Here are the Winners for 2018’s Best Bitcoin Hardware Wallet

For those of you who still haven’t watched out Bitcoin Whiteboard Tuesday’s episode on Bitcoin wallets I suggest you do so before reading any further. For those of you who have, by now you probably know that the most secure way you can store your Bitcoins is through the use of hardware wallets.

Hardware wallets use 2FA by making sure that in order to access a wallet you prove your identity by something you have (the physical wallet) and something you know (the PIN code for the wallet). If you’re serious about Bitcoin, you need to get a hardware wallet, I personally have 3 different ones.

Today I wanted to take the opportunity to list who I think are the best Bitcoin hardware wallets on the market. Keep in mind that the top 3 Bitcoin hardware wallets I will present are all great products. The difference between 1st, 2nd and 3rd place is somewhat minor as you’ll see soon enough.

Bitcoin hardware wallet sizes

#1 – Ledger Nano S Bitcoin hardware wallet

I’ve reviewed the Ledger Nano S not long ago and was absolutely impressed. The company, that used to be the second runner up in the Bitcoin hardware wallet race seemed to have matched it’s main opponent TREZOR.

The Nano S has a sleek design, intuitive user interface, a wide support of altcoins (Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stratis) and most importantly an attractive price tag. At the moment the Nano S sells for €79 which is around $99 making it the most affordable hardware wallet from the top 3 as well.

ledger nano s review

The company (LedgerWallet) has been around long enough to gain a respectful reputation and in all honesty I couldn’t find anything bad to say about their product. Even though I tested this product personally,  at the moment I’m still actually using a TREZOR. The main reason for this is because when I started out with Bitcoin the Ledger Nano S wasn’t around yet :)

Click here to learn more about the Ledger Nano S

#2 – TREZOR Bitcoin hardware wallet

My personal hardware wallet is a TREZOR. This is the oldest hardware wallet on the market and probably the most reputable one as well. TREZOR has a nice design, a very easy to understand user interface, and it supports Zcash, Dash and Ethereum aside from Bitcoin (ETH is supported through an external wallet called MyEtherWallet).

trezor pin code device

The price on the TREZOR is a bit higher and is currently $110. I can’t say it justifies a higher price than the Nano S and therefor it’s in 2nd place in my opinion. However, as I’ve mentioned before, this is a great wallet and you can also read my full review of it here.

Finally,  the main advantage TREZOR has over its competitors is the company reputation. One of the company’s founders is Marek “Slush” Palatinus, who also created the first mining pool for Bitcoin (founded in 2010).

Click here to learn more about TREZOR

#3 – KeepKey Bitcoin hardware wallet

Coming in 3rd place we have Keepkey, a Bitcoin hardware wallet with a beautiful though somewhat large design. Keepkey has similar features to TREZOR and the Ledger Nano S, however there are a few reasons that make it a bit less attractive in my opinion.

KeepKey

First, the wallet is too big for carrying in your pocket conveniently.  The size of the Keepkey wallet is almost twice of the TREZOR or Ledger Nano S (as can be seen in the image above). Second, the company hasn’t built enough reputation in the community.

Additional things that make me hesitate regarding buying the product are:

On the bright side, Keepkey supports a wide variety of altcoins including Bitcoin, Litecoin, Dogecoin, Namecoin, Testnet, Ethereum, and Dash. Keepkey currently sales for $129.

Click here to learn more about Keepkey

Additional Bitcoin hardware wallets on the market

Throughout the last 2 years I’ve also explored some additional Bitcoin hardware wallets that didn’t make the top 3 list so I’d like to mention them here.

CoolWallet is a credit card looking hardware wallet that you can carry around in your pocket. My review of Coolwallet was positive, however the wallet hasn’t gained enough marketshare in order for me to consider it a stable product.

BitLox is another hardware wallet I reviewed, however it was in early stages and I couldn’t get it to work properly. I haven’t taken another look at the product since then (this was back in the beginning of 2016) and the product may have become more user friendly.

Conclusion – If you’re serious about crypto, get a hardware wallet

It doesn’t get any simpler than this headline. Yes, hardware wallets cost money and no one like spending money on things they can get for free. But the amount of security you get by using a hardware wallet is much more valuable than the $50-$100 you’ll pay for purchasing the actual device.

Don’t say “it won’t happen to me” because once cryptocurrency becomes mainstream (and it seems like we’re getting there pretty fast) there will be many more cases of hacking or theft. Make sure you’re prepared…

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Steven Hayinnocent ezekielwww.lamesheep.comjagdishZsofia Elek Recent comment authors
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innocent ezekiel
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innocent ezekiel

How to get a wall and register for it ? If there no place of bitcoin exchange in my country what I do and how can I start buying bitcoin and where to get it

www.lamesheep.com
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www.lamesheep.com

ledger nano ,keepkey and trezor are best hardware wallet to choose.But Ledger HW.1 is better compare to those . Ledger HW.1 is one of the best Bitcoin hardware wallets and it is portable and highly secure as well. The amazing device comes with the multi-signature feature so you can organize a transaction which requires more than one key. The device is of high quality and it is immune to any type of computer viruses or malware. It comes in three editions Classic, Multisig, and enterprise and you can buy whichever suits you and on top of that, they come with… Read more »

jagdish
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jagdish

I want to buy ledger nano s but heard about a story of a man who was duped by ebay reseller. so want to know from where should i buy ledger.
Can i trust their authorised reseller in my county?
or should i buy form their official website?
reseller costs me less money and time.
can anyone help please. Thanks

romgamer
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Member
romgamer

can anyone please explan me how to withdraw the bitcoin balance from this 99bitcoin site and my wallet address is
1N48i8n7VgYh3iGgNW1rrCMkL84FthbBBx
It will be very thankful to you

JustMeeh
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JustMeeh

I have been skulking through reviews on Amazon and the one consistent thing I have read on Ledger Nano S is that if you don’t make SURE you’re buying your Nano S from the “Ledger Wallet” store, you’re buying from a second party company AND there are folks who’ve found malware imbedded in the Nano itself. There are also a fair amount of folks that claimed the metal finish was scratched, smudged, etc which to them indicated that it seemed like someone BOUGHT it and it was returned….which also leaves the door WIDE open to the product having been messed… Read more »

BitHunter
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BitHunter

Uh, I think the prices are going to need to be updated on this article. I just went to purchase a Nano S. $140. Trezor $160. KeepKey $129.

Abdullah
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Abdullah

Hi! Which crytocurrency and which software is best for mining for an average computer.

ERod
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ERod

Having never bought any crypto, your site is helpful to get started. I know this post is 2 months old, but since Google has chosen to stop supporting Chrome Apps this year (2018), should I still invest in a Ledger NanoS? What is the downstream impact to those using it? Better alternatives given this news? Thanks in advance.

fari
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fari

how many wallets a person can have? and does every digital currency has a different wallet?

cdog
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cdog

For me the clincher was that the Nano looks just like a USB key of old. I see it as a stealth hardware wallet, so for me it wins.