15 Best Anonymous Crypto Wallets With No KYC in 2025

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Anonymous wallets are designed to protect protect your privacy and identity. They prevent intrusive verification and allow you to keep full control of your funds while reducing the risk of personal data misuse.

According to our analysis, the best anonymous crypto wallets in 2025 are Best Wallet, Exodus, Zengo, Ellipal, Ledger, and Trezor. We reviewed over 30 no-KYC crypto wallets from a user perspective, using a hands-on research methodology to select the top picks. This approach ensures our list of the best crypto wallets with no ID verification is unbiased and reliable.

Best Anonymous Crypto Wallets in 2025


Listed below are the leading anonymous crypto wallets for 2025:

Wallet Wallet Type Supported Cryptos Fees/Cost Best For
Best Wallet Non-custodial software wallet 1,000+ Varying network and third-party fees Overall best no-KYC, anonymous wallet
Exodus Non-custodial software wallet 300+ Varying network and third-party fees Multi-platform support
Margex Wallet Custodial software wallet 100+ Varying network and third-party fees Copy trading
Cypherock Hardware wallet 1,000+ $159 Multi-wallet management
Tangem Hardware wallet 1,000+ $54.90 to $160 Compact design
Zengo Non-custodial software wallet 120+ Varying network and third-party fees No seed phrase vulnerability
Ellipal Wallet Hardware wallet 10,000+ $99 to $169 Integrated DeFi and dApp access
Ledger Hardware wallet 5,500+ $79 to $149 User friendliness
Trezor Hardware wallet 1,600+ $59 to $169 Advanced backup options
Blockstream Jade Hardware wallet BTC and Liquid Network assets $64.99 Bitcoin HODLers
NGRAVE Hardware wallet 1,500+ $398 to $498 Advanced security
SecuX Hardware wallet 10,000+ $119 Touchscreen interface
BitBox02 Hardware wallet 1,500+ $149 Mobile compatibility
COLDCARD Hardware wallet BTC $157.94 PSBT native support
SafePal Hardware wallet 30,000+ $49.99 Affordability

Top Anonymous Crypto Wallets: Full Reviews


We’ll now review the best anonymous crypto wallets listed above. We cover everything you need to know about each wallet, such as security, privacy features, supported networks, and pricing.

1. Best Wallet – Overall Best Anonymous Crypto Wallet for 2025

Best Wallet is the best anonymous crypto wallet of 2025. You can use it without providing personal details like ID or email through features like alias-based wallet addresses, decentralized exchange (DEX) integration, and PIN or fingerprint security options.

best wallet website homepage

This multi-chain, non-custodial wallet supports over 1,000 assets across 50+ blockchains including Bitcoin, Ethereum, and Solana. Security features such as two-factor authentication and biometric security provide extra protection.

It also offers a native utility token, $BEST, that provides benefits like no gas fees and regular airdrop rewards for active users. Additional features include a presale dashboard for early access to promising crypto presales and real-time market sentiment analysis based on social media. While it lacks a browser extension, it’s highly functional on iOS and Android.

Best Wallet Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Over 1,000 cryptocurrencies across 50+ major blockchains, including Bitcoin, Ethereum, and Solana
  • Cost: Free to use, though network fees apply
  • Top Security Features: Two-factor authentication, biometric security (fingerprint), PIN protection, and end-to-end encryption

Pros

  • Self-custody wallet app offering complete privacy and anonymity
  • Security tools including a PIN, fingerprint ID, and two-factor authentication
  • No additional fees to swap tokens within the app
  • Supports more than 50 major blockchains and 1,000 tokens
  • User-friendly experience; suitable for beginners and experienced investors

Cons

  • Requires a KYC process for fiat money purchases
  • Isn’t available on desktop yet

2. Exodus – Best for Multi-Platform Support (Mobile, Desktop, Browser Extension)

Exodus maintains anonymity by being a non-custodial wallet, meaning you control your private keys and no KYC is required for setup or transactions. Your private keys and transaction data stay encrypted on your device, ensuring high privacy without involving third-party servers. However, if you use fiat to purchase crypto, KYC is required through third-party providers like Ramp.exodus wallet website homepage

This wallet stands out for its ease of use and supports over 300 cryptocurrencies, making it a popular choice for both beginners and experienced users. It is available on multiple platforms, including desktop, mobile, and browser extensions, allowing easy access and management across devices.

Exodus also includes a built-in exchange, letting you swap cryptocurrencies directly within the wallet, although it has to be noted that it charges higher fees compared to exchanges. You can also stake select cryptocurrencies like Solana and Cardano to earn passive income.

