CryptoDad's Ultimate Cryptocurrency Wallet Comparison: Find Your Perfect Match! (New for 2023)

[@cryptotech4513]

Excellent comparison.
Could you please include aspect of
1. Open source code ,
2. Track record of company (or reputation of company) ,
3. Time test (How long they are in business ),
4. Vulnerabilities or security breaches in past.
5. Number of coins supports
Also Have you considered Bit Box 2 as well?
Also i always got questions why can't we have 2FA option along Hardware wallet. It will be more secured.
Do we have Multisig wallet in market?

[@richardmorris2064]

How would your views on the Trezor T wallet be influenced by the new coinjoin controversy?

[@sethy12]

Security first..def go with Keystone, have it and love it

[@pkavics9182]

I am thinking to buy a Keystone or Ellipal Titan, which one would you recommend and why? Is Keystone open source, is that right?

[@goldeneagle8259]

@@pkavics9182 and so which one is better?

[@rasheed9705]

Is there a cold wallet that has a superior app interface that emulates the look/feel of an exchange app? I'd want to make sure I can view graphs, monitor my earnings, and watch how my crypto is doing in the market without having to do the math manually..

[@a.mendez2894]

love yur content, what cold wallet is the best, easy an safe to use. Thanks for all you do

[@fredbear2648]

Please update regarding Ledger Recovery and the complete violation of trust from the comunity.

[@jamesthompson3099]

There was a tremendous amount of FUD and misunderstanding of what Ledger was trying to accomplish. "Shamir's Secret Sharing" is a very old and trusted way of protecting keys. Ledger was offering a way to use SSS and keep the phrase shards safe and separated on three independent servers. That would protect against loss or destruction. The problem is actually that the government can show up with a warrant and force Ledger to retrieve and turn over the shards. Of course they can also show up at your house and demand a copy of your seed phrase and you either produce it or go to jail. If you think the government is after you, you nee to find something with no seed phrase at all.

[@BalletCrypto]

Thanks for including us in this Ultimate Cryptocurrency Wallet Comparison! We appreciate your consistent support for self-custody!

[@hamishmaclean3920]

Thanks for the review....a good review.

[@daututheoxuhuong]

Is it still a safe place to store our crypto in ledger? Is it still get the A for security. Which wallet is the safest right now please.

[@trustinginhim1698]

How is ledger one of the best if the new upgrade can allow the government to subpoena through the back door of this update the keys of all it's user's and take their crypto. And we know it's coming

[@sbl17jackson37]

How can Atomic and Exodus get a B- for security when a hacker could gain access to your password and steal your crypto. I can't see how any hot wallet or desktop wallet could get more than a D for security.

[@ryananderson8174]

Just received my Tangem wallet. Wondering why it's from China since they are a Swiss company? Could be naive, but it seems questionable right off the bat. I'd be grateful for any thoughts, appreciate the show.

[@jbug1227]

According to Tangem due to the sudden high demand after the Ledger issue in May they began shipping direct from manufacturer in China to expedite deliveries.

[@PeeedaPan]

wish you had covered coldcard. Also, Ledger is looking a little more suspect now after they announced their recovery service which seemingly confirms that they can get your recovery phrase off the ledger device despite the secure element chip

[@jamesthompson3099]

I do not work for Ledger but I think you misunderstand the recovery program. It uses a fully encrypted backup that is then separated into three parts and stored with three independent servers. Two of three are needed to recover the coins. Ledger does NOT get your phrases or anything else from your Ledger wallet. They presented it very poorly. Please Google "Shamir's Secret Sharing" to see the method they are using. The actual downside, which Ledger admitted to, is that if the government shows up with a warrant, Ledger may be obligated to retrieve the keys from storage providers and give them to the government. If you are worried about that, yes, this would not be a good solution. Of course the government can just come to your door and demand your recovery phrase and you either turn it over or go to prison so there's that. If you have written it down, it is a seizable document. Ledger was just trying to create a secure place to store the phrase where it would not get lost or destroyed.

