Bitcoin ($BTC) is easily the most valuable and recognized cryptocurrency. While you can keep your $BTC in exchanges, they can be prone to online risks like hacking. This is where the Bitcoin wallets come in.
These wallets secure your Bitcoin and other crypto assets and may come in software or hardware form. In this guide, we’ll discuss six of the best wallets, including software-based ones like Best Wallet and hardware ones like Cypherock.
We’ll cover each wallet in detail to help you choose the right one for you, whether you want the best Bitcoin wallet for Android, the best Bitcoin cold wallet, or something in between.
The Best Bitcoin Wallets at a Glance
Before we get into the details of our best Bitcoin wallet list, here’s an overview of the wallets we selected:
- Best Wallet – Best Free Bitcoin Wallet for Android and iOS
- Zengo Wallet – Highly Secure Bitcoin Wallet with 3FA
- Cypherock Wallet – Easy-to-Use Bitcoin Wallet for Long-Term Crypto Storage
- Ledger Wallet – Bitcoin Wallet with Unparalleled Connectivity Options
- Tangem Wallet – Card-Based Bitcoin Wallet with a 25-Year Warranty
- Ellipal Wallet – Air-Gapped Bitcoin Wallet for Airtight Security
The Best Bitcoin Wallets in 2025 Reviewed
Now, for the fun part. We’ve reviewed the six best Bitcoin wallets, covering everything you need to know about them — their use cases, blockchain support, how much they cost, and where you can get them, among other things.
1. Best Wallet – Best Free Bitcoin Wallet for Android and iOS
If you’re a new crypto investor, then you’ll love Best Wallet. It’s a hot (software-based) wallet that you install on your Android or iOS device. This makes it easy and convenient to use since you don’t need special hardware to sign transactions, just the phone that you always carry with you.
The app supports Bitcoin and several other chains like Ethereum and Binance Smart Chain. This gives you more convenience when trading your tokens since you can trade all of them within the app.
Even more seasoned investors will have something to like with this wallet, thanks to the Best Wallet ecosystem. For one, it has a built-in crypto launchpad where you can directly buy tokens from the best presales by swapping your crypto or using fiat via your credit card.
To add to this, as a non-custodial wallet, Best Wallet gives you total control over your private keys, so not even Best Wallet can view them. Rather, they’re locked away within the app and protected with a PIN and your biometric data.
You’ll enjoy even more benefits when you hold its native $BEST token. Doing so gives you governance rights, which lets you vote on key decisions in the Best Wallet ecosystem.
Aside from that, you’ll also get reduced transaction fees, higher staking rewards, and early access to future projects.
Best Wallet also requires no KYC. You can create an account with just an email address and nothing else. The platform won’t ask you for your ID or a selfie to confirm your identity. This is important if you value your privacy.
What’s even better is that Best Wallet is free. Just download the app via the Google Play Store, Apple App Store, or Best Wallet’s website, install it on your device, and you’ll have a secure Bitcoin wallet within minutes.
2. Zengo Wallet – Highly Secure Bitcoin Wallet with 3FA
Zengo is another software wallet like Best Wallet. It’s non-custodial and doesn’t require KYC, giving you a Bitcoin wallet solution that’s highly secure and private.
To protect your assets, Zengo uses what’s called Multi-Party Computation. This involves two shares: your personal share that’s generated in your device and another one that’s based remotely. Both are needed to sign transactions on the app, ensuring each transaction is verified and authorized.
Then there’s 3-factor authentication (3FA), which is a combination of your email address, biometric data, and the Zengo recovery file. Zengo requires 3FA to verify actions like some withdrawals, moving your account to a new device, and recovering your wallet.
Speaking of wallets, you can make up to five with this platform. This allows you to separate your assets depending on their purpose, for instance, keeping your high-value tokens in one and meme coins in the other.
And the price for all these? Free with the Zengo Essential plan. Alternatively, you can get the Zengo Pro subscription ($129.99/year; $19.99/month), which includes multiple wallets, lower fees, and priority support on top of what’s offered with the free service.
Compared to the other wallets on our list, Zengo only supports 380+ cryptoassets. That may be a downside for some, but if you only plan on storing $BTC or other popular crypto, then this should be more than good enough for your needs.
3. Cypherock Wallet – Easy-to-Use Bitcoin Wallet for Long-Term Crypto Storage
Seed phrases are great when it comes to securing your wallet. The only problem is that you could also lose access to your wallet for good if you lose them. This is where Cypherock’s secret key can help.
This key is generated when you create your wallet. It’s then split into five parts called shards, which are stored in your Cypherock X1 device and four Cypherock X1 cards. If you need to recover your private key, you only need to provide any two of the five devices.
