10 Safest Crypto Wallets in 2025: Security Features Reviewed
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Based on our research and analysis, Best Wallet is the safest crypto wallet in the software wallet category, thanks to its cutting-edge security measures, non-custodial nature, and end-to-end encryption. The wallet uses Fireblocks’ technology to protect your crypto holdings. Plus, it keeps your personal data private since you won’t have to go through KYC verification. Meanwhile, Cypherock X1 takes the top spot as the most secure hardware wallet due to its lack of seed phrase vulnerability, EAL6+ security certification, and tamper-proof design.
As you might’ve noticed, finding the most secure crypto wallet is no easy task. Besides providing impeccable security, a good wallet must also be user-friendly and practical for daily use. Guided by this idea, we decided to compile a list of the most secure crypto wallets to help you find the right one for your needs.
We tested more than 40 wallets to find out which providers offer the safest options for storing cryptocurrencies. Our ranking methodology was very strict. In addition to testing our prospects’ security features, we also considered their type (hot/cold, custodial/non-custodial), supported coins and networks, ease of use, and costs and fees.
Keep reading to find out what the top providers on our list have to offer.
Safest Crypto Wallets Shortlisted
Overall Best Crypto Wallet
- Non-custodial multi-chain wallet.
- Broad ecosystem of wallet features.
- Portfolio management and market insights within the wallet.
Best Hardware Wallet for Security
- Securely stores sensitive data with a tamper-proof Secure Element chip
- Leger Live App allows you to buy, sell, swap and stake tokens all in one place
- Custom-built BOLOS operating system ensures app updates are carried out automatically
Best For Seedless, Hardware-Based Storage
- Multi-part backup system that eliminates the need for a recovery seed
- Splits private key into multiple encrypted shards for enhanced security
- Supports over 3,000 cryptocurrencies
Safe Wallet with Staking and dApps
- Self-custodial crypto wallet with 1M customer base
- Multi-chain support powered by MPC for added security
- Buy, sell, send, receive and connect to Web3 dApps
The Most Secure Crypto Wallets Compared
Before we introduce you to our top-rated wallets in more detail, take a look at the table below to find out how they compare to each other in terms of storage type, supported coins, security features, and use cases.
| Wallet | Wallet Type | Supported Cryptos | Key Security Features | Best For |
| Best Wallet | Software / Non-custodial | 1,000+ / 60+ networks | 2FA, biometrics (Face ID/Touch ID), real-time monitoring | Overall best crypto wallet for security |
| Zengo | Software, non-custodial | 380+ / 14 networks | MPC cryptography, 3FA, Web3 Firewall | Mobile trading |
| Cypherock X1 | Hardware, non-custodial | 9,000+ / 15+ networks | Shamir’s Secret Sharing, EAL6+ certification, PIN recovery | Long-term investors |
| Ledger Stax | Hardware, non-custodial | 5,500+ / 15+ networks | Clear signing, 24-word secret recovery phrase, PIN Protection | Managing and trading NFTs |
| Tangem | Hardware, non-custodial | 16,000 + / 85 networks | Smart private key backup, EAL6+ security standard, resistance to physical attacks | Beginners |
| Ellipal Titan 2.0 | Hardware, non-custodial | 10,000+ / 46 networks | Air-gapped design, secret secondary wallet, auto self-destruct | Multi-wallet management |
| Trezor | Hardware, non-custodial | 1,000+ / 50+ networks | PIN & passphrase protection, advanced multi-share backup, open-source design | Budget-minded traders |
| Binance Wallet | Software, non-custodial | 500+ / 30+ networks | MPC technology, encrypted backups, emergency export function | Swapping |
| OKX Wallet | Software, non-custodial | 10 million / 130+ networks | 12-word recovery phrase, MPC technology, passkeys | DeFi enthusiasts |
| Blockstream Jade | Hardware, non-custodial | Bitcoin / Bitcoin mainnet and Liquid Network |
Duress PIN, air-gapped transactions, anti-exfil | Bitcoin HODLers |
The Safest Crypto Wallets in 2025 Reviewed
Now that you’ve seen our list of the most secure crypto wallets, it’s time to find out why we chose them. In this segment, we’ll review each wallet separately and discuss its key security features and main pros and cons.
