The 9 Best Crypto Wallets Reviewed To Secure Your Digital Assets in 2025

Finding the best crypto wallet in 2025 means navigating through hundreds of options, each claiming superior security and functionality.

The reality is there’s no one-size-fits-all solution – the best crypto wallet for you depends on your trading habits, security needs, and technical expertise.

As the crypto market matures and threats evolve, wallet providers race to introduce innovative features like presale aggregators, multi-party computation, and geographically distributed private key shards.

Best Wallet ticks all the marks and takes the gold medal in this competition. It’s secure, beginner-friendly, and offers easy access to vetted presales.

However, other wallets on our list, like Zengo or Cypherock, may better match your needs. So, let’s dive in!

Top 9 Crypto Wallets – Editor’s Choice

Before we dive into in-depth reviews of the best crypto wallets in 2025, here’s a quick glance at what makes them special.

What is a Crypto Wallet?

It would be fair to suggest that a crypto wallet is a tool for holding your crypto. However, since crypto is not a physical asset, the technical reality is a bit more complicated.

So when people say they ‘lost their crypto,’ what they really lost was their private key – the proof of ownership. The crypto itself is still there on the blockchain; they just can’t access it anymore.

This leads us to a conclusion – a crypto wallet is a hardware or software tool that stores your private key.

Every crypto owner has a wallet. Even if you only bought $10 worth of crypto at an exchange and just need basic storage. However, while exchange-based wallets may be sufficient for beginners, active crypto traders or large investors often prefer dedicated wallet solutions that offer greater control and security.

How Do Crypto Wallets Work?

A crypto wallet manages your public and private keys so you can interact with the blockchain.

A public key is your wallet address, similar to your bank account number. You can safely share it with others. It’s usually a combination of letters and numbers that look similar to this: B1fpARq34i7L652ywJ55xgV664.

Your private key is a unique password to your wallet, and you should always keep it secret.

Here’s what happens when you make a crypto transaction:

1. You initiate a transfer in your wallet.
2. The wallet creates a digital signature using your private key.
3. This signature proves you own the crypto and authorizes the transaction.
4. The wallet broadcasts the transaction to the blockchain.
5. Validators confirm the transaction.
6. The blockchain ledger is updated to reflect the new ownership.

Another term you’ll encounter with any crypto wallet is the seed phrase. It’s a combination of 12 or 24 words that serves as a backup to your private key. So, like the private key, you must keep it safe.

Types of Crypto Wallet

Before we dive into in-depth reviews of specific solutions, you may find it helpful to learn about different types of crypto wallets.

Hot

Hot crypto wallets are software tools you can only access via the internet. Some hot wallets, like Best Wallet, are mobile-first, meaning they only have a mobile app. Others, like Ellipal, have both mobile and desktop versions.

The best thing about hot wallets is convenience – they often offer features like fiat on-ramp (allowing you to buy crypto with fiat currency), swaps, and staking. That’s why hot wallets are best suited for active traders.

However, because they’re connected to the internet, hot wallets are more vulnerable to hacks and malware. To protect your funds, you should set up security measures like two-factor authentication (2FA) and follow cybersecurity best practices, for example, never clicking suspicious links and avoiding public Wi-Fi networks.

Seasoned investors often use cold wallets to store large amounts of crypto long-term and hot wallets to trade smaller amounts.

Cold

Cold crypto wallets are hardware devices that store your private keys offline. While you can briefly connect a cold wallet to the internet to sign a transaction, the private key never leaves the secure offline environment.

These devices typically look like USB drives and are made from durable materials. The most popular hardware crypto wallet on the market right now is Ledger Stax.

Cold wallets are better suited for HODLing large amounts of crypto because they are immune to online threats like hacks, keyloggers, malware, and phishing.

The main trade-offs are cost (quality hardware wallets aren’t cheap) and convenience – you’ll need physical access to the device for any transaction.

Plus, losing or damaging your cold wallet means losing your crypto unless you have a seed phrase or a backup device like Ledger Recover. To recover your funds, you’d need to set it up before you lose access and verify your identity.

Custodial

Most exchange-based crypto wallets are custodial. This means a third party, in this case, the exchange, holds your private keys, similar to how a bank manages your fiat money.

