That said, we’ll be looking at an awesome hardware wallet that you might have heard of; the Ledger Nano S hardware wallet. So, shall we?

Overview of Ledger Nano S

The Ledger Nano S wallet is a hardware wallet for altcoins, Ethereum, and even Bitcoin, that consists of a comprehensive suite of security features. Also, it can be used in not only making payments but also storing digital assets.

Among the awesome features that come with this wallet includes a high level of security, making quick payments, an easy-to-use design, and so much more.

Company Reputation

Source: Ledger

Ledger is a leading company in the development of infrastructure and security solutions for blockchain applications and cryptocurrencies. The company was founded in 2014 with its headquarters in San Francisco and Paris. Plus, it also has a team that comprises of more than 130 experts.

Additionally, Ledger specializes in the building of numerous services and products for safeguarding cryptocurrency assets for both companies and individuals. And, one of their products happens to be Ledger hardware wallets that have sold in more than 160 countries. Even more, the company has carried out four rounds of investments, raising over $85 million.

Ledger Nano S User Interface

Source: Shadowandy

The design of the user interface for Ledger Nano S gives you smooth user experience.

How?

Well, the wallet is similar in some ways to how you use other hardware wallets out there, plus, the process is also pretty straight-forward.

Once you get the hardware wallet all set up, you’ll need to select a pin. After that, you’ll be given a 24-word seed for creating private keys.

The entire initial setup should take you less than four minutes because you’ll need to note down your seed to ensure that it’s kept in a safe place.

After setting up the device, you’ll need to install the required apps to use the wallet, which all depends on the digital currency you choose. Though you can use these apps in sending or receiving currency, they can’t be used to help the wallet in storing your coins.

Additionally, there’s Ledger Live which is a desktop software that makes things a lot easier. With this desktop software, you can generate Bitcoin addresses for receiving funds, send Bitcoin using Ledger Nano S, access your account details, and even access numerous settings like the language of use and exchange rate.

An amazing functionality of the Ledger Nano S wallet is that it can work with your existing Bitcoin wallet. This way, you don’t need to set up different wallets to store your coins. Other online wallets that Ledger Nano S supports include Bitgo, MyEtherWallet, Copay, MyCelium, Electrum, and so on.

Security of Ledger Nano S

Hardware wallets are the most secure way you can think of storing your cryptocurrency assets. However, this doesn’t mean that they don’t come with a few security flaws. But still, most of these flaws are user-based and not always the fault of the developers of the wallet.

To use the Ledger Nano S hardware wallet, you have to take precautions like not using the wallet on computers with the risk of infection and taking note of your security seed on paper instead of a PC.

In theory, Ledger Nano S doesn’t have any known security risks. Because it is a hardware wallet, it’s almost impossible to hack without being connected to a computer.

Supported Coins Ledger Nano S

Ledger Nano S supports more than 700 tokens and coins. So, let’s list some of these supported coins, shall we?

• Bitcoin
• Ethereum
• Bitcoin Cash
• Ripple
• Litecoin
• Dash
• Zcash
• Dogecoin
• ERC20-based tokens

Now you can buy Ledger nano S for as low as 60 US$ which was recently updated when the Nano X was released. You can buy Nano S here.

Wrapping It Up

The Ledger Nano S hardware wallet comes with features that can satisfy the requirements of a large number of cryptocurrency enthusiasts. The wallet comes with awesome security features, amazing coin accessibility, and an easy-to-use interface.

Ultimately, the wallet gives you a trustworthy product for safeguarding your tokens and coins.

Affiliate disclosure: KenKarlo earns commissions from the products and services featured on this article.

Luckily, we’ll be looking at one of these wallets known as the Trezor Hardware Wallet.

Let’s dive right into it then, shall we?

Overview of Trezor

Trezor was founded back in August 2014 by a company known as SatoshiLabs and happens to be the first-ever Bitcoin hardware wallet. With this wallet, you get a combination of the ability to spend tokens conveniently as a hot wallet and also securing offline cold storage.

