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Author Topic: Wallet service ( like Coinbase ) with multisig possibility  (Read 43 times)
Deepigma
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September 05, 2018, 07:45:12 AM
 #1

Hi,

I am looking for some reliable wallet service / application with multisig possibility.

Me & my friend are about to start a small business Smiley
We want to create a secured wallet so that none of us independently can spend the money, ie to spend the money we have to put 2 signatures ( his & mine ).

I know that it's possible, but at the same time, I don't want to use things like Bitcoin Core.
So I am searching for more UX friendly alternatives and, of course, reliable ones.

Are there anything you can suggest?

Thank you in advance.

Best Regards,
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butka
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September 05, 2018, 08:04:27 AM
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You can use Electrum as a desktop (and android) application for creating a 2 of 2 multisig wallet.

Here are some guides to get an idea how it works:

Create a pair of 2-of-2 wallets

Help setting up 2-2 multisig wallet, using laptop and phone


bob123
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September 05, 2018, 02:02:29 PM
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I am looking for some reliable wallet service / application with multisig possibility.

You definitely shouldn't be looking for an online 'service'.
If you don't own the private keys, you don't own the bitcoins.



Me & my friend are about to start a small business Smiley
We want to create a secured wallet so that none of us independently can spend the money, ie to spend the money we have to put 2 signatures ( his & mine ).

Especially in this case.. you should DEFINITELY NOT use an online wallet.
Create a 2-of-2 or 2-of-3 multisig with a desktop client and keep the private keys secured offline.



I know that it's possible, but at the same time, I don't want to use things like Bitcoin Core.
So I am searching for more UX friendly alternatives and, of course, reliable ones.

Well.. you can either have the most UX friendliest which is probably an online wallet. But this WON'T be a secured one.
If you want to own your BTC yourself (not the website provider) and want to have them stored securely, set up a multisig using a desktop client.

You don't have to download the whole blockchain. You can use a lightweight client (e.g. https://electrum.org/#home).
There a lot of tutorials available online how to properly create a multisig wallet. This does take 5 minutes of your time.
The reward for those 5 minutes is a secured storage solution instead of some 3rd party wallet service (which would be dumb when running a business).

If you technically don't understand anything at all, i doubt you will be successfully able to accept BTC payments or whatsoever.
In this case pay someone to show it you step-by-step..

coinsclone
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September 07, 2018, 07:17:46 AM
 #4

Hi,

I am looking for some reliable wallet service / application with multisig possibility.

Me & my friend are about to start a small business Smiley
We want to create a secured wallet so that none of us independently can spend the money, ie to spend the money we have to put 2 signatures ( his & mine ).

I know that it's possible, but at the same time, I don't want to use things like Bitcoin Core.
So I am searching for more UX friendly alternatives and, of course, reliable ones.

Are there anything you can suggest?

Thank you in advance.

Best Regards,

Here we are providing the elastic multi-sig wallet with escrow services. Take a demo>>
Deepigma
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September 07, 2018, 01:52:40 PM
 #5

OK, guys.

Thank you all for your responses.

I will go with an Electrum. Seems quite easy Smiley
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