10 Best Crypto Wallets for July 2025

Author

Tsvetomir Koychev

Author

Tsvetomir Koychev

About Author

Tsvetomir is a Crypto Editor and Writer at Cryptonews, where he produces data-backed and impactful content focused on cryptocurrencies, exchanges, wallets, and blockchain technology.

Author Profile

Share

Copied

Fact Checked by

Ines S. Tavares

Senior Web3 Writer

Ines S. Tavares

About Author

Ines is the Senior Web3 Writer at Cryptonews. She writes research-driven, value-packed guides and reviews covering cryptocurrencies, exchanges, and other Web3 topics. Ines is constantly on the lookout...

Author Profile

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

June 27, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Having tested and analyzed over 40 of the best crypto wallets in July 2025, we concluded that Best Wallet and Cyphercock X1 are a cut above the competition. Best Wallet is our top choice for a hot wallet due to its built-in DEX and presale dashboard that offers early access to new projects. Meanwhile, Cypherock should be your go-to option for a cold wallet, as it provides military-grade security and protects your assets from virtually all online threats.

Using the best crypto wallets will protect your coins from theft, loss, or unauthorized access. The top solutions will also let you trade and invest your assets, access decentralized apps, store NFTs, and much more. However, the market is flooded with options. So, we did the heavy lifting for you and tested the most popular providers based on their security, compatibility, ease of use, and features. In the end, only 10 crypto wallets made it to our list.

In the sections below, we discuss our top picks, why they made the cut, and what you need to look out for in order to make an informed decision.

What Is a Crypto Wallet?

Crypto wallets are software programs or hardware devices that allow you to manage, transfer, and store cryptocurrency safely. Your coins aren’t stored in the wallet itself but rather on the blockchain, which is a decentralized record of all crypto transactions. The wallet simply holds your private key – a secret code that lets you access and manage your crypto on the blockchain.

How your private keys are stored depends on the kind of wallet you’re using:

Types of Crypto Wallets

There are two main types of cryptocurrency wallets – hardware, also known as cold wallets, and software, commonly referred to as hot wallets:

• A cold wallet is a physical crypto wallet that stays offline and securely stores your private keys on a hardware device. It’s ideal for long-term storage of large amounts of cryptocurrency, as it offers the best possible protection.
• Hot wallets, on the other hand, keep your private keys on internet-connected devices like PCs or servers. This makes them less secure but highly convenient, as they allow you to send, stake, and trade your coins with ease.

To help you make the best choice for your needs, we’ve tested and reviewed the best hot and cold wallets separately:

Best Crypto Wallets in July 2025 Shortlisted

Choosing the best wallet for crypto is about finding the right balance between convenience and security. Hot wallets are typically best for active crypto traders, as you can use them to interact with dApps, trade on DEXes, and stake your coins. Cold wallets, meanwhile, provide robust security and protection from online threats, making them suitable for long-term storage.

Overall Best Crypto Wallet

9.7/10

• Non-custodial multi-chain wallet.
• Broad ecosystem of wallet features.
• Portfolio management and market insights within the wallet.

Visit Now

Safe Wallet with Staking and dApps

8.5/10

• Self-custodial crypto wallet with 1M customer base
• Multi-chain support powered by MPC for added security
• Buy, sell, send, receive and connect to Web3 dApps

Visit Now

Best For Seedless, Hardware-Based Storage

9.2/10

• Multi-part backup system that eliminates the need for a recovery seed
• Splits private key into multiple encrypted shards for enhanced security
• Supports over 3,000 cryptocurrencies

Visit Now

Cold Wallet with Most Tokens Supported

8.6/10

• Supports over 10,000 tokens & NFTs
• Air-gapped security with anti-tamper features
• User-friendly interface

Visit Now

Best Hardware Wallet for Security

8.2/10

• Securely stores sensitive data with a tamper-proof Secure Element chip
• Leger Live App allows you to buy, sell, swap and stake tokens all in one place
• Custom-built BOLOS operating system ensures app updates are carried out automatically

Visit Now

The Best Crypto Wallets Reviewed — Our Top Hot and Cold Picks

After reviewing over 40 hot and cold wallets, we narrowed our list down to just 10 top picks based on key criteria such as security, user-friendliness, and features. Whether you’re new to crypto or consider yourself an advanced trader, we’re confident that at least one of the picks below would make a great choice for you.

