Coinkite Reviews 

37
•
TrustScore 2.5 out of 5

2.3

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Rated 1 out of 5 stars

Unfortunately, a very disappointing experience with Coinkite. My BLOCKCLOCK has had recurring Wi-Fi issues from the beginning, which I already reported to support (request #504847). Despite fol... See more

Rated 1 out of 5 stars

I ordered my Coldcard MK5 on April 17th, I only unboxed it in May but because of work never got around to setting it up. Thank god I never did. After last Friday's fiasco and all those poor people who... See more

Rated 5 out of 5 stars

Everything about buying from Coinkite.com has been a positive experience. I own four of their products which are all very high quality. Their website is up to date and accurate. Their shipping is fast... See more

Company replied

Rated 1 out of 5 stars

left a simple backdoor to their devices causing millions in lost funds. Sad to see that they cannot be trusted, and caused so much devastation for bitcoiners. No other way to describe this other than... See more

Company details

  1. Computer Hardware Manufacturer

Written by the company

Coinkite is a world-leading provider of Bitcoin hardware security solutions, trusted by experts worldwide. As a pioneer in the industry, Coinkite is committed to maximum security, verifiable-source transparency, and user sovereignty. We offer a suite of products for serious Bitcoiners that let you store, manage, and transact your Bitcoin with confidence. Coinkite provides a robust, battle-tested experience with high-grade security and uncompromising privacy.


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2.3

Poor

TrustScore 2.5 out of 5

37 reviews

5-star
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1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Replied to 25% of negative reviews

Typically takes over 1 month to reply

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2.3

All reviews

(37)

19 reviews in the last 12 months

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Rated 1 out of 5 stars

Wi-Fi Problems from Day One – No Fair Solution

Unfortunately, a very disappointing experience with Coinkite.

My BLOCKCLOCK has had recurring Wi-Fi issues from the beginning, which I already reported to support (request #504847). Despite following their troubleshooting steps, the Wi-Fi never worked reliably. Now the network does not appear at all, even when tested on completely different networks.

The device is not even two years old and was quite expensive. Yet Coinkite offers neither a replacement nor a repair solution — only 25% off the purchase of another BLOCKCLOCK.

After this experience, I simply don't have the confidence to spend more money on the same product. A partial refund to help repair the existing device would have been a fair solution.

2 September 2026
Unprompted review
Rated 1 out of 5 stars

ColdCard Q hardware failure

My ColdCard Q had a Premature Hardware Failure: it stopped functioning after a very short period of time, despite being handled properly and stored in a safe, adequate environment.
CoinKite acknowledge the issue but only issue replacements not refunds.
How could I trust a company that just had historical critical firmware vulnerabilities ($100 million to $130 million worth of Bitcoin was stolen in the July/August 2026 hardware wallet exploit)?

4 September 2026
Unprompted review
Rated 1 out of 5 stars

Stay well away!

I ordered my Coldcard MK5 on April 17th, I only unboxed it in May but because of work never got around to setting it up. Thank god I never did. After last Friday's fiasco and all those poor people who had their wallets drained, I'd stay well away from Coldcard. Considering they knew about this bug in the code since 2022 and banned the Reddit user that brought it to light should tell you everything you need to know about Coinkite...

29 May 2026
Unprompted review
Rated 1 out of 5 stars

untrustworthy

left a simple backdoor to their devices causing millions in lost funds. Sad to see that they cannot be trusted, and caused so much devastation for bitcoiners. No other way to describe this other than pure negligence.

28 July 2026
Unprompted review
Rated 5 out of 5 stars

Trusted Self-Custody Tools Backed by Real Bitcoin Values

I've used COLDCARD products for years and consistently recommend them to clients, friends, and Bitcoiners looking for strong self-custody tools.

The products are thoughtfully designed, security-focused, and clearly built by people who deeply understand Bitcoin and sovereignty.

