So I'm a newbie here. I've got my BTC and XRP in an NGRAVE cold storage device for long-term holding, totally air-gapped. They’re working on swap options but for now, it’s all through a third party. In the future, I know they’ll be using smart contracts.
Now I’m on the hunt for another hardware wallet that has instant swap features for around 7 altcoins. Looking at some in the top 20 and a few in the top 100 like Virtuals Protocol, Aerodrome Finance, and Pyth Network.
I want something that’s user-friendly but still super secure. I'm really worried about Ledger having access to user seed phrases and possible hacks from firmware updates. So I’m not sure if I should be concerned about the Ledger Flex, especially since I know it works with the altcoins I want to move away from DEX.
Can anyone throw some recommendations my way? I’m after something safe, easy to use, and with hassle-free swap options, something that keeps my activity private.
Oh, and I’m in Europe.
What’s the best hardware wallet for my needs?
15 replies 278 views
paul.stakeHero Member
Posts: 651 · Reputation: 3798
#2Jul 3, 2025, 03:56 AM
I don't know anything about XRP, but I think the best option for custodying altcoins is Trezor as it is open-source and thoroughly reviewed. For bitcoin, there are great options for airgapped setup, like SeedSigner (preferred), ColdCard and Passport Core.
What do you mean "instant swap options"? If you already have an airgapped setup, what else do you need? If you need to frequently trade, then what you need is not a cold storage.
He can use another swap service like the one on Cake wallet for it. I have not used it before but I have seen some people recommended it on this forum and no one make complaints about it yet.
What he has to do is to provide his receiving address and the coin he wants to convert from and send it to an address the swap service will provide. He can still make use of the cold wallet. I think Trezor Suite also has swap service like this.
In NGRAVE, I can swap my tokens in coldstorage (XRP and BTC) directly from coldstorage via a third party that they work with.
I don't trade frequently with these 2. In fact XRP will never be sold and BTC will only be sold if we hit $150k this cycle. I will swap it for stables directly from coldstorage.
This airgapped device only supports some of the top 10 tokens and all ERC-20 tokens. So not most of the altcoins in the top 100 I mentioned.
I want to get these off of the exchange and swap them from coldstorage too.
On december 31st of 2025, the IRS in my country will start monitoring all balances across DEX'es in my country.
It is a direct attack on privacy. I need something safe that supports all of my altcoins, and allows trading stables.
cryptobridgeSenior Member
Posts: 221 · Reputation: 1481
#5Jul 3, 2025, 03:38 PM
Instant swap like these often comes with limitations, some that have instant swap don't have all coins. They do add coins by demand and not by top 20 like you said, the top 100 coins from market cap might not be top 100 from virtual protocol or similar service if there is one in any hardware wallet.
I'm not sure if there has been any leak of seed phrase from ledger or firmware updates that led to hacks. There were only reported exploit of mail address which happen some years back and that has nothing to do with any of the shipped wallets.
Scammers used the compromised mails try to phised seed phrases from people acting as ledger company. Some were even going physical to send mail to home addresses. You can read a thread I reported here, Fake Ledger physicial upgrade scam
It is just like saying ripple will get to $9 trillion. Do not always believe what you read on the news. I am not advising you but I am just saying.
Download Cakewallet and go through its swap service.
But if you need a reputed hardware wallet for something like this, get Trezor and use Trezor Suites with it. It is open source and support many shit coins.
Edit:
I thought you meant XRP will go $150, not knowing you are referring to bitcoin going $150000.
Yea, Trezor Suite has a swap service provider which enables users to swap from one coin to another. The service provider is 1inch Fusion and Invity. I have used cake wallet to swap from one coin to another and everything went smoothly. However, it's a software wallet and I think that OP is talking about a hardware wallet.
I don't think that cake wallet can be used to swap XPR because it's not listed in the wallet.
The addresses that you will provide does not necessarily need to be on Cake wallet. Cake wallet also has the QR code feature which you can use to scan the wallet address from another wallet as long as your device has camera. So this should not be of any problem.
I am not implying him to use Cakewallet, but to use just its swap service.
That is the wrong math, nearly always described with that argument.
If an XRP God candle prints, it will not come from a giant increase in market cap. It will come from an available supply shock.
Unlike BTC with fixed supply, XRP has a burn rate per transaction and supply will only decrease once it is integrated in the financial system.
If it is chosen for international settlements, it needs a very high price per token in order to succeed.
I do not believe that Ripple keeps building all these international ties if it is not going to be used.
But hey. We can agree to disagree. Let's find out in 5 years, and again 5 years later.
Airgapped wallets transactions need to go through third party, they are airgapped for a reason, security wise I believe, I have not used Ngrave hardware wallet before but since you said it is airgapped it is better to keep using it, because airgapped wallets are the best.
I have used Trezor and Ledger then abandoned the Ledger because of too many complains from users and later purchased Keystone wallet which is another airgapped hardware wallet.
You can swap altcoins and others in the wallet but not without the help of a third party app that works well with this wallet, like OKX, Backpack, Nexus, metamask and few others. My own focus is security and not swapping features, it cost nothing to move coins to a dex or exchange when it is time to sell.
Trezor is the best wallet for anyone. So, just buy one....
About isn't an swaps inside the wallet , they will always be more expensive and the software will charge high fees.
Use uniswap or cake swap or hyperliquid or just whatever other instant swap you want... dont use the swap from the trezor suite. It will be more expensive and most likely demand kyc.
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#12Jul 5, 2025, 01:17 AM
I prefer trezor for my hardware wallet use.
NGRAVEs website says they are compatible with Rabby and Metamask. You should be able to swap on DEXs by pairing your hardware device with one of these software wallets. The swap services built into the hardware wallets own application dont always give you the best rates. Even if they use smart contracts, you have to do it through their custom router which has additional costs. It is always preferable to use meta aggregators or DEXs with limit orders to get the best possible rate.
I dont have an NGRAVE, but based on the process shown on their website, the flow isnt too different from using other hardware wallets.
If you are swapping frequently, those extra fees charged when using a wallets built in swap feature add up. For example, a USDT to USDC trade on Trust wallet has a 0.70% fee while on DEXs, the typical fee for stablecoin swaps is only 0.01%.
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#15Jul 5, 2025, 02:48 PM
trezor does do some none kyc swaps.
I mine some doge and swap to btc on and off.
as long as my swap is 1000 doge I can do a non kyc swap for btc.
Trezor is good with small, non-KYC trades such as your 1,000 DOGE to BTC. Another option is ledger, although the interface of Trezor is easier. Swapping should always be checked on charges, limits and security.
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