BitBox02 vs Blockstream Jade — Head-to-Head Custody Comparison

An independent, data-driven comparison of BitBox02 and Blockstream Jade across security, insurance, fees, regulatory compliance, and more.

Verdict

Quick Verdict

BitBox02 scores 5.9 vs Blockstream Jade's 5.4. BitBox02 leads in 3 of 8 categories.

BitBox02 is better suited for Privacy-focused users, Swiss quality seekers, Bitcoin-only users. Blockstream Jade is better suited for Budget-conscious Bitcoiners, Blockstream ecosystem users, Liquid Network users.

5.9

Below AverageCustody Score

BitBox02

5.4

Below AverageCustody Score

Blockstream Jade

Scores

Score Comparison

Weighted scores across all 8 custody criteria.

Criterion	Weight	BitBox02	Blockstream Jade	Winner
Security	20%	9.0	8.0	BitBox02
Insurance	15%	1.0	1.0	Tie
Regulatory	15%	2.0	1.0	BitBox02
Fee Transparency	10%	9.5	9.5	Tie
Track Record	15%	7.0	6.5	BitBox02
Withdrawal Flexibility	10%	9.5	9.5	Tie
Reporting & Audit	10%	2.0	2.0	Tie
Counterparty Diversification	5%	9.0	9.0	Tie
Overall Score	100%	5.9	5.4	BitBox02

Visual

Score Radar

Visual overlay of BitBox02 and Blockstream Jade across all categories.

BitBox02Blockstream Jade

Deep Dive

Category-by-Category Analysis

A deeper look at how each provider performs in every scoring criterion.

Security (9.0 vs 8.0)

BitBox02 uses Dual-chip hardware wallet key management with 100% in cold storage and regular penetration testing. Compliance: Open-source audited. Incident history: No known compromises.

Blockstream Jade uses Virtual secure element hardware wallet key management with 100% in cold storage and regular penetration testing. Compliance: Open-source audited. Incident history: No known compromises.

Insurance (1.0 vs 1.0)

BitBox02 offers None — self-custody hardware via N/A. Hardware wallet. Full user responsibility.

Blockstream Jade offers None — self-custody hardware via N/A. Hardware wallet. Full user responsibility.

Regulatory (2.0 vs 1.0)

BitBox02 holds N/A — hardware manufacturer and is not a qualified custodian operating in Switzerland. Shift Crypto AG — Swiss-registered company.

Blockstream Jade holds N/A — hardware manufacturer and is not a qualified custodian operating in Canada. Blockstream Corporation — major Bitcoin infrastructure company.

Fee Transparency (9.5 vs 9.5)

BitBox02 charges None in annual custody fees with Network fees only per transaction. Swiss quality. Bitcoin-only edition available for maximalists.

Blockstream Jade charges None in annual custody fees with Network fees only per transaction. Most affordable quality hardware wallet. Blockstream Green integration.

Track Record (7.0 vs 6.5)

BitBox02 was founded in 2019 and is headquartered in Zurich, Switzerland. AUM: N/A (hardware manufacturer). Incident history: No known compromises.

Blockstream Jade was founded in 2021 and is headquartered in Victoria, BC, Canada. AUM: N/A (hardware manufacturer). Incident history: No known compromises.

Withdrawal Flexibility (9.5 vs 9.5)

BitBox02 withdrawal fees: Network fees only. Minimum account: ~$149 (Multi) / ~$129 (Bitcoin-only). Supported assets: Bitcoin, Ethereum, 1,500+ (Multi edition).

Blockstream Jade withdrawal fees: Network fees only. Minimum account: ~$65 (Jade Plus). Supported assets: Bitcoin, Liquid Network assets.

Reporting & Audit (2.0 vs 2.0)

BitBox02: SOC compliance is Open-source audited. Not classified as a qualified custodian.

Blockstream Jade: SOC compliance is Open-source audited. Not classified as a qualified custodian.

Counterparty Diversification (9.0 vs 9.0)

BitBox02 is a cold storage / hardware provider. Key management: Dual-chip hardware wallet. Open-source. Swiss-made. Touch slider interface..

Blockstream Jade is a cold storage / hardware provider. Key management: Open-source hardware wallet with virtual secure element and camera for air-gapped QR signing..

Fees

Fee Comparison

Side-by-side fee breakdown for BitBox02 and Blockstream Jade.

Fee Type	BitBox02	Blockstream Jade
Setup Fee	$129-$149 (device purchase)	$65 (device purchase)
Annual Custody	None	None
Transaction	Network fees only	Network fees only
Withdrawal	Network fees only	Network fees only

BitBox02: Swiss quality. Bitcoin-only edition available for maximalists.

Blockstream Jade: Most affordable quality hardware wallet. Blockstream Green integration.

Features

Feature Comparison

Checklist of features across both providers.

Feature	BitBox02	Blockstream Jade
Affordable	✗	✓
Bitcoin-only edition	✓	✗
Blockstream Green integration	✗	✓
Camera for air-gapped QR signing	✗	✓
Dual-chip architecture	✓	✗
Liquid Network support	✗	✓
MicroSD backup	✓	✗
Open-source	✗	✓
Open-source firmware	✓	✗
Tor support via BitBoxApp	✓	✗
Touch sliders	✓	✗
Virtual secure element	✗	✓

Recommendation

Who Should Choose Which?

BitBox02 is better if you…

✓Are a privacy-focused users
✓Are a swiss quality seekers
✓Are a bitcoin-only users
✓Are a minimalists
✓Want: Swiss-made quality and security
✓Want: Dual-chip architecture
✓Want: Fully open-source

Blockstream Jade is better if you…

✓Are a budget-conscious bitcoiners
✓Are a blockstream ecosystem users
✓Are a liquid network users
✓Are a open-source advocates
✓Want: Most affordable quality hardware wallet
✓Want: Blockstream backing and ecosystem
✓Want: Air-gapped QR signing with camera

FAQ

Frequently Asked Questions

Is BitBox02 or Blockstream Jade better for Bitcoin custody?

BitBox02 scores 5.9 vs 5.4 in our weighted Custody Score. BitBox02 leads in 3 of 8 scoring categories. However, the best choice depends on your specific needs: BitBox02 is best for Privacy-focused users and Swiss quality seekers, while Blockstream Jade suits Budget-conscious Bitcoiners and Blockstream ecosystem users.

What is the difference between BitBox02 and Blockstream Jade?

BitBox02 is a cold storage / hardware provider, while Blockstream Jade is a cold storage / hardware provider. BitBox02 excels in Fee Transparency, whereas Blockstream Jade is strongest in Fee Transparency.

How do BitBox02 and Blockstream Jade fees compare?

BitBox02 charges None annual custody fees with Network fees only transaction fees. Blockstream Jade charges None annual custody fees with Network fees only transaction fees.

Which is more secure, BitBox02 or Blockstream Jade?

BitBox02 scores 9.0/10 for security while Blockstream Jade scores 8.0/10. BitBox02 uses Dual-chip hardware wallet key management, and Blockstream Jade uses Virtual secure element hardware wallet.