Yes, a crypto wallet is free for most hot wallets, i.e., desktop software or mobile app wallets. However, there are some hot wallets with premium features that need to be purchased. Cold wallets, on the other hand, must always be purchased because of the hardware cost.
Table of Contents
List of Free Crypto Wallets
Most popular wallets are free because they earn from third-party commissions. For example, MetaMask earns from referring users to RocketPool, Transaak, Onramp, etc.
Here are popular free crypto wallets that you can install instantly. All these wallets are available on the Google Play Store, Apple App Store, or Google Chrome extensions.
- MetaMask – The most popular crypto wallet available for mobile and Google Chrome.
- Trust Wallet – Mobile and browser wallet with native multi-coin support.
- Phantom Wallet – Multicoin mobile and desktop wallet popular among memecoin users.
- Coinbase Wallet – An exchange-linked wallet for ready to buy and self-custody.
- Guarda Wallet – One of the oldest and most reliable desktop wallets.
- Exodus Wallet – Universal wallet with native support for multiple blockchains.
- Copay Wallet – Open source wallet with support for multi-sig accounts.
- Atomic Wallet – A desktop and mobile wallet for no strings attached to any exchanges or platforms.
- Mycelim Wallet – Popular wallet with advanced features.
- 1 Inch Wallet – Wallet from one of the most popular DEX aggregators with all DeFi features.
For a definitive guide on crypto wallets, visit: Top Crypto Wallets
List of Paid Crypto Wallets
The most popular paid crypto wallets are hardware wallets.
- Ledger – One of the most reliable hardware wallets with solid recovery options when physically damaged.
- Trezor – Small size yet fully powerful hardware wallet, much cheaper than others.
- Tangem
- Safepal – A multichrome touchscreen hardware wallet with a good color display.
- Ellipal – A hardware wallet with a profile similar to a mobile phone for easy carry. It also features a camera for safe QR code-based transaction approval.
Suggested Reading: Can I Withdraw Money From Crypto Wallet?
Frequently Asked Questions
How do I open a crypto account?
You can open a crypto wallet account by simply downloading any wallet from the list above and setting it up. All these take less than 5 minutes. For a detailed guide, visit our wallet page.
Disclaimer: Kooh Crypto is a website only to share information; therefore, any information on this website is purely for educational purposes and does not constitute financial advice. Please consult a financial adviser before acting on any information regarding crypto markets.