What are the best Bitcoin hardware wallets? (Merits for help)

[pixie85]

I saw Ledger and Trezor compared and there were some small issues with how ledger is build. Trezor was found to be more secure because it's completely offline and there's no way hos your keys can be compromised. It's not that simple with ledger but it still offers a very high level of security.

You could also use a computer which can have its internet card disconnected. Any device that stores your kyeys offline is 100% secure.

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[Lucius]

I do not say that it is fully safe because there are past issues about ledger nano S where the sellers and retailers are able to get the fund of the users. That is why for those who want to buy ledger nano s make sure that you will buy at the legit sellers.

What you talk about applies to every hardware wallet which is being purchased from unauthorized sellers, or if it is a used device. The problem is not that such devices come with an already generated seed, but the fact that those who buy them do not reset the device and make new seed. This is a very simple attempt of fraud, that can easily be avoided.

I saw Ledger and Trezor compared and there were some small issues with how ledger is build. Trezor was found to be more secure because it's completely offline and there's no way hos your keys can be compromised. It's not that simple with ledger but it still offers a very high level of security.
You could also use a computer which can have its internet card disconnected. Any device that stores your kyeys offline is 100% secure.

Ledger and Trezor need to be connected to the internet to be able to send transactions, how would you use wallets like this if they were completely offline? But such devices are designed to never expose private keys, process of sign transaction is always inside hardware wallet.

Nothing is 100% safe, so neither devices that are offline - they are all subject to psychic attacks where an attacker can attempt to extract a private key or seed using some security vulnerability, which is for some time possible with Trezor models if users did not set very strong paraphrase.

[Zicadis]

The Card Wallet may be of interest, I am thinking of getting one.  It's made in Austria and looks secure:

https://www.cardwallet.com/en/home/

Never seen that one before, thanks for contributing.

Definitely looks like something I could be interested in, since it'll make carrying around Bitcoin far more accessible.

+merit for you!

I'm thinking I'll just end up buying a few different ones and comparing them myself. The Ledger Nano S and X do look strong, but the price of the X just isn't justified IMO right now, particularly considering the CoolWallet is way cheaper.

[taufik123]

Ledger Nano S and Trezor hardware wallets have become a common choice because it is indeed the best level of security for a portable hardware wallet.
Hardware wallet is not vulnerable to online attacks because the use of this wallet can be offline.
But there is no system that is 100% safe as said by @lucius

-snip-Nothing is 100% safe, -snip-

I also recommend bitcoin paperwallet that can be easily created at walletgenerator.net

You can create a new wallet with a public key and private key that can be printed on a piece of paper and can be stored offline. The key that is created will be very long and difficult to write manually. Private key is also made with a QR code to make it easier to access it.

Wallet security depends on how the wallet user behaves.
the security of your wallet is your responsibility.

[pacman7331]

I found Finney, another hardware wallet from the Sirinlabs project. Sirinlabs is one of the top altcoins that has use cases, the Sirinlabs smartphone, and this Finney is a hardware wallet which is available in the Sirin shop! You may find details here, https://shop.sirinlabs.com/?rfsn=2397639.54fdf&utm_source=refersion&utm_medium=affiliate&utm_campaign=2397639.54fdf

[jessyj48]

Go for the high end Ledger or Trezor hardware wallets, not the cheapest ones, since hardware wallets is what you asked for there it is, i am better off with mobile wallet and paper wallet, until I start having 7k$ worth of bitcoin maybe i will consider hardware wallet then

[chennappa121]

I'm using Ledger Nano it is very safe and secure and it is user friendly we can connect to any computer through USB and embeds in OLED display to double check and confirm each transaction with single tab button.

I have not used any other wallet other than Ledger Nano

Here are some list which you have not mentioned in your list.

1. OpenDime
2. Corazon

[vapourminer]

trezor. have had NO issues with it AT ALL. ive had mine since 2013 or 2014.

however there is a flaw that if you lose the trezor its possible that at some point they can extract the seed (if its found by someone who know what they are doing). but again you have to LOSE it. as long as only you have access youre fine. you can use any browser and you can point it at your own local copy of the blockchain so you dont have to use trezors back end.

the ledger s.. hell no. had problem after problem. they keep changing the software you need to work with it. plus blown firmware updates no thanks, i like stuff that Just Works.



buy directly from satoshi labs (slush) only. NEVER buy a used one.

[morggin]

I can only recommend Ledger or Trezor.  As they have a consistent track record so far. I would never recommend something I have never used.

[Zicadis]

I found Finney, another hardware wallet from the Sirinlabs project. Sirinlabs is one of the top altcoins that has use cases, the Sirinlabs smartphone, and this Finney is a hardware wallet which is available in the Sirin shop! You may find details here, https://shop.sirinlabs.com/?rfsn=2397639.54fdf&utm_source=refersion&utm_medium=affiliate&utm_campaign=2397639.54fdf

Jesus, $999. I'm really not sure who their target user is, but $999 is just ridiculous considering you can buy practically all other wallets, plus the Samsung Exodus phone for less than that.

I can only recommend Ledger or Trezor.  As they have a consistent track record so far. I would never recommend something I have never used.

Yeah, I've already played around with both of these, but I just can't take the fact that neither is wireless. Plus as far as I'm aware, the Trezor One is no longer being updated and so doesn't support some newer assets.

