Best crypto wallet? 30 wallets sorted by what their documents say
What is the best crypto wallet?
No document can name one best crypto wallet, so this page sorts 30 by what their terms and records say. 9 meet all four documented criteria: self-custodial by the terms, no party disclosed as able to block an address, no incident on record, and terms read. It is not a paid ranking. 8 have at least one primary-source incident recorded.
Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk
How this is sorted: by what the documents say, not a paid ranking. CryptoGuardz has no commercial relationship with any wallet below and earns nothing if you install one. The order is four fields read from each wallet’s register record, in this order: whether the terms make it self-custodial, whether any party is disclosed as able to block an address, how many incidents are recorded from primary sources, and whether the binding terms could be read. Ties are broken by name. Corrections go to the corrections page.
All 30 wallets, sorted
9 of 30 meet all four criteria: Arculus, Backpack, Keystone, Robinhood Wallet, Solflare, Tonkeeper, Uniswap Wallet, Xverse and Zerion. Below them the order follows the first criterion a wallet misses. A lower place means a documented difference, not a worse product: no code audit was read and nothing was tested.
30 wallets
| Order | Wallet | Custody in the terms | Who can block an address | Incidents | Terms | Gambling clause | Liability cap |
|---|---|---|---|---|---|---|---|
| 1 | Arculus | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | no cap recorded |
| 2 | Backpack | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | all loss excluded |
| 3 | Keystone | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | the price paid for the product |
| 4 | Robinhood Wallet | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | 100 US dollars |
| 5 | Solflare | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | 100 US dollars |
| 6 | Tonkeeper | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | all loss excluded |
| 7 | Uniswap Wallet | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | 100 US dollars |
| 8 | Xverse | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | a stated cap, quoted on the entry |
| 9 | Zerion | Self-custodial, by the terms | None disclosed in the documents read | 0 | Terms read | Gambling prohibited | no cap recorded |
| 10 | Sparrow Wallet | Self-custodial, by the terms | None disclosed in the documents read | 0 | No terms of service; software licence only | Not disclosed | all loss excluded |
| 11 | Wasabi Wallet | Self-custodial, by the terms | None disclosed in the documents read | 0 | No terms of service; software licence only | Not disclosed | all loss excluded |
| 12 | COLDCARD | Self-custodial, by the terms | None disclosed in the documents read | 1 | Terms read | Not disclosed | all loss excluded |
| 13 | D'CENT | Self-custodial, by the terms | None disclosed in the documents read | 1 | Terms read | Not disclosed | all loss excluded |
| 14 | SafePal | Self-custodial, by the terms | None disclosed in the documents read | 1 | Terms read | Not disclosed | all loss excluded |
| 15 | Atomic Wallet | Self-custodial, by the terms | None disclosed in the documents read | 1 | Not verified: terms could not be retrieved | Not disclosed | all loss excluded |
| 16 | Tangem | Self-custodial, by the terms | None disclosed in the documents read | 2 | Terms read | Not disclosed | all loss excluded |
| 17 | Trust Wallet | Self-custodial, by the terms | None disclosed in the documents read | 2 | Terms read | Illegal gambling only | 100 US dollars |
| 18 | Trezor | Self-custodial, by the terms | None disclosed in the documents read | 3 | Terms read | Not disclosed | the fees paid for the app, and the purchase price for the device |
| 19 | Bitget Wallet | Self-custodial, by the terms | Another party in the stack | 0 | Terms read | Promoting gambling prohibited | all loss excluded |
| 20 | Coinbase Wallet | Self-custodial, by the terms | Another party in the stack | 0 | Terms read | Illegal gambling only | 100 US dollars |
| 21 | Ledger | Self-custodial, by the terms | Another party in the stack | 0 | Terms read | Illegal gambling only | all loss excluded |
| 22 | MetaMask | Self-custodial, by the terms | Another party in the stack | 0 | Terms read | Not disclosed | the fees you paid it in the last twelve months, or 25,000 US dollars only if you paid none |
| 23 | Exodus | Self-custodial, by the terms | The wallet provider, under its own terms | 0 | Terms read | Not disclosed | 1,000 US dollars |
| 24 | OKX Wallet | Self-custodial, by the terms | The wallet provider, under its own terms | 0 | Terms read | Illegal gambling only | the fees you paid it in the last 12 months |
| 25 | Keplr | Not settled by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | all loss excluded |
| 26 | Phantom | Not settled by the terms | None disclosed; the terms deny the power | 0 | Terms read | Not disclosed | 100 US dollars |
| 27 | Rabby Wallet | Not settled by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | the lower of fees paid in 12 months or 100 US dollars |
| 28 | Zengo | Not settled by the terms | None disclosed in the documents read | 0 | Terms read | Not disclosed | all loss excluded |
| 29 | Blockstream Jade | Not settled by the terms | None disclosed in the documents read | 1 | Terms read | Not disclosed | all loss excluded |
| 30 | Wallet in Telegram | Custodial: provider holds keys | The provider, which holds the keys | 0 | Terms read | Gambling prohibited | no cap recorded |
Which crypto wallets are fully self-custodial?
