BitFreezer is a hardware crypto wallet with three layers of security. Find out how it protects your digital assets today in our review.
What Is BitFreezer?
BitFreezer, found online at BitFreezer.us, is a hardware crypto wallet that promises to help anyone “freeze their assets”.
The wallet is priced at $49 USD from the official website. You can order it from Amazon (although it’s currently listed for $130 on Amazon, for whatever reason).
Like other cold wallets, BitFreezer has no permanent connection to the internet. It’s designed to protect your crypto funds over a long period of time – like for hodlers.
BitFreezer also encrypts and transmits all data over the Tor Circuit network for extra security – so even when you do need to connect your wallet to the internet, your data won’t be compromised.
The device consists of a USB stick that plugs into any computer, then boots a custom OS. You connect to the internet through that OS. The OS has a built-in Tor browser for maximum security. BitFreezer was announced in February 2018.
BitFreezer offers all of the following core features:
- Supports bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), ERC20 tokens, NEO, and NEP-5 tokens
- New token support is added on a regular basis
- Four layers of protection leads to “unprecedented security”
- Each wallet comes with the BitFreezer wallet itself, an encryption guide, and detailed instructions
- You’ll get a 1 BTC prize if your wallet gets hacked while complying with all BitFreezer guidelines
- Compatible with Mac OS, Windows, and Linux
- Easy to use – just plug in, boot, and enjoy powerful crypto security
How BitFreezer Hardware Cryptocurrency Coin Wallet Works
BitFreezer is a cold wallet. That means it does not have a permanent or consistent connection to the internet. There’s an “air gap” between your cryptocurrency funds and any bad actors or malware lurking online.
Of course, there are plenty of other cold storage wallets available today – so what makes BitFreezer different?
BitFreezer distinguishes itself from the competition by the fact that it’s a USB stick containing its own secure operating system. That operating system is designed solely for interacting with your wallet addresses. You insert the USB stick into any ordinary USB slot, then boot your system directly off that USB stick. You use your wallet as required through that operating system, then return to using your normal operating system.
In other words, BitFreezer launches its entire operating system from its USB stick. That OS is ultra-secure and designed specifically to access your cryptocurrencies. There’s no need to worry about vulnerabilities or malware in Mac OS, Windows, or Linux because you’re not running Mac OS, Windows, or Linux.
Another unique thing about BitFreezer is its low cost. Other popular wallets like Trezor and the Ledger Nano S are priced at $100 and up. How can BitFreezer offer high security at $49? Well, the company’s product consists of a straightforward USB drive that runs an ultra-secure OS. BitFreezer also claims to use European components instead of lower-priced Chinese components. Plus, all BitFreezers are assembled in-house – so despite the low price tag, BitFreezer hasn’t compromised security.
BitFreezer currently supports most major cryptocurrencies, including bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, Ripple, and NEO. The wallet also supports hundreds of other options by supporting the ERC20 token standard (for Ethereum) and the NEP-5 token standard (for NEO).
BitFreezer Core Functions
Some of the core functions of BitFreezer include:
No Permanent Internet Connection:
The custom BitFreezer OS is closed from external interference. It can safely work with an internet connection while providing high-end security. Meanwhile, when your USB wallet is disconnected from the computer, your BitFreezer and the funds inside remain totally disconnected from the internet.
Supports The Majority Of Operating Systems:
BitFreezer supports the majority of popular operating systems and computers. You plug in the USB stick, then wait for the custom OS to boot, which usually takes 2 to 7 minutes.
BitFreezer supports all of the funds listed above, including all major cryptocurrencies along with all ERC20 and NEP-5 tokens.
The BitFreezer wallet boots as an independent operating system. Network security is provided over the TOR Onion Circuit.
Three Layers Of Protection + Seed Encryption:
BitFreezer claims to have four layers of protection, including three layers of protection technologies as well as seed encryption. You get a hacking proof operating system, network protection via Tor, login protection via the Google Authenticator app (in case your BitFreezer device is physically stolen), and physical encryption protection via your seed phrase and recovery code.
How To Use BitFreezer
Here’s the step-by-step process you can use to access cryptocurrency funds through BitFreezer:
- Step 1) Insert your BitFreezer into your computer
- Step 2) Select the device as a boot option
- Step 3) Wait 2 to 7 minutes for the operating system to load
- Step 4) Start up your BitFreezer wallet and safely access your crypto
BitFreezer is priced at $49 USD from the official website, plus shipping.
You can pay using credit cards and PayPal (the company does not accept cryptocurrencies).
Your purchase includes the wallet, an encryption guide, and an instruction manual. You’re also fully entitled to customer support. And, you’re eligible for the 1 BTC prize if your wallet gets hacked while using the device according to instructions.
BitFreezer is also available to order from Amazon.com, although as of May 9, 2018, the price on Amazon is unusually higher than the price on the official website ($130).
Who’s Behind BitFreezer?
BitFreezer was made by a company called PromiseMe LLC. The US-based company was formed in 2017. PromiseMe LLC announced their wallet in February 2018.
BitFreezer is a cold storage wallet that uses a unique security system to protect your crypto funds. BitFreezer consists of a USB drive that you can plug into any computer. That USB drive boots a custom operating system every time you need to access your crypto funds.
To learn more about BitFreezer or to buy today, visit online at BitFreezer.us