Standby Wallets

A Standby Wallet is a backup wallet designed to protect your assets if your primary wallet provider becomes unavailable or goes offline.

Key things to know:

Your Standby Wallet is always with a different provider than your primary wallet.
It remains inactive under normal circumstances.
It is only used if your assets need to be transferred from your Primary Wallet to the Standby Wallet.

Think of it as an emergency fallback that ensures business continuity and asset safety.

To set up a Standby Wallet, follow these steps:

Choose a Standby Wallet Provider
Reach out to one of the supported Standby Wallet providers and create an account directly with them.
Sign a Contract
Complete the provider’s onboarding process and sign the required contract.
Automatic Setup by Station70
Once the contract is signed, the provider will notify Station70.
We will then configure your Standby Wallet on your behalf.
View Your Standby Wallet
After setup is complete, your Standby Wallet will appear on your Account Overview page.
Link Your Standby Wallet
Click on the Standby Wallet and perform and Account Link.

No additional action is required from you after the provider onboarding is complete.

Currently, the following providers support Standby Wallets:

We’re actively working on adding more Standby Wallet providers — stay tuned for updates.

This article explains what a Standby Wallet is, why it’s important, and how to set one up.