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TOP 4 BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS IN 2018 FALL!

Reading Time: 29 minutes

 

Your safety in cryptocurrency begins fully with using the best cryptocurrency hardware wallets against hackers.

What wallets do you think can warmly welcome hackers, and which do you think can reproof them with audacity?

Some wallets have been compromised and some have stood their ground. The question is, would you like to know the ones that have once been compromised?

If yes, then, get a bottle of coca-cola because it will be greasy/sticky here.

If you answered yes, know that you just signed up to read about 7,300+ words – just buckle up.

So, today, I will go ahead to review the top four (4) cryptocurrency wallets you might want to check out. But note, all wallets might not be for you. Why not?

There are cryptocurrency hardware wallets that are specifically for beginners, fewer coins holders, higher beginners and the last category, the advanced crypto enthusiasts.

Again, you will find out the best hardware combinations – the 2×2 Method. From there, you will not just get to choose your preferred wallets, you will see how they work and how to set them up, yes, all of them.

So, be it as it may, let’s start by knowing why you might need a Bitcoin or a dynamic cryptocurrency hardware wallet.

 

CRYPTO WALLETS

A digital currency such as Ultimate Bitcoin has always been praised for its ability to give users a free hand on their funds thereby instilling every necessary step to make sure their funds are safe.

Of course, this has only been enhanced through the use of what is called crypto wallets.

While Bitcoin works based on public/private key pairs, the public key is the public address used for receiving payments.

The private key is used to sign the transaction wherefore coins are sent to a specified address.

Meanwhile, the storage of the private key is stored in a ‘wallet’ and there are various ways to enable it.

Lastly, Bitcoin wallets come in various forms, each having its unique mode of application, weak and strong points and others looking like the best bet for managing funds.

The big deal is that this guide will help you make up a great mind about which to go for.

 

WHY YOU NEED A HARDWARE WALLET(S)

There are so many reasons you need a hardware wallet. To get the full insights, you want to see crypto wallet management part 1.

But for the essence of this review let’s see some definite reasons.

 

Unlimited Generation of Private Keys

Perhaps you never saw an option like this coming. Yea, that is it.

Using a hardware wallet gives you the opportunity to choose diverse/customized private keys the way it will suit you; something you cannot do with a beginner online wallet (review) or a 0% trading exchange wallet.

 

Maximum Security with Add-On Options

When you use a hardware wallet, you are presented with free/pre-installed security options like the universally recognized U2F, GPG, SSH, and lots more to beat all forms of compromise.

Again, with a hardware wallet, you are free to use the design of a security chip; something you can never find using a mobile or an exchange wallet.

 

You Control Your Keys

There is no reason why great crypto billionaires will tell you to keep your crypto funds in a bitcoin bank than for safety reasons. This safety has much to do with you because you are the driver your wallet.

Pls tweet,

keep your crypto funds in a bitcoin bank Click To Tweet

 

So, with a hardware wallet, you control everything as it is just in your hands to wave it on or off.

The truth is, I can go ahead and talk about Plausible Deniability and lots more but I will stop here. For more, read wallet management part 2.

 

3rd MAINLAND LOOK UPs

(1) RECOVERY SEED SETUP

This is important! (1). This is important!! (2). This is important!!! (3).

This is an important element of your wallet. Sounds like a fable, right? What does it mean?

It means that anybody that has the access to your 24 words seed has access to your funds- a free ticket to get all your cryptocurrencies out.

Pls Tweet,

anybody that has the access to your 24 words seed has access to your funds- a free ticket to get all your cryptocurrencies out Click To Tweet

 

The recovery seed here is your private key. Private as we know means it is just for you.

 

Storage of your R.Seed

It is widely recommended that when you want to save your recovery seed you should not photograph them, type them, or even store them digitally.

Now, the question is, where will you keep it?

A 2FA enabled Dropbox? Is it good enough? Just asking… Think about it.

 

(2) SHOPPING YOUR DEVICE

When you want to order your wallet, try never to use a third-party shop unless you trust it. Else, buy from the main company’s shop.

This is what a user had to say about it…

 

 

I heard multiple times that hard wallets should never be purchased from third party sellers because of the possibility that hard wallet integrity could be compromised by malware inserted by intermediaries.

Malware that can steal crypto currency. I stupidly ignored this advice and bought my Nano from Amazon anyway.

My Ledger Nano S arrived today in a shrink wrapped box (as expected). Upon opening the box I discovered stains on the metal indicating that someone had handled it sometime after manufacturing. See the attached photo so you can see what I’m describing.

I feel compelled to write this review because the sole purpose of a hard wallet is to securely store crypto currency.

 

review image

(the damaged/compromised Wallet)

 

 

So, there is no need to wait and call yourself stupid for a bad decision. Just buy from the main company and you are free from vulnerabilities.

 

(3) WALLET DELIVERY

It might not happen, but if t happens…

If your hardware wallet gets to you being tempered, please, so not use it. Don’t think that they wouldn’t change it for you.

Just package it back and send it to the company and they will replace it.

 

TOP 4 BEST & SAFEST HARDWARE WALLETS AGAINST HACKERS

 

THE BEST HARDWARE WALLET FOR BITCOIN BEGINNERS

I have made a detailed review of the beginner’s wallet and why a beginner needs it. You can check it out.

Just to reveal, the beginners’ wallet is Digital Bitbox.

