Announcing the River Hardware Wallet Account

River clients can now request access to our new Hardware Wallet Account. This new River account is an extension of your hardware wallet allowing you to view balances, track investments, and receive bitcoin all on River.com.

Philip Glazman

Philip Glazman is a Software Engineer at River Financial where he leads the Bitcoin infrastructure development. He writes about engineering and Bitcoin.

More posts by Philip Glazman.
Alexander Leishman

Alex Leishman is the Co-Founder and Chief Executive Officer of River Financial. He writes about Bitcoin, engineering, security, and product.

More posts by Alexander Leishman.

Philip Glazman, Alexander Leishman

28 Oct 2020 • 3 min read

Introducing the River Hardware Wallet Account

Bitcoin is the first monetary asset that makes it simple for everyday users to take full custody of their funds. At River, we embrace this ethos and strive to make self-custody as easy as possible for our clients. With the new Hardware Wallet Account you can buy Bitcoin on River.com and send to your personal custody without losing visibility into the history, performance, and tax data associated with your coins.

The River Hardware Wallet Account is an extension of your own hardware wallet, serving as a non-custodial wallet interface for your device. By connecting your hardware wallet to River, you will be able to do the following:

View your wallet balance and transaction history on River;
Track your investments with our performance dashboard and tools;
Generate addresses and receive bitcoin;
Keep your tax lot information when transferring from your River brokerage account to your own custody.

In short, with a Hardware Wallet Account, River can see your coins, but cannot control them.

Getting Started

This is currently a beta feature. To open a Hardware Wallet Account with River, please contact support@river.com. Today, we support registering Ledger and Trezor hardware wallets (Coldcard support is in the works).

Opening a new River Hardware Wallet Account is a seamless process that takes less than a minute. Here’s how:

Visit the New Account Page and select Hardware Wallet

Select your hardware wallet device.

River Financial supports Trezor and Ledger Hardware Wallet Integration

Follow the instructions specific to your device.

Name the account.

Enjoy the non-custodial experience at River.

View your wallet balance and past transactions.

View your wallet balance and transaction history

Track performance.

When you transfer coins you purchased in your River brokerage account to your Hardware Wallet Account, the cost-basis information will automatically be transferred for you.

Generate deposit addresses.

We have additional support resources available on our Help Center.

Moving Forward

Powering the Hardware Wallet Account feature is our home-built Enterprise Bitcoin Infrastructure, which allows us to build next-generation non-custodial and pseudo-custodial services. We are actively developing new features to enable you to: