Bitcoin payment processing. Lightning-native. POS integration.
Custodial Lightning wallet. Not designed for long-term storage.
Custody feature data not yet available.
1 independent party or system must fail before a Speed (Bitcoin Wallet) holder's bitcoin is at risk.
Speed (Bitcoin Wallet)'s custody insurance is not publicly disclosed.
Speed (Bitcoin Wallet) uses a custodial lightning model and scores 60/100 in our independent review, including 45/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.
Speed (Bitcoin Wallet)'s custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Because Speed (Bitcoin Wallet) holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.
Speed (Bitcoin Wallet) does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.