As it stands, I think, there is no need to buy an extra costing hardware wallet if you need just a 4-major coins management wallet.

Why?

With Digital Bitbox, you can manage the top 4 coins and the ERC-20 which I think it is fair enough as far as you believe in the top digital assets only.

 

BITBOX OVERVIEW

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

Product – DIGITAL BITBOX

Country – Zürich, Switzerland

Company – SHIFT Cryptosecurity

Coins managed – 4 major (BTC, ETH, ETC, LTC) + ERC20 coins.

Price – €59 or 69.07

Shop – https://shiftcrypto.ch/shop

 

DIGITAL BITBOX

Digital Bitbox is a Swiss-made wallet which comes with a rugged body part; made from the material used in making bulletproofs.

While unboxing, you will see the hardware wallet. Another gadget is an SD Card from SanDisk Company.

Widely, the wallet is known for its minimalist function as it is not only portable but easy to set up.

 

The Latest: the latest news about Digital Bitbox is that it has been integrated with Segwit; meaning that you can now pay a lesser fee on your transactions.

 

DIGITAL ASSETS MANAGED ON DIGITAL BITBOX

As of the time of writing, with Digital Bitbox, you can send and receive four major cryptos – Bitcoin, Ethereum, Litecoin, and Ethereum Classic, and of course, all the other ERC-20 Coins.

With the above coins managed, the big question is, for whom was Digital Bitbox built for?

In a one-liner answer, it was for beginners and those that want to manage a fewer number of coins.

 

HOW DIGITAL BITBOX WORKS

Digital Bitbox creates and stores your secret keys to enable cryptocurrency transactions such that as most standard hardware wallets, it shields your private keys and prevents them from being exposed over the internet and from compromise.

 

6 DEFINITE REASONS DIGITAL BITBOX IS A SMART WALLET FOR YOU

 

(1) The DIYs Control

The simplicity of Digital Bitbox puts you in control of your digital assets which is not the case with online exchanges.

And with a plug and play attitude, you wouldn’t need the tutorial guide below to set it up.

It is just about Do-it-yourself-steps.

 

(2) User Intuitive

Perhaps you are in the category of crypto enthusiasts that hate wallet complexity like I do, then, we are on the same page.

Why?

Being a minimalist wallet, Digital Bitbox has a great beginner’s interface that won’t give you the headache of moving your coins – up and down.

All you need to do is set it up and you are good to go. More so, the wallet has the adjustment to display coin value in 8 major fiat currencies.

 

DIGITAL BITBOX WALLET REVIEW 2018

 

(3) Security Versatility 

Even as a beginner wallet with fewer complexities, this wallet comes with hidden advanced options but they are bounded. How?

What this wallet does (for the sake of beginners), the advanced features can be hidden so they don’t intrude on the interface; an answered prayer for the smart users that hate roller coaster guides.

But let me warn you. 😎 You want to learn how to use the advanced options in case of a rainy day.

When will it rain?

You might be confronted by the security agents of your country. In the confrontation, a search might be conducted. Peradventure you are asked you open the wallet, don’t be moved.

All you need to do is let the Plausible Deniability option work for you (below).

 

(4) Secure Privacy Options

Digital Bitbox is a wallet packed with security and privacy.

When you get it started, the private keys to unlock access to your coins and transaction history aren’t exposed to anyone via the internet or external devices, why? Because they never leave the BitBox.

On top of that, the wallet comes with a universally recognized FIDO U2F two factor authentication which means you won’t have to think about the headache of setting up 2fA on over 500 cryptocurrency exchanges.

 

(5) The Digital Bitbox Security

Digital Bitbox comes with a unique Dual Chip compacted system which offers optimal protection, with secrets kept isolated on a high-security memory chip.

Also, functioning with a native software app, Digital Bitbox shields you from attacks that other browser-based wallets might risk.

 

(6) Unhackable Vs Plausible Deniability

Perhaps you have heard of P.D and never knew what it meant. Now, a Plausible Deniability is a security design option that stands-in to secure your digital assets by using the hidden wallets option.

This security design is important at gunpoint or if forced to open your Digital Bitbox wallet.

Again, being unhackable… for the fact that this wallet might be unhackable does not mean we expose it to a compromise-able environment.

Here we go.

Now, if an unauthorized person steals your Bitbox wallet, it means that the person will also need to steal your password in order to steal your coins.

And by all means, if two-factor authentication was enabled, the hacker will also need your second factor device (such as a mobile phone).

And even noticeably, after 15 unsuccessful attempts to guess the password, the Bitbox security design will erase all secrets and reset; an add-on solution to brute force attacks.

 

WHY DIGITAL BITBOX MIGHT NOT BE FOR YOU

(1) Fewer Native Coins Management

As of the time of writing, the wallet does not manage many native coins. Meaning, for you to send and receive Ethereum – and its family line (ERC-20), you will need to use a third-party application on your mobile or desktop.

But as for native coins like Bitcoin and Litecoin, you can send and receive them 24/7 of the day.

 

(2) No Display

Yea, another thing you want to look at for is the issue of a display screen. As an SD card wallet, D.B does not come with a screen to display your assets.  So, it is all about your mobile phone or computer.

 

GETTING STARTED WITH DIGITAL BITBOX – Set up

To get started, you have many options to go about it. You can see the video below or get the 4-guiding steps.

How to…

Step 1. Download the app

Download, install and run the latest desktop app for your operating system. It works on Windows, Linus, Apple and Source Code.

