10 Best Crypto Wallets for UK Traders – Compare Bitcoin Wallets
![best crypto wallets uk](https://cryptonews.com/wp-content/uploads/2024/02/1708344846-best-crypto-wallets-uk.jpg)
If you’re active in the crypto trading space in UK, there comes a point when you feel the need for a secure and convenient crypto wallet.
The best crypto wallets in this space not only offer a safe way to store digital assets, but many offer access to alternative products – such as exchange services, staking, and NFT trading.
In this comparison guide, we rank and review the best crypto wallets in the UK right now.
List of The Best Crypto Wallets in the UK
The overall best crypto wallets in the UK for 2024 can be found in the list below:
- Best Wallet – Overall best crypto wallet for UK investors, offering unique multi-chain swaps with a custom DEX.
- Ledger – Cold wallet that lets you connect to a mobile and desktop app to buy crypto with a card, swap, or stake tokens.
- Ellipal – Air-gapped UK crypto wallet with high security that supports 50 blockchains. It is user-friendly with a durable design.
- Trezor – Hardware wallet that offers a browser app and mobile and desktop apps to safely store your coins.
- OKX – Leading UK-regulated crypto wallet and exchange with over 20 million users.
- Binance – Largest crypto exchange that offers secure web and mobile wallets with low trading fees For UK traders.
- Ngrave – Crypto wallet that offers EAL7 security certification and supports over 1,000 cryptos.
- Blockstream Jade – Focuses on Bitcoin and Liquid Network. It offers a full-color screen and air-gapped transactions.
- BitBox – Open-source wallet with a secure chip that supports multiple cryptos. Offers an OLED screen.
- SafePal – Budget-friendly wallet backed by Binance Labs. It has an EAL5+ secure element and supports 10,000+ assets.
1. Best Wallet – Overall Best Crypto Wallet for UK Investors Offering Unique Multi-Chain Token Swaps, DEX, Staking, and NFT Gallery
The standout option in regards to the best crypto wallet for UK investors is Best Wallet, which has only just launched and is now available as a mobile app on Google or Android.
This all-encompassing Web3 app, which is a non-custodial software wallet, aims to be more than just a platform for storing cryptocurrencies – instead, offering a comprehensive solution that simplifies the management of various digital assets and provides crucial data and insights.
![Best Wallet Homepage](https://cimg.co/guide/110306/333506/best-wallet-1.jpg)
This means that users can store their coins, tokens, and NFTs on the Best Wallet mobile app, which has a clear focus on security. Alongside robust cryptographic methods, Best Wallet also boasts two-factor authentication and biometric identification, ensuring users’ digital assets are as safe as possible.
Another strength of Best Wallet is its dedication to cross-chain compatibility. The wallet supports assets on various blockchains, including Ethereum and Binance Smart Chain, and uses trusted third-party app Wert to purchase cryptos with fiat, although Wert decides the fees.
As well as purchasing crypto with fiat, Best Wallet allows users to trade thousands of different tokens with a custom, built-in decentralized exchange.
Best Wallet will also provide unique data and insights into new, trending and upcoming tokens, and provide info on airdrops in the space, as well as offering NFT compatibility and an in-app NFT gallery, although these features are not yet live.
![BEST Token Airdrop](https://cimg.co/guide/110306/333507/best-wallet-6.jpg)
Underpinning all of these features is $BEST – Best Wallet’s native token. $BEST holders who stake their tokens will receive various benefits, including early access to crypto presales, staking rewards and more. Stakers will even benefit from zero gas fees when making transfers, which is ideal for active market participants.
Active participants on social media and active Best Wallet users will receive a $BEST token airdrop in the coming months, with 10% of the overall supply distributed.
Finally, Best Wallet has been designed as a mobile-first application, available on iOS and Android. This ensures that managing digital assets is as easy as possible – however, those who prefer desktop/PC access will also be catered to, with a browser extension in development.
Overall, Best Wallet isn’t just a tool for managing digital assets – it’s a comprehensive platform that promotes interoperability, user security and provides unique data and insights. Stay up-to-date with new information on the Best Wallet Telegram channel and follow Best Wallet on X.
