Ledger's Reputation: Ledger, the world's most famous crypto wallet company, is currently facing a lot of scary information circulating around them, which has made me second guess where I store my crypto.
Tangem Wallet: Starting with the Tangem wallet. This cold wallet takes the prize on many levels. It's the most secure crypto hardware wallet with the highest security standard, it's the cheapest wallet around these prices, and the wallet does not use a seed phrase. Instead, there are multiple backup cards where if you lose just one card, and you still have one of the backup cards, you can still access your crypto. Tangem wallet currently supports 12 plus network chains with thousands of crypto tokens. It's extremely easy to set up and use. This is for sure the easiest one I have ever used. And to verify transactions, just bump the card to your phone and add a password or biometrics to verify.
Onekey Wallets: Now to the Onekey wallets. I have both reviewed the Onekey classic and Onekey touch. The classic currently costs around 89 dollars. It's a very slim device. Onekey touch is on the expensive side, currently around 249 dollars. But that is because the touch has the NFT display in focus with its remarkable screen. Yes, the screen is actually as pretty as it looks. Perfect for showing off your NFTs. However, for both these wallets, the Onekey app and its functionality and utility are incredible. It supports 43 network chains, in-app swap, in-app bridging, and with a ton of settings that can be adjusted. Fee settings, slippage tolerance, ability to add tokens yourself, they have social features with news and a ton of other stuff in the app. Onekey is also the only crypto wallet company invested by Coinbase.
SecuX V20 Crypto Wallet: And lastly, the SecuX V20 crypto wallet, which currently costs around 139 dollars. It has a unique design, uses a seed phrase, USB charger, Bluetooth connection to mobile. It currently supports the Ethereum and Bep-20 smart chain network and some other traditional crypto. It got the DeFi application connection like the rest of these wallets.
Comparing the Wallets: Now let's start comparing these wallets. In my opinion, it comes down to the Tangem wallet and the Onekey wallets. Both of these I think are extremely much better than the Ledger devices. Easier, cheaper, more functions, a ton of network chains that support thousands of tokens to choose from. Better in all regards. The SecuX V20 and its app, I don't think are on the same level, only supporting two multi-token networks, was not that easy to use, and the price tag is much higher than the Tangem and Onekey classic. The Onekey touch is the most expensive one, and I believe it should mainly be focused on those super interested in NFTs, the ones who want to show off their NFTs. It is very beautiful though. But in terms of these aspects in relation to the price tag, it comes down to the Tangem wallet and the Onekey classic for me.
Safety First: Firstly, the security aspect, which is probably the most important one for most people. In my opinion, the Tangem wallet wins here by a long shot. Aside from it having the highest security standard, it is pretty much indestructible, waterproof, dustproof, bendproof. I mean, for almost any other crypto wallet device, there is a display screen, there are delicate electronics inside, so if the screen gets smashed, it gets water inside, you drop it on the ground, they may all be destroyed. That is not a risk for the Tangem wallet. But the most clever part for the Tangem wallet is that it uses no seed phrases and instead these multiple backup cards that can be stored separately, just as you would store your seed phrases for any other wallets. However, if someone finds your seed phrase paper, they could potentially get access to your crypto, but if someone finds your Tangem backup card, they would still not be able to access your crypto since they would still need passwords and security steps to do so. Eliminating the seed phrases and using the durable Tangem wallet is currently the safest way to store crypto in my opinion.
Utility and Functionality: The second aspect is utility or functionality. Here, I think the Onekey classic definitely wins. The Onekey app is so good, so many functionalities. 43 Network chains and so many settings: in-app swap, bridge, socials. If I did not have a computer and only a mobile phone to do all my crypto stuff on, I would utilize the Onekey app in combination with a Onekey wallet. Because I would get so many features and access to crypto stuff just through their app. I don't see any other crypto wallet hardware or online having this much utility like the Onekey app does.
Ease of Use: And the last aspect is easy to use. Here, the Tangem wallet wins because of its simplistic user interface, no charging needed, no Bluetooth, nothing, and I love that. When it comes to storing valuable stuff, less is more for me. Setup took one minute. It is so much faster and easier compared to a Ledger device and any other traditional hardware wallets.
Conclusion: Alright, it's time to choose a winner. I'm looking for the safest way to store my crypto, and it also so happens to be the easiest and the cheapest way to do it by using the Tangem wallet, which is my winner.
