Onramp vs Foundation (Passport)
Onramp vs Foundation (Passport): What the Data Shows
Onramp and Foundation (Passport) both operate in the dedicated custody space, but they take fundamentally different approaches to how your bitcoin is held. The scores are close — Onramp at 90/100 (A) and Foundation (Passport) at 82/100 (A-). When the gap is this narrow, the details matter: custody model, single points of failure, and the fine print on fees.
Where Each Platform Wins
Custody and security — the most heavily weighted category in our methodology at 35% — tilts 9 points toward Onramp (94 vs. 85). On fees, Foundation (Passport) wins by 8 points. Foundation (Passport) charges ~$200 compared to $250/mo at Onramp. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators. Onramp's strongest advantage is in features (88 vs. 70), where Onramp's product breadth and tooling makes a measurable difference.
The Custody Question
Both Onramp and Foundation (Passport) have addressed the single-point-of-failure problem — neither relies on a single custodian or a single set of keys. That puts both platforms ahead of the majority of the industry. The difference comes down to implementation: Onramp uses Multi-Institution Custody, while Foundation (Passport) uses Hardware Wallet.
Bottom Line
Onramp edges out Foundation (Passport) by 8 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize only platform distributing keys across multiple regulated custodians and jurisdictions. inheritance, dynasty trusts, insurance on segregated incidents. over open source hardware and software. beautiful industrial design. bitcoin-only.. Keep in mind these platforms target different audiences — Onramp is built for institutions & hnw, while Foundation (Passport) serves bitcoin purists. One thing to watch with Foundation (Passport): smaller company. physical exposure risk. self-custody burden..
Which is better, Onramp or Foundation (Passport)?
Based on our six-category scoring methodology, Onramp scores higher at 90/100 compared to 82/100. The biggest differentiator is custody security, which accounts for 35% of the overall score. However, the right choice depends on your individual needs — review the category breakdown above.
Is Onramp safe for storing Bitcoin?
Onramp scored 94/100 on custody and security in our methodology. It has no single point of failure, distributing custody across multiple entities. Its custody model is classified as Multi-Institution Custody. Always verify these details and do your own research.
Does Foundation (Passport) have a single point of failure?
No. Foundation (Passport) has eliminated single-point-of-failure risk through its Hardware Wallet model, distributing keys or access across multiple entities.
What are the fees for Onramp vs Foundation (Passport)?
Onramp charges $250/mo. Foundation (Passport) charges ~$200. Onramp scored 82/100 on fees versus 90/100 for Foundation (Passport) in our methodology.