Not ideal for me.

Still looking for more suggestions gais!

[Dabs]

OpenDime is more like cold storage, or the equivalent of a bitcoin bearer stick. You load it with coins, give the stick to someone else, only they have the private key. Whoever has physical possession of the OpenDime has the private key (or can redeem it any time) by pushing a pin or something on the stick.

It's probably one of the best physical bitcoins right now, please low enough in price that you can have a bunch of them.

For anything above a certain price, I'd rather just get a used or old laptop and do a fresh install of bitcoin core, armory, or electrum and use that as the hardware wallet equivalent. It's not as small or portable or convenient, but you control almost all aspects of the hardware and software.

[Docnaster]

Any reason why you can't just install Armory on your phone? Pretty sure it offers roughly the same security as a hardware wallet, but also makes it portable since you're wallet is now mobile-based.

Alternatively, take a look at the Cobo wallet, it's relatively cheap and seems to be at least as secure as the Nano S.

https://cobo.com/hardware-wallet

[20kevin20]

trezor. have had NO issues with it AT ALL. ive had mine since 2013 or 2014.

however there is a flaw that if you lose the trezor its possible that at some point they can extract the seed (if its found by someone who know what they are doing).

snip

Any hardware wallet becomes a risk of your funds if lost. There's always going to be an exploit somewhere found by someone, so physically losing your hardware wallet makes your seed exposed to potential exploits and flaws be it the best and most secure hardware wallet in the world. If they are fixed through updates, it does not mean there aren't new (or even older ones that haven't been found yet) security vulnerabilities that could be exploited.

So just preserve your hardware wallet in a safe, robbery-proof spot and you'll be fine. I'm very happy with my Nano S, but I have a little bit of doubt lately due to its non-open source nature.

[ABCbits]

Ledger Nano S and Trezor hardware wallets have become a common choice because it is indeed the best level of security for a portable hardware wallet.
Hardware wallet is not vulnerable to online attacks because the use of this wallet can be offline.
But there is no system that is 100% safe as said by @lucius

-snip-Nothing is 100% safe, -snip-

I also recommend bitcoin paperwallet that can be easily created at walletgenerator.net

You can create a new wallet with a public key and private key that can be printed on a piece of paper and can be stored offline. The key that is created will be very long and difficult to write manually. Private key is also made with a QR code to make it easier to access it.

Wallet security depends on how the wallet user behaves.
the security of your wallet is your responsibility.

Make sure this is generated OFFLINE and on a clean machine, I used a raspberry pi when I made one back in the day, there used to be an image out there but that's pretty suspicious and I would get the webpage downloaded on another machine and offline bring it to the pi.

Good point since the mentioned website had serious security vulnerability and personally i'd call it backdoor.

Please read https://medium.com/mycrypto/disclosure-key-generation-vulnerability-found-on-walletgenerator-net-potentially-malicious-3d8936485961

[taufik123]

Good point since the mentioned website had serious security vulnerability and personally i'd call it backdoor.

Please read https://medium.com/mycrypto/disclosure-key-generation-vulnerability-found-on-walletgenerator-net-potentially-malicious-3d8936485961

I admit this is quite vulnerable and has a backdoor that can be hacked very easily by hackers.
Thank you for giving me an explanation and I just realized about the weaknesses of this wallet generator.
A secure wallet is only a wallet that is made offline and accessed offline, so that there are no gaps that can be accessed to hack the wallet.

[layoutph]

I only trust Ledger and Trezor hardware wallets. I heard some rumors there are hardware wallets created to do harm with your laptop by installing a malicious code that sneaks to your other private keys. So beware do not just trust any hardware wallets.

[Dabs]

About cardwallet = looks like an expensive paper wallet where a third party generates the private keys for you. I don't care about the security and all that, it's still made by someone else and you'd have to trust them. Also, it looks like they are still using legacy address formats.

So far, the best compromise that does everything you need it is still Electrum. It does all address formats, has extended keys, has seeds, can import private keys, and can act as watch-only wallets to pair with cold storage offline wallet.

[Lucius]

Yeah, I've already played around with both of these, but I just can't take the fact that neither is wireless. Plus as far as I'm aware, the Trezor One is no longer being updated and so doesn't support some newer assets.
Not ideal for me.
Still looking for more suggestions gais!

What do you really think when you say "neither is wireless"? Do you want a hardware wallet that can be wirelessly connected to your computer/smartphone? I know Nano X has that capability because it has Bluetooth, but you find it too expensive. Maybe it's an opportunity to buy a Nano X + S in this offer Ledger's Valentine's Offer

[Dabs]

Those crypto steel solo and cassette things are nice, but you can do a similar level of protection if you have a fire rated safe. So, it isn't exactly the same thing, but you can plan for it.

Paper can be laminated, or even stored in a folder or envelope, then stuffed in a fireproof pouch and then you put that inside the safe.. The safe would be bolted to the floor or a wall of your house so it doesn't move.

Then you should have a back up, like buried hidden underneath your basement, or in the back yard or something.

Just in case, right?

[Ken_terrance]

Ledger wallet and Trezor are the best hardware wallet, I know few new hardware wallets are showing up but none of them are better than these two, not even keepkey hardware wallet, I don't use any of these but I have friends that use them