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With the rise of crypto, Web3 wallets have become an integral part of every trader’s life. The best Web3 wallets have various use cases and act as a gateway to the Web3 space! Web3 wallets are used to access your digital assets, create an on-chain identity, collect non-fungible tokens (NFTs), and interact with decentralized apps (dApps) and blockchain technology.
Choosing the best Web3 wallet can be challenging, and you need to address a few key points. Some questions to consider are “How important is security for you?”, “What cryptocurrencies do you trade?” and “Do you need additional features?”.
I want to present two different wallet types with various benefits depending on your preferences. There are cold (the widely recommended Ledger Flex) and hot (such fan-favorites as Coinbase Wallet and Binance Wallet) wallets.
To be more precise, I'll talk about the following wallets:
- Ledger Flex - Top-Grade Security
- Ledger Stax - The Most Advanced Wallet From Ledger
- Ledger Nano X - Over 5,500 Supported Cryptocurrencies
- Binance Web3 Wallet - Integration With the Binance Exchange
- Coinbase Wallet - A Streamlined Wallet App
- Ledger Nano S Plus - A Revised Classic
- Zengo - 3-Factor Authentication Security
- MetaMask - One of the Most Popular Hot Wallets
- Trust Wallet - A Hot Wallet for the Binance Chain Ecosystem
- Zerion - A Mobile-Based Web3 Wallet
- Rainbow Wallet - An Ethereum-Focused Wallet
- Ready - Free to Use, Low Transaction Fees
Let’s look at them up close!
1. Ledger Flex - Top-Grade Security
Ranks #1 out of 12 Crypto Wallets
- + User-friendly design
- + Robust security
- + Long battery life
- + Thousands of digital assets
- + Free Ledger Recovery Key included
- - No wireless charging
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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, which is competitive to obtain.
It has an intuitive E Ink® touchscreen to make using the wallet a lot easier.
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 more than 5,500 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.
Key Features
If you’re curious about what makes Ledger Flex stand out in the crowded Web3 wallet space, let’s break it down. Here are some of its core features that really highlight its strengths:
- Web3 Integration. Ledger Flex offers seamless access to decentralized applications (dApps) and DeFi platforms, making it a top choice for navigating the Web3 ecosystem.
- Multi-Asset Support. The wallet allows you to manage a wide range of cryptocurrencies and tokens in one place, giving you flexibility without needing multiple wallets.
- Enhanced Security. Backed by Ledger’s trusted hardware security, Flex provides advanced protection for private keys while supporting Web3 interactions.
- User-Friendly Experience. With its intuitive interface and smooth onboarding, even newcomers can easily manage their assets and explore Web3 features.
As you can see, these features make Ledger Flex a powerful gateway to the next generation of the internet.
2. Ledger Stax - The Most Advanced Wallet From Ledger
Ranks #2 out of 12 Crypto Wallets
- + A brand-new design
- + Industry-leading security
- + Coin, token and NFT storage
- + High levels of customizability
- + Free Ledger Recovery Key included
- + Wireless charging
- - Pricey
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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 it.
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 supported 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.
Key Features
Ledger Stax is designed with a completely new approach to how you interact with your crypto. Let’s take a closer look at the core features that make it appealing:
- Curved E Ink® Touchscreen. The wallet comes with a large, customizable E Ink® display that mimics the feel of a smartphone, making it easier to review and approve transactions.
- Magnetic Stacking. Its sleek design allows multiple devices to be stacked together magnetically, a convenient option for users who manage several wallets.
- NFT-Friendly Interface. Stax supports clear visualization of NFTs directly on the screen, giving collectors a more intuitive way to view and confirm their assets.
- Long Battery Life. The device can last for 10 hours of normal use with wireless charging and an energy-efficient display.
In short, Ledger Stax blends security with design innovation, creating a wallet that feels modern, practical, and future-ready.
