8 Best Hot Wallets in December 2025: Tested and Reviewed
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A hot wallet is essential for anyone who needs fast, on-the-go access to their crypto. Whether you’re trading, staking, or interacting with dApps, a reliable hot wallet keeps your assets available while ensuring security.
This guide ranks the 8 best hot wallets in December 2025, comparing their supported blockchains, staking features, and security measures. You’ll find wallets optimized for multi-platform use, Web3 access, and seamless CEX integration.
From trusted names like Zengo and Binance Wallet to feature-rich options like Best Wallet and OKX Wallet, we break down which wallets offer the best balance of speed, security, and usability. Let’s dive in.
Overall Best Crypto Wallet
- Non-custodial multi-chain wallet.
- Broad ecosystem of wallet features.
- Portfolio management and market insights within the wallet.
Top 8 Hot Crypto Wallets Ranked
Finding the best hot crypto wallet for your needs depends on what you’re looking for. Our top picks are based on various features, security measures, and user-friendliness.
|
Wallet |
Supported Coins |
Device Support |
Staking |
Best For |
|
1,000+ |
Mobile |
Yes |
Overall best hot wallet |
|
|
1,000+ |
Mobile and web |
Yes |
Beginners |
|
|
1 million+ |
Mobile |
Yes |
CEX integration |
|
|
1 million+ |
Mobile, browsers |
Yes |
Secure Web3 accessibility |
|
|
1 million+ |
Mobile, browsers |
Yes |
dApp support |
|
|
1,000+ |
Mobile, browsers |
Yes |
Hardware wallet integration |
|
|
200+ |
Mobile |
Yes |
Security and scam protection |
|
|
300+ |
Mobile, web app |
Yes |
Australian users |
Top Hot Storage Crypto Wallets Reviewed
In the following section, we’ll review the best hot wallets in more detail so that you can understand their differences and their respective advantages and disadvantages. This should help you decide what’s best for you.
1. Best Wallet – Overall Best Hot Wallet in 2025
Best Wallet is a hot new crypto wallet designed for user-friendliness, security, and rewarding features. As a non-custodial wallet, it gives you complete control over your assets and currently supports 60+ blockchains, including Bitcoin, Ethereum, and Solana. Its real-time market insights, industry news, and token sentiment analysis give you essential information and early access to high-potential projects.
In addition, its native BEST token functions as a utility and governance token within the Best Ecosystem, offering perks like advanced market tools and early access to token launches. Seamless integration with Best DEX allows for low-cost decentralized trading and real-time market analysis directly within the app.
With the rising popularity of NFTs, Best Wallet features an in-app NFT Gallery, letting you manage NFT collections effortlessly. Security remains a top priority, with advanced cryptography, 2FA authentication, and biometric options.
Key Takeaways
- Comprehensive and Secure: Non-custodial wallet supporting multiple blockchains. It also offers top-notch security features like 2FA, biometric authentication, and private key encryption.
- Exclusive Benefits with BEST Token: Gainin perks like zero gas fees, early project access, and advanced market analysis tools.
- Trading Integration: Integrates with Best DEX, allowing seamless, low-cost decentralized trading within the app.
- Wide token and blockchain support
- Built-in DEX
- Access to crypto presales
- Strong security measures
- High community incentives
- Comprehensive NFT support
- Only available on iOS and Android
2. Zengo – Best Crypto Hot Wallet for Beginners
Zengo is a user-friendly mobile hot wallet protected by multi-party computation (MPC) cryptography, supported by the largest open-source library for this technology. Since its launch in 2018, Zengo has served over 1 million customers without any security breaches, and it undergoes annual security audits to maintain its reputation. All core features are available for free, with a Pro version ($69.99 per year) offering added functionality.
The Pro version includes perks like Legacy Transfer, Theft Protection with multi-factor authentication for large transactions, Web3 Firewall for attack alerts, and Priority Support with fast response times. Zengo’s mobile app has earned a rating of 4.78/5 from thousands of users on the Apple App Store and Google Play Store, with users praising its ease of use and responsive interface.
