Best Bitcoin Wallets of June 2025 (Google Ratings)

How to choose the best Bitcoin wallet

When selecting a Bitcoin wallet, consider the following key factors:

1. Security features 

Go for wallets that have multi-factor authentication (MFA), allow you to control your private keys, and offer hardware wallet options. Make sure the wallet provides backup options like seed phrases or recovery tools.

2. User-friendliness

Select a wallet with an easy-to-use interface, especially if you’re a beginner. Look for features like simple navigation and clear instructions. 

3. Blockchain compatibility

Choose wallets that support multiple blockchains so that you can manage various cryptocurrencies (like Bitcoin, Ethereum, and Solana). Ensure the wallet is compatible with the blockchains you use. 

4. Price and reputation

Compare the prices of wallets and read reviews to check user satisfaction and reliability. Google reviews can help you find genuine reviews on Bitcoin wallets.

Types of Bitcoin wallets

Bitcoin wallets come in two main types: hot wallets and cold wallets.

Custodial and non-custodial wallets

Custodial wallets: These are wallets managed by third parties, such as exchanges like Coinbase and Binance. The service provider keeps your private keys, which makes it easier to use, but you have less control. They are simple for beginners but come with significant risks, like hacking or freezing of your account.

Self-custodial wallets: These wallets give you complete control over your private keys. Examples include hardware wallets like Tangem and Trezor or software wallets like Phantom Wallet. These wallets focus on security and give you more independence, but you must carefully manage your private keys.

Learn more about the differences between custodial and non-custodial wallets.

Hot wallets

Hot wallets are always online, making them convenient for daily transactions but also more at risk of hacking. Some examples are:

• Mobile wallets: Apps like Wallet.

• Browser wallets: Add-ons like Exodus.

• Exchange wallets: Built into platforms like Binance and Coinbase.

Pros: User-friendly, quick access.
Cons: Higher chance of cyberattacks.

Cold wallets

Cold wallets keep private keys offline, offering better security. Examples are:

• Hardware wallets: Devices like Tangem Wallet and Trezor.

• Paper wallets: Physical printed copies of private keys.

Pros: Safe from online hacks, and ideal for long-term storage.
Cons: It requires the cost of initially buying the device.

Learn more about cold wallets here.