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
KeepKey is a hardware wallet which has advanced security against physical and virtual theft. KeepKey gives access to most of the leading cryptocurrency assets in the world. KeepKey uses state-of-the-art technology to provide the people using it with one of the most secure platforms for keeping their cryptocurrencies safe. Basically, you can think of KeepKey as a miniature computer which is specifically designed to store your private keys since it is a Hierarchical Deterministic (HD) wallet.
If you are planning to buy your KeepKey wallet soon, you need to know a thing or two about it. This article will take you some of the most important things to know about the KeepKey wallet that will help you get the best out of it.
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 the 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.
How the 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.
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.
- 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.
Keepkey is specialized in high-level security and provide services to the market especially in blockchain technology to protect against virtual and physical theft. So, their method of storing crypto-currency funds are desired for offline storage or cold storage in intention for the more secure environment to keep private keys.
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