Each year, we conduct an extensive review of Bitcoin and crypto wallets available in Australia. To arrive at these picks, we've compared more than 50 wallets on features like security, usability, cost and supported coins. This list is then reviewed each month to make sure it is accurate and up to date.
The picks below are designed to help you choose the best wallet for your goals and holdings. Since some wallets are better at some things than others, it's common to use multiple wallets at once. For instance, you might use one wallet for staking and another for its Web3 features.
Regardless of what you choose, it's a good idea to pair any software wallet with a hardware wallet for added security.
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
You can use the table below to compare the top crypto software and hardware wallets on price and supported assets.
The Nano S Plus is our pick for the best crypto wallet overall thanks to Ledger's robust security, wide range of cryptocurrencies and NFTs all at the affordable price point of US$79.
The Nano S Plus is a hardware wallet manufactured by French company Ledger, which has been around since 2014. Ledger wallets have a clean security track record, with no hardware breaches recorded.
The accompanying Ledger Live app also allows you to swap cryptocurrencies, purchase them with debit or credit card or put them to work via DeFi and staking. Ledger Live features the Merlin dashboard which lets you interact with 1,000+ DeFi protocols across 10 chains and track yield, PnL and impermanent loss.
You'll be hard-pressed to find another wallet that offers so much value at such a moderate price.
The Ledger Nano X is one of the best-known and feature-rich hardware wallets on the market. Its robust security, support for a wide range of cryptos and connection to both desktop and mobile interfaces are some of the reasons it was our pick for the best hardware wallet.
Ledger has a long track record of providing industry-standard level security for digital assets.
The Nano X hardware is supported by the Ledger Live app, which helps you manage up to 5,500 cryptos, Ethereum and Polygon NFTs and over 1,000 DeFi apps from a single user interface available on both desktop and mobile.
You can also stake a selection of your digital assets via Ledger Live or put them to work in DeFi.
The Nano X is Bluetooth-enabled and compatible with both Android and IOS mobile devices, so you can manage your crypto on the go.
'I've been using a Trezor One for over five years and it is still my daily wallet for crypto, despite now owning other more advanced and expensive hardware wallets. It's simplicity makes it much easier and faster to use than other wallets I own.' – James Edwards, Cryptocurrency Editor
The Trezor Model One is the original cryptocurrency hardware wallet. It's a small USB device for securely storing the private keys to your digital assets in cold storage – offline and physically separated from your computer.
The Model One is all you need to manage major crypto assets like Bitcoin (BTC) and Ether (ETH). It is excellent for using with DeFi applications on Ethereum, including layer-2 networks.
Trezor won Finder's Customer Satisfaction Award for cryptocurrency wallets in 2023, with 84% of users saying they would recommend Trezor products to a friend. Trezor received exceptional scores for its security and overall experience.
Warning: On May 25, 2023 a security firm named Unciphered claimed that they were able to extract the private keys from a Trezor Model T. The exploit requires physical access to the device as well as specialised tools and knowledge. Trezor has previously addressed this type of vulnerability in a blog post and says that the attack can be prevented by using a strong passphrase.
Exodus Wallet is a software wallet for desktop and mobile that provides access to a wide range of cryptocurrencies. While many wallets only let you manage coins on a single network, Exodus supports assets on blockchains including Bitcoin, Ethereum, and Solana. This all-in-one functionality makes it our top wallet pick for beginners.
The wallet has added features like a portfolio overview that help you to oversee your holdings. And if you'd like to top up your portfolio, you can use the wallet's built-in exchange to swap your digital assets.
You can also stake cryptos like Algorand (ALGO) and Cosmos (ATOM) through Exodus.
For added security, you can store the keys to your assets on a Trezor hardware wallet, making it easy to upgrade from one to the other if you decide to go pro.
One of Exodus's most beginner-friendly features is its highly-responsive support staff. If you email them for support, you can expect to hear back within an hour.
The Nano S Plus provides the security of its predecessor, the Nano S, but with almost all of the capabilities of Ledger's top-of-the-line hardware wallet, the Nano X.
And at a price point of U$79, the Nano S Plus costs US$70 less than the Nano X at US$149. When you consider that the only key difference between the X and S Plus is Bluetooth connectivity and iOS support, the S Plus's value starts to become clear.
The Nano S Plus lets you keep the private keys to over 5,500 digital assets and NFTs in cold storage.
