Review

[NEW] nGRAVE ZERO – 3-Tiered Crypto Hardware Wallet | FIRST LOOK (2020)

What’s going on guys Crypto Renegade here again with another video for you and in today’s video, I have found  another brand new hardware wallet that is coming to us that is not on a lot of people’s radar. So stay tuned, we are doing another first look, hardware wallet review video, I’ll give you my views and my takes and what makes us different from other hardware wallets that are currently on the market or even ones that are even upcoming.

Let’s check out This Ngrave Zero First Look!

So make sure you stay tuned for that before we jump into this wallet, I want to say that I do have a free ebook download that is very in depth called the top five ways to secure your cryptocurrency you can find it on my website BitcoinLockup.com. It’s a giant orange button to download it in the top right corner, you can’t miss it. So go ahead and check it out. It’s completely free. But just wanted to mention that before we jump into the content here.

So in today’s video, we’re going to be looking at what’s called the Ngrave Zero. Now this is a brand new hardware wallet, it doesn’t have a price yet it says on the website. As you can see here, it says pre order now. But when you actually click it, it’s just on the super early early bird waitlist. So there’s no actual way to place an actual pre order, and there’s no way to find out what they’re actually going to be charging.

 

 

But I’ll give you my views as we go through it of what I think they’re going to be charging and kind of what makes this unique and a little bit different. What I’ve really liked lately is that with hardware wallets that are coming out these days are really starting to differentiate if new security details and security features and different ways of implementing the protection of your private keys, which is really interesting to me.

 

 

How Does Ngrave Zero Compare To Other Hardware Wallets?

 

Because back when this all started in the first hardware wallet, the Trezor came out, you know, there wasn’t that many differences between, you know, a Ledger, Trezor, or a KeepKey in terms of the functionality in terms of the security and in terms of the design. But we’re really coming into new territory here where we’re coming into a new wave of technology, and security for these hardware wallets.

So really, really exciting here stuff further ado, let’s go ahead and get started here. So this one is a as you can see in the form factor, it’s a kind of a small touchscreen tablet here. It’s 100% offline. So this is a three tiered system, which I’ll go into in just a second. But basically, this is an all in one solution for a hardware wallet.

I know that on my channel, I go into different solutions in terms of protecting your private keys. One being a hardware wallet, another being a metal recovery seed backup, to protect your recovery seed, if you ever lose your hardware wallet, that you have a safe way to implement it and restore your funds and restore your private keys.

And then there’s also software wallets, which is sort of like having a wallet in your back pocket with Fiat, which is typically used for day to day transactions. And it’s not meant for long term storage, it’s not meant for savings or anything like that.

You keep that on a software wallet that you will ultimately spend on a day to day basis, maybe a couple hundred dollars or whatever is comfortable for you. But in this case, they’ve kind of implemented an all in one solution, which is really, really nice. I haven’t seen that yet on any hardware wallets, you know, people like Trezor and Ledger, they sell bundle packs with metal recovery seed backup solutions that they can go ahead and bundle and sell it with. But in this they’re coming with an all in one solution. So I assume it’s going to be priced appropriately.

So with this Ngrave Zero here, they’re calling it the coldest wallet, okay. And there’s a reason that they’re that they’re touting that and that it’s going to be, you know, considered the coldest versus any other type of hardware wallet here. So this is a QR code based device, meaning there is going to be an app integrated with it. And I’ll get into that in just a second.

 

 

How Secure Is Ngrave Zero?

 

But there’s an app here, similar to the functionality of the Cobo Vault, similar to the functionality of the Ellipal Titan, and things like that, where you utilize the device to take pictures, and authorize transactions by scanning the QR codes and signing them. So it’s completely offline no Bluetooth, no USB, no cellular no Wi Fi, no other connection is completely off the grid, which is extremely nice. On this, it’s going to give you the three all in one solution wallet that I was talking about here.

I mean, it looks like it’s gonna have a decent sized touchscreen, which again, I’ve gone over in other videos and mentioned how important it is when you’re dealing with hardware wallets on a regular basis. Having a larger screen to scan QR codes to navigate to us is extremely helpful and very user friendly. Not to mention, it’s safer because it displays the Full Wallet address for you to confirm.

When you’re dealing with ledger, ledger devices or sometimes even Trezor devices, you’re going to see that it’s hard to read and verify the wallet address before you authorize and sign the transaction. So you know, again, having a larger screen makes a huge night and day difference in terms of security as well as functionality.

So what they’ve come up with here is a different kind of metal recovery seed backup. It’s complete, accidental decimal system here where it’s basically two parts. As you can see in the screen here, it has sort of a template that you overlay on top of the sheet here. And you basically line up your recovery seed phrase with the first four letters and is translated into numbers.

 

 

Okay, so what’s really, really interesting with this here is that you have the plate that where you can use the tool to puncture holes, and then you have the actual plate behind it, that’s embedded as well. And you keep these separate, because you can’t use one without the other. As you can see, the other one just has random holes placed all over it, as you can see in the background. And then there’s this sheet that goes over it, that’s the template.

 

 

What Is included in the Ngrave Zero Three-Tiered Crypto Solution?

 

That’s where you actually engrave your recovery seed phrase. So this gives you an extra layer of security, you basically keep the template in one location, you keep the actual metal plate location, and they only work when you put them together.

So you obviously need the template to line up the letters and line up the numbers so that you can decode your private key something that is somewhat similar to the CryptoTag Zeus, in effect that you know, you have to puncture different letters and numbers to sort of decode it. But this is the first solution where it actually overlays in a requires two pieces of the puzzle to actually make it work period.

So that’s really interesting to me. And I think it’s a really innovative approach here. So the engrave zero, that’s what they’re calling the actual physical hardware wallet device that you see here.

It comes with a state of the art security chips, true random number generator, anti tampering, it’s basically a very secure device. And ultimately, it’s it’s built in a way where it’s very hard to disassemble, and going through and trying to extract any sort of private keys, the metal solution that we just talked about is called the Ngrave Graphene or Metal recovery seed backup that we talked about made out of stainless steel plates.

You can use that to restore your private key if the hardware wallet device is ever compromised, lost, stolen, anything like that. And it’s designed, as I mentioned, to hold the template, or the sheet where here where you actually engrave it, and then the actual metal sheet in two different locations for added security.

The third solution here in this the three tier solution is the Ngrave Liquid. This is again, this is the mobile app where you actually manage sign the QR codes manage balances. Again, this is similar in effect to the Ellipal Titan, but this is where you’ll manage all your funds, your portfolio, your transactions, this is where you’ll sign on the device on the hardware wallet device itself and vice versa, to be able to send and receive transactions we just sent.

 

 

You know just signing the transactions when you do it, you can obviously receive on any QR code that you want. So you know, this is an interesting three tier system. That’s all in one, you know, I’ve always wondered why all these companies are so different. And we need all of these different solutions. You know, it’s sort of fragmented, and we need all these different solutions to really be secure.

So this is really the first company that I’ve seen that is offering a full all in one solution for metal recovery seed backup, having a mobile app dedicated for it, as well as a hardware wallet device, you know, you’ll see sometimes two out of three, but never three out of three, like I’m seeing here. So this is extremely interesting. The Ngrave Zero device itself has a really nice camera. As you can see the form factor looks different and interesting bar.

 

 

As I mentioned before, there’s no USBs there’s no networks, it’s completely air gapped. Similar to those other devices. It has the one way QR code communication, which is the safest way to do it. And then offline defenses. Again, this is where the graphene and the metal recovery seed come in.

And just sort of having those different layers of security make it not only easier to use but also more secure for you and your private keys when you’re in possession of them. So this also boasts the most advanced key generation process in the world you know, they have a state-of-the-art TRNG or true random number generator chip allows you to make sure that your private keys are generated in a secure manner.

This also does have a fingerprint sensor. So there is biometric data. This is now the third biometric hardware wallet that I’ve seen today only one of which has made it to market and that’s called the D’CENT Wallet. And if you’re interested in that, I’ll link that down below with a very special discount in partnership with my website Bitcoin in lockup calm, it also has light technology implemented.

 

 

So there’s different photon measurements of ambient light that are one of the best enhancers of randomness and strength of your secret key, which is really interesting. Haven’t heard of that before. And then the interaction here, like I mentioned, again, not to beat it with a dead horse, but it is completely offline, which in my opinion, is the most secure way to do it instead of a USB Bluetooth things like that.

You’re going to see what other different hardware wallets you know, I don’t have a referral code or anything for this because there’s just so new, you can come to the website and grave.io and that will actually allow you to join the early bird list and get the best discounts you know if this is something that you’re interested in, as far as the coin support and as far as the actual price of the device, I’m only speculating at this point, they do give a how we compare kind of white paper that goes over the different comparisons between Ledger, Trezor, KeepKey, that kind of a thing.

But I wanted to say here that as far as the price of this device, because it’s an all in one solution, my best guess is this is going to be anywhere between, I would say $250 and $350. us, which is probably pretty fair for the for the amount of security and the amount of quality that you’re getting for all of these solutions built into one. So this is extremely interesting. If that is going to be the price point.

Again, I have no basis for that. I’m just guessing based on the current market right now and similar and comparable products, to kind of give you an idea of what this could cause in terms of the coins support.