[@kellee6551]

Thank you for the Easy translations you provided. I have an Apple phone now and would like to ditch and go back to an android. If I set up my Tangem app on the apple phone can I then use my new android phone to sinc up my Tangem card. I'm over 70 and would love to get this done without fumbling any more than needed. Thank you in advance for your time and consideration.

[@CryptoDad]

I checked out the Tangem Twitter account and they have top 10 questions. One of them is can you use your cards with multiple devices? The answer was yes you just need to download the Tangem app on your new device and then scan your card I would hold onto the iPhone and make sure this works before you toss it. There’s really no way to import a Tangem wallet into anything else since there is no back up phrase so make sure the new device syncs up first.

[@josegiasson6058]

Great clip, I bought a BC Vault cold wallet, a few years ago. any comments on this wallet. My concern is that there is no seed phrase so if they go out of business, does that mean I loose my crypto?

[@CryptoDad]

You can always restore your seed phrase to a different wallet.

[@iftiali]

Excellent comparison video!

[@CryptoDad]

Thanks!

[@iftiali]

@@CryptoDad where do you put Arculus wallet in your assessment? I just got the trezor (great video on it also). I love how you break things down so simply.

[@fabiosapienza236]

I thin Safepal should be added to the mix. it is at the same level of Ellipal

[@chullotm1970]

Never change a winning team....nano x and LL for me!!

[@dongshengdi773]

The real winner is SafePal wallet
Owned by Binance
$50 only with screen and camera

[@willpower6720]

Uhhhhh. Your private keys can leave your device. Think about that.

[@TheTruthhasbeenspoken]

If you pay and opt in

[@willpower6720]

@@TheTruthhasbeenspoken
Nope. They can leave your device.
You don’t get it. 😟

[@TheTruthhasbeenspoken]

@@willpower6720 rubbish. Not ture

[@JTheo73]

What about D’cent cold wallet??
Good video 👍

[@albedoguardian875]

I’d chalk out trezor model one as it requires to enter pin on computer instead of device.? Thoughts?

[@CryptoDad]

Yes I have heard this argument. It does introduce risk when you are entering the pin from your computer due to key loggers and such. However, I think the combination of the keypad number showing on the device and the keypad on your computer screen showing blank key does obfuscate the pin entry. Also the pin is only for local access and the number position changes each time, so if someone came in and stole your device, whatever they recorded from your computer as far as your pin entry would be useless for the next entry.

[@jasonwblangley9956]

Hey Rex great vid thx for uploading it.
Question: if using the tandem wallet and i lose 2 of the 3 cards, could i just order a new set of 3 cards and transfer my funds from the 3rd back up wallet to the new set of wallets i ordered?

[@jeffho6244]

yes, that is what you will need to do

[@AndreAnyone]

Atomic wallet was just hacked a few weeks ago. And this clown is recommended it to people

[@debbieburnam4024]

Which cold wallet will allow me to download chain link, XDC, DAG and HBar? Wasn’t able to put those on Nano X.

[@lilbfrom094princeton8]

I have HBar and XDC on mines but I invested long ago. I downloaded the app onto the Ledger using Ledger Live. Same with Cardano which wasn’t available as an app but now it’s available. It can be confusing if I’m not sitting down w with you.

[@CryptoAffiliate]

Why Safepal cold wallet not included. It's good also.

[@IdentifyAsMu]

That's why I have not loaded up on IOST yet; don't like the wallets available. Alohas Rex.

[@nitrohanktoursamerica5047]

Neither Ledger or Trezor should be getting high marks in security.

[@CJC347]

This video was posted before the recent ledger news

[@thinkblue8089]

how many people have lost crypto on these hardware wallets?

[@sweetmoney4u]

​@@CJC34799⁹😂

[@pkavics9182]

Keystone or Ellipal Titan? What open open source vs closed source? Fas as I know, Ellipal Titan has a closed source firmware. Any thoughts on this please, wich one would be better selection?

