Best Multisig Wallet

Cold wallets are safer than hot wallets as they keep your funds offline, away from the risks of potential online attacks.^[1] Unfortunately, most hardware wallets aren’t optimized for multi-signature transactions, until Ledger stepped in as one of the pioneers to change the game.

Since its founding in 2024, Ledger has been at the forefront of crypto wallet security. This leading approach has earned a global following, evident in its sale of over 7 million devices worldwide (and counting). Today, an estimated 20% of crypto value globally is kept safely in Ledger wallets.

Multisig has always been supported from the get-go, but there was an issue. Specifically, Ledger's Bitcoin app couldn’t fully verify if it was signing the correct multisig wallet, as it couldn’t register all the keys involved.

However, since the update of Ledger Bitcoin App 2.0, the problem has no longer persisted. The company worked closely with Unchained in an open-source setting to help Bitcoin users enhance their asset safety with multi-signature.

One of Ledger’s top and brand-new models is Flex, which packs a punch of security features, such as the CC EAL6+ certification and Ledger’s proprietary operating system. That’s why it’ll be the focus in this section of my best multisig wallet guide.

📚 Read More: Best Hardware Crypto Wallets

Key Features

Ledger Flex is superior for the following features:

• HMAC Policy Registration System. Ledger uses HMACs (hash-based message authentication codes) to safely register and verify multisig wallets without storing sensitive data on the device.^[2] This allows you to easily confirm the wallet's integrity during each transaction, ensuring you’re always signing the correct setup without relying on any internet-connected tools.
• Secure E Ink Screen. Ledger Flex, alongside Ledger Stax, are amongst the first in the world to adopt the E Ink® touchscreen, ensuring “what you see is what you sign”.
• Thousands of Supported Assets. Store ETH, SOL, DOGE, or thousands of other coins and NFTs securely. If you have BTC, Ledger’s upgrade to MuSig 2 helps enhance privacy and reduce transaction fees.
• Security Key. If you think that keeping passwords is a hassle, the device allows you to conveniently sign in with its Security Key, which is an app that can be installed for free.
• Ledger Live Integration. Whether you’re looking to simply manage your crypto or explore the wide possibilities of DeFi through staking or swapping, Ledger Live is your companion app.

Based on the features above, it’s safe to say that Ledger is one of the best Bitcoin multisig wallets, especially for long-term storage.

If you’re searching for a multisig wallet example with a clean record of zero hacking incidents (as of now), CoolWallet comes out as an answer. The company has released three models so far, including Go and S. But I will focus on the Pro version, since it’s equipped with the multisig feature.

What makes CoolWallet Pro so cool? For starters, it’s a hardware wallet. This type of crypto storage is generally regarded as more secure than the hot counterparts, which are more vulnerable to Bitcoin scams, phishing, hacking, and malware attempts.

Couple that with multi-signature, and you can sleep soundly without any nightmares about losing funds overnight.

This setup can be a win-win solution for both individuals and organizations. As a trader, think of multisig as a two-factor authentication (2FA) mechanism. For DAO or NFT teams, transactions that need more than one member’s approval can be streamlined, since multiple parties have access to the wallet.

Key Features

There are even cooler features you can get with CoolWallet Pro, such as:

• Stealth Security. Your funds are locked inside a CC EAL6+ secure element, which is the highest standard as of writing.
• Private Keys. Whether you’re an individual or part of a team, every transaction requiring multiple signatures is fully protected by CoolWallet Pro, combining the best of both worlds: decentralization and security.
• Gnosis Safe Integration. CoolWallet’s cold storage is conveniently paired with Gnosis Safe’s multisig technology, delivering a personalized and flexible digital asset management experience.
• Multi-Network and Asset Support. More than 35+ blockchains and 2,000+ tokens are supported, including all ERC-721 and ERC-1155 NFTs. EVM-compatible custom network support is also available.
• Built for Convenience. Directly connect CoolWallet Pro to your phone via encrypted Bluetooth for a secure wireless connection, or use a cable to link it to your PC. The device can also run up to two months on a single charge.

As you can see, multi-signature wallets and security don’t have to go separate ways. You can get both in one package with CoolWallet Pro.

📚 Read More: How to Recover a Crypto Wallet

Some traders prefer built-in exchange wallets for simplicity. Most of the time, they’re free and easy to set up, unlike hardware wallets. If you’re one of these traders, you’d probably like the Bybit Web3 Wallet. It’s a hot and custodial solution that is especially great for DeFi users.

Similar to other multisig wallet examples in the industry, Bybit uses a “two-of-three” system. In other words, any two out of three authorized signers are needed to validate a transaction.

