Check out this curated list of crypto wallets to choose your preferred gateway to the world of cryptocurrencies.
There are many cases where people have lost their crypto because they did not secure it enough; as you may know, the cryptocurrencies are not even registered under any country’s law. So, you have to be extremely careful when you are choosing a wallet for your digital currency.
Without further ado, let’s dive into the list of the crypto wallets that you can use to ensure that your investment is kept safe and sound.
Best Crypto Wallets for 2024
Being a crypto investor myself, here’s my list of favorite crypto wallets. I’ve listed out all the features that you need to know to make an informed decision.
Ledger
Are you a crypto enthusiast?
Try Ledger Nano S, a leading hardware wallet.
Now, if you are thinking about what a hardware wallet is, then here you go. It’s a cryptocurrency wallet that stores users’ private keys in a secure and safe hardware device. Its main aim is to separate your easy-to-hack computer/smartphone from the private keys.
Ledger allows you to sell, buy, manage, and exchange your crypto using just a single app safely through your desktop, tablet, and smartphone. It supports over 1500 tokens and 27 coins.
Ledger’s advanced technology for hardware wallets ensures the highest level of security for your crypto assets. Their products combine a proprietary OS and Secure Element that are designed to safeguard your assets. It gives you the power to control and own your private keys.
Also Read: Know These Lingo Before Doing Anything Crypto
Trezor
Searching for a better place to store and manage your virtual coins?
Trezor Hardware Wallet is an excellent option!
It is a reliable solution that features a hardware wallet to help you manage and trade your cryptos instead of online providers that may disappear or get hacked anytime. It secures your assets straightforwardly with transparent security that includes audits by expert security researchers and verification by their track records.
Trezor Wallet is designed to provide ease of mind and confidence by offering a user-friendly, convenient, and intuitive interface. It allows you to manage easily, control, and transfer funds. With offline backup, you can easily access and recover your assets within a few minutes.
When setting up your Trezor wallet, a seed will be generated for you. If you want even stronger security for your seed, then don’t make a digital copy and keep it in a highly safe place. You can always access your wallet using your 12 to 24-word recovery seed.
This recovery seed utilizes a standard made by them at SatoshiLabs, and it is also compatible with different wallet apps. Trezor wallet supports 1000+ coins and takes many security measures, including encrypted cloud storage, U2F authentication, Bitcoin-only firmware, Encryption via GPG, and more.
Atomic Wallet
Atomic Wallet packs excellent functionality with options to buy, send, exchange, and stake crypto with top-notch security.
Besides, this is non-custodial, which means that your private keys never leave the local device for added peace of mind.
Another thing playing out in its favor is anonymity. You don’t need any verification or account to get started. Just download its native application and set up the wallet to get rolling.
Notably, Atomic Wallet doesn’t support crypto-to-fiat transactions just yet. So, this might be the perfect option if you don’t mind cashing out via an exchange.
Finally, Atomic Wallet is available for Windows, Mac, Linux, Android, and iOS.
BlockWallet
BlockWallet is a self-custodial browser extension wallet that makes it easy to surf Web3 with ease.
Swap and bridge your tokens directly inside the wallet, and do so with confidence knowing that BlockWallet’s elite privacy and security infrastructure is there to back you up. They’ll protect your digital identity and help you spot scams while you can focus on exploring Web3 with an incredibly smooth experience.
They not only collect zero user data but take it a step further by stopping others from collecting it too. With their exclusive private node infrastructure, BlockWallet sets up privacy proxies that prevent node providers from collecting personal data such as your IP address and location. The privacy through BlockWallet is brilliant enough that you won’t even have to use your proxy managers!
BlockWallet supports all EVM-compatible chains (Ethereum, Polygon, Arbitrum, BNB, etc.) and their tokens, with compatibility with all DApps and NFT marketplaces too. For additional security, you have the option to connect your Ledger, Trezor, or Keystone device to your account.
Searching for a software wallet that combines ease of use, privacy, and security for your Web3 adventures?
Give BlockWallet a try – a self-custodial browser extension wallet crafted for an effortless and safe Web3 experience.
DeFi Wallet
DeFi Wallet by Crypto.com is a noncustodial wallet, thereby allowing you to use all the DeFi services under one umbrella. You can have complete control over your keys and cryptos and easily manage over 100 coins, such as BTC, ATOM, DOT, LTC, CRO, ETH, and more ERC20 tokens.
Import your current wallet using a 12, 12, or 24-word phrase for data recovery. You can also send cryptocurrencies at your desired network fee and confirmation speed. With DeFi Wallet, you can earn interest on more than 35 tokens with Compound, Yearn Earn V2, Aave, Cosmos Staking, and Crypto.org Chain Staking.
