Is OneKey Touch The Ideal Cold Wallet? | Review & Setting Up Guide

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What is OneKey Touch - is it worth the money?

Is it a good choice for you?

How does it work?

These are the questions I address in this article and the video above.

I also take you step by step through the setting up process too.

As a cryptocurrency investor, one of the most crucial decisions you'll make is how to secure your digital assets. With the ever-increasing threat of mismanagement of exchanges, highlighted by the collapse of FTX exchange just six months ago, and also hacking and other cyber-attacks that are targeting custodial wallets all the time, it's essential to find a reliable and secure way to store your coins. That's why hardware wallets have become increasingly popular among crypto users, offering a secure way to store private keys offline and away from prying eyes.

So, is OneKey Touch worth your money?

The OneKey Touch is a hardware wallet - a physical device that is connected to a computer or mobile phone, and it uses a secure chip to store your seed phrase and private keys. This means that your seed phrase and private keys are never exposed to the internet, making it much more secure than storing it on an exchange or in a software wallet.

A common misconception about wallets is that they store your crypto. It’s not quite true.

The wallet itself doesn’t store your tokens or coins, these are always stored on their relevant blockchains, and any hardware wallet only generates and stores the seed phrase and private keys offline in a secure chip, ensuring that they are not exposed to the internet, thus isolating network risks.

The OneKey Touch has a 3.1-inch multi-touch true color IPS display joining the new era in cold storage wallets, transitioning from buttons to touchscreens. The device can store 1,000+ cryptocurrencies. That still doesn’t mean all cryptocurrencies, but at least all the big ones and all their tokens. A mobile phone app is the way to navigate the device and it has a clean and easy interface. I have no critiques on that.

One of the key features that sets the OneKey Touch cold wallet apart from other cold wallets on the market is its ability to display . I have featured other NFT wallets on this blog, like the SecuX Nifty, but in this case, with OneKey Touch, you actually have a fully functional wallet that supports more blockchains and on top of that come the NFTs. The ability to view these assets directly on the device (in true colour) provides a new level of experience, the highest security and convenience for users. Additionally, the OneKey Touch is the world's first hardware wallet with Multi-Touch technology and true color display.

But why is using a cold storage wallet so important? The answer is simple:

With cryptocurrencies, the owner of the private key is the owner of the assets. If someone gains access to your private key, they can transfer or steal your digital assets. This is where cold storage wallets come in. Cold storage wallets are not connected to the internet, making them less vulnerable to cyber attacks and other security threats. They store private keys offline, providing an extra layer of security.

One of the key security features of the OneKey Touch is the use of a secure element (SE). This specific type of secure chip can store and process sensitive information securely, ensuring that private keys are kept safe from hackers and other cyber criminals. By storing private keys offline, the OneKey Touch makes it much harder for hackers to steal users' coins.

This device uses a dual-chip architecture, including a Microprocessor Chip (MCU) for communication and data transfer, and a Secure Element (SE) for offline seed phrase and private key generation and storage, as well as transaction signing. This was also the case with their other device - the OneKey Classic, which I reviewed a couple of months ago in this post.

The OneKey Touch is also designed with a range of security features to help users protect their digital assets in case the device is lost or stolen. This includes a PIN code and a recovery phrase, which can be used to recover lost private keys.

To Get Your OneKey Touch Device with a special discount today use this link:https://shop.onekey!For limited time you can get a discount with coupon code: ONEKEY&OJ (apply at checkout)

The OneKey Touch device has several other features that make it stand out in the market of cold storage wallets for cryptocurrencies.

One of these being its multi-currency management capability. This means that users can manage different types of cryptocurrencies in one device without the need to switch between wallets. This feature not only saves time, but also reduces the risk of errors and potential security threats that could arise from using multiple wallets.

Another feature that sets the OneKey Touch apart is its integration with popular cryptocurrency trading platforms such as Binance, Huobi, and OKEx. This integration allows users to easily transfer their assets to and from their trading accounts without compromising their security.

Furthermore, the OneKey Touch has a durable and sleek design that is made with high-quality materials. The device has a metal casing and comes with a protective case to ensure it stays safe from scratches and other damage. The OneKey Touch also has a built-in rechargeable battery, which can last up to several weeks on a single charge.

The device is compatible with a range of third-party software, including Metamask, Electrum, and Exodus, among others. This compatibility allows users to easily manage their digital assets across different platforms and services. For example, users can use the OneKey Touch to securely store their private keys offline, while still being able to access their digital assets through third-party software like METAMASK or Exodus. This makes it easier for users to manage their digital assets and to take advantage of different services and platforms in the cryptocurrency ecosystem.

Additionally, the OneKey Touch's compatibility with third-party software is a testament to its versatility and user-friendliness. By allowing users to easily manage their digital assets across different platforms and services, the OneKey Touch makes it easier for investors to take advantage of the benefits of cryptocurrency without having to navigate complex technical processes. Overall, the OneKey Touch's compatibility with third-party software is a key feature that makes it a great choice for anyone looking for a secure and user-friendly way to manage their digital assets.

Another thing I really like is that like with their previous model the OneKey Classic, this is an hardware wallet, which means that its source code is publicly available for anyone to view, test, modify, and distribute. This is a good thing because it allows users to verify the security and integrity of the device's software, ensuring that there are no hidden vulnerabilities or backdoors that could be exploited by hackers. Also, open-source software is usually more transparent and trustworthy than closed-source software, as it allows users to see exactly how the software works and what it does. This can be especially important for a hardware wallet, as it is designed to store and protect users' digital assets. Overall, the fact that the OneKey Touch is open-source is a positive feature that adds to its overall security and transparency.

To Get Your OneKey Touch Device with a special discount today, use this link:https://shop.onekey!For limited time you can get a discount with coupon code: ONEKEY&OJ (apply at checkout)

Lastly, the OneKey Touch comes with a user-friendly mobile app that allows users to manage their digital assets remotely. This app includes features such as price tracking and portfolio management, making it a convenient tool for cryptocurrency investors.

In conclusion, the OneKey Touch is a next-generation cold storage wallet that offers a range of advanced features to securely manage digital assets. With its true color touchscreen, ability to display NFTs, and user-friendly design, the OneKey Touch is a great option for anyone looking for a secure and convenient way to manage their digital assets. OneKEy is a relatively new brand on the market, but it has already received positive reviews from experts. It is praised for the ease of use of their devices, excellent security, and a wide range of supported cryptocurrencies on all of their devices and OneKey Touch is their flagship product, as it is the most advanced and feature-rich hardware wallet in their lineup. The company is based in Hong Kong and naturally, they first established their presence on the Asian markets, it is in fact one of the leaders in Asia already, and this year they are rolling out to Europe and the US markets, so very soon you will be seeing and hearing a lot more about OneKey.

If you want to see how OneKey Touch works, here is my setting up and use guide. I take you through the process step-by-step, so you can avoid any hiccups in the process. 

To Get Your OneKey Touch Device with a special discount today use this link:https://shop.onekey!For limited time you can get a discount with coupon code: ONEKEY&OJ (apply at checkout)

?These are my opinions, not financial advice, always DYOR.

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