The invention relates to a process and a device for winding and/or unwinding multi-wire coils (10) in which several wires (3), especially wires (3) of low plastic deformability, like steel wires, are simultaneously wound on a multi-wire coil (10) and/or such wound wires (3) can simultaneously be unwound in the stranding device (12) and subsequently stranded. It is to be possible for the wires (3) to be double-twist stranded together while maintaining quality, i.e. ensuring the same length ratios in the wire layers on the multi-wire stranding principle on highly productive stranding machines. This is attained in that, during the winding process in a winding device (1), individual wires (3) are taken from stationary feeds (2) and taken to a dedicated compensating storage device (7) and several of said wires (3) are wound at a bunch of approximately parallel wires (3) on a common multi-wire coil (10), and during the unwinding of the bunch of wires (3) from a multi-wire coil (10) thus wound which is received in an unwinding device of a stranding device designed as a coil support (19) the individual wires (3) are taken to a stranding process via a dedicated compensating storage device (7').