{"id":23252,"date":"2023-09-08T13:09:29","date_gmt":"2023-09-08T17:09:29","guid":{"rendered":"https:\/\/coincentral.com\/?p=23252"},"modified":"2023-10-30T16:30:57","modified_gmt":"2023-10-30T20:30:57","slug":"keplr-wallet-review","status":"publish","type":"post","link":"https:\/\/coincentral.com\/keplr-wallet-review\/","title":{"rendered":"Keplr Wallet Review: Meeting the Leading IBC Wallet"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Keplr is an open-source browser extension wallet for the Cosmos Inter blockchain ecosystem. Available in over 170 countries, it lets users transfer cryptocurrencies supported by Cosmos, including:<\/span><\/p>\n<ul>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/binance-smart-chain-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Binance Chain (BNB)<\/span><\/a><\/li>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/terra-guide-ust-luna\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Terra (LUNA)<\/span><\/a><\/li>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/celsius-vs-crypto-com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Crypto.com Coin (CRO)\u00a0<\/span><\/a><\/li>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/cosmos-atom-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Cosmos Hub (ATOM)<\/span><\/a><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Designed with Cosmos\u2019s IBC (Inter-Blockchain Communication protocol), Keplr lets users move digital assets across over 20 chains in a similar way to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/how-to-use-metamask-beginners-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">MetaMask<\/span><\/a><span data-preserver-spaces=\"true\">, and hosts over 250 apps and services with a total worth of over $100 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As well as transferring digital assets, users can stake on several platforms such as:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Osmosis<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Akash Network<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Sifchain\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">The goal of Keplr is to replicate the simplicity of MetaMask for the Cosmos ecosystem, with users able to access every Cosmos dApp through a single wallet.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The following keplr wallet review explores how a Keplr wallet works, how to install the Keplr wallet extension, its safety, pros and cons, and the founding team.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">How Does Keplr Wallet Work?<\/span><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-23253 size-full\" src=\"https:\/\/coincentral.com\/wp-content\/uploads\/2022\/08\/Screenshot-2022-08-08-at-11.33.34.png\" alt=\"Keplr Wallet\" width=\"2814\" height=\"1334\" \/><\/p>\n<p><span data-preserver-spaces=\"true\">Inspired by MetaMask, Keplr is designed around simplicity and ease of use. Once you\u2019ve downloaded the Keplr wallet (see below), you no longer need different wallets for each Cosmos ecosystem. Instead, you can swap assets between chains making it extremely accessible for new crypto users.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Cosmos ecosystem is known for its cheap network fees (usually under $0.01) and speed.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The wallet extension can be downloaded from Google Chrome and is also compatible with\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/brave-browser-review\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Brave browser<\/span><\/a><span data-preserver-spaces=\"true\">. Once installed, users can stake Cosmos compatible cryptocurrencies from their wallets.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As a non-custodial wallet, Keplr gives users complete control of their cryptocurrency compared to wallets on centralized exchanges such as\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/coinbase-review\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Coinbase<\/span><\/a><span data-preserver-spaces=\"true\">, which are owned by the exchange. Through the wallet, individuals can partake in airdrops and collect stake rewards from projects such as Cosmos, Kava, and\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/osmosis-osmo-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Osmosis<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The interface is designed to be as user-friendly as possible, with all platforms under the wallet using a similar design to avoid confusion. To add to this, all assets are displayed with their $USD value to keep investors updated. Should you live in a country with a different currency, you can change this in the settings option.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Keplr is also compatible with hardware wallets such as the Ledger Nano X or Nano S. These hardware wallets provide Keplr users with higher security levels by keeping all cryptocurrency offline.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">How To Install Keplr Wallet Extension\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">You can install Keplr and connect to Cudos with seven easy steps.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">1. Search for Keplr on Google and click on the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/chrome.google.com\/webstore\/detail\/keplr\/dmkamcknogkgcdfhhbddcghachkejeap?hl=en\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Chrome Web Store<\/span><\/a><span data-preserver-spaces=\"true\">. Click install to start your Keplr Wallet download.