This helps do away with the traditional seed phrase.
The X1 device is quite handy and features an OLED display, a 5-way joystick for navigation, and a USB-C port for connecting to your computer. Meanwhile, the cards have NFC and EAL 6+ certified elements for superior protection. They last for over 500K taps and can store your data for a minimum of 20 years.
The complete package of the X1 device and four X1 cards costs $159, which also includes a case. The case not only protects your device and cards from physical damage but also blocks remote electromagnetic signals.
In case your X1 device or cards are damaged, your funds will remain safe in your wallet. You can then buy a replacement device or card to restore access to your funds.
If you want something more than just storing your crypto, Cypherock offers a paid service that lets you recover your PIN and passphrase for $99/wallet/year.
There’s also a $149/wallet/year plan, which adds estate recovery to allow a nominated loved one to recover assets from your wallet if you pass.
Cypherock supports over 9K crypto assets and 10 blockchains. This includes $BTC as well as the likes of $BNB, $ETH, and $SOL, which pretty much covers the needs of most crypto owners.
If you’re considering a reliable and reasonably priced hardware wallet, then Cypherock is definitely worth considering.
Check out the Cypherock website
4. Ledger Wallet – Bitcoin Wallet with Unparalleled Connectivity
Ledger offers premium hardware wallets that fit every budget. First, there’s its flagship model, the Ledger Stax™ ($399). It’s one of the most advanced on the market, with a curved E Ink touchscreen, Qi wireless charging, and multiple connectivity options, including USB-C, Bluetooth, and NFC.
Next is the Ledger Flex™ ($249), which has similar features as the Stax™ but in a smaller package. Both are a bit bulky, though, which makes them more appropriate for long-term storage rather than for carrying around every day.
If you prefer something more lightweight, Ledger also has the Nano X™ ($149) equipped with Bluetooth and USB-C connectivity. Then there’s the cheaper Nano S Plus™ ($79), which only has USB-C. Both share a similar form factor, which is ideal for carrying around your wallet wherever you go.
Regardless of the Ledger wallet you choose, you can rest assured of their security. All are equipped with CC EAL5+ certified chips to keep your wallet and its contents safe.
All Ledger Bitcoin wallets also work with Windows, macOS, Linux, Android, and iOS devices. This gives you more flexibility based on the device you have, so you can work on the go using your phone or handle larger transactions on your computer.
The process is similar to Cypherock’s, but instead of simply storing pieces of your private key in the secure chip, Ledger sends it to three different companies on three different continents. To restore access to your wallet, two of these companies will be required to verify your identity.
While users praise Ledger for its high-quality wallets, some have raised concerns about its closed-source code, so third parties can’t analyze it and check for vulnerabilities. If you prefer one with an open-source code, the next wallet on our list might be for you.
5. Tangem Wallet – Card-Based Bitcoin Wallet with a 25-Year Warranty
If highly portable Bitcoin wallets are your thing, then you’ll love Tangem. It offers NFC-equipped cards, which you can use to store, buy, sell, and stake $BTC and other crypto. What’s even better is you can buy two cards for $54.90 or three for $69.90.
The standard card comes in sleek black, but you can choose other designs. Each one has EAL6+ CC-certified and a 25-year warranty, giving you decades of reliability and security in one small package.
On top of that, the card’s monolithic chip design protects it from physical modification, as well as dirt, dust, water, and extreme temperatures. Overall, Tangem cards are built to last.
Alternatively, you can get the Tangem Ring. Made of zirconia, it shares nearly every feature of regular cards with the addition of an access code or biometric authentication when used with the Tangem app. The ring is quite pricey at $160, which already includes two cards.
Tangem’s code is open-source, which allows anyone to check it for any vulnerabilities. Meanwhile, its card’s firmware has been independently verified by cybersecurity auditors Kudelski Security and Riscure.
Seed phrases are optional with Tangem. You can generate them via Tangem’s Android or iOS app and then import them to another crypto wallet. However, if you want to do away with seed phrases, simply backup your cards to regain access to your wallet if you lose your main cards or rings.
Tangem also has an app that allows you to do more than just manage your wallet. You can use it to check the latest crypto prices, as well as buy tokens by swapping with your crypto or by credit card, Google Pay, Apple Pay, or even bank transfer.
We love Tangem’s suite of features and the simplicity of its card. That makes the product ideal for more experienced users who are comfortable with hardware wallets. Otherwise, we’d recommend using app-based ones.