1. Best Wallet – Overall Best Crypto Wallet for Security
Best Wallet is a non-custodial hot wallet that uses advanced security measures. You’ll be able to secure your wallet using basic and advanced biometric authentication, such as two-factor authentication and Face ID/Touch ID. The wallet also employs advanced cryptographic techniques for key management and real-time monitoring. This means that if it detects suspicious activity, the system will trigger immediate alerts.
Best Wallet doesn’t require KYC verification, meaning you’ll get to trade and invest in crypto without sharing your private information. It also integrates Fireblocks’ institutional-grade protection. Best Wallet supports over 1,000 coins and tokens across 60+ blockchains. Although currently only available as a mobile app, the wallet will soon become available as a browser extension.
Since this is a non-custodial wallet, you’ll have full control over your private keys and assets. Moreover, you can send, receive, and swap tokens via its built-in DEX. $BEST token holders pay lower trading fees and gain access to the wallet’s Upcoming Tokens page, which lets you invest in top crypto presales.
Best Wallet Key Security Features
- Biometrics: You can secure your wallet with Face ID or Touch ID.
- Two-Factor Authentication: 2FA adds an extra layer of protection to your account.
- Real-time monitoring: The system will track all incoming and outgoing transactions to look out for any suspicious activity.
Pros
- Fireblocks institutional-grade protection
- Advanced biometric authentication
- Two-factor authentication
- Encrypted private keys
- No KYC requirement
Cons
- Advanced security features, such as anti-fraud protection, are yet to be released
2. Zengo – The Most Secure Crypto Wallet for Mobile Trading
Zengo is a non-custodial software wallet that has never been hacked, thanks to its MPC cryptography that replaces the traditional seed phase with two secret shares. One is stored on Zengo’s servers, and the other on your mobile device. In other words, MPC technology creates a secure key management system without a single point of failure.
Zengo also stands out with its 3FA recovery feature that enables you to recover your wallet using your email, 3D FaceLock, and a recovery file stored in your cloud services. Its other security features include Web3 firewall, legacy transfer, theft protection, and Bitcoin private transaction mode. However, when we tried to use these features, we noticed that they aren’t available unless you subscribe to Zengo Pro, which costs $19.99 per month or $129.99 per year.
The wallet is compatible with Android and iOS devices, and it recently got a desktop app. The mobile app has an intuitive interface, which makes it suitable for beginners. You’ll also be able to trade over 380 coins and tokens across 14 networks and take advantage of its in-app swap feature.
Zengo Key Security Features
- MPC cryptography: Instead of relying on seed phrases, Zengo uses MPC technology to split your private key into two parts.
- 3FA: You can recover your wallet using your email, 3D FaceLock, and a recovery file stored in your cloud services.
- Web3 firewall: A tool that protects your assets from hacks, scams, and wallet drainers.
Pros
- MPC cryptography
- 3FA recovery feature
- No seed phrase vulnerability
- In-app swap feature
- Integration with WalletConnect
Cons
- Zengo Pro required for advanced security features
3. Cypherock X1 – Safest Crypto Cold Wallet for Long-Term Investors
Cypherock X1 is a non-custodial hardware wallet that doesn’t use a seed phrase backup. Instead, it relies on Shamir’s Secret Sharing to split your private keys into five parts, stored on the wallet’s vault and four X1 cards. You can make a transaction by tapping one of the cards on the vault. The cards use EAL6+ secure element chips, offering the same protection as credit cards.
Cypherock X1 is a suitable option for long-term investors as it allows you to create up to 4 wallet accounts. You can also use it as a seed phrase backup for your other wallets. Moreover, Cypherock provides a non-custodial PIN recovery solution, which means you can regain access to your wallet even if you forget your PIN. However, you can only use this feature if you upgrade to the Silver Plan, which costs $99 per wallet/ year, or the Gold Plan, which costs $149.00 per wallet/year.
The wallet supports 9,000+ coins across 15 networks. It’s also integrated with WalletConnect and Binance Connect for seamless access to dApps and buying crypto using fiat. You can get Cypherock for $199.00 (currently discounted at $131.97).
Cypherock X1 Key Security Features
- Shamir’s Secret Sharing: Shamir’s Secret Sharing boosts the security of private keys by splitting them into five parts and storing them on the X1 vault and X1 cards.
