 With the misstep of ledger coming out and doing everything with their firmware upgrade where they're able to Store your private keys for you and then pay $9.95 a month and then of course your private keys are everywhere people have been looking for an alternative to cold storage devices, especially with what's happened in Just crypto exchanges for example with Voyager and Celsius and FTX so some of these alternatives could be a product called LAPAL and This product itself is another cold storage device and it looks pretty good But I will caution you that with every single product out there. There is no 100% perfect product for you There are always some pros and cons in this video We're going to quickly as best as possible go over those so LAPAL itself It has three or four different different types of products and you can see here that it is air-gapped It's not it doesn't have connection to Bluetooth USB Wi-Fi or NFT. So it's pretty much Secure in that regard. It's got three different products itself You have a mini cold wallet, which is a smaller version of the Titan cold wallet What I like about this though is that it is a touch screen So I like that as opposed to the nano ledger Which everything is like these little buttons and sometimes a little bit hard and also it has the LAPAL seed phrase Which you can put in steel instead of running it down on Paper which would you put your mnemonic phrases on? And of course you have to download the app do that another good thing about this is it supports over 10,000 coins and tokens So I don't know how many there are out there for crypto or digital assets But that seems like the bulk of what you might want to store on your device So again the LAPAL I'm going to be using the Titan cold wallet. It is a hundred twenty nine dollars right now There's a discount of 169 And it's talks about easy to use air gaps and everything in between. So we take a look at this Let's talk about the positives well first positive is this is LAPAL from what I've researched on the internet has never been hacked. So that is a good positive in the pros category and They have an article about how difficult it will be is it possible to hack a cold storage device And they actually do say that it is possible and they they quote in a famous study done a few years ago on the famous hardware wallet ledger Nano s the hackers successfully accessed the account through a USB connection Proving that these connections can be a threat now. This was a video that I saw about a year and a half ago Maybe two years ago where it was an old Ledger Nano s and they had not updated the firmware and yes It was available to do that but remember for that to happen Those hackers had to actually have the physical device of the Nano ledger s or x In there in their possession. So if if that is something that concerns you then that could be it now I got to tell you. I don't know what kind of Home invaders are super hackers But hey anything's possible and it states even if air gap makes a cold wallet incredibly secure talented hackers can still This some of the wall and attack it directly what's great about Ali pal is that it has an anti-temper feature? So even if this does happen, which I don't know what universe this actually does happen Tremors will let the anti-temper feature Know that there is an attempt to hack the wallet and it will automatically self-destruct now It doesn't like blow up in the perpetrator's hands. It actually just kind of wipes out the information inside So that is a pro for Ali pal and then when I did this search I want to see if anybody had actually hacked in Ali pal and there was An article which talked about how somebody who had XRP on the Ali pal and it actually had gotten hacked And I took a look and I just had that I couldn't find anything else besides that couldn't find a follow-up But I did ask AI which this is Google's AI version called Bard kind of like chat GPT, but it can actually connect to the internet And it's actually free to use so if you want to check that out link in the description And it talks about how I just asked the question has Ali pal ever been hacked and it states in 2021 2021 there was a report of an LAPAL XRP wall being hacked However, this was not due to a security vulnerability in the LAPAL Titan instead the user's seed phrase was compromised Which allowed the hacker to access their funds again? I could not find this anywhere But this is what Bard gave me so take that with a grain of salt. So that's positive I believe and then also people are all also very concerned if the source code is out there Well, you can find this on github. I will link this in the description It's not from what I understand from the documents This isn't all of the code itself But it is a bulk of it in case people want to work with Ali pal and integrate it with Ali pal They can find this over here on github again links in the description. You can check it out yourself So those the pros and it looks pretty easy and it's a nice touch screen. It's very slick device and you know as a matter of fact The device itself Came with the Actually, they sent me three things. This is the original Titan They gave me the Titan mini which is very small and the seed phrase itself So thank you to Ali pal. But what comes with it is the actual device itself A cord which you can connect to The stand which is how you charge this and also there's going to be a micro Micro SD card, which is what you have to use To upgrade the firmware and that will be one of the cause or the cons and I will get into that into in a second But another thing that I kind of concerned me I might be concerned for some people not everybody But um, Ali pal limits it is headquartered in Hong Kong Uh, so Hong Kong is not part of mainland China as everybody knows It is two countries One system and they say that uh, that Hong Kong is separate However, it is amazing how things are kind of converged and that's just where it is also when I took a look at Who was behind Ali pal? I had to figure out. Well, how long has it been around if it was found in 2016 I don't think they rolled out a product in 2017 and when this is from a crunch base I'll link this in the description as well. And when I took a look at the founders Tong Chen number of organizations is one Haoning one David Tien one and I can't find any information about them Also, if you take a look at the about us page It doesn't list anything about the history Of who this is and where it came from but it does give a customer service address um phone number or excuse me Email and also the actual physical address, which is in huanxi hong kong So take that as you will and then also one of the other cons is like I talked about to update the firmware I'm gonna Play this this video. It's a minute long and uh, if after this you still want to check out Ali pal Well, I'm going to take This ali pal itself and I'm going to use my voyager account Which they just opened up transactions and we're going to take that bitcoin and put it on This ali pal. So just take a listen and this is how you