A unique feature of Trezor is likely its appearance. The wallet has a small size as that of a car-key and can be connected to your computer using a USB cable. Even more, you can use the wallet on a computer with a malware infection.

Company Reputation

SatoshiLabs was launched in late 2013 and comes packed with experienced specialists. The company was also founded by leading personalities in the world of cryptocurrency and is located in the core of Europe; Prague.

Projects handled by the company comprise of numerous topics in cryptocurrency accessibility and security, with the aim of developing new cryptography and technologies for the masses.

The ultimate goal of SatoshiLabs is not only to develop but also to support new projects that help in the faster adoption of cryptocurrencies around the world.

The Trezor User Interface

You can easily access the Trezor wallet interface at wallet.trezor.io using Google Chrome or the Trezor Bridge.

The wallet is designed in a way that allows seamless connection with the Trezor device, which helps you easily initiate transfers, manage your balances, and control your coins.

Using Trezor, you can generate as many public addresses as you need to send and receive payments. Plus, you can also set a passphrase feature in addition to your seed key for ensuring better security for your coins.

The Trezor Wallet Pricing

Currently, the price of Trezor costs around $90, making it one of the cheapest hardware wallets on the market. Plus, you also have the chance of buying the ultimate pack with Trezor Model T as your main device, a Trezor One as your backup device, a durable Cryptosteel and save $30.

Security of The Trezor Wallet

One unique thing any crypto wallet if its security and luckily, Trezor is referred to by many as one of the most secure Bitcoin wallets. 

With your coins being offline, it is near impossible to hack them without getting hold of the physical device. The wallet offers both convenience and security, giving you the best of both worlds.

All you have to do to secure your coins offline is to put them on your Trezor wallet and keep it somewhere safe.

Supported Coins

The Trezor wallet supports 700 ERC-20 tokens and crypto coins with the more common ones being:

• Bitcoin
• Ethereum
• Litecoin
• Bitcoin Cash
• Dash
• Stellar
• and all ERC20 based token

To Wrap It Up

Trezor wallets are darling when it comes to hardware wallets. Plus, you also get access to a company with years of experience to answer your requests and improve their product for better security.

Want a secure hardware wallet? Why don’t you try out Trezor?

But why hardware wallets? Well, these wallets are built to be offline in cold storage, making them impossible to attack by malware or hackers. This way, the safety of your coins entirely depends on you.

Luckily, we’ll be taking you into the world of one of these hardware wallets known as KeepKey.

Overview of the KeepKey Wallet

KeepKey is an HD wallet that lets you store and generate as many private keys as you want. Hence, you have no issues accessing your cryptocurrency.

Coupled with its support for bitcoin, the KeepKey wallet also allows the transaction and storage of a wide range of cryptocurrencies like Namecoin, Dogecoin, Dash, Litecoin, and Ethereum. As a result, the wallet is suitable if you have more than one cryptocurrency or want to develop a collection of digital assets.

With KeepKey taking over the generation of private keys, transaction signing, and the storage of private key, it easily integrates with the wallet software on your computer.

Company Reputation

KeepKey is a company that complies with the highest security standards to make sure the funds of users are completely safeguarded. With the firmware being entirely open-source, all attempts to steal a private key or any other loopholes are quickly uncovered by the community.

Every KeepKey wallet is examined and packaged using a shrink wrap that is tamper-proof before they are sent out. This way, your KeepKey cannot be accessed without having to break a security seal. Hence, you can be fully aware of your wallet being tampered with or not.

The company makes sure your wallet is completely safe till it gets to your hands.

The KeepKey Wallet User Interface

KeepKey can be used with any computer with a Linux, Windows, or Mac operating system. Plus, the wallet also comes with a Google Chrome plug-in that can come in handy for you.

