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Ownbit vs ShapeShift

How Ownbit vs ShapeShift compare on our ratings, wallet specs, funding, pros and cons.

Ownbit3.7/5
VS
ShapeShift4.2/5
Feature
OwnbitVisit
ShapeShiftVisit
Ratings
Our score3.7/54.2/5
User ratingNo reviews yetNo reviews yet
Security3.04.0
Ease of use3.54.0
Chain support4.54.5
Features4.04.0
Privacy4.04.5
Specs
KYC required No No
Wallet typeMobileMobile, Web
CustodySelf-custodialSelf-custodial
ChainsBitcoin, Ethereum, Solana, BNB Chain, Optimism, Tron, OtherEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, Other
PlatformsiOS, AndroidiOS, Android
Open source No Yes
Hardware wallet support No Yes
In-app swaps Yes Yes
StakingNot disclosed Yes
NFT support YesNot disclosed
Buy crypto in appNot disclosed Yes
WalletConnect Yes Yes
Security featuresAir-gapped QR signing, Multi-signature (m-of-n), Biometric authentication (Face ID), Local key encryption, BIP39 recovery phraseNot disclosed
Recovery without a seed phrase NoNot disclosed
Passkey login NoNot disclosed
Multisig YesNot disclosed
Built-in dApp browser YesNot disclosed
Swap feeNot disclosed0%
Perpetuals trading NoNot disclosed
Company
Founded20182014
HeadquartersSingaporeSwitzerland
InvestorsNot disclosedEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3
Strengths and weaknesses
Pros
  • Eliminates dedicated hardware wallet costs by using offline smartphones as air-gapped signers
  • Self-custodial keys remain encrypted locally without central server custody
  • Supports native multisig on Bitcoin, XRP Ledger, and Stellar without third-party smart contracts
  • No identity verification or account KYC required to set up wallets
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
Cons
  • No commercial third-party security audits completed for application code
  • Advanced multisig tiers require annual subscriptions ranging from $69 to $599
  • Forgotten wallet passwords cannot be recovered without an offline seed phrase backup
  • Desktop and browser extension interfaces are unavailable
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
Best forTeams managing multi-signature treasury assets, Users creating air-gapped phone cold storage, Self-custody setups requiring no KYCKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration users

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.