KeepKey Review – Key Features, Pros and Cons Revealed

KeepKey company has been operating under the name Key Hodlers, LLC. The company was registered in various areas in the US. In 2017, this hardware wallet designer was acquired by the ShapeShift crypto exchange.

Even though it appears like a solid move, some traders say it’s not. For all necessary details, we recommend you read this KeepKey review carefully.

Brief Overview Of Keepkey Company And Its Products

One of KeepKey’s main products is its user-friendly and secure crypto hardware wallet. At $49, it can easily compete with other popular cold wallet options, such as Ledger Nano, Trezor, and Ellipal.

Some of the most popular cryptocurrencies are supported, such as Bitcoin, Ethereum, Dogecoin, etc. However, a big downside of this wallet is that it only supports a small number of cryptocurrencies. To compensate for this flaw, the company integrated outstanding security features like a built-in protection system and OLED display for added security options.

What Do Traders Say?

Even after the acquisition, the KeepKey reviews remained positive on Trustpilot. Very few customers complained about the company’s services. But with 290 comments in total, that’s a minority. Yet, traders shouldn’t oversee it. The obvious potential problem is the reviews of their acquirer, ShapeShift.

All in all, there are less riskier options available. If you are still exploring your possibilities, make sure to check our Waka Waka EA and 3ton reviews as well.

KeepKey Acquisition By ShapeShift

According to numerous sources, the KeepKey wallet was acquired by the ShapeShift crypto exchange. This highly popular exchange gained much-needed credibility after this successful business move. Yet, the KeepKey company still claims it was not acquired by ShapeShift. Instead, it claims to be owned by individuals who were formerly working in ShapeShift. Sadly, these things make everything questionable.

One of the key benefits of this acquisition is the integration of the KeepKey hardware wallet with other exchanges. It is also possible to buy and sell cryptos directly from the wallet with integration into the ShapeShift exchange platform.

Can KeepKey Crypto Wallet Be Compared to Ledger?

Overall, all hardware wallets offer similar features and security measures. Also, a wide range of cryptocurrencies are offered, with a slight advantage with Ledger. 

Anyway, the main differences come from the user-friendly interface of KeepKey and its larger display. Another key factor would be pricing, but the ones who seek security don’t bother much about pricing at all.

This wallet might be the right choice if you are interested in the following cryptocurrencies:

• LEO
• OKB
• TKX
• OSMO
• ETH and many more 

Standings To MetaMask

Another huge competition is between the KeepKey and MetaMask platforms. Thus, the biggest advantage of the KeepKey platform is the availability of multiple currencies, while MetaMask is focused on the Ethereum ecosystem. 

However, the KeepKey hardware wallet also wins over MetaMask’s hot wallet when it comes to protection features. Currently, the KeepKey Amazon offer stands at $49 per device.

KeepKey Security Features

One of the worrying details about this wallet is its PIN verification vulnerability. In 2019, a random researcher skipped this feature, and the company had to release necessary updates to ensure traders could still keep their funds in their wallets.

Consequently, such activities raised concerns about the wallet’s trustworthiness. Luckily, the company implemented various other security measures, such as:

• Secure boot process
• Firmware signing
• Hardware random number generator

Integration With X Platform

One thing that might change our view of social media platforms is the KeepKey integration with X. It allows all users to quickly and securely manage their X assets directly from the wallet. Slowly but surely, it is helping traders understand cryptos better and integrate into every aspect of the crypto ecosystem.

For example, integration with the Blockchain Association might be the key move in developing the highest security standards in the crypto world.

Can It Be Profitable Like Regular Trading?

All in all, holding cryptocurrencies involves a huge luck factor. Staking is always a good option. However, unless you withdraw the funds or trade them regularly, you are not generating any cash flow. Instead, traders often opt to diversify their portfolios. Unluckily, they often lose money because they trade with inadequate firms.

That’s why traders rather choose the Funded Trading Plus program where they can use large capital pools with the potential to earn big profits. Their services often include special promotions, giveaways, and discounts, that set them apart from other prop firms. All the features give clients a chance for profitable trading experience.

We strongly recommend anyone who has never tried it to give it a shot. This is primarily because traders don’t expose their own funds to the market. Therefore, they can test all their strategies, AI tools, and trading signals to create their own profitable system. Sign up today and improve your results quickly with the Funded Trading Plus program.

FAQ