Michelle Legge
By Michelle LeggeHead of Crypto Tax Education
Updated Jul 10, 2024
This article has been fact checked and reviewed as per our editorial policy.

Best Crypto Wallets in 2024

In search of the ultimate cryptocurrency wallet for 2024? Our guide unveils the top 16 picks, tailored to meet diverse investor needs and requirements.

What are the best crypto wallets in 2024?

WalletTypeBlockchains supportedIdeal for
Coinbase WalletHot11+All-round use
MetaMaskHot11+Ethereum DeFi
Trust WalletHot100+BNB Smart Chain DeFi
TrezorCold90+Offline, secure storage
LedgerCold90+Offline, secure storage
Bitget WalletHot90+Integrated trading
ElectrumHotBitcoinBitcoin investors
Atomic WalletHot100+Multi-chain investors
EdgeHot40+iOS users
CoinomiHot125+Android users
ExodusHot20+Desktop users
GuardaHot50+Data privacy
PhantomHotSolanaSolana DeFi
YoroiHotCardanoADA DeFi and staking
XummHotRippleXRP DeFi
EnjinHot17NFTs

Coinbase Wallet

Coinbase Wallet by Coinbase, is a self-custodial mobile app and browser extension. Coinbase Wallet links smoothly with Coinbase Exchange, but you can also use Coinbase Wallet with a bunch of dApps like Uniswap, Compound, PancakeSwap, and Aave. A big draw is its high-quality security with features like 2FA and AES-256 encryption.

  • Cryptocurrencies: Bitcoin, Dogecoin, Ethereum, Litecoin, Polygon, Ripple, Solana, and 5000+ more

  • Cost: Free excluding network fees

  • Why we love it: Coinbase Wallet is a non-custodial, hot wallet with top security that's easy to use

Read next: Coinbase versus Coinbase Wallet

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MetaMask

MetaMask is one of the biggest and best crypto DeFi wallets, with more than 21 million users! It’s an excellent choice for a non-custodial hot wallet for Ethereum investors, although it also supports many other blockchains including BSC, Polygon, Avalanche, and more - you'll need to configure your MetaMask wallet to do this though. MetaMask lets you interact with a world of DeFi opportunities, all you need to do is head to your chosen dapp and use the MetaMask browser extension or mobile app to connect and you’ll be able to buy, trade, stake, farm, and more in minutes.

  • Cryptocurrencies: MetaMask is primarily built for the Ethereum blockchain, however, it also supports many other blockchains including BSC, Polygon, and more

  • Cost: MetaMask is free to use, but you’ll pay gas fees on transactions

  • Why we love it: Strong dapp support and a wealth of user guides to help you learn

Read next: Is MetaMask Safe?

Connect MetaMask with Koinly

Trust Wallet

As with MetaMask, Trust Wallet is actually a multi-chain wallet, so it can support a variety of blockchains including Ethereum. It’s known as one of the best BNB smart chain wallets available. Trust Wallet is actually owned by crypto behemoth Binance and offers all the features you'd expect of a top crypto wallet - you can buy, trade, stake, farm, and more with a feast of DeFi investment opportunities at your fingertips.

  • Cryptocurrencies: Trust Wallet supports more than 4.5 million assets in total and 65 blockchains, including BNB, ETH, BTC, SOL, MASTIC, and more

  • Cost: Trust Wallet is free to download although you’ll pay standard gas fees for transactions

  • Why we love it: Strong multi-chain support, dapp support, and SSO with Koinly for your taxes!

Connect Trust Wallet with Koinly

Trezor & Ledger

There are so many secure hardware wallets available for your crypto - but the best cold wallet for you will depend on your price range… which is why we picked two, the Trezor Model T and the Ledger Nano X.

Trezor Model T

The Trezor Model T is widely considered one of the most secure and best hardware wallets for cryptocurrency. Trezor Model T keeps your keys (and your crypto) safe by storing your keys for you on the device, isolated from online vulnerabilities. The hardware wallet has a touchscreen that investors can use to agree to all transactions and operations - so you always have complete control of your crypto. The device also works with a number of third-party hot wallets including Exodus, MetaMask, and Electrum.

  • Storage type: Trezor Model T is a cold wallet

  • Cryptocurrencies: Trezor Model T supports more than 1,400 coins including BTC, ETH, ADA, and USDT

  • Cost: Trezor Model T is $179, excluding taxes and shipping

  • Why we love it: Colour touch screen and open-source software

Connect Trezor with Koinly

Ledger Nano X

A more affordable option for the best crypto hardware wallet is the Ledger Nano X. A compact and lightweight device, the Ledger Nano X connects via USB and Bluetooth to both PC and mobile devices. It also has a display screen that allows you to verify transaction details while you're using the device. All Ledger devices come with Ledger Live app support. This app lets investors buy, exchange, and lend crypto, as well as access a variety of smart services including dApps and NFTs.

