Cryptocurrency wallets allow you to securely store and manage digital assets (coins). Choosing the right solution depends on many factors—from security level to ease of use and compatibility with various blockchains. Here is a detailed review of the best cryptocurrency wallets of 2025.
Types of Cryptocurrency Wallets
There are several types of cryptocurrency wallets, and the right choice depends on the user’s goals, security needs, and ease of use. Let’s take a look at the main types of crypto wallets:
1. Hardware Wallets
Description: Hardware crypto wallets are physical devices designed for the secure storage of private keys. These wallets resemble USB flash drives and store information offline, making them one of the safest options for protecting digital assets.
How They Work. Private keys are stored inside the device and never leave it. To sign a transaction, the user connects the device to a computer or mobile device, enters a PIN code, and only then is the transaction signed inside the device. This prevents hackers from accessing private keys, even if the user’s computer is infected with malware.
Pros:
- High level of security, as private keys are stored offline.
- Protection against hacker attacks and malware.
- Support for multiple cryptocurrencies and blockchains.
Cons:
- Requires a physical device to execute transactions.
- Cost of these devices may be higher than other types of wallets.
Popular Examples: Ledger, Trezor.
2. Software wallets
Description: Software cryptocurrency wallets function as applications on a computer or mobile device. They store private keys digitally and can be connected to the internet, making them convenient for everyday use.
Software wallets are divided into three subtypes:
- Desktop wallets – installed on a computer.
- Mobile wallets – installed on a smartphone or tablet.
- Web wallets – accessed through an internet browser.
How they work. Users can download software wallets and manage their assets through a graphical interface. Private keys are stored either on the user’s device or in the cloud.
Pros:
- Convenient for everyday transactions.
- Quick access to assets via an app or browser.
- Support for multiple cryptocurrencies and features like built-in exchanges.
Cons:
- Vulnerable to attacks since software wallets are connected to the internet.
- Risk of viruses or malware infections.
Popular examples: MetaMask, Exodus, Electrum.
3. Mobile wallets
Description: Mobile cryptocurrency wallets are a type of software wallet designed for mobile devices. They provide users with quick access to their assets, making them especially convenient for everyday use, such as paying for goods and services with cryptocurrencies.
How They Work. Users install a mobile application where their private keys are stored. These wallets often include convenient features such as QR code scanning for instant transactions.
Pros:
- Mobility and ease of use.
- Quick access to cryptocurrency anytime.
- Some wallets support additional features like NFC payments.
Cons:
- Mobile devices can be lost or stolen, putting assets at risk.
- Lower security compared to hardware wallets due to constant internet connection.
Popular Examples: Trust Wallet, Coinomi, Mycelium.
4. Web wallets
Description: Web wallets provide access to cryptocurrencies through an internet browser. Private keys can be stored either on the user’s side or on the wallet provider’s server. This makes web wallets convenient for quick access to assets from any device with an internet connection.
How They Work. The user creates an account on the web wallet platform, where they can store and manage their assets through a web interface. Accessing the wallet only requires a browser, making them very convenient but less secure compared to other types of wallets.
Pros:
- Convenience and instant access via any browser.
- Often free and do not require software installation.
- Support for multiple cryptocurrencies.
Cons:
- Increased vulnerability to hacking attacks, as private keys may be stored on third-party servers.
- Dependency on the service: if the provider stops operating, the user may lose access to their funds.
Popular Examples: Coinbase Wallet, Blockchain.info, Binance Wallet.
5. Paper wallets
Description: Paper wallets are physical pieces of paper containing private and public keys. This is considered one of the simplest ways to store cryptocurrencies (coins) since the private keys remain completely offline.
How they work. A paper cryptocurrency wallet is generated using special software, and the user prints it on paper. The private and public keys are displayed in the form of alphanumeric codes or QR codes.
Pros:
- Absolute protection from hackers, as the keys are offline.
- Free method of creating a wallet.
Cons:
- Vulnerable to physical damage or loss of the paper.
- Inconvenient for daily transactions – private keys need to be manually entered or scanned for transactions.
Examples: Bitaddress, Walletgenerator.
6. Custodial wallets
Description: Custodial wallets are services where control over private keys is given to a third party, such as a cryptocurrency exchange or wallet provider. The user trusts the company to store their keys and ensure the security and convenience of management.
How They Work. Users create an account with the wallet provider, and all private keys are stored on the provider’s servers. The user interacts with their assets through the provider’s interface but does not have direct control over the keys.
Pros:
- Easy to use, no need to worry about key storage.