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-23254 size-full\" src=\"https:\/\/coincentral.com\/wp-content\/uploads\/2022\/08\/Screenshot-2022-08-08-at-11.34.56.png\" alt=\"Keplr Google\" width=\"2426\" height=\"1132\" \/><\/p>\n<p><span data-preserver-spaces=\"true\">2. Once installed, click on the Keplr wallet extension icon. A new page will open in your browser.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">3. Create a new account or import an existing account using the mnemonic phrase provided when you signed up. The wallet will not yet be connected to the Cudos network, so you won\u2019t see your details.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Now it\u2019s time to connect to the Cudos network.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">4. Head over to the Cudos Explorer through the Keplr extension.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">5. Click on the \u201cKey Icon\u201d in the upper right corner.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">6. You\u2019ll see a pop-out asking permission to add a network to Keplr. Approve this.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">7. Once approved, open your extension and clock on \u201cNetwork Name\u201d at the top. A menu will open showing CudosTestnetPublic. Click this, and your account will be connected.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Is Keplr Safe?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Keplr is one of the most secure wallets available, however, it is your responsibility to keep it secure. For anyone to access your account, they require your full seed phrase. We always recommend storing your full seed phrase offline in a notepad to keep it secure. This way, you can access your account should you lose the details. If you lose the details and don\u2019t have access to the phrase, you\u2019ll lose access to your funds and won\u2019t be able to recover them\u2026 a real-life nightmare.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Remember, Keplr is non-custodial, meaning there is no central entity that holds your funds; you alone are responsible for keeping your seed phrase safe.<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Although nobody has been directly hacked, some people have lost their funds due to scams involving their seed phrases. Keplr has stated they will never ask for your seed phrase, so you should never share it with anyone.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For those who want an extra layer of security, funds can be sent from Keplr to Ledger hardware wallets. This lets you store your wallet offline, keeping your crypto as secure as possible.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to Keplr Wallet reviews on Google Play, the wallet is extremely secure, and no hacks have ever been reported. It\u2019s been praised for its simplicity and has achieved a 4.1\/5 overall score with over 800 reviews.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Pros &amp; Cons Of Keplr Wallet<\/span><\/h2>\n<h3><span data-preserver-spaces=\"true\">Compatible With All IBC Assets<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Instead of needing a different wallet for each asset, you can store all your IBC assets in one place. These include Cosmos, Terra USD, Sentinel, Osmosis, and Kava.\u00a0<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Lucrative Staking Options<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">With Keplr, you can stake a range of blockchains in the Cosmos ecosystem, including Cosmos Hub, Osmosis (OSMO), Secret Network (SCRT), and Crypto.org (CRO). You can check your staked assets from the \u201cDashboard\u201d menu, which can be found in the left drop-down menu on the web browser. You can claim your rewards using the \u201cclaim rewards\u201d button in the same menu.\u00a0<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Compatible With Ledger Hardware Wallets<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">If you\u2019re big on security, you can add extra protection with Ledger hardware wallets. You can use this <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/medium.com\/chainapsis\/how-to-use-ledger-nano-hardware-wallet-with-keplr-9ea7f07826c2\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">tutorial<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0to connect your wallet.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Cons<\/span><\/h2>\n<h3><span data-preserver-spaces=\"true\">Limited To IBC Coins<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Although Keplr allows users to store over 20 different digital assets, it\u2019s limited to IBC coins. This means you can\u2019t store popular cryptocurrencies like\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/beginners-guide-what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Bitcoin<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0and\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coincentral.com\/what-is-ethereum-the-ultimate-beginners-guide\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Ethereum<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">No NFT support<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">If NFTs are your thing, then the Keplr wallet may not be for you. As of July 2022, Keplr doesn\u2019t let users store NFTs.\u00a0<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Limited Search Engine Options<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Keplr is only supported on Chrome and Brave Browser and is unavailable on alternatives such as Firefox and Safari. In addition, the app can only be accessed through the extension and has no desktop version.