In the past year or so I’ve gotten to review two Bitcoin hardware wallets – TREZOR and Ledger.I’ve also matched them head to head and compared the differences, but today a new competitor has entered the arena.KeepKey is the latest crypto hardware wallet.And I say Crypto hardware wallet and not Bitcoin hardware wallet because apparently KeepKey supports Bitcoin, Testnet, Litecoin, Namecoin, Dogecoin, and Dash (although at the moment the Chrome interface only supports Bitcoin).The first thing you’ll notice when you get your KeepKey is how exciting the whole unboxing process is.You can tell that a lot of thought was put into the packaging and product design.The box comes with a KeepKey seal which shows that no one has opened it before you, indicating that the device is secure.When comparing this to TREZOR or Ledger’s packaging you automatically feel that you’re in a different league so to speak.The content of the box includes the KeepKey hardware wallet, a USB cable to connect the KeepKey wallet to your computer, a card to write your recovery sentence on it and a nice leather case to keep that card in.

Just like other hardware wallets it doesn’t take much to get started with KeepKey, you’ll need to download two chrome applications (one for generating a wallet and one for connecting to KeepKey through Chrome) and you’re good to go.It may sound stupid but KeepKey’s sleek design and cool digital animation makes the experience of using it feel so much better than other hardware wallets.The device itself also feels much more durable.Even though you won’t be able to walk around with it comfortably in your pocket like TREZOR or Ledger, you need to remember that this is a hardware wallet which is used to store large amounts of Bitcoin – so why would you want to walk around with it in the first place.The device uses the same 2nd screen protection that TREZOR uses which makes it more secure to keystroke spying.The user interface of the Chrome wallet is simple and intuitive.KeepKey features all of the “standard” Bitcoin hardware wallet features such as Firmware updates, no OS compatibility requirements, message signing, device recovery and more.

The FAQ page of the wallet pretty much covers all of the features and also at the moment states that KeepKey is compatible with TREZOR v1.3.3.KeepKey seems like a pretty solid product, however as a non-technical user I won’t be using it just yet.The reason is that KeepKey as a company hasn’t earned enough “reputation points” in my opinion.At the moment I personally use TREZOR as my hardware wallet, and that’s mainly because they have gotten enough positive feedback form the Bitcoin community.Also, I know the people who run the company and trust them.As someone who is non-technical and can’t dig deep into the nitty gritty it’s important for me to see that the smartest people in the room approve a product.Of course KeepKey is open source and everyone who wishes to can read the code, but I don’t really know how to read open source code and I doubt that many people have actually gone through it.So at the moment I will be waiting to see how the community reacts to the company before transferring my Bitcoins to KeepKey’s wallet.

Last but not least, KeepKey’s price used to be more than 2x TREZOR’s price and more than 7x Ledger’s price.When it just came out it was priced at $239 however recently the price has now dropped to $99.So now Keepkey is indeed a very good alternative to TREZOR or Ledger.KeepKey can be bought through the company’s website with Bitcoin/Paypal or through Amazon.The guys at KeepKey did a great job with creating a beautifully designed, user-friendly Bitcoin hardware wallet.bitcoin seminar topicsIf you don’t mind the size of the product, this is a cool product to own.bitcoin zweckPersonally, I’m going to wait a while longer until I start transferring my Bitcoins to KeepKey but this has nothing to do with the product itself, it’s more of a reputation thing.ethereum cost gbp

If you already own a KeepKey or any other hardware wallet, I’d love to hear your experience with it or answer any questions you have in the comment section below.About Latest Posts Latest posts by Ofir Beigel (see all) [Review] Changelly VS ShapeShift– The “Instant” Cryptocurrency exchanges “Bitcoin and Ethereum…both soon obsolete” – James Ricakrds | $2623.69 “Why Bitcoin Can’t Serve As A Currency” – Seeking Alpha | $2345.56 Keepkey$ Design Ease of use Price tag Portability Pros Great design Intuitive to use Cons Not very portable Relatively new companyThe Simple Dogecoin Hardware WalletKeepKey is a hardware wallet that secures dogecoin, bitcoin, ethereum, litecoin, dash, and namecoin.Your assets are protected from hackers and thieves.Overview.How it Works.KeepKey works with the wallet software on your computer by taking over the management of private key generation, private key storage, and transaction signing.Initialization.KeepKey generates private key using its hardware-based random number generator, combined with randomness provided by your computer.

