By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.

The Best

Crypto Wallets

Whether you’re investing in cryptocurrencies or have yourself a growing collection of NFTs, keeping them safe is of paramount importance. 

The last thing you want is to have your wallet hacked and to lose your investment. 

One of the best methods to keep your crypto investments secure is to choose the best cryptocurrency wallet for your needs.

Crypto wallets come in 2 flavors, cold and hot. Cold is more secure but less user friendly. You can read more information on the different types of crypto wallets below the recommendations.

Below you’ll find a collection of the best crypto wallets to help you keep your investments secure and safe from hackers thieves.  

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Ledger Nano X

Ledger Nano X
Suported chains:
No items found.
Description:
An incredible all round hardware crypto wallet
Pros:
  • Built-in screen for validation
  • Multi-Currency support
  • Portable and Malware proof
  • Reputable Wallet
  • Hardware wallet for better security
  • Bluetooth connectivity makes it very easy to use


Cons:
  • Long 24 word seed phase
  • Limited storage
  • Questions over Ledger's brand (not product) security after hack
  • Bluetooth feature a potential security risk
Features:
  • Multi-crypto support
  • Multi-apps support
  • Secured
  • Display panel
  • Bluetooth and hard wire connectivity

Coinbase Wallet

Coinbase Wallet
Suported chains:
No items found.
Description:
Coinbase wallet users receive, trade and store Crypto.
Pros:
  • Allows users store all their crypto and NFTs in one place
  • Simple user interface
  • High security
  • Its supports Fiat currencies
Cons:
  • Supports little number of cryptocurrencies
  • A hot wallet
Features:
  • Store your NFT
  • Control you Crypto
  • Additional security options to keep your Crypto safe and secure

Electrum

Electrum
Suported chains:
No items found.
Description:
Great hot wallet for advanced Bitcoin users
Pros:
  • Supports multi signature wallet use
  • Electrum server does not store private keys.
  • Fast and easy setup
Cons:
  • Only permits Bitcoin trades
  • No customer support team (but they do have a forum and community to reach out to)


Features:
  • Two factor authentication
  • Cold storage
  • Free and decentralized
  • Supports marjor hardware wallet

Exodus

Exodus
Suported chains:
No items found.
Description:
A good crypto hot wallet for beginners
Pros:
  • Easy to use
  • Beginner friendly
  • Has customer support
  • Multiple cryptocurrency choices
  • A software-based wallet
Cons:
  • It is a closed sourced wallet
  • High fees
Features:
  • Live chart and portfolio
  • Built-in exchange
  • Compactible with hardware wallets
  • Mobile wallet

Mycelium

Mycelium
Suported chains:
No items found.
Description:
Best Bitcoin wallet for mobile users
Pros:
  • Extra security through hardware wallet linking
  • Open-source software
  • Customizable transaction fees
Cons:
  • Mobile only
  • Limited to a handful of cryptocurrencies
  • Can be confusing
  • No social media presence
Features:
  • Hierarchical Deterministic Wallet
  • Single address account
  • Hardware wallet compatibility 
  • Open source protocol
  • Market place
  • Operating System compatibility
  • Inter wallet operability
  • Reproducible wallet


Trezor Model T

Trezor Model T
Suported chains:
No items found.
Description:
Most secure crypto hardware wallet
Pros:
  • Connection to exchanges through their web based app
  • Lots of supported cryptocurrencies
  • Open source software
  • Customer and community support
  • Extra security features available
Cons:
  • One of the more expensive options
  • Confusing for beginners
  • Awkward touchscreen
Features:
  • Wallet for Bitcoin and  alternate coins
  • Ethereum integration
  • Password manager
  • Secure Admin SSH access
  • 2-Factor authentication
  • Sign and Encrypt with GPG
  • Explore Integrations


Ledger Nano S

Ledger Nano S
Suported chains:
No items found.
Description:
A great entry level hardware wallet
Pros:
  • Built-in screen for validation
  • Multi-Currency support
  • Portable and Malware proof
  • Reputable Wallet
  • Hardware wallet for better security


