Self Custody

Take custody of your bitcoin

Your bitcoin is safe with us, but we encourage you to safely and responsibly take custody of it when you're ready. Use the Self Custody feature to do this any time.

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Sign up with your email and get started with bitcoin in under 10 minutes.

How it works

1

Choose an amount of bitcoin to send out of your account.

2

Enter a valid bitcoin wallet address and confirm.

3

Your bitcoin will be sent. It usually takes just a few minutes to show up in the new wallet.

A key benefit of bitcoin is that anyone can take custody of it

The bitcoin in your Coinbits account is held in custody by our partner, Cybrid. Even though your bitcoin is safe with Coinbits, we encourage you to take custody of your bitcoin. Why?

Freedom from counterparty risk

Bitcoin is a bearer asset, meaning that if you have it in your own custody, there is nobody anywhere that can take it, or physically prevent you from sending it anywhere you want.

Freedom to transact privately

Although it takes some time to learn how to use bitcoin privately, holding it in your own custody is an important first step in this journey.

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