 

 

They haven’t announced anything almost guarantee you that you’re going to have obviously all of your basic coins are going to have all your ERC 20 tokens, your top market cap coins, your Bitcoin, your Ethereum, your Litecoin, your Bitcoin Cash, your Stellar things of that nature. So ultimately, I don’t have a full point this I will come and do another follow up video once we get more information on this. But I’m assuming it’s going to have all your basic coins, you know, hundreds, if not thousands of ERC 20 tokens, and we’ll see if there’s any unique coins that are going to be supported by this device as time goes on.

 

 

Ngrave Zero: Conclusion

 

So I’m really excited to see how this turns out. Again, this is a really interesting all in one solution. And I’m going to be keeping my eye out on it and be reaching out to the founders to see if I can get a demo of the device and do an unboxing video for you.

I’m gonna go ahead and wrap that up here. If you found any value or you found this interesting in any way, please go ahead and subscribe and leave a comment down below. If you’ve come across or even heard of this hardware wall. Go ahead and comment and let me know where do you found it. I’m very interested to hear about that. I mean I dig and find these things on a regular basis.

So if you’ve already heard about it, you know through a press release or through media or anything like that I’d be interested to hear and then again, if you’re brand new to the channel, I would appreciate if you subscribe if you do like hardware wallet videos, protecting your private keys, ways to earn free Bitcoin and to just implement yourself in a really solid foundation into the crypto ecosystem. I do believe it’s the future, then go ahead and subscribe. I’m going to go ahead and wrap this up here.

 

What do you think? Is this a hardware wallet you would buy when its available? Let me know in the comments below!

 

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Card Wallet Review (2020) | Coinfinity’s COLDEST Version Of A Hardware Wallet!

In this Card Wallet Review, I am going to dive into why this wallet if built for the coldest of cold who like to HODL!

Outside of exchanges, few cryptocurrency markets are as thriving as safekeeping. At this stage in Bitcoin’s life expectancy, trading crypto as well as keeping crypto appear to be the most prominent use situations for crypto –– in that order. Consequently, a flourishing aftermarket for crypto storage services has sprung up, both custodial as well as non-custodial, hot and cold, on the internet as well as offline.

Card Wallet from Coinfinity is the most recent product to go into the fray, offering a protected method for keeping BTC as well as ETH offline.

As the risks of keeping funds on the internet in custodial purses as well as exchanges have been highlighted with a wide variety of hacks as well as departure frauds, the freezer company has grown. From hardware purses looking like elegant thumb drives to gadgets disguised as calculators as well as charge card, the variety of methods to self-custody digital possessions seems unlimited.

 

 

So, What Is Card Wallet?

 

The just named Card Wallet by Coinfinity does precisely what it sounds like. On the surface, this plastic card appears like an incredibly low-tech method to store bitcoin core or ether, however its unprepossessing exterior is misleading. Peer a little closer at the credit scores card-shaped wallet as well as you’ll discover some fascinating details. There are all type of anti-counterfeiting steps at play on the Card Wallet’s service, including microprinting as well as constant color gradient methods, providing it a look much more similar to money.

The banknote-based style makes sense once you discover that Coinfinity –– Austria’s first Bitcoin business — developed this device in conjunction with the Austrian State Printing House. They’re best known for printing passports, a skill they’ve refined over the course of 200 years, and thus know a thing or two about anti-counterfeiting. The notion of forgery sounds strange in a crypto context.

 

 

After all, bitcoins are impossible to falsify. The reason why the Austrian State Printing House has gone to town on the anti-forgery techniques they’ve used is to prevent fake cards from entering circulation and to provide guarantees that the private key, which was generated offline, remains offline. The private key for the cryptocurrency address printed on the card is concealed beneath a hologram on the back. It’s accompanied by a warning not to scratch this area –– not even a little, just to test it –– as to do so would be to risk the security of your funds.

The Card Wallet is basically a modern version of the Casascius physical bitcoins that have become collector’s items today. The code printed beneath the Card Wallet’s seal can be thought of as Schrödingers key: until the moment it is observed through scratching off the protective covering, it effectively doesn’t exist. The manufacturer has no record of it.

As a result, you can send funds to the address printed on the front of the card, but you can’t retrieve them until you reveal that seal, and doing so will essentially penalize you to the tune of the $67 the Card Wallet retails for. Think of it as an extremely high BTC network fee, and use it as an incentive not to dip into the funds stored on the card, save for an emergency.

Of course, technically nothing is stored on the card: it simply holds the secret code needed to send the bitcoin from the address in which it is currently locked on the BTC network to a new address on the network. To all intents and purposes, though, Card Wallet might as well physically hold those coins, since without it to hand, you’ll never be able to move those coins again.

 

 

How Is Card Wallet Different Than A Normal Hardware Wallet Like Trezor Or Ledger?

 

 

Unlike a hardware wallet, there’s nothing to power up or plug in here, but that doesn’t mean that testing the Card Wallet is an entirely analog experience. There is, after all, the QR code printed on the wallet, which, when scanned, reads the BTC address printed along the center. In testing, I scan the code using the Bitcoin.com Wallet and am prompted to select the amount of BTC I wish to send.

 

 

When I drag the slider, the funds are released and that’s it: the first satoshis prepare to wing their way to my Card Wallet. When the time comes to move or sell that bitcoin, I will remove the security seal and import the private key that’s revealed underneath into a noncustodial wallet such as Electrum.

In theory, you could continue to use the wallet address securely, even with the seal scratched off, provided you destroyed the exposed private key. There would be little advantage to doing so, however, and it makes sense to view the wallet as compromised once the key has been revealed.

 

 

Is The Card Wallet Secure?

 

On the reverse of the card, there’s another QR code that can be scanned, marked Chainlockcode (CLC). This requires installation of a dedicated mobile app, which will display the balance of the card –– and of any other Card Wallets you wish to integrate into it –– allowing you to manage all your cards within one app without revealing their private keys.

Most people are unlikely to need this, since typing the wallet address into a block explorer achieves the same result, but if you’re a serial Card Wallet collector, it might prove useful While Coinfinity doesn’t support BCH at this time, bitcoin cash holders have the option of generating their own paper wallets, which can be printed at home.

 

 

Card Wallet: Final Verdict

 

This theoretically provides the same security guarantees, and with the wallet folded and sealed correctly, it is effectively tamper-proof, albeit without the same allure as Card Wallet’s impressive shiny hologram. Cold storing cryptocurrency isn’t about showing off, however, and the winning wallet is the one that keeps your funds the safest. Some bitcoiners will balk at paying $67, in the Card Wallet, for a cold storage solution they could roughly replicate at home for the cost of a sheet of printer paper.

Others will appreciate the imperviousness of the Coinfinity card, its convenient credit card shape, and its superior tamper-proof seal. As such, its value is really in the eyes of the beholder. For the same price you could pick up a basic hardware wallet, which will allow you to send, receive, and store a range of cryptocurrencies.

That said, there’s something magical about the seal on the Coinfinity that challenges you not to sully it, but rather to sporadically send funds to it, building up your nest egg over time.

 

 

What are your thoughts on Coinfinity’s Card Wallet– would you use it? Let us know in the comments section below.

 

Cheers,

 

 

The Crypto Renegade

CryptoTrader.Tax Review (2020) | Don’t Let The IRS Steal Your Crypto! (Discount Below)

CryptoTrader.Tax Review – A Detailed Look At This Crypto Tax Reporting Platform Crypto tax coverage can be a difficult and also taxing procedure, with individuals generally making purchases throughout numerous various systems and also complication over crypto tax policies.Nonetheless, it’s critical that individuals obtain their tax obligations done promptly to stay clear of fines and also future effects. When finishing their crypto tax obligations, individuals have a couple of various alternatives readily available to them.

Now, as you know, I believe that taxation is theft. I do not believe that my money spent (crypto or otherwise) should be paid to the government so they can piss it away and give to someone who isn’t willing to create a life for themselves. Having said that, we all know that taxes are unavoidable (for now) and to continue to run a business and maintain any semblance of order in this world, It’s better to correctly calculate your own taxes via this tool, as opposed to letting the government do them for you.

In fact, they don’t even know what their own regulations and rules are, as they left open to interpretation. I am telling you, do this for our own good!

 

 

What Is CryptoTrader.Tax And Why Do I Need It?

 

 

These consist of computing and also submitting their tax obligations themselves working with an accounting professional or making use of a specialized crypto tax reporting system One such crypto tax reporting system is CryptoTrader Tax which defines itself as the most convenient and also most trusted means to prepare your cryptocurrency tax obligations To figure out if it meets these cases I examined out the system and also have actually given a comprehensive testimonial for our viewers listed below Import Your Trades From Any Exchange.

One of the intricacies of attempting to compute your crypto tax obligations alone is taking care of the substantial quantity of purchases made throughout numerous crypto exchanges. A buck worth for each and every profession have to be developed in order to compute any kind of gains or losses properly.

Therefore when managing a great deal of professions this comes to be a lengthy and also laborious job with mistakes usually made CryptoTrader Tax permits you to promptly import your professions from any kind of exchange by either making use of the API import device or posting your profession background documents.

 

 

CryptoTrader.Tax vs. CoinTracking: Which Is Better?

 

 

 

This will certainly allow you to successfully take care of every one of your trading information on one specialized tax platform. Also, when you post your professions, CryptoTrader.Tax instantly develops a reasonable market price and also price basis for them making use of historic information. This substantially raises the rate of computing your tax obligations and also dramatically minimizes the threat of errors.

