If you can’t store your crypto, you can’t own or trade it either. 

You need a crypto wallet before you can grab up the latest tokens in the marketplace. 

We have reliable, proven ways of sending and receiving crypto assets—even without leaving traces of your activity online. Whether you’re new to cryptocurrencies or already own a few, this guide will keep your investments secure and show you where the trends are now heading.

You’ll find the biggest trends already engineered into the best crypto wallets of 2024. 

In this overview, you’ll see exactly why a secure wallet matters and which options you have. 

Our comparison of the 5 best wallets for crypto in 2024

Here, we cover our 5 best wallets for crypto in 2024. We cover these wallets by comparing them to an entire market of developments and our own experience as crypto enthusiasts.

Some wallets have always led the pack. Others have gotten better over time. If you’re ready for the best experience while owning crypto, then you’ve got to familiarize yourself with the following: 

The eToro Crypto Wallet

This eToro wallet is what we’d call your most flexible as an American. The exchange, itself, is open to U.S. investors but provides a group of services that only its regulation overseas will allow.

Having such a diverse client base, eToro’s wallet might be a great choice when you’re looking for a diverse selection of assets that are backed by a secure, reliable platform. 

CharacteristicsPricing/Fees
This is a hot wallet that you can obtain as a mobile app. It’s a transparent interface where you can find your balance, buy, sell, receive or send crypto. The eToro crypto wallet is free to download. Any fees you pay during your transactions are independent of eToro, being charged based on the blockchain you transact with. 
eToro Wallet Recap

  • Ideal for traders who already use eToro
  • You don’t need to trade crypto to use the wallet
  • Secure and safe for all of your crypto transactions
  • Impractical for those not using eToro
  • A hot wallet that’s exposed online
  • Not tied to any specific staking option

eToro

  • Simplified Accessibility
  • Supports 120+ cryptocurrencies
  • Integration with eToro

The MetaMask Crypto Wallet

As a leading crypto wallet for decentralized finance and web3.0, MetaMask is great for developers and gamers alike. Those who develop blockchain code and play metaverse games should consider storing their crypto here.

Once you do, you’ll find the entry and exit of gaming or developing platforms to be relatively easy. You can buy crypto and spend it via this wallet. 

CharacteristicsPricing/Fees
The 100-million plus users behind MetaMask benefit from direct access to development projects. They can also store and swap tokens without having to write code.The wallet, being an actual website, charges 0.876% of your total transaction cost as an operation fee. The wallet, itself, is free to download or install.
MetaMask Wallet Recap
  • Streamlined for developers and web3.0 users
  • Is free but offers a range of service options
  • Comes as a browser extension for serious surfers
  • Might be too advanced for novice crypto investors
  • Does not offer a direct platform for trading crypto
  • Costly if you’re not actually developing blockchains yourself

MetaMask

  • Multi-platform access
  • Non-custodial wallet
  • Multi-network interoperability

The Zengo Crypto Wallet

We love the Zengo wallet because it’s custodial free, meaning that no entity or person is in charge of your public and private keys. This leaves you with the least amount of vulnerability when you’re using a hot wallet online.

It can be downloaded at both the Apple Store and Google Play. You’ll find the basic services needed when dealing with crypto but impeccable security.

CharacteristicsPricing/Fees
So far, there are “0” Zengo wallets to ever be hacked. What you’ll get is access to over 120-crypto assets and even a 24/7-support team.Though you do pay for network fees from individual blockchains, Zengo Wallet is free to download and use. There is, however, a premium option, having vast security measures that cost between $9.99 monthly or $69.99 annually.
Zengo Wallet Recap
  • Highly secure and self-custodial
  • Easy to navigate, access and exchange
  • Uses a firewall specifically for web3.0
  • Can be costly to use its security features
  • Could have more assets to access
  • No Binance, Cardano or Solana

Zengo

  • Simplified user interface
  • In-app buying and selling

The Coinbase Crypto Wallet

The Coinbase crypto wallet is the best wallet app for anyone trading on Coinbase’s exchange. Not only is the exchange growing by tremendous margins, but institutional investors are now making Coinbase their top choice.

You can expect its wallet to remain secure and easy to use for generations to come. What we like most about Coinbase’s wallet are the assets it hosts. 