- EAL6+ secure element: X1 cards use EAL 6+ secure elements, the same secure hardware as credit cards.
- PIN recovery: Recover your PIN without giving control of your assets to a third party.
Pros
- Compatible with BIP39-based wallets
- Allows storage of multiple seed phrases
- Bank-grade security
- Supports 9,000+ coins across 15 networks
- Audited by Keylabs
Cons
- Small display
- Only compatible with NFC-based phones
4. Ledger Stax – Safest Crypto Wallet for NFT Management
Ledger is one of the most popular hardware wallet providers that currently offers four models – Flex, Stax, Nano S Plus, and Nano X. Stax is the most advanced model that stands out with its curved e-ink touchscreen and magnetic, stackable case, which means that you’ll be able to stack multiple Ledger wallets on top of each other. The wallet supports 5,500+ coins and tokens. You can also use it to store 500+ coins and Ethereum and Polygon NFTs.
Ledger Stax uses CC EAL6+ certified Secure Element chips and Clear Signing, which allows you to review your transaction before approving it. The device is also resistant to dust and water splashing. Its other security features include a 24-word secret recovery phrase, PIN protection, 2FA, and transaction checks – a feature that analyzes EVM transactions for potential threats.
What we especially liked about Ledger Stax is its native mobile and desktop app, Ledger Live, which will allow you to buy, sell, and swap tokens, manage and store NFTs, and gain access to dApps. Ledger Stax is also compatible with 50+ wallets. On the downside, the wallet has a high price tag of $399.
Ledger Stax Key Security Features
- 24-word secret recovery phrase: You can restore your Ledger accounts using a 24-word secret recovery phrase.
- PIN protection: Set a 4 to 8-digit PIN code to lock and unlock your device.
- Clear Signing: Allows you to review your transactions before approving them, which prevents blind signing.
Pros
- Curved e-ink touchscreen
- Supports clear signing and transaction checks
- Compatible with 50+ software wallets
- 24-word secret recovery phrase
- Enables you to store Ethereum and Polygon NFTs
Cons
- Expensive
- The display has no backlight
5. Tangem – Safest Crypto Wallet for Beginners
Tangem is recognized as one of the best hardware wallets for beginners thanks to its simple design and budget-friendly price. On that note, we were able to set up the wallet in less than 3 minutes. You just need to download the official Tangem app on your mobile phone and tap the NFC card. Tangem will store your private keys on a set of two or three cards. You can use the cards to gain access to your wallet and sign transactions.
Its key security features include a tamper-resistant hardware, smart private key backup (the chip generates a random, non-extractable private key), and EAL6+ security certification. This non-custodial hardware wallet supports over 16,000 coins and tokens across 85 networks, and it comes with a 25-year warranty.
You can create a wallet with or without a seed phrase. You won’t have to use a recovery phrase. Instead, you can use up to three backup cards. Tangem is audited by two independent third-party firms, Kudelski Security and Riscure, which further reinforces its commitment to security. What’s more, the wallet is quite cheap. You can get a three-card set for $69.90 (currently discounted to $65.01).
Tangem Key Security Features
- Smart private key backup: The chip generates a random, non-extractable private key.
- EAL6+ security standard: The cards use the same security as biometric passports.
- Resistance to physical damage: The cards are resistant to dust, water, and extreme temperatures. They also come with a 25-year warranty.
Pros
- Easy to set up
- Budget-friendly price
- Tamper-resistant hardware
- 25-year warranty
Cons
- You can generate only one public key for each blockchain
- Lack of desktop support
6. Ellipal Titan 2.0 – Safest Crypto Wallet for Multi-Wallet Management
Ellipal Titan 2.0 is a non-custodial cold wallet that supports 10,000+ coins and tokens across 46 networks, which makes it ideal for active traders. The wallet uses air-gapped technology, which makes it immune to remote hacking attacks. Instead of relying on WiFi and Bluetooth connections, Titan 2.0 uses QR codes. The wallet also uses anti-disassembly and anti-tamper protection, which protects it from physical attacks.
In addition to that, you can set up to 10 accounts (5 seed phrases and 5 private key accounts) and create a secret secondary wallet. As its name suggests, this wallet will be hidden until you enter a correct passphrase. We also liked its auto self-destruct feature, which automatically deletes your private information if it detects tampering.