On top of your profession information, you can additionally include various other crypto revenue from points like airdrops, presents, and also mining. Generating a Tax ReportAfter importing every one of your information, you after that examine your professions prior to creating your record.

 

 

 

 

For each and every tax year, CryptoTrader.Tax creates an Audit Trail Report, Cryptocurrency Income Report, Short & & Long Term Sales Report, IRS Form 8949, and also an End of Year Positions Report.Generating Tax ReportCryptoTrader.Tax sustains the FIFO, LIFO, and also HIFO accountancy approaches, indicating individuals from nearly throughout the globe can utilize this system for their cryptocurrency tax obligations.

Customers can additionally have their gains and also losses computed in any kind of cryptotrader.tax vs bitcoin.tax fiat money When Cryptotrader.tax price computing your tax obligations CryptoTrader Tax makes use of the very same approaches that tax specialists make use of.

It makes sure that you are paying the right quantity and also not paying too much on your tax obligations. CryptoTrader.Tax has integrated tax-loss harvesting devices to aid you minimize and also counter your resources gains.The system additionally permits you to import your resources gains and also losses straight right into the online or desktop computer variations of TurboTax and also various other tax systems.

 

Is CryptoTrader.Tax Compliant With The IRS?

 

 

CryptoTrader.Tax is Level 1 PCI certified and also makes use of SSL security to make sure that your information on the system is secure.CryptoTrader.Tax PricingCryptoTrader.Tax costs for records as a single settlement per tax period. It has a tiered rates framework in position indicating the even more professions you made throughout the tax period the a lot more you pay this permits those with a handful of professions to pay a marginal quantity and also also for those that call for the cryptotrader.tax vs bitcoin.tax Unrestricted rate the rates is still really affordable.

When you have actually acquired a record, you can make unrestricted alterations to it for that year. CryptoTrader.Tax’s rates alternatives are as adheres to: CryptoTrader.Tax Pricing Plans Users can spend for CryptoTrader.Tax making use of a Visa, MasterCard, or American Express credit/debit card. Nonetheless, it’s crucial to recognize that you just need to spend for CryptoTrader.Tax when you prepare to create your tax record.

 

 

This indicates you can develop an account, import your information, and also examine your purchases for free.

 

Note: If you require records for 2017 or in the past, you can obtain a 15% price cut off the regular record price.

 

 

CryptoTrader.Tax Final Verdict

 

CryptoTrader.Tax uses a complete money-back warranty on any kind of acquisitions. That indicates if you are not pleased with your record you can obtain a complete repayment as long as you request it within days of acquiring How to Create an AccountIt s fast and also very easy to cryptotrader.tax vs bitcoin.tax develop an account at CryptoTrader Tax with the alternative to develop either an Individual Account or a Tax Professional Account. To develop an Individual Account, customers merely require to include an e-mail address and also develop a password.

Tax specialists require to supply their name e-mail and also develop a password CryptoTrader Tax Signing up for an Individual AccountThis procedure takes secs and also when you have actually developed your account cryptotrader.tax price you can promptly begin incorporating the exchanges you make use of publishing your information and also making use of the systems various devices.

 

 

You do not require to supply any kind of bank card or settlement information when developing an account OverviewCryptoTrader Tax permits any individual to conveniently take care of cryptotrader.tax price and also compute their crypto tax obligations at an affordable rate. What can take hrs or perhaps days can be carried out in mins on the CryptoTrader.Tax system.

 

 

Is CryptoTrade.Tax Legit?

 

In addition to that, CryptoTrader.Tax makes sure that your Bitcoin tax record is exact and also certified, alleviating the threat of blunders and also paying too much on your crypto taxes. CryptoTrader.Tax Overview. CryptoTrader.Tax’s CEO David Kemmerer was also a visitor on Anthony Pompliano’s ‘Off the Chain’ podcast, where he went over the intricacies of cryptocurrency tax obligations. For those that want to pay attention to this meeting, you can locate it here.

If, at any kind of factor, a customer requires help throughout the tax reporting procedure, CryptoTrader.Tax has a specialist assistance group in position that will certainly obtain your questions solved swiftly. Generally, CryptoTrader.Tax is an exceptional selection for both people and also tax specialists that are seeking to make the tax reporting procedure a lot more reliable.

 

 

What do you think? Is there a better tax tracking software for Crypto taxes out there? Let us know in the comments below!

 

Cheers,

 

 

The Crypto Renegade

Celsius Network Review (2020) | Earn MASSIVE Compound Interest On Your Crypto!

What is Celsius Network?

 

Celsius Network lets you earn interest on your crypto and instantly borrow against it. No fees ever.

 

Celsius Network Review| Is It Worth Investing in Celsius Network? When Bitcoin struck the scene and also came to a head for the majority of 2016 and also 2017, it really did not take a wish for it come to be the de facto face of Cryptocurrency. It did get to much, and also vast and also brand-new coins were developed left and also right as choices, yet Bitcoin stood and also international banks battled to adapt. Apps were developed to lead customers as just how to construct and also shield their gains and also below’s one for the books. Ladies and also gents, below a thorough testimonial of CELSIUS NETWORK.

Please Note: Please consult your specialist economic, financial investment, and also tax obligation consultants prior to making any kind of financial investment in cryptocurrency. This web content does not give financial investment or economic suggestions and also does not recommend or advise financial investment in any kind of cryptocurrency marketed on the website.

 

 

Just How Do I Get Started With Celsius Network?

 

Celsius Network – the assurance of a brand-new means to gain, obtain, and also pay on the blockchain. Un-banking Yourself. What does it actually mean? Celsius Network was a task to topple typical financial criteria (by out defeating them in every action of the means by utilizing cryptocurrency. A typical financial institution permits customers to shop and also conserve right into their accounts with really little passion and also absorb financings useful to them.With Celsius Network, they do vice versa.

 

Just How Much Can I Earn With Celsius Network?

 

 

Their version is to hand out high rates of interest for any kind of security you spend and also hand out practical and also reduced prices as soon as you obtain financings for yourself.They usage this to approach for rapid development of the brand name, gain focus and also fostering and also topple financial institutions.

They were released last July 2014. It is kept in mind that it was released in the center of Crypto Winter. However, they took care of to do over $1.2 B in coin financings with a document biggest solitary financing of $5,000,000.

Besides, it additionally has an App for iphone and also Android customers and also it additionally assures that it functions under the most effective passion of its obtaining community.If you are a hodler, might too make use of the application and also gain in addition to your hodling. Who runs Celsius Network? Celsius Network was the creation of one, Alex Mashinsky and also his group.

 

 

If the name calls a bell to you, he’s the leader of VoIP (Voice over Internet Protocol). Actually, Alex Mashinsky is the male that made voice telephone calls cost-free (or less costly for that issue). He brought it online which we currently make use of for various messaging applications. Remember just how that began and also its existing usage?

With this, he brings the very same assurance regarding just how you’ll construct and also handle your properties. Celsius Network disclosed to the general public that they contend the very least $122,000,000 in cryptocurrency and also you can spend and also capitalize on the prices they’re giving utilizing your coins. Most notably, these rates of interest are paradise contrasted to what financial institutions supply. To be honest, it’s also excellent to be true. So, is there a catch? The solution is a large fat NO!

With the high rates of interest, there is no lock-up duration once you spend.

 

 

You can take security anytime and also anywhere.

There are no surprise costs and also fines consisted of with the solution. No liquidation and also no foreclosure of finances. 100%. Payments appear every Monday nonetheless it does not substance. You can begin your day on an excellent note and also already they are paid in-kind. That merely suggests if you spent BTC, you’ll obtain BTC so on etc. In the future, customers will certainly additionally have the ability to pick CEL (Celsius Token) as a far better payment price and also even more of that later.

Interests will certainly be transferred straight on the application and also there would certainly be no minimum or optimum down payments and also withdrawals. Nonetheless there would certainly be a withdrawal restriction of $20,000.

 

 

Merely e-mail them at [email protected] and also you need to obtain your cash within 24 hrs.

 

Below are the coins you can earn passive income on and their current rates!

 

Here are the features:

 

  • DEPOSIT CRYPOCURRENCY IN THE CELSIUS WALLET: Users will certainly have the alternative to gain their once a week passion making use of CEL symbols and also they can obtain approximately 40% even more passion for their non-CEL deposits.
  • LOWER INTEREST RATE FOR LOANS and also COIN LOANS: Users paying their finances making use of CEL symbols would certainly have a price cut of approximately 20% on all their passion settlement; might it be for cash money or coin loans.
  • CELPAY CASHBACK: By doing CelPay purchases, customers will certainly have the ability to obtain 1-2% in kind cashback on CEL CELPAY purchases monthly.
  • AVAILABILITY: There would certainly be an unique line for CEL Token customers as they’ll be positioning buck finances demands relying on customers that have the highest possible CEL equilibrium and also HODL ratio.
  • PREMIUM SERVICES: With the CEL Token experience, the system will certainly pick and also straight influence the passion you’ve obtained with the purchase done. You will certainly additionally be compensated with advantages such as invite to occasion, consumer assistance hotline and also meet-and-greets with the large employers and also possibly Alex himself. Trendy, right?CEL PAY permits you to obtain fostering.