 

Step 2. Plug in your BitBox, with a Micro SD card inserted.

After plugging in your wallet, you need to enter a wallet name and device password using the desktop app.

The BitBox will create your first wallet and generate a backup on the micro SD card (SDHC cards are supported). Send coins to the wallet using addresses listed in the ‘Receive’ tab of the desktop app.

 

Step 3. Don’t forget your password.

Remember the device password, and keep a copy of it somewhere safe.

Note: Without it, you cannot access your wallet and cannot access the backup saved on the micro SD card.

 

Step 4: Remove the Micro SD card and store it somewhere safe.

Why do you need to remove the Micro SD card and store it somewhere safe? Because the backup and device password can be used to recover your wallet.

 

Video Guide

 

 

 

USERS VERDICTS

I first bought a Ledger Nano S but after two weeks of not being able to get it to work properly and with no support from the company I returned it to Amazon (lost 15% restocking) and ordered the Digital Bitbox after reviewing all available information about it.

 I am very happy so far with it and have had no problems what so ever. The company has responded to my questions in a very timely manner, so I would definitely recommend it.

I store both my BTC and several ERC20 tokens on it using the MyEtheriumWallet interface.

 

Mikey M.

 

 

 

I really like this product. Very interesting design decisions. I love the small form-factor.

The added security of the additional phone app that can verify addresses and serve as a second factor authentication for transaction signing.

The easy backup on a Micro SD card. By the way, the backup is a PDF file that you can print and keep your backup on paper. (Make sure to print it on a “clean” computer.)

As I understand it, it uses a secure chip – a big plus for this type of product. If it gets stolen or lost and found by someone else, there is probably no way to hack it physically. (Unlike Trezor for example).

I have not contacted the customer support. I would assume, just like any start up, they might not have enough resources and processes for that yet.

But setting up the wallet was pretty straightforward.

 

Igor Ovchinnikov

 

 

PRICE

The Digital Bitbox wallet goes only for €59 or $69.07 on the company’s website.

 

Digital Bitbox Shop – https://shiftcrypto.ch/shop

 

CONCLUSION

Serving as a great gift-item, the Digital Bitbox was made for the stash holders that want to manage Bitcoin, Litecoin, and the Ethereum family assets.

Even though the cons are not to be compared to the safety benefits this wallet brings on, if you are okay with all it has to offer, then use something like Digital Bitbox.

 

MORE READS

 ➡ Top 70 Best Cryptocurrency Tools (Android & Ios) For Regular & Die Hard Traders.

7 Security Concerns With Bitcoin And Other Cryptocurrencies You Have Overlooked Which Are Eating You Up.

 

 

LEDGER NANO S

How do I start talking about a wallet that is already popular? Okay, the right way is talking about the flaws we tend to ignore at times.

People say that Ledger wallet can manage all the listed coins at a time. I think it is not that correct. With the ledger wallet, you can’t have more than 4 crypto apps installed at a time.

Meaning, for you to use other apps (for other coins management), you will have to uninstall the ones already installed for the new ones.

 

LEDGER OVERVIEW

 

 

Connect-Ledger-to-laptop-trezor- laptop-TREZOR VS LEDGER NANO S BITCOIN WALLETS

 

Product – Ledger Nano S

Country – Paris, France

Company – Ledger

Coins managed – 40+ listed plus 500+ assets using third party applications.

Price – €79 or $92.55

Shop – https://www.ledger.com/products/ledger-nano-s

 

Ledger Nano S is a product of a European-based start-up company called Ledger.

Founded in 2014 by a serial entrepreneur from France, as of the time of writing, the product has been sold more than 1,326,000 times in over 165 countries and counting…

A ledger Nano S wallet is a Bitcoin, Ethereum, and other 500+ digital assets hardware wallet based on a robust safety features for storing cryptographic assets and securing digital payments.

The Ledger wallet encrypts your private keys and is never exposed. It has a pin code/lock-enabled option with a beautiful design.

 

The Latest: the news about Ledger Nano S is that it now manages Monero asset; something that other wallets cannot do for now.

 

UNBOXING

While unboxing Ledger wallet, you will find the Ledger Nano S hardware wallet itself, an instruction manual, a recovery phrase booklet, key-ring, a USB cable, and a lash.

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

DIGITAL ASSETS MANAGED ON LEDGER NANOS S

As of the time of writing, with Ledger Nano S manages 40 listed cryptocurrencies – Bitcoin, Ethereum, Litecoin, Ethereum Classic, and lots more – (Monero not listed yet).

Of those coins managed, 20 are natively managed.

However, with third party applications, you can manage more than 500 cryptocurrencies.

The other third-party applications of Ledger include MyEtherWallet, Nimiq, Nanovault, Tronscan and lots more.

The full listed coins.

