When it comes to securing your cryptocurrency and NFTs, nothing beats the peace of mind that comes with using a hardware wallet. These physical devices store your private keys offline—away from hackers, malware, and online threats—making them the gold standard for digital asset protection.
While software wallets are convenient for daily transactions, they remain connected to the internet, leaving them vulnerable. For long-term storage or significant holdings, a hardware wallet (also known as a cold wallet) is the smart choice. It combines robust security with reliable access, ensuring your crypto stays safe without sacrificing usability.
In recent years, the hardware wallet market has evolved beyond just a few dominant players. Though Ledger and Trezor have historically led the space, growing concerns around privacy, transparency, and user control have driven demand for alternatives. Whether you're new to Web3 or a seasoned investor, choosing the right device matters.
Below, we break down the top 6 hardware wallets of 2024, evaluating each on security, price, ease of use, supported assets, and community trust.
Do You Really Need a Hardware Wallet?
Yes—if you own crypto or NFTs worth protecting.
Think of it this way: a software wallet is like your everyday wallet—great for small purchases and quick access. A hardware wallet is your safe at home—designed for storing valuables securely over time.
👉 Discover how secure your digital assets really are with cutting-edge cold storage solutions.
We recommend a dual-wallet strategy:
- Use a software wallet (like MetaMask) for daily DeFi interactions, trading, or NFT purchases.
- Store long-term investments in a hardware wallet to minimize exposure to online risks.
This balance offers both convenience and maximum protection.
6 Ledger Stax
- Launched: May 2024
- Price: $399 USD
The Ledger Stax marks a bold leap forward in design and user experience from one of the most recognized names in hardware wallets. As Ledger’s flagship model, it features a curved E Ink touchscreen—the first of its kind in the industry—offering what the company calls Clear Signing: a way to view transaction details in plain language before approving.
Equipped with a CC EAL6+ certified secure element chip and supporting over 5,500 cryptocurrencies and NFTs, the Stax delivers high-end functionality. It can run up to 100 apps simultaneously and uses a customizable 4–8 digit PIN for access control.
However, at nearly $400, it’s one of the most expensive options available. Its premium build may appeal to tech enthusiasts, but many users find it overpriced for typical use cases. Additionally, Ledger has faced criticism in 2024 over data-sharing practices and mandatory account creation, which has shifted community sentiment toward more privacy-focused competitors.
Still, if sleek design and modern interface matter most, the Ledger Stax remains an option worth considering.
5 Trezor Safe 5
- Launched: June 2024
- Price: $169 USD
Trezor’s answer to the premium hardware wallet market is the Trezor Safe 5, a powerful blend of security, openness, and affordability. Featuring a 1.54-inch Gorilla Glass touchscreen and open-source firmware, this device allows full transparency into its code—making it easier for developers and auditors to verify its integrity.
It supports all major blockchains, including Bitcoin, Ethereum, and popular NFT platforms. A Bitcoin-only version is also available for purists seeking minimal attack surfaces.
At less than half the price of the Ledger Stax, the Safe 5 offers exceptional value. Integration with the broader Trezor ecosystem—including Trezor Suite—makes setup and management straightforward for beginners and experts alike.
One downside? The reliance on touch input (with haptic feedback) lacks the tactile reassurance of physical buttons, raising durability concerns over time.
For those who prioritize open-source security and fair pricing, Trezor Safe 5 stands out in 2024.
4 BC Vault
- Launched: October 2018
- Price: Starting at $139 USD
The BC Vault isn’t just a wallet—it’s designed as a true digital vault. Unlike most hardware wallets that rely on seed phrases, BC Vault uses SD cards or QR codes for backup and generates keys through non-deterministic algorithms combined with random number generators.
This approach eliminates single points of failure—a major win for long-term security. The device also uses FeRAM (Ferroelectric RAM) technology, claiming data retention for up to 200 years without power loss.
Supporting nearly all major cryptocurrencies and tokens, BC Vault focuses on maximum resilience rather than flashy features. However, it’s not open source, which may deter some technically minded users. Its interface is also less intuitive compared to mainstream options.
Best suited for serious holders focused solely on asset preservation, BC Vault lives up to its motto: "Wallets are for pocket money. Vaults are for safekeeping."
