What is a Metal Crypto Wallet?
Metal crypto wallets are the most secure option for storing your crypto recovery phrases because they offer maximum protection against hackers and incidents and disasters like fire and flood. Metal wallets are just plates with engraved seed phrases that unlock access to your coins held on the blockchain.
These plates are designed to withstand extreme physical conditions and are often made of stainless steel, titanium, or aluminum. They are also resistant to fire, water, and corrosion.
A metal crypto wallet is by no means the only option for securing your digital currency. Paper wallets, hardware wallets, online exchanges, and even some mobile apps make up a decent list of options for those looking to keep their funds safe. But there is something about a metal device that sets it apart.
It offers several advantages over traditional methods of storing crypto. For starters, it’s extremely secure since it stores your private keys offline on a piece of metal that can’t be damaged by fire or water. Plus, it provides a sleek design that looks good enough to display in your home office or living room.
But what happens if your device gets lost or stolen? Well, you are in trouble then because when someone manages to obtain your seed phrase, they gain full access to your funds locked by that private key and those seed phrases.
Why do People Need Steel Backups for Wallet Seed Storage?
If you’re like most people, you keep your crypto stored online. This includes your private keys and seeds used to access your funds. If anything happens to your computer or mobile phone, those seeds can easily be lost forever. Even worse, there’s a chance someone else might gain access via the internet to your account and steal your money.
If you’re looking for a way to keep your digital currency safe, you might want to consider a steel backup.
A steel wallet might seem like overkill, but it’s actually one of the best options. These wallets offer a few benefits over traditional plastic wallets, including protection against fire, flood, etc.
So, the best way to store your seed is in a steel wallet. It protects your seed from everything except nuclear catastrophe.
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The Best Metal Crypto Wallets & Crypto Steel Seed Backup Tools
If you want to keep your crypto safe, you need to have a secure place where you can store it, and we think that one of the best options for keeping your cryptos safe is metal wallets. In the text below, you can find the best nine metal wallets you can buy in 2022:
Cobo Tablet
Cobo Tablet is one of the most widely used crypto cold storage systems. It is packaged in a sleek steel rectangular gadget meant to hold your 24-word seed phrase. Fires can easily destroy your hardware wallets. That is why it is critical to have a seed recovery phrase that is more durable than the wallet itself.
It overcomes the problem by a unique seed recovery phrase resistant to physical damage, corrosion, and any other type of harsh conditions.
There are two metal tables with seed phrase slots supplied. You can make your own phrase by punching letters into a metal sheet and inserting them into the tablet.
There is a sticker that you can apply if someone tries to view your seed phrase, and you can spin the tablet to make your seed phrase invisible.
CryptoSteel Capsule
The team behind crypto wallet manufacturer Ledger has teamed up with Slider to develop a new type of cold storage device called the CryptoSteel Capsule. This cold storage solution allows users to keep their crypto assets safe while keeping them accessible.
It has a capsule in the form of a tube, and each tile engraved with the single letter that makes up your seed phrase is stored inside the hollow part of it. In addition, the outside of the capsule is made out of 303-grade stainless steel, making it durable enough to withstand rough treatment. This wallet’s durability is increased by the fact that the tiles are also constructed of premium stainless steel.
Billfodl Multishard
Billfodl’s Multishard is the most secure steel wallet you’ll ever use. It’s built from a high-grade marine-grade 316 stainless alloy and is resistant to temperatures of up to 1200°C / 2100°F.
Your seed phrase is split into 3 separate parts. Each part contains different sets of letters, making it difficult to guess what the full word sequence is. Every unit includes 16 of the 24 words.
Unit one holds words 1-16
Unit two holds words 9-24
Unit three holds words 1-8 and 17-24
To try and crack the code, a person would need to find at least two of the three parts.
ELLIPAL Mnemonic Metal
A steel casing called ELLIPAL Mnemonic Metal is made to guard your secret keys against theft and natural calamities like fires and floods. It is intended to permanently and maximally protect your possessions.
Because of its small size, it is simple to store and move around without drawing attention. To further security and privacy, you can simply lock the mnemonic metal; as a result, only you will be able to access the case.
It is a robust metal device that adheres to the BIP39 standard and is used to store the crucial 12/15/18/21/24 – word mnemonic phrase and guarantee the longevity of your wallet’s backup.
SafePal CypherSeed Board
The SafePal Cypher Seed Board is a metallic board made of 304-grade stainless steel that is designed to keep your mnemonic phrase safe from fire, water, and corrosion. It is made up of two distinct stainless steel plates that form a cryptographic puzzle and include a set of 288 letters.
The recovery seed is assembled manually, and it is extremely easy to operate. Both sides of its plates can store 12, 18, or 24 words.
