A cryptocurrency wallet that is in cold storage, i.e. not connected to the internet.

Cold wallets


Cold wallets are specifically designed offline devices that are designated physical cryptocurrency storage

In layman’s terms, cold wallets are basically physical devices that store cryptos inside of them.

Cold wallets are also considered to be the staple of security when it comes to safely storing cryptocurrency.

When thinking about appropriate crypto storage wallets, security should be your number one priority and when a user’s number one priority is security, cold wallets definitely do come in mind.

Advantages of Using Cold Wallets

  1. Travel friendly: One of the biggest benefits that the cold wallets provide its users is that one can have their cryptos beside them – wherever they go.

   Because these wallets are usually very small and compact, which enables both comfort and discreteness whilst transferring or even simply carrying them around.

  1. Impenetrable: Cold storage wallets, however, are popularly known for being impenetrable. 

   The fact that user’s codes are going to be nowhere else but only in that little device surely offers a huge feeling of peace and calmness.

Disadvantages of Using Cold Wallets

  1. Expensive: Cold wallets tends to be a little expensive especially for beginner traders.

 A typical price tag for a cold wallet is around the $150 mark – depending on how much crypto coins the user has; this could range from being dirt-cheap or extremely expensive.

  1. Limited Variety: Most of the cold wallets present in the market out there are only able to store the main crypto coins, such as Bitcoin, Ethereum, etc.

Types of Cold Storage Wallet Devices

  1. Keepkey
  2. Trezor
  3. CoolWallet S
  4. Ledger Nano S 

Cold Wallet


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कोल्ड स्टोरेज वॉलेट डिवाइस के प्रकार

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  2. ट्रेजर
  3. कूलवलेट एस
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