As promised, I am continuing my reviews on cold storage providers. Specifically, I will try to review hardware wallets that are newer to the market. In addition, the first few reviews will be over wallets that are in a decent low price range that way everyone can benefit. I want to cover most of the most popular wallets first like the Trezor One, Keepkey, and now the Ledger Nano S. Therefore, here is my Ledger Nano S Bitcoin wallet review for all you hardware junkies looking to protect your digital assets.

Nothing should be considered investment or financial advice. Enjoy the ride.

Do You Need a Cold Storage Bitcoin Wallet?

Before we jump into the Ledger Nano S Bitcoin wallet review, I want to touch on a general question I often receive.

When one of my close friends, or even an acquaintance decides to first invest in cryptocurrency, they have so many questions. The typical questions are of course like:

What is Bitcoin? Who is Satoshi Nakamoto? What is a Hodl? Where can I buy one?

Just kidding, but you would be surprised on the silly questions I get from even the most intelligent of people. It just goes to show that you can never really ask a dumb question as long as you are truly asking it to learn something. One question in particular that I get all the time is, do you need a cold storage Bitcoin wallet?

This question usually comes after I explain what Coinbase is, Binance, and ways to protect your crypto.

My answer stays pretty similar to this one: If you want to make sure to protect keep your crypto investment regardless of anyone else’s decisions or mistakes, then yes you will need a cold storage solution. A hardware cold storage wallet is the only way you can practically 100% know that your funds are safe.

Therefore, if you are reading this and you do not currently own a hardware wallet, now is the time to consider changing your ways. The bull market is coming and with it hacks, scams, and fraudsters will be lurking. Protect your wealth with the best available option, cold storage.

Ledger Nano S Bitcoin Wallet Review

Now that I have covered that, let’s proceed with the Ledger Nano S Bitcoin wallet review!

I want to kick things off by reviewing some of the features for this wallet, followed by some of the general pros and cons, then round it all up with a conclusion on what I personally think of the wallet. In the end, cold storage solutions need to be tailored to your needs in terms of your portfolio of assets, investment strategy, and convenience. Therefore, do not just take my opinion for a guaranteed aye-okay product for your specific needs.

Ledger Nano S Features

Diving right into it, the Ledger Nano S is one of the cheaper options on the market currently in terms of Bitcoin wallets. Upon purchase, the product comes in a sort of Apple inspired casing with a clean sleek look to it. The hardware itself resembles a USB drive with a nice cover that rotates from the back, covering and uncovering the port.

A clean looking product, but what about the actual applicable features of it? Here are some of the most notable features of the wallet:

  • The wallet allows you to receive and send crypto, securely at your discretion.
  • Easily connects through USB Type Micro-B with Mac, Windows, Linux, and Android.
  • Wallet is managed through the native Ledger Live companion app with up to 8 app installs.
  • Confidential data is protected by an isolated internal secure chip that is locked by 8 digit PIN code. Rechecked upon every log on.
  • Anti-malware second factor verification
  • Internal security for private keys protection to keep your funds out of anyone else’s hands even when connected.
  • Recovery sheet make backing up & restoring your device easy. Restores can be on any Ledger device or compatible wallet (BIP39/BIP44)
  • The Nano S is a multi-asset storage solution. Currently stores over 30 crypto and can additionally store ERC20 tokens from the Ethereum chain.
  • Easily confirm transactions on the built-in display by navigating the wallet with two external buttons
  • Designed for simplicity in mind and quick user adoption.
  • Comes in 6 colors: Jade Green, Lagoon Blue, Transparent, Matte Black, Saffron Yellow, and Flamingo pink.
  • Easy to use screen that has size: 24 x 8 mm.
  • Wallet weight around 0.64 ounces.

Pros and Cons For Nano S

There has been a good amount of thought that went into user protection, ease of use, design, and lose prevention for this product. That is clearly why so many people use and attest to these Bitcoin wallets. Although, while most of the above features would be pros, I want to break it down even simpler for those looking for simple digestible content.

Pros

  • Engineered to be tamper proof
  • Top line security for it’s price point
  • Low market price for everyone
  • Clean and sleek design with multiple color selection
  • Native App
  • Recovery sheet
  • Multi-currency support

Cons

  • Not the best quality material, could use high grade metal.
  • Not enough memory to hold more than 4 different cryptos on average.
  • Restoring the seed is very tedious if wallet breaks.
  • Extremely small, and can be misplaced if not taken care of.
  • Need to install different coin apps in order to hold different cryptos.
  • Ledger Live app has been known to have some bugs on the interface which can be annoying when trying to quickly access cryptos.
  • Some negative reviews on this product for the faulty advertising on available coin storage, interface issues, and slow user support.

