ELLIPAL Review (May, 2024) - Pricing, Features, Pros & Cons - Comparewise
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ELLIPAL Review (May, 2024) – Pricing, Features, Pros & Cons

Why will this ELLIPAL review benefit people who are in the crypto business? Because having a secure wallet as a crypto enthusiast is the best decision you can make. So, what is ELLIPAL?

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Last Updated: May 24, 2024

Ellipal

  • Recommended by Forbes
  • Trusted by users in over 140 countries
  • Store over 10,000 coins and tokens

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The ELLIPAL wallet offers top-notch security with its air-gapped feature, ensuring your crypto assets are safe from online threats. It is suitable for both novice and experienced cryptocurrency traders due to its user-friendly interface and compatibility with a wide range of digital currencies.

However, its lack of Bluetooth or Wi-Fi connectivity may be inconvenient for some users, and the device’s physical robustness could be improved.

This will be a comprehensive ELLIPAL review covering the pros and cons of ELLIPAL, what makes ELLIPAL unique, some products and services designed by ELLIPAL, and the legal framework of the brand.

What makes ELLIPAL a good option?

Let’s kick off this ELLIPAL review by highlighting what makes this crypto wallet an ideal option.

When buying a product that secures your crypto coins, using a cold wallet like ELLIPAL is recommended. While there are numerous wallets to consider, here is what makes ELLIPAL a good option:

ELLIPAL is Connection Free

The ELLIPAL cold wallet is designed to transfer crypto without the need for a physical connection. Unlike other wallets, which can require a physical USB connection or Bluetooth, this product doesn’t need one.

When you buy an ELLIPAL device, you can use the QR reader to confirm the contents. This makes it difficult for hackers to have access to your personal information.

The Product is Tamper-proof

Another reason why the ELLIPAL crypto hardware wallet is a good option is because of its anti-tamper and anti-disassembly features. This product is built with a durable, sealed metal frame. It is also dustproof and waterproof. If there is an intrusion or it is forced open, the wallet will destroy itself, and all information will be lost. Even with professional equipment, it can’t be cracked.

Open Source

The ELLIPAL product is open source, meaning you can’t audit all kinds of code. Although the QR code and update mechanism can be accessed, the key generation code is unavailable.

Simple to Use

You Don’t have to be a tech expert to use the ELLIPAL wallet. Users of ELLIPAL can learn how to use it within 4 minutes. It has self-explanatory steps for sending, receiving, and storing coins.

Users can also use the ELLIPAL mobile wallet app to easily pair the products and see their assets. This ELLIPAL app also shows price charts and important cryptocurrency news.

Multi-purpose

The ELLIPAL is not just a wallet; the manufacturer partners with SWFT and Changelly, allowing users to exchange their coins easily on the platform. These platforms offer the best rates and speed when it comes to optimizing. Also, you can use the Binance Dex exchange on ELLIPAL.

Moreover, ELLIPAL also offers finance products for people seeking friendly investing options. You will find long-term USDT investment options with excellent rates of return.

Supports Blockchains and Tokens

The ELLIPAL wallet supports more than 10,000 coins, tokens, and NFTs. Daily, more of these tokens are added to the platform.

Users of these ELLIPAL products can store currencies without adding third-party apps. Every coin can be held together in a single account, allowing you to manage your assets in one place.

how does the ellipal titan work - comparewise

Pros and cons of ELLIPAL

Buying this hardware wallet has some benefits and drawbacks, which we will discuss in this ELLIPAL review section.

The pros of Ellipal

Simplicity

The ELLIPAL crypto wallet can be used even by someone with little or no technical knowledge. It doesn’t require a computer system. What you need is just your smartphone. You can read the manual on the ELLIPAL website and use it immediately.

Excellent Security

When keeping your cryptocurrency safe, ELLIPAL is your go-to choice. The ELLIPAL hardware wallet comes with EAL6+ security features, making it very secure and difficult to be tampered with. If there is any attempt to break into this wallet, it has a self-destruction mechanism.

Highly Reliable

The ELLIPAL hardware wallet has no vulnerable parts. It is strong and has a very long shelf life. There are very few points of damage and greater reliability than other alternatives.

Dust and Moisture Protection

While it is highly advised to keep this wallet in a safe place, it comes with IP67 dust, heat, and water resistance features. This wallet can perform at -30 to +90 degrees Celsius. It will protect against water exposure for up to 1.7 m and up to 45 minutes.

Offline Cold Storage

The ELLIPAL wallet is an Air-gapped design product, which means the private keys are entirely isolated. This means it doesn’t need online connectivity to operate.