The Ellipal Titan 2.0 costs $169.00. If you find it too expensive, you can opt for the Ellipal Titan Mini for $99.00. However, the latter has a smaller display and a smaller battery. Moreover, the Ellipal Titan 2.0 only works with mobile devices. I.e., it lacks a desktop app.
Ellipal Titan 2.0 Key Security Features
- Air-gapped design: The wallet operates 100% offline. Instead of relying on WiFi and Bluetooth connections, it uses QR codes.
- Secret secondary wallet: You can create a secondary wallet to hide your assets.
- Auto self-destruct: If the wallet detects tampering, it automatically deletes your private information.
Pros
- Uses air-gapped technology
- Anti-disassembly and anti-tamper protection
- Supports 10,000+ coins and tokens across 46 networks
- Set up to 10 accounts
Cons
- No desktop support
- Bulky exterior
7. Trezor – Secure Crypto Wallet for Budget-Minded Traders
Trezor is a hardware wallet provider known for its rigid security standards and budget-friendly wallets. You can choose between three wallet models – Trezor Safe 5 ($169, currently discounted at $135), Trezor Safe 3 ($79), and Trezor Model One ($49). All three models support 1,000+ coins and tokens across 50+ networks.
When it comes to security, all three models use PIN & passphrase protection and 12- and 24-word wallet backup. However, Trezor Model One doesn’t have an EAL6+ secure element chip, and it doesn’t support advanced multi-share backup. What’s more, this model doesn’t support XRP, SOL, ADA, and XMR.
On a positive note, all models have an open-source design, which means that their code is publicly available. You can also take advantage of its native app to buy, sell, and swap crypto on your desktop (Windows and macOS) and mobile (Android).
Trezor Key Security Features
- PIN and passphrase protection: The former secures your device from unauthorized access, while the latter lets you create hidden wallets.
- Advanced multi-share backup: Generate multiple 20-word shares to recover your wallet.
- Open-source design: Anyone can view and modify the code to ensure its integrity and security.
Pros
- Budget-friendly price
- 12- and 24-word wallet backup
- Open source code
Cons
- No app for iOS devices (view only mode)
- The Trezor Model One doesn’t support XRP, SOL, ADA, and XMR
8. Binance Wallet – Safest Crypto Wallet for Swapping
Unless you’re a complete crypto beginner, you’ve probably heard about Binance, the largest crypto exchange in the world, which recently launched its first-ever self-custody wallet. This software wallet uses MPC technology, which means that it divides your private keys into three key shares. One is stored on Binance, and the other – on your device. To access the wallet, you’ll need to use at least two key shares.
You can also take advantage of its emergency export function, letting you export your private keys in urgent situations. Keep in mind that this action is irreversible. I.e., if you activate this function, you won’t be able to import the keys back to Binance Wallet. The wallet is powered by Binance Bridge and other DEXs, which enables you to conduct cross-chain swaps at the best prices.
Binance Wallet has built-in biometric and two-factor authentication options, and you can back up your key shares using QR codes or cloud storage, such as iCloud or Google Drive. On the downside, this wallet is closely tied to the Binance exchange. This means that you’ll only be able to use it if you have an account on Binance.
Binance Wallet Key Security Features
- MPC technology: The wallet devices your private keys into three key shares, eliminating single points of failure.
- Encrypted backup via cloud or QR code: You can back up your key shares using QR code or cloud storage, such as iCloud or Google Drive.
- Emergency export function: Export your private keys in urgent situations.
Pros
- Supports cross-chain swaps
- Utilizes MPC technology
- Built-in biometric and 2FA
Cons
- Closed-source wallet
- Requires a Binance exchange account
9. OKX Wallet – Most Secure Crypto Wallet for DeFi Enthusiasts
As its name suggests, OKX Wallet is a non-custodial hot wallet developed by the OKX crypto exchange. The wallet is integrated within the OKX platform. However, it’s also available as a mobile app (Android and iOS) and a browser extension for Chromium-based browsers. OKX Wallet supports 10 million coins and tokens across 130+ networks. You can use its built-in dApp browser to gain access to over 1,000 dApps, buy NFTs, stake tokens, and conduct cross-chain swaps, which makes it the best DeFi wallet on our list.