It lets you enjoy the benefit of great returns without lock-up terms. Furthermore, you can farm DeFi tokens and swap them directly using the DeFi Wallet. It offers Liquidity Providers the benefit of Bonus Yield and Swap-fee sharing for select pools.
DeFi Wallet also helps you enhance your yields by 20x. Security is the top priority for them; hence, DeFi Wallet gives you private keys encrypted on your device locally with Secure Enclave, 2-Factor Authentication, and Biometrics.
Crypto.com also offers an exchange platform to trade cryptocurrencies.
Get a $10 sign-up bonus if you sign up through our link.
Exodus
Managing your crypto becomes effortless with Exodus as it allows you to send, receive, and exchange them using its easy-to-use wallet that works on desktop and mobile.
Exodus hardware wallet integrates with different apps seamlessly to better control your wealth and help you earn more interest easily using these apps. You will get live charts and portfolios, built-in exchange, and 24/7 hours support for making your crypto trading fun.
It supports 100+ cryptocurrency assets. You can better control your virtual assets no matter where you are operating from Android and iOS mobile apps. Sync data with their desktop app, exchange crypto in two clicks, and monitor market changes easily.
You can manage your crypto assets securely in Exodus using the Trezor hardware wallet that comes with advanced security. In addition to this, all your assets remain secure offline on the Trezor hardware. Exodus is easy to use, even for beginners, and allows them to get full support from the team and efficiently use the wallet.
Trust Wallet
Millions of people are using Trust Wallet, one of the most secure and trusted crypto wallets. It is designed for those who want an easy approach to managing their cryptocurrencies and is available for Android, iOS, and desktop devices.
You can buy crypto using a card and exchange them instantly with better privacy and security. You can also buy Bitcoins in a few minutes, earn crypto interest in your wallet, and see your NFTs, art, and collectibles in a single place.
Don’t worry about leaving the application while exchanging your crypto. Also, you can easily track the prices and charts inside the wallet while keeping it safe from scammers and hackers. Get the first $50 worth of Ethereum, Binance Coin, Bitcoin, and other cryptocurrencies without requiring any strict documentation to trade your crypto.
They never collect your personal data; all your digital assets are safe and private, and only you can use them without any restrictions. You are free to use your favorite decentralized applications and find new and interesting ones without going out of the wallet.
Trust Wallet supports 160+ assets and 40 blockchains, providing you with an easy platform to store your tokens and coins in a single wallet.
Also Read: Ways to Earn Free Crypto
BitPay
Manage and exchange crypto with BitPay and have complete control over them. With BitPay, you can generate multiple wallets, transfer funds, have fun with testnet coins, and many more.
Secure your funds with key encryption and multi-sig, and protect shopping by using Payment Protocol. Get emails along with push notifications instantly for each update, like proposals, payments, and transfers.
You can pay your friends across the globe and turn your crypto assets into dollars with their card/purchase gift cards. Basically, BitPay also works as a platform to buy gift cards using crypto!
If your favorite store does not accept crypto, don’t worry; use this BitPay app to buy store credits instantly and spend them at a retailer.
BitPay’s non-custodial and open-source wallet doesn’t let anyone hack your assets; even BitPay can’t take your money. Enhance your security using biometric authentication, PINs, and private key encryption. Use a multi-signature address to divide payment authorization to a maximum of 12 devices or reliable copayers.
Armory
Armory is an open-source wallet that has multi-signature support.
This wallet gives users full control over the creation and storage of cryptographic keys. Through the consolidation of powerful security factors and a user-friendly interface, it is developed in such a way as to serve individuals and businesses to safeguard and maintain their Bitcoin tokens.
Armory wallet has support for cold storage, and this means that it also allows managing Bitcoin without an Internet connection. It also provides multi-signature options. This wallet is perfect for users who always place more emphasis on security.
GreenAddress
GreenAddress is a hierarchical deterministic wallet designed to possess a great balance between private key security and user accessibility.
GreenAddress is a powerful Bitcoin wallet with many features, and some of them are below.
- Multiple 2-factor authentication choice
- Offer API to manage Bitcoin programmatically
- You can set spending limits
- Multi-platform & device
Thus, GreenAddress too is a good option to consider.
MyEtherWallet
MyEtherWallet helps you with Ethereum’s needs. It has facilitated Ethereum basics like setting up a paper wallet, sending ether, collecting ether, generating a seed, and even much more.
