Best Decentralized Wallets

Top 10 Decentralized Crypto Wallets for 2025: Secure Your Coins Without Custodians

Decentralized crypto wallets—often called non-custodial or self-custody wallets—are a favorite among investors who want full control over their coins and private keys, sidestepping the risks of third-party custodians. Curious about the best options for 2025? This guide highlights the top 10 decentralized wallets, covering both software and hardware solutions. I’ve ranked them based on security, network support, trading features, and more.

Ranking the Best Decentralized Crypto Wallets

Here’s my list of the top decentralized wallets for 2025:

  1. Best Wallet – Top mobile-friendly decentralized wallet
  2. Cypherock – Cutting-edge hardware wallet with no seed phrase
  3. Zengo – Beginner-friendly multiparty computation wallet
  4. ELLIPAL Titan 2.0 – Air-gapped hardware with QR code security
  5. Ledger Nano X – Cold storage with Bluetooth convenience
  6. Trezor Model One – Budget hardware wallet with strong security
  7. Binance Wallet – Ideal for multi-chain and DEX access
  8. ByBit Wallet – Perfect for derivatives traders
  9. NGrave Zero – Ultra-secure with EAL7 certification
  10. Gate.io Wallet – Best for DeFi and diverse trading

Keep reading for a detailed breakdown of each!

Exploring the Top Decentralized Wallets

Let’s dive into these wallets, assessing their safety, ease of use, and supported cryptocurrencies.

1. Best Wallet – Ultimate Mobile Decentralized Wallet

Best Wallet takes the crown for mobile users with its secure, intuitive app for iOS and Android. It’s a breeze to send and receive funds, backed by robust security like biometrics and multi-factor authentication (MFA). A unique recovery passphrase keeps your assets safe if needed. It supports Ethereum, Polygon, and BNB Chain, with Bitcoin and Solana on the way—a limitation for now. Add custom tokens easily with their contract addresses. Web3 integration, in-app swaps, and upcoming features like a token launchpad make it a standout.

Key Features: Intuitive design, multi-coin support, mobile/desktop access, built-in trading.

Details: Hot wallet, supports Ethereum/BNB/Polygon tokens, no swap fees, mobile app.

Pros: Free, secure, swap-friendly.

Cons: No Bitcoin yet, mobile-only.

Visit: Best Wallet 

2. Cypherock – Seedless Hardware Security

Cypherock X1 redefines hardware wallets by ditching seed phrases. Using Shamir Secret Sharing, it splits keys across a vault and four X1 cards—lose one, and you’re still safe. Supporting 3,000+ coins, it’s open-source, audited, and offers MFA. Its Cypherock Cover feature adds non-custodial inheritance, ensuring your crypto passes to nominees after inactivity. At $159, it’s a forward-thinking choice.

Key Features: Seedless backup, Shamir security, 3,000+ coins, inheritance option.

Details: Cold wallet, no mobile app, no swaps.

Pros: No seed risks, audited, inheritance-ready.

Cons: No mobile app, no swaps.

Visit: Cypherock

3. Zengo – MPC Security for Newbies


Zengo leverages multiparty computation (MPC) to split wallet credentials across servers, eliminating single-point vulnerabilities. Available on iOS/Android, it uses MFA (email, biometrics, cloud) for recovery. It supports Bitcoin, Ethereum, BNB Chain, and Dogecoin, but skips Solana and XRP. Swaps via Changelly carry a 3% markup. It’s beginner-friendly and secure, boasting no hacks to date.

Key Features: Keyless MPC, biometrics, coin swaps, Web3 support.

Details: Hot wallet, 0.5% swap fee, mobile app.

Pros: Hack-proof, easy recovery, fast support.

Cons: Limited chains, swap markup.

Visit: Zengo

4. ELLIPAL Titan 2.0 – Air-Gapped Fortress

ELLIPAL Titan 2.0 ($169) is a hardware champ with air-gapped security—no USB or Bluetooth, just QR codes for transactions. Setup via its app generates a QR code, scanned by the device, ensuring offline safety. It supports 10,000+ tokens across Bitcoin, Ethereum, Solana, and more. Ideal for high-security needs, though swap fees vary.

Key Features: Air-gapped, tamper-proof, touchscreen, 40+ blockchains, QR transactions.

