PrivacyPick

BitBox02 vs Monero GUI Comparison

Feature
Overview
Rating
7.6
7.5
TypeHardware walletSoftware wallet
PriceBitBox02 Multi edition: $139 one-time; BitBox02 Bitcoin-only edition: $139 one-timeNot specified
Free to useNoYes
Established20152016
Platforms
WindowsmacOSLinuxAndroid
WindowsmacOSLinux
Networks
BitcoinLitecoinEthereumCardano (through a third party)Polygon (through a third party)BNB Chain (through a third party)Arbitrum (through a third party)Optimism (through a third party)
Monero
Rating by category
Key Custody & Recovery
9.0
7.5
Network & Metadata Privacy
6.5
7.0
Security & Transparency
7.0
7.0
Usability & Chain Support
7.5
7.0
Price & Value
7.0
10.0
Keys & recovery
Who holds the keysYou hold the keys
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A new wallet gets 24 BIP39 recovery words; the device can also restore 12-word phrases. The default backup is a file with the wallet secret on the included microSD card, which is not encrypted; the 24 words can be shown on the device screen at any time after you re-enter the device password.

You hold the keys
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Monero's own 25-word seed: 24 words encode the private spend key and the 25th is a checksum. It is not BIP39, but it is the most widely used seed format among Monero wallets. The GUI creates and restores only this format, and can also restore a wallet from its private keys or from a hardware wallet.

Seed formatStandard phrase (BIP39)Own format
Seed portabilityRestores in other walletsRestores in other wallets
PassphraseYesYes
RecoverySeed phraseSeed phrase
MultisigBuilt inNot supported
Network & metadata
Default serverThe vendor's serversPublic servers
Own nodeLimitedSupported
TorThrough a proxy you set upThrough a proxy you set up
Coin controlFullNone
ID for in-app buyingYesNo
Device purchaseTied to your identity
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The BitBox shop ships only to a name and postal address and asks for an email address. You can pay with Bitcoin or Lightning through BitBox's own BTCPay Server instead of a card. BitBox says order data is anonymised after 30 days, but invoices are kept for ten years under Swiss law.

Not applicable
Device
Secure elementIn some modelsNot applicable
Air-gappedNoNot applicable
Firmware codeFully open source
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BitBox says each device receives an attestation key at the factory, which the BitBoxApp checks every time you connect, and that the chips are covered in epoxy and the case halves are glued so that opening them breaks plastic pins. The device ships in a vacuum-sealed bag with a patterned seal. BitBox itself says these checks cannot rule out every physical modification of a genuine device.

Not applicable
Trust & transparency
App codeFully open sourceFully open source
Server codePartly open sourceNo vendor servers
Reproducible buildsYesYes
Security auditNone on recordNone on record
Bug bountyYesYes
JurisdictionSwitzerland
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Shift Crypto AG is registered in the Canton of Zurich, with its address in Adliswil. Its privacy policy follows the Swiss data protection act and the GDPR, and says personal data is stored in the EU.

No legal entity
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The Monero Project calls itself a loose collective of individuals; the GUI has no company behind it. The terms of use of getmonero.org, last revised in June 2017, are governed by the laws of South Africa.

OwnerShift Crypto AG
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A privately held Swiss company that sells under the BitBox brand. Its founders started the BitBox line in 2015; the BitBox02 came out in 2019.

The Monero Project
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Built by volunteer and crowdfunded contributors under the oversight of the Monero Core Team. No part of the block reward goes to development; the project is funded by donations to its General Fund and through the Community Crowdfunding System.

TelemetryNo telemetryNo telemetry
Past incidentYesYes
ReviewRead more →Read more →

Where each one is ahead

BitBox02

  • Key Custody & Recovery: rated 9.0 vs 7.5
  • Seed format: Standard phrase (BIP39)
  • Multisig: Built in
  • Coin control: Full

Monero GUI

  • Price & Value: rated 10.0 vs 7.0
  • Free to use: Yes
  • Own node: Supported
  • ID for in-app buying: No

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