To use the KeepKey wallet, all you have to do is to plug it to your computer using a USB drive. However, you first have to use the Chrome app store to download the client software.

The client software has a straightforward and simple interface with detailed steps on performing basic actions like adding multiple accounts, viewing transactions, and receiving or sending funds.

Confirming and verifying transactions are all done using the physical wallet with clear text and large screen. Hence, you can have peace of mind when making important actions.

Pricing of the KeepKey Wallet

To purchase the KeepKey wallet, you need about $100, which can be considered a good price for such an awesome product.

One thing you would want to take note of is that this is a standard price for these kinds of Bitcoin wallets. Hence, you can’t find a cheaper alternative with the same value.

KeepKey’s Security

The KeepKey wallet is referred to be one of the most secure hardware wallets on the market today. This is because the wallet comes with a variety of security measures like a private key, PIN code, a recovery sentence, and even a passphrase.

Final Thoughts

The KeepKey wallet is a beautifully built HD wallet with a large screen for awesome user experience when confirming transactions and carrying out other important actions. Coupled with this user experience, the wallet’s software client comes with an intuitive and uncomplicated user interface.

Overview of Ellipal

Hardware wallets are physical, electronic devices, built primarily for securing cryptocurrency. These wallets ensure that your private keys are protected in a secure offline environment, so your coins will be safe even if the wallet is plugged into a malware-infected computer.

The Ellipal Cold Wallet 2.0 is a mobile-oriented, internet isolated hardware device that gives users the convenience they desire and also reduces the security risks they face when conducting transactions. The device is coupled with a companion mobile app that allows users to store, trade, exchange cryptocurrency and get market information while their private keys are kept safe inside the Ellipal cold wallet.

Company Reputation

Compared to Trezor, Ledger, and KeepKey, Ellipal is one of the lesser-known brands in the hardware wallet industry. Ellipal develops and provides cryptocurrency storage and payment solutions. The Hong Kong-based company was incorporated in 2017.

Ellipal’s User Interface

The wallet design is similar to a touchscreen phone from 2012. However, this device houses all the circuitry you’ll expect in a cold storage hardware wallet, controlled using a color touchscreen and a single button by the side. 

It doesn’t have any Wi-Fi, Bluetooth, or mobile connections. The Micro-USB port can only be used for charging the built-in battery, which can last for 650 hours in standby mode.

The wallet supports hundreds of cryptocurrencies including Bitcoin, Ethereum, Ripple, Dash. More tokens are regularly added, and you can update the wallet via a microSD card slot beneath the rear case.  

What's in the box

Once the Ellipal app is installed on your phone, you’ll be required to configure the security settings including the type of cryptocurrency you want to store, your username, a password for your account, and an automatically generated mnemonic.

Once you’re done with this, you’re ready to link up the app and wallet by scanning the QR code. The process is simple, and it takes less than ten minutes to complete.

Price of The Ellipal Cold Wallet

The Ellipal Cold Wallet 2.0 costs around $149 which is quite steep compared to other HD wallets like Trezor.

How to Setup Ellipal Wallet?

This video will help you to set up your wallet with two simple steps: create an account and connect to Ellipal app, easy right?

Security

The wallet works using the companion mobile app and by scanning QR codes. The wallet puts to rest issues arising from hacking activities, or a malware stealing your private keys because the wallet is not connected to the internet.

It cannot be connected to a computer, and after several incorrect password attempts, the wallet will erase all your data. In the event of theft, loss, damage, or it wipes itself, you can still get your coins back using your secure mnemonic. However, you’ll need to buy a new wallet.

Your private keys are internally encrypted; plus, multi-stage passwords ensure that no unauthorized individual would have access to your coins.

Comparing Ellipal with Other Hardware Wallets

The smartphone-like device promises all the functionality of a Ledger or Trezor wallet, but without the need to ever connect to the internet.

Unlike the Trezor or Ledger Nano S, the Ellipal Cold Wallet isn’t designed like a USB device.

