Hardware Wallet Reviews
In this list you will find all the hardware wallet reviews we have written. As we have been testing since 2017, this list may also include old models that are no longer manufactured.
Hardware Wallet Reviews: How and why we test
Hardware wallets are devices that can securely store cryptocurrencies such as Bitcoin, Ethereum or Litecoin. They protect the private keys that enable access to the digital coins from hackers, viruses or loss. Hardware wallets are therefore an important investment for anyone who owns or wants to buy cryptocurrencies.
But how do you find the best hardware wallet for your needs? What criteria are important for assessing the quality and security of a hardware wallet? And which hardware wallets are actually available on the market?
To answer these questions, we decided to test and compare different hardware wallets. We want to help you make an informed decision about which hardware wallet is right for you.
How we test hardware wallets
We test hardware wallets according to the following criteria:
- Design and usability: What does the hardware wallet look like and how does it feel? How easy is it to set up and operate the device? How good is the display, the buttons and the connections? How is the battery life and charging time?
- Security: How secure is the hardware wallet against physical and digital attacks? What security functions does it offer, such as PIN code, passphrase, backup, recovery or two-factor authentication? How are the private keys generated and stored? How are the transactions signed and transmitted? How is the data encrypted and protected?
- Compatibility and functionality: Which cryptocurrencies and wallet apps is the hardware wallet compatible with? How many different coins can it store and manage? How easy is it to send and receive coins? What additional functions does it offer, such as staking, DeFi, DApps or multisig?
- Price and performance: How much does the hardware wallet cost and how does it compare to other hardware wallets? What is the price-performance ratio? How long is the warranty and customer service?
We rate each hardware wallet according to these criteria with a scale of 1 (very bad) to 5 (very good) stars. We take into account our own experiences as well as the opinions and ratings of other users and experts. We try to be as objective and transparent as possible and point out possible advantages and disadvantages.
What we test
We test hardware wallets that are available on the German market and that are in high demand and popular. We have opted for the following hardware wallets:
- Ledger Nano X: The Ledger Nano X is the latest and most advanced hardware wallet from Ledger, a French company that has been manufacturing hardware wallets since 2014. The Ledger Nano X is a Bluetooth-enabled device that can store and manage up to 100 different cryptocurrencies. It has a large OLED display, two buttons and a USB-C port. It costs approx. 119 euros and has a 2-year warranty.
- Trezor Model T: The Trezor Model T is the second and improved hardware wallet from Trezor, a Czech company that has been producing hardware wallets since 2013. The Trezor Model T is a touchscreen device that can store and manage more than 1600 different cryptocurrencies. It has a color screen, an SD card slot and a USB-C port. It costs around 149 euros and has a 2-year warranty.
- BitBox02: The BitBox02 is the second and revised hardware wallet from Shift Crypto, a Swiss company that has been producing hardware wallets since 2015. The BitBox02 is a minimalist device that can store and manage around 30 different cryptocurrencies. It has a small OLED display, a touch sensor and a USB-C port. It costs around 99 euros and is guaranteed for 2 years.
We will continuously test new hardware wallets in detail and publish our test reports here on this page. We hope you find our hardware wallet reviews useful and informative and that they help you find the best hardware wallet for you.