red 
Misplacing cryptocurrency recovery statements is a cause for concern.
Every day, people around the world have their cryptocurrency backup wallets stolen, lost or damaged.
for you Seed phrase It’s like the master key of your cryptocurrency.
It is the only way to recover your digital assets if your primary crypto wallet is lost or misplaced.
Apart from storing your recovery phrase in a safe place, using a Metal crypto wallet It is vital to protect your seed phrase from unexpected damage, such as fires, floods, and other natural disasters.
Enter Beatbox steel wallet: A metal plate created to store your cryptographic recovery phrase.
Join us as we explore its features and usage and compare BitBox to other alternatives.
List of contents
What is a steel crypto wallet?
Simply put, a steel cryptocurrency wallet is a physical plate or device made of metal.
It has been specially designed to safely protect your seedpods.
What is a seed phrase?
The seed phrase is a string of random words that are used to access and restore your cryptocurrency wallet.
Basically, it is a cold wallet backup that acts as a secret password to your digital assets.
Why you shouldn’t use paper
You might be thinking, “Can’t I write the initial statement on a piece of paper and store it somewhere safe?“
Well, you can, but paper is known to wear and tear over time, not to mention being vulnerable to the elements:
➡️Sensitive and flammable
- Paper is highly susceptible to fire.
➡️Water damage
- Spills, floods, or even high humidity can smear or damage ink.
➡️Wear and tear
- Over time, it will collapse. They can fade, tear, or become brittle.
➡️Easy to lose
- The paper is lightweight and can be easily misplaced or thrown away.
What are the advantages of using a steel cryptocurrency wallet?
🔥 Fire resistant: Most steel wallets are designed to withstand extreme heat, some as high as 2,100 degrees Fahrenheit.
💧 waterproof: Usually made of stainless steel, these types of recovery wallets will not rust or corrode. It is resistant to water damage.
🛡️ Durable and long lasting: Steel wallets are designed to last a lifetime.
The best coin wallets provide reliable protection for your seed phrase.
If you own any Bitcoin or any other cryptocurrency, it is highly recommended to create and store your seed phrases in a coin wallet.
BitBox steel wallet
BitBox is an encrypted hardware wallet that stores your private keys.
It was created by Shift Crypto, a Swiss company known for providing security solutions.
BitBox02 is the latest hardware wallet, accompanied by BitBox Steelwallet to restore the seed phrase back up.
| Features of BitBox Steel Wallet |
|
| to set |
|
How does the BitBox steel wallet work?
Your BitBox Steelwallet package includes two sheets of stainless steel to engrave your seed phrase, a perforation tool, and an instruction booklet.
Step-by-step guide to setup
1️⃣Prepare your seed phrase
- Make sure you have a recovery starter phrase of 12, 18 or 24 words.
2️⃣ Assemble your wallet
- Each steel plate has numbered rows, each one dedicated to a word from your seed phrase. These are columns A to Z.
- You will only mark the first four letters of each word, which is enough for the BIP39 Word List to identify the correct word.
3️⃣Engrave your seed phrase
- For each word, find the correct row number that corresponds to the position of the word in the initial phrase.
- Using the center punch tool provided, select the squares that correspond to the first four letters of the word.
4️⃣Repeat the process for each word
- Continue writing the first four letters of all the words in your recovery key phrase.
Pro Tip:
Secure your coin wallet in a safe place discreet place. Avoid shared storage areas such as drawers or cabinets.
Comparing BitBox Steelwallet to other bare metal cryptocurrency wallets
BitBox Steelwallet is a strong contender as a storage solution for recovering seed phrases.
But there are plenty of other options available with easier or even more complex settings.
Depending on your needs and what you value in terms of security, safety and ease of use, one spare wallet could be more suitable for you than another.
Here’s a look at some of the other options Store your seed phrase.
| project | 📑summary | 🔦Main features | ✅Pros | ❌cons | 💲price |
|---|---|---|---|---|---|
| Beatbox steel wallet | Steel wallet designed to store 24 word recovery seeds on two separate metal sheets. |
|
|
|
$70 |
| Bitcoin metal wallet DIY material | The coin wallet is a do-it-yourself starter that can store up to 24 recovery phrases. |
|
|
|
$59 |
| Cryptosteel capsule | Solid steel capsule designed in a puzzle-like manner. |
|
|
|
$99 |
BitBox Steelwallet Final Verdict
BitBox Steelwallet is a good choice for your backup recovery phrases if you want to have the physical security of your primary phrase in your custody.
It is a reliable ferry storage solution and is made of high quality steel to protect your ferries in extreme conditions.
However, it is important to consider the aspect Human error For this steel wallet.
Since you only type the first four letters of each word in rows and columns of letters, there is a high probability of making an error.
If you’re looking for a more cost-effective and easier setup solution, a DIY metal wallet is a great alternative.
It’s much simpler as you just write your own words on the steel plate lines.
Protect your seed phrase
Securing the recovery phrase for your crypto wallet is a no-brainer.
As the risk of physical damage, loss, and theft becomes a reality, investing in a steel backup wallet is essential to protecting your cryptocurrencies in the long term.
Whether you choose BitBox, Material DIY, or any other backup wallet, Just make sure you store it safely.
If you are interested in knowing what hardware wallets are available to pair with your recovery phrase wallet, please follow our complete guide to the best hardware wallet.
Frequently asked questions
What is BitBox Steel Wallet?
- It is a stainless steel device designed to securely store 12, 18 or 24 word encryption phrases, and is designed to withstand fire and water damage.
Why use a steel wallet instead of a paper backup?
- Paper backups can be damaged by fire or water or disintegrate over time. The steel wallet provides lasting protection against these threats.
Is it compatible with all hardware wallets?
- Yes, it is compatible with any wallet that uses the BIP39 standard.
How do I set it up?
- Use the included punch tool to mark the first four letters of each word in your seed phrase on the steel plates.
Where should I store it?
- Keep it in a safe and confidential place (not with your hardware wallet or in obvious places). A fireproof safe or safety deposit box is ideal.
