### Block's Bitkey Bitcoin wallet, a product supported by Jack Dorsey's leadership, has officially entered the open beta phase, marking an exciting milestone for cryptocurrency enthusiasts. The wallet, designed to provide a practical and secure cold storage solution, has also integrated with prominent platforms Coinbase and Cash App, adding convenience and accessibility for users.

<blockquote className="twitter-tweet"><p lang="en" dir="ltr">Coinbase is thrilled to have partnered with Bitkey, the self-custody bitcoin wallet made by Block, Inc. to grow self-custody usage. Customers can soon easily transfer new &amp; existing bitcoin with Coinbase to their Bitkey self-custody wallet.<br /><br />Learn More 👇<a href="https://t.co/L4gLTJbDlb">https://t.co/L4gLTJbDlb</a></p>— Coinbase 🛡️ (@coinbase) <a href="https://twitter.com/coinbase/status/1669342427226996745?ref_src=twsrc%5Etfw">June 15, 2023</a></blockquote> 



Starting from June 15th, the Bitkey wallet is now open for public testing. Previously limited to Block's employees, this beta phase allows users to try out the wallet with their own bitcoin holdings. As participants provide feedback through interviews and surveys, their insights will help shape future versions of the app. As an incentive, users involved in the open beta will receive a complimentary Bitkey hardware device to continue using with forthcoming iterations of the wallet.



It utilizes three keys - a mobile app key, a hardware key, and a server key - to ensure enhanced security. Multiple keys may be required for transactions of varying sizes, adding an extra layer of protection. Importantly, Bitkey's recovery approach offers peace of mind. In the event of lost devices, users can retrieve their funds without relying on unencrypted seed phrases vulnerable to prying eyes.



 

Block's Bitkey Bitcoin wallet, a product supported by Jack Dorsey's leadership, has officially entered the open beta phase, marking an exciting milestone for cryptocurrency enthusiasts. The wallet, designed to provide a practical and secure cold storage solution, has also integrated with prominent platforms Coinbase and Cash App, adding convenience and accessibility for users.

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