What has impressed me even more recently is their willingness to support my small Bitcoin community event, the Sunset Circuit! They sponsored prizes for our Bitcoin Race, which is centered around Bitcoin, fitness, family, and community building. That kind of support for local circular Bitcoin culture is so important!

Highly recommend.

15 May 2026
Unprompted review
Coinkite logo

Reply from Coinkite

Thank you so much for the kind words and continued support over the years! We’re honoured to be part of the Sunset Circuit and love seeing the Bitcoin community come together.

Rated 4 out of 5 stars

Great wallet, bad customer support

Coinkite makes some of the most advanced and secure hardware wallets on the market. They have very bad customer support though.

29 March 2026
Unprompted review
Coinkite logo

Reply from Coinkite

We appreciate the recommendation! It means a lot to hear that our focus on advanced security and self-custody is resonating!

Sorry to hear you had a poor experience with customer support. We answer all emails within 1-2 business days and do what we can to help out our users!

Rated 5 out of 5 stars

Bought a kit with coldcard Q

Bought a kit with coldcard Q, Mk5 and some accessories. Impressed with the quality. I came to write a review because support really helped me to get out of a pickle when upgrading from Trezor.

25 March 2026
Unprompted review
Coinkite logo

Reply from Coinkite

Glad to hear the upgrade went smoothly and that our support team could help when it mattered most. Enjoy the new setup!

Rated 5 out of 5 stars

100% the best in the business

Coinkite is absolutely 100% the best in the self-custody business - bar none. I own the Mk4, Q, and I've also purchased the sauna hat (which I've sported once already at a spa) and a t-shirt. Delivery is always exceptionally fast. What I especially appreciate is their customer privacy policy whereby they delete all unnecessary idenitfying information about their customers from their records after a certain amount of time; couldn't ask for more, given the world we live in where PII is constantly leaked from various other companies to be sold to the highest bidder, leading to the rise of wrench attacks worldwide. Coinkite is the best in the business.

27 March 2026
Unprompted review
Coinkite logo

Reply from Coinkite

Thank you so much for the support and detailed feedback. It means a lot! We're glad you're enjoying your gear and that our focus on privacy and security is making a difference.

Rated 5 out of 5 stars

Top Company

Everything about buying from Coinkite.com has been a positive experience. I own four of their products which are all very high quality. Their website is up to date and accurate. Their shipping is fast and communications are helpful. Will be buying from them again.

4 February 2026
Unprompted review
Coinkite logo

Reply from Coinkite

Thanks for your support Richard!

Rated 5 out of 5 stars

Simply the best

They have the best products for bitcoiners by bitcoiners with excellent customer service and fast shipping. I’ve made a few orders through them and will continue to do so.

25 March 2026
Unprompted review
Coinkite logo

Reply from Coinkite

Thanks Collin! We appreciate your business.

Rated 1 out of 5 stars

Horrible product

Horrible product. My BTC was stolen even though I dud 50 rolls as per there documentation. A HW which produces bad seeds . Extremely sad that the wallet produces seeds where your money gets stolen without the device being connected anywhere and then your funds are coinjoined.

There was a youtube video on this but it appears the problem has spread to more users than anticipated even with 50 rolls mixed into TRNG. No user should ever lose their funds for trying to identify how to use a hardware wallet.

Youtube=oj_W3xOlt6U&t=272s

reddit --> Bitcoin/comments/1ja3uua/coldcard_mk4_ux_flaw/

Worse is when you email customer service to report the wierd behavior, they pretend like its not expected to happen and eventually stop responding to the complain. Users tried reporting the company on reddit and you blocked them instead of looking into the issue.

NVK is a theif.

31 December 2025
Unprompted review
Coinkite logo

Reply from Coinkite

Sorry to hear about your experience. Our firmware is fully verifiable on GitHub, and we haven’t seen any evidence to suggest this issue occurred at the hardware level. We recommend reviewing our 'verifying dice roll math' documentation before using this feature.

https://coldcard.com/docs/verifying-dice-roll-math/

Rated 5 out of 5 stars

I have a purchased and used a few…

I have a purchased and used a few different Coinkite products, specifically the Coldcard Q and Mk4. Love both of these wallets. Fairly straight forward and easy to use. Would recommend.