  • Storage type: Ledger Nano X is a cold wallet

  • Cryptocurrencies: The Ledger Nano X supports more than 5,000 cryptocurrencies

  • Cost: The Ledger Nano X is $149, excluding taxes and shipping

  • Why we love it: Mobile app and Bluetooth connectivity


    Connect Ledger with Koinly

    Read next: Ledger vs. Trezor: Which is Better?

Security tip!

Avoid buying a hardware crypto wallet secondhand or from any other vendor other than the manufacturer. Hardware wallets from other vendors or secondhand hardware wallets may be compromised.

Electrum

Electrum is one of the best Bitcoin wallets, offering a safe and secure way to store your Bitcoin. Electrum wallet is an open-source Bitcoin-only wallet that supports the Bitcoin Lightning Network. Which means your transactions are almost instantaneous. The wallet offers a fairly simple interface and is hardware compatible so you can (and!) use a combination of both Electrum and a hardware wallet if you decide to pick this as your wallet.

  • Cryptocurrencies: Electrum only supports Bitcoin

  • Cost: Free!

  • Why we love it: Electrum is compatible with hardware wallets like Ledger and Trezor

Connect Electrum with Koinly

Security tip!

Electrum has been the target of multiple phishing scams since 2019. The most common scam is to send Electrum users a fake message telling them to update their wallet, where the link to update includes malware that steals the user’s Bitcoin the next time they log in to their Electrum wallet. So far more than $22 million (1,980 BTC) has been lost to this scam. Always be hyper vigilant of any emails supposedly from Electrum. Electrum will never send you a link to download an update. You should only ever download or update Electrum from electrum.org.

Bitget Wallet

Bitget Wallet serves over 12 million users across 168 countries with a wide array of services and features. The multi-chain asset management platform comes furnished with Bitget Swap - a feature that aggregates liquidity from over 100 different DEXs, providing users with the best prices available for their trades. Boasting support for over 20 mainnets, real-time candlestick charts, a unique 'borrowed gas' feature, as well as multiple trading modes, users can rest assured that Bitget Swap meets all their trading needs. 

  • Cryptocurrencies:  Bitget Wallet supports over 255,400 different tokens across more than 90 blockchains

  • Cost: Bitget Wallet is free to use excluding network fees

  • Why we love it: Bitget Wallet has an integrated in-app staking feature, OTC on-ramp purchases, and even a launchpad

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Atomic Wallet

Atomic Wallet is a non-custodial, decentralized wallet that supports multiple cryptocurrencies and blockchains, with more than 4 million users around the world. Atomic Wallet connects to Atomic Swap, where you can buy and sell crypto from your wallet using credit or debit cards and even get up to 1% cashback when you do.

  • Cryptocurrencies: Atomic Wallet supports more than 500 cryptocurrencies.

  • Cost: Atomic Wallet is free to use, although you’ll pay network fees on transactions.

  • Why we love it: In-app staking, Atomic Swap integration, and multi-chain support.

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Edge

Edge offers iOS users (and Android users!) an easy way to manage all their crypto assets securely. Edge Wallet has attracted more than 3.3 million downloads in 179 countries, thanks to multi-asset support and features like in-app buying and selling. Edge keeps your crypto secure all in one app - all you need is a username and password (or PIN or Biometric login), user data is encrypted and automatically backed up so if you ever lose your device, your assets are right where you left them.

  • Supported coins: Edge supports Bitcoin, Ethereum (and all ERC-20 tokens), Litecoin, EOS, Stellar, Ripple, Dash, Monero, and more

  • Cost: Edge is free to download, although you’ll pay transaction fees and network fees

  • Why we love it: Simple user experience, ideal for newbies on iOS in particular

Connect Edge with Koinly

Coinomi

Coinomi is a secure crypto wallet and one of the best crypto wallets for Android users. Coinomi has a huge range of supported assets - racking up an impressive list of more than 1,770 cryptocurrencies. Strong wallet encryption and cryptography ensure your private keys never leave your device. Other features that make Coinomi an excellent choice for investors are cold staking, zero fees, and native segwit support.

  • Cryptocurrencies: Coinomi supports more than 1,770 cryptocurrencies

  • Cost: Coinomi is free to use, although you’ll pay network fees

  • Why we love it: Native segwit support, strong encryption, and cold staking

Connect Coinomi with Koinly

Exodus

Exodus is a non-custodial wallet available on desktop that comes with a range of appealing features for investors. Not only does Exodus support more than 225 crypto assets, but other features include live charts and portfolio tracking, a built-in exchange, staking, and even a compound finance app. One of the reasons the desktop version of Exodus is particularly popular with investors is Exodus' integration with Trezor hardware.

