Skip to content
buybitcoinsmart

Bitcoin wallets that actually protect your coins

A wallet is where your bitcoin lives once you own it, and the question that matters is who can move the coins. In a self-custody wallet that is you, which is the whole point: an exchange balance is a claim on a company, and a wallet balance is not.

The reviews below cover hardware devices, phone apps, desktop software and several wallets that no longer exist. The dead ones stay up on purpose: a wallet being seized, abandoned or quietly switched off is what you need to know before trusting it with money, and a marketplace listing will not tell you.

Last reviewed 2026-08-26.

Every wallet, side by side

Sort by any column. Price is blank for software wallets because a download has no price to publish, and the status column is where a wallet that is gone, or that carries a warning, says so.

Bitcoin wallets compared by type, who holds the keys, whether the wallet is bitcoin-only, current status, and published price where the maker states one.
Review
AquaSoftwareYouNoAvailableFree downloadReview
BitBox02HardwareYouNoAvailableNot statedReview
Bitcoin CoreSoftwareYouYesAvailableFree downloadReview
Blockstream GreenSoftwareYouNoAvailableFree downloadReview
Blockstream JadeHardwareYouYesAvailable$99Review
BlueWalletSoftwareYouYesAvailableFree downloadReview
Cake WalletSoftwareYouNoAvailableFree downloadReview
Coinbase WalletSoftwareYouNoAvailableFree downloadReview
EdgeSoftwareYouNoAvailableFree downloadReview
ElectrumSoftwareYouYesAvailableFree downloadReview
ExodusSoftwareYouNoAvailableFree downloadReview
Foundation PassportHardwareYouYesAvailable$349Review
Guarda WalletSoftwareYouNoAvailableFree downloadReview
Keystone 3 ProHardwareYouNoAvailable$149Review
Ledger FlexHardwareYouNoAvailable$249Review
Ledger Nano S PlusHardwareYouNoAvailable$59Review
Ledger Nano XHardwareYouNoAvailable$79Review
Ledger StaxHardwareYouNoAvailable$399Review
MetaMaskSoftwareYouNoAvailableFree downloadReview
MuunSoftwareYouYesAvailableFree downloadReview
MyceliumSoftwareYouNoAvailableFree downloadReview
OneKeyHardwareYouNoAvailable$99Review
PhoenixSoftwareYouYesAvailableFree downloadReview
SafePal S1HardwareYouNoAvailableNot statedReview
Sparrow WalletSoftwareYouYesAvailableFree downloadReview
Tangem WalletHardwareYouNoAvailable$59.9Review
Trezor Safe 3HardwareYouNoAvailable$59Review
Trezor Safe 5HardwareYouNoAvailable$129Review
Trust WalletSoftwareYouNoAvailableFree downloadReview
ZengoSoftwareYouNoAvailableFree downloadReview
Atomic WalletSoftwareYouNoCautionFree downloadReview
ColdcardHardwareYouYesCaution$189Review
KeepKeyHardwareYouNoCaution$59.95Review
Wallet of SatoshiSoftwareCompany by defaultYesCautionFree downloadReview
Wasabi WalletSoftwareYouYesCautionFree downloadReview
BRDSoftwareYouNoNo longer soldFree downloadReview
Jaxx LibertySoftwareYouNoNo longer soldFree downloadReview
Ledger Nano SHardwareYouNoNo longer soldNot statedReview
Samourai WalletSoftwareYouYesNo longer soldFree downloadReview
Trezor Model OneHardwareYouNoNo longer soldNot statedReview
Trezor Model THardwareYouNoNo longer soldNot statedReview

Hardware wallets

Dedicated devices that keep your keys offline and make you press a button to spend. This is where savings belong.

Phone wallets

Apps for iOS and Android, and nowhere else. Convenient for spending money, and a worse place for savings than a device, because your phone is online and a hardware wallet is not.

Desktop and browser wallets

Anything that runs on a computer, as an installed program or a browser extension. Several also have phone apps, and each page lists what it runs on. Several more are signing tools rather than wallets in their own right, meant to be paired with a hardware device.

