KeepKey is a cold multi-cryptocurrency wallet created in 2015. It is the latest and the most developed hardware wallet created by the KeepKey company. The device works as a USB dongle, which allows users to get access to cryptocurrencies quickly and safely, even if a user’s computer is vulnerable to various kinds of attacks. To date, KeepKey is one of the most popular cold wallets.
KeepKey is a stylish and convenient device. It has a small button used to confirm actions of a user. All the rest can be done with a large touch screen.
The KeepKey wallet includes a nylon USB cable and a recovery card.
KeepKey is compatible with the most popular operating systems: Windows, Mac OS, and Linux. Moreover, the wallet works on the Android OS.
KeepKey cooperates with various companies engaged in the crypto sphere, including producers of online cryptocurrency wallets, such as Electrum, Mycelium, and MultiBit. A user can connect the cold wallet to one of these online wallets to carry out necessary operations.
The company also works with the Swiss currency exchange ShapeShift.
Cold wallets are considered the most secure devices for storing crypto assets. Unlike hot wallets with constant access to the Internet, the cold ones are connected to the network only if necessary, so it is almost impossible to hack them. That's why KeepKey is a reliable place for your tokens, and its security is provided by such functions as:
- HD-wallet technology (a hierarchically determined wallet). The wallet uses new addresses for each incoming money operation.
- PIN-code. Even if the wallet is stolen, the criminal will not be able to access the funds stored in it. Moreover, the device requests the PIN every time a user makes a transaction.
- Mnemonic code. This code is a phrase of 12 words that can be used to restore access to the wallet in case it is lost or stolen. The phrase is generated randomly when a user starts working with the device.
- Single button. A user has to approve all cryptocurrency operations manually. The touch screen is a good thing, but no one is protected from accidental touches that can be harmful to the user's funds. For this reason, the wallet has a confirmation button.
In order to start working with the wallet, a user must register and provide their personal data. There are two types of private information the company needs:
- Voluntary given. This includes the username, address, email, credit card data, etc.
- Automatically gathered. Cookies, IP address, OS type, third-party tracking technologies, server logs, type of browser, etc.
KeepKey pledges not to share private data of its users with any third parties. However, trusted partners of the company can use some personal information for statistical analysis and to improve the services of the company.
The company utilizes Secure Socket Layer (or SSL) for authentication to protect personal data of users.