The new Billfodl recovery seed phrase tool has been launched alongside several popular offline wallets from The Crypto Merchant, to help users secure their cryptocurrency against the loss of their passwords, or losing the wallet itself.
More information about The Crypto Merchant, crypto wallets, and the Billfodl Recovery Seed Phrase tool can be found at https://www.thecryptomerchant.com/collections/billfodl
Traders and crypto investors can secure their recovery seed phrase against shock, fire, and water damage, using the new Billfodl recovery tool. Manufactured out of 316-marine grade stainless steel, the device has been thoroughly tested to ensure it can withstand up to 1,000,000 volts, house fires, and natural disasters.
Traditional currency, once gone, is not possible to recover. In the event of a flood, fire, or disaster, any physical cash that may be destroyed is gone forever. The same is not true for cryptocurrency, which can be recovered no matter how much damage is done to its storage device, as long as the user still has their recovery seed phrase.
The new design from Billfodl uses laser engraving to mark each of the 360+ included steel tiles with letters and numbers that can withstand most disasters, and remain clearly legible. The device can store BIP39 12, 18, or 24-word recovery seeds, private keys, or any other sensitive information, with an average set-up time of less than ten minutes.
Since a recovery seed phrase can help to restore a lost, stolen, or damaged wallet, they are often considered essential and are available alongside many of the most popular storage devices. The Billfodl recovery tool can be purchased individually, in four-packs, or bundled with top wallets from Trezor and Ledger.
According to The Crypto Merchant, Billfodl is used by many cryptocurrency industry leaders, such as Ledger, Blockstream, and Coinbase, to protect their recovery seed phrases. While these phrases can be written on paper, experts recommend against this, since the paper can easily be damaged or destroyed, resulting in a total loss of access to the user’s wallet.
One satisfied trader said, “Exactly what I was looking for. This is solidly built. I expect future archaeologists to discover this 1,000 years from now and be baffled by what the chain of words means.”
More information about securing cryptocurrency against natural disasters, and restoring lost, stolen, or damaged wallets, can be found at https://www.thecryptomerchant.com
The Crypto Merchant
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No PITCH SCOOP journalist was involved in the writing and production of this article.