The accompanying Ledger Live software helps manage and stake your digital assets. You can put your assets to work in DeFi through the Ledger Live app or by syncing with MetaMask.
You'll be hard-pressed to find a hardware wallet that does as much for you at such a reasonable price.
Exodus is our pick for best desktop wallet in part because its sleek user interface (UI) makes it easy to manage over 350 crypto coins and tokens on an assortment of major blockchains including Bitcoin, Ethereum, Solana, Polygon and Cardano.
You can also use the 'Fiat Onramp' section of the wallet to purchase crypto with your fiat or click on the 'Swap' tab to trade one of your cryptos for another.
On top of that, you can put your crypto to work by staking it via the wallet’s interface. Exodus enables you to stake Solana (SOL), Polygon (MATIC) and a handful of other crypto assets.
And if you really like Exodus’ UI and features but want to upgrade your security, you can link your Trezor wallet to Exodus to use the Exodus interface to manage the digital assets you keep in cold storage via your Trezor hardware wallet. Doing so also makes it easier to send the crypto you purchase or trade for in Exodus into your Trezor cold storage.
Trust Wallet supports coins and tokens from 70 different blockchains. This saves you the hassle of downloading multiple wallet apps and makes it our standout pick for the best mobile wallet.
Trust Wallet lets you quickly import popular coins and tokens, view charts and pricing information and receive notifications directly to your mobile device.
If you want to view cryptos that aren't listed by default, Trust Wallet also lets you import custom tokens. You'll need to be careful to verify contract addresses when doing this, as anyone can create fake versions of existing cryptos.
You can also connect to dApps and DEXs that support the Wallet Connect extension. As an added convenience, you can also purchase cryptos with fiat through third-party providers like Moonpay and stake assets directly from your Trust Wallet.
The Coinbase Wallet doesn't require a Coinbase account to use it but verified account holders can connect directly to Coinbase's exchange to buy crypto. This seamless integration makes it our pick for the best exchange wallet.
The Coinbase Wallet can be downloaded as a mobile app or browser extension and features an easy-to-navigate UI consistent with the Coinbase exchange. The wallet is automatically configured to support many blockchains, including all EVM-compatible chains, Solana and more.
Security on the Coinbase wallet is consistent with the industry standard for non-custodial wallets, which means it does come with some counterparty risk. If convenience and easy access to your funds on Coinbase is important to you, then this exchange wallet has a lot to offer.
The COLDCARD Mk4 is a popular hardware wallet among hardcore Bitcoiners.
It was designed for Bitcoin maximalists by cypherpunks – technologists who advocate for privacy-enhancing technology.
The Mk4 doesn't have some of the functionality of Ledger or Trezor hardware wallets, but it does offer industry-leading security for the private keys to your BTC.
The device features 2 Secure Element chips – the same type of chips used to protect data for passports and credit cards – to protect your private keys.
To keep the private keys that you store on the device extra secure, you can send BTC to and from your device without even connecting it to a computer. When you use desktop software wallets like Sparrow or Electrum, you can use a microSD card to transfer data back and forth from your computer to your Mk4.
Coinomi is a desktop and mobile wallet that supports over 1,770 coins and tokens on 125 different blockchains. This impressive range puts Coinomi far ahead of most wallets on the market and makes it our pick for the best multi-crypto wallet.
In addition to storing your private keys, Coinomi wallet also allows you to manage your NFTs, stake certain assets and interact with DeFi apps.
There is a built-in decentralised exchange (DEX) that allows you to swap your cryptocurrency without having to use a centralised service like Coinbase or Binance.
Founded in 2014, Coinomi was the first ever multichain wallet to come to market. In its 8 years of operation, there have been no reported hacks. Customer support is available via live chat or support tickets.
The Trezor Model T wins our best pick for experienced users thanks to several advanced features which come together to give you greater control over your funds.
Where the Model T falls short is the range of coins and tokens it supports. The Trezor Suite software only supports a small handful of popular blockchains, but through third-party software, the Model T supports over 9,000 coins and tokens.
Warning: On May 25, 2023 a security firm named Unciphered claimed that they were able to extract the private keys from a Trezor Model T. The exploit requires physical access to the device as well as specialised tools and knowledge. Trezor has previously addressed this type of vulnerability in a blog post and say that the attack can be prevented by using a strong passphrase.
Trezor won Finder's Customer Satisfaction Award for cryptocurrency wallets in 2023, with 84% of users saying they would recommend Trezor products to a friend. Trezor received exceptional scores for its security and overall experience.
