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Crypto Hardware Wallets Review SecuX Wallet

SecuX V20 Review (2020) | INSANE! Approach To A Bluetooth Hardware Wallet

By Zach — 5 years ago

In this review, we are going to deep-dive into the new hardware wallet by SecuX! Does the SecuX V20 a better user experience than the Ledger Nano X? Does It work with Bluetooth? How secure is this relatively new wallet? Does it provide a better hardware wallet experience than the main competitors? We are going to answer all of these questions and more in this in-depth review, so stay tuned!

Now, let’s get into the final of 3 reviews of the SecuX hardware wallets. You can find the review of the SecuX W10 device HERE. Starting from this one, (their top-tier device) all the way to their entry-level device the SecuX W10. Let’s get right to it!

 

 

SecuX V20 – First Impression

 

 

After unboxing and looking at the SecuX V20 device, I was pleasantly surprised that the overall quality and screen size was much larger than other mid-tier devices in this price range, such as the Ledger Nano X and the Trezor Model T. Now, those devices are classic and original devices, but they are tiny and made of a somewhat flimsy, plastic form-factor.

This device has a beautiful brushed aluminum reinforced hardware wallet. It has a clean flat display and the back has a durable padding rubber-like backing that is built for abuse and stability. I would have no qualms with dropping this device as it’s built very solidly and feels heavy in your hand, unlike their entry-level devices. The SecuX V20 has only one MicroUSB port and one button for activating the device and for 2FA. 

The SecuX V20 device is the only one with a unique form factor and octagon design that is very sleek and very durable. This device is connected by bluetooth! That means it has wireless support and can be managed with full functionality by the SecuX app for iOS and Android. It also has a USB cable, so it can be managed online with a web wallet as well, hence, why it’s considered a “Cross-Platform” device.

The unique and notable coins that are natively supported on these devices is Groestlcoin (GRS) and Ripple (XRP). Not many hardware wallets support these coins natively, however, almost all hardware wallets support an array of ERC-20 tokens and your main-stream coins, like BTC and ETH.

 

 

Features & Price

 

This device comes in at an entry price of $149 and is a USB connected device that does connect to a web application that allows you to fully manage the device. With a 2.8 inch color touch screen, you can use to manage and authorize transactions.

The picture below showcases the key features of this device, is the “Cross-Platform Support”, which means it can be managed via desktop, laptop, and mobile. Now, as I mentioned this device CAN conduct transactions via the mobile app, but also the Secux W20 can too, as they are bluetooth enabled. 

This truly is one of the first multiple platform devices that you can manage on the big desktop screen, as well as wirelessly on the go. It has a 600mAH battery which can be charged from an empty battery within 30 minutes on the second charge

 

Security

 

 

The SecuX V20  is placed with a CC EAL 5+ Certified Security Element (SE) which always ensures that stored private keys, as well as the device PIN code, are perfectly protected against any form of attack. Other significant security features include:

 

  • Pre-installed tamper-resistant firmware as well as an upgrade system
  • Physical confirmation for every transaction
  • A one-time password or custom PIN code for controlling device access or the wallet apps
  • Anti-tamper packaging
  • Randomized digital keyboard for preventing consequences of keystrokes


Also, the wallet complies with the BIP32, BIP39 and BIP44 standards which allow the user to generate passwords of 12, 18 and 24 words for funds recovery.

 

Coins Supported

 

 

This is usually the most important factor when considering the hardware that you choose. This entry level wallet from SecuX has support for the following coins as of this writing: BTC, ETH, XRP, BCH, GRS and LTC. It also supports all ERC-20 tokens as well.

Luckily, they update the firmware frequently and they plan on adding more coins as well in the near future. If you are new to “HODLing” and you do not need any specific coins outside of these top market cap coins and ERC-20 Ethereum-based tokens to start, then this is a good option.

 

 

Secux V20 – Conclusion

 

Overall, the SecuX V20 is a robust, and very secure wallet. For the price point, features and capabilities, the only thing that is comparable is the Ledger Nano X, which is also a bluetooth and wireless crypto wallet using the same security chip.

With the Ledger Nano X, it comes in a little cheaper at $119, and it also allows you to hold 100 apps (or different cryptocurrencies simultaneously), but it comes in a cheap and somewhat flimsy plastic enclosure that has a very tiny screen. Personally, I prefer a larger display and I’ve used almost all (if not all) hardware wallets out there, and confirming the address you’re sending to is MUCH easier to do on a large, bright, full color display. Additionally, this device has QR code support, which makes it easier when sending funds from a mobile wallet directly to your hardware wallet.

The one thing I did NOT like about the SecuX V20 is the lack of coin support with only 6 coins supported natively, and a handful of more coins to be supported in the future. If you plan on only “HODLing” the top 5 market-cap coins and perhaps a few ERC-20 tokens, I would probably say this is a better option and has a much cleaner and larger display for managing and verifying transactions.

With my discount, (Code: BITCOINLOCKUP), it will take the price to around $134 and free shipping. When compared to other entry level wallets, you can’t beat the sturdiness and large screen (which is more important than you think), when managing your assets offline.

 

CLICK HERE AND USE CODE “BITCOINLOCKUP” TO GET AN EXTRA 10% OFF!

 

What do you think? Is this a new contender for top-tier level hardware wallets? Let us know what you think down 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.

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Bitcoin Wallets Crypto Hardware Wallets Review SecuX Wallet

SecuX W20 Review (2020) | Cross-Platform Hardware Wallet

By Zach — 5 years ago

In this review, we are going to deep-dive into the new hardware wallet by SecuX! Does the SecuX W20 a better user experience than the Ledger Nano X? Does It work with Bluetooth? How secure is this relatively new wallet? Does it provide a better hardware wallet experience than the main competitors? We are going to answer all of these questions and more in this in-depth review, so stay tuned!

Now, let’s get into the second of 3 reviews of the SecuX hardware wallets. You can find the review of the SecuX W10 device HERE. Starting from this one, (their mid-level device) all the way to their flagship device the SecuX V20. Let’s get right to it!

 

 

SecuX W20 – First Impression

 

 

After unboxing and looking at the SecuX W20 device, I was pleasantly surprised that the overall quality and screen size was much larger than other mid-tier devices in this price range, such as the Ledger Nano X and the Trezor Model T. Now, those devices are classic and original devices, but they are tiny and made of a somewhat flimsy, plastic form-factor.

This device is also plastic, but it feels different. Kind of like a sturdier or more robust quality of more dense plastic that feels solid, yet lightweight when you hold it. The device has only one MicroUSB port and one button for activating the device and for 2FA. 

The device has the same form factor as the SecuX W10, but with one key difference. This device can connected by bluetooth! That means it has wireless support and can be managed with full functionality by the SecuX app for iOS and Android. It also has a USB cable, so it can be managed online with a web wallet as well, hence, why it’s considered a “Cross-Platform” device.

The unique and notable coins that are natively supported on these devices is Groestlcoin (GRS) and Ripple (XRP). Not many hardware wallets support these coins natively, however, almost all hardware wallets support an array of ERC-20 tokens and your main-stream coins, like BTC and ETH.

 

CLICK HERE TO BUY SECUX W20 WITH CODE “BITCOINLOCKUP” FOR AN EXTRA 10% OFF!

 

Features & Price

 

 

This device comes in at an entry price of $129 and is a USB connected device that does connect to a web application that allows you to fully manage the device. With a 2.8 inch color touch screen, you can use to manage and authorize transactions.

The picture below showcases the key features of this device, is the “Cross-Platform Support”, which means it can be managed via desktop, laptop, and mobile. Now, as I mentioned this device CAN conduct transactions via the mobile app, but also the Secux V20 can too, as they are both bluetooth enabled. 

This truly is one of the first multiple platform devices that you can manage on the big desktop screen, as well as wirelessly on the go. It has a 600mAH battery which can be charged from an empty battery within 30 minutes on a single charge. The device usually lasts all-day on a full charge so you can easily take it on the go and never have to worry about running out of battery when you need it most.

 

 

CLICK HERE TO BUY SECUX W20 WITH CODE “BITCOINLOCKUP” FOR AN EXTRA 10% OFF!

 

 

Security

 

 

The SecuX W20 is placed with a CC EAL 5+ (Same As Ledger Nano X) Certified Security Element (SE) which always ensures that stored private keys, as well as the device PIN code, are perfectly protected against any form of attack. Other significant security features include:

 

  • Pre-installed tamper-resistant firmware as well as an upgrade system
  • Physical confirmation for every transaction
  • A one-time password or custom PIN code for controlling device access or the wallet apps
  • Anti-tamper packaging
  • Randomized digital keyboard for preventing consequences of keystrokes


Also, the wallet complies with the BIP32, BIP39 and BIP44 standards which allow the user to generate passwords of 12, 18 and 24 words for funds recovery.

 

CLICK HERE TO BUY SECUX W20 WITH CODE “BITCOINLOCKUP” FOR AN EXTRA 10% OFF!

 

Coins Supported

 

 

This is usually the most important factor when considering the hardware that you choose. This entry level wallet from SecuX has support for the following coins as of this writing: BTC, ETH, XRP, BCH, GRS and LTC. It also supports all ERC-20 tokens as well.

Luckily, they update the firmware frequently and they plan on adding more coins as well in the near future. If you are new to “HODLing” and you do not need any specific coins outside of these top market cap coins and ERC-20 Ethereum-based tokens to start, then this is a good option.

 

CLICK HERE TO BUY SECUX W20 WITH CODE “BITCOINLOCKUP” FOR AN EXTRA 10% OFF!

