10 Best Anonymous Crypto Wallets With No KYC in 2026

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Anatol AntonoviciVerified
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Mar 2025
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Anatol is a crypto and Web3 writer at Cryptonews, where he creates educational articles, guides, and reviews about everything related to crypto.

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Tsvetomir is a Crypto Editor and Writer at Cryptonews, where he produces data-backed and impactful content focused on cryptocurrencies, exchanges, wallets, and blockchain technology.

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According to our analysis, the best anonymous crypto wallet in 2026 is Best Wallet, as it requires no ID verification, supports 1,000+ coins across 60+ networks, and offers robust security and privacy features.

However, achieving true anonymity in crypto is difficult because most blockchains have public ledgers, making transactions traceable. Furthermore, countries like the US impose KYC/AML requirements on exchanges, while the EU is cracking down on anonymous accounts and privacy coins like Monero, Zcash, and Dash on regulated platforms.

Even no-KYC crypto wallets don’t guarantee full privacy, as fiat purchases (via card or bank) or transfers from KYC-compliant exchanges can link your identity to the wallet.

To help you find the best anonymous wallets, we evaluated over 30 no-KYC crypto wallets based on criteria like privacy features, security, ease of use, supported coins, and access to Web3 and DeFi. This approach ensures our list of the best crypto wallets with no ID verification is unbiased and reliable. You’ll also learn how to use anonymous wallets properly to maximize your privacy on the blockchain.

Table of Contents
  1. In This Article
    1. 1. Best Wallet - Overall Best Anonymous Crypto Wallet for 2026
    2. 2. Bitamp Bitcoin Wallet – Best Anonymous and Open-Source Bitcoin Wallet
    3. 3. Trezor - Best No-KYC Crypto Wallet for Open-Source Security
    4. 4. Monero GUI – Best Anonymous Crypto Wallet to Store XMR
    5. 5. Wasabi Wallet – Best Anonymous Crypto Wallet for Experienced Users
    6. 6. Zashi – Best Anonymous Crypto Wallet for Zcash
    7. 7. Blockstream Jade - Best Anonymous Crypto Wallet for Bitcoin HODLers
    8. 8. BitBox02 - Best Private Wallet for Ethereum-Based Tokens
    9. 9. Ledger - Best Anonymous Hardware Wallet for Long-Term Storage
    10. 10. Zengo – Top Anonymous Wallet With No Seed Phrase Vulnerability
    1. 1. Private Key Custody
    2. 2. Privacy Features
    3. 3. Traffic Privacy
    4. 4. Best User Practices
    1. Frequently Generate New Wallet Addresses
    2. Don’t Link Your Wallet to KYC Exchanges
    3. Hide Your IP Address
    4. Avoid Using Credit Cards
    5. Use Privacy‑Enhancing Tools
    6. Use Cryptocurrency Mixers (Tumblers)
    1. Full Control of Your Cryptocurrencies
    2. No KYC Processes - Remain Anonymous
    3. Trade Crypto and Earn Interest Anonymously
    4. Prevent Targeted Cyberattacks
    1. Step 1: Download Best Wallet
    2. Step 2: Set Up Your Account
    3. Step 3: Secure Your Wallet
    4. Step 4: Store, Buy, Sell, or Trade Crypto
    1. Privacy Features (30%)
    2. Wallet Security (30%)
    3. Supported Networks and Custom Tokens (20%)
    4. Wallet Fees (10%)
    5. Additional Wallet Features (10%)
  1. In This Article
    1. 1. Best Wallet - Overall Best Anonymous Crypto Wallet for 2026
    2. 2. Bitamp Bitcoin Wallet – Best Anonymous and Open-Source Bitcoin Wallet
    3. 3. Trezor - Best No-KYC Crypto Wallet for Open-Source Security
    4. 4. Monero GUI – Best Anonymous Crypto Wallet to Store XMR
    5. 5. Wasabi Wallet – Best Anonymous Crypto Wallet for Experienced Users
    6. 6. Zashi – Best Anonymous Crypto Wallet for Zcash
    7. 7. Blockstream Jade - Best Anonymous Crypto Wallet for Bitcoin HODLers
    8. 8. BitBox02 - Best Private Wallet for Ethereum-Based Tokens
    9. 9. Ledger - Best Anonymous Hardware Wallet for Long-Term Storage
    10. 10. Zengo – Top Anonymous Wallet With No Seed Phrase Vulnerability
  2. Show Full Guide
    1. 1. Private Key Custody
    2. 2. Privacy Features
    3. 3. Traffic Privacy
    4. 4. Best User Practices
    1. Frequently Generate New Wallet Addresses
    2. Don’t Link Your Wallet to KYC Exchanges
    3. Hide Your IP Address
    4. Avoid Using Credit Cards
    5. Use Privacy‑Enhancing Tools
    6. Use Cryptocurrency Mixers (Tumblers)
    1. Full Control of Your Cryptocurrencies
    2. No KYC Processes - Remain Anonymous
    3. Trade Crypto and Earn Interest Anonymously
    4. Prevent Targeted Cyberattacks
    1. Step 1: Download Best Wallet
    2. Step 2: Set Up Your Account
    3. Step 3: Secure Your Wallet
    4. Step 4: Store, Buy, Sell, or Trade Crypto
    1. Privacy Features (30%)
    2. Wallet Security (30%)
    3. Supported Networks and Custom Tokens (20%)
    4. Wallet Fees (10%)
    5. Additional Wallet Features (10%)
Why trust Cryptonews

Best No KYC Crypto Wallets Shortlisted

Overall Best Crypto Wallet
9.7/10
Review
  • Non-custodial multi-chain wallet.
  • Broad ecosystem of wallet features.
  • Portfolio management and market insights within the wallet.
Visit Now
Popular Open-Source Bitcoin Wallet
9.5/10
  • Open-source, client-side, free Bitcoin wallet.
  • Seed phrases, private keys, transactions all kept private.
  • Connect directly to the blockchain within the app to send and receive Bitcoin instantly.
Visit Now
Highly Secure Open-Source Hardware Wallet
7.8/10
Review
  • Advanced security with PIN protection, passphrases, and open-source code
  • Supports over 1,800 cryptocurrencies
  • Easy integration with DeFi apps and third-party wallets
Visit Now

