🚨 Unfortunately Trezor has discontinued our main discount code. Please use our link to view the latest discounts on the Safe 3: LINK: trezor.io/trezor-safe-3?transaction_id=102e219fe8905a139e43116daf9b7c&offer_id=169&affiliate_id=10648 Thank you, Alex
@@Keags187 You would not lose your crypto. Crypto isn’t stored in your wallet, it’s stored on the blockchain. Your wallet holds your private key which is used to access your address on the blockchain. This is true for any self custodial wallet (hot and cold). As long as you have your seed phrase you have access to your crypto. - Alex
Just found your channel. Clear, concise, unbiased information given calmly without all the drama. So thank you, I have subscribed. 👍 (plus, you answered my question/comment below, very quickly.
This was a great video! Some awesome wallets I did not know about. Been a Ledger lover for the past years, they have failed too many times and just picked up a Trezor Safe 3. I like the OneKey Classic and BCVAULT too they look cool! Subbed, cheers!
@@cyberscrillahey man, could you explain whether the Keystone 3 pro could experience the same fate like what just happened to Ledger? Since you said in your video with Keystone we MUST connect it to hot wallet(s)
@@randyra88 what happened with ledger did not directly affect their wallets. It affected decentralized applications. Any wallet is susceptible to that if you connect your wallet to a malicious website. To answer your question, the hot wallet integration DOES NOT affect security of the K3P. Your keys are still stored on the Keystone device (not in the hot wallets).
@@cyberscrilla i watched several of the videos. Seems like you wouldn't recommend Ledger, is it fair to say so? right now I am a bit divided because on one hand Ledger has failed so many times that I want to move away from it, but it still offers the easiest way to stake Solana in my experience : it can stake Solana directly from the native app Ledger Live, without having to connect to external hot wallet. But do you know other hardware wallet that offer this much ease in staking Solana? Much appreciated my man.
@@cyberscrilla not tangem imo, their app is a pretty big attack vector as you don't 100% know what you're confirming your key with, while with Keystone, the most secure wallet also can view transactions.
tangem 2 is simpliest, fit in regular wallet, yet secure enough, no batteries, cables, just a cell phone and internet connection what else could user need!?
Excellent report. Personally, I avoid wallets that have a battery, since they fail sooner or later (I've had a few MP3 players and smart bracelets fail after 5 to 8 years due to the battery). I'm trying to decide between the Tangem (25+ years sounds good, plus easy to hide the backup cards) and the Trezor Safe 3 (Shamir backup & secure chip are a big plus over the Model One).
@anticharlaton5823 Thank you! And that’s fair. Fortunately even if a wallet battery fails you can still recover your crypto using the seed phrase. Some wallets will still continue to work even once the battery fails (just have to plug it in). But I’m with you. Less hardware to potentially fail the better. If you’re looking for convenience and basic security go with Tangem. If you want additional security options and open source code, go with Trezor. - Alex
I wish tandem would change that thing on the screen where they said tap the card it took me like 15 minutes to get that thing together because I was tapping they should say hold the card to the back of the phone it will not work if you tap
I am new in crypto, and I have been studying the wallets for the last few days. Pretty much in all the hardware wallets, the private key is in the secure chip, but in order to approve the transaction, the operating system of the wallet must interact with the secure chip to process the approval, that mean the wallet os can reach the private key and I think since the OS is developed by the wallet company if they want they can see the seed phrase with the help of OS. Now, if you say it requires your approval, I mean it's not a big deal to get it, I mean, if they want, they can do a firmware update and during the process you approve the update the wallet company "if they want ofcourse" can retrieve the seed phrase. So, there is a level of trust in all wallets.
You’re right. There’s always at least some level of trust. This is why many prefer open source firmware/hardware over closed source. That way we know for sure there are no vulnerabilities or backdoors. - Alex
@cyberscrilla thank you for the reply! So, with the open source code, the vendor can't retrieve the seed phrase from the device if they want to? If yes, could you please tell how.
