11 Best Crypto Wallets for 2025 Compared
As we head into 2025, securing your cryptocurrency investments is more critical than ever. The rise of decentralized finance (DeFi), NFTs, and cross-chain transactions means that investors need wallets that go beyond basic storage. Today’s top crypto wallets aren’t just about security — they offer seamless access to DApps, staking rewards, and multi-asset support to maximize your earning potential.
Crypto wallets come in two main types: cold wallets and hot wallets. Cold wallets prioritize offline storage for maximum security, making them ideal for long-term investors. On the other hand, hot wallets are connected to the internet, offering greater convenience and real-time access for everyday transactions.
Choosing the right wallet depends on your investment style. Cold wallets are best for those prioritizing security and safeguarding large holdings, while hot wallets are great for users who need instant access to their assets to trade, interact with DApps, or buy NFTs.
In this guide, we compare the 11 best crypto wallets for 2025, covering both hot and cold options to help you find the perfect balance of security, usability, and features to protect and grow your digital assets.
What Are Crypto Cold Wallets and Hot Wallets?
When it comes to storing cryptocurrencies, wallets fall into two main categories: cold wallets and hot wallets. Understanding their differences is essential for protecting your digital assets and optimizing your crypto strategy.
Cold Wallets: Maximum security for long-term storage
A cold wallet is an offline wallet that isn’t connected to the internet. This makes it highly secure and virtually immune to hacking attempts. Cold wallets are ideal for investors who prioritize security and are holding crypto for the long term. Examples include hardware wallets like Ledger Nano X and Trezor Model T.
Pros of Cold Wallets:
- Offers maximum security by being offline
- Immune to online hacking and phishing attacks
- Suitable for long-term storage of large crypto holdings
- Non-custodial, meaning users retain full control of their private keys
Cons of Cold Wallets:
- Less convenient for frequent transactions
- Requires manual setup and extra steps to access funds
- Can be expensive, especially for hardware wallets
Hot Wallets: Convenience for everyday use
A hot wallet is a digital wallet connected to the internet. It provides instant access to your crypto assets, making it suitable for frequent transactions and interacting with decentralized applications (DApps). Popular examples include MetaMask, Trust Wallet, and Coinbase Wallet.
Pros of Hot Wallets:
- Easy to use and beginner-friendly
- Provides real-time access to funds
- Integrates with DApps for DeFi, NFTs, and staking
- Many hot wallets are free to use
Cons of Hot Wallets:
- Vulnerable to hacks and phishing attacks
- Less secure compared to cold wallets
- Requires regular software updates to maintain security
Key differences between cold wallets and hot wallets
Feature | Cold Wallets | Hot Wallets |
---|---|---|
Internet Connection | No (Offline) | Yes (Online) |
Security | High (Less risk of hacking) | Moderate (Vulnerable to online attacks) |
Accessibility | Low (Requires extra steps to access funds) | High (Instant access to funds) |
Cost | Paid (Hardware wallets can be expensive) | Free or Low-Cost (Most hot wallets are free) |
Usage | Best for long-term storage | Best for daily transactions and DApp interactions |
Private Key Control | User-controlled (Non-custodial) | User-controlled (Non-custodial) |
Examples | Ledger Nano X, Trezor Model T, SafePal S1, BitBox02 | MetaMask, Trust Wallet, Coinbase Wallet, Exodus, Crypto.com Onchain, Zengo |
When to Use a Cold Wallet vs. Hot Wallet
- Use a cold wallet if you're holding large amounts of cryptocurrency for the long term and prioritize security.
- Use a hot wallet if you need frequent access to your funds for trading, interacting with DApps, or buying NFTs.
In practice, many investors use both wallet types to strike a balance between security and convenience.