MyEtherWallet has a connection to Ethereum test networks like Ropsten. It supports the majority of hardware wallets like Trezor, Ledger, etc.
Electrum
Electrum is developed on Python, and works on Windows, Mac, and Linux. It is considered one of the most reliable wallets available today, and that’s mostly due to the encryption techniques it manages to secure the private keys.
It is a lightweight client wallet that allows users to connect to external servers rather than downloading the entire Bitcoin blockchain by running a full node.
Electrum servers are decentralized and redundant, so the wallet is never down.
Edge
Edge uses a special feature of client-side encryption to encrypt all the private data to keep it safe.
Edge has ShapeShift integration so that the user can instantly convert between coins and tokens from this. It supports both Android and iOS mobile devices.
Coinbase
Coinbase is one of the world’s largest known cryptocurrency brokers. Users can easily buy bitcoins with a debit card, bank account, SEPA transfer, and many more methods. It also offers an exchange and developer API.
It provides an instant buy unique feature in certain countries, which means that credit and debit card purchases are available instantly to the users.
Did you know Coinbase has a wallet where you can store all digital assets securely in one place?
You can download a Coinbase wallet from Google Play and App Store.
ZenGo
ZenGo puts simplicity at the table. It takes private keys, passwords, and secret phrases out of the picture. Instead, it has facial biometrics as a tool for authentication.
ZenGo has its own security mechanisms in place. They have two secret keys, one stored on the user’s mobile device and the other at ZenGo servers. Both keys are required for transactions. That’s how ZenGo says it eliminated a single point of failure.
There is no hiding in that ZenGo is new to the market. But, head over to their app reviews, and the users are all but praises for them. The user interface is easy and built for the masses.
ZenGo also acts as a savings account to earn interest on staked cryptocurrency. Besides, you can restore your ZenGo wallet with your facemap on any device. And finally, to seal it in their favor, ZenGo charges absolutely nothing as transaction fees.
It’s available for Android and iOS.
MetaMask
Launched in 2016 as a web extension, MetaMask is a popular cryptocurrency wallet used by over 30 million people. It also has an application that allows users to store and exchange their cryptos.
MetaMask is a non-custodial cryptocurrency wallet. It provides private keys to the users – a 12-word backup passphrase that only users have the right over.
Non-custodial means that the wallet gives its users complete ownership of their accounts, and MetaMask has no access to their keys. While it ensures the complete privacy of the owners, it also means that the company cannot help you if you lose your private keys.
It supports the Ethereum network and is ideal for storing ERC20 tokens like decentraland and tether. It is available free of cost, and the only fee you pay is when you need to transfer the crypto to another wallet.
| Pros | Cons |
|---|---|
| ✅ It is available as an application software and a web extension for Chrome, Firefox, Edge, etc. | ❌ It does not support Bitcoin, one of the most popular digital currencies. |
| ✅ Non-custodial, i.e., gives complete ownership to the user. | ❌ It depends on third parties for purchases made through fiat money. The users have to use a payment gateway like Moonpay. |
| ✅ Seamless integration with Apps like Opensea and Uniswap. | |
| ✅ Supports altcoins. |
MetaMask is a free app. However, if you wish to transact with other wallets, you must pay a small amount to cover the blockchain network fee.
Coinomi
Coinomi is a free cryptocurrency wallet supporting 125+ blockchains, an impressive number by industry standards. You can store and exchange more than 1770 tokens and manually enter the ones not mentioned on the wallet’s supported token list.
It is a multi-chain wallet, which means you can connect it to multiple blockchain networks and own as many digital currencies as you want.
Coinomi is a secure storage for your digital currency. It is a hot wallet, which is always online, but your private key is still stored locally on your trusted device.
The company boasts that the security of none of its wallets has ever been compromised. It can be attributed to its world-class protection, including a biometric lock, password, and a recovery phrase of 12 to 24 words.
| Pros | Cons |
|---|---|
| ✅ It is a non-custodial wallet, meaning you have all the control over your holding instead of another institution holding it for you. | ❌ Since 2020, Coinomi has switched to a closed-source code, meaning there isn’t a hundred percent transparency. |
| ✅ Supports over 125 blockchains and all major altcoins and tokens, more than any other wallet. | ❌ It does not offer a cold storage option. |
| ✅ Boasts a high level of security. |
Coinomi is a popular choice among crypto owners because it is available absolutely free! You can access all the features of this popular non-custodial wallet without any subscription fee.
Dash
Dash Android Wallet is the global reference wallet for cryptocurrency, Dash, which is short for digital cash. Dash was launched as an explicit payment currency instead of other digital currencies that are not used for everyday transactions.