Similar to Zengo Binance Wallet, this keyless wallet uses MPC technology, which means that your private keys are split into multiple key shares. The wallet also uses a 12-word recovery phrase and Fast Identity Online passkeys as a 2FA method. Moreover, this open-source wallet is audited by CertiK and SlowMist.
You can store your seed phrase in iCloud, Google Drive, or Huawei Cloud. You can also use these services to back up your wallet. The biggest disadvantages of OKX Wallet are its lack of hardware wallet support and complexity.
OKX Wallet Key Security Features
- 12-word recovery phrase: You can use a 12-word recovery phrase to restore your wallet if you forget your password.
- MPC technology: Splits your private keys into three parts, which eliminates the need for seed phrases.
- Passkeys: Supports Fast Identity Online (FIDO) passkeys as a 2FA method.
Pros
- Built-in dApp browser
- Proactive security monitoring filters
- Audited by CertiK and SlowMist
Cons
- Lack of hardware wallet support
- Complex for beginners
10. Blockstream Jade – Safest Cold Crypto Wallet for Bitcoin HODLers
Blockstream Jade is a non-custodial hardware wallet that allows you to securely store your Bitcoins and liquid assets. This Bitcoin-only wallet uses an air-gapped design, meaning all transactions will occur offline. To send Bitcoin, you just need to scan the QR code. Blockstream Jade differs from most wallets because it doesn’t use secure element chips, but a blind oracle. This virtual secure element makes the wallet invulnerable to physical key extraction.
Jade’s stand-out security feature is Anti-Exfil. This technology protects your private keys even if your wallet gets stolen. How? By implementing the sign-to-contract method, which makes it difficult for attackers to derive private keys from transaction signatures. You can also enable duress PIN to automatically delete the encrypted information from your wallet in the event of a physical threat.
Blockstream Jade is an open-source wallet that’s available as a desktop and mobile app for Android and iOS. The wallet is compatible with other BTC wallets, including Specter, Sparrow, Nunchuk, BlueWallet, Electrum, and Keeper. You can get Blockstream Jade for $79.00.
Blockstream Jade Key Security Features
- Duress PIN: This feature automatically deletes the information from your wallet after multiple unsuccessful PIN entry attempts.
- Air-gapped transactions: The only way to send Bitcoin is by scanning a QR code.
- Anti-exfil: A technology that implements the sign-to-contract method, which makes it difficult for attackers to derive private keys from transaction signatures.
Pros
- Air-gapped design
- Open source code
- Compatible with Specter, Sparrow, Nunchuk, BlueWallet, Electrum, and Keeper
Cons
- Bitcoin-only wallet
- Small screen
- Limited DeFi features
Methodology: How We Ranked The Most Secure Crypto Wallets
To find the safest wallets for crypto trading, we used the following factors:
Security Features (30%)
Our security testing methodology included the following: checking if the wallets ask for permission before accessing dApps, if transactions are human-readable, and if wallets implement key security features, such as two-factor authentication and strong password requirements.
With that in mind, our list includes wallets that utilize both basic and advanced security measures, from 2FA and biometric authentication to encrypted private keys, MPC technology, PIN recovery, and auto-self-destruct tools. We also checked the security rating of the aforementioned wallets on CER.live and Coinspect.
This approach helped us distinguish wallet providers that offer real protection from those that offer false claims.
Self-Custody (25%)
The safest crypto wallet will give you full control over your private keys and funds. This is why we listed only self-custodial wallets – they reduce the risk of losing private keys in the event of an attack on a crypto exchange. In fact, crypto exchanges that hold large amounts of crypto in custodial wallets are perfect targets for hackers.
The recent Bybit incident shows how vulnerable custodial wallets are to attacks. On that note, on Feb. 21, 2025, hackers managed to steal about $1.5 billion from Bybit’s hot wallet. The same happened to WazirX and KuCoin hot wallets, from which hackers stole $234 million and $275 million, respectively.
Supported Coins and Networks (20%)
In addition to security features, a good wallet must support popular cryptocurrencies, like BTC, ETH, and SOL, as well as new coins with high potential. We also gave an advantage to multichain wallets because they enable cross-chain transactions. For example, a multi-chain wallet will allow you to hold Bitcoin and Ethereum within a single interface. This means you won’t have to switch between wallets to execute transactions.