 

 

CRYPTOCURRENCIES

 

A

Ark (ARK)

 

 

B

Bitcoin (BTC)

Bitcoin Cash (BCH)

Bitcoin Gold (BTG)

Bitcoin Private (BTCP)

 

D

Dash (DASH)

Digibyte (DGB)

 

E

Ethereum (ETH)

Ethereum Classic (ETC)

Expanse (EXP)

 

H

Hcash (HSR)

 

I

ICON (ICX)

 

 

K

Kowala (kUSD)

Komodo (KMD)

 

 

L

Litecoin (LTC)

 

M

Monero

 

N

Neo (NEO)

Nano

Nimiq

 

O

Ontology (ONT)

 

P

Particl (PART)

PivX (PIVX)

PosW (POSW)

Peercoin (PPC)

Proof of Authority (POA)

 

Q

Qtum (QTUM)

 

R

Rootstock (RSK)

Ripple (XRP)

 

S

Stellar (XLM)

Stratis (STRAT)

Stealth (XST)

 

T

Tron (TRX)

 

U

Ubiq (UBQ)

 

V

VeChain (VET/VTHO)

Viacoin (VIA)

Vertcoin (VTC)

 

Z

Zcash (ZEC)

ZenCash (ZEN)

Zcoin (XZC)

Wanchain (WAN)

Woleet

More cryptocurrencies (500+) with the use of third-party applications.

 

LEDGER WALLET UPDATE (Sept 5, 2018)

As at September 5, 2018, Ledger added more cryptocurrencies compatibilities to the wallet.

The crypto coins added stood at 8. And they include Waves (WAVES), Hycon (HYC), Rise (RISE), Pirl (PIRL), Fic Network (FIC), and Akroma (AKA) and EOS.

More so, some of the listed coin as at August 2018 were Particl (PART), Ontology (ONT), VeChain (VET), ICON (ICX), POA Network (POA), Wanchain (WAN), Kowala (kUSD), and RSK.

HOW LEDGER NANO S WORKS

The double knobs or toggle buttons on ledger Nano S wallet controls the entering of your private keys and the scrolling function of your wallet menu.

When once you plug in the device, it will automatically generate a random private key for you.

As a matter of fact, the ledger wallet has a microchip which enables internal generation of the key and does not in any way require internet access to create.

Since a confirmation button press is required by the user to proceed to the signature of the transaction, a user can also customize her wallet to reflect the local fiat currency, the denomination of the coins (BTC, mBTC, etc.), and language.

 

6 DEFINITE REASONS LEDGER WALLET IS FOR YOU

(1) Simple And Portable

Even though D.B is the most minimalist wallet for me, yet, I can also say that Ledger S wallet is a simple wallet if you want to always carry it around.

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS The design is unique enough to attract the attention of hackers though. Put it in your pocket if so.

Made up of a brushed stainless steel and Plastic which measures 98mm x 18mm x 9mm in size with a relative weight of 16.2g, Nano S can easily fit into your pocket and there you go.

 

(2) Transaction With Ledger Nano S

The transaction process with Ledger is straightforward and easy.

The wallet allows you to send and receive the payments by signing transactions privately and then spitting out the written confirmation.

This is what I mean.

The wallet’s interface allows you to receive and send coins while also allowing you to view the transactions on the blockchain via a link.

Apart from that. Remember that it uses the USB option,

Okay,

The Ledger Nano S connects to any computer through USB and embeds a built-in OLED display to double-check and confirm each transaction with a single tap on its side buttons.

All transactions are confirmed directly on the device’s screen. It will show the amount, the destination address and the fee.

 

(3) Support For A Larger Amount Of Coin Assets

One of the things that makes a lot of people forgo other wallets for Ledger Nano S is the capacity to manage a large number of cryptocurrency assets.

As we have observed above, the wallet can manage up to 41 coins. And with other third party applications, it can manage up to 500+ assets.

However, the uniqueness is not in using the third party apps but the number it can manage natively.

 

(4) Security Options It Offers

All crypto wallets were built for security, right? Great.

Here, your private keys on ledger Nano S are secure inside a strongly isolated environment (secure encrypted chip) built-in 4 digits PIN security code and are never exposed to the host computer.

In one line, your PIN entering is done on the device.

 

(5) Offline Setup

It turns out that you can set up your Ledger Nano S offline and start using it. All you have to do is plug it in, initialize it, and there you go,

In fact, let me tell you that Ledger Nano S doesn’t need an internet connection before you can create your seed. Ya, that is probably why a lot of people are crazy about it.

Note: the only way you might not be able to set if offline is if the device needs power energy to boot. Don’t worry, you can plug it in with a power bank and there you have it.

And just to add, know that your passphrase can also be configured on the device – your advantage without making sense of exposure.

 

(6) Integration Vs Being Open Source

The ledger wallet is open source. Meaning, you can inspect its elements on a website like GitHub; that is if you want.

Again, the wallet has rooms for more integrations (not only with recognizable third party applications like Copay, MyEtherWallet and so on).

With it, you can also use a universally recognized two factor authentication options of U2F, GPG, SSH, FIDO® and more.

 

WHAT I DON’T LIKE ABOUT LEDGER NANO S

(1) The Third Party Setup

For beginners – unless you follow the guide and tutorial given, setting up ledger wallet S is a little bit advanced.

However, if you are going about it offline it is very great and easy.

In fact, when setting up recovery seed, there might not be any need for a how-to-guide.

So, if you want to take this wallet down, take it by the horn – by following set up steps below.

 

(2) No Plausible Deniability

We are not in any way expecting a bad day of confrontation whereby we might need to use Plausible Deniability. But if it so happens, just know that Ledger Nano S does not come with this security option.

The way forward here is to get used to the wallet such that you can carefully use the alternative option to Plausible Deniability.

Since Ledger Nano S can be locked in an isolated way such that your data can’t be exposed for intrusion or compromise, it, therefore, calls for you to play around with your wallet – for more user versatility.

 

(3) Customer Support

One of those things that makes a company stand out is customer support.

