Ballet Wallet Review: Ballet Wallet Is Safe Or Not ?

Ballet Wallet Review: Ballet Wallet Is Safe Or Not ?

About Ballet Wallet

Ballet Wallet is a U.S. company that makes easy, safe, reliable cryptocurrency storage products. The company was founded in 2019 and is based in Las Vegas, Nevada. Ballet’s flagship product is the REAL Series cryptocurrency wallet- the world’s first multi-currency, non-electronic cryptocurrency wallet.

Ballet Wallet Points Table

BasicPoint
Wallet NameBallet Wallet
Available PlatformGoogle Play
Wallet TypeOnline Mobile Wallet
AnonymityHigh
Easy To UseVery Easy
Currency SupportedN/A
Buy/Sell FacilityAvailable
Pin Code ProtectedYes
Frequency Of UpdateOnce In A Month
PriceFree
Trust Score8/10
SupportN/A
Official LinkClick Here

How To Install & Send/Receive Coin

How To Download Wallet

Download Wallet From App Store Of Your Choice . The Wallet Available For Android & IOS Device .

How To Setup Ballet Wallet

It Is Very Easy To Setup . Click On Start Button . After Brief Information  You’ll Be Prompted To Create A Custom PIN Code .After That You Will Get Paper Key Fill It And Save This Key On Safe Place . You Are Done .

How To Send Coin From Ballet Wallet

Click On Coin Icon Which You Want To Send . Than You Redirect To Transfer Page . Just Fill Receiver Address & Fill Amount Which You Want To Send . And Click On Confirm Button . You Are Done .

How To Receive Coin In Wallet

Click On Coin Icon Which You Want To Receive , Than Click On Receive Button , You Will See Your Coin Address Copy It And Share With Payer That It

How REAL Series Works?

The Ballet REAL Series wallet is a physical cryptocurrency wallet that gives you full and exclusive control of your digital assets. A two-factor cryptographic private key is securely concealed on the physical wallet itself, which allows the wallet to function as a bearer asset like cash or gold.

The prominent feature on the front side is a QR code of the wallet’s cryptocurrency deposit address. This allows you to immediately deposit funds to the wallet without needing to set up or configure anything.

Ballet Crypto is a companion app that serves as a digital interface for physical Ballet products. The app provides all the essential functions of a cryptocurrency wallet while allowing private keys to remain securely offline.

Download, scan the QR code of the deposit address (see figure 1.) on the REAL Series wallet, you can create your virtual wallet in the app. Ballet Crypto can help you send, buy, exchange cryptocurrency, check their market value and many other functions.

How does the REAL Series compare to other crypto storage solutions?

REAL Series

Ballet Wallet gives users full and exclusive control of their private keys; the security risks faced by crypto exchanges do not apply to any Ballet products.

REAL wallets were made with decentralization in mind, so only the end users have FULL and EXCLUSIVE control of their private keys, giving them full and unfettered access to their digital assets.

Exchanges

Attackers can gain unauthorized access to users’ accounts and withdraw coins to their own wallet.

Governments can compel exchanges to freeze users’ accounts and confiscate assets for arbitrary reasons, and users have no recourse.

REAL Series

REAL Series wallets have no electronic components and cannot be connected to the internet, so the threat of hacking is eliminated.

REAL Series wallets never need updates or maintenance. Since the private key is in physical form, not digital, there is no risk of accidental data deletion or corruption.

REAL Series wallets are designed to be simple and intuitive so that Self-inflicted user error is nearly impossible.

Software Wallets

An internet connection is a potential attack vector that can be exploited to gain unauthorized access to a user’s device and the crypto wallet apps installed on it.

Software wallets also carry the risk that software bugs or errors that occur during installation and update procedures can inadvertently delete or corrupt your private keys.

Software wallets are more complex than REAL Series wallets, which increases their risk of user error.

Electronic Hardware Wallets

Electronic hardware wallets have a tedious setup process that must be done on a secure offline computer.

Electronic hardware wallets have fragile electronic components that can deteriorate over time, or become technologically obsolete in just a few years.

Electronic hardware wallets often require firmware updates. When done improperly, a firmware update can potentially damage a working device.

Electronic hardware wallets usually need to be connected to a computer in order to send a transaction, which is a potential attack vector.

Downloads Ballet Crypto

Ballet Wallet Crypto is an app that acts as a companion to your product, allowing you to manage your cryptocurrencies, check their market value and add additional ones to your wallet.

The app is a companion app to your Ballet wallet. When using the app, your assets are kept completely offline on your wallet. The app does not store the credentials of your wallet and cannot access your private key. Your assets are kept offline and no one can hack or otherwise gain access to your funds through the app.

Please note that all cryptocurrency purchase services in the app are handled by third parties. Ballet does not sell or transmit cryptocurrency in any form. By using these third party-services you agree to be bound by their terms and conditions and any applicable laws or regulations.

Features

No Account Registration

Scan the QR code on your product to start using the app. There is no need to register an account.

Real-Time Market Value

The app allows Ballet wallet customers to check the market value of their assets in real time.

Privacy Guaranteed

The app does not store your wallet’s private keys. It also does not track, store or transmit your personal or financial data outside the app.

Open-Source Industry Standard

Ballet wallets and the Ballet Crypto app use the open-source BIP38 protocol.

Functions

Deposit and Send Crypto

The app allows you to easily deposit, send and manage your cryptocurrency accounts, with safe and efficient processing of transactions. Simply follow the on-screen instructions – no hassle, no confusion.

Wallet Connect (Beta)

Wallet Connect is an open source protocol enabling the Ballet Crypto App to seamlessly connect with Dapps as well as display and sell NFTs on popular NFT marketplaces.

Store NFTs

You can now store NFTs on your Ballet wallet, transforming digital collectibles into physical form.

Activate Multicurrency

The app allows you to activate use of multiple cryptocurrencies on your Ballet product, allowing you to deposit, store, and send more than 100 kinds of cryptocurrencies. Please note: some cryptocurrency activations may require an additional fee.

Buy Crypto (Beta)

You can use a credit or debit card to conveniently buy cryptocurrency and automatically deposit it to your Ballet wallet.

Swap Crypto

The Ballet Crypto app offers an integrated cryptocurrency swap and trading service, allowing you to easily trade coins and tokens within your Ballet wallet.

Transfer Assets

Customers can transfer assets from one Ballet wallet to another using just one tap.

Import Crypto

The app allows you to easily import all of the most common private key formats to your Ballet wallet, including mnemonic words (BIP39 / BIP44 / BIP49 / BIP84 backup seed), WIF, Minikey, BIP38 and others.