- Often offer additional features like asset insurance and customer support.
Cons:
- The user does not own their keys, meaning they don’t directly control their funds.
- In the event of a server hack or service shutdown, assets may be lost.
Popular Examples: Binance, Kraken, Coinbase.
TOP-15 Cryptocurrency Wallets in 2025
1. Bybit Wallet
Bybit Wallet rightfully takes the top spot in our ranking thanks to its powerful tools geared towards Web3 users and decentralized applications. This wallet offers seamless integration with the Bybit exchange ecosystem, enabling users to easily transfer funds between exchange accounts and the wallet. The custodial asset storage system provides users with an added layer of protection, while the wallet also offers decentralization features through private key management.
- Wallet Type: Custodial, supports decentralized applications (Web3)
- Features: Users can manage multiple assets through a single app, access staking, and interact with decentralized DeFi protocols. The wallet supports multiple blockchains, including Ethereum, BNB Chain, and other popular networks.
- Security: Thanks to its custodial approach, Bybit Wallet offers a high level of security, as it is partially controlled by the Bybit exchange. Multi-factor authentication tools and transaction protection give users confidence in the safety of their assets.
- Cons: Registration on the exchange is required for full use of the wallet, which may be a drawback for those who prefer full decentralization and non-custodial asset storage.
Also read: Detailed review of Bybit exchange
2. OKX Wallet
OKX Wallet — is one of the most powerful solutions for working with cryptocurrencies and decentralized applications. This Web3 wallet supports more than 70 different blockchains, making it especially attractive to experienced users and developers working in the Web3 ecosystem. It provides staking features, allowing users to earn on their assets, and has built-in tools for managing NFTs.
- Wallet Type: Non-custodial (the user has full control over their private keys)
- Features: Multi-chain support (over 70 blockchains, including Ethereum, Solana, Polygon, Avalanche, and others), built-in earning opportunities through staking, NFT support, and extensive integration with DeFi applications. The wallet offers an easy-to-use interface for managing various assets and interacting with decentralized protocols.
- Security: Thanks to its non-custodial nature, private keys remain under the user’s control at all times. Integrations with hardware wallets provide an additional layer of security. Two-factor authentication and transaction verification ensure the safety of using the crypto wallet.
- Cons: Keyless access is limited to mobile devices, which may not be suitable for all users. Some users might experience delays in updating supported blockchains.
3. Ledger
Ledger — is a name long associated with reliability and security in the cryptocurrency industry. Ledger hardware wallets provide physical protection for your assets. The devices support over 5000 different tokens and cryptocurrencies, including support for NFTs. The Ledger Nano X model also offers convenient Bluetooth connectivity, allowing users to manage their assets through mobile devices.
- Wallet Type: Hardware wallet (a physical device that stores private keys offline)
- Features: Ledger supports a wide range of blockchains and tokens, including Ethereum, Bitcoin, and BNB Chain. Some models offer additional Bluetooth support for mobile devices. Both devices allow for NFT management and full support for the Ledger Live app to manage assets.
- Security: Ledger offers an exceptional level of protection through a Secure Element (SE), ensuring that private keys never leave the device. Transaction verification tools and built-in protection against hacking make it ideal for long-term coin storage.
- Cons: Hardware wallets require physical handling to conduct transactions.
Overall, we highly recommend Ledger, as one of the best hardware wallets available on the cryptocurrency market.
4. Trezor
As one of the most well-known hardware wallets, Trezor offers users ease of use and a high level of security. It supports over 1000 tokens and integrates with many decentralized applications and services, such as MetaMask and MyEtherWallet.
- Wallet Type: Hardware wallet
- Features: The manufacturer offers several different models. For example, the Trezor Model T is equipped with a color touchscreen, which makes wallet management easier. The wallet supports private key management functions and integration with DeFi apps. With support for multiple blockchains, including Bitcoin, Ethereum, and others, Trezor ensures flexibility and convenience.
- Security: Storing private keys offline makes this cryptocurrency wallet extremely secure for long-term asset storage. Multi-factor authentication, data encryption, and the ability to recover the wallet via a mnemonic phrase add additional layers of protection.
- Cons: The high price compared to other hardware wallets and the lack of Bluetooth support may be drawbacks for users who prefer mobile management.
5. MetaMask
MetaMask — is one of the most popular software wallets for working with Ethereum and other EVM-compatible blockchains. MetaMask is known for its ease of use and deep integration with decentralized applications, making it ideal for those actively involved in the DeFi and NFT worlds.