Cons:
  • Long 24 word seed phase
  • Limited storage
  • Doesn't support as many cryptocurrencies as others
  • Questions over Ledger's brand (not product) security after hack
Features:
  • Multi-crypto support
  • Multi-apps support
  • Secured
  • Display panel
Description:
Trust Wallet is a mobile cryptocurrency wallet enables users to stake their coins in order to gain interest.
Pros:
  • Compatible with both iOS and Android devices.
  • Users control their private keys; private keys are not stored in the wallet’s servers.
  • Allows staking and earning returns on multiple digital assets held.
  • Supports and stores a huge range of cryptocurrencies.
  • Free and easy download.
  • Easy to navigate interface.
Cons:
  • Not supported on Desk-top
  • Not as secure as Hard ware wallet
Features:
  • Secure access
  • Supports a huge range of cryptocurrencies for trading
  • Supports Credit Card Exchange
  • Earn Interest DApps (Decentralized apps)

Phantom

Phantom
Suported chains:
No items found.
Description:
Phantom is a non-custodial browser extension wallet.
Pros:
  • Available on several browsers 
  • Beginner-friendly interface
  • Low fees
  • Built-in token swap
  • Supports linking hardware wallets for increased security
  • Non-custodial wallet
Cons:
  • It’s still a new wallet
  • Only available in browser form
  • Limited to the SOL ecosystem
Features:
  • Non-custodial
  • Token swap
  • NFTs and Collectibles
  • Supports Ledger
  • Sol staking
  • Web3 support
  • Hardware wallet support

MetaMask

MetaMask
Suported chains:
No items found.
Description:
One of the most popular soft crypto wallets
Pros:
  • Open-source wallet
  • Private keys kept on the browser
  • User friendly interface
  • Used to access the Ethereum blockchain
  • Integrations with Ledger devices
Cons:
  • Supports only Ethereum and ERC-20 tokens
  • Its a hot wallet
Features:
  • Swaps
  • Store and trade Crypto
  • Store NFT and other crypto assets
  • Simple interface

TRASTRA

TRASTRA
Suported chains:
No items found.
Description:
TRASTRA wallet is easy to trade and store Crypto .
Pros:
  • It is available online and via iOS and Android operating systems
  • 24/7 customer support
  • Simple user interface


Cons:
  • Supports limited cryptocurrency
Features:
  • Free multicurrency wallet for storing Crypto safely
  • Free personal IBAN for receiving EUROS
  • Buy, sell, cash out cryptocurrencies
  • Support for seven major cryptocurrencies


Prokey Optimum

Prokey Optimum
Suported chains:
No items found.
Description:
A good entry-level hardware wallet
Pros:
  • Easy to use
  • Uses firmware to ensure security
  • Highly secured
Cons:
  • Must have a web interface to transact
  • Not as established as some other players
Features:
  • Universally compactible
  • Potable
  • Multi currency support
  • USB

Coinomi

Coinomi
Suported chains:
No items found.
Description:
Coinomi is a mobile cryptocurrency wallet that is designed to support a wide range of digital coins.
Pros:
  • High security features
  • Private keys stored on users’ mobile devices
  • Integration with ShapeShift and Changelly exchanges for crypto trading
  • Zero charges
  • It supports IOS, Android and Desktop
  • Never been hacked
  • 24/7 live customer support
Cons:
  • Coinomi is not regulated
  • Code is not open source
  • it does not support fiat currency
  • Being a mobile wallet, it is inherently insecure and open to malicious attacks
Features:
  • Built-in exchanges
  • Direct DEX Trading (token swaps)
  • Buying crypto via credit card
  • DApp and Web3 support
  • Access to DeFi applications
  • Multi lingual

