Best Crypto Wallets in 2024 (Part 2)

44Kq...xQvc
21 Mar 2024
61
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.


My previous post on Best Crypto Wallets in 2024 (Part 1) captured and explain 8 best crypto wallets for 2024, numbering from 1 to 8. This article Best Crypto Wallets in 2024 (part 2) is a continuation of the previous post which also captures 7 more best crypto wallet for 2024, numbering from 9 to 15.

Best Crypto Wallets in 2024 Continuation

9. NGRAVE ZERO – Air-Gapped Hardware Wallet with Top Security Features

Similar to the ELLIPAL Titan and Block-stream Jade, Ngrave offers a completely air-gapped wallet. For added security, there’s no internet connectivity, WiFi, NFC, Bluetooth, or USB support. All transactions are carried out using QR codes and cameras. The wallet uses these QR codes to communicate with the NGRAVE mobile app.
LIQUID is the companion mobile app for the NGRAVE wallet, users can manage their NFTs, confirm transactions, and send and receive funds. To buy crypto, you’ll need to use another platform and then transfer your tokens to your NGRAVE wallet.


Security is a top priority for NGRAVE, and the wallet boasts the highest-security-certified OS in the world (EAL7). This is a first in the crypto wallet space, and the wallet also has a fingerprint reader for an added layer of protection. Private key generation is done through a combination of a random number algorithm, your fingerprint, and even the ambient light in the room. This makes reverse engineering of the key next to impossible.
Type of Wallet Hardware wallet
Number of Supported Cryptos 20+ cryptocurrencies and ERC-20 support
Fee to Buy Bitcoin Not available through app or wallet
Mobile App? Yes

Visit NGRAVE

 

10. Coldcard – Air-Gapped Hardware Wallet for Bitcoin Hodlers

Another Bitcoin-only wallet, Coldcard places a high emphasis on security and protecting your BTC. It’s become a popular choice amongst those seeking complete self-custody and control of their assets and secure offline storage.
Coldcard makes use of a range of security features. It uses dedicated microchips to store your private keys, a PIN entry requirement, 2FA, and a “Duress PIN” feature which displays a zero balance in the case of someone gaining access to your device. Other features include NFC taps for close proximity transactions and an MK4 virtual disk drive.


It’s designed to be truly air-gapped, and the wallet can be used without ever connecting to a computer. The wallet is compatible with popular Bitcoin desktop apps like Electrum and Wasabi Wallet. This makes it easy for users who want to manage their Bitcoin through a computer interface while still benefiting from the security features of Coldcard. Like many hardware wallets, Coldcard has a bit of a learning curve for those new to hardware wallets but provides top-level security.
 
Type of Wallet Hardware wallet
Number of Supported Cryptos Bitcoin
Fee to Buy Bitcoin Varies by third-party supplier (0%–4.5%)
Mobile App? Yes

Visit ColdCard

 

11. Trezor – Security-Focused Hardware Wallet with Simple Functionality

Trezor is one of the most secure wallets in the whole market and for those looking for simple offline storage it is a go-to choice.
There are three Trezor wallets available: Model One, Trezor Safe 3, and the advanced Model T, which features a touch-screen that allows for two-factor authentication on the device itself.
Trezor’s added security also allows users to generate up to 16 recovery shares and store them in different places, meaning if one seed phrase is compromised then there are additional layers of protection.
It is also open source meaning its software is consistently reviewed and tested by third parties to keep its security transparent – main rival Ledger has closed-source firmware.
Trezor comes with its own desktop, mobile and browser app, called Trezor Suite. This lets you manage your coins by sending or receiving them, you can verify transactions or go incognito with Coinjoin. You can also directly purchase cryptocurrencies from within the app.
Type of Wallet Hardware
Number of Supported Cryptos 8,000+
Fee to Buy Bitcoin Varies based on exchange used
Mobile App? Yes (Trezor Suite)

Visit Trezor

 

12. BitBox – Swiss-Made Hardware Wallet with ERC-20 Support

BitBox Wallet is a secure and user-friendly cryptocurrency wallet designed to simplify the storage and management of digital assets. Developed by Shift Cryptosecurity, BitBox Wallet prioritizes security and privacy while offering a seamless user experience.
The wallet is a hardware wallet, meaning it stores users’ private keys offline on a physical device which ensures that users’ funds remain safe even if their computer or mobile device is compromised. In addition to its hardware security features, BitBox Wallet also incorporates advanced encryption techniques to safeguard users’ data and transactions. With built-in support for multi-signature authentication and passphrase protection, users have multiple layers of security to prevent unauthorized access to their funds.


