Ballet Crypto Wallet Review

If you're new to the crypto space, finding a secure and reliable wallet is essential. With so many options available, choosing the right one can be confusing. So, in this Ballet crypto wallet review, I'll delve into a promising device that could be the solution you're looking for.

As an offline, or "cold storage", wallet, Ballet competes with other popular choices like Ledger Nano X and Ledger Nano S Plus. By examining its strengths and appealing features, I'll highlight what makes this device stand out as a good option in this competitive market.

Verdict at a glance: The Ballet crypto wallet is a self-custody, cold storage solution ideal for basic crypto management on the go. Its simplicity, portability, and intuitive app make it easy to set up and use, especially for beginners. However, its design and portability also make it more susceptible to damage, loss, or theft.

What Is Ballet Crypto Wallet?

Before discussing its features, let’s start this Ballet crypto wallet review by explaining what it’s all about.

Bobby Lee, a well-known figure in the crypto space, is the brain behind Ballet. He believes secure and user-friendly storage solutions are key to wider cryptocurrency adoption, and that's precisely what Ballet wallets aim for.

Moreover, the company behind this hardware device takes a simple approach, offering a physical card as a non-electric storage option for your digital assets. This simplicity benefits those, who may not have advanced technical knowledge of cryptocurrency or blockchain technology. As a result, making it more accessible to a broader audience.

The Ballet crypto wallet takes the form of a physical card to provide a sense of convenience. You can even think of it as a credit card-shaped crypto wallet to keep your private keys safely offline.

In addition, the wallet is supported by the Ballet Crypto mobile app. It features a user-friendly and intuitive interface, making storing and managing cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and other popular tokens, simple and seamless.

With the addition of non-fungible tokens (NFTs) support, the Ballet wallets effectively cater to both crypto enthusiasts and general users in need of an everyday solution.

Ballet Crypto Wallet Review: PROS

Now that I’ve given a general overview of the wallet, let's delve deeper into its specific advantages. In this section of the Ballet crypto wallet review, I’ll dissect its security protocols and other key features that may make it a compelling choice for you.

Solid Security Features

When it comes to security, the hardware wallet possesses several robust features. Therefore, in this chapter of my Ballet crypto wallet review, let me unpack its security elements and see if they make this device a reliable choice for safeguarding your crypto assets.

First and foremost, Ballet provides a variety of non-custodial cold storage wallet solutions. These options give you complete control over your digital assets while ensuring maximum security against online threats.

Unlike some software wallets that require a constant internet connection and are vulnerable to cyber threats^[1], the Ballet crypto card cold vault approach ensures that your private keys are never stored online.

Instead, the card physically prints the private keys on it, concealing them beneath a tamper-evident sticker. This design significantly reduces the risk of hackers intercepting your keys through network attacks or malware.

The Ballet crypto wallet’s manufacturing process ensures that neither the company nor its employees can access it. This is possible because, throughout the entire process, the actual private key is never created or generated.

You're the only one who can generate the actual alphanumeric code, which is used to authorize transactions and prove ownership. You can do this by combining the two key components embedded in the Ballet card.

To fully generate it, you must use the companion app to combine the encrypted private key and passphrase. It is then generated when you make your first payment from the cold storage.

In addition, there’s also an air-gapped signing feature. This security protocol lets you enter the encrypted private key and passphrase without an internet connection^[2]. This method keeps the sensitive data physically separate from any internet-connected device.

In addition to these protocols, the Ballet crypto card goes a step further to ensure authenticity and safeguard against fraudulent activity. Let’s explore these measures in more detail:

• Tamper-Evident Sticker: This sticker reveals a hexagonal honeycomb pattern if removed, acting as a clear visual indicator of tampering;
• Hidden Passphrase: Protected by a scratch-off layer, the passphrase features a tiny Ballet pattern and correct spelling for added authenticity;
• Ballet Seal Verification: Every wallet has a genuine Ballet logo and seal with consistent patterns to verify its legitimacy;
• Matching Serial Numbers: The product serial number appears in three locations on the wallet, and all of them have matching numbers for easy verification of authenticity;
• UV-Light Revealed Text: The QR code sticker hides text visible only under ultraviolet light. The text varies based on the cryptocurrency stored;
• Unique Ballet Scent: The QR code sticker is coated with a substance that releases a special Ballet fragrance when scratched gently, adding another unique layer of authenticity.

These features collectively ensure the integrity and security of your Ballet crypto wallet. By combining them, the wallet offers multiple layers of protection against unauthorized access and counterfeiting.