Having not tried it myself, however, based on some alterations of redditors (3 months ago), they fumed at how the Ledger Customer desk wasn’t too responsive and respectful.

While I can’t say it never happened, the solution is contacting them via their social media accounts (twitter) as a last resort if you need an emergent attention.

Side Talk…

Will it be bad if you contact the CEO of the company? I am just asking.

If bad, you might want to forget it, but if not, then contact him when you have difficulties. This is his twitter handle – Eric Larchevêque.

 

GETTING STARTED WITH LEDGER NANO S – Set up

The welcome message …

On the start page, you will be welcomed with a warning saying never to use a Ledger device that has already initialized.

More so, they emphasize that you must choose your PIN code and write down the 24-word seed yourself.

Note: write down your 24-word seed yourself and keep it in a safer place than your cupboard.

Navigating the wallet menu – use the left and right buttons to navigate through different menus.

 

The Setup…

Step 1 – Boot and Select the model 

The first thing to do is boot (switch on) the device. After that, an option to select the model will be shown – (select Ledger Nano S).

 

Step 2. Configure the device 

Click on the Configure my device.

On the same page, you will see an image explaining the essential elements of the wallet. Below it, you will find a step by step instructions on how to set up the hardware wallet.

Let’s go on….

 

Step 3. Set up Your PIN + Press Both Buttons

You have to use the navigation buttons to choose your preferred number from 1-9.

When you see the number, press both buttons to confirm it and move on to the next.

There are eight slots, but the minimum required PIN length is 4. You can change the PIN later on – it’s not indefinite.

To make sure your PIN entry is correct, the device will ask you to register your PIN twice.

 

Press Both Buttons

After you might have followed step 2, you will need to use the wallet device and create your wallet Pin Code (there are eight slots which you can use but the minimum required PIN length is 4

If you need just 4 pins the blue lighted screen and the double knobs are all you need to enter them).

You will see a welcome message asking you to press both buttons.

Now, enter YOUR FOUR (4) pins. For confirmation, press both buttons all at once for two (2) times.

When you do that twice, the four digits will be confirmed.

 

Side talk…

Needless to go to the next step.

Now, find a piece of paper. Write down your four pins or use a crypto vault like Dropbox (2fa enabled or a security folder in your email – Gmail or Proton, and save it; if safe by you.

With the above set up, your Ledger Nano S will be ready for use.

 

Visual Set up

 

 
 

RECOVERY SEED SETUP

We have already stated that anybody that has your R.S has a free pass to take ownership of your coins. So, how can you set it up?

#1. The Ledger wallet will show you 24 randomly generated words on the screen.

#2. Take the recovery seed booklet which came with the Ledger wallet and fill in the words in the exact order you see them on the screen.

#3. Write down the words.

#4. Keep it where you think is safe.

Once you’ve finished writing those seeds down,

#5. Using the right navigational button to go to the next one, once you reach the 24th word, press both buttons for two (2) times.

That is, at first press, you will see Confirm your recovery phrase, press them again to get it confirmed.

 

USERS VERDICTS

The wallet itself is great, easy to setup and use.

The only problem I have with it is you’re only limited to using 4 cryptocurrency wallets at a time if you want to set up a fifth wallet you’ll have to remove one of the other 4.

For example, say you have BTC, BCH, ETH, and ZEC and you wish to setup a fifth wallet for LTC, you can’t! You have to remove one of the other wallets first.

That was not listed on either Ledger or Amazon websites.

 

Works as described and I also double checked to make sure this device was not tampered with by opening it up and checking to see if the MCU chip contained “042K6” according to ledger’s website.

Check out the high-res photos of the PCB board. So the setup process was pretty straightforward but takes a while.

The Chrome app works perfectly and shows all the wallets that are pre-installed and the firmware came updated.

I also installed a few other wallets as well and it works great. I feel a lot safer now keeping my coins in a hardware wallet rather than some exchange or wallet on my laptop.

 

Kuriouskoala

 

PRICE

The Ledger Nano S wallet goes only for €79 or $98

 

Ledger Shop – https://www.ledger.com/products/ledger-nano-s

 

CONCLUSION

From the onset, the Ledger S wallet was built for all users and most importantly the multiple coin holders.

As it stands, the Ledger wallet can hold up to 40 listed coins and over 500+ using third party applications.

With more reasons to use it and lesser cons such as not having plausible deniability, advanced set up process and fair customer support, I think if you are in for ultimate security and holding more cryptocurrencies, then use a wallet like Ledger Nano S.

 


 

MORE READS

Guide on How to Know & Set Up 2fa On Binance, Localbitcoins & 500 Top Crypto Exchanges – 5 minutes.

How to Buy & Track Ledger Nano S & Trezor Crypto Hardware Wallets From Home.

 

LEDGER WALLET FAQs

Question:

What happens if your pin code zooms off?

 

Answer:

If you forget your pin code, just enter any 4 digit wrong pins three times to factory reset it.

From there, you will be given an option to create a new pin code.

 

Question:

Can Ledger Nano S enable more than one account name?

 

Answer:

Yes, you can have two or more names designating other account owners – like you and your organization.

 

Question:

Can I transfer Bitcoin to my hardware from a crypto trading platform like IqOption?

 

Answer:

Yes, you can.

 

Question:

Can I use my Ledger Nano S straight on an exchange for trading?

 

Answer:

Definitely yes.