Here are the 11 best crypto wallets (2025)
Wallet | Type | Supported Cryptos | Platform | Security Features | Cost | Best For |
---|---|---|---|---|---|---|
Ledger Nano X | Cold Wallet | 5,500+ | Hardware | PIN, 24-word seed phrase | $149 | Long-term investors |
MetaMask | Hot Wallet | Ethereum & EVM | Browser, Mobile | Private key encryption | Free | DeFi users |
Trezor Model T | Cold Wallet | 1,800+ | Hardware | Shamir Backup, PIN | $219 | Security-focused users |
Exodus | Hot Wallet | 260+ | Desktop, Mobile | Password, Recovery phrase | Free | Beginners |
Trust Wallet | Hot Wallet | 4.5M+ tokens | Mobile | Private key control | Free | Mobile-first users |
Coinbase Wallet | Hot Wallet | Multiple | Browser, Mobile | Biometric authentication | Free | Coinbase users |
Crypto.com onchain | Hot Wallet | 1000+ | Desktop, Mobile | Encrypted private keys | Free | Self-custory |
Zengo | Hot Wallet | 120+ | Mobile | 3FA (Email, Cloud Backup, 3D FaceLock), MPC | Free / $19.99/month | Users seeking a secure, seedless wallet |
Guarda | Hot Wallet | 400,000+ | Web, Mobile, Desktop | AES Encryption, Ledger integration | Free | Users seeking an all-in-one crypto management solution |
SafePal S1 | Cold Wallet | 30,000+ tokens | Hardware | Air-gapped device | $49.99 | Budget cold storage |
BitBox02 | Cold Wallet | Bitcoin, Litecoin, Cardano, Ethereum and ERC20 tokens | Hardware | MicroSD backup | $128 | Privacy-conscious users |
Ledger Nano X
Type: Cold Wallet
Platform: Hardware (Bluetooth and USB-C)
Supported Cryptos: 5,500+ coins and tokens
Cost: $149
Best For: Long-term investors looking for maximum security.
Key Features:
- Offline storage ensures your private keys are kept secure from online threats.
- Bluetooth connectivity allows you to manage your wallet via mobile devices.
- Supports staking for popular cryptocurrencies.
- Works with the Ledger Live app to manage assets, track portfolio performance, and access DeFi.
Pros:
✔️ High security with offline storage.
✔️ Supports a wide range of cryptocurrencies.
✔️ DeFi and NFT compatibility through Ledger Live.
✔️ Easy to recover funds using a 24-word seed phrase.
Cons:
❌ Expensive compared to other wallets.
❌ Some users have concerns about Bluetooth security risks.
❌ Learning curve for beginners.
Why choose Ledger Nano X?
If you’re holding large amounts of crypto or plan to store your assets long-term, the Ledger Nano X is one of the most secure options available.
MetaMask
Type: Hot Wallet
Platform: Browser Extension, Mobile App
Supported Cryptos: Ethereum & EVM-compatible networks
Cost: Free
Best For: DeFi users, NFT collectors, and those frequently interacting with decentralized applications (DApps).
Key Features:
- Seed Phrase Recovery: 12-word seed phrase for wallet recovery.
- Local Storage: Private keys are stored locally on the user’s device, reducing the risk of large-scale data breaches.
- Phishing Protection: Built-in alerts to prevent users from interacting with malicious sites.
- Hardware Wallet Compatibility: Supports Ledger and Trezor integration for added security.
Pros:
✔️ User-friendly for both beginners and advanced users.
✔️ Wide compatibility with DApps and NFT platforms.
✔️ Offers custom RPC configuration for privacy-focused users.
✔️ Supports hardware wallets for increased security.
Cons:
❌ Online storage makes it more vulnerable to phishing and malware attacks.
❌ Browser extension risks can expose users to additional vulnerabilities.
❌ Limited multi-chain support compared to other wallets.
Why choose MetaMask?
MetaMask is a popular choice for DeFi enthusiasts due to its seamless integration with decentralized apps and Web3 platforms. It’s best suited for users who need real-time access to their crypto and NFTs.
Trezor Model T
Type: Cold Wallet
Platform: Hardware (USB-C connection)
Supported Cryptos: 1,800+ coins and tokens
Cost: $129
Best For: Security-focused users and long-term investors who prioritize privacy.
Key Features:
- Touchscreen Interface: The color touchscreen makes it more user-friendly compared to traditional hardware wallets.
- Shamir Backup: Offers an advanced recovery option that splits your recovery seed into multiple shares for extra security.
- Passphrase Protection: Allows users to add an extra passphrase for enhanced privacy.
- Open-Source Firmware: Fully open-source, ensuring transparency and community audits.
Pros:
✔️ High security with offline storage and multiple layers of protection.
✔️ Supports a wide range of cryptocurrencies and tokens.
