Discover Bitkey, a hexagon-shaped crypto wallet allowing users control of their Bitcoin. Integrates with Coinbase and Cash App. Stay updated on crypto news.
"Fintech firm Block has unveiled its latest innovation in the form of Bitkey, a Bitcoin wallet designed for self-custody."
"The unique hexagonal design of this crypto wallet, resembling a rock, is now being dispatched to customers who preordered it last year."
"Bitkey empowers users with the ability to securely store their Bitcoin and retain control over their private keys, differentiating it from online crypto wallets managed by third parties."
"Moreover, this wallet seamlessly integrates with major American crypto exchange Coinbase and the popular payments app Cash App, enabling users to directly purchase Bitcoin via these platforms using Bitkey and its accompanying software."
"Bitkey syncs with users' smartphones, and even in the event of device loss, the company assures that mechanisms are in place to recover the funds."
"According to the wallet's official website: 'Our customers' complete control over their Bitcoin is paramount. They can rest assured knowing they will never lose access to their funds.'"
"Bitcoin wallets, particularly cold storage variants that maintain cryptocurrencies offline, can be intricate. Users must safeguard their private keys, typically a 12 or 24-word passphrase, to secure their digital assets. Loss of these keys can lead to loss of funds."
"Jack Dorsey, co-founder of Twitter, departed from the social media giant to concentrate on Bitcoin-related ventures. Last year, he advocated for investors to hold their Bitcoin off exchanges and manage their storage independently."
"Now a billionaire, Dorsey promotes Bitkey as a reliable solution for this purpose."
"Priced at $150, Bitkey can only be purchased using fiat currency, such as US dollars, via conventional credit or debit cards."
"Block, formerly known as Square, stands as the driving force behind the popular mobile app Cash App, which facilitates Bitcoin transactions."