According to crypto.news, BitHide offers businesses a secure, non-custodial crypto wallet that includes IP masking, encryption, and mass payout features, ensuring privacy, control, and seamless management of crypto assets.
Table of Contents
- BitHide: A secure crypto wallet for companies
- Mnemonic phrase for users
- Non-custodial product
- IP address masking
- Database encryption
- Optional KYC checks
- Built-in risk assessment for crypto assets
- Crypto wallet management with BitHide: Intuitive and easy
- Unlimited sub-wallets and addresses
- Collaborative access
- Report generation and exporting
- Automated withdrawals and mass payouts
- Competent and fast technical support
- Why BitHide is the ideal choice for businesses
When selecting a crypto wallet for business, entrepreneurs often have specific requirements: “I need control over my assets,” “I want to minimise the risk of blocked funds,” “I need the ability to execute mass payouts and automated withdrawals,” and “It’s essential that my transactions remain untraceable by competitors or hackers.”
These needs highlight significant pain points, which the BitHide team has effectively addressed, providing high-quality crypto processing tailored for businesses.
BitHide: A Secure Crypto Wallet for Companies
Confidence in the safety of cryptocurrency assets is vital for business growth. BitHide alleviates security concerns through a range of innovative features.
Mnemonic Phrase for Users
Business owners using BitHide retain full control over their crypto assets. Upon their first login, users receive a seed phrase, ensuring access to their funds even if the server is compromised.
Non-Custodial Product
BitHide’s software is installed on the client’s own server, preventing any third-party interference with the company’s finances.
IP Address Masking
Cryptocurrencies aren’t as anonymous as many believe. Hackers and corporations can set up nodes globally to capture users’ IP addresses during transactions. For businesses, exposing their wallet’s real IP can lead to serious risks.
BitHide’s Dark Wing technology, which integrates VPN and Tor, changes the IP address multiple times, making it virtually impossible to trace. This guarantees that managing a crypto wallet with BitHide is secure and private.
Database Encryption
In addition to the seed phrase, every BitHide client receives a unique 512-bit key upon first login. This key secures both access and the encryption of transaction history.
Optional KYC Checks
As a software solution, BitHide allows clients to decide whether their users need to undergo KYC checks.
Built-In Risk Assessment for Crypto Assets
A crucial feature when choosing a crypto wallet for business is the ability to assess the risk levels of cryptocurrencies within the wallet.
BitHide enables clients to evaluate both internal and external addresses, either manually or automatically. This helps businesses avoid mixing high- and low-risk assets, significantly lowering the chances of funds being blocked.
Crypto Wallet Management with BitHide: Intuitive and Easy
While security is essential, ease of use is equally important when selecting a tool for crypto processing. BitHide offers an extensive range of features, making crypto management as straightforward as handling fiat currency.
Unlimited Sub-Wallets and Addresses
For managing multiple revenue streams, the ability to create unlimited sub-wallets and addresses is essential. This promotes clear financial flows and allows users to add comments to transactions or addresses, simplifying auditing and report generation.
Collaborative Access
BitHide enables businesses to assign roles to employees, ensuring everyone has the appropriate level of access to the wallet.
Report Generation and Exporting
Balance reports and transaction tracking are critical for any business. With BitHide, users can generate and export reports in Excel or CSV formats, assign payment purposes, and capture crypto exchange rates at the time of deposit.
Automated Withdrawals and Mass Payouts
Clients can set up one-time or recurring automated withdrawals to one or multiple addresses. BitHide also features mass payout functionality, allowing users to send funds to over 10-20 addresses simultaneously.
Competent and Fast Technical Support
BitHide’s dedicated technical support team resolves user issues or concerns within five minutes, ensuring prompt assistance.
Why BitHide is the Ideal Choice for Businesses
BitHide meets all essential criteria for a business crypto wallet. It guarantees security, privacy, and user-friendliness, providing all the tools necessary for effective management of cryptocurrency financial flows. With BitHide, users can focus on growing their business without the hassle of dealing with inadequate tools not designed for corporate needs.