Exodus Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Over 300 cryptocurrencies, including Bitcoin, Ethereum, Solana, and more across 50+ networks
  • Cost: Free to download and use, but network fees apply for transactions
  • Top Security Features: Private keys are stored locally, 12-word recovery phrase, password protection, and optional biometric security (face or fingerprint ID)​

Pros

  • No KYC required for account setup
  • Keeps private keys on your device
  • User-friendly design for all experience levels
  • Available on desktop and mobile
  • Excellent 24/7 customer support

Cons

  • Lacks two-factor authentication
  • Limited advanced security features

3. Margex Wallet – Best for Copy Trading

The Margex Wallet is a great choice for those who wish to trade and manage cryptocurrencies without KYC. From lesser-known coins to well-known ones like Bitcoin and Ethereum, it supports more than 100 cryptocurrencies. It is ideal for traders of all skill levels, offering tools such as staking, leverage trading, and copy trading.

Its best feature is that you can buy, sell, or withdraw your crypto all in one app without needing to switch platforms.

Margex Wallet Interface

User funds on Margex are stored in a multisig offline wallet, which is monitored 24/7 to keep your funds safe. Additional features like email alerts, SSL encryption, and two-factor authentication further protect your account.

However, being a software wallet connected to the internet, it is less secure than a hardware wallet.

Margex Wallet Key Takeaways

  • Wallet Type: Custodial software wallet
  • Storage Type: Hot storage with cold storage for funds
  • Cryptocurrencies Supported: Over 100, including Bitcoin, Ethereum, and altcoins
  • Cost: Free to use; third-party fees apply
  • Top Security Features: Multisig cold storage, 2FA, SSL encryption, email alerts

Pros

  • No KYC required for account setup
  • Beginner-friendly interface with advanced trading tools
  • Supports over 100 cryptocurrencies
  • Mobile app for easy access and trading

Cons

  • More vulnerable to online threats than hardware wallets
  • Users don’t have full control of private keys as it’s a custodial wallet

4. Cypherock – Best for Multi-Wallet Management (Up to Four Software Wallets)

If you’re after serious security and don’t want to deal with KYC, Cypherock is a solid choice. The way it handles your private keys is unique: instead of keeping them in one place, Cypherock splits them into five parts and stores each on a different, tamper-proof card. So, even if one card gets lost, your funds are still safe.

Cypherock Wallet

You won’t need a seed phrase backup with Cypherock, which makes things easier, and the cySync app lets you manage your crypto, NFTs, and DeFi assets in one place. The wallet even includes a beneficiary feature, so users’ assets can be securely transferred in case of death.

Cypherock Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage with decentralized key distribution
  • Cryptocurrencies Supported: Over 1,000, including Bitcoin, Ethereum, and altcoins
  • Cost: $159
  • Top Security Features: Decentralized key storage, no seed phrase needed, tamper-proof EAL6+ cards, PIN protection

Pros

  • No KYC needed—you can start right away.
  • Keeps your assets safe with decentralized key storage.
  • Works with a huge range of cryptocurrencies, NFTs, and DeFi
  • Includes a beneficiary feature to ensure your assets are passed on securely.

Cons

  • At $159, it might feel pricey for some.

5. Tangem – Best for Compact Design

Tangem is a card-based hardware wallet that keeps things refreshingly simple. Entirely offline, Tangem ensures that no personal data is ever at risk. Your private keys are stored securely on the card itself, thanks to an EAL6+ certified chip. What’s particularly impressive about Tangem is how easy it is to use—set up takes less than a minute, and managing your crypto is as simple as tapping the card.

Tangem Card Wallet

The Tangem app allows you to buy, sell, swap, or stake over 1,000 cryptocurrencies, including Bitcoin and Ethereum. Unlike other wallets, Tangem does away with the hassle of seed phrases. Instead, it provides three backup cards to ensure you never lose access to your funds. Just be careful not to misplace those cards—they are the key to your assets.

Tangem is ideal for those who want a straightforward way to manage their crypto without undergoing KYC. While the card-based system might take some time getting used to, it’s worth it for the portability and security it offers.

If you’re looking for an anonymous, no-frills solution to store and manage your crypto, Tangem might be exactly what you need.

