Overview
Coldcard is a highly secure, Bitcoin-only hardware wallet designed for Bitcoin users who prioritize maximum security and privacy. Coldcard combines a focus on air-gapped functionality with advanced features, such as multisig support and robust backup options. It enables transactions without ever exposing private keys to a computer or internet-connected device, making it a favorite choice among security-conscious users.
Pros
– Exclusively made for Bitcoin, the wallet ensures optimized security for the world’s leading cryptocurrency.
– Air-gapped security allows transactions to be signed without connecting the device to a computer, reducing the risk of hacks and malware.
– Compatible with multisig wallets, enabling advanced security setups.
– Offers robust backup options, including encrypted microSD backups for securely storing recovery phrases.
– Advanced privacy features with support passphrases and optional duress wallets for additional protection.
– Open-source firmware ensures trust and the ability for users to verify the code.
– Compact and built for durability
Cons
– Supports only Bitcoin
– Advanced security features and setup processes may be challenging for new users unfamiliar with hardware wallets.
– With no mobile or desktop app, it relies on third-party wallet software for interaction, which could add complexity.
– High price compared to other hardware wallets