page contents An In-Depth Look at the Keepkey Cryptocurrency Hardware Wallet – The News Headline
Home / Cryptocurrency / An In-Depth Look at the Keepkey Cryptocurrency Hardware Wallet

An In-Depth Look at the Keepkey Cryptocurrency Hardware Wallet

KK09hh

Opinions

Protecting cryptocurrencies protected is a elementary a part of collaborating within the virtual economic system, and wallets have turn into standard safety answers. This present day there’s a slew of units in the marketplace, each and every with its personal choices and lines. Such a is the Keepkey pockets, a product that’s been nicely won via virtual forex buyers over the past 3 years.

Additionally learn: A Evaluate of the Swiss-Made Virtual Bitbox Pockets

The Keepkey Pockets

Testing and Comparing the Multi-Cryptocurrency Hardware Wallet KeepkeyPrevious this week I took a take a look at the Keepkey pockets, a tool that permits customers to retailer more than one cryptocurrencies in a protected model. Keepkey is offered for US$129 consistent with tool, which is dearer than the Ledger Nano, Coolwallet S, and Trezor One. However, the small oblong tool is extra satisfying to carry and the display appears really nice when the Keepkey is working. The case the Keepkey is available in is packaged nicely and resembles an unopened Apple product. Keepkey, Coolwallet, and the Ledger all have well-packaged packing containers in comparison to the Trezor One packaging.

Testing and Comparing the Multi-Cryptocurrency Hardware Wallet Keepkey
Keepkey’s PIN machine is similar to the Trezor access means. Numbers are displayed at the tool and the person has to publish the order at the Keepkey Jstomer’s on-screen pin-pad. 

The black Keepkey field is sealed in plastic wrapping and when got rid of there’s additionally a work of tamper-resistant tape retaining the field closed. After analyzing the tape and ensuring the field has no longer been opened in the past, a knife is had to reduce the tape’s seal. Within the field is a Keepkey, a 12-word seed card, a USB wire, and a few guaranty data. The Keepkey has a plastic anti-scratch movie laid over the tool’s display and is encased in black foam. Keepkey’s huge OLED display is agreeable to take a look at and is most definitely one of the most tool’s best possible options. After opening the Keepkey, I headed over to the corporate’s Getting Began web page and downloaded the Keepkey utility for Google Chrome. Keepkey handiest works with Chrome, but it surely’s the similar with maximum wallets now.

Connecting to Chrome and Initializing the Seed

After putting in the applying to Chrome, the platform asks you to plug your Keepkey in to get began. Instantly after starting up the Keepkey it required a firmware replace and would no longer get started the method of starting up a seed till the firmware was once downloaded into the tool. Getting rid of the USB cable from my Keepkey was once an uncomfortable feeling and it took a little bit of drive to insert and take away the wire in comparison to different units. Ledger Nano is most definitely the most efficient so far as connecting the wire, with the Trezor One following in the back of as a result of my Trezor tool has at all times had a peculiar connection feeling as nicely. Then again, after the usage of the USB connection a couple of occasions with the Keepkey, connecting was once more straightforward and were given a lot more relaxed to insert over the years.

Testing and Comparing the Multi-Cryptocurrency Hardware Wallet Keepkey
General the Keepkey person interface is relatively intuitive and simple to navigate.

Shifting on, the Keepkey starts via starting up a brand new tool title, seed and PIN. This system makes you double take a look at the PIN two times after which asks you to put in writing down the seed word, which is positioned at the tool itself. In contrast to different wallets, the Keepkey does no longer require you to double take a look at the 12-word word. After this procedure, you’re granted get entry to to the primary account which is devoted to BTC. With the intention to upload different cryptocurrencies, there’s a dropdown menu that permits customers so as to add BCH, DOGE, LTC, ETH, plus a variety of ERC20 tokens.

