Best Crypto Wallet 2023

The number of blockchain wallet users in July 2013 was nearly 0.36 million. As per recent estimates, that number has surged to a phenomenal figure of approximately 75 million. It is no wonder that such growth in the cryptocurrency wallet market would leave many wondering which wallet to choose.

In this Wealth Rocket article, we’ll focus on the best crypto wallets, aiming to steer you through the market by presenting you with a calculated list of the best wallets for crypto. Note that this list includes both hardware wallets and software wallets, an important distinction in the world of crypto-storage.

2. Ledger Nano S

The Ledger Nano S is a little more than 16 grams in weight, with dimensions of 56.95mm by 17.4 mm by 9.1 mm. Made of brushed stainless steel and plastic, the device does not require any battery.

Like Nano X, Ledger Nano S is also compatible with the Ledger Live app. Both the wallets offer secure offline storage.

With the wallet, you can buy and exchange your assets in seconds. The wallet supports all the major currencies, such as Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Stellar, and more. You can run the device on a 64-bits desktop computer and Android 7+ smartphones.

Additional Details:

• Cryptocurrencies: 1,100+
• Platforms Supported: Windows 8+, macOS 10.10+ and Linux
• Colors: Matte Black, Saffron Yellow, Flamingo Pink, Jade Green, Lagoon Blue, and transparent
• Box Contents: USB cable
• Security: Available with CC EAL5+ certification and ST31H320 secure chips

3. Trezor Model T

Weighing only 22 grams, the Trezor Model T is 64mm by 39mm by 10mm in size. It comes with a bright color LCD screen that carries a resolution of 240 by 240 pixels. Additionally, it runs on a 168 MHz embedded ARM processor.

The wallet supports almost all the leading currencies in the crypto market, including Bitcoin, Litecoin, Ethereum, Ethereum Classic, Dash, and more.

It also has unmatched customer service with a dedicated specialist team working 24/7.

With the Treznor Model T, users can easily recover their entire wallet with a 12-word recovery seed. It also has a password manager that keeps the passwords individually locked.

This hard crypto wallet also works as a Universal 2nd-Factor or U2F hardware token, whose trusted display can show you the details of the authentication request before approval and confirmation.

Additional Details:

• Certifications: CE and ROHS certified, meeting all quality, reliability, and environmental standards
• Box Contents: The device comes with a USB-C connector.
• Durability: Can operate within a temperature range of -20 degrees to +60 degrees.
• Cost: US $190
• Cryptocurrencies: 1,200+
• Platforms Supported: Windows (version 10 or newer), MacOS (version 10.11 and higher), Linux

4. Trezor One

The Trezor One weighs only 12 grams. Its dimensions are 60mm by 30mm by 6mm. Its bright OLED screen comes with 128 by 64 pixels of resolution and can show six lines of text at once.

Like the Model T, the Trezor One also serves as a U2F hardware token. On mobile devices, the wallet currently only supports Android and is not yet compatible with iOS or Windows Phone. Another downside to the Trezor One is that it is not compatible with ChromeOS and works via Google’s WebUSB right now.

Additional Details:

• Cost: US $59
• Cryptocurrencies: 1,000+
• Platforms Supported: Windows (version 10 or newer), MacOS (version 10.11 and higher), Android, Linux
• Security: CE and ROHS certified.
• Box Contents: Micro USB connector included for both computer and mobile.
• Hardware: Can sustain a broad temperature range between -20-degrees centigrade and +60-degrees centigrade.

5. KeepKey

The stress-free security features of the KeepKey hardware wallet helps you generate and manage your private keys offline in cold storage.

Its large display offers clarity, and through its ShapeShift integration, you can exchange cryptocurrencies directly from the wallet.

With KeepKey, you can send, receive, and store many leading tokens and coins, including Ethereum, Bitcoin, Litecoin, Dash, and more.

Apart from PIN protection, the device has additional passphrase protection.

Its transaction speeds are customizable, and wallet-holders can store an unlimited number of web addresses on a single device.

Additional Details:

• Cost: $45
• Supported Cryptocurrencies: 1,000+
• Supported Platforms: Windows, macOS, Linux, Android

2. Guarda

Apart from the Guarda mobile wallet that you can download from the Apple and Google Play stores, Guarda also has a web wallet, a mobile wallet, and a chrome extension.

With Guarda, you can stake, exchange, buy, and earn a wide variety of popular, new, and high-growth potential crypto assets, including Bitcoin, Ethereum, and more. It is compatible with thousands of assets and runs on Windows 64 bits.

3. BRD

BRD, an open-source mobile wallet, is available for download both on the iOS app store and the Google Play Store. It is available for free and you do not need to incur any cost to download or run it.

With BRD, you are in full control of your keys and send and receive funds anonymously. BRD services are available in nearly 170 countries and the wallet supports more than 70 currencies.

The wallet has several enticing features including iCloud key backup, transaction search, stablecoin support, Tezos staking, customizable widgets, switchable nodes, transaction nodes, variable transaction fees, and more.

4. Edge

The Edge mobile wallet is available for both iOS and Android. You can buy, store, and trade dozens of cryptocurrencies using Edge. You can also hold your assets for the short term and the long term, and seamlessly shift between the currencies. It also facilitates the exchange of fiat currencies.

Edge has a partnership with some of the top blockchain services around the world, including Wyre, Simplex, LibertyX, Changelly, and more. The zero-edge security feature of Edge does not require any information from the user.

Software wallets are non-physical programs that you download and run on your computer or smartphone. It has full encryption and needs a password to access the coins that you hold or store.

The difference between a hardware wallet and a software wallet is primarily evident in two aspects of use: convenience and security.

A hardware wallet is more secure since it keeps the funds offline most of the time. Software wallets, on the other hand, stay connected to the internet. Malware or virus may run in the background and your passcode may get recorded by a hacker.

A software wallet is easy and convenient to run, as you do not need to connect a device and link it to your exchange each time you make a transaction.

The choice of a wallet would depend on whether you prioritize convenience or security. If you decide to go for a hardware wallet, you would have to look at its cost and whether it suits your budget.

There are other aspects to look at as well. For instance, the currencies it supports, the payment methods you can integrate, and more.