Hardware Wallet KeepKey Integrates Ethereum, Adding It To Bitcoin, Altcoins
KeepKey, a secure hardware wallet designed to optimize Bitcoin and altcoin storage, transfer and trading, has completed the integration of Ethereum.
Darin Stanchfield, the CEO at KeepKey, revealed that its users increasingly proposed the integration of Ethereum, considering that the digital asset has a market cap of $800 mln and a solid user base.
“Of all the assets we get asked to support on KeepKey, Ethereum is by far the most requested. It’s a massive project with a huge following and we are thrilled to release our public beta on Friday. The KeepKey and KeepKey Chrome Extension will be the first hardware wallet and application that supports Bitcoin, Litecoin, Dogecoin and Ethereum in one single user interface.”
User Account Security
Vitalik Buterin, co-founder of Ethereum, explained that the integration of Ethereum by KeepKey significantly enhances and increases security measures for Ethereum users. Buterin stated that user account security is one of the major problems that has to be targeted for digital currencies and assets like Bitcoin and Ethereum to reach mainstream adoption.
“User account security is one of the most important problems that must be dealt with for Blockchain technology to achieve mass consumer adoption, and we highly welcome efforts like KeepKey that aim to solve this challenge,” said Buterin.
For most Ethereum users, KeepKey’s latest update is also expected to ease altcoin trading and conversion.
On Aug. 16, KeepKey partnered with ShapeShift to enable Bitcoin and altcoin trading directly from KeepKey hardware wallets. This partnership allowed KeepKey users to purchase and sell altcoins without having to deal with external wallets and platforms.
With KeepKey’s support for Ethereum, users can now trade Ethereum on ShapeShift from their KeepKey hardware wallets.
Bitcoin Black Friday Offering
Ledger, another prominent Bitcoin hardware wallet provider, has also announced its support for Ethereum. The two companies, Ledger and KeepKey, both noted that the integration of Ethereum is a part of their offering to the community for the Bitcoin Black Friday event.
In addition to the integration of Ethereum, KeepKey announced that all users will benefit from a 20 percent sale for 24 hours beginning at 8 am EST on Nov. 25.