Tangem Key Takeaways

  • Wallet Type: Non-custodial hardware wallet
  • Storage Type: Cold storage with a backup system using multiple cards
  • Cryptocurrencies Supported: Over 1,000, including Bitcoin, Ethereum, and many altcoins
  • Cost: $54.90 to $160
  • Top Security Features: Tamper-proof EAL6+ cards, offline key generation, no seed phrase backup needed

Pros

  • Super portable, with its credit-card-sized design
  • Quick to set up and easy to use with the Tangem app

Cons

  • The card-based system might take some getting used to

6. Zengo – Best for No Seed Phrase Vulnerability

Zengo is a top choice for anonymous crypto wallets in 2025, largely due to its use of Multi-Party Computation (MPC). This technology eliminates the need for private keys or seed phrases, splitting transaction authorization into multiple parts. This system ensures no single entity controls your private data, significantly enhancing anonymity and security.

It also introduced a desktop wallet recently that keeps your crypto secure without storing any sensitive data on your computer. For that, it relies on decentralized MPC (Multi-Party Computation) technology.

zengo wallet website homepage

Zengo has never experienced a hack since its launch in 2018, thanks to its combination of MPC, biometric login, and 3-factor authentication (3FA). It’s designed to be beginner-friendly, and you can buy, sell, and store over 1,000 assets, including Bitcoin and NFTs, all from the app.

Its lack of seed phrases simplifies wallet management, reducing the risk of access loss. While there’s no desktop app yet, the mobile app’s clean interface compensates with easy-to-use features and 24/7 support. Additionally, Zengo provides complete self-custody over your assets, ensuring you have full control.

The Pro version includes advanced features like generational inheritance and a Web3 firewall for enhanced protection. Despite missing support for some major assets like Solana and Cardano, Zengo remains a highly secure and convenient wallet for Bitcoin users and beyond. Learn more in our Zengo review.

Zengo Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Over 120 assets, including BTC, ETH, USDT, XTZ, MATIC, and NFTs on Ethereum and Polygon
  • Cost: The wallet itself is free, but using its services incurs various fees; for example, buying crypto with a credit card has a 1.5%-5.99% fee, depending on the provider
  • Top Security Features: MPC, no seed phrase vulnerability, 3FA, biometric login with 3D FaceLock, and a Web3 firewall (ClearSign) that protects against phishing and smart contract risks​

Pros

  • Support for 1,000+ cryptocurrencies
  • Buy, sell, and trade cryptos and NFTs in-app
  • dApp marketplace with WalletConnect
  • NFT viewing gallery
  • 24/7 customer support
  • Pro version with extra security features

Cons

  • Not all Ethereum L2s are supported
  • Crypto prices are marked up compared to market prices

7. Ellipal Wallet – Best for Integrated DeFi and DApp Access

The Ellipal Wallet is one of the best anonymous cold wallets of 2025 due to its fully air-gapped design. It achieves anonymity by eliminating any wired or wireless connections, making it impossible for hackers to access your assets remotely. All transactions occur via QR code scans, and firmware updates are done through a MicroSD card, keeping the wallet offline at all times.

Ellipal wallet flash sale page

This cold wallet supports over 10,000 coins and tokens, making it versatile for secure, KYC-free storage. Ellipal offers the Titan 2.0 and Titan Mini, both built from a single metal block with a sealed touchscreen for durability and protection.

Unlike other wallets that rely on Bluetooth or USB, Ellipal ensures your private keys never touch the internet, enhancing security for long-term asset storage. It also includes an in-built exchange through its mobile app, allowing you to swap cryptocurrencies in-app. However, while the QR-based transaction process enhances security, it may feel slow for frequent users.

Ellipal Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 10,000 coins and tokens, including BTC, ETH, SOL, MATIC, and NFTs on Ethereum and Polygon
  • Cost: The Ellipal Titan 2.0 costs $169, while the smaller Titan Mini is priced at $99
  • Top Security Features: Complete air-gapped, tamper-proof design, CC EAL5+ secure chip, self-destruct mechanism, PIN protection, 2FA, and a secret secondary wallet for extra safety

Pros

  • Air-gapped for better online protection
  • Durable aluminum alloy structure
  • Anti-disassembly and anti-tempeting features
  • Supports 10,000+ digital assets

Cons

  • Not all coins can be staked on the app
  • QR code scanning may feel tedious

8. Ledger – Most User-Friendly Hardware Wallet

Ledger achieves anonymity by keeping your private keys offline and protected with secure chip technology, preventing unauthorized access. It also doesn’t require KYC, so you can manage your crypto without revealing your identity. The device’s cold storage feature, coupled with offline protection, ensures that your assets are safe from both online and physical threats​.

ledger shop

Ledger offers two models: the Ledger Nano S Plus ($79) and the Ledger Nano X ($149). The Ledger Nano X supports over 5,500 cryptocurrencies and integrates with DeFi and NFT applications. It offers mobile connectivity through Bluetooth, which is a unique feature among hardware wallets. If you prefer more simplicity, the Nano S Plus is a budget option that still delivers on security.

