Best Hot Wallets in 2025 – Easy Crypto Apps with Powerful Security & Web3 Features

2025 is shaping up to be an exciting time for the crypto industry, and many first-timers are looking to start their crypto collection.

If that’s you, then you’ll need a hot wallet for cryptocurrency that’s reliable, secure, and comes with top-notch trading features.

Our team of crypto enthusiasts has been obsessed with finding the best crypto hot wallets that fit both our pockets and our trading preferences.

Zengo, Best Wallet, and Binance Wallet reached the top of our list based on security, user-friendliness, fees, and overall functionality. Stick around for the unique benefits each wallet brings.

The 6 Best Hot Wallets at a Glance

First up, here’s a quick glance at our top picks and their standout features.

1. Best Wallet — First No-KYC, Non-Custodial Wallet to Feature Presale Tokens
2. Zengo — Make Your Private Keys Unhackable with MPC Tech
3. Binance Wallet — Move between CeFi, DeFi, and Web3 with a Single Tap
4. MetaMask – 30M+ Monthly Users Seeking Seamless Interaction with Multiple Blockchains
5. Trust Wallet – 10M+ Assets and 600M NFTs Across 100+ Chains
6. Coinbase Wallet – Customized NFT Browsing, DeFi Liquidity Pools & DAO Governance

The Best Hot Wallets for Crypto – Reviewed for 2025

Now you’ve got a rough idea of what the best hot crypto wallets are right now, let’s dive deeper to see which one ticks all your boxes.

1. Best Wallet – First No-KYC, Non-Custodial Wallet to Feature Presale Tokens

As the best crypto hot wallet in 2025, Best Wallet is aptly named. It’s quickly become one of our favorite crypto wallets since launching late last year.

It sets out to conquer the ever-expanding $11B non-custodial wallet market. Considering its user base has been doubling monthly, coupled with its next-gen features and ambitious roadmap, we believe it has what it takes to do just that.

The Best Wallet app (available on Android and iOS) is a multi-chain, multi-wallet. It lets you create and manage multiple crypto wallets and tokens in one safe haven. Keeping things simple also mitigates the risk of managing funds across multiple platforms.

Regarding security, it has two-factor authentication (2FA) and is set to launch advanced anti-fraud and maximal extractable value (MEV) protection. These help monitor suspicious activity and safeguard you from exploitable practices.

As a proudly no-KYC crypto wallet, Best Wallet guarantees you’ll likely never need to worry about giving up your data. This shrinks your chances of facing dreaded data breaches and unwanted access.

Beyond its cutting-edge protection measures, it lets you buy, sell, and trade thousands of cryptos directly from the Best Wallet app, including the best meme coins and top presale tokens.

It’s the first of its kind to feature presale tokens. This gives you the unique opportunity to buy low-cap coins before they attract public attention and their prices rocket.

What’s more, when going all-in on Best Wallet and purchasing its native token – $BEST – you get extra sweet perks These include reduced transaction fees, significant staking rewards currently at a 135% APY, and community governance rights.

The wallet also has a lot to look forward to in the pipeline: crypto wallet portfolio management, exclusive market insights, an NFT gallery, and a crypto debit card so you can spend your assets freely.

To get the full scope, check out Best Wallet on X and Telegram or read our comprehensive Best Wallet review.

Join Best Wallet for ultimate privacy.

2. Zengo – Make Your Private Keys Unhackable with MPC Tech

Zengo is second in our list of the best hot wallets for crypto, mainly because of its formidable security features.

Unlike Best Wallet, this leading software wallet generates private keys through multi-party computation (MPC).

This means it splits your private keys into multiple encrypted shards to make them virtually unhackable.

Therefore, with Zengo, you can rest easy knowing nobody will gain access to your private keys and, thus, your digital riches.

Another security measure behind its popularity is three-factor authentication (3FA). To prevent unwanted access, you must provide three distinct forms of identification.

For extra safety, you might consider going pro (for $19.99 monthly or $129.99 per year). This gives you additional features like legacy transfer, theft protection, and a Web3 firewall.

Meanwhile, theft protection secures your funds with 3D FaceLock verification, while Web3 firewall uses real-time smart contract analysis to shield against blockchain-based threats.

Go pro, and you also enjoy discounted fees of up to 50%, priority customer support, free crypto tax reports, and funds for gas fees.