Best Anonymous Crypto Wallets in 2026

Here’s a head-to-head comparison of the leading anonymous crypto wallets for 2026:

Wallet Wallet Type Supported Cryptos Key Privacy Features Best For
Best Wallet Non-custodial software wallet 1,000+ Non-KYC, no identifiable data collection, full self-custody Overall best no-KYC wallet
Bitamp Bitcoin Wallet Non-custodial anonymous Bitcoin software wallet Bitcoin Tor support, client-side processing, no email/account creation requirements Tor integration
Trezor Hardware 1,600+ Tor support, Coin Control, private BTC node support Best cold wallet for privacy
Monero GUI Software, non-custodial Monero Privacy by default via XMR, Tor/I2P integration, full node support Private XMR Transactions
Wasabi Wallet Non-custodial software wallet Bitcoin Tor support, Coin Control Advanced users
Zashi Software, non-custodial Zcash only Shielded transactions via Zcash, Tor integration Anonymous Zcash transactions
Blockstream Jade Hardware Bitcoin and Liquid Network assets Tor and proxy support, private BTC nodes, Lightning Network Bitcoin HODLers
BitBox02 Hardware 1,500+ Private BTC node, Tor support, manual CoinJoin Ethereum-based tokens
Ledger Hardware 5,500+ Monero GUI support, shielded transactions via Zcash Long-term storage
Zengo Non-custodial software wallet 1,000+ Private Transaction Mode No seed phrase vulnerability

Top Anonymous Crypto Wallets: Full Reviews

We’ll now review the best anonymous crypto wallets compared above. We’ll cover everything you need to know about each wallet, such as privacy, security, key features, supported networks, and pricing.

1. Best Wallet – Overall Best Anonymous Crypto Wallet for 2026

Best Wallet is the best anonymous crypto wallet of 2026. You can use it without providing personal details like ID, phone number, or proof of address, as it doesn’t require any form of KYC. The wallet also gives you access to its native decentralized exchange (DEX), called Best DEX, and offers encrypted private key backups for enhanced security.

Best Wallet homepage promoting anonymous, non-custodial Bitcoin wallet with app download links

This multi-chain, non-custodial wallet supports over 1,000 assets across 60+ blockchains, including majors like Bitcoin and Ethereum, and more niche ones like Aave and Toncoin. In August 2025, Best Wallet also added support for native Solana, as it continues to expand its supported networks.

Furthermore, Best Wallet offers a native utility token, $BEST, that provides benefits like lower gas fees, higher staking rewards, and governance privileges. We also loved the presale dashboard for early access to promising crypto presales and the real-time market sentiment analysis based on social media. You also get extra security features such as two-factor authentication and biometrics, giving you an additional level of protection. While the wallet’s browser extension is still in development, it’s highly functional on iOS and Android.

Best Wallet Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Over 1,000 cryptocurrencies across 60+ major blockchains, including Bitcoin, Ethereum, and Solana
  • Cost: Free to use, though network fees apply
  • Top Security Features: Two-factor authentication, biometric security (fingerprint and Face ID), PIN protection, and end-to-end encryption

Pros

  • Self-custody wallet app offering complete privacy and anonymity
  • Security tools, including a PIN, fingerprint ID, Face ID, and 2FA
  • No additional fees for swapping tokens within the app
  • Supports more than 60 major blockchains and 1,000 tokens
  • User-friendly experience; suitable for beginners and experienced investors

Cons

  • Not available on desktop yet
Visit Best Wallet

2. Bitamp Bitcoin Wallet – Best Anonymous and Open-Source Bitcoin Wallet

Bitamp Bitcoin Wallet is an open-source, decentralized wallet that connects to the Bitcoin network directly from your browser. Being open-source means that anyone can check the code and confirm that it works exactly as promised. Additionally, Bitamp is anonymous and never stores your seed phrase, private key, transactions, IP addresses, or browser details. You don’t need an email address or to verify your ID to use the wallet, and you can access it via VPN or TOR.

Bitamp Bitcoin Wallet banner highlighting its open-source, client-side design for instant BTC transactions

Once you open your Bitamp Bitcoin Wallet account, you are directly connected to the Bitcoin blockchain. Transactions are instantly broadcast and take around 10 minutes to confirm. There are no country restrictions, meaning anyone globally can access this wallet and start transacting on the Bitcoin blockchain.

This is a non-custodial wallet where you have full control over your assets. Bitamp isn’t an exchange and cannot be hacked or become insolvent. For those who value anonymity above all, Bitamp has its own Onion address: bitampgt5htkfk5ek6bnzzwgr2iuvoeqgy2fofqib2yx7yegnqzgmsid.onion.

Bitamp Bitcoin Wallet Key Takeaways

  • Wallet Type: Non-custodial Bitcoin software wallet
  • Storage Type: Hot storage on the Bitcoin blockchain
  • Cryptocurrencies Supported: Bitcoin
  • Cost: Free to use; network fees apply
  • Top Security Features: Anonymous with its own onion address

Pros

  • No KYC requirements to open an account or send BTC
  • Available globally without restrictions
  • Anonymous with its own onion address
  • Open-source wallet
  • User-friendly interface

Cons

  • Only supports Bitcoin
  • Comparatively limited feature set
Visit Bitamp Bitcoin Wallet

3. Trezor – Best No-KYC Crypto Wallet for Open-Source Security

Trezor achieves anonymity by not requiring KYC and deleting your personal data, such as name and address, from its online store 90 days after purchase. Furthermore, this high-quality cold wallet natively supports the Tor network, which anonymizes your internet connection by masking your IP address and location. Contrary to Ledger‘s closed-source approach, Trezor’s open-source firmware allows full transparency, which means you can audit its security measures yourself, adding trust if you’re concerned about privacy.