@dynamicroutes all open source code does is allows anyone to view the code. Therefore if there was some kind of backdoor that allowed the manufacturer to export your private key, the general public could see it
I'm confused. You stated that the One Key Classic and Touch are exactly the same, except the Touch is larger and more premium, then you said that you prefer the Classic because it secures your crypto. That statement makes it sound like the Touch does not. I can no longer trust that review.
You misunderstood me. They function the same & have the same security. Obviously they look different (screen vs touch). What I said is I prefer a wallet that simply secures my crypto (which they both do), BUT I don’t need the fancier version to do the same job as the more affordable option
Why is Tangem mentioned and reviewed so much lately but no one mentions Arculus anymore? Arculus was here first. Is this about hype? Or quality safety and security?
Hey brother, thank you for this video. I'm curious your view on 2 things. -First, I bought BC Vault a few years back after hearing glowing reviews on it. Now when I check people's top choices for wallets, NO ONE is mentioning BC Vault anymore. Your vid is the only one I can find that does. Why do you think that is? The only sense I can make is, BC Vault isn't padding people's pockets like other brands so "influencers" aren't being bought off? -Also... Is it good to have multiple wallets for safety / redundancy? I hear some people do but no one talks about why they have multiples. If yes, should I get another BC Vault, or a different brand (like Trezor Safe 3)? Or does it even matter? Thanks again man, subbed!
Thanks for watching! Honestly, I think BCvault isn’t as user friendly as other wallets mainly due to its sd card/paper qr backup method which is untraditional in the hardware wallet industry. Assuming another brand of wallet fits your needs (coin support, security, compatibility, etc) I think it’s worth trying another brand of wallet. You might like it. And yes, it’s not a bad idea to diversify funds across various wallets.
@@cyberscrillaI just have one question which some people raise. It’s not a concern right that my cold wallet doesn’t have a screen to verify the address?
@@tihanhaider9811 this can be a concern. But if you are using the official Tangem app, the risk of compromise is removed. Tangem advises users to prioritize their digital hygiene by maintaining a secure device environment, running the most up-to-date version of their mobile device's OS, and downloading apps only from official sources. The official Tangem app is open-source and its code is available on GitHub. This means anyone can check it out and verify that there is no backdoors and vulnerabilities, if they have some basic tech-knowledge of course. Appart from that, both Tangem app and Tangem firmware of the cards were audited by 2 most reputable audit companies - Kudelski Security and Riscure (this once was released just few days ago btw), which proves that there is no risk for attacks and backdors for Tangem Wallet.
All my reviews are unbiased and my own. I can say whatever I want about any wallet as I am not “sponsored” by anyone. I receive most the wallets I review for free. But again, these are my own thoughts and opinions and my HONEST list of the best cold wallets I put A LOT of thought into this list I made. I’ve been thinking about it for months actually. - Alex
Question about the Keystone 3.. if there is hot wallet connectivity with the device… how safe it really is?! Because metamask is known for its bad security problems… and my other question is … can we use OKX if it’s banned in our country? Thanks for those great videos!
The K3P still secures your private key and is needed to approved transactions. So it’s completely secure. The hot wallets are only used to initiate transactions. Nothing more. And no, if a wallet is banned in your country you can’t use it. - Alex
in regards to the BC Vault, and that it supports any crypto imaginable that is out, can you tell me if every crypto that is out for sale has a network to transfer it on? I have noticed that some cryptos on Uphold as an example, do not have any network to transfer out on should you buy it. Are you able to buy and sell crypto on that BC Vault wallet for those situations? And yes, I have limited knowledge about this, but do want to buy a cold wallet that allows me to not only store crypto on, but also buy, sell and stake as well. Do any in this top 5 list meet those requirements? So often i hear people say that they allowed blind transactions on their device and somehow their crypto came up missing. Can you explain this in a future video as well? Thanks and just joined your videos.
