In this article: Steelwallet review, we will highlight one of the most unique metal plates and simply explain all of its features.
Since the crypto big move in general, and bitcoin’s specifically, we have been hearing about lots of people losing crypto that’s worth millions of dollars or even gets stolen. That’s because they didn’t pay attention to storing their private keys in safe places or storing them then forget about it.
Metal plates are the best solution for the previously mentioned problems. By storing your private keys inside of a metal plate you can be assured that your wallet’s keys will last forever with you. Those metal plates are created to last against water, fire, and any disaster; therefore, you can secure your seed phrase.
Table of Contents
- About Steelwallet.
- Steelwallet Alternatives.
Steelwallet is an offline, metal storage tool that protects your recovery words against fire, water, electrical shocks, and corrosion. It consists of engraved stainless steel sheets and an automatic puncher. Each sheet can store 12 recovery words, 6 per side.
In the following part, we will demonstrate all the features we have come across during our Steelwallet review.
It has very clear instructions which make it easy to set up. Also, it is low-tech, and there are no additional tools needed
Made of stainless steel to resist almost everything, including mechanical force, fire, radiation, and corrosion.
Your Steelwallet will never get old! It was last for all the future generations.
It works with all types of wallets. You can also store up to 24 words.
How to Use Steelwallet.
In the following part of our Steelwallet review, we will guide you through the process of setting your Steelwallet up.
1. Have your recovery words at hand.
All your recovery words come from the BIP-39 word list. As a result, you can identify any word by only the first 4 letters. That’s why you can only punch the first 4 letters of each word on your Steelwallet.
2. Mark the holes you need to punch.
For example, if the first word of your seed phrase is “adjust”. So the first mark would be where column 1 and row A cross. Keep doing that with the first 4 letters of every word.
3. Check that you’ve marked all spots correctly.
There is no coming back if you punch the wrong letter. Make sure that you have marked all the letters correctly.
4. Take the puncher and punch the spots that you’ve marked.
After having punched the first 6 words, turn the sheet and punch the next words. After that, repeat until you’ve punched all of your recovery words.
What types of private keys can be stored using Steelwallet?
Steelwallet supports the BIP-39 standard which allows you to store up to 24 words on your Steelwallet. The words on the BIP-39 word list are chosen so that there is only one word if you know the first four letters of that word. There is no way that there are multiple words that start with the same four letters. That’s why you only need to punch the first 4 letters of each word of your private keys onto your Steelwallet.
How do I recover my wallet?
In case you want to recover your wallet, you should start searching the BIP-39 word list with the four letters of each word. Therefore; you will get the full seed phrase of your wallet.
What comes inside the Steelwallet box?
Inside the box, you will find the following products: 2 engraved stainless steel sheets, 1 puncher, 1 instruction booklet.
How much does Steelwallet cost?
You can get your own Steelwallet for only €65.00. Which we find as a very good price considering the features that Steelwallet provides.
Such type of product has many alternatives that you can search for. Fortunately, we have made a list of the best alternatives available in the market for Steelwallet. Also, we have reviewed each product of them. So make sure to check the reviews for further information.
Your recovery phrase is the ultimate key to your digital assets. There is never too much protection for what it HODLs. Keystone Tablet is a fire and waterproof solution for storing your recovery phrase made entirely of 304-grade stainless steel, down to every letter tile and screw.
Finally, we would love to hear from you in the comments section below. So make sure to tell us your thoughts on this Steelwallet review, and we will be replying to you.