When it comes to securing your bitcoin, choosing the right hardware wallet is crucial. At UTXO Dreams, we focus exclusively on bitcoin-only hardware wallets. Unlike wallets that accommodate various digital assets, bitcoin-only wallets have a reduced surface area for cyber attacks and other security risks, providing enhanced protection for your holdings.
We also only sell open-source wallets. Open-source wallets allow the community to verify their functionality, ensuring transparency and trustworthiness. This is why our selection includes only the BitBox02, Blockstream Jade, and Coldcard Mk4. Each of these wallets meets our stringent standards for security, reliability, and user trust.
To help you decide which hardware wallet is right for you, we've compiled 3 comparison tables. The first table summarises the key attributes, while the second provides a detailed feature-by-feature comparison. Finally, the third table provides some scenarios to help you choose the right wallet for you. Whether you are a beginner or an experienced user, these tables will guide you in choosing the wallet that best fits your needs.
Summary Comparison of Bitcoin-only Hardware Wallets
| Feature/Functionality | BitBox02 | Blockstream Jade | Coldcard Mk4 |
|---|---|---|---|
| Security | Good | Good | Best |
| Ease of Use | Easy | Moderate | Moderate |
| Privacy | Best | Good | Best |
| Price | Mid-range | Inexpensive | Mid-range |
| Beginner Friendliness | High | Medium | Low |
Detailed Features Comparison of Bitcoin-only Hardware Wallets
| Feature/Functionality | BitBox02 | Blockstream Jade | Coldcard Mk4 |
|---|---|---|---|
| Backup Options | Reliable | Basic | Extensive |
| Firmware Updates | Regular | Regular | Regular |
| Multisig Support | Yes | Yes | Yes |
| Compatibility | High | High | High |
| Display Quality | Clear | Clear | Basic |
| Air Gapped | No | No | Yes |
| Camera | No | Yes | No |
| Battery | No | Yes | No |
| NFC Available | No | No | Yes |
| Companion App | Yes* | Yes | Yes** |
| MicroSD | Yes (Included) | No | Yes (Not Included) |
| Country of Origin | Switzerland | USA | Canada |
* Only available for Android
** While not provided by Coldcard, the Nunchuk App works very well with the Mk4
Simplified Hardware Wallet Fit Scenarios
| Wallet | Scenario |
|---|---|
| Blockstream Jade |
Looking for an affordable first hardware wallet to secure your bitcoin and get it off an exchange. Not looking for any enhanced features or functionality just a basic wallet that has a companion mobile App. The Jade also makes a good extra wallet when setting up a multi-sig arrangement. |
| BitBox02 |
Great if you are looking to spend a little more for a more streamlined user experience. It's the "Apple" of Bitcoin-only wallets with a sleek design and easy to use desktop companion. Lends itself to showing your spouse or significant other how to access your Bitcoin stack. |
| Coldcard Mk4 |
The most security conscious wallet. Requires more skill to use and sacrifices some "simplicity" and user friendliness for maximum security. Requires a level of technical expertise to operate effectively. Very feature rich. |
Still not sure which wallet is right for you? Contact us and we'll help you out.
Remember
- Store Securely
- Keep your hardware wallet in a secure area.
- Store your wallet separate from your seed phrase.
-
Protect Your Seed Phrase
- Never share your seed phrase with anyone.
- Never take a photo of your seed phrase or store it on your phone.
- Never store your seed phrase on a cloud service.
- Never enter your seed phrase into any online service.
- Backup Regularly
- Ensure you back up your wallet properly.
- Firmware Updates
- Keep your wallet’s firmware up to date to maintain security.
- Practice Restoration
- Practice restoring your wallet storing large amounts of bitcoin on it.
These tips will help ensure the security and longevity of your bitcoin holdings.