Bitkey vs Sparrow

Updated: October 2025

Quick take

Bitkey offers a mobile‑first 2‑of‑3 setup with device pairing, cloud‑assisted recovery, and no seed memorization. Sparrow is a non‑custodial desktop wallet with manual seed backups, advanced coin control, and robust node connectivity. Compare recovery approach, device model, node options, and everyday usability.

Bitkey vs Sparrow — full comparison (Store it safely)
Platform
Physical device (hardware wallet) + mobile app
Desktop wallet
Supported Networks
Bitcoin
Bitcoin
Features
positive icon No seed phrase memorization
positive icon Two-of-three key security model
positive icon Easy to setup and use
negative icon No screen on device
positive icon Full control
positive icon Detailed UTXO/coin control
positive icon Integration with your own node
negative icon Steeper learning curve
negative icon Desktop only
negative icon No Lightning support
Price
$149 for device
Free
Custody & Control
Shared custody: you hold two out of three keys
Non-custodial
Recovery Method
Cloud + device pairing
Manual seed backup
Open Source
No
Yes
Does it connect to your own node?
Yes
Yes – Bitcoin Core or Electrum server (Tor supported)
User Experience
0.0 out of 5
rate (0)
0.0 out of 5
rate (0)
Interface
MobileMobile only
DesktopDesktop only
App Ratings
iOS: 4.6
Android: 4.2
No app available
Profile
Founder(s)
Jack Dorsey
Jack Dorsey
Craig Raw
Craig Raw
Company description

Bitkey is a mobile and hardware wallet developed by Block and designed for people new to Bitcoin who want simple, secure self-custody. The system combines a phone app with a wireless hardware device a...

Bitkey is a mobile and hardware wallet developed by Block and designed for people new to Bitcoin who want simple, secure self-custody. The system combines a phone app with a wireless hardware device and an encrypted cloud backup, using a 2-of-3 multisig model to keep users in control of their funds. This structure allows users to recover access even if they lose their phone or the device, adding safety without relying on seed phrases.

Sparrow Wallet is a desktop Bitcoin wallet designed to give users full control over their bitcoin. It was created by developer Craig Raw and is open-source, privacy-focused, and ideal for both beginne...

Sparrow Wallet is a desktop Bitcoin wallet designed to give users full control over their bitcoin. It was created by developer Craig Raw and is open-source, privacy-focused, and ideal for both beginners and advanced users. The wallet works on Windows, macOS, and Linux.

Founded in
2024
2020
Website
Availability
AvailabilityAvailable globally
AvailabilityAvailable globally

FAQs

Is Sparrow a hardware wallet?

No. Sparrow is a desktop software wallet that can pair with hardware devices.

Does Bitkey require me to memorize a seed phrase?

No. Bitkey replaces traditional seed phrases with device pairing and an encrypted cloud backup.

Can Sparrow work with hardware devices?

Yes. Sparrow integrates with popular hardware wallets and can connect to your own node.

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