Coinkite’s Bitcoin Stick Opendime is not a standard crypto hardware wallet. It is a disposable hardware wallet. You can think of a gift card or a check for Bitcoin. You simply deposit funds into the wallet and give it to anyone. The receiver will be able to get private keys and claim the Bitcoins in the wallet. You can only use it once to transfer funds in complete anonymity. It has a very simple design and is super easy to use.
The company Coinkite is a leading bitcoin security expert and hardware manufacturer. The company is well known for its crypto safety expertise in hardwares and softwares. Coinkite is a Canada based company and manufactures other products in Canada. It is unclear where the Opendimes are manufactured and shipped from.
Bitcoin Stick Opendime is the first of its kind as a Bitcoin Bearer Instrument. It is not the best hardware wallet to hodl Bitcoins for a long term in Bitcoin Stick Opendime because funds can be reached without difficulty in case it is lost or stolen. Other than that, It is a very secure wallet against hacks. Noone can reach private keys without destroying the chip by sticking a needle to the hole on the device. Once the chip in the hole is broken, private keys will be revealed. Private keys will be generated, when you use and set up the device first time.
You can check the balance in the wallet without disposing of it. You can simply plug it into a USB port and follow the instruction. You will find your wallet address. When you know the wallet address, you can easily check the balance online.
Based on a total of 11 reviews across the web for the CoinKite Bitcoin Stick Opendime we gave the wallet an overall rating of 82%.
|Overall User Rating||
||10 reviews 10|
||10 reviews 10|
|Overall Expert Rating||
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The CoinKite Bitcoin Stick Opendime supports over 2 cryptocurrencies including Bitcoin and Litecoin.
Which crypto software wallets and platforms does the CoinKite Bitcoin Stick Opendime support? The CoinKite Bitcoin Stick Opendime supports several crypto software wallets including Electrum and Copay.
|Wallet name||Bitcoin Stick Opendime|
|Release date||Mar 2017|
|Package contents||3 x Opendime sticks|
|Input methods||Physically break hole in device to release bitcoins|
|FIDO U2F authentication||No|
|On screen 2FA||No|
|Memory card slot||No|
|Not battery powered||Yes|
|Total supported cryptocurrencies||2|
|Supported languages||English, French, Japanese, Portuguese-Portuguese, Simplified Chinese, Russian and German|
|Operating systems||Windows, Mac OS, Linux, Android and Chrome OS|
|Anti evil maid||No|
|Display type||2 led lights|
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