Best Cold Wallets Of 2025: Secure Your Crypto with the Top Cold Wallets

It is now a must to protect your crypto assets.

Hackers, fraudsters and other malicious actors are constantly targeting vulnerabilities, as there are billions of dollars worth of cryptocurrencies in circulation. According to Immunefi’s data, hackers and fraudsters lost $15.1million in August. A careless handling of private keys and seed phrases can lead to irreversible losses. The rife risks in this crypto landscape have led to the development of a variety of solutions that aim to protect your crypto holdings.

Cold storage wallets offer the best protection, keeping your private keys away from the internet and its dangers. Which wallet should you choose? What are the differences between these wallets, and which features should be prioritized for maximum security? Does a wallet that costs more offer better protection, or are budget-friendly options just as effective?

In this review, we’ll examine some of the top hardware wallets and their features, security, and usability.

What are Cold Storage Wallets?

Cold storage wallets protect your digital assets from online threats. These hardware wallets are not connected to the Internet and do not allow quick transactions. The lack of internet connectivity makes them less vulnerable to cyber-attacks and hacking. This makes them the best choice for long-term cryptocurrency storage.

Cold storage offers superior security. Because cold wallets don’t have an internet connection, they are safe from hacking attempts. Your assets could be put at risk if, for example, you store your crypto on a hot wallet. Cold wallets eliminate the concern because they keep your private key offline.

Cold storage is available in many forms. The most common are hardware wallets or paper wallets. Hardware wallets, which are devices that store your private keys off-line in a physical device (often resembling USB drives), have security features built in such as PIN protection and encryption. Popular brands include Ledger, Trezor and iKey.

While paper wallets can be used to store your keys securely, they also carry risks like physical damage and loss. Both methods have significant security advantages when compared to hot wallets. However, hardware wallets offer a more user friendly experience and provide additional layers of protection from theft and loss.

Why Cold Store Cryptocurrency in Cold Storage?

Anyone who is serious about protecting digital assets should use cold storage. Here's why:

Protect yourself from online threats and hacking

Cold storage offers a number of advantages, including the ability to protect assets from online threats and hacking. Cold wallets are designed to be disconnected from the internet. This reduces the chances of unauthorised access. In fact, many high-profile hacks in recent years have targeted hot wallets — those that are online and easily accessible. Cold storage protects your private keys from cyber threats such as malware, phishing, and phishing attacks.

Large Crypto Holdings Can Be Stored for a Long Time.

Cold storage is ideal for long-term investment in cryptocurrency. If you’re planning to hold onto your assets for an extended period—much like stashing cash in a safe deposit box—cold wallets provide a secure solution. You can store large amounts without worrying about market volatility and online vulnerabilities. They are ideal for HODLing and not active traders.

Secure Private Keys & Seed Phrases

The private keys you have are similar to the ones that open your bank vault. If you lose them, your funds will be lost forever. Cold storage wallets ensure that these keys—and the associated seed phrases—are kept offline and secure. Your crypto assets will remain secure even if you lose your mobile or computer. Some hardware wallets have additional security features like encryption and multisignature support. This further strengthens the protection provided by your private keys.

Third-Party Custodians: Avoid them at all costs

It is also important to note that cold storage allows you complete control over all your assets. You do not have to depend on a third party custodian. Hot wallets often require users to rely on external services or exchanges for the management of their funds. This can pose risks if these services suffer from breaches or failures. You are the only person who has access to your private keys with cold storage. This independence is in line with the fundamental principles of cryptocurrency ownership, decentralization and gives you peace of mind that your assets are safe and under your control.

How are cryptocurrency hot wallets different from cold wallets?

Understanding the difference between cold wallets and hot wallets when it comes to storing cryptocurrency is essential for making informed choices about security and access.

Differential Features in Security and Function

The biggest difference between hot and cold wallets is security. Cold wallets that store private keys off-line offer great protection from online threats and hacking. Cold wallets are much less vulnerable to hacking attacks than hot ones, as they aren’t connected to the Internet. If a hot wallet provider has a data breach for example, your funds may be at risk. Cold wallets are designed to protect your funds by isolating the digital world.

The two types also differ in terms of functionality. Hot wallets have been designed to be convenient and easy to use, which makes them perfect for frequent trading and transactions. Users can send and receive cryptocurrency quickly using these wallets, just like they would with a mobile payment application. Cold wallets require an extra step to access the funds, as they need to be connected to another device to make transactions. They are less convenient than regular wallets, but they’re better for long-term storing.