Portable Design

This small wallet makes it easy to take with you wherever you go. You can just put it in your pocket, and it doesn’t have much weight.

Store Over 10,000 Cryptocurrencies

This wallet can store more than 10,000 different tokens, which is twice what an alternative wallet can hold. Since new coins are added weekly, the capacity of this product continues to expand. Some popular coins it supports are:

  • Bitcoin(BTC)
  • Solana (SOL)
  • Ethereum (ETH)
  • SHIBA (SHIB)
  • Binance Coin (BNB)
  • Ripple (XRP)
  • Algorand (AlGO)
  • Cardano (ADA)
  • Chain link (LINK)
  • Polkadot (DOT)
  • Avalanche (AVAX).

The cons of Ellipal

Expensive

This ELLIPAL crypto hardware wallet is a bit more expensive than other wallets around. As an emerging brand, the price might seem high for the average crypto user.

The Brand is a Bit Unknown

The manufacturer of the ELLIPAL isn’t popular, which might raise a few eyebrows. This is a big drawback since popularity is often a big deal for electronics enthusiasts.

No Security Certification

Unlike other competitors, ELLIPAL doesn’t have security certification. Having a security certification offers some form of security assurance to buyers when it comes to buying wallets.

ELLIPAL products and services

This ELLIPAL review section will discuss the various products and services offered. Some of which are:

ELLIPAL Titan Bundle

 The ELLIPAL Titan bundle supports different crypto assets, which include XRP, ETH, BTC, and ADA. Aside from cryptos, it also helps manage non-fungible tokens (NFTs).

This bundle has a user manual, an SD Card, a security adapter, a Type C charging cord, a seed phrase steel, and a Hardware wallet. The battery has a capacity of 1400 mAh, and the app works well on Android and iOS.

ELLIPAL Titan Mini Bundle

The ELLIPAL Titan mini bundle is one of the top products you can find on their website. It is the Ultimate wallet combination for future WEB3 technology.

This ELLIPAL product offers excellent protection against offline and online attacks by hackers. It does this while backing up your seed phrase. As a self-custodian crypto wallet, it allows you to have total control of all your private keys without any risk.

ELLIPAL Titan Cold Wallet

The ELLIPAL Titan cold wallet is the world’s top 100% secure and Air-gapped hardware wallet. If security is at the top of your list regarding cryptocurrencies, this product is the safest you can find. It also helps you manage NFTs and grow your cryptocurrencies easily.

The ELLIPAL Titan cold wallet comes with a 4-inch touchscreen for any operation. An easy-to-use device with a sleek design in all colours. It provides unlimited storage capacity for multiple accounts and cryptocurrencies.

ELLIPAL Titan Mini

The ELLIPAL Titan Mini is the ultimate Web3 cold wallet, which allows you total access to your crypto wallet. You will be able to carry your Digital assets everywhere you go. It comes with decentralization and Self-custody features, which make it a good buy for crypto lovers. With this Mini wallet, you can trade freely without any exchange suspensions. Moreover, no one can access your private keys unless they are allowed.

ellipal review - comparewise

ELLIPAL Seed Phrase Steel

This is one of the brand products of ELLIPAL that works with crypto wallets. The seed phrase seed is compatible with a 12–24-word BIP39 wallet. It can help you recover your wallet whenever you want.

This is a durable product with strong 316 steel. The ELLIPAL seed phrase steel gives users peace of mind because it helps secure digital assets effortlessly.

This product is compatible with other wallets such as MetaMask, Ledger, and Trezor. It can withstand temperatures as high as 2649.2 °F. Even when your house or store suffers a fire outbreak, this seed phrase helps protect your cryptocurrency backup.

ELLIPAL Joy Seed Phrase Generator

The ELLIPAL crypto hardware wallet also has a seed phrase generator offering mouthwatering features. It is one of the best offline generators and has impressive security features.

This true Random Ember product has an ST chipset that provides 32-bit random number generators. This makes it difficult for hackers to break into your device. The integrated analogue circuit embedded in this device makes it a good buy if you value security.

ELLIPAL Titan Case

You could also buy the Sleep Titan case, which allows easy installation and produces all ELLIPAL products from scratch. It is made with a microfiber-lined cover and has a stylish exterior.

This Titan case also provides the right combination of elegance and durability your ELLIPAL devices need. Buy this case to enjoy a refined and functional Titan experience.