3. Ledger Nano X - Over 5,500 Supported Cryptocurrencies
Ranks #3 out of 12 Crypto Wallets
- + Can be managed from mobile device
- + Very secure
- + Supports more than 5,500 cryptocurrencies
- + Comfortable design
- - Relatively expensive
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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 works seamlessly with the Ledger Live app that connects the wallet to 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 5,500 cryptocurrencies, including big coins like Bitcoin and Ethereum. You can have a diverse portfolio of coins and tokens when choosing the 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!
Key Features
Ledger Nano X is the tried-and-true product from the brand, and for a good reason. Take a look at these key features and see if they pique your interest:
- Sleek Design. The Nano X has a simple design that resembles a USB stick, which makes it easy to carry and lets you stay on top of your assets anywhere you go.
- Bluetooth Connectivity. You can connect the Nano X to your Android and iOS devices easily using Bluetooth. Simply install the Ledger Live app on your phone or tablet, and you're ready to go.
- Wide Cryptocurrency Support. Using the Nano X means you get access to more than 5,500 crypto assets. This gives you more freedom to diversify your portfolio.
- Compatible with Web3 Platforms. Ledger Nano X connects seamlessly with popular Web3 platforms like MetaMask, Uniswap, and OpenSea, allowing users to trade, stake, and manage their crypto directly while keeping private keys secured.
So, what do you think? Is the Ledger Nano X the best Web3 wallet for you? Looking at the features, I think this is a nice choice if you want the best from Ledger, but don't want to spend money on premium wallets like the Flex and the Stax.

Did you know?
All Crypto wallets may look similar to you but they're NOT all the same!
4. Binance Web3 Wallet - Integration With the Binance Exchange
Ranks #4 out of 12 Crypto Wallets
- + Semi-custodial meets next-gen MPC
- + Incredibly easy-to-use
- + Connectivity to various dApps
- + Access to token swapping through Bridge 2.0
- + Potential yields through staking
- - No browser extension
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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 (now simply Binance Wallet) exists. With numerous features and benefits, it’s one of the best Web3 wallets in affordability!
Binance Wallet is a hot wallet, so you might wonder what security measures are in place since it’s connected to the internet. The wallet offers two-factor authentication (2FA), regular security audits, and Multi-Party Computation (MPC). It’s great for preventing hacking attempts or any other cyberattacks.
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.
📚 Related Reading: Is Binance Safe in 2025?
If your definition of the best Web3 wallet includes the term “free to use”, you might like Binance 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 them!
Key Features
If you're a Binance user, then this wallet is probably already at the top of your list. But what if you're not? No worries! Here are some of its key features to help you make a more educated decision:
- Multi-Party Computation (MPC). 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.
- Bridge Between Different Blockchains. 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.
- Self-Custody Wallet. Funds in the wallet are fully held and managed by you. You’re in complete control of your crypto assets, not via Binance or any intermediary.
- Built-in Risk Controls. Binance Wallet provides protections like wrong address warnings and malicious contract detection, helping safeguard users from common Web3 risks.
For those looking for a free Web3 wallet, I highly recommend Binance Wallet. It comes with a variety of useful features, and it integrates seamlessly with Binance, making it an ideal choice for users who frequently trade on the exchange.
5. Coinbase Wallet - A Streamlined Wallet App
Ranks #5 out of 12 Crypto Wallets
- + Easy to use
- + Free to register and keep crypto coins in
- + Supports thousands of digital assets
- + Top-notch security measures
- - Not as secure as a cold wallet
- - Not the best customer support
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Coinbase, the largest US-based exchange, offers Coinbase Wallet (now rebranded as the Base app). 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 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 of the writing of this article.
📚 Related Reading: Is Coinbase Safe?
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.
Key Features
While Coinbase is a well-known name in the industry, you might not be familiar with what the wallet has to offer. Let's take a look at some of its core features:
- Free to Use. 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.
- Wide Range of Crypto and NFT Support. 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!
- Fiat On-Ramp Service. The Base app lets you buy crypto using bank accounts, local payment methods, cards, or digital payments in over 120 countries.