Should You Buy a Ledger Nano S?

This is always the hardest part for any review. To be honest, from most Youtubers, and ads you will see, this product looks like the end all be all Bitcoin wallet for a cheap reasonable price. In reality, this product is good. Not great, but good. It does it’s job, but you need to make sure you know what that job is.

The Ledger Nano S will only hold 3 and sometimes four different cryptos at once. Therefore, if you are looking to unload your $hitcoin buffet on this wallet of all your different investments, then this is not the product for you. If you are simply looking to store 2-3 types of coins on this product for safe keeping to remove your assets from a hot wallet (off the network) then this product will suit your needs nicely.

There are a good amount of benefits to using a Ledger Nano S. For instance, this product has been used by thousands of people and updated several times to make improvements and fix bugs. By now, most of those problems should be fixed, and even if they are not, someone has probably encountered it and found a work around or a solution.

What I am saying is, the product is not perfect. It will do a simple job if you give it a simple task, but do not expect it to hold your portfolio of top 20 digital assets. In terms of pricing, functionality, and convenience, the Ledger Nano S should be a great deal for the majority of crypto investors

Always, thanks for reading my cold storage reviews. If you liked it or agree, make sure to share and use my affiliate link if you decide to purchase one yourself!

Cheers

As promised, I will continue to review some of the top and most well known cold storage devices on the market. I am doing this mainly because the bull market is starting to take effect, and people need to know how to protect their crypto. Therefore, I found another cold storage solution that seems to be getting attention. Here is my Keepkey Bitcoin wallet full review for all those interested in protecting their investments with cold storage solutions.

Nothing should be considered investment or financial advice. Enjoy the ride.

KeepKey Bitcoin Wallet Full Review

To kick things off, I want to preface this by saying in no way am I being paid by Keepkey or any of these wallet providers. This is purely for the people wanting to know what the market has to offer.

If you are wondering how I came across the Keepkey hardware wallet, I will tell you.

It was a bright sunny day, the birds were chirping, the creek was running behind my house, and I was, like most days, inside watching youtube. Funny enough, Youtube likes to play commercials. Not sure if you’ve noticed, but they like to play a lot of freaking commercials. So much so, that it is almost as if they are making less money. Weird huh?

On that bright sunny and fateful day (last Saturday), Youtube decided to play a Keepkey commercial. Fancy looking device I thought. How clean and elegant the design seems from those sweet Youtube sponsored ads angles. Although, I had to experience this wallet myself, so I knew just the person to contact.

My friend Mike. He is massively into crypto, and owns just about every hardware wallet there is known to man. He gave me the quick low down on this product, and that is what I am going to share with you today.

Obviously, I took the wallet for a quick test run, did some research, and here I am. Primed to give you all the juicy details on another cold storage review. With that brief story out of the way, let’s dive into my KeepKey Bitcoin Wallet Full Review.

Keepkey Wallet Features

The best way to start any review, is with coffee.

Now that I am awake and the coffee is gone, let’s dive into the second best way to start any review, discussing the product features.

Here are some of the top selling features that people discuss to market this cold storage solution to the world:

  • Keepkey has Bank-Grade Security with simplicity in mind. The idea is to make the product easy to use for every single person while still having the highest levels of security.
  • A Internal Backup and Recovery System. At the initial phases of setting up your wallet, you will be given a one-time twelve-word, recovery sentence. It is incredibly important to write this sentence down and hide it. Make sure you do not lose it because If your KeepKey is lost or stolen, this is how you will recover you crypto without compromising your private keys.
  • Obviously this baby is encrypted and is virus and malware proof. Specifically, there is no operating system that has a layer where viruses, malware, and key loggers can effect it.
  • This product has Multi-Currency Support. We will get into this more later but basically, it supports plenty of the top crypto assets on the market.
  • The Keepkey hardware wallet can work with Mac, PC, Android, and Linux. This wallet is featured as a USB HID-class device. Basically, it is similar to a normal mouse or keyboard which means drivers are not needed.

Now that we have a basic overview of the features, let’s dive into my them a little bit more.

