Best Web3 Wallet

If you’re looking for one of the best Web3 wallets to surf into dApps, then Ledger Flex is your friend. In terms of security, it adopts one of the highest grades of security chips out there, certified with the CC EAL 6+ standard that is competitive to obtain.

Even its touchscreen is well-protected with best-in-class security, particularly with the E Ink technology.

Understandably, navigating dApps can be a challenge, especially when you have to constantly second-guess your transaction details. But Ledger Flex is one of the very few wallets in the market that can actually decipher those cryptographic terms and present them to you in human-readable forms.

Not only are your transactions more tamper-proof, but Ledger Flex also makes your Web3 trading more convenient. It supports 5,000 coin and token variations, including top-tier and DeFi selections like Chainlink, Avalanche, and Uniswap.

Plus, with Ledger Live, Flex’s companion app, you can trade and stake those assets across a range of Web3 apps. Best of all, you can not only store cryptocurrencies but also over 500 Ethereum- and Polygon-based NFTs.

Ledger Flex is retailed at $249, which is admittedly in the higher-end range, but all of the reasons laid out here show that it is truly a standout choice in this best Web3 wallet list.

Ever heard of the phrase “trade like a king?”. Well, Ledger Stax is one of the best Web3 wallets that empowers you to do just that. Its touchscreen is elegantly curved and safeguarded with E Ink technology that helps increase the transparency of your transactions.

Especially in the realm of dApps, the security of your transactions becomes crucial, and that’s where Ledger Stax excels with its high-grade Security Chip (CC EAL6+). Besides, if you’re always worried about storing your funds online, Ledger Stax safeguards your holdings in airtight cold storage. Theoretically, hackers will not be able to get close to, or let alone touch, your assets.

Now, let’s go into dApp trading, which is made easy with Ledger Live. By connecting this app to your Stax device, you can manage your portfolio, purchase coins or tokens on a ramp, swap your assets through multiple blockchains, and put your crypto to work by staking them.

And, when talking about Web3 overall, NFTs shouldn’t be missed out. Thankfully, Ledger Stax offers several exciting features for NFT aficionados. Originally, Stax only supports NFTs on Ethereum and Polygon blockchains. However, since it can also integrate with 50+ third-party wallets, the options become nearly limitless.

Plus, you can display your favorite NFTs or photographs on your Stax’s display screen, adding a sense of personalization.

Clearly, as one of the top Web3 wallets, Ledger Stax offers a ton of features. That said, it is priced at $399. Indeed, it is a premium choice, but one that offers the highest quality.

The best Web3 wallet for offline storage is Ledger Nano X, one of the most popular hardware wallets in the market. It stores your private keys offline and prevents your assets from being attacked or hacked via the internet.

Ledger Nano X uses a certified secure element (CC EAL5+) chip that you can find in some credit cards! On top of that, you can only access the device with a customizable PIN code and get a backup phrase to recover your assets if it gets corrupted. Ledger Nano X is one of the best Web3 wallets if you’re looking for maximum security.

Despite being a cold wallet, Ledger Nano X focuses on user experience. It has a Ledger Live app that connects your wallet to a computer or a smartphone via Bluetooth or USB. Thanks to this app, you can conveniently manage, sell, and buy cryptocurrencies.

While many hardware wallets only allow you to open them on a computer, Ledger Nano X is the best Web3 wallet in the cold wallet category for accessibility. You can connect it to your phone via Bluetooth and use all its features on the go!

It wouldn’t be a Web3 wallet list without mentioning the compatibility with other Web3 features. Ledger Nano X supports over 5,000 cryptocurrencies, including big coins like Bitcoin and Ethereum. You can have a diverse portfolio of coins and tokens when choosing this best Web3 wallet.

Also, it integrates with various dApps and DeFi platforms, making it one of the best choices for Web3 wallets. It has multi-account management, so one user can have multiple accounts on Ledger Nano X and keep track of a complex portfolio in one place.

As of writing this article, Ledger Nano X costs $149. For this price, you’ll get the hardware wallet, the Ledger Live app, and access to customer support. It’s a great deal, so grab it and get the whole package!

Binance doesn’t need an introduction. It’s one of the largest exchange platforms in the world, and it’s no surprise that Binance Web3 Wallet exists. With numerous features and benefits, it’s one of the best Web3 wallets in affordability!

Binance Web3 Wallet is a hot wallet, so you might wonder what security measures are in place since it’s connected to the internet. Binance Web3 Wallet introduced two-factor authentication, regular security audits, and Multi-Party Computation (MPC). It’s great for preventing hacking attempts or cyberattacks.