1. Best Wallet – Overall Best Crypto Wallet in July 2025

Best Wallet is the overall best wallet for July 2025 due to its holistic approach to user autonomy, privacy, and all-in-one functionality. It excels in supporting multiple blockchains, providing advanced security features, such as two-factor authentication, and offering extensive tools for market analysis and asset management.

It’s a multi-chain, non-custodial wallet that combines versatility and security. It integrates a comprehensive Web3 ecosystem, supporting over 1,000 coins, tokens, and NFTs from 60+ blockchains, including Bitcoin, Ethereum, Polygon, Binance Smart Chain, and Solana.

Best Wallet features a native utility token ($BEST), which reduces gas fees, gives you additional airdrop rewards, and provides access to hot crypto presales. It also boasts a built-in DEX, making it an excellent option for frequent traders. The wallet’s interface is designed for ease of use on iOS and Android, ensuring accessibility for all users, and we loved how quick and easy the setup process was.

For a deeper dive into the provider’s features and capabilities, check out our detailed Best Wallet Review.

2. Margex Wallet – Best Exchange-Based Crypto Wallet for Trading

Margex Wallet stood out during our assessments with its seamless integration with the Margex trading platform. It’s a great choice for both new and experienced traders because of its simple design, low fees, and advanced tools like copy trading.

Margex has low fees, doesn’t charge for deposits, and offers high staking rewards. In addition, it allows you to use up to 100x leverage to maximize your returns. We also liked its excellent copy trading tool, which lets you copy the strategies of more experienced traders in real time.

The wallet supports over 55 coins on 10+ chains, which is a tight range compared to competitors like Best Wallet. However, you do get access to all the major coins, such as Bitcoin, Ethereum, and Solana, plus a nice batch of high-volume cryptos for trading, like Tron, Dogecoin, Arbitrum, and Cardano. Interested in learning more about the provider? Check out our comprehensive Margex review.

3. Zengo Wallet – Best Hot Crypto Wallet for Security

Zengo prioritizes security without compromising usability. Sensitive data never touches your device – instead, the wallet relies on decentralized Multi-Party Computation (MPC), which replaces your private key with “Secret Shares.” One share is stored on your mobile device, and the other on Zengo’s servers. This innovative approach eliminates the single point of failure and ensures your funds are secure while offering a hassle-free way to manage your portfolio.

In testing, it took us only one minute to download Zengo and create an account and another one to complete the recovery kit and create a 3D Face Lock. The recovery kit lets you recover your wallet if you accidentally delete it, while 3D Face Lock provides an extra security layer. Moreover, advanced security tools, like three-factor authentication, will help keep your funds safe. Plus, the wallet has never been hacked since its launch in 2018 and has no history of lost user funds.

Zengo also includes features like staking and an integrated exchange, making it easy to manage your crypto all in one place. We also appreciated its reliable customer support, which is available 24/7 and was fast to respond during our testing. Be sure to check out our hands-on Zengo review to decide if it’s the right crypto wallet for you.

4. Cypherock X1– Best Crypto Cold Wallet For Security

Cypherock X1 is one of the safest offline crypto wallets, as it removes the need for seed phrase backups by splitting your private keys into 5 parts using Shamir’s Secret Sharing. It stores each part on your X1 vault and four X1 cards. To make a transaction, you’ll need to tap one of your cards on the X1 vault. What’s more, you’ll be able to access your funds even if you lose up to three parts.

