Outside of exchanges, few cryptocurrency industries are as prosperous as custody. At this stage in Bitcoin’s lifespan, trading crypto and storing crypto appear to be the most popular use cases for crypto – in that order. As a result, a thriving aftermarket for crypto storage solutions has sprung up, both custodial and non-custodial, hot and cold, online and offline. Card Wallet from Coinfinity is the latest product to enter the fray, providing a secure way for storing BTC and ETH offline.
Also read: Developer Reveals Token Reward Platform Fueled by Bitcoin Cash
Cold Storage Is Hot Right Now
As the dangers of storing funds online in custodial wallets and exchanges have been emphasized through a plethora of hacks and exit scams, the cold storage business has boomed. From hardware wallets resembling fancy thumb drives to devices disguised as calculators and credit cards, the range of ways to self-custody digital assets seems endless. The simply named Card Wallet by Coinfinity does exactly what it sounds like. On the surface, this plastic card looks like an extremely low-tech way to store bitcoin core or ether, but its unprepossessing exterior is deceptive. Peer a little closer at the credit card-shaped wallet and you’ll notice some interesting details.
There are all kinds of anti-counterfeiting measures at play on the Card Wallet’s service, including microprinting and continuous color gradient techniques, giving it a look more akin to cash. The banknote-based design makes sense once you learn that Coinfinity – Austria’s first Bitcoin company – developed this device in conjunction with the Austrian State Printing House. They’re best known for printing passports, a skill they’ve refined over the course of 200 years, and thus know
