# Bitkey privacy rating

Bitcoin wallet from Block made of a phone app, a hardware key and a Block-run server key in a 2-of-3 multisig setup, with recovery without a seed phrase.

## Summary

Bitkey scores 40 out of 100 (grade D) on the crypto wallets criteria. It meets 1 of 4 criteria: open source. It partly meets no ads or data sales. It does not meet no trackers or telemetry and independent audit. It is based in the United States: Five Eyes member; subject to the US CLOUD Act.

- Website: https://bitkey.world
- Source code: https://github.com/proto-at-block/bitkey
- Jurisdiction: United States. Five Eyes member. Subject to the US CLOUD Act.
- Platforms: Android, iOS
- Home page trackers: Google Tag Manager
- Category: [Crypto wallets](https://privacyratings.com/crypto-wallets/)
- Grade: D (40/100)

## Criteria

| Criterion | Answer | Note | Evidence |
| --- | --- | --- | --- |
| Open source | Yes | MIT for the app, firmware and server code, published as a copy of the internal repository. | https://github.com/proto-at-block/bitkey/blob/main/LICENSE |
| No trackers or telemetry | No | Exodus finds Bugsnag in the Android app, and the website loads Google Tag Manager and Amplitude. | https://reports.exodus-privacy.eu.org/en/reports/world.bitkey.app/latest/ |
| No ads or data sales | Partial | Funded by hardware sales with no ads in the app and no sale of personal information, but website data is shared with advertising platforms to market Bitkey. | https://bitkey.world/legal/privacy-notice |
| Independent audit | No | No independent audit is published. |  |

Source: https://privacyratings.com/crypto-wallets/bitkey/
Edit: https://github.com/privacyratings/privacyratings.com/edit/main/ratings/crypto-wallets/bitkey.md