Bitcoin Steel Seed Backup Tools

Security has always been the top priority when it comes to money, and the cryptocurrency space is no different than the economy for fiat money.

While blockchain technology has remedied a lot of security risks, it has also presented users with new ones. That’s why steel wallets have now become a big trend in crypto-security.

In this article, we’ll cover…

Get ready to take your cryptocurrency security to the next level with one of these beauties.

What Is a Cryptocurrency Steel Wallet?

Hardware wallets like the Ledger Nano X and Trezor T are popular because they offer a much more secure way to store your Bitcoins than the online wallets you get on crypto-exchanges.

The downside of hardware wallets is that you can lose all your Bitcoins if you accidentally break or misplace your wallet – or it gets stolen.

That’s where the seed phrase comes in.

It’s a combination of random words that enable you to access your Bitcoins on the blockchain in case you lose access to your hardware wallet.

But a seed phrase can also be a major security risk.

If your seed phrase gets into the wrong hands then you can wave goodbye to your Bitcoins even if they’re stored securely on a hardware wallet.

Enter the cryptocurrency steel wallet.

A steel wallet is another cold storage wallet that securely backs up the seed phrase to your other hardware wallets so you never lose access to your Bitcoins.

Why People Need Steel Backups for Wallet Seed Storage

You could just write down your seed phrase on a piece of paper and store it in a safe place. But that makes it no more secure than a paper wallet – and that’s risky business.

Most steel wallets, on the other hand, are resistant to pretty much anything:

That makes steel wallets almost indestructible. Some manufacturers even go so far as to make videos where they try (and fail) to break them.

Many steel wallets can store multiple seed phrases, so there’s no need to go out and invest in one wallet for every seed phrase you want to back up.

Please note that while most steel wallets are very easy to use, others require you to invest in a hammer, stamping kit, or laser engraver to record your seed phrases.

The 6 Best Cryptocurrency Steel Wallets

Now that you know how steel wallets work and why they’re important, it’s time to look at some of the best-selling steel wallets on the market right now.

Billfodl

Billfodl is made from stainless steel (grade 316), which makes it a very tough wallet that is particularly resistant to corrosion. A good choice for the hodler who wants value for money.

Pros of Billfodl

Here are a few of the upsides of the Billfodl steel wallet:

Cons of Billfodl

There is really only one downside of the Billfodl steel wallet:

Learn More About Billfodl

You can see how the Billfodl works in the official video here below:

Blockplate

Blockplate is also a stainless steel wallet (grade 304) that comes with two plates. You fit 12 words on each plate, which are recorded by pressing a single punch tool in the center.

Pros of Blockplate

Blockplate sets itself apart from the rest with these benefits:

Cons of Blockplate

There is one downside of the Blockplate steel wallet worth considering:

Learn More About Blockplate

You can see how the Blockplate works in the video here below:

ColdTi

ColdTi is, as the name implies, a titanium wallet. That makes it one of the most durable wallets on our list, which is surprising considering the low price point. But there’s one major drawback.

Pros of ColdTi

ColdTi sets itself apart from the other wallets with it’s extreme durability:

Cons of ColdTi

There is, however one major drawback of the ColdTi steel wallet:

Learn More About ColdTi

You can learn how to use the ColdTi wallet in this video below:

Cryptosteel

Cryptosteel is made from stainless steel (grade 304) and there are four different options for ordering it. They are: Hex ($79), Mnemonic ($99), Anykey ($149) and Mix ($199).

Pros of Cryptosteel

The Cryptosteel wallet offers many of the same benefits as other wallets:

Cons of Cryptosteel

There are unfortunately also some downsides to Cryptosteel to think about:

Learn More About Cryptosteel

You can see how the Cryptosteel wallet works in their official video:

CRYPTOTAG

CRYPTOTAG is more expensive titanium wallet than ColdTi because it includes a hammer, 26 letter bits, a bit holder, two plates, earplugs, matches, and an anvil in the package.

Pros of CRYPTOTAG

The main advantages of CRYPTOTAG come from it’s titanium make:

Cons of CRYPTOTAG

As with the ColdTi wallet, the only downside is the work involved:

Learn More About CRYPTOTAG

Watch how the CRYPTOTAG works in the official video tutorial:

HODLINOX

The HODLINOX is the lesser-known brand on the market, but no less secure than the others on our list. It’s made from stainless steel and comes in a 3D printed case with a security seal.

Pros of HODLINOX

Cons of HODLINOX

There is just one downside of buying the HODLINOX:

Which one will you choose?

As you can see from our comprehensive review, steel wallets serve an important function when it comes to protecting your Bitcoins.

Just to recap what we’ve covered in this guide:

Hopefully, you’ve found a steel wallet that suits your requirements and budget. But watch this space – more manufacturers will no doubt enter the market in the coming years.