Billfodl Review 2022 – Steel Cryptocurrency Backup Wallet

Billfodl is a stainless steel cold storage recovery seed/private backup wallet. It has a premium stainless steel design with laser-cut engraved tiles. Notably, Billfodl holds the words of your seed phrase or your private key. The seed phrase is essentially the backup phrase, which is made up of various words.

As a crypto user, you can utilize tiles to save passwords and mnemonic phrases (BIP 39) within its stainless steel crypto wallet case. Since the tiles are laser engraved, they always fit precisely the same each time.

five benefits of billfodl steel backup
Billfodl benefits

Billfodl is designed and tested to be fireproof, waterproof, shockproof, and hacker-proof. It is fully compatible with the following hardware wallet brands:

  • Trezor
  • Ledger
  • KeepKey

Billfodl comes with a steel chassis and a set of over 350 tiles (capital and lower case letters, numbers, and blanks). Before using the product, ensure that you have already received your 12 or 24-word recovery seed phrase before proceeding further. You will then open your retail package and the pack of tiles included.

billfodl retail packaging with tiles
Billfodl retail packaging with tiles included

Subsequently, you will spell out the first four letters of each word and slide them into the unit. Keep in mind that you only need the first 4 letters to uniquely identify the seed phrase. There are labels located above every slot, which lets you know which word of your seed goes where.

To fully use the product, simply use the tiles and slide them in one by one to construct your backup seed, followed by closing and locking.

Here is a brief video demonstration on how to use the Billfodl:

Billfodl is made of 316 stainless steel and is 2.25 x 4 inches in size.

The Billfodl can store various private key types, including:

  • Hexadecimal
  • Alphanumeric
  • 12-word seed phrases
  • 18-word seed phrases
  • 24-word seed phrases

Billfodl vs. Paper Wallet Private Keys

A crypto novice may be led to believe that paper recovery seed phrases might appear like they are the most secure way of storing their crypto offline. However, the majority of hardware wallet vendors include a piece of paper with their hardware wallets that instruct the customer to use to back up their private keys.

Writing down your recovery seed phrases on a piece of paper doesn’t protect you from potential fire and water damage. Fire can burn your recovery seed swiftly, and water can easily ruin the recovery seeds’ readability on paper.

When individuals see a piece of paper with random words, they may place less significance on its value and throw it into the trash. In contrast, the Billfodl is made of military-grade material containing exceptional corrosion resistance.

billfodl steel with tiles
Billfodl seed phrase placement with tiles

Billfodl is designed to complement your hardware wallet by assisting you in storing your seed words in a manner that enhances security and minimizes user error.

Here is an excellent example of what the Billfodl can protect against:

The video shows that the laser-engraved tiles are still readable after being melted by a torch. Since the Billfodl is made of 316 stainless steel, the steel material contains an extremely high melting point and is highly resistant to corrosion.

Why Buy a Billfodl

Anyone with a considerable amount of cryptocurrency assets that currently use paper seeds as backups ought to consider a Billfodl.

This mnemonic steel backup will appeal to hardware wallet owners of Ledger Nano S/NanoX, Trezor One/Trezor Model T, and KeepKey.

Investing in a reputable steel wallet is wise since it will protect against several threats that paper backup seeds do not.

It is impossible to predict when disasters will occur, and an intelligent crypto user will be highly prepared to deal with the uncertain future.

Price

The price of a Billfodl is currently $89.00 when purchased in their own online store. Apart from the standard Billfodl package, bundles are also available with additional items that may benefit you depending on your threat model.

The Cyber Security bundle is $138.00 and includes the following:

  • 1 Billfodl
  • 1 Small Faraday bag
  • 1 Large Faraday
  • 1 Fodl Hodler Wall Mount
  • 1 Lock with Key
  • 10 Tamper-Proof Stickers

The double-stitched faraday bags are designed for security and data protection of all electronic devices, shields them from all radio frequency signals, and provides protection against EMP blasts.

Furthermore, the Hodler’s Bundle is the flagship package and can be bought for $109.00. With this bundle, you receive the Billfodl along with a set of 10 tamper-evident stickers and a discreet wall mount sleeve.

The tamper-evident stickers grant you the ability to know if an individual has been taking a tiny peek at your seed. Also, the Fodl Hodler is a discreet wall mount designed to fit the Billfodl to ensure that your data is concealed from adversaries who are interested in taking it.

Lastly, the Billfodl Multishard is a product that permits customers to split their seed into 3 shards, each with 16 of their 24 words for recovery. By splitting your seed into three, you may obtain a 2-of-3 style recovery method. Hence, if an adversary discovers your Billfodl, they will be unable to successfully stealing your cryptocurrencies. The price of the Billfodl Multishard is $235.00.

What if Billfodl gets Lost or Stolen?

In the event that you lose your Billfodl, you’ll want to immediately move all of your crypto assets to a brand new address that employs an entirely different seed or private key.

If you are storing seed words on the Billfodl, it would be a good idea to employ a passphrase — periodically referred to as a 25th word — which can be achieved on most hardware wallets.

Check Out Billfodl

Sunny Hoi

Sunny Hoi

Sunny is an experienced content strategist. He has a deep understanding of the retail and finance industries. Sunny has written extensively about products, services, stores, stocks, cryptocurrencies, and investment strategies. Sunny's writing reflects his deep understanding of his subjects and commitment to providing clear, concise information that helps readers make informed decisions.

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