- Advanced Security Features. The wallet offers multiple security options, including biometrics, passwords, and security locks.
And with that, I think the Coinbase Wallet is a strong contender for being the best Web3 wallet. But whether or not it is the perfect one for you is for you to decide.
6. Ledger Nano S Plus - A Revised Classic
Ranks #6 out of 12 Crypto Wallets
- + Top-tier security
- + DeFi app support
- + Wide range of supported assets
- + Fair-priced
- + NFT support (with Ledger Live)
- - Awkward button placement
UP TO $500 IN BTC
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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.
📚 Read More: How to Recover Ledger
Upon purchasing this cold wallet, you can pair it with the 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 easy.
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 5,500 cryptocurrencies!
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.
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Hardware | Hardware | |
Safely Storing, Sending, and Receiving Different Cryptocurrencies | Best for Safe Coin & Token Storage | |
All Ledger Nano X Coupons | All Ledger Nano S Plus Coupons | |
The tried and true hardware wallet from Ledger with all the essential features. | The improved Nano S hardware cryptocurrency wallet from Ledger. | |
Visit site Read review | Visit site Read review |
Table: Comparison between Ledger Nano S Plus and Nano X
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!
Key Features
Now that you know the Ledger Nano S Plus a bit more, let's take a look at its key features and what makes it one of the best Web3 wallets out there:
- Improved Version of the Nano S. 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 suppose it’s good that the Ledger Nano S is discontinued, as we now have access to its successor at a great price.
- Affordable Entry-Level Option. Designed as Ledger’s budget-friendly wallet, the Nano S Plus offers strong security at a much lower price point than Ledger Nano X or Stax, making it ideal for newcomers.
- Beginner-Friendly Balance. The Nano S Plus combines Ledger’s core security with a straightforward design, offering just the essentials without advanced extras like wireless pairing or touchscreen displays.
- Wide dApp Compatibility. The Nano S Plus can connect with Web3 platforms like MetaMask, Uniswap, and OpenSea, letting users securely interact with DeFi protocols, NFT marketplaces, and staking services.
As the entry-level product from Ledger, the Nano S can be a great option if you want the best security without breaking the bank. Although it doesn't support Bluetooth, it still offers all the essential features of a great hardware wallet.
7. Zengo - 3-Factor Authentication Security
Ranks #7 out of 12 Crypto Wallets
- + No seed phrase to misplace or compromise
- + Top-tier security
- + In-wallet crypto swaps and purchases
- + 24/7 customer support
- + Free to use
- - Some services are not available in select countries
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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!
Zengo is mainly a mobile wallet, so you can get it as a mobile app on Android and iOS. The app is intuitive and easy to set up. It’s a great choice for a Web3 wallet for beginners. At the time of writing, you can also access Zengo from your web browser if you prefer desktop access!
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Secure & Simple Crypto Storage and Trading | |
See All Coupons of Best Wallets | |
A non-custodial hot wallet with a unique MPC technology instead of private keys. | |
See TOP10 Brands Read review |
Table: Main features of the Zengo software wallet
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, Dogecoin, and 1000 more assets there. Notably, Zengo doesn’t support some of the largest cryptocurrencies by market cap, like Solana or Polkadot (it supports Wrapped Solana, though).
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!
Key Features
A convenient mobile wallet like Zengo can be a blessing for those who prefer accessing Web3 on the go. Here are some of the wallet's key features that interest you:
- Earning Features. Zengo offers the ability to earn 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.
- Premium Option. While the basic Zengo Wallet is free, you can get Zengo Pro for $19.99/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.
- Secure Recovery. Zengo’s 3FA ensures your account is always recoverable, based on your email account, 3D FaceLock (an encrypted biometric scan), and the Zengo recovery file.
- Web3 Firewall on Zengo Pro. Zengo’s Web3 Firewall protects, alerts, and defends your Web3 assets against hacks, scams, and wallet drainers. No additional software required. The Web3 Firewall is built into every Zengo Pro account.
