Can two people own a bitcoin wallet together?

Bitcoin Questions and AnswersCategory: General questionsCan two people own a bitcoin wallet together?

Jill asked 1 year ago

Hello and thank you for taking the time to answer my question. I would like to know if a bitcoin wallet can have two verified owners. For example, can a couple who isn’t married share a wallet where they would both have to approve a transaction before it can happen? Or, perhaps one person can do the transaction, but both names could be listed as owners of the wallet? Thanks again!

1 Answers
Ofir Beigel answered 1 year ago

Hey Jill, great question! Yes  that is possible.
It’s called a “multisig” wallet (short for Multi – Signatures). This means that the wallet will need a certain amount of people to sign off a transaction before it is executed. For example – 2 people can decide that only if 2 of them sign the transaction it’s valid. This can also be done with any amount of signatures (e.g. 2 out of 3, 5 out of 10, etc.)
If you want to read more about this kind of wallet read this post.
Hope this helped!

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