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.
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 Cash
- Zilliqa (ZIL)
- Bitcoin Gold (KeepKey Client)
- 0x (ZRX)
- Dai (DAI)
- Golem (GNT)
- OmiseGO (OMG)
- 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!