The wallet supports over 9,000 cryptocurrencies and interacts with NFTs and DeFi protocols via WalletConnect. Apart from its hardware aspect, Cypherock also lets you create and manage up to four software wallets, each with its own private key.

Together with the companion CySync app, this feature allows seamless portfolio management and interaction with the hardware device. Keep in mind, though, that the CySync app is currently available only for Windows, Mac, and Linux. Read our in-depth Cypherock X1 review to decide if it’s the right hardware crypto wallet for you.

5. Ledger – Best Cold Wallet for Crypto Beginners

We rate Ledger as the most user-friendly hardware wallet thanks to its Ledger Live app, easy integration with third-party services, educational resources, and responsive customer support. This makes managing your crypto straightforward, whether you’re a beginner or an experienced user.

Ledger offers four models: the Nano S Plus at $79, the Nano X at $149, Flex at $249, and Stax at $399. All four support over 15,000 cryptocurrencies. The Nano X adds Bluetooth connectivity, allowing you to manage your assets on a mobile device, while Flex and Stax feature large touchscreen displays, making them perfect for easy portfolio and NFT management.

Choosing Ledger means opting for a secure, versatile solution. The software isn’t fully open source, but it compensates with multi-signature security and two-factor authentication. With Ledger, you can access dApps and easily switch between hot and cold storage, making it a top choice for diverse crypto needs.

Read our in-depth Ledger Stax review for a comprehensive overview of the provider’s flagship model.

6. Tangem Wallet – Best Crypto Hardware Wallet for Convenience and Portability

Tangem Wallet uses a card-based form factor that resembles a credit or debit card embedded with a secure chip to store your private keys. This design simplifies handling compared to traditional USB-like hardware wallets. Tangem cards are powered by NFC technology, which you activate by tapping on an NFC-enabled smartphone.

The secure chip inside the card is certified to the highest security standards (EAL6+), giving you full control of your private keys and ensuring that no third party has access to your funds. The Tangem mobile crypto wallet pairs with a companion app available for Android and iOS, which lets you send, receive, and manage 6,000+ tokens on the go.

We also tested its staking feature, which was recently added for Solana, Tron, Polygon, Binance Smart Chain, and Cosmos. We liked that the wallet recommends the most profitable validators for each network, making it an excellent choice for maximizing your passive crypto income. To find out more, feel free to check out our hands-on Tangem Wallet review.

7. Trezor – Most Affordable Hardware Wallet

Trezor is a great option if you’re after affordability but don’t want to compromise on security. It provides three models: the Model One ($49), the Trezor Safe 3 ($79), and the Trezor Safe 5 ($169). All models offer secure offline cryptocurrency storage, supporting over 1,000 coins and tokens. However, they lack native staking, NFT features, and Bluetooth connectivity.

We tested all three wallets to find out what makes them stand out. The Trezor Safe 5 is the most advanced option, as it incorporates haptic feedback and scratch-resistant glass. The Trezor Safe 3 and the Model One are more basic, offering a two-button pad and a 0.96″ monochromatic display. However, the Model One doesn’t have an advanced multi-share backup.

Despite their affordability, Trezor wallets don’t skimp on security. Besides keeping your private keys offline, they also feature PIN and passphrase protection, with advanced models like the Trezor Safe 5 using an EAL6+ Secure Element chip and Shamir Backup for robust defense against unauthorized access and secure recovery.

8. Coinbase Wallet – Best Hot Wallet for Crypto Swaps

Coinbase Wallet is the native wallet of one of the best crypto exchanges – Coinbase. It’s our number one pick for crypto swaps for two reasons. First, it has a built-in DEX that will allow you to swap tokens across six blockchains. Secondly, you’ll be able to use its advanced swap features, slippage tolerance, and gasless mode, giving you greater control over your swaps.

This self-custody wallet supports Ethereum, Solana, and all EVM-compatible networks. What makes it stand out are its advanced swap features – slippage tolerance and gasless mode. The former allows you to adjust slippage tolerance between 0.5% and 99%, while the latter lets you pay gas fees using the tokens you swap. You can also swap tokens using its built-in DEX.