3 NGRAVE ZERO
- Launched: May 2020
- Price: $440 USD
At the pinnacle of security-first design sits the NGRAVE ZERO, marketed as the world’s only EAL7-certified air-gapped hardware wallet—the highest security rating achievable for consumer electronics.
With no USB, Bluetooth, Wi-Fi, or NFC connectivity, all communication happens via QR codes. This complete isolation ensures no remote hacking vectors exist. The device features a 4-inch touchscreen, military-grade casing, biometric authentication, and tamper-proofing mechanisms.
It supports over 3,500 digital assets and runs on a custom OS built for maximum protection. While incredibly secure, the user experience is intentionally minimal—this is not a device for casual users.
Priced at $440, it's the most expensive option on our list. But for ultra-high-net-worth individuals or institutions needing uncompromising security, NGRAVE ZERO delivers peace of mind like no other.
👉 See how next-generation cold storage can protect even the largest crypto portfolios.
2 Ledger Nano S Plus
- Launched: April 2022
- Price: $79 USD
The Ledger Nano S Plus offers an affordable entry point into hardware security without sacrificing core functionality. With two physical buttons and a compact monochrome screen, it maintains Ledger’s reputation for simplicity and reliability.
It supports over 5,000 coins and NFTs and connects via USB-C. Setup and management are handled through the Ledger Live app, making it accessible for desktop and Android users.
However, it lacks Bluetooth connectivity, so iOS users cannot pair it wirelessly. Combined with recent controversies around Ledger’s data policies and mandatory user accounts, many in the community are exploring alternatives despite its low price and solid track record.
Still, for budget-conscious users upgrading from software-only wallets, the Nano S Plus remains a strong contender.
1 Trezor Model One
- Launched: July 2014
- Price: $59 USD
Topping our list is the original: the Trezor Model One. Despite launching a decade ago, it remains one of the most trusted hardware wallets in existence—thanks to its open-source firmware, proven durability, and unwavering commitment to user sovereignty.
With a small OLED screen, two physical buttons, and Micro USB connectivity (adaptable to USB-C), it supports thousands of cryptocurrencies and integrates seamlessly with third-party wallets like Electrum and Metamask (via WalletConnect).
Its PIN and passphrase protection offer layered security. Over ten years of real-world use—with zero reported breaches due to device flaws—cements its status as a legend in the space.
While it lacks modern features like touchscreens or wireless pairing, its simplicity enhances security. At just $59, it offers unmatched value for new entrants and long-term holders alike.
For reliability, transparency, and cost-effectiveness, the Trezor Model One earns the #1 spot in 2024.
Frequently Asked Questions (FAQ)
Q: What is a hardware wallet?
A: A hardware wallet is a physical device that stores your cryptocurrency private keys offline. It signs transactions securely without exposing keys to internet-connected devices.
Q: Are hardware wallets hack-proof?
A: While no system is 100% invulnerable, hardware wallets are extremely secure due to offline key storage and air-gapped designs. Physical theft or phishing remain potential risks—but these can be mitigated with PINs and passphrases.
Q: Can I lose my crypto with a hardware wallet?
A: Only if you lose both the device and your recovery seed. Always store your seed phrase offline in multiple secure locations.
Q: Which wallet supports the most cryptocurrencies?
A: The Ledger Stax leads with support for over 5,500 coins and tokens. However, most top wallets cover major blockchains like Bitcoin, Ethereum, Solana, and Binance Smart Chain.
Q: Is open-source firmware important?
A: Yes. Open-source code allows independent audits and builds community trust—key factors in evaluating security claims. Trezor and BC Vault emphasize this principle.
Q: Should I buy now or wait for newer models?
A: Current models are mature and well-tested. Unless you need specific upcoming features (e.g., Bluetooth), buying now ensures immediate protection for your assets.
👉 Start securing your crypto today with trusted cold storage technology that grows with you.
Whether you're safeguarding your first Bitcoin or managing a diverse NFT portfolio, choosing the right hardware wallet is essential. In 2024, options range from budget-friendly classics like the Trezor Model One to ultra-secure vaults like NGRAVE ZERO—giving every user the tools to protect their digital future.
Prioritize security. Stay informed. And always take custody of your keys.