The Ledger Nano S Plus is our pick for best staking wallet because it lets you stake your cryptos while keeping the private keys securely offline. This sort of security can only be provided by a hardware wallet, and the Nano S Plus offers one of the widest range of staking assets for any hardware or software wallet.
You can stake a handful of currencies like Ether (ETH) and Polkadot (DOT) via the device's native Ledger Live interface.
Where it really shines though is its integration with third-party apps which allows you to easily stake over 25 cryptocurrencies, including crowd favourites like Avalanche (AVAX) or Solana (SOL). There is also support for 1,000+ DeFi protocols through the Merlin app.
When you sync your Nano S Plus with a third-party wallet for the purpose of staking, the private keys to the assets that you stake remain stored in cold storage on your Nano S Plus. This gives you greater security than if you were to use a software wallet on its own.
With over 30 million monthly active users at the time of writing, MetaMask is a crowd favourite and considered the go to for Web3 apps, making it an easy choice for best Web3 wallet.
MetaMask was one of the first non-custodial wallets to help open the door to the world of Web3 and DeFi. Operating on both desktop and mobile devices, MetaMask lets you connect to dApps, store NFTs and digital assets and trade cryptos across several different blockchains.
A key feature behind the popularity of MetaMask's Web3 wallet is the ability to buy and sell cryptos without providing any personal information. To start trading on DeFi exchanges you simply install the app or browser extension and log in using your private seed phrase.
Your MetaMask seed phrase acts as a password, login and proof of ownership all in one. Your information is not stored on any database and asset ownership is entirely in your hands; an important element of decentralisation.
Though most known for its global exchange, Crypto.com also offers a tailored non-custodial DeFi wallet with standout features deserving of our pick for best DeFi wallet.
Crypto.com DeFi Wallet is available to anyone – not just existing Crypto.com users. The DeFi wallet can be synced to the centralised Crypto.com app to make transfers between accounts simple.
The Crypto.com DeFi Wallet also features in-app swaps via the Ethereum, BNB Smart Chain, Cronos, and Polygon blockchains.
In-app staking and connection to Web3-enabled sites are also possible. Crypto.com DeFi Wallet users can connect to dApps, DEXs, lending platforms and marketplaces without ever having to leave the app.
The Ledger Stax is currently not available to order while Ledger focuses on delivering all existing pre-orders. It will likely become avilable to order in the next few months.
The Ledger Stax was designed by Tony Fadell, the co-creator of the iPod and iPhone.
The device is more sleek and stylish than previous Ledger hardware wallets, yet it still offers the same level of security for which Ledger wallets have come to be known and trusted.
The most notable feature of the Ledger Stax is its 3.7-inch (672x400px) electronic ink (e-ink) touchscreen, which makes managing your assets and clear-signing transactions via the device a smooth and convenient process.
Other features that make the Ledger Stax stand out from previous versions of Ledger wallets are its wireless-charging capability and its lock screen, which you can customise with an NFT.
The device is also shaped differently than previous Ledger wallets. It's the shape of about 5 credit cards stacked on top of one another, while all previous Ledger wallets resembled a flash drive.
XDEFI is a blockchain-agnostic wallet that lets you showcase NFTs from more than 15 different blockchains side-by-side. It's this breadth that's made it our top pick if you're looking for a dedicated NFT wallet.
The wallet's streamlined, cross-chain UI makes sending, receiving and trading NFTs and cryptos across blockchains simple and user-friendly.
Once the browser extension is installed, accounts can be set up directly in XDEFI or imported from external wallets. Preconfigured blockchains include ETH, BSC, Arbitrum, Thorchain, Bitcoin and more.
XDEFI also gives you the ability to complete in-wallet swaps and purchase cryptos using any currency through its fiat onramp.
Holders of the wallet's own token, XDEFI, can stake their holdings to earn trading rebates and collect utility NFTs.
Phantom is a desktop and mobile software wallet that has established itself as the most popular choice for the Solana network, as well as NFTs.
It can be used on both iOS and Android devices, as well as browsers like Chrome, Firefox, Brave and Edge. While it is primarily a Solana wallet, it also supports Bitcoin, Ethereum and Polygon, and offers a convenient in-app swap feature that lets you move assets between networks in return for a flat 0.85% fee.
