The partnership will provide a secure and easy way to buy and store bitcoins for self-custody through a widget on BitBoxApp.
Swiss based manufacturer of hardware wallets Shift Crypto announced a long-term partnership with the Swiss Bitcoin broker Pocket Bitcoin. The collaboration aims to provide an easy and secure way to buy and store bitcoins with self-custody.
Pocket Bitcoin already offers a Dollar Cost Averaging (DCA) service, and the partnership with Shift Crypto will make it even simpler and more secure, according to a press release sent to Bitcoin Magazine. The BitBox02 hardware wallet allows users to securely store and transact bitcoins. Its code is open source, including the companion application BitBoxApp, which has already integrated the Pocket Bitcoin widget to allow investors to buy Bitcoin directly in their hardware wallet.
“Our goal at Pocket Bitcoin is to make buying bitcoins as easy as making a bank transfer,” said David Knezich, CEO and co-founder of Pocket Bitcoin. “We created a way for customers to buy bitcoins without having to open an account or identify themselves. Our customers receive their bitcoins directly in their wallet. There is no better partner for this than Shift Crypto, and we are excited to work with them to make buying and holding Bitcoin even easier.”
Through the new widget, BitBox users can now easily set up DCA without going through extensive KYC processes. No verification required for orders up to €950 (~$1000) per day. Additionally, users can share their xpub, which includes all bitcoin addresses from their account. This feature allows Bitcoin to be paid out to new, unused Bitcoin addresses, increasing privacy when using Bitcoin.
Douglas Bacum, CEO and co-founder of Shift Crypto, said his company “believes that everyone deserves financial sovereignty. In our vision, this starts with the optimal security provided by a hardware wallet. Along with Pocket Bitcoin, this continues by allowing people to acquire Bitcoins directly on BitBoxApp while remaining in full control at all times. We are thrilled to partner with Pocket Bitcoin, a company that aligns with our values of self-care and financial freedom.”
The partnership offers a cheaper service for European customers, with the option to buy bitcoins via bank transfer at a 1.5% fee. To celebrate their partnership, the two companies are offering a 10k sat bonus on all first-time transactions through the new BitBoxApp integration until March 15, 2023.
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