In Conclusion

The Ellipal Cold Wallet 2.0 is a useful device. The hardware, app, and software interface are all well designed. Also, it is reasonably priced, and its QR-code security system makes it stand out from other wallet brands.

Image via Ellipal

This offline storage is known as the hardware wallet. The hardware wallet is a more versatile upgrade of easily writing down your private key on a paper. Basically, it demands a key firstly to open, and it backs diverse devices linked to the key.

Hardware wallets are increasing prominently around the globe as a secure sanctuary for user's cryptocurrency, as it offers powerful security against any form of loss or theft.

It would please you to know that; Ledger, which is rated among the highest generators of well-known cryptocurrency hardware wallets such as the Ledger Nano S, has debuted its new and upgraded device. This device is known as the Ledger Nano X.

Introducing The Nano X

The Nano X was launched as a hardware wallet to control user’s cryptocurrencies. For lovers of the first Nano, i.e., the Nano S,  Nano X actually enables Bluetooth, and this invariably implies that a user can either send or receive tokens from his/her mobile device.

The predecessor - Nano simply functioned by demanding its user to connect the key to a computer via a micro USB wire to carry out any desired task. However, changing to a Bluetooth-enabled device is only the most logical path to follow up on.

Accompanying the Nano X is a complete mobile application that will be known as the Ledger Live. Through this app, users will be able to access their balances easily and control any transaction.

Ledger Live Mobile will be available in the App Store and Google Play on 28th of January.

An Overview Of Nano X

The difference in shape is not quite much as the Nano X appears to look slightly more or less like its predecessor - Nano S. While it is shaped like a USB but comprises of a screen and some buttons, the screen is however on the bigger side.

While users of the Nano S were faced with a finite amount of roughly eighteen diverse cryptocurrencies, the Nano X is way different. For the Nano X, users can keep up to a hundred diverse cryptocurrency assets. It also backs roughly 1,100 diverse tokens in total.

Similar to other existing devices on the Ledger, the confidential keys do not leave the Ledger wallet. What this implies is that; should your mobile device or even computer be susceptible to hackers, the hackers will not be able to lay hands on your assets.

With its new Bluetooth feature, it simply means that Nano X can be utilized via the user's phone, therefore, enhancing the experience of the user. Its big screen comes as an advantage because some of its security actions are implemented by the device on its own.

The Nano X keeps confidential keys on the wallet. Nevertheless, any application set up on the external digital device is expected to carry out transactions. Judging from the words of Larcheveque, the cost of the Nano S will go lower when the Nano X is officially in the market.

The bigger in-built screen of the Nano X is not the only large feature of the device. It has a large storage capacity as it enables the use of up to a hundred diverse Cryptocurrency assets.

Its Bluetooth easily links to the mobile app, i.e., the Ledger Live Mobile app. The app enables users to review their initial balances properly, regulate transactions and manually set up or remove apps on the wallet. This is executed without connecting the USB device to any computer.

Nano X has CES Innovation Awards Honoree in the Cybersecurity and Personal Privacy category

What Should Users Expect From This Upgrade?

Asides the Nano X's support of about a hundred cryptocurrencies that is visibly larger than the Nano S, another intriguing feature is that users will be able to easily link the wallet to their mobile phones via the Ledger Live app.

The aim of the company is basically to advance flexibility rapidly. This is because hardware wallets that normally link over USB are not typically user-friendly. Now, the application will enable users to build new accounts or make use of old ones.

Nano X will make the sending and receiving of cryptocurrencies much easier. Also, it allows users to track the transactions from a distinct place. Some other things to expect from the Nano X includes;

Memory Increase

A notable feature of the new hardware wallet is its large memory for keeping user’s private keys. The company basically brought about a new specification for keeping these keys that belong to diverse tokens.