Atomic Wallet supports Bitcoin, Ethereum and thousands of other coins and tokens along with staking on more than 20 coins. Atomic was also named the 'Most Loved' crypto wallet by customers in the Finder Crypto Wallets Customer Satisfaction Awards 2024.
The Finder customer satisfacion awards ask Australians which brands and products they trust and love the most. For the crypto wallets customer satisfaction awards, we surveyed hundreds of Australians to rate their crypto wallet.
| Wallet | Overall satisfaction | Trustworthy/reliable |
|---|---|---|
 | ★★★★★ 4.13/5 | 83% |
 | ★★★★★ 4.01/5 | 89% |
 | ★★★★★ 3.94/5 | 83% |
 | ★★★★★ 3.93/5 | 83% |
 | ★★★★★ 3.79/5 | 91% |
With the notable exception of MetaMask, all of our best crypto wallet selections can also help you safely store your Bitcoin.
The following are some of our other picks for the best Bitcoin wallets in Australia.
| Wallet type | Asset support | |
|---|---|---|
| Electrum Bitcoin Wallet | Hot | Bitcoin only |
| Sparrow Bitcoin Wallet | Hot | Bitcoin only |
| Wasabi Bitcoin Wallet | Hot | Bitcoin only |
| Mycelium Bitcoin Wallet | Hot | Bitcoin only |
| Blockstream Jade | Cold | Bitcoin only* Blockstream Jade technically supports a handful of other assets that exist on Liquid Network – a Bitcoin Layer 2 network. |
| Ledger wallets (Ledger Stax, Ledger Nano X, Ledger Nano S Plus) | Cold | Multi-asset |
| Trezor wallets (Trezor Model T, Trezor Model One) | Cold | Multi-asset |
| SafePal S1 | Cold | Multi-asset |
When deciding which Bitcoin wallet is best for you, you have to first decide whether you'd like to use a hot or cold wallet.
Hot wallets are crypto wallets that remain connected to the internet and are therefore less secure than cold wallets, which can store your assets offline and less suspectible to hacks.
However, hot wallets can be more accessible and easier to use. As a general rule of thumb, you should try and move your holdings to a cold wallet and only use a hot wallet when actively trading or transacting your crypto.
Hot wallets can be used in conjunction with a cold wallet like our pick for the Best Bitcoin wallet, the COLDCARD Mk4.
A cryptocurrency wallet is a software program that allows you to store, send and receive digital currencies.
Because cryptocurrency doesn't exist in any physical form, your wallet doesn't actually hold any of your coins – instead, all transactions are recorded and stored on the blockchain.
Some cryptocurrencies have their own official wallets, while other products allow you to store multiple currencies within the same wallet.
Bear in mind that different digital currencies have different address types and you're usually only able to send coins between like wallet addresses. This means you'll need to send Bitcoin to a Bitcoin wallet address, Ethereum to an Ethereum wallet address and so on.
| Response | |
|---|---|
| No | 42.03% |
| Yes - Coinbase | 18.12% |
| Other | 14.13% |
| Yes - Ledger | 8.33% |
| Yes - MetaMask | 7.97% |
| Yes - Crypto.com | 7.25% |
| Yes - Trust Wallet | 4.35% |
| Yes - Exodus | 3.26% |
| Yes - Trezor | 3.26% |
| Yes - Coinomi | 0.72% |
Instead of holding physical coins, a wallet has a public key and a private key.
As well as storing your public and private keys, crypto wallets interface with the blockchains of various cryptos so that you can check your balance and send and receive funds.
The blockchain of any cryptocurrency contains a public record of all the transactions that have been made since it began. Your wallet address keeps a record of all your transactions and tracks your crypto balance. By following the chain all the way to the present day, a wallet can figure out how many coins you have.
For example, let's say Alice sends Bob 0.001 BTC. Once this transaction has been verified and added to the blockchain, the ledger records that the amount of Bitcoin at Alice's wallet address has decreased by 0.001 and that the amount of Bitcoin at Bob's wallet address has increased by 0.001 BTC.
The amounts sent and received as well as the public wallet addresses are all public information.
Let's take a closer look at the different types of wallets available. Each has its own advantages and disadvantages in terms of security, ease of use, convenience and a range of other factors.
Hardware wallets are considered the most secure type of wallet.
They are special devices, similar to USB drives, that connect to your computer. They store your private keys which are used to manage your cryptocurrency (eg, make transactions).
