Ellipal Titan: Cold Wallet Review

Cryptocurrencies have been in the news lately, with over 300 million owners worldwide, trading and storing cryptocurrencies is a hot topic.

Securing and protecting your digital investments has never been more important as regulations and values ​​rise. Just last month, in December 2023, Bitcoin has reached its highest value It exceeded 42 thousand US dollars!

As this asset grows and gains more momentum, it has become increasingly important to keep your cryptocurrency in a reliable cold hardware wallet. This ensures that your investments are safe from hackers and other threats.

In this post, we will cover a cold hardware wallet that has gained a lot of attention in the past few years: the Ellipal wallet.

We will discuss what it is, how it works, and compare it to some other applications. Reliable hardware wallets In the market.

Read on to learn more about Ellipal Titan.

Ellipal cold wallet, what is it?

I think it’s safe to assume that if you’re into cryptocurrency, you’re well aware of the difference between cold and hot wallets. But for those new to the game, here’s everything you need to know:

Hot wallet – It relies on an internet connection to store and track your cryptocurrency. This means it is easy to hack and can be compromised.

cold wallet – Don’t rely on the internet to store your cryptocurrencies, but be careful! Some still need to connect to other apps and devices to make the initial transfer… which brings us to hardware wallets!

Hardware Wallet – A form of cold wallet that is a physical object, used to store cryptocurrencies that are not connected to the internet and do not rely on other devices for storage. There are a few options here, such as Ellipal and Material Bitcoin, Exodus Wallet or Trust WalletFor example but not limited to.

Let’s explore Ellipal Titan further and what it offers as a cold wallet.

The Titan came onto the scene in 2019 and quickly gained popularity due to its “air gap“Innovation. This makes the wallet completely offline and does not depend on internet connection or any wireless device at any time.

Ellipal Titan: Key Features

that it 100% Offline and DecentralizedUsing QR code to make transactions. No Bluetooth or USB connection required, giving you complete control over your cryptocurrency and no one else.

The Ellipal Titan uses a 4-inch IPS display and can be set up in 5 minutes. Its visual display allows you to control all your assets from the palm of your hand. It supports NFTs and 10,000 coins and tokens, including Bitcoin, Ethereum (all ERC20), Ada, XRP, and more..

For its safety and security, it has some options to keep your cryptocurrencies out of the wrong hands, for example, it has a self-destruct feature – if the device detects any tampering or hacking, This will erase all private information.Ellipal Titan also uses two-factor authentication and secret secondary “backup” wallets that you can unlock with an alternate password.

100% Offline and Decentralized

QR code is used for transactions.

No Bluetooth or USB connections needed.

Full control of your cryptocurrency

The Ellipal Titan features a 4-inch IPS display.

Can be prepared in 5 minutes

Supports NFTs and 10,000+ coins and tokens

Supported cryptocurrencies include Bitcoin, Ethereum (all ERC20), Ada, XRP and more.

Multiple security options, including self-destruct feature

Two-factor authentication for added security

Secret secondary backup wallets with alternate password

How to use and set up Ellipal’s security features

When you first receive the Ellipal Titan, It is very easy and quick to set up..

First, you need to create an account and then link your account to the Ellipal app.

In the account, tap on “Connect to App” which will take you to the connected QR codes. Select “Add Account” and simply scan the QR codes on the wallet. Select “Auto Play” to scan all QR codes to complete the cold wallet pairing process.

It’s a similar setup to other wallets, such as: Arculusledger or Bitcoin Material And many other cold wallets.

Once you’ve paired your account with the app, you can easily select and put into effect the security tools you want to use, such as self-destruct mode and a secondary secret wallet.

Ellipal Titan Pros and Cons

Deciding which wallet is the best choice for you and your cryptocurrencies can be boiled down to a simple list of pros and cons. Here’s our list of what you should consider when looking at Ellipal Titan.

Pros ✅

• It has highly secure services and unique options that you can put in place to protect your cryptocurrencies.
• Its innovative “airtight” design keeps your private keys secure and offline.
• Technical support and online help make it easy to use.
• It is durable and small in size, making it easy to carry.