In short, multichain wallets let you transfer funds between different blockchain networks and conduct cross-chain swaps without intermediaries. This is why wallet providers that support multiple blockchains and a large number of coins and tokens ranked higher on our list.
Ease of Use (15%)
Having a clear interface that enables smooth navigation is a must, whether you’re using a hot or a cold wallet. You should also be able to set up the wallet with minimal effort. What’s more, the wallets should update automatically to be compatible with the latest security standards.
That said, to test their user-friendliness, we downloaded all hot wallets and hardware wallet companion apps to our PCs and smartphones and tested each feature first-hand. We also made sure that all wallet providers on our list have responsive customer support.
Cost and Fees (10%)
Affordability is a nice addition to security. This is why we listed both free and budget-friendly wallet providers. Most wallets come with free companion apps. However, some wallet providers like Zengo and Cypherock X1 charge for their advanced security features.
For example, if you want to use Cypherock’s non-custodial PIN recovery solution, you must upgrade to the Silver Plan, which costs $99 per wallet/year. On the other hand, to use the Web3 firewall, legacy transfer, theft protection, and Bitcoin private transaction mode on Zengo, you’ll have to subscribe to Zengo Pro, which costs $129.99 per year.
Our research shows that both subscription plans justify their price. Zengo Pro is more suitable for users who prefer software wallets, while Cypherock’s Silver Plan is more fitting for users who prefer hardware security.
What is a Crypto Wallet?
A crypto wallet is a software or hardware tool that enables you to store, send, and receive digital assets. Crypto wallets don’t hold your cryptocurrencies. Instead, they generate and store your private keys, which you’ll use to prove asset ownership and sign transactions on the blockchain.
To send crypto, you’ll need to enter the recipient’s wallet address and the amount you wish to send, and sign the transaction with your private key. If you lose your private key, you’ll lose access to your funds. This is why you should never share your private keys.
Crypto wallets will also enable you to connect to dApps, swap and stake tokens, and manage NFTs. Some wallet providers, such as Best Wallet, will even allow you to gain access to new crypto presales.
Types of Crypto Wallets and The Level of Security They Offer
Crypto wallets come in two main types – software and hardware. They can also be custodial and non-custodial (self-custodial). Here’s how they differ in terms of security:
- Software wallets: Software wallets, or hot wallets, are connected to the internet. They can come in the form of a desktop or mobile app, or browser extensions. Hot wallets are easy to set up, which makes them suitable for beginners. However, they’re less secure than hardware wallets since they store your private keys online, which makes them vulnerable to malware and phishing attacks.
- Hardware wallets: Hardware wallets, or cold wallets, function offline. This means they generate your private keys within a secure chip that never has access to the internet. To conduct a trade on cold wallets, you’ll need to connect the device to its companion app using a USB cable, Bluetooth, or QR codes. Hardware wallets are more complex to set up; however, they’re less vulnerable to online attacks. Unlike hot wallets, which are usually free to use, cold wallets typically cost between $50 and $300.
- Custodial wallets: Custodial wallets are hosted by a third party, usually a crypto exchange, which stores your private keys. The exchange is also in charge of your funds, which means that if someone hacks it, you’ll lose access to your digital assets. On a positive note, if you forget your password, you’ll be able to reset it, which makes custodial wallets more convenient for beginners. Moreover, you won’t have to use your private keys to sign transactions. The wallet service provider will be responsible for that.
- Non-custodial wallets: Non-custodial or self-custodial wallets give you full ownership of your private keys and funds. This also means you alone are responsible for your private keys. However, if you lose your private key, you won’t be able to regain access to your funds. Moreover, to protect your digital assets, you’ll need to create a seed phrase that you’ll also need to keep somewhere safe.
What Makes a Crypto Wallet Safe?
A secure crypto wallet must utilize rigid security measures, from private key encryption to 2FA. It must also protect your funds from online and physical threats like phishing, malware, and wrench attacks. With that in mind, you should opt for crypto wallets that offer the following features:
Encrypted Private Keys
Wallet providers that encrypt their private keys, such as Best Wallet, give you an extra layer of security. The encryption process includes a combination of cryptographic algorithms, like AES-256, and user-generated passphrases. This makes private keys unreadable without the correct passphrase.
