Looking for an easy and secure way to take control of your Bitcoin?
Unchained offers a unique middle ground between solo self-custody and trusting a third party with your Bitcoin, with its collaborative custody solution.
If you’re not technically inclined to manage a multi-signature wallet all by yourself but don’t want to trust a centralized exchange with your Bitcoin, collaborative custody might be exactly what you need.
Highlights
- True Self-Custody: You hold two of three keys, ensuring full control over your Bitcoin
- Integrated Financial Services: Bitcoin IRAs, loans, and inheritance planning
- Expert Support: Concierge setup and ongoing assistance when needed
What is Collaborative Custody?
Collaborative custody (also called hosted self-custody) lets you stay in control of your Bitcoin, while trusted third parties help you with security and recovery.
At its core, collaborative custody uses a multi-signature wallet, where multiple keys are required to move funds. You keep some of the keys, and a provider like Unchained holds one for backup and co-signing when needed.
Curious about how collaborative custody works in practice? Read our detailed guide
Unchained at a Glance
- Founded: 2017
- Headquarters: Austin, Texas
- Target Audience: Bitcoin holders who want better-than-basic security without going full DIY
- Model: 2-of-3 multi-signature collaborative custody
Who Is Unchained Best For?
Unchained is a strong fit if:
- You want the peace of mind of multi-sig, but don’t want to manage it all solo
- You may want to consider Bitcoin for loans or estate planning
- You’re based in the U.S. (international support is more limited for now)
It may not be ideal if:
- You want a completely private, pseudonymous setup
- You’re storing very small amounts of Bitcoin
Fees and Pricing
| Service | Pricing |
|---|---|
| Collaborative Custody Vault | $250 per year |
| Assisted Setup (Concierge) | $1,200 |
| Loans | Interest rates vary (starting around 14–16%) |
| Bitcoin IRA | Starts at $250 per year plus 1.5% trading fees |
Frequently Asked Questions
Can Unchained ever move my funds without me?
No. You hold two of the three keys in the multi-sig vault. You don’t need their permission or signature to move your Bitcoin.
What happens if Unchained shuts down?
You still have two of the three keys. You can move your Bitcoin using open-source tools or with help from another co-signer.
Is Unchained available outside the United States?
Technically yes, but some features (like loans and IRAs) are U.S.-only. Also, services which require KYC are limited to US presidents.
Is this better than a hardware wallet alone?
It depends. If you’re holding large amounts and want extra security and a recovery partner, yes. If you’re just getting started with a few hundred bucks, a single hardware wallet might be simpler.