This was a comment that I hoped to see. Three weeks ago, I converted BTC to ETH on my Ledger Desktop Live using their "swap" CIC function, and I definitely made sure I had followed all steps carefully as I have owning the Ledger Nano-X device for months now. I was hacked six hours later from receiving my ETH off the swap, nearly $3,000 gone. I had always been extremely careful never to expose my seed phrase, kept everything securely offline, I don't believe that I had "blind-signed" anything, and yet Ledger Support was of no use. So now, I too am shopping around for other cold wallet options and seem geared towards both Tangem and Keystone 3 Pro, before cleaning up and resetting my Ledger Nano-X device completely. I am searching for a cold wallet as a "third base" solely to send, receive and storage ---- never having it connected to any website as possible. I so am glad to had came across this video review, it gave me some ideas to consider even though I am willing to take some extra steps in the name of SECURITY!! Thanks! @cyberscrilla 😎👍
Can you please always disclose where each wallet is manufactured. It’s worth considering the impact of potential bad actors if you hold substantial worth on wallets
Im new to all these crypto stuff but your videos sure did enlighten me. Just wanted ur take between tangem and the trezor safe 3. Which is best of these 2 cus i cant decide. Thanks alot
Thanks! And it’s hard to say because best is subjective depending on your needs and experience. Tangem is more user-friendly and supports more tokens. But it is a mobile-only wallet and offers less security feature than the Safe 3. The safe 3 is mainly a desktop wallet, but it’s still fairly easy to use. But it supports less networks/tokens. I use my Tangem wallet more often. But, the Safe 3 is one of my go-to wallets for holding my long term investments I don’t access as much.
hello, first i want to thank you for the video, it's quite useful. I am a newbie here, I am thinking of having only BTC mostly for storage. Which wallet do you recommend? I know you mention it's complicated, but I am somehow leaning toward BCVault
If you’re a newbie I’d recommend the Trezor Safe 3. You can download the Bitcoin-only firmware on the device offered directly from Trezor. The reason I recommend the safe 3 is because it’s very user friendly. BCVault is good, but a bit more complicated - Alex
@MrSwaggerking13 for me, there have been too many red flags and mistakes on their end that have put their customers at risk. I talk more about it in this video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YekyEj8TUAM.htmlsi=9cbwOxb7GU25MTg8
Trezor Model T also allowed for the 25th word or the pass phrase so you can have a regular wallet with the 24 words and another wallet with the extra pass phrase.
I have the BC vault for a few years...I found it ...BY FAR .. the easiest to use, especially as I have large hands and the other ones are infuriatingly small...but I am a little sus. on restoring using the QR code
With closed source / not verifiable apps you put trust again on someone else, you don't keep it yourself as a proper cold wallet should do... You should highlight more this feature...
You’re always trusting someone unless you yourself are a developer and can read code. Open source? Great. Can you read code and confirm it’s safe? No? Then you’re trusting someone else to confirm that for you. Many of these wallets have been audited by third party security companies. Also, many of them are majority open source anyways.
Hi, I really pray you see this and reply. Please which cold wallet is the best when it comes to saving of USDT ONLY amongst others regardless of the price.
Hey Janet. Best is subjective. What are you looking for in a wallet exactly? Personally, I believe security and user-friendliness are the two most important factors when choosing a hardware wallet. Also, which network is the USDT on that you want to store? It’s important to confirm the wallet you buy supports the network you use. Personally I’d use Trezor Safe 3. OR if you’re completely new to wallets and aren’t super tech savvy, I’d go with Tangem. Happy to help if you have any more questions. - Alex
It could be a computer issue or maybe you need to update the app? I haven’t experienced that personally. Safe 3 and BCVault are two COMPLETELY different wallets. I only recommend BCVAULT for advanced users. Safe 3 is more user friendly in my experience - Alex
Also the bc ... The main coins are ok to manage . But if you safe erc 20 or solana ecosystem tokens then gets shitty. Balances do not show sometimes ...and transactions get stuck if you want to take coins out of the wallet
I have been buying BTC through PayPal. I am just learning about these "cold wallets". Once I get a wallet is there a way to get my BTC off PayPal and on to my cold wallet? Thanks! Also, I am gathering by the comments that I should stay away fro Ledger . . . am I reading that right? Thanks again.
