Storing your private keys in one of the best crypto wallets on the market is the best way to keep your valuable assets safe and secure. Whether custodial or noncustodial, hot or cold, the best cryptocurrency wallets will help you to keep track of your assets, store your passkeys, access the blockchain and much more. We’ll walk you through the basics of crypto storage solutions and share some recommendations for the most secure and easy-to-use options on the market.
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Top 10 Crypto Wallets Compared
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What is a Cryptocurrency Wallet?
A cryptocurrency wallet is a physical or digital tool to store, manage, and transact with your cryptocurrencies securely. While your coins always remain on the blockchain as you buy, sell, trade and transact, your wallet holds the keys that grant you access to your assets. If you’re serious about crypto, finding the best crypto wallet is an essential step in the investment journey.
How Do Crypto Wallets Work?
Choosing the best crypto wallet for your needs is no simple task. In essence, you are picking the interface that will be responsible for keeping and safeguarding your assets. Let’s go over some of the key concepts that may help you to understand how different kinds of top crypto wallets function.
- Custodial and Non-Custodial determines who holds your keys.
- Hot and Cold determines whether your keys are stored online or offline.
- Hardware and Software determines the way in which your keys are stored.
Distinguishing between the above-mentioned types of wallets should help you to navigate your options. It is also important to remember that each wallet has two keys: a public key, which acts like your wallet address for receiving crypto, and a private key, which you keep secret, and use to authorize transactions. Your wallet uses these keys to securely sign and verify transactions when you send or receive crypto.
What are the Differences Between Hardware and Non-Hardware Wallets?
While hardware and non-hardware wallets differ in terms of security, convenience, and storage methods, each has its own set of advantages. These differences play a crucial role in how you manage and protect your cryptocurrencies.
Hardware wallets are physical devices, designed to store your private keys offline. They’re inherently more secure, minimizing the chances of hacking or malware attacks. They come with multiple layers of security, like pin protection, QR code verification, or biometric security, as well as recovery phrases if your device is stolen or destroyed. Non-hardware wallets, like software or mobile wallets, store your private keys online, or on your devices. They’re the easier (and typically cheaper) choice for smaller amounts of crypto. They can be split into two categories – hot wallets, which are always connected to the internet, and cold wallets, which are only connected when making transactions.
Top Crypto Wallets: Protect Your Assets With These Hardware Options
If you’re looking for the most secure choice, hardware wallets are it. We’ve compared the best names on the market and examined their key features to narrow down our favorites. Take a look at our choices for the top 5 crypto wallets in the hardware category.
1. The Best Crypto Wallet: Ledger Nano X
Ledger Nano X is the top hardware wallet on this list, allowing you to securely store and manage your crypto, NFTs, and keys. The Ledger Nano X is user-friendly, feature rich, and offers multiple levels of security, including a secure element chip, keeping your crypto safe from hackers and malware attacks.
It also has excellent backup capabilities, and supports over 5,500 different assets, offering incredible versatility. Bluetooth capability is a plus, allowing you to manage your crypto wirelessly on your favorite browser, or on the Ledger Live app, which is available for both Android and iOS devices.
- Flagship Ledger wallet with industrial-grade security with bluetooth
- Supports over 1300 crypto assets and tokens
- Supports all major desktop and mobile operating systems
- Connect to Ledger Live for staking, DeFi, NFTs and more
2. The Best Budget Crypto Wallet: Ledger Nano S Plus
The Ledger Nano S Plus is a fantastic choice if you need a more affordable option. You can store and manage your crypto, NFTs, and keys behind reliable security, including a secure chip. Like the Nano X, it supports over 5,500 different assets. The Ledger Live app makes it easy to access your crypto on the go, whether you’re using an Android or iOS device, or your favorite browser.