Easy to Use Mobile App

In this section of my Ballet crypto wallet review, I will highlight the app's user-friendliness.

You only need to download and install the app and then scan the QR code on your card. In just a few minutes, your secure cold storage is ready to go.

The Ballet mobile app exemplifies a user-friendly approach with its clear and intuitive interface, making it simple to navigate and manage your holdings. You can expect a range of secure and convenient features designed to ensure the safety of your assets. Here are some of the highlights:

• Simplified Transactions: Effortlessly send, receive, and manage your crypto assets with secure and efficient transaction processing;
• Direct Buying & Swapping: If you need more crypto, the app lets you buy it directly using your debit or credit card. The assets are deposited straight into your secure cold storage - no need to switch between platforms.

The user-friendly Ballet app complements the cold wallet seamlessly. Its intuitive design and essential transaction tools simplify crypto management, eliminating the technical hurdles that might deter newcomers.

Wide Selection of Supported Cryptos

The Ballet crypto wallet caters to a wide range of crypto enthusiasts by supporting thousands of crypto assets and NFTs, including a massive selection of ERC-20 and BEP-20 tokens. This broad support can make portfolio management easier because you don't need multiple wallets to handle different types of coins.

For added convenience, each Ballet cold storage card functions as a dedicated wallet for a "primary coin" clearly displayed on the card. It also has a pre-printed QR code and text format for the deposit address, making crypto management easier and quicker.

While Ballet supports thousands of cryptocurrencies, regulatory restrictions in some regions might limit access to specific features. For instance, you might be able to send a particular coin but find buying or swapping it unavailable in your area.

Despite these possible drawbacks, Ballet's widespread coin support in many countries is still pretty impressive. This extensive support lets you handle a diverse and secure crypto portfolio within your hardware wallet.

Multiple Wallet Options

Ballet offers several wallet options to cater to different purposes and preferences. Let's delve into its three main categories:

REAL Series

The Ballet REAL Series cold storage can be a stand-out option for crypto newcomers seeking a secure and user-friendly entry point.

Designed as convenient, non-electrical storage, the REAL Series eliminates the need for complicated setups and software updates. As a result, eliminates the risks associated with software vulnerabilities that can plague traditional software wallets.

Further enhancing security, Ballet operates in a decentralized and offline environment. This protocol makes the REAL Series significantly less susceptible to security breaches, which can compromise other wallets that need to be constantly connected to the internet.

The REAL Series comes in two editions: a standard edition and a gold edition. Both offer the same functionality and are crafted from durable stainless steel. However, for those seeking a touch of luxury, the gold edition boasts a shimmering 24K gold plating.

It's important to note that unlike the PURE Series (which I'll discuss in the next part of this Ballet crypto wallet review), the REAL wallets come empty. It means that you won't find any preloaded crypto on them. They're like blank slates, ready for you to fill with your chosen cryptocurrency.

With its focus on simplicity, robust security, and portability, the Ballet REAL Series is a good entry point for beginners exploring the crypto space. It's a user-friendly way to get started and securely store your digital assets.

PURE Series

The Ballet PURE Series offers a unique way to experience the concept of Bitcoin physically. Each item in this series, whether a metal card or a copper coin, is a beautiful keepsake and comes pre-loaded with real Bitcoin value.

Also marketed as “physical Bitcoin”, this unique wallet allows you to hold a tangible representation of digital investment in your hand. It's a pretty cool way to interact with your Bitcoin beyond just watching numbers on a screen.

Plus, they double as secure offline storage, keeping your Bitcoin safe from online attacks. Think of it as a secure miniature Bitcoin that you can physically hold. It's a unique blend of physical ownership and digital security, giving you peace of mind.

In addition, you can use PURE wallets as a unique gift. Their visual appeal and tangible nature make them intriguing and educational presents for various occasions.

Unlike REAL wallets, PURE Series items come pre-loaded with a specific amount and aren't meant for everyday transactions. They're designed for HODL. While you can technically add more Bitcoin later, Ballet recommends keeping things simple for easier tracking.

As of writing, the PURE Series only offers Bitcoin. So, if you're a fan of Ethereum or other cryptocurrencies, you'll have to wait for your chance to hold those in your hand.

The PURE Series comes in two flavors to suit your preference:

• Collectible Coins: These crafted copper coins come in 0.001 BTC and 0.25 BTC denominations. Each boasts a unique design, perfect for enthusiasts and collectors;
• Sleek Cards: For a modern touch, Ballet offers PURE Series stainless-steel cards pre-loaded with Bitcoin. These "cash-like" cards come in various denominations ranging from 0.1 BTC to 0.025 BTC, allowing you to invest the desired amount.

