Unfortunately, scammers and hackers continue to exploit the Web3 space. You should always keep your assets safe in a hardware wallet, regardless of whether you are dealing with cryptocurrencies or NFTs.
Here are the top 5 NFT hardware wallets
1. Ledger Nano X
The Ledger X is the best hardware wallet on the market today and is trusted by a majority of NFT collectors, investors, and creators to safely store their digital assets such as NFTs and crypto. For only $120 on Ledger’s site, this wallet is more than worth it to ensure the safety of your NFTs.
My favorite thing about the Ledger Nano X is that you can use it to buy NFTs directly from an NFT marketplace, just as you would when using a Metamask wallet. All you need to do is simply connect it to your computer when purchasing, then once you’re done, disconnect your wallet and feel good knowing your NFTs are safe.
Also, the Ledger Nano X is super simple to use and has a built-in battery and enhanced asset management capabilities like Bluetooth. It features a matte black finish and a 128 x 64-pixel screen for cycling through applications. The wallet supports over 1,800 coins and tokens.
The Bluetooth Low Energy connectivity enables the Nano X to be used with the Ledger Live software (Android or iOS devices) to complete crypto transactions in real-time. Furthermore, the Secure Element chip from Ledger is a specialized chip used in high-end security solutions such as credit cards and passports that protects against a variety of attacks.
Ledger Nano X
More than 1,100 coins and tokens supported
Everything is lost if the device is lost.
No touchscreen is available
2. Ledger Nano S
The Ledger nano S cold storage wallet is a great choice for investors with limited budgets. It supports over 1800 cryptocurrencies and will store any NFTs that you want to keep safe.
Although the Nano S is almost identical to the Ledger NanoX, it costs $59 less on the Ledger website. It supports the same number cryptocurrencies as the Nano X version, and gives users access to Ledger Live. Nano S uses the same secure chip that Nano X has — CC EAL5+.
The Nano S, on the other hand lacks Bluetooth connectivity and can store only 3 apps at a given time (compared with the Nano X’s 100 app-at-atime capacity). If you have NFTs from multiple blockchains, the Ledger nano X may be a better choice.
Because it is a great choice for beginners, the Nano S wallet is Ledger’s most popular. The Ledger can store, trade, and transfer large amounts of cryptocurrency, mainly BTC and ETH.
Ledger Nano S
Over 1,100 tokens and coins are supported
The display is small and does not have a touchscreen
3. Ledger Nano S Plus
Ledger has introduced the Ledger Nano S Plus to improve its Nano S. You get more memory and a bigger screen than the Ledger NanoS.
The larger screen makes it easier to navigate and verify transactions. Plus, you can have more than 100 apps running simultaneously thanks to the extra memory. Ledger’s certified secure chips (CC EAL5+), which protect your private keys and keep them out of hackers’ reach, are still available on the Plus.
You can also send and sign NFT transactions easily in Ledger Live, which means you will see exactly what you sign.
Note – The Ledger Nano Plus Plus is currently unavailable at the time this article was written. This article will be updated as soon as it becomes available. You can also check its availability at Ledger.com.
Ledger Nano S Plus
Larger screen allows for easier transaction verification
You can store more apps and keep more NFTs in your memory.
Ledger's certified EAL5+ chip provides additional protection.
Ledger Live allows you to send and sign NFT transactions easily
More expensive than other models
4. Trezor Model T
Trezor is a well-established company that was founded in 2011 in Czech Republic as a subsidiary to SatoshiLabs. Trezor’s second generation hardware wallet is the $215 ModelT. It has many of the same capabilities and a higher price, but it comes at a higher cost.
Trezor Suite is completely open-source. This provides additional security. Trezor Suite can be run natively on your computer, providing a greater level of security than web-based applications. It is accessible through the company’s website.
Model T is shaped like an old-fashioned stopwatch and includes a touchscreen, a USB cable to connect to your computer, and a microSD card to add encrypted storage directly into your hardware wallet. However, it does not include Bluetooth capability. This is something security experts would prefer as hackers may try to exploit Bluetooth connectivity.
Trezor Model T wallets currently support more than 1,600 coins or tokens. Transactions can be done from Trezor Suite by using the integrated exchange.
The Trezor Model T is capable of securing NFTs but it cannot be done in Trezor suite. A third-party interface such as Metamask is recommended to secure NFTs. You can still use this method, provided you set Metamask up to communicate with your Trezor.
The Trezor Blog explains how to store NFTs using Metamask
Trezor Model T
Extremely secure hardware wallet. The wallet and keys never leave the device.
Easier to read touchscreen than the Ledger Nano X
Connectivity via USB from an Android phone or a PC
All actions that are performed using the touchscreen must be verified and authorized
5. Trezor One
Trezor One, the most trusted and used hardware wallet in the world, costs $70 only on Trezor’s website. It was launched in August 2014 and is the first Bitcoin hardware wallet. It provides unparalleled NFT and crypto security, two-factor authentication, password management and more. However, it’s completely user-friendly regardless of your level of expertise.
It works with Windows, Linux and Mac operating systems, as well as Android. Users can also access third-party exchanges like Shapeshift and Changelly through the interface.
It is lightweight, portable, functional, and easy to use. It can be carried around like a car key and attached to any nearby computer when it is ready to use. It is however more practical than the Ledger NanoX wallet and has a lower level of luxury and appearance.
The wallet supports over 1000 cryptocurrencies. Trezor One’s digital assets are comparable to those on the Ledger. Coin support was expanded recently. Users will find that all ERC-20 tokens (NFTs) are supported.
Trezor is a market leader in security and the Trezor One proves it. Trezor One, a secure storage device that can store crypto assets, allows users to add a passcode to increase security.
Trezor One, an excellent entry-level wallet, should meet all the needs of traders and newcomers who conduct multiple NFT transactions frequently.
It's easy to use
You can purchase cryptocurrency using USD and then exchange it in your wallet
Support for desktop operating systems, web browsers and Android
iOS is not supported
Fiat can only be used to purchase a small number of cryptocurrency.
Comparable to the competition, a little more expensive
Benefits Of An NFT Hardware Wallet
Hardware wallets are used to store NFTs because they are physically secure and can’t be hacked. A hardware wallet is the best way to store NFTs securely and is still practical.
A hardware wallet not only keeps your crypto and NFTs secure, but also protects the owner’s private keys. This wallet allows you to access blockchain-based assets by providing the address with a secret code that allows the wallet owner authenticate transfers.
If you have the private keys, then you can own everything at that address. This allows the wallet’s owner authorize transactions through it, eliminating any possibility of illegal hacking or theft.
Tips When Using A NFT Hardware Wallet
A hardware wallet is the best option for NFT storage, but these bonus tips will help you to protect your digital assets and NFTs.
You will need your recovery seed in order to access your digital assets if your wallet is stolen or lost. Make sure you write it down and keep your password safe.
Only buy from a trusted seller. To avoid theft and hacking, only purchase hardware wallets from authorized resellers or directly from the manufacturer.