ELLIPAL Titan Adapter

The ELLIPAL Titan adapter is made for the ELLIPAL Titan wallet. Aside from providing charging functions, it also serves as a protective layer for data. This ELLIPAL adapter also prevents direct connection with a cable, preventing data theft.

Moreover, it also helps with a seamless connection with the Titan cold wallet. The size is about 30 mm, which makes it easy to move around, and it is made with ABS material.

ELLIPAL Metal Combination Lock

ELLIPAL also offers the metal combination lock screen with an easily resettable combination. With this durable lock, you don’t need to carry a key. You can use this padlock to safeguard your ELLIPAL Mnemonic metal locker bag, luggage, and locker bag.

ELLIPAL Products and Service Quality

Our ELLIPAL review wouldn’t be complete without discussing the wallet’s quality and reliability, key features any crypto holder would want to know about.

ELLIPAL has revolutionized cryptocurrency security and asset management with its pioneering “Air-gapped” cold wallet 2.0 concept. They are globally recognized for their large-screen Air-gapped wallets, offering a comprehensive solution for cryptocurrency security.

The company places a high priority on customer data security. Multiple layers of protection are in place to safeguard customer data. But it is crucial to keep in mind that no internet data transmission can be guaranteed to be secure, no matter how cautious the sender is. Despite their best efforts, absolute security cannot be assured.

ELLIPAL is committed to respecting and protecting the privacy of all customers’ information. However, this information is used and disclosed at the company’s discretion. ELLIPAL collaborates with reliable partners and third parties such as Monix, Crytonest, Quickbit Vending, encrypted hardware providers, and Proton Mail.

How to Get Started with ELLIPAL

In this ELLIPAL review section, we will discuss the process of purchasing any of the ELLIPAL products. Here is how to get started:

Download the ELLIPAL App

The first step you will take is to download the ELLIPAL App from their website. This can be done using a phone scan of the Cold Wallet QR.

Create Your Account on the Cold Wallet

After downloading the app, you will select Next to start your registration process. Click on the Create Account option to start. Details needed include:

  • Name
  • Address
  • Occupation
  • Mobile Number
  • Email Address

Press Sign Up after you have filled out the form.

Select Backup Mnemonic Words

After your account has been credited successfully, press the Backup Mnemonic Words button.

This Mnemonic is 12 words and is meant to restore your account. Ensure that you store this number safely for future purposes.

Note: If you misplace the 12 mnemonic words, your assets in the account will be lost forever!

Verify the Mnemonic

You will then need to verify your mnemonic by entering the 12 words in the order you saved them. If there are any errors during entry, just clear them and start over.

Import Account

You can import your account to the wallet via the Secret, keystore, and Private keys. To finish the importation of your account, you will use the Mnemonics.

Connect Cold Wallet to App

If you want to connect your cold wallet to the ELLIPAL App, you will select your account, input your details, and click ‘Connect to App Page.’

After this, you will open the app, click on assets, and use the App To scan the QR code on the wallet. Your ELLIPAL account will fully sync with the App when the scan is successful.

Alternatives to ELLIPAL

This ELLIPAL review section will discuss some excellent alternatives to the cold wallet:

ELLIPAL vs KeepKey

KeepKey is a crypto company that was established in 2015. In 2017, this firm was bought by ShapeShift, which has its headquarters in the USA. The KeepKey wallet is an ideal product that supports about 1200 crypto assets and is used in many countries.

It is smaller than most wallets and similar to a USB drive. The product comes with an aluminum case, and it’s an excellent choice for cold storage. It needs to be connected to another device for operations, and it isn’t Air-gapped like ELLIPAL.

Here is an in-depth comparison between both wallets:

Cold Storage

They are both cold wallet storage solutions because they provide storage of keys on offline devices. However, unlike KeepKey, ELLIPAL doesn’t need to be wired or use a wireless connection to connect to the blockchain. It uses QR codes, which cannot be hacked. For KeepKey, you will need to connect it to a computer through a USB cord.

User Interface

Both the ELLIPAL and KeepKey wallets have great screens for easy transactions. The ELLIPAL has a bigger screen display like a mobile phone, which makes it simpler to use than the KeepKey.

Privacy

Hardware wallets such as these store private and public keys. ELLIPAL and KeepKey allow users to set their seed phrases and PIN. On both devices, you need a 12-word pin, which must be inserted to access your Digital assets.

Trezor vs ELLIPAL

The Czech Republic-based company SatoshiLabs owns the dependable hardware wallet Trezor. This is one of the most popular crypto wallets and has been a reputable name for years. This Trezor wallet is small, which makes it easy to carry around.