Details: Cold wallet, mobile app, Changelly/SWFT swap fees.

Pros: Ultra-secure, broad token support.

Cons: Pricey, external swap fees.

Visit: ELLIPAL Titan 2.0 

5. Ledger Nano X – Bluetooth Cold Storage

Ledger Nano X ($149) offers offline key storage with a twist—Bluetooth for Web3 and mobile use via Ledger Live. It supports 1,800+ coins, including Bitcoin and Solana, and offers swaps, staking, and fiat onramps. PIN entry on the device adds security, though it’s not fully open-source.

Key Features: Bluetooth, EAL5+ chip, multi-coin, DeFi/NFT support.

Details: Cold wallet, mobile app, Changelly swap fees.

Pros: Web3-ready, versatile, secure.

Cons: Costly, not open-source.

Visit: Ledger Nano X

6. Trezor Model One – Budget Security Star

Trezor Model One ($59) is a cost-effective hardware wallet with offline storage and PIN protection. Open-source and recoverable with a passphrase, it supports 1,000+ coins but misses XRP and Solana. It’s perfect for budget-conscious security seekers, not active traders.

Key Features: Hardware security, open-source, 2FA, recovery.

Details: Cold wallet, mobile app, up to 7.49% swap fees.

Pros: Affordable, secure, transparent.

Cons: Limited coins, not trade-friendly.

Visit: Trezor

7. Binance Wallet – Multi-Chain Powerhouse

Binance Wallet shines for chain diversity and DEX access, syncing across web, mobile, and desktop. With multi-signature and 2FA security, it supports major coins and integrates with Binance’s ecosystem for trading and staking. Low-fee swaps are a perk, though KYC is required.

Key Features: High security, multi-coin, cross-device, trading tools.

Details: Hot wallet, mobile app, no swap fees.

Pros: Chain variety, low fees, user-friendly.

Cons: Partially centralized, KYC needed.

Visit: Binance

8. ByBit Wallet – Trader’s Delight

ByBit Wallet caters to derivatives fans with mobile/desktop access and ByBit trading integration. Multi-signature, 2FA, and cold storage secure it, supporting Bitcoin, Ethereum, and USDT. Swaps and staking add value, though KYC applies for full use.

Key Features: Trading tools, coin support, staking, top security.

Details: Hot wallet, mobile app, low swap fees.

Pros: Trader-focused, secure, income options.

Cons: Complex for newbies, KYC required.

Visit: ByBit

9. NGrave Zero – Fort Knox of Wallets

NGrave Zero ($398) is an air-gapped beast with EAL7 certification—top-tier security. It supports 4,000+ assets, uses biometrics, and offers a Graphene steel backup. Its rugged design suits high-value holders, though it’s bulky and pricey.

Key Features: Air-gapped, EAL7, touchscreen, QR transactions.

Details: Cold wallet, mobile app (NGRAVE Liquid), no swap fees.

Pros: Max security, broad support, durable.

Cons: Expensive, heavy.

Visit: NGrave

10. Gate.io Wallet – DeFi Trading Hub

Gate.io Wallet excels for DeFi and trading, supporting 1,400+ coins. With MFA, cold storage, and Proof of Reserves, it’s secure and ties into Gate.io’s ecosystem for staking and DApps. It’s free but KYC-reliant for full features.

Key Features: Security, vast coin support, DeFi tools, cross-platform.

Details: Hot wallet, mobile app, low swap fees.

Pros: Coin diversity, DeFi-ready, transparent.

Cons: Exchange-focused, KYC needed.

Visit: Gate.io

What’s a Decentralized Crypto Wallet?

Decentralized wallets (non-custodial/self-custody) let you store crypto without third-party control—only you hold the private keys. Unlike custodial wallets (e.g., exchange-based), where providers manage keys and can freeze funds, decentralized wallets give you autonomy over sending, receiving, and storing coins, plus seamless DApp integration.

Why Choose a Decentralized Wallet?

Here’s why they’re a smart pick:

Full Ownership

“Not your keys, not your coins” sums it up. Centralized wallets (e.g., exchanges) risk hacks or freezes—think FTX’s collapse. Decentralized wallets keep your crypto in your hands, like cash in a safe.