How to Use Each Type

Hot wallets should be used to store smaller amounts of cryptocurrency for daily transactions or active trading. It is easy to use, and provides quick access funds. This makes it ideal for crypto traders who frequently buy or trade. Cold wallets can be used to store larger amounts that you want to keep for the long term. If you're investing significant capital in digital assets, utilizing a cold wallet will help safeguard your investments from potential online threats.

Cold Storage Wallets Types

Cold storage wallets are available in many different forms. Each has its own unique benefits and features. Cold storage wallets come in three different types: paper wallets and air-gapped devices.

Let's break down the basics of each:

Hardware Wallets

Hardware wallets are devices that store your private keys securely offline. When you want to conduct a transaction, they connect to your mobile or computer. The wallet will sign the transaction internally, without exposing the private keys on the internet. This ensures a high degree of security from online threats.

Pros:

• High SecurityHardware wallets offer robust protection from hacking and malware, as they are operated offline.
• User-FriendlySeveral models offer intuitive interfaces as well as support for multiple cryptocurrency.
• Backup OptionsMost hardware wallets enable users to create recovery phrase, which makes it easier to restore the device’s access in case of loss.

Cons:

• CostHardware wallets are available in a range of $50-$250, which is a barrier to entry for many users.
• The transaction process is not as convenient when you make frequent purchasesAlthough they are secure, transactions require that the user physically access the device, which makes them less suitable for everyday use.

Popular Brands

Hardware wallets are widely used in many different types of products.

• Ledger Nano XSupports more than 1,500 crypto currencies and has Bluetooth connectivity for mobile usage.
• Trezor Model TIt is known for its touchscreen user interface, and supports over 1,000 digital assets. It also has password management features.
• ColdcardA wallet specifically designed for Bitcoin enthusiasts. It focuses on security, with features such as air-gapped signature.

Paper Wallets

A paper wallet is an actual document with your public and private key printed on it. It often has QR codes so that you can scan them easily. These are created offline, using software that does not require an internet connection. As long as you protect the paper from damage or loss, this method offers a high degree of security.

Pros:

• Cost-FreeA paper wallet can be created for free with a simple printer and basic software.
• Offline StorageUnlike hardware wallets and online hacking attempts, paper wallets also offer protection.

Cons:

• Physical VulnerabilityThe paper can be damaged easily by fire or water, and if you lose it, your funds will no longer be accessible.
• User ErrorSecurity can be compromised by a printer that is not configured correctly (e.g. with malware).

Air-Gapped Devices

Air-gapped hardware wallets are specialized hardware wallets which maintain isolation from all network connections. They cannot be remotely hacked because they are not connected to the internet at all times. Air-gapped devices are typically created by signing transactions offline, then transferring the data to a device online using QR codes or USB sticks.

Air-gapped Devices Examples

• ELLIPAL TitanA wallet that is highly secure, operates entirely offline, and relies on QR codes to verify transactions.
• Keystone ProFeatures a touchscreen that supports multisignature transactions, while still remaining air-gapped.

Pros:

• Maximum SecurityDue to their complete isolation from networks, these devices provide unparalleled protection against Cyber-threats.
• Use Cases VersatileIdeal for long-term holdings of cryptocurrency without exposure to risks online.

Cons:

• ComplexityAir-gapped devices are more complex to use than hardware wallets because they require additional steps for transactions.
• CostDue to their enhanced security features, they tend to be more costly than traditional hardware wallets.

These are our top picks

These wallets offer reliable protection against cyber-threats and hacking attempts. Let's take a quick dive into some of the top cold wallets out there for you to consider.

Ledger Nano X

The Ledger Nano X is a leading hardware wallet known for its advanced security features and Bluetooth connectivity, making it convenient for mobile users. Weighing only 34 grams, the Nano X is compact and portable, allowing users to manage their cryptocurrency holdings securely on the go. It supports over 5,500 cryptocurrencies, ensuring compatibility with a wide range of digital assets. The device utilizes a Secure Element chip and offers PIN protection, keeping private keys safe from unauthorized access. Priced at €124, it strikes a balance between functionality and security.

While Bluetooth enhances convenience, it introduces potential vulnerabilities that some security-focused users might find concerning. Additionally, reliance on third-party integrations for certain cryptocurrencies can lead to confusion regarding native support in Ledger Live. Overall, while the Nano X is an excellent choice for many, users should weigh these factors against their specific needs.