As a matter of fact, Ledger Nano S is the only wallet that allows you to trade directly on an exchange and also keep your funds safe.

 

Other Ledger Products

Ledger Blue

Ledger OTG Kit

Ledger Live

 

 

TREZOR T WALLET

Trezor T has made up buzzes as Blockchain Wisdom was for nerds. And by all means, for a wallet to make waves it means there is something special about it.

And one of those things that seem undying attractive is the power to work on the device using the screen – it’s a touchscreen.

But is that all that is to it? Let’s see.

 

TREZOR T WALLET OVERVIEW

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

Product – Trezor T

Country – Prague, Czech Republic.

Company – Satoshilabs

Coins Managed – 6 native coins wad over 500+ using third-party applications.

Price – 147 EUR or $174.16

Shop – https://shop.trezor.io/

 

The Trezor T wallet is a compacted and rebranded skeleton of the original Trezor 1 which has a smaller screen function and lesser advanced options.

Just as the purpose of every hardware wallet, the Trezor T allows you to store, generate, import/export your private key internally on a device and use it to sign transactions and broadcast them.

One of those reasons people prefer the Trezor T over the model 1 is that it has options not just to protect users from phishing attacks but it goes all out by showing your sending/receiving address on the screen which needs to be verified by the wallet owner before processing.

Transaction confirmation with T.T (Trezor T) wallet is achieved physically on a larger screen. And of course, it is a touchscreen.

The device offers a wide variety of features including the U2F authentication, SSH login, and a password manager.

 

The Latest: the latest news about Trezor T is that it has been integrated with MetaMask tool; an advantage to managing more Dapps assets with total security.

 

UNBOXING TREZOR T   

Coming with a larger package than the former – Trezor 1, when you open the package, you will quickly observe a setup steps on the flip-side casing.

You will find the Trezor T device, a USB A-to-USB C Cable, Recovery Seed Card, Stickers, micro SD card, and a Getting Started manual.

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS The Trezor T comes with more advanced accessories as you have a Magnetic Dock which can stick onto your table comfortably without the fear of getting it exposed from unwanted persons; quite a great revolutionary change from Trezor 1.

 

 

DIGITAL ASSETS MANAGED ON TREZOR T

As of the time of writing, in its capacity, the Trezor T can manage only 6 native coins and 500+ digital assets with thirdparty applications.

The list is too numerous but just to list a few see below.

Note: the Trezors’ (T.1 and T.T) do not manage Ripple and Monero coins yet. A thing that Ledger Nano does.

 

 

CRYPTO ASSETS

 

A

Aion (AION)

APIS (APIS)

Ark (ARK)

ABYSS (ABYSS)

Aditus (ADI)

 

 

B

Bitcoin (BTC)

Bitcoin Cash (BCH)

Bitcoin Gold (BTG)

Bitcoin Private (BTCP)

Bitcore (BTX)

BRAT (BRAT)

 

D

Dash (DASH)

Digibyte (DGB)

DATACoin (DATACoin)

Decred (DCR)

 

E

Ethereum (ETH)

Ethereum Classic (ETC)

Expanse (EXP)

 

H

Hcash (HSR)

 

I

ICON (ICX)

ICO (ICO)

Iconomi (BLX)

 

K

Karma Token (KC)

Kowala (kUSD)

Komodo (KMD)

KICK (KICK)

 

 

L

Litecoin (LTC)

 

 

M

Monero

 

N

Neo (NEO)

Nano

Nimiq

 

O

Ontology (ONT)

 

P

Particl (PART)

PivX (PIVX)

PosW (POSW)

Peercoin (PPC)

Proof of Authority (POA)

 

Q

Qtum (QTUM)

 

R

Rootstock (RSK)

 

S

Stellar (XLM)

Stratis (STRAT)

Stealth (XST)

 

T

Tron (TRX)

 

U

Ubiq (UBQ)

 

V

VeChain (VET/VTHO)

Viacoin (VIA)

Vertcoin (VTC)

 

Z

Zcash (ZEC)

ZenCash (ZEN)

Zcoin (XZC)

Wanchain (WAN)

Woleet

 

More cryptocurrencies (500+) with the use of third-party applications.

 

HOW TREZOR T WORKS

When you get the Trezor T out of the package, you will be able to quickly initialize the device.

All you will need to do is to connect the hardware wallet to your PC with the USB cable. From there, you can download the firmware from the official website since it does not come with it.

You might wonder why it does not come with its firmware as the other wallets; Ledger and Bitbox.

The simple reason is that they want to protect you from an unauthorized third-party firmware installation.

 

WHAT I LIKE ABOUT THE TREZOR T

(1) Secure, Reputable & Futuristic

The Trezor 1 wallet was a known secure wallet, so, we wouldn’t have expected anything lesser from the Trezor T.

Like the Ledger, you can enter your passphrase using the wallet without a third party device like your mobile or PC.

The T model Trezor comes with the universally known U2 factor authentication which utilizes its screen to inform you about the authentication request before you approve it.

The Trezor wallet has a high degree reputation by the Crypto communities. And of course, it has its root from the Trezor one.

The wallet is kinda a futuristic wallet wherefore if you buy it, you might not need to fizzle out money again for wallets. Why? The device is a ready-made product for all kinds of integrations and features.

 

(2) Support For A Larger Amount Of Coin Assets

Just like Ledger, the Trezor T supports the management of many cryptocurrencies.