Custodial crypto wallets are handy for beginners because you don’t have to set up security features. They also offer advanced trading features and recovery options.

However, as the saying goes – ’not your keys, not your coins.’ Like a bank may go bankrupt, a crypto custodian may suffer a hack, internal fraud, or shut operations in your country due to regulations.

On top of this, the wallet may freeze your account if it flags suspicious activity and may enforce withdrawal or trading limits.

Another point worth noting is that most custodial wallets have know-your-customer (KYC) procedures to comply with anti-money-laundering regulations and help recover wallets.

Non-Custodial

Non-custodial crypto wallets like Best Wallet give you full control over your assets. They provide a platform for interacting with your crypto but don’t store your private keys.

Essentially, non-custodial wallets offer maximum anonymity as they don’t typically require KYC and align with cryptocurrency’s core principle of decentralization.

The wallet provider can’t freeze or access your funds. However, this also means they can’t recover your crypto if you lose the private key.

Only you are responsible for your wallet’s security, so you need to understand potential risks and how to mitigate them.

Expert Analysis – Best Crypto Wallets Reviewed

Now, let’s move on to in-depth reviews of the best crypto wallets currently in the market.

1. Best Wallet – Only Crypto Wallet With Presale Aggregator, Our Top Pick for Beginners

Best Wallet is a hot, non-custodial wallet that combines ease of use with advanced features. This makes it the most universal choice among our top picks, suited for beginners and experienced traders.

The wallet is only available through an iOS or Android mobile app. It lets you store, buy, sell, swap, and stake thousands of assets across all popular networks like Bitcoin, Ethereum, and Solana from one interface.

Beyond the basics, Best Wallet offers numerous unique features. The integrated DEX (decentralized exchange) enables low-fee cross-chain swaps, while the Token Launchpad lets you buy hot presale tokens directly from the wallet app. In fact, Best Wallet is the first and only wallet with a presale aggregator.

This approach has two benefits: security and convenience. Best Wallet checks all new meme coins against its strict safety standards and only lists those that tick all boxes. Besides, you don’t need to spend time searching for new projects – they’re all on one page, along with their whitepapers, roadmaps, and tokenomics.

Holders of Best Wallet’s native token, $BEST, gain lower transaction fees, higher staking yields, and governance rights within the ecosystem. $BEST is an ERC-20 token and is currently available on presale at a discounted price.

These factors make Best Wallet the best free crypto wallet and the best crypto wallet for mobile devices.

Pros

• Presale aggregator for easy access to new projects
• Best DEX for efficient cross-chain swaps
• Exclusive perks for $BEST token holders
• Beginner-friendly interface

Cons

• Currently only available on mobile
• NFT gallery is still in development

Visit the official Best Wallet website today.

2. Zengo – Secure Hot Wallet With 3FA, MPC Technology, and Theft Protection

Zengo is a hot wallet that supports assets on the Bitcoin, BNB Chain, Ethereum, Polygon, Arbitrum, Optimism, Base, and Tron chains. This means you can’t store tokens like $SOL, $XRP, or $SUI in Zengo, but the list of supported coins is still impressive.

Zengo Essentials, the app’s free version, provides users with security necessities. MPC (multi-party computation) technology removes a single point of failure for your private key, while 3FA (your email, biometrics, and Zengo recovery file) prevents unauthorized access and ensures recoverability.

Zengo Pro, available at $19.99/month or $129.99/year, offers Theft Protection that requests biometric authentication not just for unlocking your wallet but for all transfers. Pro users can also name someone to inherit their funds with Legacy Transfer.

On top of enhanced security, Zengo Pro users get priority customer support (our experience shows most replies take under five minutes) and access to Bitcoin private transaction mode, which generates a new public address every time you make a transaction.

For easy asset management, Zengo allows you to create five segregated wallets, for example, for long-term crypto investments, daily transactions, minting, meme coins, and AI tokens. This also improves your privacy, as you can choose which wallet addresses to share publicly and don’t expose all your assets each time you transact.

