SecuX Crypto Hardware Wallet V20: Is It a Safe Way to Store Bitcoin and Altcoins?
No need to hurry. So, before getting into detail about SecuX crypto hardware wallet, let's understand what a cryptocurrency wallet is, just in case you didn't know.
The cryptocurrency investors are wholly responsible for securing their funds. Therefore, like any other bank account, a crypto wallet helps you to monitor your balance, receive as well as make payments, and have all your transactions in one place.
Why is a Cryptocurrency Wallet Important?
For most (if not all) traders and investors, secure storage of the cryptocurrencies is an issue with great concern. It's evident that the past two years or so have seen several cryptocurrency trading activities expanding the market to millions of dollars.
As much as the increase is good news, the dark side is the fact that a plethora of malevolent actors have been attracted too. Because of that, several incidents have been reported of exchanges and wallets being hacked.
Best Among the Best
Cryptocurrency wallets are the best way to secure your cryptos. However, there's a plethora of them available that include software, hardware, and paper wallets. All the categories have their subsequent types, but the SecuX crypto Hardware wallet V20 comes at the top of the list.
All you need to Know about SecuX Crypto Hardware Wallet V20
SecuX have a new wallet, the cylindrical V20, which is rising and in battle with likes of Ledger Nano S. But what does it offer?
SecuX wallet is a product developed by Taiwanese developers from different tech industries. The fact that it resulted from various tech industries makes it an excellent option.
V20 is placed with a CC EAL 5+ Certified Security Element (SE) which always ensures that stored private keys, as well as the device PIN code, are perfectly protected against any form of cyber attack. Other significant security features include:
- Pre-installed tamper-resistant firmware as well as an upgrade system
- Physical confirmation for every transaction
- A one-time password or custom PIN code for controlling device access or the wallet apps
- Anti-tamper packaging
- Randomized digital keyboard for preventing consequences of keystrokes
Also, the wallet complies with the BIP32, BIP39 and BIP44 standards which allow the user to generate passwords of 12, 18 and 24 words for funds recovery.
The wallet supports devices which run Windows, Linux, iOS, Mac OS, and Android. It also has a USB-C connection as well as a Bluetooth 4.2 connection for your smartphone.
The wallet has a cylindrical shape, and in overall it's much more extensive, compared to Nano X for instance. Furthermore, it features a 2.8-inch color touchscreen as well as a rubber-based aluminum frame which increases the robustness.
The wallet supports some cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, and ERC-20 at the moment and promises to support even more moving forward.
The SecuX wallet V20 is available currently for a price of $149. Other notable features that make the wallet excellent are an embedded rechargeable lithium polymer battery 600mAh as well as a reset button.
There are several cryptocurrency wallets that you can choose from, but it all comes down to what you prefer.