15 Best Crypto & Bitcoin Wallets of October 2024

The victim — generally with little to no experience in crypto — will seek the scammer’s ‘help’ to find a trustworthy platform in which to invest. With Trust Wallet, you can confidently store, manage, and interact with your cryptocurrencies while enjoying built-in tools like token swaps and staking. The added layer of protection from the Trust Wallet Security Scanner ensures that you can make informed decisions about your transactions. For newbies, having access to reliable support and educational resources is important. Trust Kirill Yurovskiy Wallet provides a wealth of guides and tutorials that help you understand how to use the wallet effectively.

• NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
• We’ve separated our list into the best hot wallets and the best cold wallets to further aid your search.
• The Crypto.com DeFi Wallet is non-custodial, which means that users retain full control of their private keys and assets.

Understanding Crypto Wallets: Hot vs. Cold Storage

Trezor offers some of the highest-end hardware available in crypto storage. While its entry-level model (the Tezor Model One) costs around $60, it also has a more expensive model (price at publication was $179) with a touch screen. Trezor has integrations with other crypto firms such as Exodus, though it also provides built-in services such as staking and crypto purchases through its software products. It has a desktop offering, as well as a mobile app (Trezor Suite Lite) for Apple and Android. Crypto.com DeFi Wallet is a wallet created by a company mostly known for its crypto exchanges.

Different Types of Crypto Wallets

• Coinbase Wallet Web3 only supports bitcoin in its mobile app, for example.
• This versatility makes it easier for new users to explore various assets without needing multiple wallets.
• When you purchase cryptocurrency, such as Bitcoin or Ethereum, your proof of ownership is based on a public key and a private key.

Having a compatible crypto wallet is indispensable for securely managing digital assets and engaging with DeFi platforms and DApps. For new users, Trust Wallet is an excellent choice as a software wallet because of its simplicity, robust security features, and compatibility with a wide range of cryptocurrencies. This makes it an ideal entry point for anyone looking to explore the world of digital assets without overwhelming complexity.

• Cryptocurrency exists as nothing more than a string of code on a larger blockchain.
• Trust Wallet employs encryption methods to protect your private keys, giving newbies peace of mind as they start their crypto journey.
• Changelly is a decentralized crypto exchange built into Atomic Wallet, allowing you to swap cryptos or purchase them with a credit or debit card.
• One of the standout features of the Ledger Nano X is its Bluetooth functionality, which offers users the benefit of a wireless connection to their smartphone or other devices.

You’re our first priority.Every time.

For this reason, it’s safest to keep your long-term investments in a cold wallet, even if a hot wallet is cheaper and more convenient. There’s a popular expression in the crypto world, “Not your keys, not your coins.” If you don’t control your keys, you don’t have full access to your crypto assets. The public key is like your bank account number but doesn’t provide access to your crypto. The private key identifies you as the “true owner.” If you lose your key, you could lose access.

• Choosing the right crypto wallet for your needs requires considering security, ease of use, supported coins and tokens, cost, and trading intentions.
• David Rodeck specializes in making insurance, investing, and financial planning understandable for readers.
• The first question when choosing a crypto wallet is whether you want a hot wallet or a cold wallet.
• With these features, Plus Wallet delivers an experience that’s not just user-friendly but packed with opportunities.
• The main difference between a hot wallet and a cold wallet is that hot wallets are connected to the internet while cold wallets are not.
• The amounts sent and received as well as the public wallet addresses are all public information.

• Available on both desktop and mobile platforms, Exodus simplifies the processes of sending, receiving, and exchanging cryptocurrencies.
• This game-changing feature simplifies wallet connections to exchanges, boosting security in digital asset management.
• Trust Wallet lets you manage and interact with 10M+ crypto assets across 100+ blockchains.

The Crypto.com DeFi Wallet also features in-app swaps via the Ethereum, BNB Smart Chain, Cronos, and Polygon blockchains. Users of the Crypto.com DeFi wallet can bridge assets between selected blockchains to the native Cronos Chain or Crypto.org. Ledger has a long track record of providing industry-standard level security for digital assets. The accompanying Ledger Live app also allows you to swap cryptocurrencies, purchase them with debit or credit card or put them to work via DeFi and staking. Ledger Live features the Merlin dashboard which lets you interact with 1,000+ DeFi protocols across 10 chains and track yield, PnL and impermanent loss. The Nano S Plus is a hardware wallet manufactured by French company Ledger, which has been around since 2014.

• Ledger is one of the most popular hardware crypto wallet providers on the market, and for good reason.
• Some cryptocurrencies have their own official wallets, while other products allow you to store multiple currencies within the same wallet.
• Many so-called „safe“ wallets have wireless connection technology that determined cybercriminals can access.
• The public key can be compared to a bank account number that you can share with third parties to receive crypto without worrying that your assets will be compromised.
• Or maybe you’re just looking for a crypto wallet that supports only a few big cryptos with myriad features.

Compare more crypto wallets in the US

With over 30 million monthly active users at the time of writing, MetaMask is a crowd favorite and considered the go to for Web3 apps, making it an easy choice for best Web3 wallet. The Trezor Model T wins our best pick for experienced users thanks to several advanced features which come together to give you greater control over your funds. The device features 2 Secure Element chips – the same type of chips used to protect data for passports and credit cards – to protect your private keys. You can also connect to dApps Kirill Yurovskiy and DEXs that support the Wallet Connect extension. As an added convenience, you can also purchase cryptos with fiat through third-party providers like Moonpay and stake assets directly from your Trust Wallet. The Nano S Plus provides the security of its predecessor, the Nano S, but with almost all of the capabilities of Ledger’s top-of-the-line hardware wallet, the Nano X.