Pros

• The ability to name heirs with Legacy Transfer
• 3FA security, even with free Zengo Essentials
• Support for Ethereum-based NFTs
• Manage five segregated wallets from one app

Cons

• Lacks support for assets on Solana, XRPL, and some other popular chains
• Many features, like Bitcoin private transaction mode, are only available to Pro users

Visit the official Zengo website today.

3. Cypherock – Next-Gen Recoverability With Five Geographically Distributed Private Key Shards

Cypherock X1, launched in 2023, set a new benchmark for cold wallet security. It uses Shamir’s Secret Sharing cryptographic method to distribute your private key into five shards, which are stored across four X1 cards and the X1 vault and only controlled by you.

When you order the Cypherock X1, you receive the wallet itself (X1 vault) and four tamper-proof metal cards. Only you control these cards, and Cypherock recommends distributing them across several geographic locations to protect them from natural disasters and theft.

While five cards secure your funds, you only need two to access them. This means you can still spend your crypto if you break or lose a card or two.

Since Cypherock is non-custodial, it can’t help you recover funds if you lose your private key. Instead, you’d need to fetch one of your X1 cards and tap it on the X1 Vault. This system makes Cypherock the only crypto wallet that doesn’t require you to store a backup phrase, mitigating the risk of single-point-of-failure.

If you end up losing more than three of your X1 cards or pass away, you can designate a close person as your heir with the Estate Recovery feature.

Security firm Keylabs audited Cypherock’s hardware, and the wallet provider quickly fixed all vulnerabilities. Now, Cypherock X1 is virtually unbreachable.

To make transactions, you need to connect your Cypherock X1 to the desktop app cySync. While it’s intuitive and allows you to send and receive crypto, it lacks the advanced functionality you’d find in hot storage solutions like Best Wallet or Zengo.

Pros

• No need for a recovery phrase thanks to X1 cards
• Audited by Keylabs, a leasing blockchain security firm
• Immune to theft and natural disasters if cards are distributed geographically
• Estate Recovery feature for crypto inheritance

Cons

• Pricey
• Not ideal for active traders, many features of the desktop app are still under development

Visit the official Cypherock website today.

4. Margex – Best Custodial Crypto Wallet for Active Traders Looking for 100x Leverage

Margex is a crypto exchange that has earned the trust of over 500K customers since its launch in 2019. It offers a range of tools for seasoned traders, such as 100x leverage and perpetual futures, but it also caters to beginners with its copy trading feature that lets you mimic the strategies of pros.

Like any exchange, Margex has a built-in wallet that supports assets on Bitcoin, Ethereum, Solana, XRPL, Base, BNB Chain, and other popular networks.

Margex Wallet is custodial, meaning that the platform is responsible for the security of your assets. The company stores all user funds in multi-signature offline storage that requires multiple private keys to authorize a transaction.

Additionally, Margex supports 2FA and withdrawal whitelisting to ensure that even if someone accesses your account, they can’t send funds to an unauthorized address.

The rare combination of secure storage and advanced DEX makes Margex ideal for active traders.

Pros

• Integration with the Margex DEX, which offers pro features like copy trading, futures trading, and leverage
• Multisignature cold storage for user funds
• Custodial service means Margex can help you recover a lost private key
• Withdrawal address whitelisting

Cons

• Only supports select assets on some chains, like Solana
• Not available for US citizens at the moment

Visit the official Margex website today.

5. Ledger Stax – Ledger’s Newest Premium Wallet With Large Touchscreen, EMI Protection, & EAL 6+ Certificate

Ledger is one of the oldest cold crypto wallet providers. It rolled out its first device, Ledger HW.1, in 2014 but has since discontinued it. Now, the Ledger lineup boasts a new addition – Ledger Stax.

Ledger Stax is the most sophisticated (and pricey) of Ledger’s wallets. It features an aluminum body, a 3.7’’ touchscreen, Bluetooth and NFC compatibility, and wireless charging. Each Ledger Stax comes with a magnet shell to protect against physical damage and electromagnetic interference (EMI).

Like all Ledger devices, Stax protects your private key with a Secure Element chip with EAL 6+ certification, commonly used in bank cards and passports.

