Cryptosteel Review – Pricing, Key Pros and Cons Revealed

Cryptosteel is operated by Sword LTD, a firm registered in the United Kingdom. With this in mind, there’s no doubt the company has all it needs to be credible. With its presence since 2013, it’s clear the company has been doing good for a while.

However, these features don’t affect your investment results much; they only protect your assets. So, let’s find out in this Cryptosteel review if it’s worth the money.

What Is Cryptosteel?

Cryptosteel mainly focuses on protecting the passphrases for hardware and software crypto wallets. The key benefit is that numerous popular newspapers, such as CNBC, WSJ, and Forbes, also discuss these tools. This tells you all you have to know if the tools are good or not.

In general, when it comes to the safety of your key phrases, protection is never enough. Thus, to be fair, if you don’t have much money in your wallet, it might be unnecessary. However, even other security solutions that we covered in the Onekey Wallet review might not be worth the money.

What Do Traders Say?

Surprisingly, if you look for Cryptosteel reviews you won’t find them on popular platforms like Trustpilot. Luckily, the company’s partner Ledger, has 236 comments on their platform about Cryptosteel tools.

In most cases, comments are positive. But we have to be fair; negative ones can’t be considered negative. For instance, traders complain they can’t fit 24-word keyphrases into the Cryptosteel protection tools. However, the company gives detailed instructions on how to store such long phrases. All in all, nothing concerning.

What Are Cryptosteel Variants Available?

The key difference in storing key phrases here is from the basic design. Therefore, investors can opt for metal-seed backup in the form of a cassette or an almost indestructible capsule. Whatever option you choose, you will have free shipping in the US, UK, and EU.

What Is Cryptosteel Capsule?

It’s a stainless steel capsule that contains a set of stainless steel tiles that have engraved characters. This option covers all printable ASCII characters and also includes separators for keywords. Such a capsule can store a password of up to 24 keywords abbreviated to the first four letters.

One of the key benefits of the capsule is extreme resistance to various side effects. These benefits include water resistance, shock absorption, and high-temperature resistance. The product weighs 90g, and it’s considered quite light.

What Is Cryptosteel Cassette?

The whole principle of the Cryptosteel cassette is pretty much the same as with the capsule, except for the main unit, which reminds of a standard bank card. Each side of the cassette can also be used to store seed phrases of up to 24 words. 

Another difference comes from the product weight: The cassette weighs 208g compared to the capsules’ 90g. But also, there’s the pricing aspect. 

What Are Price Tags?

The Cryptosteel wallet protection is quite hefty in price. The primary offer contains solo packages that include only one product. For the capsule, investors will have to put aside €89, while for the cassette, it would be €159.

Of course, like any other sales company, you can expect various promotions. Currently, if you purchase two capsules for €139, you can get a free capsule container. But also, if you purchase two cassettes, you can get the second one with a 50% discount. 

In addition to that, there are capsule trio (€189) and capsule quintet (€299) offers available. Even though the Cryptosteel Ledger partnership looks quite decent, there are other options in the shop, such as hardware wallet protection combos and crypto starter kits. But don’t forget to reserve parts and gift ideas, which are also available. 

Is It Worth The Price?

Generally, if you check Cryptosteel Reddit comments, many traders think it’s too expensive, especially for a piece of metal that holds your passphrase safe. Indeed, it’s a great solution to prevent being hacked online. However, if you lose the passphrase, you are in big trouble. That’s why you have to make a big response to keep it all safe.

On top of all, solutions like Cryptosteel hardware wallet recommendations limit traders to crypto investments only. These are primarily long-term ones and can be quite time-consuming. Unless you have big money into play or a lot of luck, you might wait for a long time before seeing some satisfying results. So, what are other options? But first, make sure to check our Phemex review and find out exactly what to avoid.

Combination Of Multi-Trading Options

For crypto investments, you can use only a small leverage. So, your profits mainly depend on the invested amount and, logically, market movements. Buying and selling cryptos can be expensive and time-consuming. Instead, you can try other investment options, such as the Funded Trading Plus program.

The same amount of money you will invest in the protection capsule you can use to enter the evaluation phase for a funded account. In case you pass it, you can get a funded trading account with up to $200K. But to be fair, with a number of positive comments about Funded Trading Plus, there must be something good about them. Most importantly, you are not investing your money directly into the market.

The key point is to make money while waiting for crypto investments to pay off. Stop wasting time, hoping something will change. Sign up for the Funded Trading Plus program today and explore all the benefits of funded trading accounts. After all, it doesn’t cost you anything to get in touch and find out all you need to know. Change the course of your investment career already today!

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