Frequently asked questions

Question 1

What is Bity Wallet?

Accepted Answer

Bity Wallet is a Swiss-regulated software wallet / mobile wallet with a privacy-first design that supports ERC-20 and ICP tokens. Bity Wallet allows users to buy, sell, store, swap and manage crypto and gold, and provides features to pay bills directly in Switzerland.

Question 2

Is Bity Wallet safe & legit?

Accepted Answer

Bity Wallet is non-custodial and closed source. Bity Wallet has not experienced hacks, exploits, or scandals. Security measures include encrypted storage of private keys, recovery seed support, and Swiss-grade regulatory compliance.

Question 3

Who created Bity Wallet?

Accepted Answer

Bity Wallet was created by Bity SA, a company founded by Alexis Roussel, Gian Bochlser, Romain Braud and Yves Honoré.

Question 4

Where is Bity Wallet's company based?

Accepted Answer

The company behind Bity Wallet, Bity SA, is headquartered in Neuchatel, Switzerland.

Question 5

How does Bity Wallet work?

Accepted Answer

Bity Wallet is a mobile wallet that where Users manage assets, perform instant trades, and pay bills directly from the app. Bity Wallet stores private keys locally for non-custodial control, supports multiple wallets and recovery seeds, and connects securely to blockchains for transactions.

Question 6

When was Bity Wallet launched?

Accepted Answer

Bity Wallet was released on May 13, 2024.

Bity Wallet

Tags

Form

Storage

Platform

Software