KeepKey Review for Sports Betting
Cryptocurrency for Sports Betting
What is the KeepKey?
If you intend to use Bitcoin for sports gambling, you need to have a Bitcoin wallet.
Wallets are how you store your bitcoins. That’s how you keep them safe.
KeepKey was developed and launched in 2015. KeepKey is very user friendly and easy to use. Whether you are ready to purchase your first Bitcoin or are a crypto expert, you will find this device very simple and easy to use.
The cost to purchase a KeepKey device runs right around $99.00. We strongly suggest that whenever you are in the market for a KeepKey or any hardware wallet that will contain your Bitcoin and other cryptocurrency, you use extra caution in where you purchase your device. We suggest that you either purchase the device from the company's website or from Amazon. You should never, under any circumstances, purchase your KeepKey from eBay or any other used product auction site.
Getting Started with KeepKey
When you make the decision to purchase the keep key and you take the device home, prior to on unboxing the device you will want to make sure that you check all of the seals on the box. If the seal appears to be tampered with or manipulated in any way, immediately contact the company and request a new device.
Once you open the box, you will find the KeepKey hardware wallet, a USB cable and leather case to hold your KeepKey in and a card to hold your passkey. You will want to write down your recovery passkey down on this paper and store it in a safe place where only you have access to it.
It is very simple to get started with the KeepKey. Simply plug in the device to the USB cord and connect the USB to your computer or PC. Once you plug in the device to the computer/PC, you will be required to download two applications. These applications are chrome applications that help you connect your wallet to the KeepKey and helps you generate a wallet.
Benefits of the KeepKey
One of the biggest benefits of the KeepKey is the fact that out of all the hardware wallets available on the market, KeepKey is one of the most secure. The device itself has a digital screen and a metal body, making it a much more durable device. When you feel the KeepKey compared to other devices such as the Ledger Nano S and the TREZOR, you will undoubtedly feel a major difference in durability.
Another great benefit of the KeepKey is the fact that if you lose, damage or have your device stolen, all of your information and seeds can be recovered on the Google Chrome extension. This will give you the peace of mind in knowing that no one else will ever have access to your seed and therefore never being able to access your Bitcoin and cryptocurrency.
Negatives of the KeepKey
One of the negatives that are mentioned from time to time with the KeepKey is the fact that it is developed from a new company and needs more time in the industry. There really isn't much long-term research that is able to be conducted on the company because they've only been around since 2015.
Another negative that sometimes gets mentioned is the fact that the KeepKey is not as small and not as mobile as the Ledger Nano S and the TREZOR. Some people like the fact that those other devices are more portable but the reality is we aren’t talking about something that is large or unable to throw in a laptop case.
With that being said, these types of devices are used for storing large quantities of cryptocurrency so it wouldn’t make sense to carry it around in your pocket anyways. These are best left in a safe or a secure location in your home and not carried outside where they can possibly be damaged or misplaced.
Overall Conclusions of the KeepKey
This is a really nice product for anyone looking to store large amounts of cryptocurrency. The device uses very unique options to keep your information secure and for just under $100, you really can’t argue with the value in the product. The usability of the product is fairly simple. Anyone that can operate a basic mobile phone, can use this product. The developer has made the item very user friendly and simple enough for the most inexperienced technologically inclined person’s in the world to use! Overall, this is a very nice product and one that we strongly recommend for anyone with a significant amount of cryptocurrency.