Ledger Nano S Plus

The Ledger Nano S Plus is a compact hardware wallet that offers enhanced storage and security at an affordable price of €65.83. It supports over 5,500 cryptocurrencies and features a 128×64 pixel display, making it user-friendly for managing digital assets. With a CC EAL5+ certified secure element chip, the Nano S Plus ensures that private keys remain offline, providing robust protection against hacking attempts. This model improves upon the original Nano S by allowing up to 100 apps to be installed, making it suitable for users with diverse portfolios.

However, the Nano S Plus lacks Bluetooth connectivity, which may deter users who prefer mobile access. Additionally, while it offers excellent value, the absence of advanced features found in higher-end models like the Ledger Nano X may leave some users wanting more functionality. Overall, the Nano S Plus is a solid choice for those seeking a reliable and secure wallet without breaking the bank.

Ledger Flex

The Ledger Flex is a mid-range hardware wallet designed for both beginners and experienced users, featuring a 2.84-inch E Ink touchscreen that enhances usability while conserving battery life. Weighing 57.5 grams, its durable aluminum frame houses a Secure Element chip with CC EAL6+ certification, ensuring that private keys remain secure and offline. With support for thousands of cryptocurrencies, the Flex offers Bluetooth 5.2 and USB-C connectivity, making it compatible with mobile devices and desktops.

However, there are some drawbacks to consider. The Ledger Flex is priced at €207.50, which may be considered steep for budget-conscious users. Additionally, while the touchscreen improves navigation, it may not appeal to those who prefer traditional button interfaces. Lastly, the lack of advanced features found in higher-end models like the Ledger Stax may leave some users wanting more functionality for their investment.

Ledger Stax

The Ledger Stax is a cutting-edge hardware wallet that combines innovative design with robust security features. Priced at €332.50, it features a unique e-ink screen that enhances user interaction while consuming less power, resulting in longer battery life. The compact design, resembling a credit card, allows for easy portability, while its aluminum body and embedded magnets enable stackability for multiple units. The Stax supports over 5,500 cryptocurrencies and offers seamless connectivity via USB-C and wireless charging, making it a versatile choice for crypto enthusiasts.

However, the €332.50 price point may be considered steep for some users, particularly those on a budget. While the e-ink display and stackable design are appealing, they may not justify the cost for everyone. Additionally, the reliance on Bluetooth for connectivity could raise security concerns among more cautious users. Overall, the Ledger Stax is an impressive option that balances style and security but may not be necessary for all cryptocurrency holders.

Trezor Safe 3

The Trezor Safe 3 is a reliable hardware wallet priced at $79, designed for both beginners and experienced users. It supports over 8,000 cryptocurrencies, including Bitcoin and Ethereum, and features a secure element chip that enhances the physical security of the device. The wallet utilizes a monochromatic display with physical buttons for navigation, making it user-friendly while ensuring that private keys remain offline. Additionally, it supports advanced features like CoinJoin for enhanced transaction privacy and Shamir backup for added recovery options.

However, the lack of a touchscreen may deter some users who prefer more modern interfaces found in higher-end models like the Trezor Model T. While the price is competitive, it may still be considered basic for those seeking advanced functionalities. Overall, the Trezor Safe 3 offers solid security and functionality but may not meet the needs of all crypto enthusiasts.

Trezor Safe 5

The Trezor Safe 5 is a premium hardware wallet priced at $169, designed for both beginners and experienced users. It features a vibrant 1.54-inch color touchscreen that enhances user interaction, along with haptic feedback for tactile confirmation of actions. Built on a decade of open-source security development, it incorporates an NDA-free EAL 6+ Secure Element chip, ensuring that private keys are well-protected against online and offline threats. The wallet supports thousands of cryptocurrencies and integrates seamlessly with the Trezor Suite for easy management of assets.

However, the $169 price tag may be considered high for users on a budget, especially when compared to more basic models like the Trezor Model One. While the touchscreen and haptic feedback improve usability, some users may prefer simpler interfaces. Additionally, the learning curve associated with Trezor Suite can be steep for newcomers to cryptocurrency management. Overall, the Trezor Safe 5 offers advanced security and functionality but may not be necessary for all users.

SafePal S1

The SafePal S1 is an affordable hardware wallet priced at $49.99, designed to provide top-notch security for cryptocurrency users. It operates entirely offline using air-gapped technology, ensuring that private keys remain out of reach from online threats. Supporting over 30,000 cryptocurrencies, including popular assets like Bitcoin and Ethereum, the S1 features an EAL 5+ secure element that protects against both physical and software attacks. Its compact, credit card-sized design makes it portable, while a rechargeable battery offers up to 420 hours on standby, enhancing usability for active users.

