Turnkey Overview

Turnkey offers a powerful and modular operating system for wallets, simplifying the complexities of private key management for developers and businesses. Built by the team behind Coinbase Custody, Turnkey provides an elegant API that allows applications to create wallets, sign transactions, and automate on-chain actions securely and at scale. It is designed to be fully non-custodial, ensuring that end-users always retain full control over their private keys and assets.

The platform's core is its use of Trusted Execution Environments (TEEs), specifically secure enclaves, where all sensitive operations like private key generation and signing occur. This hardware-level isolation ensures that keys are protected even from the underlying infrastructure, providing a verifiable and tamper-proof security model. Turnkey's code is open-source and has undergone multiple rigorous security audits from leading firms like Trail of Bits and Cure53, offering cryptographic proof instead of blind trust.

How to use Turnkey

Getting started with Turnkey is a straightforward process designed for developers:

Sign Up: Create an account on the Turnkey platform to access your dashboard and generate API keys.
Integration: Use the comprehensive documentation and quickstart guides to integrate the Turnkey API into your application. The API is designed to be intuitive for developers familiar with standard web technologies.
User Onboarding: Implement seamless user onboarding flows using Turnkey's flexible authentication methods, including passkeys, OAuth (e.g., Google Sign-In), email, and SMS.
Wallet Creation: Programmatically create secure, non-custodial wallets for your users within your application.
Policy Configuration: Define granular security rules using the Policy Engine. Set transaction limits, whitelist addresses, require multi-factor authentication for specific actions, and scope user permissions to enhance operational security.
Transaction Signing: Submit transactions to the Turnkey API for signing. The platform handles the secure signing process within its TEEs, returning a signed transaction ready to be broadcast to the blockchain.

Core Features of Turnkey

Embedded Wallets: Create seamless, in-app wallet experiences to improve user conversion and retention.
Smart Wallet Signer: Leverage the power of account abstraction (e.g., EIP-4337) to build more user-friendly and feature-rich dApps.
Onchain Automation: Automate complex and recurring crypto transactions, from DeFi strategies to payment schedules.
Flexible Authentication: Supports modern authentication methods like OAuth, passkeys, email, and SMS for easy user onboarding.
Policy Engine: A powerful tool to enforce granular, programmable security rules for transactions and key access.
Secure Enclave Technology: All cryptographic operations are performed in hardware-isolated Trusted Execution Environments (TEEs) for maximum security.
Non-Custodial Architecture: Users maintain full control and ownership of their private keys at all times.
Multi-Chain Support: Build applications across various blockchain ecosystems with a single, unified API.

Use Cases for Turnkey

Turnkey is versatile and can be used across various sectors of the crypto industry:

DeFi and Trading: Platforms can offer users a non-custodial trading experience that combines the security of self-custody with the convenience of a centralized exchange.
Payments: Businesses can easily integrate stablecoin and crypto payments into their services, automating payouts and managing treasuries securely.
Consumer Applications: Web3 games, social platforms, and other consumer apps can provide frictionless onboarding and in-app transactions without forcing users to manage complex seed phrases.
Developer Tools: Infrastructure providers can build next-generation developer tools on top of Turnkey's secure key management primitives.
AI Agents: Autonomous AI agents can be given their own wallets to interact with blockchains, execute transactions, and manage digital assets according to predefined rules.

Advantages of Turnkey

Turnkey provides a distinct competitive edge through its focus on security, flexibility, and developer experience. Its non-custodial, TEE-based architecture offers enterprise-grade security that is both verifiable and audited. The modular API and powerful Policy Engine give developers the flexibility to build custom logic and security controls tailored to their specific needs. By abstracting away the complexity of private key management, Turnkey allows teams to launch faster, scale more efficiently, and focus on creating a better user experience.

Pricing and Plans

Turnkey offers a transparent, scalable pricing model suitable for projects of all sizes.

Free Plan: $0 to get started. Includes up to 100 free wallets, 25 free transactions, and access to core features like passkeys, OAuth, API keys, and policies. Ideal for development, testing, or personal projects.
Pro Plan: Starts at a $99/month minimum. Includes everything in the Free tier, up to 2,000 free wallets, and reduced variable pricing for transactions (e.g., $0.10 down to $0.01 per signature depending on volume). This plan also allows for importing and exporting private keys.
Enterprise Plan: Custom pricing with significant volume discounts (as low as $0.0015 per signature). Includes everything in Pro, plus unlimited wallets and transactions, dedicated support channels (e.g., Slack), SLAs, custom email templates, and more. Designed for large-scale applications with high transaction volumes.

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