KeepKey Wallet Review | Worth Spending Over $80 On This Wallet?
Jack Moreau
Mar 2024
9 min read
Fact checked
Introduction: KeepKey Wallet claims to be a forerunner in the world of cryptocurrency hardware wallets. But does it live up to the hype? Navigate through our in-depth review to discover its strengths, weaknesses, and where it fits in the market. This succinct review covers key features and benefits so that you can decide if the wallet suits your needs!
KeepKey was founded by Darin Stanchfield in 2015 but quickly got acquired by Shapeshift in 2017. Since decentralising into a DAO, ShapeShift spun KeepKey back into its own entity and has continued to work hand-in-hand with them.
KeepKey is currently managed by CEO Matt Highlander who is passionately leading the charge in the Bitcoin revolution against traditional banking systems.
KeepKey website
KeepKey is an up and coming physical hardware wallet for securely storing dozens of digital assets such as BNB, Ethereum, Bitcoin, Litecoin, Dash and a few others.
The wallet uses software located on the user's computer to take over the management of private key generation and storage along with the signing of transactions.
The KeepKey Desktop client also has a built in Dapp-Store that allows users to discover and connect to DeFi applications such as Thorchain, Uniswap, OpenSea, Compound and 100s of others.
KeepKey offers a secure method for managing private keys offline in cold storage, ensuring they remain protected from potential computer vulnerabilities and viruses.
KeepKey Hardware Wallet
The hardware wallet can be bought for only $78 and can then be connected via USB connection to the Desktop Wallet which is available for download on Windows, MacOS and Linux.
KeepKey Crypto Wallet
KeepKey offers a secure method for managing private keys offline in cold storage, ensuring they remain protected from potential computer vulnerabilities and viruses.
When you use KeepKey, transactions are carried out safely using dedicated wallet software. For backup and recovery, the device produces a 12-word recovery sentence during its setup, allowing users to easily retrieve their private keys. This ensures that even if the device is lost or damaged, the funds remain secure.
One of KeepKey's standout features is its large, clear display, which provides users with an uncomplicated view of all digital asset transactions. The wallet comes with a very affordable price of $78 dollars including free shipping.
KeepKey Price
For added security, every transaction requires manual approval via a confirmation button, allowing users greater control and transparency. When it comes to the user experience of navigating the website or getting access to customer support, that leaves much to be desired.
The information on the website is not up to date in many cases and support can only be accessed via Discord. And when looking at the most recent reviews on Trustpilot and Amazon, they don't induce much additional confidence in the suits of products.
KeepKey Features & Products
KeepKey has a well designed desktop client that users can download and connect their hardware wallet to in order to access DeFi opportunities via wallet connect.
KeepKey Dapp Store
With KeepKey, users can securely access this DeFi ecosystem and take part in lending, multi-chain swapping, liquidity pool providing, games, gambling, high-risk investments and much more. This means that users can easily connect to well known Dapps such as Zapper, 1inch, Rarible, Etherscan and many others.
Via the desktop client, it's possible to send, receive and swap over 7000 digital assets with support for 350 blockchains. As such users can toggle between different assets, blokchains and Dapps to participate in relevant DeFi opportunities.
KeepKey operates as a USB HID-class device and ensures heightened security for digital assets. It generates private keys using a unique combination of its hardware-based random number generator and randomness from the users computer.
KeepKey USPs
Uniquely, KeepKey is immune to viruses and malware as it lacks an operating system, eliminating the typical layers susceptible to these threats.
Additionally, all private keys are securely stored on the KeepKey device and never leave it. KeepKey is also PIN protected to ensure it remains secure even if lost or stolen.
The KeepKey firmware also undergoes a deterministic build process which enables the community to audit every version they've released over the past nine years. KeepKey is further open source and their Github repos are available for any developer to see.
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.