Searches for the best decentralized crypto wallet mostly mean this. 24 of 30 have terms that place the keys with the user and disclaim the provider’s access to them: Arculus, Backpack, Keystone, Robinhood Wallet, Solflare, Tonkeeper, Uniswap Wallet, Xverse, Zerion, Sparrow Wallet, Wasabi Wallet, COLDCARD, D'CENT, SafePal, Atomic Wallet, Tangem, Trust Wallet, Trezor, Bitget Wallet, Coinbase Wallet, Ledger, MetaMask, Exodus and OKX Wallet. Self-custody in the terms means the provider says it cannot move your coins; it does not mean the app cannot be withdrawn, and 19 of the 24 reserve a right to suspend or end access to the software.
1 wallet is custodial by its own terms: Wallet in Telegram. The provider holds the keys and reserves the right to freeze funds.
Which wallets hold a key share?
Three records describe a provider that holds part of the key material for some or all wallets. The descriptions are the record’s.
- Zengo: There is no single private key. Zengo's own agreement states its servers hold one of two key shares, the Server Share, and that a transaction requires both. Zengo therefore holds key material and cannot transact alone, and the user cannot transact without Zengo's servers. The register's self-custody reading does not fit this model and the file records it as a two-party arrangement.
- Keplr: For a wallet created from a recovery phrase, the help centre states the key is encrypted and stored locally. For the credential-based login described in the terms, Keplr and Keyshare Nodes participate in signature generation and the terms disclaim only holding complete private keys. The terms do not say what share, if any, Keplr holds.
- Blockstream Jade: For a singlesig account, the keys are on Jade and Blockstream holds none. For a 2-of-2 multisig account in the Blockstream app, Blockstream's help centre states the second key is held on Blockstream Green servers behind two-factor authentication, so Blockstream holds one of two signing keys and cannot spend alone. Separately, Jade's PIN protection depends by default on a blind oracle managed by Blockstream that holds part of the AES256 key encrypting the wallet on the device; Blockstream states the oracle learns neither the keys nor the PIN.
Phantom and Rabby Wallet are also left open in the register, for a different reason each: Phantom: For a wallet created from a recovery phrase, the help centre states keys are stored locally on the device. For a wallet created with a Google or Apple account, Phantom's own help centre states that Phantom holds one of two parts of the encryption key for the recovery phrase, and that the private key is held in a secure enclave rather than on the device. Rabby Wallet: The terms say assets are stored locally on the user’s device and that Rabby will never ask for the key or phrase. They do not state in terms that Rabby has no access to key material, so the field is left open rather than set to no.
Which is the safest crypto wallet?
The documents cannot settle that: safety is mostly decided in the code, and no audit was read for this register. What the records can say is narrower. 11 wallets are self-custodial by their terms, disclose no party able to block an address, and have no primary-source incident on record: Arculus, Backpack, Keystone, Robinhood Wallet, Solflare, Tonkeeper, Uniswap Wallet, Xverse, Zerion, Sparrow Wallet and Wasabi Wallet. No incident on record is not proof of none.
8 have incidents recorded: Trezor (3), Tangem (2), Trust Wallet (2), COLDCARD (1), D'CENT (1), SafePal (1), Atomic Wallet (1) and Blockstream Jade (1). Several are data exposures at a supplier rather than a loss of funds; each one is described, with its date and source, on that wallet’s safety page.
Which wallets screen or can block an address?
Searches for an anonymous crypto wallet usually turn on this question. 2 reserve a power in their own terms to screen, freeze or restrict: Exodus and OKX Wallet. 4 disclose that another party in the stack can act on an address or a transaction: Bitget Wallet, Coinbase Wallet, Ledger and MetaMask. Wallet in Telegram holds the keys and can freeze funds outright. 17 of 30 records quote a data-sharing clause: a wallet that never touches a key can still see every address you use. This register does not advise on avoiding identity checks; it records what each provider says it can see and do.
Which wallets ban gambling in their terms?
2 prohibit gambling outright: Zerion and Wallet in Telegram. 4 prohibit illegal gambling only: Trust Wallet, Coinbase Wallet, Ledger and OKX Wallet. 1 prohibits promoting gambling: Bitget Wallet. The other 23 say nothing about gambling in the documents read, which is an absence and not a permission. On a self-custodial wallet the stated consequence of a breach is loss of access to the app; on a custodial one it can reach the funds.
Which crypto wallet suits a beginner?
The record that matters most to a first wallet is recovery: what happens when the phone is lost. 11 of 30 offer a cloud or hosted backup: Robinhood Wallet, Solflare, Uniswap Wallet, Xverse, Zerion, Trust Wallet, Bitget Wallet, Coinbase Wallet, Keplr, Phantom and Zengo. For 3 of them, Keplr, Phantom and Zengo, the record says the backup or sign-in model changes who holds key material. The other 19 offer no cloud or hosted backup in the record, so recovery depends on what you keep yourself.
Sparrow Wallet and Wasabi Wallet publish no terms of service, only a software licence. The terms of Atomic Wallet could not be retrieved. A beginner has no contract to read for those.
Which is the best mobile crypto wallet?
No data: the register does not record which platforms each wallet runs on, so it cannot sort by mobile. What it does record is the split between software and hardware. 21 of the 30 are software wallets, and 9 are hardware wallets with a companion app: Arculus, Keystone, COLDCARD, D'CENT, SafePal, Tangem, Trezor, Ledger and Blockstream Jade. The difference is explained on hot wallet vs cold wallet.