Additional features of the Zengo self-custody wallet include 24/7 customer support, a unique seed-phrase-less recovery option, an NFT gallery, and a dApp marketplace connected through WalletConnect, making it a versatile choice for managing digital assets.
Key Takeaways
- High-Level Security: Uses advanced MPC cryptography, and there have been no reported security breaches since its 2018 launch.
- Pro Version Enhancements: The Pro version ($19.99/month) includes features like Legacy Transfer, Theft Protection, Web3 Firewall, and Priority Support.
- Comprehensive Features: Supports over 1,000 cryptocurrencies, offers a seed-phrase-less recovery method, and provides an NFT gallery and dApp marketplace.
- Support for 120+ cryptocurrencies
- Buy, sell, and trade cryptocurrencies and NFTs
- High customer ratings on app stores and Trustpilot
- Annual software audits
- 24/ customer support
Cons
- Advanced features are behind a paywall
- Crypto prices are occasionally marked up
3. Binance Wallet – Top Hot Wallet for CEX Integration
Binance Wallet is a popular hot wallet within the Binance ecosystem, known for its ease of use and security. Thanks to its integration into the Binance exchange, you can trade cryptos, buy NFTs, and earn staking rewards without leaving the app. This wallet combines convenience with functionality, providing a seamless way to manage various digital assets.
Additionally, you can earn interest directly from your wallet and trade different cryptocurrencies with fees as low as 0.1%. Depending on your location, Binance Wallet supports multiple payment methods for adding or withdrawing funds, including cards and e-wallets. Security is prioritized, with most assets stored offline and additional safeguards like two-factor authentication.
Although it’s a custodial wallet, meaning Binance holds the keys, you can quickly transfer your assets as needed. Storing and receiving crypto in the wallet is free, though withdrawal fees apply, which may be slightly higher than regular transaction fees.
Key Takeaways
- Integrated and Convenient: Offers an all-in-one platform for trading, staking, and buying NFTs directly within the Binance ecosystem.
- Low Trading Fees: Users can trade with fees starting at 0.1% and earn interest on their holdings directly from their wallet.
- Secure Custodial Wallet: Secures assets offline and provides two-factor authentication, though it holds the wallet keys for users.
- Integrated with Binance’s extensive ecosystem
- Offers staking and earning features directly in the wallet
- Low trading fees starting at 0.1%
- Strong security with offline storage and two-factor authentication
- Higher withdrawal fees compared to standard transaction costs
- Users don’t control their private keys (custodial)
4. Bybit Wallet – Best Hot Wallet for Secure Web3 Access
Bybit Wallet is a widely used hot wallet that allows you to explore Web3 while providing the security of a typical custodial wallet. You can access dApps, trade NFTs, and manage over 750 cryptocurrencies, with trades executable on Bybit’s platform or via a DEX called ApeX. The wallet also grants early access to new projects through IDOs and airdrops.
We also appreciated the platform’s educational tools like Bybit Learn and Crypto Insights, which can help you better understand Web3 and the Bybit exchange. The wallet supports multiple blockchains, making it ideal for those transacting across various networks.
Additionally, the Bybit Web3 wallet seamlessly integrates with the Bybit mobile app, allowing you to monitor and manage your assets easily and securely. These features make the Bybit wallet suitable for Web3 enthusiasts seeking a secure, multi-chain custodial wallet.
Key Takeaways
- Web3 Accessibility with Security: Combines Web3 exploration with custodial wallet security, allowing access to dApps, NFT trading, and over 750 cryptocurrencies.
- Early Access and Educational Tools: Offers IDOs, airdrops, and educational resources like Bybit Learn and Crypto Insights to guide you through Web3 features.
- Multi-Chain Support and App Integration: Supports multiple blockchains and integrates with the Bybit mobile app, enabling easy and secure asset management across networks.