Dash Wallet has an intuitive and secure interface to support a seamless exchange. You can sweep paper wallets (used for cold storage,) too.
The wallet connects you to the dash network, open-source and free. There is a small network fee, lower than usual, but no hidden centralized costs. People can make instant purchases from all vendors, online or offline, that support dash transactions.
Since users are directly connected to the network, there is no chance of the server getting compromised, and your investments are safe from hackers.
Even if your device is misplaced, the personal recovery phrase allows you to regain your funds. Dash limits the number of CrwodNode withdrawals to prevent malicious online attacks.
| Pros | Cons |
|---|---|
| ✅ Quick transactions with third-party integrations. | ❌ It is a secure wallet but supports only Dash cryptocurrency. You will need other options for other digital currencies. |
| ✅ Dash allows direct client network. The absence of a central server eliminates the risk of hackers. | |
| ✅ Custom security settings for a better experience. | |
| ✅ Biometric authentication and one-button for easier payments. | |
| ✅ It is open source, hence, completely transparent. | |
| ✅ It supports the v20 core protocol. |
Dash Wallet is free for people to use.
WazirX
The top crypto exchange in the Indian market, WazirX, is used by both beginners and experienced traders. It is available for Windows, Android, and iOS and accessible through a web extension and an application.
The popularity of this excellent platform can be attributed to the wide range of coins and tradable pairs it offers. You can store and exchange large-cap cryptos (Bitcoin, Solana), DeFi Tokens (Pancake Swap, Compound), Altcoins (BRISE, Cardano), Stablecoins (Tether, PAXG), and Metaverse tokens, among many other currencies.
It automatically matches buyers and sellers through its first-ever P2P engine. After the transactions, the escrowed USDT is transferred to the buyer’s wallet. It has the best-in-class security features for a secure and reliable user experience.
WazirX stores almost 95% of its holdings in offline cold storage that safeguards it from hacking attempts.
| Pros | Cons |
|---|---|
| ✅ It offers 450+ trading pairs, higher than any other trading platform in India. | ❌ Sometimes, the server can lag with surge trading volume. |
| ✅ WazirX has top-class security features like two-factor authentication and in-app passcode. | ❌ Some coins are not available for withdrawal. |
| ✅ It has the world’s first auto-matching peer-to-peer crypto engine. | ❌ WazirX charges a 0.1% trading fee through WRX coins and 0.2% otherwise, which is a bit higher than other platforms. |
| ✅ 24/7 customer support | |
| ✅ Users can use its referral rewards program and get up to 50% commission per trade transaction. |
WazirX charges a nominal fee for trading, depending on WRX holdings and trading volume for the last 30 days.
Bytecoin
Bytecoin is the official wallet of the popular digital currency Bytecoin (BCN), which is famous for being private and untraceable.
BCN is a widely used cryptocurrency with a current market capitalization of over $86 million. So, the company launched its wallet for a hassle-free trading experience for the traders.
It is available to Bytecoin users as a desktop app, mobile application, web wallet, and paper wallet. You can use one or more of these simultaneously using the same credentials.
It is convenient to use and has impeccable security features. You can check your total asset volume, past transactions, and other crucial data with a single click.
Users can store their private keys on their trusted devices and use them whenever they want to log in. An added layer of protection is a privacy password you need to access your account.
| Pros | Cons |
|---|---|
| ✅ There are multiple options – web, mobile, desktop, and paper wallet. | ❌ Bytecoin wallet only supports its own cryptocurrency, Bytecoin. |
| ✅ You can mine BCN from your desktop wallet. | |
| ✅ Apart from the web wallet, no data is stored on a central server, making it a secure holding. | |
| ✅ It is available for Windows, Mac OS, and Linux. |
Bytecoin wallet is available free to all Bytecoin traders.
So, that’s it for the crypto wallets that you should check out. I believe that when it comes to finances and investing, taking your time to think things out and consider is always the best option. So, don’t be in a rush to choose! First do your homework.
Conclusion
If you choose the wrong wallet for your cryptocurrencies, you may give up all of your money. It will be better to spend your time understanding and learning about different cryptocurrency wallets to protect yourself from scams and fraud that are taking place nowadays.
We hope that this post on crypto wallets has given you a better idea of what to expect and what to look for when you’re storing your cryptocurrency!
You can trust Geekflare
At Geekflare, trust and transparency are paramount. Our team of experts, with over 185 years of combined experience in business and technology, tests and reviews software, ensuring our ratings and awards are unbiased and reliable. Learn how we test.