The MPC method provides enhanced security. It creates three key shares stored in different locations. It allows you to restore your wallet with ease. Just don’t lose access to your private keys because once you lose them, you lose your funds forever.

While a little complicated for beginners, Binance Web3 Wallet offers a mobile and desktop app with the same security measures. If you want to use this wallet, you’ll need to go through a straightforward Know Your Customer process.

What makes Binance Web3 Wallet one of the best Web3 wallets in the market is its integration with the Binance exchange platform. Due to this integration, you can easily manage and trade your assets while enjoying the strict security protocols of Binance! Also, this Web3 wallet supports numerous cryptocurrencies and dApps for your convenience.

Besides the opportunity to stake and manage NFTs, you can easily manage your tokens within your portfolio across various blockchains. Thanks to Binance Bridge, a blockchain interoperability solution, you can easily and securely swap tokens.

If your definition of the best Web3 wallet includes the term “free to use”, you might like Binance Web3 Wallet. It doesn’t cost anything to download its mobile or desktop version, and you can use every functionality free of charge. Still, there are transaction fees for trading, so don’t be surprised if you encounter it!

Coinbase, the largest exchange based in the U.S., founded Coinbase Wallet. It’s a hot wallet with a mobile app that offers easy access for people on the go! Its convenience is why Coinbase Wallet made it on this Web3 wallet list.

Coinbase Wallet is a self-custodian wallet, meaning you won’t lose your assets if an exchange gets hacked. However, you might lose them if you lose your security information like your password or recovery phrase.

Also, the overall software of Coinbase Wallet isn’t open-source despite it having an open-source protocol. Simply put, you’ll just have to trust in the security of the code. Nevertheless, countless traders use Coinbase Wallet daily, so there’s almost nothing to worry about.

Coinbase Wallet is the best Web3 wallet for anyone who prefers mobile apps. The intuitive design of the mobile app makes it easy to navigate and manage your digital assets. Also, you can find its browser extension if that’s your preference. However, Coinbase Wallet doesn’t have a desktop app.

As a Web3 Wallet, Coinbase Wallet supports thousands of coins and has a large ecosystem of dApps. You can swap, trade, and stake your digital assets. If you’re a fan of NFTs, Coinbase Wallet might be a good choice for you as it supports the management of such tokens!

Besides staking your coins, you can also earn extra rewards for yield farming. Since it’s primarily a mobile app, imagine earning even more from your crypto while doing your daily shopping or going to work! It’s one of the best Web3 wallets in convenience and functionality.

Since Coinbase Wallet is a hot wallet, it’s free to download and use for everyone around the world. Keep in mind that there are transaction fees, but they’re standard for most crypto platforms.

Another Ledger product, Ledger Nano S Plus, offers one of the best Web3 wallets at an affordable price. It’s a hardware wallet that stores your private keys offline, similar to its counterpart, Ledger Nano X. Ledger Nano S Plus uses CC EAL5+, a certified secure element chip. If you purchase this wallet, set a PIN code to access your assets. Also, you’ll get a backup phrase if you or someone else accidentally damages your wallet.

Upon purchasing this cold wallet, you’ll get a Ledger Live app that allows you to access your assets when connected to another device! Nevertheless, Ledger Nano S Plus offers an intuitive interface, making your experience smooth and enjoyable.

It’s one of the best Web3 wallets in today’s market, as it’s an improved version of the discontinued Ledger Nano S. Now, you can access your NFTs, interact with various DeFi platforms, and trade over 5,000 cryptocurrencies!

With this cold wallet, you can stake your cryptocurrencies to earn rewards on your assets. Another bonus is that it has more storage compared to its earlier version. I guess it’s good that Ledger Nano S is discontinued since we get access to its better version at a great price.

Notably, the Ledger Nano S Plus offers fewer features than the Ledger Nano X. You won’t be able to wirelessly connect your Ledger Nano S Plus like you would with the Ledger Nano X. Also, Ledger Nano S Plus doesn’t support iOS as a mobile application like Ledger Nano X.

Table: Main features of Ledger Nano X and Ledger Nano S Plus hardware wallets

However, it’s still the best Web3 wallet if you’re looking for an affordable cold wallet with the best security! Its price range as of writing this article is $79. It’s the perfect choice for beginners who like enhanced security. These features make Ledger Nano S Plus the perfect blend of security and value in this Web3 wallet list!

Zengo Wallet stands out as one of the best Web3 wallets for keeping your assets safe in hot storage. Besides the usual benefits of a hot wallet, Zengo offers its users numerous security features like a recovery system coined 3FA.

