The Best Decentralised Crypto Wallets for 2025

The number of cryptocurrency holders is expected to reach roughly a billion people by 2027, which is a staggering number. However, the rise of crypto holders poses new sets of challenges, one of which is finding and using a proper crypto wallet to keep your assets safe.

In that line, we cannot overlook the importance and value decentralised crypto wallets bring. They have several advantages compared to their centralised counterparts, but are they actually better? Also, which decentralised wallets are the best in 2025? Let’s answer all these questions and much more!

How Does a Decentralised Crypto Wallet Work?

Before choosing from our list of Decentralised Crypto Wallets, you need to know how they work exactly.

A decentralised crypto wallet, or as some may call it – a non-custodial wallet is an app or a device that allows you to store your private and public keys without needing intermediary services from a third party – a crypto exchange platform.

As such, decentralised wallets give you full control over your funds and private keys, which is the main advantage they hold over centralised storage options.

What are the Other Differences With Centralised Wallets?

At the end of the day, both centralised and decentralised wallets perform the same function – allowing you to store and manage your crypto assets. Nonetheless, there are still some important features that distinguish them from one another:

• Custody – as stated above, a centralised wallet doesn’t allow you full control or custody over your private keys. On the other hand, we have decentralised wallets that give all users complete control over their private keys, which is arguably their main selling point.
• Security – we are not here to say that centralised wallets are not secure, but they are surely more prone to hacking due to their infrastructure. That point of failure is eliminated with decentralised wallets – especially if you choose hardware options.
• Privacy – one of the biggest downsides of centralised wallets is that they will still ask you for KYC procedures, which is contrary to the cornerstone of cryptocurrencies – anonymity. Decentralised wallets have no such requirements.
• Recovery options – now, let’s mention one advantage centralised wallets have – you can restore your funds if you lose access to them, but decentralised wallets don’t have that function. So, if you lose your private key or seed phrase, you can say goodbye to your assets!
• Better support – a widespread claim in the crypto world is that centralised wallets tend to have better customer support options for their users.

How to Choose The Best Decentralised Crypto Wallet

Each decentralised crypto wallet you will find on our list has its own set of advantages. You won’t make a mistake regardless of which one you choose, but there are some features and aspects that may help you select the one that is better suited for your trading activities.

As such, before you make your choice, we suggest you answer the following questions:

1. How many tokens will you store? If you are thinking about large chunks of cryptocurrency, then we suggest you buy a hardware wallet.
2. How often will you trade? If you are an everyday trader, then a software wallet will be the right option for you. On the other hand, if you plan on holding your assets for a longer time without any activity, then once again – a hardware wallet is your go-to option.
3. Which crypto will you store? Different wallets support different cryptocurrencies. All of the wallets we will review support the biggest cryptos, but some niche ones may not be available everywhere.
4. What device will you use? Some wallets are great for smartphone users, so if you plan on trading through your mobile device, they should get the nod.

Types of Decentralised Wallets

Before we dive into the best decentralised crypto wallets, we would like to mention the different types of DeFi wallets you can choose from, so you know how to better recognize them.

1. Software Wallets

Most crypto investors will go for a software decentralised wallet, often referred to as a “hot wallet“. As the name itself might suggest, these wallets keep your funds online at all times, which gives you convenience, but also hacking risk.

Software wallets come in many different forms, but mobile apps are widely accepted by the crypto public. They offer a high level of convenience as they allow you to send and receive cryptocurrencies – all with just a couple of touches on the screen!

Note that software wallets can also come in the form of browser extensions. They usually work fine on all browsers, so if you are a vivid laptop user, then this is where you need to shift your attention.

2. Hardware Wallets

Up next, we have hardware wallets that allow you to store your private keys on a remote device. That way, your private keys are always offline, and the risk of hacking is completely eliminated.

To access your keys, you will have to use a PIN code, which is super convenient and safe – especially if you store large amounts of crypto.

However, as stated beforehand, hardware wallets are not ideal options if you are an active crypto trader, as you may not be able to always access the hardware device. Note that hardware wallets can be pricey, and if you order some online, you will still need to provide personal and financial information – as is the case with any online purchase.

3. Paper Wallets

Lastly, paper wallets have to be mentioned, but they are arguably the least secure options for crypto traders. They contain a QR Code that you can generate via BitAddress or another app and you can print it onto a paper. Then, you just have to keep the paper somewhere safe, where no one can access it.

The Best Decentralised Crypto Wallets – Our Picks

Now that you know all about how decentralised crypto wallets work, we can dive into the part you have been expecting – the list of the best DeFi wallets in the world. It is an extensive and ever-increasing list, so we have only included the best of the best here.

1. MetaMask

Every discussion about decentralised crypto wallets must start with MetaMask. It is one of the most popular crypto wallets in the world right now and it comes both as a mobile app and a web extension.