Backup.Once your private key is generated, you are given the one-time opportunity to write down a backup of your KeepKey in the form of a twelve-word recovery sentence.Secure Storage.Your private key is stored securely on your KeepKey, never leaving the device.Your KeepKey is PIN-protected, which renders it useless even if it falls into the wrong hands.Transacting.KeepKey's large display gives clarity to every digital asset leaving the device.Each transaction must be manually approved using KeepKey's confirmation button.Recover.If your KeepKey is lost or stolen, you can safely recover your device without compromising its private keys.Features.bitcoin, ethereum, litecoin, dogecoin, dash, namecoin, and more coming soonExchange between assets directly on device using ShapeShiftSupported by clients including Electrum, MultiBit, and MyceliumVirus- and malware-proofWorks on PC, Mac, Linux, and AndroidFor those of you who still haven’t watched out Bitcoin Whiteboard Tuesday’s episode on Bitcoin wallets I suggest you do so before reading any further.

For those of you who have, by now you probably know that the most secure way you can store your Bitcoins is through the use of hardware wallets.Hardware wallets use 2FA by making sure that in order to access a wallet you prove your identity by something you have (the physical wallet) and something you know (the PIN code for the wallet).If you’re serious about Bitcoin, you need to get a hardware wallet, I personally have 3 different ones.Today I wanted to take the opportunity to list who I think are the best Bitcoin hardware wallets on the market for 2017.Keep in mind that the top 3 Bitcoin hardware wallets I will present are all great products.The difference between 1st, 2nd and 3rd place is somewhat minor as you’ll see soon enough.I’ve reviewed the Ledger Nano S not long ago and was absolutely impressed.The company, that used to be the second runner up in the Bitcoin hardware wallet race seemed to have matched it’s main opponent TREZOR.The Nano S has a sleek design, intuitive user interface, a wide support of altcoins (Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stratis) and most importantly an attractive price tag.

At the moment the Nano S sells for €58 which is around $63 making it the most affordable hardware wallet from the top 3 as well.The company (LedgerWallet) has been around long enough to gain a respectful reputation and in all honesty I couldn’t find anything bad to say about their product.Even though I tested this product personally,  at the moment I’m still actually using a TREZOR.The main reason for this is because when I started out with Bitcoin the Ledger Nano S wasn’t around yet :) Click here to learn more about the Ledger Nano S My personal hardware wallet is a TREZOR.This is the oldest hardware wallet on the market and probably the most reputable one as well.TREZOR has a nice design, a very easy to understand user interface, and it supports Zcash, Dash and Ethereum aside from Bitcoin (ETH is supported through an external wallet called MyEtherWallet).The price on the TREZOR is a bit higher and is currently $99.I can’t say it justifies a higher price than the Nano S and therefor it’s in 2nd place in my opinion.

However, as I’ve mentioned before, this is a great wallet and you can also read my full review of it here.Finally,  the main advantage TREZOR has over its competitors is the company reputation.One of the company’s founders is Marek “Slush” Palatinus, who also created the first mining pool for Bitcoin (founded in 2010).Click here to learn more about TREZOR Coming in 3rd place we have Keepkey, a Bitcoin hardware wallet with a beautiful though somewhat large design.Keepkey has similar features to TREZOR and the Ledger Nano S, however there are a few reasons that make it a bit less attractive in my opinion.First, the wallet is too big for carrying in your pocket conveniently.The size of the Keepkey wallet is almost twice of the TREZOR or Ledger Nano S (as can be seen in the image above).Second, the company hasn’t built enough reputation in the community.Additional things that make me hesitate regarding buying the product are: On the bright side, Keepkey supports a wide variety of altcoins including Bitcoin, Litecoin, Dogecoin, Namecoin, Testnet, Ethereum, and Dash.

Keepkey currently sales for $99 similar to TREZOR.Click here to learn more about Keepkey Throughout the last 2 years I’ve also explored some additional Bitcoin hardware wallets that didn’t make the top 3 list so I’d like to mention them here.CoolWallet is a credit card looking hardware wallet that you can carry around in your pocket.My review of Coolwallet was positive, however the wallet hasn’t gained enough marketshare in order for me to consider it a stable product.BitLox is another hardware wallet I reviewed, however it was in early stages and I couldn’t get it to work properly.I haven’t taken another look at the product since then (this was back in the beginning of 2016) and the product may have become more user friendly.It doesn’t get any simpler than this headline.Yes, hardware wallets cost money and no one like spending money on things they can get for free.But the amount of security you get by using a hardware wallet is much more valuable than the $50-$100 you’ll pay for purchasing the actual device.