Number of coins | Thousands via DEX |
Type of wallet | Non-custodial software |
Fee for buying Bitcoin | decided via Wert |
Mobile app | Yes |
Pros
- Overall best crypto wallet for the UK market
- Available as an app on iOS and Android
- Non-custodial software wallet with enhanced security
- Built-in DEX3
- Insights on new and trending tokens and airdrops
- Native $BEST token to be airdropped to active users
Cons
- Not all features are live yet
2. Ledger – Leading Hardware Wallet With Mobile App to Swap, Stake or Buy Cryptocurrencies
Ledger is one of the best Bitcoin wallets in the UK for large token holdings. This is a hardware wallet that keeps all crypto assets offline via cold storage. All of your outgoing transactions need to be confirmed by entering a PIN on the Ledger hardware device.
There are three models to choose from – the Ledger Nano S Plus, the Ledger Nano X and the Ledger Stax. All three options support more than 5,500 crypto assets across multiple blockchain networks. The key difference is that the Nano X offers support for Bluetooth compatibility, which is useful if you use the mobile app wallet.
![Ledger Wallet Download](https://cimg.co/guide/110306/334484/ledger-live.jpg)
Ledger comes with a mobile and desktop app, called Ledger Live, which you can use to upgrade your Ledger’s firmware, to buy crypto with cards, swap coins between blockchains or stake your coins.
Number of coins | 5,500+ |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | Yes |
Pros
- Highly secure crypto wallet for large portfolios
- Supports more than 5,500 tokens
- Can buy, stake, swap coins with the Ledger Live app
Cons
- Not suitable for active traders
3. Ellipal – Air-Gapped UK Crypto Wallet With High Security That Supports 50 Blockchains
Ellipal is a promising crypto wallet in the UK renowned for its high security through an air-gapped mechanism that isolates it from online threats.
It lacks traditional connectivity options like USB, Bluetooth, WiFi, NFC, or cellular connections, guarding digital assets from cyber risks. Moreover, The Ellipal Titan is built from sturdy aluminum alloy to resist water, dust, and tampering.
Featuring a user-friendly 4-inch touchscreen interface, the Titan allows easy interaction with a 5-megapixel camera for quick QR code scanning. It also supports almost 50 blockchains and over 10,000 digital assets.
On the other hand, the smaller size of the Titan Mini improves its portability, making it more convenient for users. Both models feature a built-in camera for scanning QR codes, simplifying securely confirming transactions.
The wallet’s compatibility with the Ellipal mobile app improves its functionality, allowing quick transactions, swaps, and NFT transactions on Android and iOS platforms.
Security features include two-factor authentication with PINs, gesture pins, numeric passwords, and an auto-self-destruct mechanism to prevent unauthorized access.
Additionally, firmware updates are conducted offline using a micro SD card to maintain the air-gapped security model. The Ellipal Joy Seed Phrase Generator adds an extra security layer, providing a secure method to generate essential seed phrases. Users can choose between the Titan or the compact Titan Mini for a secure, portable, highly functional crypto wallet in the UK.
Number of coins | 1000+ across 50 blockchains |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | Yes |
Pros
- High security with an air-gapped mechanism
- Resistant to water, dust, and tampering
- User-friendly 4-inch touchscreen interface
- Compatible with the Ellipal mobile app for easy transactions
Cons
- Lacks traditional connectivity options like USB, Bluetooth
4. Trezor – Hardware Wallet for Long-Term Investors
Trezor offers one of the best crypto wallet in the UK for long-term investors. This wallet comes in the shape of a hardware device that offers industry-leading security by storing your seed phrase offline. The only way to send tokens from the wallet is by physically entering a PIN on the Trezor device.
Too many incorrect PIN attempts will launch the timer lock. If the Trezor device is lost or stolen, access to the wallet can be regained remotely by entering the private keys.
While security is top-notch, Trezor won’t be the best crypto wallet for traders who need quick and seamless access to their digital assets.
![Trezor Hardware Wallet Models](https://cimg.co/guide/110306/334486/trezor2.jpg)
Trezor comes equipped with a Trezor Suite app available for mobile, desktop and browser. This allows you to swap, or transact whenever you want. Also, you can make your transactions private with Coinjoin.
Number of coins | 8,000 |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | No |
Pros
- One of the best Bitcoin wallets for long-term investors
- High-level security features
- Trezor Suite app is available on mobile, desktop and browser
Cons
- Not suitable for active traders
- No Bluetooth support
5. OKX – Leading UK-Regulated Crypto Wallet and Exchange
OKX is a global crypto exchange with more than 20 million users around the world and has some of the lowest trading fees in the industry.
