Price Compare: How much does a hardware crypto wallet cost?

Every hardware cryptocurrency wallets have its own unique features and its own price.

This article will list down all the different hardware crypto wallets out there and sort them by their price. Note that price does not equate to being the best hardware wallet, and you always have to take note of their unique features to suit your own needs.

Why do you need a hardware crypto wallet?

Keeping your crypto funds in a hardware wallet is by far the most secure way of cryptocurrency storage.

The main advantages of using one are as follows;

  1. It is a “cold” wallet with no internet access. This greatly reduces hacking risks.
  2. Very suitable for long-term holding.
  3. Hardware wallets often come with a sturdy design resistant to light surface damage.
  4. Often comes with extra protection, e.g. PIN code or secret accounts for plausible deniability.
  5. Hardware wallets are non-custodians, enabling users to have complete control over their crypto funds.

How much does a cryptocurrency hardware wallet cost?

There are several hardware cryptocurrency wallets in the market today, and in this article, we will list eleven (11) hardware crypto wallets and compare their prices and release dates.

The table below shows the prices of all the hardware cryptocurrency wallets in descending order (i.e. highest price to the lowest price)

S/noHardware Wallet
(Make & Model)
PriceRelease Date
1NGrave ZeroEUR 3982019
2Trezor Model TUSD 2552018
3Ledger Nano XUSD 1492019
4CoolWallet ProUSD 1492021
5Ellipal TitanUSD 1392019
6KeepKeyUSD 982015
7Ledger Nano S PlusUSD 792022
8Ellipal Titan MiniUSD 792018
9Trezor Model OneUSD 722014
10ProKey OptimumUSD 692021
11SafePal S1USD 492019
Prices are accurate as of the date of the article (shown above on top of page)

From the table above, we can conclude which hardware wallets are the most expensive and which are the cheapest.


Which hardware cryptocurrency wallet is the most expensive?

The top 3 most expensive hardware crypto wallets are NGrave Zero (EUR 398), Trezor Model T (USD 255) and the Ledger Nano X (USD 149).

Which hardware cryptocurrency wallet is the cheapest (least expensive)?

The top 3 cheapest and least expensive hardware crypto wallets are SafePal S1 (USD 49), followed by ProKey Optimum (USD 69) and the Trezor Model One (USD 72).

Complete List of Hardware Cryptocurrency Wallets

Here are all the hardware crypto wallets you can consider getting;


NGrave ZERO

“Coldest” hardware wallet

ngrave-zero-hardware-crypto-wallet

Released in 2019 and having a 4″ touchscreen display touchscreen, the NGrave ZERO is a fully “air-gapped” hardware crypto wallet that does not rely on USB or any network connection capability such as WiFi, Bluetooth, NFC, or 4G. Instead, communications with the wallet take place via transparent QR codes.

As an extra layer of security, the hardware wallet has a biometric sensor for authentication and transaction signing. In addition, ZERO uses its own custom OS to minimize any associated vulnerabilities on the existing mobile OS. The company strives for the highest security certification, and ZERO is the only financial product to integrate an EAL7-certified OS.

The wallet supports the creation of up to 100 accounts, storing Bitcoin, Ethereum, Solana, BNB, XLM, XRP, DOGE, and USDT, and over 1500+ ERC20 tokens.


Trezor Model T and Model One

Best hardware wallet for Beginners

trezor-model-t-and-trezor-one-hardware-crypto-wallets

Founded in 2013, Trezor is an advanced touchscreen device that allows users to store their cryptocurrencies securely in an offline manner (aka cold storage).

The Trezor Model T hardware wallet allows up to 50 digits of PIN code and has complete network isolation. This means no WiFi, Bluetooth, or NFC and requires users to manually install the latest firmware on the device. This is ideal for those who seek total privacy and anonymity.

The wallet supports over 1800+ coins and tokens. Trezor wallets also support using a passphrase, a feature that allows users to create hidden wallets and protect against attacks involving physical access to the device or the recovery seed.


Ledger Nano X and Nano S Plus

Best Overall Hardware Wallet

Ledger-nano-x-s-hardware-crypto-wallets

Founded in 2014, Ledger is a well-known hardware crypto wallet manufacturer, notably with their two (2) products, the Ledger Nano X and the Ledger Nano S Plus. The “Plus” model was released as an upgrade to the first Ledger Nano S. The Nano X is the latest model by the company and was released in May 2019.