MetaMask is hosted on the Ethereum blockchain and works perfectly with decentralised applications. Even though the Ethereum network is the default one in MetaMask, you can always switch it if you configure it accordingly.

One big disadvantage MetaMask has is that it is not compatible with Bitcoin – the largest cryptocurrency by market cap.

2. Trust

Up next, we have Trust wallet, an open-source and multi-currency crypto wallet that is ideal for storing almost any crypto you may have. Of course, Trust is available for both smartphone and desktop users, and you can use your bank card to purchase cryptocurrencies or stake them.

Due to the built-in Web3 browsers in Trust, all users have complete access to decentralised apps, and it is considered one of the most secure wallets out there.

3. Zengo

Zengo is a specially designed mobile crypto wallet that allows support for 120+ cryptocurrencies. It has multi-chain support for NFTs and a dApp marketplace with a WalletConnect feature to ensure secure transactions with Web3 dApps.

One of the main reasons why Zengo is highly regarded in the crypto community is its security history. In over 5 years of existence, Zengo didn’t have a hacked wallet or any sort of security problem.]

Apart from the robust security features, Zengo secures your private keys with a multi-party computation solution instead of seed phrases. This means that you can restore your wallet if you lose access to your assets with 3-factor authentication, which is just a step forward as far as DeFi wallets are concerned.

A proof of how seriously Zengo takes its security is that this is a feature available on the free version of the wallet. You can also purchase a pro version for $69.99 per year and enjoy additional and more advanced components.

4. Ledger Nano S Plus

Let’s now switch our focus to hardware wallets. The first one that comes to mind when thinking of secure wallets of this kind is the Ledger Nano S Plus.

It is the second wallet of this kind the Ledger company has produced, with the first one called Ledger Nano X.

Nano S Plus is a bit more expensive than its predecessor, but it offers all the functionalities that you may need. Usually, it costs around $80 and you can use it to store over 5,500 crypto assets. You can install up to 100 apps at any time on the device, and Nano S Plus fully supports NFTs.

Nano S Plus has staking capabilities, so you can always use it to stake ETH, Solana and Cosmos.

Finally, Ledger Nano S Plus has a simple recovery process. If you lose your device by any chance, you can always rely on your recovery phrase and get a new Ledger wallet.

5. Trezor Model One

Trezor Model One is another famous hardware wallet that is surely on par with the Ledger wallets. Just like Ledger, Trezor has two wallets, but here, we will focus on the cheaper one – Model One.

It is priced at only $70 and features all the robust security features you can think of:

• RoHS and CE certifications
• Up to 50-digit long PIN codes
• Hands-on verification

Trezor Model One is a small device with a tiny screen, but it allows you to seamlessly buy and sell coins through the Trezor Suite App. Lastly, this hardware wallet allows you to store over 1,200 coins and tokens, including, but not limited to:

• Bitcoin
• Ether
• Tether
• Binance Coin
• Cardano
• Dogecoin

6. Ellipal Titan 2.0

Ellipal is another hardware wallet manufacturer, but one that is relatively newer in the industry. It was launched in 2018 in Hong Kong and it is one of the first hardware wallets that ensures air-gapped transactions through offline QR codes.

Ellipal Titan 2.0 holds a certification by EAL5 and if offers a secure exterior, apart from ensuring users enjoy a decentralised trading process. This is the first meta-sealed hardware wallet, so it is surely immune to any physical attacks.

Additionally, Ellipal 2.0 allows you to access more than 10,000 cryptocurrencies and coins, with the auto-destruct mechanism deleting all your private information if the device detects any tampering. You can get your hands on this Ellipal wallet for $169.

7. Coinbase Wallet

The Coinbase exchange has an in-built decentralised wallet that gives you full control over your assets. The wallet itself is quite robust in terms of features, as it allows you to store thousands of cryptocurrencies, manage your NFTS and explore the decentralized app space.

Apart from that, the Coinbase wallet does not collect any personal information or share it with the Coinbase CEX, so you have nothing to worry about in terms of your anonymity,

If you want to stake certain cryptocurrencies, you will have to go through dApps like Uniswap, as the Coinbase wallet does not have this functionality yet.

8. Crypto.com

Finally, we finish this list with a decentralised wallet that is best suited for experienced crypto traders – Crypto.com. The wallet is not connected to the Crypto.com exchange and therefore functions as a non-custodial wallet.

You can use it to store and view your NFTs, regardless of their format or the blockchain where they are at. You can store more than 1,000 coins and tokens on the Crypto.com wallet, and you can also trade those assets.

Lastly, Crypto.com uses multi-factor authentication and in the unlikely event of a hack, the company will reimburse the damage you have suffered.

Compare and Choose The Best Wallet

The wallets mentioned above are just the tip of the iceberg when it comes to decentralised storage options for your cryptocurrency. However, their robust security mechanisms and additional features make them stand out in the saturated DeFi world.

Now, all that it is left for you is to browse through the wallets above, see which one matches your preferences the most and choose accordingly!