To make it easy for traders and investors on OKX to store their tokens securely, the exchange also has its own proprietary crypto wallet. The OKX wallet is available for iOS and Android devices and as a browser extension. It’s completely free to use.
The OKX wallet has a lot of features for traders and investors to like. First, it works with almost all major blockchains and makes it simple to swap tokens between them. So, users don’t have to worry about blockchain compatibility when exploring new projects. The OKX wallet also integrates seamlessly with the OKX exchange, making it easy to exchange one token for another at low rates.
On top of that, the OKX wallet has a built-in NFT marketplace. This is a huge advantage for crypto enthusiasts who are bullish on the NFT market, since they can manage their tokens and NFTs in a single location.
The OKX wallet also has a large and growing library of decentralized apps (dApps). dApps in the OKX marketplace cover DeFi, GameFi, and much more.
However, to comply with new regulations from the Financial Conduct Authority (FCA) – the UK regulator – OKX has recently had to remove dozens of trading pairs for high-risk tokens, reducing its offering to around 40 assets, and changed its marketing policies.
Number of coins | 40+ |
Type of wallet | Custodial web and mobile wallet |
Fee for buying Bitcoin | 0.10% on OKX exchange |
Mobile app | Yes |
Pros
- 20+ million users around the world
- Trade 340+ cryptocurrencies at 0.10% fee
- Available for web, iOS, and Android
- Built-in NFT marketplace
- Fast-growing dApp library for DeFi and GameFi
- Regulated by the UK’s Financial Conduct Authority
Cons
- Not suitable as a non-custodial wallet
- Reduced assets to comply with FCA
6. Binance – Offers A Secure Web and Mobile wallet With Low Fees
Binance is the world’s largest crypto exchange and naturally – it offers a safe way to store digital assets. This provider offers the best crypto wallet for UK traders who wish to actively buy and sell tokens. The platform is home to more than 600 crypto assets across 1,000 markets. Moreover, trading commissions are super-low.
For example, buying and selling crypto on Binance will cost just 0.1% in commission. This amounts to £1 for every £1,000 traded. Binance also supports GBP deposits via debit/credit cards at a reasonable fee of 1.8%. GBP payments are also supported via bank transfers at a flat fee of £1. After buying crypto on Binance, the tokens are stored in the user’s web wallet.
The web wallet is protected by a variety of safeguards, which is inclusive of two-factor authentication. Logging into the Binance wallet from a new device or IP address will trigger an additional security check. Binance has also implemented a safe asset fund for users (SAFU), which is designed to compensate investors in the event the exchange is hacked.
![Binance Crypto Exchange](https://cimg.co/news/88127/221411/screenshot-2022-09-20-at-15-08-22.jpg)
The Binance wallet can also be downloaded as a mobile app for iOS and Android smartphones. This doubles up as a trading interface, so Binance users can buy and sell crypto on the move. Binance also offers DeFi services across some of the best crypto to buy. This includes yield farming, interest accounts, and staking.
Both the Binance web and mobile wallets are custodial, which means that users will not have access to their private keys. Those in the market for the best Bitcoin wallet in the UK for non-custodial storage might therefore consider Trust Wallet.
Number of coins | 600+ |
Type of wallet | Custodial web and mobile wallet |
Fee for buying Bitcoin | 1.8% debit/credit card fee, 0.1% trading commission |
Mobile app | Yes |
Pros
- Trading commission of just 0.1%
- Custodial wallet for web and mobile devices
- Supports more than 600 coins and 1,000 markets
Cons
- The exchange is not regulated by the FCA
- Has previously been hacked
- SAFU might not be enough to cover a large hack
7. Ngrave – Crypto Wallet That Offers EAL7 Security Certification and Supports Over 1,000 Cryptos
Next on our list of the best crypto wallets is the NGRAVE wallet. It offers an EAL7 security certification, aiming to set a new standard in crypto storage. It offers complete air-gapped operation, ensuring total isolation of your digital assets from online threats.
The wallet caters to various users by supporting over 1,000 cryptos, including major ones like Bitcoin, Ethereum, and ERC-20 tokens.
