Best Crypto Wallets In The UK 2025
Adam Woodhead
Co-Founder
Adam is a passionate investor who created The Investors Centre (TIC) to combine his professional skills with his love for investment. His goal is to offer a platform filled with valuable resources, practical advice, and effective strategies for anyone looking to make their mark in the investment world.
“Investment is about more than just numbers; it’s about strategy, research, and the willingness to adapt. At TIC, we’re here to provide the tools and knowledge you need to succeed on your investment journey.”
Thomas Drury
Co-Founder
Thomas is an experienced financial trader in leverage instruments, crypto and general investing. He has over a decade experience in finance and holds Chartered Status in the financial industry, Thomas’s speciality is trading CFDs, Forex and Day Trading. His crypto portfolio is heavily weighted towards BTC and Eth, but enjoys trading low cap crypto’s with higher volatility. Thomas’s favourite trading strategy is break out Trading.
“Our commitment at The Investors Centre is unwavering. We strive to provide clear, actionable advice that empowers you to achieve financial success. Our vision is a future where anyone can invest confidently and wisely.”
Table of Contents
Disclaimer
How We Test
eToro Money Wallet
TIC Wallet Rating: 4.3/5
61% of retail CFD accounts lose money.
Coinbase Wallet
TIC Wallet Rating: 4.2/5
Investing in crypto carries a high level of risk.
MoonPay
TIC Wallet Rating: 4.1/5
Investing in crypto carries a high level of risk.
Cypherock X1
TIC Wallet Rating: 4.0/5
Investing in crypto carries a high level of risk.
Quick Answer: What’s the Best Crypto Wallet in the UK?
eToro is the best crypto wallet due to its user-friendly interface, strong security features, and integrated trading platform. It supports a wide range of cryptocurrencies, offers seamless transactions, and includes advanced tools for portfolio management, making it ideal for both beginners and experienced investors.
How do the Best UK Cryptocurrency Wallets Rank?
| Rank | Wallet | Price | Type | Coins Supported | Best For |
|---|---|---|---|---|---|
| 1 | eToro Money Wallet | Free | Hot | 120+ | Beginners and everyday trading |
| 2 | Coinbase Wallet | Free | Hot | 100+ | Seamless integration with Coinbase |
| 3 | MoonPay | Free | Hot | 100+ | Easy fiat-to-crypto purchases |
| 4 | Cypherock X1 | £150–£170 | Cold | 1,000+ | Maximum security for large portfolios |
| 5 | Trezor Model T | £200–£220 | Cold | 1,800+ | Advanced security and coin support |
| 6 | Ledger Nano S Plus | £70–£90 | Cold | 5,500+ | Budget-friendly cold storage |
| 7 | Ledger Nano X | £120–£140 | Cold | 5,500+ | High-end mobile security |
Here's the Top 7 Crypto Wallets in the UK:
- eToro Money Wallet – Best for Beginners
A regulated, user-friendly wallet that integrates with eToro’s trading platform, ideal for first-time investors managing crypto alongside stocks and ETFs. - Coinbase Wallet – Best for Self-Custody & Web3
A non-custodial wallet offering full control of private keys, with support for NFTs, dApps, and seamless transfers from the Coinbase exchange. - MoonPay – Best for Instant Crypto Purchases
Perfect for beginners who want to buy crypto fast with a debit card, Apple Pay, or Google Pay—no advanced setup required. - Cypherock X1 – Best for Maximum Cold Storage Security
An ultra-secure hardware wallet with no seed phrase required. Uses encrypted smartcards and NFC for decentralized key storage. - Trezor Model T – Best for Security-Conscious Investors
A trusted open-source hardware wallet with touchscreen navigation, Shamir Backup, and support for 1,800+ cryptocurrencies. - Ledger Nano S Plus – Best Budget-Friendly Cold Wallet
Affordable yet secure, this hardware wallet supports 5,500+ tokens with USB-only access—great for long-term holders. - Ledger Nano X – Best Mobile-Compatible Cold Wallet
Combines top-tier cold storage with Bluetooth and app support, making it ideal for managing large portfolios on the move.
