Cold storage is commonly referred to as crypto wallets that do not have a permanent connection to the Internet. Moreover, to access the network, they need an intermediary device: a mobile phone or a computer. This group of storage includes hardware and paper crypto wallets. Paper storage is rarely used, but hardware ones are becoming more convenient and popular.
Externally, hardware crypto wallets have not changed much. These are all the same miniature devices in the form of flash drives, credit cards, and key fobs, as they were in the early years of their existence. However, modern devices every year “can” more and more.
In addition to receiving, transferring, and storing digital assets, various additional functions may be available in them: internal exchange, buying crypto for fiat, staking, and more. The only impossible so far are only operations of direct conversion of VeChain to USD and other cryptocurrencies into fiat.
The best crypto wallet is the one that best suits your needs. It doesn’t have to be very expensive. It is really difficult to navigate their current diversity, especially since new models appear on the market. We will provide a list of devices that have already won the trust of users.
1. Ledger Nano X
Ledger Nano X can be attributed to fairly budget models, although objectively it is not the cheapest. This is a miniature device in a plastic and stainless steel case, equipped with a built-in battery. A USB-C cable and Bluetooth connection are provided for connecting to internet-enabled devices.
In total, the wallet supports over 5500 coins and tokens. There is no possibility to buy digital coins for fiat, but the staking of some coins is supported.
2. Trezor Model T
A popular model with direct access to third-party crypto exchanges through the Internet interface of the same name, that is, it will not be difficult to sell USDT quickly. USB-A and USB-C cables are included in the package to connect to Internet-enabled devices. The wallet is compatible with the most popular operating systems.
Trezor Model T supports about 2000 coins and tokens and is considered one of the best for traders. Staking is not supported, but it is possible to set the commission at a situationally acceptable level. The device itself costs more than the Ledger.
3. ELLIPAL Titan
The Ellipal Titan features rugged, dustproof and waterproof aluminum housing. It is compatible with Windows, Mac, iOS and Android, but it does not have any online components and does not physically connect to the network. Interaction with the blockchain is performed through QR codes. The wallet supports about 10,000 coins and tokens and at the same time belongs to a fairly budget segment.
4. Safepal S1
This wallet has an intuitive interface. The combination of ease of use and level of security is so good that it suits both beginners and professionals.
SafePal S1 supports 34 blockchains and over 30,000 tokens, including non-fungible ones, which can interact with Defi and Dapp. It is worth mentioning that this is one of the most budget wallets on the market.
5. Cool Wallet Pro
If you’re an NFT fan, you should check out CoolWallet Pro, which works seamlessly with them, as well as with Defi and Dapp. The device is equipped with durable metal housing and a built-in lithium-ion battery. A Bluetooth connection is used to connect with devices that have Internet access.
The device supports all popular coins and ERC20 tokens. According to this indicator, the wallet is somewhat inferior to its closest competitors, but this disadvantage is compensated by the possibility of staking some coins and the presence of a built-in exchange function.