- Access to dApps, NFTs, and 750+ cryptos
- Early access to new projects through IDOs and airdrops
- Strong security features, including two-factor authentication
- Supports multiple blockchains
- Custodial wallet
- KYC required
5. OKX Wallet – Top Hot Wallet With Extensive dApp Support
OKX Wallet is one of the best hot wallets, relying on self-custody for private keys. It’s connected to 100+ blockchain networks, which can accept thousands of cryptocurrencies, including Bitcoin Ordinals, which is a rare find. In addition, the wallet supports 330 different altcoins, including Ethereum, Solana, Polygon, and more.
However, OKX earned its spot on our list thanks to its support for over 1,000 dApps. These cover DeFi platforms (such as Uniswap and Compound), NFT marketplaces (like OpenSea and LooksRare), and games, such as Axie Infinity and Illuvium.
Our only nitpick is that you won’t benefit from the same customer support the OKX exchange offers. So, if you encounter an issue with a dApp or have trouble navigating the wallet, you’ll most likely need to look for answers yourself.
Key Takeaways
- Self-Custody Security: Uses self-custody, giving users full control over their private keys across multiple blockchains.
- Extensive Blockchain Support: Connected to 60+ networks, OKX supports hundreds of cryptocurrencies.
- DApp Accessibility: Integrates with 1,000 dApps, letting you explore Web3 with ease.
- Easy to accept tokens
- Connects with more than 1,000 dApps
- Supports 60 different blockchains
- Available for iOS and Android
- Moderate learning curve
- Limited customer support
6. SafePal – Best for Hardware Wallet Integration
SafePal is a popular hot wallet available on smartphones and as a browser extension. It offers features like token swapping and multi-chain support, letting you transfer assets across blockchains without needing an exchange. Additionally, SafePal integrates third-party services like Simplex and MoonPay, making it easy to buy and store crypto directly through the app and providing a convenient alternative to traditional exchanges.
SafePal offers the option to connect with a hardware wallet, including its flagship SafePal S1, for enhanced security. This protects your crypto assets even if your smartphone or PC is compromised, as the cold wallet keeps the seed phrase offline and requires physical approval for transactions – adding an extra layer of safety but at the cost of user-friendliness.
However, we like that SafePal is backed by Binance, which gives it extra credibility, plus seamless integration with the exchange’s Earn feature, letting you earn interest on your stored cryptos.
Key Takeaways
- Multi-Chain and Token Swapping Support: Transfer assets across blockchains and swap tokens directly within the wallet.
- Enhanced Security Options: Connect to a SafePal hardware wallet, providing offline storage and physical transaction approval for added safety.
- Convenient Buying and dApp Integration: Integrates services like Simplex and MoonPay for easy crypto purchases and provides seamless access to dApps for trading, yield farming, and NFTs.
- Seamless hardware wallet integration
- Multi-chain support with cross-chain transfers
- Built-in token swapping feature
- Direct crypto purchases through third-party services
- Hardware + hot wallet setup might be complex for beginners
- Occasional glitches with browser extensions
7. CoolWallet – Best Hot Wallet for Security and Scam Prevention
CoolWallet is a versatile crypto wallet app that pairs with CoolWallet hardware devices and functions as a standalone hot wallet. Designed with security in mind, it lets you store assets and navigate the Web3 world safely.
A standout feature of CoolWallet is its Web3 browser and Web3 Smart Scan, which protect you by verifying websites and checking smart contracts for potential risks. You can further enhance your security by pairing the app with a CoolWallet hardware wallet, such as the compact CoolWallet Pro, allowing for flexible storage options – hot wallet for transactions and cold storage for long-term security.
On the downside, this decentralized wallet natively supports around 200 cryptocurrencies, which is fairly limited compared to competitors like SafePal and Best Wallet. However, you get in-app crypto swapping and connections to DeFi applications and smart contracts, broadening its functionality for different crypto needs.
