PROOFOFCUSTODY
Scores
Incidents
Learn
About
Get the Report
PROOFOFCUSTODY

The independent scoring system for Bitcoin custody. Every platform scored and ranked.

$1B+ in assets under custody expertise

No spam. Unsubscribe anytime.

PLATFORM SCORES
All ScoresCompareMethodologyIndependence StandardDataCustody Assessment
LEARN
Bitcoin 101Custody GuidesCustody InsuranceIs Your Setup Safe?Custody TimelineIncidentsFAQQuiz
COMPANY
AboutAuthorsEditorial IndependenceChangelogCorrections
RESOURCES
PodcastPressReport
CONNECT
Twitter / XLinkedInYouTubehello@proofofcustody.io
2026 Proof of Custody. Published by Onramp Bitcoin. Editorial Independence.PrivacyTermsproofofcustody.io
Back to Scores
Head-to-Head Comparison

Unchained vs Strike Rewards

Scores last updated September 22, 2026

85
Unchained
A-Distributed
Collaborative Multisig
57
Strike Rewards
CSPOF
Custodial
Unchained leads overall with a score of 85/100. Unchained wins in 6 categories, Strike Rewards wins in 0.
Custody & SecurityEase of UseFeesFeaturesTransparencySupportUnchainedStrike Rewards
Category
Unchained
A-
Strike Rewards
C
Overall Score
85
57
Custody & Security
35% weight
90
55
Ease of Use
20% weight
80
72
Fees
15% weight
75
60
Features
10% weight
86
60
Transparency
10% weight
85
40
Support
10% weight
85
45

Who each is for

Fit follows the custody model, not the brand.

Unchained

Collaborative multisig

You hold most keys, the provider holds one, and no single party can move funds alone.

A good fit for
  • Technical-enough holders who want real control with a safety net — comfortable with hardware wallets, firmware updates, and a signing ceremony
  • People whose main fear is their own single point of failure: one lost device no longer means lost coins
  • Holders who want to verify rather than trust: the quorum is inspectable on-chain
The wrong choice for
  • The non-technical spouse, parent, or heir who will one day hold this alone — if they cannot run a signing ceremony, the arrangement quietly becomes single-provider custody the day you are gone
  • Anyone who will not maintain it: devices need firmware, backups need checking, and vendor diversity is your job, not the provider's
  • Holders under physical-security threat: keys at home mean the threat model includes your address
Strike Rewards

Exchange / single custodian account

One company holds the keys; you hold a claim on the company.

A good fit for
  • First purchases and small balances, where losing the amount would sting but not change your life
  • Active traders who need the coins next to the order book
  • Anyone still deciding — parking funds briefly at a reputable exchange beats a rushed self-custody setup you have not tested
The wrong choice for
  • Life-changing amounts: you are an unsecured creditor in the failure case, and every era of our incident registry includes this exact loss
  • Long horizons: platform risk compounds with time in a way price risk does not
  • Anyone whose plan for the provider failing is 'they seem too big to fail' — that was said of every name in the registry
Category Breakdown
Custody & Security
35% of overall score
90
Unchained
vs
55
Strike Rewards
Ease of Use
20% of overall score
80
Unchained
vs
72
Strike Rewards
Fees
15% of overall score
75
Unchained
vs
60
Strike Rewards
Features
10% of overall score
86
Unchained
vs
60
Strike Rewards
Transparency
10% of overall score
85
Unchained
vs
40
Strike Rewards
Support
10% of overall score
85
Unchained
vs
45
Strike Rewards
Fee Comparison
Unchained
$250/yr + trading
Min: $0
Strike Rewards
Free
Min: $0
Custody Features
Unchained
Multisig
✕Multi-Institution
No Single Point of Failure
Segregated Accounts
Proof of Reserves
✕Insurance
Regulated Custodian
✕No Physical Exposure
✕Multi-Jurisdiction
Inheritance
✕Segregated Insurance
IRA
Lending
Buy/Sell
✕Dynasty Trusts
Strike Rewards

N/A

Our Analysis

Unchained vs Strike Rewards: What the Data Shows

Unchained (dedicated custody) and Strike Rewards (yield and lending) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? In our scoring model, Unchained holds a commanding lead at 85/100 (A-) compared to Strike Rewards at 57/100 (C). That 28-point gap reflects real, measurable differences in how each platform handles custody, fees, and transparency.

Where Each Platform Wins

Custody and security — the most heavily weighted category in our methodology at 35% — tilts 35 points toward Unchained (90 vs. 55). Unchained eliminates single points of failure in its custody architecture, while Strike Rewards relies on a model where one compromised entity could put your bitcoin at risk. On fees, Unchained wins by 15 points. Unchained charges $250/yr + trading compared to Free at Strike Rewards. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators. Unchained's strongest advantage is in transparency (85 vs. 40), where Unchained's approach to proof-of-reserves and public documentation makes a measurable difference.

The Custody Question

Here's the key difference: Unchained has no single point of failure (Collaborative Multisig), while Strike Rewards does (Custodial). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.

Bottom Line

Unchained is the clear choice here, outscoring Strike Rewards by 28 points across our six-category methodology. Keep in mind these platforms target different audiences — Unchained is built for self-sovereign, while Strike Rewards serves passive stackers. One thing to watch with Strike Rewards: custodial. small reward amounts. not a yield product per se.. The data speaks for itself — but always verify our methodology and do your own due diligence before moving bitcoin to any platform.

Frequently Asked Questions

Which is better, Unchained or Strike Rewards?

Based on our six-category scoring methodology, Unchained scores higher at 85/100 compared to 57/100. 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 Unchained safe for storing Bitcoin?

Unchained scored 90/100 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 Collaborative Multisig. Always verify these details and do your own research.

Does Strike Rewards have a single point of failure?

Yes. Strike Rewards uses a Custodial model, which means a single compromised entity could put your bitcoin at risk. This is a structural concern for long-term holders.

What are the fees for Unchained vs Strike Rewards?

Unchained charges $250/yr + trading. Strike Rewards charges Free. Unchained scored 75/100 on fees versus 60/100 for Strike Rewards in our methodology.

Frequently asked questions
Which is better for inheritance, Unchained or Strike Rewards?+

Unchained offers dedicated inheritance or beneficiary features. Strike Rewards does not advertise a dedicated inheritance feature. Match the mechanism, whether beneficiary designation, trust titling, or key inheritance, to your estate plan.

Which has insurance, Unchained or Strike Rewards?+

Unchained's custody insurance is not publicly disclosed. Strike Rewards's custody insurance is not publicly disclosed. Custody insurance covers specific named events up to shared limits, not price loss or every failure mode. Verify current terms before relying on coverage.

Which requires me to hold my own keys, Unchained or Strike Rewards?+

Unchained involves the holder in key control. Strike Rewards manages keys for you; you hold none. This is the core structural difference to weigh.

Unchained Full ReviewStrike Rewards Full Review