Unlike Cypherock, which is best suited for HODLers who don’t transact often, Ledger Stax strikes a balance between security and convenience.

The large screen lets you easily see transaction details when you connect the Stax to the Ledger Live app, available on Windows, Linux, macOS, iOS, and Android. With Ledger Live, you can sell, buy, send, swap, and stake thousands of tokens and NFTs on all common networks.

To recover access to your wallet, you need a 24-word recovery phrase. While you can store it in any way you deem safe, Leger also offers the Cryptotag Zeus and Billfold accessories to protect it from water, fire, and hacks.

Pros

• Supports 5.5K+ assets
• Created by a reputable wallet provider with an 11-year track record
• Large E-Ink touchscreen
• EAL 6+ certified Secure Element chip

Cons

• More expensive than competitors like Ellipal
• The battery is not replaceable

Visit the official Ledger website today.

6. Tangem – Unbreakable Body & Designs That Match Your Style With a 25-Year Replacement Warranty

Tangem has a similar concept to Cypherock: instead of one device, you order a two- or three-card set, each providing access to your funds, so you don’t need a backup phrase.

The only copies of your private key exist on your Tangem cards. But unlike Cypherock, you only need one card and a secure PIN to make transactions, so they act a bit like bank cards.

Alternatively, you can order a two-card set and a zirconia ceramic ring for daily wear. Tangem also lets you match the cards to your style, whether you prefer black minimalism, patriotic US flag themes, or kawaii anime cats.

Tangem’s EAL 6+ certified chip is developed by Samsung Semiconductors and is resistant to water, extreme temperatures, X-rays, and electromagnetic impulses.

Perhaps the only thing it won’t withstand is a nuclear blast (although no one has tested this, and let’s hope we don’t need to). However, the company provides a 25-year replacement warranty should you still manage to break the device.

For easy portfolio management and swaps, Tangem integrates an exchange aggregator into its Tangem Express mobile app. Open the app, choose a token pair, pick your provider, and verify the transaction with your biometrics – that’s it.

Pros

• Doesn’t need charging, unlike most cold wallets
• No need for a recovery phrase due to the multi-card setup
• Integrated CEX/DEX aggregator for smooth cross-chain swaps
• Customizable styles and a two-card + ring option

Cons

• New, not yet battle-tested concept
• No NFT support at the moment

Visit the official Tangem website today.

7. Ellipal – Affordable Air-Gapped Cold Wallet With a Secret Vault Feature

Ellipal rolled out its first cold wallet, Titan, in 2018. Later, Titan 2.0 joined Ellipal’s product lineup, along with two seed phrase generator accessories.

Both Ellipal hardware wallets are air-gapped and CC EAL 5+ certified, so they are virtually immune to hacks.

They’re also significantly more affordable than competing models from Ledger. Ledger’s cheapest touchscreen model, Flex, costs $249, whereas Ellipal Titan costs just $99.

Ellipal Titan and Titan 2.0 let you create a secret secondary wallet you can only access with an additional password. Even if someone finds out your private key and unlocks the wallet, they won’t be able to steal assets from the second vault.

Although Ellipal is a cold wallet, you can buy, sell, swap, and stake crypto through its mobile app. The app only supports native staking for $ADA, $DOT, $ATOM, $KSM, and $XTZ, but you can stake other tokens through one of the 200+ compatible dApps.

Overall, Ellipal has no serious pitfalls, but its security standards and recovery methods (seed phrase only) do seem a tad bit outdated compared to competing cold wallets like Ledger or Cypherock.

Pros

• Integrates with 200+ dApps through WalletConnect
• Air-gapped, making the device immune to online threats
• Supports a secret secondary wallet

Cons

• Limited asset selection for staking, buying, and swaps in Ellipal’s native app
• Bulkier than other cold wallets on the market

Visit the official Ellipal website today.

8. Kraken – Non-Custodial Wallet That Supports $BTC SegWit Addresses

Kraken is one of the largest crypto exchanges worldwide, serving 13M customers across 190 countries. The platform’s quarterly trading volume exceeds $207B.

It’s clear that Kraken takes its reputation seriously and strives to offer its users top-notch functionality and security. This also applies to Kraken’s non-custodial hot wallet.