Like the Trezor Model T wallet, Ledger wallets support over 1800+ coins and tokens. One key advantage of using the wallet is its mobile compatibility. It supports Bluetooth connectivity to both iOS and Android devices.

Security-wise, the hardware wallet has a certified secure chip (CC EAL5+) and is independently certified by ANSSI. Price-wise, The Ledger Nano X costs slightly lower than the Trezor Model T.


CoolWallet Pro

Bluetooth-enabled hardware wallet

coolwallet-pro-hardware-crypto-wallet

CoolWallet Pro is a credit-card-sized (0.8mm thick, weighing only 6 grams) hardware crypto wallet that uses an encrypted Bluetooth connection to sync with iOS and Android devices.

User can track their portfolio securely and send and receive crypto funds from their secure cold storage wallet. One of the wallet features includes a marketplace trading platform that connects to decentralized crypto trading exchanges like Binance to facilitate buying & selling of cryptocurrency, as well as taking part in DeFi activities, e.g. exchanging, staking, airdrops, NFTs and many more.

CoolWallet Pro supports 150+ coins and tokens, including BTC, ETH, BNB, XRP, ADA, all ERC-20 tokens, ERC-721 and ERC-1155 NFTs.


Ellipal titan and Titan Mini

Uses QR codes for connectivity

ellipal-hardware-cryptocurrency-wallets

Measuring 118mm x 66mm x 9.7mm and having a 4-inch LCD screen, the Ellipal Titan hardware wallet is a completely air-gapped cold wallet 100% isolated from the Internet. This means the wallet is fully protected from unauthorized access, cyber hacks, malware and any online threats.

The smaller Titan Mini measures 75mm x 71mm x 10.5mm and has a 2.5-inch LCD screen.

Both wallets variant comes without USB ports and Bluetooth connectivity for security reasons. The only connectivity mode is via QR codes as they travel through light and cannot be hacked. Every Titan wallet has a camera to scan the QR codes for receiving and sending information.

For transactions, the Ellipal hardware wallet works together with the Ellipal app. For example, to send coins, you will use the app to generate a unique QR code for your hardware wallet to scan and approve using its private keys stored inside. The entire transaction process also includes the gesture password and the account password.

The Ellipal Titan and the Titan Mini wallets support 44 blockchains and 10,000+ tokens.


KeepKey

Premier wallet in the ShapeShift platform

keepkey-shapeshift-hardware-crypto-wallet

The KeepKey wallet was released in 2015 and subsequently bought over by ShapeShift, a Switzerland-based cryptocurrency exchange. The hardware wallet supports several coins, including BTC, BCH, ETH, LTC and many ERC-20 tokens.

Users access their wallet via a secure connection to the ShapeShift platform for sending, receiving, exchanging and performing crypto trading. The platform is also compatible with the Ledger and Trezor hardware wallets.

On the hardware wallet itself, there is a hardware button in its design. This is for users to approve transactions for more control, security and visibility manually.


ProKey Optimum

A browser-based hardware crypto wallet

ProKey-Optimum=hardware-crypto-wallet

The Prokey Optimum hardware wallet uses a browser-based interface to connect users securely to their crypto funds. The interface supports over 1000+ coins and tokens, including Bitcoin, Ethereum, BNB, XRP, MATIC, DOGE and many more.

Measuring just 50mm x 41mm x 9.4mm and weighing only 16.7 grams, Prokey is a secure and easy-to-use hardware crypto wallet that protects your crypto funds from online and offline attacks. In addition, when using the wallet, there is no need to install applications and bridges.

If you stay in ASEAN countries, there will be free shipping and no cost for standard shipping. The Malaysian-based company also have a money-back guarantee.


SafePal S1

Lightweight and credit-card-sized hardware wallet

safepal-s1-hardware-cryptocurrency-wallet

SafePal S1 is a hardware wallet with a camera for scanning QR codes and has a 1.3-inch IPS screen for accessing the wallet features. It is a 100% air-gapped wallet with no Bluetooth, WiFi, NFC and USB connection.

The wallet supports over 48 blockchains and a long list of supported coins & tokens such as Bitcoin, Ethereum, Cardano, Solana, VeChain and many more. New coins/tokens support is made possible via firmware upgrade each time.

There is also a Safepal browser extension wallet for users to buy, trade, view, store their digital assets and access DApps across chains from their web browser.


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