Coinbase And Bitkey Join Forces For Secure Self-Custody Wallets

Key Points:

• Coinbase partners with Bitkey, a self-custody bitcoin wallet app, making it easier to purchase bitcoin while maintaining control of private keys.
• Bitkey users can buy, sell, and transfer bitcoin via Coinbase Pay on their mobile app or hardware wallet.
• The feature will be available to joint Bitkey and Coinbase customers in the US, Canada, UK, Brazil, and Australia. Transparent pricing allows customers to understand the true cost of their bitcoin purchase.

Coinbase has announced a partnership with Bitkey, a self-custody bitcoin wallet app from Jack Dorsey’s Block.

This collaboration will allow customers to purchase bitcoin easily while still maintaining control of their private keys. With this new partnership, Bitkey users can buy, sell and transfer bitcoin through Coinbase Pay on their mobile app or hardware wallet. While the platform is still in beta testing, it is expected to launch publicly later this year.

Coinbase said in a statement that customers participating in the global beta program will see a game-changing feature that allows them to move their bitcoin from centralized exchanges to the secure Bitkey self-custody wallet easily. Furthermore, customers will also be able to seamlessly buy bitcoin and initiate the transfer of their bitcoin bought on COIN to their self-custody Bitkey wallet, all within the Bitkey wallet using Coinbase Pay.

This feature is expected to be available to joint Bitkey and COIN customers in countries such as the U.S., Canada, UK, Brazil, and Australia. Transparent pricing will allow customers to understand the true cost of their bitcoin purchase. Coinbase and Bitkey strongly believe that partners play a key role in bringing self-custody to a wider group of people around the world, and they are incredibly proud to have partnered with leading companies like COIN to make self-custody both secure and easy to use.

The partnership between Coinbase and Bitkey will bring about a revolutionary feature that will enable customers to effortlessly move their bitcoin from centralized exchanges to a secure self-custody wallet. This feature will also allow customers to seamlessly buy bitcoin and initiate the transfer of their bitcoin bought on Coinbase to their self-custody Bitkey wallet. The transparent pricing will help customers to understand the true cost of their bitcoin purchase. This partnership is expected to benefit customers in countries such as the U.S., Canada, UK, Brazil, and Australia. Coinbase and Bitkey are proud to have partnered with leading companies to make self-custody both secure and easy to use.

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