✔️ User-friendly touchscreen interface makes navigation easier.
✔️ Shamir Backup provides an innovative way to secure your recovery seed.
Cons:
❌ Expensive compared to other hardware wallets.
❌ No Bluetooth support, making mobile use less convenient.
❌ Requires manual setup, which can be complex for beginners.
Why choose Trezor Model T?
The Trezor Model T is ideal for users who prioritize privacy and security. Its Shamir Backup feature and open-source firmware make it a top choice for crypto holders looking for maximum control over their assets.
Exodus
Type: Hot Wallet
Platform: Desktop, Mobile, Browser Extension
Supported Cryptos: 260+ coins and tokens, including Bitcoin, Ethereum, and ERC-20 tokens
Cost: Free
Best For: Crypto users looking for a user-friendly wallet with built-in exchange and staking features.
Key Features:
- Built-in Exchange: Users can swap cryptocurrencies directly within the wallet without needing a third-party exchange.
- NFT Support: Exodus offers an NFT marketplace and gallery, supporting NFTs on the Solana network.
- Staking Rewards: Users can stake popular assets like Solana, Cardano, and Cosmos to earn passive income.
- Trezor Integration: Secure your assets by integrating with the Trezor hardware wallet for added protection.
Pros:
✔️ Beautiful and intuitive interface suitable for beginners and advanced users.
✔️ Multi-device support across desktop, mobile, and browser extension.
✔️ No KYC required to use the wallet.
✔️ Extensive customer support with a robust knowledge base.
Cons:
❌ Not fully open-source, which may concern users seeking complete transparency.
❌ No two-factor authentication (2FA), which is a standard security feature in many wallets.
❌ Hot wallet vulnerabilities, meaning it’s connected to the internet and thus more susceptible to attacks.
Why choose Exodus Wallet?
Exodus is ideal for crypto users who prioritize ease of use and functionality. Its built-in exchange, NFT support, and staking options make it a versatile choice for managing crypto assets without leaving the wallet interface. Pair it with a Trezor hardware wallet for enhanced security.
Trust Wallet
Type: Hot Wallet
Platform: Mobile (iOS, Android), Browser Extension
Supported Cryptos: 1 million+ digital assets across 100+ blockchains
Cost: Free
Best For: Users seeking a mobile-first wallet with staking, DApp access, and a large variety of supported tokens.
Key Features:
- Multi-Asset Support: Supports millions of tokens, including ERC-20, BEP-20, and NFTs.
- Staking: Users can stake multiple assets, like BNB, TRX, ATOM, and XTZ, directly within the app to earn passive income.
- DApp Browser: Built-in Web3 browser that connects to popular DApps like Uniswap, PancakeSwap, and Compound.
- DEX Integration: Users can swap tokens directly within the wallet via Trust Wallet’s native decentralized exchange (DEX).
Pros:
✔️ User-friendly interface makes it easy to set up and use.
✔️ Non-custodial — users retain full control of private keys.
✔️ Wide asset and NFT support across various blockchains.
✔️ No KYC required for wallet setup.
✔️ Open-source code available for transparency and security.
Cons:
❌ No two-factor authentication (2FA) for extra security.
❌ Hot wallet vulnerabilities as it’s connected to the internet.
❌ Limited customer support — responses can be slow.
Why choose Trust Wallet?
Trust Wallet is ideal for mobile-first users who want to securely store a wide range of cryptocurrencies and NFTs. It offers staking rewards and DApp integration, making it a versatile choice for interacting with decentralized finance (DeFi) and Web3.
Coinbase Wallet
Type: Hot Wallet
Platform: Mobile (iOS, Android), Browser Extension
Supported Cryptos: Bitcoin, Ethereum, ERC-20 tokens, and thousands more
Cost: Free
Best For: Users looking for seamless access to DApps, NFTs, and DeFi with robust security features.
Key Features:
- Non-Custodial: Users retain full control of their private keys, stored securely on their devices.
- Security Measures: Offers biometric authentication, encrypted backups, and Secure Enclave for protecting private keys.
- NFT Support: Allows users to store, view, and manage NFTs directly within the wallet.
- Ledger Integration: Compatible with Ledger hardware wallets for added security.
