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9 Best Cold Storage Wallets 2025 (Expert Recommended)
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9 Best Cold Storage Wallets 2025 (Expert Recommended)

9 Best Cold Storage Wallets 2025 (Expert Recommended)
9 Best Cold Storage Wallets 2025 (Expert Recommended)
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Key Takeaways 

  • The best cold storage wallet depends on what you value: security, design, price, and/or ease of use. 
  • Tangem is the best option overall, Ledger Nano X is the best option for beginners, NGrave Zero is best for security. 

In this guide, we’ll walk through some of the best cold storage wallets that can help you keep your cryptocurrency secure for the long-term. Our panel of experts reviewed dozens of options on the market, and created this list based on user experience, security features, design, price, and ease of use.

Wallet Name Best For Price
Tangem Overall $54.90
Ledger Nano X Beginners $149
Ledger Stax Design & UX $399
Trezor Safe 3 Affordability $79
COLDCARD Bitcoin Security $177.94
Cypherock X1 Multisig Security $199
NGRAVE Zero Security & Recovery $398
BC Vault ONE Cryptocurrency Selection $182.50
D'CENT Biometric Security $139
Best Overall
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Tangem
Tangem
Tangem is ideal for those who want top-tier cold storage but hate dealing with seed phrases. Its air-gapped design, simple backup system, and multi-chain support make it a reliable and user-friendly solution for securing digital assets.

If you want peace of mind, affordability, and convenience, Tangem is one of the best cold storage wallets on the market today.

Price: 2-card set starts at $54.90, 3-card set: $69.90
Pros & Cons
Best for Beginners
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Ledger Nano X
Ledger Nano X
The Ledger Nano X is one of the most popular cold storage wallets on the market. The wallet is known for its ease of use and support for a wide range of cryptocurrencies — offering Bluetooth connectivity and support for more than 5,500 cryptocurrencies!

Price: $149
Pros & Cons
Best for Design & User Experience
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Ledger Stax
Ledger Stax
The Ledger Stax brings a sleek, modern design to cold storage wallets, featuring a large touchscreen and a curved E Ink® edge. It's ideal for users who value aesthetics and ease of use, and are looking to store their crypto and NFTs in one place.

Price: $399
Pros & Cons
Best for Affordability
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Trezor Safe 3
Trezor Safe 3
The Trezor Safe 3 strikes a fantastic balance between security and affordability. Its EAL6+ certified Secure Element chip protects against brute-force attacks, while its open-source code makes it a fantastic option for users who value transparency.

Price: $79
Pros & Cons
Best for Bitcoin Security
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COLDCARD
COLDCARD
COLDCARD is a Bitcoin-only wallet known for its air-gapped feature—meaning that it’s never connected to the Internet and immune to online hacking attempts. COLDCARD is a great choice for Bitcoin investors looking for maximum security.

Price: $177.94
Pros & Cons
Best for Multisig Security
Learn More
Cypherock X1
Cypherock X1
The Cypherock X1 is designed with decentralized key storage to enhance security — allowing you to split the private key into multiple components. This approach ensures no single device holds all the data, minimizing the risk of a hack!

Price: $199
Pros & Cons
Best for Security & Recovery
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NGRAVE Zero
NGRAVE Zero
The NGRAVE Zero wallet is designed for users who want air-gapped, 100% offline security. It features biometric authentication and can come with durable, fireproof graphene plates that can be used to store your recovery phrase safely.

Price: $398
Pros & Cons
Best for cryptocurrency selection
Learn More
BC Vault
BC Vault One
BC Vault is a great option for those looking for a wide selection of assets, supporting millions of cryptocurrencies. While it lacks Bluetooth and Wi-Fi capability, it offers encrypted backups for security!

Price: $182.50
Pros & Cons
Best for Biometric Security
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D'CENT Wallet
D'CENT
D'CENT features a biometric fingerprint sensor for an added layer of security. It supports over 3,600 cryptocurrencies and is compact, easy to set up, and offers customer support!

Price: $139
Pros & Cons

Why do I need a cold storage wallet? 

Cold storage wallets are considered the best option for long-term security — especially compared to ‘hot wallets’ (software wallets connected to the Internet). Let’s walk through some of the advantages of cold storage wallets: 

  • Strong storage: Because cold storage wallets store your cryptocurrency offline, they’re considered the best choice to prevent hacks. 
  • Hardware-based security measures: Many cold storage wallets use Secure Element chips to protect against tampering and brute-force attacks.
  • Support for multiple cryptocurrencies: Most cold wallets support a wide range of digital assets, allowing you to securely store all the cryptocurrencies you own. 
  • Backup and recovery options: Seed phrases (usually 24 words) are provided as backups, allowing users to recover their wallets in case of an emergency. 
  • Integration with software interfaces for transactions: Many cold storage wallets can interact with hot wallets to allow you to easily make transactions. 

