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Ellipal Mnemonic Metal Review (2020) | BEST Crypto Backup? [$49]
How well is the Ellipal Mnemonic Metal compared to the Cobo Tablet, or Cryptosteel? Or Bill Fodl? Why do I need it? Is there a better solution for backing up your mnemonic phrase? We are going to address all of these questions and more to determine why you might need this indestructible piece of glorious metal.
We are starting to see a bunch of metal recovery seed backup devices these days ranging in price anywhere from $39-$229 per device with different features, different types of metal, and different application methods. I am always a strong believer in the free market, which naturally produces better quality products at more affordable prices.
Additionally, healthy competition and we as the consumer see the benefits by seeing multiple options and multiple companies trying to earn our business. Perhaps our government would learn something from this if they didn’t have so much power, where it didn’t require this, but I digress.
I recently wrote an article comparing this device to the closest competitor in the metal recovery seed backup market, and this is the Cobo Tablet. You can check out that review HERE.
But, without further ado, let’s get into the details of the Ellipal Mnemonic Metal device and my experience with using it. Let’s go!
CLICK HERE TO GET THE ELLIPAL TITAN AND ELLIPAL MNEMONICS METAL AS A DISCOUNTED BUNDLE FOR ONLY $198Ellipal Mnemonic – What’s In The Box?
This is one of those products where everything you need for assembly is included into the box. You need any batteries, tools, or any additional items. Like it’s competitors, this has a high quality set of lettering needed for this device and you don’t have to sort through a box of loose tiles that may not all be the same size. The presentation is actually very nice. Here’s what comes in the box:
- Ellipal Mnemonic Metal Device
- Mini Screwdriver
- User Instruction Card
- Letter Tiles Boards
I will say, in comparison to the other recovery seed backup devices I’ve reviewed, I will say the tiles are fairly thin in this device and seems like it’s using a cheaper kind of material that is more of an aluminum coating. Additionally, it appears that the actually lettering is printed on, and I have yet to test this for water and fire testing (which it is rated to fully withstand). I look forward to conducting that test in the next few days!
CLICK HERE TO GET THE ELLIPAL TITAN AND ELLIPAL MNEMONICS METAL AS A DISCOUNTED BUNDLE FOR ONLY $198Design & Setup
As I touched on above, the design is fairly different then you see in the Bill Fodl, Cobo Tablet, or even CryptoTag. With this design, it actually is folded in half in a sandwich type design with a hole built in for using a padlock to keep it securely closed, or even a zip-tie if you are transporting it or just don’t want the average person to flip it open. It also appears to be magnetic, so when you open and close the device it has some traction.
Additionally, you don’t have to slide in tiles into a slot and tipping downwards so gravity will push it all the way down, which is nice. It basically just has a plate that you unscrew and then place the tiles in the exact slot with the first 4 letters of your recovery word (that’s all you need with a BIP39 compatible wallet), and then once they are in place, you simply screw the face plate on once you’re done, so it’s a fairly painless process.
I got this device when I got the Ellipal Titan (New in-depth review coming soon) and when I tested this device with that wallet, it defaults to a 12-word recovery phrase. As a result, the installation and setup process was fairly quick and easy. The longest process here is actually punching out the tiles from the multiple sheets with the letters. In fact, I recommend before you even unscrew your plates that you locate your seed, punch out the tiles you need for the first 4 letters of each word, and THEN put them in place.
CLICK HERE TO GET THE ELLIPAL TITAN AND ELLIPAL MNEMONICS METAL AS A DISCOUNTED BUNDLE FOR ONLY $198Who Is This Product For?
This product is for literally anyone that has a hot or cold wallet that holds more than $49 worth of any cryptocurrency. Ultimately, everyone who holds crypto or plans to hold crypto, whether it’s short or long term needs a metal recovery seed backup. Why? Well, your recovery seed is the backup to your backup. Without it, you can’t get your coins back if you lose your hardware device or lose access for any reason on your software wallet.
If you own a hardware wallet, such as Ledger, Trezor, KeepKey, or even a mobile wallet that you get for free, this device can support ANY BIP39 compatible wallet that has either 12, 18, or 24 seed words and really is a necessity for any cryptocurrency “HODLer”
Because this usually comes on a piece of paper, you need a more solid backup to your crypto fortune. Ask yourself, what happens if there is a flood? What about a fire? What if it gets shredded, torn, or becomes otherwise indiscernable? It seems fairly obvious for the reason this type of product exists, however, most people fall into the all but too common trap of “Ohh, this won’t happen to me.” Think again. Are you willing to risk it? Is $49 too high of a price for an insurance policy on your entire crypto bankroll? I wouldn’t.
CLICK HERE TO GET THE ELLIPAL TITAN AND ELLIPAL MNEMONICS METAL AS A DISCOUNTED BUNDLE FOR ONLY $198Ellipal Mnemonic Metal – Conclusion
Overall, this is a very solid metal recovery seed backup solution. It’s in the lower end of the market pricing of it’s competitors, it’s simple to setup and use within 15 minutes or less, and it’s got a different form factor than that of the Bill Fodl or even the Cobo Tablet. Although this is not the cheapest metal recovery seed backup option, it comes very close. In fact, right now, you can get one for only $29 when you buy it with the Ellipal Titan Cold Wallet for $169, bringing the total to only $198 when you buy both.
