Bitcoin Hardware Wallets
Bitcoin hardware wallets have been around for a few years now, and are one of the most secure ways to store your BTC. Many of these devices function sort of like a home safe does, in the sense that it helps to protect your valuable Bitcoins from thieves and hackers. Below you will find our full list of all Bitcoin hardware wallets, complete with reviews, pricing and purchasing information.
Compare All Hardware WalletsCompare all of the Bitcoin hardware wallets that are available today. Read reviews from real users and find the best Bitcoin Hardware Wallet to fit your needs.
|BTC, ETH, BCH, Zcash, DASH||$97.98||⭐⭐⭐⭐⭐||Reviews|
|BTC, ETH, ETC, DOGE, LTC, Zcash, DASH, XRP, STRAT, KMD||$147.99||⭐⭐⭐⭐⭐||Reviews|
|BTC, ETH, ETC||$69.99||⭐⭐⭐⭐||Reviews|
How Hardware Wallets Work
A hardware wallet functions as a secure place where your Bitcoins can be stored offline. This makes them inaccessible to hackers – or even yourself – when the wallet is detached from your computer and offline. Most hardware wallets use encrypted software that you install on your computer which contain secret keys.
Once the device is plugged in to your computer, your Bitcoins become “unlocked” and you can access them to send or receive BTC. This is often done by inputting a secret one-time code which only you have access to.
This added layer of security makes it nearly impenetrable from outside sources. Stacking on some additional security features, such as 2FA and email or phone verification, makes a hardware wallet one of the safest ways to store Bitcoin, especially when you are storing larger amounts of the digital currency.
Storing Other CryptoCurrencies
Some hardware wallets will now support additional cryptocurrencies beyond only Bitcoin. Popular cryptos that are now supported by a wide range of hardware wallets include Ethereum, Zcash, Stratis, Dash, Litecoin – and most recently – BitcoinCash. If you want to store other cryptocurrencies on a hardware wallet, make sure to check carefully to ensure the device is compatible.
Every wallet is different, and may or may not support any cryptocurrencies other than Bitcoin. If you want to store other coins on a hardware wallet, your best bet is currently the Ledger Hardware Wallet, which supports 10 cryptocurrencies.
Does The Wallet Brand Matter?
The brand that you choose to buy your Bitcoin Wallet from does matter to a degree. You should make sure they have been in business for at least a few years and have a proven track record from their users and the greater Bitcoin community. You can think of a hardware wallet company as being similar to a bank. Even though they are much different, and offer different services, you are still trusting them to safely protect and store your currency.
Custom TX Fees and Other Features
Another advantage of using a hardware wallet is that most have the ability to set a custom TX fee. For example, if you need a Bitcoin transaction to be confirmed faster, you can set a higher TX fee. This is different from some online wallets which have a pre-established fee for all outgoing transactions. On some hardware wallets, such as the Trezor, you can even input a USD amount and it will automatically convert it into the live BTC equivalent.
Buying Bitcoin Hardware Wallets
Most of the tech companies who design and manufacture hardware wallets sell them directly to customers. Some of them also offer up their products on sites like Amazon for the same – or better prices. A good Bitcoin hardware wallet will run you between $50 and $200 USD.
As Bitcoin popularity continues to increase, some of the smaller hardware wallet companies have a limited supply due to increased demand which means they will often go in and out of stock. Before buying one, make sure you check the stock availability to see when your items will ship.