All in all, the Ballet PURE Series lets you own a piece of cryptocurrency history that you can hold. Whether you're looking for a secure, long-term investment or a unique gift for your peers, the PURE Series offers a personal and fascinating way to experience Bitcoin.

Crypto Gift Cards

Ballet gift cards can be a good choice of present for a unique and tech-savvy gift. These customizable cards, about the size of a credit card, let you pre-load them with all sorts of digital assets.

With these gift cards, you can instantly give coins, tokens, and even NFTs in the real world without the recipient needing a crypto wallet or address. Their ease of use makes them a nice present for many occasions, even for those who have never used crypto before.

Keep in mind that these cards are single-use and cannot be reloaded with additional crypto. Also, they're locked to the specific cryptocurrency chosen at purchase, so they can't hold other types of assets.

As I've highlighted in this section of the Ballet crypto wallet review, their products are designed with new users in mind. The credit card-sized design and user-friendly mobile app make the hardware device incredibly portable and easy to navigate for every level of crypto users.

Whether you're looking for a secure way to store your digital assets for the long term or a simple way to gift them, Ballet offers an accessible solution. This cold wallet is a good option for beginners who are curious about crypto but haven't taken the plunge yet.

Did you know?

Compare Crypto Wallets Side by Side With Others

All Crypto wallets may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

Ballet Crypto Wallet Review: CONS

Any Ballet crypto wallet review would only be complete by acknowledging potential downsides. While it offers decent security features and user-friendly functionality, a few aspects might raise concerns for some users. Let’s delve into these potential downsides.

Not-So-Subtle Design

The Ballet wallet earns high marks for its sleek design, but for some crypto enthusiasts, discretion may be equally crucial. The physical appearance of this hardware device clearly labels it as something valuable.

Imagine you're relaxing at a cafe, enjoying your coffee. As you reach for your wallet, a glint of metal catches the eye of the person next to you. Their gaze lingers on the sleek design of your Ballet card. This could be especially risky if the person has malicious intentions.

In the event of theft, Ballet's security measures can be both a blessing and a curse. Because private keys aren’t stored on the app, even if you have your phone with the app installed, it becomes impossible to recover your stolen cryptocurrency.

A core security principle in crypto is secrecy. The less people know about your holdings, the less likely you are to be targeted. The Ballet card's design might not be ideal for those seeking maximum discretion.

For those seeking a more subtle option, hardware wallets like Ledger Nano X or Ledger Nano S Plus offer a distinct advantage. Their USB stick design allows them to blend in more easily with everyday tech gadgets, minimizing the chance of someone suspecting you're carrying a crypto fortune.

Susceptibility to Physical Damage

The Ballet card's aluminum case is a step up from paper wallets, but it's not invincible. The hardware device is still vulnerable to damage made by fire or corrosive chemicals.

The wallet's durability is crucial for recovery options. Again, as a self-custody hardware wallet, Ballet doesn’t retain copies of your private keys. If it is lost, stolen, or damaged, there’s no way to recover your cryptocurrency.

Given this, it's strongly recommended to store your wallet in a secure, concealed location protected from potential hazards. This approach ensures that your Ballet device can be a dependable long-term vault for your digital assets.

That said, the hardware wallet offers a user-friendly and secure entry point for crypto beginners. However, its potential downsides, like discreetness and vulnerability to damage, are important considerations that must be highlighted in this Ballet crypto wallet review. Weigh these cons against the pros before deciding if it’s the right fit for your crypto needs.

Ballet Crypto Wallet Review: Pricing

While we are nearing the end of this Ballet crypto wallet review, one more important topic needs to be covered - pricing.

Wallet Prices

Ballet offers three distinct wallet options, each catering to different needs and budgets. They all provide secure, self-custodial cold storage, but features and materials affect the price.

• REAL Series: This is Ballet's core product, starting at a budget-friendly $39. Special editions like the Pizza Edition and Gold Dragon Edition offer a premium touch for collectors, ranging from $79 to $129;
• PURE Series: As a physical representation of Bitcoin, the prices range from $36 for a 0.00025 BTC copper coin to $7,054 for a luxurious 0.1 BTC stainless-steel card. The price directly reflects the amount of pre-loaded Bitcoin;
• Crypto Gift Cards: The standard 5-pack of gift cards starts at $35.

The price of the PURE Series may be higher than the stored BTC value. This includes the cost of the stainless-steel card and transaction fees incurred by Ballet when loading the Bitcoin.