Featuring a premium 4-inch color LCD touchscreen, the NGRAVE wallet offers a user-friendly experience similar to a high-end smartphone. Improved security measures include a built-in camera and fingerprint scanner for multi-layered verification.
The NGRAVE wallet has some limitations, including the lack of support for staking or DeFi applications and connectivity options like Bluetooth and NFC. Additionally, it does not support major blockchains such as Cardano, Cosmos, and Polkadot, which may discourage some users.
The wallet is priced at a premium, with the standalone unit costing approximately $398 and a combo pack available with the NGRAVE Graphene backup solution.
It offers a high level of security, with its Perfect Key generation process and durable stainless steel backup option highlighting its commitment to protecting digital assets against digital and physical threats.
While it may not be suitable for all users, its advanced security features make it an excellent choice for those prioritizing crypto safety.
Number of coins | 1000+ |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | Yes, the NGRAVE Liquid app |
Pros
- EAL7 security certification for high security
- Premium 4-inch color LCD touchscreen
- Built-in camera and fingerprint scanner
- Perfect Key generation process for added security
Cons
- Does not support staking or DeFi applications
8. Blockstream Jade – Wallet That Focuses on Bitcoin and Liquid Network
Blockstream Jade is a promising option for Bitcoin and Liquid Network asset holders looking for one of the best crypto wallets in the UK.
This hardware wallet offers affordability and focused functionality. It features a full-color 1.14-inch screen and integrates with the ‘Blockstream Green’ companion app, offering an easy-to-use interface for asset management and Tor integration for privacy.
A key feature of the Blockstream Jade is its air-gapped transaction capability, which is enabled by a QR-code scanning camera to ensure highly secure transactions.
To improve security and prevent theft, the wallet uses server-enforced PIN protection and allows the creation of multiple wallets, including decoy “spoof” wallets.
However, its exclusive support for Bitcoin and Liquid Network assets may limit its appeal to those with diverse portfolios. Furthermore, its dependence on a remote secure element and compatibility solely with Android devices might be disadvantages for certain users.
Despite these limitations, the Blockstream Jade wallet stands out with its budget-friendly price and innovative security features like Multisig Shield technology and a hardware-based secure element.
The ability to create multiple wallets for added security makes it a popular choice for users focusing on security, privacy, and affordability.
Number of coins | Limited (Bitcoin & Liquid Network assets) |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | Yes |
Pros
- Full-color 1.14-inch screen with easy-to-use interface
- Air-gapped transaction capability for security
- Allows creation of multiple wallets including decoy wallets
- Budget-friendly price with innovative security features
Cons
- Exclusive support for Bitcoin and Liquid Network assets
9. BitBox – Open-Source Wallet With a Secure Chip That Supports Multiple Cryptos
The next option on our best crypto wallets in the UK list is BitBox. BitBox02 is a popular hardware wallet with a $120 price tag with high security features.
Its modern design includes touch sliders, an OLED screen for a smooth user experience, and a USB-C connector for easy connectivity to various devices.
The wallet uses a secure chip (ATECC608A) for cryptographic functions. Its open-source framework promotes community development and ensures security through external audits and a bug bounty program.
BitBox02 supports many cryptos, including Bitcoin, Ethereum, Litecoin, and over 1500 ERC-20 tokens, making it suitable for a diverse user base.
It’s worth noting that the setup process is simplified with the BitBoxApp, which is compatible with multiple operating systems. The microSD card backup is a unique feature for wallet recovery, combining user-friendliness with security. The wallet also offers multi-sig wallets, Tor and full-node connections for privacy, and FIDO U2F for multifaceted security.
With its comprehensive features, the BitBox02 is a secure, versatile, and user-centric hardware wallet for beginners and experienced crypto enthusiasts.
Number of coins | Bitcoin, Ethereum, Litecoin, 1500+ ERC-20 tokens |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | Yes |
Pros
- Modern design with touch sliders and OLED screen
- Secure chip (ATECC608A) for cryptographic functions
- Simplified setup process with BitBoxApp
- Offers multi-sig wallets, Tor, and full-node connections for privacy
Cons
- Some users may find the setup process challenging
10. SafePal – Budget-Friendly Wallet With An EAL5+ Chip
SafePal is another promising crypto wallet in the UK backed by Binance Labs. It is priced at around $50 and is a highly budget-friendly, secure hardware wallet designed for crypto and NFT management.