If you're interested in accessing dApps like Uniswap, Aave, or Lido from your phone, then I think Zengo is a nice option. Whether or not you decide to go for the Pro version, the wallet still gives you all the essentials for exploring Web3.
8. MetaMask - One of the Most Popular Hot Wallets
Ranks #8 out of 12 Crypto Wallets
- + Open-source
- + Private keys kept on the browser
- + Easy to use
- + Compatible with Ledger devices
- + Wide range of cryptocurrencies
- - A "hot" wallet - security concerns
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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!
You can buy, sell, and swap your tokens directly in your MetaMask wallet. Back then, you could only trade Ethereum and other tokens based on the Ethereum blockchain with thousands of ERC-20 assets. But now, you have access to wider options of cryptocurrencies in other networks, including BNB Chain, Solana, Arbitrum, and Polygon.
Simply put, it’s still your go-to place for everything related to Ethereum-based assets.
It’s the best Web3 wallet for people who want fast, cheap, and efficient trading. MetaMask is free to use, but it does charge regular transaction fees and a service fee if you swap tokens.
Key Features
If you've been in the crypto space for a bit, chances are you've already heard about MetaMask. But, how well do you know it as a Web3 wallet? Regardless, I've listed some of its core features. Take a look:
- Accessible on Mobile and Desktop. 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!
- One-Stop Web3 Solution. 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!
- Cost-Efficient. You’ll only need to pay Ethereum gas fees once on MetaMask! 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.
- MetaMask Snaps. MetaMask lets its community expand its services via modular add-ons built by developers called Snaps that introduce new features like support for additional blockchains, custom security tools, and enhanced notifications, all integrated directly into the wallet.
All in all, MetaMask is a popular brand for a reason. It offers a plethora of features and the ability to work with popular hardware wallet. So, choosing it as the best Web3 wallet can be a good idea.
9. Trust Wallet - A Hot Wallet for the Binance Chain Ecosystem
Ranks #9 out of 12 Crypto Wallets
- + Free to use
- + Supports millions of crypto assets and NFTs
- + Suitable for beginners
- + In-wallet swapping, staking, and crypto buying
- - No two-factor authentication
- - Questionable reliability of some supported crypto assets
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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 acquired by Binance, one of the largest exchange platforms 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 200 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!
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.
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.
Key Features
Trust Wallet is a pretty popular crypto wallet. It comes with many great features that Web3 enthusiasts will find useful. Here are some of them:
- Access to Millions of Assets. Trust Wallet is the best Web3 wallet that offers over 10 million digital assets, 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.
- Beginner-Friendly. 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.
- Intuitive Crypto Swap. A big part of the Trust Wallet environment is its swapping feature, which 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.
- Robust Security Measures. Trust is committed to your asset and personal data by offering an encrypted cloud backup, alerts for risky address and dApp connections, and zero personal tracking.
After I've gone through this explanation, I'm sure you can decide if Trust is the best Web3 wallet. Considering its features and popularity, it's hard not to recommend this one. If you're actively looking for an option, be sure to check Trust Wallet out.
10. Zerion - A Mobile-Based Web3 Wallet
Ranks #10 out of 12 Crypto Wallets
- + Mobile-friendly
- + Interoperability with hardware wallets
- + Portfolio management
- - Lackluster security
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!
You can also download Zerion as an extension for Chrome, Brave, and Arc browsers.
On top of that, you can enjoy trading thousands of cryptocurrencies and managing many digital assets in one place. With hundreds of thousands of download on Google Play and App Store, 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!
Key Features
So, what makes Zerion one of the best Web3 wallet? I've prepared a list of its core features that makes it an interesting option:
- Open Source. Zerion's core code for iOS, Android, and Chrome Extension apps is open for anyone to review.
- Wide Crypto Support. Zerion wallet supports 50+ EVM networks and Solana, which means you can access thousands of different cryptocurrencies.
- Portfolio Tracking dApp. Zerion also offers a portfolio-tracking dApp that lets you monitor your NFTs, DeFi, and transaction history accross multiple wallets in a single intuitive dashboard.