 

 

It’s a very easy means to send out cash to somebody else via crypto.

Celsius Network gives you with a means reduced passion that what you see with your bank card and also banks!Moreover, they do have a finance calculator whereby the Loan-to-Value Ration relies on the security and also rates of interest you can pick. Below’s a fast formula for it. Is it better than Blockfi?

 

 

Celsius Network: Final Verdict

It offers you the assurance control of your coins anytime, anywhere.It offers you convenience when it involves finance monitoring which is massive plus for me.After all, studying is crucial for buying this endeavor and also looking by the accounts of the owner and also their counterparts.You can watch their LinkedIn accounts on their internet site. The ordinary individual would certainly have the ability to price this as a computed risk.

Celsius Network’s user interface is great and also straightforward to make use of nonetheless CEL Token’s are not yet energetic and also in use.They do have the ingredients of a Ponzi system on the future nonetheless their reputation outweighs my sound judgment. I can truthfully claim that this is a reputable borrowing system and also once individuals start to place even more confidence with them, the earnings margins for Celsius Network’s customers will certainly provide a large smile on their faces.

 

 

What do you think? Are you going to leverage this platform to earn passive income on your crypto? Let us know in the comments below!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Sugi Card Review (2020) | New NFC Hardware Wallet Contender?

What Is The Sugi Card?

 

The Sugi wallet is a new type of hardware wallet developed by European fintech company, Sofitto, by the former technical lead of the Mycelium wallet. This is a unique wallet designed for crypto storage, as it is a near field communication (NFC) card hardware wallet protected by a PIN. Like other hardware wallets, the private keys are always kept on the device which lacks any kind on internet connectivity to ensure its security against hacking attempts.

But Sugi allows you to spend and deposit crypto just as easy as you were using a bank card. But unlike other bank cards, Sugi does not have access to your funds in any way. Sugi supports the following cryptos: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC) and ERC20-based tokens.

 

 

How Much Does The Sugi Card Cost?

 

The company has revealed that it intends to add more cryptocurrencies to the list in the near future. Sugi also mentioned that it plans to incorporate fiat currency functionality by establishing partnerships with banks in Europe. Appearance: The Sugi wallet looks just a regular payment card which has the wallet’s logo imprinted on it. System compatibility The card only works with mobile devices that have the Sugi App installed.

The app is compatible with iOS and Android systems. The Sugi Card wallet is available for purchase in three plans. The Newbie plan enables you to buy the Sugi Card for EUR 59,90. The Pro plan offers ONE Sugi Card which can be personalized by embossing a chosen name or nickname, and it comes at the price of EUR 69,90.

The Expert plan offers two customized Sugi Cards for EUR 119,90.

 

 

How Does the Sugi Wallet Work?

 

 

The card is used in tandem with the Sugi mobile app, in order to authenticate payments when you tap the card on your mobile device.From this perspective, it is more advantageous than a regular USB hardware wallet, which requires a PC or laptop to be plugged into. And seeing that most of us keep their phones near at all times, it is a convenient way of verifying and managing crypto funds on the go.Its design makes it very easy to use for anyone. Unlike other cards that require a complex and lengthy setup, with Sugi you just need to know how to tap a card and you’re done.

 

Making payments using the Sugi card In order to make a payment, you have to follow the steps presented below:

 

  1. Open the app.
  2. Enter your Sugi PIN.
  3. Tap the card to your phone.
  4. Adding cryptocurrency to Sugi wallet to deposit cryptocurrencies into your wallet, you first send them to the Sugi mobile wallet app like any other mobile wallet.
  5. To view your Sugi address, access the app.

 

How does It compare to the competition? Let’s check it out below!

 

 

How safe is Sugi wallet? Sugi implements top notch security which is on par with other hardware wallets, being more secure than a regular mobile wallet.

 

 

Who Makes The Sugi Card?

 

 

Behind its development are several members from the Mycelium team, a secure bitcoin wallet that was created by the most experienced developers in the cryptocurrency industry, which have been activating since 2009. The keys are stored offline in the PIN-protected card. To make transactions you will need to have both the card and the app. The wallet complies to the highest security standards in the European Union (ISO/IEC 14443). Sugi cards also generate a backup phrase that can be used to restore access to funds if the card is lost or damaged.

 

 

The wallet does not actually have access to your funds or keys, but recovers them through a secret sharing scheme.A secret sharing scheme is a system that breaks down information and divides it to multiple parties in a manner in which no single party can access the funds without having all the keys. Summary The Sugi card is an extremely easy to use crypto wallet that incorporates NFC to communicate with your mobile device. It combines the robust security of a hardware wallet with the convenience of a mobile wallet, making it perfect for traders that are always on the go but are worried about security.

 

Sugi Card Review: Final Verdict

 

The Sugi Hardware Wallet is an extremely easy to use crypto wallet that incorporates NFC to communicate with your mobile device. It combines the robust security of a hardware wallet with the convenience of a mobile wallet, making it perfect for traders that are always on the go but are worried about security.

PROS: The only NFC card as a hardware wallet Transactions are authenticated just by tapping the card on the phone In-store payments and ATM withdrawals will be among the future implementations Will feature both fiat and cryptocurrency payments Cards can be customized Lower price compared to other hardware competitors

CONS: While it is less expensive than other wallets, it still is $60 dollars Can be used only on mobile apps, although fiat functionality is not yes incorporated.

 

 

What do you think? Are you going to try the Sugi Card to secure your crypto? Let us know down in the comments below!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

FOLD App Review | How To Earn Free Sats Back In 2020

In this Fold App Review, I am going to discuss why this free app is a good way to start accumulating free bitcoin and start “stacking sats” as they say. I’m always looking for new ways to start accumulating more bitcoin and finding real world use cases where I can do so, outside fo buying it directly from an exchange.

This is primarily targeted for mobile use (using their iOS and Android app) for using this. If you want to learn about ways to earn free bitcoin while shopping on a desktop computer, then I would check out my full review of Lolli App, HERE.

I am going to touch on some of the basics of how much you can earn with it, how it works, who it’s really designed for, and my overall feelings of if it’s actually worth using. If that is what you’re looking for, then look no further!

Who Is The Fold App Intended For?

 

If you frequently make purchases with Amazon, Uber, Starbucks, Target, and Sephora (to name a few), then this app is for you. This app allows you purchase discounted gift cards, as well as earn free bitcoin (satoshis) for each purchase that you make. Once the order goes through, it’s credited to your bitcoin wallet within the app almost immediately.

This is designed not only to save you money on what you are already spending, but allows you to earn free bitcoin rewards for doing so. If you’re already spending at these places, why not get free bitcoin for doing it, right?

In the app, you can always see which vendors have offers and they are adding more all the time. Additionally, the discount your receive varies for each vendor. For example, Airbnb will give you 3% cash (bitcoin) back, but L.L. Bean will give you 10% back. The app is constantly updating to offer you the best deals.

How Does The Fold App Work?

 

 

This works for both online and physical locations. Since it’s gift card based, once you make a purchase in the app, it will generate a gift card and a bar code on your screen, for the cashier to scan and use directly.

This will also provide a “gift card code” for you to enter at on-line checkout and you can mix and match between buying online and in store as much as you want with no penalties or fees.

I will break it down step by step below on how to set this up and how it works in a few simple steps.

 

NOTE: You will receive the bitcoin rewards for the amount of gift card purchased, not the actual products you buy with them.

 

  • Load a gift card you buy with Bitcoin on the Fold app, to your account

  • Use that gift card at select retailers and restaurants by using the barcode or the number beneath it.

  • You can make online purchases with your Fold gift card or you can purchase at physical locations

  • At physical locations, all you need is to scan the bar code from the app on your phone at the cash register

  • Every purchase you make with the gift cards that you have on your Fold app will credit you with Bitcoin cashback

  • The amount of Bitcoin cashback you get on any purchase depends on the individual retailer or restaurant

 

Is The Fold App Worth Using?

 

If you are looking to start dipping your toe into cryptocurrency and you’re not quite ready to buy it directly yet, then this is for you! This is a seamless way for you to spend your normal fiat currency and start earning bitcoin back on direct gift card purchases.

This is also good for sending gifts directly, so whether it’s the holidays and you want to send a gift via email (or Twitter) you can earn bitcoin to your wallet for doing so. This can be used for any occasion as well, not just for gifting.

For the avid crypto users, they are also implementing lightning payments this year as well, so you’ll receive even more discounts if you decide to grow the crypto-economy by paying with crypto, instead of using a debit/credit card as well. More on that as it develops…

So, is the Fold App worth using? I would definitely say yes. Especially if you spend frequently at these places anyways and purchases exceed at least 15$ in most cases, then there is no downside here, only upside.

What do you think? Would you use the Fold App for free bitcoin? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people accumulate and secure their crypto.

CoinMine One Review (2020) – Is It Worth Buying? My Experience After 3 Months

In this Coinmine One review, I am going to talk about my experience with not only the user experience in the last few months, but if I think it’s a viable option for crypto mining, so stay tuned for the whole article to get my scoop.

I recently wrote an in-depth article before I received the device outlining the features and selling points I perceived it to have and I still hold true to those beliefs, but there are also some changes after actually using the device that I didn’t take into consideration. It’s a good read and it can be found HERE.

