Whether you’ve been in the cryptocurrency space for some time or you’re just starting, you would agree with me that having a cryptocurrency wallet is very important. Even more important is having a wallet that rates high on security.

The SecuX v20 wallet is worthy of consideration. In a world where hardware wallets are gaining more traction because of their high levels of security, this wallet commands respect and proves to be one of the best.

This article will bring out the features of the Secux v20 wallet and show you whether or not it’s meant for you. Come on, let’s have a look.

SecuX Technology Inc., a Taiwanese company that specializes in blockchain security, developed the SecuX v20 wallet. This company deals in making innovative products for cryptocurrency transactions.

The SecuX v20 wallet is the peak of their creations but not their only product. They also made the SecuX w20 and Secux w10. 

The Secux v20 wallet can be used by anyone with an interest in cryptocurrencies. If you’re an hodler(Yes, it’s not a typo), you’ll benefit from the long-term storage security that the wallet offers.

What if you’re a trader? You’ll likely be more interested in a wallet that makes it easy to complete transactions in seconds. Not to worry, the SecuX wallet does just that. With its in-built browser and the SecuX app on Android and iOS, you’ll easily make transactions on the go.

Nothing good comes cheap, right? That could be one of the reasons the SecuX wallet is more expensive than many other hardware wallets, even Ledger Nano X. It sells for $139 at the time of writing. What is the value for money? Read on to find out.

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This is the main selling point of the SecuX wallet(or any other hardware wallet for that matter). We will now examine three different security features of the SecuX v20 wallet that make it a worthy rival in the hardware wallet industry:

EAL simply means Evaluation Assurance Level. There are seven EAL levels, with EAL7 being the most quality-assured of them all. However, in terms of crypto security, EAL5+ provides the highest defense against penetration threats. 

I hope you now understand why it is an excellent thing that the SecuX v20 wallet has an EAL5+ rating. That shows you how secure it is

The hidden wallet, as implied, is an extra wallet where you can keep the bulk of your crypto assets. Thus, in the event of an attack, you may lose a few crypto assets in your main wallet, but you’ll still have the bulk of your net worth safely stored in the hidden wallet.

It requires a unique passphrase(in addition to the 24 recovery words) for installing and recovering the hidden wallet. For everyday use, it requires a PIN code(different from the one you use for the primary account) for access and operation.

This additional security measure makes SecuX v20 stand out among its peers. 

Follow these steps:

There are two ways to connect your wallet with your computer – via USB or BlueTooth

Via USB: Before connecting to your computer with a USB, ensure that your BlueTooth is off. Also, confirm that your computer is running one of the following operating systems:

In addition, confirm that your browser is Chrome V.71+. 

Have you done all that? Alright, let’s list the next steps you’ll follow:

That wasn’t so hard, was it? Let me show you how to connect via BlueTooth

Via BlueTooth: BlueTooth connection to your computer has the same system requirements as for USB. Once you’ve confirmed that your computer qualifies, follow these steps:

SecuX v20 wallet supports the major cryptocurrencies like Bitcoin, Ethereum, Tron, Ripple, etc. It also supports ERC-20 tokens, Binance Smart Chain(BSC) tokens, TRC-10 and TRC-20 tokens

SecuX v20 wallet supports Windows 10+, Linux, Chrome OS, and Mac OS 10.13.6 on computers. Android and iOS systems are supported on phones.

The SecuX v20 wallet is one of the best hardware wallets in the markets currently. As a storage device for crypto assets, it comes with an EAL5+ certification, one of the highest security ratings in the field. There is also a hidden wallet feature that adds an extra level of security.

Even though it achieves high-security ratings, the user experience is not cumbersome. Transactions are usually fast and more visible with the large touchscreen. It is also smooth to the touch and pleasing to the eyes.

It’s not all gold, though, as the BlueTooth connectivity feature means that there is an attack vector for hackers to build on. That hasn’t happened before, but it is still something to be concerned about.

All in all, if you are looking for a portable wallet with great functionality and impressive security features, you can’t go wrong with SecuX v20.

They are both leading names in the hardware wallet industry and have certain similarities like BlueTooth connectivity, in-built browsers, USB ports, etc. However, they present with the following differences:

So, which should you go for? It depends on how much you can spare for a crypto wallet and which one has the features you look for in a wallet. Both of them are good, though, so don’t be too stuck on choosing either.

In terms of usability and functionality, these are identical wallets. The only difference is in their physical properties: Secux W20 weighs only 62g and comes in 1.3 x 8.9 x 5.9 cm dimensions. Secux V20 is 120g heavy and a bit larger at 1.5 x 9.8 x 9.8 cm.

Also, Secux V20 is $20 more expensive at $139 vs $119 price tag for Secux W20.

Read also:

 Yes, it is safe. Consider the following reasons:

First, the company behind the wallet, SecuX technology inc., is a credible one with leading innovations in the crypto world. They were voted the best cross-platform crypto wallet in 2019 by CV magazine, a UK magazine company.

Secondly, the wallet itself comes with a CC EAL5+ secure element which is quite a big deal in the wallet security department. That is the same secure element that Ledger uses and is also used by Mastercard and Visa for their debit and credit cards.

The SecuX v20 keeps your assets on a CC EAL5+ secure chip to ensure they are never exposed to the online world. After creating and backing up your recovery words, you choose a PIN code with which you can access and operate the wallet’s functions

You can also choose the ‘hidden wallet’ option under settings. There, you would have to select a passphrase in addition to your recovery words and a PIN code different from your original PIN code.

If you want to access the internet, you can do that through SecuXess, the wallet’s web application. From there, you can gain access to various DApps and utilize your cryptocurrencies as you deem fit.

If this happens, you don’t need to fret. Your assets are actually stored on the blockchain network. Therefore, as long as you remembered to back up your recovery words on a piece of paper or other forms of storage, you are covered.

You’ll need to get a new wallet and restore the existing wallet on it. Bear in mind that if you can’t recall your recovery words, there is no way SecuX can help you as they do not store your recovery words for you.

You would still be able to access your crypto assets on a third-party website using your recovery words. This is because your crypto assets and transactions are on the blockchain network, not on SecuX’s records.

Yes and No. As of writing, SecuX does not offer support for Vechain coin(VET). However, it provides support for coins built on the Vechain network. VET coins will not appear in your wallet if you transfer them. However, you can recover them by following this guide.

The post SecuX V20 & W20 Review [2022] – Is SecuX Safe & Legit? appeared first on CaptainAltcoin.

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