Crypto wallets are physical or digital place to store your private keys, allowing you to safely access, receive, and send your cryptocurrencies. You cannot access your blockchain and conduct cryptocurrency transactions without a private key. Unlike a normal wallet, a crypto wallet does not hold currency. Instead, your holdings are live on the blockchain, and the key to access it is stored in the crypto wallet.
Currently, there are 82 cryptocurrency wallets that come in three types. You can use a paper wallet (password keys written on paper and stored in a safe), hardware wallets (password keys stored in a thumb drive), and online wallets (password keys stored in an app or software).
This blog will discuss what crypto hardware wallets are and why you should buy one from the Best Buy marketplace.
What Crypto Wallets Are Available for Buying On Best Buy?
Best Buy offers various crypto hardware wallets, so you can purchase one according to your requirement. Those options are:
Ledger Nano S Wallet and Pod
Ledger Nano S is one of the securest crypto hardware wallets with a certified chip (CC EAL5+). This chip is designed to withstand even sophisticated attacks, making your valuable assets secure at all times. You can buy this crypto wallet from Best Buy at $59. Meanwhile the pod is available for $33.
Using Ledger Nano S, you can keep your private key offline and protected at all times. You can buy the wallet device with the pod. You can also place your Ledger Nano S wallet in the Ledger Nano S Pod to protect it from water, fire, and other harsh elements.
How to Use Ledger Nano S?
You can set up the Nano S crypto wallet by following these steps:
- Connect the Ledger Nano S to your computer using the USB cable
- If there is a PIN code, contact the Ledger support team. Otherwise, keep following the steps
- Press the left and right buttons on the device to start a new setting, this will display the “Choose PIN code”
- Press the left or right button to choose the first digit
- Press buttons together to set a 4 to 8 digits
- Select the checkmark by pressing both buttons to confirm the PIN
- Reenter the PIN for confirmation
- Generate and note down the recovery phrase
- Connect with the USB port, insert the PIN, and transfer the private key to access your blockchain
Pros and Cons
The main advantages of Ledger Nano S are:
- It is relatively cheaper
- It is secure
- It supports various cryptocurrencies
The setbacks are:
- Limited app storage
- Display issues
- Lacking mobile support
Features
- Windows, iOs, Linux, and Android compatible
- Micro-USB Type B
- 1-year warranty
Customer Reviews
According to customer reviews:
- The Ledger Nano S manual is very helpful in setting the device
- It is very intuitive and affordable
- It allows you to save up to 3 three discounts at the same time
- Unfortunately, the customer support offered by Ledger fails to the meet the customer’s requirement. The company does not offer phone support for security reasons. However, customers reaching out to Ledger’s social media and email help center failed to receive an adequate response.
Ledger Nano X Wallet and Pod
Ledger Nano X crypto hardware wallet is one of the best physical crypto wallet with the certified chip (CC EAL5+). Due to its extensive capacity, you can install up to 100 coin applications. It supports apps of more than 1,800 tokens. Best Buy offers Ledger Nano X at $149 and the pod at $39. You can invest in the pod to keep your wallet safe at all times.
How to Use Ledger Nano X?
To set up and use the Ledger Nano X, follow these steps:
- Connect the Ledger to the computer using the USB port
- Press the button to turn on the device
- Read the on-screen instruction and press the right button to proceed
- Click both buttons simultaneously till “Set Up a New Device” appears
- Set up the PIN and recovery phrase
- Connect the device to the computer and insert receiving or sending crypto wallet address
- Physically input the PIN on the Ledger for each transaction and wait for the transaction confirmation
Pros and Cons
The pros are:
- Manageable from a mobile device
- High security
- Supports 1500+ cryptocurrencies
- Comfortable design
The con is that it is more expensive than other crypto hardware wallets.
