Ellipal CryptoCurrency Hardware Wallet Reviewed

By @Simon Cocking review of Ellipal CryptoCurrency Hardware Wallet

ELLIPAL operates offline, eliminating the potential for network attacks. User can store their private key in the cold wallet by importing or creating it. The private key will never touch the internet.

There is a lot to like about this new cryptowallet from Ellipal. It is well put together, has a durable feel to it, looks nice, has a good interface, and is less fiddly than perhaps the Trezor. It also doesn’t need to be hooked up to laptop to use it. It does currently have a limited range of coins which you can trade with, but their security does seem to be well provided for. In speaking with the manufacturers they also said that they are adding new coins every month also. That said we have been in an ongoing dialogue with them about how to add ERC20 tokens. With the misguided confidence of a tech heavy developer they have assured us that this is super easy to do, but every time we have asked for specific details we have been told ‘you just add them’. If their customer service mirrors this approach then they will lose a lot of good will very quickly.

Overall we like it, we think it has good potential, but equally ironing out the small wrinkles will help to aid wider adoption faster, in our humble opinion. Below are their technical specifications for the product.

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?Totally Internet Isolated Storage?ELLIPAL hardware wallet is a totally internet isolated hardware, It blocks all attempts that try to connect it to a network and keeps your private keys and cryptocurrency secure. Stop any hacking attempts and only allow you to access It. No Wi-Fi, no 4G, no Bluetooth and no USB, ELLIPAL cold wallet provides you a safe and reliable storage solution for your assets. Requires no physical connection, making it impossible to steal from ELLIPAL

?Support Multiple Cryptocurrencies?ELLIPAL has already supported following cryptocurrencies: BTC XRP ETH XLM USDT LTC BCH TRX BNB DASH ETC DOGE MKR BTG OMG BAT ZRX ZIL DGB ICX GUSD AE QKC CMT BTX PTN, and All ERC20 tokens (needed to be upgraded to 1.7 version). And ELLIPAL will support more and more cryptos in the near future

?Auto-wiping & Fast Recovery?have you worried about the assets security If this hardware lost? ELLIPAL Features auto-wiping that will clear all data while the wallet detects any security breach. All your data can be simply restored on another ELLIPAL device by using the 12-word mnemonics. No more worry about the potential risk of hardware lost

?Android & iOS APP?ELLIPAL works seamlessly with its companion app allowing you to manage your accounts, connect to exchanges through your smartphone and keeps you updated with real-time market information. This one-stop app increases operation convenience without sacrificing security, every transaction initiated by the app would require a 2-step verification process with the cold wallet

?User-friendly Large Touchscreen?ELLIPAL cold wallet has a 4″ Inch touchscreen which ensures you to manage and exchange your assets manually and visually. With larger touchscreen, you don’t need to repeat the annoying steps, No more misoperation happens again. All data exchange process is under your full awareness and total control

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