On July 16, 2025, Coinbase Wallet announced its rebranding to Base App. However, this is not just a name change. The new wallet will come with extra features, such as a decentralized social network powered by Farcaster, a new low-fee, instant payment service called Base Pay, and an end-to-end encrypted messaging service, among others. For more info about the provider, read our in-depth Coinbase Wallet review.

9. MetaMask – Best Crypto Wallet For Ethereum Holders

MetaMask is one of the best Ethereum wallets, as it supports all tokens within the ETH ecosystem, from ERC-20 to ERC-721 and ERC-1155 tokens. This means you can buy and swap 500,000+ ETH-based tokens using its browser extension or mobile app. MetaMask works with all EVM-compatible networks and Layer 2s, including Optimism, Polygon, and Arbitrum.

MetaMask also supports staking, meaning you’ll get to stake ETH and other tokens for rewards directly from your wallet. In addition to pooled staking, you also get support for validator and liquid staking, which makes it a flexible option for advanced users.

In addition, if you want to be in charge of your private keys, you can integrate MetaMask with hardware wallets like Trezor, Ledger, Lattice, Keystone, NGRAVE ZERO, and AirGap Vault. Plus, its Snaps feature allows you to connect to non-EVM networks, like Solana and Bitcoin. You can also add custom tokens to your wallet manually and interact with various dApps.

10. Trust Wallet – Best Crypto Wallet App for NFTs

If you’re looking for the best self-custody crypto wallet that supports NFTs, opt for Trust Wallet. It supports 10 million tokens, 100+ blockchains, and over 600 million NFTs. The wallet is available as a mobile app and a browser extension. You can use it to buy, sell, swap, and stake cryptocurrencies, discover dApps, and manage your NFTs across multiple blockchains.

You can store and manage different types of NFT token standards, from ERC-721 and ERC-1155 to BEP-721 and BEP-1155, enabling you to diversify your portfolio. Another feature NFT enthusiasts will find beneficial is the spam filter, which automatically hides scam and spam NFTs.

With Trust Wallet, you’ll also gain access to dApps and popular NFT marketplaces, such as OpenSea, Rarible, and Solanart, and you’ll be able to send and receive NFTs from other wallets hassle-free.

How Do Crypto Wallets Work?

A cryptocurrency wallet acts like a digital bank account, managing and safeguarding your cryptocurrency assets. It keeps digital assets secure by storing private and public keys, which are used for transactions.

• Public Key: The public key is the wallet’s “account number” and is used to receive funds from other wallets. It can be shared with others to receive funds.
• Private Key: The private key is an alphanumeric code unique to each wallet that proves ownership of the crypto assets inside. It’s like a password, meaning it should never be shared with anyone else.

Crypto wallets store and manage the private key – not the actual crypto assets. Crypto assets are held on the blockchain; the private key provides access and proves ownership.

Based on who controls the private keys, you can also separate crypto wallets into two categories:

Custodial vs Non-Custodial Wallets

Wallets can also be categorized as custodial or non-custodial:

• With custodial wallets, the provider controls the private keys, meaning that you rely on them for security. A benefit of these kinds of wallets is that it’s easier to recover access if you lose your login details. The best example of a custodial wallet is Margex.
• With non-custodial wallets, you have full control of your private key and assets. However, if you lose your private key, you lose access to your funds. The best examples of non-custodial wallets include Best Wallet, Exodus, and Zengo.

In other words, custodial wallets offer convenience with some trust in a third party, while non-custodial wallets provide more control and responsibility over your assets.

Regardless of their type, the best crypto wallets use advanced cryptographic techniques to protect your private keys. Different wallets take different approaches. Examples include encryption, seed phrases, biometric verification, and Hardware Security Modules (HSMs). Digital wallets typically offer backup and recovery options that ensure users can’t lose access to their crypto.

