Reviews — 13 wallets

Every wallet we've graded

Eight hardware devices and five self-custody apps, each scored on the same four axes and each carrying the date we last verified it. No sponsored placements, no invented benchmarks.

  • 13 Wallets reviewed and graded
  • 40% Weight given to security architecture
  • 25% Weight given to interface quality
  • 0 Paid placements, ever

The full ranking

Sorted by our weighted grade. Bear in mind that the top of this list is not automatically the right purchase for you — the Coldcard scores highest largely because security architecture carries the heaviest weight, and it is also the least approachable device here. If you are buying your first wallet, the sweet spot is usually two or three rows down.

All 13 wallets — weighted grade Last verified September 2026. Prices are the makers’ own published RRP; NZD figures are indicative landed estimates including GST, not quotes.
Wallet Our gradeMaker RRPNZ landedKey storageInterface scoreBest suited to
Ledger Nano S Plus Ledger · official site A 8.8/10 US$59 NZ$99 at GROOV ST33K1M5, CC EAL6+ 8.9 Cheapest credible cold storage available in NZ today
Trezor Safe 5 Trezor (SatoshiLabs) · official site A 8.5/10 US$169 ≈NZ$330 landed EAL6+ certified 8.6 Auditable firmware with a modern touchscreen
Keystone 3 Pro Keystone · official site A 8.3/10 US$129 ≈NZ$255 landed Three secure element chips 8.1 True air-gap without giving up a phone-sized screen
BitBox02 Shift Crypto (Switzerland) · official site A 8.2/10 CHF 149 (Multi) ≈NZ$330 landed Dual chip + secure element 8.4 People who want Swiss engineering and microSD backup
Blockstream Jade Plus Blockstream · official site A 8.2/10 US$149 ≈NZ$290 landed No SE — blind oracle design 7.4 Bitcoiners who want open hardware, stocked locally
Trust Wallet Trust Wallet · official site BBB 8.0/10 Free Free (0.85–1% swap fee) Device keystore 8.8 Broadest chain coverage in one mobile app
Coldcard Q Coinkite (Canada) · official site AA 7.9/10 US$239 ≈NZ$465 landed Dual secure elements 6.3 Serious Bitcoin-only holders and multisig builders
BlueWallet BlueWallet · official site A 7.9/10 Free Free (network fees only) Device keystore 8.0 Bitcoin spending, Lightning and watch-only vaults
Exodus Exodus Movement · official site BBB 7.8/10 Free Free (spread on swaps) Device keystore / Secure Enclave 9.4 The best-looking desktop wallet, for everyday balances
Tangem Wallet Tangem AG · official site BBB 7.6/10 US$55 (2-card) ≈NZ$115 landed EAL6+ certified 9.2 Absolute beginners who will never manage a seed phrase
Phantom Phantom Technologies · official site BBB 7.6/10 Free Free (0.85% swap fee) Device keystore 9.3 Solana-first users and NFT collectors
MetaMask Consensys · official site BBB 7.2/10 Free Free (0.875% swap fee) Device keystore 7.6 DeFi, dApps and anything EVM
KeepKey KeepKey / ShapeShift · official site BB 4.6/10 US$49 (when stocked) Not reliably stocked None 5.4 Nobody buying new in 2026

Hardware — 8 devices

Hardware wallet reviews

Dedicated signing devices, where the private key is generated inside a secure chip and never touches an internet-connected machine.

A 8.8
Ledger Nano S Plus Ledger

The most widely stocked hardware wallet in New Zealand, with the slickest desktop and mobile app in the category.

US$59 NZ$99 at GROOV
Read the review →
A 8.5
Trezor Safe 5 Trezor (SatoshiLabs)

The best balance of open-source auditability and a screen that non-technical people can actually read.

US$169 ≈NZ$330 landed
Read the review →
A 8.3
Keystone 3 Pro Keystone

The most convincing air-gapped multi-chain signer: no cable ever touches your computer.

