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The BitBox02 is as available as either a Bitcoin-only edition, or the multi-edition wallet reviewed here—which, as its name suggests, is able to store multiple different cryptocurrencies. Both cost CHF Like most hardware wallets, the BitBox02 comes in a thumbstick-like form factor, which makes it both portable and somewhat resistant to damage. The BitBox02 is definitely one of the smaller hardware wallets we have seen. Its casing appears to be constructed almost entirely out of plastic—making it something of a scratch magnet.
Nonetheless, the device feels sturdy enough, despite weighing just 12g. The BitBox02 packaging comes vacuum-sealed in a plastic bag, which minimizes the chances of the item being tampered with as it passes through the supply chain. The BitBox02 also comes supplied with a 50cm long USB-C extension cable, a pack of multi-colored keychains, and a sheet of stickers.
In terms of documentation, the package contains a warranty and compliance card, and a getting started manual. One of the chief concerns surrounding many hardware wallets is usability. When hardware wallets first hit the market back in , they were clunky to use and had a poor overall user experience.
The BitBox02 is an excellent example, thanks to its unique touch controls. The five touch sensors built into the frame of the device are used to detect sliding, tapping and pinching motions which can be used to navigate through menus, show more information and confirm selections. Although this system might be unfamiliar to those used to using hardware wallets with physical buttons, we found it both intuitive and surprisingly accurate.
Like most hardware wallets, the BitBox02 needs to be connected to a device running an app to use. Through the BitBoxApp, BitBox02 owners are able to manage their device, initiate transactions, update their firmware and more, with all sensitive actions requiring confirmation on the BitBox For those who keep a desktop computer tucked away, even the supplied 50cm USB cable might not be long enough to keep the BitBox02 within reach.
The BitBox02 set up process is one of the simplest we have encountered to date, and should take less than five minutes to complete. First head over to shiftcrypto. Once connected, the BitBox02 will be detected by the app and you will likely be prompted to update the firmware—a process that takes just one click and completes in under a minute. Once completed, both the BitBox02 app and the BitBox02 device will display a pairing code; if this code is the same on both screens, tap the top right of the BitBox02 to complete the pairing process.
Now, you will be prompted to select a password. To select the characters for your password, simply tap beneath the desired character to expand the selection, and tap again to select the character you want. The device is now ready to use! As mentioned above, the BitBox02 stores a wallet backup on the supplied microSD card. Once this backup is made, the microSD should be stored separately from the BitBox02 device, and should only be retrieved to manage or restore a backup.
Because of this system, the BitBox02 is safer to use than many other hardware wallets, since these typically only allow wallet recovery by using a mnemonic phrase. Through the app, users have access to a range of additional features, including the option to connect to custom full nodes and connect to the network via Tor. Once set up, BitBox02 multi-edition users have access to both legacy and SegWit wallets for Bitcoin and Litecoin, as well as an Ethereum wallet, whereas BitBox02 Bitcoin-only edition owners will only have access to Bitcoin wallets legacy and SegWit.
This makes the device compatible with the latest phones, laptops and desktop computers, while the supplied USB-C to USB-A converter means it can still be used with older hardware. After backup, it is recommended to keep the micro-SD card separate from the BitBox, unless you want to manage the backups.
It is important to store the SD card securely, as the backup is not protected by a password. This gives everyone with access to the SD card also access to the cryptocurrencies Later you can also display the recovery key in the form of 24 words in the settings. Also the easy handling makes the process easy. The control of the BitBox02 has been fundamentally revised. For example, there is no longer just a touch button like its predecessor, but five sensors on each side that react to touch.
This allows you to use typing, swiping and holding gestures to type words or sign transactions. Feedback is displayed directly on the integrated display. The touch gestures work very reliably and are really fun with the hardware wallet The display always remains clearly visible and the visual feedback fits perfectly with the gestures.
The software has also been fundamentally revised and is now the new standard for both the predecessor BitBox01 and BitBox Each page of the BitBox app has its own help section. The software is clear and well structured. For each page there is a help area that you can open. This provides answers to the most frequently asked questions specifically for the current screen. There are also additional features for experienced users.
For example, it is possible to activate Coin Control. This adds a privacy-enhancing feature by choosing which unspent transaction spending UTXO you want to use for a transaction. The MultiSig option no longer exists. Mobile use is also planned, for Android the version is currently still in beta.