Trezor wallet lineup displaying Trezor Safe 5, Safe 3, and Model One with pricing and color options

Trezor provides four models: Model One ($49), Safe 3 ($79), Model T ($149), and Safe 5 ($169), all of which support thousands of coins and tokens. Lacking native staking, in-wallet NFT management, and a mobile app or Bluetooth connection, Trezor is a simple yet highly reliable anonymous wallet.

The Model T comes with Shamir Backup for enhanced security, and you can access advanced features, like staking and trading, through third-party software wallets. Trezor also supports Coin Control, which allows you to pick which coins to spend and obscure spending patterns. Furthermore, you can connect to a personal Bitcoin node straight from the Trezor Suite, which boosts privacy as you bypass Trezor’s servers when transacting with BTC.

Trezor Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 1,600 natively supported coins, with compatibility for over 9,000 tokens through third-party wallets
  • Cost: $49 to $169
  • Top Security Features: Open-source firmware, Shamir Backup for enhanced recovery, PIN protection, and 2FA (FIDO2)
Learn more

Pros

  • Wide variety of models to choose from
  • Open-source software for transparency
  • User-friendly with DeFi integration
  • Features a touchscreen and secure updates

Cons

  • Steep pricing for higher-end models
  • Limited mobile compatibility
Visit Trezor

4. Monero GUI – Best Anonymous Crypto Wallet to Store XMR

Monero GUI is a software wallet built for Monero (XMR). This non-custodial wallet comes with integrated privacy features, such as stealth addresses (automatic one-time addresses for each transaction), ring signatures (help hide the sender’s identity), and RingCT (hides the sent amount). You can also connect the wallet to a Tor node or hardware wallets like Ledger and Trezor.

Monero GUI, anonymous crypto wallet for private XMR transactions

The wallet has two modes, simple and advanced, making it suitable for both beginners and advanced traders. Plus, it comes with an integrated fiat conversion tool. What we liked most about this full-node wallet is its pruning feature. You don’t have to download the entire blockchain. Instead, you can download and sync only two-thirds of the blockchain to save up storage space.

Monero GUI is available as a desktop app for macOS, Windows, and Linux. Keep in mind that you can’t use this wallet to buy or sell XMR. You can only use it for storing, sending, and receiving Monero. We also noticed that initial blockchain syncing takes a long time, especially when running a full local node.

Monero GUI Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Monero (XMR)
  • Cost: Free to use; network fees apply
  • Top Security Features: Stealth addresses, ring signatures, RingCT

Pros

  • Simple and advanced mode
  • Compatible with Trezor and Ledger
  • Integrated privacy features
  • Supports blockchain pruning

Cons

  • No mobile app
  • You can only use it to store and receive XMR

5. Wasabi Wallet – Best Anonymous Crypto Wallet for Experienced Users

Wasabi is a non-custodial software wallet that enables you to trade BTC anonymously. This wallet uses compact block filters to synchronize with the Bitcoin blockchain privately, ensuring that no one can determine which BTC transactions are yours. Moreover, its custom Tor integration, a privacy network that hides your internet activity, makes it extremely difficult for hackers to trace your transactions.

Wasabi, anonymous bitcoin wallet

Wasabi Wallet is suitable for experienced BTC traders as it offers advanced Coin Control features. This means that you can have full control over your UTXOs (Unspent Transaction Outputs). This wallet also uses the WabiSabi Trustless Multi-Party Transaction Protocol, which hides payment origins and combines multiple payments into a single transaction. Plus, it comes with a built-in CoinJoin. However, you’ll have to cover a 0.3% coordinator fee for transactions over 0.01 BTC.

You can integrate Wasabi with hardware wallets, like Trezor, ColdCard, Ledger, Blockstream Jade, and BitBox02. Its biggest limitations are the lack of a mobile app and 2FA.

Wasabi Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Bitcoin
  • Cost: Free to use; network fees apply
  • Top Security Features: Custom Tor integration, Compact Filters, WabiSabi Trustless Multi-Party Transaction Protocol, advanced Coin Control features, built-in CoinJoin implementation

Pros

  • Custom Tor integration
  • Advanced Coin Control features
  • Integrates the WabiSabi Trustless Multi-Party Transaction Protocol
  • Built-in CoinJoin

Cons

  • 0.3% coordinator fee for transactions over 0.01 BTC
  • Lacks 2FA

6. Zashi – Best Anonymous Crypto Wallet for Zcash

Zashi is a non-custodial hot wallet developed by the creators of Zcash – a privacy-first blockchain. This wallet lets you send, receive, and spend $ZEC anonymously, directly from the app. The wallet recently removed its Coinbase on-ramp option due to privacy concerns and replaced it with decentralized swap-based on-ramps. You can now use its swap feature to convert various cryptocurrencies to ZEC, without the need to connect to centralized exchanges.

Zashi, wallet for private ZEC transactions

Zashi’s integration with Flexa enables you to use $ZEC at retail locations, while its Tor integration lets you submit ZEC transactions and connect to third-party APIs. The wallet is available as a mobile app (Android and iOS) and on F-Droid, an open-source app store for Android that focuses on user privacy. The wallet also uses zk-SNARKs to enable shielded transactions on the Zcash network.

On the negative side, Zashi doesn’t implement T-address rotation, meaning the same T-address is reused for receiving funds, making transactions easier to trace. Moreover, in Oct. 2025, blockchain investigator ZachXBT found a traceability issue in its cross-chain feature.

Zashi Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Zcash (ZEC)
  • Cost: Free to use; network fees apply
  • Top Security Features: Decentralized swap-based on-ramps, Tor integration, zk-SNARKs

Pros

  • Integration with Tor
  • Uses zk-SNARKs technology to enable shielded transactions
  • Can be integrated with the Keystone hardware wallet
  • Supports private cross-chain payments

Cons

  • No T-address rotation
  • Mobile-only wallet

7. Blockstream Jade – Best Anonymous Crypto Wallet for Bitcoin HODLers

The Blockstream Jade ensures anonymous crypto storage by not requiring KYC verification and allowing you to hide your traffic data via the Tor network or proxy routing. It also facilitates offline cold storage, keeping your private keys away from the internet, and is fully open-source, which allows the community to audit its security measures.

