Shift Crypto, makers of the BitBox02, and Pocket Bitcoin announce a long term partnership with the goal to provide the easiest and most secure way to buy and hold self-custodial bitcoin.
Shift Crypto, the Swiss hardware wallet manufacturer, is partnering with Pocket Bitcoin. Pocket Bitcoin is a Swiss bitcoin broker that provides the easiest way to stack bitcoin into your own wallet. Both are based in Switzerland and share a common goal of making self-custodial bitcoin more accessible and secure.
The companies have been working together to provide a cheaper, even simpler and more secure way to buy bitcoin regularly. Pocket Bitcoin already offers a simple DCA service. The BitBox02 hardware wallet allows users to safely store and transact bitcoin with ease. Its code is fully open source, including the companion BitBoxApp, which from today integrates Pocket Bitcoin’s widget to allow investors to buy bitcoin directly to their hardware wallet.
"At Pocket Bitcoin, our goal is to make buying bitcoin as easy as making a bank transfer. We have created a way for customers to buy bitcoin without having to open an account or identify themselves. Our customers receive their bitcoin directly into their wallet. For this, there is no better partner than Shift Crypto and we are excited to work with them to make buying and storing bitcoin even easier,” said David Knezić, CEO and co-founder of Pocket Bitcoin.
The new widget, developed by Pocket Bitcoin and integrated in the BitBoxApp provides a cheaper service for European customers, with the option to buy via bank transfer at 1.5% fee.
Low KYC
Pocket Bitcoin offers BitBox’s users additional benefits, like fast automatic dollar-cost averaging. Through the new widget users can now easily set up a standing order (DCA) without going through extensive KYC processes. There is no verification required for orders up to 950€ per day.
XPub support
Users can also share their xpub, i.e. all bitcoin addresses from their account, in addition to a single bitcoin address. This way their bitcoin will always be paid out to new, unused bitcoin addresses. This highly desirable feature is especially attractive for DCA users that stack bitcoin regularly and want to retain more privacy towards the bitcoin network.
Address verification
By using cryptographically signed addresses, as well as out-of-bound address verification on a second device, BitBox users can make sure that the bitcoin address that Pocket Bitcoin pays out to is definitely theirs. The process itself is so simplified that it doesn’t require users to copy and paste addresses.
“At Shift Crypto, we believe everyone deserves financial sovereignty. In our vision, that starts with the optimal security provided by a hardware wallet. Together with Pocket Bitcoin, this continues by enabling individuals to acquire bitcoin directly in the BitBoxApp while staying in full control at all times. We are excited to partner with Pocket Bitcoin, a company that matches our values of self-custody and financial freedom.” Douglas Bakkum, CEO and co-founder of Shift Crypto.
To celebrate their partnership, the two companies are offering a bonus of 10k sats on all first-time transactions via the new BitBoxApp integration until March 15th, 2023.
Shift Crypto is a privately-held company based in Zurich, Switzerland. Our team of Bitcoin contributors, crypto experts, and security engineers builds products that enable customers to enjoy a stress-free journey from novice to mastery level of cryptocurrency management. The BitBox02, our second generation hardware wallet, lets users store, protect, and transact Bitcoin and other cryptocurrencies with ease - along with its software companion, the BitBoxApp.