No longer sold

Retired, shut down, or seized. Each page says what happened, with dates, and points at something that still works.

Wallets by platform and type

The same reviews filtered to what you can actually run, each ranked by rating with its own comparison table and answers.

Hardware or software: which do you need?

Both, most likely, and for different jobs. A hardware wallet keeps your keys on a device that never goes online and makes you press a button to spend, which is what savings want. A phone or desktop wallet keeps keys on a machine that is online all day, which is convenient for spending and a worse place to leave a balance you would mind losing.

So the usual arrangement is a little in a phone wallet for paying people and the rest behind a device. If you will only have one, the test is the amount: a hardware wallet costs a fixed sum once, and the risk it removes grows with the balance.

What the statuses on this page mean

Active means the wallet is still sold or maintained. No longer sold means you cannot get it, and each of those pages says what happened and names something that works. Caution means something is wrong beyond the product being old, and it does not mean the same thing twice.

KeepKey is the physical case: Kraken Security Labs showed in 2019 that its seed can be read out by anyone holding the device for a quarter of an hour with about 75 dollars of gear, and that no firmware update can close it. The chip is the problem, not neglect. Atomic Wallet is harder: it never publicly confirmed what caused the June 2023 compromise that drained over 100 million dollars from more than 5,500 wallets, and never compensated anyone.

Coldcard is in the same band for a narrower reason: a firmware build error weakened seed generation from March 2021 until Coinkite patched every affected model on 31 July 2026, and updating does not repair a seed already made on it. The device itself was never broken, and a seed made with 50 or more private dice rolls was never at risk. A warning with a remedy, not a verdict.

What to look for when comparing wallets

On a device, screen size matters more than the spec sheet suggests: it is the only part an attacker on your computer cannot lie through, and a screen too small to read comfortably is one people stop checking.

In software, the question is what leaves your machine. Some wallets here hold keys entirely on your device, some keep an encrypted backup on a server they cannot read, some split signing across parties, and one of the best known is fully custodial. Every review says which applies, and whether the recovery phrase is one that other wallets can restore from.

Buying or installing one without getting robbed

Buy a device from the manufacturer or a reseller it lists. Never secondhand, and never from a marketplace listing however well reviewed the seller looks: a tampered device is indistinguishable from a new one until your coins leave. Generate a fresh seed when it arrives. One that arrives with a recovery phrase already written down is a theft in progress.

For software the equivalent mistake is the download. Electrum users have lost more than 22 million dollars since December 2018 to a fake-update scheme that shows a convincing prompt inside the real app, and Mycelium is old enough and copied often enough that its own site warns about impersonators. Type the project's own domain, and treat any wallet asking for a two-factor code at startup as an attack.

Frequently asked questions

Do I need a hardware wallet to own bitcoin?

No. You can hold bitcoin on an exchange or in a phone wallet. A hardware wallet is what removes the counterparty: it keeps the keys offline so no company failure, freeze or hack can move your coins. For savings that is worth the cost; for small trading balances it usually is not.

What is the difference between a custodial and a self-custody wallet?

In a self-custody wallet you hold the keys and nobody moves your coins without you. In a custodial one the company holds them, which is simpler and means you can be frozen, hacked or shut out. Most wallets here are self-custody; the reviews say where that is not true.

What happens to my bitcoin if the maker goes out of business?

Nothing, provided you have your recovery phrase and the wallet follows the common standards. The coins live on the bitcoin network, not in the wallet, and a standard phrase restores into another maker's software. That is the reason to prefer wallets using those standards.

Is a discontinued wallet still safe to use?

It depends which kind. A device no longer sold but still getting security updates is usually fine, and several here are. A wallet whose servers were switched off or seized is unusable, and one nobody patches should be emptied. Each page says which case it is.

New to self-custody? Start with our guide to storing crypto safely before you move any coins. Most of the wallets here are free; the ones that cost money are devices, and they are the last thing you should buy in a hurry.