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

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

Verdict

Quick Verdict

Onramp scores 8.7 vs Blockstream Jade's 5.4. Onramp leads in 6 of 8 categories.

Onramp is better suited for Family offices, RIAs, HNW individuals. Blockstream Jade is better suited for Budget-conscious Bitcoiners, Blockstream ecosystem users, Liquid Network users.

8.7

Very GoodCustody Score

Onramp

5.4

Below AverageCustody Score

Blockstream Jade

Scores

Score Comparison

Weighted scores across all 8 custody criteria.

Criterion	Weight	Onramp	Blockstream Jade	Winner
Security	20%	9.5	8.0	Onramp
Insurance	15%	9.0	1.0	Onramp
Regulatory	15%	8.5	1.0	Onramp
Fee Transparency	10%	7.5	9.5	Blockstream Jade
Track Record	15%	8.0	6.5	Onramp
Withdrawal Flexibility	10%	8.5	9.5	Blockstream Jade
Reporting & Audit	10%	8.5	2.0	Onramp
Counterparty Diversification	5%	10.0	9.0	Onramp
Overall Score	100%	8.7	5.4	Onramp

Visual

Score Radar

Visual overlay of Onramp and Blockstream Jade across all categories.

OnrampBlockstream Jade

Deep Dive

Category-by-Category Analysis

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

Security (9.5 vs 8.0)

Onramp uses Multi-institution distributed key management with Varies by underlying custodian in cold storage and regular penetration testing. Compliance: Via underlying custodians (SOC 1 & SOC 2). Incident history: No incidents.

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 (9.0 vs 1.0)

Onramp offers Aggregate coverage across multiple custodian insurance policies via Multiple (via underlying custodians). Each underlying custodian maintains their own insurance. Combined coverage exceeds single-custodian limits.

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

Regulatory (8.5 vs 1.0)

Onramp holds State money transmitter licenses and is a qualified custodian operating in United States. Regulated through underlying custodian partnerships with qualified custodians

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

Fee Transparency (7.5 vs 9.5)

Onramp charges Contact for pricing in annual custody fees with 0.50% per trade (brokerage) per transaction. Also offers Onramp Finance: lowest-cost Bitcoin brokerage at 50bps, 5% APY on cash, 1.5% cashback card

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

Track Record (8.0 vs 6.5)

Onramp was founded in 2021 and is headquartered in Austin, TX. AUM: $1B+. Incident history: No incidents.

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 (8.5 vs 9.5)

Onramp withdrawal fees: Contact for pricing. Minimum account: $100,000. Supported assets: Bitcoin.

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

Reporting & Audit (8.5 vs 2.0)

Onramp: SOC compliance is Via underlying custodians (SOC 1 & SOC 2). As a qualified custodian, it meets SEC reporting requirements.

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

Counterparty Diversification (10.0 vs 9.0)

Onramp is a multi-institution custody provider. Key management: Multi-institution distributed custody — keys and assets spread across multiple independent regulated custodians (BitGo, Coinbase, Fidelity, etc.).

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 Onramp and Blockstream Jade.

Fee Type	Onramp	Blockstream Jade
Setup Fee	Contact for pricing	$65 (device purchase)
Annual Custody	Contact for pricing	None
Transaction	0.50% per trade (brokerage)	Network fees only
Withdrawal	Contact for pricing	Network fees only

Onramp: Also offers Onramp Finance: lowest-cost Bitcoin brokerage at 50bps, 5% APY on cash, 1.5% cashback card

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

Features

Feature Comparison

Checklist of features across both providers.

Feature	Onramp	Blockstream Jade
1.5% cashback card	✓	✗
5% APY on cash balances	✓	✗
Affordable	✗	✓
Bitcoin brokerage services (Onramp Finance)	✓	✗
Blockstream Green integration	✗	✓
Camera for air-gapped QR signing	✗	✓
Institutional-grade security and compliance	✓	✗
Liquid Network support	✗	✓
Multi-Institution Custody across multiple regulated custodians	✓	✗
No single point of failure	✓	✗
Open-source	✗	✓
Virtual secure element	✗	✓
White-glove onboarding for institutions	✓	✗

Recommendation

Who Should Choose Which?

Onramp is better if you…

✓Are a family offices
✓Are a rias
✓Are a hnw individuals
✓Are a institutions
✓Want: Only provider offering true multi-institution custody — no single point of failure
✓Want: Aggregated insurance coverage exceeds any single custodian
✓Want: $1B+ in assets under custody demonstrates institutional trust

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 Onramp or Blockstream Jade better for Bitcoin custody?

Onramp scores 8.7 vs 5.4 in our weighted Custody Score. Onramp leads in 6 of 8 scoring categories. However, the best choice depends on your specific needs: Onramp is best for Family offices and RIAs, while Blockstream Jade suits Budget-conscious Bitcoiners and Blockstream ecosystem users.

What is the difference between Onramp and Blockstream Jade?

Onramp is a multi-institution custody provider, while Blockstream Jade is a cold storage / hardware provider. Onramp excels in Counterparty Diversification, whereas Blockstream Jade is strongest in Fee Transparency.

How do Onramp and Blockstream Jade fees compare?

Onramp charges Contact for pricing annual custody fees with 0.50% per trade (brokerage) transaction fees. Blockstream Jade charges None annual custody fees with Network fees only transaction fees.

Which is more secure, Onramp or Blockstream Jade?

Onramp scores 9.5/10 for security while Blockstream Jade scores 8.0/10. Onramp uses Multi-institution distributed key management, and Blockstream Jade uses Virtual secure element hardware wallet.