It’s an upgrade from 2-factor authentication as 3FA uses your email address, a 3D FaceLock, and a recovery file. Also, Zengo uses multi-party computation (MPC) that keeps your private keys in multiple locations, so people don’t lose their access to the wallet!

You can get Zengo as a mobile app or a browser extension. Both versions are intuitive and have easy setup. It’s a great choice for a Web3 wallet for beginners. Zengo announced its plans to release a desktop version in 2024, so stay tuned for that if you prefer a desktop app!

Like other Web3 wallets, Zengo allows you to trade many different coins, tokens, and NFTs. You’ll find the most popular assets like Bitcoin, Ethereum, and Dogecoin on there. Notably, Zengo doesn’t support some of the largest crypto by market cap, like Solana, Cardano, or Polkadot.

Table: Main features of the Zengo software wallet

One of the many additional features that Zengo offers is earning interest on your crypto holdings. The wallet has partnership deals with various DeFi platforms, so you can earn extra by keeping your crypto in Zengo Wallet.

While the basic Zengo Wallet is free, you can buy Zengo Pro for $9.99 a month as of writing this article. Zengo Pro offers a unique feature, legacy transfer, that allows you to transfer your digital assets to your friends and family as a Web3-type inheritance.

Also, enjoy discounted fees and additional security measures with Zengo Pro that aren’t available in the basic version. It’s one of the most unique Web3 wallets focusing on strong security measures that you can find!

MetaMask is one of the best Web3 wallets for people who prefer the Ethereum ecosystem with a wide variety of tokens and dApps! It’s a hot wallet but you can connect a cold wallet, such as Ledger and Trezor, to your account, and improve the protection of your assets.

It’s a self-custody wallet, so you must keep your recovery information safe. Once you lose it, you’ll lose access to your assets! Nevertheless, it has an advantage over storing your crypto on an exchange because there’s less risk of getting hacked or otherwise compromised if an exchange fails.

However, MetaMask doesn’t use 2-factor authentication (2FA) and isn’t multi-signature, so multiple wallets don’t have to approve a transaction. If you want an additional layer of security, you can integrate 2FA via a third-party hardware wallet like Ledger!

MetaMask has a mobile app for Android and iOS and a browser extension. Its interface is relatively simple. Still, MetaMask offers some educational materials if you need help navigating this Web3 wallet!

You can buy, sell, and swap your tokens directly in your MetaMask wallet. Notably, you can only trade Ethereum and other tokens based on the Ethereum blockchain with thousands of ERC-20 assets. Simply put, it’s your go-to place for everything related to Ethereum-based assets.

Moreover, MetaMask is a great Web3 wallet with support for numerous dApps, NFTs, and other functionalities on the Ethereum blockchain. You can swap your tokens, and MetaMask will provide the best rate utilizing multiple decentralized exchanges in your favor!

It’s the best Web3 wallet for people who want fast, cheap, and efficient trading. MetaMask is free to use but does charge regular transaction fees and a service fee if you swap tokens.

However, you’ll only need to pay Ethereum gas fees once! It’s a great benefit because you’d pay double fees when you buy on an exchange and then when you transfer it to your wallet.

If you’re on the hunt for the best Web3 wallet in terms of supported cryptocurrencies, you need to try Trust Wallet. It’s a hot wallet owned by Binance, the largest exchange platform in the world by trading volume. However, you have full control over your private keys, so Binance or other exchanges can’t access your funds!

With over 70 million users around the globe, Trust Wallet makes security a top priority. It encrypts your private keys that are stored on your device, so such crucial information doesn’t get on the internet or fall into the hands of other people.

Trust Wallet is a Web3 wallet that’s committed to identifying vulnerabilities and that undergoes regular third-party audits and constant monitoring. On top of that, you’ll get notifications in case of risky or otherwise dangerous transactions, so you’ll stay informed about every safety measure 24/7!

If you’re a complete beginner and looking for the best Web3 wallet, you’ll like the easy navigation and seamless user experience when using Trust Wallet. For example, its integrated dApp browser lets you interact with various dApps directly from your wallet! In case you need help, Trust Wallet provides comprehensive guides to help you on your path.

Moreover, Trust Wallet is the best Web3 wallet that offers over 10 million digital assets, and 600 million NFTs, and collaborates with over 100 different blockchains! It’s a great Web3 wallet for investors with diverse portfolios. They can manage their assets in one place as Trust Wallet supports almost every asset imaginable.

You can browse popular and emerging coins, take a look at various NFTs, and interact with numerous dApps on Trust Wallet. It’s crucial to have a diversified portfolio in the crypto world, and Trust Wallet provides you with the opportunity to manage it in one place.