So, if you’re willing to spend a few bucks on an upgrade, Zengo is the best security option.

It doesn’t offer as many integrations as Best Wallet, but does work with WalletConnect. This lets you interact with decentralized dApps to buy, sell, and trade NFTs on OpenSea and crypto on DEXs.

Want maximum security? Go pro with Zengo.

3. Binance Wallet – Move Between CeFi, DeFi, and Web3 with a Single Tap

As you may already know, Binance is the world’s largest exchange, but it’s also got a hot wallet.

When creating an account on a desktop or mobile device, you can access the CEX’s default custodial wallet.

But, in late 2023, it also launched Binance Wallet, a hot, non-custodial wallet. It supports 350+ across 38 blockchains and is directly integrated into the Binance mobile app.

Binance Wallet’s user-friendly, modern design lets you access various powerful features easily. One example is exclusive airdrops that give you early access to tokens from promising Web3 projects.

And there’s more. It offers optimal cross-chain token swaps, so you can trade various tokens across networks with deep liquidity and low slippage.

We also like that the hot wallet app gives you direct access to breaking crypto news and the Binance Academy. That means you can expand your knowledge on blockchain, NFT, and DeFi without leaving the app.

As for security, it splits your private keys into three ‘key shares’ through MPC technology. To access it, you need two of these shares. This enhances security without the need for a traditional seed phrase.

It also has built-in risk alerts that flag any potential security risks associated with tokens and blockchains. Plus, it offers 24-hour customer support if you require assistance.

For your peace of mind, Binance allocates 10% of all trading fees to its Secure Asset Fund for Users (SAFU). This is a backup for lost funds in a security breach.

If anything, the theft of $1.5B from ByBit in February 2025 highlights the importance of insurance like this.

Explore the fully decentralized Binance wallet.

4. MetaMask – 30M+ Monthly Users Seeking Seamless Interaction with Multiple Blockchains

Next on our list of the best hot wallets for crypto is MetaMask. It boasts a jaw-dropping 30M+ monthly active users and has facilitated 5B+ transactions since 2021.

This non-custodial wallet is available as a browser extension and mobile app. It lets you easily buy, sell, trade, manage, and swap 170+ cryptos and NFTs across 18 blockchains. It’s also designed to facilitate integrations with dApps like NFT marketplaces and Web3 games.

Upon signing up, you’ll be prompted to create a seed phrase (a 12-word pin) that acts as a backup for your wallet if you lose access. It encrypts your private keys and stores them locally on your device, which helps minimize the risks of a data breach.

Moreover, when making transactions, you must confirm the details (like the recipient’s address) to ensure your funds go to the correct place. And, to prevent you from becoming a victim of phishing attacks, it sends Blockaid-run security alerts if malicious actors are detected.

It also integrates with hardware wallets like Trezor and Ledger to provide an additional layer of security. That’s because these store your private keys offline.

Besides its robust security, we’re big fans of MetaMask Swap, which lets you quickly swap tokens inside the wallet. It also gives you the best quotes from top providers, so you never pay more for swaps or gas fees.

It also automatically aggregates available liquidity from the top DEXs and professional market makers. Thus, if you can’t find the coin you’re after, it probably lacks a significant amount of liquidity and isn’t worth eyeing, anyway.

Swap coins easily on MetaMask.

5. Trust Wallet – 10M+ Assets and 600M NFTs Across 100+ Chains

Like MetaMask, Trust Wallet is another one of the best Web3 wallets right now. It’s available on mobile and as a desktop browser extension.

Trusted by 200M people worldwide, it lets you easily buy, sell, trade, manage, and swap cryptos and NFTs across multiple blockchains

It also lets you convert 110 types of fiat currencies to buy 300+ cryptos directly through the wallet in under five minutes. These include OG coins like $BTC, $ETH, and $BNB, as well as the best altcoins.

Popular with casual buyers, it lets you purchase a digital asset on the platform for as little as $10.

When using its fiat on-ramp services, fees vary depending on your chosen provider. Some of the most popular choices include MoonPay, Simplex, and Banxa.

If you’re into swapping, it’s partnered with third-party services like ThorChain, 1inch, Mimic, and Axelar to let you swap 1M+ crypto pairs seamlessly.