 

 

Secux W20 – Conclusion

 

Overall, this is a robust, and very secure wallet. For the price point, features and capabilities, the only thing that is comparable is the Ledger Nano X, which is also a bluetooth and wireless crypto wallet using the same security chip.

With the Ledger Nano X, it comes in a little more expensive at $119, and it also allows you to hold 100 apps (or different cryptocurrencies simultaneously), but it comes in a cheap and somewhat flimsy plastic enclosure that has a very tiny screen. Personally, I prefer a larger display and I’ve used almost all (if not all) hardware wallets out there, and confirming the address you’re sending to is MUCH easier to do on a large, bright, full color display. Additionally, they have QR code support, which makes it easier when sending funds from a mobile wallet directly to your hardware wallet.

The one thing I did NOT like about the SecuX W20 is the lack of coin support with only 6 coins supported natively, and a handful of more coins to be supported in the future. If you plan on only “HODLing” the top 5 market-cap coins and perhaps a few ERC-20 tokens, I would probably say this is a better option and has a much cleaner and larger display for managing and verifying transactions.

With my discount, (Code: BITCOINLOCKUP), it will take the price to around $116 and free shipping. When compared to other entry level wallets, you can’t beat the sturdiness and large screen (which is more important than you think), when managing your assets offline.

 

CLICK HERE TO BUY SECUX W20 WITH CODE “BITCOINLOCKUP” FOR AN EXTRA 10% OFF!

 

What do you think? Is this a new contender for entry level hardware wallets? Let us know what you think down 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.

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Bitcoin Wallets Crypto Hardware Wallets Review SecuX Wallet

SecuX W10 Review (2020) | Best (XRP) Ripple Hardware Wallet?

By Zach — 5 years ago

In this review, we are going to deep-dive into the new hardware wallet by SecuX! Does the SecuX W10 a better user experience than the Ledger Nano X? Does It work with Bluetooth? How secure is this relatively new wallet? Does it provide a better Ripple (XRP) hardware wallet experience? We are going to answer all of these questions and more in this in-depth review, so stay tuned!

If you are also looking for ways to obtain free bitcoin while shopping online, be sure to check out my recent review of Lolli!

Now, let’s get into the first of 3 reviews of the SecuX hardware wallets starting from this one (their entry-level device) all the way to their flagship device the SecuX V20. Let’s get right to it!

 

SecuX W10 – First Impression

 

 

 After unboxing and looking at this entry-level device, I was pleasantly surprised that the overall quality and screen size was much larger than other entry level devices in this price range, such as the Ledger Nano S and the Trezor One. Now, those devices are classic and original devices, but they are tiny and made of somewhat flimsy, plastic form-factor.

This device is also plastic, but it feels different. Kind of like a sturdier or more robust quality of more dense plastic that feels solid, yet lightweight when you hold it. The device has only one MicroUSB port and one button for activating the device and for 2FA.

The unique and notable coins that are natively supported on these devices is Groestlcoin (GRS) and Ripple (XRP). Not many hardware wallets support these coins natively, however, almost all hardware wallets support an array of ERC-20 tokens and your main-stream coins, like BTC and ETH.

 

 

CLICK HERE AND USE CODE “BITCOINLOCKUP” TO BUY THIS WALLET FOR ONLY $89

 

Features & Price

 

 

 

This device comes in at an entry price of $99 and is a USB connected device that does connect to a web application that allows you to fully manage the device. With a 2.8 inch color touch screen, you can use to manage and authorize transactions.

The picture below showcases the key features of this device, is the “Cross-Platform Support”, which means it can be managed via desktop, laptop, and mobile. Now, as I mentioned this device cannot conduct transactions via the mobile app, but the SecuX W20 and Secux V20 can, as they are bluetooth enabled. 

However, you can still view your assets with this device in a view only state if you need to check your portfolio on the go.

 

CLICK HERE AND USE CODE “BITCOINLOCKUP” TO BUY THIS WALLET FOR ONLY $89

 

Security

 

 

The SecuX W10  is placed with a CC EAL 5+ Certified Security Element (SE) which always ensures that stored private keys, as well as the device PIN code, are perfectly protected against any form of attack. Other significant security features include:

 

  • Pre-installed tamper-resistant firmware as well as an upgrade system
  • Physical confirmation for every transaction
  • A one-time password or custom PIN code for controlling device access or the wallet apps
  • Anti-tamper packaging
  • Randomized digital keyboard for preventing consequences of keystrokes

 

Also, the wallet complies with the BIP32, BIP39 and BIP44 standards which allow the user to generate passwords of 12, 18 and 24 words for funds recovery.

 

Coins Supported

 

 

This is usually the most important factor when considering the hardware that you choose. This entry level wallet from SecuX has support for the following coins as of this writing: BTC, ETH, XRP, BCH, BNB, GRS and LTC. It also supports all ERC-20 tokens as well.

Luckily, they update the firmware frequently and they plan on adding more coins as well in the near future. If you are new to “HODLing” and you do not need any specific coins outside of these top market cap coins and ERC-20 Ethereum-based tokens to start, then this is a good option.

 

CLICK HERE AND USE CODE “BITCOINLOCKUP” TO BUY THIS WALLET FOR ONLY $89

 

 

Secux W10 – Conclusion

 

Overall, this is a robust, and very secure wallet. For the price point, features and capabilities, the only thing that is comparable is the Ledger Nano X, which is also a bluetooth and wireless crypto wallet using the same security chip.

With the Ledger Nano X, it comes in a little more expensive at $119, and it also allows you to hold 110 apps (or different cryptocurrencies simultaneously), but it comes in a cheap and somewhat flimsy plastic enclosure that has a very tiny screen.

The one thing I did NOT like about the SecuX W10 is the lack of coin support with only 6 coins supported natively, and a handful of more coins to be supported in the future. If you plan on only “HODLing” the top 5 market-cap coins and perhaps a few ERC-20 tokens, I would probably say this is a better option and has a much cleaner and larger display for managing and verifying transactions.

With my discount, (Code: BITCOINLOCKUP), it will take the price to around $89 and free shipping. When compared to other entry level wallets, you can’t beat the sturdiness and large screen (which is more important than you think), when managing your assets offline.

 

CLICK HERE AND USE CODE “BITCOINLOCKUP” TO BUY THIS WALLET FOR ONLY $89

 

What do you think? Is this a new contender for entry level hardware wallets? Let us know what you think down 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.

D'CENT Wallet
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Crypto Hardware Wallets D'CENT Wallet Review

D’CENT Wallet Review (2020) | The ONLY Biometric Crypto Hardware Wallet

By Zach — 5 years ago

In this review, we are going to deep-dive into the new hardware wallet by D’CENT! Does the D’CENT Wallet have a better user experience than the Ledger Nano X? Does It work with Bluetooth? How secure is this relatively new wallet? Does it provide a better hardware wallet experience than the main competitors? We are going to answer all of these questions and more in this in-depth review, so stay tuned!

If you are new to cryptocurrency hardware wallets and you want to compare which wallet is going to be best for you, you may want to check out the “Product Reviews” tab HERE.

But, since you are here for the D’CENT wallet review, let’s take a look at these details on the first biometric hardware wallet on the market. Let’s go!

 

D’CENT Wallet – 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.

 

CLICK HERE TO GET THE D’CENT HARDWARE WALLET FOR ONLY $106 FOR A LIMITED TIME!

 

Features & Price

 

 

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.

The PRICE is the nice part. Normally, this device is $159 USD, but for my readers, I am able to offer a special discount down to $140 (UPDATE: Until 11/28/19, You can get this device for only $106), when using code “bitcoinlockup” at checkout. This will ensure you will save some money in the process and will be more in line with the prices of other top-tier bluetooth hardware wallets.

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.

 

CLICK HERE TO GET THE D’CENT HARDWARE WALLET FOR ONLY $106 FOR A LIMITED TIME!

 

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

 

 

Additionally, you have multiple authentication methods, with the option to have a PIN and/or fingerprint sensor to authorize changes and sign transaction, so you will 2-step authentication built in.

 

CLICK HERE TO GET THE D’CENT HARDWARE WALLET FOR ONLY $106 FOR A LIMITED TIME!

 

Coins Supported

 

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!

 

 

D’CENT Wallet – Conclusion

 

Overall, the D’CENT has some unique coin support choices, has a quality look and feel in your hands (even though it’s made of plastic), and kind of resembles a key fob for a very high end car. It feels very nice in the hand. As mentioned above, this is the first biometric hardware wallet with a fingerprint sensor built in to the device. It supports enough coins for the average user and it always plans to add more.

This device really feels like the first flexible wireless hardware wallet that is easy to use in a quick scenario on the go and doesn’t require additional steps to update the device and access all of its features. If you are looking for something that feels good in your hand, is super secure, and is easy to use, then this might be your best option for a premium hardware wallet.

 

CLICK HERE TO GET THE D’CENT HARDWARE WALLET FOR ONLY $106 FOR A LIMITED TIME!

 

What do you think? Would you rather have use the Ledger Nano X or try this new contender for wireless security? 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.

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Bitcoin Wallets Crypto Hardware Wallets Review SafePal

SafePal S1 Review (2020) | Binance’s “Unique” Entry Level Hardware Wallet

By Zach — 5 years ago

In this review, we are going to deep dive into what makes the Safepal S1 hardware wallet unique. Why is it any better than Trezor or Ledger? Why is the price so much lower? How secure is this new and fairly unknown hardware wallet maker? Is it backed by Binance? Stay tuned for this article to get all of these questions answered and more!

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.

I will also link to the full reviews for the Trezor One hardware wallet, and the Ledger Nano S hardware wallet, HERE and HERE, respectively for comparison. Also, if you have any questions that were not answered here, leave a comment down below and I will personally answer them for you.