Steelwallet
Steelwallet, another metal wallet available today, is a backup tool made of steel that lets you engrave a seed onto two laser-engraved sheets. Stainless steel, the material from which these sheets are fashioned, offers protection against fire, water, corrosion, and electricity.
You can use the sheets to store 12, 18, and 24-word seeds or other types of encryption secrets. Or you could just write down some notes and keep them somewhere safe.
Keystone Tablet Plus
Due to its resistance to corrosion, the Keystone Tablet Plus, made of grade 304 Steel, is the long-term solution to enabling you safely store and backup your wallet’s seed phrase. The tablet’s many screws keep it from warping too much. It’s also made to withstand temperatures of up to 1455°C/2651°F (typical home fires can get to 649℃ / 1200°F).
Because it’s only slightly bigger than a credit card, it’s quite convenient to carry around. Simply slide open the tablet to gain access to all of its features. The keyhole allows you to employ a physical lock to protect your mnemonics if you like. Each letter of the alphabet has been laser engraved and adorned with anti-tamper stickers to make sure it will not rust. It works with any BIP39 compliant wallet, whether it is hardware or software.
Supports 12, 18, or 24-word seed phrases (only the first four letters of each word are needed).
Blockplate
The private keys to your crypto wallet can be securely stored between two plates in a Blockplate, a robust cold storage solution. It’s a device with a safety mechanism that can be passed down through the generations and used to store crypto.
The 24-word seed phrase is carved on one side of the stainless steel plates, while a QR code is on the other. Your seed phrase will need to be handwritten on the unengraved side of the Blockplate by first making markings with a marker and then permanently stamping them with an automatic center punch, which can be purchased separately from the Blockplate store for around $10.
Whether it be fire, water, or physical harm, your seed phrase will be safe behind one of these 304-grade hardened stainless steel plates.
Cryptosteel Cassette
For a good reason, the Cryptosteel Cassette is hailed as the mother of all cold storage options. It is housed in a compact and weatherproof cassette that can be carried anywhere.
Each of the two portable cassettes is made of rust-proof stainless steel, and the alphabet is represented on metal tiles. It’s up to you to manually put together those components to construct your 12- or 24-word seed phrase. The available space accommodates up to 96 characters.
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How to Use Crypto Metal Plates?
Crypto metal plates are custom-made cases for your recovery phase. They are resistant to harmful situations and simple to use. Also, you need to know that exist two types of crypto metal plate capsules and tablets. Each of them has a different way to use.
Crypto Capsule
How Crypto Capsule has a form of a tube, words of seed phrase are inserted vertically. After opening a tube, you can start putting in the first four letters of each word.
Crypto Tablet
Unlike Crypto Capsule, Crypto Tablets have sleek steel rectangular shapes meant to hold your seed phase. It has metal tables with slots for the seed phase. After you open it, the first four letters of each word in your seed phrase are all that’s needed.
What Kind of Protection Does Metal Wallet Offer?
The metal wallet is water-resistant, corrosion-resistant, and shock-resistant when compared to “normal” wallets, making them genuinely unique. Your metal wallet is unlikely to break. You can sit on it, throw it down the stairs, or run over it with your car.
It is fire-resistant, and it’s made to withstand temperatures of up to 1455°C/2651°F (typical home fires can get to 649℃ / 1200°F).
It adheres to the BIP39 standard and is used to store the crucial 12/15/18/21/24 – word mnemonic phrase and guarantee the longevity of your wallet’s backup.
Also, most of them have a keyhole that allows you to employ a physical lock to protect your mnemonics seed phase if you like.
How does a steel crypto wallet work?
To ensure you never lose access to crypto, you can use a steel wallet as an additional cold storage wallet to safely back up the seed phrase to your other hardware wallets.
So a steel crypto wallet is a better version of that piece of paper you get with a hardware wallet when you buy it. Instead of writing your seed phrase on the paper, you engrave it onto metal plates. The seed itself is generated offline by the hardware wallet.
It also serves as a backup, allowing you to access your crypto on the blockchain even if your hardware wallet is lost or stolen.
Private keys, passwords of any type (not just crypto), and wallet recovery seeds can all be engraved in stainless steel and stored in an offline location (or other metals, such as titanium).
The privacy of your data is protected without the need for an intermediary. Tiles are made with your seed word permanently imprinted in them.
What is a Mnemonic Seed Phrase?
A mnemonic seed phrase is a list of words used to generate a single passphrase that can unlock your bitcoin wallets.
The list consists of 12 to 24 words that are connected to the private key and are generated during the initial registration of your wallet on the Blockchain.
Simply put, the Mnemonic Seeds are a part of the BIP39 standard that is designed to make it easier for wallet users to memorize their private keys.
With the Mnemonic Seed Phrase, your wallet’s private keys can be recreated even if the data on your physical copy on your device is lost or damaged.
CaptainAltcoin’s writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com