Samsung’s Cryptocurrency Wallet Quietly Adds Bitcoin Support

Francisco Memoria

Samsung’s cryptocurrency wallet, the Blockchain Keystore, has added support for the flagship cryptocurrency bitcoin according to updated information on the South Korean giant’s website.

As first reported by The Block, the company’s cryptocurrency wallet now seemingly supports the Ethereum network, as well as bitcoin and Kakao’s native Klaytn blockchain. The South Korean tech giant didn’t issue an official announcement, which could mean in the future it’ll add support for more cryptocurrencies in a similar way.

The support is, however, limited to a few mobile devices in its range. Currently Samsung’s flagship devices, the Galaxy S10, S10+, S10 5G, and S10e, as well as the newly launched Note 10 and Note 10+, have the cryptocurrency wallet.

Samsung's website listing crypto support

The Blockchain Keystore is also restricted to only seven countries – Canada, Germany, South Korea, Switzerland, Spain, the United Kingdom, and the United States. Samsung’s website notes in a frequently asked questions section that other devices aren’t able to simply install the Blockchain Keystore, not even through its Galaxy app store. It reads:

Samsung Blockchain Keystore is preloaded on selected devices only. If your device is not supported, then you won’t be able to find it in the Galaxy Store either.

The South Korean giant has, however, revealed it’s set to add its cryptocurrency wallet to budget Galaxy smartphones in the future. Samsung first filed a trademark application for a crypto wallet in December of 2018, and has since been slowly entering the crypto and blockchain space.

In April of this year it invested $2.9 million in cryptocurrency hardware wallet startup Ledger.