But in this article, I want to focus in on specifically who this device is for? Is it what I expected? And ultimately, if I think it was worth the price of the device (Which you can receive a special discount on below if you are interested).

CLICK HERE TO BUY THE COINMINE FOR ONLY $649 WHEN USING DISCOUNT CODE “BITCOINLOCKUP” AT CHECKOUT

Who Is the CoinMine One Intended For?

 

This at-home crypto miner is designed for the new user to crypto that wants to start participating into mining, without having the learn all the technical intricacies that go along with it.

For instance, when I first unboxed the device and plugged it in for the first time, all I did was download the app, scan the QR code that came in the box to connect it, and within 2 minutes I was mining my first cryptocurrency.

.It was stupidly easy to setup and very easy to figure out. You can mine up to 6 different coins currently ( ZCash, Monero, Grin, Ethereum, Handshake, and Bitcoin) and can switch between them whenever you want all within the app.

Additionally, you can choose “Bitcoin” mode that will mine the most profitable coin on the app and automatically convert it on the backend into your bitcoin wallet if all you want is bitcoin at the end of the day. This is makes it easy to set it and forget it and will automatically utilize the device in the most efficient way to get bitcoin into your wallet, even though you aren’t “mining” it directly.

 

Is The CoinMine One Device What I Expected?

 

Overall, I came into this purchase understanding that this wasn’t going to be the most profitable way to mine cryptocurrency. For me, I knew this device would be easy to use, require no maintenance, and I could literally set it and forget it.

Additionally, since I’ve received the device, they’ve added a free feature that allows you to compound interest by leaving your funds in the wallet they provide you by 6.5% per month. This is a free service that is a win-win for accruing your funds faster.

Now, you can transfer your earned funds into your own wallet, once you hit the minimum withdrawal amount, but I personally don’t because I like to utilize a portion of my crypto to earn interest and have it go to work for me.

I also want to point out that this device is super quiet and does not generate almost any heat, like most mining rigs do. This is quieter and sleeker than a playstation and takes less power too. This can easily go in every kitchen, office, or bedroom (if you want a nightlight), without causing a disruption.

If your goal is to participate in mining and earn passive income without: tons of work, research, loud noises, and excessive cooling and electricity costs, you won’t be disappointed.

CLICK HERE TO BUY THE COINMINE FOR ONLY $649 WHEN USING DISCOUNT CODE “BITCOINLOCKUP” AT CHECKOUT

Is The CoinMine One Worth The Price Of $799?

 

At their normal price of $799, it can seem a little steep, but it will eventually pay off, because cryptocurrency is still very early.

Luckily for you, I have a special referral code for my readers so they can utilize my specific Coinmine One discount code. All you need to do is click HERE and enter code “BITCOINLOCKUP” at checkout to drop the price to only $649.99, saving you some money right away.

This is the best discount they offer, so I wouldn’t expect to find it cheaper anywhere else. At this price, it’s definitely worth it and it’s been nothing but a positive experience and with the compound interest option automatically applied, you’ll recoup your initial investment sooner than you think. There is no longer a reason to wait!

CoinMine One Conclusion

 

Overall, Is this device the most efficient way to mine cryptocurrency? No. Is this the path to the most profitability to participate in cryptocurrency mining? No. So why would I do it?

This is designed for people that are new to the ecosystem that want to participate in securing the network of the coin they want to support and allows them to do it easily and safely without ANY technical knowledge required. It takes more skill to setup a playstation than it does with this device.

You can use the calculator on the site to see how long it could take to break even or become profitable, but you shouldn’t expect a return within the first year. Now, it is possible to become profitable much quicker, but that ultimately depend on the overall market and price of the coin you are mining.

So, is it worth the price? That honestly depends, for me this wasn’t strictly about profitability but finding a non-technical way to quickly and easily immerse myself into the ecosystem and be apart of something better!

CLICK HERE TO BUY THE COINMINE FOR ONLY $649 WHEN USING DISCOUNT CODE “BITCOINLOCKUP” AT CHECKOUT

What do you think? Would you buy the CoinMine One? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Ellipal Titan vs D’CENT (2020) | Which Wireless Hardware Wallet Is More Secure?

Ellipal Titan vs D’CENT! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

 

Ellipal Titan: Overview

 

This is a really unique device and has a very robust form factor that has ratings that rival that of some high-end smartphones. What separates this hardware wallet from the majority of other popular wallets is its communication method. So, what do I mean by that? This device has NO: USB Connection, NFC Connection, WiFi Connection, Bluetooth Connection, or Cellular Connection. So, how do you use it? The short answer is: QR Codes.

 

 

Ellipal Titan: Security

 

 

This is a 100% air-gapped device, so ultimately it is more secure than any other way to interact with a hardware wallet. Period. The device has a tamper-resistant enclosure that includes a self-destruct mechanism for any potential way to access the internals of the device. 

It is built in such a way that if anyone tries to break the screen or drill a hole through the device in an attempt to open its internal layout, the private keys will be erased. This is extremely powerful and will ultimately deter people from trying to hack this completely wireless device.

 

 

Ellipal Titan: User Experience (UX)

 

 

This hardware wallet has a camera, a 4-inch full color display, and does not display any balances on the device itself. The portfolio management and execution of the device is managed via a companion iOS and Android app that is used to initiate transactions and allows you to utilize the camera from your smartphone to transfer funds securely to the cold wallet, and vice versa.

I have been using this device for several weeks now, and in my personal opinion, it has been super easy to use and also very secure. I like knowing that my device is essentially indestructible and does not require any other 3rd party connection in order for it to function. This not only makes it very convenient, but it also very secure and eliminates room for error when typing or copying pasting wallet addresses that you are trying to transact with.

 

Ellipal Titan: Coin Support

 

 

This is always the section I check the most when reviewing hardware wallets, because although functionality and security are important, none of that matters unless it supports the coins you want to store offline. So here is the current list of supported coins and the one that are currently in development listed in the above picture.

 

 

D’CENT: Overview

 

 

The D’CENT is a mobile and bluetooth connected wireless hardware wallet device. With additional biometric security and the ease of use, this is a contender for the easiest to use mobile and wireless wallet. So how is it different than Ledger Nano X or other bluetooth devices? The Biometric security is a large differentiator here. It’s super convenient and makes it easy to sign and authenticate transactions on the go.

This means if you want to move your crypto from cold storage to a hot wallet, it can be done quickly and easily. A common scenario here would be if you are trying to pay a friend or you’re shopping and want to pay for a product in store very seamlessly. Let’s take a look at the security, features, and price below to go into a little more detail.

 

 

D’CENT: Security

 

 

The flagship feature of D’CENT is hands down the biometric security feature of the fingerprint sensor. There are some other hardware wallets that communicate with mobile, and can utilize Face ID or Touch ID for extra authentication with their mobile app, but this gives your authentication on the physical device as well. This is a unique and very secure feature that is not used by any other hardware wallet currently on the market.

The hardware wallet features a built-in fingerprint scanner that manages access to the hardware wallet. This security process improves the convenience for the users and enhances the security during access control. It also provides the wallet with fast transaction signing.

 

  • Multi-IC architecture design
  • Bank grade EAL 5+ Secure Element (This is the same security chip used in the Ledger Nano X)
  • Secure OS embedded on microprocessor

 

 

D’CENT: User Experience (UX)

 

 

One of the main features I like here is the option to generate a valid QR code on the large OLED screen of this device as a way to send funds directly from your smartphone to your D’CENT wallet. This is super convenient and truly makes this a wireless and independent device that can be used on the go via the D’CENT app, which also includes a market price section and of course all of your wallets and current fiat amount stored within each one.

What’s also nice is you no longer need to backup and restore this device for firmware upgrades like you do with other devices (although you can, since this device can also support bluetooth and USB connectivity if you choose). This makes this a very convenient choice when considering the ease of use and security when choosing how to secure your private keys.

 

 

D’CENT: Coin Support

 

The coin support is varied. The D’CENT can store and support: Bitcoin, Ethereum, ERC20 tokens, RSK, RRC20 (RSK tokens), Ripple (XRP), and MONACOIN. To many, this may not seem like it is very much, however, a majority of the major tokens are ERC-20 tokens and all can be supported natively on this device, which is good. I have not come across a hardware wallet yet that supports RSK and RRC20 tokens yet natively, so that definitely makes this an exclusive hardware wallet first for the D’CENT wallet!

 

 

Ellipal Titan vs D’CENT: Conclusion

 

Overall, these are two very unique wallets, even though they are both wireless. On the one hand, the D’CENT wallet is cheaper (with my current discount of $106) and has a biometric authentication via fingerprint sensor. This is extremely compelling.

On the other hand, the Ellipal Titan is completely air gapped and is transmitted through scanning QR codes on the device camera and allows for multi-factor authentication. Both are unique in my opinion and have different selling points.

At the end of the day, you need to ask yourself what coins you need to store offline, and if you prefer a large or smaller device. They are both secure in their own unique ways, but I would have to still go in favor of the ELLIPAL TITAN

You can’t beat the air-gapped security, and the user experience is much better on a larger screen, which also makes it easier to navigate and use on a regular basis. Although, if there was an under screen fingerprint sensor on future hardware wallet, that was also air-gapped and transmitted through QR codes, that would be a home run.

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Ellipal Titan vs BC VAULT (2020) | 2 Best Hardware Wallets Out Right Now?