eToro Money Wallet – Best for Beginners
Pros & Cons
- User-friendly design for beginners
- Integrated with the eToro investment platform
- FCA-registered provider for added peace of mind
- Supports multi-asset management (crypto, stocks, ETFs)
- Limited control over private keys
- Only available to eToro account holders
- Higher fees compared to independent wallets for some transactions
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
The eToro Money Wallet is extremely easy to use. Setup takes minutes, and the interface is clean and intuitive. Transfers between the trading platform and wallet are seamless, making it an excellent choice for investors who value simplicity and convenience.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Coinbase Wallet – Best for Self-Custody & Web3
Pros & Cons
- Self-custodial — full control over private keys
- Beginner-friendly interface
- Integration with Coinbase exchange for easy transfers
- Supports NFTs and dApps
- Limited support for non-Ethereum-based blockchains
- Transaction fees can be high depending on network congestion
- Fewer advanced features for experienced traders
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
Coinbase Wallet is best for beginners and intermediate users who want to manage crypto independently but still enjoy seamless integration with the Coinbase exchange. It’s ideal for users prioritizing ease of use and strong security without needing advanced trading features.
Coinbase Wallet supports over 100 cryptocurrencies and tokens, including Bitcoin (BTC), Ethereum (ETH), and ERC-20 assets. It also allows users to interact with decentralized applications (dApps) and access NFTs on Ethereum and other EVM-compatible chains.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
MoonPay – Best for Instant Crypto Purchases
Pros & Cons
- Extremely fast fiat-to-crypto transactions
- Wide range of supported payment methods
- High-level encryption and compliance standards
- User-friendly for first-time buyers
- Higher fees compared to exchanges
- No built-in crypto wallet — only transaction facilitation
- Limited advanced trading or wallet management features
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Cypherock X1 – Best for Maximum Cold Storage Security
Pros & Cons
- Advanced multi-share security system
- No need for manual seed phrase backup
- Supports 1,000+ cryptocurrencies
- Open-source architecture
- Higher cost compared to basic hardware wallets
- Smaller screen may limit ease of use
- Limited interoperability with third-party wallets
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
Cypherock X1 prioritizes security through multi-share cryptographic technology, distributing key fragments across multiple devices. Unlike traditional wallets, it ensures that no single device ever holds the full private key, significantly reducing hacking risks. It also eliminates the need for seed phrase backups.
Cypherock X1 is best for serious crypto holders who prioritize maximum security over convenience. It’s ideal for long-term investors managing large portfolios who want a cutting-edge cold storage solution without traditional seed phrase vulnerabilities.
Cypherock X1 supports over 1,000 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and a wide range of altcoins. This broad compatibility makes it a versatile choice for diversified investors looking to store multiple assets securely offline.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Trezor Model T – Best for Security-Conscious Investors
Pros & Cons
- Open-source and auditable security
- Supports 1,800+ cryptocurrencies
- Touchscreen for easier navigation
- Recovery seed backup with Shamir Backup option
- Higher cost compared to entry-level models
- Bulkier design than other hardware wallets
- Slower transaction signing compared to newer devices
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Ledger Nano S Plus – Best Budget-Friendly Cold Wallet
Pros & Cons
- Affordable compared to premium models
- Supports 5,500+ cryptocurrencies
- Certified secure element chip
- Compact and portable design
- No Bluetooth — USB connection only
- Limited storage space for multiple apps
- No battery — requires connection to operate
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
The Nano S Plus is user-friendly for a hardware wallet. It connects easily via USB-C and integrates with Ledger Live for seamless management of assets. However, managing multiple apps may require some learning for absolute beginners.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Ledger Nano X – Best Mobile-Compatible Cold Wallet
Pros & Cons
- High-level security with secure element chip
- Bluetooth connectivity for mobile access
- Supports 5,500+ assets
- Larger storage capacity for multiple apps
- Higher price point
- Needs regular battery charging
- Bulkier than the Nano S Plus
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How Secure Is the Wallet?
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Who Is the Wallet Best For?
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What Cryptocurrencies Does It Support?
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How Easy Is the Wallet to Use?
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What Is the Cost and Are There Any Fees?
