April 3, 2018

KeepKey Hardware Cryptocurrency Wallet Review in 2018

Even though the KeepKey Hardware Wallet isn’t as popular as Trezor or Ledger, it’s still another option that you can use to store your cryptocurrencies offline in a cold storage state.

Most cryptocurrency experts will agree that hardware wallets are by far the most secure way to store your cryptocurrency. Because these wallets are offline in “cold storage”, they’re impossible for hackers or malware to reach.

There are also downsides of a hardware wallet such as the possibility of you losing it.

What stood out about the KeepKey wallet for me was the slick design and interface. The wallet has a large display screen to easily read account information and confirm transactions.

You can currently store Bitcoin, Litecoin, Dogecoin, Namecoin, Ethereum, and Dash on a KeepKey wallet.

It’s not as “flexible” as the other wallets when it comes down to the type of coins that you can store, but the company is working on updating their software to make it possible in the near future.

 

KeepKey’s main features

  • Bank-Grade Security that is Simple: KeepKey is the most secure bitcoin wallet available. It makes best-practice bitcoin security easy so that even your grandmother can protect her bitcoin wealth.
  • Backup and Recovery: During initialization, you are given the one-time opportunity to write down a backup of your KeepKey in the form of a twelve-word recovery sentence. If your KeepKey is lost or stolen, you can safely recover your device and its bitcoins without compromising the security of your private keys.
  • Virus and Malware Proof: Because KeepKey does not have an operating system, the layers that viruses, malware, and key loggers infect do not exist on the device. Using KeepKey gives you confidence that hackers can’t get to your bitcoins.
  • Multi-Currency Support: KeepKey not only supports Bitcoin, but also Ethereum, Litecoin, Namecoin, Dogecoin, Dash, and Testnet.
  • Works on PC, Mac, Linux, and Android: KeepKey is a USB HID-class device. That means, like a typical mouse or keyboard, drivers are not required. Plug in the provided premium USB cable, and your device just works: immediately giving you the highest level of bitcoin security.

 

Where to buy?

You can purchase KeepKey direct on their website.  You could also check out the Amazon version here. The price tag on Amazon is roughly $73 and comes with one day shipping for Prime members.

 

Is KeepKey Reliable?

KeepKey is a reputable company that follows the highest security standards to ensure the security of your funds. The firmware is 100% open-source, so any loopholes or ability to steal private keys would be exposed by the community.

All KeepKeys are tested and packaged in tamper-proof shrink wrap before being sent to you. There’s no way to open the box containing your KeepKey without breaking a security seal. You’ll know immediately upon receiving your wallet whether or not it’s been tampered with.

If your KeepKey is lost or stolen, you can rest easy knowing that your funds are still safe. The only way for someone to access your wallet is by entering your pin. Make sure to remember and save your recovery sentence in the event that you do lose your wallet. This is the only way to access your funds if your wallet is misplaced.

 

Keepkey’s support team

KeepKey has a solid support team and an extensive customer support section on their website. They provide a bunch of articles to help you through the sticking points you may encounter as you get comfortable using your wallet.

They’re also known for having quick response rate for all support tickets. Usually within 1-2 business days.

 

Final thoughts

Personally I love it. The design is amazing. The wallet is beautifully designed with a large screen that allows for a comfortable experience when performing important actions like confirming transactions. Matching the user experience of the wallet, the interface on the software client is uncomplicated and intuitive.

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Wilson

Wilson is a 3x Startup Entrepreneur. He is passionate about the cryptocurrency space. You can catch him tweeting about cryptocurrency often @itswilson8

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