Still, this is very different than the higher end devices, like the CryptoTag, which you can check out the full review of HERE for comparison. The CryptoTag is a VERY nice device, but it is a high-end very premium device that you literally hammer your seed phrase into a titanium tablet and has gone through much more rigorous testing. Having said that, it shows in the price that you cannot get better quality than that device (at least as of this writing).
However, this device is easy to use, quick to setup, and is just as durable as any of the competitors in it’s price range at only $49, or $29 when you get with the Ellipal Titan for a limited time.
Every single crypto holder needs this kind of device, and if you want to be safe and responsible with your crypto, but still want it to be affordable, then this is a very solid choice and has decent quality as well.
CLICK HERE TO GET THE ELLIPAL TITAN AND ELLIPAL MNEMONICS METAL AS A DISCOUNTED BUNDLE FOR ONLY $198What 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
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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Changelly Review (2020) | Is This Crypto Exchange Platform Safe?
In this Changelly review, we are going to go over how their fee structure works, what kind of altcoins they support, and whether or not they can be trusted to trade your crypto!
Changelly is similar to Shapeshift, in that you can instantly swap altcoins to be traded instantly to the wallet of your choice. It’s quick, secure, and very very cheap at only 0.5% exchanges fees, which you can’t get any other mainstream exchange.
This is a great option for people that want to get an instant conversion from any of your favorite coins and don’t want to sign up for anything or provide personal information. They also allow you to buy cryptocurrency with a credit card or debit card, but that is a little more extensive process that will require some personal information (much like any other OTC exchange).
Let’s jump in and see if this is any different than buying or trading crypto on CoinMama. Let’s go!
What is Changelly?
Changelly is a platform that allows your trade cryptocurrency instantly without any personal verification or identity details, similar to Shapeshift. This platform uses a combination of the some of the top leading cryptocurrency exchanges to provide you with the best price on crypto-trading pairs that are not typically offered on other exchanges.
This is one of the ONLY remaining anonymous crypto trading platforms that allow you exchange different trading pairs without providing any identifying information and can be done in less than a minute.
Additionally, they integrate with many leading hardware wallets and software wallets directly to ensure your private keys are protected. These wallets include but are not limited to: Trezor, Ledger, Exodus, and Jaxx.
Is It Legit? Can I Trust It?
This is one of the most important questions you can ask when dealing with a cryptocurrency exchange. Changelly has been in existence since 2015 and has a very high TrustPilot customer satisfaction score for this type of service and has been widely trusted within an industry that doesn’t really rely on trust.
I have personally used this service (granted it was for a relatively small amount) but I did not run into any issues or delays when using the platform.
Simply put, this is a trusted resource to trade or convert your favorite crypto into another in a quick and efficient way and I will use them again myself if I ever need to.
What Kind Of Altcoins And Fiat Exchanges Can I Make?
So with this exchange, you can buy bitcoin with a credit card if needed. They do use an integration with Indacoin and Simplex for processing, so the rates are very high. I recommend if your goal is to buy crypto with a debit or credit card to use CoinMama, as it will be cheaper for you.
However, when exchanging between cryptocurrencies, the 0.5% fee is extremely low and is really a very good price. This is primarily what I have used this exchange for, if I need access to a particular coin and do not want to pay the exchange fees via an exchange like Binance or Coinbase.
Here is a list of all the support currencies, so you can verify if your particular coin is available on the platform.
If you do decide to buy any cryptocurrency with a credit or debit card, it will take about 24-48 hours depending on how much verification you have completed. If you do a crypto-to-crypto exchange or conversion, it can take as little as 5 minutes, up to 30 minutes, depending on how large the amount is.
What Makes It Different Than Shapeshift?
It really comes down to the fees, mostly. This has a lower crypto-to-crypto exchange rate than Shapeshift, however both options have a direct hardware wallet connection option. Additionally, Changelly does support a wider array of coins than Shapeshift does currently, but that can change in the future.
I enjoy using both platforms for different reasons, but if you want a quick and seamless process without using a hardware wallet, then you can use Changelly in a much easier way.
If you do want to see what Shapeshift offers, you can check out my full review of their new platform HERE.
Changelly – Conclusion
Overall, this is a good crypto-to-crypto conversion exchange with very high quality customer support and a no hassle, easy to use platform. If I need to swap altcoins in a pinch, this is the service I use. Period.
In my personal experience, I was able to exchange over $300 worth of crypto in under 10 minutes and I never ran into any issues or needed to use the customer chat or submit any tickets for support, which is good.
Bottomline: If you want to convert fiat-to-crypto, don’t use Changelly, use Coinmama. If you want to convert crypto-to-crypto, then I would STRONGLY recommend using this service, as I know firsthand it works, and I can convert my coins directly into whatever altcoin I need without having to do a “Double Conversion”, like I would on a standard crypto exchange.
What do you think? Have you used this service before? If so, let us know your experience 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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D’CENT Wallet Review (2020) | The ONLY Biometric Crypto Hardware Wallet
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.
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.
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.
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.
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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