Last Updated: November 12, 2021
If you’ve bought into the cryptocurrency craze that’s sweeping the planet, you need to get yourself a hardware wallet to secure your new coins.
Put simply, if you’ve got your crypto on an exchange you’re not in control of your fortunes and crypto is all about control. With this in mind, we thought we’d take a closer look at the best Crypto wallet deals Black Friday 2021 has to offer.
*Prices are subject to change
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Why buy a Crypto Wallet Black Friday deal?
A digital wallet means that you have the keys to your coins. However, if anyone else gets hold of your private key or seed code, they can clean you out and you’ll have no recourse or means of getting your crypto back. Disaster.
One of the best things about crypto is that it’s decentralized by that ultimately means you’re responsible for your tokens.
The only way to truly secure your cryptocurrency is to buy a hardware wallet, which puts another layer of security between your crypto and anyone trying to steal them from you. With a hardware wallet, you need to physically approve any access or transactions in your wallet. But hardware wallets do much more than that these days, enabling you to manage your assets in one user-friendly app as well as buying, selling, and trading.
What are the best Crypto Wallet deals this Black Friday?
The best hardware wallet that you can buy is the Ledger, which comes in two sizes, the Nano S and the Nano X. Both enable you to secure your crypto, but also buy, exchange, and trade all in the handy ledger Live app. What’s more, you can also stake certain crypto coins direct from Ledger Live, so you can actually earn a yield on your coins while they’re sitting in safety.
Crypto yields can give you huge returns – certainly much bigger than those you’ll get with Fiat. Staking rewards can total over 10%, which means your crypto fortunes will be growing as well as being secure.
The Ledger Nano S is the budget option that enables you to install three apps (depending on size). The Ledger Nano X is the big daddy of the two, with much more storage space. It gives you the capacity to install up to 100 apps, including ones for Bitcoin, Ethereum, Tezos, and Ripple, as well as hundreds of other altcoins. You can also use your Ledger device to secure your MetaMask web wallet.
Ledger currently supports over 1,800 different crypto tokens and if you’ve got a decent investment in crypto, or designs on getting involved, we’d highly recommend the Nano X. Coming in at 72mm x 18.6mm x 11.75mm and weighing just 34g, the pocket-sized USB device is compatible with PCs, macOS and Smartphones (iOS 9+ and Android 7+).
The best solution is to buy a Ledger Nano X as your main hardware wallet, with a Nano S as backup. If you lose your Nano X you can easily restore to your Nano S with the seed phrase you create when setting up your account.