Because the private keys are stored on this separate device, and not your computer or phone, they are technically stored offline and considered much more secure. This is called "cold storage".
The downside is that you need access to the physical device any time you want to make a transaction, which makes it best for long-term storage or use at home, but not ideal for anyone who wants access to their crypto 24/7 or while on the move.
They also cost you money, typically ranging from AUD $100 - $270. Despite the cost, the security and peace of mind they provide is worthwhile.
Popular hardware wallets include the Trezor and Ledger range of wallets.
Software wallets are apps, browser extensions or websites that store your private keys and are used to manage your cryptocurrency.
They tend to focus on convenience and ease of use. Many now integrate with Web3 software, which means you can use your cryptocurrency with applications made for crypto like games, finance, art and collectibles, NFTs and more.
Software wallets are a good entry point for beginners who don't have enough funds yet to warrant buying a hardware wallet, or want to use Web3 apps regularly.
The downside though is that they're always connected to the internet, which means they are at greater risk of hacks, phishing attempts or malware. Any wallet connected to the internet is called a "hot wallet".
Software wallets can be installed across multiple devices, but you will need to set them up ahead of time. So you will need to access them from your personal phone, laptop or tablet which makes them less accessible than an exchange wallet, but more accessible than a hardware wallet.
Software wallets are typically free.
Exchange wallets refer to keeping your cryptocurrency on the same platform or exchange you bought it on.
When you do this, the platform manages your private keys on your behalf, reducing the complexity involved with properly storing your private keys.
This means you can easily access your crypto with just your account name and password. If you used an exchange website to buy your crypto, then you can also access it anywhere you have access to the internet.
This makes it an extremely convenient way of storing crypto if you need regular access to it round the clock, which is why many traders typically keep their crypto on exchanges, despite the risks.
Leaving your crypto on an exchange is considered the most risky way to store it. This is because exchanges are frequently the targets of attempted hacks, theft and phishing scams.
If you plan to leave your crypto on an exchange, make sure to enable two-factor authentication and other enhanced security measures.
Exchanges are also at risk of mismanagement. Events like the collapse of the FTX Exchange show that exchange operators may engage in business practices that put user funds at risk.
Now that you know all about the different types of wallets available, it's time to find a wallet that's right for you. To do that, you'll need to consider your needs and compare a range of wallets based on several key factors, including the following:
"A wallet should have an intuitive and easy-to-use interface, making it accessible to both beginners and experienced users. The ability to store and manage a variety of cryptocurrencies is crucial, as the crypto market consists of numerous digital assets. A good wallet should provide a reliable backup and recovery system to protect against data loss or theft of the wallet's private keys. Access to transaction history and reporting features is essential for tracking your cryptocurrency holdings and activities."
Interoperability with web3-enabled sites is probably the most important feature after security for crypto wallets today. WalletConnect makes it possible to use a wide range of wallets to interact with web3 sites. Cross-chain compatibility and the ability to do swaps inside the wallet can also make life a lot easier.
Ruadhan O
Creator, Seasonal Tokens
The wallet should be easy to use and navigate. Users should be able to easily send, receive, and store their cryptocurrencies. The wallet should support the cryptocurrencies that users want to use. Multi-signature wallets require multiple signatures to authorize transactions. This makes them more secure than single-signature wallets.Cold storage wallets allow users to store their cryptocurrencies offline. This is the most secure way to store cryptocurrencies, as it protects them from hackers. Some crypto wallets offer additional features, such as staking, lending, and decentralized exchange (DEX) integration.
Mitesh Shah
Founder & CEO, Omnia Markets
Compare cryptocurrency wallets
The first thing to understand is that how you use a cryptocurrency wallet will vary depending on the wallet you've chosen, and the blockchain (or coins) you're using.
While the basic principles are similar, you should make sure to read a guide specific to the wallet you've downloaded before making any transactions.
The first thing you will need once you've got a new wallet is to deposit funds into it.
To receive crypto to your wallet, you need to find the address, which is also called the public key. The address is a long, alphanumeric string of numbers and letters.
Here is an example of a Bitcoin address: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq
And an Ethereum address: 0xb794f5ea0ba39494ce839613fffba74279579268
Your public key is the address you will use to receive cryptocurrency transactions too. It will be displayed somewhere in your wallet.
It works a bit like an email address, meaning that you provide it any time you want to receive funds from yourself or someone else.
Let's take a look at how that works.
