The best crypto cold wallet your private keys safe from hackers and other cyber threats. These offline wallets don’t connect to the internet, which significantly reduces the risk of theft and hacking. Cold wallets are ideal for storing large amounts of cryptocurrency over the long term and are an essential tool for any crypto investor who prioritizes security.

There are a number of different types of cold wallets on the market. Some are standalone hardware devices that you connect to a computer or smartphone, such as the Ledger Nano S Plus and Trezor Model One. Other options are software wallets that run on your device, such as Exodus and MetaMask. Some cold wallets are noncustodial and allow you sole access to your private key, while others require you to fund them with fiat currency.

“Keeping Your Crypto Safe: Exploring the Best Crypto Cold Wallets for UK Users

Another popular option is the BitBox02 wallet, which offers a unique approach to security by incorporating an open-source framework that allows experts to inspect its design and a secure chip (ATECC608A). This hardware wallet also supports FIDO Universal 2nd Factor authentication. It is compatible with the latest technology, including USB-C, and is capable of securing cryptocurrencies across multiple blockchain networks.

A few other features to consider when choosing a cold wallet include whether it is a multi-chain wallet, which supports the majority of major currencies and tokens; if it supports QR codes and is compatible with other wallets; and if it offers support for NFTs (non-fungible tokens). The Mycelium wallet, for example, is an open-source choice that supports a wide range of cryptocurrencies and is compatible with hardware wallets like Trezor and Ledger.