[@boboleary6607]

I just bought an Ellipal. First moved vet on to it. Took hours for my tokens to appear. Next moved Stellar, three transactions, first two appear I'm still waiting for the third to show up 15 hours later. Plus their support is not good. I hope you didn't buy one.

[@pkavics9182]

@@boboleary6607 Thanks a lot for letting me know. Nope, I've decided to keep my Ledger for now. In the future, I will go with Keystone probably, as Ellipal is not open source, that's also a bit of red flag for me.

[@boboleary6607]

I recently bought an ellipal and I regret it. Sent stellar to the wallet in three transactions. the first two appear in the wallet, the third does not even after a day. I checked the block and the tokens are all there. Any idea how to get all my tokens off the block and into the wallet? Once I recover my tokens I'm done with the ellipal. Nice idea but this flaw is unacceptable. Thanks I hope you can help me.

[@CryptoDad]

Probably just going to have to wait a few days and see if that last transaction shows up. And then simply do an outgoing "send" if you want to empty out the wallet. Worst case scenario, you can take the backup phrase of the Ellipal and use it to restore a different wallet, such as a ledger or a Trezor. I'm assuming from there you'll have full access to all of the wallets that you generated using the Ellipal.

[@boboleary6607]

@@CryptoDad thank you for the reply I have have an old nano s I don’t use anymore. Perhaps Incan just use that to restore your he wallet. Appreciate you and your channel.

[@ruipedrovilarinho5560]

Thank you Dad!

[@AngelaMessengerGirl]

What if you still have access to the exchange, but you forgot to write you qrl down? (And thanks btw... You're the go to guy for sure!)

[@CryptoDad]

You should be able to log into your account and withdraw your crypto to your own wallet. If you’ve lost access to the exchange, you’ll need to contact their tech-support and provide some identifying documents so that they can reactivate your account.

[@kz687]

To me tangem was the best

[@dasshape00]

Atomic wallet is easy wallet to use. But im worried about it now.

[@Josh-py9rq]

Yeah do not use atomic soo many people have lost everything on that wallet. But the same could be said with metamask lol

[@TeleportlabsETH]

the stax worries me if it has an internet connection, idk but it looks like a phone.

[@2ndTim3_1-6]

Safepal not included Rex ? Ive been looking at getting one, not sure if it is a good one or not

[@pkavics9182]

The only issue with SafePal for me is the fact that it is not open source. Like Ledger. That's a rad flag for me.

[@goldeneagle8259]

@@pkavics9182 and so which one then?

[@qassimm8209]

thank you

[@briantse8887]

No SafePal ??

[@asteriskesque]

How does a user know FOR SURE that nobody at Tangem or Ballet saved a list of addresses and keys for the wallets they made? I'd give that kind of security an F. There's no way to be 100% sure nobody at the company kept the address and key for your card, and if you lose the cards your coins are gone. With a hardware wallet, especially an open source hardware wallet, you know the addresses and keys were generated on the device with no chance of malicious code sharing or stealing that info, and you can back up your seed in a safe so that even if the device gets lost, stolen or damaged, your crypto is secure and can be recovered.

[@AndreAnyone]

ATOMIC Wallet was just hacked like a month ago. Why is it in your thumb nail ?

[@legacysuite]

Choosing the right cryptocurrency wallet can be stressful for many investors, and we are glad to see comprehensive guides being offered to help in the decision-making process. With so many options available, it's essential to consider factors like security, functionality, ease of use, and affordability when selecting a wallet.
At Legacy Suite, we believe that by staying up-to-date with the latest market trends and understanding the unique needs of each client's investment portfolio, we can provide the best solutions for managing digital assets with confidence.