You can only send cryptocurrency to an address of the same type. That means you can only send Bitcoin (BTC) to a Bitcoin blockchain address, or Ethereum (ETH) and Ethereum tokens (ERC-20) to an Ethereum address. If you send coins to the wrong type of address, they will be lost forever and you will lose your money.
Once you have the address you want to send funds to, go to the wallet or exchange that you want to send funds from.
For example, if you're moving funds off an exchange like Binance or Coinbase, then you will want to go to the withdrawals tab of the exchange.
You will see a field asking you to put the address you want to send funds too, as well as much crypto to send.
This is where you enter the address you found earlier. The easiest way to do this is by using the copy paste command on your keyboard.
Even when using copy paste, always make sure to check the address was entered correctly.
"Learning to use a crypto wallet is an essential part of your journey, but many people find them difficult to use at first. Go slow, read plenty about how they work and remember that each blockchain is different. Test out transactions with small amounts to prevent big mistakes. If you've got a sizeable investment, consider using a hardware wallet for the best security."
Wallet security is a crucial consideration for any crypto owner, so keep these tips in mind to ensure you keep your funds as safe as possible:
When you use a non-custodial crypto wallet, you reduce the risk of a third-party custodian like a crypto exchange going under and taking your funds with it. However, there are still risks to using both software and hardware crypto wallets.
Software wallets are always connected to the internet, and, for that reason, can more easily be hacked. Also, if the code for a software wallet is closed-source, you are placing trust in the creator of that wallet to not extract your private keys and, therefore, gain access to the digital assets you manage via the wallet.
Hardware wallets are generally more secure than software wallets in that they remain disconnected from the internet when they aren’t in use, while some never have to be connected to the internet. However, if you use a hardware wallet that has native software — like a Ledger or Trezor wallet — there is always the risk that your private keys can be extracted through an issue with the underlying software.
For extra safety, it’s best to create a multisignature — or “multisig” — set up in which you use two or more wallets to sign transactions and protect your crypto.
We polled 40 specialists in the fintech industry to get their opinion on how Bitcoin would perform during 2024, all the way through to 2030.
All prices mentioned in this report are denominated in US dollars.
The average peak price our panellists predict Bitcoin will hit by year-end 2024 is US$87,875, with some predicting it will climb as high as US$200,000. The average lowest price our panellists predict Bitcoin will hit by year-end 2024 is US$35,734, with some predicting it will fall as low as US$20,000.
Our panellists also predict BTC will hit US$122,688 by 2025 and US$366,935 by 2030.
They were more bullish than in our most recent survey from October 2023 and in our survey from this time last year. In neither our October 2023 nor January 2023 surveys did our panelists think BTC's price would crack US$100,000 by 2025 or US$300,000 by 2030.
"Bitcoin's potential to reach $80,000 in 2024 can be attributed to several factors," says Kadan Stadelmann, CTO of Komodo.
"First, major companies and institutional investors are showing growing interest in bitcoin, which is likely to drive demand. Second, the approval of spot ETFs makes price exposure to bitcoin more accessible than it was in previous market cycles. Lastly, and most importantly, the 2024 halving will reduce the newly issued supply from 6.25 BTC per block to 3.125 BTC, creating a scarcity that tends to increase its value."
The majority of our panellists believe it's a good time to buy BTC.
To be exact, 57.5% think Bitcoin is a buy at its current price, while 37.5% believe it's a good time to hold the asset. Only 5% think it's time to sell.
Jason Lau, Chief Innovation Officer at OKX, believes it's time to buy BTC.
"Bitcoin continues on its 15-year trajectory of ever-increasing adoption and accessibility," begins Lau. "With the approval of the ETF, we now have cleared a major hurdle from the SEC and major financial institutions. The increased access for retail investors, coupled with alignment from financial institutions to adopt and promote bitcoin is going to kick off a new wave of inflows over time. While short-term volatility is expected as firms and hot money reposition, the longer-term prospects are bright."
Josh Fraser, cofounder of Origin Protocol, also thinks it's time to buy, as he believes quantitative easing (QE) from The US Federal Reserve is coming.
"In order to see a full-blown bull market, we'll likely need some form of QE," explains Fraser. "It's likely we'll see QE by the end of 2024, although it's likely the ramifications of this won't take full effect until early 2025."
There's no such thing as a one size fits all "best crypto wallet." The right wallet for you will match your needs, so if security is your number 1 concern, you'll probably end up choosing a different wallet to someone who wants fast and easy access to their coins.