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">About Keplr Wallet (History of Keplr)<\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-23255 size-full\" src=\"https:\/\/coincentral.com\/wp-content\/uploads\/2022\/08\/Screenshot-2022-08-08-at-11.37.57.png\" alt=\"Chainapsis\" width=\"2846\" height=\"1308\" \/><\/p>\n<p><span data-preserver-spaces=\"true\">Keplr wallet is a new addition to the crypto space, released in October 2021 by Chainapsis, an interchain infrastructure developer based in South Korea.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It was co-founded by Tony Yun, a two-time HackAtom winner and author of Interchain Standards 27, and Josh Lee, better known as Dogemos, who&#8217;s well known amongst the Cosmos community. Josh currently runs Chainapsis and works at Tendermint, open-source software designed to launch blockchains in various languages.\u00a0\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What Cryptocurrencies Does Keplr Support?<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-23256 size-full\" src=\"https:\/\/coincentral.com\/wp-content\/uploads\/2022\/08\/Screenshot-2022-08-08-at-11.39.24.png\" alt=\"Keplr Wallet Compatibility\" width=\"2822\" height=\"1136\" \/><\/p>\n<p><span data-preserver-spaces=\"true\">The Keplr wallet extension doesn\u2019t currently have its own native currency. Instead, it showcases a list of Cosmos tokens already available in the system. Keplr also supports cryptocurrencies that are not currently available in the Cosmos ecosystem. Known as non-native tokens, users can download them as extensions in the token wallet. The current list of all accepted tokens in June 2022 includes:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Cosmos Hub<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Osmosis<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Juno<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Secret Network<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Akash Network<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Regen Network<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Persistent<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Kava<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Secret Network<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Sifchain<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">CertiK<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">IRISnet<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Terra Luna (beta)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">TerraUSD (beta)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cronos (CRO)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Regen Network (beta)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cyber (beta)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Straightedge (beta)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Sentinel<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Sifchain<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">IRISnet<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">CertiK<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">This list is consistently being updated to include additional blockchains. You can find the latest updates at\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.keplr.app\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">https:\/\/www.keplr.app\/<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Final Thoughts: Is Keplr The MetaMask of Cosmos?\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Keplr helps overcome the hurdle of needing several different crypto wallets for IBC assets, making it easier for new crypto investors to buy and store their assets. Instead of worrying about where their assets are stored, users can hold everything in a single location, making IBC crypto storage as easy as possible.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite being a relatively new wallet, Keplr has already proven to be a popular option with over 100,000 global users, over 20 supported assets, and high levels of security for those looking for a safe way to store their crypto.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Throughout 2022 the Keplr team has set the goal of expanding their reach to more ecosystems and posting regular updates on its <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/keplrwallet\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Twitter<\/span><\/a><span data-preserver-spaces=\"true\"> account. As the popularity of Keplr continues to grow, the wallet could soon become the wallet equivalent of MetaMask for the Cosmos ecosystem.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Keplr is an open-source browser extension wallet for the Cosmos Inter blockchain ecosystem. Available in over 170 countries, it lets users transfer cryptocurrencies supported by Cosmos, including: Binance Chain (BNB) Terra (LUNA) Crypto.com Coin (CRO)\u00a0 Cosmos Hub (ATOM) Designed with Cosmos\u2019s IBC (Inter-Blockchain Communication protocol), Keplr lets users move digital assets across over 20 chains<\/p>\n","protected":false},"author":8981,"featured_media":23809,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"iawp_total_views":12,"footnotes":""},"categories":[5712],"tags":[27950,27951,28049,27949],"class_list":{"0":"post-23252","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-guides","8":"tag-cosmos","9":"tag-ibc","10":"tag-keplr-wallet","11":"tag-osmosis"},"wppr_data":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Keplr Wallet 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