Top 5 Cold Crypto Wallets

There are two types of crypto storage wallets –  hot and cold wallets. Both wallets help you store digital currencies and other crypto assets (NFTs and the like). However, the latter offers more security.

Cold crypto wallets are offline and keep your crypto assets away from the vulnerabilities of the internet. These wallets communicate with the blockchain using computer software or mobile application.

Best cold wallet

There are several models of cold wallets, each with different features and capabilities. This guide provides detailed information about the best cold crypto wallets in the market and how to choose secure hardware wallets suitable for any asset.

1. Ledger Nano X Ledger Nano X is the leading cold crypto wallet, with over 3 million customers worldwide. It is currently the best product of the Ledger company – the most prominent name in the cold wallet industry.

2. Ledger Nano S The Ledger Nano S is another high-quality product from Ledger. This hardware wallet is specially designed for users with a friendly budget or lesser needs.

3. Trezor Model T The Trezor Model T is the flagship product of Trezor, another big market name and Ledger’s primary competitor.  This hardware wallet is the safest crypto wallet and is secured using a randomly generated recovery seed phrase and a PIN.

4. CoolWallet Pro CoolWallet Pro is a multifunctional mobile wallet that stores assets and grants users access to several crypto products and services, including  DeFi protocols, NFT collectibles, DApps, airdrops, etc.

5. Safepal S1 Safepal S1 wallet is manufactured by SafePal and is tagged as the best crypto wallet for newbies. This hardware wallet supports 20 blockchains and over 10,000 tokens, including NFTs.

Can a Cold wallet be hacked?

Yes, cold wallets can be hacked, but only if the foreign party can obtain your PIN/Password and recovery phase. However, as most cold wallets are offline devices, this is an "almost" impossible task.

Can a cold wallet hold multiple cryptocurrencies?

Yes. Like hot wallets, most cold wallets support multiple coins and token