Best Crypto Wallets In The UK (2026)
Looking for the best crypto wallet in the UK? We’ve compared top hot and cold wallets to help you safely store Bitcoin, Ethereum, and other coins.
- expertise:
- Platform Testing, Cryptocurrency, Retail Investing
- credentials:
- Active investor since 2013 · 11+ years experience
- tested:
- 50+ platforms · 200+ guides authored
- expertise:
- Broker Comparison, ISA Strategy, Portfolio Management
- credentials:
- Active investor since 2013 · 11+ years experience
- tested:
- 40+ brokers with funded accounts
How We Test
Real accounts. Real money. Real trades. No demo accounts or press releases.
What we measure:
- Spreads vs advertised rates
- Execution speed and slippage
- Hidden fees (overnight, withdrawal, conversion)
- Actual withdrawal times
Scoring:
Fees (25%) · Platform (20%) · Assets (15%) · Mobile (15%) · Tools (10%) · Support (10%) · Regulation (5%)
Regulatory checks:
FCA Register verification · FSCS protection
Testing team:
Adam Woodhead (investing since 2013), Thomas Drury (Chartered ACII, 2018), Dom Farnell (investing since 2013) — 50+ platforms with funded accounts
Quarterly reviews · Corrections: info@theinvestorscentre.co.uk
Disclaimer
Not financial advice. Educational content only. We're not FCA authorised. Consult a qualified advisor before investing.
Capital at risk. Investments can fall. Past performance doesn't guarantee future results.
CFD warning. 67-84% of retail accounts lose money trading CFDs. High risk due to leverage.
Contact: info@theinvestorscentre.co.uk
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.
61% of retail CFD accounts lose money when trading CFDs with this provider.
When Investing, Your Capital is at Risk.
Don’t invest unless you’re prepared to lose all the money you invest.
Don’t invest unless you’re prepared to lose all the money you invest.
How do the Best UK Cryptocurrency Wallets Rank?
| # | Wallet | Price | Type | Coins Supported | Best For | Get Started |
|---|---|---|---|---|---|---|
| 1 | eToro Money Wallet | Free | Hot | 120+ | Beginners and everyday trading | Visit |
| 2 | Coinbase Wallet | Free | Hot | 100+ | Seamless integration with Coinbase | Visit |
| 3 | Bitpanda | Free | Hot | 600+ | Wide asset selection & low-fee investing | Visit |
| 4 | MoonPay | Free | Hot | 100+ | Easy fiat-to-crypto purchases | Visit |
| 5 | Trezor Model T | £200–£220 | Cold | 1,500+ | Advanced security and broad coin support | Visit |
| 6 | Ledger Nano S Plus | £70–£90 | Cold | 5,500+ | Budget-friendly cold storage | Visit |
| 7 | Ledger Nano X | £120–£140 | Cold | 5,500+ | High-end mobile security | Visit |
Here's the Top 7 Crypto Wallets in the UK:
1. eToro Money Wallet — Best for Beginners
2. Coinbase Wallet — Best for Self-Custody & Web3
3. Bitpanda — Best for Wide Asset Selection & Low-Fee Investing
4. MoonPay — Best for Instant Crypto Purchases
5. Trezor Model T — Best for Security-Conscious Investors
6. Ledger Nano S Plus — Best Budget-Friendly Cold Wallet
7. Ledger Nano X — Best Mobile-Compatible Cold Wallet
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.
Pros
- 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)
Cons
- Limited control over private keys
- Only available to eToro account holders
- Higher fees compared to independent wallets for some transactions
How Secure Is the Wallet?
eToro Money Wallet offers solid security through advanced encryption, two-factor authentication (2FA), and secure cold storage for most assets held on the eToro platform. While users do not directly control private keys, eToro's FCA regulation and insurance policies add a significant layer of protection for UK users.
Who Is the Wallet Best For?
The eToro Money Wallet is ideal for beginners and casual investors already using the eToro trading platform. It's perfect for users who value ease of use and want integrated access to both crypto and traditional assets like stocks and ETFs, all within one app.