Blockstream Jade hardware wallet promotion emphasizing Bitcoin security, versatility, and ease of use with a 4.9-star rating

Launched in 2021 and priced at $79, this wallet focuses primarily on Bitcoin, offering multi-signature security with Electrum and Shamir Backup for seed recovery. The device’s open-source firmware is another aspect that boosts transparency and trust. Furthermore, the wallet supports the Liquid Network. This is a Bitcoin side-chain that allows Confidential Transactions, which hide amounts and asset types. Plus, the wallet allows you to connect your own personal Bitcoin node to maximize privacy.

Blockstream Jade is compact and budget-friendly compared to pricier competitors like Ledger’s higher-end products. Despite its small screen and lack of microSD backup, Jade offers excellent value with its robust security features and ease of use. Another key reason we rank it among the best anonymous crypto wallets is that you can buy it with Bitcoin, which adds an extra layer of privacy, plus it’s among the best Bitcoin Lightning Network wallets, ensuring fast and cheap off-chain BTC transactions.

Blockstream Jade Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Only BTC and Liquid Network assets such as L-BTC and Liquid Tether (USDt)
  • Cost: $79 to $149
  • Top Security Features: Air-gapped design, built-in camera for QR code transactions, multi-signature support, spoof wallets for added security, self-destructing PIN after multiple failed attempts, and fully open-source security protocols

Pros

  • Affordable and compact
  • Bitcoin and Liquid Network focus
  • Air-gapped with QR-code scanning
  • High privacy with Multisig Shield

Cons

  • Doesn’t support altcoins
  • Steep price increase from entry to top-tier model
Visit Blockstream Jade

8. BitBox02 – Best Private Wallet for Ethereum-Based Tokens

The BitBox02 is another high-quality hardware wallet that allows you to stay anonymous by not requiring KYC verification and offering fully offline key generation. It uses open-source firmware, allowing for public audits to ensure security and privacy. With your private keys stored in a secure chip, the wallet remains protected from online threats.

BitBox02 hardware wallet advertisement highlighting Swiss-made crypto protection and a 5-star user rating

BitBox02 supports Bitcoin, Ethereum, Litecoin, Cardano, and over 1,500 ERC-20 tokens, making it both versatile and straightforward. As a DeFi wallet, it lets you securely connect to any Ethereum-based dApp. This ERC-20 wallet’s design features a user-friendly interface compatible with both desktop and Android devices.

BitBox’s companion app stands out by supporting the Tor network, which anonymizes all traffic. You can also run and connect a private Bitcoin Umbrel/Raspiblitz node directly within the app’s settings. And while previously lacking iOS support, BitBox recently launched the new Nova Wallet, which is compatible with iPhones and iPads. This makes it a top contender in security and ease of use, competing well with other hardware wallets like Ledger and Trezor.

BitBox02 Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: BTC, ETH, LTC, ADA, and over 1,500 ERC-20 tokens
  • Cost: $149 to $175 for the new BitBox02 Nova
  • Top Security Features: Dual-chip architecture, open-source firmware, microSD card backup, encrypted USB-C connection, touch-based transaction verification, and optional Bitcoin-only firmware to reduce the attack surface​

Pros

  • Supports major cryptos and ERC-20 tokens.
  • Affordable with advanced features.
  • OLED screen, touch slider navigation.
  • USB-C connector, easy setup.

Cons

  • No native support for iOS.
  • Limited coin support outside ERC-20
Visit BitBox02

9. Ledger – Best Anonymous Hardware Wallet for Long-Term Storage

Ledger achieves anonymity by keeping your private keys offline and protected with a Secure Element chip that prevents extraction. It also doesn’t require KYC, so you can manage your crypto without revealing your identity. Both these features make it an excellent choice for secure, long-term crypto storage, as they ensure your assets are safe from both online and physical threats.

Ledger crypto wallet homepage highlighting secure transaction approval and hardware protection features

While Ledger’s hardware offers excellent security, the Ledger Live app routes transaction data through the company’s servers. For maximum privacy, we recommend connecting the hardware device to Sparrow Wallet, which supports the Tor network and lets you run your own private Ethereum and Bitcoin nodes. Ledger offers two entry-level models: the Ledger Nano S Plus ($79) and the Ledger Nano X ($149). If you’re after its top-tier models, you can also pick between Ledger Flex and Ledger Stax, priced at $249 and $399, respectively.

We found Ledger ideal for long-term storage, thanks to its offline protection, 2FA, and secure chip that can last up to 30 years. The device uses a 24-word seed phrase for recovery, with the option for an additional passphrase. Ledger devices also integrate with Monero’s native GUI Wallet, which allows anonymous XMR transactions. Although Ledger’s software isn’t fully open-source, its security features are robust, making it one of the most trusted wallets for serious investors.

Ledger Key Takeaways

  • Wallet Type: Hardware wallet
  • Storage Type: Cold storage
  • Cryptocurrencies Supported: Over 5,500 coins and tokens, including BTC, ETH, XRP, a wide range of ERC-20 tokens, and NFTs on Ethereum and Polygon
  • Cost: $79 to $399, depending on the model
  • Top Security Features: Secure Element (CC EAL5+ certified), PIN protection, Bluetooth encryption, firmware updates to counter vulnerabilities, proprietary BOLOS operating system for extra security
Learn more about Ledger's flagship model

Pros

  • Secure Element chip can last up to 30 years
  • Robust crypto education via Ledger Academy
  • User-friendly Ledger Live companion app
  • Multisignature security via Coinkite integration

Cons

  • Ledger Nano S Plus has no Bluetooth connectivity
  • No touchscreen on Nano models
Visit Ledger

10. Zengo – Top Anonymous Wallet With No Seed Phrase Vulnerability

Zengo is a top choice for anonymous crypto wallets in 2026, largely due to its decentralized nature (hence no KYC) and use of Multi-Party Computation (MPC). This technology eliminates the need for seed phrases, splitting your private keys into two parts – one on your device and another on Zengo’s servers. This ensures no single entity controls your private data, significantly enhancing anonymity and security. Additionally, the wallet provides complete self-custody over your assets, ensuring you have full control.