Negatives❌

• It is battery operated. This means that it is your responsibility to make sure it is fully charged so that it is always on hand.
• It relies on a mobile app to manage cryptocurrencies. This can make it It is possible to say that it is not a 100% cold wallet.It also doesn’t have a web browser option for those who prefer the desktop version.
• The user is responsible for the safe storage, shipment and accessibility of the seeds. The user is also responsible for the safe storage of the seeds.
• Depending on the location, delivery times were long and expensive.

Ellipal Titan Cold Wallet User Reviews

As with anything in this world, you will always find people who either love or hate a product. We took it upon ourselves to dig deep into user reviews and reactions to understand how Ellipal Titan holds up compared to some other wallets.

Overall, reviews praise the innovation and features this feature offers as its selling point, such as this: Customer opinion From a US user:

“I researched this device very carefully and thoroughly before and after purchasing it, and I am very pleased with how the Ellipal works. If you lose it, your crypto is still safe and accessible (as long as you follow the instructions and back up your shortcuts). If you break it, your crypto is still safe and accessible. If someone steals it, your crypto is still safe and accessible. This device is a convenient way to store your private keys, is secure (completely offline/isolated from the internet), and does not present a single point of failure that would result in the loss of your crypto if it were lost or stolen (as long as you follow the instructions and back up your shortcuts).”

Or for her User-friendly and proactive customer serviceAs this user explained:

“Of course, the first rule of having a digital or physical wallet is to never lose your seed phrase and to store that phrase in a safe place as well. Also, if you want to make your crypto life a lot easier, it’s best not to forget your password. Although I unfortunately chose to make my life a little more difficult (I won’t do it again), I am truly grateful for Chris’s support who helped turn my quiet panic into confidence.”

On the other hand, you also have users commenting on terrible shipping and long delivery times, some even stating that they They never received their Ellipal Titan..

One user even mentioned that, “The app is very bad“I got Tresor the same day I got Elibal.”

This is a common complaint from users about Ellipal. That the app isn’t very good and the actual device is too small to type accurately.

This Amazon user shares:What is the use of the device if it was Touch screen registers touch input incorrectlyNow imagine that you have to enter a lot of data using a touch screen – you will end up making a lot of mistakes. Now also imagine that what you are entering is worth a lot of money – you will end up losing a lot of money.

“This is Titan Elibal. Hard Return.”

Safer Alternatives to Ellipal Titan

After delving into the Ellipal Titan cold wallet reviews, it still stands out as a great hardware cold wallet option, but as some users have mentioned, it does have its drawbacks and potential security risks for those who can’t or don’t set it up properly.

A great alternative to the Ellipal Titan cold hardware wallet is Material Bitcoin.

Just like the Ellipal Titan, it is completely offline and does not rely on an internet connection to store your cryptocurrencies. It is made of AISI 304L steel, making it flood, fire and shock resistant, and comes with a 100-year warranty.

The big thing that determines Physical Bitcoin Cold Wallet Aside from Ellipal and many other cold wallets, the feature that sets it apart is that it is not electronic. There is no electronic screen or USB that needs to be connected, keeping your private keys, seed phrases and cryptocurrencies safe and under the control of your hands only!

common questions

Is ELLIPAL Titan legit?

The ELLIPAL Titan wallet has gained a lot of popularity in the cryptocurrency community due to its high security features and support for a wide range of cryptocurrencies. The wallet design features an air-gapped solution, which means it is not connected to the internet.

Is ELLIPAL app safe?

The ELLIPAL mobile app, used with the Titan Wallet, makes it easy to sign transactions offline, reducing the risk of hacking. However, as with any cryptocurrency management app, users should always follow security best practices, such as using strong, unique passwords and keeping software up to date. And it’s still online in this regard!

Is ELLIPAL better than Ledger?

Comparing these two devices depends on what the user likes and dislikes. In general, the ELLIPAL Titan is known for its air-gapped security, making it a strong contender in terms of security. However, the Ledger has also been a popular choice for many due to its track record and reputation. However, it is important to note that the Ledger has faced challenges recently, including Security breachesThese breaches have caused many loyal users to look for other alternatives.