6. Ellipal Wallet – Air-Gapped Bitcoin Wallet for Airtight Security
Rounding up our best Bitcoin wallet list is Ellipal. Based in Hong Kong, the company sells air-gapped cold wallets, meaning they don’t have Bluetooth, WiFi, mobile data, or USB, so they’re completely offline.
To use Ellipal, simply scan the QR code on the wallet and the mobile app. This authenticates the transactions and effectively protects private keys from hackers and malware.
In case someone tries to tamper with your physical wallet, its automatic self-destruct feature will delete your information — if this happens, you can just re-enter your seed phrase in another device to retrieve your account.
You’ll also get an added layer of security with a PIN or password authentication.
When it comes to looks, Ellipal’s wallets are some of the nicest looking in the market. They support over 10K coins and tokens, which include $BTC and others like $ETH and $USDT. Aside from that, Ellipal supports 40 blockchains, staking, MetaMask, and WalletConnect.
Ellipal’s wallets come in two flavors: the Titan 2.0 Cold Wallet ($169) and the Titan Mini Cold Wallet ($99). You can also buy them bundled with the Ellipal Seed Phrase Steel for $129 and 199, respectively. It’s an optional accessory where you can keep your seed phrase.
Some of the few differences between the two wallets include the Titan Minis’s absence of a pattern PIN, smaller screen, and shorter battery life compared to the larger Titan 2.0. If these aren’t dealbreakers for you, then you can save a lot of money by going with the Mini.
Ellipal may be on the pricier side of the scale when it comes to Bitcoin wallets, but they certainly make up for it when it comes to build quality and the fact that they’re air-gapped.
How We Selected the Best Bitcoin Wallet App for You
It’s challenging to come up with a list of the best Bitcoin wallets since the market is flooded with these products. To help us narrow down our selection, we considered the following:
- Security – Considering how valuable Bitcoin is, we put a premium on this factor when making our list. This is why most have CC EAL-certified components, which means they’ve been rigorously tested to ensure their security. Ellipal, in particular, is extra secure because it’s completely offline and automatically self-destructs when the wallet is tampered with.
- Cost – From free to more expensive wallets, we’ve covered every price point. That way, everyone gets an option that suits them, whether you’re budget-conscious or don’t mind paying a little more for extra features. If you’re looking for the best free Bitcoin wallet, for instance, there’s Best Wallet, while Ledger and Ellipal are ideal if you want a hardware wallet and don’t mind paying more.
- App – Some Bitcoin wallets have apps that let you manage your crypto. We reviewed the utility of these apps and how easy they are to use. Best Wallet stood out in particular because of its ecosystem, which lets you join presales and not just buy, sell, store, or swap crypto.
- Build quality – This applies to hardware wallets. This ensures that they can survive the wear and tear they’ll experience throughout their lifetime. Tangem is a good example of this, which offers a 25-year warranty on its dirt-, dust-, and waterproof cards. Of course, any hardware will get damaged eventually, so plus points for providers who let users buy a replacement so they can still access their wallet.
What is a Bitcoin Wallet and How Does It Work?
A Bitcoin wallet allows you to store, send, and receive Bitcoin. When you create a wallet, it generates a private key and a public key. Both are crucial in securing your wallet and the Bitcoin it contains.
Then there’s your public key. This generates your wallet address, which works similarly to account numbers in traditional banks. If someone wants to send you Bitcoin, you simply give them your wallet address.
Some wallets also let you generate what’s called a seed phrase. It’s composed of 12 to 24 randomly generated words, which you then store somewhere away from prying eyes.
The reason is that you’ll need this to backup or restore access to your wallet if you lose your hardware wallet or the device where you installed your wallet app. Because of its capability, a seed phrase essentially works as a master key.
This can be a good thing in terms of securing your wallet, but it can also be a nightmare if you lose it. On a positive note, some Bitcoin wallet providers offer alternative ways for you to recover your wallet without using a seed phrase.
Different Types of Bitcoin Wallets
Bitcoin wallets can fall under different categories, depending on who holds the private keys and whether it is hardware- or software-based. In particular, here are the different types of Bitcoin wallets:
1. Custodial
Here, a third party has control over the private keys. Its advantage is that you can easily recover your keys if you lose them.
But when choosing this type of wallet, always check the provider’s security policies. Ensure that they’ve never been hacked and what plan they have in place to protect your assets in case their platform is compromised.
2. Non-custodial
Also called a self-custody wallet, this is where you have control over your private keys. It’s more secure than a custodial wallet since no one else would ideally be able to access your wallet.
The downside to this type of wallet is that the responsibility of securing your keys rests solely with you. If you lose them or someone steals them, then you could lose access to your wallet for good.