CharacteristicsPricing/fees
Sleek and easy to navigate, Coinbase’s wallet was created as a self-custody option that ensures you have optimal safety. It stores NFTs as secure as it does cryptocurrencies.The Coinbase wallet is free, but you are expected to pay network fees. These come from individual blockchains that you transact with. 
Coinbase Wallet Recap
  • Makes a direct connection to the Coinbase exchange
  • Offers staking, swapping and trading services
  • Gives you enough security to rely on
  • Customer support has been reported as slow/inadequate
  • Exchange fees can reach as high as 5%
  • There is no desktop application

Coinbase

  • Fast transactions
  • Popular Crypto App
  • Autonomous management

The Binance Crypto Wallet 

We couldn’t give you the top crypto wallets without mentioning the largest crypto exchange on the planet. Binance’s exchange sees as much as $22 billion traded in a twenty-four hour period.

This makes its wallet an ideal option when you’re in search of liquidity. For those who want to enter and exit price moves in seconds, then you won’t find better liquidity than Binance. 

Pricing/FeesCharacteristics
Though there are costs to using the platform, there is no cost for downloading the Binance application. The exchange fees of 0.1% to 0.5% for trading are among the most competitive. Binance, specifically, presents its wallet as a suitable portal into decentralized finance and the developing world of web3.0. The wallet also gives you direct access to crypto-trading services.
Binance Wallet Recap
  • Offers the most liquidity for investors
  • Works through one of the most trusted developers
  • Suitable for crypto investors and those who develop blockchain
  • Is currently accused of fraud by the SEC
  • Inaccessible by those in Texas, New York, Hawaii and Vermont
  • Obscurities in how the platform operates do exist

Binance

  • Wallet designed for DeFi
  • Renowned exchange wallet
  • Total control over your cryptocurrencies.

Tokize’s recommendation—the best crypto wallet to choose

Choosing from this crypto wallet list is, ultimately, your choice, but you need reliable data and insights to work with. We’ve got you covered. Start with the following for everything to know about modern crypto wallets.

Be you a beginner or not, this overview will get you through: 

What are crypto wallets?

Crypto wallets are digital applications used for the exchange and storage of cryptocurrencies.

Doing so calls for public and private keys, which covers the numerical data you need to create a wallet address and its passcode. Once these are in place, your wallet app makes accessing and then using this data easy for beginners and experts alike. 

The different kinds of crypto wallets

Making a choice on the best decentralized crypto wallet calls for you to know what the variations are. In short, one type is good for long-term storage while the other is best for short-term use. 

Cold Wallets

Cold wallets are considered great for long-term storage. They’re “cold” because they aren’t connected to the web. No one can use internet access to access your crypto data. Cold wallets come in the form of hard drives, being small or large depending on the model. 

Hot Wallets

Hot wallets can be just as practical among the best digital wallets, depending on your needs. These options connect to and often remain live on the web. They’re ideal for making purchases and surfing the web when such requires you to use crypto. The trick with hot wallets is to only store what you’ll spend. 

How to get a crypto wallet

Some websites that specialize in crypto are, themselves, top digital wallets.

You enter them by logging into your account. However, the most common forms of crypto wallets are digital applications or cold hard drives. You can buy cold decentralized crypto wallets through the web, but they will arrive as physical storage. Wallets, as decentralized wallet apps, are at the Apple Store or with Google Play. 

What criteria should you consider before choosing your wallet?

Just keep the following in mind when choosing from this cryptocurrency wallets list

  1. What your daily use is
  2. How secure is the provider
  3. Reliability of customer service

How did we review and choose these wallets for you? 

Our scoring for the best online wallet was based on factors like customer support and the cost of purchasing or using each wallet. Security, usability and the variety of tokens each wallet hosts were important. Largely, our evaluation was also led by our own experience using crypto. 

Your FAQ for Crypto Wallets

You can have as many wallets as you can keep track of.
Your public and private keys can still be safely transferred to a different wallet.
Hardware wallets are physical, and they need to be put away. Software wallets are downloads that call for a computer source to power.
Overall, reviewers suggest Coinbase is ideal as the best crypto wallet for beginners.
Binance has the most competitive fees for the level of service it provides. At times, you pay as low as 0.1% of the exchange you transact.
Visit Binance, Coinbase or Zengo and follow their instructions for opening an account.