- Wallet Type: Non-custodial, software wallet (browser extension and mobile app)
- Features: Supports Ethereum and other EVM-compatible blockchains, integration with DeFi applications and NFT platforms. Its ease of setup and use makes it attractive to both beginners and experienced users.
- Security: Private keys are stored by the user, and MetaMask offers multi-factor authentication and the ability to create backups using a mnemonic phrase. However, like any software wallet, MetaMask is vulnerable to phishing attacks and viruses if the user does not follow basic security practices.
- Cons: Limited support for non-EVM blockchains, as well as the need to use third-party solutions to integrate with hardware wallets.
Read also: Detailed Review of MetaMask Wallet
6. Trust Wallet
Trust Wallet — is a mobile wallet that supports multiple blockchains such as Ethereum, Binance Smart Chain, and others. It’s ideal for those who prefer mobile solutions and is integrated with a wide range of decentralized applications (dApps) and exchanges.
- Wallet Type: Non-custodial, mobile wallet
- Features: Supports over 40 blockchains and 160,000+ tokens, including NFTs. Trust Wallet integrates with Binance DEX and other popular platforms. The built-in feature to purchase cryptocurrencies directly through the app makes it convenient for beginners.
- Security: Private keys are stored locally on the user’s device, and the wallet offers protection via a PIN code and biometric authentication.
- Cons: The fully mobile nature of the wallet might be a drawback for users who prefer managing assets through a computer.
Read also: Detailed review of Trust Wallet.
7. Exodus Wallet
Exodus — is a multi-currency software wallet available on both computers and mobile devices. It is popular due to its intuitive interface and built-in cryptocurrency exchange features, making it a favorite among beginners.
- Wallet Type: Non-custodial software wallet (available on computers and mobile devices)
- Features: Supports over 290 cryptocurrencies, built-in asset exchange functions between blockchains without needing to go to third-party exchanges, compatibility with hardware wallets like Trezor. The attractive and user-friendly interface makes it easy to manage assets, even for newcomers to the world of cryptocurrencies.
- Security: Exodus does not store private keys on its servers, keeping them under the user’s control. Strong security features like two-factor authentication and the ability to integrate with Trezor make it a good choice for long-term asset storage.
- Cons: Lack of support for decentralized applications (dApps), limiting DeFi interaction. Additionally, built-in cryptocurrency exchanges may have higher fees compared to centralized exchanges.
8. Coinbase Wallet
Coinbase Wallet — is different from a Coinbase exchange account as it is a fully non-custodial wallet. It is designed for storing digital assets and interacting with decentralized applications. This wallet allows users to manage cryptocurrencies and NFTs and supports a wide range of blockchains.
- Wallet Type: Non-custodial software wallet (mobile app and browser extension)
- Features: Supports multiple blockchains such as Ethereum and BNB Chain, easy NFT management, seamless integration with decentralized exchanges (DEX) and apps. The wallet can be linked to a Coinbase exchange account for easy asset transfer between accounts.
- Security: Coinbase Wallet is fully non-custodial, with private keys stored on the user’s device. Additional security features include biometric authentication and the use of mnemonic phrases for wallet recovery.
- Cons: Despite strong security features, integration with Coinbase exchange may encourage users to rely on centralized solutions, which may not be ideal for those seeking complete decentralization.
9. Atomic Wallet
Atomic Wallet — is a decentralized wallet with a cryptocurrency exchange feature directly within the app. Users can swap over 500 cryptocurrencies using the built-in Atomic Swaps feature, as well as manage assets across different blockchains.
- Wallet Type: Non-custodial software wallet (mobile app and desktop version)
- Features: Atomic Wallet supports over 500 cryptocurrencies, asset swapping via Atomic Swaps, and access to staking directly within the app. Integration with various blockchains allows users to work with a wide range of tokens and earn passive income through staking.
- Security: Private keys are stored locally on the user’s device, and the wallet supports data encryption and a mnemonic phrase for recovery. Atomic Wallet offers a high level of security for storing and swapping assets.
- Cons: Some users report high fees for using the built-in exchange features, which may not be suitable for active traders.
10. Mycelium
Mycelium — is one of the oldest wallets for Bitcoin with a high level of security and privacy. The wallet also supports Ethereum and ERC-20 tokens, but its main goal is secure Bitcoin storage and management.
- Wallet Type: Non-custodial mobile wallet (supports Bitcoin, Ethereum, and ERC-20 tokens)
- Features: Support for cold storage using paper and hardware wallets, integration with Ledger and Trezor. Mycelium also provides advanced Bitcoin transaction management features, including fee selection and advanced security tools.