Please get your BTC off PayPal asap! You can do so by following their steps: 1. Go to the Finances tab. 2. Tap your crypto balance. 3. Tap the transfer arrows. 4. Tap Send. 5. Select the contact you want to send crypto to. 6. You'll need to enter an external crypto address if you want to transfer cryptocurrency out of your account (your wallet’s public BTC address) And correct, stay away from Ledger. For Bitcoin is probably go with Trezor considering it’s your first wallet.
I really like the security of the bc vault, I currently have xumm tangem cards for xrp and they work great but looking to get another device other than ellipal or ledger!
I’ll make a video when there’s something to talk about besides speculation. I’ve been accumulating more during these dips personally. A lot more. Don’t worry I’ll keep everyone posted as more official developments are released
Bc vault was a good wallet to me .... 2 + years and still kicking.... But i will not use it anymore. With no seed phrase you are forced to have extra device in order to get to your private keys
I am planning to store them on a cold wallet..but how long does it take to transfer coins from the cold wallet back into an exchange if I want to sell them urgently, owing to a sudden short lived spike? Is it possible for the transfer to take long and can we possibly lose money if the spike is short lived? and we can't get the coins on exchange before time
Crypto transfers occur in a matter of seconds in most cases. And you don’t have to get tokens on an exchange to take profit. You can use use a DEX to convert to a stable coin, then transfer whenever you want
Back when I made this video, I wasn’t recommending Ledger because of various concerns. However, after some research, I came to my own conclusion that these weren’t so much concerns as it was misinformation. I just posted a video covering these concerns and the truth if you’re interested: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-gQB0by9NDh8.htmlsi=pjHGHNG0ov2w3TJ7
Some do. Some don’t. Most wallets that utilize an EAL certified chip are using an NDA secure element, so that part of the wallet is closed source. But something like the Trezor Safe 3 and Safe 5 use a non-NDA EAL secure element enabling them to remain 100% open source.
I am a total newbie and own no crypto, i decided a good idea to buy some bitcoin when it was $8,000+ but had no wallet or idea how to buy any, so your video is awesome, and I will buy a Trezor for my cold wallet now. Q can you buy Tangem wallet and use it as your daily transaction hot wallet in a store accepting bitcoin as payments ( thinking of future), and Trezor as your storage hot wallet? Your video includes Tangem as 1 of 5 best cold wallets. Sorry if this is a dumb question…
Thanks for watching. A couple things. 1. You should have one main wallet to use for cold storage. This wallet should never be used to connect to anything like dapps. Only hold, send, and receive crypto in it. Trezor would work great for this. 2. Have a separate burner wallet you use to interact online (this could be a hot or cold wallet) that doesn’t have a lot of your crypto stored on it. Just whatever you need to transact. 3. Tangem can’t be used to buy stuff at a store. They have partnered with Visa to release such a wallet, but it won’t come out until 2025 (maybe). I suggest watching this video that helps explain how to properly store your crypto. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-fnGT4U0cQ80.htmlsi=zt5y_PXOxpt6VfuP - Alex
Depends on your wants. Trezor Safe 3 is more user friendly (and plenty secure). Keystone 3 Pro is less user friendly but offers more security features if you want those (3 secure elements, air gap mode etc) Both are secure options though. - Alex
Up to you. I’d research best security practices for phones. Also, this video might help a bit: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-QdHRELwzCAk.htmlsi=qBoU_VtusGBA3omk
Transaction fees are set by the blockchain network and depends on its congestion at the time of the transaction. It has nothing to do with the wallet you use
Trezor one is good but it does lack some key features the Safe 3 offers (secure element chip and the ability to enter your passphrase on the device) The Safe 3 is only $10 more than the Model One though. If you use our discount code “CYBERSCRILLA” you’ll get 8% off too. Otherwise, Model One is great - Alex
The only wallet I know of that’s made in the US is Arculus. I’m not a huge fan of them. I’d much rather use Tangem or even Onekey myself. Ton of token support including SOL
@rockysivilay the main issue is they lied about being able to extract the seed phrase. And since they are closed source, it’s a risk trusting anything they say now.