What Cryptocurrencies Does It Support?
The wallet supports over 120 cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). While it doesn't have the broadest selection compared to specialist wallets, it covers the most popular assets that new investors are likely to trade or hold.
How Easy Is the Wallet to Use?
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.
What Is the Cost and Are There Any Fees?
The eToro Money Wallet is free to download and use for eToro account holders. However, crypto transactions incur a 1% trading fee, and GBP deposits carry a 0.5% conversion fee. Withdrawals come with a flat $5 fee, and there's a $10 inactivity fee after 12 months of no use.
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.
Pros
- Self-custodial — full control over private keys
- Beginner-friendly interface
- Integration with Coinbase exchange for easy transfers
- Supports NFTs and dApps
Cons
- Limited support for non-Ethereum-based blockchains
- Transaction fees can be high depending on network congestion
- Fewer advanced features for experienced traders
How Secure Is the Wallet?
Coinbase Wallet offers strong security features, including private key management, biometric authentication, and encrypted storage. Unlike Coinbase Exchange, this wallet is self-custodial — meaning users control their private keys. It's also open-source and has a solid reputation for safeguarding user assets.
Who Is the Wallet Best For?
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.
What Cryptocurrencies Does It Support?
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.
How Easy Is the Wallet to Use?
Coinbase Wallet is extremely user-friendly. The app offers a clean layout, guided onboarding, and intuitive controls, making it easy even for first-time crypto users. Setting up a new wallet or connecting to dApps can be done in just a few taps.
What Is the Cost and Are There Any Fees?
The Coinbase Wallet app is free to download and use. However, users must pay network (gas) fees when making transactions, especially on the Ethereum blockchain. There are no additional wallet management fees, but fees apply when moving assets through the Coinbase exchange.
Bitpanda — Best for Wide Asset Selection & Low-Fee Investing
A user-friendly wallet and broker with 600+ assets, and zero deposit/withdrawal fees. ISO-certified and built for simplicity—ideal for both new and experienced UK investors.
Pros
- Access to 600+ cryptocurrencies, including crypto indices
- ISO 27001 certified
- Zero deposit or withdrawal fees
- Simple, intuitive interface for all experience levels
Cons
- Hot wallet, not suitable for full cold storage
- Not fully non-custodial—Bitpanda holds custody of user assets
- Limited DeFi and Web3 interaction compared to some self-custody wallets
How Secure Is the Wallet?
Bitpanda uses enterprise-grade security, including ISO 27001 certification, cold wallet storage, encryption, and multi-factor authentication. The platform's infrastructure is professionally audited, with strong protocols in place to safeguard user assets.
Who Is the Wallet Best For?
Bitpanda is ideal for UK investors who want broad crypto access with low fees and a platform that's designed for simplicity. It suits both newcomers starting with small amounts and experienced users building diverse portfolios.
What Cryptocurrencies Does It Support?
Bitpanda offers 600+ digital assets, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and a wide range of altcoins. It also provides crypto indices, allowing users to invest in bundles of coins that track different sectors of the market.
How Easy Is the Wallet to Use?
Bitpanda delivers a clean, beginner-friendly interface across desktop and mobile apps. Users can fund accounts with GBP, and manage holdings without technical complexity. The experience is streamlined and efficient.
What Is the Cost and Are There Any Fees?
The wallet is free to use, with no fees on deposits or withdrawals of fiat or crypto. Users can start investing with just £1, and pricing includes a transparent spread on trades. Standard blockchain network fees apply when transferring crypto externally.
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.
Pros
- Extremely fast fiat-to-crypto transactions
- Wide range of supported payment methods
- High-level encryption and compliance standards
- User-friendly for first-time buyers
Cons
- Higher fees compared to exchanges
- No built-in crypto wallet — only transaction facilitation
- Limited advanced trading or wallet management features
How Secure Is the Wallet?