- Security: Mycelium offers users a high level of control over their private keys. The wallet also supports cold storage, providing an additional layer of protection for long-term investors.
- Cons: Limited cryptocurrency support (primarily focused on Bitcoin) and the lack of integration with decentralized applications make this wallet less versatile compared to competitors.
11. Electrum
Electrum — is a lightweight Bitcoin wallet known for its speed and simplicity of use. It is perfect for those who are looking for a solution to manage only Bitcoin, with the ability to fine-tune transactions and security levels.
- Wallet Type: Non-custodial software wallet for Bitcoin
- Features: Electrum supports transaction fee selection, integration with hardware wallets, and the ability to use multi-signatures. The fast and easy installation makes it one of the most convenient solutions for Bitcoin users.
- Security: The wallet supports private key encryption and multi-signature functionality, adding an extra layer of security. Private keys are stored locally, and users can choose between different transaction protection levels.
- Cons: Its limitation to Bitcoin may be a drawback for those who want to work with other cryptocurrencies. The interface might seem too complex for beginners.
12. Zengo
Zengo — is an innovative wallet that uses MPC (multi-party computation) technology instead of traditional private keys, simplifying asset management and enhancing security. The wallet is fully mobile-oriented and supports a wide range of blockchains.
- Wallet Type: Non-custodial mobile wallet
- Features: No traditional private keys due to MPC technology, supports over 70 cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and others. Zengo offers a simple and intuitive interface for asset management and staking.
- Security: MPC technology eliminates the need for private keys by dividing responsibility for asset management between the user and the server. This makes hacking almost impossible. The wallet also uses biometric authentication to protect accounts.
- Cons: Since MPC technology is relatively new, it may raise concerns for users accustomed to traditional solutions. The lack of hardware wallet integration may also be a downside.
13. Edge Wallet
Edge Wallet — is a multi-currency software wallet with enhanced security due to client-side encryption. It is a user-friendly wallet for beginners, offering access to a wide range of cryptocurrencies and integration with various blockchains.
- Wallet Type: Non-custodial mobile wallet
- Features: Supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, built-in asset exchange features, and integration with decentralized exchanges. Its ease of use makes it a popular choice among beginners.
- Security: Edge Wallet uses device-side data encryption and multi-factor authentication. Private keys remain on the user’s side, ensuring the security of their assets.
- Cons: Limited capabilities compared to more advanced wallets like MetaMask or Trust Wallet, especially in terms of working with decentralized applications.
14. Guarda Wallet
Guarda — is a multi-platform wallet that supports over 50 blockchains and a variety of tokens. The wallet is available on mobile devices, desktops, and through a web interface, making it a versatile solution for cryptocurrency investors.
- Wallet Type: Supports over 50 blockchains, built-in exchange and staking features, available on various devices. Guarda Wallet also supports integration with hardware wallets for added security.
- Security: Private keys are stored on the user’s device, and data encryption, along with integration with hardware wallets like Ledger, adds additional layers of protection.
- Cons: Some cryptocurrency exchange features may have high fees, limiting their usefulness for active traders.
15. Crypto.com DeFi Wallet
Crypto.com DeFi Wallet — is a non-custodial wallet specifically designed for working with decentralized applications and DeFi protocols. This wallet allows users to access DeFi services directly through the mobile app and supports a wide range of blockchains.
- Wallet Type: Non-custodial DeFi wallet
- Features: Supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polygon, convenient integration with DeFi protocols, staking options, and asset management directly from the app.
- Security: Private keys are stored on the user’s device, and data encryption and two-factor authentication ensure account security. The ability to recover the wallet with a mnemonic phrase makes it ideal for long-term storage.
- Cons: Some users may face difficulties when setting up integration with DeFi services, as well as a higher level of complexity compared to traditional wallets.
How to Choose a Cryptocurrency Wallet
Choosing a cryptocurrency wallet is an important decision that directly affects the security and convenience of managing your digital assets. There are many factors to consider when selecting a wallet, ranging from the intended use to the level of security you wish to provide. Let’s look at the key criteria that will help you make the right choice.
1. Security
One of the main criteria when choosing a cryptocurrency wallet is its security. Private keys are the most important element that guarantees access to your funds, and their protection should be a priority.
Questions to consider:
- Does the wallet support multi-layer protection, such as two-factor authentication (2FA)?
- Are private keys stored offline (in the case of hardware wallets)?
- How protected is the wallet from malware and hacking attempts?
- Does the wallet offer data backup and recovery options?