The following cryptocurrencies are currently supported by the Multi Edition, with continuous work on further coins:. Here at Inivty you can see all Bitcoin and Altcoin prices from many exchanges in real time, compare rates and buy instantly. You can then easily send the purchased cryptocurrencies to your hardware wallet: compare prices here.
The BitBox02 comes with a quick start guide that explains the first steps of setup and the gestures of touch control. In addition, there is an extra help section for all products from Shift Cryptosecurity AG, which leads one step by step through all topics. Everything is explained, from unpacking and setup to the exact functions and, if necessary, with videos and screenshots.
All articles are written in English. However, if a question remains unanswered, there is a contact form in the help section or you can also reach the team by e-mail. Shiftcrypto itself says that they have developed both the hardware and firmware of the BitBox02 from scratch, based on all the insights they have gained from the BitBox A hardware wallet is the most secure way to store cryptocurrencies. This is because these devices store the private keys that provide access to your cryptocurrencies.
Only a hardware wallet can effectively protect private keys through numerous security measures. Even though all hardware wallets are considered very secure, there are small differences between each model. Security features include securely verifying transactions, receiving addresses, and other data on the built-in screen by acknowledging gestures tap, swiping, and holding. The password is also entered directly on the device instead of in the BitBoxApp.
To avoid brute force attacks, a monotonous counter in the secure chip limits the total number of attempts on device password inputs. The BitBox02 only accepts firmware signed by Shift Cryptosecurity. The boot loader prevents firmware downgrades and the installation of firmware for another output of BitBox02 multi or bitcoin only.
The encrypted seed is stored on the microcontroller unit MCU , which is protected by both the secure chip and the device password chosen by the user. The BitBox02 uses multiple entropy sources to generate the seed. The firmware of the BitBox02 is open source. Each device is authenticated at the factory setup, and the BitBoxApp checks the authenticity of your device each time.
USB communication between the app and the device is encrypted to protect against malicious USB cables and software stacks. In the BitBox02 threat model the company discloses in detail what attack options exist and what measures they have taken against it. Stay up to date about hardware wallets with my free newsletter. You will receive information about promotions and important news, such as security updates.
FAQ That is not a problem. You can restore your accounts to a new hardware wallet using the recovery key you wrote down when you set it up. Yes, an Internet connection is required to synchronize the hardware wallet, send transactions and retrieve the last exchange.
Use the principle of plausible deniability. When you activate the optional passphrase function, you will be prompted for a passphrase after entering the BitBox password. This option can be used to derive different wallets. This means each passphrase opens a different wallet. Coins deposited on a wallet derived from a passphrase can only be restored from the backup if the passphrase option is enabled and the same passphrase text is entered.
This is an advanced feature for experts. Most wallets support more than just one cryptocurrency, but only generate one backup. Nevertheless, this one backup is sufficient to restore all cryptocurrencies as all private keys of the different wallets result from the seed that is backed up as a backup during setup.
They are a special form of a so-called wallet, which is used to manage cryptocurrencies. A hardware wallet is a physical device that securely and inisolationly generates the private keys to the cryptocurrencies. Due to the extra hardware, they have some advantages over software wallets:. However, it is important to understand that hardware wallets are an attractive target for attackers and depend on several assumptions to maintain security.
They are not a miracle weapon, and there are several realistic ways to hack a hardware wallet Especially if someone has physical access to the device. The BitBox app is also available in different languages. You can change the language in the bottom right corner of the software during setup. The firmware of the hardware wallet is only available in English.
But the text that is displayed directly on the hardware wallet is not very extensive. A new cryptocurrency is rarely supported directly by a hardware wallet at the beginning. Therefore, it is often worth waiting until the desired currency is supported by your hardware wallet. It is only necessary to set up the hardware wallet and generate an address of the corresponding cryptocurrency. Cryptocurrency can now be sent to this address on the desired cycle on a regular basis without the need for the hardware wallet.
The address does not expire. Are my cryptocurrencies stored in the hardware wallet, or where exactly are they? This is a very good question because the answer defines what your wallet actually needs to protect. Cryptocurrencies are so named because they are secured by cryptography. For this you need a set of digital keys, for example your very secret private key.
With this key you can encrypt and digitally sign things. The entire Bitcoin network is kept up to date by a common data structure called the blockchain. It contains records of all transactions ever made and is publicly accessible online, so anyone can read it.
When you receive some bitcoins, say 0. At the same time, the bitcoins are not actually stored in the wallet, they are just an entry in the public blockchain. What the wallet stores is your secret private key that belongs to that address. Anyone can see these bitcoins, but only you can spend it, so they are yours.