- Exceptional value for the price
- Huge improvement over original Nano S with better screen and more storage
- Install over 100 apps with support for thousands of assets
- Connect to Ledger Live for staking, DeFi, NFTs and more
- One of the most widely supported hardware wallets in crypto
3. The Best Alternative Option: Trezor Model-T
Trezor Model-T is an advanced hardware wallet that offers top-notch security and a user-friendly full-screen touchscreen interface. You can store and manage your crypto, NFTs, and keys with multiple layers of protection, including Shamir Backup. With support for thousands of assets, the Model-T is incredibly versatile. The Trezor Suite app is available for both Android and iOS devices, or you can use your favorite browser.
- Top-tier cryptocurrency wallet with impressive touchscreen
- Compatible with a number of software wallets
- Store cryptocurrency, passwords and other keys with ease
- Excellent customer support
4. Best Simple Design: Trezor One
Trezor One is reliable and straightforward, storing your crypto, NFTs, and keys behind solid security features. A smart chip protects your crypto, and the wallet supports over 1,000 different assets. The Trezor Suite app makes it easy to trade on the go on a browser, Windows, Android or iOS device.
- Affordable price
- Simple to use
- Supports over 1000 coins and tokens
- Trusted brand
5. The Best User-Friendly Hardware Wallet: The Ellipal Titan
Ellipal Titan is incredibly user-friendly and secure, and features a full-screen interface, allowing you to easily store and manage your crypto, NFTs, and keys. The Titan is air-gapped and uses QR codes for transactions. With support for a wide range of assets, the Ellipal Titan is perfect if you prize user-friendliness and security. The Ellipal app is available for both Android and iOS devices.
- Completely air-gapped hardware wallet
- Tamper proof and keys are never exposed to the internet
- Connects with the Ellipal app to easily send and receive crypto
- Up-and-coming company
How Hardware Wallets Work and Safeguard Your Cryptocurrency
Why do you need a cryptocurrency wallet? Well, almost all crypto exists on a public ledger, typically a blockchain.
Hardware wallets allow you to store private keys in an offline physical device which can be plugged into a computer or mobile device to make a quick transaction.
They also generate recovery seed phrases so you can recover your private keys should your wallet be lost, destroyed, or compromised. These phrases usually contain 12-24 random words that can be imported to a wallet to recover your funds. You can even buy metal crypto wallets that let you imprint or etch your recovery phrase, boosting security.
Of course, you’ll need to buy some crypto in your wallet, so check out our safest crypto exchange list.
Comparing the Best Non-Hardware Wallets for Everyday Use
Hardware wallets are considered the safest way to store your crypto, but they certainly aren’t the only option. There are plenty of desktop and mobile wallets that get solid reviews. They’re particularly good for keeping some cryptocurrencies for making transactions. Plus, they’re usually free!
Here’s a quick run-down of the top non-hardware crypto wallets.
| Non-hardware Wallet | Why this wallet? | Our Rating | Learn More |
|---|---|---|---|
| Exodus | Best Desktop wallet | 5/5 | Exodus Review |
| MetaMask | Best Browser wallet | 5/5 | MetaMask Review |
| Trust Wallet | Supports staking, NFT’s | 4/5 | Trust Wallet Review |
| Crypto.com | Best DeFi wallet | 4/5 | Crypto.com Review |
| Atomic Wallet | Great variety with 500+ tokens supported | 5/5 | Atomic Review |
| Guarda | Integrates with Ledger | 5/5 | Guarda Review |
| BRD | Best mobile wallet | 5/5 | BRD Review |
| Mycelium | Incredibly fast, easy to set up | 5/5 | Mycelium Review |
| Edge | Good option for those new to crypto | 4/5 | Edge Review |
| MyEtherWallet | Perfect for Ethereum users (and ERC-20 tokens) | 4/5 | MEW Review |
How to Choose Between Hardware and Software for the Best Crypto Wallet
As you have no doubt realized by now, there are plenty of options to choose from when it comes to comparing top crypto wallets. Aside from providing you with our recommendations for the most reliable, user-friendly and feature-rich solutions, we have summarized some key differences between the different types of storage solutions to simplify the decision-making process.
Hardware Wallets
Yes, they may cost a bit, but the pay-off is increased security, especially if you want to store a lot of crypto and don’t transact frequently. They’re often equipped with advanced security features like PIN protection, QR code, and/or biometric identification, and recovery phrases, so your crypto stay safe, even if the wallet is lost or stolen.
