CryptoDad's Ultimate Cryptocurrency Wallet Comparison: Find Your Perfect Match! (New for 2023)

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Choosing the right cryptocurrency wallet can be overwhelming. 🤯
In this comprehensive guide, we compare top hardware wallets like Ledger Nano X, Ledger Nano S Plus, Trezor T, and Trezor One, as well as air-gapped solutions like KeyStone Pro and Ellipal. We also explore unique options like the no-backup phrase Tangem and Ballet wallets. We evaluate each wallet based on security, functionality, ease of use, and affordability to help you make the best choice for your needs. Discover the perfect crypto wallet for managing your digital assets with confidence! 💡
MY RECOMMENDED HARDWARE WALLET(S):
🌟🔐 LEDGER NANO X 🔐🌟
shop.ledger.com/pages/ledger-...
🌟🔐 TREZOR MODEL T 🔐🌟
shop.trezor.io/product/trezor...
🌟🔐 BALLET WALLET🔐🌟
www.ballet.com/
⭐️🔐 LEDGER NANO S PLUS 🔐⭐️
shop.ledger.com/pages/ledger-...
✨🔐 LEDGER BACKUP PACK 🔐✨
shop.ledger.com/products/ledg...
MY RECOMMENDED SOFTWARE WALLET(S):
🆓🦊METAMASK 🦊🆓
(FOR ETHEREUM AND EVM CHAINS E.G. POLYGON, AVALANCHE, BINANCE SMART CHAIN ETC.)
metamask.io/
🆓🔐 ELECTRUM BITCOIN WALLET🔐🆓
(FOR BITCOIN)
electrum.org/
⏰ Timecode-based Table of Contents:
00:00 - Introduction
02:44 - Ledger Nano X & Ledger Nano S Plus
04:55 - Trezor T & Trezor One
06:49 - Air-gapped Wallets: KeyStone Pro & Ellipal
09:13 - The biggest wallet vulnerability: The End User
10:46 - No-backup Phrase Wallets: Tangem & Ballet
13:49 - Desktop-based Wallets
17:39 - MetaMask Evaluation
19:04 - Phone-Based Wallets
21:44 - Conclusion & Recommendations
🔗 Helpful Links:
Ledger Nano X Setup: • How to Set Up & Use th...
Trezor T Tutorial: • CrypoDad: How to Set U...
KeyStone Pro Guide: • How to Set Up & Use th...
Ellipal Review: • Ellipal Titan Cold Wal...
Tangem Wallet: • Tangem Cryptocurrency ...
Ballet Wallet Overview: • Ballet Cold Storage Bi...
Metamask Setup: • How to Install & Use t...
Trust Wallet Setup: • Using Trust Wallet to ...
💡 DISCLAIMER: This video is for educational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies.
👉 Don't forget to LIKE, SHARE, and SUBSCRIBE for more crypto tutorials and news! 🔔
🔗 Connect with CryptoDad:
🐦 Twitter: / the_cryptodad
🎥 RU-vid: / cryptodad
📸 Instagram: / the_cryptodad
📬Email: thecryptodad@gmail.com
🎉 Thanks for watching, and happy crypto investing! 🌟

Опубликовано:

2 авг 2024

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Комментарии : 105

@hamishmaclean3920 Год назад

Thanks for the review....a good review.

@a.mendez2894 9 месяцев назад

love yur content, what cold wallet is the best, easy an safe to use. Thanks for all you do

@qassimm8209 Год назад

thank you

@iftiali 11 месяцев назад

Excellent comparison video!

@CryptoDad 11 месяцев назад

Thanks!

@iftiali 11 месяцев назад

@@CryptoDad where do you put Arculus wallet in your assessment? I just got the trezor (great video on it also). I love how you break things down so simply.

@ruipedrovilarinho5560 Год назад

Thank you Dad!

@cryptotech4513 Год назад

Excellent comparison. Could you please include aspect of 1. Open source code , 2. Track record of company (or reputation of company) , 3. Time test (How long they are in business ), 4. Vulnerabilities or security breaches in past. 5. Number of coins supports Also Have you considered Bit Box 2 as well? Also i always got questions why can't we have 2FA option along Hardware wallet. It will be more secured. Do we have Multisig wallet in market?

@JTheo73 Год назад

What about D’cent cold wallet?? Good video 👍

@jasonwblangley9956 Год назад

Hey Rex great vid thx for uploading it. Question: if using the tandem wallet and i lose 2 of the 3 cards, could i just order a new set of 3 cards and transfer my funds from the 3rd back up wallet to the new set of wallets i ordered?

@jeffho6244 Год назад

yes, that is what you will need to do

@AndreAnyone Год назад

Atomic wallet was just hacked a few weeks ago. And this clown is recommended it to people

@sethy12 Год назад

Security first..def go with Keystone, have it and love it

@pkavics9182 Год назад

I am thinking to buy a Keystone or Ellipal Titan, which one would you recommend and why? Is Keystone open source, is that right?