- Accessibility. The wallet is available on Android, iOS, and desktop devices, making it easy to access no matter where you are or what kind of device you're using.
As a free to use Web3 wallet, I'd say Zerion is not bad at all. You can always try it out first and see if you like it. While you can't currently hold Bitcoin in the wallet, it supports WBTC which is an ERC20 token.
11. Rainbow Wallet - An Ethereum-Focused Wallet
Ranks #11 out of 12 Crypto Wallets
- + Manage multiple types of digital assets
- + Built-in swap feature
- + Ethereum Name Service customization
- + Browser extension support
- + Advanced security measures
- - Exclusive support to Ethereum and EVN chains
- - No live customer support
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 numerous digital assets, including various 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!
Rainbow is compatible with various hardware wallets Ledger Flex and Trezor Safe 5.
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!
Key Features
Now that you know what the Rainbow wallet is all about, it is time to look at some of its key offerings that make it one of the best Web3 wallet in the market:
- Portfolio Tracking. Rainbow can be the best Web3 wallet for people who want to track their portfolios conveniently. It offers a portfolio tracking feature where you can manage multiple wallets, easily swap, and otherwise organize your digital assets.
- Self-Custody. Rainbow never have access to your private keys. You maintain full control over your wallet but you can always reach out to their customer support for help.
- Great for NFTs. The wallet lets you organize all your NFTs across all Ethereum chains on mobile and desktop. You can also see and accept all of your NFT offers inside Rainbow.
- Open Source. Rainbow's underlying code is open for everyone to look at and review. This transparency allows developers, security experts, and the wider community to examine the code, identify vulnerabilities, and suggest improvements.
With that out of the way, I think it's safe to say that Rainbow is a strong contender for the best Web3 wallet.
12. Ready - Free to Use, Low Transaction Fees
Ranks #12 out of 12 Crypto Wallets
- + Innovative security measures
- + Compatible with Ethereum
- + Intuitive interface
- - No desktop app
Ready Wallet (previously Argent X) 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, Ready has some unique features that set it apart from competitors.
You can download Ready on your mobile device or as a browser extension. It doesn’t have a dedicated 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!
A neat feature that Ready 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 Ready one of the best Web3 wallets.
Ready 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 Ready as your reliable Web3 wallet!
Key Features
While the Ready Wallet's user base is not as big as some other brands on this list, it is still a great Web3 wallet option. Not sure why? Take a look at some of its key features:
- Unique Security Feature. Ready offers a security feature called 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.
- Ethereum-Friendly. Ready 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.
- Trusted by Top Exchanges. Ready claims that big exchanges like Binance and Kraken use its smart contracts to secure millions in crypto.
- Compatible with Ledger. You can connect Ready Wallet to a Ledger hardware wallet to improve the safety of your assets.
All in all, you can't go wrong with the Ready Wallet in terms of balancing strong security, Ethereum-friendly functionality, and trusted integrations with major players in the crypto space.
What is a Web3 Wallet?
Web3 wallets are tools for keeping your online assets safe and interacting with the Web3 space. They’re like your digital key to the Web3 world, including cryptocurrencies, NFTs, dApps, and more! The best Web3 wallet for you might include thousands of coins or be limited to the basics, so evaluate your needs before choosing.
📚 Read More: How to Get a Crypto Wallet
To put it simply, imagine your Web3 wallet is the same thing as your email address in the Web2 space. You use your email address if you want to register on a website, sign up for newsletters, receive important documents, etc. Similarly, Web3 wallets don’t just keep your coins and tokens safe. They’re also like your digital identity!
Hot Wallets
Hot wallets are digital tools that store your cryptocurrencies and allow you to connect to the Web3 space. Hot wallets can be software or browser-based wallets, browser extensions, and more. These Web3 wallets are convenient for traders who value easy access, as they’re similar to online banking apps!