With Kraken’s crypto wallet, you get essentials like 2FA, encryption, and a seed phrase. The company keeps 95% of user assets in cold wallets that are distributed geographically, with round-the-clock armed security personnel and video surveillance.

Even if someone were to hack the platform or seize one of Kraken’s cold wallet locations, they wouldn’t gain access to any user funds because Kraken doesn’t hold your private keys.

It’s worth noting that the Kraken wallet is a separate product from the Kraken CEX. However, the Kraken Wallet has a built-in DEX aggregator feature that automatically finds you the best swap routes.

A lot of crypto wallets only support Legacy Bitcoin addresses. But with a SegWit wallet, you can transfer Bitcoin faster and cheaper than with a Legacy one.

Pros

• Integrated DEX aggregator for efficient crypto swaps
• Supports SegWit and Native SegWit Bitcoin wallets
• Stores 95% of user funds in cold wallets

Cons

• Doesn’t support tokens on Bitcoin Ordinals, XRPL, and many other networks
• Doesn’t directly integrate with Kraken CEX

Visit the official Kraken website today.

9. Uphold – Assisted Self-Custody Wallet With Key Replacement Service

Uphold is a multi-asset platform that lets you invest in traditional currencies, commodities like gold, and crypto from one interface. The company earned the trust of over 10M users since its launch in 2015.

Uphold Vault is the platform’s ‘assisted self-custody’ wallet. You maintain sole ownership of your private keys, but Uphold offers a key replacement service.

Essentially, you hold two keys: the private key and the seed phrase. Uphold, in turn, holds the third key, which it can use to replace either of your keys if you lose one. However, since two keys are necessary to sign transactions, Uphold can never move your crypto.

Although Upvault is a multi-asset investment platform, the Vault can only hold crypto. Currently, token support is limited to $BTC, $XRP, $HBAR, $CORE, $SOLO, and $RLUSD. But Uphold plans to add support for more networks and assets this year.

Alternatively, you may use Uphold’s traditional self-custody wallet called UpHODL. It’s free because only you are responsible for recovering your wallet. It also supports hundreds of assets, including $BTC, ERC-20 tokens, and NFTs. UpHODL also integrates with the Uphold exchange, where you can buy, sell, and swap crypto.

Pros

• Can help you recover either of your wallet keys
• Also available as a traditional free self-custody wallet
• Licensed in the US, EU, and UK

Cons

• Very limited supported asset selection
• Monthly subscription fee

Visit the official Uphold website today.

How We Choose the Best Crypto Wallets

There’s no shortage of crypto wallets on the market, so we developed a methodology to separate the wheat from the chaff. Here are the key factors we consider when picking the best crypto wallets – and you should, too – to find a wallet that meets your needs.

Your Trading Habits

This is fundamental because different wallets serve different purposes. A day trader needs different features than a long-term holder. Think about your trading patterns when choosing between hot vs cold crypto wallets, custodial vs non-custodial wallets, and so on.

Cost

Hot wallets are typically free, but the provider might charge extra for advanced features. Take Zengo Pro with its Legacy Transfer, for example.

Cold wallets, on the other hand, range from $40-ish to hundreds of dollars. Stick to your budget and consider whether extra features justify the cost, but remember that the cheapest solution is rarely the best.

Provider Reputation

Given the irreversible nature of crypto transactions, a provider’s track record must be crystal clear. Established companies that have earned user trust and had no major security incidents earn a bonus point from us.

Functionality

Again, this comes down to your needs. For some users, basic send/receive features suffice, while others look for staking, swapping, or DeFi integration.

Security

Security is the only non-negotiable factor in choosing the best crypto wallet app. Choose a wallet that employs measures like 2FA, multi-signature authorization, and strong encryption. We also favor crypto wallets that regularly undergo independent audits by reputable security firms.

Recoverability

Security features like 2FA prevent malicious actors from stealing your funds, but they don’t protect you if you forget the passcode or your cold wallet gets destroyed in a hurricane.

We evaluate a wallet’s recoverability, including how it stores the seed phrase and whether it offers add-ons like secondary recovery devices.