Software Wallets
Software wallets can be categorized into desktop wallets, which are installed on your computer, mobile wallets, accessible on mobile devices, and web wallets, which are browser-based. Like a hardware wallet they also store your private keys, but more conveniently, especially if you transact often. The trade-off though is that they’re more vulnerable to online threats, like hacking or malware, so it’s advisable to use them for smaller amounts of crypto. Popular options include Exodus, RockWallet, Argent, and Zengo.
- Mobile Wallets – Mobile wallets are very convenient and are considered more secure than desktop wallets, because smartphones are generally less prone to malware than personal computers. You might be in trouble if you lose your smartphone though, unless you’ve made backups of your recovery phrase or private keys. Products like Exodus Wallet have mobile and desktop versions.
- Web Wallets – Having a crypto wallet embedded into your internet browser might not sound very secure, but it’s arguably the best way to take part in DeFi (decentralized finance). Browser wallets like MetaMask, Crypto.com and Guarda let users swap, stake and more on sites like Uniswap or DYDX.
Let’s compare the benefits of Hardware vs. Software Wallets so you can decide which type fits your needs best:
| Feature | Hardware Wallets | Software Wallets |
|---|---|---|
| Storage | Physical devices for private keys. Offline storage | Digital applications that store private keys online or within an app |
| Security | Offline storage, making them highly secure and less likely to be hacked | Online storage, making them more vulnerable to hacking and malware attacks |
| Ease of Use | Requires physical interaction when transacting. Beginners may find them less intuitive to use | Generally more intuitive and user-friendly. Ideal for beginners |
| Cost | Typically, more expensive | Often free or low-cost |
| Transaction Frequency | More suited for long-term storage and less-frequent transactions | More suitable for frequent transactions and everyday use |
| Backup & Recovery | Can be backed up with a recovery phrase if the device is lost | Can also be backed up with a recovery phrase. Easier to recover if the software is compromised |
| User Interface | Typically, straightforward but requires physical interaction | User-friendly interfaces make access and management easier |
| Accessibility | Requires carrying the physical device and connecting it to a computer or smartphone | Easily accessible with internet connectivity |
Still not sure? Check out our What Kind of Cryptocurrency Wallet Should I Use? Guide for more in-depth guidance.
The Importance of Protecting Your Crypto With Secure Storage
In the wild world of cryptocurrency, keeping your assets safe is crucial. A secure wallet both shields your funds from theft and hacking, and ensures access to your investments. With the right security measures, you can trade and hold your assets without worrying about theft or hacking. Using a wallet to secure your passkeys, increases the security, control, and autonomy of your cryptocurrency investments.
Is a Hot or Cold Wallet the Best Crypto Wallet for You?
All the storage solutions that made our list feature top-class security features to keep your crypto safe. Choosing between hot and cold is a key step in keeping your crypto safe. The table below compares both options to help you find the right balance between security and convenience:
| Types of crypto wallet | Hot or Cold | Examples |
|---|---|---|
| Hardware | Cold | Ledger Nano X, Ledger Nano S Plus, KeepKey, Trezor T, Trezor One, Ellipal Titan |
| Software | Hot | Rock Wallet |
| Mobile | Hot | Argent, Zengo |
| Web | Hot | Bitget |
How Do the Major Platforms Really Compare?
We’ve tested the best cryptocurrency wallets on the market, but you may be wondering how they stack up. We did the hard work for you, comparing some of the most popular wallets based on factors like security, ease of use, features, cost and the other important points to consider when choosing a wallet.
Here’s a look at some of our more popular comparisons:
What to Consider When Selecting the Best Cryptocurrency Wallet
When it comes to choosing the right wallet, a few things may top the list, like ease-of-use, security, and multi-asset support. Here’s what to consider before making your purchase.
