Top 5 Crypto Wallets With Built-in Exchanges

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Leon Waters

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Leon Waters

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Leon is an editor, writer, content manager and marketer with 15 years of experience (including 7 years working on Web3, metaverse, NFT, crypto, blockchain, and gaming projects).

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Last updated:

March 5, 2025 09:35 EST

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Crypto wallets with built-in exchanges let you trade assets without leaving the app, improving security and convenience. You avoid exposing private keys to external platforms, reducing the risk of hacks. Some offer decentralized swaps, while others connect to centralized exchanges.

Choosing the right wallet is crucial. Factors like security, non-custodial vs. custodial, supported assets, fees, and user control will all impact your experience. However, researching wallets is hard because of biased reviews, hidden fees, and varying security models.

You need to compare transaction fees, exchange rates, and security features. Testing a wallet with a small amount can help, but some drawbacks only appear with prolonged use. That’s why we conducted this research for you. In this guide, we break down the best crypto wallets with built-in exchanges, our research process, and key factors to consider.

Top Crypto Wallets With Exchanges Reviewed

As the chart above demonstrates, crypto wallets with exchanges can vary significantly. In this section, we’ll take a detailed look at the best crypto wallet options available right now and consider each product’s pros and cons.

1. Best Wallet – Access a DEX, Staking, and Top Crypto Presales

The best crypto wallet with an exchange is Best Wallet, which is currently expanding its already impressive ecosystem. Best Wallet is a non-custodial wallet (giving you full control of your crypto assets), multi-chain (supporting over 60 blockchain networks), and has its own built-in DEX called Best DEX, where you can buy, sell, and swap 1,000+ tokens.

It’s also among the most versatile wallets we’ve tested, offering enhanced features, from staking to iGaming, and access to the best crypto presales – where users can purchase the newest crypto tokens before they become available for trading.

This wide range of features makes Best Wallet our top recommendation for anyone looking for a crypto wallet with an exchange. It’s available as a mobile app for iOS and Android, letting you take your crypto holdings wherever they go – with continuous access to every other feature whenever they might be needed.

2. Exodus – User-Friendly With No KYC Requirement

If you’re looking for a simple and straightforward way to store, buy, sell, and swap crypto, Exodus is a great option. It’s a software wallet with built-in exchange and relatively few additional features (although it does provide access to some Web3 dApps), which makes it a solid choice for beginners. We also appreciated the lack of KYC requirements, so the setup process is quick and hassle-free.

We should note, however, that Exodus doesn’t use 2FA as a security measure – although it does enable full self-custody and control of your cryptos. This potential issue is somewhat mitigated by 24/7 customer support access, and Exodus has also partnered with Trezor (a crypto hardware wallet manufacturer), offering more advanced security measures.

With 310+ supported crypto assets and millions of users, Exodus has proven itself as a worthy crypto wallet with an exchange. It’s a strong all-rounder for crypto traders and investors alike, albeit one with a relatively limited array of extra functionalities.

3. Coinbase Wallet – Top Wallet for Crypto Beginners

Designed with crypto beginners in mind, Coinbase Wallet offers a compact but powerful crypto wallet with an exchange. You can easily swap, store, buy, and sell cryptos with access to hundreds of tokens and seamless integration with Coinbase CEX. You can even join DAOs, earn rewards through educational quests, and experiment with a DeFi wallet – all within one app.

However, for more experienced users who value their privacy, Coinbase Wallet’s KYC (Know Your Customer) requirements may prove too restrictive. The provider also prioritizes compliance with regional regulators, which could potentially lead to the removal or limitation of some Coinbase Wallet functions in the future.

Nevertheless, we found Coinbase Wallet’s interface highly intuitive and responsive, making it an ideal choice for crypto beginners. In addition, its support for hundreds of tokens across 14+ chains ensures you have plenty of opportunities for both storage and trading.

4. Zengo – Dedicated to Maximum Security

With three-factor authentication, MPC (multiparty computation) cryptography, a Web3 firewall, and a facial recognition function, Zengo is the most secure crypto wallet we’ve tested for this guide. It’s even removed the need for private keys and seed phrases altogether, leaving no security vulnerabilities.