I have question,since the majority of these chips that are in these hardware wallets and cards are made in china could there be a hidden code or software on these wallets or would open source wallets show hidden technology coding within these wallets from China or other countries?
Tangem nor anyone else would be able to give you access to your crypto. They could simply provide you with new cards. Tangem recommends transferring assets to a new wallet if you only have 1 card left for example. Personally, i recommend always choosing the seed phrase option so you don’t have to worry so much about losing access to crypto
just got the jade have not put anything on it yet testing things getting used to it.....i noticed it has a battery in it so if i put it in a place for 10 years the battery will go bad and destroy it unlike my nano s that has no battery i know they all need updates i am tired of ledger now with yet another hack....i dont want to use the qr code air gap i dont like the idea of a house fire buring the qr code etc
Jade is great for storing Bitcoin. As far as the battery goes. As long as you have your recovery phrase you don’t have to worry about losing your funds at least. But like you said, it’s nice not having to worry about your battery falling nonetheless. Also, Tangem does not require updates. You only have to update the app ;) Glad you got out of Ledger. - Alex
@@Tonytrades1 All wallets use third parties for buying/selling/swapping. There’s no way around that. Cold wallets are self custodial-meaning you are your own bank. So if you want to buy/sell/swap you need to use a platform that provides those services-which is exactly what Tangem and other cold wallets provide.
@@cyberscrilla I got another question my bro. Does Apple Pay charge u to buy crypto on Tangem? For some reason the debit card isn’t working and I already contacted my bank to notify and they say they don’t suppose crypto purchases with the Visa card they only accept through bank transfer but Tangem doesn’t allow that method.
Keystone 3 Pro has an internal battery. It also has 3 secure elements (Pro has 1). And the 3 Pro supports using 3 seed phrases on one device. And the 3 Pro has the first PCI Level anti tamper mechanism. But if you’re happy with the old Pro, it’s still completely safe to use.
@cyberscrilla So do you think the Pro 1 is risky to hold my coins long term? I've kept my BTC and ETH in there for 3 years. I haven't even checked to see if they're still in there for over a year lol
Hoping you can help. I have my crypto in a ledger and it’s time to get something more secure. I’m looking for something that there is no way for anyone to get access even if the U.S. government tries to create laws to ban crypto they wouldn’t have access. What would be the most secure wallet? GREATLY APPRECIATED IF YOU COULD ANSWER
No. Most modern phones have NFC built in. If you want a wallet similar to Tangem but with its own NFC reader, checkout Cypherock. Here’s a video: Cypherock X1 Wallet: Better Than You Think! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-KiHZIrG4bdk.html
Dumb question: Is Crypto not protected from hacking on Robinhood, Coin Base, or Gemini? Sorry, but I am a newbie. Primarily thinking about amounts under $100,000
Quick Share is not NFC. You need an NFC compatible phone for Tangem. If you have a desktop computer I suggest you check out Cypherock. Similar to Tangem but comes with its own NFC compatible device. Here’s my review: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-KiHZIrG4bdk.htmlsi=HfjGB7_eEF1j0g_E
Well that’s the case for all cold wallets, at least storing the private key on the device. That’s what makes cold wallets secure. You can still export the raw private key from your BCVault wallet, but the app will just mark that wallet as not secure (which is purely a cosmetic marker it doesnt change the functionality of the wallet).
Thanks for clarifying that. When you say the app will mark that wallet what does that actually mean? If I revealed the keys would that compromise the security of the device?@@cyberscrilla
When you say the app will mark the wallet as not secure, what does that actually mean? Will the device be any less secure for revealing the keys?@@cyberscrilla