MyEtherWallet

MyEtherWallet
Suported chains:
No items found.
Description:
MyEtherWallet is a software that allows crypto coins to be stored in a trader’s personal computer.
Pros:
  • The wallet is compatible with multiple operating systems
  • Can be used together with other popular hardware wallets
  • No sensitive data is stored on MyEtherWallet, giving crypto holders full ownership of their private keys.
  • It is secure and autonomous
  • Very beginner friendly
Cons:
  • Not as secure as Hardware wallet
  • Does not support non Ethereum altcoins
  • No live customer support
Features:
  • Cash out to fiat
  • Compactible with multiple OS
  • Available on Mobile and desktop versions
  • Zero transaction fee structure
  • Swap
  • Works with other chains
  • NFT manager

Argent

Argent
Suported chains:
No items found.
Description:
Argent appeals to a large audience seeking a simple and secure wallet.
Pros:
  • Supports other hard wallets and allows for simple recovery.
  • Provides returns in the form of interest on assets lent by DeFi users.
  • Low fees
  • Simple User interface
  • It doesn't require seed phrases to create a wallet
  • Available for download on iOS and Android devices.
  • Argent allows saving and borrowing, earning interest and investing.
  • Argent has access to over 240 different Ethereum-based tokens 
Cons:
  • There is no desktop or computer platform available, only mobile apps for iOS and Android.
  • For new users, the indirect process of storing wrapped Bitcoin can be difficult.
  • Incompatible with other blockchains.
  • No cold storage
  • Not hardware compatible
Features:
  • Recovery tools
  • Set Daily Limits
  • Human Readable Addresses
  • No transaction fees
  • Argent X is the first browser wallet for StarkNet
  • The argent wallet enables users to buy, sell and store NFTs
  • Inter-wallet transfer
  • Argent is freely accessible and does not require any subscription
Table of contents
This is some text inside of a div block.
Back to the rankings

What are crypto and Web3 wallets? 

Wallets in Web3 go by a couple of different names. Some call them crypto wallets, others refer to them as Web3 wallets.  

Neither is wrong and they're simply different terms for the same thing.  

Web3 wallets offer a pretty unique service.  

They're basically your gateway to...

  • Interact with decentralized applications
  • Access bankless financial services
  • Collect and store digital assets (like NFTs and Crypto)
  • Store on-chain identity data & credential
  • Collaborate with various types of communities

They offer huge functionality.  

It's a centralized address and identity in Web3 that you can use to log into dApps, send and receive messages (with a good Web3 CRM), store assets, and engage with others in the space.

W‍allets really are a great addition to the tech world.  

What is the best crypto and Web3 wallet?

There is no one best. Each wallet has specific functionality and usage. You need to match the wallet that answers your needs and helps you engage with the platforms you want to.  

generally speaking, wallets fall into one of two categories. 

  1. Hardware wallets (also called cold wallets)
  2. Software wallets (also called hot wallets)

Let's look at the difference and then look at the best options for each. 

What’s the difference between a crypto hardware wallet and a software wallet?

A software wallet - sometimes called a hot wallet - stores your private key on your computer.

While hardware wallets store your keys on a separate device that has to be manually linked to the internet, software wallets store your keys on your desktop or mobile device.

While this is more convenient and means you have more recovery options should you lose your key, it’s also more susceptible to hacking attempts.

And if someone gets your software wallet key they have full access to your investments and can take any action they want - including sending themselves your currencies.

You can reduce the chance of this by linking software wallets with a 2FA app (highly recommended).

Here's a quick and dirty suggestion on how to use these. 

Soft wallets - use for daily usage and to connect to dApps in the space (great for general Web3 engagement)

Hard wallets - Use to store large amounts of crypto or assets

What is a Web3 hardware wallet?

Hardware wallets are, currently, the most secure method of storing your crypto investments.

They store your private key - which is the critical piece of information needed to access and move your crypto investments - in a device that’s not connected to the internet.

In effect, it isolates the information that could be used to hack your investments and removes it from easily hackable elements like your desktop or mobile device.

If you’re using a software wallet and someone hacks your computer, they have the key to access your investments.

Hardware wallets simply store the key in an offline environment so, even if your computer is hacked, the key is stored in a separate location thus thwarting the attack and theft.

Hardware vs software wallets

The best Web3 hardware wallets

As mentioned above, you';ve got to choose the wallet that best fits your needs. 

