BitGo Reviews & Ratings

BitGo

2.0 out of 5 stars

Ratings and Reviews 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

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Ratings and Reviews 1 Rating

Total 2 out of 5 stars
ease 3 out of 5 stars
features 3 out of 5 stars
design 3 out of 5 stars
support 1 out of 5 stars

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What is Coinbase Custody?

Coinbase Custody operates as an independent entity, distinctly funded and separate from Coinbase, Inc., and serves in the role of a fiduciary under New York State Banking Law. It ensures that all digital assets are meticulously separated and held in trust for clients, utilizing dedicated on-chain addresses that are fortified by Coinbase’s reliable cold storage methods. The insurance coverage we offer is regarded as among the top in the industry, providing strong protection for our clients’ assets. Furthermore, we undergo regular financial and security assessments by independent firms to maintain compliance and security standards. Many fiduciary funds struggle to generate rewards through Delegated Proof of Stake (staking) due to various risks involved; however, Coinbase Custody's pioneering approach enables secure staking from stored assets, transforming the landscape. Not only has it made safe staking possible for the first time, but it also opens the door for clients to engage in governance activities, like voting on protocol changes, while their assets remain offline. Currently, we support Maker Governance and are diligently working to broaden our support for other networks soon. This dedication to innovation and security not only enhances user experience but also establishes Coinbase Custody as a leader in the digital asset management space. As we continue to expand our services, we remain committed to redefining the standards of asset safety and stakeholder engagement.

What is BitGo?

Since its establishment in 2013, BitGo has been the pioneering digital asset firm dedicated solely to institutional clients. The company offers a comprehensive suite of services including custody, staking, liquidity, and security solutions tailored for institutional investors. Engaging in both centralized and decentralized finance, BitGo delivers top-tier trading, lending, and borrowing capabilities through its prime brokerage, while also serving as the custodian for WBTC, the leading stablecoin pegged to Bitcoin. In 2020, BitGo expanded its offerings by introducing BitGo Prime, Portfolio, and Tax, which together provide a complete solution for managing digital assets. The launch of BitGo Trust Company in 2018 marked a significant milestone, as it became the first qualified custodian specifically designed to securely store digital assets. More recently, the firm has introduced institutional-grade services in DeFi, NFTs, and web3, further solidifying its comprehensive approach. BitGo is responsible for processing around 20% of all Bitcoin transactions globally and supports a diverse range of over 700 coins and tokens. Its clientele includes major cryptocurrency exchanges and institutional investors from more than 50 countries, highlighting its significant impact on the digital asset landscape. Additionally, BitGo's commitment to innovation ensures it remains at the forefront of the digital finance revolution.

Media

Media

Integrations Supported

Coinbase
Integral
Base App

Integrations Supported

Coinbase
Integral
Bitstamp
Binance
Bitcoin IRA
Canton
Cointelli
Compound
Connectee
Crypto Backoffice
CryptoTax360°
Cryptoworth
Hanbitco
Hedgehog
Ledn
Nuant
Peiko

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Connect with us to learn more.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Coinbase

Date Founded

2012

Company Location

United States

Company Website

custody.coinbase.com

Company Facts

Organization Name

BitGo

Date Founded

2013

Company Location

United States

Company Website

www.bitgo.com

Categories and Features

Crypto Custodians

Not specified

Crypto Staking

Not specified

Categories and Features

Blockchain

Not specified

Crypto

Not specified

Crypto APIs

Not specified

Crypto Custodians

Not specified

Crypto Lending (DeFi)

Not specified

Crypto Staking

Not specified

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Crypto Wallets

Not specified

NFT Wallets

Not specified

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