Now, onto the Safepal S1 hardware wallet. Let’s go!

 

CLICK HERE TO GET THE SAFEPAL S1 WALLET FOR ONLY $39.99

,

SafePal S1 – What Makes It Unique?

 

 

The Safepal hardware wallet is first and foremost an entry level hardware wallet competing directly with Trezor One and Ledger Nano S, in terms of pricing and functionality. However, although this wallet does not support anywhere near as many coins as the Trezor and Ledger (more on that bellow), but it’s truly a wireless, disconnected and unencumbered security device.

This device is 100% completely offline. This is not true of the two other wallets mentioned here. So how does this device work, then? Two words for you: QR Codes. The device has a camera installed on the back and has a 1.3 color LCD screen to verify transactions, which has the ability to display a QR code for you to make transactions directly from your smartphones mobile wallet, directly to the Safepal.

The Safepal S1 hardware wallet is built with dual chip architect. Embedded with financial grade EAL5+ crypto chip, S1 keeps your private key in top security. It has multiple layers of sensor detects any possible software or hardware attacks, and once a malicious attack is detected, the device will activate self-destroy and key-erasing mechanism, preventing anyone from stealing your money.

This is most likely why thy don’t ship the box with any anti-tampering mechanisms, much like Ledger.

 

CLICK HERE TO GET THE SAFEPAL S1 WALLET FOR ONLY $39.99

 

What’s In The Box?

 

 

This device has everything you need to get setup right out of the box (minus the Safepal App for your smartphone). Recovery seed cards, user manual, stickers, and more.

• SafePal S1
• User Manual
• USB Cable (Charging Only)
• Mnemonic Recovery Card (x3)
• SafePal Stickers (x2)
• Cleaning Cloth

There isn’t anything else you need, except either a charging adapter, or your computer to power up your device on the only button on the side of the device. However, my device came with a little juice already on it when I pulled it out of the box.

 

Features & Price

 

 

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.

Additionally, this is the first and only device to support the Binance DEX (decentralized exchange) for ERC-20 and BNB tokens for trading offline. Pretty sweet.

 

CLICK HERE TO GET THE SAFEPAL S1 WALLET FOR ONLY $39.99

 

Coins Supported

 

This is the one weal 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 – Conclusion

 

 

Overall, 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 $50?

There are higher quality and more durable devices that use a similar method of communication, such as the Cobo Vault and The Ellipal 2.0 (and upcoming Ellipal Titan), however those devices are much more expensive. Personally, If I mainly only wanted to secure Bitcoin, Ethereum, and only a handful of ERC-20 tokens, then I would definitely go with this device over the Ledger Nano S, or even the Trezor.

Not because the above are bad in any way (because they are not), but because for the price and no dependence on other devices, this is truly a contender for the best “entry-level” hardware wallet.

 

CLICK HERE TO GET THE SAFEPAL S1 WALLET FOR ONLY $39.99

 

What do you think? Is there a better deal for an entry level hardware wallet? Sound off 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.

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Cobo Tablet Cobo Vault Recovery Seed Backup Review

COBO Tablet Review (2020) | Best “Value” Crypto Seed Backup | Only $39

By Zach — 5 years ago

In this review, we are going to deep dive into the Cobo Tablet metal recovery seed phrase backup device. How does it work? How much does it cost? Why do I need one? How is it different from CryptoTAG or CryptoSteel? I am going to answer all of these questions and more, so stick around for the full article and also for a special offer just for my readers here. So why is recovery seed backups and crypto seed storage so important? In as little words as possible, it’s a backup to your backup. And it’s only $39.00.

This device is so affordable and useful for what it actually protects, that EVERY single crypto user that holds more than $39 worth of cryptocurrency should have one. Period. This device has been thoroughly tested to withstand substantial heat, water, corrosion and other abrasive substances.

 

Crafted from 304-grade stainless steel, the new Cobo Tablet is corrosion-free, resistant to salt water and acids, and has a fireproof threshold ranging from 2550 to 2650 degrees Fahrenheit, so you can be sure that whatever happens your recovery seeds will be safe within.

 

In addition to that, it also has a design element that allows you to add a padlock for those extra paranoid that want to ensure no innocent parties who stumble upon this can use it to steal your crypto.

If you are unfamiliar with the concept of metal recovery seed backups, I will link the reviews of CryptoSteel and CryptoTag ($99 and $185, respectively) HERE and HERE. This will give an in depth guide of how these devices work if you need a quick tutorial.

Let’s check out the Cobo Tablet details below!

 

Cobo Tablet – What’s In The Box?

 

 

Everything you need comes right in the box. All you need after you open the box, id your recovery seed card, which you will be able to safely set aflame once this is setup and installed correctly.

It comes with:

  • Cobo Tablet Stainless Steel Device
  • Screwdriver
  • Spare Screws
  • 252 Letter Tiles (Including a Few Blanks)
  • Basic Setup Guide

The tiles come in organized individually wrapped sheets that are alphabetically organized and easy to locate the letters you need to setup the device correctly. I will detail the setup process below and explain how easy it is to setup.

This process is actually a more seamless user experience than the CryptoSteel which just had scattered tiles that were all different sizes that needed to be sorted and found before you could actually install. You will not have this problem with Cobo Tablet, in fact, it took me less than half the time from start to finish to get this setup correctly.

 

CLICK HERE TO GET THE COBO TABLET FOR ONLY $39.00

 

Design & Setup

 

 

I showcase this a little bit better in the video listed down below, but here is an excerpt directly from Cobo on how the simple their product is. Here it is.

All you need to do is unscrew the plate, place the letters into the metal slots to create your recovery seed, and screw the plate back into place. No carving, etching or struggling to slide the characters into their right places. It is a very simple process that takes only a couple of minutes.

 

The new Cobo Tablet can support up to 24 words, but you can also use 12 or 18 depending on the length of your recovery seed. It is crafted in such a way that each word can hold only up to four letters. Obviously, you will use words that are longer, so you must be curious to know the reason behind this.

This product is made of the utmost quality. When I first pulled it out of the box, it felt really robust and solid. It didn’t feel cheap and/or flimsy and it gave off the first impression of being a stable and good quality product. I will also be doing a second video shortly that will detail the full tutorial and explain how to set this product up right out of the box (although you probably don’t need it, it’s super easy to figure out).

 

CLICK HERE TO GET THE COBO TABLET FOR ONLY $39.00

 

Who Is This For?

 

 

I’ll keep this short and sweet. If you have more than $39 or more worth of cryptocurrency, you need this product. Why? If something happened to your software or hardware wallet, could you afford that loss? Most people that take their crypto seriously will most certainly say no, so you need to ensure you have a backup of your backup. This is a VERY affordable product that serves a very valuable purpose. It needs no further explanation.

 

CLICK HERE TO GET THE COBO TABLET FOR ONLY $39.00

 

Cobo Tablet – Conclusion

 

 

Honestly, I liked this device better than the CryptoSteel and Bill Fodl. Why? Well, in addition to the price point which is less than half of both of these devices, I found the overall quality and user experience to be better. It took me much less time to setup, it came with everything neat and organized, and there wasn’t any need for the instruction booklet as it was pretty straight-forward. Now, I am not saying these other device are bad, because they aren’t at all.

When it came down to factoring in price, quality, ease-of-use, and overall impression, the Cobo Tablet won in all of those categories. I will say, however, that it didn’t beat the CryptoTAG. That device is a HODL’ers dream, as it comes in titanium, and you can use a freakin’ hammer to engrave your own seed (which was awesome and very satisfying to do by the way).

With that said, I could buy 7 Cobo Tablets for the price of one CryptoTag. The value is honestly unbeatable, and the quality felt comparable to the CryptoTAG, with the exception of the type of metal and the actual setup process.

If you don’t have ANY metal recovery seed backup, it’s essential. You need one. It’s honestly not optional at this point. If you can’t afford to lose your crypto, you can’t afford NOT to have one of these devices.

 

What do you think? Do you currently have a metal recovery seed backup for your software/hardware wallets? Let me know in the comments below!

 

Cheers,

 

The Crypto Renegade

 

CLICK HERE TO GET THE COBO TABLET FOR ONLY $39.00

 

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.

 

lolli review
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Earn Free Bitcoin Lolli App Passive Income Review Spend Bitcoin

Lolli Review (2020) | Earn Free Bitcoin Shopping Online NOW!

By Zach — 5 years ago

In this Lolli review, we are going to deep dive into what the Lolli App is how it works? How hard is it to use? Can I really earn free bitcoin? Is it worth my time? How does it all work? Luckily, we are going to address all of these questions and MORE in this review, so sit tight and learn why this revolutionary app can help you accumulate free bitcoin for what you are already doing anyways!

This review will go into how to shop online and earn free bitcoin, but there is also another app I’ve been using recently that explains a free app where you can earn free bitcoin while shopping in major stores in person as well. This is called the Life Info App, and you can read my in-depth review of that HERE.

Let’s get right to Lolli!

 

CLICK HERE TO GET 10$ IN FREE BITCOIN + DOWNLOAD LOLLI HERE

 

How Does It Work?

 

 

I’m sure you’ve heard of “Cash Back Rewards” before, as that’s a common thing these days when shopping and using your credit card. Lolli has come up with their own version of this, but it’s MUCH more interesting (to me, anyways). It’s earning bitcoin back.

So what does this mean? Well, it means that when you shop online on over 500+ major retailers websites, you can now earn a percentage of your purchase in free bitcoin rewards back. There is a list of supported retailers, which you can find HERE.