The key thing to remember is to do your research and compare a range of wallets first. Start with our range of crypto wallet reviews to get an idea of what's available and the key features you need to consider.
| Wallet | Wallet type | Supported assets | Price (USD) | |
|---|---|---|---|---|
| Ledger Nano S Plus Finder score
★★★★★ | Hardware wallet | 5,500+ | $79 | Go to site |
| Ledger Nano X Finder score
★★★★★ | Hardware wallet | 5,500+ | $149 | Go to site |
| Exodus Not rated yet | Mobile wallet, Desktop wallet, Web3 wallet | 1,000+ | Free download | |
| Trust Wallet Not rated yet | Mobile wallet, Web browser wallet | 10,000,000+ | Free download | |
| Coinbase Wallet Not rated yet | Mobile wallet, Desktop wallet, Web browser wallet | 450,000+ | Free download | |
| COLDCARD Mk4 Not rated yet | Hardware wallet | 1 | $157.94 | |
| Coinomi Not rated yet | Mobile wallet, Desktop wallet | 1,770+ | Free download | |
| Trezor Model T Finder score
★★★★★ | Hardware wallet | 1,000+ | $129 | Go to site |
| MetaMask Not rated yet | Mobile wallet, Web browser wallet | 500,000+ | Free download | |
| Crypto.com DeFi Wallet Not rated yet | Mobile wallet, Desktop wallet, Web browser wallet | 1,000+ | Free download | |
| Ledger Stax Finder score
★★★★★ | Hardware wallet | 5,500+ | $399 | Go to site |
| XDEFI Wallet Not rated yet | Web browser wallet | 10,000+ | Free download |
To evaluate our 2024 picks for the best crypto wallets, we compared 50+ wallets on a range of criteria, including the following:
James Edwards is the global cryptocurrency editor at Finder. He is a regular contributor to Nasdaq and is frequently called upon for market commentary in Australia and abroad.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
The Easy Crypto wallet lets you buy, sell and swap 50+ cryptos from your smartphone.
Learn about the capabilities, benefits and pitfalls of the NGRAVE ZERO hardware wallet.
The SafePal S1 hardware wallet provides added security for the feature-rich SafePal software wallet.
We compared Trezor and Ledger hardware wallets to see which has the most to offer.
Learn about the similarities and differences between Ledger's two crypto hardware wallets.
Learn how the Ledger Stax stands out compared to previous Ledger hardware wallets.
Our round-up of the best non-custodial crypto wallets and why they're so important.
Learn all you need to know about MetaMask – the browser extension digital wallet and a user-friendly bridge to the world of Ethereum decentralised applications.
See how the Ledger Nano X hardware wallet stacks up when it comes to security, features and price tag.
Compare the security, features and capabilities of some of the best crypto hardware wallets on the market.
What Ios online wallet do you recommend to store alto currencies. I have a green address wallet but this only stores bitcoin
Thanks
Hi Damian,
Thank you for your inquiry.
As we are a comparison site and general information service, we may not be able to recommend or suggest a specific cryptocurrency wallet for your alto currencies. Nevertheless, besides the guide we have outlined above about cryptocurrency wallets, you may also find some widely-used cryptocurrency wallets that include online, hardware, and desktop storage which you may like to check. Also, you can learn more about altcoins.
Hope this helps.
Cheers,
May
Hi there, I’m in Australia and I bought some bitcoin through Coinbase with my credit card but cannot sell it as it says Coinbase does not support this feature in Australia. Do I need to get a different crypto wallet to be able to sell it into and can you recommend one? Thanks
Hi Dave,
I used CoinJar. It’s Australian and you can link it to your bank account. Otherwise, use LocalBitcoin and exchange it with an individual.
Hi Dave,
Thanks for your inquiry.
You simply need a cryptocurrency exchange that will help you sell your bitcoin in Australia. Our guide on how to sell Bitcoin has a list of exchange platforms you may compare based on their deposit methods, fiat currencies, and cryptocurrencies they support.
When you are ready, you may then click on the “Go to site” button and you will be redirected to the platform’s website where you can sign up or get in touch with their representatives for further inquiries you may have.
Please verify the nature of any product or service (including its legal status and relevant regulatory requirements and consult the relevant regulators’ websites) and consider your own circumstances before making any decision. Cryptocurrencies are speculative, complex, and involve significant risks:
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service, or offering. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Cheers,
Rench