Ledger is ideal for long-term storage, thanks to its offline protection and 2FA. It uses a 24-word seed phrase for recovery, with the option for an additional passphrase. Although its software isn’t fully open-source, its security features are robust, making it one of the most trusted wallets for serious investors.

Ledger Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 5,500 coins and tokens, including BTC, ETH, XRP, a wide range of ERC-20 tokens, and NFTs on Ethereum and Polygon
  • Cost: $79 to $149
  • Top Security Features: Secure Element (CC EAL5+ certified), PIN protection, Bluetooth encryption, firmware updates to counter vulnerabilities, proprietary BOLOS operating system for extra security

Pros

  • High security with offline functionality
  • Robust crypto education via Ledger Academy
  • Multiple encryption layers for safety
  • Multisignature security via Coinkite integration

Cons

  • Ledger Nano S Plus has no Bluetooth connectivity
  • No touch screen on Nano models

9. Trezor – Best for Advanced Backup Options

Trezor achieves anonymity by not requiring KYC. The device securely stores your private keys offline in cold storage, ensuring they never touch the internet. Trezor’s open-source firmware allows full transparency, which means you can audit its security measures yourself, adding trust for those concerned about privacy.

trezor website homepage

Trezor provides four models: Model One ($59), Safe 3 ($79), Model T ($149), and Safe 5 ($169). All models support over 9,000 coins and tokens. While lacking native staking, NFT management, and a mobile app or Bluetooth connection, Trezor excels in basic security needs.

The Model T includes Shamir Backup for enhanced security; advanced features can be accessed through third-party software. Trezor integrates with popular wallets like Exodus, providing flexibility and convenience. Trezor’s simplicity and affordability make it a reliable choice among no-KYC hardware wallets.

Learn more by reading our Trezor Model T review and Trezor Safe 3 review.

Trezor Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 1,600 natively supported coins, with compatibility for over 9,000 tokens through third-party wallets
  • Cost: $59 to $169
  • Top Security Features: Open-source firmware, Shamir Backup for enhanced recovery, PIN protection, and 2FA (FIDO2)

Pros

  • Most affordable hardware wallet in February 2025
  • User-friendly with DeFi integration
  • Open-source software for transparency
  • Features touchscreen and secure updates
  • Shamir Backup for added security (Model T)

Cons

  • Higher price
  • Limited mobile compatibility

10. Blockstream Jade – Best for Bitcoin HODLers

The Blockstream Jade ensures anonymous crypto storage by not requiring KYC verification. It achieves this through offline cold storage, keeping your private keys away from the internet, and is fully open-source, which allows the community to audit and trust its security measures​.

Blockstream Jade wallet

Launched in 2021 and priced at $64.99, it focuses primarily on Bitcoin, offering multisignature security with Electrum and Shamir Backup for seed recovery​. The device’s open-source firmware further enhances transparency and trust.

Blockstream Jade is compact and budget-friendly compared to pricier competitors like Trezor. Despite its small screen and lack of microSD backup, Jade offers excellent value with its robust security features and ease of use. You can buy it with Bitcoin, adding an extra layer of privacy.

Learn more by watching our Blockstream Jade tutorial and reading our guide on how to choose a Bitcoin wallet.

Blockstream Jade Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Primarily supports BTC and Liquid Network assets such as L-BTC and Liquid Tether (USDt)
  • Cost: $64.99
  • Top Security Features: Air-gapped design, built-in camera for QR code transactions, multisignature support, spoof wallets for added security, self-destructing PIN after multiple failed attempts, and fully open-source security protocols

Pros

  • Affordable, compact design
  • Bitcoin and Liquid Network focus
  • Air-gapped with QR-code scanning
  • High privacy with Multisig Shield

Cons

  • Limited to specific crypto assets

11. NGRAVE – Best for Advanced Security

The NGRAVE wallet is a popular anonymous crypto wallet that doesn’t require KYC, ensuring maximum privacy for users. It achieves anonymity through air-gapped technology, which keeps it completely offline, making it immune to remote hacking. This device also offers real-time key generation using a unique light-based system, adding a physical layer of security.

ngrave zero website homepage

The NGRAVE wallet is highly secure, with military-grade encryption and biometric features like fingerprint scanning. Its large touchscreen allows easy navigation, making it user-friendly despite its advanced crypto security setup.