Key Takeaways
- Versatile Usage: Functions as both a standalone hot wallet and a paired hardware wallet, offering flexible options for securely managing crypto assets.
- Multi-Chain Support: Supports various blockchains, enabling users to store, swap, and interact with multiple cryptocurrencies, including Bitcoin and Ethereum, within the wallet.
- Enhanced Security: Features like a built-in Web3 browser and Web3 Smart Scan help safeguard users against compromised websites and risky smart contracts.
- Strong focus on security
- Built-in Web3 browser with security features
- Web3 Smart Scan for checking smart contracts
- Compatible with CoolWallet hardware devices
- Full security benefits require purchasing a separate hardware wallet
- Comparatively small number of supported coins
8. CoinSpot – Best Hot Wallet for Australian Users
CoinSpot is a prominent crypto exchange in Australia that provides a dedicated crypto wallet as a mobile app. This wallet is closely integrated with the CoinSpot exchange, letting you trade cryptos, transfer funds to other wallets, and receive assets – all within one platform.
In addition, the wallet features advanced charting tools and indicators, helping you make more informed decisions when investing or trading your crypto assets.
One of CoinSpot’s standout features is that users can buy crypto with Australian dollars (AUD) using multiple methods such as PayID, cash deposit, direct deposit, or BPAY. However, it’s worth noting that CoinSpot is exclusively available to users in Australia, so those outside the country will need to explore other wallet options. Interested users can visit the wallet’s page to learn more about its functionalities.
Key Takeaways
- Integrated Trading Platform: Directly linked to the CoinSpot exchange, enabling users to trade, transfer, and receive crypto within the app.
- Advanced Tools for Informed Decisions: Access advanced charting tools and trade directly from the wallet for a streamlined experience.
- Supports AUD Deposits: Only available in Australia, but Australian users can buy crypto in AUD using methods like PayID, BPAY, and direct deposit.
- Integrated with CoinSpot exchange for easy trading
- Allows crypto purchases using Australian dollars (AUD)
- Multiple AUD deposit options (PayID, cash deposit, etc.)
- Advanced charting tools available in-app
- Limited to Australian users only
- Limited coin support due to Australian regulations
- Lacks desktop app and browser extension
What Is a Hot Wallet?
A hot wallet is a cryptocurrency wallet connected to the internet, enabling real-time transactions. It stores private keys online, making it highly accessible but more vulnerable to hacks.
Hot wallets typically support fast transfers and are ideal for frequent trading. Examples include mobile and web wallets like MetaMask and Best Wallet.
Unlike cold wallets, which are offline and more secure, hot wallets prioritize convenience. They’re often used for holding smaller amounts of crypto due to the increased security risk from constant internet exposure.
The Importance of Storing Seed Phrases Safely
A seed phrase is a series of 12-24 randomly generated words that grant full access to your crypto wallet. Whether you use a hot wallet or cold storage, the seed phrase is critical because it can restore your wallet if it is lost, stolen, or compromised.
If someone else gains access to your seed phrase, they control your assets. Storing the seed phrase safely is essential to prevent theft or loss of your digital assets.
How Do Hot Wallets Work?
Knowing about private keys is essential to understanding how hot wallets work. A private key is a unique code granting access to your cryptocurrency, prioritizing its secure storage. Hot wallets store these private keys on internet-connected devices, allowing convenient crypto access but introducing certain security risks. Here’s a step-by-step guide to how hot wallets operate.
A crypto hot wallet is a software-based wallet that stores your coins on an internet-connected device. This makes accessing and using your funds easy and exposes them to potential security risks.
- Storage and Access: A hot wallet is a software-based wallet that stores your private keys on an internet-connected device. It allows easy access to your crypto but introduces potential security risks.
- Key Generation: When you create a hot wallet, it generates a private key (to control access) and a public key (to receive funds).