The Ledger Nano X is extremely secure, combining a CC EAL5+ certified secure element chip with Bluetooth encryption for wireless transactions. Private keys stay offline, and the device requires PIN authentication. Ledger’s firmware is regularly updated to patch vulnerabilities.
The Ledger Nano X costs around £120 to £140. There are no recurring wallet fees; users only pay standard network fees when sending crypto. Ledger itself does not charge additional fees for using the wallet or app.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
What Is a Cryptocurrency Wallet and How Does It Work?
What Are the Different Types of Cryptocurrency Wallets?
What Is a Hot Wallet and Who Should Use One?
What Is a Cold Wallet and Why Choose One for Security?
wallet type comparison table
| Type | Pros | Cons | Best For | Online Security Risk | Who Controls Keys |
|---|---|---|---|---|---|
| Hot Wallets | Fast, convenient, free | More hack risk, online | Daily traders, dApps | High | Usually user (non-custodial) |
| Cold Wallets | Very secure, offline | Less convenient to use | Long-term holding | Very low | User (you hold keys) |
| Custodial | Easy recovery, simple UX | You don’t own the keys | Beginners | Medium (exchange managed) | Third-party (exchange) |
| Non-Custodial | Full ownership, private | You must secure seed phrase | Security-conscious | Medium to high (if hot) | You |
| Hardware | Offline hack protection | Costs money, can lose device | Large portfolios | Minimal | You |
| Paper | Totally offline, free | Easy to damage or lose | Cold storage backups | None | You |
What’s the Difference Between a Public Key and a Private Key?
How Do Crypto Wallet Transactions Work?
Who Controls the Private Keys in a Crypto Wallet?
In custodial wallets, a third party (like an exchange) controls your keys. In non-custodial wallets, you control your private keys — and therefore your assets. Ownership of keys is critical: if you don’t control the keys, you don’t truly own the crypto.
What’s the Difference Between Open-Source and Closed-Source Crypto Wallets?
Open-source wallets (like Trezor or MetaMask) let anyone inspect their code, boosting transparency and trust. Closed-source wallets (like Ledger) keep code private but often undergo independent security audits. Both types can be safe if managed properly and chosen from reputable providers.
How Can You Choose the Right Crypto Wallet in the UK?
Why Is Wallet Security the Most Important Factor?
What Wallet Costs, Fees, and Tax Considerations Should You Know?
How Many Coins and Tokens Does the Wallet Support?
What Bonus Features Should You Look For in a Crypto Wallet?
Modern wallets offer features beyond storage. Look for staking options, NFT support, mobile app integration, and hardware backup features. Some wallets even provide in-app exchanges or DeFi access — handy if you want more than just basic coin storage.
How to Send Crypto Using Your Wallet
| Step | What to Do | Why It Matters |
|---|---|---|
| 1. Get the Recipient’s Wallet Address | Copy or scan the public wallet address from a trusted source. | Transactions are irreversible—errors in the address can result in permanent loss. |
| 2. Open Your Wallet and Select ‘Send’ | Launch your wallet app or device and choose the 'Send' option. | Ensures you're in the correct function to initiate a transfer. |
| 3. Choose the Cryptocurrency and Amount | Select the crypto (e.g., BTC, ETH) and enter the amount. | Prevents sending the wrong coin or wrong amount. |
| 4. Review Transaction Details | Double-check the wallet address, coin type, amount, and fees. | Critical to avoid costly, irreversible mistakes. |
| 5. Authenticate and Confirm | Authorize with PIN, password, or biometric; confirm on device if required. | Adds security and confirms your intent before finalizing. |
| 6. Wait for Blockchain Confirmation | Monitor the transaction status until confirmed on the blockchain. | Confirmation ensures the transaction is finalized and successful. |
| Top Tip | Send a small test amount before a large transfer. | Confirms the address and network are correct without risking your full funds. |
How Can You Keep Your Crypto Wallet Secure?
Securing your crypto wallet protects your investments from hackers, scams, and accidents. Wallet security isn’t just about setup — it’s an ongoing process that demands careful habits and the right protective measures.
What Security Features Should You Enable?
