Hardware Bitcoin Wallets are a relatively new but very significant development. Here you will learn about the unique features available in the market leading hardware wallets to secure your bitcoins.
All of the statistics are straight from the developers of the products and the table below should help you to understand which is best for you.
Hardware Bitcoin Wallet Comparison Table
|Device||Ledger Wallet Nano S|
|Price||AUD $132||AUD $155||USD $239|
|HD Bitcoin Wallet||X||X||X|
|Additional Passphrase Protection||X||X||X|
|Hidden Multi-Wallet Capability||X||X|| |
|Additional Security Features||Ledger Nano S is based on a dual chip architecture (ST31/STM32). The firmware integrity is guaranteed by cryptographic attestation.||External random number entropy and exponential time delay protection against brute force attempts.||Hardware based Random Number Generator|
|Backups||BIP39 Seed - 12, 18 or 24 Word Recovery Phrase||12, 18 or 24 Word Recovery Phrase||12 Word Recovery Phrase|
|Desktop App||Windows, Mac, Linux and Chrome OS.||Windows, Mac and Linux.||Windows, Mac and Linux.|
|Mobile App||Android / iOS||Android Support Planned||None|
|Connectivity||USB Micro-B||USB (2.0)||USB (HID)|
|3rd Party Integration||GreenBits, Mycelium, Electrum, Coinkite, Copay, MyEtherWallet, FIDO U2F, GPG, SSH||Mycelium, MultiBit, Electrum, CoinPrism, Encompass, Sentinel, Bitex, Cashila, Coinmap, Coinpayments, CoinSimple, Osclass, Strip4Bit, Telebit, Wallet32||Electrum, MultiBit|
|Materials||Brushed stainless steel and Plastic.||Reinforced Plastic *or* CNC Milled Aluminium||Anodized Aluminium Case & Polycarbonate Front|
|Size||98mm x 18mm x 9mm||59mm x 30mm x 6 mm||38mm x 93mm x 12mm|
|Screen||Secure OLED Display||128x64 OLED||256x64 3.12” OLED|
And The Best Hardware Wallet Is…
After reviewing the options currently on the market, the clear leader in our minds is the Trezor. Whilst it isn’t the cheapest it definitely isn’t anywhere near the most expensive player in the market and actually offers more features and third party integrations than KeepKey (the most expensive).
If you want something physical to carry your bitcoins on, or are concerned about the safety of your computer or cloud providers then you can’t really go wrong with the Trezor hardware bitcoin wallet.