5 Best Crypto Hot Wallets in 2025

A hot wallet is a software-based cryptocurrency wallet connected to the internet, enabling users to store, send, and receive digital assets efficiently. These wallets operate using private keys stored locally, providing quick access for trading, staking, and interacting with decentralized applications (dApps). While hot wallets are convenient, they are more susceptible to cyber threats than hardware-based cold wallets. In 2025, top hot wallets have evolved to include passkey authentication, seamless fiat onramps, and expanded multi-chain support. Below is a breakdown of five of the best hot wallets available this year, presented in alphabetical order and updated with key details for security-conscious and active crypto users.

MetaMask

MetaMask remains the most widely used hot wallet globally, with over 30 million monthly active users. In 2025, it has further matured with the rollout of MetaMask Snaps, a modular extension system that allows third-party developers to add functionality such as support for non-EVM chains, custom alerts, and account automation. The wallet’s compatibility with major Layer 2 networks—including zkSync, Base, and Scroll—makes it a leading choice for users seeking high-performance blockchain interactions. MetaMask’s mobile app includes NFT support, real-time portfolio tracking, and floor price notifications. The wallet supports browser extensions and mobile use across Android and iOS.

Release date: 2016.

Hardware Compatible: Yes.

Key features and highlights: MetaMask is built on open-source code, enabling thorough security auditing. It supports multi-network operations, advanced Snaps modules, and seamless L1–L2 switching. Users retain full control of private keys, which are encrypted and stored locally, and can pair MetaMask with hardware wallets like Ledger or Trezor for enhanced protection.

Exodus

Exodus has cemented its position as a user-friendly, multi-platform wallet. Available on desktop, mobile, and as a browser extension, Exodus introduced Passkeys Wallet in 2025—a seedless, biometric-based wallet SDK now used by major dApps like Magic Eden. Another recent feature, XO Pay, allows U.S. users to buy crypto using debit or credit cards within the app. Exodus continues to support over 260 crypto assets and offers native staking functionality, making it appealing to both long-term holders and active traders. The wallet integrates with Trezor for those seeking hybrid cold/hot wallet solutions.

Release date: 2015.

Hardware Compatible: Yes.

Key features and highlights: Exodus is known for its elegant user interface and broad asset support. The new Passkeys Wallet introduces seedless security, while XO Pay simplifies fiat onramps. Trezor integration, live chat support, and customizable portfolios round out a strong feature set for multi-platform users.

Coinbase Wallet

Coinbase Wallet continues to rank among the most trusted wallets in 2025. It offers passkey-based authentication through Face ID or Touch ID, replacing traditional seed phrases and enhancing user accessibility. A smart wallet framework introduced this year enables users to onboard without seed phrases, making it ideal for beginners. Users can now create multiple sub-wallets (up to 15 across Ethereum and Solana) under a single recovery mechanism. The wallet is fully integrated with Coinbase’s exchange infrastructure, allowing seamless movement of assets and access to NFTs, airdrops, and Web3 platforms. Its strong security framework and fiat on-ramp options make it a practical choice for both novice and experienced users.

Release date: 2018.

Hardware Compatible: Yes.

Key features and highlights: Coinbase Wallet supports Face ID-based passkey login, smart wallets without seed phrases, and deep integration with Coinbase’s trading platform. It is non-custodial, offering full control over digital assets and smooth connectivity with Web3 apps. Its recent support for Solana NFTs and dApps expands its multi-chain functionality.

Trust Wallet

Trust Wallet, the official decentralized wallet of Binance, continues to scale globally, now surpassing 200 million downloads and boasting over 10 million active users. It is available on mobile and as a browser extension, with full support for cross-chain swaps and a built-in Web3 browser. In 2025, Trust Wallet introduced AI-based scam detection, which alerts users to suspicious tokens and smart contracts in real time. It now offers integration with Ledger hardware wallets and supports staking for more than 30 cryptocurrencies. The wallet supports an extensive array of assets—over one million tokens across multiple blockchains—making it ideal for users with diverse portfolios.

Release date: 2017.

Hardware Compatible: Yes.

Key features and highlights: Trust Wallet is non-custodial and supports extensive blockchain interoperability. It features Ledger support, AI-based token safety alerts, and an enhanced in-app dApp browser. Its cross-platform functionality and staking tools make it a robust choice for DeFi users and NFT collectors alike.

Edge Wallet

Edge Wallet is known for its privacy-first design and expanded fiat features. With its Version 4.0 update, the wallet now features a redesigned user interface and embedded ACH bank transfer capabilities through Kado for U.S. users. Edge uses client-side encryption for all data, ensuring that sensitive information never leaves the user’s device. Importantly, users are not required to register or provide personal information, preserving complete anonymity. The wallet supports over 20 native blockchains along with all ERC-20 tokens, and integrates with popular instant swap services like Changelly and Shapeshift for easy crypto conversions.

Release date: 2014.

Hardware Compatible: No.

Key features and highlights: Edge Wallet prioritizes user privacy, requiring no personal data or email for account setup. Its support for ACH onramps, client-side encryption, and real-time token swaps make it a compelling mobile wallet for both privacy enthusiasts and everyday crypto users.

In 2025, hot wallets have undergone significant evolution to balance convenience with stronger security and user-centric innovation. The emergence of passkey authentication, seedless wallet infrastructure, and integrated fiat onramps has reshaped the self-custody experience. Coinbase Wallet excels in smart wallet onboarding, Edge leads in privacy and mobile UX, Exodus brings polished design and fiat accessibility, MetaMask dominates in extensibility and Layer 2 coverage, while Trust Wallet offers unmatched asset diversity and real-time token security.

That said, users are advised to segment their crypto holdings between hot wallets for active use and cold wallets for long-term storage. Always ensure wallet apps are downloaded from verified sources, keep software up to date, and consider pairing with hardware devices when securing large balances. Ultimately, the best hot wallet will depend on your specific trading behavior, blockchain preferences, and security requirements.

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