Hardware Security

One of the best features for this wallet is the secure way to trade assets without providing private keys.

For instance, you can trade assets seamlessly on Shapeshift without giving up your private keys and leaving your information vulnerable. It is extremely important to never give up the private keys of your wallet, that way no one can take your funds. In addition, the trading feature on the Shapeshift platform gives you a nice backend dashboard where you can view your portfolio, track it’s growth, and trade for other assets you may want in your portfolio.

Thankfully, the Shapeshift platform will also keep a record of your transactions for tax purposes later which is great for investors to stay compliant. Obviously this is yours to disclose or not, as the information is secured.

Multi-Asset Support Cold Storage

A necessary utility of any hardware wallet is accessibility to as many assets as possible. Many of the older wallets and even some of the newer models can only hold some of the top assets on the market on their hardware. Luckily, that is not the case with the Keepkey! There are tons of digital assets that this cold storage solution can hold. Here is a short list of some of them:

  • Bitcoin
  • Bitcoin Cash
  • Zilliqa (ZIL)
  • Chainlink
  • Bitcoin Gold (KeepKey Client)
  • DASH
  • 0x (ZRX)
  • Dogecoin
  • Dai (DAI)
  • Ethereum
  • Golem (GNT)
  • Litecoin
  • OmiseGO (OMG)
  • DigiByte
  • Qtum
  • SALT
  • Binance Coin
  • Tether (USDT)
  • Plus a multitude of other ERC-20 tokens based on the Ethereum chain

Clearly, there are plenty of options for storing coins on this device, so most investors should feel comfortable using it. If you do not see your crypto on there, make sure to check out their website here, to see if support is provided or not to your assets.

Keepkey Hardware Wallet Quality

One of my favorite things about this wallet in particular is the solid build. The wallet is made of sturdy metal and top notch materials which gives it some nice weight and feel of durability. A majority of the cold storage wallets on the market are actually quite flimsy and usually made of some sort of plastic. This really upsets me because, I need to know my crypto is safe in a wallet that can not easily be destroyed.

In addition, the presentation to accompany the feel of the wallet is amazing. I honestly feel like I could throw this thing over my house, stomp on it, drive over it (maybe slowly), and it would work just fine. Now, I do not recommend doing this, but hey, you do you.

Should You Buy a Keepkey Bitcoin Wallet?

Well, that is as always, up to you. Never do what people tell you to do on the internet, but here is my personal take on it.

If you do not have a crypto cold storage solution, and you are holding your Bitcoin and Ethereum on an exchange, it is probably worth the $20 to go ahead and buy a KeepKey Bitcoin Wallet. The reason being because, it takes you 5 minutes to order it, 5 minutes to set it up, and your investments are protected. That makes sense right?

I mean why wouldn’t you want to protect your investments with a cheap, high quality, cold storage wallet built for simplicity? It kind of sells itself to be honest. Now, are there better cold storage providers on the market? Yes, of course there are. Although, this one really does what most investors need it to do, protect Bitcoin and Ethereum.

If you have been in the market for a while, you know these are the grandfathers of the industry, and you should be holding a majority of your portfolio in these anyways. Therefore, it is probably best to have a hardware wallet to insure the protection of your wealth at all times.

Keepkey Carrying Case

The last thing I am going to mention, if you are considering getting this wallet, you might as well spend another $10 for a clean and protective carrying case. This basically is that little added layer of protection for your wallet, easy storage for your USB cord, and convenient traveling solution.

I would recommend this since, it is practically the same as getting a case for your phone. The case can prevent you from misplacing the Keepkey, from it getting dirty over time, or from anyone seeing it out in the open at your house or when you’re traveling. You really want to keep these wallets as hidden as possible, so people do not even know you have it.

Anyways, that is my KeepKey Bitcoin Wallet Full Review! Thank you so very much for reading, it means a lot. If you agree with what I said, make sure to share this article to help educate people on the cold storage options on the market. If you want to keep reading about more cold storage solutions, then please make sure to check out my Trezor One Wallet Review!

Cheers

Bitcoin wallets are an ever growing necessity as the price of Bitcoin continually climbs to new heights. Therefore, I am going to start looking into some of the options on the market that you may want to check out for yourself to protect your assets. These reviews will be a general overview of the product features, my personal opinion on if it is a good purchase or not, and a few things you may want with your wallet if you decided to buy one. First on the agenda is a well known Bitcoin wallet called, Trezor One. Here is my Trezor One Review and Overview.

