keepkey review 2021

KeepKey

$49.00

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7.5/10 (Expert Score)
Product is rated as #8 in category Hardware Wallets

The KeepKey hardware wallet allows users to store their private keys offline and protect up to 54 cryptocurrency assets. It is one of the oldest and most secure hardware wallets in the world, reportedly never undergoing a security breach or hack. Whilst hackers found some sensitive information from staff emails/Twitter accounts, no wallets or user funds were ever compromised. Despite these features and security, it's also one of the most competitively priced products on the market, cheaper than all of their direct competitors.

Through integration with the ShapeShift cryptocurrency exchange, users can trade/exchange crypto-assets from their device. This gives users much more freedom and utility out of their wallet, whilst maintaining a high level of security. Although the 12-word recovery phrase is half as long as their competitors (Ledger/Trezor), this still proves secure and functions as intended; with users able to recover their account in the event of loss, theft or breakage. For beginners, the interface can prove a little difficult to use and may require some previous experience or a guide.

Design
8.5
Support & Reputation
7
Usability
8
Coin Support
5
PROS:
  • Diverse range of payment options
  • Open-source with desktop software
  • Bigger screen than competing wallets
  • No battery results in a longer product lifespan
  • Utilises 2FA, pin code and 12-word recovery phrase
  • Supports swapping/trading of assets directly within software
  • No reports of any hacked/compromised wallets since release
  • One of the most competitively priced hardware wallets on the market
CONS:
  • No mentioned bank transfer, PayPal or external wallet support
  • Far less supported cryptocurrencies than competitors
  • Bigger and heavier than direct competitors (54g)
  • No integrated battery, requires external power
  • Released in 2015, hardware is a little dated
  • Highly limited support, no FAQ or live chat
  • No FIDO U2F Authentication
  • Larger than competitors

Specification: KeepKey

Design Specification
Battery life No onboard battery, requires external power source
Screen size 256×64 px
Size 96.52mm x 236mm x 30.8mm
Touchscreen No
USB connector Micro-USB
Weight 54g
Software
Connectivity USB
Desktop Software Yes
Functions Receive, Send, Store, Trade
Open source Yes
Supported Operating System Android, Linux, Mac OS, Windows
Features
Compatibility with external wallets Unspecified
No. Supported Currencies ~54 cryptocurrencies and tokens
Security
2FA Two-factor Authentification Yes
Anonymity Yes
Backup type 12-word Recovery Phrase
Multi signature Yes
Pin code Yes
Own your own private keys Yes
Previously suffered security breach Hackers accessed phone numbers, email/twitter accounts of staff, although no wallets were compromised.
Pricing and Payment
Bank transfer No
Cryptocurrency Yes
Debit or credit card Yes
Paypal Yes
Company info
Established 2015
Full company name KeepKey, LLC, Shapeshift
Registered in Unspecified

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