- Types of Hot Wallets: Hot wallets can be browser-based, mobile, or desktop apps, providing convenience for frequent transactions.
- Key Storage: Your private key is encrypted and stored locally, but remains online when the wallet is in use, which can increase vulnerability to hacks.
- Security Consideration: Combining hot and cold wallets enhances security, allowing long-term storage in cold wallets and small, daily transactions in hot wallets.
Which Cryptocurrencies Can You Store in a Hot Wallet?
You can safely store Bitcoin, Ethereum, and other popular cryptos in a hot wallet. Many wallets support multiple blockchain networks, like Binance Smart Chain and Solana, allowing you to store native tokens (e.g., BNB or SOL). Always check wallet compatibility with specific chains and token standards (ERC-20, BEP-20).
Hot wallets generally support cryptocurrencies that operate on public blockchains, but not all wallets support every asset. For example, Best Wallet supports 60+ networks, including Ethereum and EVM-compatible chains, while wallets like Zengo focus on security and offer fewer networks
How Many Cryptos Can You Store in a Hot Wallet?
The number of cryptos you can store in a hot wallet depends on blockchain compatibility. Some hot wallets, like MetaMask, support Ethereum and EVM-compatible tokens but not Bitcoin.
Others, like Best Wallet or Zengo, support thousands of assets across multiple chains, including Bitcoin, Ethereum, Binance Smart Chain, and Solana.
Wallets supporting multiple networks allow you to store native assets and compatible tokens (e.g., ERC-20, BEP-20). Always verify that the wallet supports the crypto blockchain you plan to store.
Cold Wallets vs. Hot Wallets
The key difference between hot and cold wallets is internet connectivity. A hot wallet is always online, enabling instant transactions but increasing vulnerability to hacks.
In contrast, a cold storage wallet stays offline, offering stronger protection against cyber threats. Cold wallets use hardware or paper to store private keys, making them more secure but less convenient for frequent trading.
Hot wallets like Best Wallet are suited for active traders, while cold storage, such as Ledger or Trezor, is ideal for long-term holdings with minimal access.
Benefits of Using a Hot Crypto Wallet
There are arguments for both hot and cold wallets. Here’s a short overview of the most popular benefits of using a hot wallet.
- Easy access
- No additional cost
- Staking and swapping
- Easy access to dApps
- Recovery and backup
Let’s take a look at each of these aspects in more detail.
Easy Access
Hot wallets allow you to access and manage your crypto funds anytime, as long as you have a stable internet connection. The software helps users access their crypto from a range of devices.
For example, a hot wallet can come in handy if you need to send money to someone or make a payment quickly. Many even feature QR codes and other functions that simplify transactions, so you don’t have to deal with tedious wallet addresses.
Staking and Swapping
Staking has become increasingly popular in crypto, allowing crypto owners to make passive income with their coins. Therefore, many wallets offer various staking options, although not all can be beneficial.
As with crypto trading, staking does not guarantee a profit, so you must be careful where you invest your funds. Many wallets have built-in exchanges or are part of bigger crypto staking platforms.
Quick Access to dApps
Many hot wallet crypto solutions feature access to crypto exchanges where you can use various trading options. In addition, some wallets are compatible with a wide range of decentralized applications. For instance, Best Wallet, Zengo, and Binance Wallet can be easily connected to various dApps.
Recovery and Backup
Hot wallets offer easier recovery and backup compared to cold wallets. You’re given a recovery seed phrase when setting up most of them.
If you lose access to your device, you can restore your wallet by entering this phrase on another device. This process is simple and can be done from any internet-connected device.
Cold wallets, like hardware wallets, require physical access to the device for recovery, making them less convenient if the device is lost or damaged. Hot wallets eliminate the need for physical hardware, streamlining backup and recovery.
Methodology – Ranking the Best Crypto Hot Wallets
To create our best hot wallet 2025, we carefully examined dozens of options based on various factors, including their security, supported cryptos, additional features, fees, and more. Here are the key factors we looked at and the points weighting we assigned to them.