Security
Look for security features like hardware security modules (HSM), multi-signature support, air-gapping, and QR code or biometric authentication. The Ledger Nano X and Trezor Model T are known to be ironclad. The Ellipal Titan is air-gapped and has an anti-tamper self-destruct mechanism. Competitors include the SafePal S1, the NGRAVE Zero, and the Keystone 3 Pro.
User-Friendliness
Wallets like RockWallet and Argent are designed to be user-friendly and easy to use, while Metamask has a gateway to blockchain apps. Competitors to these wallets include imToken and Phantom.
Asset Support
Most wallets support a wide range of crypto types. For instance, the Ledger Nano X supports over 5,500 coins and tokens. The Bitget wallet offers support for over 100 mainnets and 250,000 tokens. Competitors to these wallets include the Trezor Safe 3, and the SafePal S1.
Compatibility
Most top crypto wallets offer support for numerous devices. Some hardware wallets, like the Trezor Model T offer USB-C connectivity. KeepKey is primarily desktop-focused, while others, like Zengo, offer mobile compatibility. Competitors to these wallets include the SafePal S1, and the CoolWallet Pro.
Additional Features
While not at the top of the priority list, additional features can make trading easier, quicker, and more convenient. The Ellipal Titan boasts a large touchscreen and offline signing capabilities. The Trezor Model T also features a touch screen. Competitors include NGRAVE Zero and the Keystone 3 Pro.
Price
Soft wallets, like Argent, are free to use with optional fees for advanced features, whereas MetaMask is also free, with optional fees for certain transactions. Hardware wallets like the Trezor One, and the Ledger Nano S Plus offer a good balance of affordability and features, without compromising on security. Others, like the more feature-rich Ledger Nano X may be pricier but offer more advanced features like Bluetooth capability. Competitors include the NGRAVE Zero, the SafePal S1, and the Tangem Wallet.
Support
Zengo Wallet offers 24/7 customer support with real agents, while the Ellipal Titan offers quick email support so help is at hand if you need it. MetaMask offers documentation-related and community-based support. Competitors include Coinbase Wallet and Binance.
Recovery and Backup
Ensure that the wallet offers solid backup and recovery options. Zengo uses MPC technology for secure backup and recovery. Competitors include the SafePal S1, the Keystone 3 Pro, the Coldcard Mk4, and the Cypherock X1.
Reputation
Research the wallet’s reputation in the market. Established brands like Ledger and Trezor are known for their reliability and security. Competitors to these brands like Binance are well established with a comprehensive suite of features. Other brands with great reputations include Gate.io, OKX, and Bybit.
Frequently Asked Questions
If security is your top priority, a hardware wallet is your best choice. They’re less susceptible to hacking and malware attacks than online (soft) wallets.
The top choices are the Ledger Nano X, Ledger Nano S Plus, Trezor Model T, KeepKey, and Ellipal Titan. They each offer stringent security features and support a wide range of cryptos.
We’ve found the Ledger Nano X to be the best choice overall. By combining high security with convenience (thanks to its Bluetooth capability) you can manage your crypto on the go from almost anywhere. Plus, it supports over 5500 different cryptocurrencies.
Choosing the right wallet is all about what will best fit your needs. If security is your top priority, get a hardware wallet. If, however, you need something for quick, everyday transactions, a soft wallet is possibly better. Other factors like user-friendliness, storage space and which cryptocurrencies you plan to store are all points to consider when making your choice.
Short answer? Yes! Many people use a hardware wallet (or wallets) along with software wallets to boost security. For example, you can use a hardware wallet to store your private keys, and a software wallet for managing transactions.
Look for advanced security features, user-friendliness, connectivity options, multi-asset support, and storage space. Other factors to consider are built-in exchanges, staking support, or integration with decentralized applications (dApps).
Use strong passwords, enable two-factor authentication, and keep your private keys and your recovery phrases in a safe place. In the case of hardware wallets, make sure you buy yours from a reputable supplier, and make you update your firmware regularly. Also, keep an eye open for phishing attempts.
CryptoVantage The Best Crypto Wallets to Store Your Assets in 2025
Last Updated Article: February 24, 2025 by