Moreover, you can stake 24+ cryptos with APY up to 21.73% in just a few steps. It’s a great option if you want to earn some passive income

Its security is not to be sneezed at, either. Trust Wallet is ISO Certified and independently audited by security experts (Certik, Cure53, Halbon, and Kudelski Security) – underscoring Trust Wallet’s dedication to providing a trustworthy, secure, and transparent platform.

If you need a helping hand, the website has a chatbot that responds to questions in seconds

Stake cryptos with high APY on TrustWallet.

6. Coinbase Wallet – Customized NFT Browsing, DeFi Liquidity Pools & DAO Governance

Coinbase Wallet lets you store and manage cryptos and NFTs on popular networks, such as Ethereum, Bitcoin, Solana, and Dogecoin.

Available on mobile and as a browser extension, the hot wallet lets you explore thousands of tokens and dApps directly.

Unlike the Coinbase exchange, the Coinbase wallet is non-custodial, so you have complete control over your private keys.

As a self-proclaimed ‘passport to the decentralized web,’ you can use its DeFi liquidity pools to supply and borrow crypto. Additionally, you can swap assets on DEXs and join a decentralized autonomous organization (DAO) to shape popular Web3 projects.

It’s an excellent option for NFT fans because it lets you discover trending mints, view NFTs in grid view, and listen to audio NFTs with customized playback controls.

It also has a dApp blocklist that protects you against malicious dApps and spam token management. This prevents suspicious tokens from appearing in your wallet.

If you have a Ledger wallet (one of the best anonymous crypto wallets), you’ll be pleased to know you can connect your Coinbase Wallet to your hardware wallet.

Manage cryptos and NFTs on Coinbase Wallet.

What Is a Hot Wallet?

A hot wallet is a software or app-based wallet that’s connected to the internet, making it convenient for easy and fast transactions.

Hot wallets often feature user-friendly interfaces accessible on mobile, desktop, or both. They simplify buying, selling, managing, and transacting with cryptocurrencies and NFTs.

The best crypto hot wallets in 2025 are highly secure and user-friendly on both mobile and desktop.

How a Hot Wallet Works

A hot wallet works by using a public key and a private key. Both are needed to make a transaction – the former tells the network where the funds are going, while the latter validates that you made the transaction for security purposes.

Seed phrases (recovery or mnemonic phrases) are equally crucial. They’re a series of words generated by your wallet that let you restore your wallet, usually if your device has been lost or damaged.

If someone else can access your private key and seed phrase, they’ll be able to access your funds, so keeping them secure is essential. We advise writing both down on paper and storing them in an ultra-safe space, away from fraudsters’ reach.

Types of Hot Wallets

You get several types of hot wallets. Custodial wallets hold your private keys and seed phrases, which means you’ll have to trust the provider’s security practices to protect your funds.

Whether non-custodial or custodial, hot crypto wallets often employ additional protective measures like 2FA and encryption to mitigate the risks of cyber threats.

Still, both wallet types have their advantages and limitations.

Hot Wallet vs. Cold Wallet

A hot wallet is an app or piece of software connected to the internet, making it easy to access and manage your crypto and NFTs anytime.

In contrast, cold wallets are hardware devices that keep your keys offline. They’re designed to store crypto safely over the long term.

How to Choose a Hot Crypto Wallet

When picking the best hot wallet for crypto, here are some key factors to consider. These are the same criteria we assessed when coming up with this list:

• Security: Look for hot wallets with top-notch security features, such as 2FA, MFA, encryption, and backup options.
• Cryptocurrency & blockchain support: Choose hot wallets that support various cryptos across multiple chains. This lets you manage all your assets in one safe space.
• Incorporated exchanges: Check if the wallet is integrated with crypto exchanges, making trading assets directly on the wallet easier.
• Staking: Opt for a hot wallet that supports crypto staking. This way, you can earn additional income while supporting the blockchain on which it’s held.
• Device & platform compatibility: For ease of use, ensure your wallet works with various devices (such as mobile, desktop, and browser extensions).
• Ease of use: Make sure the wallet is user-friendly and intuitive to easily manage your assets.
• Reputation: Check reviews online to gauge community sentiment about the wallet. It’s also good if firms like CertiK, Trail of Bits, or Least Authority have audited it. These audits check for vulnerabilities in the wallet’s code, especially around private key management, encryption, and user data safety.
• Fees: Pay attention to costs associated with the wallet, such as transaction fees and hidden charges for additional services. You want a wallet that’s cost-effective and transparent about its fees.
• Customer support: Hunt down wallets with good customer support if you ever need assistance.

