How to choose a hardware wallet: a buyer's checklist
Last checked: 2026-10-28
Choosing a hardware wallet is mostly about matching it to what you hold and how you will use it – and avoiding scams. Work through these points before buying.
Checklist
- Supported assets. Confirm the wallet supports every coin and token you hold, on the maker's official support page.
- Official store only. Buy from the maker's own store or a reseller it names. Avoid marketplaces and second-hand devices.
- Recovery. Understand the recovery phrase (seed) process and whether you can add a passphrase.
- Open source and audits. Check which parts of the firmware and software are open source and whether there are public security reviews.
- Connectivity. USB, Bluetooth or NFC: choose what fits your phone and computer – and think about whether you want wireless at all.
- Display and usability. You must be able to verify addresses on the device screen.
- Total cost. Check today's device price and shipping at the official store, including VAT and customs if you are outside the EU.
- Support and updates. Look at how long the maker has supported devices and how firmware updates work.
Compare the makers
Frequently asked questions
Do I need a hardware wallet?
If you hold more crypto than you can afford to lose and want to self-custody, a hardware wallet is a common choice. It is not investment advice; self-custody also brings responsibility for your recovery phrase.