It has an EAL5+ secure element chip to ensure high security for digital assets through features like a self-destruct mechanism and two-factor authentication. This air-gapped wallet operates offline, significantly minimizing the risk of cyber threats.
With compatibility for over 10,000 digital assets across many blockchains, including Bitcoin, Ethereum, and Tether, the SafePal S1 caters to a diverse user base.
It improves user experience by integrating a built-in decentralized exchange and allowing direct Binance Spot trading within its application. Uniquely designed with a user-friendly interface, the SafePal S1 is particularly appealing to newcomers in the crypto space.
It features a compact, lightweight design with a 1.4” full-color screen, comparable in size to a credit card, making it convenient for on-the-go use. Its inclusion of a camera for scanning QR codes enables secure transaction verification.
While mainly compatible with the SafePal app, it extends its utility to Android, Chrome, and Firefox through app and browser extensions. However, its exclusive dependency on the app may limit flexibility for users seeking broader wallet or exchange integrations.
Despite these limitations, the SafePal S1’s affordability, strong security measures, and compatibility with various assets make it a promising crypto wallet in the UK.
Number of coins | 1000+ tokens & 20 blockchain types |
Type of wallet | Non-custodial hardware wallet |
Fee for buying Bitcoin | Determined by third-party payment processor |
Mobile app | Yes |
Pros
- Budget-friendly, secure hardware wallet backed by Binance Labs
- EAL5+ secure element chip for high-security
- User-friendly interface, ideal for newcomers
- Compact, lightweight design with a 1.4” full-color screen
Cons
- High dependency on the SafePal app for operation
What is a Crypto Wallet?
After buying crypto assets such as Bitcoin and BNB, the tokens need to be stored in a wallet. This ensures that the tokens remain safe at all times. This is not too dissimilar to how traditional money is stored in a regulated bank account.
At a minimum, crypto wallets enable investors to send and receive tokens. This is conducted on a wallet-to-wallet basis via a public address. A non-custodial crypto wallet is protected by private keys, which provide access to the digital assets remotely – often via a 12-word backup phrase.
However, custodial wallets – which are typically offered by crypto exchanges and brokers, do not enable users to access their private keys. Instead, the private keys will be safeguarded by the respective provider.
Why Crypto Investors Need a Crypto Wallet
Crypto investors are advised to obtain a secure wallet with the view of keeping their digital assets safe and away from the wrong hands. Once again, this follows the same concept as depositing traditional money in a bank account for safekeeping and easy access to the funds.
In the case of a crypto wallet, access to the funds is often protected by a range of safeguards. For example, custodial wallet providers will keep the vast majority of client digital assets offline in cold storage. This ensures that the tokens cannot be accessed by a remote hacker.
Other security features include two/three-factor authentication, biometric and facial logins, and IP address whitelisting. Top crypto wallets in the UK will also make the process of sending and receiving funds seamless and convenient.
How do Bitcoin Wallets Work?
The underlying mechanics of Bitcoin and crypto wallets will vary slightly depending on the chosen device type.
Nonetheless, there are a lot of similarities that most crypto wallets possess.
For example:
- Each crypto wallet will have its own public address. This is similar to an account number and sort code associated with UK banks.
- As such, investors can receive funds by supplying the public address for their crypto wallet.
- Similarly, when sending funds out of the wallet to another person, the public address will need to be entered
- Once the transaction is confirmed, the person sending the funds will pay a blockchain fee, which can vary depending on the network and broader market conditions
Here’s an example of what a Bitcoin wallet address looks like:
3FZbgi29cpjq2GjdwV8eyHuJJnkLtktZc5
Although it is safe to give a crypto wallet address to other people, it is important to remember that digital assets operate on the blockchain ledger.
This means that by knowing somebody else’s public address, it is possible to see how much the wallet is storing, in addition to any previous transactions that have been conducted.
Private Keys
All crypto wallets are backed and secured by private keys. This is similar to a password associated with an online banking account. In other words, those with access to the private key can log into the wallet and authorize transactions.
Therefore, it is crucial that wallet private keys are never shared with anyone. With that said, whether or not the user has access to the private keys will depend on the wallet type.
