Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]

Den W. Den W. 28 November 2020
Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]

In this article, we're going to look at the top five Bitcoin Wallets available on the market today. We made this list based on our own opinion, research, and customer reviews. We've considered their quality, features, and values when narrowing down the best choices possible.

5. SecuX V20

Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]As the world's toughest hardware wallet, SecuX V20 gained popularity in the cryptocurrency world due to its unique features. Unlike most crypto hardware wallets, this device can be used across various platforms. You can connect it via Bluetooth or USB to your desktop, laptop, mobile phone, and even manage your transaction wirelessly via the mobile app while on the go. With a weight of just 4.2 ounces and a dimension of 0.59 x 3.86 x 3.86, this portable device is calibrated with a CC EAL 5+ Certified Security Element. It guarantees that the device PIN code and stored private keys' optimum security.

Other notable features include a pre-installed tamper-resistant firmware, an upgraded system, and a protected production chain. Its rugged aluminum case on the side and durable rubber-like backing ensure stability and durability. SecuX V20 also has an easy-to-interact 2.8-inch touch screen, which consists of an on-screen keyboard and verification for every transaction you do. This device is very secure, considering the various security features it has to ensure that your assets remain safe at all times. At the moment, SecuX V20 supports Ethereum, Digibyte, XRP, Bitcoin, Dogecoin, Ripple, ERC-20 tokens, Litecoin, Bitcoin Cash, Dash, Binance, GRS, and Stellar Lumens.

Its pros are:

  • It is secure
  • It works for both Windows and Mac devices
  • It has a corresponding app for both android phones and iPhones
  • It is easy to use

However, the cons are, It supports a limited number of coins; and - Its batteries run out fast. SecuX V20 has a randomized digital keyboard for preventing the keystrokes from being copied. It is best for users who want a Bitcoin wallet that guarantees high security against cyber-attack.

4. CoolWallet S

Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]The CoolWallet S is a mobile hardware wallet that combines hardware securities and portability. It is currently the World's Only Mobile Hardware Wallet, weighing just 0.212 ounces. Unlike SecuX V20, CoolWallet S does not have to be connected with a desktop or a laptop before you can make any transaction. All you need is a mobile app, and you are good to go. This mobile hardware features a slim and sleek physical credit card-like design that makes it convenient to carry around. It uses a 100% near field communication and wireless connection via multiple layers of AES256 encrypted Bluetooth technology to connect to the phone app. It provides absolute security through its US Military-grade CC EAL5+ Secure Element chip.

This chip is used for storing and protecting your private keys. It requires a three-step authentication for all transactions includes Face/Touch ID, passcode, and physical confirmation. There is also a built-in display that enables you to view your transaction details. CoolWallet S is user-friendly, lightweight, water, and impact-resistant. It works with both Android and IOS devices, and, lastly, it supports both Crypto-to-crypto and fiat-to crypto-exchange.

Its pros are: 

  • It is portable, waterproof, bendable, and tamperproof
  • It has a user-friendly interface
  • It presents clear, concise information

However, - It doesn't support some popular currencies; and - It is expensive. CoolWallet S offers a strong choice of user-friendly and portability features. It is ideal for users who want a hardware wallet that they can store like a credit card.

3. Ledger Nano S

Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]Ledger Nano S is considered one of the most convenient bitcoin wallets in the market. It accepts up to 1100 digital assets of cryptocurrencies and provides portables options for secured transactions. Sold at an affordable price, it is surely a smart choice to hold onto. Moreover, if you have a soft spot for colors, you are in luck because Ledger Nano S has various colors to choose from. But sometimes, the price varies with the color. Looking like a flash driver, you can connect this Bitcoin wallet to a computer via USB and manage it through the Ledger Live companion app. This allows you to easily send and receive crypto assets, secure your funds, and limit your risk of getting hacked.

Also, it provides you with the best option to secure your crypto assets, which is by protecting your private key. Just like your bank deposit box, your hardware wallet requires the same high-grade security to protect your assets against any form of hacking or malware attack. Hence, Ledger Nano S uses an ST31H320 for protection, an STM32F042 chip to store your private keys, and an 8-digit PIN code to keep the third party out. Also, it backs up your account on a recovery sheet. So if you ever lose your hardware wallet, your account can be easily restored on any Ledger device or compatible wallets.

Its pros are:

  • It supports a wide range of coins
  • It is compact
  • It is easy to setup

However,  It only allows few apps installed at the same time. If you are looking for a Bitcoin wallet that supports various cryptocurrencies, Ledger Nano S should be one of your options. This device is also suitable for people who want a compact size wallet.

2. Trezor Model T

Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]If you are looking for an easy way to store your crypto assets offline, then Trezor Model T should be your go-to crypto hardware wallet. This hardware wallet weighs 2.11 ounces and has a size of 2.52 x 1.54 x 0.39 inches. It features cryptographical security that stores your digital assets like private keys, passwords, and cryptocurrencies. It also protects your account against malware attacks, hackers, bots, and thieves. With this device, you can generate, manage, and protect your password using password managers.

Its touch screen display is designed to help you conveniently interact and verify your various transactions. Unlike other hardware wallets, setting up your account can be done easily and quickly in three steps. Firstly, you have to connect to your phone or computer. Then, open trezor.io/start on your browser and follow the site's instructions. When setting up, you can decide to skip the recovery seed process if you are in a hurry. Trezor Model T offers a unique feature that allows you to set your recovery seed whenever ready.

It works effectively on macOS, Windows, and Linux. Just like how your bank token changes your pin, Trezor mixes its keypad from time to time to protect your account and ensure that no one gets your private key even if they try to follow your keystrokes.

Its pros are:

  • It has a clear and intuitive touchscreen
  • It uses two-step authentication for increased protection
  • It has a user-friendly interface

However, the cons are, It doesn't have enough memory; It is not compatible with all operating systems. Trevor Model T allows you to access your keys offline and online. If this function is a must-have for you, then consider this Bitcoin wallet for you.

1. Bitcoin Wallet is the Ledger Nano X

Best Bitcoin Wallet to keep your Cryptocurrencies safe [2020 Buyer's Guide]Ledger Nano X is the latest Ledger hardware wallet, and it has an advantage over other hardware wallets in terms of coin capacity and Bluetooth connectivity. This device allows you to simultaneously manage up to 100 coin apps on your device and 22 coins using one app. Unlike the Nano S, which connects only to Androids and desktop, the Ledger Nano X can also connect to iOS devices. Its security features include a CC EAL5+ certification that ensures your private keys and transactions stay protected at all times. It also has secured end-to-end encryption of the Bluetooth connectivity that protects your connection from third parties. Do note that Bluetooth connection is only necessary for transaction verifications. Ledger's BOLOS operating system protects your most critical information displayed on the screen. This portable wallet offers you a smooth user experience. It is also portable and durable, making it easy to carry around. It has a wider screen that displays the entire crypto wallet address. Without any doubt, Nano X is a credible crypto wallet.

Its pros are:

  • It has an in-built battery
  • It supports multiple languages
  • Adding coins to the wallet is fast and intuitive

However,  Transferring data through its Bluetooth might pose a security risk. Ledger Nano X is ideal for beginners and advanced users who want a standard functioning device with swift coin transactions. It is easy to use and convenient to take anywhere with you. 

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