assets. If you are still determined to keep crypto on an exchange, try and use exchanges that put emphasis on security.
Never use third-party solutions to generate seed phrases: The seed phrase serves as a backup of a crypto wallet and can be used to access crypto in case the original wallet was lost or damaged. Make sure to use first-party solutions when generating your seed phrase, as the use of third-party solutions can lead to malicious attacks and a permanent loss of funds.
Hardware wallets are safer than online wallets: Hardware wallets (also known as "cold wallets") are considered more secure and reliable than online wallets (also known as "hot wallets"). The reason for this is simple – hardware wallets keep private keys offline and thus make it virtually impossible for hackers to gain access to your funds.

Check our in-depth guide to learn about additional tips you can employ to keep your crypto secure.

In the following article, you will find the list of the best crypto hardware wallets on the market. Whether you are just starting out in crypto or a veteran in the space, you will surely find a wallet that is right for you.

Best Hardware Wallets