If you’re thinking about purchasing a cold storage crypto wallet for the first time, there are a few factors that you should keep in mind. If you’re worried about the security of your crypto assets, consider a SafePal wallet. This stylish wallet is rated to stay operational at temperatures between -4deg and 158deg F. You’ll receive SafePal S1 along with a USB-A to Micro-USB cable, three recovery sheets, a cleaning cloth, and a quick start guide in a small box. The SafePal also comes with a 400mAh battery, but this does not allow you to connect to your online wallet or to other financial accounts.
Ledger Nano S
The Ledger Nano S is an excellent cold storage crypto wallet for your cryptocurrency holdings. It supports a wide variety of coins, including Bitcoin, Ethereum, and Litecoin. The wallet can be brought online in an instant to send or receive cryptocurrencies. Both the Nano S Plus have a USB connection and no internal battery. To get the most out of your wallet, choose the version that best meets your needs.
When purchasing the Ledger Nano S, the device will come with a quick start guide and three cards to record your recovery phrase. Then, you will need to input a PIN in the device. To use the wallet, you will also need to install the Ledger Live software on your computer. To set up the password, follow the instructions on the screen. You will then need to create wallet addresses and send coins to them.
CoolWallet S
If you are in the market for a new cold storage crypto wallet, the CoolWallet S might be the one for you. This wallet is waterproof, rechargeable, and connects to your device via an encrypted Bluetooth connection. It offers easy interaction with DeFi, NFT, and Dapps, and its body is tamper-free and water-resistant. The wallet’s battery lasts for several weeks, and it features multi-layer cold storage security and encrypted Bluetooth connections.
While the CoolWallet S does have a screen, it is not big enough to do much. Its primary use is for recovery seed verification and verifying addresses, and there’s no fancy graphics or other features. Compared to its competitors, it’s also lighter. Its size doesn’t matter, because the device weighs less than a credit card. It’s also the most affordable option in its class, and costs almost half as much.
Trezor Model T
A lot of people love the slick looks of the TREZOR Model T cold storage crypto wallet, but the only real drawback is its lack of Bluetooth functionality. This device uses a USB-C connection, which is much easier to insert than a Bluetooth connection. Trezor and its founder SatoshiLabs were the first to develop cold storage wallets, so the company’s experience is well-rounded.
The device uses an RNG to generate a 24-word recovery seed, which is stored offline. This seed is also encrypted and stored in the wallet, so if anyone should steal it, their private keys would not be accessible. This feature is particularly beneficial to cryptocurrency users, since it protects them from hacking. Besides keeping the wallet private, Trezor also stores a backup of all your transactions on the device.
KeepKey
The KeepKey cold storage crypto wallet is a hardware cryptocurrency wallet that supports a wide variety of currencies, including Bitcoin, Ethereum, Litecoin, Namecoin, Dash, Dogecoin, and Monero. It offers easy setup, advanced features, and secure storage of your crypto assets. Founded by Darin Stanchfield in 2015, KeepKey was acquired by ShapeShift in August 2017.
With this product, you will have offline storage and an encrypted private key. Your KeepKey device can also store a 12-word recovery sentence, so that no one else can access your private keys. This wallet is secured by a password and a tamper-proof shrink wrap. If the wallet has been tampered with, you’ll know instantly. Even better, KeepKey wallets are packaged in tamper-proof shrink-wrap, so that no one can steal your private keys or steal your wallet.