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Home Wallets CoinKite Bitcoin Stick Opendime
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CoinKite Bitcoin Stick Opendime

Reviewed by Yunis
1 April 2021 (Updated 21 September 2023)
Bitcoin Stick Opendime
Bitcoin Stick Opendime

Coinkite’s Bitcoin Stick Opendime is not a standard crypto hardware wallet. It is a disposable hardware wallet. You can think of a gift card or a check for Bitcoin. You simply deposit funds into the wallet and give it to anyone. The receiver will be able to get private keys and claim the Bitcoins in the wallet. You can only use it once to transfer funds in complete anonymity. It has a very simple design and is super easy to use.

The company Coinkite is a leading bitcoin security expert and hardware manufacturer. The company is well known for its crypto safety expertise in hardwares and softwares. Coinkite is a Canada based company and manufactures other products in Canada. It is unclear where the Opendimes are manufactured and shipped from.

Bitcoin Stick Opendime is the first of its kind as a Bitcoin Bearer Instrument. It is not the best hardware wallet to hodl Bitcoins for a long term in Bitcoin Stick Opendime because funds can be reached without difficulty in case it is lost or stolen. Other than that, It is a very secure wallet against hacks. Noone can reach private keys without destroying the chip by sticking a needle to the hole on the device. Once the chip in the hole is broken, private keys will be revealed. Private keys will be generated, when you use and set up the device first time.

You can check the balance in the wallet without disposing of it. You can simply plug it into a USB port and follow the instruction. You will find your wallet address. When you know the wallet address, you can easily check the balance online.

Coinkite’s Bitcoin Stick Opendime is a very innovative product, different than standard hodling hardware wallets. Bitcoin Stick Opendime has excellent reviews overall, is very easy to use, and simple design with high security. There is no screen or button on the wallet. It is in the shape of a USB covered with a clear plastic wrap. It is super easy to use. There is a clear instructions file on the device. You can simply follow the steps to complete the setup. The company ships to most countries all around the world. You can directly purchase from the company’s website. The device has a multi-language user interface and major languages are supported.

All you need is connecting Coinkite’s Bitcoin Stick Opendime to any USB port in your Mac or Windows. All computers that have a USB port and can open a txt file are good. Bitcoin Stick Opendime is more like a gift card or pre-loaded debit card for Bitcoin. You can easily hand it over to someone without needing any info. Its unique design allows you to hand over funds without giving any extra information in a complete anonymity.

When you connect your wallet to a USB, you will see files inside the device. Just click and open the index.htm and you will see instructions. Instructions are easy to understand and follow. As soon as you are done with the setup, the device will generate a Bitcoin wallet address and its 24 recovery keywords for you. You can deposit funds to your wallet now. 24 recovery keywords won’t be displayed.

After you load the wallet with funds. You can hand it over to anyone. The new owner can use a needle or paperclip to push into the small hole on the top of the wallet and break the small chip inside. Your funds on the Bitcoin Stick Opendime are ready for transfer. You can use different apps to receive the funds from the wallet. It is just like a gift card. You can pre-load some funds and give it to anyone you want.

The wallet can be used with any computer, mobile phone or tablet. You can use different wallet software to deposit and receive Bitcoins from the wallet. Unfortunately, Bitcoin Stick Opendime supports Bitcoin only. If you lost your wallet, your funds are lost too. It is not a good idea to hodl your Bitcoins in Bitcoin Stick Opendime for a long time. It is a great tool to make Bitcoin payments. But in case, it is lost or stolen, your funds can be easily reached without difficulty.


tick Easy to setup
tick An easy physical way to gift bitcoin to others
tick Transact with bitcoin without blockchain or fees
tick Obvious by looking at device if it has been tampered with


cross The device can only be used once
cross Private key must be revealed to a computer or smartphone
cross Unprotected against lost or stolen

CoinKite Bitcoin Stick Opendime Reviews

Based on a total of 11 reviews across the web for the CoinKite Bitcoin Stick Opendime we gave the wallet an overall rating of 82%.

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Which Cryptos Does The CoinKite Bitcoin Stick Opendime Support?

The CoinKite Bitcoin Stick Opendime supports over 2 cryptocurrencies including Bitcoin and Litecoin.

Supported Software and Platforms

Which crypto software wallets and platforms does the CoinKite Bitcoin Stick Opendime support? The CoinKite Bitcoin Stick Opendime supports several crypto software wallets including Electrum and Copay.

CoinKite Bitcoin Stick Opendime Specification

Core Data
Brand name CoinKite
Wallet name Bitcoin Stick Opendime
Release date Mar 2017
Package contents 3 x Opendime sticks
Input methods Physically break hole in device to release bitcoins
Mobile app cross No
Tablet app cross No
Desktop app cross No
Open source tick Yes
Altcoin support cross No
FIDO U2F authentication cross No
On screen 2FA cross No
Multisignature cross No
Fee control cross No
Hierarchically deterministic cross No
Pin code cross No
Passphrase cross No
Shamir backup cross No
Password manager cross No
Memory card slot cross No
Not battery powered tick Yes
Warranty 0months
Total supported cryptocurrencies 2
Supported languages English, French, Japanese, Portuguese-Portuguese, Simplified Chinese, Russian and German
Interfaces USB
Operating systems Windows, Mac OS, Linux, Android and Chrome OS
Fingerprint reader cross No
Hidden wallets cross No
Anti evil maid cross No
Fast destruction cross No
Face ID cross No
Physical Characteristics
Weight 5g
Width 10mm
Length 40mm
Height 5mm
Air gapped cross No
Display type 2 led lights
Touchscreen cross No

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