Cold wallets vs. Hot wallets 

Cold wallets offer different benefits than ‘hot wallets’ (software wallets like Coinbase Wallet and MetaMask that are constantly connected to the Internet). Let’s walk through them: 

Feature Cold Storage Wallets Hot Wallets
Internet Connectivity Offline (can integrate with hot wallets) Always online
Security Higher Lower
Convenience Less convenient for frequent transactions More convenient for daily use
Cost Hardware purchase required Typically free
Best For Long-term storage, large amounts of crypto Daily transactions, smaller amounts of crypto

Cold wallet security features

Want to choose a wallet with the best security features? Here’s what you should look out for. 

  • Secure Element chips: These chips securely store private keys and handle cryptographic operations, offering a higher level of protection against attacks.
  • PIN protection and optional passphrases: Many cold wallets come with PINs and additional passphrase options for increased security. 
  • Air-gapped functionality: Some wallets (e.g., COLDCARD) are air-gapped, meaning they are never connected to the internet — essentially making your crypto immune to online attacks. However, air-gapped wallets may be more difficult to use for transactions.
  • Open-source software: Software transparency allows the community to audit, review, and fix potential vulnerabilities.
  • Physical tamper-evident design: Many cold storage wallets are designed with tamper-evident features, so unauthorized individuals cannot access your holdings. 

How to set up and use a cold wallet 

Let’s walk through 5 steps to help you get started using your cold storage wallet. 

  1. Purchase a reputable cold storage device: Buy directly from an authorized retailer to avoid counterfeit devices.
  2. Follow the setup instructions: When you set up your wallet, carefully follow the manufacturer’s instructions. This may include verifying your device, updating to the latest firmware, and confirming your PIN. Being cautious during setup ensures your wallet is configured correctly and reduces the risk of mistakes that could compromise your crypto.
  3. Generate and securely store the recovery phrase: Write down your recovery phrase (usually 24 words) and store it in a safe place. Remember, this phrase can help you recover access to your wallet in the event of an emergency. 
  4. Transfer cryptocurrencies to the cold wallet: Use the wallet address to transfer your assets to your cold wallet. 
  5. Verify transactions on the device: To protect yourself against hacks, carefully review and verify transactions you make on your wallet.

What are the disadvantages of cold storage wallets? 

  • Higher initial cost: While software wallets are free to use, you need to pay for a cold wallet. 
  • Less convenient for frequent trading: Cold wallets are best for long-term storage, so they may not be as convenient for frequent transactions.
  • Risk of physical damage, loss, or theft: If your device is damaged, lost, or stolen, you could lose access to your assets unless you have a backup of your recovery phrase.
  • Potential for user error: Incorrect setup or failure to securely store the recovery phrase could mean losing access to your assets. 
  • Firmware updates may require additional steps: Unlike software wallets that automatically update, cold wallets sometimes require manual action for firmware updates.
  • Limited functionality: Cold storage wallets generally don’t support features like direct crypto purchases or built-in exchanges.

Should I use a paper wallet? 

In the early days of crypto, paper wallets were one of the most popular ways to store crypto offline. These days, investors have turned mostly towards modern hardware wallets. 

A paper wallet is simply a physical printout (or handwritten note) of your public and private keys. In theory, it’s completely offline and immune to online attacks. However, paper wallets can be difficult to use and easy to lose. 

Fragile: If your paper gets damaged or smudged, your crypto could be gone forever.

No built-in security features: Unlike hardware wallets, paper wallets don’t have PINs, biometric security, or recovery mechanisms.

How long do cold wallets last? 

The lifespan of a cold wallet depends on various factors, including the build quality of the hardware and how well it’s maintained. On average, a well-maintained cold wallet can last between 5 to 10 years. 

Technological advancements in cryptocurrency and security standards may make older wallets obsolete, so it’s a good idea to regularly check for updates and consider upgrading devices every few years. 

Remember, it’s important to backup your cold wallet to make sure that you can recover your assets in any scenario. 

Conclusion

The best cold storage wallet depends on your specific needs, whether it’s versatility, security, or design. Before you make a purchase, be sure to understand exactly what you’re looking for.

Frequently asked questions

  • What are the disadvantages of a cold wallet?
    MinuPlus
  • Do I really need a cold storage wallet?
    MinuPlus
  • Can you lose crypto in a cold wallet?
    MinuPlus
  • Do cold wallets need private keys?
    MinuPlus
  • How long do cold wallets last?
    MinuPlus
...
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Dhiraj Nallapaneni
Written by:
Dhiraj Nallapaneni
Crypto Tax Writer

Dhiraj Nallapaneni is a Crypto Tax Writer at CoinLedger. As an Economics degree holder from the University of California Santa Barbara, he’s well versed in topics like cryptocurrency markets and taxation.

About the Author
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