@goldeneagle8259 10 месяцев назад

@@pkavics9182 and so which one is better?

@daututheoxuhuong Год назад

Is it still a safe place to store our crypto in ledger? Is it still get the A for security. Which wallet is the safest right now please.

@richardmorris2064 Год назад

How would your views on the Trezor T wallet be influenced by the new coinjoin controversy?

@BalletCrypto Год назад

Thanks for including us in this Ultimate Cryptocurrency Wallet Comparison! We appreciate your consistent support for self-custody!

@josegiasson6058 Год назад

Great clip, I bought a BC Vault cold wallet, a few years ago. any comments on this wallet. My concern is that there is no seed phrase so if they go out of business, does that mean I loose my crypto?

@CryptoDad Год назад

You can always restore your seed phrase to a different wallet.

@IdentifyAsMu Год назад

That's why I have not loaded up on IOST yet; don't like the wallets available. Alohas Rex.

@albedoguardian875 Год назад

I’d chalk out trezor model one as it requires to enter pin on computer instead of device.? Thoughts?

@CryptoDad Год назад

Yes I have heard this argument. It does introduce risk when you are entering the pin from your computer due to key loggers and such. However, I think the combination of the keypad number showing on the device and the keypad on your computer screen showing blank key does obfuscate the pin entry. Also the pin is only for local access and the number position changes each time, so if someone came in and stole your device, whatever they recorded from your computer as far as your pin entry would be useless for the next entry.

@kellee6551 Год назад

Thank you for the Easy translations you provided. I have an Apple phone now and would like to ditch and go back to an android. If I set up my Tangem app on the apple phone can I then use my new android phone to sinc up my Tangem card. I'm over 70 and would love to get this done without fumbling any more than needed. Thank you in advance for your time and consideration.

@CryptoDad Год назад

I checked out the Tangem Twitter account and they have top 10 questions. One of them is can you use your cards with multiple devices? The answer was yes you just need to download the Tangem app on your new device and then scan your card I would hold onto the iPhone and make sure this works before you toss it. There’s really no way to import a Tangem wallet into anything else since there is no back up phrase so make sure the new device syncs up first.

@fabiosapienza236 Год назад

I thin Safepal should be added to the mix. it is at the same level of Ellipal

@CryptoAffiliate Год назад

Why Safepal cold wallet not included. It's good also.

@rasheed9705 7 месяцев назад

Is there a cold wallet that has a superior app interface that emulates the look/feel of an exchange app? I'd want to make sure I can view graphs, monitor my earnings, and watch how my crypto is doing in the market without having to do the math manually..

@AngelaMessengerGirl Год назад

What if you still have access to the exchange, but you forgot to write you qrl down? (And thanks btw... You're the go to guy for sure!)

@CryptoDad Год назад

You should be able to log into your account and withdraw your crypto to your own wallet. If you’ve lost access to the exchange, you’ll need to contact their tech-support and provide some identifying documents so that they can reactivate your account.

@debbieburnam4024 Год назад

Which cold wallet will allow me to download chain link, XDC, DAG and HBar? Wasn’t able to put those on Nano X.

@lilbfrom094princeton8 Год назад

I have HBar and XDC on mines but I invested long ago. I downloaded the app onto the Ledger using Ledger Live. Same with Cardano which wasn’t available as an app but now it’s available. It can be confusing if I’m not sitting down w with you.

@2ndTim3_1-6 Год назад

Safepal not included Rex ? Ive been looking at getting one, not sure if it is a good one or not

@pkavics9182 Год назад

The only issue with SafePal for me is the fact that it is not open source. Like Ledger. That's a rad flag for me.

@goldeneagle8259 10 месяцев назад

@@pkavics9182 and so which one then?

@briantse8887 Год назад

No SafePal ??

@trustinginhim1698 Год назад

How is ledger one of the best if the new upgrade can allow the government to subpoena through the back door of this update the keys of all it's user's and take their crypto. And we know it's coming

@fredbear2648 Год назад

Please update regarding Ledger Recovery and the complete violation of trust from the comunity.

@jamesthompson3099 Год назад

There was a tremendous amount of FUD and misunderstanding of what Ledger was trying to accomplish. "Shamir's Secret Sharing" is a very old and trusted way of protecting keys. Ledger was offering a way to use SSS and keep the phrase shards safe and separated on three independent servers. That would protect against loss or destruction. The problem is actually that the government can show up with a warrant and force Ledger to retrieve and turn over the shards. Of course they can also show up at your house and demand a copy of your seed phrase and you either produce it or go to jail. If you think the government is after you, you nee to find something with no seed phrase at all.

