Secure Cold Wallet for Effortless Transactions

A hardware/cold wallet is a physical device designed to store seed phrase or private keys for cryptocurrencies securely. It provides an offline storage solution, protecting your digital assets from online threats like hacking. Using a hardware/cold wallet adds an extra layer of security to your crypto holdings compared to software wallets.

Using a hardware/cold wallet involves setting it up, generating a seed phrase (recovery phrase), and securely storing it. You can then send and receive cryptocurrencies through the wallet's interface. Transactions are signed within the device, ensuring your private keys never leave the secure environment of the hardware/cold wallet.

A hot wallet, such as a software or online wallet, is connected to the internet and is more susceptible to hacking. In contrast, a hardware/cold wallet is offline when not in use, making it immune to online threats. Hardware/cold wallets are considered 'cold storage,' providing a higher level of security for long-term storage of cryptocurrencies.

The Keystone hardware/cold wallet stands out due to its advanced security features, including 3 secure element chips, biometric authentication, and air-gapped (offline) transaction signing. The secure element enhances protection against physical attacks, while biometric authentication adds an extra layer of user verification. The air-gapped feature ensures that sensitive operations are conducted offline, reducing the risk of remote attacks.

Yes, the Keystone hardware/cold wallet currently supports a variety of cryptocurrencies, including BTC, ETH, XRP, SOL, ADA, etc., and it is committed to continuous improvement. The Keystone team plans to expand its compatibility through firmware updates, ensuring users can access an even broader range of digital assets over time. Stay informed by checking for firmware updates on the official website to take advantage of the latest supported cryptocurrencies.

Absolutely. Similar to other hardware/cold wallets, Keystone generates a recovery seed phrase during the initial setup. Safeguarding this seed phrase in multiple secure locations is essential. For added security, Keystone offers the Keystone Tablet, a dedicated device designed to securely store and manage seed phrases. In the unfortunate event of hardware/cold wallet loss or damage, funds can be recovered by entering the seed phrase into any wallet supporting BIP39. We highly recommend promptly importing the seed phrase into a new wallet and transferring funds to a new address. Following these best practices mitigates potential risks. If needed, you can also seek assistance from law enforcement.