Features
- USB Type C
- Bluetooth supported
- Windows, iOs, Linux, and Android compatible
- 1-year parts and labor warranty
Customer Reviews:
According to customer reviews, the Ledger Nano X has these advantages and drawbacks:
- The Ledger Nano X easily connects with the phone app
- Its battery drains very quickly if you don’t turn off the power
- It is a tech-savvy device and can be difficult for people to set up and use
- It is secure for storing cryptos
- Some customers experienced a technical difficulty, as the device became unreadable
- Poor customer support
Ledger Nano S Plus Wallet and Pod
Ledger Nano S Plus is a perfect hardware crypto wallet for new crypto investors. You can use it on Web 3.0 to securely buy, grow, exchange, and manage cryptocurrencies and NFTs. The Ledger Nano S Plus wallet needs a USB cable to connect to the desktop. Meanwhile, Ledger Nano S Plus connects directly to the computer. The wallet is listed on Best Buy at $79, and the Ledger Nano S pod can be purchased at $39.
How to Use Ledger Nano S Plus?
These steps will help your use the Ledger Nano S Plus:
- Set up Nano S Plus as a new device by setting up a PIN and recovery code
- For transactions, connect your Ledger to a computer
- Code in the receiving or sending wallet address (according to transaction type)
- Insert the PIN and wait for the transaction to process
- Disconnect and securely store the wallet after the transaction is complete
Pros and Cons
The pros are:
- Supports 5,500+ crypto tokens
- Supports NFTs
- Automatic time-out after a period of inactivity
- Larger screen (128x74px)
The cons are:
- Expensive than Nano S
- No Bluetooth connection
- Not iOS compatible
- Cannot stake cryptos via Ledger Live
Features
- USB Type C connector
- EAL5+ security chip
- Compatible with Windows, macOS, Linux, and Android 7+
- 1-year warranty
Customer Reviews
Based on customer reviews, the Ledger Nano S Plus has gained the following verdict:
- It is very easy to use and set up
- It gives full control of cryptos
- It keeps your cryptos secure from cyberattacks
- Several customers also found bugs in the software
- Poor customer support
Billfodl Crypto Seed Phrase Backup Wallet
Billfodl is a stainless steel case made for protectively securing your hardware crypto wallet. It is fire, electric, and water-resistant. It costs $99 on the Best Buy marketplace.
How to Use Billfodl Crypto Seed Phrase Backup Wallet?
To use Billfodl Crypto Seed Phrase Backup Wallet:
- Open the provided pack of Billfodl character tiles
- Spell out the first four letters of your recovery phrase
- Slide the tiles back into the unit
- You can code 24-word seed phrases
Pros and Cons
The pros are:
- Durable
- Made with military-grade steel
- Very secure
The con is the high price.
Features
- Double-sided tiles
- Hacker-proof
- 2-year warranty
Customer Reviews
The online reviews of Billfold crypto seed wallet reveal:
- It is constructed from a quality metal, but some customers found a design flaw with a spring latch
- The keys are durable
- It is a good physical key for digital assets
Comparison of The Best Buy Hardware Crypto Wallets
The table below compares all the Best Buy listed crypto wallets, so you can easily choose the one that fits your needs.
| Ledger Nano S | Ledger Nano X | Ledger Nano S Plus | Billfold Seed Phrase Backup Wallet | |
| Price | $59 | $149 | $79 | $99 |
| NFT Support | No | Yes | Yes | Yes |
| Supported Coins (In Number) | 1,100+ | 5,500+ | 5,500+ | 0 |
| USB Connector Type | Type B | Type C | Type C | Does not need to be connected to a computer |
| Compatibility | Windows, Mac, Linux, Android, Apple iOS | Windows, Mac, Linux, Android, Apple iOS | Windows, Mac, Linux, Android, Apple iOS | – |
| Warranty | 1 year for parts and labor | 1 year for parts and labor | 1 year for parts and labor | 2 years for parts and labor |
| Colors | Black Limited Edition Colors: Green, Saffron Yellow, Flamingo Pink, Jade, Blue Lagoon, Transparent | Onyx Black, Blazing Orange, Cosmic Purple | Matte Black, Deepsea Blue, Ice, BTC Orange, Mystic White | Silver- stainless steel |
Why Is It Safe to Buy Crypto Wallets On Best Buy?