@sbl17jackson37 Год назад

How can Atomic and Exodus get a B- for security when a hacker could gain access to your password and steal your crypto. I can't see how any hot wallet or desktop wallet could get more than a D for security.

@chullotm1970 Год назад

Never change a winning team....nano x and LL for me!!

@dongshengdi773 Год назад

The real winner is SafePal wallet Owned by Binance $50 only with screen and camera

@willpower6720 Год назад

Uhhhhh. Your private keys can leave your device. Think about that.

@TheTruthhasbeenspoken 11 месяцев назад

If you pay and opt in

@willpower6720 11 месяцев назад

@@TheTruthhasbeenspoken Nope. They can leave your device. You don’t get it. 😟

@TheTruthhasbeenspoken 11 месяцев назад

@@willpower6720 rubbish. Not ture

@ryananderson8174 10 месяцев назад

Just received my Tangem wallet. Wondering why it's from China since they are a Swiss company? Could be naive, but it seems questionable right off the bat. I'd be grateful for any thoughts, appreciate the show.

@jbug1227 9 месяцев назад

According to Tangem due to the sudden high demand after the Ledger issue in May they began shipping direct from manufacturer in China to expedite deliveries.

@kz687 Год назад

To me tangem was the best

@TeleportlabsETH Год назад

the stax worries me if it has an internet connection, idk but it looks like a phone.

@legacysuite Год назад

Choosing the right cryptocurrency wallet can be stressful for many investors, and we are glad to see comprehensive guides being offered to help in the decision-making process. With so many options available, it's essential to consider factors like security, functionality, ease of use, and affordability when selecting a wallet. At Legacy Suite, we believe that by staying up-to-date with the latest market trends and understanding the unique needs of each client's investment portfolio, we can provide the best solutions for managing digital assets with confidence.

@pkavics9182 Год назад

Keystone or Ellipal Titan? What open open source vs closed source? Fas as I know, Ellipal Titan has a closed source firmware. Any thoughts on this please, wich one would be better selection?

@boboleary6607 11 месяцев назад

I just bought an Ellipal. First moved vet on to it. Took hours for my tokens to appear. Next moved Stellar, three transactions, first two appear I'm still waiting for the third to show up 15 hours later. Plus their support is not good. I hope you didn't buy one.

@pkavics9182 11 месяцев назад

@@boboleary6607 Thanks a lot for letting me know. Nope, I've decided to keep my Ledger for now. In the future, I will go with Keystone probably, as Ellipal is not open source, that's also a bit of red flag for me.

@PeeedaPan Год назад

wish you had covered coldcard. Also, Ledger is looking a little more suspect now after they announced their recovery service which seemingly confirms that they can get your recovery phrase off the ledger device despite the secure element chip

@jamesthompson3099 Год назад

I do not work for Ledger but I think you misunderstand the recovery program. It uses a fully encrypted backup that is then separated into three parts and stored with three independent servers. Two of three are needed to recover the coins. Ledger does NOT get your phrases or anything else from your Ledger wallet. They presented it very poorly. Please Google "Shamir's Secret Sharing" to see the method they are using. The actual downside, which Ledger admitted to, is that if the government shows up with a warrant, Ledger may be obligated to retrieve the keys from storage providers and give them to the government. If you are worried about that, yes, this would not be a good solution. Of course the government can just come to your door and demand your recovery phrase and you either turn it over or go to prison so there's that. If you have written it down, it is a seizable document. Ledger was just trying to create a secure place to store the phrase where it would not get lost or destroyed.

@ziaul4u Год назад

You forgot Safepal

@dasshape00 Год назад

Atomic wallet is easy wallet to use. But im worried about it now.

@Josh-py9rq 10 месяцев назад

Yeah do not use atomic soo many people have lost everything on that wallet. But the same could be said with metamask lol

@rickp7184 Год назад

Can you please help me getting unsupported xrp off of my coinbase wallet to xumm

@CryptoDad Год назад

How to Transfer XRP Using Destination Tags: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-FrhIvHJ7Oqs.html Hope this helps!😃

@Ematuresco Год назад

@@CryptoDad hi CD, where s the safest cold wallet, the Bitbox02 ? Greetings from Europe

@boboleary6607 11 месяцев назад

I recently bought an ellipal and I regret it. Sent stellar to the wallet in three transactions. the first two appear in the wallet, the third does not even after a day. I checked the block and the tokens are all there. Any idea how to get all my tokens off the block and into the wallet? Once I recover my tokens I'm done with the ellipal. Nice idea but this flaw is unacceptable. Thanks I hope you can help me.

@CryptoDad 11 месяцев назад

Probably just going to have to wait a few days and see if that last transaction shows up. And then simply do an outgoing "send" if you want to empty out the wallet. Worst case scenario, you can take the backup phrase of the Ellipal and use it to restore a different wallet, such as a ledger or a Trezor. I'm assuming from there you'll have full access to all of the wallets that you generated using the Ellipal.