Zengo Wallet promotional image highlighting top-tier security, over 1.5 million users, and zero hacked wallets

Zengo has never been hacked since its launch in 2018, thanks to its combination of MPC, biometric login, and 3-factor authentication (3FA). It’s designed to be beginner-friendly, and you can buy, sell, and store over 380 assets, including Bitcoin and NFTs, all from the app. In addition, Zengo offers a Private Transactions Mode, which generates new BTC addresses for each transaction. This, however, is a paid feature.

There’s also a Pro version, starting at $19.99/month, that includes advanced features like generational inheritance and a Web3 firewall for enhanced protection. While a big part of Zengo’s security relies on biometric authentication, you can switch it off if you value privacy above all else. Zengo previously required 3D FaceScan for wallet recovery, but this is no longer the case. You’ll need to activate the feature if you decide to use the Pro version’s advanced security features, though.

Zengo Key Takeaways

  • Wallet Type: Non-custodial software wallet
  • Storage Type: Hot storage
  • Cryptocurrencies Supported: Over 1,000 assets, including BTC, ETH, USDT, XTZ, and MATIC, across 14+ networks, plus NFTs on Ethereum and Polygon
  • Cost: Free, but buying crypto with a credit card has a 1.5%-5.99% fee, depending on the provider; Pro version is available at $19.99/month
  • Top Security Features: MPC, no seed phrase vulnerability, 3FA, biometric login with 3D FaceLock, and a Web3 firewall (ClearSign) that protects against phishing and smart contract risks​
Learn more

Pros

  • Support for 380+ cryptocurrencies
  • dApp marketplace with WalletConnect
  • NFT viewing gallery
  • Pro version with extra security features

Cons

  • Doesn’t support all Ethereum Layer-2s
  • Limited staking options
  • Requires biometrics for recovery
Visit Zengo

What Are Anonymous Crypto Wallets?

Anonymous crypto wallets are designed to maximize your privacy by concealing your identity and transaction history. They don’t require KYC verification, letting you manage your crypto without linking your identity to your wallet or transactions.

They also prioritize privacy features, such as using no centralized servers and often integrating with privacy-focused blockchains like Monero or Zcash. For example:

  • A regular wallet like MetaMask or Trust Wallet is semi-private but lacks privacy-focused features, and is linked to your IP or on-chain activity, so traceable to you.
  • An anonymous wallet uses coin-mixing or private-by-default chains to obscure activity.
  • Anonymous crypto wallets are also non-custodial, giving you full control over your private keys and, in turn, full ownership of your assets.

Anonymous wallets also work with tools like Tor (as is the case with Trezor) or VPNs for crypto trading, enhancing anonymity. They’re ideal if you value financial privacy, but may be harder to recover if lost due to having no centralized backup or recovery process.

How Do No-KYC Wallets Work?

Anonymous crypto wallets work by letting you store, trade, and manage your crypto tokens privately through various mechanisms, ranging from a lack of personal info requirements and self-custody to privacy-focused features and best practices on the user side. Let’s unpack these in detail, as achieving anonymity in crypto is a layered process, and each element is important:

1. Private Key Custody

Custody determines who holds a wallet’s private keys, and in turn, controls the stored crypto – the provider or the user. Wallets can be custodial or non-custodial. Custodial wallets are offered by centralized providers who hold your private keys on your behalf – typically, crypto exchanges, such as Coinbase or Binance. Non-custodial wallets, on the other hand, give you full control of the private keys.

how do anonymous crypto wallets work infographic

The first requirement for an anonymous crypto wallet is to be non-custodial. Because if a provider holds your keys, then they can track your transactions, freeze your funds, and leak usage patterns to third parties. Furthermore, you’ll likely need to go through a KYC process, meaning your account and wallet will be verified via and linked to a government-issued ID. In contrast, non-custodial wallets don’t require any personal information, and there’s no third party that controls your funds.

2. Privacy Features

Next, anonymous wallets are equipped with features designed to maximize privacy. Decentralization and self-custody aren’t enough, as crypto blockchains are pseudonymous, rather than anonymous by default, meaning transactions can be tracked. In order for a wallet to obscure your activities on the blockchain, it needs to provide features, such as coin mixing, stealth addresses, zero-knowledge proofs, coin control, and more. We’ll discuss these in more detail in the next section of this guide.

3. Traffic Privacy

Even with the above mechanisms in place, your wallet still won’t be anonymous without traffic protection. That’s because data traveling from your device, through the wallet provider’s servers, and to the blockchain exposes metadata, your IP address, and even your location. To prevent this, you must use your anonymous crypto wallet in combination with tools like the Tor network or a reliable VPN, both of which route your traffic through private servers or nodes, anonymizing it in the process.

graphic showing vpn traffic routing

4. Best User Practices

Finally, even a wallet with ironclad privacy features won’t suffice if you don’t operate it privately. Some activities can reveal your identity, no matter the wallet you use. The most common ones include sending funds to an exchange where you’ve completed KYC, buying crypto with fiat (via credit card or bank transfer), and reusing the same wallet address over and over again. Below, you’ll find a full guide on how to properly use an anonymous crypto wallet to maximize your privacy.

What Privacy Technologies Do Anonymous Crypto Wallets Use?

Besides not requiring KYC, the best anonymous wallets use a variety of privacy tools to keep your transactions hidden and conceal your identity. When researching providers, look for the following features:

  • CoinJoin: A mixing protocol that bundles multiple users’ transactions into a single joint payment, hiding the origin and destination of your funds. At the time of writing, it only works with Bitcoin.
  • Ring Signatures: These combine your transaction signature with decoys from other transactions, making it nearly impossible to trace your funds back to your wallet. The tech works on the Monero network, and you can use it with a Ledger wallet, connected to the Monero GUI.
  • zk-SNARKs: Allow verifying transaction details without revealing data like amounts and addresses. You can take advantage of this by using the Zcash network, which wallets like Zashi support.
  • Stealth Addresses: Using the Monero network, you can generate unique one-time addresses for your transactions, which prevents links to your identity through address reuse. You can use the feature with providers such as Monero GUI, Trezor, or Ledger.
  • Coin Control: This feature lets you choose which coins or “Unspent Transaction Outputs (UTXOs)” to use for your transactions, rather than relying on your wallet’s automatic selection. This prevents snoopers from analyzing your spending patterns and allows you to mix coins with different origins, hiding your footprints from the blockchain. From our list, Wasabi Wallet is an excellent option if you want to use the feature.