Though pricier than other hardware wallets, NGRAVE stands out due to its extensive crypto support and robust build. It supports a wide range of cryptocurrencies and is built to withstand harsh conditions, being both water- and dust-resistant. For those seeking top-tier security, NGRAVE is worth the investment.

NGRAVE Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 1,500 cryptocurrencies, including BTC, ETH, LTC, SOL, and ERC-20 tokens
  • Cost: $398 to $498
  • Top Security Features: Biometric authentication (fingerprint), an EAL7-certified OS, full air-gapped design, QR code signing, and anti-tampering technology​

Pros

  • High-security EAL7 certified
  • Biometric security and light sensor
  • Air-gapped with 4-inch touchscreen
  • Unique ‘Perfect Key’ generation process
  • Durable, tamper-resistant design

Cons

  • No staking or DeFi integration
  • Higher price

12. SecuX – Best for Touchscreen Interface

The SecuX W20 doesn’t require KYC and uses an air-gapped design for offline key storage. It uses a CC EAL5+ Secure Element chip to protect your private keys from online threats. This design ensures that your keys never leave the device, maintaining complete privacy.

SecuX website

Priced at $119, the SecuX W20 supports over 10,000 cryptocurrencies and tokens, including Bitcoin, Ethereum, and Solana. Its large color touchscreen and intuitive interface make managing assets straightforward. With Bluetooth and USB connectivity, it’s compatible with MetaMask and DeFi platforms, enhancing its versatility​.

The SecuX W20 is user-friendly, offering dynamic PIN entry and passphrase protection for extra security. You can easily view your portfolio and verify transactions directly on the device. With QR-based WalletConnect, it simplifies access to decentralized apps, making it a solid choice for secure and anonymous crypto management.

SecuX Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 10,000 coins and tokens, including BTC, ETH, LTC, BNB, XRP, ERC-20 tokens, and NFTs based on ERC-721 and ERC-1155 standards
  • Cost: $119
  • Top Security Features: Infineon SLE CC EAL5+ Secure Element chip, dynamic PIN entry, tamper-proof sealing, 2FA during Bluetooth connections, and a 24-word recovery phrase with optional passphrase protection

Pros

  • CC EAL5+ Secure Element chip for high security
  • Bluetooth and USB connectivity options
  • MetaMask integration via QR-based linking
  • Hands-on clear-sign for transaction authorization

Cons

  • Higher price compared to some competitors
  • No native staking or NFT management

13. BitBox02 – Best for Mobile Compatibility

The BitBox02 is a top-notch anonymous hardware wallet that doesn’t require KYC verification and offers fully offline key generation. It uses open-source firmware, allowing for public audits to ensure security and privacy. With your private keys stored in a secure chip, the wallet remains protected from online threats.

bitbox wallet

BitBox02 supports Bitcoin, Ethereum, Litecoin, Cardano, and over 1,500 ERC-20 tokens, making it versatile yet straightforward. It offers DeFi support, allowing you to connect to any Ethereum-based dApp securely. This ERC-20 wallet’s design includes a user-friendly interface for both desktop and Android devices.

The OLED display is one of its standout features, offering clear transaction details for easy verification. While lacking iOS support, BitBox02 remains a top contender in security and ease of use, competing well with other hardware wallets like Ledger and Trezor

BitBox02 Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: BTC, ETH, LTC, ADA, and over 1,500 ERC-20 tokens
  • Cost: $149
  • Top Security Features: Dual-chip architecture, open-source firmware, microSD card backup, encrypted USB-C connection, touch-based transaction verification, and optional Bitcoin-only firmware to reduce the attack surface​

Pros

  • Affordable with advanced features.
  • OLED screen, touch slider navigation.
  • USB-C connector, easy setup.
  • Supports major cryptos and ERC-20 tokens.

Cons

  • No native support for iOS.

14. Coldcard Wallet – Best for Partially Signed Bitcoin Transactions (PSBT) Native Support

The Coldcard Mk4 ensures anonymity by being fully air-gapped, which means it never connects to the internet. It achieves this through offline key generation and transaction signing via microSD cards. Since it doesn’t require KYC verification or online access, your identity and keys remain completely private.

coldcard cold wallet

Designed exclusively for Bitcoin, the Coldcard Mk4 offers top-notch security with its open-source firmware, allowing community auditing for transparency. It supports multisignature transactions, microSD backups, and integrates easily with full Bitcoin nodes.