Nothing should be considered investment or financial advice. Enjoy the ride.

Trezor One Review

Everyone knows the importance of having a cold storage solution on hand. All of the largest exchanges keep a majority of their reserves in cold storage. Holding crypto in cold storage basically means taking the assets off the network. This way no one can hack into their wallets and drain their customers funds. They are protected by physically separating the funds from the network. It is sort of like turning of your computer and not allowing wireless networks to connect to it.

Trezor One Features

Therefore, let’s take a look at the cold storage provider we are reviewing, Trezor One. Specifically, let us look at some of the features the wallet has. Here are some of the main features for this wallet:

  • Protects against standard hacks, viruses, keyloggers, and much more.
  • Comes in three clean colors: Black, Grey, or White
  • Has the ability to make secure transactions without fear of hackers or malware disrupting your trade. Most importantly, the private keys of your cold storage wallet never leave the device.
  • This device is universally compatible for Windows, macOS and Linux. In addition the product comes with clear instructions for how to install, update, and transfer crypto for each OS. It also comes with it’s own USB cable to prevent wireless connections.
  • This hardware wallet is also extremely compact and durable. The standard size comes as 2.4 x 1.2 x .2 inches. In addition, the wallet only weighs around half an ounce.
  • For internal hardward, the device hosts a 120 MHz embedded ARM processor Cortex M3 which runs on a custom developed system by Trezor.
  • The easy to see OLED screen is 128×64 pixels. It can show up to 6 lines of text which lets you see all your information in a single glance.
  • Finally, this hardware wallet comes at a great market price of around $40. That is only $40 to protect potentially thousands of dollars in crypto and more.

Clearly, the Trezor is one of the top products on the market for this price range. There are plenty of amazing features, and most importantly, the Trezor protects more than just Bitcoin.

Storing Crypto on Trezor One

An absolute huge selling point for myself was all of the crypto the Trezor One hardware wallet holds. For a complete list go to their site here to make sure your crypto is listed. Namely, here are some assets supported by the hardware wallet:

  • Bitcoin (BTC)
  • Ethereum and all native ERC20 tokens (ETH)
  • Ethereum Classic (ETC)
  • EOS
  • Stellar (XLM)
  • Cardano (ADA)
  • Chain link (LINK)
  • Basic Attention Token (BAT)
  • NEM
  • Monero (XRM)
  • Litecoin (LTC)
  • Dash
  • Zcash (ZEC)
  • Bitcoin Cash (BCH)
  • More on the website

This is a pretty huge list of assets allowed. A big problem with most wallets on the market is the ability to hold multiple cryptos on one wallet. This wallet does not have that problem which makes it stand out above the competition.

Should You Buy a Trezor One?

Well, the general consensus is that Trezor is one of the most reliable and trusted wallets currently on the market. I have plenty of friends that use one, and I have never heard any of them complain or lose their crypto. For those reasons, I would say it is a pretty solid purchase for any avid crypto hodler.

In addition, it is good to have one for general purposes. When hodling crypto, you need to always be aware of the potential risks at play. Hackers can breach any platform, server, or website. You have to make sure your main reserves are guarded and off the network. That is the ONLY way you can fully protect your crypto. Therefore, I would say the Trezor one is a solid buy at the low price of $40 on amazon.

In conclusion, my Trezor One review leads me to say the wallet is a great purchase. Although, other great products to have along side the Trezor One is the carrying case and the travel case. Remember, this thing needs to be better protected than your phone.

Trezor One Carrying Case

The Trezor One unfortunately does not come with a native carrying case, but there is one for $10 on the market which seems like a steal to me. The hardwallet combo case comes suitable for the Trezor One or the Nano S. I recommend getting a case with your wallets, that way you do not lose them or they get accidentally damaged. Think of it like a phone, you would want a case for your phone right?

Although, if you want more of a travel case, they have one for even cheaper around $9 that works just as well. This compact travel case is very durable and made of a Nylon hardshell. The inside has a mesh pocket for the USB cable and has a high grade zipper simply because, why not? I highly recommend this case if you travel to other countries frequently and plan on keeping some additional crypto on you for spending pleasure. Or simply if you do not trust leaving your crypto anywhere you are not.

Thanks for reading my Trezor One Review! I hope it helped teach you something about the hardware wallet, and maybe you’ll want one yourself to protect your investments!