These stores vary in terms of what percentage of bitcoin they will give back as a reward, but it typically ranges anywhere from 10-15% and includes major retailers, like Groupon, Best Buy, Marriot, Sam’s Club, GoDaddy, and even Walmart.

As a privacy advocate, I will share a secret of the largest discount I have found yet at a whopping 37.5% bitcoin back and it’s for a trusted VPN service, called PureVPN. Use this link HERE to get not only a special discount for my readers, but the chance to get the largest discount I have yet to find (and I’ve tested this out on hundreds of sites).

 

CLICK HERE TO GET 10$ IN FREE BITCOIN + DOWNLOAD LOLLI HERE

 

 

Lolli Extension + Wallet

 

 

The Lolli Chrome extension is the most common way people interact with Lolli, and it also includes a bitcoin wallet built in. Once you accumulate at least 15$ worth of bitcoin, you can then transfer it to your mobile wallet, or what we recommend, a hardware wallet to store you new bitcoin earnings offline, while keeping your private keys secure.

Here are the steps to download the wallet (you can also watch the review/walkthrough video below) if that’s easier for you.

  1. Download the Google Chrome Extension HERE. You can also download the FireFox extension and Safari Browser extensions, HERE and HERE, respectively.
  2. Once you download and activate the extensions, it will walk you through registering an account with your email and walks you through how to use it, but its very simple. Once you open a website that is supported by Lolli, it will automatically notify you in the top right corner of your browser, much like a small pop-up ad.
  3. Start shopping. You can simply navigate to any website you normally would and if it’s partnered with Lolli, it will notify you and as long as you are logged in with your account credentials, you will receive a bitcoin rewards immediately after the purchase has been processed.

 

CLICK HERE TO GET 10$ IN FREE BITCOIN + DOWNLOAD LOLLI HERE

 

Why Should I Use It?

 

If you are new to Bitcoin (and those of you who aren’t) should know that accumulating bitcoin can be an expensive and time consuming endeavor. Any edge and any advantage to accumulate bitcoin for free (especially by doing things that you’re already doing, like shopping online) is a win-win.

Bitcoin is the new currency of the future. Even people that hate it know that it’s inevitable and cryptocurrency is here to stay. As of this writing, Bitcoin is going for about $9,700 per bitcoin, so this allows you to start accumulating this digital currency over time and allows you to spend, save, and even cash out into fiat if you’re so inclined.

Even if you don’t care about bitcoin, this is basically a freebie. You don’t have to buy anything special, or have a minimal spending amount to use this. It either works with the entire retailer or it doesn’t. They will be adding more and more retailers as time goes on, and there is a rumor that Amazon will be added very soon.

When you download and activate this LINK, we both will receive 10$ worth of BITCOIN FOR FREE with your first purchase. No minimums. Additionally, once you sign up, you will receive your own referral link that you can share with friends, family, or any followers, and the same will apply to you. Very cool.

 

What Retailers Are Accepted?

 

 

As I mentioned above, there is over 500+ retailers that are currently supported and counting. This list is constantly growing, but a few examples include: Groupon, Best Buy, Marriot, Sam’s Club, GoDaddy, and even Walmart.

You can get a full list of retailers and their respective discounts by visiting this page HERE.

Additionally, you will automatically be notified on any website that may not be listed on that page by popping up when you visit the site. However, the above link is primarily up to date at all times.

 

CLICK HERE TO GET 10$ IN FREE BITCOIN + DOWNLOAD LOLLI HERE

 

Lolli Review – Conclusion

 

Ultimately, Lolli is an amazing product. There are very few programs that make it easy to earn bitcoin at all, let alone get it for free. There is no doubt that as the crypto-ecosystem inevitably grows, there will be plenty of bitcoin rewards and bitcoin cash back type of programs, but this is an amazing start.

As the price goes up and and the overall bitcoin supply goes down, this will become more important than ever. Currently, 85% of the total bitcoin supply is in circulation. Once it is all mined, even if every single millionaire on the planet wanted to obtain just ONE bitcoin, they won’t be able to. There just isn’t enough supply. This scarcity is a strong dynamic of supply and demand and will ultimately dictate the price.

Right now, this the BEST tool to earn free bitcoin on items you are already purchasing online. If you also want to earn bitcoin while shopping in stores as well, check out the review I mentioned in the first paragraph to use the Life Info App to start earning it as well.

Don’t get left behind on this revolution. We are still “early” but as more and more awareness is brought to the table, the harder it will be to get bitcoin at all. Download the FREE Lolli Extension below now.

 

CLICK HERE TO GET 10$ IN FREE BITCOIN + DOWNLOAD LOLLI HERE

 

What do you think? Is there a better tool for earning free bitcoin while shopping online? Let us know down 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.

exodus wallet
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Bitcoin Wallets Review Trezor

Trezor Model T + Exodus Wallet Review (2020)

By Zach — 5 years ago

In this article, I am going to go over my experience with the Trezor Model T and Exodus Wallet integration and whether or not you should use it. There are a lot of things I like about this desktop wallet and a few that I really don’t, so let’s get into the details below!

Before I do, if you haven’t yet read the in depth review of the Trezor One and The Trezor Model T, then I will link them respective HERE and HERE. This will give some context below for the details of using these hardware wallets in general, before we compare how they work with the a hot wallet integration like the Exodus.

Here are the questions and answers I think you will find most helpful when deciding whether or not to use the wallet integration. Let’s get started!

Exodus Wallet – Overview

 

The Exodus Wallet (as mentioned above) is a crypto desktop wallet that you can download for free over at the Exodus Website. Why would I want to do this? Well, first, if you’ve only used a mobile hot wallet, then you’ll know that there aren’t many features or anything really beyond just the send and receive function.

This is ok (most of the time) for a mobile wallet, because you just need it to “work” when you’re trying to make a transaction out in the real world. However, when you’re managing a portfolio, it’s important to see the overall big picture before making some of your larger trading or managing decisions, such as: Overall Total Assets, Percentage Of Loss Or Gain (over a 24hr or 7-day or 30-day window), Percentages Of Asset Distribution, etc…

Not to mention the number of coins or assets supported. Because desktop wallets typically have more features and overall viewing space, you have the capability to manage more assets and do more that just send and receive. The Exodus wallet actually has both a desktop AND a mobile wallet, which is nice for syncing your portfolio between devices.

I am going to list the “Key” features that I found useful below, before we get to how the Trezor Model T integrates with these features to help improve the overall hardware wallet experience.

 

Features

 

 

  • Functionality – Exodus provides a high quality user experience, and combines an aesthetically pleasing UI with an intuitive design. The desktop software client contains a wallet, portfolio tracker, and cryptocurrency exchange, and allows users to track their holdings and transactions around the clock, as well as store and exchange a wide range of digital currencies.

 

  • Flexibility – Exodus is available to Windows, Mac, and Linux users, and in addition to its internal integrated features, Exodus also provides an easy to use mobile app that is currently available to iOS users with Android support planned for the future. It also supports over 100 cryptocurrencies including popular currencies such as Bitcoin (BTC), Binance Coin, (BNB), Litecoin (LTC), EOS, and Monero (XMR). Ethereum (ETH) and a host of ERC-20 tokens are also supported.

 

  • Security – As a “hot” wallet, Exodus requires its users to create and use secure passwords, and when first installing the wallet, users are provided with a 12-word recovery seed phrase that is used to restore the wallet in the case of an emergency. The wallet also integrates with a Trezor hardware wallet and doesn’t require any personal information, and users’ private keys and transaction data are encrypted and stored locally on their devices.

 

  • Customer Support – Despite not operating as an exchange, the team provide a good range of support including their resource page which contains an FAQ section and over 100 articles, and their video The status page gives a quick overview of any issues that the team are experiencing, and they can be contacted via email. They also run a Twitter account, Facebook page, and Slack channel.

 

This is a full multi-currency wallet and will continue to add more coins being supported soon, including Tezos (XTZ) and some pof the newer TRC-10 and TRC-20 tokens. This is always evolving for the better.

 

Coins Supported

 

Exodus supports 103 cryptocurrencies in total (coins and token). The most notable coins supported by the wallet are:

 

  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Bitcoin Cash
  • Binance Coin
  • Tether
  • EOS
  • Monero
  • Dash
  • Raven Coin
  • Stellar
  • Tron
  • Bittorent

 

These are just a few notable coins, but you can find a full list of coin support HERE. This page is always evolving and will continue to add more coin support in the future.

 

Trezor Model T – Integration

 

This is a major upgrade from the Trezor web app, and apparently even Trezor agrees. You can setup your Trezor Model T from scratch (like I did) and it’s a very seamless experience. The good news is if you decide to go back to using the web app, all of the features will be enabled, with the exception of the optional 25th seed phrase password when doing the initial setup on the device. This can easily be enabled once you login to the web app and is a security feature I use, personally,

Managing my portfolio, especially certain coins like Ripple and Monero, is a lot easier here, because I don’t need extra software or other add-ons like you would individually if you didn’t use i.e. Exodus. This makes managing ALL my important coins in one place, much less of a hassle. I prefer to actually manage my coins on this wallet, because it’s a one stop shop, so to speak.

(Note: Exodus uses an exchange integration and that is where they make the bulk of their money, since this is a free downloadable wallet. In my experience, the fees were a little too high for me, but the coin management and portfolio management more than makes up for it)

 

Does it Work With Trezor One?

 

 

Yes, but not all coins are supported by the Trezor One firmware. Essentially, all coins and tokens that are supported on the Trezor web app willl be supported in this software wallet. You can view the full coin support and setup HERE. If there is any doubt, any coins or tokens not supported on this 1st generation device will be greyed out.

