STAGE 3 β€’ STEP 7 OF 7

Graduate to Multisig

Time Required: 10 minutes

🎯 When You Hit $10,000

Single-signature wallets are great for getting started.
But when your Bitcoin is worth serious money, it's time to upgrade your security.
Multisig = Multiple keys required to spend.

What Is Multisig?

Multisig (multi-signature) means multiple keys must approve a transaction before Bitcoin can be spent.

Simple Analogy

  • Single-sig: 1 key = 1 door lock. Lose the key = lose your Bitcoin.
  • 2-of-3 multisig: 3 keys exist, any 2 can unlock. Lose 1 key? Still secure.
  • 3-of-5 multisig: 5 keys exist, any 3 can unlock. Maximum redundancy.

Why Multisig Matters

🏒 Multisig Service Providers

These companies specialize in making multisig easy. They hold 1 key, you hold the others.

🏠 Casa

  • Setup: 3-of-5 multisig (Casa holds 1 key)
  • Best for: Premium support, inheritance planning
  • Cost: ~$300/year
  • Hardware: Works with any hardware wallet

keys.casa

⛓️ Unchained

  • Setup: 2-of-3 multisig (Unchained holds 1 key)
  • Best for: Concierge service, collaborative custody
  • Cost: Free tier + paid tiers
  • Hardware: Coldcard recommended

unchained.com

DIY Option: Sparrow Wallet

  • Full control: You manage all keys yourself (2-of-3, 3-of-5, etc.)
  • Cost: Free (open-source)
  • Best for: Advanced users who want maximum sovereignty
  • Trade-off: More technical setup, no customer support

sparrowwallet.com

πŸŽ“ Graduation Timeline

Suggested Upgrade Path

  • $100 - $1,000: Single-sig mobile wallet (Blue Wallet, Muun) βœ… You're here
  • $1,000 - $10,000: Single-sig hardware wallet (Coldcard, Trezor)
  • $10,000+: 2-of-3 multisig (Casa, Unchained, or Sparrow)
  • $100,000+: 3-of-5 multisig with geographically distributed keys

Important Notes

  • Don't rush into multisig before you're ready
  • Practice with testnet Bitcoin first
  • Understand the recovery process before committing funds
  • More keys = more complexity (but also more security)

πŸ›‘οΈ Interactive: Multisig Setup Wizard

Explore multisig setups (2-of-3, 3-of-5) before you commit. Learn key management strategies and recovery scenarios.

Explore Multisig Wizard β†’

No Bitcoin required β€’ Safe to experiment

βœ… Multisig Readiness Checklist

πŸŽ‰ Congratulations! Path Complete!

You've gone from zero to Bitcoin sovereign in 68 minutes.

You now know how to:
βœ… Buy Bitcoin β€’ βœ… Self-custody β€’ βœ… Backup seeds β€’ βœ… Test recovery
βœ… Send transactions β€’ βœ… Use Lightning β€’ βœ… Upgrade to multisig

πŸš€ What's Next?

  • Practice what you learned: Use your wallet regularly
  • Stack sats: Set up recurring Bitcoin purchases
  • Keep learning: Explore our deep dives and interactive demos
  • Stay updated: Bitcoin tech evolvesβ€”keep your knowledge fresh