Unique features like the “brick pin” mode and time-lock ensure that only you can access and spend your Bitcoin, adding extra layers of protection. However, Coldcard’s complex setup and lack of mobile app may deter beginners. Despite its higher price, Coldcard remains a top choice for security-conscious Bitcoin hodlers.

Coldcard Key Takeaways

  • Wallet Type: Bitcoin-only hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: BTC
  • Cost: $157.94
  • Top Security Features: Dual secure element chips, open-source firmware, air-gapped design, microSD backups, advanced security features like the “brick pin” and “duress wallet” modes, multi-signature transactions, and full-node integration

Pros

  • Bitcoin-only, high-security focus
  • Air-gapped, dual Secure Element chip
  • Numeric keypad, customizable OLED screen
  • Transparent, open-source firmware
  • Micro SD card for secure backups
  • PIN protection with optional passphrase

Cons

  • Limited to Bitcoin, no altcoins
  • Complex setup for beginners
  • No mobile app available

15. SafePal S1 Wallet – Most Affordable Hardware Wallet

SafePal ensures anonymity by not requiring KYC verification and offering offline transaction confirmations, keeping your private keys completely offline. This air-gapped approach enhances your privacy, ensuring that your crypto activities remain secure and anonymous.

Priced at $49.99, SafePal S1 is one of the most cost-effective hardware wallets in 2025, supporting thousands of coins and tokens, including Bitcoin, Ethereum, and BNB. It also integrates with DeFi platforms, allowing seamless interaction with dApps. Backed by Binance Labs, SafePal’s reputation for reliability and security is well-established​.

For NFT management, SafePal allows you to store and view NFTs, making it versatile for both crypto and digital asset holders. Its EAL5+ certified secure chip, combined with a self-destruct feature, ensures that your assets are protected from physical and digital threats​. This wallet’s affordability and robust features make it a strong competitor in the hardware wallet market.

SafePal Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 50 blockchains and 30,000+ tokens, including BTC, ETH, and BNB, as well as NFTs across platforms like OpenSea and Rarible
  • Cost: $49.99
  • Top Security Features: EAL5+ certified secure element, true random number generator, multiple security sensors, and a self-destruct mechanism; no Bluetooth, WiFi, or NFC

Pros

  • Top-tier security with EAL5+ certification
  • Completely offline transaction confirmations
  • Self-destruct mechanism for added security
  • Mobile app, browser extension, and hardware wallet options
  • Supports thousands of coins and tokens

Cons

  • Limited battery, SafePal app dependency
  • No iOS support for the browser extension

What Are Anonymous Crypto Wallets?


Anonymous crypto wallets are designed to maximize your privacy by concealing your identity and transaction history. They let you operate without linking your identity to your wallet or transactions.

They prioritize privacy features, such as using no centralized servers and often integrating with privacy-focused blockchains like Monero or Zcash. For example:

  • A regular wallet like MetaMask or Trust Wallet is semi-private but linked to your IP or on-chain activity, traceable to you.
  • An anonymous wallet uses coin-mixing or private-by-default chains to obscure activity.

Anonymous wallets also work with tools like Tor or VPNs for crypto trading, enhancing anonymity. They are ideal if you value financial privacy but may be harder to recover if lost due to having no centralized backup or recovery process.

How Do They Differ From Regular Crypto Wallets?

Regular crypto wallets may require you to provide personal information (e.g., for KYC compliance), especially on regulated platforms like Coinbase or Binance. Your account is tied to your name, email, or bank details, and the wallet providers often share user data with authorities. Anonymous wallets, however, avoid such tracking by not requiring personal data at registration.

Key Differences From Other Wallet Types

The key difference is personal data. Regular wallets tie your identity to your funds; anonymous wallets keep you off the radar. But there are some wallet type-specific differences to consider:

  • Regular Crypto Wallets: Often tied to exchanges and require KYC for compliance, limiting anonymity.
  • Decentralized Wallets: These don’t rely on centralized entities, but some still require optional KYC depending on features.
  • Cold Wallets: Completely offline wallets (e.g., hardware wallets) that can also be anonymous if bought without identity links.
  • Hot Wallets: Connected to the internet, hot wallets can be anonymous if they don’t require personal info for setup.
  • Non-Custodial Wallets: Let you control your private keys. They’re anonymous only if KYC isn’t enforced.
  • ERC20 Wallets: Also known as Ethereum wallets; specialized for Ethereum-based tokens but may or may not be anonymous.
  • Solana Wallets: Focused on Solana assets. Phantom is an example, but anonymity varies by wallet.
  • Cardano Wallets: Support ADA. Examples like Daedalus or Yoroi may not enforce KYC.

