A reliable hardware wallet can make all the difference in your crypto security.
From protecting your funds to losing them to hacks or scams, our SecuX V20 review will take a deeper look at this hardware wallet.
SecuX V20 Wallet – A Quick Overview
The SecuX V20 is a hardware crypto wallet that’s designed with security and ease of use in mind.
It’s considered a cold storage wallet by keeping your private keys offline and on the physical device itself.
The wallet is built with a sturdy aluminum casing, providing an extra layer of durability.
It has a large 2.8-inch touchscreen display, to easily manage your crypto portfolio from the device itself.
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Key Features of the SecuX V20 Crypto-Asset Hardware Wallet
The SecuX V20 prides itself on being a top-tier, tamper-proof hardware device.
There’s no denying that it’s a sturdy hardware wallet, with many useful features for investors managing a diverse crypto portfolio.
Security Impementation
🛡️ Military-grade security chip and tamper-proof hardware
🔐The device uses a military-grade Infineon Secure Element Chip, that securely encrypts your private keys.
🙅The wallet’s tamper-proof hardware design immediately erases your data if it senses unauthorized attempts to access the wallet.
Beginner-friendly interface
📱The SecuX V20 has a large 2.8-inch touchscreen.
🧭Its display makes it easy to navigate the interface, verify transactions, and manage your accounts straight from the wallet’s device.
Multi-Currency Support
🪙The SecuX V20 supports over 10,000 coins and tokens, such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). It also supports ERC-20 tokens, making it a great multi-crypto wallet.
The Secux V20 can be used with different exchanges. Withdraw from Coinbase or MetaMask to transfer your crypto straight to your SecuX V20 wallet.
SecuX V20 vs. W20
The SecuX V20 and W20 wallets have distinct features that are better suited to one type of crypto user over another.
The SecuX V20 has a durable aluminum casing, while the SecuX W20 has a lightweight plastic casing.
You can argue that either one is better than the other, depending on what is best for you and your crypto objectives.
Do you prefer portability or durability?
When it comes to connectivity, the SecuX W20 supports Bluetooth, while the SecuX V20 has both Bluetooth and USB connectivity.
This means you can more easily connect to a mobile device or computer to manage your accounts if you prefer.
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Given these differences, the SecuX V20 is better for you if you’re focused on security and preferences for managing your assets on a computer or other device.
Meanwhile, the SecuX W20 is much better for on-the-go users, who want a more lightweight option and don’t mind managing transactions straight from the device.
How to Set Up the SecuX V20 Wallet
Setting up your SecuX V20 hardware wallet is simple as long as you have a basic knowledge of how hardware devices function.
Luckily, by following these steps, you can quickly get started in managing your crypto portfolio.
Pro Tip: Before setting up your new device, inspect the packaging and make sure it hasn’t been tampered with.
If you suspect any foul play, contact SecuX immediately.
1️⃣ Power On the Device
- Press and hold the power button on the SecuX V20 until the screen lights up.
- Select your preferred language and press Get Started.
2️⃣ Create a Secure PIN Code
- Create a PIN code of 4-8 digits. This code will be required every time you access the wallet.
- Confirm the PIN by entering it again.
3️⃣ Create a Device Name & New Wallet
- Create a name for your device using 1-15 lowercase and uppercase letters and hit Next.
- Press Yes to set up the device as a new wallet.
🚨Read the Important Notice.
4️⃣ Backup Your Recovery Words
- The wallet will generate a 24-word recovery phrase.
- Store these words in the exact order on a secure, offline 24-word Bitcoin wallet, like Material DIY.
❗Do not share or store these words digitally, EVER!
Your SecuX V20 hardware wallet is now ready to use!
Once your SecuX V20 wallet is set up, you need to download and sync the device to the SecuX Mobile App or Web App.
Download the SecuX Mobile App from the App Store or Google Play, or use the SecuX Web App on your computer.
Connect your wallet via Bluetooth for mobile devices or USB for desktop use and follow the on-screen prompts to pair your wallet with the app.
After pairing, you can add and manage your crypto.
SecuX V20 Reviews and Case Uses
The SecuX V20 hardware wallet caters to many needs.
