Review on KeepKey Wallet by Temitope Babatunde
Keepkey Wallet A Secured Place To Store Your Digital Asset.
Keepkey hardware wallet was introduced into market by Keepkey company, which was established in 2015 with its capital in United States of America. In 2016 it acquired Multibit wallet and in 2017 shapeshift acquired it, though it still maintains the CEO in person of Darin Stanchfield.
Keepkey as hardware wallet is a little bit bigger than its competitors, but it's design is fine and good looking, it has support for over 40 coins. If it is new it will come with a seal in both end, the box will contain the hardware, a USB cable, a card to write your seed phrase and a leather case to store the card.
The Keepkey wallet has one button and it use second screen protection to secure it against keystroke spying. After buying it, the user will have to download the Keepkey client software and installed it on its computer then with the accompanied cable connect the wallet to the computer and set it up, by creating pin and write down your seed phrase.
Being an offline wallet doesn't make it 100 percent secured, so the user must also ensured physical security of the hardware so that it may not fall into the hand of unauthorized persons. The team at Keepkey still continue to improve the wallet and providing the adequate support for the users.
Pros
- It is hardware wallet, since it is offline most of the time it is not possible that hackers will hack it, unless the user is careless with it.
- From the way they are made it is possible to use it even with malware infected computer.
- The price is cheap
- The user has control over its private keys and seed phrase.
- If use with care it can be durable because of the way it was made.
- With the inbuilt exchange it is possible to exchange one's coin for another without leaving the comfort of your wallet.
- It can be use with other wallet like electrum or Mycelium.
Cons
- It is bigger than its competitors.
- If hackers get hold of it physically they can do harm.
- It doesn't support much coins.
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Comments (1)
June 11, 2020
KeepKey wallet is wallet that supports multiple cryptocurrencies. The is wallet is easy to use that is why a lot of people go for it. It has a number of security measures that make it to keep the assets on it to be safe. It is one of the avoidable wallet.
