The cryptocurrency market has certainly seen better days, but the fact that your portfolio right now is probably in the red could just mean that it’s time to securely store your crypto to a cold storage wallet and wait for better days to come. The best cold storage wallets can reliably protect your hard-earned cryptocurrency assets from cybercriminals, and some can even withstand fire and water, making them the best investment you can make right now.
Ledger Nano X
Price: $119 USD
The Ledger Nano X is arguably the most popular cold storage wallet currently available. This reasonably priced product supports over 5,500 different tokens, so you can use it to manage all of your crypto & NFTs.
The Ledger Nano X is equipped with a USB Type-C port, and it also has Bluetooth connectivity, so it works with both desktop operating systems like Windows and macOS as well as mobile operating systems like Android and iOS.
Hodlr Bitcoin Edition
Price: $158 USD
As reliable and secure as cold storage wallets are, they still rely on the same electronic chips as other electronic devices, so anything from water to fire to a sledgehammer can render them useless.
The same can’t be said about the Hodlr Bitcoin Edition, a set of stainless steel disks for the 24 recovery words used in your hardware wallet recovery seed. While rather expensive, this elegantly simple product can help you protect your crypto against worst-case scenarios.
Price: $49 USD
If you’re looking for an affordable cold storage wallet that’s compatible with all leading cryptocurrencies, then KeepKey is an excellent choice. The KeepKey cold storage wallet costs just $49, but the low price doesn’t stop it from having a nice display for approving transactions.
The wallet works seamlessly with the ShapeShift platform, which supports 750+ cryptocurrencies across 11 blockchains. The platform has 150,000 monthly active users, and it has so far achieved $6 billion in lifetime trade volume.