Don't Believe ShapeShift's Trap. There is No Cheap Hardware Wallet!

[Kyraishi]

It's one of those dropshipping or whatever scams, they advertise a product as free or heavily discounted and they charge a fortune for shipping, enough that the shipping costs net them a fancy profit.

I saw it with 40 dollars delivery fees for free watches, and it looks like it's the same scheme here as well since crypto-currencies are the best big thing.

Is the product that bad? Has anyone actually used one yet? A 50 dollar hardware is still not bad compared to 100 dollar ledgers and 200+ for a trezor.

I'd love to hear someone's opinion about the device if they've tried it.

[nasipadang]

I already bought Nano Ledger. I do not know about the cost of shiping to your country, if you feel strange about these costs, try changing the shipping address to the address closest to the company. You only need to check the shipping costs without cashout first.

[NathanJB]

It's one of those dropshipping or whatever scams, they advertise a product as free or heavily discounted and they charge a fortune for shipping, enough that the shipping costs net them a fancy profit.

I saw it with 40 dollars delivery fees for free watches, and it looks like it's the same scheme here as well since crypto-currencies are the best big thing.

Is the product that bad? Has anyone actually used one yet? A 50 dollar hardware is still not bad compared to 100 dollar ledgers and 200+ for a trezor.

I'd love to hear someone's opinion about the device if they've tried it.

No need to waste money on that. Going for a little cheaper price and risking big? Not a wise decision. And Ledger Nano S does not cost you 100 USD. It is much cheaper than that. What you are about to buy is a vault, a personal bank, a safety. Do you have to choose the cheapest? Or you won't mind the price for the sake of security?

[setialovers]

It is therefore a bait. And it was a nicely-designed one at that. They deserve a thumbs up for their cunning ways of luring people into undergoing KYC. However, it is still a bait and people should not be led by that. Thank you for letting us all know. I was actually a shapeshift user before when there was no account and KYC requirements yet, but when they started calling for their users to create an account and pass KYC, I left their services.

That's right, we should look at shipping costs so we don't judge that it's a lie. Actually, if hardwallets are promoted at a price of $ 10 is common because the more they produce a lot, the price will be cheaper

[Zeke_23]

Guys, I think most of you misunderstood the issue. Yes I can understand the shipping fee. But come on $38! I am working at post office! If you send anything like this hardware wallets, it can cost max $5-10.

I can understand that you trust shapeshift. I am not mentioning about shapeshift already. But someone who see that campaign it is just $10, they may think send KYC docs to shapeshift. And then with the shipping fee, they probably give up. That's what&why I wrote here.

But yes, If I were you I would pick Ledger in that situation.

Yes, its shipping fee should be cheaper, but we should consider if this is a domestic transaction. We all know that transactions such as domestic delivery cost more than local transactions.

I already bought Nano Ledger. I do not know about the cost of shiping to your country, if you feel strange about these costs, try changing the shipping address to the address closest to the company. You only need to check the shipping costs without cashout first.

Same here, I bought Nano Ledger before. Since I am close to the seller, the shipping fee does not cost too much.
So if we wanted a hardware wallet with cheaper fee for shipping we should buy it to the closest store.

[tenakha]

I saw on ads on forum about Keepkey hardware wallet. If you visit shapeshift.io, you can see the offer. It's written; if you register and pass the KYC step, you can buy KeepKey wallet just $10.

But truth is different.
Once you complete KYC, you get an email from them. And when you click the link, you can see Keepkey hardware wallet is sale for just $10. From here, everything is going well. But when you proceed to checkout, you can see the shipping fee. It is $38,58 (Cheapest one)! OMG! I can buy Ledger with that price!

I wrote the support but they said, there is nothing we can do. It is a shipping fee and it does not depend on us.
As you can see, don't send your KYC for vain!

Thanks for information.
How do they think they can sell their products with this tactic? it does not help anything other than making it redundant.

Are their shipping fee standard? Maybe someone lives in the country where it was produced and there is no need to shipping?

[Ucy]

It's one of those dropshipping or whatever scams, they advertise a product as free or heavily discounted and they charge a fortune for shipping, enough that the shipping costs net them a fancy profit.

I saw it with 40 dollars delivery fees for free watches, and it looks like it's the same scheme here as well since crypto-currencies are the best big thing.

Is the product that bad? Has anyone actually used one yet? A 50 dollar hardware is still not bad compared to 100 dollar ledgers and 200+ for a trezor.

I'd love to hear someone's opinion about the device if they've tried it.

I doubt the ad is from dropshipping people. I checked the shapeshift.io website and I saw the $10 ad.
Well, . I guess they are really selling hardware wallet at that price but the extra charges actually go to shipping companies?
Check the bottom of the website, the $10 is clearly written there.
https://shapeshift.io/keepkey/

[Novatech8]

If the new hardware wallet is from a new project i would have advice not to have interest at all, but shapeshift is one of the strongest old exchange in crypto space and i have been using their service since i entered crypto space so if shapeshift hardware wallet is cheap then there is nothing wrong in this.

[Google+]

it is true that at this time a lot of traders who try to sell wallet hardware like that, and in my opinion you better be careful when you want to make a transaction, you better meet directly where the seller's location for safer transactions.