Absolute certainty cryptocurrency funds will be fully recovered in the event of lost access.
You expect and depend on safe and secure access to funds. Coincover guarantees fund access even if you lose your key.
You are no longer forced to choose between handing over control to a third party and worrying about the security of your password backups.
No limits on the digital wallets covered. Access to your cryptocurrency at all times knowing your funds are always protected.
A multi-sig (multi-signature) wallet performs the same function of signing transactions as a regular Bitcoin wallet but does so in a more secure way. Multi-sig wallets require two or more private keys before the Bitcoins, or other cryptocurrencies can be released.
Keys are encrypted and stored offline in a highly secure vault in several UK locations.
Funds can only be accessed with your authorisation so your funds stay secure.
Should you lose access, your funds are retrieved and sent back to you as soon as possible.
With a wallet Protected by Coincover, you are protected against any single point of failure with multi-signature, 3-key management.
Generated and stored by you. Used to initiate all interactions.
Generated and stored by BitGo. Used to co-sign your transactions only after policy controls have been met.
Stored offline by Coincover for disaster recovery upon your instruction.
Sleep easy in a world of crypto, knowing with Coincover you can never lose access to your cryptocurrency funds.
With Coincover Lost Key Protection, you can remove the risks of losing your private key without having to give anyone else control of your cryptocurrency.
Recover the funds in your wallet if you lose your private key.
Private backup keys are held in vaulted offline environment.
Maintain full control of your digital assets, passcodes and private keys.
24x7x365 support with quick recovery turn-around.
Strong protection against identity fraud and insider theft.
Protect as many wallets as you like within agreed cover limit.
Protect 200+ coins and tokens - whatever you hold with BitGo.
We are regulated by the UK Financial Conduct Authority and backed by A-rated Lloyds of London insurers.
Coincover has partnered with BitGo, market leader in corporate-grade multi-signature wallets to protect your cryptocurrency.
BitGo wallets provide our customers with complete control, secure custody and continued access of their funds.
Protect your funds with multi-signature 3-key management and a backup key held securely offline. Two signatures are required on every transaction on a BitGo wallet and typically this is done by you and BitGo. But should you lose access, our dedicated team is waiting to help recover your funds as quickly as possible.
Generated and stored by you and used to initiate all interactions.
Generated and stored by BitGo and used to co-sign your transactions.
Generated and stored securely offline for emergency recovery instructed by you.
Coincover provides key storage and recovery for the world’s leading cryptocurrency wallet providers.
If you are new to world of cryptocurrency and want to get into Bitcoin, or any other cryptocurrency, you can’t go wrong with one of these wallets!
If you are already in crypto and don’t have your funds protected in a multi-sig wallet, then it’s not too late to protect your digital assets. Upgrade your crypto security today!
Lost Key Protection from Coincover prevents you losing access to your money if you lose or corrupt your wallet private keys.
Protect your funds with multi-signature 3-key management and a backup key held securely offline.
Lost Key Cover is built on multi-signature (multi-sig) wallet technology. Multi-sig wallets require two or more private keys before the funds can be released.
BitGo multi-sig wallets consist of three private keys: one held by you, one held by BitGo and one held on your behalf by Coincover.
Two signatures are required on every transaction on a BitGo wallet and typically this is done by you and BitGo. But should you lose access, our dedicated team is waiting to help recover your funds as quickly as possible.
Secure key storage is the way we ensure you never lose access to your funds by creating and holding an emergency backup key to each of your wallets offline.
When you create a new wallet with BitGo and select Coincover to hold your back up key, BitGo request a key pair from us for your new wallet.
We send BitGo the public portion of the key which is allocated to your new wallet. The private backup key is stored offline with zero network exposure. It is fully encrypted, sharded using Multi-Party-Computation (MPC) and held in grade A free-standing six-sided vaults in multiple geographically dispersed locations in the United Kingdom.
Each vault is protected by multi-party access control with a minimum of three Coincover personnel in attendance for every recovery and verification.
Our first priority is the security of your funds. We will always confirm your identity before we initiate the recovery process to be sure we are recovering the funds for the owner. To ensure total transparency, we will keep you informed on progress and notify you as soon as your funds have been recovered.
- Contact us immediately to report the loss of access
- Your ID is verified and ownership of the wallet confirmed
- You create a new wallet to hold the recovered funds
- We securely sign the transaction to recover funds
- The wallet provider (in this case BitGo) securely counter-signs and your funds are then transferred to your new wallet
- We confirm the funds have been recovered to your new wallet
Our standard recovery process requires independent approval from at least one further named individual from the company in addition to the primary contact.
All named individuals must be on the Access Control List (ACL) approved by all parties and provide personal information such as a copy of their passport and proof of employment in your company.
In addition, all named individuals must have a BitGo account and a Coincover account and have completed the Know Your Customer ID checks.
We offer standard service levels or custom ones to suit your needs. Our security experts will work with you to understand your requirements and recommend the appropriate service levels your business.
We will arrange a call to understand your goals and operations quickly. We aim for a fast turnaround and businesses are typically on cover within 5 to 7 business days and in less time if you are already a BitGo customer.
Our standard service levels include:
- 24x7x365 support from our UK call centre
- Secure key storage for unlimited wallets
- Fund recovery for up to 24 wallets per calendar year
- Fund recovery within 7 days of verification
You can protect all your wallets provided they were created with our approved service provider BitGo, and you selected Coincover as the backup key holder.
Lost Key Cover protects all your wallets individually and collectively.