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🥶 COLD WALLETS

Cold wallets like Ledger, Trezor, SafePal, and ELLIPAL are designed for long-term crypto storage. These wallets are ideal for securing large amounts of cryptocurrency that you don’t plan to use frequently. Let’s dive into the top models! 🙂

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Let’s review some of the most popular models

1. Ledger — a leader in the hardware wallet market. Released in 2016, the Ledger Nano S became one of the most popular devices for securely storing cryptocurrency. The Ledger Nano S Plus and Nano X offer improved features, like support for more cryptocurrencies and enhanced interfaces.

Models: Ledger Nano S, Ledger Nano S Plus, Ledger Nano X

Statistics: Ledger has sold over 6 million devices worldwide, becoming one of the largest suppliers of cold wallets.

➕Pros:
High security: private keys never leave the device.
Broad asset support: over 5,500 cryptocurrencies.
Bluetooth (Nano X): convenient for mobile users.
🔤Cons:
Price: starting at $59, with the Nano X model priced around $149.
Limited memory (Nano S): doesn’t allow storing many applications at once.

2. SafePal offers affordable cold storage solutions popular among users for their low price and high security.

Models: SafePal S1, SafePal X1, SafePal S1 Pro

Statistics: SafePal has over 15 million users globally, with active support from Binance and high mobile app download volumes.

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Pros:
Affordable price: SafePal S1 costs around $50.
Broad token support: over 30,000 tokens and 100+ blockchains.
Fully offline: operates without internet and Bluetooth.
Bluetooth (X1): Unlike S1, SafePal X1 supports wireless connectivity, making it more convenient for mobile users.

🔤Cons:
Price: SafePal X1 is more expensive than S1 but remains affordable compared to Ledger and Trezor models.

3. Trezor was one of the first on the cold wallet market. Model One is a basic version, while the Model T offers a touchscreen and additional security features.

Models: Trezor Model One, Trezor Model T

Statistics: Trezor has sold over 1 million devices. These wallets are widely used for their openness and reliability.

➕Pros:
Open-source: actively supported and audited by the developer community.
High security: supports mnemonic phrases for recovery.
DeFi and dApp support (Model T).

🔤Cons:
Price: Model T costs around $219, higher than the market average.
Limited token support (Model One): supports fewer tokens compared to competitors.

4. ELLIPAL is distinguished by its full network isolation (air-gapped) — the device works via QR codes and never connects to the internet, making it one of the most secure solutions for cold storage.

Models: ELLIPAL Titan, ELLIPAL Titan Mini, ELLIPAL Titan 2.0

Statistics: ELLIPAL is quickly gaining popularity, nearing 1 million users.

➕Pros:
Fully autonomous: doesn’t connect to networks, USB, or Bluetooth.
High security: metal casing and anti-tamper protection.
Staking and DeFi support.

🔤Cons:
Bulkier: ELLIPAL Titan is larger and heavier than other wallets.
No Bluetooth or USB: some users may find this less convenient.

➡ For the TON blockchain, options for cold storage are available. Two of the most popular hardware wallets already support the TON blockchain — Ledger and SafePal.

ℹ While cold wallets are nearly immune to hackers, they’re vulnerable to other risks like physical loss of the device or forgetting the recovery phrase. Statistics show that over 20% of all Bitcoins are irretrievably lost due to lost keys and recovery phrases.

✔ A solution is to create backups and store recovery phrases in secure locations, such as bank vaults or encrypted USB devices.
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