Arculus Wallet Review: Pricing, Supported Currencies, Security, Ease of Use
Petar Jovanović
Are you looking for a secure and reliable way to store your digital assets? Look no further than the Arculus wallet for iPhone and Android. Developed by CompoSecure, this cold wallet offers top-of-the-line security measures and ease of use for those interested in maintaining control over their private keys and assets.
With support for 57 cryptocurrencies and NFTs, the Arculus Key Card is a tap-to-transact card that provides the safety of a cold storage wallet.
In this review, we’ll take a closer look at the features and benefits of the Arculus wallet. From its supported cryptocurrencies to its comparison to competitors, we’ll cover all the details you need to know to make an informed decision about whether or not this wallet is right for you.
Plus, we’ll delve into the security measures in place to ensure your assets remain safe and secure, as well as the ease of use and pricing options available.
So, let’s dive in and explore the world of Arculus.
| 📌 Topic | 📝 Summary |
|---|---|
| 🔐 Security | Arculus wallet offers top-notch security measures. It uses a multi-factor authentication method that includes NFC technology and a key card system. The private keys are stored only on the key card, making it practically impossible to hack the wallet from afar. |
| 💱 Supported Cryptocurrencies | Arculus supports 57 different cryptocurrencies and NFTs, ranging from Bitcoin to Shiba Inu. They also allow buying and selling of over a dozen cryptocurrencies and altcoins, with plans to add more in the future. |
| 🆚 Comparison to Competitors | Compared to competitors like Ledger and Trezor, Arculus supports a smaller selection of cryptocurrencies. However, its simplicity and ease of use make it an attractive option. Another competitor, CoolWallet, also uses a physical key card and mobile app but requires charging, unlike Arculus. |
| 📱 Ease of Use | The Arculus wallet has a user-friendly interface with a mobile app available for both Android and iOS devices. The app requires multi-factor authentication, but the process is straightforward and quick. The Arculus team also provides excellent customer support, available 24/7 via email. |
| 💰 Pricing and Discounts | The Arculus Key Card costs $99, which is comparable to other popular hardware wallets like Ledger and Trezor. |
| ❓ Frequently Asked Questions | The Arculus wallet can hold up to 57 different cryptocurrencies. The wallet can be used offline, and it has a recovery process in place if both the phone and card are lost or stolen. |
| 🎯 Conclusion | The Arculus wallet is a solid option for those looking for a secure and easy-to-use cold storage wallet for their cryptocurrencies and NFTs. However, it’s currently only available for iPhone and Android users, and its pricing may be a bit steep for some compared to other cold storage wallets on the market. |
What you'll learn 👉
Wallet Overview
Provided is an overview of the hardware device and accompanying mobile application, highlighting the key features of this secure and user-friendly solution for managing digital assets.
The Arculus wallet is a cold storage hardware wallet that offers a safe and simple way to store private keys and digital assets. Its hardware design includes a key card system that makes security easy, combining the ease of use of a tap-to-transact card with the safety of a cold storage wallet.
The front of the Arculus Key Card is made of stainless steel and has the Arculus logo on it, while the back is made of plastic, which allows the NFC signal from the phone to pass through when the card is near it.
The mobile app experience is smooth and user-friendly, making it easy to move crypto into and out of your wallet. The app requires a lengthy twelve-phrase security code that cannot be copied, and the card needs to be paired via NFC, with an in-app animation making it clear where to tap.
The app authenticates via Face ID or Touch ID, depending on the device, ensuring maximum security. The hardware is solid, and the key card system reduces the odds of hardware failure. However, the software has much left to add, and the list of supported currencies can be limiting.
Overall, the Arculus wallet is a secure and user-friendly solution for managing digital assets.
Supported Cryptocurrencies
If you’re curious about which cryptocurrencies you can store with this hardware, Arculus supports 57 different cryptos and NFTs, ranging from Bitcoin to Shiba Inu. They also allow buying and selling of over a dozen cryptocurrencies and altcoins, with plans to add more currencies in the future.
While the selection may not be as extensive as the top competitors like Ledger or Trezor, Arculus’s crypto availability is still impressive, especially considering their recent addition of NFT support.
For investors looking to diversify their portfolio, Arculus’s crypto selection may be a limiting factor. However, the company has already shown plans to expand their offerings, indicating that they are committed to adapting to the ever-changing cryptocurrency market.