The companion app also features an intuitive and user-friendly interface, making it easy for both beginners and experienced users to navigate and manage their cryptocurrency holdings. The app is available on mobile and desktop for convenience. The wallet supports a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and many others, allowing users to diversify their portfolios with ease. Users can also connect the BitBox wallet to other wallets, including Electrum, SPecter, and MyEtherWallet.
Type of Wallet Software
Number of Supported Cryptos Bitcoin, Litecoin, Cardano, Ethereum, EVM network, and ERC-20 tokens
Fee to Buy Bitcoin Depends on payment provider
Mobile App? Yes

Visit Bitbox

 

13. Safepal – Budget-Friendly Air-Gapped Hardware Wallet

Safepal is a user-friendly – and wallet-friendly – option for traders interested in a cold storage wallet. It combines top-notch security features with user-friendly features and support.
It’s a good cold wallet for those with a diverse portfolio, as the wallet supports over 40 blockchain networks and thousands of different coins and tokens.
One notable feature of SafePal is its integration with decentralized exchanges (DEXs) and other DeFi protocols, allowing users to trade their assets directly from the wallet interface. This integration provides users with seamless access to the decentralized finance ecosystem, enabling them to participate in various DeFi activities such as lending, borrowing, and yield farming.
Safepal also offers a software wallet, making it easy to use your funds for trading and accessing Web3 while keeping the majority of your assets in cold storage. It even comes with a browser extension, making it one of the most user-friendly hardware wallets for those used to the simplicity of hot wallets like MetaMask.
While many hardware wallets have a hefty price tag, Safepal offers budget-friendly options, with all its products coming in at under $100. This makes it a great option for those looking for a secure but affordable way to manage their crypto.
Type of Wallet Hardware
Number of Supported Cryptos 10,000+
Fee to Buy Bitcoin 3.5% – 5%
Mobile App? Yes

Visit SafePal

 

14. SecuX – Biometric Hardware Wallet with Multi-Chain Support

SecuX offers a series of hardware wallets designed to provide users with a secure and user-friendly solution for storing and managing their cryptocurrency assets. Their wallets include the Shield BIO, a credit card-style wallet with bio-metric authentication. All wallets feature a secure element chip, high-security software (EAL5+), offline seed phrase setup, pin protection, and support for thousands of coins. The larger wallets offer Bluetooth connectivity, larger LCD screens, and NFT support.
The most popular wallet is the V20 hardware wallet which is compatible with the SecuX mobile app. It supports multiple chains and up to 500 accounts. The large touchscreen displays provide a comfortable and efficient user experience, allowing users to view their balances, send and receive transactions, and access advanced features with ease.
 
SecuX Wallets also offer seamless integration with desktop and mobile devices, allowing users to manage their cryptocurrency assets on the go. The wallets support Bluetooth and USB connectivity, enabling users to connect to a wide range of devices, including smartphones, tablets, and computers, for added convenience and flexibility.
Type of Wallet Hardware
Number of Supported Cryptos 10,000+
Fee to Buy Bitcoin Spread + 2% processing fee
Mobile App? Yes

Visit SecuX

 

15. OpenDime – Bitcoin USB Stick With Privacy Focus

OpenDime is a unique hardware wallet that lets you spend Bitcoin “like a dollar bill.” Unlike traditional hardware wallets, which store private keys offline in a secure element chip, OpenDime stores private keys on a physical USB stick. This physical storage mechanism allows users to physically transfer ownership of their cryptocurrency assets by physically handing over the USB stick, making it ideal for in-person transactions or gifts.
OpenDime provides a simple and intuitive interface that is easy to use for users of all experience levels. To access their funds, users simply plug the OpenDime device into a USB port and use the accompanying software to view their balance and initiate transactions.
OpenDime also offers a high level of privacy and anonymity. Because OpenDime devices do not require any personal information or registration, users can maintain their privacy while using the wallet. Additionally, OpenDime devices are disposable, meaning they can be safely disposed of after use without leaving any traceable information behind.
Type of Wallet Hardware
Number of Supported Cryptos Bitcoin
Fee to Buy Bitcoin Need to use third party app
Mobile App? No

Visit OpenDime


Custodial Wallets FAQs


Which is the best crypto wallet?

After extensive research and testing, we’ve concluded that ELLIPAL offers the best crypto wallet. This wallet supports over 1,000 different coins/tokens, is free to download, and even boasts an AI-powered chatbot.

What is the safest crypto wallet?

Two of the safest wallets currently available are those offered by ELLIPAL and Zengo. These wallets offer multi-factor authentication and advanced security protocols to protect users in the unlikely event of a cyberattack.

Which crypto wallet has the lowest fees?

Best Wallet is completely free to use, meaning it’s an excellent option for those seeking a cost-effective option. Other wallet providers with low (or no) fees include OKX, Binance, and MetaMask.

How do I choose a good crypto wallet?

Choosing a good crypto wallet involves analyzing several essential factors. These factors include the provider’s reputation, the number of supported crypto assets, the wallet’s functionality, and also its level of security/privacy.

Is Coinbase wallet good?

The Coinbase wallet is extremely popular and is considered one of the best options for crypto traders/investors. This is because the wallet has a clean interface, allows access to thousands of dApps, and even supports NFTs.

What is the best crypto hardware wallet?

Crypto hardware wallets are those that use physical devices to store cryptocurrency offline – they can also be referred to as cold wallets. We rate ELLIPAL and Ledger as the best hardware wallets, although they both have strengths and weaknesses.

Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to Ernest

4 Comments

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.