MoonPay uses strong security protocols, including end-to-end encryption and regulatory compliance with KYC and AML standards. While it's not a traditional wallet but a payment gateway, user transactions and personal data are safeguarded with bank-grade security measures.
Who Is the Wallet Best For?
MoonPay is best for users who want a fast, hassle-free way to purchase cryptocurrencies with fiat currency. It's ideal for beginners who need a simple entry point into crypto without managing complex wallet setups or exchanges.
What Cryptocurrencies Does It Support?
MoonPay supports over 100 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other popular altcoins. Its offering is broad enough for most new investors looking to purchase mainstream crypto assets quickly.
How Easy Is the Wallet to Use?
MoonPay is designed for simplicity. Users can buy crypto using debit cards, credit cards, and Apple Pay with minimal setup. The platform's step-by-step interface ensures even beginners can complete a transaction within minutes.
What Is the Cost and Are There Any Fees?
MoonPay typically charges around 4.5% per card transaction, along with network (blockchain) fees. While convenient, the fees are higher than using a dedicated exchange or wallet for crypto purchases, especially for larger transactions.
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.
Pros
- Open-source and auditable security
- Supports 1,800+ cryptocurrencies
- Touchscreen for easier navigation
- Recovery seed backup with Shamir Backup option
Cons
- Higher cost compared to entry-level models
- Bulkier design than other hardware wallets
- Slower transaction signing compared to newer devices
How Secure Is the Wallet?
The Trezor Model T is highly secure, featuring open-source firmware, PIN protection, and passphrase entry. It uses a secure hardware element and ensures that private keys never leave the device. Regular firmware updates and community transparency enhance its security profile.
Who Is the Wallet Best For?
The Trezor Model T is best suited for experienced crypto users and long-term holders who need robust, advanced security. It's perfect for investors managing a wide variety of cryptocurrencies who prioritize open-source transparency and independent key management.
What Cryptocurrencies Does It Support?
Trezor Model T supports over 1,800 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and an extensive list of ERC-20 tokens. Its broad asset support makes it ideal for investors with diverse and complex crypto portfolios.
How Easy Is the Wallet to Use?
The Trezor Model T features a touchscreen, which simplifies setup and operation compared to older button-based models. While it's not as beginner-friendly as some hot wallets, experienced users will find it intuitive and efficient once configured.
What Is the Cost and Are There Any Fees?
The Trezor Model T is priced around £200 to £220. There are no subscription or management fees, but users must pay standard blockchain network fees when sending or receiving crypto. No hidden charges are applied by Trezor itself.
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.
Pros
- Affordable compared to premium models
- Supports 5,500+ cryptocurrencies
- Certified secure element chip
- Compact and portable design
Cons
- No Bluetooth — USB connection only
- Limited storage space for multiple apps
- No battery — requires connection to operate
How Secure Is the Wallet?
The Ledger Nano S Plus provides high-end security using a certified secure element chip (CC EAL5+), PIN code protection, and Ledger's proprietary operating system (BOLOS). It keeps private keys offline, offering strong defence against hacks and unauthorized access.
Who Is the Wallet Best For?
The Ledger Nano S Plus is ideal for cost-conscious investors and beginners seeking a reliable cold storage solution. It's also well-suited for users with diversified portfolios who want broad crypto support without a premium price tag.
What Cryptocurrencies Does It Support?
Ledger Nano S Plus supports over 5,500 cryptocurrencies and tokens, including Bitcoin (BTC), Ethereum (ETH), and thousands of altcoins. It's one of the widest ranges available, making it a versatile choice for serious crypto holders.
How Easy Is the Wallet to Use?
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.
What Is the Cost and Are There Any Fees?
The Ledger Nano S Plus typically costs around £70 to £90. There are no ongoing fees for wallet use. Users only pay standard network fees when transferring crypto — no additional costs are charged by Ledger itself.
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.
Pros
- Affordable compared to premium models
- Supports 5,500+ cryptocurrencies
- Certified secure element chip
- Compact and portable design
Cons
- No Bluetooth — USB connection only
- Limited storage space for multiple apps
- No battery — requires connection to operate
How Secure Is the Wallet?
