What is KeepKey?

It is thе рrеmіеr wallet іn thе nеw ShapeShift Plаtfоrm, a wеb-bаѕеd іntеrfасе for managing уоur сrурtо, nоw wіth commission frее trading. This device is one of thе mоѕt secure сrурtосurrеnсу wallet аvаіlаblе. KeepKey works with the bitcoin wallet software on your computer by taking over the management of private key generation, private key storage, and transaction signing.

 

KeepKey Wallet – Hardware Wallet Review

 

How does KeepKey hardware wallet work?

KeepKey was founded by Darin Stanchfield in 2015 and is headquartered in the US. KeepKey acquired the Bitcoin wallet Multibit in 2016 and was later acquired by Shapeshift in August 2017. The company is headed by Darin as the CEO and Ken Hodler (yes, Hodler is his actual name) as the CTO.

 

 

KeepKey is now a hardware wallet from the Swiss crypto exchange ShapeShift, which comes at an affordable price. It is a beautifully-designed device, whose large (sleek) display gives clarity to every digital asset sent and received on the device.

 

What are the KeepKey main features?

The KeepKey hardware wallet is an easy-to-use device, made of anodized aluminum and plastic. This wallet is optimized for macOS and supports Chrome and Brave browsers. But, it is not recommended for Windows. It supports the world’s leading cryptocurrencies that you can quickly exchange, directly from your wallet. via the ShapeShift integration. Manage 46 ERC-20 tokens, whose list can be found by clicking here.

 

The most popular hardware wallets in the market

 

What will you receive in your home?

Hardware wallets are rarely available at local shops, which is why ordering via the internet is common. KeeepKey company sells its hardware wallets itself through its own online shop. The box comes with a KeepKey seal which shows that no one has opened it before you, indicating that the device is secure. The black cardboard box can be opened like a treasure chest. The lid is closed by a magnet.

 

 

How do I set up the KeepKey hardware wallet?

KeepKey is a crypto hardware wallet. Generate and manage your private keys offline in cold storage, guarded against computer vulnerabilities and viruses, while utilizing wallet software for safe transactions. Each device generates a 12-word recovery sentence during initialization that can be used to retrieve your private keys.

 

How to initialize your KeepKey hardware wallet

 

How safe is the KeepKey hardware wallet?

Have peace of mind that your funds are secure, even if you lose or break your KeepKey. Your private key is stored securely on your KeepKey, never leaving the device. Your KeepKey is PIN-protected, which renders it useless even if it falls into the wrong hands.

Besides, KeepKey regularly asks you to update the device’s firmware. To start KeepKey in firmware update mode, you need to hold down the device button while connecting KeepKey. KeepKey then launches in firmware update mode. Once the update is complete, simply disconnect the cable and reconnect it.

 

 

KeepKey hardware wallet

 

 

What is ShapeShift?

Since KeepKey was acquired by Shapeshift, there is a crypto-to-crypto exchange inside the wallet. The ShapeShift platform is a web-based interface for managing your crypto, which allows you to exchange between different cryptocurrencies directly within your accounts.

This is very straightforward and you don’t have to mess around with the different addresses. You can use ShapeShift’s intuitive web-based interface to buy, sell, send, receive, trade, track, and hold your crypto. You can easily trade crypto commission free. Trade for free with FOX tokens. 

 

 

 

Do I really need the KeepKey hardware wallet?

Hаrdwаrе wallets аrе a muѕt hаvе for сrурtосurrеnсу іnvеѕtоrѕ. Thеу аrе thе оnlу method where thе private kеуѕ rеmаіn соmрlеtеlу offline whісh mаkеѕ thеm іmmunе to аnу type оf remote hасkіng. Thе rесоvеrу seed method оf hаrdwаrе wаllеtѕ аllоwѕ you to еаѕіlу ѕtоrе аnd recover аll оf your сrурtоаѕѕеtѕ.

A hardware wаllеt іѕ a ѕресіаl type of bіtсоіn wallet whісh ѕtоrеѕ the uѕеr’ѕ private keys іn a ѕесurе hardware dеvісе. Thеу have major аdvаntаgеѕ over ѕtаndаrd ѕоftwаrе wallets: private keys аrе оftеn ѕtоrеd іn a рrоtесtеd area оf a mісrосоntrоllеr, аnd cannot be transferred оut оf thе dеvісе іn plaintext.

 

Storing multiple digital assets in a wallet

>>> Try the KeepKey wallet <<<

 

Is the KeepKey hardware wallet right for you?

KeepKey is one of the top 3 hardware wallets around today, even though it still lacks the coin support and company reputation when compared to its main competitors, the TREZOR and Ledger companies. Overall KeepKey is a solid hardware wallet. In the picture below sampled on July 2022, KeepKey wallet has been rated as POOR on the TrustPilot portal, which is not a nice grade awarded by the panel, even though it has received 237 of 289 reviews with 5 stars (i.e., 82% of positive feedback).

 

KeepKey customers

 

The top-rated KeepKey wallet features include:

1. 1. Integration with ShapeShift exchange
2. 2. High-level security
3. 3. Fireproof and waterproof offline backup
4.