Trezor operates as open-source software, meaning it can be freely used by the public. Developers can audit their code and ensure that there are no cracks or flaws.

Let’s compare the ELLIPAL wallet with the Trezor wallet in this ELLIPAL review guide:

Design

Trezor has a simple design that enables easy movement. It comes in two models: Trezor Model One and Model T. While the former has a plastic casing, the latter has a more durable case.

The ELLIPAL wallet comes in a military-grade shell that offers protection against external damage. It comes with a large touchscreen and has a unique look.

Security

Trezor comes with a security feature that helps keep your digital files safe. It comes with a secure chip that guards against hacks and malware. You need a pin code to have access to the device. A multi-factor authentication feature is provided, which acts as extra protection against external access.

However, the ELLIPAL cold wallet uses an Air-gapped system to keep digital assets safe. It also supports 2FA.

User Interface

Trezor has a simple interface and uses a combination of buttons to navigate all sections. There is also an ELLIPAL support section where you can talk to the Admin. There is a multi-language feature that makes it accessible to everyone.

The ELLIPAL has a smooth and more intuitive touchscreen, which makes it easy to operate.

Ledger vs ELLIPAL

Ledger is one of the biggest cold wallet brands in the world. They offer numerous customers a secure way to store crypto assets easily. The Ledger cold wallet includes models like Ledger Nano X and Ledger Nano S.

These Ledger products support multiple cryptocurrencies and can be synchronized with the Ledger Live app. A secure element chip can also assist users in storing private keys. It, however, requires physical authentication before any transactions are approved.

This ELLIPAL review section will elaborate on some similarities and differences between the two:

Security

Both cold wallets provide top-notch security features to protect cryptocurrencies. The Ledger Wallet uses a secure element chip known as ST33J2MO. This chip has a tamper-resistant shield, which makes hacking difficult.

However, ELLIPAL uses an Air-gapped technology that makes tampering with your Digital assets without your authorization hard. Since your ELLIPAL device isn’t physically connected to any network, it can’t be tampered with remotely.

Cost

The Ledger has three hardware models: the Ledger S Plus, the Ledger Nano X, and the Ledger Stax. These Models cost C$ 59, C$149, and C$228, respectively.

However, the ELLIPAL offers two cold wallet models: the Titan Mini and Titan. They cost C$79 and C$139.

Final thoughts on our Ellipal review

The ELLIPAL Review above discussed everything you need to know about this brand and its products. We have talked about why you should use ELLIPAL, its Pros and cons, how to use the product and related natives. Buying a cryptocurrency wallet that can securely store your Digital asset is very important.

In this ELLIPAL review, choosing the ELLIPAL cold wallet has proven to be the better choice compared to other alternatives. Although it’s a bit expensive, it’s reliable, portable, and highly secure.

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FAQs about our Ellipal review

Is ELLIPAL better than Ledger?

Yes. ELLIPAL is better than Ledger and offers better crypto technology. While Ledger has been around for years, the QR feature ELLIPAL offers is more secure and efficient.

What country is ELLIPAL from?

ELLIPAL originated in Hong Kong but has several warehouses scattered worldwide.

Has ELLIPAL ever been backed?

No. ELLIPAL has never been hacked before. The tech team behind elliptical products ensures that it is safe. There have been no data breaches reported from ELLIPAL customers.

Can you sell crypto from ELLIPAL?

Yes. You can buy and sell crypto from the ELLIPAL wallet. These transactions are done securely, and all funds are processed quickly.

What if I lose my ELLIPAL?

If, unfortunately, you lose your ELLIPAL wallet, all your Digital assets don't disappear. You only need to get a new cold hardware wallet and recover your Digital assets.

How many coins can ELLIPAL hold?

ELLIPAL supports about 10,000 coins and tiles. It also helps manage all crypto assets securely.

Does ELLIPAL work with iPhone?

Yes, ELLIPAL is compatible with iPhone devices. The firmware used to develop the wallet functions well on Android and iOS devices.

How much crypto does ELLIPAL support?

ELLIPAL supports NFTs and stores more than 10,000 coins. The app combines the functions of DAPP services and swaps.

Can you store SHIB on an ELLIPAL?

Yes. the SHIB coin can be stored in an ELLIPAL cold wallet. You can purchase a SHIB on the ETH blockchain.

Is ELLIPAL a hot wallet?

No, ELLIPAL is not a hot wallet. ELLIPAL is a cold wallet built with highly rugged components.

July 23, 2023
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