Why Multi-Sig is Cheaper on AirGap: The Ultimate Guide
One of the most robust methods to secure your assets is through multi-signature (multi-sig) wallets. However, many crypto enthusiasts find themselves deterred by the high costs associated with traditional hardware wallets. Enter AirGap: a game-changer in the crypto security landscape.
AirGap is an innovative solution that transforms your spare smartphone into a cold wallet. It is free to use, open-source, and packed with security features. To limit any form of connection, AirGap partnered with some of the leading web 3.0 security experts to create a QR code standard that allows users to transact via QR codes.
The unique mobile-centric approach of AirGap, allows AirGap users the cheapest and most secure way to create a Multi-sig wallet. Let’s see how -
Multi-Sig on AirGap
With AirGap, you can easily create multi-sig accounts on Ethereum and other EVM-compatible chains such as Polygon and Binance Smart Chain via SAFE. Additionally, AirGap supports multi-sig on Tezos through the tzSAFE app. The step-by-step guides to set up multi-sig accounts with AirGap are given below.
Ethereum — https://medium.com/airgap-it/airgap-supports-multi-sig-on-ethereum-with-safe-97af4c59807e
EVM chains (Polygon, Binance Smart Chain etc.) — https://medium.com/airgap-it/cold-wallet-with-multi-sig-functionality-on-evm-chains-the-combination-of-airgap-and-safe-wallet-e8d0ca97967f
Tezos — https://medium.com/airgap-it/how-to-create-a-multisig-wallet-with-airgap-on-tezos-68999d2a672a
Most Cost-effective solution for Multi-sig — AirGap
One of the most compelling reasons why multi-sig cost-effective on AirGap is that it is completely free to use. Unlike traditional hardware wallets that come with a hefty price tag, AirGap allows you to set up as many accounts as you need without any cost. This democratizes access to robust crypto security, making it accessible to everyone.
If you have multiple spare phones lying around, AirGap lets you put them to good use. You can set up AirGap on each device and create a multi-sig setup with different phones acting as different signers. This approach significantly reduces the cost compared to purchasing multiple hardware wallets, which can be prohibitively expensive.
But what about the security?
One of AirGap's most important security features is its Secure Seed phrase generation. While most people don’t know about PRNG attacks, it’s a genuine concern while generating seed phrases. AirGap uses human entropy to enhance randomness while generating your seed phrases. Know more.
The security achieved through AirGap’s multi-sig setup is on par with, if not superior to, expensive hardware wallets. By turning your spare devices into cold wallets, AirGap ensures that your private keys are kept offline and out of reach from potential online threats. This offline approach, combined with multi-sig for an additional layer of protection, provides robust security for your crypto assets.
AirGap offers some additional security features that can take your security to the next level. Some of the features include BIP39 Passphrase and Social Recovery.
As an open-source platform, AirGap benefits from continuous improvements and scrutiny from the global developer community. This collaborative approach ensures that any vulnerabilities are swiftly identified and addressed, providing a high level of security and reliability. The open-source nature also means you can review the code yourself, adding an extra layer of transparency and trust.
Conclusion
AirGap is revolutionizing the way we think about crypto security. By offering a free, open-source solution that leverages your existing devices, AirGap makes multi-sig setups more affordable and accessible than ever before. Whether you are securing assets on Ethereum, Polygon, Binance Smart Chain, or Tezos, AirGap provides a cost-effective and highly secure alternative to traditional hardware wallets.
For those seeking an extra layer of protection, AirGap offers AirGap KNOX, a paid service that disables all forms of connectivity, effectively turning your smartphone into a fortress. AirGap KNOX is exclusively available on Android Enterprise Recommended devices, ensuring top-notch security.
Download AirGap
AirGap Wallet
📱 iOS — App Store
📱 Android — Google Play (GitHub APK)
💻 macOS
💻 Windows
💻 Linux
AirGap Vault
📱 iOS — App Store
📱 Android — Google Play (GitHub APK)
Interested in AirGap? Stay in touch.