The below are simply a shortlist of the most popular. Before you jump in on one, make sure you read the customer reviews to understand if it really is the best option for you. 

1. Ledger Nano wallets

Most popular hardware wallet

Ledger hardware web3 wallet

Ledger produces some of the most popular hardware wallets.

Ledger wallets look like a typical USB thumb drive but with a steel shell for added durability.

The device can be connected to any mobile device or personal computer with a USB or Bluetooth interface making it even more secure.

In addition, it supports over 30 cryptocurrencies including Bitcoin, Ethereum, Dash, Litecoin, Tron, and more. This makes the Ledger Nano X one of the most versatile hardware wallets on the market today.

Ledger has become increasingly popular due to its comprehensive marketing efforts featuring secure multi-faceted protection and convenience.

With superior connectivity options through Bluetooth or USB connection and mobile support, it is well loved by both beginners and experienced users alike.

they're also highly trusted as Ledger themselves work with a lot of the top brands in the crypto space to help them secure their project assets.  

Ledger offers 2 key hardware wallets. 

The Nano X which is slightly more expensive and comes with more features. 

The Nano S is more of an entry-level model but is still really quite good.  

2. Trezor

Security-focused wallet

trezor hardware web3 wallet

The Trezor Model T is a wallet from Satoshi Labs.

As the original provider of hardware wallets, this latest model features a touchscreen interface that allows for easy setup and operation.

It supports countless cryptocurrencies including Bitcoin, Dogecoin, Namecoin, Dash, Ethereum, and more so you never have to worry about them being incompatible with your wallet.

With the Trezor wallet, you can easily convert any of your stored cryptocurrencies into fiat currency with just the press of a button.

The exchanges inside the wallet also come with many functionalities such as atomic swap which helps users swap one cryptocurrency to another in a safe and secure manner.

Moreover, its integrated fiat exchange makes it easier than ever to get started in the world of crypto investing. 

3. KeepKey

Great entry-level wallet

KeepKey hardware wallet for Web3 dApps

The KeepKey hardware wallet stands out among its competition for a number of reasons.

Aesthetically, it has a beautiful design with a rugged metal case, and its screen is larger than those of other hardware wallets.

Additionally, for less than $50, it is an incredibly cost-effective solution to securely store your cryptocurrency.

KeepKey was acquired by Shapeshift back in 2017 which resulted in full integration with the Shapeshift platform and its exchange which can be directly accessed from within the KeepKey wallet itself.

All your account management can then be done via the Shapeshift Platform when the device is plugged into a computer via USB. 

What is a Web3 soft wallet?

Web3 hot or soft wallets are a little different to heir hardware counterparts. 

These wallets generally work as browser extensions.

They're far more convenient than having to check your hardware wallet and approve transactions. But that convenience comes with an added risk of the wallet being more susceptible to hacks. 

Because the wallet is always connected to the internet it has more possible potentials for being hacked.  

That said, what most people do is use a hot wallet to interact with dApps as they're super easy to use.  

Then, after they've bought an asset they want to hold, they simply move those funds to a hard wallet.  

The best Web3 soft wallets

The soft wallet game is dominated by a few major players.  

These are all generally free to use and it's really just about who they integrate with and whether you like the UI. 

Below are the most popular in the soft Web3 wallet categories. 

1. MetaMask

Most popular hot wallet

MetaMask hot wallet for Web3

MetaMask is probably the most popular hot wallet around. 

It's an open-source browser extension that enables users to easily access Ethereum-based applications without having to run the Ethereum node themselves.

It can store any token, asset, or crypto built on Ethereum, totaling more than 700,000.

MetaMask integrates with various Web3 applications that require crypto transactions for their functionality and boasts mobile and browser-based wallets for convenient use.

However, it lacks a desktop app and does not offer staking directly in its app either, though there are compatible apps on the web for easily staking tokens.

Overall, MetaMask provides an intuitive way of safeguarding assets from external threats as well as providing access to multiple dapps via one convenient platform.