Best Buy is a Geek Squad Certified closed marketplace that provides the highest quality products to its users. It sells hardware crypto wallets procured from the manufacturing company. Therefore, you can rest assured that you will receive an authentic product. You can also check reviews on the items to make an informed decision.
What Is a Crypto Hardware Wallet?
Cryptocurrency hardware wallets are offline or “cold” storage to securely keep your private keys. These wallets come in the form of a thumb drive, and you have to keep them in a protected place. This will ensure your crypto account passcodes do not fall into the wrong hands.
You should protect your confidential keys in a hardware crypto wallet, as it is the safest option. This is because your wallet will not connect to the internet. As a result, hackers cannot attack and steal sensitive information. It is also safer than using a paper wallet, as you can easily displace, damage, or tear the paper.
How Does a Physical Crypto Wallet Work?
A physical crypto wallet resembles a USB stick, and you connect it to your computer. Then, crypto transactions are digitally signed from the computer by using the password stored in the wallet. Once the connection is established, upload the key to the blockchain via a crypto bridge to complete the transaction or show ownership of a blockchain.
What Is the Best Buy Marketplace?
If you are thinking about where to buy crypto hardware wallet, your first stop should be the Best Buy Marketplace. It is a closed online marketplace that provides a platform for third-party sellers to showcase their products and reach a bigger customer audience. This site has been operational for almost six years and lists new and refurbished items from different categories, such as electronic devices, appliances, and tech devices.
Best Buy is available in the USA, Mexico, and Canada. In addition to listing third-party seller items, Best Buy also sells its own line of products. All the third-party procured products have a tiny icon with the text “Marketplace Seller” to show the item does not belong to Best Buy. You will also see “Sold and Shipped by” with the third-party seller name, so you don’t confuse between vendors.
Why Trust Best Buy Marketplace?
Best Buy is a closed marketplace and only allows third-party sellers to list their products after completing a thorough vetting process. During the process, the sellers must submit extensive documents to prove that their refurbished products are according to expected quality standards. Sellers must also give a return policy, so customers can return the product if there is an issue with it.
Moreover, if you are not happy with a seller’s service, you can contact the Best Buy customer representative to file a complaint. In case the seller has gone against the rules, Best Buy will suspend the seller from its platform.
Wrapping Up
A hardware crypto wallet stores the private key that allows you to send, receive and invest cryptocurrencies. These wallets stay off the internet, so you don’t have to worry about hackers accessing your PIN codes. You can buy a hardware crypto wallet from the Best Buy marketplace. It has various original Ledger and Billfodl that you can safely purchase and use for up to 100 coin applications.
FAQs
Why do people use hardware wallets?
Most people use hardware wallets to store private keys due to their high security. This type of wallet stays offline, making it inaccessible to digital threats.
Where to buy ledger Nano S bitcoin hardware wallet?
You can only buy a Ledger Nano S and other Ledger wallets from Amazon and Best Buy. Best Buy is a Geek Squad Certified marketplace and the official selling partner of Ledger. Therefore, you should buy a Ledger wallet from this marketplace instead of a third-party vendor.
What happens if I lose my Ledger?
Even if you misplace your Ledger or lose access to your cryptocurrency, you can restore your crypto assets and funds by using the recovery phrase. You just need any hardware or software wallet that supports 24-word recovery phrases.
Does Best Buy provide crypto wallets through third-party sellers?
Best Buy allows third-party sellers to list their refurbished products on its marketplace. However, the Ledger crypto wallets are procured from the official company.
How long can I use a Ledger crypto wallet?
A fully charged Ledger crypto wallet lasts several hours and a few months in an idle state. You can charge the Battery through the USB port. However, you cannot replace the Battery. On average, one Ledger will last up to 5 years.
