The association will provide a safe and easy way to buy and store bitcoins with own custody, through a widget in BitBoxApp.
Swiss-based hardware wallet manufacturer change 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 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 safely store and transact bitcoin. Its code is open source, including the companion BitBoxApp, which has now integrated the Pocket Bitcoin widget to allow investors to buy bitcoins directly in its hardware wallet.
“At Pocket Bitcoin, our goal is to make buying bitcoins as easy as making a bank transfer,” said David Knezić, CEO and co-founder of Pocket Bitcoin. “We have created a way for customers to buy bitcoins without having to open an account or identify themselves. Our clients receive their bitcoin directly in 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.”
Through the new widget, BitBox users can now easily set up a DCA without going through extensive KYC processes. Verification is not required for orders up to €950 (~$1,000) per day. Also, users can share their xpub, which includes all bitcoin addresses from their account. This feature allows bitcoin to be paid to new and unused bitcoin addresses, increasing privacy when using bitcoin.
Douglas Bakkum, CEO and co-founder of Shift Crypto, said that his company “believes that everyone deserves financial sovereignty. In our view, that starts with the optimal security provided by a hardware wallet. Along with Pocket Bitcoin, this continues by allowing people to purchase bitcoins directly on the BitBoxApp while maintaining full control at all times. We are excited to partner with Pocket Bitcoin, a company that aligns with our values of self-custody and financial freedom.”
The association offers a cheaper service for European customers, with the option to buy bitcoin via bank transfer at a fee of 1.5%. To celebrate their partnership, the two companies are offering a bonus of 10,000 sats on all first-time transactions made through the new BitBoxApp integration until March 15, 2023.