However, the lack of direct connectivity options such as WiFi or Bluetooth may limit convenience for those who prefer quick access to their assets. Additionally, while the air-gapped design enhances security, it may be cumbersome for users who frequently engage in transactions. Lastly, some users might find the reliance on QR codes for transaction verification less intuitive compared to traditional interfaces. Overall, the SafePal S1 is a solid choice for budget-conscious users seeking robust security features.

NGRAVE ZERO

The NGRAVE ZERO is a cutting-edge hardware wallet priced at €398, recognized as one of the most secure options on the market. It boasts EAL7 certification, the highest security standard in the blockchain industry, ensuring that users have complete control over their private keys without any backdoors. The device features a 4-inch color touchscreen and operates entirely offline using air-gapped technology, which means it never connects to the internet or any network. Instead, it uses QR codes and a mobile app called NGRAVE LIQUID for transactions, enhancing security while maintaining usability. You can check out a host of other features in our exclusive review linked above.

However, the €398 price tag may be prohibitive for many users, especially those new to cryptocurrency. Additionally, while the advanced features and high security are impressive, they may be more than what casual users require. The reliance on a proprietary key format can also raise concerns about compatibility with other wallets in the future. Overall, the NGRAVE ZERO offers unparalleled security and innovative features but also may not be necessary for all cryptocurrency holders.

ELLIPAL Titan 2.0

The ELLIPAL Titan 2.0 is a state-of-the-art hardware wallet priced at $169, designed to provide top-tier security for cryptocurrency users. It features a 4-inch color touchscreen and operates entirely offline using air-gapped technology, ensuring that private keys remain secure from online threats. The Titan 2.0 is equipped with a CC EAL5+ certified secure element, enhancing its resistance to physical attacks. Supporting over 10,000 cryptocurrencies, it offers robust functionality, including built-in asset exchange and easy access to decentralized applications (DApps) through the ELLIPAL mobile app.

However, the Titan 2.0's size, comparable to that of a smartphone, may make it less portable than smaller wallets like Ledger or Trezor. While its air-gapped design enhances security, the reliance on QR codes for transactions might not appeal to users who prefer more traditional interfaces. Additionally, some users may find the learning curve associated with the mobile app challenging. Overall, the ELLIPAL Titan 2.0 is an excellent choice for those prioritizing security and versatility in managing their digital assets.

COLDCARD

The COLDCARD is a highly secure hardware wallet specifically designed for Bitcoin, with two main variants: the Mk4 and the Q. The Mk4 is priced at approximately $157, while the Q model, which features a QR scanner, a larger screen, and dual microSD card support, is available for around $219. Both models operate entirely offline using air-gapped technology, ensuring that private keys remain isolated from online threats. The devices incorporate a secure element chip (ATECC608A for Mk4 and upgraded secure elements for Q), providing robust protection against hacking attempts. With support for Partially Signed Bitcoin Transactions (PSBT) and a microSD card slot for backup and recovery, COLDCARD offers excellent functionality while prioritizing user privacy and self-sovereignty.

The Mk4 boasts a USB-C connector and enhanced RAM for multisig capabilities, making it suitable for advanced users. In contrast, the Q variant enhances usability with its QWERTY keyboard, making passphrase entry easier. However, both models have a learning curve that may be challenging for beginners. Additionally, while their focus on Bitcoin provides excellent security, it limits their appeal to users with diverse cryptocurrency portfolios. Overall, COLDCARD stands out as a top choice for Bitcoin enthusiasts seeking maximum security and control over their digital assets.

Key Features to Look for in a Cold Storage Wallet

When choosing a cold storage wallet, it’s essential to consider several key features that ensure the safety and usability of your digital assets. The right wallet not only provides top-notch security but also balances convenience and compatibility with a wide range of cryptocurrencies.

Security Features

Security is the primary reason for using cold storage, and several features play a critical role in safeguarding your crypto.

Two-factor authentication (2FA) is an essential security measure. It requires you to verify your identity using a second factor, such as an app or hardware device, before accessing your wallet or approving transactions. This greatly reduces the risk of unauthorized access, especially when combined with PIN protection.

Encryption is critical for securing the data stored on the device. Cold wallets like Ledger and Trezor use advanced encryption protocols to ensure that private keys and transaction data are protected from cyberattacks and malware​.