Together with other tech we’ve discussed, like Tor, the Lightning Network, and VPNs, these tools boost your privacy on the blockchain to maximum levels. But privacy is one thing, and security another. So read on to learn how to keep your crypto wallet safe:

How to Use an Anonymous Crypto Wallet to Maximize Your Privacy

As mentioned before, most major blockchains use public ledgers, meaning that anyone can view crypto transactions. These transactions don’t reveal personal data, but are tied to your wallet’s address.

However, if you’re not careful, someone could link your wallet address to your real identity. To avoid this, we recommend implementing the following best practices that help maximize your privacy on the blockchain:

Frequently Generate New Wallet Addresses

Avoid using the same receiving addresses too often. Instead, generate new ones for each transaction. For example, Trezor lets you generate multiple receiving addresses via its companion app.

You can also use Hierarchical Deterministic Wallets (HD Wallets), such as Coldcard, which generate multiple private and public keys from a single seed phrase. Using a different receiving address for each transaction will prevent snoopers from tracking your transactions, or at least, make it much harder.

Don’t Link Your Wallet to KYC Exchanges

Centralized exchanges require you to provide proof of identity, including your name, address, date of birth, and a copy of an ID or driver’s license. If you transfer funds from KYC exchanges to your wallet, your wallet address will be linked to your real identity. To avoid this, use DEXs or platforms that don’t require KYC verification.

centralized exchange kyc verification process

Hide Your IP Address

Using software wallets requires connecting to the Internet, which can expose your IP address and potentially lead to it being traced. You can hide your IP address by using a VPN (Virtual Private Network) or Tor (The Onion Router), which wallets like Trezor, BitBox, Wasabi, and Zashi support natively.

Avoid Using Credit Cards

When you use credit cards to buy crypto, you’re risking exposing your personal information because credit cards are linked to your bank account. To stay anonymous, you should buy crypto with cash or use P2P platforms to buy crypto directly from other traders.

Use Privacy‑Enhancing Tools

Tools like CoinJoin, subaddresses, and PayJoin enable you to hide the origin of your transactions. For example, CoinJoin and PayJoin combine multiple transactions into a single large transaction, while subaddresses automatically create new receiving addresses for each transaction.

Use Cryptocurrency Mixers (Tumblers)

Cryptocurrency mixers are designed to hide the source and destination of digital assets. They pool and mix cryptocurrencies from multiple sources, then distribute them to new wallet addresses, making it difficult to track transactions on the blockchain.

graphic on how crypto mixers work

However, keep in mind that some cryptocurrency mixers, such as Tornado Cash and Blender.io, have been sanctioned by the OFAC, making them illegal in the US. For example, Samourai Wallet offered a built-in tumbler service that was shut down by US authorities in 2024.

⚠️ Warning

We strongly advise against sending coins from mixing services to centralized exchanges. Some platforms may flag these coins as “tainted” and freeze your account while investigating the origin of your funds.

Are Anonymous Crypto Wallets Safe?

The best no-KYC crypto wallets offer advanced security measures to keep your crypto safe. These include two-factor authentication, military-grade encryption, MPC technology, offline private key storage, and many more. In addition, providers like Zengo scan transactions in real time, providing protection from malicious smart contracts.

However, as we discussed, anonymous wallets are self-custodial by default. This means that the wallet’s biggest vulnerability is you and the way you store your private keys and seed phrases, as well as your understanding of the various crypto scams out there.

anonymous wallets security risks

With that in mind, even the safest crypto wallet can’t protect you if you give your seed phrase to a scammer pretending to be a customer support agent or paste/import your private key into a fake platform designed to drain you.

So, provided that you pick a secure option, your wallet will be as safe as you make it. Always take advantage of your wallet’s full set of security features. Create strong passwords for your accounts and store your seed phrases in a secure place, offline. And finally, educate yourself about the various scams, malware, and hacks that target crypto traders and investors.

What are the Advantages of Crypto Wallets Without ID Verification?

Apart from bypassing KYC verification, the main benefits of anonymous crypto wallets are full custody over your assets and easy access to trading and staking services. So, let’s explore these advantages in more detail and discuss why you should consider staying off the grid when it comes to your crypto holdings.

Full Control of Your Cryptocurrencies

We’ve established that anonymous crypto wallets offer a self-custody service. This means that only one person has access to the wallet’s private keys — you. Without the private keys, no one can access the wallet, so you have full control of your cryptocurrencies.

After all, not even the wallet provider can access your funds. What’s more, you avoid the risk of having transactions blocked or delayed. This isn’t the case when using a custodial wallet, as you need to wait for the provider to approve transactions. This goes against the ethos of cryptocurrencies and blockchain technology.

💡 Cryptonews Tip

However, it’s important that you keep your private keys safe. Should they fall into the wrong hands, your wallet will be compromised and your cryptocurrencies stolen. Most anonymous crypto wallets provide private keys as a 12-word seed phrase. This makes it easier to write down and type in, should you need to regain access to your wallet.

Ultimately, a crypto wallet with no KYC will allow you to store and build wealth away from the traditional financial system. You don’t need to trust that the provider is keeping your cryptocurrencies safe, as you’re in full control. This has never been more important since the collapse of FTX, which resulted in billions of dollars in customer losses.

How to Store Seed Phrases Securely

A seed phrase is a sequence of 12 to 24 words that acts as a master key to your crypto wallet. It’s important to safeguard your seed phrase to access your crypto wallets and all the digital assets in them.