2 February 2026
Unprompted review
Coinkite logo

Reply from Coinkite

We appreciate the kind words Yeoman!

Rated 1 out of 5 stars

BEWARE of "customs duties, import fees, local taxes and other fees"!

My wife bought me a Blockclock micro for Christmas. The order from Coinkite included $28.54 for FedEx shipping, which was paid at the time of purchase. On 2/3/26, I received an *additional* $51.25 FedEx invoice for "customs fees".

When I reported this to Coinkite, they said, "Unfortunately, customs fees are determined by local authorities and are beyond our control. These charges are paid directly to the courier and are the responsibility of the importer".

They also directed me to a checkbox on the order page that says the purchaser is responsible for "customs duties, import fees, local taxes and other fees" where applicable.

Be sure to budget for more fees than you expect. If I had known my $179 item included an extra, undisclosed $51.25 in customs fees, I wouldn't have gone through with the purchase. Don't let this happen to you.

10 February 2026
Unprompted review
Coinkite logo

Reply from Coinkite

We understand your frustration and apologize for the inconvenience. Unfortunately, customs fees are determined by local authorities and are beyond our control. These charges are paid directly to the courier and are the responsibility of the importer.

This information is stated before any payment is made.

Rated 1 out of 5 stars

Purchased the Coldcard

Purchased the Coldcard. I'm in the U.S.. Coinkite should make it known to US customers that they will get hit with a 35% duty charge from Fedex after receiving the item. Would't have purchased it knowing that.

13 November 2025
Unprompted review
Coinkite logo

Reply from Coinkite

We understand your frustration and apologize for the inconvenience. Unfortunately, customs fees are determined by local authorities and are beyond our control. These charges are paid directly to the courier and are the responsibility of the importer.

This information is stated before any payment is made.

Rated 1 out of 5 stars

I spent $1500

I spent $1500, paid for express shipping, and after 12 days of constant follow-up the order still hasn’t even been posted. The whole process has been nothing but stress and wasted time. I won’t be using the Coldcard Q devices even if they do arrive, I’ve lost all trust in this company. Putting my bitcoin on their hardware would be insane.

Ignore the positive YouTube reviews, they’re paid promotions. If you want a reliable hardware wallet, look elsewhere.

7 September 2025
Unprompted review
Coinkite logo

Reply from Coinkite

Sorry to hear about this! We're happy to help resolve all issues via email at support@coinkite.com

Regarding our devices, they are designed so that trust isn’t required. Our firmware is fully open and verifiable on GitHub, allowing anyone to independently confirm the code running on the device.

Hopefully your order has arrived by now, and we sincerely apologize again for the delay.

Rated 1 out of 5 stars

Slow and poor

I ordered a Tapsigner a week ago and paid for the fastest shipping option. A few days later, it still shows as pending. I emailed them — no reply. Hugo (from Nunchuk) kindly emailed them on my behalf, and then I received a reply basically saying to wait a week for them to process the order.

Why?

What's the point of paying $53 express shipping if they sit on the order for a week... oh, and it's not a week - it's 7 business days!

It all feels like a one-man band operation, running out of somebody's spare bedroom.

If I owned Coinkite, I would be trying to repair my reputation by engaging with all these people angry enough to leave 1-star reviews... and I don't know, stop being so casual with a trust critical product.

7 August 2025
Unprompted review
Coinkite logo

Reply from Coinkite

We try to process as fast as possible! But depending on demand, it can take us 3-7 business days to process your order, before we dispatch to the carrier. This information is stated at checkout before any payment is made and in the confirmation email. We also sent an email once your order has shipped.

Shipping costs and delivery estimates are separate from processing.

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