In 2025, Bybit was exposed to a cyberattack by the North Korea-based Lazarus Group. Thankfully, the team acted swiftly in restoring public trust, immediately recovering 88% of the lost assets using its reserves. Plus, the wallet remains a favorite in the community, as it has recently celebrated 10 million users in 2024.

Aside from the Web3 Wallet, Bybit offers two alternative options: Keyless and Seed Phrase Wallets. The difference between the two mainly lies in the custodial VS non-custodial nature.

Uniquely, the Keyless Wallet uses multi-party computation (MPC). This setup is somewhat similar to multi-signature, but instead of relying on multiple keys, MPC generates a single private key that is shared among several parties.

📚 Read More: How to Manage Multiple Crypto Wallets

Key Features

Bybit Web3 Wallet has made major strides with the following features and improvements:

• Manage Multiple Wallets. Track all your portfolios in one multisig environment. Add a watch-only wallet and focus on tracking what’s important.
• Multi-Platform Compatibility. Easily access your wallet via the browser extension or the mobile app.
• Broad dApp Support. Browse trending dApps across different ecosystems. Explore rising meme coins on Pump.fun, try out lightning-fast trading on Jupiter, and more.
• Rewarding Opportunities. Snag your airdrop rewards from up-and-coming promising projects on Airdrop Arcade or earn up to 30% APY with one-click staking.
• Efficient Swapping. Travel across 20+ chains and find the best rate for your token swaps or bridges. Discover more than 10k+ tokens, including the hottest hits like WIF or POPCAT.

Simply put, the Bybit Web3 Wallet is your secure gateway to navigating the DeFi world, backed by robust multisig support.

When it comes to ranking, whether it’s about exchanges with the highest trading volumes or the best multisig wallets, OKX’s name constantly pops up. The platform offers a hot non-custodial wallet for DeFi, ideal for those who want full control over their private keys.

Recently, the OKX Web3 Wallet integrated Asigna, a multisig platform that supports Bitcoin, BRC-20 tokens, Stacks, and Ordinals.

While some people might think that this third-party integration creates a hassle, it doesn’t change anything with how to create a multisig wallet on OKX. If you’re an avid user of Chrome extensions, you’re probably familiar with the whole ordeal. Simply connect the wallet on your browser to Asigna to enable multi-signature.

Moreover, with the multi-signature extension, you can open more possibilities, such as accessing Bitcoin-based applications on L1 and L2s.

Key Features

Still on the topic of possibilities, the OKX Web3 Wallet has a lot to offer, namely:

• sBTC Bridging. By syncing your wallet with Asigna’s platform, you can bridge native BTC to synthetic BTC on the Stacks chain to improve your liquidity.
• BTC Stacking. Get rewarded in Bitcoin by stacking your STX in a multi-signature wallet.
• Multiple Account Management. Manage up to 1,000 sub-accounts and fully take control of your private keys.
• Diverse Capabilities. Put your assets to work by staking them, swap thousands of supported tokens from easy to advanced mode, and analyze real-time data for your next move.
• World-Class Security. Apart from multisig as its security feature, the wallet employs proactive protection from malicious smart contracts, domains, or other threats. It also receives regular audits from top-tier cybersecurity and blockchain firms.

All in all, OKX is one of the best Bitcoin multisig wallets. Furthermore, its collaboration with Asigna unlocks features rarely offered by other providers, such as sBTC bridging and BTC stacking.

Many assume multisig is exclusive to Bitcoin, but the technology has evolved and is now widely used on Ethereum, too. One of the most trusted wallets supporting this is Safe{Wallet}, even Vitalik Buterin (yes, the Ethereum co-founder) swears by it.

One time, he also publicly shared that he stored 90% of his personal funds in Safe{Wallet}. Here’s why he’s a firm believer in multi-signature:

M-of-N, some keys held by you (but not enough to block recovery), the rest held by other people you trust. Don't reveal who those other people are, even to each other.

Decentralize your own security.

Thanks to his endorsement, public interest in Safe surged. So far, the wallet has handled $340 M+ transactions and stored $100B assets from users worldwide.

On top of that, Safe{Wallet} is used by well-renowned organizations in Web3, such as Aave, Chainlink, and Starknet. It is also free to set up, available on the App Store and Google Play, and multi-platform compatible.