Ellipal Titan vs BC VAULT! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

 

Ellipal Titan: Overview

 

This is a really unique device and has a very robust form factor that has ratings that rival that of some high-end smartphones. What separates this hardware wallet from the majority of other popular wallets is it’s communication method. So, what do I mean by that? This device has NO: USB Connection, NFC Connection, WiFi Connection, Bluetooth Connection, or Cellular Connection. So, how do you use it? The short answer is: QR Codes.

 

Ellipal Titan: Security

 

 

This is a 100% air-gapped device, so ultimately it is more secure than any other way to interact with a hardware wallet. Period. The device has a tamper-resistant enclosure that includes a self-destruct mechanism for any potential way to access the internals of the device. 

It is built in such a way that if anyone tries to break the screen or drill a hole through the device in an attempt to open its internal layout, the private keys will be erased. This is extremely powerful and will ultimately deter people from trying to hack this completely wireless device.

Ellipal Titan: User Experience (UX)

 

This hardware wallet has a camera, a 4-inch full color display, and does not display any balances on the device itself. The portfolio management and execution of the device is managed via a companion iOS and Android app that is used to initiate transactions and allows you to utilize the camera from your smartphone to transfer funds securely to the cold wallet, and vice versa.

I have been using this device for several weeks now, and in my personal opinion, it has been super easy to use and also very secure. I like knowing that my device is essentially indestructible and does not require any other 3rd party connection in order for it to function. This not only makes it very convenient, but it also very secure and eliminates room for error when typing or copying pasting wallet addresses that you are trying to transact with.

 

Ellipal Titan: Coin Support

 

 

This is always the section I check the most when reviewing hardware wallets, because although functionality and security are important, none of that matters unless it supports the coins you want to store offline. So here is the current list of supported coins and the one that are currently in development listed in the below picture.

BC VAULT: Overview

 

Unlike most other popular cryptocurrency hardware wallets, like Ledger Nano X and Trezor Model T, you do not set up a recovery seed card before you initialize the device. In fact, there is a gyro sensor for you to randomly generate private keys by physically shaking the device (seriously).

You can also hold more than 2000 unique wallets within the web app, and can granularly set specific passwords for each one and setup multiple PIN’s to not only make it more secure, but also allows for an easy way to share the device and use Multi-Sig. In fact, this is the first device that natively allows you to use Multi-Sig on a per wallet basis and set multiple PIN’s.

This wallet does not use HD wallets, so each wallet has its own unique backup. This does make it more secure, however, if you lose or forget the global PIN and global password for the device, your funds are locked inside forever. They do have an encrypted QR code backup for each individual wallet, or you can create a backup on the included micro SD card that comes in the box.

 

BC VAULT: Security

 

 

The storage is reliable. The BC Vault’s private keys have complete encryption and they are stored in the FRAM device. The FRAM is fully tamper-resistant and thanks to the reversible USB 3.0 Type-C connector any damage occurring from mechanical error is fully prevented.

In addition to the secure FeRAM that is securely encrypted, and the large display which is useful when confirming transactions, you have peace of mind not having to worry about anyone locating or using a recovery seed phrase to render your funds useless.

You can also import any private keys you have elsewhere via the SD card as well, so you can easily interchange private keys from other wallets if you have them in the correct format.

BC VAULT: User Experience (UX)

 

 

This wallet has some pretty unique features I will admit, and it’s pretty refreshing. For example, you can use multiple cryptocurrencies at once. There are no “apps” you need to install or fear or worry of running out of space that most wallets have when upgrading the firmware.

Additionally, the amount of coins and wallets that can be used/stored simultaneously is astounding. As mentioned above, you can have up to 2000 unique wallets and can interchange multiple cryptos in multiple wallets.

 

BC VAULT: Coin Support

 

This is usually one of the most important factors when deciding on a hardware wallet (with the exception of security). If the wallet doesn’t currently support the coins you need to store offline, you can’t really take it too seriously as a deciding factor for purchase. Regardless of whether or not they claim to add more coins in the future.

 Needless to say, they have some unique choices for coin support HERE.

 

 

Ellipal Titan vs BC VAULT: Conclusion

 

This is a really close call. Each of these wallets have some unique features that I use for different use cases. When it comes to the BC VAULT, I can securely share this wallet with multiple people and it’s honestly the best user experience when it comes to multi-sig on a hardware wallet. Period.

When it comes to the Ellipal Titan, the completely wireless and air-gapped security is extremely compelling. It makes it very easy to use on the go, and not be tethered to a computer. The ease of use and over user experience is much improved from the last iteration of this product and I personally have been using this for long term “hodling” lately, and as a single user with no need for multi-sig on this type of device, it’s been extremely pleasant to use.

At the end of the day, these are really built for two different use cases (in my opinion), but both have great coin support and have very unique security features that set them apart from the rest of the pack. 

If I could only choose one and I didn’t specifically need multi-sig for a specific reason, I would go with the ELLIPAL TITAN. I’ve used almost every single hardware wallet on the market and the ease of use and peace of mind is enough to make me feel secure and makes it easy to send your private keys offline. You really can’t go wrong with ANY of these wallets, but just think about how you want to manage your crypto assets on a regular basis.

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Ellipal Titan vs KeepKey (2020) | Which Hardware Wallet Has A Better UX?

Ellipal Titan vs KeepKey! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

 

Ellipal Titan: Overview

 

This is a really unique device and has a very robust form factor that has ratings that rival that of some high-end smartphones. What separates this hardware wallet from the majority of other popular wallets is its communication method. So, what do I mean by that? This device has NO: USB Connection, NFC Connection, WiFi Connection, Bluetooth Connection, or Cellular Connection. So, how do you use it? The short answer is: QR Codes.

 

Ellipal Titan: Security

 

 

This is a 100% air-gapped device, so ultimately it is more secure than any other way to interact with a hardware wallet. Period. The device has a tamper-resistant enclosure that includes a self-destruct mechanism for any potential way to access the internals of the device. 

It is built in such a way that if anyone tries to break the screen or drill a hole through to device in an attempt to open its internal layout, the private keys will be erased. This is extremely powerful and will ultimately deter people from trying to hack this completely wireless device.

Ellipal Titan: User Experience (UX)

 

This hardware wallet has a camera, a 4-inch full color display, and does not display any balances on the device itself. The portfolio management and execution of the device is managed via a companion iOS and Android app that is used to initiate transactions and allows you to utilize the camera from your smartphone to transfer funds securely to the cold wallet, and vice versa.

I have been using this device for several weeks now, and in my personal opinion, it has been super easy to use and also very secure. I like knowing that my device is essentially indestructible and does not require any other 3rd party connection in order for it to function. This not only makes it very convenient, but it also very secure and eliminates room for error when typing or copying pasting wallet addresses that you are trying to transact with.

 

Ellipal Titan: Coin Support

 

 

This is always the section I check the most when reviewing hardware wallets, because although functionality and security are important, none of that matters unless it supports the coins you want to store offline. So here is the current list of supported coins and the one that are currently in development listed in the below picture.

KeepKey: Overview

 

KeepKey has been one of my absolute favorite hardware wallets to use in 2019. I was asked to test and report back issues with the ShapeShift beta that was a complete overhaul and utilized the KeepKey as it’s cornerstone of promoting keeping possession of your private keys under your control while you conduct trades, which has never been done before.

It was an ambitious goal, but they pulled it off in spades, and as a result it resulted in one of the best user experiences while using a hardware wallet I’ve ever encountered. It was quick, safe, and makes it easier than ever to manage your assets, portfolio, and trades all while keeping all your keys on a hardware wallet and never forfeiting custody. This is truly a game-changer and will pave the way for future hardware wallets moving into the next decade.

Let’s find out why below!

 

KeepKey: Security

 

KeepKey has a true random number generator (TRNG) for it’s PIN interface for extra physical security. In addition to offline storage, KeepKey’s PIN code and number randomization makes sure that

1) Your wallet is secure from physical theft.

2) That a hacker couldn’t steal bitcoins from your wallet with malware.

KeepKey is an HD wallet, meaning your entire wallet can be backed up with the 12 words generated on setup. 12 words is the default setting, although KeepKey supports seed lengths of 18 and 24.

The seed is generated using entropy from both the device itself and the computer used for setup. The seed is generated offline on the KeepKey and displayed on the device’s screen. The device’s offline screen makes sure the seed is never displayed on an internet-connected device.

 

KeepKey: User Experience (UX)

 

 

This is a complete overhaul that includes all of their services including: Instant Trades, Real-Time Market Data via CoinCap, In-App Crypto Purchases, and KeepKey Integration. 

That last part is of particular interest to me because I’ve wanted to find a way to execute purchases and trades while having my KeepKey connected, while ensuring that my private keys are protected throughout the entire process.

This is a very important detail, especially if you want to make purchases online with that extra protection and also ensure that my private keys are never compromised in a trade. This truly is the ultimate non-custodial hardware wallet solution. Here’s a few screenshots and user flows based on my experience using this web app.

 

KeepKey: Coin Support

 

Natively, this wallet in the current beta form supports over 40 assets with more on the way! Here is a current list of assets that are supported right now.  Now let’s get into the nitty-gritty. For years, KeepKey only supported: Bitcoin, Litecoin, Ethereum, Namecoin, Dogecoin, and Dash. For a hardware wallet that needs to compete in this market place, that needed a serious upgrade.