Start by enabling two-factor authentication (2FA), strong PIN codes, and biometric access if available. If your wallet supports multi-signature (multi-sig) authorization, use it. These features make unauthorized access far more difficult and significantly improve your wallet’s security.
How Can You Protect the Devices Linked to Your Wallet?
Keeping your crypto wallet secure starts with protecting the device you use. Install antivirus software, avoid public Wi-Fi, enable firewalls, and use a VPN. Never download suspicious apps or files. Your phone or computer is the first line of defence against potential breaches.
Why Should You Backup and Diversify Your Wallets?
Backing up your wallet, especially the recovery phrase, is essential in case your device is lost or damaged. Store backups offline in separate, secure locations. Using multiple wallets also spreads risk—if one is compromised, it won’t jeopardize your entire crypto portfolio.
Why Should You Triple Check Every Transaction?
Crypto transactions can’t be undone, so accuracy is critical. Always triple-check the wallet address, the cryptocurrency type, and the network fee before confirming. One wrong input—like an incorrect address—can result in the permanent loss of your funds. Double-check everything before you send.
Final Thoughts: What Are the Best Crypto Wallets for UK Investors in 2025?
Choosing the right crypto wallet is a crucial step for UK investors looking to balance security with accessibility. Whether you’re new to crypto or managing a growing portfolio, your wallet choice should align with your experience level, trading habits, and risk tolerance.
For beginners, eToro Money Wallet stands out with its simple setup, FCA-registered status, and seamless integration with a trusted trading platform—making it ideal for those starting their crypto journey.
For maximum security and long-term storage, hardware wallets like the Ledger Nano X, Nano S Plus, and Trezor Model T offer robust offline protection and full control of your private keys—perfect for serious investors and long-term holders.
If your priority is quick and easy crypto purchases, MoonPay provides a fast fiat-to-crypto onramp, while Coinbase Wallet is a strong choice for users who want full custody of their assets within a familiar ecosystem.
Ultimately, the best wallet depends on your specific needs:
Active traders may prefer mobile or exchange-integrated wallets.
Long-term holders should choose secure, offline hardware solutions.
Beginners benefit from regulated platforms with user-friendly interfaces.
No matter which wallet you choose, always prioritize security, understand your tax responsibilities, and back up your recovery phrase. In crypto, controlling your keys means controlling your wealth.
Top 5 Wallets
1
eToro
Investing in crypto carries a high level of risk.
2
Coinbase Wallet
Investing in crypto carries a high level of risk.
3
MoonPay
Investing in crypto carries a high level of risk.
4
Cypherock X1
Investing in crypto carries a high level of risk.
5
Trezor
Investing in crypto carries a high level of risk.
FAQs
What’s the safest crypto wallet to use in the UK?
Hardware wallets, such as the Ledger Nano X or Trezor Model T, are the safest options available. They keep your private keys offline, so they’re much less vulnerable to hacks.
Are crypto wallets legal in the UK?
Yes—totally legal. Crypto isn’t illegal in the UK, and using a wallet to store or manage your digital assets is absolutely fine. Just make sure to stay on top of HMRC’s crypto tax rules if you’re investing seriously.
Do I need a crypto wallet to buy Bitcoin in the UK?
Technically, no. If you’re buying through a platform like eToro, they will handle custody on your behalf. But if you want complete control over your coins, then getting a wallet is a smart move.
Can I have more than one crypto wallet?
Absolutely—I do. I use hot wallets, such as Trust Wallet, for daily transactions and cold wallets for long-term holdings. Splitting your assets in this way is a smart strategy, especially when dealing with larger amounts of cryptocurrency.
What happens if I lose my wallet?
If it’s a software wallet, you can usually recover it with a recovery phrase (make sure you back that up somewhere safe). If it’s a hardware wallet, same thing—you can set up a new device using your backup phrase. But if you lose your private keys and your backup? Unfortunately, your funds are gone for good.
What Common Crypto Wallet Scams Should You Watch Out For?
Beware of phishing emails asking for your recovery phrase, fake wallet apps on app stores, and cloned websites pretending to be Ledger or MetaMask. Always double-check URLs, and never share your seed phrase.
