Skip to main content

Ellipal Customer Service

The cryptocurrency market has seen a rise in the number of hardware wallets that are available that promise that your digital assets will be safe and secure. It is the Ellipal wallet is the newest player in the field It aims to stand out from its competitors by offering a completely isolated solution. In this post, we’ll look at a more in-depth look at the Ellipal wallet and the business behind it, and the features it offers to help you determine whether it’s worth investing in.

A hardware wallet is a device that stores the private key to your digital assets off-line to prevent hackers from stealing the funds remotely. The Ellipal wallet is 100% secure since it is completely disconnected from any network or computer. It does not have wireless or wired connectivity, but instead communicates through QR codes using an image camera at the rear of the wallet. The Ellipal wallet is priced at $149. It is relatively new on the market, which means that it has not been test-driven yet.

Ellipal The company behind the wallet’s hardware component is a relatively young company on the market. It raised $55K through an Indiegogo campaign to fund the development of their product. The website of the company as well as reviews online claim that their hardware wallet is 100% safe, however it is important to keep in mind that hardware wallets of competing businesses such as TREZOR and Ledger are constructed in a manner that no attacker from outside is able to access your private keys. For instance, even if it is possible to connect your TREZOR to a compromised device which is infected by viruses your private keys will remain safe and secured.

Ellipal’s source code is only partially accessible, and is as with Ledger, they have the Github repository that showcases their Cross-chain wallet framework as well in their JS-Lib, which is available to any app developer to work with them. In comparison, both leading hardware wallet makers currently (TREZOR as well as Ledger) possess a large amount of their code stored on public repositories. This makes it easy to observe how they go about implementing security measures.

The Ellipal wallet is currently compatible with the following coins that are supported, such as Bitcoin, Ethereum, Litecoin, along with ERC20 tokens. This is less than the number of coins that its competitors support, TREZOR and Ledger.

The price of $149 to purchase this Ellipal wallet is on par with other wallets, however it’s important to keep in mind that it’s a new product and has not been tested in battle yet. When compared to the TREZOR or Ledger wallets that have been on the market for longer and have a long-standing track performance in security, the Ellipal wallet may not be the best value for money.

In conclusion In conclusion, Ellipal wallet is a good choice. Ellipal device is an new competitor in the hardware wallet market and promises to be completely secure due to its complete inaccessibility to any computer or network. The company behind it is new, and it hasn’t been battle-tested yet. The Ellipal wallet supports only a few coins, and its price tag of $149 is on par with other wallets. While the idea of a fully separated hardware wallet sounds appealing but it’s crucial to look at the track record and security measures of other wallets before making a decision. Ultimately, the decision of whether the Ellipal wallet is worth the price is entirely up to the person who purchases it.