[@rickp7184]

Can you please help me getting unsupported xrp off of my coinbase wallet to xumm

[@CryptoDad]

How to Transfer XRP Using Destination Tags: ua-cam.com/video/FrhIvHJ7Oqs/v-deo.html
Hope this helps!😃

[@Ematuresco]

@@CryptoDad hi CD, where s the safest cold wallet, the Bitbox02 ? Greetings from Europe

[@jackielay6134]

Fees is too much

[@unsignedmusic]

The Ledger gets an “A” for security?!? It’s not open source and it has a backdoor!
“F”

[@jamesthompson3099]

No back door that anyone is aware of. If you are referring to the new recovery plan, that is not a backdoor. The only security problem was the government demanding the shards and Ledger having to collect them and turn them over. The government can also just come to your house and do the same thing so there's that.

[@unsignedmusic]

@@jamesthompson3099 Having the private key going of the device, in shards or not, is a backdoor. If the government came to my house for my private keys, they would have to torture it out of me.

[@simr1277]

Rabby wallet is a great alternative to metamask, Infact I would say it's far superior to it...

[@CryptoDad]

Thanks for that. Just checked out Rabby, looks cool. I should probably do a setup video for this wallet.

[@dongshengdi773]

​@@CryptoDad The real winner is SafePal wallet
Owned by Binance
$50 only with screen and camera

[@jeanbobbb]

After the Ledger horror I'm just gonna go throw it all back on an Exchange.

[@Tom-gf9js]

Muahahahaha …. 😂😂😂 yeah, me too !

[@Methuselah969V]

I hope that is a joke

[@Aaron-gm5tr]

This is definitely sarcasm 🤣🤣🤣 but the best kind!

[@Aaron-gm5tr]

but in all seriousness I just ordered a Trezor T... I'll hold on to the ledgers once they make there code open source and it passes multiple smell tests... but after this and the Davos group stuff I dunno....

[@DanielNeubauer]

@@Aaron-gm5trTrezor is not more secure unfortunately.

[@ziaul4u]

You forgot Safepal

[@unsignedmusic]

Ballet is just a paper wallet.

[@jamesthompson3099]

well, it's made of metal but it is a BIP-38 wallet and you can do that on paper if you want. You can also write down your private and public keys on aper and have the same thing.

[@lilbfrom094princeton8]

Ledger and Tangem wallets are the way to go. SD cards that require a pin are also a good solution if you know how to use them in storing phrases.

[@rudolfnn]

After #LedgerRecover I guess Ledger not anymore, Tangem it is now

[@lilbfrom094princeton8]

@Rudolf *Decent and Tangem wallets. I said Ledger but I meant Decent.

[@WillS-pl8wg]

In your opinion,what’s the easiest wallet to use,for non techies per:se?? Thanks in advance.

[@TennesseeEcoman]

@@rudolfnnwhat happens when tangem website shuts down then no app. How would u retrieve crypto with no keys to insert in new cold wallet? 🤔

[@goldeneagle8259]

@@TennesseeEcoman it's open source, somebody will make a new app to retrieve it.

[@Hmmm313]

JUST GET A LEDGER BOYS…

[@dongshengdi773]

The real winner is SafePal wallet
Owned by Binance
$50 only with screen and camera
Free shipping

[@TongueJedi]

This didn't age well

[@goldeneagle8259]

@@TongueJedi why? cos not open source?

[@TongueJedi]

@@goldeneagle8259 because they made your seed open source for themselves

[@secarr09]

No mention of the D'Cent wallet?

[@Curtchrisdagod]

These type of channels always leave D'cent wallet out.

[@lindamoorewolf6765]

@@Curtchrisdagod For what reason?

[@Hmmm313]

I HATE METAMASK…SOO CHEESY

[@ashtonal]

WhAt about Tangem? NFC is one of the easiest protocol to crack, how can they pretend it is super secure

[@jamesthompson3099]

Because the data being transmitted is securely encrypted. They do advise keeping the card in a NFC proof cover. You also have to be quite close to intercept the data and you shouldn't be using it in public.