- DApp and DeFi Access: Easily connect to decentralized applications and finance platforms.
Pros:
✔️ User-friendly interface for beginners and experienced users.
✔️ Seamless integration with the Coinbase exchange for easy transfers.
✔️ Multi-platform availability across mobile and desktop.
✔️ Supports a wide range of digital assets, including NFTs.
✔️ Built-in staking options for earning rewards.
Cons:
❌ Internet connectivity required, increasing security risks compared to cold wallets.
❌ Lacks some advanced customization features available in other wallets.
Why choose Coinbase Wallet?
Coinbase Wallet is ideal for users who want a secure, multi-functional wallet with direct access to DApps and NFTs. Its integration with the Coinbase ecosystem makes it convenient for users who already have a Coinbase account, while Ledger support offers enhanced security.
Crypto.com Onchain
Type: Hot Wallet
Platform: Mobile App (iOS, Android), Desktop App, Browser Extension
Supported Cryptos: 1,000+ tokens across 30 blockchains (including Ethereum, Cosmos, and Crypto.org Chain)
Cost: Free (transaction fees apply)
Best For: DeFi users seeking self-custody, security, and versatility with extensive token swap and staking features.
Key Features:
- Non-Custodial Security: Complete control over private keys and funds with industry-standard security protocols like 2FA and biometric ID.
- Broad Crypto & NFT Support: Supports over 1,000 cryptocurrencies and various NFT formats across Ethereum, Polygon, and Crypto.org Chain.
- Cross-Device Compatibility: Access your wallet through mobile apps, desktop, and browser extensions for seamless crypto management on the go.
- Integrated Token Swaps: Swap tokens across different blockchains with adjustable slippage tolerance and access to multiple DeFi pools.
- DeFi Earn: Direct integration with leading DeFi protocols (like Compound, Yearn, and Cosmos Staking) to earn passive income.
- dApp Connectivity: Easily link your wallet to decentralized applications (dApps) for trading, NFT minting, gaming, and more.
Pros:
✔️ Secure non-custodial wallet with full control over assets.
✔️ Supports a wide range of cryptos and NFTs.
✔️ Cross-platform access for flexible asset management.
✔️ Built-in DeFi features like staking and token swaps.
✔️ No KYC required for setup, enhancing privacy.
Cons:
❌ Too advanced for beginners unfamiliar with self-custody.
❌ Transaction fees can vary based on network activity (e.g., Ethereum gas fees).
Why choose Crypto.com DeFi Wallet?
The Crypto.com DeFi Wallet is perfect for users who prioritize self-custody, security, and flexibility in managing their crypto and DeFi assets. Its broad compatibility across devices and DeFi integrations makes it a powerful choice for experienced crypto users looking to explore passive income opportunities while maintaining control over their funds.
Zengo
Type: Mobile Non-Custodial Wallet (MPC Technology)
Platform: Mobile App (iOS, Android)
Supported Cryptos: 120+ assets across Ethereum, Bitcoin, BNB Chain, Polygon, Dogecoin, Tezos
Cost: Free version (Zengo Essentials) / Paid version (Zengo Pro: $19.99/month or $199.99/year)
Best For: Users seeking an easy, secure self-custody wallet without traditional seed phrases.
Key Features:
- No Seed Phrase Vulnerability: Uses Multi-Party Computation (MPC) technology to split security keys into two parts, eliminating the risk of losing private keys.
- 3FA (Three-Factor Authentication): Combines email, cloud backup, and 3D FaceLock biometrics to secure access and recover wallets.
- Guaranteed Account Recovery: Unique recovery system even if Zengo servers go offline or the company ceases operations.
- Built-In Buy/Sell/Swap Features: Users can buy, sell, and swap crypto directly within the wallet using third-party services like MoonPay and Banxa.
- Web3 Firewall: Provides real-time risk assessments for transactions to protect users from scams and phishing attacks.
- NFT Support: Manage NFTs on Ethereum and Polygon networks with built-in spam filters and customizable galleries.
Pros:
✔️ No private key management, making it beginner-friendly and highly secure.
✔️ Guaranteed recovery process to regain access even if Zengo servers fail.
✔️ Web3 firewall protects users from scams and phishing attempts.
✔️ Cross-chain swaps and multi-chain support.