No Third-Party Gatekeepers

Send and receive funds peer-to-peer, no approval needed. Centralized wallets require withdrawal requests, risking delays or blocks (e.g., FTX, 2022). Decentralized wallets post transactions straight to the blockchain.

Multi-Network Flexibility

Support for multiple blockchains (e.g., Trust Wallet’s 100+) lets you manage diverse portfolios and add custom tokens via contract addresses.

DeFi Access

Connect to swaps (Uniswap), NFTs (OpenSea), staking, or lending platforms directly—often with in-wallet tools, though markups may apply.

Privacy First

No KYC for setup or basic use—just download and fund. Centralized wallets demand IDs, linking transactions to you.

DeFi vs. Centralized Wallets

  • Keys: DeFi = you control; Centralized = provider controls.
  • Custody: DeFi = self-managed; Centralized = exchange-managed.
  • Security: DeFi = varies (hardware safest); Centralized = robust but reliant on provider.
  • Chain Access: DeFi = on-chain freedom; Centralized = off-chain approvals.

Types of Decentralized Wallets

  • Software (Hot): Online, convenient—mobile apps (PIN/biometrics), desktop (less secure), browser extensions (password-only).
  • Hardware (Cold): Offline devices (e.g., ELLIPAL Titan 2.0), unhackable remotely, PIN-protected, $59–$179.
  • Paper: Free, offline, passphrase-based (e.g., Trust Wallet), best for long-term holding.

Hot vs. Cold Wallets

  • Hot: Online, trade-friendly, riskier (e.g., MetaMask).
  • Cold: Offline, secure, less convenient (e.g., Ledger).

How Wallets Work

Wallets manage public (receive) and private (spend) keys. They sign transactions to prove ownership, syncing with blockchains. Functionality varies by wallet type and supported networks.

Benefits of DeFi Wallets

  • Decentralized: No middlemen, full control.
  • Web3: DApps for staking, trading, lending.
  • Compatibility: Multi-chain support.
  • Security/Privacy: Enhanced via hardware, no KYC.

Wallet Overview

WalletPriceNetworksTypeMobile AppFeatures
Best WalletFreeMulti-chainHot/ColdYesSwaps, Web3, fiat onramp
Cypherock$159Multi-chainColdNoSeedless, inheritance, MFA
ZengoFreeMulti-chainHotYesMPC, biometrics, swaps
ELLIPAL Titan 2.0$169Multi-chainColdYesAir-gapped, QR, 10,000+ tokens
Ledger Nano X$149Multi-chainColdYesBluetooth, swaps, staking
Trezor Model One$59Multi-chainColdYesOpen-source, 2FA, recovery
Binance WalletFreeMulti-chainHotYesTrading, DApps, low fees
ByBit WalletFreeMulti-chainHotYesTrading, staking, derivatives
NGrave Zero$398Multi-chainColdYesEAL7, biometrics, air-gapped
Gate.io WalletFreeMulti-chainHotYesDeFi, 1,400+ coins, trading

Securing Your Seed Phrase

A 24-word seed phrase recovers your wallet—keep it safe:

  • Avoid online storage.
  • Write it physically, store in a safe.
  • Make backups, split locations.
  • Never share it.

Are They Safe?

Decentralized wallets are secure, but:

  • Hardware: Cold, unhackable remotely.
  • Software: Hot, prone to phishing/malware—use caution.
    You’re the sole protector; providers can’t recover lost funds.

How I Ranked Them

  • Types: Hot and cold options.
  • Networks: Broad support, custom tokens.
  • Security: Biometrics, MFA, air-gapped.
  • Tools: Swaps, staking, fiat access.
  • Fees: Free storage, low extras.
  • Support: Live chat availability.

Getting Started with Best Wallet

  1. Download: Grab the iOS/Android app from Best Wallet (#).
  2. Setup: Set a PIN, add biometrics/MFA, note your passphrase offline.
  3. Receive: Pick a coin, copy the address, transfer funds.
  4. Buy: Use the fiat onramp with a card.
  5. Send: Enter a destination address, confirm, and send.

Why Best Wallet Wins

Decentralized wallets eliminate third-party risks, and Best Wallet leads with its free, secure, mobile-first design—featuring PINs, biometrics, MFA, and in-app swaps. It’s your key to owning your crypto fully.