Key Features

Is Safe truly one of the best multisig crypto wallets? The following features make a strong case:

• Fully Decentralized. Staying true to crypto’s core principle of decentralization, Safe brings true ownership to the people through its open-source framework. In addition, its roadmap and future direction are guided collectively by an active DAO governance.
• Multi-Chain Interoperability. Safe brings multisig functionality across networks, including Base, Arbitrum, Optimism, Polygon zkEVM, and 10+ others.
• Transaction Simulation. If you’re ever uncertain about a transaction, Safe offers a risk-free environment to simulate it beforehand, with a built-in scanner to flag any potential risks so you can confidently hit send.
• Easy Account Restoration. In case you lose access to your account, no need to panic because the wallet is designed with secure recovery mechanisms that’ll help you quickly regain ownership.
• Diverse Use Cases. Stake Ethereum, swap like a pro, execute batch transactions, and explore 200+ apps, including NFT marketplaces, in one place.

It’s fair to say that Safe is one of the best multi-signature wallets, and security is an area where it makes no compromises. From transaction simulation that flags risks before you sign to instant account recovery, it keeps your funds in control and well-protected.

📚 Read More: How to Recover a Crypto Wallet

Talking about the best multisig wallets, it’s hard to leave BitGo out. The US-based digital asset infrastructure has worked with major players in crypto, including Kraken, to implement multi-signature functionality into their operations.

And if you’re a US trader, you no longer have to feel restricted by the country’s tight crypto regulations. BitGo offers a way out as a fully compliant wallet.

Moreover, this multisig crypto wallet actually focuses on programmable blockchains like Ethereum. It uses smart contracts to generate 3 keys, one held by the user, one by BitGo, and another in a backup vault.

Best of all, the platform provides both cold and hot wallets. For the hardware version, you can choose between custody and self-custody.

Key Features

As you can imply from above, BitGo’s case is pretty unique, enabling multi-signature functionality on Ethereum even if it’s not the main aspect of the protocol. The following features also make the wallet more impressive:

• Advanced Multisig for Ethereum and Beyond. BitGo’s multisig set up, leveraging smart contracts, mirrors the flexibility of Unspent Transaction Output (UTXO) in Bitcoin wallets. In simpler terms, you can create multiple receiving addresses, which isn’t usually possible with Ethereum wallets.
• 2-of-3 Signature. On a single on-chain transaction, BitGo allows the collection of 2-of-3 signatures. Additionally, transactions are highly transparent, since users can see details like the contract sequence ID and unique identifier.
• Smart Contract Control With Customizable Security. One key is funded to cover gas fees, while the other two are locked, secured, and reserved for recovery. For advanced key management, you can also use Shamir’s Secret Sharing (SSS) to shard your key, a backup method also used by the trusted wallet provider Trezor.
• Multiple Wallet Management (Enterprise Only). Create a dedicated wallet for each asset to enhance asset management.
• Multisig or MPC. The wallet offers two powerful ways to protect your assets: multisig or MPC. Depending on the blockchain you’re using, BitGo will choose the method that works best while maintaining the same level of security.

So yes, when it comes to multisig functionality, BitGo is a full-stack solution. While there is a learning curve, its advanced features make it a strong choice for experienced users. Honestly, a lot is going on with this wallet, so I recommend giving its review a read for a fuller understanding.

Electrum might be one of the oldest wallets out there, but it stays ahead by embracing modern security features like multisig support. Mainly, it is a Bitcoin-focused wallet and has been serving BTC believers since 2011. That was when the coin was still trading at $4.70!

The hot wallet is available as a desktop application for macOS, Linux, and Windows, and also as a mobile app for Android.

Beyond multi-signature, Electrum’s unique selling proposition lies in its low resource usage. As users don’t have to download the entire blockchain, transactions are blazing fast.

On top of that, you can create a multisig wallet with customizable configurations. I’ll touch on that more below.

Key Features

Let’s take a look at the features that make Electrum deserve a spot among the best Bitcoin multisig wallets:

• Customizable Multisig. Create multiple multisig wallets and take control of the configurations, such as 2-of-3 or 3-of-5. Since several private keys are required for processing a transaction, the wallet boosts security while eliminating single points of failure.
• Seamless Hardware Wallet Integration. Ensure that your private keys never leave your hardware device to prevent hackers from stealing your funds. Additionally, by connecting your cold wallet to Electrum, you can activate multisig functionality if it’s not natively supported.
• Proven Privacy. No more strangers snooping on your payment activity or private information. Use the Tor network to mask your IP address and enhance anonymity.
• Legacy Address Support. Take advantage of multi-signature to receive Bitcoin from older wallets or exchanges.
• Lightning Network Integration. Speed up your transaction and save on gas fees in the process by turning this network on.

The only drawback of Electrum is its outdated user interface, which can feel clunky and may be off-putting for some users. That said, its comprehensive features easily outweigh such a small limitation for most.