While traditional estate planning can be complex, expensive, and lengthy, our beneficiary feature offers a clear and secure way to pass on your Bitcoin to those who mean the most.
Here’s a step-by-step guide to setting up and managing your beneficiaries with confidence and ease.
Why prepare your Bitcoin legacy?
By 2045, an estimated USD 6 trillion in cryptocurrency assets will be passed down as part of a USD 84 trillion wealth inheritance from older generations to Gen X, Millennials, and Gen Z. It’s a chance for digital wealth to support new generations, but without a solid plan, these assets could be at risk.
Many HODLers still rely on methods like hardware wallets and storing seed phrases on loose pieces of paper——methods that feel secure but are easy to misplace or damage. And that can mean loved ones may never access what you intended for them.
Without a clear plan or beneficiary, inheriting digital assets can be confusing and even heartbreaking. Xapo Bank’s beneficiary feature offers that peace of mind, helping HODLers pass down their legacy easily and safely, because planning for the future is about more than just protecting wealth. It’s about making sure the people who matter most receive it just as you intended.
Set up your first beneficiary in two steps
Getting started only takes a few minutes with the Xapo Bank app, helping you designate the people you trust to inherit your Bitcoin when the time comes.
- Open the Xapo Bank app and navigate to the “Beneficiaries” to begin your plan.
- Enter identifying details for your beneficiary.
- Allocate a percentage of your holdings you want to leave for this individual, 0% to 100%.
- Once saved, you’ll get a confirmation.
If you want to include multiple loved ones as beneficiaries, it’s easy to assign each person their share. Just add them, set their portion, and keep an eye on the total to stay within 100%. Adjustments are simple—life changes, and your plan can, too. Update or remove beneficiaries anytime with just a tap, so everything reflects exactly what you want.
Security every step of the way
Your legacy deserves the highest level of care. Each time you add, edit, or remove a beneficiary, Xapo Bank prompts you to verify your identity through an extra layer of security, like a PIN or biometric authentication. These steps keep your choices secure and documented, so you can feel confident that your legacy will be carried out without a hitch.
Building a secure future for your loved ones
Our beneficiary feature is here to simplify Bitcoin inheritance, removing the stress and complexity that often come with transferring digital assets. By setting up beneficiaries, you’re securing your family’s future and ensuring that your Bitcoin will reach those who matter most. Take a few moments today to set up your plan and find peace of mind, knowing your wealth is safe and ready to support the people you care about.
Open the Xapo Bank app, tap profile and then tap beneficiaries. Click below to get started.
