DescriptionKeepKey is a USB device that stores and secures your bitcoins. When you entrust KeepKey with your money, each and every bitcoin transaction you make must be reviewed and approved via its OLED display and confirmation button. It now becomes nearly impossible for virtual attackers like malware or viruses to steal your valuable bitcoins. KeepKey is your one-stop shop for digital asset security. With KeepKey, you can safely store and secure Bitcoin, Litecoin, Dogecoin, Ethereum, and Dash. When you entrust KeepKey with your money, every transaction you make must be reviewed and manually approved by pressing the button on the device. Your digital assets are protected from malware, hackers, and thieves
KeepKey, LLC. 12034 134th Court NE, Suite 103 Redmond, WA 98052
Black - $129
Bitcoin, Ethereum, Litecoin
The TREZOR, Ledger NanoS, and Keepkey are the three well-known and best Bitcoin hardware wallets in the Blockchain Technology that have market dominance when it comes to cryptocurrency hardware wallets. But in this review, we’ll discuss the Keepkey, since it is the latest among the three Bitcoin hardware wallet in the market that is capable of storing multi-currency that also allows the user to generate the private keys and cold storage. Also, it has high-level security features that the TREZOR and Ledger lack. Not to mention, the much bigger and better designed makes the device more elegant, however, it’s a little more expensive.
Keepkey is launched in the year 2015 and currently dominating on the Bitcoin space with the aid of some excellent key-people, Mr. Darin Stanchfield (Founder), Mr. Bob Goodman (CEO) and Kenneth Hodler (CTO). The Company office located in Redmond, US (HQ).
Currently, the market price for Keepkey are playing around $99.00 to $129.00 on Amazon; the price differences varied on the seller/ re-seller (Please take note that the rate on Keepkey official site indicates the exact amount of $129.00). The high-level security feature, digital screen, and metallic body are some of the great features comes loaded on the device that makes it more expensive but reasonable enough.
Features that make KeepKey safe
The people behind the invention of this hardware wallet made sure that security is a top priority. These measures taken include; A Pin code. The first measure taken is the introduction of the pin codes. This is a series of your personal identification numbers that you are required to input so that you can access your KeepKey wallet. The pin code is usually your secret, and no one else needs to know, this will help prevent unauthorized people from seeing your current transactions and balance. A recovery statement. The entire KeepKey system is backed by a recovery statement that is usually 10 to 12 words. You can use this statement to recover your KeepKey wallet in the event it gets lost.
How KeepKey’s works?
The moment the KeepKey receives a request, the person using it will be notified and be asked to make a manual confirmation for security purposes. The next thing will be to wait for the transaction to be approved. Once this is done, the transaction is then signed and given back to the computer user so that it can be announced on the specific cryptocurrency network such as bitcoin. Even though the users do not need to use any drivers to access KeepKey, they need to have one of the unique software applications or a KeepKey Chrome application.
How to make or receive payments using the KeepKey wallet?
It is good to know that the process of receiving or sending payments with a KeepKey hardware wallet is more or less the same with the normal procedures. However, the big difference with the KeepKey is that your computer is no longer the keeper of the private keys. This means that your computer cannot be able to conduct any transactions. All the transactions are instead passed through the KeepKey for them to be signed received.
- The wallet has advanced security standards that make it impossible for hackers to steal your money.
- The wallet is made in such a way that it cannot be attacked by viruses from your computer while using it.
- The KeepKey has an attractive nature since it is designed professionally with OLED displays giving you an easy time using it.
- The wallet has an easy setup but does not allow to save your progress on it.
- It has a slightly large size making it less portable.
- The price ($99.00 to $129.00) is on the higher side
Having read this information, you are ready to go and buy a KeepKey wallet. You simply need to visit the KeepKey website and place your order then after a few days; you will get a fully equipped KeepKey wallet accompanied by a recovery card and USB cable.
Pros & Cons
- Virus- and malware-proof
- Electrum and Mycelium Supported
- Requires third-party software add-on
- Does not have 2 Factor Authentication
- There is no Multi-Signature