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BitGo Announces Free Bitcoin Security for Individual Users

Avatar Guest Author 4 years ago

What is possibly the world’s most trusted multi-sig wallet provider, BitGo, has announced that individual users can now avail the Bitcoin security features at zero cost. Businesses looking to secure their Bitcoin holdings can also try BitGo’s services for free.

We are incredibly excited to now offer the security controls and capabilities of BitGo free to all individual holders of bitcoin,” said BitGo CEO Will O’Brien. “BitGo’s mission is to secure the world’s bitcoin. While historically we have offered advanced wallet services to enterprise customers, we feel it is critical for a growing bitcoin ecosystem that anyone can access the best-in-class security solutions BitGo provides.

A step which is aimed at promoting the use of its bitcoin security wallet software will give individual users free access to all the features, including multi-user wallets, risk controls, fraud detection, and whitelisting. Those interested in availing these services can do so by filling up a small form right here.

The company also introduced key updates which have brought many features of the BitGo Enterprise, the service initially intended for businesses, in reach of the individual users. Some of these prominent features are secure wallet sharing, address labeling and management, and advanced audit capabilities like transaction memos. Other features of the Enterprise version can be found here.

BitGo has also eliminated the minimum fee in order to make the commercial version more affordable. The company has announced that businesses can try the wallet security service absolutely free for 30 days. The company has made public a unified pricing structure for all the BitGo products – BitGo Enterprise, BitGo Platform API, BitGo CLI, BitGoD, and BitGo Express –  which can be found by clicking here.

This is not the first time that the world’s leading robust Bitcoin security wallet provider has gone the extra mile for the digital currency ecosystem. The company had very recently launched a highly scalable set of tools and services for the developers, BitGo Platform API™. Using this, the developers can deploy state-of-the-art operational infrastructure for their Bitcoin business.

The BitGo Platform API has already been integrated by leading cryptocurrency exchanges like Bitstamp.

BitGo is the only company in the industry we trust to secure our hot wallet. The integration was very straightforward, and now I can sleep better at night knowing that my customers’ holdings are secured with BitGo.” – Nejc Kodrič, CEO Bitstamp

In association with C4, BitGo has also introduced the CryptoCurrency Security Standard, which is a template for certifying the 10 fundamental aspects of digital currency security. BitGo secured first-of-its-kind comprehensive insurance coverage for Bitcoin theft from the global, A-rated XL Group insurance companies, offering a baseline $250,000 protection for all commercial customers.

The Palo Alto-based Bitcoin security provider launched the world’s first multi-signature Bitcoin wallet in 2013 and continues to create innovative security services, setting the bar higher for all other Bitcoin wallet companies.

The company operates a security-as-a-service platform that powers the industry’s most secure, enterprise Bitcoin wallet with solutions for corporate treasury and key management.

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