How to Set Up a Hot Wallet

Now that you know which hot wallet offers what, here’s a quick rundown of how to download one. For this guide, we’re using the top wallet on our list, Best Wallet, but the steps are similar for most hot wallets.

Step 1: Download the Wallet App on Your Mobile

You’ll first have to download the Best Wallet app to get started. Depending on whether you’re an Apple or Android fan, go to the Apple App Store or Google Play, search for Best Wallet, and press ‘Get’ or ‘Download.’

Alternatively, you can head to the official Best Wallet website, click ‘Download Best Wallet’ in the top right corner, and scan the QR code.

Step 2: Create a Best Wallet Account

Now you’ve downloaded the mobile app, select ‘Get Started,’ and enter your email address. You’ll then receive a verification code to type into the app to continue creating your account.

Step 3: Create a Passcode & Enable Biometric Login

You’ll then be asked to create a four-digit passcode and enable biometric login (face ID, if you want). We recommend doing so because it protects against intrusions and streamlines access.

Step 4: Fund Your Wallet & Purchase Crypto

You must fund Best Wallet to buy, manage, and trade assets. You can purchase crypto through the app using your credit card, debit card, or PayPal.

Click the ‘Buy’ tab on the top right of the home screen. Then, select the crypto you want to buy and choose your preferred payment method. You can buy as many tokens as you like.

Tips on How to Use a Hot Wallet Securely

The best hot wallets in 2025 employ several security measures to keep you safe, such as 2FA, encryption, and secure backup options.

Nevertheless, you’re not entirely immune to risks if you accidentally expose your private keys or fall victim to a cyberattack.

To help you keep your assets safe, here are some best practices for securing your wallet:

1. Never store your private key in your notes or as a screenshot on your device.
2. Keep separate wallets for daily trading and HODLing.
3. Enable 2FA when you create a cold wallet account for added protection.
4. Use a strong, distinct password that isn’t reused elsewhere.
5. Regularly back up your wallet’s recovery phrase in a safe location.
6. Be cautious of phishing scams – never click on suspicious links, websites, or emails.
7. Only download wallet apps from official sources, such as the direct links in this review, the Apple App Store, or the Google Play Store.

Hot Crypto Wallets – The Takeaway

The best hot wallets are essential tools for managing your digital assets securely online and accessng the best Web3 features.

The one that most appeals to you depends on your asset management goals. If you’re into early-phase projects with the lowest entry points, Best Wallet, for instance, is the first to spotlight reliable presales. That means you can capitalize on promising, low-cap projects before they attract public attention.

On the other hand, if you want to significantly diversify your portfolio with various assets, Trust Wallet is likely your go-to option. That’s because it supports the most cryptos (10M+) and blockchains (100+).

Whether you’re into DeFi, NFTs, or staking, you’ll find a hot wallet on this list that meets your needs.

Still, as you explore the best crypto hot wallets in 2025, do your homework and pick one that offers robust security and functionality for peace of mind. This is not investment advice.

FAQs

1. Are hot wallets worth using?

Yes, the best hot crypto wallets like Best Wallet and Zengo are worth using. That’s because they’re connected to the internet, making it super simple to trade crypto and access dApps on the go.

2. What’s the safest hot crypto wallet in 2025?

Each hot wallet mentioned in our top list is safe. Best Wallet leverages 2FA to keep assets safe, while Zengo has cutting-edge security measures like MPC technology and MFA. That said, you should always employ best practices like using strong passwords and enabling biometrics to ramp up your own security.

3. How are cryptocurrency hot wallets different from cold wallets?

Unlike cold wallets, hot wallets are apps connected to the internet. This makes accessing and managing crypto easier anytime but can make you more vulnerable to cyber threats. Cold wallets, being offline, are immune to online attacks.

4. How much does a hot wallet cost?

Hot wallet apps and browser extensions are often free to download. However, they may charge fees for access to advanced features. Zengo, for instance, requires you to pay $19.99 per month or $129.99 per year to access its advanced security features like legacy transfer, theft protection, and Web3 firewall.