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This bear market has caused many on-chain DeFi protocols to collapse, and many industry veterans suggest everyone keep their funds in reliable CEXs or hardware wallets.
But be cautious with hardware wallets as well. If you can buy it yourself, do so. If someone gives you a hardware wallet, and it’s not directly shipped from the official source, don’t accept it lightly, as there have been scams involving free Ledger wallets.
When purchasing a hardware wallet, I recommend buying directly from the official website and spending a little money. Don’t be overly greedy for small bargains, and avoid buying from third-party stores on JD.com, as you might get scammed.
Last year, I managed to get a few hardware wallets: KeyStone, OneKey, and the Safepal hardware wallet given with a U-card—all directly shipped from the official sources, and I never handled them myself.
Additionally, once you receive a hardware wallet, you should verify its firmware version to ensure it hasn’t been tampered with or embedded with malicious backdoors.
Currently, the main hardware wallets I use are from the following brands (in the order I acquired them):
1⃣ KeyStone Hardware Wallet — Good build quality, high specs, supports a variety of wallets, rated 4 stars; ease of use 3 stars; price 4 stars. It’s a cost-effective hardware wallet.
Historical review:
Official store:
2⃣ OneKey Hardware Wallet — Complete product line, options include 1S Pure, 1S Classic, Pro, etc. Supports a variety of wallets rated 4 stars; ease of use 5 stars; price 4 stars. It’s a high-value, versatile hardware wallet.
Historical review:
Pure+Lite backup card:
Pro+1S Classic:
Official store (link with invitation, 5% discount):
3⃣ Safepal Hardware Wallet — The easiest entry point. You can get a basic model by paying $5 shipping with a U-card. Supports a limited number of wallets, rated 2 stars; ease of use 2 stars; price 5 stars; U-card 4 stars. Basically, this wallet is best for storing funds, as the S1 costs only $49.9, and the S1 Pro is just $89.9.
Historical review:
Official store:
4⃣ Ledger Hardware Wallet — Also has a full product line, but the entry barrier is higher. The Nano S Plus, with no extra features, costs $59; the top-tier Stax costs $399. Shipping to China isn’t straightforward; it requires forwarding, and there’s a risk of customs seizure. I didn’t buy one until last year, when I asked Yuki to help receive it from Hong Kong and bring it back (not an ideal method, but I trust Yuki because she’s good-looking and trustworthy).
Supports a variety of wallets rated 5 stars; ease of use 4 stars; price 2 stars.
Historical review:
Official store (link with invitation):
If you’re just storing coins, all of these wallets can meet your needs without buying expensive models—they’re all reasonably secure.
For combined interaction and security, I personally recommend the OneKey wallet.
As for collecting, that’s another story.