As of today, October 11, 2025, let’s explore Copay’s (now Bitpay Wallet) support for Ethereum and other cryptocurrencies.
Table of contents
Bitpay Wallet’s Cryptocurrency Support
Bitpay Wallet, formerly known as Copay, is a multi-cryptocurrency wallet platform. It supports Bitcoin (BTC) and Bitcoin Cash (BCH).
Ethereum and ERC20 Tokens
Bitpay Wallet supports Ethereum (ETH) and ERC20 tokens. This means users can store, send, and receive ETH and other tokens built on the Ethereum blockchain within the Bitpay Wallet platform.
How Bitpay Wallet Supports Ethereum
Bitpay Wallet leverages the Bitcore Wallet Service (BWS) for its functionality. This service facilitates peer synchronization and network interfacing, enabling seamless transactions for Ethereum and other supported cryptocurrencies.
Using Bitpay Wallet for Ethereum
To use Bitpay Wallet for Ethereum:
- Download and Install: Download the Bitpay Wallet application from the official Bitpay website or app store (available for desktop and mobile devices).
- Create or Import a Wallet: Create a new wallet or import an existing Ethereum wallet using your private key or seed phrase. Ensure you back up your seed phrase securely!
- Add Ethereum Funds: Receive Ethereum by sharing your wallet’s ETH address. You can also purchase ETH directly within the Bitpay app, depending on your region and available payment methods.
- Send Ethereum: Send ETH to other Ethereum addresses by entering the recipient’s address and the desired amount.
- Manage ERC20 Tokens: Bitpay Wallet allows you to add and manage ERC20 tokens. You may need to manually add the token contract address for less common ERC20 tokens.
Recent Developments in Ethereum
Ethereum has seen significant developments recently, including the successful implementation of Pectra. This upgrade, and other tailwinds, have positively impacted the Ethereum network. Transaction fees on the Ethereum Virtual Machine (EVM) have stabilized since Pectra.
Ethereum’s Market Position
Despite market fluctuations, Ethereum continues to be a prominent cryptocurrency. Recent analysis suggests that buyers are looking to hold the 2,500 key mark, with the 4H MA 200 acting as support. It’s crucial to conduct thorough research and understand the risks involved before investing in any cryptocurrency.
Beyond Bitpay Wallet: Ethereum Storage Options
While Bitpay Wallet is a convenient option, there are several other ways to store Ether, including:
- Mist/Geth Accounts: Using the official Ethereum clients.
- Paper Wallets: Generating and storing private keys offline.
- Hardware Wallets: Secure, physical devices for storing cryptocurrency.
Yes, Bitpay Wallet does support Ethereum and a range of ERC20 tokens. It offers a user-friendly interface for managing your ETH holdings. However, it’s essential to explore different wallet options and choose the one that best suits your security needs and technical expertise. Remember to always prioritize the security of your private keys and seed phrases.