Wallets, such as the Coinbase Wallet, are user-friendly with simple interfaces. You can easily buy, sell, or stake crypto and interact with dApps and decentralized finance (DeFi) platforms. It’s a great choice for people who want to make fast transactions and have access to multiple digital services.
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Software | Software | |
Best for Storing Cryptocurrencies | Best for Safely Storing Cryptos | |
All Binance Coupons | All Coinbase Wallet Coupons | |
One of the best exchange-wallets on the market. | One of the safest software crypto wallets. | |
Visit site Read review | Visit site Read review |
Table: Comparison between Binance Wallet and Coinbase Wallet
However, since hot wallets are digital, they can be an easy target for hackers. They can hack your hot wallet remotely because it’s connected to the internet. You need to be aware of the possible cyberattacks if you own a hot wallet!
Cold Wallets
Cold wallets are offline storage[1] that protects your digital assets from hacking or malware attacks. Hardware wallets are a popular type of cold wallet, often resembling physical devices similar to USB drives.
The best Web3 wallet in terms of security is a cold wallet. If you plan to keep your cryptocurrencies for a long time, you’d best choose a Web3 wallet like Ledger Flex to store them safely.
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Hardware | Hardware | Hardware | |
Extra Secure Crypto Storing & Managing | Safely Storing Your Digital Assets | Secure Crypto Management & Storage | |
All Ledger Flex Coupons | All Ledger Stax Coupons | All Trezor Safe 5 Coupons | |
A secure and user-friendly wallet with support for thousands of coins and tokens. | A high-end cryptocurrency wallet with some next-gen features and integrations. | One of the most secure cold hardware wallets on the market. | |
Visit site Read review | Visit site Read review | Visit site Read review |
Table: Comparison between Ledger Flex, Ledger Stax, and Trezor Safe 5
Keep in mind that cold wallets have drawbacks. You might lose them. Moreover, they can get corrupted, and you can have trouble restoring them. Some cold wallets, like those offered by Ledger, provide a seed phrase in such cases, so choose your cold wallet wisely!
Criteria for Choosing the Best Web3 Wallet
Let’s set the criteria for selecting the best Web3 wallet. Security is a top priority when considering where to store your coins and tokens. Some of the most popular features in this Web3 wallet list include two-factor authentication,[2] encryption, backup keys, and more.
Another important factor is pricing. Most hot wallets are free, and some even offer to pay interest on your trading! However, if you’re thinking of buying a cold wallet, prepare to invest some money into it.
A seamless user experience can quickly skyrocket the popularity of a Web3 wallet. The smooth navigation offers even non-experienced users to get on board with the Web3 space and convert them into real enthusiasts!
Versatility is also crucial. You want your Web3 wallet to be compatible with various cryptocurrencies and dApps. On top of that, some of the best Web3 wallets can interact with numerous DeFi platforms and NFT marketplaces, so you have even more freedom to explore the Web3 world!
Other features like staking or governance options are desirable but unnecessary. If you’re relatively new to the crypto space, it might be overwhelming to see so many options. However, it’s essential for seasoned traders, so choose the best Web3 wallet yourself!
Conclusions
When choosing the best Web3 wallet, you need to consider what functions you need. Most of them support various digital assets like numerous cryptocurrencies and NFTs. However, some Web3 wallets offer extensive features like enhanced security or a larger selection of cryptocurrencies that other wallets don’t have!
In any case, you need to consider factors like security, user experience, compatibility, additional features, and pricing when getting a Web3 wallet.
If you’re searching for maximum security, I’d suggest investing in a cold wallet like Ledger Flex or Ledger Stax. However, you might want to consider a hot wallet like Binance Wallet or Coinbase Wallet for convenience and better integration of dApps!
So, I hope this article has helped you with deciding the best Web3 wallet for your needs. Remember to start with identifying your own preferences and needs, then see if any of the wallets I listed above suit you!
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. W. T., Liu: 'Research on offline storage of web page';
2. A., Dmitrienko, C., Liebchen, C., Rossow, and A. R., Sadeghi: 'On the (in) security of mobile two-factor authentication.'