All the wallets on our best Bitcoin wallet list are non-custodial wallets. This makes them more secure than their custodial counterparts. The good thing, too, is that they all provide you with means to recover your account if you lose your keys (e.g., via backup cards).
3. Hot Wallet
This refers to a software-based wallet that’s also typically online. A hot wallet is better suited for everyday use since you can easily use it if you need to buy, sell, or swap Bitcoins.
Because this type of wallet is online, it can also be vulnerable to online risks. Therefore, it’s ideal to store smaller amounts of crypto here.
4. Cold Wallet
Hardware-based and often offline, a cold wallet lends itself to long-term storage of large amounts of Bitcoin.
Of course, you still have to keep the wallet physically secure, so it’s a good idea to store it away somewhere safe or have several backups. Otherwise, you could end up like the man who accidentally threw away a hard drive holding the key to some $800M worth of Bitcoin.
Is it Worth Having a Bitcoin Wallet?
Yes, it’s a good idea to have a Bitcoin wallet, especially a cold one. For one, it’s more secure since you hold the private keys, so no one but you can sign your transactions.
It’s even better if you store it in a cold wallet, which is offline and, therefore, safe from online threats like phishing, hacking, and malware.
Having a Bitcoin wallet also gives you total control over your $BTC. If you keep your crypto in an exchange, the exchange could close down, get hacked, or lock you out of your wallet. In early 2025, for instance, Bybit became the victim of the biggest digital heist and lost $1.5B worth of crypto.
A wallet, particularly a non-custodial one, can also preserve your anonymity. Providers of this type of wallet don’t require any KYC, meaning you don’t need to submit your ID.
All in all, here are some of the benefits of storing your Bitcoin in a wallet:
- Improved security, especially with cold wallets
- Enhanced privacy and anonymity
- Better control over your assets
- Lower chance of losing your funds to hacks
Are Cold Wallets Better for Holding Bitcoin?
That depends on what you want from your wallet. A cold wallet is perfect if you prefer to HODL large amounts of $BTC. Because it’s offline, a cold wallet is safe from internet-based risks like phishing, hacking, and malware.
But what you gain in security comes at the cost of convenience. It’s a lot more difficult to move your assets with a cold wallet since you typically have to go through several hoops to do this (e.g., scanning a QR code or tapping a card). That makes this type of wallet impractical for everyday use.
Overall, you can think of a cold wallet as a physical safe. If you want to remove or place a valuable item inside it, you need to enter the combination first. You also can’t take it anywhere with you because of its size.
If you prefer to use your wallet regularly, you can opt to put a small amount of crypto in a hot wallet. This option is like having a credit card with you. If you ever need to pay for anything, you can simply swipe or tap it, and you’re good to go.
Takeaways – Which Best Bitcoin Wallet Is Right for You?
Whether for everyday use or for long-term storage, there are plenty of options to choose from when it comes to crypto wallets.
But if you’re looking for the best Bitcoin wallet, then our list should cover your needs—hot wallets for regular transactions and cold ones for storing large amounts of Bitcoin.
When it comes to simplicity and convenience, though, we highly recommend getting Best Wallet. You can install it on your Android or iOS device and create an account with your email address. You don’t need any specialized hardware or undergo KYC procedures, making it the best free Bitcoin wallet in our book.
Best Wallet is ideal whether you’re new to crypto trading or a seasoned one who needs something simple for buying, selling, or staking $BTC. Plus, it offers a lot of other useful features, like its token launchpad, which gives you quick access to the best presales.
When you decide to invest in crypto, always remember to do your own research. The information in this article is for educational purposes only and not investment advice.
FAQs
1. Are Bitcoin wallets safe?
In general, Bitcoin wallets are safe, but that depends on several factors. First, there’s your choice of wallet. Cold wallets are typically safer since they’re offline, which prevents them from being exposed to hacks, malware, and phishing.
Using a non-custodial wallet is also secure since only you hold the private keys. The downside here is that the responsibility of keeping those keys safe rests solely with you. If you lose them or if someone steals them, then you could lose your wallet and Bitcoin for good.
2. What is the best Bitcoin wallet without fees?
Best Wallet is the best free Bitcoin wallet. It’s app-based, so you can install it on your Android or iOS device without having to buy specialized hardware, making it convenient for everyday use. It’s feature-packed too. You can, for example, join the latest token presales directly on the app.
3. Does Bitcoin lose value in a wallet?
No, your Bitcoin won’t lose its value if you keep it in your hardware or software wallet. Rather, its value will depend on its price in the market when you decide to sell it. Do it when its value is higher than when you purchased it, and you can say that your Bitcoin’s price appreciated.
The opposite applies when you sell it when its value is lower than your purchase price.