Therefore, it is very important to keep this key secret. What stops the manufacturer of your hardware from using a backdoor and simply stealing your cryptocurrencies? How much do you have to trust hardware wallet manufacturers? Most of the software code of many hardware waller manufacturers is open source, i.
Anyone can check how the device works and how secrets are handled.
Learn more Buy now. Best for beginners. See all reviews. Stay in control of your coins Get started in 5 minutes Setup your BitBox02 in moments. See all supported cryptocurrencies. Advanced features for power users The BitBox02 is simple yet powerful.
See all the features. Which version is right for you? Everything you need to start your crypto journey Multi-cryptocurrency hardware wallet and U2F authenticator. See all supported cryptocurrencies Explore the BitBox For those who only want to hold Bitcoin The BitBox02 for the pure bitcoiner. Explore the Bitcoin-only edition. Explore the BitBoxApp. Featured in.
Get involved Our mailing list covers developments and releases about our growing ecosystem of open-source products. Swiss precision Known for its precision engineering and attention to detail, Switzerland produces some of the highest quality products in the world. Learn more about us. Crypto firmware runs directly on secure chip, which is protected with "non-disclosure agreements" and prohibits release of program code.
Dual chip design using a secure chip. Protection against attacker with physical access to the device is out-of-scope. No receive address verification, change outputs are shown for verification but user cannot distinguish it from an unauthorized address. Cannot automatically verify that the co-signers are safe, must be manually checked for every receiving transaction.
Fast and simple setup. Backup instantly on microSD card, no need to write seed words. No instant microSD card backup, must manually write down recovery words. Instant backup and recovery with microSD card, optionally write down recovery words. See full comparison. Read more.
Checkmark BitBoxApp and firmware are fully open source. Crossmark Crypto firmware runs directly on secure chip, which is protected with "non-disclosure agreements" and prohibits release of program code. Checkmark Web wallet and firmware are fully open source.
Checkmark Dual chip design using a secure chip. Checkmark Fully trusts secure chip only. Crossmark Protection against attacker with physical access to the device is out-of-scope. Crossmark No receive address verification, change outputs are shown for verification but user cannot distinguish it from an unauthorized address. Launched in the fall of , the second generation Trezor hardware wallet features some much-needed improvements. However, the Trezor Model T also comes with greater electronic complexity: the bill of materials lists parts, while the schematics are more elaborate and sophisticated.
To make up for it, the build instructions are also more detailed and feature more pictures to guide you along every step. The fact that the parts are general-purpose and easy to find online should provide a great amount of plausible deniability in authoritarian states, and the extra features will make the supplementary effort worthwhile as compared to the more simple Trezor One.
Only BIP39 setups will do. Launched in the fall of , the BitBox02 is a spin on the original Trezor design which brings some notable hardware and software modifications. So if you want to take your physical security to the next level, you should consider building a BitBox In terms of software, the BitBox02 makes use of Schnorr signatures to verify the integrity of the software and prevent supply chain attacks.
The system is called anti-klepto and, even though it may not seem very relevant for someone who builds their own hardware wallet, it is still a great self-verification tool which prevents outside meddling with the code. Learn more about this security mechanism from this interview with ShiftCrypto software developer and researcher Benma.
To help you build your own BitBox02, ShiftCrypto has published a bill of materials which should be updated to include the ATECCB chip which has replaced the A in , an extensive datasheet , the circuit board schematics , and even an X-ray picture that should help you figure out how to connect every part to the board.
The guide is not as detailed as in the case of the Trezor hardware wallets, but any experienced hobbyist should be able to figure it out. But due to supply chain issues in the microchip industry, it currently seems to be out of stock on some of the most popular retail websites and will most likely sell at a premium due to scarcity. And yes, your BitBox02 will work with Wasabi wallet.
But just like the Trezor devices, you will have to connect to the native software in this case, BitBoxApp in order to perform firmware updates. Well, no. We feel their pain and we would hate to be in their shoes. Why is every Bitcoin skeptic citing its lack of utility as its biggest flaw? Articles Education. Why is DIY better?
BitBox BitBox02 - это аппаратный кошелек, разработанный и изготовленный в Швейцарии. Он оснащен дисплеем OLED и сенсорными датчиками. Продолжительность. BitBox02 Multi edition поддерживает такие монеты как Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) и ERC Резервные копии автоматически сохраняются на.