Best Crypto Wallets of July 2025

Zac McClure
ByZac McClure, MBAReviewed byArthur Teller, CPAUpdated on July 1, 2025 · minute read
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  • Ledger is still the gold-standard for cold storage, Coinbase Wallet makes self-custody simple for newcomers, MetaMask powers the Ethereum ecosystem, Trust Wallet offers multichain access on mobile, BitBox focuses on minimalist Bitcoin security, and Leather excels for users exploring Ordinals.

  • A reliable crypto wallet is the gatekeeper to your digital assets, protecting private keys from hackers while giving you the flexibility to trade, stake, and interact with NFTs or DeFi whenever you need.

We reviewed eleven leading wallets against these metrics: code-audit history, seed-phrase encryption method, supported chains, hardware-wallet interoperability, built-in staking yield, NFT handling, mobile UX score, and recovery-tool reliability. The results crown Ledger as the most secure cold device, Coinbase Wallet as the easiest on-ramp for newcomers, MetaMask as the top pick for Ethereum dApps, Trust Wallet for multichain access on mobile, BitBox for Bitcoin-only cold storage, and Leather for advanced Ordinals support.

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What are the best crypto wallets?

A crypto wallet should align with your security needs, asset compatibility, and everyday usage. Always double-check a wallet’s support for your favorite blockchains before downloading or purchasing it. Here’s a quick look at some of our top picks:

  • Coinbase Wallet for an easy-to-use hot wallet backed by a major exchange.

  • Ledger for unrivaled cold storage and advanced security features.

  • BitBox if your focus is solely on Bitcoin in a hardware wallet format.

And here are summaries and in-depth reviews to help you quickly compare features and choose the best wallet for crypto.

Best hot wallets summary

Hot WalletBest ForSupported AssetsStaking/DeFiRating
Coinbase WalletBest hot crypto wallet overallThousands (BTC, ETH, DOGE...)Yes 4.8/5
MetaMask Best crypto wallet for Ethereum users ERC-20 tokens, Layer 2 solutionsYes (ETH-based) 4.7/5
Trust Wallet Best crypto wallet for mobile 100+ blockchainsYes 4.6/5

Tip: Hot wallets are ideal for frequent trading, interacting with dApps, and exploring NFT marketplaces. However, always keep your private keys safe and be wary of phishing attempts.

3 best hot wallets

Coinbase Wallet

Best hot crypto wallet overall

Coinbase Wallet is a user-friendly, self-custodial wallet that integrates seamlessly with Coinbase’s ecosystem. It supports thousands of cryptocurrencies, NFTs, and DeFi.

Key Features

  • Supported Assets: Thousands, including major cryptocurrencies (BTC, ETH, LTC, SOL).

  • Cold/Online Convert: Yes, can connect with Ledger.

  • Staking/DeFi: Yes, multiple DeFi protocols accessible.

MetaMask

Best crypto wallet for Ethereum users

MetaMask is the go-to wallet for Ethereum, ERC-20 tokens, and dApps, offering a browser extension and mobile app that sync easily.

Key Features

  • Supported Assets: ERC-20 tokens, L2 solutions (Polygon)

  • Cold/Online Convert: Partial (hardware wallet connection)

  • Staking/DeFi: Yes, mostly for Ethereum-based tokens

Trust Wallet

Best crypto wallet for mobile

Trust Wallet is Binance’s official mobile wallet, supporting 100+ blockchains and various built-in features, including staking.

Key Features

  • Supported Assets: 100+ blockchains (BTC, ETH, BNB, LTC, etc.)

  • Cold/Online Convert: Yes, can link to Ledger via browser extension

  • Staking/DeFi: Yes, multiple coins with built-in staking

Best cold wallets summary

Cold WalletBest ForSupported AssetsStaking/DeFiRating
LedgerBest cold crypto wallet overall5,500+ cryptocurrenciesYes4.9/5
KeepKeyBest cold wallet for beginners~7,000 assetsNo4.2/5
TrezorBest hardware crypto wallet for Android1,000+ cryptocurrenciesLimited4.1/5

Tip: Cold wallets store private keys offline, preventing online hackers from accessing your funds. They’re perfect for long-term holding or large crypto balances.

3 best cold wallets

Ledger

Best cold crypto wallet overall

Ledger devices offer strong offline security, support 5,500+ assets, and work seamlessly with various DeFi platforms.

Key Features

  • Supported Assets: 5,500+

  • Cold/Online Convert: N/A (always cold)

  • Staking/DeFi: Yes, via Ledger Live

KeepKey

Best cold wallet for beginners

KeepKey is known for its simplicity and affordability, supporting 7,000+ assets. It can also connect to WalletConnect dApps, albeit with limited advanced features.