Luckily, they have been making some AMAZING changes and not only added a ton of ERC-20 Support, but more importantly, they are revamping their entire platform to have one fluid, seamless application that integrates all of their core services (See my previous post for details on this). This is extremely powerful, and a decision that I believe will catapult them ahead of the competition. They are currently in a closed beta, and it is expected that they will be releasing this later in 2019. Stay tuned for news on this.

Some of the notable coins that have been added are:

-Chainlink (LINK)

-DigixDAO (DGD)

-Binance Coin (BNB)

-Dai (DAI)

-Maker (MKR)

-TrueUSD (TUSD)

 

 

Ellipal Titan vs KeepKey: Conclusion

 

Overall, this is a very difficult choice. These 2 wallets have been my favorite user experience of any hardware wallets in the past 2 months. However, I use them for VERY different purposes.

First, I use the KeepKey for when I want to make crypto trades and not have to send my private keys to the exchange. This is the only hardware wallet (currently) that allows you to trade and still maintain full non-custodial control throughout the entire process. As mentioned above, they completely revamped their software to include trading, portfolio management, and more.

With that said, the Ellipal Titan does allow you to trade certain coins using their QR code transfer process, but you still have to transfer your private keys to a 3rd party while the trade executes, which is pretty close, but not the same.

I use the Ellipal Titan for long term “HODLing” and the KeepKey for trading and portfolio management. There is no “wrong” choice, it ultimately depends on your trading habits and your goals. At the end of the day, I would still go with the ELLIPAL TITAN, for the reasons stated above, but the KeepKey is a VERY close second.

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

SafePal vs Ellipal Titan (2020) | Which Air-Gapped Hardware Wallet Is Better?

SafePal vs Ellipal Titan! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

 

SafePal: Overview

 

This device was originally created by Binance Labs division and wanted to have a unique approach to a hardware wallet that was cheap enough for the average user, but also supported the Binance chain and added support for their internal projects. This really is a unique entry level hardware wallet, that greatly differs in terms of design, functionality, and overall user experience.

SafePal: Security

 

 

This can be considered one of the most attractive features of the device as it’s only $39.99 for this hardware wallet. Yes, you read that right. But why is it so cheap? Well, even though it looks like a very sleek and expensive device, its is made of plastic coating and a very small camera module that is used to transact at a very low resolution.l It’s obvious that they built this as cheaply as they could, while still remaining secure.

This is not necessarily a bad thing, but you also get what you pay for. One of the key features that sets this device apart from most other competing hardware wallets is the fact that there is NO:

  • NFC
  • BLUETOOTH
  • USB
  • CELLULAR
  • EXTERNAL DEVICE CONNECTIONS

This gives it extra security, but it also makes it easier to use, as there are no extra devices necessary for this to operate, other than your smartphone. All you need right out of the box is a charger that supports USB-A to charge the device and a smartphone to download the SafePal App to setup and initialize the device.

 

SafePal: User Experience (UX)

 

This is the cheapest completely wireless hardware wallet on the market. It interacts only with your smartphone and the camera embedded into the device that allows you to transmit encrypted data via the QR code. This is truly a unique device.

This is a pretty solid introductory hardware wallet. It’s unique from it’s direct competitors and its simple and easy to use. As mentioned above, it has no connection weaknesses and cannot be hacked by any radio frequency or directly connected internet device. 

It’s truly a unique wireless hardware wallet that can be used on the go and is one of only a few hardware wallets that are “truly wireless” with no dependence on other devices. Oh, and did I mentioned it’s under $40?

 

SafePal: Coin Support

 

 

This is the one weak point of this product is the lack of coin support, as it only supports: Bitcoin, Ether (and ERC-20 Tokens), BNB, Litecoin, Dash, and Bitcoin Cash. However, they have mentioned that there is Ripple (XRP) and Tron (TRX) coming very shortly. They truly are attempting to add more coins, and over time, if they don’t raise their price, this option will be a slam dunk for most users.

Additionally, I will add that the Binance Chain Coins (BEP2) tokens are also supported as this is a Binance hardware wallet after all. Below Is a full list of coins currently supported.

Ellipal Titan: Overview

 

This is a really unique device and has a very robust form factor that has ratings that rival that of some high-end smartphones. What separates this hardware wallet from the majority of other popular wallets is its communication method. So, what do I mean by that? This device has NO: USB Connection, NFC Connection, WiFi Connection, Bluetooth Connection, or Cellular Connection. So, how do you use it? The short answer is: QR Codes.

 

Ellipal Titan: Security

 

 

This is a 100% air-gapped device, so ultimately it is more secure than any other way to interact with a hardware wallet. Period. The device has a tamper-resistant enclosure that includes a self-destruct mechanism for any potential way to access the internals of the device. 

It is built in such a way that if anyone tries to break the screen or drill a hole through to device in an attempt to open its internal layout, the private keys will be erased. This is extremely powerful and will ultimately deter people from trying to hack this completely wireless device.

Ellipal Titan: User Experience (UX)

 

This hardware wallet has a camera, a 4-inch full color display, and does not display any balances on the device itself. The portfolio management and execution of the device is managed via a companion iOS and Android app that is used to initiate transactions and allows you to utilize the camera from your smartphone to transfer funds securely to the cold wallet, and vice versa.

I have been using this device for several weeks now, and in my personal opinion, it has been super easy to use and also very secure. I like knowing that my device is essentially indestructible and does not require any other 3rd party connection in order for it to function. This not only makes it very convenient, but it also very secure and eliminates room for error when typing or copying pasting wallet addresses that you are trying to transact with.

 

Ellipal Titan: Coin Support

 

 

This is always the section I check the most when reviewing hardware wallets, because although functionality and security are important, none of that matters unless it supports the coins you want to store offline. So here is the current list of supported coins and the one that are currently in development listed in the above picture.

 

 

SafePal vs Ellipal Titan: Conclusion

 

Overall, these are very similar devices in many ways. They both are air-gapped. They both utilize encrypted QR codes for transmission, and they both are completely mobile and wireless. 

Having said that, these are at two opposite ends of the spectrum in terms of overall build and quality. The form factor of the SafePal is slim and nice, however it is plastic and can easily be broken and/or pried open if someone really wanted access to the internals.

The Ellipal Titan is the clear winner here, as its form factor is designed to withstand most elements and has an “anti-tampering” design that makes it almost impossible to break open. That level of quality and security against attacks (and it breaking when being dropped), is no where to be found in this class of hardware wallets. You really can’t go wrong with the Ellipal Titan, as it’s become my “go to” wallet for 2020 (so far).

 

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

SafePal vs KeepKey (2020) | Which One Would Is Better?

SafePal vs KeepKey! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

KeepKey: Overview

 

 

KeepKey has been one of my absolute favorite hardware wallets to use in 2019. I was asked to test and report back issues with the ShapeShift beta that was a complete overhaul and utilized the KeepKey as it’s cornerstone of promoting keeping possession of your private keys under your control while you conduct trades, which has never been done before.

It was an ambitious goal, but they pulled it off in spades, and as a result it resulted in one of the best user experiences while using a hardware wallet I’ve ever encountered. It was quick, safe, and makes it easier than ever to manage your assets, portfolio, and trades all while keeping all your keys on a hardware wallet and never forfeiting custody. This is truly a game-changer and will pave the way for future hardware wallets moving into the next decade.

Let’s find out why below!

 

KeepKey: Security

 

KeepKey has a true random number generator (TRNG) for it’s PIN interface for extra physical security. In addition to offline storage, KeepKey’s PIN code and number randomization makes sure that

1) Your wallet is secure from physical theft.

2) That a hacker couldn’t steal bitcoins from your wallet with malware.

KeepKey is an HD wallet, meaning your entire wallet can be backed up with the 12 words generated on setup. 12 words is the default setting, although KeepKey supports seed lengths of 18 and 24.

The seed is generated using entropy from both the device itself and the computer used for setup. The seed is generated offline on the KeepKey and displayed on the device’s screen. The device’s offline screen makes sure the seed is never displayed on an internet-connected device.

KeepKey: User Experience (UX)

 

 

This is a complete overhaul that includes all of their services including: Instant Trades, Real-Time Market Data via CoinCap, In-App Crypto Purchases, and KeepKey Integration. That last part is of particular interest to me because I’ve wanted to find a way to execute purchases and trades while having my KeepKey connected, while ensuring that my private keys are protected throughout the entire process.

This is a very important detail, especially if you want to make purchases online with that extra protection and also ensure that my private keys are never compromised in a trade. This truly is the ultimate non-custodial hardware wallet solution. Here’s a few screenshots and user flows based on my experience using this web app.

 

KeepKey: Coin Support

 

Natively, this wallet in the current beta form supports over 40 assets with more on the way! Here is a current list of assets that are supported right now.  Now let’s get into the nitty-gritty. For years, KeepKey only supported: Bitcoin, Litecoin, Ethereum, Namecoin, Dogecoin, and Dash. For a hardware wallet that needs to compete in this market place, that needed a serious upgrade.

Luckily, they have been making some AMAZING changes and not only added a ton of ERC-20 Support, but more importantly, they are revamping their entire platform to have one fluid, seamless application that integrates all of their core services (See my previous post for details on this). This is extremely powerful, and a decision that I believe will catapult them ahead of the competition. They are currently in a closed beta, and it is expected that they will be releasing this later in 2019. Stay tuned for news on this.