 

Exodus Wallet – Conclusion

 

Overall, using the Exodus Wallet has been a pleasant experience. I would absolutely recommend trying it out for managing your Trezor One or Trezor Model T, if you haven’t already. There is no KYC or personal information asked when you set it up, and when using the Trezor, your private keys are always protected. As I mentioned above, my only negative was the fees that are associated with the integration were way to high for me. If they lowered it, it would be the perfect solution to trade assets offline, which if preferable.

Other than that, it’s one of the best crypto management experience’s I’ve used. And when you’re serious about protecting your private keys like I am, and you need to manage or hold specific assets that you can’t directly manage on the web app, this is a really good solution. The closest thing to this is the recent Trezor integration with ShapeShift, which you can check out my review of that HERE.

 

What do you think? Is Exodus Wallet a good contender for managing your assets on your Trezor device? Let me know 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.

open dime
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Bitcoin Wallets OpenDime Review

OPEN DIME Review (2020) – The ONLY Way To Physically Transfer Bitcoin Offline

By Zach — 5 years ago

In this review, I am going to deep dive into the Open Dime bitcoin credit stick! What does is it do? How does it work? When would I ever need to use one? I am going to dive pretty deep into this EXTREMELY unique bitcoin credit stick, that allows you to make a bitcoin transaction OFF the blockchain. This is a secure USB-like device that is designed to have a one-way transaction of bitcoin (physically) between two parties.

As a hardware wallet enthusiast, I was very eager to test this device out in person and it honestly is unlike anything else I’ve ever used. It seems futuristic and is really the only way to transfer bitcoin to another person COMPLETELY off the grid (not even the blockchain) and is a really cool concept that has plenty of specific use-cases, but to be honest, isn’t ideal for every day bitcoin use.

The review/walkthrough below is fairly detailed and lengthy, but if you want to know what my final verdict on this device is, scroll down to my conclusion at the bottom to get a recap.

Additionally, here is a link to a related hardware wallet that is very similar to this, in the sense that operates completely offline. You can check that out HERE!

Let’s get to the Open Dime review below!

 

What Is The Open Dime?

 

“Opendime is a small USB stick that allows you to spend Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one.”

This is directly from Open Dime’s website. This device is designed to be able to pass bitcoin along from one person to another (and even down the line for multiple people) while still being secure and exposing the private key to no one. There is a secure “Bubble” that is required to be punctured in order to gain access to the private key. This means that there will be evidence if there is any tampering or foul play when holding or inspecting of the device.

This is the world’s first way to physically transfer bitcoin from one user to another (in person), while still remaining secure. In other words, it allows for a bitcoin transaction and is able to be passed along from person to person without having the need to know any passwords or wait for confirmation times on on the blockchain.

In simple terms, it’s basically a disposable hardware wallet that is used like cash. Use it accordingly.

 

What Comes In The Bag?

 

In the bag, (yes, it comes in a durable plastic bag for transparency) comes 3 Open Dime USB-sticks. This is currently going for about $37.50 for this 3-pack or roughly $12.50 per Open Dime stick.

All 3 sticks are loosely packed in a plastic bag that includes a card that includes instructions to visit opendime.com/start in order to walk through the setup process to start loading bitcoin onto the devices. 

Now, if you click that link, you’ll notice that it just redirects to their homepage. I am a bit disappointed as there is only a card that gives you 3-steps to get started.

 

  1. Plug Into USB

     2. Open index.htm

     3. Follow The Steps

 

Pretty simple, right? Well, there is no other printed form of instructions. On the device (once it’s plugged in), you will find a “readme” file on the device to learn how to setup.

 

CLICK HERE TO BUY OPEN DIME BITCOIN CREDIT STICK

 

 

Design & Setup

 

 

Design

The device is pretty basic and bear-bones. There’s nothing beautiful about it, but yet it’s beautiful. It looks line an rough, unfinished product, but there’s something geeky about that kind of look. The idea of an open PCB is not only to minimize the unit cost. It also comes from being transparent and not having a closed product. I probably should have mentioned this earlier, but Opendime is an open source project. Anyone with a little programming knowledge can audit it on Github.

From the 2.0 version, the edges are now oval and not rough. The board itself is very firm and can not be broken easily and certainly not accidentally. My personal opinion is that their latest version is very well-made. I like the openness of the product. At the same time, everything is visible, but not easy to break or mess up with accidentally if you’re a newbie. The PCB and other components are protected with a glue.

Setup

The USB stick does not require drivers to work, it’s plug and play. The device was recognized instantly.

The first step is to plug the Bitcoin stick into your PC (Or Mac).

Once the device is inserted, the second step is to open the index.htm file inside the Open dime folder.

Next, when the index.htm file is opened in the browser you will be asked to agree to the terms of service. The pop-up warning is displayed in several languages.

 

Light status Explanation
Green with brief flicker Sealed. Your funds are secure.
Red and green alternating UNSEALED. Private key has been revealed
Green solid, brief flash of red Not yet loaded with enough entropy (setup time).
Green flashing (fast) Reading/writing to drive.

 

The next step is to create the private key.

 

 

Generating the private key

 

After the device is plugged into your PC’s USB port, you will have to generate a private key in order to load the funds into your Opendime. This process is very user-friendly and easy. Bear in mind that during this process Open dime does not have a control over the private key, nor do you. The private key will be randomly generated onto a device microchip using random entropy you add to the device memory. It does not require an internet access to do so.

Firstly, the FAQ advice that for better randomness, you use images only you have. The instructions say that you’d have to add at least of 256kb of data. However, they do not state anywhere that the total file size should not be larger than the USB device memory which is around 1.29 MB.

In my first attempt, prior to knowing the maximum size, I tried to add around 5MB of data and got an error. Seeing that, I’ve selected only two images and copied them onto > Open Dime and device generated a completely random private key. Once the public key is ready, there will be a few noticeable changes to the device.

  1. When sealed, the Open Dime will flash green when plugged in into the PC.
  2. When .htm file is opened, you will see a very clear message on the screen that you now have a private key.

This entire process is very intuitive. I like that there are so many signals that show the state of your device, both physically and inside the PC. This is very smart engineering and user experience at the same time.

 

Verifying the device

 

The device can be verified in the following ways :

  • phone charger / USB – the LED light indicates the status
  • physically inspecting it – check if the resistor has been damaged
  • factory seal to make sure it comes from genuine OD factory.
  • Samurai wallet – Android only
  • Google Chrome extension- iOS only

Once I began learning about Open Dime, I clearly understood the need that this little device can be verified and audited.  At first, I thought there is only one way to verify Opendime, but as I began tapping into it, I realized how many different ways are to verify the Bitcoin bearer bond.

 

CLICK HERE TO BUY OPEN DIME BITCOIN CREDIT STICK

 

Adding Bitcoin to Open Dime

 

The next step is the best of all – adding the funds to your crypto piggy bank. You can only add bitcoin to a device if you created the public key which automatically shows receiving public address.

You can find the public address for your Open Dime inside the folder. It can be found as a text and a QR code in jpeg image format. The way you’ll be sending the money to your USB stick depends on the wallet you’ll be using. The process is pretty much similar, you can either copy/paste the text address or scan the QR code from the folder. Make sure to double check that the address is correct and confirm the payment.

Soon after the payment has been sent, you will be able to see a transaction on the bitcoin network, it may take a time depending on the network state that it gets confirmed. And that’s all.

Your Open dime went from an empty piggy bank to an item with a verifiable value. You can now exchange it like a cash from one hand to another and add funds to it an unlimited amount of times.

Since transaction will be happening off-chain, there will be no confirmations or mining fees. The participants of the transactions are verifying it instead and passing it from one hand to another, an infinite amount of times. The private key will be sealed neither you nor anyone else will know it until the device is unsealed.

 

Unsealing your Open Dime

 

Once you’re ready to spend bitcoin from your crypto piggy bank, you have to break it. Once you break it there’s no way back. Use a pin or a needle and push through the marked hole on the PCB. You need first to pierce the glue and then by pushing, you will push out the resistor. By doing so, you’re making a permanent physical change to your device, which reveals your private key.

This is probably the most amazing feature of the device. By doing a permanent damage, you can’t cheat in a transaction, because you broke the chain of trust. The device itself will now flash red once inserted into a PC, power bank or a mobile phone very visibly signaling that the private key is no longer a secret. This is at the same time the biggest risk of the device. This means that in order to get the bitcoin out of it, you’ll have to reveal it to a PC. Which further means you have to trust that PC and its security.

Compatibility & Security

 

The setup can be done on any device that can read a conventional USB stick. The private key can then be imported into all common wallets after the resistance breaks out, including the following: Copay, Electrum, Samourai Wallet, Breadwallet, and Bitcoin Core.

A special feature is the app Samourai Wallet , which has implemented a complete integration for the Bitcoin Stick Opendime. This allows you to quickly check a stick on the go via OTG cable. There is also an extension for the well-known Electrum Software Wallet .

Verify the authenticity of the stick The latest generation of Open dime products includes a new chip to make fake devices impossible. Note: This test is an advanced use and is not required for normal use. For people who want to verify an Open dime before use, Open dime provides a python program. With this, all test steps of the new chip can be carried out. It’s a simple command line program, but requires some preparation.

To verify the authenticity of a stick, Open Dime offers manual and automatic possibilities in the form of the Python script trustme.py. Unfortunately, this does not happen automatically and a  is time-consuming, so most users will probably simply use the stick without checking in advance.

The transparent case and the two status LED’s already provide a basic way to detect manipulations on the hardware wallet. Details of all security measures can be found in the Open dime white paper. Opendime’s entire code is also on GitHub.

