KeepKey Hardware Wallet Review 2025
This KeepKey hardware wallet review examines the ins and outs of this tool. In it, I look at why many think KeepKey is one of the top 3 hardware wallets around today (along with TREZOR and Ledger). In this post, I’ll take a close look at the wallet’s features and also share my personal experience with it.
KeepKey Review Summary
KeepKey is a cryptocurrency hardware wallet that supports over 40 different crypto assets. It has an attractive design, is easy to use and comes at an affordable price.
However, compared to its main competition, such as TREZOR One and Ledger Nano X, it doesn’t score high in terms of coin support and company reputation. Still, my analysis concludes that, overall, KeepKey is a solid hardware wallet.
That’s KeepKey in a nutshell. If you want a more detailed review of KeepKey as a hardware wallet, keep on reading. Here’s what I cover:
- What is a Hardware Wallet?
- KeepKey Company Overview
- KeepKey Design and Unboxing
- KeepKey Supported Coins
- How to Setup KeepKey
- KeepKey Price Tag
- KeepKey vs. TREZOR vs. Ledger
- Software Wallets
- Conclusion
1. What is a Hardware Wallet?
In 2013 a new type of cryptocurrency wallet emerged – the hardware wallet. In brief, a hardware wallet is a piece of hardware that stores your private keys and is not connected to the Internet. This protects your funds from remote attacks.
If you’re after a more detailed review about different types of wallets, watch our complete wallet tutorial:-
Due to the way hardware wallets are designed, it’s possible to use them safely, even with computers infected with malware.
The first hardware wallet to reach mass Bitcoiner adoption was TREZOR with the TREZOR One. Later on came the Ledger Nano S, and finally came Keepkey.
Even though today there are multiple companies that manufacture hardware wallets, these three still remain the top choice for crypto enthusiasts.
2. KeepKey Company Overview
KeepKey was founded by Darin Stanchfield in 2015 and is headquartered in the US. The tool acquired the Bitcoin wallet Multibit in 2016, and was later purchased itself by Shapeshift on August 2017.
The company is headed by Darin as the CEO and Ken Hodler (yes, Hodler is his actual name) as the CTO.
3. Keepkey Design and Unboxing
Although readers of this KeepKey hardware wallet review will mostly be interested in its functions, I liked the flair poured into the brand’s general appearance, starting from its container. You can tell that the creators put a great deal of thought into the packaging and product design.
The box comes with a KeepKey seal which indicates that the device is secure.
The contents of the box include the KeepKey hardware wallet, a USB cable to connect the KeepKey wallet to your computer, a card to write your recovery sentence on and an attractive leather case to keep that card in.
KeepKey’s sleek design and cool digital animation makes the user experience superior to that of other hardware wallets. The device itself also feels much more durable than the competition.
One disadvantage of this product is that it isn’t as subtly portable as a TREZOR or Ledger – you could easily notice it sticking out from someone’s pocket. That said, keep in mind that this is a hardware wallet which is used to store large amounts of Bitcoin. In this sense, it’s safer to keep it away from prying eyes, and store it somewhere safe. Moreover, the device uses the same 2nd screen protection that TREZOR and Ledger use. This makes it more secure to keystroke spying.
4. KeepKey Supported Coins
Falling a little short of its competitors, KeepKey supports 40 different digital assets. The main supported coins are:
For reference, TREZOR and Ledger support over 1000 assets each. For the complete list of Keepkey supported coins click here.
5. How to setup Keepkey
Setting up your KeyKey for the first time is pretty similar to any other hardware wallet. You’ll need to download the KeepKey client from the Chrome web store, connect your device and follow the instructions you see on the screen.
The whole process, including adding PIN protection and writing down your recovery seed takes about 5 minutes.
Here’s how it’s done:
You can also use KeepKey with other software wallets like Electrum and MyCelium.
Since Keepkey was acquired by Shapeshift, there’s also a built in crypto to crypto exchange inside the wallet so you can easily trade between cryptocurrencies as shown below:
6. KeepKey Price Tag
When KeepKey first came out its price tag was extremely high ($239). Since then, the company decided to reduce it to a much more reasonable and competitive $79, making it one of the most affordable hardware wallets out there (similar to the TREZOR One).
Alternatively, you can also purchase KeepKey from an authorized US reseller together with a fireproof, waterproof offline backup for $99.
7. KeepKey vs. Ledger vs. TREZOR
When putting KeepKey up against its main competitors I personally feel it falls short of them. While the price tag and design are great, the number of coins supported and the overall company reputation don’t match those of TREZOR and Ledger.
I think the price reduction was an awesome move by KeepKey, as it can now actually compete much more aggressively. Personally, I still use a TREZOR One and Ledger Nano S as my personal wallets.
8. Software Wallets
Looking for a different kind of wallet? A software wallet might be just the thing, especially if you’re after a quick, versatile, and accessible option. My top pick for a hot wallet is Best Wallet—a standout choice in the software category that’s earned the trust of crypto investors for several key reasons.
Best Wallet comes highly recommended as an anonymous crypto wallet. The brand also offers real-time market insights, making it easier to keep track of price trends and manage your portfolio effectively. Supporting multiple popular blockchains like Ethereum and Binance Smart Chain, it ensures you have access to a wide array of tokens without jumping through hoops.
Aside from its usage as software wallet, with Best Wallet you also get a decentralized exchange. This feature means you can trade while keeping your identity secure, all while having full control over your private keys. The user interface is clean and intuitive, so it’s ideal for both beginners exploring crypto for the first time and seasoned investors looking for a simple, effective wallet experience.
Visit Best Wallet9. Conclusion
Despite its shortcomings, KeepKey is a beautifully designed, user-friendly hardware wallet. It still ranks as one of the top hardware-centred wallets because of its security features, appearance and price tag.
Even though there is definite room for improvement, watch this space. With more coins supported by the device and a greater company presence in the Bitcoin ecosystem, KeepKey can definitely overtake its competitors place in the future.
If you already own a KeepKey or any other hardware wallet, I’d love to hear your experience with it or answer any questions you have in the comment section below.
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