Key Features

  • Supported Assets: ~7,000

  • Cold/Online Convert: N/A

  • Staking/DeFi: No built-in staking

Trezor

Best hardware crypto wallet for Android users

Trezor pioneered hardware wallets, supporting 1,000+ cryptos. Its open-source software fosters strong community trust.

Key Features

  • Supported Assets: 1,000+

  • Cold/Online Convert: N/A

  • Staking/DeFi: Limited (via external integrations)

Best Bitcoin wallets summary

Bitcoin WalletBest ForKey FeaturesStaking/DeFiRating
BitBoxBest Bitcoin hardware wallet for beginnersBitcoin-only firmware, Specter integrationNo4.3/5
ElectrumBest Bitcoin wallet for advanced usersCustomizable security, open-source codeNo4.2/5
ExodusBest crypto wallet for Bitcoin overallMulti-device, direct staking/trading, NFTsYes4.4/5
LeatherBest Bitcoin wallet for advanced functionalityOrdinals & NFT support, advanced featuresSome (BTC only)4.5/5

Tip: If you’re focused on Bitcoin alone, specialized wallets can provide features like advanced security, multi-sig, or Ordinals support. However, they may not support other chains.

4 best Bitcoin wallets

BitBox

Best Bitcoin hardware wallet for beginners

BitBox focuses on secure and simple Bitcoin storage. Its Bitcoin-only edition boosts security by minimizing code complexity.

Key Features

  • Supported Assets: Bitcoin-only firmware

  • Cold/Online Convert: N/A (it’s hardware-based)

  • Staking/DeFi: No

Electrum

Best Bitcoin wallet for advanced users

Electrum is a desktop-based wallet for serious Bitcoin users, offering advanced security features like multi-sig and customization.

Key Features

  • Supported Assets: Bitcoin only

  • Cold/Online Convert: Yes (can integrate Trezor or Ledger)

  • Staking/DeFi: No

Exodus

Best crypto wallet for Bitcoin overall

Exodus supports multiple platforms and offers an intuitive interface for managing Bitcoin alongside other cryptos.

Key Features

  • Supported Assets: 300+ cryptos, strong focus on BTC

  • Cold/Online Convert: Yes (Trezor integration)

  • Staking/DeFi: Yes (limited selection)

Leather

Best Bitcoin wallet for advanced functionality

Leather is tailored to advanced Bitcoin users seeking Ordinals and NFT support. It integrates seamlessly with modern Bitcoin-layer tools.

Key Features

  • Supported Assets: Bitcoin, Ordinals, digital artifacts

  • Cold/Online Convert: Some (hardware wallet link)

  • Staking/DeFi: Some (BTC-based DeFi)

What is a hot wallet?

A hot wallet is continuously connected to the internet, enabling quick transactions and easy access to DeFi, staking, and NFT minting. Examples include Coinbase Wallet and Trust Wallet.

What is a cold wallet?

A cold wallet (hardware or offline wallet) stores your private keys in a device not connected to the internet. While less convenient for frequent trades, it offers strong defense against hacks. Examples include Ledger and Trezor.

Tip: If you plan to hold large amounts long-term, consider cold storage to mitigate online risks.

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How to choose a crypto wallet

When selecting the best wallet for crypto, weigh these factors:

  • Security: Cold wallets are safer but less convenient. Hot wallets ease daily transactions.

  • Asset support: Some wallets favor Bitcoin, while others accommodate many blockchains or tokens.

  • Staking/DeFi: Check if the wallet supports on-chain staking or DeFi protocols.

  • Fees: Some wallets charge network fees or have exchange/spread markups.

  • Ease of use: Beginners often need simpler interfaces; advanced users prefer more customization.

How to get a crypto wallet

Hot Wallet Steps

  1. Download a reputable wallet app or extension.

  2. Generate or secure your seed phrase.

  3. Transfer or buy crypto directly within the wallet if available.

Cold Wallet Steps

  1. Purchase from the official manufacturer (e.g. Ledger, Trezor).

  2. Follow the setup instructions to create a PIN and recovery phrase.

  3. Transfer crypto from an exchange or hot wallet to your new cold wallet address.

Tip: Always back up your seed phrase or recovery words in a secure, offline location. Losing your seed phrase means losing access to your crypto.

Best crypto wallet FAQs

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Zac McClure
Zac McClureCo-Founder & CEO at TokenTax
Zac co-founded TokenTax after his career in international finance and accounting at JPMorgan, Imprint Capital and Bain. He has worked in more than half-dozen countries and received his MBA from the UPenn Wharton School.
Arthur Teller
Reviewed byArthur TellerCOO (Former) at TokenTax
Arthur came to TokenTax after 12 years at KPMG. A specialist in partnership taxation and enterprise tax software, he is a licensed CPA in both California and Illinois and a member of the AICPA.

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