Hot vs Cold Crypto Wallets

The main advantage of using hot wallets lies in their convenience. They enable you to quickly send, receive, and manage crypto. They can also be integrated with crypto exchanges, which eliminates the need for manual transfers. Some hot wallets, like Best Wallet, have built-in exchanges, so you can execute trades directly from the wallet.

Hot wallets are more user-friendly than cold wallets, and you can usually download them for free as a desktop app, mobile app, or browser extension. This makes them more suitable for beginners and active traders. However, they’re more vulnerable to hacks since they’re connected to the Internet. So, you should avoid using them to store large holdings.

On the other hand, cold wallets are physical devices that store your private keys offline, which makes them more secure. Moreover, you’ll have complete control over your private keys. This makes them suitable for long-term investors holding significant amounts of digital assets.

However, setting up the best cold storage crypto wallet is more complex than setting up a hot wallet since it requires installing the wallet management software and creating a PIN and backup phrase. Moreover, initiating transactions can be time-consuming as it involves connecting the wallet to your device, entering your PIN, and signing the transaction. Plus, cold wallets can also be very expensive.

So, which one to choose? It depends on whether you’re after convenience or security. Realistically, your best bet would be to own both hot and cold wallets to benefit from the former’s convenience and the latter’s security. For example, when you trade cryptocurrencies, transfer your funds from a cold wallet to a hot wallet. Once you’re satisfied with your profits and you’re done trading, transfer your funds back to your cold wallet for secure storage.

How to Choose a Crypto Wallet

As you can see, there are many hot and cold wallet providers, so which one should you choose? You can start by asking yourself specific questions, such as What do I want to trade, How often do I plan to use the wallet, and Do I want a simple solution, or one that I can integrate with additional services? By answering these questions, you’ll be able to identify which wallet will best suit your trading style.

Trading Frequency – Traders vs HODLers

If you plan to trade cryptos on a daily basis to profit from their short-term price fluctuations, opt for hot wallets. They’re faster and more practical than cold wallets, and you can connect them directly to crypto exchanges. They also have a user-friendly interface, meaning you’ll execute trades with one click. Speed ​​is a key factor for day traders, who must react quickly to profit from market changes.

On the other hand, if you’re a long-term investor who prefers to keep their coins locked away for a longer period of time, you’ll value security over speed. That is why you should choose cold wallets. They store your private keys offline, significantly reducing the risk of theft or loss.

Preferred Assets – Conservative Investors vs Crypto Degens

If you’re an investor, you’ll probably want to play it safe by taking a more conservative approach. After all, your goal will be to avoid risks and generate stable returns by investing in well-established coins with large market caps, like Bitcoin and Ethereum. If this is the case, opt for crypto wallets that support all major cryptocurrencies, EVM-compatible networks, and stablecoins.

Crypto degens will benefit the most by selecting a multi-chain wallet that supports a wide range of meme coins, gameFi tokens, L2 tokens, and other high-risk, high-return coins.

Trading Features – Beginners vs Advanced Users

Beginners should opt for a crypto wallet with a user-friendly interface and an integrated exchange with built-in buy and sell features and staking services. This will enable them to conduct trades directly from their wallet.

Experienced traders, on the other hand, should look for a wallet that integrates with multiple services, such as TradingView and WalletConnect. The former enables them to use advanced charting tools and technical indicators, while the latter allows connecting to dApps for various purposes such as gambling, gaming, staking, and more.

How to Find Safe Crypto Wallets

Finding a secure and reliable crypto wallet can be tricky, as the market is flooded with options. However, we’ve identified three tactics traders and investors can employ to find safe crypto wallets effectively.

Consider the Wallet’s Security Features

When choosing a crypto wallet, it’s also essential to thoroughly research its security features. Start by visiting a provider’s official website and verifying the security measures on offer.

For instance, Best Wallet uses military-grade encryption to securely store your private key on your device, which is highly desirable for a hot wallet. Cypherock X1, on the other hand, is completely air-gapped, which ensures your private key never touches the internet, eliminating most remote attack vectors. Such info is freely available online, so make sure to check it out before making a decision.