 

CLICK HERE TO BUY OPEN DIME BITCOIN CREDIT STICK

 

Does It Only Support Bitcoin?

 

Short answer is, Yes. This device was designed in the earlier bitcoin days to be used as pee-to-peer electronic cash and stays true to it’s roots. You can also see the open source code their used on github as mentioned above.

 

Open Dime – Conclusion

 

Overall, my experience was good with this device, and I would feel comfortable recommending it. But, ONLY to someone who is very technically savvy.

It’s awesome that Open dime enables me to transact off-chain, privately and securely without having to trust an online generator or a third party with my private key generation. Additionally, they are completely open-source and provide one of the best support experiences I encountered from a cryptocurrency company.

I gave away an Open Dime to my brother for his birthday and for now, I believe this is absolutely the best and safest way to give someone a bitcoin.

Some of the disadvantages of the devices are that it looks rough, though I do not mind that. Quite opposite, it really makes you feel like a nerdy cypher punk while using it.

A more serious limitation is that Open dime is disposable. There’s no way to re-use it. You can’t recover the seed or send crypto from it. Fluctuating exchange rates might be an issue in this kind of transactions. All of these things are not impossible to solve and I hope that we will see even better physical cryptocurrency solutions from the Open dime team.

 

CLICK HERE TO BUY OPEN DIME BITCOIN CREDIT STICK

 

What do you think? Would you ever use an Open Dime? 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.

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Bitcoin Wallets Crypto Hardware Wallets Ellipal Review

ELLIPAL 2.0 Cold Wallet Review (2020) – Most Secure Bitcoin Wallet?

By Zach — 5 years ago

In this review, we are going to dive deep into the Ellipal 2.0 crypto hardware wallet. Is it really as secure as they claim? Is it better than Ledger or any other mainstream competitors? Stay tuned for the whole article to find out!

This device is very unique to say the least! Until recently, this was the first 100% air-gapped device of it’s kind, which is super compelling for security enthusiasts. We all have heard of the numerous exchange hacks over the years and it’s becoming more and more apparent that you need to keep your private keys offline, and on a hardware wallet. So, is this the right one for you? Let’s take a look down below.

One thing I will say before we dive in to the details is, in regards to the the major providers in this space, the one thing that I don’t like about Ellipal is that their device isn’t open source. In my opinion that is a crucial function. Not only for transparency, but also for security. When holding a large amount of funds on the device, it is good to know that an active community is reviewing the code on a continual basis. That is really my only “gripe” with this wallet.

Having said that, it’s very impressive, and my experience with it was very good and the steps involved made me feel very secure about my choice as the security of this device is top notch! Let’s take a look below.

 

What’s In The Box?

 

To preface this device, It has zero: Wifi Connections, Bluetooth Connections, 4G connections, or any wired connections to any other device!

This device comes with everything you need to get started with using, minus the iOS and Android app, which you will need to download to begin using. All hardware and components are listed below.

-Ellipal Hardware Wallet

-Charging Cable

-User Manual

-Mnemonics Recovery Seed Card

-Warranty Card

 

CLICK HERE TO BUY ELLIPAL 2.0

 

How To Setup The Device

 

So this is where this device separates itself from the likes of KeepKey, Ledger, or Trezor. The three mainstream heavy hitters in terms of the hardware wallet market. How does a device that claims to have no internet access whatsoever work? The short answer, QR codes. This hardware wallet interfaces with the Ellipal mobile app and allows you to have both a mobile (hot) wallet and a wallet that displays on the hardware device as well.

The Ellipal has a camera on the air-gapped device so that between you smart phone and the hardware wallet, you can scan QR codes to transfer funds and still be kept completely offline. This creates an extra step for management, but for the most paranoid among us, this is actually a comforting process.

It essentially is a 3-step verification process for managing your funds and requires an SD card for managing firmware upgrades. This is a pretty arduous process, even for those that are pretty tech savvy. Again, this could be interpreted as more secure, but also makes managing funds and your device to be a bit cumbersome for the average user.

 

What Coins Are Supported?

 

Instead of manually writing this out, I will include a chart with all existing coins that are supported. They are additionally developing apps on certain coins that I will list in writing here:

BCN, NANO, XEM, XTZ, ZEC, LSK, QTUM, ONT, BTS, STEEM, WAVES, XAVES, XVG, SC, NEO, IOTA, ELA. The current coins supported are listed below.

 

CLICK HERE TO BUY ELLIPAL 2.0

 

Ellipal 2.0 Vs. Ellipal Titan Vs. Ledger

 

Ellipal Titan has a self destruct mechanism in place, so that if the screen is tampered with or crushed or broken in an attempt to gain access to it’s internals, it will break a special circuit board that holds all your private keys. This is powerful. Additionally, it’s very sturdy, so not only is it IP65 rated for dust and water resistance, but its made out of a very strong single piece of metal that houses and encompasses the entire device.

The Ellipal Titan is specifically designed against evil maid of supply chain attacks so nothing can be imported or inserted as there are no open access ports on the device.

The Ellipal 2.0 is still a very strong and secure device, but it doesn’t have a durable exterior that is built for abuse, and it also has an SD card slot for updating it’s firmware on the device and also has a charging cable port, so there are 2 entry points. Again, still very secure, but the Ellipal Titan is really a massive upgrade.

In terms of other mainstream competitors, like Ledger, it’s like comparing apples and oranges. This device is much more expensive at $149 and is completely air-gapped. This means there is no USB connection to any online interface and does not have access to any where near as many apps or coins that are supported on Ledger.

The Ellipal is more for the paranoid users that do NOT want to risk having anything interface with online devices. The user experience is much more complicated and not as easy to use as the Ledger, not to mention Ledger is only $59, and is currently the cheapest “mainstream” hardware wallet, but can only support 3-4 coins at once.

 

https://youtu.be/3NYIiPdFg2w

Ellipal – Conclusion

 

This is a really unique and secure hardware wallet. The only other wallet that is remotely close to this one that is currently available at the time of this writing is the Cobo Vault wallet. You can read an in-depth review of that device HERE. That wallet is very durable and is more in line with the upcoming successor to this wallet, the Ellipal Titan, in terms of durability, however that device has less than 10 coins currently supported and has a much heftier price tag at $479. It’s more of a niche device in my opinion.

Having said that, if you are on the fence with this device, the upcoming Ellipal Titan is currently available of pre-order at the same price of $149, and is slated to start shipping around August 15th, 2019. I my personal opinion, I would go with that, as it’s a massive upgrade from this device. However, if you choose this device, you still can’t go wrong. Both devices will have the same coin support and will continue to expand in terms of functionality and coin support, as the firmware is going to be compatible.

If you want to purchase this device, it will be supported for years to come. Click the button below to jump to their site and make the jump to a unique form of crypto security!

 

CLICK HERE TO BUY ELLIPAL 2.0

 

What do you think? Is there a more secure hardware wallet for a comparable price you would choose over this? 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.

 

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Cool Wallet S Crypto Hardware Wallets Review

Cool Wallet S REVIEW [2020] – Wireless Hardware/Software Wallet In One!

By Zach — 5 years ago

In this review, I am going to dive deep into the Cool Wallet S, which is a credit-card shaped cryptocurrency hardware wallet. Is it secure? How does it work? How many coins are supported? Stay tuned because we are going to address all of these questions and more!

When I first picked up my Cool Wallet S, it was a very professional package and one of the only bluetooth hardware wallets on the market. Until recently, there haven’t been any other wireless hardware wallets that are on the market (Now, there is the Ledger Nano X). I was enthralled because I always wanted a secure way to use a hardware wallet with my mobile device that didn’t require me to be tethered to my laptop or other USB device in order to sign transactions.

This wallet takes all the ease of use of a software wallet on your phone and merges it directly with the security of a hardware cold storage wallet, hence the name “Cool Wallet” (Hot Wallet + Cold Wallet = Cool Wallet). When I first opened it up, it was pretty straight forward, and actually resembles a basic plastic credit card, except the texture is a bit different and has an e-ink screen to verify transactions. I will go into detail below for the user experience and design of the product and what my thoughts were when comparing it to other hardware wallets I’ve reviewed.

 

What’s In The Box?

 

-Cool Wallet S Device

-Recovery Seed Card

-Cool Wallet Sticker

-Charging Pad With USB Cable

 

The above are the contents of the sleek, black, minimalist box, however this is only half of the equation. The device itself interfaces with the CoolBitX app which you can get from the iOS app store or Google Play store to setup the device. The app is where you will go through setup, initialization, and ultimately processing transactions, with the hardware wallet by it’s side.

 

Design And Setup

 

When you pull the device out of the box, it will have at least a partial charge so you can set it up right away. Powering up the device is easy and straight forward, so all you will need to do is make sure you’ve downloaded the app and activate it before you can walk through the setup process. First, after the app is setup and you allow notifications and such, it will ask you to securely pair your device to the bluetooth connection to your phone and will ask you to allow the connection.

Secondly, once the app confirms the device is connected, it will ask you if you want to recover a wallet or create a new one. You will most likely create a new one if this is your first experience with the device.

Thirdly, it will prompt you to set your recovery seed length in either 12, 18, or 24 seed words, and once you select, it will show up on the screen with the words in the correct order. It will ask you to write these words down on your recovery seed card sheet (recommended) or get a metal recovery seed backup, like CryptoTag or Bill Fodl.

NOTE: The app will ask you if you want to save your recovery seed phrase as an image file. DO NOT DO THIS. My one issue with the process is asking if you want to save your recovery seed card as an image, which defeats the entire process. I strongly recommend writing it down on paper, or better yet, use one links above to get a metal recovery seed backup. I will leave a link to a review HERE if you’re unsure why it’s important.