You can store a seed phrase securely just by writing it down on a piece of paper and hiding it somewhere only you can access. But paper and ink are susceptible to the elements and can decay over time. If you want a more long-lasting option, you can purchase a seed phrase storage device such as Cryptotag.

On Cryptotag, you can purchase three different storage devices – Zeus, Thor, and Odin. All these devices provide a compact titanium hardware storage plate for your seed phrases. The product is water-resistant, heat-resistant, and bulletproof, ensuring maximum security in all scenarios.

No KYC Processes – Remain Anonymous

Anonymous Bitcoin wallets don’t require going through a KYC process. You simply need to download your chosen wallet and transfer tokens to your unique address. The provider will collect no personal information. However, some wallets may ask for an email address, so we recommend using a burner that’s not connected to your identity in any way. Using a VPN offers additional protection, as the wallet provider won’t be able to see your IP address or location.

What Our Expert Says...
Anatol Antonovici
Crypto Content Writer, Blockchain Expert
“When you send or receive cryptocurrencies, transactions won't be attached to your identity. The blockchain only displays the sender's and receiver's wallet addresses, which are long strings of alphanumeric characters.“
Anatol Antonovici
Crypto Content Writer, Blockchain Expert

You won’t benefit from the same levels of anonymity when using a custodial wallet:

  • For example, suppose you register an account with Binance and purchase Bitcoin with a credit card.
  • You’d need to provide personal information and KYC documents, such as a government-issued ID.
  • Thereon, any wallet transfers that you make can be tracked to your real-world identity.

This is the case even if you transfer the Bitcoin tokens to an anonymous wallet. After all, you’ve already provided your personal data to Binance, so everything can be tracked.

Trade Crypto and Earn Interest Anonymously

If you’re wondering how to buy Bitcoin anonymously with fiat money, your options will be limited. Due to anti-money laundering (AML) laws, fiat on-ramp providers must perform KYC procedures. This will be the case even if you’re using an anonymous wallet.

That being said, you’ll be able to trade cryptocurrencies anonymously and without KYC checks.

KYC verification example showing passport, utility bill, and credit card as required documents

For example, Best Wallet is an untraceable crypto wallet that comes with an in-built decentralized exchange. This allows you to swap tokens without going through a centralized entity.

Let’s say you’re currently holding BNB in Best Wallet, but you want to swap it to Shiba Inu. All you need to do is swap BNB for SHIB directly in your Best Wallet dashboard. This means you don’t need to transfer funds to an exchange. You can also purchase cryptos in-app using fiat currency. Apart from built-in DEXs, you can also connect your anonymous wallet to a third-party decentralized exchange. Top options in 2025 include Hyperliquid, Raydium, and Aster DEX, which is a new platform backed by Binance that allows hidden orders for maximum anonymity.

What’s more, some wallets allow you to stake cryptocurrencies anonymously. This means you can earn interest on your idle cryptocurrencies, putting your investments to work.

Prevent Targeted Cyberattacks

Cybercriminals often target cryptocurrency holders, particularly those with high-value assets, using malware, phishing, ransomware, and other exploits.

Anonymous wallets can prevent that by concealing your crypto balances and transaction history and removing the links between your on-chain activities and identity.

Keep in mind, however, that you still need to be vigilant about clicking suspicious links and signing unvetted smart contracts. While high anonymity minimizes the risk of being personally targeted, falling victim to a broader scam will still cost you your assets.

What are the Drawbacks and Risks of Anonymous Crypto Wallets?

The drawbacks and limitations of anonymous wallets mainly boil down to increased personal responsibility and the fact that maintaining your privacy when transacting with crypto is an ongoing process. Let’s unpack that:

First and foremost, no-ID wallets put the responsibility of protecting and managing your assets in your own hands. Since no one knows who owns the funds in your wallet, there’s also no one to help you recover your assets if you lose access to your private key, seed phrase, or wallet account.

What Our Expert Says...
Tsvetomir Koychev
Content Lead, Exchanges & Wallets
“In addition, even the best anonymous Bitcoin wallet can't keep you incognito if you're not careful. That's because anyone can track transactions on public blockchains, such as Bitcoin and Ethereum. So, say you have crypto in an anonymous wallet, but then you send it to a centralized crypto exchange that has your personal data. This creates a link between the wallet and your identity, and while difficult, a blockchain sleuth with enough skill or resources could potentially discover who you are.“
Tsvetomir Koychev
Content Lead, Exchanges & Wallets

And finally, no-KYC crypto wallets are just not as user-friendly as custodial, CEX-based options. For example, you most likely won’t be able to purchase crypto with fiat, as most providers require identity verification. The same goes for selling crypto for fiat and cashing out to your bank account. Furthermore, anonymous wallet providers often lack or offer limited customer support, so you’re mostly on your own should you face any issues.

How to Spend Your Crypto Anonymously?

Spending your crypto anonymously is trickier than simply storing your assets without revealing your identity, though we found several effective methods. Note that these require you to spend crypto directly, as withdrawing to a bank account or card will reveal your identity.

  • Use coin mixing services: Also known as Bitcoin mixers, these services pool together cryptocurrencies from multiple users, shuffle them, and then redistribute them to obscure the origin of your coins. For example, using a decentralized protocol like CoinJoin lets you mix your coins anonymously and then send the output to a vendor that accepts crypto.
  • Switch to privacy-focused coins: Coins like Monero (XMR) and Zcash (ZEC) are private by default, as they use cryptographic mechanisms like ring signatures and zkSNARKs to obscure transactions on the blockchain. After you’ve gotten your hands on one of the two coins, you can spend them on various goods and services, including VPNs, web hosting, gift cards, and even clothes and food.
  • Use the Bitcoin Lightning Network: The Lightning Network is a Bitcoin Layer 2 that allows cheap off-chain transactions through private channels and hidden routing. As with the other methods we discussed, you’d need to find merchants that accept Bitcoin.

While these methods are useful, they come with drawbacks, such as high fees, inconvenience, and the fact that crypto isn’t a widely accepted payment method yet, so your options for purchases will be limited. In addition, you should take into account the regulations around crypto anonymity in the country you live:

Are Anonymous Bitcoin Wallets Legal?