Security Features – 20%
Security features are essential when choosing a crypto hot wallet because your assets are vulnerable online. To assess this, we:
- Look for encryption, two-factor authentication, and backup options.
- Compare wallet reputations, track records, and any known security breaches.
- Test features like seed phrase storage and user control over private keys.
- Research feedback from experienced users and check if the wallet is regularly updated.
- Conduct hands-on testing to assess ease of use and any hidden risks.
User-Friendliness – 15%
User-friendliness is crucial when choosing a crypto hot wallet because it impacts accessibility and ease of use. A confusing interface can lead to mistakes or missed transactions.
We assess wallet setup, navigation, and transaction flow through hands-on testing. We compare features like clean design, simple instructions, and quick access to key functions.
Reviews from real users provide insights into day-to-day usability. Wallets with smooth, intuitive interfaces rank higher in our guide, ensuring even beginners can manage their assets confidently.
Supported Cryptocurrencies – 15%
The number of supported cryptocurrencies is important because it determines wallet versatility. You need flexibility to store multiple assets in one place. We assess each wallet by researching its list of supported coins and tokens.
Hands-on testing verifies smooth transactions for various types of cryptocurrency, from major coins to lesser-known tokens. Wallets supporting a wider range of assets rank higher in our guide, ensuring they meet diverse portfolio needs. This provides you with flexibility and convenience.
Device Compatibility – 15%
Device compatibility is critical because you need a seamless wallet across your preferred devices. Limited compatibility can hinder access or usability. We assess wallets by testing them on various platforms, such as iOS, Android, Windows, and macOS.
Our research checks if the wallet functions consistently across devices, syncing transactions without issues. Wallets that support multiple platforms and devices rank higher in our guide, ensuring flexibility and convenience for users.
Recovery and Backup Features – 15%
Recovery and backup features are vital because they protect your assets if you lose access to your wallet. Without these, you risk permanent loss of funds. We assess wallets by reviewing their backup methods, such as seed phrases and cloud backups.
Hands-on testing checks how easily you can recover your wallet from a lost device or corrupted app. Wallets with strong, user-friendly recovery options rank higher in our guide, ensuring you can regain access without hassle.
Integration With Exchanges and Other DApps – 10%
Integration with exchanges and dApps is crucial because it allows seamless transactions and broader functionality. Without integration, you face delays or limited use of your assets. We assess wallets by testing direct connections with major exchanges and popular decentralized apps.
Hands-on testing helps confirm the ease of trading, staking, or using DApps without leaving the wallet. Wallets with smooth integrations rank higher in our guide, ensuring a streamlined user experience across various platforms.
User and Professional Reviews – 10%
User and professional reviews are worth considering since they provide real-world insights into wallet performance and reliability. We assess these reviews to identify recurring issues or standout features.
User feedback highlights day-to-day usability, while professional reviews offer expert evaluations of security and functionality. We compare both to ensure our rankings reflect actual experiences and expert opinions. This helps us recommend wallets with proven track records and strong user satisfaction.
Conclusion
To sum up, hot wallets provide the convenience of storing and using cryptocurrencies. Many can be easily connected to various exchanges or used to access decentralized applications.
Our top choice is Best Wallet, a multi-blockchain hot wallet with a DEX and NFT Integration within the platform. It also offers market insights and helps users spot promising tokens before they hit exchanges.
Crypto Hot Wallets FAQs
Which hot wallet is the best at the moment?
What hot wallet is the safest for cryptocurrency?
Is it safe to use a hot wallet?
Which hot wallet can support BTC?
References
- Ethereum.org: Introduction to Ethereum
- Reuters: Bitcoin could hit $100,000 by end-2024, Standard Chartered says
- Financial Times: Coinbase trading volumes fall as regulatory uncertainty weighs
- The New York Times: Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes
- Bloomberg: Bitcoin and Blockchain
2M+
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