A big part of the Trust Wallet environment is its swapping feature that allows users to directly exchange their crypto within this Web3 wallet. It boasts of having over 1 million crypto pairs and no additional fees except the usual gas fee.

All of these benefits won’t cost you a cent. Trust Wallet is one of the best Web3 wallets, offering the most comprehensive list of assets, and it’s 100% free! As usual, you’ll incur regular transaction fees, but otherwise, it’s a free Web3 wallet that you can try out.

Zerion is a mobile-based Web3 wallet that allows you to manage your DeFi, NFTs, and other digital assets with ease. It stands out in this Web3 wallet list because you can connect your non-Zerion wallet like Ledger to your Zerion account and manage everything in one place.

You’ll have your private keys in your possession since this Web3 wallet is non-custodial. Also, frequent public audits by respectable third parties uncover vulnerabilities of Zerion and improve the overall security of the wallet.

However, unlike other Web3 wallets, Zerion doesn’t have 2FA or MultiSig. You can report bugs with a bug bounty platform. Nevertheless, it still leaves room for improvement in the security aspect of Zerion.

Nevertheless, Zerion is a mobile-friendly Web3 wallet focusing on intuitive design and ease of use. It has social features that allow you to track other wallets, push notifications for important alerts, and tracking tools that improve user experience!

On top of that, you can enjoy trading hundreds of cryptocurrencies and managing many digital assets in one place. Zerion claims to have processed over $1.5 billion in transaction volume, so it’s safe to say that people are eagerly interacting with dApps and trading their assets on this Web3 wallet!

Zerion has its own DeFi software development kit (SDK), including open-source smart contracts. It helps you trade across various networks and interact with multiple DeFi networks with one Web3 wallet.

You can enjoy all of these benefits free of charge. Downloading Zerion won’t cost you anything, excluding the regular fees you get when trading your digital assets!

Rainbow is an Ethereum-focused Web3 wallet and supports numerous Ethereum-based dApps that you can access directly from the application. It’s non-custodial, so that makes you the sole owner of your private keys and, of course, of your digital assets.

Since it’s non-custodial, you need to make sure that you safely store your private keys because if you lose them, your funds are gone for good. Nevertheless, Rainbow is open-source, so developers and the wider community can test the code and report any security issues!

Compared to other Ethereum-focused Web3 wallets, Rainbow has a funky and energetic design. It has a vibrant interface full of colors with straightforward navigation. So, Rainbow is a perfect Web3 wallet for beginners and seasoned investors who want to have fun while trading!

Rainbow is a great Web3 wallet compatible with hundreds of digital assets, including numerous NFTs and dApps. You can interact with the most famous DeFi platforms without leaving the app and access networks like Ethereum mainnet, Polygon, Arbitrum, and more!

Additionally, it can be the best Web3 wallet for people who want to track their portfolios conveniently. Rainbow offers a portfolio tracking feature where you can manage multiple wallets, easily swap, and otherwise organize your digital assets.

Like most hot wallets, you can download Rainbow for free. You get access to its multiple features at no extra cost. However, you should keep in mind that it’s more susceptible to hacking since it’s connected to the internet. Consider investing in a cold wallet or regularly back up your recovery information!

Argent is a relatively small but significant hot wallet. While it doesn’t have a large user base, it has the potential to be an inclusive Ethereum-focused Web3 wallet with relatively low transaction costs. While not the best Web3 wallet yet, Argent has some unique features that set it apart from competitors.

An innovation of Argent is the introduction of Guardians, a unique security concept in the market. Users can assign Guardians, other trusted users, to store their recovery information. Thus, you can rest assured that you won’t lose access to your Web3 wallet!

You can download Argent on your mobile device. It doesn’t have a desktop application, at least yet. Nevertheless, it has an intuitive interface that’s easy to understand. So you can access a lot of crucial functionalities in one place!

Also, Argent supports a wide range of Ethereum-based dApps and cryptocurrencies, so it’s perfect for Ethereum fans! This Web3 wallet introduced the application of ZKsync, an Ethereum scaling solution that helps to complete transactions faster and more cost-effectively.

A neat feature that Argent uses is the Ethereum Name Service (ENS). You’ve probably seen the long addresses with a bunch of numbers and letters that don’t make any sense. The ENS allows you to rename this address into something more sensible, like your name or another identifier! Such focus on convenience makes Argent one of the best Web3 wallets.

Argent is free to use and can offer lower transaction fees than other Ethereum-based Web3 wallets. Even features like Guardians won’t cost you anything. You can enjoy easy trading with Argent as your reliable Web3 wallet!