Best for beginners: Coinbase

User-friendly interface that is easy to navigate.
Supports more than 500 cryptocurrency assets.
Multi-signature and 2-factor authentication support.
Backed by a reputable trading platform that is able to recoup lost or stolen assets.

Similar security issues and weak points as other hot storage alternatives.
Only available on mobile and tablet devices (except for Chrome extension).

Why we chose it: We chose Coinbase Wallet as the best crypto wallet for beginners because it’s an intuitive and highly secure wallet that is backed by a well-known exchange.

Best for Bitcoin: Electrum

Fast and easy to set up.
Greater security than other hot wallets.
Customizable transaction fees.
Wallets don't suffer downtime thanks to server configurations.

Only supports Bitcoin trading.
Setup and interface not ideal for beginners.
No customer support via chat, email or phone.

Why we chose it: We chose Electrum as the best Bitcoin wallet because of its extensive security features and high degree of customizability.

Best for Mobile: Mycelium

Compatible with popular cold storage solutions (Ledger, Trezor, KeepKey).
HD spending accounts and Single Address saving accounts available.
In-app crypto exchange and educational material.
Offers offline transactions.

Inherently not as secure as hardware wallets
It may be confusing for first-time users.
Only supports Bitcoin, Ether, and ERC-20 tokens.

Why we chose it: We chose Mycelium as the best crypto wallet for mobile devices because of its strong focus on security and advanced transaction history information

Best for Offline Crypto Wallet: Ledger Nano X

Supports a very large number of digital assets.
Built with special hardware designed to protect your private keys.
Bluetooth allows trading on the Ledger Live mobile app.
Built-in battery with 8 hours of battery life.

Much more expensive than other cold wallets.
The use of Bluetooth technology may be a privacy concern for some.
No touchscreen.

Why we chose it: We chose Ledger Nano X as the best offline crypto wallet because of its number of supported currencies, high security standards and mobile trading capabilities.

Best DeFi Wallet:

Choose your preferred trading fee and confirmation speed.
Over 100 coins, including BTC, ETH, CRO, ATOM, DOT and LTC.
Earn interest on more than 35 tokens.

Funds are inaccessible if you lose your private key and recovery phrase.
Built-in token swap has some geo-restrictions.

Why we chose it: We chose as the best defi crypto wallet because of its variety of decentralized finance tools, excellent onboarding process and strong security framework.
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