[Wallets](https://revain.org/wallets/) › BC Vault

# BC Vault: keys, security, fees and reviews

Hardware wallet

## In short

- **Key control**: Self-custody: private keys stay on the device; only public blockchain data reaches BC Vault's servers.
- **Fees**: Device price: BC Vault ONE basic (plastic) model listed at €131.14 on the official shop
- **Risks and caveats**: Without a seed phrase, recovery depends on keeping the encrypted microSD or QR backup and its passwords; there is no 24-word fallback.
- **Checked**: 28 October 2026

## Key facts

- **Wallet type**: Hardware wallet
- **Official site**: [bc-vault.com](https://bc-vault.com/)

Key facts checked on 28 October 2026 against official sources.

## What is BC Vault

BC Vault is a seedless hardware wallet made in Slovenia, introduced in October 2018 by REAL security and since 2024 produced by the spin-off REAL BCV d.o.o. Instead of a seed phrase it keeps encrypted private keys in FRAM memory and backs them up as encrypted microSD or QR-code files; it connects by USB cable to desktop and mobile apps.

## Who holds the keys

| Parameter | Details |
|---|---|
| Key control | Self-custody: private keys stay on the device; only public blockchain data reaches BC Vault's servers. |
| Seed phrase | No seed phrase; each wallet is a non-deterministic key generated from the user's hand-movement entropy. |
| Recovery | Recovery from encrypted backups on a microSD card or as encrypted paper QR codes. |
| Account model | Up to 2,000 separate encrypted wallets per device, each with its own password, plus a global PIN and password. |

## Features and supported networks

| Parameter | Details |
|---|---|
| Platforms | Desktop app for Windows, macOS and Linux; mobile app for iOS and Android |
| Supported networks | Bitcoin, Ethereum and EVM chains (BNB Smart Chain, Polygon, Avalanche, Optimism, Arbitrum and others), ERC-20 tokens, Cardano; NFTs |
| Swaps | In-app cross-chain swaps through Changelly |
| Buy / sell | Buy BTC, ETH and USDC with Apple Pay, cards or bank transfer |
| dApp browser | Web3 dApps via WalletConnect |
| Connectivity | USB cable only; no battery, Bluetooth or Wi-Fi |
| Display | 2.42-inch OLED display; CE certified, 24-month warranty |

## Security and audits

- SIQ Ljubljana completed a security assessment (architecture review, hardware and software penetration test, source code review) on 18 May 2020 and reported no known vulnerabilities.
- Each device ships with a wallet holding 1.0 BTC as a standing challenge to break its encryption.
- On 7 August 2019 BC Vault published its response to CVE-2019-14359, an OLED-display power side-channel reported by Christian Reitter through coordinated disclosure.

## Fees

| Parameter | Details |
|---|---|
| Device price | BC Vault ONE basic (plastic) model listed at €131.14 on the official shop |

## History

| Date | Event |
|---|---|
| 11 October 2018 | BC Vault announced by REAL security of Maribor, Slovenia, as a hardware wallet with encrypted backups. |
| 7 August 2019 | Published its response to the CVE-2019-14359 OLED side-channel disclosure. |
| 18 May 2020 | Completed a security assessment by SIQ Ljubljana. |
| 13 February 2024 | REAL security spun BC Vault off into a separate company, REAL BCV d.o.o. |
| 15 July 2025 | Released the BC Vault mobile app for Android. |

## Risks and caveats

- Without a seed phrase, recovery depends on keeping the encrypted microSD or QR backup and its passwords; there is no 24-word fallback.
- Swaps and purchases run through third-party providers such as Changelly.

## About the developer

- **Legal entity**: REAL BCV d.o.o., Zolgarjeva 17, Maribor, Slovenia
- **Parent company**: Spun off in 2024 from REAL security d.o.o., an IT-security distributor
- **Headquarters**: Maribor, Slovenia

## Official links

- Website: [bc-vault.com](https://bc-vault.com/)
- Download: [bc-vault.com/download](https://bc-vault.com/download/)
- Security: [bc-vault.com/siq-certificates](https://bc-vault.com/siq-certificates/)
- Blog: [bc-vault.com/category/news](https://bc-vault.com/category/news/)

## Questions and answers

**Is BC Vault self-custodial?**

Yes. Private keys are generated and stored on the device in FRAM memory and never leave it; only public blockchain data reaches BC Vault's servers.

**Does BC Vault use a seed phrase?**

No. It backs up encrypted keys to a microSD card or encrypted paper QR codes instead of a 24-word seed.

**Has BC Vault been audited?**

SIQ Ljubljana completed an architecture review, penetration test and source code review on 18 May 2020 and reported no known vulnerabilities.

**Which coins does BC Vault support?**

Bitcoin, Ethereum and many EVM chains, ERC-20 tokens, Cardano and NFTs.

**Who makes BC Vault?**

REAL BCV d.o.o. of Maribor, Slovenia, spun off from REAL security d.o.o. in 2024.

## Sources

- [bc-vault.com](https://bc-vault.com/)
- [BC Vault — Key features](https://bc-vault.com/keyfeatures/)
- [BC Vault — Security features](https://bc-vault.com/security-features/)
- [BC Vault — Why choose BC Vault](https://bc-vault.com/why-choose-bc-vault/)
- [BC Vault — Supported currencies](https://bc-vault.com/supported-currencies/)
- [BC Vault — Download](https://bc-vault.com/download/)
- [BC Vault — BC Vault ONE shop page](https://bc-vault.com/shop/bc-vault-one/)
- [BC Vault — Terms and Conditions](https://bc-vault.com/terms-and-conditions/)
- [BC Vault — Press release, 11 October 2018](https://bc-vault.com/2018/10/press-release-bc-vault-the-new-generation-of-crypto-hardware-wallets-promises-ease-of-use-and-more-functionalities-and-security-features/)
- [BC Vault — Our Response to CVE-2019-14359](https://bc-vault.com/2019/08/our-response-to-cve-2019-14359/)
- [BC Vault — Security assessment by SIQ](https://bc-vault.com/2020/05/bc-vault-completes-security-assessment-by-siq/)
- [BC Vault — Spin-off announcement](https://bc-vault.com/2024/02/real-security-d-o-o-completes-spin-off-of-the-project-bc-vault-paving-the-way-for-enhanced-blockchain-security-solutions/)
- [BC Vault — Android app release](https://bc-vault.com/2025/07/bc-vault-mobile-app-for-android-now-available/)

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Page updated: 2026-10-31

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Source: https://revain.org/wallets/bc-vault/