Two-Factor Authentication (2FA)
2FA is a security method that requires two different authentication methods, such as entering a username and password and a code sent via SMS or an authentication app, such as Google Authenticator. Crypto wallets can also use advanced authentication methods, such as biometric verification, which includes Face ID and Touch ID.
Multi-Party Computation (MPC)
Multi-Party Computation is a cryptographic technique that splits your private keys into multiple shards. Each shard will be stored separately, which means that neither you nor the third-party provider will hold the private key. This method eliminates single points of failure since it requires using multiple private keys to authorize transactions.
PIN Protection
PIN protection is a tool that will protect your wallet from unauthorized access. This numeric code usually consists of 4 to 6 digits, and you’ll have to enter it to unlock your wallet or confirm a transaction. Crypto wallets may also use PIN recovery and duress PIN protection. PIN recovery will allow you to regain access to your wallet even if you forget your PIN through alternative methods, such as SMS verification or biometric authentication. On the other hand, a duress PIN will automatically delete all information from your wallet.
Anti-disassembly and Anti-tamper Protection
Hardware wallets use anti-disassembly and anti-tamper protection to keep your private keys safe from unauthorized access and physical attacks. Anti-disassembly features may include tamper-evident holographic seals and EAL6+ secure element chips, while anti-tamper mechanisms usually include auto-self-destruct tools. This tool will automatically delete your private information if it detects tampering.
Malicious Contract Detection
The safest crypto wallet will use a variety of tools to detect malicious contracts and dApps that can drain your wallets or gain unauthorized access to your funds. These tools analyze smart contracts by detecting suspicious patterns that may indicate malicious intent. Some wallets, like Ledger, also use transaction check tools to analyze EVM transactions for potential threats.
The Importance of Crypto Wallet Security
According to the latest statistics, more than $2.1 billion was stolen from crypto platforms in the first half of 2025. For comparison, in 2024, hackers stole about $2.2 billion, which shows that there has been a significant increase in crypto hacks. According to Chainalysis, private key compromises accounted for 43.8% of stolen crypto in 2024.
The biggest crypto wallet hack so far was recorded in February 2025, when hackers stole $1.5 billion from Bybit. Another significant attack was recorded in June, when hackers attacked Nobitex, the largest crypto exchange in Iran, and stole nearly $90 million across multiple blockchains, including Bitcoin, Ethereum, and TRON.
Cryptocurrencies have a decentralized nature, i.e., they don’t have a central authority that will be responsible for recovering lost or stolen assets. This makes crypto wallet security vital as it will help you keep your funds safe from crypto scams and theft.
You can protect your crypto wallet by creating a strong and unique password, enabling 2FA, and regularly updating its software. You should also be careful with crypto transactions. For example, interacting with new DeFi protocols carries a higher risk of fraud and theft than exchanging tokens on well-known centralized exchanges.
With that in mind, you should split your assets across multiple wallets. For example, you can use hot wallets for everyday transactions and cold wallets for long-term storage.
Conclusion – What is The Most Secure Crypto Wallet?
The most common attacks on crypto wallets include private key theft, phishing, and malware. These attacks can result in unauthorized access to your accounts and theft of your funds. That’s why it’s vital to find crypto wallets with strong security features, such as 2FA, encrypted private keys, multi-party computation, PIN protection, anti-disassembly and anti-tamper protection, and malicious contract detection.
Based on our research, Best Wallet stands out as the safest crypto wallet due to its advanced security measures, such as biometric authentication, encrypted private keys, real-time monitoring, and integration with Fireblocks. What’s more, Best Wallet plans to launch additional security features in the future, such as anti-fraud and MEV protection, which will further reinforce its security measures.
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References
- What is MPC (Multi-Party Computation)? (Fireblocks)
- Coinspect
- Cer.live
- 5 Biggest Crypto Wallet Hacks (Webopedia)
- Private Key/Secret Key Definition (CoinMarketCap)
- H1 2025 Crypto Hacks and Exploits: A New Record Amid Evolving Threats (TRM)
- Category deep-dive: $2.2 billion was stolen in crypto-related hacks in 2024 (TRM)
- $2.2 Billion Stolen from Crypto Platforms in 2024, but Hacked Volumes Stagnate Toward Year-End as DPRK Slows Activity Post-July (Chainalysis)
- Iran’s Largest Crypto Exchange Targeted in $90M Hack (TRM)
2M+
250+
8
70
in numbers
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