✔️ Fiat on/off ramp for buying and withdrawing funds directly to a bank account.
Cons:
❌ Limited asset support compared to other wallets like Trust Wallet.
❌ Advanced features like DeFi and dApps require WalletConnect integration.
❌ Cannot extract private keys, which may not appeal to advanced users.
Why choose Zengo Wallet?
The Zengo Wallet is perfect for users looking for self-custody without the complexity of traditional wallets. With its no-seed-phrase recovery system and multi-layer security protocols, Zengo offers a secure, user-friendly solution for managing crypto and NFTs. However, the limited asset support and reliance on third-party providers for transactions may be drawbacks for more advanced users.
Guarda
Type: Non-Custodial Multi-Platform Wallet (Web, Mobile, Desktop, Chrome Extension)
Platform: iOS, Android, Web, Desktop
Supported Cryptos: Over 400,000 assets, including BTC, ETH, ADA, and TRX
Cost: Free
Best For: Users seeking a secure, feature-rich wallet for managing a wide variety of cryptocurrencies, with built-in staking, loans, and a prepaid Visa card option.
Key Features:
- Multi-Platform Access: Available on web, desktop, mobile, and as a browser extension, making it versatile for users across devices.
- Staking Support: Stake 14 cryptocurrencies, including Ethereum (3%), Cardano (5%), and Cosmos (10%), directly from the wallet.
- Guarda Token Creator: Create and deploy custom ERC-20 tokens with ease.
- Crypto Loans: Borrow stablecoins or crypto using existing holdings as collateral with interest rates ranging from 12% to 17% APR.
- Prepaid Visa Card: Spend crypto anywhere Visa is accepted, currently available in select European regions.
- Ledger Integration: Connect with Ledger Nano X and S Plus for enhanced security.
Pros:
✔️ Supports 400,000+ cryptocurrencies, making it one of the most versatile wallets.
✔️ Non-custodial approach ensures full user control over funds.
✔️ Built-in staking, crypto loans, and token creation.
✔️ Offers a prepaid Visa card for crypto transactions.
✔️ Strong encryption algorithms (AES) and integration with Ledger hardware wallets.
Cons:
❌ Prepaid Visa card is restricted to select European regions.
❌ Software wallets are inherently less secure than hardware wallets.
❌ Limited withdrawal and transaction limits on prepaid cards.
Why choose Guarda Wallet?
Guarda Wallet offers a robust and user-friendly experience for crypto enthusiasts of all levels. Its multi-platform compatibility, combined with features like staking, crypto loans, and a prepaid Visa card, makes it a top choice for those looking for an all-in-one solution. While software wallets have inherent risks, Guarda mitigates these through advanced encryption and Ledger integration. Whether you want to store, stake, trade, or spend your crypto, Guarda provides a comprehensive and secure solution.
SafePal S1
Type: Air-Gapped Hardware Wallet
Platform: SafePal App (iOS/Android)
Supported Cryptos: Over 30,000 tokens across 100+ blockchains
Price: $49.99
Best For: Users seeking offline security, NFT management, and DeFi integration at an affordable price.
Key Features:
- Air-Gapped Technology: Operates entirely offline with QR code verification. No WiFi, Bluetooth, or USB connectivity, reducing exposure to online attacks.
- EAL 5+ Secure Element: Bank-grade security for storing private keys in a tamper-proof environment.
- Anti-Tampering Self-Destruct Mechanism: Wipes sensitive data if physical tampering is detected.
- Multi-Currency Support: Compatible with over 30,000 tokens across 100+ blockchains, including Bitcoin, Ethereum, Binance Coin, and DeFi tokens.
- NFT and DeFi Integration: Users can manage NFT collections and interact with DeFi platforms directly through the SafePal App.
- Compact Design: Credit card-sized for easy portability.
- Rechargeable Battery: Lasts up to 420 hours on standby.
Pros:
✔️ Affordable pricing for high-end security.
✔️ Protects against online and physical attacks.
✔️ Supports NFTs and DeFi apps.
✔️ Multi-currency compatibility for diverse portfolios.
✔️ Lightweight, portable design.
✔️ Backed by Binance, enhancing credibility.
Cons:
❌ No Bluetooth or USB support — only QR code-based operations.
❌ Requires recharging.