Lastly, seed phrase backups are a must-have for any hardware wallet. A seed phrase allows you to recover your wallet if the physical device is lost or damaged. Typically, wallets provide a 12- or 24-word seed phrase, which acts as a backup to regain access to your funds. Keeping this phrase safe and offline is crucial, as anyone with access to it can control your assets​.

User Experience

Ease of use is vital, particularly for those new to cryptocurrency. Wallets like Ledger Stax and Trezor Safe 5 offer intuitive touchscreens and user-friendly interfaces, making navigation simple even for beginners​. Devices like ELLIPAL Titan 2.0 feature large touchscreens that allow users to manage assets without needing a computer, while the SafePal S1 utilizes QR codes for easy, air-gapped transactions​.

Mobile and desktop compatibility is another crucial factor. Wallets like Ledger Nano X and Ledger Flex offer Bluetooth connectivity, allowing users to access their assets on the go using their mobile phones. This flexibility is invaluable for users who want to manage their crypto portfolios without being tethered to a desktop​​.

Software integration also matters, as it determines how easily your wallet connects with applications like Ledger Live or Trezor Suite. These apps provide an interface for users to manage their portfolios, stake assets, or swap cryptocurrencies securely. A smooth integration between hardware wallets and these software platforms enhances the overall user experience, making it easier to monitor holdings, perform transactions, and ensure security through regular firmware updates​​.

Supported Cryptocurrencies

A key consideration when selecting a cold storage wallet is the range of supported cryptocurrencies. Most wallets, like those from Ledger and Trezor, offer broad support for major coins like Bitcoin (BTC), Ethereum (ETH), and popular altcoins​. For instance, the Ledger Nano X and Nano S Plus support over 5,500 cryptocurrencies, making them versatile choices for users with diverse portfolios​.

While some wallets focus on major assets, others like the SafePal S1 and ELLIPAL Titan support a wide array of altcoins, providing flexibility for users who engage in altcoin trading​​. Additionally, some wallets offer native support for these cryptocurrencies, while others may rely on third-party apps for integration. For example, Trezor wallets typically offer native support for most major assets but may require external wallets or software to manage certain altcoins​.

For users who only deal with specific assets, such as Bitcoin, wallets like COLDCARD focus exclusively on Bitcoin storage and transactions, providing specialized security features tailored to Bitcoin-only users​. On the other hand, multi-asset wallets like the Ledger Stax or NGRAVE ZERO are designed to accommodate a wide range of digital currencies, making them ideal for users with diverse holdings​.

Common Mistakes to Avoid When Using Hardware Wallets

While hardware wallets are one of the most secure methods to store cryptocurrency, certain mistakes can still expose users to risks. Avoiding these common errors ensures that your assets remain protected.

Losing Seed Phrase/Private Keys

Your seed phrase or private keys are the most critical elements for accessing your crypto holdings. If you lose them, it’s nearly impossible to recover your assets. Many wallets, like those from Ledger and Trezor, provide a 12- or 24-word seed phrase during the initial setup. Storing this phrase securely and offline is essential. Never store your seed phrase digitally, as hackers could access it through malware or phishing attacks​.

Improper Storage Methods

Another common mistake is improper storage of the hardware wallet itself. While hardware wallets are designed to be durable, they are still susceptible to damage or theft if not stored correctly. It’s recommended to store your wallet in a safe, secure location, ideally one that is tamper-proof. Keeping backups of your seed phrase in a separate, secure location is also essential in case your device is lost or damaged.

Using Untrusted Devices/Software

Connecting your hardware wallet to untrusted devices or using unauthorized software can expose it to malware and cyberattacks. Always use official apps, such as Ledger Live or Trezor Suite, to manage your assets. Additionally, ensure the device you connect to is free from viruses or malicious software that could compromise your wallet.

Closing Thoughts

Cold storage wallets remain the gold standard for securing cryptocurrency, offering unmatched protection against hacking and online threats. The key to choosing the right wallet lies in understanding your needs—whether it's mobile compatibility or the ability to manage a variety of cryptocurrencies.

Top wallets like Ledger, Trezor, SafePal, and ELLIPAL cater to different budgets and levels of security, ensuring that both beginners and seasoned investors can find a suitable option. From hardware wallets with touchscreens to ultra-secure air-gapped devices, these solutions allow users to take control of their assets without relying on third-party custodians.

Regardless of how technology advances, one thing remains clear: owning your private keys through a secure cold storage wallet is critical for protecting your digital wealth in an ever-changing landscape.