Best Hardware Wallets for Bitcoin 2024
Hardware wallets provide the highest level of security for your Bitcoin. Here's our comprehensive comparison of the leading hardware wallets available in 2024.
Why Use a Hardware Wallet?
Hardware wallets store your private keys offline on a physical device, protecting them from:
- • Online hacking attempts
- • Malware and viruses
- • Exchange failures
- • Unauthorised access
Our Top Picks
Ledger Nano X
Best Overall
$149
USD
✓ Pros
- • Bluetooth connectivity for mobile
- • Supports 5,500+ cryptocurrencies
- • Install up to 100 apps
- • Large screen, easy to use
- • CC EAL5+ secure chip
- • Excellent Ledger Live software
✗ Cons
- • Higher price point
- • Closed-source firmware
- • Past data breach (customer info)
The Ledger Nano X is our top recommendation for most users. It combines robust security with excellent usability, Bluetooth support for mobile trading, and the comprehensive Ledger Live ecosystem. Perfect for both beginners and advanced users.
Buy Ledger Nano X →Trezor Safe 3
Best Value
$79
USD
✓ Pros
- • Fully open-source
- • Supports 8,000+ cryptocurrencies
- • EAL6+ security chip
- • USB-C connection
- • Shamir Backup support
- • Affordable price
✗ Cons
- • No Bluetooth (limited mobile use)
- • 2-button system less intuitive
- • Smaller screen than premium models
The Trezor Safe 3 offers excellent value for security-conscious users who prioritise open-source software. It's the successor to the legendary Trezor One, with improved hardware and expanded coin support including Cardano and Solana.
Buy Trezor Safe 3 →Ledger Nano S Plus
Budget Pick
$79
USD
✓ Pros
- • Same security as Nano X
- • Supports 5,500+ cryptocurrencies
- • Affordable entry point
- • Larger screen than old Nano S
- • USB-C connection
✗ Cons
- • No Bluetooth
- • Must stay connected to computer
- • Limited mobile compatibility
The Nano S Plus provides excellent security at an affordable price. It's perfect for beginners or those who primarily use desktop computers. Offers the same security chip and features as the Nano X, minus Bluetooth.
Buy Ledger Nano S Plus →Trezor Model T
Premium Open-Source
$169
USD
✓ Pros
- • Full colour touchscreen
- • Fully open-source
- • Shamir Backup
- • SD card encryption
- • Intuitive interface
- • Supports 8,000+ coins
✗ Cons
- • Premium price
- • No Bluetooth
- • Physical security vulnerabilities
The Model T is Trezor's flagship device, offering a premium experience with a large touchscreen and advanced features. Ideal for users who value open-source transparency and want the best user experience Trezor offers.
Buy Trezor Model T →Comparison Table
| Feature | Ledger Nano X | Trezor Safe 3 | Nano S Plus | Model T |
|---|---|---|---|---|
| Price | $149 | $79 | $79 | $169 |
| Screen | Yes | Yes | Yes | Touchscreen |
| Bluetooth | ✓ | ✗ | ✗ | ✗ |
| Open Source | Partial | ✓ | Partial | ✓ |
| Coins Supported | 5,500+ | 8,000+ | 5,500+ | 8,000+ |
| Mobile App | Excellent | Limited | Limited | Limited |
Which One Should You Choose?
Choose Ledger Nano X if:
- You want mobile trading capability via Bluetooth
- You value polished software and user experience
- You need to manage multiple cryptocurrencies
- You don't mind closed-source firmware
Choose Trezor Safe 3 if:
- You prioritise open-source software
- You want great security at an affordable price
- You mainly use desktop computers
- You value the Shamir Backup feature
Choose Ledger Nano S Plus if:
- You're on a budget but want Ledger's security
- You primarily use a desktop computer
- You're just starting with Bitcoin
- You don't need Bluetooth connectivity
Choose Trezor Model T if:
- You want premium open-source hardware
- You prefer touchscreen interaction
- You're an advanced user wanting Shamir Backup and SD card features
- You're willing to pay for the best Trezor experience
Setup & Security Tips
⚠️ Critical Security Rules
- ✓ Always buy directly from the manufacturer
- ✓ Never buy "pre-configured" or second-hand wallets
- ✓ Write down your recovery phrase on paper (never digitally)
- ✓ Store recovery phrase in a safe, fireproof location
- ✓ Never share your recovery phrase with anyone
- ✓ Verify the device is authentic upon receipt
Best Practices
- Use a strong PIN (8 digits if supported)
- Enable passphrase for additional security
- Keep firmware updated
- Test recovery process with small amounts first
- Consider metal backup solutions for recovery phrases
Need Help Choosing or Setting Up?
We offer personalised consultations to help you select the right hardware wallet and set it up securely.