It’s ideal for frequent traders and those who require on-the-go access and management.
As pointed out by YouTuber Nordic Crypto with his SecuX V20 Review, the hardware wallet has a great touchscreen that makes using the device easy and perfect for managing transactions.
He also mentions that the mobile app is seamless and user-friendly, however, one big downfall of the SecuX V20 is that it can be complex for crypto beginners.
Not to mention, the wallet’s price point is pretty high, retailing at $139.
He continues to point out that the network fees are notably higher than actual blockchain transaction fees.
Another notable crypto influencer is Crypto Guide which scarily points out a fault of the device’s app and malware that can easily send a fraudulent message to your wallet.
For those who are not well-versed in crypto security, it’s easy to fall victim to these types of cyber scams and frauds.
Security Risks of Using an Electronic Hardware Wallet vs. Cold Card Storage
While electronic hardware wallets like SecuX V20, offer convenience and advanced features, they come with obvious security risks compared to cold card storage.
Yes, the SecuX V20 is Certified CC EAL5+ putting it above many other hardware wallet competitors.
However, one key concern with all hardware devices that have their own electronic components or rely on separate devices to function, is that those devices can be hacked or compromised.
Another vulnerability is the wallet’s software itself.
Since electronic wallets rely on firmware updates and proprietary apps (not open source), any software issue or malicious update could mean bye-bye to your crypto forever.
Additionally, electronic wallets depend on batteries or internal power sources.
Over time, the battery degrades and can limit usability.
If a device fails due to power issues, recovering stored crypto might become impossible.
So, what’s the solution?
➡️Cold card storage!
As they operate entirely offline, it eliminates hacking risks or compromised software.
Not to mention that they don’t have batteries that can degrade, meaning that cold metal wallets are perfect for long-term HODL.
Cold Non-Electronic Wallets
Finding the best cold wallet that doesn’t rely on any electronic components is your optimal choice for the safety and security of your crypto.
Setting up a cold crypto wallet is easier than you might think, as many of them do not require any pairing to external devices or syncing with apps.
It’s that easy.
For the best beginner-friendly, durable, and safe cold Bitcoin wallet, a great alternative is Material Bitcoin.
Paired with the Material DIY cold wallet backup, your Bitcoin will be safe for long-term hold.
Is the SecuX V20 the Right Wallet for You?
The SecuX V20 is a decent choice for those who want access to a multi-crypto wallet that permits multiple accounts.
Its durable aluminum casing and military-grade security features make it a good contender as an electronic hardware wallet.
Its large touchscreen interface makes completing transactions easy and is perfect for on-the-go traders.
Pros and Cons of the SecuX V20
| Pros | Cons |
|---|---|
| Durable aluminum casing for maximum protection | Bulky and less portable |
| Military-grade security chip and tamper-proof hardware | Higher price point compared to competitors |
| Large 2.8-inch touchscreen for easy navigation | Proprietary software, not fully open-source |
| Supports 10,000+ coins and tokens, including major cryptocurrencies | Requires regular firmware updates |
| Dual connectivity with Bluetooth and USB | May be complex for complete beginners |
The Final Verdict of Our SecuX V20 Review
As we’ve mentioned before, the SecuX V20 is a good hardware wallet for certain types of investors who want access to thousands of cryptocurrencies and tokens, while being able to manage their portfolios from anywhere.
But, if you are looking for a simple way to secure your crypto with the absolute best privacy and security features available, then a non-electronic cold wallet is the only way to go.
FAQs
What coins does the SecuX V20 support?
- It supports 10,000+ coins and tokens including Bitcoin, Ethereum, Cardano, and ERC-20 tokens.
Can I use it with mobile and desktop devices?
- Yes, it supports Bluetooth for mobile and USB for desktop.
Is the SecuX V20 beginner-friendly?
- The touchscreen is easy to use, but beginners may need setup guidance.
How secure is the wallet?
- It features military-grade encryption, tamper-proof hardware, and PIN protection. However, there have been issues in the past with firmware and malware attacks.
How much does the SecuX V20 wallet cost?
- The SecuX V20 retails for $139, making it more expensive than other comparable hardware wallets.
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