Bitcoin News Is Not For Sale

Please don’t skip this message — it only takes a few minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent media that is bitcoin-only is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 won’t break you, we hope.

To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. Each and every one of our writers has an active tipping widget.
  • Join our campaign on Awesome perks are waiting for you such as the Bukele Blend Coffee.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

Funding Progress

New hardware wallet lets you store your Bitcoin in credit card format

written by

Satochip Hardware Wallet

Support free journalists: > send a tip

This article is sponsored by Satochip. Satochip values free media and supports independent journalism.

A Belgian hardware wallet manufacturer is looking to combine the convenience and feel of a credit card with the power of Bitcoin. The chipcard allows users to gift, store, and secure bitcoin.

A Closer Look at the Satochip hardware wallet

The young startup is already offering three different products. The Satochip, the Satodime and the Seedkeeper. The Satochip card, which stands for “secure anonymous trustless and open chip” is a hardware wallet based on a smart card similar to a bank card.

Satochip: A new way to gift, spend, and store satoshis

The Satochip hardware wallet will allow you to gift, store, and secure your Satoshis

Hardware wallets allow for “cold storage” of one’s bitcoin private keys. In comparison, a “hot wallet” such as your bitcoin wallet on your phone, is located on a device that is constantly online. This makes it more vulnerable, since the constant connection to the internet also comes with exposure to certain attacks and threats.

A hardware wallet keeps your private keys offline and safely stored within a secure element. In other words, a hardware wallet is considered a more sage solution to secure your Bitcoin.

Hardware wallets are designed with a focus on security while still maintaining a level of convenience to withdraw funds, make payments and sign transaction.

In its FAQ the company explains:

Satodime: how do I get funds out?

First, you have to unseal the corresponding keyslot to be able to export the private key (in plaintext or WIF format). Import the private key using your favorite software wallet such Electrum or MyEtherWallet.

The goal here is not to make daily transfers, although this is still possible with Satochip, but rather to keep a certain amount of bitcoin or satoshis safe that a user doesn’t plan to access for several months or even years.

It is therefore not an alternative, but a complementary solution to secure sats. To access the information on the chip, a user will need a card reader or an NFC reader. A compatible smart card reader is found on the Satochip’s webshop, but any reader will be compatible.

Open source and community driven

The company manufactures the cards in Belgium with parts from coming from around the world. The Satochip applet, the micro-code loaded on the chip is 100% open source and geared towards the Bitcoin community. This means that you can check the code by yourself and understand how it works. Don’t trust, verify!

The Satochip hardware wallet is integrated (natively or not) with several well-known software clients such Electrum, Electron Cash, MyEtherWallet or Metamask. Thanks to this wide range of software wallets that are compatible, the cards are very easy to use. These are software versions optimized by the Satochip team to be compatible with the Satochip card.

Open source nature allows you to build the software from the sources or even benefit from improvements made by the community of developers around the world.

You can get more information about how to use your hardware wallet by reading the Satochip Start page.

A special edition with Miami design

A reliable solution at an affordable price

The emphasis has been put on security which allowed Satochip to attain certification under EAL6 an international security evaluation standard.

However, the simplicity in design and use of materials also makes the chipcards very affordable. The products start selling from 25 EUR (28 USD) which beats any other hardware wallet on the market in regards to price.

One of the great strengths of the Satochip wallet is that it remains very affordable even for people with low income. It makes it one of the cheapest hardware wallet on the market. Moreover, worldwide delivery is free.

A must have for any bitcoiner

In conclusion, Satochip takes a new and innovative approach to securing bitcoin keys. The small size make the satodime an ideal gift for a wedding or newborn. And it allows to use bitcoin as a bearer asset by simply handing over a card the same size as a credit card.

Satochip Information Links

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter