Sparrow Wallet: keys, security, fees and reviews

In short

Key control
Non-custodial: keys are created and kept on the user's computer or hardware wallet; software wallets are normally encrypted and unlocked only while signing.
Fees
Wallet: Open-source software under Apache 2.0 with no listed wallet fee; the site links a Donate page. Bitcoin network fees are chosen by the user.
Risks and caveats
There is no support team; help comes from the documentation and the community.
Checked
31 October 2026

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Key facts

Official site
sparrowwallet.com

Key facts checked on 31 October 2026 against official sources.

What is Sparrow Wallet

Sparrow Wallet is a free, open-source desktop Bitcoin wallet for Windows, macOS and Linux, aimed at users who want detailed control over transactions, privacy and hardware-wallet signing. It is developed by Craig Raw and has been released on GitHub since April 2020.

Who holds the keys

Who holds the keys — Sparrow Wallet
ParameterDetails
Key controlNon-custodial: keys are created and kept on the user's computer or hardware wallet; software wallets are normally encrypted and unlocked only while signing.
Seed phraseBIP39 mnemonic seeds, watch-only xpub keystores and common hardware wallets can be used as keystores.
Wallet encryptionWallet files are encrypted with Argon2 password hashing tuned to take at least 500 ms.

Features and supported networks

Features and supported networks — Sparrow Wallet
ParameterDetails
PlatformsDesktop app for Windows 10+, macOS 11+ (Apple silicon and Intel) and Linux; Sparrow Server for headless systems.
Supported networksBitcoin only (mainnet, plus testnet, regtest and signet).
Hardware wallet supportCommon hardware wallets over USB (Trezor, Ledger, BitBox02, Jade) and airgapped via QR codes or SD card (Passport, SeedSigner, Keystone, Coldcard), plus smartcards.
MultisigSingle-sig and multisig on common script types, with full PSBT support.
Coin controlFull coin and fee control, labelling of transactions, inputs and outputs, and a byte-level transaction editor that doubles as a block explorer.
Privacy (CoinJoin, Tor)Connects to public servers, a private Electrum server or the user's own Bitcoin Core node; Tor proxy supported. The Whirlpool CoinJoin client was removed in April 2024.
PaymentsSend and receive to PayNyms (BIP47).

Security and audits

Security incidents

No security incident is recorded in the sources checked on 31 October 2026 (the company’s own channels and incident databases): api.llama.fi/hacks, hacked.slowmist.io/search, rekt.news/leaderboard, github.com/sparrowwallet/sparrow/releases.atom, api.github.com/repos/sparrowwallet/sparrow/secur, t.me/s/SparrowWallet

Fees

Fees — Sparrow Wallet
ParameterDetails
WalletOpen-source software under Apache 2.0 with no listed wallet fee; the site links a Donate page. Bitcoin network fees are chosen by the user.

History

History — Sparrow Wallet
DateEvent
12 April 2020Initial release v0.5: a transaction editor without wallet functions.
28 January 2021Version 1.0.0 released.
23 September 2021Version 1.5.0 added Samourai Whirlpool CoinJoin and reproducible binaries.
25 April 2024Version 1.9.0 removed the Whirlpool client and other Soroban-related features.
18 September 2024Version 2.0.0 released.
29 October 2026Latest release, version 2.5.6.

Risks and caveats

About the developer

Developer
Craig Raw, who signs the release binaries.
Founded
2020 (first GitHub release on 12 April 2020).

Official links

Questions and answers

Is Sparrow Wallet self-custodial?

Yes. Keys stay on the user's computer, encrypted, or on a connected hardware wallet.

Is Sparrow Wallet open source?

Yes. The code is on GitHub under the Apache 2.0 licence, and release binaries are GPG-signed and reproducible.

Which coins does Sparrow support?

Bitcoin only, including multisig, PSBT and hardware wallets over USB, QR codes or SD card.

Does Sparrow still support CoinJoin?

No. The Samourai Whirlpool client was added in September 2021 and removed in version 1.9.0 on 25 April 2024.

Does Sparrow charge fees?

No wallet fee is listed; the open-source app links a Donate page, and users pay Bitcoin network fees that they set themselves.

Sources

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