Ellipal Review | Is It Worth Spending $140 To Buy This Wallet?
Jack Moreau
Feb 2024
8 min read
Fact checked
Introduction: As cryptocurrencies gain momentum, having a secure and reliable wallet is paramount. Dive into our comprehensive review of the Ellipal Wallet to understand its pros, cons, and how it compares with other wallets. Keep reading and we promise you will quickly discover if it's the right wallet for you!
ELLIPAL was founded in 2018 by two encryption technology experts in David and Thomas. The duo raised over $1 million to support their vision of creating the best air-gapped cold wallet.
Ellipal Hardware Wallet
Headquartered in Hong Kong, Ellipal has grown to tens of thousands of customers in over 140 countries. The team has grown to over 20 employees and expanded to it's warehouse capacity across Australia, Germany, the US & UK to quickly meet the demand for it's wallets.
The Ellipal app functions as a standalone hot wallet but can be paired with the Ellipal Titan air-gapped cold wallet for enhanced security. It allows users to import accounts using various methods such as private keys, recovery phrases, keystores, and secret keys from different wallets.
Ellipal is a versatile wallet that offers support for multiple account, 10000 cryptocurrencies and support for over 50 blockchains. Ellipal offers three type of hardware wallets in Titan Mini, Titan Cold Wallet and Seed Phrase Steel.
Ellipal Product Offering
The prices for the wallet are quite affordable with Mini costing only $79, $139 for Titan and $59 for the Seed Phrase Steel. The Ellipal mobile wallet is available for Android and IOS and has received over 100,000 downloads with strong ratings.
Ellipal mobile wallet
Ellipal Crypto Wallet
With a big focus on security, Ellipal operates as an air-gapped system with no connections like USB, Bluetooth, WiFi, NFC, or cellular. This is to ensure that the digital assets of the users remain entirely offline and safe from online threats.
The Ellipal Titan wallet has a 4-inch touch screen that facilitates a comprehensive view of all operations. It offers unlimited storage which accommodates multiple accounts and 1000s of cryptocurrencies.
Ellipal Titan Wallet
The wallet has dimensions of 118 x 66 x 9.7mm and weighs 340g. It's constructed from a fully metal-sealed material and uses a QR scanner. Any updates are facilitated offline via a Micro SD card.
The Ellipal app is compatible with both Android and iOS and the device features a 5M autofocus camera and a 4-inch HD LCD. With a battery capacity of 1400 mAh, the wallet has a standby time of 259 hours.
The Ellipal Mini shares most of the characteristics of Titan with the differences being that the Mini features a 2.4-inch HD LCD and only weights 120g.
Ellipal Titan Mini
The Mini also has a smaller standby time of 50 hours. Both wallets are well designed and have receive an average of 4.3 star rating on Amazon based on 500 reviews.
Ellipal Product Features
In terms of product features and functionality, the hardware wallet enables support for over 10,000 digital assets across almost 50 blockchains. By connecting the hardware wallet to the Ellipal Android and IOS app, users can easily send, receive, swap and buy a wide range of cryptocurrencies.
Ellipal supported cryptocurrencies
The apps offer multiple third-party Web 3 integrations to Dapps such as Uniswap, Pankakeswap, Avee, Compound and many others. The wallet also offers support for multiple languages including English, Chinese, Japanese, Korean, Italian, Spanish, Vietnamese, German, and Russian.
For users who are deep into the NFT world, they will be happy to know that the apps also supports the storage and trading of NFTs across the wide range of blockchains that are supported. In app staking is also supported for cryptocurrencies such as Cardano (ADA), Polkadot (DOT), Cosmos (ATOM), Kusama (KSM) and Tezos (XTZ).
Ellipal supported blockchains
Users who want to buy cryptocurrencies in the Ellipal app can also do that with Visa and Mastercard credit/debit cards. Ellipal is also working together with Binance, MoonPay, Simplex, WalletConnect and Swift to offers more payment options to it's users.
Ellipal is the world's first fully metal-sealed hardware wallet which serves well to offer robust protection against physical intrusions and supply chain attacks. For additional safety, it features a two-factor authentication system, including PIN and password entries, gesture pins, and numeric passwords. If the wallet is tampered with, an auto-self destruct mechanism triggers which reverts the wallet to it's factory settings.
Ellipal Wallet USPs
Users can also conduct completely offline firmware updates via a micro SD card, negating the need for USB connections. Additionally, it offers an innovative A/B accounts feature that enables the setup of alternate accounts, which appear when unlocked using an alternate password.
With a big focus on security, Ellipal operates as an air-gapped system with no connections like USB, Bluetooth, WiFi, NFC, or cellular. This is to ensure that the digital assets of the users remain entirely offline and safe from online threats.
Ellipal is the world's first fully metal-sealed hardware wallet which serves well to offer robust protection against physical intrusions and supply chain attacks.
Ellipal Security Systems
For additional safety, it features a two-factor authentication system, including PIN and password entries, gesture pins, and numeric passwords. If the wallet is tampered with, an auto-self destruct mechanism triggers which reverts the wallet to it's factory settings.
Users can also conduct completely offline firmware updates via a micro SD card, negating the need for USB connections. Additionally, it offers an innovative A/B accounts feature that enables the setup of alternate accounts, which appear when unlocked using an alternate password. One of the downsides of Ellipal is that the firmware is not open source.
Author
Jack Moreau
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.