  • Cryptocurrencies: Exodus supports more than 225 cryptocurrencies

  • Cost: Exodus is free to download but you’ll pay network fees as standard

  • Why we love it: Compatibility with Trezor devices and integrated dapps

Connect Exodus with Koinly

Guarda

Like many of the other wallets in this article, Guarda is a multi-asset, non-custodial, software wallet that supports more than 400,000 crypto assets across 50 blockchains. But what makes Guarda stand out of the crowd is a strong focus on the right to confidentiality and the security of personal data. As such, you'll never be asked for any private info when creating your Guarda wallet - so your user data, and your crypto is yours alone. Guarda never asks for private info and doesn't store private keys on the company's servers.

  • Cryptocurrencies: Guarda supports more than 400,000 crypto assets

  • Cost: Guarda is free to download and use, but there are in-app purchase fees

  • Why we love it: Champions for user anonymity and data privacy

Connect Guarda with Koinly

Phantom

Phantom is one of the most popular and best Solana wallets - giving you all the tools you need to explore the Solana ecosystem. Phantom is a non-custodial wallet, so your data and crypto stay with you at all times. For additional security, Phantom has Ledger hardware support and biometric authentication to help keep your keys safe and secure.

  • Cryptocurrencies: Phantom is a Solana wallet

  • Cost: Phantom is free to use but you’ll pay standard network fees for transfers and transactions

  • Why we love it: Mobile and desktop apps, alongside Ledger hardware support

Read next: What are the best Solana wallets?

Connect Phantom with Koinly

Yoroi

Yoroi is a light, non-custodial wallet for Cardano (and Ergo) that lets investors send, receive and stake ADA to earn rewards and interact with the Cardano DeFi ecosystem. One of the many reasons Yoroi is so popular is because it allows for non-custodial staking without downloading a full node wallet - like Daedalus. Yoroi keeps your ADA secure by encrypting your private keys and never sharing your data with servers or third-party providers.

  • Cryptocurrencies: Yoroi supports the Cardano blockchain, as well as the smaller Ergo blockchain

  • Cost: Yoroi is free to use, though you’ll pay standard network fees

  • Why we love it: Lightweight ADA wallet with staking

Read next: What are the best Cardano wallets?

Connect Yoroi with Koinly

Xaman

Formerly Xumm, Xaman is a great choice as one of the best XRP wallets, letting investors interact with the XRP ledger and a huge variety of third-party tools in the XRP ecosystem. Xaman takes your security seriously - so you can keep your crypto safe with a passcode or biometric data. All third-party apps available on Xaman are vetted, while Tangem cards let you hold your keys in a Ledger hardware device and spend with ease.

  • Cryptocurrencies: Xaman supports the XRP ledger

  • Cost: Xaman is free to download but you’ll pay network fees as usual on transactions

  • Why we love it: Mobile and desktop support, as well as vetted third-party app integration

Connect xumm with Koinly

Enjin

Enjin lets you buy, sell, swap, and manage your NFTs all from one platform. Enjin Wallet connects directly to the Enjin Marketplace - one of the leading marketplaces for NFT collectors, where you can discover, trade, and collect digital art, gaming collectibles, and more. More experienced NFT investors will appreciate features like custom fees and limits, easy import from all other major blockchain wallets, and the token auto-add function.

  • Cryptocurrencies: Enjin wallet supports BTC, ETH (and ERC-20 tokens, ERC-721 and ERC-1155 blockchain assets), LTC, BNB, DOGE, DOT, and KSM

  • Cost: Enjin Wallet is free to download, although you’ll pay standard network fees for transactions

  • Why we love it: Ideal for NFTs thanks to integration with Enjin marketplace

Connect Enjin with Koinly

Our selection process to find the best crypto wallets

We started by setting clear criteria for each wallet category, such as security, ease of use, supported assets, and compatibility with various devices.

  • In-depth research: Our team delved deep into the crypto world, exploring every nook and cranny of available wallets. We looked at their security features, user reviews, supported cryptocurrencies, interfaces and any unique offerings.

  • Crypto expert insights: To ensure accuracy and expertise, we engaged crypto professionals. Their insights helped us evaluate the technical aspects, security measures, and overall performance of the wallets.

  • User feedback matters: We paid close attention to what users like you are saying. User feedback, whether positive or negative, plays a crucial role in understanding real-world experiences.

  • Security is a priority: We examined encryption methods, two-factor authentication, seed phrase management, and recent security audits to ensure your assets stay safe.

  • Assets and compatibility: We checked the list of supported cryptocurrencies and assessed compatibility with different devices (iOS, Android, PC) to ensure you have choices that match your preferences.

  • Spotting uniqueness: What makes each wallet special? We identified unique features that set each wallet apart, from integrations with exchanges to staking capabilities.

  • Community trust: Your trust matters. We considered the community's engagement level and checked for regular updates, a sign of ongoing support and commitment.

  • Ease of use: We know not everyone is a crypto expert, so we evaluated the user interfaces for simplicity and ease of use.

  • Privacy measures: For wallets that prioritize privacy, we examined the measures in place to protect your information and transaction details.

Disclaimer
The information on this website is for general information only. It should not be taken as constituting professional advice from Koinly. Koinly is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances. Koinly is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.