Your choice depends on privacy needs and asset type compatibility.

How Do Non-KYC Wallets Work?


To understand how anonymous crypto wallets work, we’ll need to take a step back and discuss ‘custodianship.’ There are two types of crypto wallet services available — custodial and non-custodial (also called self-custody).

Let’s explore how each wallet type works.

Custodial wallets are offered by centralized providers. In most cases, this is a crypto exchange, such as Binance. The custodian is responsible for keeping your cryptocurrencies safe. However, there are some drawbacks.

For a start, custodian wallets rarely allow you to store cryptocurrencies anonymously. On the contrary, you’ll likely need to go through a KYC process. This means your account and wallet must be verified via government-issued ID. What’s more, custodial wallets do not give you access to your private keys.

There is a saying in the blockchain space — not your keys, not your coins. Many in the crypto space feel that if you don’t have access to your private keys, you never truly own your cryptocurrencies.

Best Wallet interface on mobile

In contrast, non-custodial wallets don’t require any personal information, and you certainly won’t be asked for KYC documents. Instead, you can store, send, and receive cryptocurrencies anonymously. Most importantly, non-custodial wallets give you full control of your private keys.

The wallet will give you a unique blockchain address, which you’ll need when receiving tokens. As anonymous wallets are decentralized, transactions can never be blocked. Nor can your wallet balance be frozen.

However, anonymous wallets also come with drawbacks. For example, suppose you have a mobile wallet and you forget your PIN. If you’ve also misplaced your private keys, you won’t be able to access the wallet. As you’re using a self-custody wallet, the provider cannot help you regain access. Therefore, you’re 100% responsible for safeguarding your wallet.

Advantages of Crypto Wallets Without ID Verification


In this section, we’ll take a much closer look at the advantages of using anonymous crypto wallets and why you should consider staying off the grid when it comes to your crypto holdings.

Full Control of Your Cryptocurrencies

We’ve established that anonymous crypto wallets offer a self-custody service. This means that only one person has access to the wallet’s private keys — you. Without knowing the private keys, the wallet cannot be accessed. This means that you have full control of your cryptocurrencies.

After all, not even the wallet provider can access your funds. What’s more, you avoid the risk of having transactions blocked or delayed. This isn’t the case when using a custodial wallet, as you need to wait for the provider to approve transactions. This goes against the ethos of cryptocurrencies and blockchain technology.

How to secure your best wallet account

However, it’s important that you keep your private keys safe. Should they fall into the wrong hands your wallet will be compromised and your cryptocurrencies stolen. Most anonymous crypto wallets provide private keys as a 12-word passphrase. This makes it easier to write down and type in, should you need to regain access to your wallet.

Ultimately, crypto wallets with no KYC allow you to store and build wealth away from the traditional financial system. You don’t need to trust that the provider is keeping your cryptocurrencies safe, as you’re in full control. This has never been more important since the collapse of FTX — which resulted in billions of dollars in customer losses.

The best way to keep private keys safe is by writing them down on a sheet of paper. Keep the paper somewhere safe and private. Avoid writing your private keys down on a device that connects to the internet. If you do, the private keys will be vulnerable to remote hacking attempts.

No KYC Processes – Remain Anonymous

It goes without saying that anonymous Bitcoin wallets do not have a KYC process. You simply need to download your chosen wallet and transfer tokens to your unique address. No personal information will be collected by the provider. Using a VPN offers additional protection, as the wallet provider won’t be able to see your IP address.

When you send or receive cryptocurrencies, transactions won’t be attached to your identity. The blockchain only displays the sender’s and receiver’s wallet address, which is a long string of alphanumeric characters.

You won’t benefit from the same levels of anonymity when using a custodial wallet.

  • For example, suppose you register an account with Binance and purchase Bitcoin with a credit card.
  • You’d need to provide personal information and KYC documents, such as a government-issued ID.
  • You then download the Binance wallet app. Thereon, any wallet transfers that you make can be tracked to your real-world identity.

This is the case even if you transfer the Bitcoin tokens to an anonymous wallet. After all, you’ve already provided your personal data to Binance, so everything can be tracked.

Trade Crypto and Earn Interest Anonymously

If you’re wondering how to buy Bitcoin anonymously with fiat money, your options will be limited. Due to anti-money laundering (AML) laws, fiat money providers must perform KYC procedures. This will be the case even if you’re using an anonymous wallet.

That being said, you will be able to trade cryptocurrencies anonymously and without KYC checks.