US$129 ≈NZ$255 landed
Read the review →
A 8.2
BitBox02 Shift Crypto (Switzerland)

Quietly one of the best-built devices on the market, with the cleanest desktop app of the open-source group.

CHF 149 (Multi) ≈NZ$330 landed
Read the review →
A 8.2
Blockstream Jade Plus Blockstream

A genuinely different security model — and the one Bitcoin-only device with a real New Zealand supply chain.

US$149 ≈NZ$290 landed
Read the review →
AA 7.9
Coldcard Q Coinkite (Canada)

The most paranoid device you can buy, and the least forgiving interface — that trade is the whole point.

US$239 ≈NZ$465 landed
Read the review →
BBB 7.6
Tangem Wallet Tangem AG

The friendliest onboarding in cold storage, undercut by an unpatchable laser fault-injection finding published in July 2026.

US$55 (2-card) ≈NZ$115 landed
Read the review →
BB 4.6
KeepKey KeepKey / ShapeShift

A historically important device with no secure element and no meaningful roadmap — we do not recommend it for new buyers.

US$49 (when stocked) Not reliably stocked
Read the review →

How we work

What goes into a grade

The same four axes apply to every product, and the weightings do not change to suit a conclusion.

40%

Security architecture

Key isolation first — can the signing key ever be read by a networked device. Then chip protection and its Common Criteria assurance level, firmware auditability, the breadth of the attack surface, whether firmware can be patched at all, and how the maker handles vulnerability disclosure. A vendor that has never published an advisory is not safer, only quieter.

25%

Interface and companion apps

Address verification, network selection, fee clarity, transaction previews, recovery flow, and how the software behaves when something goes wrong. We weight this heavily because the losses we read about are overwhelmingly verification failures rather than cryptographic ones.

20%

Value for money

What you get relative to the price, judged against the alternatives at that price point rather than in the abstract. A NZ$99 device with an EAL6+ secure element scores extremely well here; a NZ$780 device whose advantage is a larger screen does not.

15%

New Zealand availability

Landed cost including GST, whether anyone stocks it domestically, realistic delivery time to a Kiwi address, the warranty route, and whether the Consumer Guarantees Act applies. This is why some globally celebrated devices grade lower here than they do overseas.

Independence

Nobody pays for a position

No wallet maker sponsors a review, buys a slot in a table, or has any input into a grade. Some pages link to a third-party exchange as one way to fund a self-custody wallet; those links are marked nofollow and have no bearing on any rating here. Full detail on the methodology page.

About our reviews

How these reviews work

How do you rate wallets on this site?

Four weighted axes. Security architecture at 40% — key isolation, chip certification, code auditability, attack surface and whether firmware can be patched. Interface and companion apps at 25%, because verification failures cause more losses than broken cryptography. Value for money at 20%. New Zealand availability at 15%, covering landed cost, delivery, warranty route and whether the Consumer Guarantees Act applies. The methodology page sets out the scoring in full.

Do wallet manufacturers pay for these reviews?

No. No manufacturer pays for placement, position or a grade on this site, and no rating has ever been changed at a vendor's request. We buy or use the products, read the firmware release notes and security disclosures, and check local pricing and availability ourselves. Where we cannot verify something, we say so on the page rather than repeating a marketing claim.

How often are these reviews updated?

Prices and availability get checked roughly monthly, and every comparison table carries the date of its last verification. Reviews are revised whenever something material changes — a new model, a firmware release that alters the security picture, or a published vulnerability. The July 2026 Tangem laser fault-injection disclosure and the January 2026 Ledger Global-e breach both triggered rewrites of those reviews.

Which wallet review should I read first?

If you are buying your first hardware wallet, read the Trezor and Ledger reviews and pick between them — they are the two we would put in most people's hands and the decision comes down to open firmware versus local availability and app quality. If you hold only Bitcoin, read Blockstream Jade and Coldcard. If you want a phone app, start with Phantom or Trust Wallet.