❌ Might be challenging for complete beginners unfamiliar with hardware wallets.
Why choose SafePal S1?
The SafePal S1 is ideal for crypto users seeking maximum offline security without breaking the bank. With its air-gapped design, self-destruct mechanism, and multi-currency support, it ensures your assets are safe from both online and physical threats. Its NFT and DeFi compatibility also make it a modern solution for crypto users engaged in the Web3 ecosystem.
BitBox 02
Type: Air-Gapped Hardware Wallet
Platform: BitBoxApp (Windows/macOS/Linux/Android)
Supported Cryptos: Bitcoin, Ethereum, Litecoin, Cardano, and 1,500+ ERC-20 tokens
Price: $129
Best For: Users seeking an open-source, highly secure wallet with DeFi support.
Key Features:
- Open-Source Firmware: Ensures complete transparency. The code is publicly accessible for auditing by security experts and the community.
- EAL 5+ Secure Element: Provides bank-grade protection, securing private keys in a tamper-proof environment to safeguard against both software and physical attacks.
- Air-Gapped Design: No Bluetooth, WiFi, or NFC connections. Transactions are verified via USB-C, keeping the device isolated from online threats.
- Anti-Tampering Mechanism: If tampering is detected, sensitive data is automatically wiped, ensuring that your crypto assets remain safe.
- DeFi and NFT Support: Connect to Ethereum-based dApps and manage NFT collections through the BitBoxApp, enabling secure interaction with the DeFi ecosystem.
- BitBoxApp Compatibility: Available on desktop (Windows, macOS, Linux) and mobile (Android). Supports multi-language interface for global users.
Pros:
✔️ Open-source firmware for maximum transparency
✔️ Bank-grade security with EAL 5+ secure element
✔️ Simple setup process, suitable for beginners
✔️ Supports major cryptocurrencies and DeFi tokens
✔️ Compact, portable design
✔️ Regular external security audits and bug bounty program
Cons:
❌ No iOS support for the mobile app
❌ Limited multi-chain support compared to competitors
❌ Slightly expensive for a less mainstream wallet
Why choose BitBox02?
The BitBox02 is ideal for users prioritizing security and privacy. Its open-source nature ensures transparency, while features like the EAL 5+ secure element and anti-tampering mechanism provide peace of mind. The wallet’s DeFi and NFT integration makes it a great choice for modern crypto users who want to interact with dApps safely.
What are the differences between Non-Custodial Crypto Wallets and Crypto Exchanges
When it comes to storing your cryptocurrency, there are two main options: non-custodial crypto wallets and crypto exchanges. Both serve the purpose of holding your digital assets, but they come with vastly different security models and user responsibilities. Here’s a breakdown of how they differ:
Non-Custodial Crypto Wallets: You own your keys
A non-custodial wallet gives you complete control over your cryptocurrency. You hold your private keys — a unique code that allows you to access your crypto. Without this key, no one, not even the wallet provider, can access your funds.
Benefits of Non-Custodial Wallets:
✔️ Full Control: You own your private keys, giving you sole access to your funds.
✔️ Higher Security: Assets are less vulnerable to exchange hacks.
✔️ Privacy: No need to provide personal information to use a non-custodial wallet.
Risks of Non-Custodial Wallets:
❌ User Responsibility: If you lose your private key or recovery phrase, you lose access to your funds.
❌ No Customer Support: Unlike exchanges, you can’t contact a support team to recover lost keys.
Crypto Exchanges: Third-party custody
When you store your crypto on an exchange wallet, you’re entrusting a third party (the exchange) to keep your private keys secure. This means that while you can access your crypto through your exchange account, the exchange itself holds the private keys on your behalf.
Benefits of Exchange Wallets:
✔️ Ease of Use: Convenient for buying, selling, and trading crypto.
✔️ Backup and Recovery: If you lose your login credentials, exchanges usually offer recovery options.
✔️ Integrated Services: Many exchanges offer staking, lending, and other features.
Risks of Exchange Wallets:
❌ Less Security: You’re vulnerable to hacks and exchange shutdowns.
❌ Lack of Control: The exchange holds your private keys, meaning you don’t have full control over your assets.
❌ Potential Restrictions: Exchanges can freeze accounts or restrict withdrawals.
