Non-custodial wallets put users in control of their funds. The wallet provider has no means of accessing or freezing users funds.
ZenGo is the first keyless non-custodial wallet supporting multiple cryptos
You never risk loosing your private key
Bitwala offers European users a bank account that has a Bitcoin and Ethereum wallet integrated within, as well as the possibility to buy and sell Bitcoin and Ether seamlessly from within the app.
Bank account and crypto wallet in one
Abra empowers users in over 150 countries to invest in traditional stocks, ETFs and cryptocurrencies via a single app.
A borderless brokerage account
Edge is a sophisticated wallet letting you buy, hold, trade and sell a dozen cryptocurrencies.
Supports many popular cryptocurrencies
Bread is a simple, easy to use wallet that is a great option for beginners. It securely allows users to purchase, store and convert their Bitcoin, Bitcoin cash and Ether in a well thought out and designed app.
Beautifully designed app
Non-custodial wallets put users in control of the funds. Although they come in different shapes and forms, the main principle is that users control the private key tied to their account. The wallet provider should have no means of accessing or freezing those funds. Non-custodial wallets merely provide users an interface to interact with funds that are stored on the Blockchain.
Crypto wallets should be easy to use. Look for one with a friendly interface, simple recovery mechanism, and well-designed send flows.
Can you buy cryptocurrency from within the wallet? Can you save addresses as contacts? Make sure to choose a wallet offering the features that are most important to you.
Different wallet providers focus on different things. Bitcoin wallets tend to focus on privacy features while Ethereum wallet providers care about usability and multi-coin wallets about supporting a large range of coins.
The code underlying a non-custodial wallet should be open-source meaning that it can be scrutinized by security experts. This reduces the risk of malicious code entering the app and possibly extracting your private key.
Ethereum wallets are more similar to a digital identity. You need your Ethereum wallet if you want to connect to a vast array of Ethereum-based DeFi or Gaming applications. How you connect to the application looks different from one provider to another but the most common ways are:
- Scanning a QR-code with your mobile wallet via Wallet Connect (e.g Argent)
- Using a browser extension like Metamask or Brave Wallet on desktop
- Traditional Log-In using username and password (e.g Authereum)
- Support SegWit addresses to reduce transaction fees
- Offer hardware wallet integration with Trezor, Ledger, etc…
- Offer easy private key export or seed backup using the BIP39 standard (usability + security)
- Support the HD standard to generate new addresses (privacy)
- Allow connection to your own full-node over Tor (security + privacy)
- Give control over UTXO sets to be used for a transaction (advanced)