2. Phantom

Good Solana wallet

Phantom hot web3 wallet

The Phantom crypto wallet is a secure, lightweight wallet that supports a variety of cryptocurrencies that works on Soalana (and is soon to come to Ethereum and Polygon). 

It offers users an easy-to-use interface for managing their crypto assets, trading between coins, staking assets and more. It also offers a built-in exchange that provides users with quick access to the most popular exchanges on the market.

The wallet is open source and has been tested by security researchers to ensure maximum security of your funds.

One thing I love is that the Soalana wallet looks out for you when logged in. For example, I tried to go to MetaMask (.) com. This is not the real MetaMask site and has probably been snapped up by a phishing scammer hoping to drain some wallets. 

Phantom sent me this warning in my browser saving me potential lost funds. 

Phantom web3 wallet security

3. Electrum

Great bitcoin wallet

Electrum Web3 wallet

Electrum is a hot wallet that stands out among its peers for its private key encryption and two-factor authentication.

It's basically more secure for users’ funds. Electrum works to ensure that all bitcoin transactions are validated by the blockchain and stored in a secure environment.

Additionally, the wallet offers an impressive variety of interfaces, from mobile and desktop solutions to a command line interface, allowing users to optimize their user experience according to their needs.

Moreover, Electrum provides integration with other popular wallets including Ledger, Trezor and Keepkey, alleviating any issues relating to compatibility or cross-usability between different wallets.

This means you can enjoy seamless navigation between various tools under one umbrella.

Last but not least, Electrum’s cold storage feature allows you to spend bitcoin without being connected online; instead it involves signing transactions from your offline computer which gives you an extra layer of security if desired.

Best of both worlds with electrum. 

Should you use a crypto hot or cold wallet? 

If you're just getting started in the space, go with something like MetaMask. 

It'll help you ease into the space without having to worry too much about setting everything up. 

Hot Web3 wallets are easy as there's no cost involved. You can try one out and, if you don't like it, simply move. Just make sure you don't leave funds or assets in a wallet you no longer want to use. 

Eventually, you'll need a combination of hot and cold wallet (which is terrible UX someone needs to solve).

If you're wondering when you make the switch to start also using a cold wallet, here's a little advice.  

When should you get a crypto hardware wallet?

There's no hard and fast answer on this.

It really depends how comfortable you are with risk when it comes to your finances.

However, our advice is to think about the amount of money you feel comfortable keeping in your house as fiat cash before you'd go to the bank.

If you feel comfortable keeping $500 in your home, then $500 in crypto is where you should draw the line and purchase a good hardware wallet.

If you're like me and have been cashless for some time, I'd say that $1000 is the limit.

As soon as you have $1000 in crypto assets, get a hardware wallet to ensure they stay safe and secure.

How to choose the best crypto hardware wallet

The recommendations above are all solid choices when it comes to choosing a hardware wallet. And all will help you better secure your crypto.

However, knowing which one is right for you can be a difficult task.

Before you jump in and start looking at which to buy, I’d recommend using the below decision-making flow to find which best suits your purposes.

Budget

If you can’t afford to drop $250+ on a wallet, don’t get drawn in to the higher price options.

The money you’d save here would be better spent on necessary bills or in investing in your portfolio.

All of the above-recommended wallets are secure. Get what you can within your budget now, then upgrade later.

Asset volume and value

All of the above-recommended hardware wallets will improve security of your crypto holdings.

However, you also need to consider the value and volume of trades you;re making.

If you’re trading between multiple currencies, then you might be better off splashing out a little more cash to get one of the more expensive wallets that support a higher number of currencies.

Currencies you invest in

If you’ve narrowed your search down to the hardware wallets within your budget and that would fit your portfolio’s scope, you need to check whether or not it supports your primarily traded currencies.

For example, if you invest primarily in $LUNA, but your wallet doesn’t support it, then it needs to be discounted.

If you follow these three simple questions you should be able to find a wallet that fits your needs.

And if you’re still stuck on a choice, our personal choice here is the Ledger Nano X.