With the third-party applications, you can manage up to 500+ crypto coins. So, you’ve got room for your Dapps/ERC-20 family tree assets.

 

(3) Offline Set Up Vs Screen Function

The model T Trezor is of great value has it comes with a larger screen than the Trezor 1.

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERSThere is no doubt that it comes with an easy navigation because with a touchscreen function, you only need some touches to enter your Passphrase and complete Pin setup offline; (you need to feel the touchscreen for yourself).

 

 

(4) Durable Vs Lightweight Vs Open Source

The design of Trezor T makes it a great Lightweight device to carry about anywhere you go. And with a tough material the body is made of, this wallet is super resistant to dust and eventual cracks.

And lastly, the Trezor T is open source, so, you can readily see what it is made of at GitHub.

 

(5) Customer Support

I don’t just consider anything more important than the customer care section. Even when building projects online, you have to check out if the product’s customer desk is responsible in case you need an urgent help.

And talking of customer support, the Trezors’ have it in general.  

 

WHAT I DON’T LIKE ABOUT THE TREZOR T

(1) Price

The Trezor T coming with advanced options does not come cheap. It is costly than all the reviewed wallets.

So, if you think that the price qualifies with the designed options you will get, then, it might not be a concern.

 

(2) Lacks Mobile Wallet Vs Web Wallet

While we have seen some morning glories of Trezor T, it is worthy to note that this wallet does not have a mobile wallet. Not just that. It works more by relying on the web wallet.

 

(3) Seed Generation Is A Civil War

If you are in a rush to generate your seed like the Ledger Nano S, then there is a bad news. And it is that you will need to give it more attention as you cannot generate a 24-word seed in a user-friendly way.

So, for beginners, you need to be patient and follow it through.

However, the good news is that Trezor T model is quite user-friendly and displays instructions/warnings along the way, which is most important for beginners.

 

GETTING STARTED WITH TREZOR T – Set Up

The set up does not have to be tricky as I believe you will use the instructional manual.

 

Step 1. Connect the Trezor T Wallet To PC

After you might have removed the tamper-proof sticker, go ahead and connect the hardware wallet to your PC with the USB cable which came along with the wallet.

 

Step 2. Download Trezor Bridge

Since the wallet doesn’t come with a pre-installed firmware, you will need to connect online to get the firmware installed.

When the prompt to download a plugin called Trezor Bridge pops up, all you need to do is go to trezor.io/start in your browser and download it.

 

Step 3. Choose the wallet

Upon going over to the website, you will be given two options to choose from – Trezor One or Trezor Model T. Go ahead and chose the model T.

 

Step 4. Install the Firmware

From the step 3, after choosing the model T wallet, you will get a prompt to install the firmware. Go ahead and install it.

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

When done correctly, the software will begin downloading…

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS Your device will show progress on the screen. Once finished, the device will automatically restart.

 

That is all.

 

 

CREATING A NEW CRYPTO WALLET

Upon setting up your wallet, the next thing to do is create a new wallet.

 

Step 1. Create Wallet

Still, in your dashboard, click on create wallet. (Close any pop-up if any shows up).

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

Step 2. Create A Backup

After creating a wallet, you will get a notification to create a backup in 3 minutes, go ahead and click on the orange Create a backup in 3 minutes button. When a popup shows up, click and confirm it.

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

Step 3. Write Down Your Private Key

From step 2, Trezor T will create a set of 12 randomly generated words.

Once you enter the first six words, you will have to swipe down to reveal the next six randomly generated words.

Write down all the words correctly, and in the same order as they appeared on the screen, click to confirm it.

Go ahead and write them down in the correct order. Do well to use the recovery seed booklet which arrived with the device. And lastly, click to confirm the setup.

 

Step 4. Enter the Two Randomly Selected Words

Just to verify that you entered the seed correctly, you will need to enter two randomly selected words again. So, enter the two randomly selected words again and you are done.

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

With that, you are done setting up/creating a Trezor T model wallet completely.

That is all.

 

USERS VERDICTS

 

I waited to purchase this new version of the Trezor. Love the big screen. Works great!!

The only drawback is the limited number of cryptos supported. I believe more will be added in the future.

 

K. Avery

 

 

Arrived clean in sealed packaging. Hologram sticker was intact covering the USB port.

Super easy to set up and touch screen is surprisingly responsive.

Trezor.io is all you need!

G. Duquette

 

PRICE – 149 EUR or $174.16

 

Trezor Shop – https://shop.trezor.io/

 

CONCLUSION

Coming with more advanced options and flexibility, if you need a futuristic wallet that answers to the question of no-need-for any more wallets, then go with a wallet like the Trezor T model from the satoshilabs.

 

 

TREZOR 1.

Trezor T Vs Trezor Vs Ledger Nano S Bitcoin Wallets Review 2018.

 

The Trezor 1 wallet has been a long-standing wallet before the model T, so, we have seen and tasted its prowess.

The micro-USB port on Trezor 1 is the device’s only communication with the outside world and only source of power, as there is no battery on board.

And as a matter of fact, the Trezor 1 functions just as the Trezor T only that the Trezor one was once compromised which was fixed with the T model and the latest Trezor 1 devices.

Note: the compromise was possible using just one wallet – by experimentation.

 

WHAT MAKES THE TREZOR 1 SPECIAL?

The setup and what the Trezor T can do are just the same with the Trezor 1 only that few changes differs it from the Model T. Let’s see some of them.