@boboleary6607 11 месяцев назад

@@CryptoDad thank you for the reply I have have an old nano s I don’t use anymore. Perhaps Incan just use that to restore your he wallet. Appreciate you and your channel.

@nitrohanktoursamerica5047 Год назад

Neither Ledger or Trezor should be getting high marks in security.

@CJC347 Год назад

This video was posted before the recent ledger news

@thinkblue8089 Год назад

how many people have lost crypto on these hardware wallets?

@sweetmoney4u Год назад

@@CJC34799⁹😂

@jackielay6134 Год назад

Fees is too much

@simr1277 Год назад

Rabby wallet is a great alternative to metamask, Infact I would say it's far superior to it...

@CryptoDad Год назад

Thanks for that. Just checked out Rabby, looks cool. I should probably do a setup video for this wallet.

@dongshengdi773 Год назад

@@CryptoDad The real winner is SafePal wallet Owned by Binance $50 only with screen and camera

@lilbfrom094princeton8 Год назад

Ledger and Tangem wallets are the way to go. SD cards that require a pin are also a good solution if you know how to use them in storing phrases.

@rudolfnn Год назад

After #LedgerRecover I guess Ledger not anymore, Tangem it is now

@lilbfrom094princeton8 Год назад

@Rudolf *Decent and Tangem wallets. I said Ledger but I meant Decent.

@WillS-pl8wg Год назад

In your opinion,what’s the easiest wallet to use,for non techies per:se?? Thanks in advance.

@TennesseeEcoman 11 месяцев назад

@@rudolfnnwhat happens when tangem website shuts down then no app. How would u retrieve crypto with no keys to insert in new cold wallet? 🤔

@goldeneagle8259 10 месяцев назад

@@TennesseeEcoman it's open source, somebody will make a new app to retrieve it.

@asteriskesque Год назад

How does a user know FOR SURE that nobody at Tangem or Ballet saved a list of addresses and keys for the wallets they made? I'd give that kind of security an F. There's no way to be 100% sure nobody at the company kept the address and key for your card, and if you lose the cards your coins are gone. With a hardware wallet, especially an open source hardware wallet, you know the addresses and keys were generated on the device with no chance of malicious code sharing or stealing that info, and you can back up your seed in a safe so that even if the device gets lost, stolen or damaged, your crypto is secure and can be recovered.

@unsignedmusic Год назад

The Ledger gets an “A” for security?!? It’s not open source and it has a backdoor! “F”

@jamesthompson3099 Год назад

No back door that anyone is aware of. If you are referring to the new recovery plan, that is not a backdoor. The only security problem was the government demanding the shards and Ledger having to collect them and turn them over. The government can also just come to your house and do the same thing so there's that.

@unsignedmusic Год назад

@@jamesthompson3099 Having the private key going of the device, in shards or not, is a backdoor. If the government came to my house for my private keys, they would have to torture it out of me.

@jeanbobbb Год назад

After the Ledger horror I'm just gonna go throw it all back on an Exchange.

@Tom-gf9js Год назад

Muahahahaha …. 😂😂😂 yeah, me too !

@Methuselah969V Год назад

I hope that is a joke

@Aaron-gm5tr Год назад

This is definitely sarcasm 🤣🤣🤣 but the best kind!

@Aaron-gm5tr Год назад

but in all seriousness I just ordered a Trezor T... I'll hold on to the ledgers once they make there code open source and it passes multiple smell tests... but after this and the Davos group stuff I dunno....

@DanielNeubauer Год назад

@@Aaron-gm5trTrezor is not more secure unfortunately.

@unsignedmusic Год назад

Ballet is just a paper wallet.

@jamesthompson3099 Год назад

well, it's made of metal but it is a BIP-38 wallet and you can do that on paper if you want. You can also write down your private and public keys on aper and have the same thing.

@Hmmm313 Год назад

JUST GET A LEDGER BOYS…

@dongshengdi773 Год назад

The real winner is SafePal wallet Owned by Binance $50 only with screen and camera Free shipping

@TongueJedi Год назад

This didn't age well

@goldeneagle8259 10 месяцев назад

@@TongueJedi why? cos not open source?

@TongueJedi 10 месяцев назад

@@goldeneagle8259 because they made your seed open source for themselves

@Hmmm313 Год назад

I HATE METAMASK…SOO CHEESY

@ashtonal Год назад

WhAt about Tangem? NFC is one of the easiest protocol to crack, how can they pretend it is super secure

@jamesthompson3099 Год назад

Because the data being transmitted is securely encrypted. They do advise keeping the card in a NFC proof cover. You also have to be quite close to intercept the data and you shouldn't be using it in public.