Use a Reputable Provider

Before downloading a wallet, make sure to read online reviews and check the provider’s reputation. Many crypto wallets are even endorsed by high-profile individuals or businesses, which can boost credibility.

The top providers we’ve listed in this guide have a long track record of success in the space and high security scores. Zengo, for example, has served over 1 million users since 2018 without a single reported hack. Conversely, we’ve excluded options like Atomic Wallet, which was one of the leading providers in the space before the North Korean hacker group Lazarus stole more than $35 million of customer funds.

Test the Wallet Before Making Large Transfers

Finally, it may be best to test out a wallet with a small amount of crypto before fully committing. This minimizes the risk of catastrophic loss while allowing you to test the wallet’s functionality and crypto security features. Assuming everything goes smoothly, you can confidently transfer more significant amounts of crypto.

How to Get and Use a Crypto Wallet

Before ending this guide on the best crypto wallets, let’s look at how to download and use one of these wallets. As noted earlier, our recommended crypto wallet is Best Wallet, which comes with a free app that’s simple to use and available on iOS and Android devices.

With that in mind, follow these simple steps to download the Best Wallet crypto app and begin using it today:

Step 1 – Download the Best Wallet App

Best Wallet is available as a mobile app on both Android and iOS, so the first step is to head to the Play/App Store and download the app. It’s free and shouldn’t take long to add to your phone.

Step 2 – Create Account

Next, the app will ask you to create your account. Simply input your email address, and you’ll receive a verification link.

Step 3 – Confirm Security Features

Once you’ve verified your account, the app will ask you to create a passcode or enable verification via biometrics. We recommend doing both for maximum security.

Step 4 – Use the Best Wallet App and Wallet

Your account has now been created, and you can start using Best Wallet to send, receive, buy, store, or swap over 1,000 crypto assets.

How to Keep Your Crypto Wallet Safe: Pro Tips

After choosing the crypto wallet that best suits your needs, make sure to keep it safe. If you lose your private key, you’ll lose access to your funds. Remember James Howells, who in 2013 accidentally threw away a hard drive containing his private key for 8,000 BTC? His recklessness cost him over $800 million at current market prices.

So, if you don’t find yourself in a similar situation, check out our tips on how to protect your crypto wallet:

Never Share Your Private Keys

Treat your private key like a house key – keep it safe and don’t share it with others. The safest option is to store it offline, on a hardware wallet such as Cypherock X1 or Tangem. You should also avoid taking screenshots of your private key or seed phrase and storing them on your mobile device, as they can be compromised. For example, SpyAgent, a new Android malware, targets private keys by scanning images on your device.

Create Strong, Unique Passwords

Your wallet password should contain at least 12 characters, combining numbers, uppercase and lowercase letters, and special characters. In addition, you should never use the same password for your crypto wallet and other accounts. If you do so, a hacker breaking just one password would create a domino effect, giving them access to your wallet or exchange accounts.

Enable two-factor authentication

2FA requires two forms of identification: receiving a one-time code via SMS or mobile authenticator apps and biometric verification. By enabling 2FA, you’ll add an extra layer of security. Keep in mind, however, that an app like Google Authenticator is the safer option, as SMS-based codes can be exploited through SIM swap attacks.

Beware of Phishing Scams

Before connecting your wallet or signing a transaction, make sure that the website is legitimate by examining its URL. Wallet providers will never ask you to share your private keys with them. Scammers often send e-mails that contain links that require you to take a specific action. You should never click on them. To avoid scams, download apps only from the official websites of wallet providers and Google Play or the App Store.

Update Your Wallet Regularly

Browser wallets like MetaMask and Trust Wallet usually update automatically, but that’s not the case for desktop and mobile apps like Zengo or hardware solutions like Ledger. Make sure you always have the latest software or firmware version of the wallet you’re using.

FAQs