Bitcoin Security Levels: How safe are your sats?
Not all Bitcoin holders have the same level of security. Here are 6 Bitcoin Custody security levels in one post.
Level 0: Bitcoin on an Exchange
π If your coins are on an exchange, they are not yours.
π¨ Risk: Hacks, insolvency, frozen accounts.
π Not your keys, not your coins!
Level 1: Hot Wallet on Mobile or Desktop
π₯ You own your private keys, but they are online = vulnerable.
β
Better than an exchange, but not secure for long-term storage.
π‘ Recommended wallets: BlueWallet, Sparrow.
Level 2: Hardware Wallet with Shitcoin Support (or closed source Hardware Wallet)
π More secure than hot wallets, but:
π¨ Many hardware wallets (e.g. Ledger) support altcoins and are not fully Open Source.
β Unnecessary attack surface!
Level 3: Bitcoin-Only Hardware Wallet
β
No altcoin support = reduced attack vectors.
π‘ Recommended wallets: BitBox02
β‘οΈ Want even more security? Airgapped wallets! π
Level 4: Bitcoin-Only + Airgapped Hardware Wallet
β
Even fewer attack vectors since transactions are signed via QR code or SD card.
π‘ Recommended wallets: Foundation Passport, Coldcard, SpecterDIY
Level 5: Single Seed + Passphrase (Cold Storage)
πͺ Extra security: Even if someone finds your seed, they canβt access your funds without the passphrase.
Important: Never store your passphrase digitally
π Recommended wallets: Foundation Passport, SpecterDIY
π¨ Warning: Higher risk as you now have two single points of failure. Your setup must be well thought out.
Level 6: Multi-Sig Cold Storage
π‘οΈ Multiple keys required to spend = maximum protection.
β
No single point of failure.
π¨βπ©βπ¦βπ¦ Ideal for families or businesses.
π Can be customized:
β‘οΈ 2-of-3, 3-of-5, mixed hot & cold wallets.
π‘ Recommended solutions: Unchained Capital, Sparrow, Blockstream Jade
That's a wrap! Let me know what you think! Do you agree? Did I miss something?
Bittr π·π°
npub1yadz...98zt
Buy #Bitcoin directly into your own wallet - no intermediaries, just you, your future, and your Bitcoin Piggy Bank.π· Supporting Self-Custody since 2018.
GM! βοΈ


If you are not a Bitcoiner, you are on the wrong side of history.


"The hardest temptation since money was invented"
ππ¨π




Weβve made some regulatory changes to our Bitcoin purchase process!
From now on:
β
You can buy up to 999 CHF worth of Bitcoin every 30 days via bank transfer - no further verification needed.
π€ Want to buy more? No problem! Request a Bittr Whales π³
invitation (our in-house KYC platform) and you're good to go!


Absolute Scarcity


Everything that is not Bitcoin is a scam.


GM βοΈ



Would you live here for 1 Year for 5 Bitcoin?


This is brilliant π
You're never too late to Bitcoin.


GM βοΈ


While Transaction Fees are still suuuper low, don't forget to take care of your UTXOs!
Don't regret it when it's already too late!
We wrote a guide in our Blog:

We wrote a guide in our Blog:

Save Money with UTXO Management: A 5 minute Guide
UTXO management is essential for efficient bitcoin handling. This 5-minute guide will help you understand and save money with UTXO management.
Happy New Year! πΎπ
May your Bitcoin piggy bank grow bigger with every Satoshi you stack π


Back in the beginnings of Bittr in 2018, we initially didnβt work with XPUBs.
But we saw the benefits and implemented them in 2019.
An XPUB gives you better privacy and security. By using it, each deposit goes to a new address. That makes it harder for others to find out how much Bitcoin you own.
Today we even refuse to accept XPUBs that have already been used for other transactions since this would compromise your privacy.