actually have to update your firmware first You'll need to prepare a blank micro sd card if you purchase an ali pal titan cold wallet device It will come with a 16 gigabytes micro sd card Make sure the format of the sd card is f at 32 for the update to work Go to the ali pal official website and click on update at the top of the page Find download elastic firmware on the update page click on download And save the file on the sd card Do not change the name of the downloaded file or unzip it Make sure to keep the file in its original format Turn off the ali pal device take out the adapter from the box and insert the sd card into the adapter Connect the usb cable to the adapter with a power source Then connect the adapter to the ali pal device Wait until the charging sign appears on the screen then turn the device back on by holding the power button select settings Select update ali pal will automatically extract the file for the update But please do not disconnect the adapter after the extraction is finished Another menu will appear select start update and wait for the update to finish Yeah, so there you go And it seems like a lot of steps, but uh, it's just like everything else If you want to go through those steps and uh, figure it out It probably after a couple of times pretty simple stuff to do So now what I want to do is I want to jump into my phone and what we're going to do is we're going to take those Voyager cryptos and digital assets and they're going to Move them over into my ali pal wallet. So just as a reminder If you have any kind of crypto digital assets on on voyager, you are now able to transfer them out Unfortunately, it's only up to 35 percent because well incompetence So let's jump on my phone and I'll show you what I'm talking about Okay, so you're on my phone and I've blurred some of the things out obviously But what I'm going to do is I want to take uh bitcoin and we're going to transfer it over So when you click on that and you're actually into Um the app itself That's going to say hey before you continue to double check Make sure you're in the correct address for receiving wallet number two You've confirmed the receiving wallet is compatible Again, you don't want to send bitcoin to an ethereum wallet and vice versa and all those things in between You're aware and responsible for the applicable transaction fees again There's going to be fees because you know, they're not going to pay for that And then please know at all terms of the crypto transfer blah blah blah okay continue So here it's going to ask me how much do you want to want to send? I will always recommend that you do a test transaction first for everything that you do There is nothing worse than sending over a thousand dollars ten thousand ten million dollars worth of of a crypto And you're like whoops send it to the wrong address Or uh, there's just a a hiccup or a problem So always send a small test transaction first which we are going to do right now So I'm going to send let's take point zero zero one bitcoin, which is 30 dollars And see right here. It says tap to paste the bitcoin address So what I want to do is I want to go back to My ellipal wallet and I'm going to show you how this looks like. So let's jump in So first things first. I'm going to turn this on by holding this button right like so Let's say ellipal. I'll start to ramp up It's going to ask me for my favorite language. I'll pick English And now let's say download the ellipal app or you can go to this Uh url. I'll link that in the description as well But uh, just to think this is very simple. I'm just going to scan everything. So let me click on the scan ellipal 2300 ratings pretty good 4.8. We're going to click on get and then just download the app itself And here we are on the app. Okay multi-account and multi currency management Save transactions real-time tokens great Click on start of course. There's always Something to read over and of course do do diligence and read over it like I'm not doing and click confirm So it says here for your asset safety We're going to use ellipal cold wall manager asset connect to an ellipal cold wallet And now it's going to say please press the button to scan the ellipal app connection qr code And click on connect to cold wallet itself access the camera sure and then here we are Open this up Click on next I'm going to say create account And this will be the basics account name password. I'll do that right now So there we are. So you get your account name. I got my password. Don't forget that and we're going to click on create account And voila created successfully. Please back up mnemonics and we click on this backup mnemonic words This is where it's going to give me the mnemonic phrase Which you can put in there's a card that they attached To the product itself or you can put it on a stone book. That's where I put everything else So i'm going to write those down right now if I click on this button great So if you did everything right then it says backup successful and you're ready to go click on okay And here's where we get to pick all the different crypto projects digital asset product that we want to add to it There's bitcoin eath bnb bnb Smart chain xrp everything you can possibly think of is essentially right there So for this one, I'm just going to come up here. We just want to use bitcoin connect to app And here again app connection qr code. So what I want to do is go back to the app itself click on ellipal connection succeeded Not now and voila must have already scanned already. So we have bitcoin right there And here is our bitcoin address, which you can see at the very top 3h 72 blah blah blah blah blah so on and so forth. So what we want to do is copy This address and we're going to put this into voyager. So here we are again. We're going to tap to paste the bitcoin address Voyage like to paste from ellipel allow paste And 3h 7 blah blah blah blah and there it is We're going to click slide to send bitcoin Total amount we're going to confirm And of course you should always have some kind of two-factor authentication And I highly recommend you don't have text messages. They use something like google authenticator So i'm going to i'm going to copy that code in And i click submit transfer And i'll set your request to send blah blah blah check your email Which I will do right now and that should be it which in case you want to know what it looks just like this confirm with draw So voila, that is essentially how you use ellipal. It seems pretty straightforward But again for every different product that's out there there is a pro and there is a con to it I personally don't think that this is the way we're going to be using crypto in the next 10 years or so But for right now if you're looking for an alternative to ledger there are options. So that's it So look you like today's video give it a thumbs up consider subscribing I'm going to talk about it's time sensitive, but that is all Thanks to you for showing up and thanks to ellipal for sending me these devices That is it and i'll see you guys on the next one