Some of the notable coins that have been added are:

-Chainlink (LINK)

-DigixDAO (DGD)

-Binance Coin (BNB)

-Dai (DAI)

-Maker (MKR)

-TrueUSD (TUSD)

SafePal: Overview

 

This device was originally created by Binance Labs division and wanted to have a unique approach to a hardware wallet that was cheap enough for the average user, but also supported the Binance chain and added support for their internal projects. This really is a unique entry level hardware wallet, that greatly differs in terms of design, functionality, and overall user experience.

 

SafePal: Security

 

 

This can be considered one of the most attractive features of the device as it’s only $39.99 for this hardware wallet. Yes, you read that right. But why is it so cheap? Well, even though it looks like a very sleek and expensive device, its is made of plastic coating and a very small camera module that is used to transact at a very low resolution.l It’s obvious that they built this as cheaply as they could, while still remaining secure.

This is not necessarily a bad thing, but you also get what you pay for. One of the key features that sets this device apart from most other competing hardware wallets is the fact that there is NO:

  • NFC
  • BLUETOOTH
  • USB
  • CELLULAR
  • EXTERNAL DEVICE CONNECTIONS

This gives it extra security, but it also makes it easier to use, as there are no extra devices necessary for this to operate, other than your smartphone. All you need right out of the box is a charger that supports USB-A to charge the device and a smartphone to download the Safepal App to setup and initialize the device.

SafePal: User Experience (UX)

 

This is the cheapest completely wireless hardware wallet on the market. It interacts only with your smartphone and the camera embedded into the device that allows you to transmit encrypted data via the QR code. This is truly a unique device.

This is a pretty solid introductory hardware wallet. It’s unique from it’s direct competitors and its simple and easy to use. As mentioned above, it has no connection weaknesses and cannot be hacked by any radio frequency or directly connected internet device. It’s truly a unique wireless hardware wallet that can be used on the go and is one of only a few hardware wallets that are “truly wireless” with no dependence on other devices. Oh, and did I mentioned it’s under $40?

 

SafePal: Coin Support

 

 

This is the one weak point of this product is the lack of coin support, as it only supports: Bitcoin, Ether (and ERC-20 Tokens), BNB, Litecoin, Dash, and Bitcoin Cash. However, they have mentioned that there is Ripple (XRP) and Tron (TRX) coming very shortly. They truly are attempting to add more coins, and over time, if they don’t raise their price, this option will be a slam dunk for most users.

Additionally, I will add that the Binance Chain Coins (BEP2) tokens are also supported as this is a Binance hardware wallet after all. Below Is a full list of coins currently supported.

 

SafePal vs KeepKey: Conclusion

 

Overall, these are two of the cheapest (as of this writing) hardware wallets you can get right now, with quality security propositions. With the KeepKey, you can for the first time trade your crypto non-custodially and manage your portfolio without ever handing over your private keys. This is the first of its kind.

With the SafePal, you are 100% air-gapped and there is no way to intercept the transmission, because there are no signals. Because everything is transmitted through QR codes, you know that you’re completely off the grid.

In the end, it really depends on what your crypto goals are. If you are someone who likes to trade, I would go with the KeepKey, hands down. Being able to trade and manage your portfolio while maintaining full possession of your private keys is extremely compelling. 

If you only want to hold, say, BTC, LTC, and ETH, I would go with the SafePal. It’s simple to use with a mobile device and you don’t have to worry about ever mistyping a wallet address, as the QR code ensures that you never miss a beat when transacting. If I had to choose, I’d still go with KeepKey. Even though it’s not wireless, it provides a full portfolio management platform that covers all the bases for any seasoned or new crypto user.

 

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

SafePal vs BC VAULT (2020) | Which Wallet Is More Secure?

SafePal vs BC VAULT! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

BC VAULT: Overview

 

 

Unlike most other popular cryptocurrency hardware wallets, like Ledger Nano X and Trezor Model T, you do not set up a recovery seed card before you initialize the device. In fact, there is a gyro sensor for you to randomly generate private keys by physically shaking the device (seriously).

You can also hold more than 2000 unique wallets within the web app, and can granularly set specific passwords for each one and setup multiple PIN’s to not only make it more secure, but also allows for an easy way to share the device and use Multi-Sig. In fact, this is the first device that natively allows you to use Multi-Sig on a per wallet basis and set multiple PIN’s.

This wallet does not use HD wallets, so each wallet has its own unique backup. This does make it more secure, however, if you lose or forget the global PIN and global password for the device, your funds are locked inside forever. They do have an encrypted QR code backup for each individual wallet, or you can create a backup on the included micro SD card that comes in the box.

 

BC VAULT: Security

 

The storage is reliable. The BC Vault’s private keys have complete encryption and they are stored in the FRAM device. The FRAM is fully tamper-resistant and thanks to the reversible USB 3.0 Type-C connector any damage occurring from mechanical error is fully prevented.

In addition to the secure FeRAM that is securely encrypted, and the large display which is useful when confirming transactions, you have peace of mind not having to worry about anyone locating or using a recovery seed phrase to render your funds useless.

You can also import any private keys you have elsewhere via the SD card as well, so you can easily interchange private keys from other wallets if you have them in the correct format.

BC VAULT: User Experience (UX)

 

 

This wallet has some pretty unique features I will admit, and it’s pretty refreshing. For example, you can use multiple cryptocurrencies at once. There are no “apps” you need to install or fear or worry of running out of space that most wallets have when upgrading the firmware.

Additionally, the amount of coins and wallets that can be used/stored simultaneously is astounding. As mentioned above, you can have up to 2000 unique wallets and can interchange multiple cryptos in multiple wallets.

 

BC VAULT: Coin Support

 

This is usually one of the most important factors when deciding on a hardware wallet (with the exception of security). If the wallet doesn’t currently support the coins you need to store offline, you can’t really take it too seriously as a deciding factor for purchase. Regardless of whether or not they claim to add more coins in the future.

 Needless to say, they have some unique choices for coin support HERE.

SafePal: Overview

 

This device was originally created by Binance Labs division and wanted to have a unique approach to a hardware wallet that was cheap enough for the average user, but also supported the Binance chain and added support for their internal projects. This really is a unique entry level hardware wallet, that greatly differs in terms of design, functionality, and overall user experience.

 

SafePal: Security

 

 

This can be considered one of the most attractive features of the device as it’s only $39.99 for this hardware wallet. Yes, you read that right. But why is it so cheap? Well, even though it looks like a very sleek and expensive device, its is made of plastic coating and a very small camera module that is used to transact at a very low resolution.l It’s obvious that they built this as cheaply as they could, while still remaining secure.

This is not necessarily a bad thing, but you also get what you pay for. One of the key features that sets this device apart from most other competing hardware wallets is the fact that there is NO:

  • NFC
  • BLUETOOTH
  • USB
  • CELLULAR
  • EXTERNAL DEVICE CONNECTIONS

This gives it extra security, but it also makes it easier to use, as there are no extra devices necessary for this to operate, other than your smartphone. All you need right out of the box is a charger that supports USB-A to charge the device and a smartphone to download the Safepal App to setup and initialize the device.

SafePal: User Experience (UX)

 

This is the cheapest completely wireless hardware wallet on the market. It interacts only with your smartphone and the camera embedded into the device that allows you to transmit encrypted data via the QR code. This is truly a unique device.

This is a pretty solid introductory hardware wallet. It’s unique from it’s direct competitors and its simple and easy to use. As mentioned above, it has no connection weaknesses and cannot be hacked by any radio frequency or directly connected internet device. It’s truly a unique wireless hardware wallet that can be used on the go and is one of only a few hardware wallets that are “truly wireless” with no dependence on other devices. Oh, and did I mentioned it’s under $40?

 

SafePal: Coin Support

 

 

This is the one weak point of this product is the lack of coin support, as it only supports: Bitcoin, Ether (and ERC-20 Tokens), BNB, Litecoin, Dash, and Bitcoin Cash. However, they have mentioned that there is Ripple (XRP) and Tron (TRX) coming very shortly. They truly are attempting to add more coins, and over time, if they don’t raise their price, this option will be a slam dunk for most users.

Additionally, I will add that the Binance Chain Coins (BEP2) tokens are also supported as this is a Binance hardware wallet after all. Below Is a full list of coins currently supported.

 

SafePal vs BC VAULT: Conclusion

 

Overall, these are two very unique wallets at two ends of the spectrum in terms of quality, price, and overall usability. On the one hand, the SafePal is an entry level device which you can get for under $40 and is completely air-gapped and wireless. It doesn’t hold that many coins yet, but it will slowly add more coin support over time.

The BC VAULT is more of an advanced user wallet, that not only supports multiple wallets, but can securely share wallets with multi-sig and also securely share it among family and friends. This is a very robust wallet offering and the easiest one to use with multi-sig, which is inherently more secure.

You can’t really go wrong with either of these wallets, but I would have to say the BC VAULT is going to be my choice here. It holds hundreds of more coins and have a very easy to use UI. Yes, this is NOT a wireless device, but its robust security features and vast coin support easily make up for its usability factor. I absolutely feel that this device is going to allow me to securely store all of my private keys offline, especially with shared wallets.

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

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