That’s it! Once you do this process and verify the recovery words (it will ask you to verify them, so make sure they are at least temporarily written down) and will allow you to create your wallet. You are now able to begin using the wallet and send and receive crypto!

 

GET THE COOL WALLET S FOR ONLY $99

 

How To Send/Receive

 

This is a fairly simple and straightforward interface for sending your crypto of choice. There is a tab at the top that allows you to “Send” or “Changelly” (More on this later, it allows you to swap different coins within the app). For example, if you want to start receiving bitcoin on your phone from a friends mobile wallet, you can click on the icon for the QR code for them to scan (recommended) or they can copy/paste the address and you can manually input it in the address field.

This is the first step of using the mobile app wallet interface to begin receiving your bitcoins, but the next part (which we will cover in the section below) will address the multi-factor authentication step for you to securely add your new loot onto the hardware wallet (wirelessly) from the app on your phone, so your private keys remain offline, where they belong.

 

Security

Image result for CoolWallet S security

Of course, Security, the most important factor when choosing a hardware wallet. You are after all, investing in a secure device that is not only easy to use, but securely keep your private keys offline and in your possession at all times. This device finds a nice, happy medium of convenience and security when using the device. I know, I know, you are probably wondering “How secure is this thing if you are connecting via bluetooth? I’ve heard this is not a secure method of transmission.”

From my personal experience, it’s rock solid. There is a 3-step authentication process for each transaction you process, including biometric authentication, ala Face ID or Touch ID to confirm transactions on top of the other 2 authentication steps. I will list below an outline from their website that outlines their security details in a much clearer way than I could. After what I read below, I am convinced. This device is VERY secure.

 

“Secure Element

Your private key is stored safely in a CC EAL5+ certified S.E. Chipset which is equivalent to FIPS complied security level,  similar to the US military’s requirements, and the private key never leaves the CoolWallet S.  This chip calculates all the necessary algorithms and transmits only the calculated results (non-sensitive data) out to the phone via Bluetooth.

Encrypted Bluetooth

The Bluetooth connection can only be initialized when the wallet is turned on within a proximity of 10 meters. The design of our product uses an AES256 Encryption to communicate between a CoolWallet S and your phone along with a dedicated pairing passcode. Thus, any unauthorized devices are prohibited to communicate with the card for data retrieval.

2+1 Factor Authentication

The CoolWallet S and our app uses a sequence of biometric verification steps as well as a visual check and a physical confirmation button push on the device itself to ensure that you are in control of your CoolWallet S and that the transaction is indeed correct and valid.

Tamper-proof Technology

Cool Wallet S uses a patented “Cold Compression” process which makes it impossible for hackers to install intercepting devices that can alter the transaction details. The Cool Wallet S is wafer-thin and there is not extra space on its circuit board. With an adhesive layer that cannot be removed (even with a heat gun- the Wallet.Fail team tried) without visual damage, any alteration or tampering will be immediately visible on the CoolWallet. In any case, the Secure Element will still protect your private keys.”

 

Advantages/Disadvantages

 

Advantages:

 

  1. Very unique design. You won’t find ANY form factor or design of a hardware wallet like this one. It’s simplicity and security in the design, makes this device a no brainer for the every day crypto spender.
  2. Ease of use. This device only took a handful of minutes to setup and start using. Between activating the app, pairing the device, and recovery seed words, I was already making secure trandsactions in less than 10 minutes.
  3. The device is always “Cold”. This means that even though it interfaces with a “Hot Wallet”, the card is completely separate and your private keys never leave the secure element unless physically authorized by you after secure authentication.
  4. Easy to Read. The E-ink display was a good choice for not only being durable and long lasting, but allows you to confirm the send/receive address on the app AND the E-ink display for extra security when performing and authorizing transactions.

 

Disadvantages:

 

  1. Not open-source. This is kind of a big one, as having a community reviewing the security, reporting bugs, and overall being “transparent” with everything going on in the firmware and security features is a powerful tool. Not only does it provide transparency, but it brings the community together, which helps with user-engagement.
  2. Coins Supported. Now, I am going to go easy on this one, because this is the most portable hardware wallet I’ve ever used, so it stands to reason it can’t hold as many coins as a wallet like Ledger or Trezor. However, this appears to be a topic CoolBitX is working on expanding, so there is light at the end of the tunnel.

Here is a list of the current coins supported, which is still fairly solid, but if you use lots of different coins and plan on HODL’ing them for a while, this might not be the best wallet for you.

Image result for Coins/Tokens Supported By CoolWallet S

 

GET THE COOL WALLET S FOR ONLY $99

https://youtu.be/WRnzFXuhQ3A

Cool Wallet S – Conclusion

 

Overall, this is one of the easiest and most convenient hardware wallet solutions. It can literally fit right in with your other cards in your fiat wallet (which is still relevant, for now) and is very easy to use and only needs a charge about once a month as BLE is very low energy and efficient.

Having a wireless, secure hardware wallet is VERY nice to have, especially when you’re on the go and you want to make sure your assets are securely offline. Having said that, there is only one other option you can choose that is even remotely close to this one and that is the Ledger Nano X. The Cool Wallet S is cheaper (and sleeker) for only $99, and the Ledger Nano X is a larger and bulkier device and starts at about $120.

Which one should I choose? Well, that depends on your use case. If you want something you can fit in your wallet and you don’t need to carry in your pocket at all times, I would recommend the Cool Wallet S, to be honest. The overall user experience was cleaner and easier than the Ledger Nano X. I would only recommend the Ledger Nano X, in the event you need more coins accessible on the go, which is typically not needed as much for spending and such, plus it’s going to cost more.

Bottomline: If you want a unique, sleek, and easy to use wireless hardware wallet that is under $100 you can use on the go with you in an every day situation? Get the CoolWallet S.

 

GET THE COOL WALLET S FOR ONLY $99

 

What do you think? Is there a better wireless hardware wallet that you’ve used for a better price? 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.

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Bitcoin Mining CoinMine Review

CoinMine ONE First Look (2020) | Start Mining Bitcoin In 5 Minutes!

By Zach — 5 years ago

In this first look, I am going to go over whether of not it’s worth it to get the CoinMine One cryptocurrency miner. This is actually a VERY interesting product that will make bitcoin mining a simple process that even your grandmother can setup. Seriously, this device helps the un-initiated take the first step into the cryptocurrency world by setting up a non-invasive and simple mining rig that bears resemblance to a video game console.

There are several intricacies when setting up a traditional mining rig, such as an Antminer ASIC or even setting up cloud-mining with a provider. This takes the “know-how” and complete understanding of this process out of the equation. You can literally pull it out of the box and start earning bitcoin (or other cryptocurrencies we’ll cover later) within 5 minutes. This is the first machine of it’s kind and it will revolutionize what any newbies understanding of what “bitcoin mining” is.

So without further ado, let’s answer some basic questions about what this new device does and stay tuned to the end, because I’m able to offer a pretty sweet discount for my readers that are ready to dive in!

 

What Is The CoinMine One?

 

The CoinMine One is a sleek, quiet, and easy-to-use bitcoin mining device. Typically, bitcoin mining has been long known as a very elusive and complicated subject that was really only done by people that are extremely technical. Additionally, they have access to A LOT of capital to setup infrastructure for hardware, abundant electrical capacity, and a lot of cooling mechanisms to keep these super computers cold enough to operate.

The CoinMine One solves this problem and provides a way for every day people to begin mining bitcoin and other cryptocurrencies with a simple setup from a smartphone. This is ideal for people that are aware of the advantages of cryptocurrency mining and want to secure their slot to the future of finance.

Generally speaking, not only is this a way to create passive income with a “plug-and-play” method, but it allows you to help contribute and secure the bitcoin network as this device is it’s own node. As someone who has been involved in this industry for several years now, this product was a blessing, as it helps create further decentralization by allowing non-technical users to participate in the revolution for a very fair price!

 

Why Do I Need It?

coinmine one review

As cryptocurrency becomes more mainstream, it’s vital to the concept of bitcoin and other cryptocurrencies to have the masses gain more understanding and participation within the ecosystem. There are only 2 ways you can currently obtain bitcoin.

  1. You can buy it. Either from an exchange or from someone who owns it directly.
  2. You can mine it. Currently 85% of the total supply (21 million coins) has already been mined.

This creates not only a level of scarcity, but also points out that as the supply decreases, the demand will surely increase, thus causing the price to rise at an increasingly high rate.

The Coinmine One allows you to do this in a very passive, easy way. I have always been an advocate of cryptocurrency mass adoption and have created this website as a resource to help educate and connect people with the right products and services. Honestly, if you do not want to pay the increasing rates to buy bitcoin, this is a simple and easy way to mint your own coins and has many features to help you compound your earnings as well.

 

CLICK HERE TO GET $50 OFF YOUR COINMINE ONE AND ENTER “BITCOINLOCKUP” AT CHECKOUT

 

Which Cryptocurrencies Can You Mine With It?

As of this writing, you can directly mine: Bitcoin, Ethereum, Grin, Zcash, and Monero. They have also announced Cosmos (ATOM) staking and a rumored leak of Tezos (one of my favorites) being supported for staking!

I am a huge fan of privacy coins and there are promises of future altcoins being added as well. Additionally, this runs on what they call MineOS. It’s a software built in and managed by the connecting smartphone app that allows you to manage what coins are being mined and allows you to choose which coin to mine at any given moment, and you can toggle (within the app) as much as you want to find which coin is most profitable.

What’s really compelling is, you can mine any of the above listed coins and choose to be paid soley in bitcoin (if you choose), even if you choose to mine another coin. This happens at a conversion at the end of the day (or week) so that this is ENTIRELY automated and allows for full customization. Very cool.