Bitcoin wallets with no ID requirements are perfectly legal for individuals almost everywhere, and there’s no scrutiny when using them to store your crypto assets. Even in cases where there are restrictions, most of the weight falls on regulated crypto exchanges in the form of KYC requirements. So, let’s discuss the laws regarding crypto self-custody and privacy in major countries:

  • United States: As pro-crypto policies are evolving, there are no restrictions on self-custody and anonymous transactions. Due to anti-money laundering laws, Bitcoin mixers were under fire for a while. However, the government ended this crackdown in March 2025 after lifting its sanctions on Tornado Cash, a popular crypto mixing service.
  • United Kingdom: Like in the States, the UK has no restrictions against individual anonymous wallet holders. Regulated exchanges, however, are required to request personal data. Starting in 2026, exchanges will also be required to report all user transactions to the HM Revenue & Customs (HMRC).
  • European Union: The EU is by far the strictest when it comes to cracking down on no-ID crypto wallets. While storing crypto in your own anonymous wallet is perfectly legal, the European Parliament has passed legislation banning regulated platforms from offering anonymous accounts and private transactions via cryptocurrencies like Monero and Zcash, set to take effect in 2027.
  • Australia: Legal and unregulated for personal holdings. Self-custody is fully permitted, but new 2025 policies require KYC compliance from centralized exchanges.

As you can see, storing crypto anonymously as an individual is allowed in most parts of the world. Generally speaking, anonymous crypto wallets are merely software that sits between you and the blockchain. The cryptocurrencies aren’t actually stored in the wallet itself, and self-custody wallet providers don’t have access to your private keys. Therefore, they can’t block or freeze transactions, let alone obtain your real-world identity.

How to Set Up and Use an Anonymous Crypto Wallet: Step-by-Step Guide

Now that you know how anonymous wallets work and their pros and cons, let’s go over the steps to download and set up one. We’ll use Best Wallet for this walkthrough, which is available as a mobile app for Android and iOS.

Step 1: Download Best Wallet

Head to the official Best Wallet website and hit the Download Best Wallet button in the top right corner. From there, you can scan the QR code with your smartphone, which will take you to either Google Play or Apple App Store, depending on your device.

Best Wallet download screen showing QR code and key features: multi-chain support, no KYC, and decentralized security

Step 2: Set Up Your Account

Once installed, open the app and enter an email address. We recommend using a burner email for maximum privacy. You’ll only need it once, to confirm your account.

Step 3: Secure Your Wallet

Unlike traditional non-custodial wallets, Best Wallet won’t provide you with a seed phrase, eliminating this vulnerability. Instead, the wallet will split your private keys, then encrypt them and store one part on your device, and another on the cloud. The app will also ask you to select a passcode and set up 2FA and/or biometric authentication (fingerprint/Face ID) for an extra layer of security.

Best Wallet app onboarding screens showing welcome page, login or account creation options, and passcode setup interface

Step 4: Store, Buy, Sell, or Trade Crypto

You can now use Best Wallet to its full capabilities, including buying, storing, managing, and trading your tokens.

Best Wallet trading interface showing crypto buying options, token search for USDT, and purchase process via bank card

Methodology – How We Rated The Best Anonymous Crypto Wallets

If you’re still not sure which anonymous wallet is right for you, we’ll now discuss our methodology when ranking the top providers.

Privacy Features (30%)

First and foremost, we evaluated each wallet’s privacy features. We checked whether they require KYC verification, support privacy-focused cryptocurrencies like Monero and Zcash, and offer full self-custody.

As a result, we immediately disqualified custodial wallets, such as those offered by centralized exchanges, and awarded extra points to providers that seamlessly integrate with anonymity tools like VPNs and Tor.

Wallet Security (30%)

Wallet security is critical when choosing anonymous crypto wallets because your assets must remain safe from hacks and breaches. We assessed security by reviewing encryption methods, air-gapped designs, and security features like multi-signature and two-factor authentication.

For example, some cold wallets use air-gapping, while others offer powerful encryption and PIN protection. We ranked wallets based on their ability to prevent unauthorized access and ensure anonymity, and prioritized those with no connection to online services.

Supported Networks and Custom Tokens (20%)

Supported networks and custom tokens are essential because they determine the wallet’s flexibility and compatibility with various blockchain ecosystems.

We assessed the wallets based on how many blockchains they support (e.g., Bitcoin, Ethereum, or Solana) and if they allow you to add custom tokens. Wallets that support multiple networks and let you manage diverse tokens give you more freedom and options.

Wallet Fees (10%)

Wallet fees directly impact your transaction costs. We assessed fees for sending, receiving, swapping, and purchasing cryptocurrencies across wallets.

Lower-fee wallets, like those with minimal transaction or network fees, were ranked higher. Wallets that offered fee customization options (e.g., adjusting gas fees) also scored better. By comparing fee structures, we ensure you get the best value for secure, anonymous transactions.

Additional Wallet Features (10%)

Additional wallet features enhance functionality and user experience beyond basic transactions. We assessed features like staking, NFT support, DeFi integration, and in-built crypto exchanges.

Wallets offering more capabilities, such as staking options or seamless dApp connectivity, ranked higher. These added features allow you to maximize your wallet’s utility, offering more than just storage and enabling active portfolio growth and management.

Conclusion: What is the Best No-KYC Wallet in 2026?

The best anonymous crypto wallets let you store and transact cryptocurrencies without revealing your identity. Unlike conventional wallets that might require personal details, the ones on our list focus on minimizing traceability by using features like encryption, decentralized systems, or air-gapped architectures.

Not only do anonymous Bitcoin wallets allow you to store and trade cryptocurrencies privately, but you’ll be in full control of your private keys.

Overall, we rate Best Wallet as the leading crypto wallet without ID verification. The provider supports thousands of tokens, offers a built-in DEX, and is constantly upgrading its offering and adding new Web3 features.

Visit Best Wallet

FAQs

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References

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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