The partnership will provide a safe and easy way to buy and store your own custodial bitcoins, through a widget on BitBoxApp.
Switzerland-based hardware wallet maker Shift Crypto has announced a long-term partnership with Swiss bitcoin broker Pocket Bitcoin. The collaboration aims to provide an easy and secure way to buy and store your own custodial bitcoins.
Pocket Bitcoin already offers a dollar cost averaging (DCA) service, and the partnership with Shift Crypto will make it easier and safer, according to a press release sent to Bitcoin Magazine. The BitBox02 hardware wallet allows users to securely store and transact bitcoins. The code is open-source, including its companion BitBoxApp, which has now integrated the Pocket Bitcoin widget to allow investors to buy bitcoins directly into their hardware wallet.
“At Pocket Bitcoin, our goal is to make buying bitcoin as easy as making a bank transfer,” said David Knezić, CEO and co-founder of Pocket Bitcoin. “We have created a way for our customers to buy bitcoins without having to open an account or identify themselves. Our customers receive bitcoins directly into their wallets. For this, there is no better partner than Shift Crypto and we are happy to work with them to buy and saving bitcoins is easier.
Through a new widget, BitBox users can now easily set up a DCA without going through an extensive KYC process. No verification required for orders up to €950 (~$1,000) per day. In addition, users can share xpub, which includes all bitcoin addresses from their accounts. This feature allows bitcoins to be paid to a new unused bitcoin address, which increases privacy when using bitcoins.
Douglas Bakkum, CEO and co-founder of Shift Crypto, said the company “believes that everyone deserves financial sovereignty. In our vision, that starts with optimal security provided by hardware wallets. Along with Pocket Bitcoin, this continues by allowing individuals to get bitcoins directly on BitBoxApp while staying in control of everything We are excited to partner with Pocket Bitcoin, a company that aligns with the values of financial custody and 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 the partnership, both companies are offering a 10k sat bonus for all first transactions through the new BitBoxApp integration until March 15, 2023.