Zengo has built a strong customer support service to help you easily regain access to your coins if locked out. This function adds to a great hot wallet aimed at security-focused crypto enthusiasts. Beyond its formidable security measures, Zengo also provides access to Web3 dApps and a decentralized exchange powered by multiple third-party service providers.

Importantly, these third parties also require Zengo users to go through a mandatory KYC process, sacrificing privacy for security and access to a range of trading and investment options. We also noticed that trading fees can vary significantly depending on the service provider – so if you’re a day trader, you may have to deal with a degree of unpredictability when opening and closing short-term positions.

5. Ledger Live – Paired With Crypto Hardware Wallets

Unlike the other crypto wallets with exchanges like Best Wallet and Exodus, Ledger Live is a companion app that you can only use if you have a Ledger hardware device (cold wallet). As well as providing easy crypto swaps, purchases, and staking, Ledger Live also lets you update your device’s firmware within the app.

However, its limited functionality makes it better suited for crypto users looking to secure large portfolios rather than active day traders who need to open and close positions at a rapid pace, even though it supports over 20 different blockchains.

On the hardware side, Ledger’s range of crypto cold storage wallets is truly impressive. Combining solid security with sleek and stylish designs, products like the Ledger Nano, Ledger Stax, and Ledger Flex have quickly become iconic — the crypto equivalent of an Apple iPhone or iPod. We also liked Ledger’s range of accessories (including cases and chargers) that make holding crypto feel as real as it gets.

What Is a Wallet With an Exchange?

A crypto wallet with an exchange is a piece of software that lets you store and manage your digital assets while also providing a built-in trading platform, usually in the form of a decentralized exchange (DEX). This combo offers the security of a self-custody wallet and the convenience of buying, selling, and swapping cryptocurrencies without relying on separate services or transferring funds.

Since modern crypto wallets with exchanges can connect to a wide range of blockchain networks and allow you to manage and trade various crypto assets, they offer unparalleled convenience to crypto enthusiasts worldwide.

The Advantages of Wallets With Exchanges

When considering whether or not a crypto wallet with an exchange is the right choice for you, it’s important to bear in mind a number of key factors. First, we’ll look at some of the advantages of these products – and then we’ll also explore some of the potential drawbacks.

Stronger Security

Security is arguably the most important advantage provided by modern crypto wallets. As global crypto adoption continues to increase, bad actors such as hackers and scammers are employing more and more sophisticated techniques aimed at stealing their victims’ crypto assets. With a crypto wallet, you always retain control of your private keys – so you can feel safe knowing that access to your funds will remain as secure as you can possibly make it.

Ease of Use and Convenience

Alongside security, modern crypto wallets also provide maximum convenience and are designed to be easy to use. Crypto wallets with exchanges achieve this by combining powerful functionalities (such as swapping and trading crypto) with the security and portability of a normal crypto wallet.

Unlike traditional trading platforms, the trading interfaces used by these special crypto wallets normally connect users to decentralized crypto exchanges and services. This means you can maintain exclusive access to your cryptos while enjoying the experience of trading, investing, and profiting from your efforts.

Faster Trading Speed

By removing the need to move your funds out of your crypto wallet and onto a separate exchange, crypto wallets with built-in exchanges make it easier than ever to trade and invest at the highest speeds possible. If the market moves in your favor, you might need to move quickly to maximize your profits – but this can be difficult when using a normal self-custody crypto wallet. When your crypto wallet has an exchange built-in, the faster trading speed can mean the difference between missing an opportunity or taking advantage of it.

Reduced Risk of Transaction Errors

Since crypto wallets with exchanges are designed to be simple and easy to use, you can also benefit from a lower probability of potentially disastrous mistakes. For example, if you send some crypto to the wrong wallet address (or even get one character of a wallet address wrong), you could easily lose those funds forever.

Modern crypto wallets normally provide some safeguards to protect users from these mistakes (such as popup messages or automated address checking), making the whole process less complex and easier to manage.