Transactions, Shapeshift, and Comparisons to Different Fashions

In contrast to different wallets, Keepkey must be plugged in to view accounts and they may be able to’t be observed when the tool is disconnected. After the preliminary seed have been arrange, I created a bitcoin money (BCH) pockets to ship myself some budget. Anytime I check a brand new pockets I at all times ship a small fraction of crypto simply to verify the applying is operating correctly. The pockets in an instant noticed the transaction; you’ll view showed and unconfirmed transactions in a separate window that’s tethered to a block explorer.

Testing and Comparing the Multi-Cryptocurrency Hardware Wallet Keepkey
Keepkey transactions will also be seen in a separate window and searched with the platform’s tethered block explorer.

The Keepkey’s interface is relatively intuitive, and you’ll trade such things as the PIN or use the pockets’s in-client Shapeshift choice inside the settings phase. Sending and receiving is unassuming and the true tool itself is used for signing verification, whilst additionally appearing sending/receiving addresses at the display as nicely.

Testing and Comparing the Multi-Cryptocurrency Hardware Wallet Keepkey
Keepkey displays account addresses at the tool’s display.

Following the transaction, I made up our minds to take a look at the customer’s Shapeshift integration. Keepkey is owned via the company Shapeshift AG and was once one of the most first wallets to provide buying and selling talents inside the pockets. Not too long ago, on the other hand, Shapeshift has modified the platform’s trade style to a club change and all Keepkey customers must sign up the usage of the customer.

Testing and Comparing the Multi-Cryptocurrency Hardware Wallet Keepkey
Keepkey customers can use Shapeshift in-wallet however must sign up for the corporate’s club program and examine their identification with a view to business.

The desired pieces wanted to make use of Shapeshift come with a verified e mail and the person should publish a photograph ID to business. All of those duties will also be carried out throughout the Keepkey Jstomer and a handy guide a rough e mail verification. After the account is processed you’ll business at the Shapeshift change in-wallet the usage of the “fast” or “exact” buying and selling choices.

General, the Keepkey operates relatively easily and I didn’t in point of fact have any issues all over the setup and investment the tool. The Keepkey’s person interface is extra relaxed to transport round and use than the Ledger Nano, and Keepkey operates in a similar way to the Trezor One. In contrast to the Trezor or Ledger, the Keepkey makes use of one button navigation however nonetheless works fluidly with the pockets’s duties like sending and receiving. The tool doesn’t have give a boost to for too many cryptocurrencies at the moment, and different merchandise be offering a better variety. However so far as the cash it does grasp, the Keepkey provides a very easy to make use of running machine and is solely as protected as its competition via the usage of an identical opsec ways.

What do you consider the Keepkey pockets? Tell us what you consider this tool within the remark phase underneath.

Disclaimer: This editorial will have to be thought to be Evaluate or Op-ed subject matter. The evaluations expressed on this article are the writer’s personal. Bitcoin.com does no longer endorse nor give a boost to perspectives, evaluations or conclusions drawn on this put up. Bitcoin.com isn’t chargeable for or accountable for any content material, accuracy or high quality inside the Op-ed article. Evaluate editorials are supposed for informational functions handiest. There are more than one safety dangers and techniques which might be in the long run made via the selections of the person. There are more than a few steps discussed in evaluations and guides and a few of them are thought to be not obligatory. Neither Bitcoin.com nor the writer is chargeable for any losses, errors, skipped steps or security features no longer taken, as without equal decision-making procedure to do any of this stuff is simply the reader’s accountability. For excellent measure at all times cross-reference guides with different walkthroughs discovered on-line.


Pictures by means of Jamie Redman, Keepkey, Shapeshift, and Pixabay. 


Want to calculate your bitcoin holdings? Take a look at our equipment phase.

About thenewsheadline

Check Also

huobis us based strategic partner hbus hires former exec of vc firm draper athena - Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena

Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena

HBUS, the strategic spouse of most sensible crypto trade Huobi, has employed a former govt …

Leave a Reply

Your email address will not be published. Required fields are marked *