Are you an active cryptocurrency enthusiast or trader living in the UK, and you are at the point where you are concerned about the safety of your crypto assets? Just as you cannot leave your cash exposed, you need a cryptocurrency wallet in the UK that assures security and convenience.
The truth is that finding the Best crypto wallet in the UK may not be as easy as it sounds because you need to compare several factors to determine what would best serve your goals, interests, and security. Moreover, there are numerous alternative products to choose from, each with different features and benefits, making the process even more complex.
Our comparison guide will assist you in understanding what the best crypto wallet is, describe how they work, and walk you through the process of choosing the best UK Bitcoin wallet, depending on your specific goals and needs.
Comparison of Top Crypto Wallets in the UK WalletTypeBest ForSecurity FeaturesCoin SupportPriceeToro Money WalletSoftware WalletStoring, managing and trading cryptoBiometric Authentication (Face/Touch ID) Multi-Factor Authentication (2FA)100+ AssetsFreeBest WalletSoftware WalletStoring, staking, trading crypto2FA, Biometric Login, Encrypted Keys60+ AssetsFreeExodusSoftware WalletBuying and swapping crypto assetsEncrypted Private Keys, Trezor Integration100,000+ AssetsFreeMetaMaskSoftware WalletDeFi trading, NFT minting, ERC-20 TokensEncryption, Phishing Protection, Live Threat Surveillance100 + AssetsFreeTrust WalletSoftware Wallettoken swaps and stakingbiometric authentication (Face ID or fingerprint)100 + AssetsFreeCoinbaseSoftware WalletStorage, browsing and DeFi ApplicationsTwo-factor authentication (2FA) using methods like security keys or authenticator apps100+ AssetsFreeUpholdSoftware WalletCrypto pair tradingMulti-signature (multi-sig) system, Key Replacement Service250+ AssetsFreeTrezor Safe 5Hardware WalletBest value for securityEAL6+ Secure Element, PIN, Passphrase1,000+ Assets$169.00Ledger Nano XHardware WalletSecure cold storageEAL5+ Secure Chip, PIN, Bluetooth5,500+ Assets$149.00Cypherock X1Hardware WalletBest for backup and recoveryDecentralized Key Storage, NFC Security8,000+ assets$199.00MoonPayHybrid WalletSwapping cryptoTransport Layer Security (TLS) 1.2 or later for data in transit and AES-256 encryption100+ AssetsFreeBest Crypto Software Wallets in the UK 1. eToro Money Wallet
Besides being a leading broker offering various trading options, such as crypto, stocks, forex, and commodities, eToro also provide one of the best crypto wallets in the UK. This Wallet is designed for traders and investors interested in safeguarding, buying, or selling cryptocurrencies. The platform offers the eToro Money Wallet free of charge to facilitate the storage and management of cryptocurrencies.
The eToro Money wallet is a secure, easy-to-use multi-crypto wallet owned by eToroX, available for free downloads on both Android and iOS mobile devices, making it ideal for users who wish to monitor or trade their assets on the go. The Wallet supports various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, XRP, and a wide range of ERC-20 tokens.
eToro designed the Wallet to sync with a user’s account, meaning a user must set up an account on the platform before they can access it. It features an in-built exchange function that facilitates the seamless exchange of tokens with any other asset supported by the platform, along with a recovery feature that enables quick recovery of lost or damaged wallets. As a custodial wallet, eToro retains control over the private keys, meaning users do not manage or store their private keys directly. While the Wallet is available for free download, users should note that they will incur transaction fees, such as those for sending or receiving cryptocurrency on the platform.
eToro Money Wallet prioritizes security, implementing measures such as two-factor authentication and biometric data verification to prevent unauthorized access.
Pros
- Multiple crypto asset support
- Easy-to-use and highly secure Wallet
- Private Key recovery feature
- Available for both iOS and Android mobile apps
- Good reputation across the crypto industry
Cons
- You need to create an eToro account before accessing the free Wallet
- No desktop version is available
2. Best Wallet
Best Wallet is a Bitcoin wallet in the UK. You can choose from the many available options since it is an easy-to-use, non-custodial wallet that is ideal for both beginners and experts. It comes with a suite of user-friendly features that make it stand out in the crowd, besides making the management of digital assets a secure and straightforward exercise.
The Best Wallet embodies an entirely decentralized and secure environment that enables users to create an account without worrying about Know Your Customer (KYC) verification, thereby introducing an additional layer of access and privacy. The Wallet’s robust security system is built on Web3Auth, and according to the developers, plans are in place to incorporate Fireblocks, which means users will no longer have to worry about seed phrases. Instead, a user can recover a lost account fast and securely by logging in using Apple ID, Google,
