Managing crypto is all about staying in control. The FTX collapse in late 2022 showed what can happen when funds are left in someone else’s hands. And it’s not just about exchanges. Around 20% of all Bitcoin, worth about $256 billion, is locked forever due to lost private keys.
Non-custodial wallets are the answer, as they let you stay in control of your assets while giving you the tools to keep your private keys safe. No middlemen, no risk of someone else messing things up – just you and your crypto.
But that’s not the end of the story, since, with non-custodial wallets, you can buy, sell, store, send, stake, and receive crypto securely, explore DeFi to earn interest or borrow funds, trade on decentralized exchanges, and even participate in governance or social networks. This means you can swap one cryptocurrency for another directly within the wallet, without needing to leave the app or rely on a third-party platform.
There’s no reason why secure storage and exchange can’t go hand in hand, so here’s a list of five non-custodial wallets with built-in exchange capabilities.
1. NOW Wallet
NOW Wallet is made by ChangeNOW, a well-known crypto exchange with over one million users that’s been around for 7 years already. As a product of ChangeNOW’s years-long crypto and DeFi practices, it embodies the same reliability and expertise users trust.
With ChangeNOW’s instant exchange service built right into NOW Wallet, swapping crypto is convenient and intuitive. First off, NOW Wallet users get to exchange crypto-to-crypto without registration or KYC right in the app – no need for extra platforms. It supports 70 blockchains and 1,500 tokens, from big names like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Monero (XMR) to newer ones like BONK (BONK), Brett (BRETT), and Popcat (POPCAT), which are getting a lot of buzz lately. Additionally, if a token’s missing in NOW Wallet, but it’s on a supported EVM-compatible or Tron blockchain, users can add its contract address manually for secure and convenient token storage.
Plus, thanks to ChangeNOW’s integration with DEX platforms like SushiSwap and PancakeSwap, NOW Wallet users can enjoy fast, transparent swaps with cross-chain options.
Studies show that difficulty managing wallets and understanding transaction mechanisms and fees are two of the biggest challenges for crypto newcomers, but it seems like, with NOW Wallet, these are a thing of the past. With an average exchange time of just five minutes, anyone can start swapping with as little as $2, with no upper limit, and always know the fees upfront.
Thanks to the integration with ChangeNOW, NOW Wallet users can also buy crypto with over 60 fiat currencies using Visa, Mastercard, or bank transfers (note that fiat-to-crypto transactions are subject to KYC, but it’s required by NOW Wallet’s partner services, not the wallet itself). Along with smooth in-app swaps and cross-chain options, NOW Wallet also offers a cashback program with up to 0.2% back on every exchange, plus extra perks like AML checks, unlimited crypto loans and private web pages, all of which are part of the free and paid Pro plans.
With NOW Wallet, users can also stake coins like Tron (TRX), Binance Coin (BNB), Cardano (ADA), and more, while earning up to 6.25% annual returns on NOW tokens. It’s all set for DeFi too, and with WalletConnect letting users dive into decentralized apps in a flash. Not only that, with this one, users can send and receive NFTs, too. If more control over ETH transactions is needed, NOW Wallet offers that, plus it runs smoothly across devices, from mobile apps on Google Play and the App Store to desktop on macOS, Windows, and Linux.
In the cryptocurrency world, customer emails are ignored nearly 1 in 3 times, and the average response time sits at a frustrating 9.5 hours. NOW Wallet offers 24/7 support, so help is always there if anything comes up, which is pretty reassuring. Last but not least, it also has business solutions that are designed to make dealing with crypto, whether it’s for receiving payments or managing assets across teams, a lot smoother.
2. Nash Wallet
Here’s another non-custodial wallet built by the same exchange that powers it: Nash Wallet. This one’s really straightforward, with a simple design that makes managing crypto easy for anyone and eliminates worrying about someone else holding onto it.
The wallet allows for easy swaps between crypto and fiat, thanks to the native Nash Fiat Ramp. For anyone looking to explore decentralized finance, Nash Wallet makes it easy with WalletConnect. DeFi apps across different blockchains are just a connection away, making it super easy to dive into the space with no headache.
When it comes to security, Nash Wallet doesn’t take any shortcuts. It comes with top-tier encryption and hardware wallet-level security, so everything stays locked down tight, giving users peace of mind about their funds. Plus, with Multi-Party Computation (MPC), users can set up granular access policies like blocking certain transactions or whitelisting addresses for extra peace of mind.
