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7 Best Multisig Bitcoin Wallets (2022)

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Yodaplus
7 Best Multisig Bitcoin Wallets (2022)

7 Best Multisig Bitcoin Wallets (2022)


Crypto wallets are essential for purchasing, selling, and storing cryptocurrencies and crypto-asset securely. But the biggest concern with crypto wallets is security. The multisig wallet solves the biggest and most crucial concerns every crypto owner suffers from i.e. security. In nutshell, multi-sig wallets are crypto wallets that need multiple signatures. Under the surface, users need two or more private keys for signing and sending a transaction with multi-sig wallets.  


Electrum

Electrum is a Bitcoin-only wallet that is open-source and free to use under the MIT license. Electrum wallet is a lightweight wallet and does not require you to download the whole blockchain. Electrum provides multisig wallet functionality on its desktop software as well as with ledger or trezor hardware wallets. Electrum wallet lets you customize the fees while sending bitcoin transactions. 


Armory secure multisig wallet

Armory is the most secure, open-source, and full-featured solution available for users and institutions to generate and store Bitcoin private keys. With Armory wallet-based digital asset management system, users are empowered with multiple encrypted Bitcoin wallets and permanent one-time “paper backups”. If you are an exchange or a group of stakeholders in a community or a startup, then Armory is one of the best choice you have. 


Yodaplus Multisig Wallet

Yodaplus multisig wallet and digital asset management system provide improved security, decentralized decision-making capabilities, two-factor authentication, and several other essential features. Yodaplus wallet-based digital asset management system is built as a decentralized application on top of the XinFin blockchain that doesn’t require any intermediary. For decentralized organizations, DAO, yoga plus multisig wallet can be used to store funds in a distributed fashion simultaneously allowing board members to make appropriate decisions when there is disagreement. If you are looking for full control over your digital asset, then Yodaplus multisig wallet is the best choice for you. 


ZenGo

ZenGo multisig wallet can hold your cryptocurrencies across different blockchain networks. ZenGo wallet-based digital asset management has a great user experience and in-build security features that help protect your assets from cyber threats. With ZenGo, your account is secured by private facial biometrics and industry-leading encryption to protect your account from attacks. 


Coinb.in

Coinb  is an open-source web wallet under an MIT license build especially for bitcoin multisig wallet users. With Coinb’s wallet-based digital asset management, users can easily create, verify, and sign multisig addresses via Coinb.  To generate multisig addresses controlled by numerous participating actors, users just need to enter the public keys of all the participants. 


BitGo

BitGo is among the most popular bitcoin wallet-based digital asset management systems out there. It fully supports multi-signature functionality and has been taking care of Bitcoin funds since 2013. It also provides API services on top of which multiple exchanges are built such as Kraken, bitquick, unocoin, bitstamp, bitbay, bitfinex and several others. The best part of BitGo digital asset management is that it can be easily integrated with your cold storage devices such as Ledger Nano S and Ledger blue.


Coinbase

Coinbase is a household name at this point in the crypto industry. But with Coinbase wallet-based digital asset management, the private keys are controlled and managed by coinbase on behalf of users. Coinbase uses a 3 key architecture - a coinbase key, a shared key, and a user key - which are required to provide users with the control of their funds. It provides up to 3-of-3 authorizers to sign a Bitcoin transaction from one client to another.  



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