Bitcoin-only Exchange Pocket Bitcoin Acquires Bitcoin Wallet App Bitkipi, Solidifying Focus on Self-custody

Pocket Bitcoin, the Swiss non-custodial bitcoin-exchange, has announced the acquisition of Bitkipi, a popular bitcoin wallet app. The acquisition marks a significant milestone in Pocket Bitcoin’s efforts to provide its users with a simple and secure platform for buying and holding bitcoin in their own wallets.

So far customers could set up Pocket with their own existing wallets via the company’s website and stack bitcoin using simple bank transfers. Pocket is especially popular with customers for its simple DCA service, which allows everyone to auto-invest into bitcoin by setting up a standing order.

With this acquisition, Pocket Bitcoin now has an in-house wallet app that enables beginners to easily get started with bitcoin and self-custody. Users can create a bitcoin wallet within minutes and securely store and buy bitcoin in the app without further relying on a third party.

“We are thrilled to welcome Bitkipi to the Pocket Bitcoin family,” said David Knezić, CEO and co-founder of Pocket Bitcoin. “The acquisition of Bitkipi is an important step in our mission to make self-custody and long-term saving more accessible. We believe that everyone should have access to the financial freedom that bitcoin provides, and the Bitkipi app will be instrumental in helping us achieve that goal.”

Pocket Bitcoins’s service has been available for almost 2 years. In that time, they have already exchanged over €50 million in bitcoin for customers from all over Europe and paid them out on self-custodial wallets. Pocket’s platform has gained a reputation for its user-friendly interface, low fees, and excellent customer service. With the addition of the self-custody wallet app, Pocket Bitcoin is poised to become the go-to destination for anyone looking to buy bitcoin.

“We have been working hard to create an easy-to-use, secure, and reliable bitcoin-only wallet app that can help newcomers get started with bitcoin,” said the founder of Bitkipi. “We’re excited to join forces with Pocket Bitcoin to bring our vision to life and help even more people get started with bitcoin.”

Bitkipi’s team will be integrated into Pocket Bitcoin’s existing digital team, allowing them to work closely together to develop new and innovative features for customers. The app will continue to be available on both the App Store and Google Play, and current users can expect to see continued improvements and updates. Since Bitkipi has already been using Pocket’s public API in the background, through which bitcoin purchases are processed, nothing will change for existing Bitkipi customers.

Pocket Bitcoin is committed to making bitcoin more accessible and user-friendly for everyone. With the acquisition of the self-custody wallet app, they are one step closer to achieving that goal. Anyone interested in learning more about Pocket Bitcoin’s bitcoin-only platform can visit their website at pocketbitcoin.com.