 

How Much Does It Cost?

 

When this first launched in 2018, the retail price of this device was $799. This isn’t a bad price, considering the costs of hardware and cloud-mining contracts that lock you into a certain price that you have to pay, regardless of profitability.

Luckily, I have a special discount for my readers that will give you a special discount that brings the total price down to $649. You can click the link below to get this special discount, if you are ready to start minting your own bitcoin!

 

CLICK HERE TO GET $50 OFF YOUR COINMINE ONE AND ENTER “BITCOINLOCKUP” AT CHECKOUT

 

Coinmine One – Conclusion

 

Bottomline, this device looks very promising and provides the world’s simplest way to start mining bitcoin and other crypto’s in a single, silent, and easy-to-use device that you can plug into any standard wall outlet. When I set up my Antminer S9i ASIC, I had to get special adapters and splitters to use in my residential home to utilize the dryer outlet and was a real hassle to run a cord from there into the basement.

Additionally, the Antimner was EXTREMELY loud and required me to provide fans and ultimately drove up the electricity cost. I will be doing an in-depth review of the Coinmine One device shortly and will have an unboxing and setup video as well. After reaching out to these guys, I am more excited than ever to really put this to the test and make crypto mining easy again! The Coinmine One is taking the complexities and hassle out of industrial mining, and making it accessible for the average person in a VERY big way. Sign me up!

 

CLICK HERE TO GET $50 OFF YOUR COINMINE ONE AND ENTER “BITCOINLOCKUP” AT CHECKOUT

 

What do you think? Is there an easier solution to start mining bitcoin from your home? Let me know down 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.

cobo vault review
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Bitcoin Wallets Cobo Vault Crypto Hardware Wallets Review

Cobo VAULT Review | The “Self-Destructing” Crypto Hardware Wallet? (2020)

By Zach — 5 years ago

Is the Cobo Vault the best unbreakable crypto hardware wallet of 2019? Is it as tough and inpenetrable as they claim? Stay tuned for the whole Cobo Vault Review to find out! I recently wrote an article on an upcoming device that appears to be directly competing with this product called the Ellipal Titan. If you want to read that review after this one to get kind of a side-by-side comparison, you can check out the in-depth first look of that device HERE.

Overall, my first impression of this device was very good. It appears to be targeting an entirely different segment of the cold storage crypto wallet market, which is something I obviously follow quite closely. They are marketing this as a “Military Grade Durability and Security” device, which is definitely the case as it has all the proper ratings a certifications to protect against impact, water resistance, and shock resistance to ensure it is as rugged as humanly possible.

If you are new to cryptocurrency security in general, please check out my free e-book HERE. This dives in deep on the basic (and some advanced) security tips on how to best manage your cryptocurrency by learning from my mistakes. I guarantee you will learn something new and it will help you on your crypto journey! So, let’s get to why you are here and jump right into the Cobo Vault Review. Let’s do this!

What’s In The Box?

 

There’s a lot of bang for your buck here and certainly attempts to justify it’s current price tag of $479. This is no ordinary crypto hardware wallet, this thing is very different than Ledger, Trezor, and KeepKey as there are no active ports or USB connectors to allow you to interface with this product. I will get more into this in the next section, but needless to say this is a unique device!

 

Here’s what comes in the box:

 

-Cobo Vault Hardware Wallet (4 inch touchscreen)

-The Cobo “Vault” (Houses The Device)

-A Removable 1540 mAH Battery

-Charging Dock

-USB-C Cable (For Charging)

-Mnemonic Steel Recovery Seed Device

-Steel Tiles For Recovery Seed Phrase

-Small Screwdriver

-Instruction Booklet

 

The box is very large and feels heavy when you get it because of the steel grade quality of all of the components. There is an unboxing video below that will explain how this all works and gives you a visual cue of everything that is included and what each piece is used for.

The most “compelling” piece to me here is the steel mnemonic tablet that is used to secure your 24 word seed phrase. This is TYPICALLY used by other providers by writing it down on paper, which is vulnerable to the elements. These devices can cost upwards of $300 by itself, so this is a HUGE value add and absolutely necessary for anyone that takes their cryptocurrency security seriously.

If you are not familiar with what this and why it’s needed, you can read an in-depth review of the best standalone titanium recovery seed backup HERE.

 

CLICK HERE TO BUY THE COBO VAULT HARDWARE WALLET

 

Setup And Use

 

This device has NONE of the following connections:

 

WIFI

USB 

BLUETOOTH

NFC

CELLULAR

 

This means that it is completely off the grid. So how do you use it and set it up? QR Codes. The device has a 5-MP camera for scanning QR codes on Cobo’s website and then the companion app for managing assets from their hot wallet over to the offline device.

This is a very prolonged and arduous process. In terms of security, this is a VERY good thing. It’s like having a 7-step authentication system. However, for ease of use, it’s a killer, and most wallets try to strike a balance between ease of use and security. Cobo does not appear to care about what it’s competition is doing in this regard, since it’s breaking out into it’s own little sub-niche of cold wallet security. Here are the steps I had to follow to setup and use the device:

 

1.) Download the “Cobo” mobile app

2.) Power on the Cobo Vault device

3.) Go through the recovery seed phrase process. This includes writing it down and verifying it through the touch screen

4.)  Set a custom passphrase that has stringent requirements including multiple special characters and at least 10 characters minimum.

5.) Scan the QR code on Cobo’s website to authenticate the firmware and authenticity of the device.

6.) Once authenticated, you scan a dynamic and ever-changing QR code on the companion mobile app to initiate transactions

7.) If you want to receive any payment directly on the device, you just generate a QR code and your sender can scan the code to initiate. If you want to send a transaction, follow the steps 2-6 above and repeat the process.

 

Features: What Makes It Inpenetrable?

 

 

So, in addition to having a water resistant, shock resistant, and using “Military Grade” materials and configuration, it also has a “Self-Destruct” mechanism if it expects foul play. Let me explain. The device cannot be hacked through any ports or any wireless type connections. However, if someone tries to extract the private keys manually, the chip will have a timer initiate a countdown. If the screen is broken or if the device is opened up internally in any way, it will completely wipe the device.

If this happens, the only way to restore this is through your recovery seed phrase that you now have in stainless steel thanks to having it included in the box. This can be imported to any BIP-32, 39, 44 wallet to restore your funds with this seed phrase.

Additionally, if someone tries to steal the device and initiate a transfer of the funds through their own Cobo Vault, they will not be able to, as during your initial setup it is coded to the QR code you scanned on your app that is unique on your mobile phone. This device is really the Fort-Knox of crypto wallets. It took me about 30-40 minutes from start to finish when I unboxed, setup, and made my first transaction on the device. As I mentioned above, this DOES make it very secure, but for ease of use, it’s kind of nightmare. There are no trade-offs here.

 

CLICK HERE TO BUY THE COBO VAULT HARDWARE WALLET

Cobo Vault Coins Supported

 

This device claims to have a lot more coins that will be supported on their road map, but this is definitely one of the “cons” of this device as it is of the utmost quality, but also is VERY lacking in the coins that are supported. Below is a picture of all the coins that are currently supported as of this writing.

For those that are not familiar with all of these coins or brands, I will list them here: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Tron (TRX), Eos (EOS), Litecoin (LTC), and Dash (DASH).

 

Price

 

This is a premium device and the price reflects that. It’s $479 USD to get this device and may have some shipping costs associated with it if you are outside of the U.S. As this is a higher-end device, you get what you pay for. I have not come across a more durable and secure device yet, but the Ellipal Titan appears to be a cheaper option that is going to be competing with this directly when it is released to the public in late August 2019. You can check out my review/first look HERE.

 

CLICK HERE TO BUY THE COBO VAULT HARDWARE WALLET

 

Cobo Vault Review: Conclusion

 

https://www.youtube.com/watch?v=HKbiyf5fJmo

Overall, the Cobo Vault device is probably the strongest and highest quality device physically, that I’ve ever used in a hardware wallet. It feels solid, and I know that if I drop it, get it wet, or otherwise try to damage this, it will stand the test of time. In terms of security, I have yet to personally test a device that compares to this one.

I had several steps and verifications in order to just set it up, let alone make a transaction. I believe this device is designed to be used VERY sparingly and is not used in a daily setting. This is a long-term “HODL”er device, which is good, but if you frequently transact, it is a hassle.

Also, it only supports 8 coins currently. It claims to be supporting more coins soon, but it has mentioned that since it’s launched and have not seen any announcements of movement on that front for several months.

Finally, we have to consider the price. $479 is no cheap price for a hardware wallet and this is a premium and high end device, so I personally use it as a backup and long term device. I do not use this for frequent trading and transacting for obvious reasons described above, but I like having it for my long term stash.

So what’s the bottomline?

If you are new and are looking for your very first hardware wallet, I would personally recommend getting a KeepKey device. It is very nice quality and just launched a brand new platform that integrates trading and is the only one that allows you to keep your private keys offline and in your personal possession the entire time. It’s my go-to wallet for daily use. You can get that HERE.

If you are looking for a secondary or longer term wallet to diversify, then I would ABSOLUTELY recommend this wallet, as it is probably the most secure wallet you can get and the quality is unmatched. I have only used mine twice, but that also means it’s safe and sound and I have no second thoughts about someone being able to crack it, even if they get it in their hands. I feel very comforted knowing that this is literally unbreakable. You can get the COBO Vault hardware wallet below and check out some reviews on their site below

 

CLICK HERE TO BUY THE COBO VAULT HARDWARE WALLET

 

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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