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Cryptocurrency News Articles

7 Best Crypto Hardware Wallets in Australia

Jan 10, 2025 at 02:07 am

As someone who's been in crypto for 7 years, I'll share my personal thoughts because, let's be real, no wallet is perfect.

7 Best Crypto Hardware Wallets in Australia

Crypto hardware wallets are essential for keeping your digital assets secure. They offer unmatched protection compared to software wallets or keeping your crypto on an exchange. But with so many options available in Australia, choosing the right one can be overwhelming.

To help you out, I’ve personally tested and reviewed the 7 best crypto hardware wallets in Australia for 2023. These wallets strike a balance between security, usability, and value for money. Whether you’re a crypto newbie or an experienced investor, there’s a hardware wallet on this list that will meet your needs.

The best crypto hardware wallets in Australia are:

Best crypto hardware wallets in Australia

As someone who’s been in crypto for 7 years, I’ll share my personal thoughts because, let’s be real, no wallet is perfect. While these wallets are all great in their own right, each has its quirks, whether it’s the price, design, or specific features.

Now, let’s dive into the details of each hardware wallet and see how they stack up.

1. Ledger Nano X - Powerful and versatile

The Ledger Nano X is often hailed as one of the best crypto hardware wallets on the market, and I can see why. Its standout feature is security, with a CC EAL5+ certified secure element chip that ensures your private keys are never exposed. If protecting your assets is your top priority, this wallet deserves serious consideration.

Nano X is also impressively versatile. Supporting over 5,500 cryptocurrencies, it’s perfect whether you’re a Bitcoin maximalist or love exploring lesser-known altcoins. Plus, it can store up to 100 crypto apps simultaneously, making it ideal if you manage multiple wallets or blockchains.

The connectivity options are equally impressive. You can link it to your devices via Bluetooth or USB-C, which means you can easily manage your portfolio on Android, iOS, Windows, MacOS, or Linux.Â

If you’re into DeFi or Web3 apps, you’ll love how smoothly the Nano X integrates with wallets like MetaMask. This allows you to explore decentralized platforms while keeping your funds offline and secure. The Ledger Live app also makes it easy to manage your portfolio, offering features like transaction tracking, portfolio management, and even recovery options.

That said, the Nano X isn’t perfect. The interface can take some time to get used to, especially if you’re new to hardware wallets. And at $149, it’s pricier than some competitors. However, you’re paying for top-tier security and functionality, which is well worth it in my opinion. If you need more than one device, the Family Pack (3 devices for $399) offers great value.

Pros:

Secure: CC EAL5+ certified secure element chip for top-notch private key protection.

Versatile: Supports over 5,500 cryptocurrencies and can store up to 100 crypto apps.

Well-connected: Bluetooth and USB-C connectivity for easy management on multiple devices.

DeFi-friendly: Integrates seamlessly with wallets like MetaMask for decentralized finance.

Cons:

Interface: The menu-based interface can take some getting used to, especially for beginners.

Price: At $149, the Nano X is more expensive than some other hardware wallets on the market.

Buy the Ledger Nano X

2. Ledger Nano S Plus – Budget-friendly security without compromise

The Ledger Nano S Plus is the more affordable sibling of the Nano X, but don’t let its lower price fool give you the wrong impression. It’s packed with impressive features that make it one of the best hardware wallets out there. At $79, it’s nearly half the price of the Nano X. It’s an excellent option for budget-conscious crypto investors.

Like the Nano X, the Nano S Plus supports over 5,500 cryptocurrencies and allows up to 100 crypto apps to be stored simultaneously. It also features the same CC EAL5+ certified secure element chip, providing top-tier protection for your private keys. In terms of core functionality, you’re getting a lot of the same security and usability at a fraction of the price.

However, the Nano S Plus does skip a few premium features. Most notably, it lacks Bluetooth connectivity and only works when connected via USB. Some users might actually prefer this, as the lack of Bluetooth eliminates one potential attack vector, but it does mean you’ll always need a cable handy.

I do like that Nano S Plus comes in five fun colors, including Matte Black, Amethyst Purple, and even a BTC Orange for Bitcoin enthusiasts. It’s a small touch, but it adds a bit of personality to a device that’s all about function

News source:coincodex.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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