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
Investing in crypto carries a high level of risk.
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.
Featured Wallet - eToro Money Wallet
A trusted name in social trading and investment, eToro offers the eToro Money Wallet as a secure and easy-to-use solution for managing and transferring cryptocurrencies. Integrated directly with the eToro investment platform, it allows seamless access to crypto assets alongside stocks, ETFs, and other investment options. Designed with beginners in mind, the wallet combines convenience with trusted security protocols.
- Minimum Deposit: £10
- Convert between 120+ crypto assets
- FCA Registered (as part of eToro UK Ltd)
- Available on iOS and Android
- Ideal for beginners and casual crypto users looking for simplicity and access to eToro’s broader trading ecosystem
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.
Here's the Top 7 Cryptocurrency Wallets in the UK
| 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 Ranked:
- eToro Money Wallet – Best Wallet for Beginners Using the eToro Platform
- Coinbase Wallet – Seamless Integration for Coinbase Users
- MoonPay – Best for Fast and Simple Fiat-to-Crypto Purchases
- Cypherock X1 – Maximum Security Cold Wallet with Unique Features
- Trezor Model T – Top Choice for Advanced Security and Coin Support
- Ledger Nano S Plus – Most Versatile Budget-Friendly Cold Wallet
- Ledger Nano X – Best Cold Wallet for Security and Broad Compatibility
eToro Money Wallet - Best Wallet for Beginners Using the eToro Platform
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 – Seamless Integration for Coinbase Users
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 Fast and Simple Fiat-to-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 – Maximum Security Cold Wallet with Unique Features
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 – Top Choice for Advanced Security and Coin Support
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 – Most Versatile 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 Cold Wallet for Security and Broad Compatibility
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?
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.
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-by-Step Guide)
Sending crypto from your wallet is simple but requires precision. Mistakes like sending to the wrong address are irreversible, so following each step carefully ensures safe transactions.
- Get the Recipient’s Wallet Address
Copy or scan the recipient’s public wallet address. Always double-check — crypto transactions can’t be reversed. - Open Your Wallet and Select ‘Send’
Open your wallet app or device, find the ‘Send’ option, and paste the recipient’s address carefully. - Choose the Cryptocurrency and Amount
Select the correct crypto (e.g., BTC, ETH) and enter the amount you want to send. Some wallets let you preview the fee at this stage. - Review Transaction Details
Double-check the wallet address, amount, and network fees. Accuracy is critical; wrong inputs could permanently lose your funds. - Authenticate and Confirm
Finalize the transaction by entering your PIN, password, or using biometric verification. For hardware wallets, confirm via the device screen. - Wait for Blockchain Confirmation
Once submitted, the transaction will be processed and confirmed on the blockchain. Confirmation times vary by network.
The Investors Centre Top Tip: For large transfers, send a small test transaction first to confirm the address and network are correct.
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 wallet secure means protecting the devices it’s accessed from.
- Install antivirus software and keep it updated.
- Avoid public Wi-Fi for wallet access.
- Enable firewalls and use encrypted connections (VPNs).
- Never download suspicious apps or files on the same device as your wallet.
Your phone or computer is the first line of defence against wallet breaches
Why Should You Backup and Diversify Your Wallets?
Backing up your wallet — especially your recovery phrase — ensures you can restore access if a device is lost or fails. Keep backups offline in secure, separate locations.
Diversifying wallets (using more than one) spreads risk. If one wallet is compromised, your entire portfolio won’t be at risk.
Why Should You Triple Check Every Transaction?
Crypto transactions are irreversible. Always triple-check the wallet address, the cryptocurrency type, and the network fee before confirming.
A single mistake — like pasting the wrong address — can lead to a permanent loss of funds. Accuracy is everything.
Final Thoughts: What Are the Best Crypto Wallets for UK Investors in 2025?
Choosing the right crypto wallet is essential for UK investors who want to protect their assets while maintaining easy access. Based on our analysis, eToro Money Wallet is the best option for beginners, offering simple setup, strong security features, and seamless integration with a trusted trading platform.
For investors prioritizing security and long-term storage, hardware wallets like the Ledger Nano X, Ledger Nano S Plus, or Trezor Model T provide the highest level of protection. They keep your private keys offline and give you full control over your digital assets.
If you’re looking for a fast and straightforward buying experience, MoonPay offers an easy entry point for converting fiat into crypto. Meanwhile, the Coinbase Wallet is perfect for users who value control of their private keys alongside a familiar and secure ecosystem.
Ultimately, the best wallet depends on your needs:
- Active traders might prefer mobile or integrated wallets.
- Long-term holders should opt for cold storage hardware.
- Beginners benefit from easy-to-use wallets with strong regulatory backing.
Whichever option you choose, prioritize security, understand your tax obligations, and always back up your recovery phrase. In crypto, protecting your keys means protecting 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.
References
- Ledger Official Website – Ledger Crypto Wallet – Security for DeFi, NFTs & Web3
- Trezor Knowledge Base – Learn | Trezor Knowledge Base
- Exodus Wallet Support Centre – Knowledge Base
- Best Wallet Documentation – Best Wallet
- Coinbase Wallet Help – Coinbase Help
- MetaMask Official Blog – MetaMask: The Leading Crypto Wallet Platform, Blockchain
- Financial Conduct Authority (FCA) – Cryptoasset Consumer Guidance
- FCA – Crypto Wallet ADVICE
- HMRC – Cryptoassets Manual
- Reddit – r/CryptoCurrency
- GOV.UK – Economic Crime and Corporate Transparency Act 2023
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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.
Our #1 Rated Crypto Wallet