In addition, the potential impact of Arculus on portfolio diversification should not be underestimated, as the ability to securely store a range of cryptocurrencies and NFTs in one device can help simplify and streamline an investor’s overall strategy.
| Cryptocurrency | Type |
|---|---|
| Bitcoin | Cryptocurrency |
| Ethereum | Cryptocurrency |
| Shiba Inu | Cryptocurrency |
| USD Coin | Stablecoin |
| Binance Coin | Cryptocurrency |
| Dogecoin | Cryptocurrency |
| Solana | Cryptocurrency |
| Polkadot | Cryptocurrency |
| Chainlink | Cryptocurrency |
| Litecoin | Cryptocurrency |
| Uniswap | Cryptocurrency |
| Avalanche | Cryptocurrency |
| Cosmos | Cryptocurrency |
| Wrapped Bitcoin | Cryptocurrency |
| Filecoin | Cryptocurrency |
| SushiSwap | Cryptocurrency |
| Polygon | Cryptocurrency |
| Maker | Cryptocurrency |
| Terra | Cryptocurrency |
| Theta Network | Cryptocurrency |
| PancakeSwap | Cryptocurrency |
| Compound | Cryptocurrency |
| Aave | Cryptocurrency |
| Kyber Network | Cryptocurrency |
| DAI | Stablecoin |
| Ren | Cryptocurrency |
| Ocean Protocol | Cryptocurrency |
| Serum | Cryptocurrency |
Comparison to Competitors
Compared to its competitors like Ledger and Trezor, Arculus supports a smaller selection of cryptocurrencies. But with 57 different cryptos (with more on the way) and NFTs, it still offers an impressive range of options for investors.
Ledger, for example, supports over 5,000 different cryptos and tokens, while Trezor supports over 1,000. However, Arculus’s simplicity and ease of use make it an attractive option for those who want a secure hardware wallet without the complexity of other options.
CoolWallet is another alternative to Arculus, as it also uses a physical key card and mobile app for three-factor authentication. However, CoolWallet requires charging, while Arculus does not. Additionally, CoolWallet Pro, which offers in-app NFT integrations and more crypto support, costs $149, while the basic CoolWallet S costs $99, the same as the Arculus Key Card.
Overall, while Arculus may not have the same level of support for cryptocurrencies as its competitors, its combination of security, simplicity, and range of options make it a strong choice for investors.
Security Measures
Now let’s dive into how you can keep your digital assets secure with the strong security measures of this cold storage hardware.
Arculus employs a multi-factor authentication method that makes it practically impossible to hack the wallet from afar. The wallet uses NFC technology to facilitate one of the three factors of authentication when tapping the Arculus Key Card to the phone. Plus, your private keys can only be found on your key card, giving you complete control over your digital assets.
In addition, the three-factor authentication method used by Arculus makes it a very safe option for maintaining control over private keys and digital assets. The key card for authentication reduces the odds of hardware failure, and the NFC technology used in the process also reduces the chance of hardware failure.
The wallet has no WiFi, Bluetooth or USB/cord connections like other hardware wallets, making it more secure than its competitors.
Overall, with the combination of key card authentication, multi-factor authentication, and NFC technology, Arculus is a very secure way to store and manage your cryptocurrencies and NFTs.
Read also:
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- Keystone Pro vs Ledger Nano X: Design, Security, Compatibility, Pricing Compared
- Safepal Cypherseed Review: Guide to Secure and Durable Cryptocurrency Storage
Ease of Use
You’ll love how easy it is to use this cold storage hardware, with a slim card design that can be stored anywhere safe and a simple six-step setup process.
The Arculus wallet has a user-friendly interface that makes it easy to manage your digital assets. The app is available for both Android and iOS devices, and the hardware wallet pairs with your phone via NFC. The app requires multi-factor authentication, but the process is straightforward and quick. Once you unlock the app, you can manage your crypto and NFTs with ease.
The Arculus team also provides excellent customer support, available 24/7 via email. The team responds quickly and is always ready to assist you with any issues you might encounter. The wallet’s FAQ section is also comprehensive and provides detailed answers to common questions.
The wallet’s simplicity makes it an excellent option for beginners who are new to crypto and want a hassle-free way to store their digital assets. Overall, the Arculus wallet offers a user-friendly and secure way to store your digital assets, making it an excellent choice for anyone looking for a cold storage hardware wallet with mobile compatibility and excellent customer support.
Pricing and Discounts
If you’re looking for a great deal on a cold storage hardware wallet, you’ll want to know about the pricing and discounts available for Arculus.
The Arculus Key Card costs $99, which is comparable in price to other popular hardware wallets like Ledger and Trezor. However, if you’re interested in purchasing an Arculus wallet, you may be able to take advantage of some discount options.
Overall, while the Arculus Key Card is priced similarly to other hardware wallets, the company offers some great discount options and referral programs that can help you save money on your purchase.
Frequently Asked Questions
Conclusion
Overall, the Arculus wallet is a solid option for those looking for a secure and easy-to-use cold storage wallet for their cryptocurrencies and NFTs. Its support for 57 different digital assets and tap-to-transact functionality make it a convenient option, while its metal construction and biometric authentication provide top-notch security measures.
However, it’s important to note that the Arculus wallet is currentlyavailable for iPhone and Android users, which may limit its audience. Additionally, its pricing may be a bit steep for some, especially compared to other cold storage wallets on the market.
Overall, if you’re an iPhone or an Android user looking for a reliable and secure way to store your digital assets, the Arculus wallet is definitely worth considering. Its combination of convenience and security make it a standout option in the world of cryptocurrency wallets.
In one section you say it’s iOS and Android but in conclusion you say iOS only. I googled it and they support both OS.