Good hardware wallets should have a display, secure chip and an open source firmware.

Are you in the market for buying a hardware wallet to secure your bitcoin or other cryptocurrencies? Hardware wallets keep your private keys safe by storing them offline and out of reach from exchanges or potentially malicious devices, such as laptops or smartphones. While improving security, they should also keep things simple and easy to use, making self custody accessible for everyone. In short: You neither want to trust your computer or smartphone, nor should you have to become an expert in cryptography to be able to secure your coins – both these challenges can be solved with a good hardware wallet.

Of course, we are slightly biased as the makers of the BitBox hardware wallet when it comes to making direct recommendations. However, not all hardware wallets are “created equal”. While there will always be smaller differences in terms of features or design that ultimately come down to personal preference; some aspects are critical for security and the user experience. Let’s take a look at four such aspects we believe you should definitely look for when buying a new hardware wallet.

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