Shift Crypto announces partnership with Pocket Bitcoin enabling DCA in BitBox02 hardware wallet

The partnership offers a safe and easy way to buy and store self-custodial bitcoins via a widget in the BitBoxApp.

The Swiss-based hardwareWallet-Manufacturer Shift Crypto has a long-term partnership with the Swiss Bitcoin-Broker Pocket Bitcoin announced. The collaboration aims to provide an easy and secure way to buy and store self-custodial bitcoins.

Pocket Bitcoin already offers a dollar cost averaging (DCA) service, and partnering with Shift Crypto will make it even easier and more secure, according to a press release sent to Bitcoin Magazine. The BitBox02 hardware wallet allows users to easily store and trade Bitcoin securely. Its code is open source, including the companion BitBoxApp, which has now integrated Pocket Bitcoin’s widget to allow investors to buy Bitcoin directly in their hardware wallet.

“Our goal at Pocket Bitcoin is to make buying bitcoin as easy as making a bank transfer,” said David Knezić, CEO and co-founder of Pocket Bitcoin. “We created a way for customers to buy bitcoin without opening an account or requiring identification. Our customers receive their Bitcoins directly in their wallet. There is no better partner for that than Shift Crypto and we look forward to working with them to make buying and storing Bitcoin even easier.”

With the new widget, BitBox users can now easily set up a DCA without having to go through extensive KYC processes. No verification is required for orders up to €950 per day. In addition, users can share their xpub, which contains all bitcoin addresses from their account. This feature allows the bitcoin to be paid out to new, unused bitcoin addresses, increasing privacy when using bitcoin.

Douglas Bakkum, CEO and co-founder of Shift Crypto, said his company “believes everyone deserves financial sovereignty. In our vision, this starts with the optimal security that a hardware wallet offers. Along with Pocket Bitcoin, this continues by allowing individuals to purchase Bitcoin directly within the BitBoxApp while remaining in 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 partnership offers a cheaper service for European customers with the option to buy bitcoin via bank transfer for a 1.5% fee. To celebrate their partnership, the two companies are offering a bonus of 10,000 sats on all first-time transactions via the new BitBoxApp integration until March 15, 2023.