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.
Who Is the Wallet Best For?
The Ledger Nano X is perfect for serious crypto investors who want security plus flexibility. It's best for users managing large portfolios or those who want wireless access via mobile devices without compromising security.
What Cryptocurrencies Does It Support?
The Nano X supports over 5,500 cryptocurrencies and tokens, including Bitcoin (BTC), Ethereum (ETH), XRP, and a broad selection of altcoins. This makes it one of the most comprehensive wallets for asset diversity.
How Easy Is the Wallet to Use?
Ledger Nano X is very user-friendly despite its advanced security features. The Ledger Live app simplifies managing crypto holdings, and Bluetooth connectivity allows quick access on the go. Initial setup is slightly longer but guided and straightforward.
What Is the Cost and Are There Any Fees?
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.
What Is a Cryptocurrency Wallet and How Does It Work?
A cryptocurrency wallet keeps the keys that let you access and manage your digital assets. It doesn't actually store the coins themselves — just the private and public keys that prove ownership and authorize transactions. With a wallet, you can safely store, send, and receive cryptocurrencies such as Bitcoin and Ethereum.
What Are the Different Types of Cryptocurrency Wallets?
Cryptocurrency wallets come in two main types: hot wallets and cold wallets. Hot wallets stay connected to the internet, offering quick and easy access to your funds, while cold wallets remain offline for stronger protection. The best option depends on whether you value convenience or long-term security.
What Is a Hot Wallet and Who Should Use One?
Hot wallets stay connected to the internet, making them fast and convenient for everyday crypto transactions. They're great for active traders or anyone who moves funds often. The trade-off is security — being online all the time makes them more exposed to hacks than cold wallets.
What Is a Cold Wallet and Why Choose One for Security?
Cold wallets keep your private keys completely offline, providing the strongest level of security for long-term storage. They're ideal for investors who don't need frequent access to their crypto. Because they aren't connected to the internet, cold wallets are highly effective at protecting against hacks and phishing attacks.
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?
Your public key works like a crypto address — it's what you share so others can send you funds. Your private key, on the other hand, is secret and gives full access to your assets. Think of it as a digital signature: anyone who has your private key can control your crypto.
How Do Crypto Wallet Transactions Work?
When you send cryptocurrency, your wallet uses your private key to sign the transaction and verify that you're the owner. The blockchain then records and confirms it, updating the balances. The wallet app makes the process look simple, but behind the scenes, complex cryptography keeps everything secure.
Who Controls the Private Keys in a Crypto Wallet?
With custodial wallets, a third party — such as a crypto exchange — holds your private keys for you. In non-custodial wallets, you keep full control of your keys and, in turn, your assets. The rule is simple: 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 — such as Trezor or MetaMask — make their code publicly available, allowing anyone to review it for transparency and trust. Closed-source wallets, like Ledger, keep their code private but usually undergo independent security audits. Both can be secure options when used correctly and chosen from reputable providers.
How Can You Choose the Right Crypto Wallet in the UK?
Choosing a crypto wallet in the UK depends on balancing security, cost, coin support, and features. Whether you're holding Bitcoin or diversifying into altcoins, picking the right wallet ensures your assets stay safe and accessible — while staying compliant with UK regulations.
Why Is Wallet Security the Most Important Factor?
Security is the backbone of every crypto wallet. Without solid protection — such as two-factor authentication (2FA), proper key management, and cold storage — your funds are exposed to risk. In crypto, security isn't optional; it's the most important factor in protecting your investments.
What Wallet Costs, Fees, and Tax Considerations Should You Know?
Some wallets come with upfront costs, such as hardware devices, while others may charge transaction fees. Hot wallets are usually free to use but can include hidden network charges. In the UK, it's also important to track your crypto activity for HMRC reporting, as selling, swapping, or spending crypto may trigger Capital Gains Tax.
How Many Coins and Tokens Does the Wallet Support?
