Sparrow vs Unchained

Updated: October 2025

Quick take

Sparrow is suited to self‑custody on desktop with manual seed backups and full node connectivity. Unchained fits users preferring a 2‑of‑3 collaborative custody vault with guided recovery and hardware wallet support. Compare custody design, recovery process, node integration, and day‑to‑day control.

Sparrow vs Unchained — full comparison (Store it safely)
Platform
Desktop wallet
Collaborative custody
Supported Networks
Bitcoin
Bitcoin
Features
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
positive icon Recovery-friendly
positive icon Concierge & inheritance support
positive icon Works with hardware wallets
negative icon US only
negative icon Balances visible to company
negative icon KYC required
Price
Free
Custody & Control
Non-custodial
Collaborative custody (2-of-3 multisig)
Recovery Method
Manual seed backup
Unchained can co-sign if a key is lost
Open Source
Yes
Partial (Caravan OSS)
Does it connect to your own node?
Yes – Bitcoin Core or Electrum server (Tor supported)
No
User Experience
0.0 out of 5
rate (0)
0.0 out of 5
rate (0)
Interface
DesktopDesktop only
Mobile & DesktopMobile & Desktop
App Ratings
No app available
iOS: 4.9
Android: Not available
Profile
Founder(s)
Craig Raw
Craig Raw
Dhruv Bansal & Joe Kelly
Dhruv Bansal & Joe Kelly
Company description

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.

Unchained is a Bitcoin financial services company focused on helping individuals and businesses secure their Bitcoin through collaborative custody. Their main product is a multisig vault that uses a 2...

Unchained is a Bitcoin financial services company focused on helping individuals and businesses secure their Bitcoin through collaborative custody. Their main product is a multisig vault that uses a 2-of-3 key setup, where the user holds two keys and Unchained holds the third. This setup allows users to maintain full control over their Bitcoin while enabling Unchained to assist in recovery if needed, without ever having unilateral access to the funds.

Founded in
2020
2016
Website
Availability
AvailabilityAvailable globally
Available in United States

FAQs

Does Sparrow support multisig and hardware wallets?

Yes. Sparrow can create and manage multisig and works with hardware wallets, with deep coin control and your own node.

Is Unchained self-custody or custodial?

Collaborative custody. Unchained uses 2-of-3 multisig where you hold two keys and Unchained can co-sign for recovery.

Can Sparrow connect to my own node?

Yes. Sparrow connects to Bitcoin Knots or Core, or your own Electrum server (including over Tor).

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