In comparison to online wallets, hardware wallets are the more secure form of Bitcoin wallets. These wallets use 2FA (2 Factor Authentication) to make sure your Bitcoin assets are secure. The 2FA requires the identity and PIN code of your wallet.
If you really want to ensure the security of your wallet, get a hardware wallet ASAP.
In this article, you will learn about what are the best performing hardware wallets in 2017, thus making the choice easier for you. So, let’s get started with knowing what are the best hardware wallets in 2017.
Best Bitcoin Hardware Wallets In 2017:
Ledger Nano S:
The main reason why I have put Ledger Nano S on top is that:
- It has a catchy UI
- Sleek design
- Support of different cryptocurrencies (Ethereum, Stratis, Zcash, Dogecoin, Litecoin)
- A reasonable price tag.
Currently, the ledger sells for $63, making it one of the most affordable hardware wallets out there.
One of the oldest and most reputable hardware Bitcoin wallets address. Similar to Nano S, Trezor has a catchy UI and a nice design. The altcoins it supports, apart from Bitcoin, include Dash, Zcash, and Ethereum. However, in order to use Ethereum, you will need to use an external wallet called ‘MyEtherWallet’.
Compared to Nano S, Trezor is a bit on the expensive side – $99 per wallet to be precise.
One of the main reasons that give Trezor edge over its competitors is the fact that it belongs to ‘Merk Slush Platinus’ who is also responsible for creating the first ever mining pool.
The last one on our list. KeepKey is pretty much similar to Nano S and Trezor in terms of UI, usage, and support for altcoins. The wallet supports a number of altcoins such as Testnet, Dash, Ethereum, Namecoin, Dogecoin, Litecoin, and Bitcoin. However, there are few reasons that make it less attractive as compared to the other two. The reasons are:
- Almost twice the size of Nano S/Trezor – making it less convenient to carry around in your pocket.
- Not enough reputation in the community.
- Poor support department, etc.
The wallet currently sells at $99.
The Final Word:
When you look at the prices of both online and hardware Bitcoin wallets, the latter is on the expensive side. And this might force you to think that why spend extra money on something that you can get for free or lesser amount? Remember, the amount of security you get with a hardware wallet is much more valuable than a few dollars that you will save with online wallets. So, lay out some money and take the safer route.