Transaction Fees

There's one extra cost to consider: network fees. Often called "gas", these fees are charged by the blockchain network itself, not Ballet, and they vary depending on how busy the network is at that moment. The good news is the Ballet app automatically calculates this gas fee when you send crypto. 

Keep in mind that your transaction won't go through if you don't have enough spare funds in your wallet. So, ensure you have a little extra to cover these fees later. That way, you’ll be able to send your crypto when you need to send it down the road.

Overall, I think the Ballet wallet offers secure storage at a reasonable price. Starting at around $35, it provides a budget-friendly alternative compared to most hardware wallets. That makes it a solid option for beginners who want a simple, long-term solution for their crypto investment without breaking the bank.

How to Use Ballet Crypto Wallet?

If my Ballet crypto wallet review has piqued your interest, the first step is to install and set up the mobile application. Designed for ease of use, the process is really simple.  Let me walk you through it step by step.

How to Set Up Ballet Wallet App?

The Ballet Crypto app is mobile software created to work alongside your non-electronic Ballet wallets. It lets you manage your cryptocurrencies, monitor their market value, and add more to your storage.

Available on both Android and iOS platforms, the app offers a user-friendly interface for all your crypto requirements. In this part of my Ballet crypto wallet review, I'll walk you through the steps to install the application on an Android-based phone.

Step 1: Go to the Google Play app store and search for "Ballet Crypto”. Then, download and install the app on your phone.

Step 2: Open the installed Ballet Crypto app and your Ballet wallet, regardless of the type. Tap the [Scan] option to scan the QR code sticker attached to the cold storage card. Add a virtual cold storage card to the app's Home Page.

Step 3: Follow the on-screen instructions, and you’ll be directed to a screen with your wallet information attached on the screen with several details.

That's it! Thanks to its plug-and-play functionality, the Ballet crypto wallet doesn't require any computer setup and is good to go right out of the box. You won't need to register an account, create a password, or jot down a recovery seed phrase. Everything is centered around the physical card and its secure QR code.

How to Buy Cryptocurrency Using Ballet Wallet App?

Now that the Ballet app is up and running, let's explore its "buy" feature, which makes things more convenient by eliminating the need to jump through hoops or use other platforms.

However, while sending and receiving crypto with Ballet REAL Series keeps your information private, buying crypto directly through the app does require some verification. This process usually involves showing a government ID, similar to other platforms that allow crypto purchases.

Here, I’ll walk you through the process in this section of my Ballet crypto wallet review:

Step 1: Open the app and choose the virtual wallet where you'd like to receive your new cryptocurrency.

Step 2: Tap [Buy] and select the cryptocurrency you want to purchase.

Step 3: Enter the desired amount of cryptocurrency you wish to buy and proceed by tapping [Next].

Step 4: Enter the last three digits of your wallet’s serial number and tap [NEXT].

Step 5: Select your preferred payment method and service provider, then confirm with [Buy].

Step 6: Choose a provider from the available options and complete the purchase by entering any required information requested by the service.

Step 7: Double-check your order details before finalizing by tapping [BUY].

That's it, easy, right? The Ballet app simplifies crypto management by allowing you to securely store assets offline and buy new ones using the companion app.

Pros

• User-friendly design
• Robust security
• Long battery life

See All Coupons of Best Wallets

Pros

• A brand-new design
• Industry-leading security
• Coin, token and NFT storage

See All Coupons of Best Wallets

Pros

• Supports over 7,000 crypto assets
• Easy navigation
• Open-source

See All Coupons of Best Wallets

Conclusions

To sum up my Ballet crypto wallet review, I can say that this hardware device is a compelling option for beginners and casual crypto users. Its simplicity, portability, and user-friendly app make it a breeze to set up and manage your cryptocurrency right out of the box.

While it prioritizes giving you control over your holdings and keeping things accessible, this approach might not be ideal for active traders. Reusing the same private key for multiple transactions can be risky. Additionally, its portability means there's a chance of losing or having it stolen, potentially losing your assets with it.

That said, the Ballet wallet shines for user-friendliness and basic storage. But if you're a seasoned investor who needs advanced features and top-notch security, you might want to explore other options like the Ledger Nano X or Ledger Nano S Plus. These hardware wallets offer more functionality and a more secure design for active crypto management.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. A. G. Khan, A. H. Zahid, M. Hussain, et al.: 'Security of cryptocurrency using hardware wallet and QR code';

2. S. Sarkar, A. Chakraborty, A. Saha.: 'Securing air-gapped systems'.