Drawbacks of Wallets With Exchanges

A crypto wallet with an exchange can be an incredibly powerful tool for modern investors and traders – but there are sometimes drawbacks to consider, too. In this section, we’ll go through some examples of why traders may not want to use a wallet created on an exchange.

Limited Trading Pairs

Sometimes, crypto wallets with exchanges only offer a limited number of trading pairs. This means fewer options to capitalize on the best trading and investment opportunities that might be available at a given moment.

This ultimately limits your ability to profit from crypto trading and investments – and even if you move your funds to another platform, it might be too late by the time the funds arrive at their destination.

Higher Trading Fees

Trading fees reduce the amount of profit you can make from a given trade – and although these fees typically add up to a relatively negligible amount for investors who hold highly profitable investments for long periods of time, they can significantly impact the profitability of short-term trading strategies.

Day traders, in particular, can find it difficult to make profitable trades if a platform’s trading fees are too high, making fees an important consideration for users looking to open positions for hours or even minutes before closing them again.

It’s also worth noting that some crypto wallets with built-in exchanges provide access to multiple trading service providers – each of which determines its own trading fees and spreads (the difference between the price shown to a buyer and the price shown to the seller).

Lack of Liquidity

Investors looking to manage large portfolios (and day traders looking to quickly jump in and out of positions) can find it difficult to manage their investments and trades during low-liquidity conditions.

The lower the volume of trading activity taking place at a particular time, the easier it is for large buys and sells to move crypto prices by significant amounts – and slippage also becomes a problem.

Potential liquidity issues may be less of a concern for users who can tolerate higher price volatility and unpredictable order execution, but investors and traders aiming for maximum control and near-perfect execution can find them problematic.

Fewer Trading Tools Available

Highly experienced traders can eventually develop an “eye” for good trades and be able to apply detailed and effective analysis simply by looking at a chart without the assistance of drawing tools and technical indicators.

That said, many other traders still prefer to apply more advanced technical analysis programs (such as personally customized trading indicators) and pixel-perfect drawings before making their own trading decisions.

Both options are valid – but crypto wallets with exchanges usually provide relatively few technical analysis options, and some “swap” interfaces do not include charts at all (requiring users to find a relevant or similar chart on a platform like TradingView instead).

For day traders (and investors looking to make their buys and sells as perfect as possible), a lack of technical analysis tools can make decision-making difficult. However, this ultimately comes down to the user’s individual trading and investment style.

Who Are In-Wallet Exchanges Suitable For?

Casual and Beginner Traders

Crypto wallets with exchanges offer a simple and accessible way to trade cryptocurrencies and invest while providing enhanced security and control through self-custody. This makes them a great option for casual users and beginners who want to gain some crypto experience before exploring more advanced trading and investment platforms.

If you’re a beginner, you can also benefit from experimenting with as many trading and investment approaches as possible, helping you quickly gain experience and learn which styles work best for you.

Low Volume Traders

As we saw earlier, traders using crypto wallets with built-in exchanges can encounter low liquidity conditions, leading to slippage and high price volatility. These issues can be highly problematic for day traders and investors who manage large portfolios.

However, low-volume traders (who open relatively small positions and make relatively few buys and sells) may be less concerned about liquidity issues, as they’re looking to gain experience or perhaps make massive profits from investments in crypto presales or low-cap tokens.

Security-Conscious Traders

Although the crypto industry is a fun and exciting world to explore, protecting yourself against bad actors like hackers and scammers is vitally important. Traders and investors who prioritize security will find crypto wallets with exchanges to be a perfect solution, enabling self-custody and access to trading platforms.

As these products become increasingly popular, issues like low liquidity and limited trading pairs will eventually be resolved. So, exploring crypto wallets with built-in exchanges is a good idea for finding an option that works for you.

Conclusion

Throughout this article, we’ve examined the best crypto wallets with exchanges. We’ve considered the top five wallet options, considered the pros and cons of each product (and crypto wallets with exchanges in general), and revealed some fascinating insights into each choice.

Overall, our top choice for the best crypto wallet with an exchange is Best Wallet due to its innovative features, focus on user experience, security and reliability, and access to all of the best crypto presales in the industry right now.

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