Indestructible Cold Wallet Backup, Silver, RFID Protected, Bi-Fold, Minimalist, Adults, Unisex, Alloy Steel, Wallet, Accessory

The item description is not accurate. This is not a"Cryptocurrency Steel Wallet". The function of this item is limited to one use, and one use only (and that is a very important use...read on).When you buy/sell cryptocurrency on an exchange such as Coinbase, then your assets are held for a short period of time and then released to you. These assets should never be left in storage on your exchange. Instead, your investment should be sent to a device that is not accessible via the internet. The preferred method of accomplishing this degree of security is to send your coins/crypto assets to an offline device known as a hardware wallet. I use a Trezor Model T hardware wallet myself.Each hardware wallet requires a PIN in order to transfer coins/crypto in and out of your exchange. Since the hardware wallet is not physically connected to the internet (much like a thumb drive) then the only way for someone to steal your assets would be for them to physically steal your hardware wallet, and then somehow hack your PIN in order to gain access.Your fail safe if your hardware wallet is lost or stolen is what is known as a recovery seed and that is where this backup device comes into play. You can store your recovery seed on this item which is essentially an indestructible steel plate that looks like it could withstand an atomic bomb blast. If your Trezor, or other hardware wallet, is lost or stolen, then all you need to do to recover your assets is buy a new hardware wallet and enter your recovery seed into the device in order to recover your funds.Your recovery seed is extremely important, you can lose your wallet without losing the funds stored there as long as you have your recovery seed. IF, on the other hand, you lose your recovery seed, then you can lose every last dime that is stored in your hardware wallet. That is why this extremely robust and simple storage device is available to store your seed. I recommend that you still store this device in a locking fire safe. I also recommend that you keep a back-up paper copy of your recovery seed at a secure alternate site.Good luck with your Crypto investments!Jimmy

This is perfect for storing your private pass keys. It’s simple an indestructible backup of pen and paper private keys. When setting up a cold wallet such as a Ledger Nano X or a Trevor Model T, you write down the private keys on paper or a card. When setting up a cold wallets you write down up to 24 private keys or 24 words on paper. Paper is easily destroyed. With the Steelwallet you put the keys into this stainless steel device. The instructions are great and easily to understand. There are videos you can also watch on YouTube. We only use the first 4 letter at the most for each of the 24 words. On 3 letter words there are blank fillet tiles. There are plenty of tiles. One of the most common tile is the “A/E” tile. I had probably 16 tiles left over when I was finished putting all 24 words into this SteelWallet. Each tile has 2 sided so you can flip over the “A” to use as an “E”.

There are two main structures to a cold storage steel wallet: The body and the letter tiles.For those that don't know: You use the letter tiles to store your password/passphrase/secret words/security key, by arranging them in the body--which locks the tiles in place. Thus your secret is kept physically safe because it is strong, fire proof (being 100% metal) and water proofThe body is very well constructed and feels just like the "original."The letter tiles are stamped instead of laser engraved. This causes two key differences. A) the letter tiles are actually easier to read. B) The letter tiles are a bit curved because of them being stamped.So, while the original looks much better in appearance because each tile is uniform, the stamped tiles in this set look a bit haphazard when it is completed. It only looks that way. It is still very strong and nothing is loose.I also like the fact that the tiles come individual in a plastic container and not as part of a punch-out card. Pushing each tile out of a punch-out card made of metal took some effort. Arranging the tiles in this body was easier.

This is really a study and safe way to keep your seed phrase to your wallet.The downside is that it's tedious to setup and I feel the unit should be about twice the size. My fingers ached after going through the process.I'm old enough that I learned how to set type in high school graphics class. This really reminds me of that. Yes the old news paper type where you select types from a bin and to be fast you had to memorize the layout of the entire alphabet. Theres no need to memorize anything here, but you have to keep referring to the box for each and every letter to find the tiny letter types or squares.Once it's setup though, it's forever. I just wish it was bigger. Twice as big.Oh - and the review where people complain that not enough space is available? Well you ONLY use the first 4 letters of each word. The fifth and beyond letter are unnecessary as the first 4 are always unique. The instructions should emphasis this.So YES there is enough space for a 24 word seed.

Everything works as intended and is good out of the box.Let me give you some info I wish I had known when I bought it that I either missed or was not easy to find in reviews/elsewhere.1. the tiles you slide in are two sided. So if you were intending to use the back of the tiles for something (like hidden code or ordering of the tiles before you slide them in, this will not work).2. The mechanism keeping the tiles in place is good. There's 2 mechanisms in fact, one is a screw that locks it and the other is a pressure based mechanism (almost like a spring lock) that you have to disengage to open it even if the screw is unlocked.3. It's heavier than expected. If you were going to tape this somewhere, you might need stronger tape than you thought.4. You can always solder the mechanism closed to absolutely prevent it from opening. (which I did).