Onramp introduces business Bitcoin accounts with multi‑person approvals
Image: Bitcoin MagazineOnramp launched a Business tier that lets companies hold Bitcoin with named users, role‑based permissions and two‑person withdrawal approvals. The free tier charges a 0.85% trade fee and stores assets with a qualified custodian. A Treasury tier costs $375 a month, lowers the fee to 0.65%, and adds multi‑institution custody requiring two of three institutions to move funds. The offering targets firms seeking board‑level security controls.
Key points
- Onramp Business accounts support up to three named users, role‑based permissions and two‑person withdrawal approvals.
- The free Business tier has a 0.85% trading fee and holds Bitcoin with a qualified custodian.
Why it matters
The service gives corporate finance teams defined controls and a shared‑custody model, reducing single‑point‑of‑failure risk for Bitcoin holdings on balance sheets.
What's unclear
The reports do not detail how operational approval policies align with underlying multisignature cryptographic controls.
The impact of rising physical attacks on the adoption of such corporate Bitcoin solutions is not addressed.
Price context · BTC
At publication
$71,545.00
Now
$71,519.00
Change since
−0.04%
7 days · dashed line = publication
Sources · 2 publishers
Onramp Launches Business Bitcoin Accounts With Two-Person Withdrawal Approvals as Wrench Attacks Climb
NewsBTC
Tier 2
Onramp Launches Business Bitcoin Accounts With Team Withdrawal Approvals
Coverage timeline
- First reported by Bitcoin Magazine
- Also reported by NewsBTC
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
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