 

BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

(1) Touch Screen Vs Resolution

Unlike the T models that comes with a bigger screen size, the Trezor 1 still retains its smaller shaped screen size.

Again, while the latter is designed as a touchscreen wallet, the Trezor 1 is not. It only has buttons to fix things up.

So, that is one of the changes you might need to look out for.

 

(2) Micro SD Card

Although the Trezor T rarely integrates the SD card during setup, yet, it is okay to observe that it comes with it; something the 1 models does not have.

 

(3) Pin, Passphrase and Device Recoveries

While you can get along and set up your Pin, Passphrase and Device recoveries using the Trezor T Wallet, with the Trezor 1 you will have to execute those securely via computer or mobile.

 

 (4) Security

Not really a big deal but yet I don’t want to leave anything hanging.

The 1 model was successfully compromised by a user who really wanted to see if it was possible.

However, since the flaws were found, the patches were fixed, and so, the current Trezor 1 and the T models are securely safe.

 

(5) Price

Yes, the difference is made clear also in the prices. While the Trezor 1 comes with a price tag of 89 EUR, the Trezor T, on the other hand, is 149 EUR.

There is nothing more as you can also manage up to 500+ cryptocurrencies with simple third-party applications.

 

TREZOR 1 SETUP

The wallet set up for Trezor 1 is quite similar only that you will have to choose Trezor 1 instead of Trezor T. When once you download the firmware you are good to go.

 

Visual Set Up

 

 

 

PRICE – 84 EUR or $98.18

 

 Trezor Shop – https://shop.trezor.io/

 

CONCLUSION ON TREZOR 1

Having already established its mark as a great and a reputable wallet, the wallet 1 still retains its ability to reproof hackers by keeping your wallet and funds secure.

With almost everything the same as the Trezor T, if you think that the option to set up Trezor 1 securely via computer or mobile is not a bit of a concern, then go with a wallet like Trezor 1.

 

 

TREZOR T VS LEDGER NANO S  VS DIGITAL BITBOX VS TREZOR 1 – 4 x 4

 

 BEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERSBEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERSBEST CRYPTOCURRENCY HARDWARE WALLETS AGAINST HACKERS

 

DESIGN OPTIONS

 

TREZOR T

 

LEDGER NANO S

 

TREZOR 1

 

DIGITAL BITBOX

 

Assets Managed (With 3rd-Party Apps)

 

500+

 

500+

 

500+

 

BTC. ETH, LTC, ETC + ERC-20.

 

Most native coins

 

6

 

20

 

6

 

2

 

Screen

 

Yes

 

Yes

 

Yes

 

No

 

Open source

 

Yes

 

Yes

 

Yes

 

Yes

 

Security Chip

 

No

 

Yes

 

No

 

Yes

 

Pin Entering

 

On Device

 

On Device

 

On computer/mobile

 

On computer/mobile

 

Pre-installed Firmware

 

No

 

Yes

 

No

 

Yes

 

Constant Firmware updates

 

Yes

 

Yes

 

Yes

 

Yes

 

Password Manager

 

Yes

 

No

 

Yes

 

Yes

 

2FA/U2F

 

Yes

 

Yes

 

Yes

 

Yes

 

Plausible Deniability

 

No

 

Yes

 

No

 

Yes

 

Micro SD card

 

 

Yes

 

 

No

 

 

No

 

 

Yes

 

Random Password Generator

 

Yes

 

No

 

Yes

 

Yes

 

Set up /Beginner friendly

 

Fairly Good

 

Very Good

 

Good

 

Best

 

Customer support

 

Very Good

 

Good

 

Very Good

 

Very Good

 

Price

 

€149 or $174.16

 

€79 or $92.44

 

€84 or $98.29

 

€59 or $69.07

 

Shop

 

shop.trezor.io/

 

ledger/shop

 

shop.trezor.io/

 

shiftcrypto/shop

   

Buy Trezor T

 

Buy Ledger  S

 

Buy Trezor One

 

Buy Digital Bitbox

 

USING TWO WALLETS

One of the best decisions you want to make is to use two crypto hardware wallets. Sound annoying, right?

I know financially it is not wise (because it is logically a double payment) but when utmost security is concerned, this is the best recommendation.

The reason for a two hardware wallet is simple.

You need one solely for your recovery seeds, pins and phrase backups; kept in the best environment.

The second one…

The other will be used for daily and periodical transactions of any kind.

Again, with a second wallet, you can transfer a larger sum of your money to the second wallet; a great decision wherefore you need not worry about using P.D since you have much of your funds in the second wallet.

Just think about it. If wise from your end, you might need to get a pair.

 

CRYPTO WALLET MATCH

If the cost is and not a problem for you, let’s see some of the best wallet combinations – 2×2.

#1. Leger Nano S and Trezor T

#2. Trezor 1 and Leger Nano S

#3. Leger Nano S and Leger Nano S

#4. Digital Bitbox and Trezor T

#5. Digital Bitbox and Ledger Nano S.

 

I think I would go with the 4th option because it is a function of a lesser spending and complete stash/flexible wallets.

 

CONCLUSION

The need for a hardware wallet cannot be overemphasized because it is all about you.

If you have the keys, you have the wallet. And if you don’t have the keys, you don’t have the wallets.

The private key is your master secret key. Keep it safe!.

 

Image aid: Bitcoinshirt.io

 

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