KeepKey is a hardware wallet that makes bitcoin security simple. When you entrust KeepKey with your money, every bitcoin transaction you make must be reviewed and approved via its OLED display and confirmation button.
Features:
Bech32
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Bech32:
Bech32 is a special address format made possible by SegWit (see the feature description for SegWit for more info). This address format is also known as 'bc1 addresses'. Some bitcoin wallets and services do not yet support sending or receiving to Bech32 addresses.
Hardware Wallet
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Hardware Wallet:
Some wallets can pair and connect to a hardware wallet in addition to being able to send to them. While sending to a hardware wallet is something most all wallets can do, being able to pair with one is a unique feature. This feature enables you to be able to send and receive directly to and from a hardware wallet.
Legacy Addresses
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Legacy Addresses:
Most wallets have the ability to send and receive with legacy bitcoin addresses. Legacy addresses start with 1 or 3 (as opposed to starting with bc1). Without legacy address support, you may not be able to receive bitcoin from older wallets or exchanges.
Some wallets have the ability to require more than one key to authorize a transaction. This can be used to divide responsibility and control over multiple parties.
SegWit
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SegWit:
Some wallets support SegWit, which uses block chain space more efficiently. This helps reduce fees paid by helping the Bitcoin network scale and sets the foundation for second layer solutions such as the Lightning Network.
Good
Acceptable
Caution
Not applicable
Control over your money
This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet.
Variable validation
Payment validation features are provided by the software wallet you use with this device.
Complete transparency
The source code for this wallet is public and the build process is deterministic. This means any developer in the world can audit the code and make sure the final software isn't hiding any secrets.
Very secure environment
This wallet is loaded from a secure specialized environment provided by the device. This provides very strong protection against computer vulnerabilities and malware since no software can be installed on this environment.
Variable privacy
Privacy features are provided by the software wallet you use with this device.
Variable fee control
Fee control features are provided by the software wallet you use with this device.
Armory Good Good Acceptable Caution Good Good Armory Good Good Acceptable Caution Good Good Armory Good Good Acceptable Caution Good Good BitBox02 Good Not applicable Good Good Not applicable Not applicable Bitcoin Core Good Good Good Caution Good Good Bitcoin Core Good Good Good Caution Good Good Bitcoin Core Good Good Good Caution Good Good Bitcoin Knots Good Good Good Caution Good Good Bitcoin Knots Good Good Good Caution Good Good Bitcoin Knots Good Good Good Caution Good Good Bitcoin Wallet Good Acceptable Good Acceptable Acceptable Good Bither Good Acceptable Acceptable Acceptable Acceptable Caution Bither Good Acceptable Acceptable Acceptable Acceptable Caution Bither Good Acceptable Acceptable Caution Acceptable Caution Bither Good Acceptable Acceptable Caution Acceptable Caution Bither Good Acceptable Acceptable Caution Acceptable Caution BitPay Good Caution Acceptable Acceptable Acceptable Acceptable BitPay Good Caution Acceptable Acceptable Acceptable Acceptable BitPay Good Caution Acceptable Caution Acceptable Acceptable BitPay Good Caution Acceptable Caution Acceptable Acceptable BitPay Good Caution Acceptable Caution Acceptable Acceptable Coldcard Good Not applicable Good Good Not applicable Not applicable Edge Acceptable Acceptable Acceptable Acceptable Acceptable Acceptable Edge Acceptable Acceptable Acceptable Acceptable Acceptable Acceptable Electrum Good Acceptable Good Acceptable Acceptable Good Electrum Good Acceptable Acceptable Acceptable Acceptable Good Electrum Good Acceptable Good Acceptable Acceptable Good Electrum Good Acceptable Good Acceptable Acceptable Good Green Good Caution Acceptable Acceptable Acceptable Good Green Good Caution Acceptable Acceptable Acceptable Good Green Good Caution Acceptable Acceptable Acceptable Good Green Good Caution Acceptable Acceptable Acceptable Good Green Good Caution Acceptable Acceptable Acceptable Good Jade Good Not applicable Good Good Not applicable Not applicable KeepKey Good Not applicable Good Good Not applicable Not applicable Ledger Nano S Good Not applicable Acceptable Good Not applicable Not applicable Mycelium Good Caution Good Acceptable Acceptable Acceptable Passport Good Not applicable Good Good Not applicable Not applicable Sparrow Good Acceptable Acceptable Caution Good Good Sparrow Good Acceptable Acceptable Caution Good Good Sparrow Good Acceptable Acceptable Caution Good Good Specter Good Good Acceptable Caution Good Good Specter Good Good Acceptable Caution Good Good Specter Good Good Acceptable Caution Good Good Trezor Model T Good Not applicable Good Good Not applicable Not applicable Trezor One Good Not applicable Good Good Not applicable Not applicable Unstoppable Good Acceptable Acceptable Acceptable Acceptable Acceptable Unstoppable Good Acceptable Good Acceptable Acceptable Acceptable Wasabi Good Caution Good Caution Good Acceptable Wasabi Good Caution Good Caution Good Acceptable Wasabi Good Caution Good Caution Good Acceptable
Hardware wallets keep the user's private keys (needed for accessing their coins) safe for later access to the blockchain. Most hardware wallets can even work with multiple blockchains simultaneously.
Additional security features such as PIN protection and passphrase encryption allow for even greater security. While most recovery-critical inputs (Recovery Seed and PIN) are made via the computer, the fact that all characters are encrypted or reversed is considered safe, according to KeepKey.
Hardware wallets provide an extra layer of security for your private keys, as they are stored offline and are, therefore, less vulnerable to hacking and cyber-attacks.
It is of our opinion that Trezor has the best reputation and track record. The NGRAVE is best for security. Cypherock and Tangem are the best for user-friendly backup and recovery methods while the ELLIPAL Titan is best for those who want DApp and DeFi access from a hardware wallet.
Generate and manage your private keys offline in cold storage, guarded from computer vulnerabilities and viruses, while utilizing wallet software for safe transactions.
One of ShapeShift's priorities has always been to make decentralized finance as safe and easy for users as possible, and our continued integration and support with KeepKey enables us to provide an unmatched customer experience.
THE APPLICABLE WARRANTY PERIOD SHALL BE ONE YEAR FROM THE DATE OF PURCHASE. To make a warranty claim please contact KeepKey at support@keepkey.com within the Warranty Period and provide proof of purchase (showing date and place of purchase and name of the reseller, if any) and the product name, type and number.
Key Takeaways. Ledger is the best hardware wallet overall for investors. Ledger is the best choice for investors looking for security, ease of use, and additional features like staking and NFT management. Trezor is the best choice for investors who value open source values and cheap prices.
Diversifying your cryptocurrency holdings across multiple wallets is a recommended best practice. When you divide your cryptocurrency among several wallets, you reduce the risk of losing your entire investment if one wallet is compromised.
Install Exchange and Bitcoin applications on your hardware wallet. To sell BTC, you need to have both the Bitcoin and the Exchange applications installed on your device. To install these applications, you need to connect your device to a computer or phone and go to the Ledger Live Manager tab.
Introduction: My name is Jonah Leffler, I am a determined, faithful, outstanding, inexpensive, cheerful, determined, smiling person who loves writing and wants to share my knowledge and understanding with you.
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