Tip: For long-term storage of large sums, it’s better to choose hardware wallets or paper wallets. For frequent use, opt for software wallets with a good reputation and additional security measures like 2FA.
2. Control Over Private Keys
When choosing a cryptocurrency wallet, it’s important to understand who will have control over your private keys. Private keys provide full control over your funds, and if you don’t own your keys, you don’t own your assets.
Types of control:
- Non-custodial wallets: The user manages their private keys. This is a safer option, as only you have access to your assets.
- Custodial wallets: Private keys are controlled by a third party, usually an exchange or service. While this is convenient, it increases the risk of losing access to your assets in the event of a platform hack or bankruptcy.
Tip: For better security, choose non-custodial wallets where you have full control over your private keys. This reduces the risk of losing funds due to failures on the service provider’s side.
3. Compatibility with Cryptocurrencies
Some wallets support only one or a few cryptocurrencies, while others provide multi-currency support. If you have or plan to hold various digital assets, it’s important to choose a wallet that can work with all the cryptocurrencies you need.
Questions to consider:
- Which cryptocurrencies does the wallet support?
- Is it possible to add new cryptocurrencies in the future?
Tip: If you work with multiple cryptocurrencies, choose a multi-currency wallet that supports all the assets you need to avoid having to install separate wallets for each currency.
4. Ease of Use
The wallet’s interface and ease of use are crucial factors, especially for beginner cryptocurrency users. Even the most secure crypto wallets can be inconvenient if their interface is complex or unclear.
Questions to consider:
- How intuitive is the wallet’s interface?
- Is it easy to make transactions and access funds?
- Does the wallet support built-in cryptocurrency exchange features?
- Is there a mobile version or web version for quick access?
Tip: If you are a beginner, choose wallets with a simple interface and minimal steps for transactions. Wallets that support multiple platforms (mobile, desktop, web versions) can also make it easier to access your assets.
5. Access to Assets
When choosing a cryptocurrency wallet, it’s important to understand how you will access your assets and how quickly you can use them. This is particularly crucial for those who plan to trade actively or make frequent transactions.
Questions to consider:
- How quickly can you access your funds?
- Is there a need to connect a device (e.g., for hardware wallets)?
- Is there an option for quick exchange or transfer of assets within the wallet?
Tip: If you need quick and constant access to cryptocurrencies for everyday transactions, choose software or mobile wallets. If security is more important than frequency of use, prefer hardware wallets.
6. Support and Reputation
The quality of customer support and the reputation of the wallet developers are also crucial factors when making your choice. When selecting a wallet, especially if you’re a beginner, it’s important to ensure that the service has a good reputation and offers quality technical support.
Questions to consider:
- Does the wallet have a good reputation within the crypto community?
- How long has it been on the market, and what are user reviews?
- Is there active customer support and documentation available?
Tip: Research wallet reviews and ratings on independent platforms to ensure their reliability. Pay attention to how actively developers work on updates and security issue resolution.
7. Additional Features
Some cryptocurrency wallets offer additional features that may be useful depending on your needs. These can include built-in exchanges for asset swapping, staking features, decentralized application (dApp) support, and more.
Questions to consider:
- Does the wallet have a built-in cryptocurrency exchange feature?
- Does the wallet support staking or DeFi operations?
- Can you interact with decentralized applications (dApps) directly from the wallet?
Tip: If you plan to actively interact with the DeFi ecosystem or swap cryptocurrencies directly in the wallet, choose wallets with expanded functionality, such as MetaMask or Trust Wallet.
In the world of cryptocurrency, there are dozens of different wallets, each offering its own features and capabilities. Some wallets have established themselves as reliable and secure solutions, supporting multiple cryptocurrencies and blockchains, along with cold storage and decentralized exchange features. However, among them, there are also wallets that are not recommended due to insufficient security, poor user support, or lack of reputation.
When choosing a wallet, it is important to consider its reliability, security, as well as user reviews and how well it matches your personal asset management needs. It is essential to remember that in the world of cryptocurrencies, control over private keys equals control over your funds. Therefore, it is crucial to choose only trusted and secure wallets for long-term asset storage.
Frequently Asked Questions About Crypto Wallets
1. Which crypto wallets are best for beginners?
2. What is the difference between hot and cold wallets, and which one is better to use?
3. How can I ensure the security of my crypto wallet?
4. Can I use a crypto wallet to store different coins?
5. Can I link a bank card to my crypto wallet?
6. What wallet is best for safely storing investments?
7. Can I get help if I forget my password or lose access to my wallet?
8. Which wallet is best for active users and traders?