Exchange Integration

Exchange integration isn’t mandatory, but it can make your asset management a lot easier if you’re an active trader. Besides, fewer transfers between your wallet and external apps means a lower risk of online attacks.

The best hot crypto wallets like Best Wallet also offer smart order rerouting, which helps you swap crypto at better prices through automatic exchange rate comparison.

Supported Assets

Wallets that support thousands of assets across all chains give you more flexibility. While you can manage multiple wallets, it’s cumbersome and potentially unsafe as you have to take care of multiple seed phrases and private keys.

Interface

A clear, intuitive interface reduces the risk of user error in transactions (which are irreversible in crypto). This is particularly important for beginners.

We pay attention to the app’s design, mobile responsiveness, customization options, and any bugs or lack thereof. For example, Best Wallet is the best crypto wallet for Android and iOS because it meets all our criteria.

Setting Up a Crypto Wallet Step-by-Step

The steps for setting up a cold crypto wallet may differ considerably depending on the device. However, most hot wallets have a very similar setup process. We’ll use our top pick for the best cryptocurrency wallet, Best Wallet, to give you a brief overview of the steps.

Step 1: Download Best Wallet App

Best Wallet is a mobile-first wallet, so it’s only available via Android and iOS apps. Download the app from Best Wallet’s official website or your device’s app store. It’s free and only takes a minute.

Step 2: Register an Account

Once you have the app, open it and enter your email address. Then, enter the verification code you received via email into the app. Best Wallet is a no-KYC wallet, so there’s no need to go through lengthy identity checks.

Step 3: Set Up Security Essentials

To protect your account from unauthorized access, set up a four-digit PIN and 2FA. You can pick any PIN you prefer, but we advise against numbers that are easy to guess, like your birthdate or the current year.

Optionally, you can enable biometric authentication if your smartphone has fingerprint ID or face recognition.

Step 4: Start Using Best Wallet

Now, you can start exploring Best Wallet’s features. Buy your first crypto with fiat or deposit it from a different wallet, and check out the Upcoming Tokens page for new presales with high growth potential.

Conclusion – The Best Crypto Wallets

When picking the best wallet for crypto, remember that security is the only non-negotiable factor. However, you should also consider how often you trade, which assets you hold, and your experience with crypto.

A common strategy is to split your holdings between a hot wallet for active trading and a cold wallet for long-term storage.

In this case, we recommend Best Wallet for active asset management due to its unique presale aggregator feature and support for many popular chains. For cold storage, Cypherock is our #1 wallet because its five-shard security system eliminates the need for a recovery phrase.

At the end of the day, remember that your wallet’s security is only as strong as your personal security practices. Even the most secure cryptocurrency wallet won’t stand a chance if you write your private key on a piece of paper and leave it on a table in an airport cafe.

FAQs

1. Which wallet has the lowest fees?

Many hot crypto wallets, including Best Wallet, are free to download and use. However, you may have to pay transaction fees when buying, selling, and swapping crypto. These fees depend on the blockchain and go toward supporting network operations rather than Best Wallet.

2. Which crypto wallet is the most secure?

Cypherock is by far the most secure cold wallet on the market because it splits your private key into five parts stored on tamper-proof metal cards. Zengo is the most secure hot wallet because it uses MPC technology to eliminate a single point of failure for private keys, implements 3FA, and offers the Legacy Transfer feature.

3. How many crypto wallets should I have?

Many crypto enthusiasts have two wallets: a hardware wallet for long-term storage of larger amounts and a hot wallet for daily transactions and smaller sums. However, some manage with just one wallet, as modern storage solutions like Best Wallet and Zengo strike a balance between security and convenience.

4. What is the best crypto wallet for beginners?

Best Wallet is the best crypto wallet for beginners because of its user-friendly interface, support for over 1K assets across multiple chains, and built-in DEX functionality for simple trading. Its unique Token Launchpad provides vetted presale opportunities to protect beginner investors from scams that are common in the meme coin sector.

5. What is the best crypto wallet for iOS?

Best Wallet is the best crypto wallet for iOS because it’s a mobile-first, user-friendly app that lets you buy, sell, store, and stake crypto from one interface.