Today in this article, we are going to present you with a detailed review of the SecuX Hardware Wallet. The wallet claims that it is a high-quality storage device best fit for the coins such as Bitcoin Ethereum and other altcoins. Today the wallets are very safe and secure. Though big names such as Ledger and Trezor continue to be market pioneers in the production of encryption wallets, SecuX is making its way through them.
Now without wasting any further time, let’s dive into the crux of this review and see what this wallet has to offer.
SecuX Hardware Wallet – An Overview
SecuX is a Taiwan-based blockchain organization. In the crypto space, the company has made several important waves and has recently introduced two flagship wallet variations – the W20 and the V20. The V20 comes with a rounded look and extra luxury features in addition to the main functionalities, while the W20 seems to be the consumer’s favorite.
We will examine in this analysis what the wallet provides and how it can include gambling behemoths such as Ledger and Trezor.
SecuX Hardware Wallet – The Setup and Installation Process
The SecuX wallet will ask you to name your device after trying to set up your PIN. Not only does the responsiveness of the touch interface and the inner QWERTY keyboard make typing easier, but also the easy, hassle-free experience without having to plug into a monitor or laptop. You can either configure your device in a new one or you can restore an old wallet after you have entered the details. Pretty normal stuff I think if we look deep into the device. You will save a 24-word recovery phrase if it is a new wallet.
SecuX offers a multiple-choice alternative at this point. It’s one of the most important functions. No one wants to waste all this time typing 24 words just to confirm it, so a lifesaver is certainly the multiple options that let you easily click on the right words. The wallet then initializes the product and stores private keys and personal PIN code in its Security Element chip approved by the CC EAL5+.
We think that these multiple selection options are not available in any other wallets. We are pretty sure that this particular feature of the wallet surely attracts a lot of users in the crypto community.
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SecuX Hardware Wallet – Software
A Web app for both mobile and desktop computers is provided on the SecuX Platform. Please note if you are an iOS user, you will need the official app. When you attach your wallet to your laptop or desktop, you can connect to your browser using either USB or Bluetooth. The site app just functions for Chrome browser. With SecuX’s new Bluetooth 5.0 Low Energy option, the Bluetooth features can be very solid.
To make the wallet work, first thing first download the official app of the wallet from the Apple store or play store. Make sure you turn on the Bluetooth device before installation. After successful installation of the app on your tablet or smartphone device, follow the pairing instructions given on the app. Without using an extra app to update, Android users can also navigate to a URL using Chrome.
SecuX Hardware Wallet – Supported Coins
SecuX wallets support more than 1000 cryptocurrencies now, including the greater cap projects and as well as all tokens of ERC20.
SecuX supports all big cryptocurrencies including Bitcoin, Bitcoin Cash, DASH, BNB, DOGE, XLM, TRON, Ethereum and more. Support for all native ERC-20 tokens, the top TRC-20 and TRC-10 tokens including USDT, LINK, USDC, UNI, and so on is also available. In the meantime, the SecuX team said in just a few weeks their wallets would support and ADA, and DOT in Q2, 2021.
SecuX Hardware Wallet – Pros and Cons
Pros
- A wide touchscreen is always a plus point when it comes to wallets. SecuX provides a 2.8″ color touchscreen for its users.
- To make the security more enhanced, support of Passphrase and hidden wallet is available.
- The display of the wallet is very well improved
- After a certain time in inactivity, the device automatically turns off.
- It provides Bluetooth capability within the wallet for encryption purposes.
Cons:
- The UI design is very simple and plain.
- The price tags are relatively high.
SecuX Hardware Wallet – Security
A hardware wallet is only effective at the end of the day because it has high safety standards. Why do you use one if it does not offer this?
SecuX hardware wallet began with the basic definition taking into account all the data. It will deter possible threats such as cyber hacking, implantation of viruses, physical attack, clone swapping, etc. Anything from supply chains, prototypes, flows of manufacturing and manufacturing processes to factory stocking and packaging, logistics, and so forth is inspected by the SecuX team. SecuX does this to ensure that the devices are delivered to your hands are very well equipped with all the security details they claim. The SecuX hardware wallet is a sophisticated and easy-to-use product that does not jeopardize protection and safety.
An Infineon SLE Solid Flash Chip CC EAL5 Plus, which is used to store your personal PIN code and Private key, is included in SecuX Crypto Hardware Wallets. Such a secure standard is much better than the one used for online threat protection for most financial systems. SecuX Wallets are considered to be safety devices of a vault or military level which protect digital assets. The company claims that the Infineon CC EAL 5+ chip of SecuX Wallet achieves the probability of zero transaction leakage.
The CC EAL5+ certification means that a product protection test was performed, and it complies with a certain specification and that the EAL5 certificate was semi-developed and checked.
SecuX V20 Vs. SecuX W10 – Feature comparison
- Offers a very robust build design with a rugged case in diamond form
- Infineon CC EAL5+ comes along with the device of which we have talked above in detail.
- The device leverages its users to connect the device with Mobile Apps on both Android and iOS.
- SecuX claims that they offer military-grade security to their wallet users.
- The wallet is Priced at $139
- Dual connectivity through Bluetooth allows users to perform transactions from multiple devices
Vs.
SecuX W10 Wallet:
- Considered a very suitable option for beginner-level users.
- The interface is very user-friendly and easy to use.
- This also comes with the Infineon CC EAL5+ chip to enhance the security on the upper level.
- It supports a wide range of cryptocurrencies to its users.
- For a better security experience, a multi-layered security shield is already embedded within the wallet.
- Users can create up to 500 accounts on a single device for different crypto coins.
- The wallet is priced at $69
Our Final Verdict – Is it Worth the Hype?
To be fair, a major punch is certainly in the case of the SecuX wallet. It has its disadvantages and ways to change, but it will surely stand up to the industry’s giants. You get optimal value for the buck with premium tech and security features.
The SecuX Hardware Wallet is certainly a strong rival for more renowned companies such as Ledger and Trezor. There is, however, no mainstream support for these two leading products that do not integrate seamlessly with browser applications. There are also some questions about the possible attack surface in the future for Bluetooth functionality. However, it seems safe for the time being.
Before making the order, we suggest that you follow all policies like purchasing, return, exchange, etc. Crypto transactions will generate massive dividends to pack it up, so it should be the priority to ensure protection during the storage of crypto assets. But it is incredibly important to have the best wallet for your precious assets.
We hope that our review will somehow help you in making the decision that’s best for you. Tell us in the comment section below, what you think is the best option. Do you think that this wallet will be a big competitor to the leading A list wallets in near future?
*SecuX Online Shop: https://shop.secuxtech.com/
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The post SecuX Hardware Wallet Review 2021: Everything You Need to Know appeared first on Ripple Coin News.
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Author: Arthur Webb