SHIFT Cryptocurrency Digital BitBox Manuals

1 pdf manual(s) SHIFT Cryptocurrency Digital BitBox for free download (Document Types: Operation & user’s manual)

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Digital BitBox User Guide v1.1 Page 1 of 22 March 2018 Digital BitBox User Guide Desktop App v2.2.2 Mar. 2018 Digital BitBox User Guide v1.1 Page 2 of 22 March 2018 Table of Contents Introduction ................................................................................................................................... 3 What’s inside the package? ........................................................................................................... 3 Inserting the micro SD card ............................................................................................................ 3 Download and install the desktop app ............................................................................................ 4 Setting up your BitBox ................................................................................................................... 5 Best practice for wallet name ................................................................................................. 5 Entering a password .............................................................................................................. 5 Changing your password ............................................................................................................... 6 Desktop app tabs .......................................................................................................................... 6 History tab............................................................................................................................. 6 Receive tab ........................................................................................................................... 7 Send Tab .............................................................................................................................. 8 Create and switching between wallets .......................................................................................... 10 Creating a hidden wallet .............................................................................................................. 10 Options tab ................................................................................................................................. 11 Multisig tab .................................................................................................................................. 12 Second Factor Authentication ...................................................................................................... 13 Restoring a wallet from backup .................................................................................................... 13 Using an Ether wallet ................................................................................................................... 15 Sending ERC20 tokens ............................................................................................................... 17 Using an Ethereum Classic Wallet ............................................................................................... 18 Upgrading the BitBox firmware ..................................................................................................... 19 FAQs ........................................................................................................................................ 20 Additional help............................................................................................................................. 22 Revision History .......................................................................................................................... 22 Digital BitBox User Guide v1.1 Page 3 of 22 March 2018 Introduction Thank you for purchasing the Digital BitBox (“BitBox”). Designed and produced in Switzerland, your BitBox hardware wallet gives you the highest level of security for your cryptocurrencies in a compact, discrete and robust design. The BitBox is the most secure way to manage your cryptocurrencies because your private keys that unlock access to your coins and transaction history are not accessible via the internet or external devices: they NEVER leave the BitBox (“cold storage”, the equivalent of an electronic vault). This is not the case with software wallets or cryptocurrency exchanges where the exchange and not you are in control of your private keys. The BitBox supports Bitcoin, Ether (ETH, ETC and ERC20 tokens via myetherwallet.com) and Litecoin (via electrum-ltc.org) . More coins are continuously added, check the Shift website for the latest firmware and information about coin support. Note that the first part of this guide describes the BitBox used as a Bitcoin wallet. For Ethereum (ETH), Ethereum Classic (ETC) and ERC20 tokens, first setup a wallet using the BitBox desktop app. Then refer to the “Using an Ether Wallet“ section of this guide. Initializing your BitBox automatically creates a backup of the wallet on the micro SD card. Be sure to remember the password! Without it, your funds are permanently lost. Once initialized, the micro SD card should then be stored separately in a secure location away from the BitBox. Should you lose or damage your BitBox, your wallet can be recovered, including access to all funds and transactions, from the micro SD backup card in combination with the password. Note that if your micro SD backup card is stolen, it does not contain sufficient information for an attacker to recover your wallet or access your funds. This is a major differentiator from other hardware wallets which require you to write down a passphrase when setting up the device – this passphrase can be stolen, photographed or copied giving an attacker full access to your funds. You can view a tutorial video here. A third party video tutorial can be viewed here and here. What’s inside the package? The package delivered to you from Shift Cryptosecurity contains two electronic components: • The BitBox hardware cryptocurrency wallet with USB-A, Micro SD interfaces and built-in touch-sensitive LED. • Micro SD backup card Inserting the micro SD card The first step is to insert the micro SD card into the BitBox. The devices should be orientated according to this picture: Figure 1: BitBox with backup Micro SD card inserted