Since tokens are rapidly growing in the crypto sphere, it is crucial that the device entails diverse software to communicate with various protocols. And so, the company decided to create separate apps for diverse protocols to aid carrying out transactions.

This simply implies that a user utilizing an application cannot make the mistake of signing a transaction to a wrong protocol. It also has the ability to keep apps for roughly a hundred cryptocurrency assets. Hence, the device has more than six times the storage capacity of its predecessor.

Security

Since hardware wallets normally link over USB, the use of Bluetooth in the Nano X can easily be taken as an issue. This is simply because a wireless link can enhance the chances of unconfirmed access.

However, judging from what was stated on the website, Nano X will provide the highest security. The private keys of users will be strictly kept in an affirmed protective component i.e. the CC EAL 5+.

Basically, it is the actual chip that is used for passports and even credit cards. Also, the hardware stage PIN security and the finite range of links through the Bluetooth should theoretically diminish any risk.

Wrapping It Up

The much awaited Nano X is basically an upgraded version of the Nano S. Users will be thrilled with the larger screen, mobile application, enhanced protection, Bluetooth, and of course it’s most notable feature of supporting roughly a hundred cryptocurrency assets all at once.

You can preorder the Ledger Nano X here that cost US $120.00 and it will be shipped this March.

Affiliate disclosure: KenKarlo earns commissions from the products & services featured on this article.

Images via Ledger

Singapore – Justhodlcoin, a Singapore-based company that specializes in cryptocurrency hardware wallets, is pleased to announce that its latest innovation, Stronghodl, will be launched on Kickstarter on November 9.

Justhodlcoin recognizes that although cryptocurrency is the way of the future, security is a common issue, and for that reason the company is on a mission to provide an effective solution for those security risks.

“If you have trouble remembering your recovery phrases and private keys and have to write them down, that’s not a good solution,” says Justhodlcoin founder QH.

“Paper degrades, ink will fade, and you’re seriously putting all your digital assets at risk. That’s why we came up with Stronghodl, the perfect crypto wallet backup.”

An ultra-effective stainless steel device, Stronghodl is compatible with any non-custodial wallet that uses BIP39 recovery phrases. It involves no third parties, and includes more than 300 letter tiles, a privacy screen, and an Allen Key for fast and easy setup. Set up requires just three simple steps:

1. Remove safety screw
2. Remove the metal plate
3. Insert your 12 – 24 seed phrases

Made from grade 304 stainless steel, the device is fireproof, waterproof and shockproof. It can also be locked up with a padlock for added security.

Extensive prototyping has been conducted on Stronghodl. The manufacturer has been lined up and is ready to proceed, but the company needs help to raise the funds necessary for manufacturing, marketing, and distributing on a large scale, and for this reason, has set up a Kickstarter campaign.

“We’re proud of what we’ve accomplished, and are the first to develop this type of product in Singapore,” says QH. “We really need to get the word out to all crypto enthusiasts, so would appreciate your help with that.”

Early backers will receive some exclusive rewards that include special early bird pricing savings of up to 32%.

“By giving us your support, you’re ensuring that your digital assets will be safely protected for generations to come!”

About the Company

On a mission to provide access to innovative products that store cryptocurrency securely, Justhodlcoin also strives to educate customers on the industry best practices for keeping their digital assets safe. Their genesis product is Stronghodl, a cold storage crypto wallet backup tool made of SUS304.

A registered company in Singapore, Justhodlcoin was founded by QH who holds a computing degree (First Class Honours) from the National University of Singapore. He is, concurrently, the business development manager of his family business where he spent 6 years in the mechanical engineering and metal fabrication industry. He was inspired to found Justhodlcoin after almost losing his MEW private key written on a piece of paper.

To support Stronghodl or to access more information, visit the website at https://justhodlcoin.com or Kickstarter.

Media Contact
Contact name: QH
State & City: Singapore
Tel #: +65 89038422
Email: hello@justhodlcoin.com
https://justhodlcoin.com