The range of assets a wallet supports is important, especially if you hold more than just Bitcoin. Choose a wallet that can store a variety of cryptocurrencies and tokens — including ERC-20, BEP-20, and newer blockchains — so you don't have to manage multiple wallets for a diverse portfolio.
What Bonus Features Should You Look For in a Crypto Wallet?
Modern crypto wallets do more than just store your coins. Many now include features like staking, NFT support, mobile app integration, and hardware backups. Some even offer built-in exchanges or access to DeFi platforms — ideal if you want more than simple 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. | Crypto transactions are irreversible — a single typo can mean permanent loss. |
| 2. Open Your Wallet and Select 'Send' | Open your wallet app or hardware device and choose the 'Send' option. | Ensures you're in the correct function before starting the transfer. |
| 3. Choose the Cryptocurrency and Amount | Select the coin (e.g., BTC, ETH) and enter the amount you want to send. | Prevents mistakes like sending the wrong currency or value. |
| 4. Review the Transaction Details | Double-check the wallet address, coin type, amount, and fees. | Helps you catch costly errors before they're confirmed on the blockchain. |
| 5. Authenticate and Confirm | Approve the transaction with your PIN, password, or biometric ID. | Adds an extra layer of security and confirms your intent. |
| 6. Wait for Blockchain Confirmation | Track the transaction until it's verified on the blockchain. | Confirms that your transfer has been successfully completed. |
Top Tip: Send a small test amount before a large transfer. It's an easy way to confirm the address and network are correct without risking your full balance.
How Can You Keep Your Crypto Wallet Secure?
Securing your crypto wallet is essential to protect your investments from hacks, scams, and simple mistakes. Good wallet security isn't a one-time setup — it's an ongoing process that relies on smart habits and strong protective measures.
What Security Features Should You Enable?
Begin by turning on two-factor authentication (2FA), setting a strong PIN, and using biometric access if your device supports it. If your wallet offers multi-signature (multi-sig) authorization, enable it as well. These extra layers of protection make unauthorized access much harder and greatly strengthen your wallet's security.
How Can You Protect the Devices Linked to Your Wallet?
Keeping your crypto wallet safe starts with securing the device you use. Install reliable antivirus software, enable your firewall, and use a VPN when possible. Avoid public Wi-Fi and never download unverified apps or files. Your phone or computer is your first line of defence against potential security breaches.
Why Should You Backup and Diversify Your Wallets?
Backing up your wallet — especially your recovery phrase — is vital in case your device is lost or damaged. Keep these backups offline and stored securely in more than one location. It's also smart to use multiple wallets to spread risk; if one is ever compromised, the rest of your crypto remains safe.
Why Should You Triple Check Every Transaction?
Crypto transactions are irreversible, so accuracy matters. Always triple-check the recipient address, the coin you're sending, and the network fee before you confirm. A single mistake — like a wrong address — can mean permanent loss. Take a moment to double-check before you hit “send.”
Final Question: So, What's the Best Crypto Wallet in the UK for 2026?
The best crypto wallet in the UK really depends on what you need it for. If you're new to crypto, the eToro Money Wallet is a regulated and beginner-friendly option. For those focused on maximum security, hardware wallets like the Ledger Nano X, Nano S Plus, or Trezor Model T keep your coins safely offline and fully under your control.
If convenience and speed are your priorities, wallets such as MoonPay or Coinbase Wallet make it easy to buy, store, and manage your crypto. Whatever you choose, always put security first, back up your recovery phrase, and remember: if you control the keys, you control the crypto.
What's Changed in 2026?
The basics haven't changed — security still comes first. But there's been a clear shift towards better mobile integration and broader coin support across the board. Ledger and Trezor remain the go-to choices for cold storage, while eToro and Coinbase Wallet continue to lead for beginners who want ease of use. Bitpanda has strengthened its UK presence with 600+ assets and zero deposit fees, making it a solid all-rounder. If you're holding long-term, a hardware wallet is still the safest bet. For everyday trading, a reputable hot wallet does the job.