For example, Best Wallet comes with an in-built decentralized exchange. This allows you to swap tokens without going through a centralized entity. Let’s say you’re currently holding BNB in Best Wallet. However, you no longer want to hold BNB; you’re now interested in Shiba Inu.

All you need to do is swap BNB for SHIB directly in your Best Wallet dashboard. This means you don’t need to transfer funds to an exchange. You can also purchase cryptos in-app using fiat currency.

buy dogecoin from best wallet

What’s more, some wallets allow you to stake cryptocurrencies anonymously. This means you can earn interest on your idle cryptocurrencies, putting your investments to work.

How We Rated The Best Anonymous Crypto Wallets


If you’re still not sure which anonymous wallet is right for you, we’ll now discuss our methodology when ranking the top providers.

Wallet Security (40%)

Wallet security is critical when choosing anonymous crypto wallets because your assets must remain safe from hacks and breaches. We assessed security by reviewing encryption methods, air-gapped designs, and security features like multi-signature and two-factor authentication.

For example, some cold wallets use air-gapping, while others offer powerful encryption and PIN protection. We ranked wallets based on their ability to prevent unauthorized access and ensure anonymity, prioritizing those with no connection to online services.

Supported Networks and Custom Tokens (20%)

Supported networks and custom tokens are essential because they determine the wallet’s flexibility and compatibility with various blockchain ecosystems.

We assessed the wallets based on how many blockchains they support (e.g., Bitcoin, Ethereum, or Solana) and if they allow you to add custom tokens. Wallets that support multiple networks and let you manage diverse tokens give you more freedom and options.

Wallet Fees (20%)

Wallet fees directly impact your transaction costs. We assessed fees for sending, receiving, swapping, and purchasing cryptocurrencies across wallets.

Lower-fee wallets, like those with minimal transaction or network fees, were ranked higher. Wallets that offered fee customization options (e.g., adjusting gas fees) also scored better. By comparing fee structures, we ensure you get the best value for secure, anonymous transactions.

Additional Wallet Features (20%)

Additional wallet features enhance functionality and user experience beyond basic transactions. We assessed features like staking, NFT support, DeFi integration, and in-built crypto exchanges.

Wallets offering more capabilities, such as staking options or seamless dApp connectivity, ranked higher. These added features allow you to maximize your wallet’s utility, offering more than just storage and enabling active portfolio growth and management.

How to Store Seed Phrases Securely


A seed phrase is a sequence of 12 – 24 words that acts as a master key to your crypto wallet. It is important to safeguard your seed phrase to access your crypto wallets, and all the available digital assets.

You can store a seed phrase securely just by writing it down on a piece of paper and hiding it somewhere that only you have access to. But paper and ink are susceptible to the elements and can decay over time. If you want a more long-lasting option, you can purchase a seed phrase storage device such as Cryptotag.

On Cryptotag, users can purchase three different storage devices – Zeus, Thor, and Odin. All these devices provide a compact titanium hardware storage plate where your seed phrases can be stored. The product is water-resistant, heat-resistant, and bullet-proof. The cheapest available seed phrase device on Cryptotag is priced at $129.

Are Anonymous Bitcoin Wallets Legal?


In most circumstances, anonymous Bitcoin wallets are perfectly legal and there are no restrictions on using anonymous wallets to store your cryptocurrency investments.

That said, some regulatory bodies are now honing in on no ID crypto wallets, putting pressure on centralized exchanges to track transactions.

Crucially, anonymous crypto wallets are merely software that sits between you and the blockchain. The cryptocurrencies aren’t actually stored in the wallet itself. Moreover, self-custody wallet providers do not have access to your private keys. Therefore, they can’t block or freeze transactions, let alone obtain your real-world identity.

Conclusion


Anonymous Bitcoin wallets let users store and transact Bitcoin without revealing their identities. Unlike conventional wallets that might require personal details, these focus on minimizing traceability by using features like encryption, decentralized systems, or privacy-enhancing technologies such as Tor or CoinJoin.

Not only do anonymous wallets allow you to store cryptocurrencies without revealing your identity, but you’ll be in full control of your private keys.

Overall, we rate Best Wallet as the leading crypto wallet without ID verification. This crypto wallet supports thousands of tokens and is constantly upgrading its offering and adding new Web3 features.

FAQs


Which crypto wallets don’t need KYC?

Does Exodus require KYC?

Can I transfer crypto without KYC?

What is the best anonymous Bitcoin wallet?

Are cold wallets or software wallets better for anonymity?

Can I run my anonymous wallet on desktop or mobile?

References

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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