That's right. Since it's a watch-only wallet, your kids can safely check their balance and receive Bitcoin, but they'll need a hardware wallet to sign any transaction before they can spend it.

Coconut_BTC

While many Bitcoin wallet companies focus on building features for experienced Bitcoiners, we believe self-custody should also be accessible to the people who matter most our families.

Our goal is not just to build a wallet for Bitcoiners, but to build a wallet that helps their spouses, children, and future generations safely inherit and use Bitcoin.

That’s a good approach; I’d like to try these wallets with my children, so they can receive and view transactions and other things without being able to spend the sats, as it’s a watch-only wallet.

bitcoin

bitcoin_beginners

bitdevs

bitcoin_Mining

Coconut Wallet: bitcoin watch-only wallet

> *While many Bitcoin wallet companies focus on building features for experienced Bitcoiners, we believe self-custody should also be accessible to the people who matter most our families.*
> *Our goal is not just to build a wallet for Bitcoiners, but to build a wallet that helps their spouses, children, and future generations safely inherit and use Bitcoin.*

That’s a good approach; I’d like to try these wallets with my children, so they can receive and view transactions and other things without being able to spend the sats, as it’s a watch-only wallet.