Quick comparison: Non-Custodial Wallets vs. Exchanges
Feature | Non-Custodial Wallets | Crypto Exchanges |
---|---|---|
Private Key Ownership | You own your keys | Exchange owns your keys |
Security | Higher (if managed properly) | Lower (due to hacking risks) |
Ease of Use | Requires setup and backup | User-friendly and integrated services |
Accessibility | Offline access possible | Requires internet and exchange access |
Risk | Risk of losing keys | Risk of exchange hacks or shutdowns |
How to move crypto from an exchange to a crypto wallet
Moving your cryptocurrency from an exchange to a wallet is an essential step to take control of your digital assets. Here’s how to do it in a few simple steps:
Step 1: Set up your crypto wallet
- Download a non-custodial wallet (e.g., MetaMask, Trust Wallet, or a hardware wallet like Ledger or SafePal).
- Generate your recovery phrase and private key, and store them securely offline.
Step 2: Get your wallet address
- Open your wallet and select the cryptocurrency you want to receive (e.g., Bitcoin or Ethereum).
- Copy your public wallet address. This is a string of characters that others use to send crypto to you.
- Double-check the address to ensure it matches the wallet you’re using. Sending crypto to the wrong address can result in permanent loss of funds.
Step 3: Log In to your crypto exchange
- Go to the exchange where you purchased your crypto (e.g., Binance, Coinbase).
- Navigate to the Withdraw section.
Step 4: Initiate the withdrawal
- Select the cryptocurrency you want to transfer.
- Paste your wallet address in the recipient field.
- Choose the network carefully (e.g., Ethereum or Bitcoin network). If you select the wrong network, your funds could be lost.
Step 5: Confirm the transaction
- Double-check the wallet address and transaction details.
- Click Confirm to initiate the withdrawal.
Most exchanges will require you to verify your withdrawal via email or two-factor authentication (2FA). Once verified, the transaction will be processed.
Step 6: Wait for the transaction to complete
- Depending on the blockchain network’s speed, the transfer can take a few minutes to an hour.
- Once the transaction is confirmed on the blockchain, you’ll see the funds appear in your wallet.
How do I track the value of my crypto across different wallets?
To track the value of your cryptocurrency holdings across multiple wallets and exchanges, crypto portfolio trackers are essential tools. These apps and platforms sync your crypto data, showing real-time portfolio value, profit/loss metrics, and market insights in a single dashboard.
What is a crypto portfolio tracker?
A crypto portfolio tracker is an app that consolidates your crypto holdings from various wallets, exchanges, and blockchain networks into a single view. These tools help investors track their portfolio value in fiat currencies, monitor performance, and rebalance assets efficiently.
Key features to look for in a good portfolio tracker include:
- Automatic integrations with exchanges and wallets to save time.
- Security measures to protect user data.
- Tax reporting capabilities to simplify crypto tax filings.
Here's a breakdown of the top crypto portfolio trackers and their unique features:
Best crypto portfolio trackers in 2025
Platform | Best For | Price |
---|---|---|
CoinLedger | Portfolio tracking + tax reporting | Free (paid tax reports) |
Delta | Trade insights + multi-asset tracking | Free up to 2 wallets ($12.99/mo) |
CryptoCompare | Market analysis | Free (up to 100,000 API calls) |
CoinMarketCap | Manual entry | Free |
Crypto Pro | Apple ecosystem (iPhone/Apple Watch) | Free to start ($7.99/mo) |
Kubera | Multi-asset tracking (stocks, crypto, websites) | $150/year |
CoinStats | Wallet with portfolio tracking | Free for 1,000 transactions |
Your Keys, Your Future
As we enter a more mature era of crypto adoption, securing your assets isn’t just optional — it’s essential. Whether you're an active DeFi user or a long-term holder, the right crypto wallet can make all the difference in protecting your funds and enabling your growth.
In 2025, wallets are no longer just vaults, they’re gateways to the broader Web3 ecosystem: staking, NFTs, DApps, and beyond. Choosing between a hot wallet and a cold wallet comes down to how you use your crypto. Many seasoned investors use both: a cold wallet for secure storage, and a hot wallet for everyday transactions.
No matter which wallet you choose, remember: ownership in crypto begins with custody. Taking control of your private keys is the first step to becoming a truly empowered investor.