However, while Nash Wallet supports over 1500 assets, the number of supported cryptocurrencies is relatively small compared to other wallets, and it lacks staking features. Still, if a bigger token selection or staking for passive income is what you’re after, Nash Wallet could fall a bit short.
3. OKX Wallet
OKX Wallet is a non-custodial wallet that is backed up by the OKX Exchange, so moving funds between the two is super easy. It supports over 100 blockchains, millions of tokens and NFTs, so anyone wanting to explore a huge on-chain ecosystem can easily find something for themselves.
The wallet’s user interface has been revamped recently to make asset management, token swaps, and discovery a lot smoother, with a marketplace that showcases over three million digital collectibles.
For those interested in DeFi, the wallet includes a third-party protocol aggregator, so it’s equally easy to access decentralized apps across various blockchains with it. When it comes to security, OKX Wallet is, according to CertiK, one of the top-ranked crypto wallets. It actually lets anyone review its open-source code and has safety features that flag risky tokens and shady websites, giving a little extra peace of mind.
However, while OKX Wallet offers impressive features, there are a couple of areas that may be a bit of a letdown for some users. The variety of tokens and NFTs supported is awesome, but when there’s so much to pick from, it can feel like a bit too much sometimes. Also, while the wallet is highly secure, there are no options for earning passive income, such as staking, which some users might be looking for.
4. Coin Wallet
With over 24 million wallets created in 190 countries since its launch in 2015, Coin Wallet is a trusted name in secure self-custodial crypto management. No KYC is required, and the system ensures that private keys stay safely on the device, with all data encrypted for maximum protection. It also supports hardware wallets for added security, and the wallet’s regularly audited for security and data integrity.
One of its standout features is how fast transactions are – whether it’s Bitcoin, Ethereum, or any of the other supported assets, transfers happen instantly, with no delays. It supports a bunch of languages, so whether someone speaks Vietnamese, Turkish, Russian, or Italian, they can use the wallet in their own language, which makes it a lot easier to navigate and understand.
With availability on the App Store, Google Play, Linux, Windows, and macOS, it’s designed to be intuitive, syncing easily across devices so managing crypto is quick and convenient whether on mobile or desktop.
However, Coin Wallet doesn’t offer a lot of advanced features that some users might look for. For instance, it lacks deeper DeFi functionality like staking, lending, or borrowing directly within the wallet; neither it seems to support NFTs, which could be a turn-off for collectors. While it’s solid for managing and transferring assets, these types of more advanced features might be a dealbreaker for someone who’s looking for a little bit more.
5. Proton Wallet
Remember how we talked about lost Bitcoin earlier? With Proton Wallet, that’s never going to be a problem. It’s a self-custody wallet, so the only person who has access to your Bitcoin is you.
One of the highlights of Proton Wallet is how it handles Bitcoin transactions. Sending Bitcoin can be a bit nerve-wracking, especially when it comes to making sure the address is right. Proton Wallet helps prevent mistakes by offering its “Bitcoin via Email” feature, so instead of messing with long, complicated addresses, all that’s needed is a quick email verification. Plus, each address is signed with PGP encryption, so transactions stay safe.
Another cool perk is Proton Wallet’s ability to buy Bitcoin in over 150 countries, with a smooth process that’s perfect for smaller amounts. Whether it’s credit cards or bank transfers, exchanging fiat to Bitcoin and vice versa has never been easier.
This one also steps up the privacy game by automatically generating a new Bitcoin address for each incoming transaction, which makes it harder to link transactions together, ensuring privacy is top-notch.
Proton Wallet’s recovery methods are great, but if something happens, there’s a chance getting back into the wallet could take longer or be trickier compared to other options. Also, while it does have 24/7 customer support, for anyone new to self-custody, the learning curve could feel a bit steep at first.
Conclusion
So, that’s a wrap of 5 best non-custodial wallets with exchange capabilities. With Nash Wallet, it’s all about simplicity – easy to use, quick exchanges, and security that actually works. Proton Wallet’s got Bitcoin covered, Coin Wallet nails the multi-chain experience, while OKX Wallet is a great choice for those who need speed and a wide range of supported tokens.
But here’s the thing: none of these wallets, impressive as they are, offer the same all-in-one experience that’s available with NOW Wallet. NOW Wallet goes beyond the basics, offering not just a wide range of tokens and blockchains, but also covers staking, smooth cross-chain swaps, integrated DeFi access, and Pro features just to name a few. All these functionalities make it a standout for anyone wanting more than just the essentials, perfectly blending beginner-friendly things with tools that even the most experienced users can appreciate.
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