For example:
- Custodial wallets are controlled by third parties, such as crypto exchanges. This means that the user will not have access to the wallet’s private keys. However, if the user forgets their password, they can ask the third party for help regaining access to the wallet.
- Non-custodial wallets, such as Best Wallet, provide users will full control over their digital assets and private keys. No third party can access the wallet without knowing the private keys. However, if the non-custodial wallet device is lost and the user cannot access their private keys, the digital assets will be unrecoverable.
Types of Cryptocurrency Wallets
Choosing the best crypto wallet in the UK is often a decision that needs to focus on the type of storage option.
Below, we cover the main types of crypto wallets available to UK investors.
Software Wallets
Software wallets enable investors to access their crypto funds remotely. This is typically a choice between a mobile app, desktop software, a browser extension, or a centralized web wallet.
Either way, software wallets make it a convenient process when it comes to sending and receiving funds.
Moreover, some software providers support multiple device types that each connect to one another.
Hardware Wallets
Hardware wallets come in the form of physical devices. Leaders in this space include Trezor and Ledger Nano – both of which we reviewed earlier.
Hardware wallets offer the highest level of security, but transferring funds can be cumbersome.
The reason for this is that the user must enter the wallet PIN on the hardware device itself in order to authorize the transfer.
Paper Wallets
Paper wallets offer a cost-effective way to store crypto assets offline and away from the threats of a remote hacking attempt.
The user will usually print the wallet’s private keys onto a sheet of paper via a QR code. Then, the paper will be stored somewhere safe.
If the user needs to send crypto out of the paper wallet, they can do this remotely from a mobile device by scanning the QR code.
This option, while cost-effective and safe, makes it extremely cumbersome to transfer funds.
How to Choose the Best UK Bitcoin Wallet for You
In this section, we explore some of the most important considerations to make when selecting the best Bitcoin wallet in the UK.
Security
At a minimum, the best Bitcoin wallets in the UK offer solid security features that are tasked with keeping the crypto assets safe.
Examples of top-rated security tools to look for include:
- Two or three-factor authentication
- Fingerprint ID
- Cold storage on custodial wallets
- IP address whitelisting
- Device whitelisting
- Notifications on outgoing transactions
Supported Coins
The best Bitcoin wallets in the UK support multiple blockchain networks. This ensures that investors can keep their entire crypto portfolio in a single wallet.
Fees
The best crypto wallets in the UK are free to use. The only fee that should be payable is when it comes to sending tokens to another wallet address.
There should be no markup on this, meaning that users simply pay the network fee charged by the underlying blockchain.
With that said, fees will also be charged if the wallet provider supports GBP deposits and crypto trading services.
User Experience
The chosen crypto wallet should offer a suitable user experience that aligns with the objectives of the trader.
For example, a Bitcoin hardware wallet will likely offer superb security, sending and receiving funds can be cumbersome.
How to Get a Cryptocurrency Wallet in the UK
Overall, we found that Best Wallet offers the best Bitcoin wallet in the UK for investors of all skill sets and trading goals.
Therefore, in this section, we will explain how to get and set up the Best Wallet mobile app in less than five minutes.
Step 1: Download App
Best Wallet is available through a dedicated mobile app on both Android and iOS – visit the Play Store or App Store and download the correct app, which should only take 30 seconds to complete.
A desktop browser extension is also in development and will be launched in the coming months.
![Best Wallet Crypto Application](https://cimg.co/guide/110306/333554/best-wallet-app-cn.jpg)
Step 2: Create Account and Choose Security Settings
After downloading the app it is time to create an account, this can simply be done with an email address.
Then it is time to add security settings to your account. The minimum requirement is a four-digit passcode, which will need to be repeated and confirmed.
There is the option to add one of or both two-factor authentication and fingerprint ID, although it is not a requirement.
Step 3: Use Wallet
At this point the user will be redirected to the home dashboard, allowing users to manage their portfolio, purchase certain cryptos with fiat or trade crypto on the built-in DEX.
Certain features, such as insights on new crypto, will be added at a later date, with active users set to be airdropped $BEST tokens.
![Best Wallet Main Account](https://cimg.co/guide/110306/333514/best-wallet-homescreen.jpg)
Conclusion
This comparison guide has reviewed and ranked the best crypto wallets in the UK right now.
Those looking for the perfect balance between security and convenience, in addition to having access to exchange services, should consider Best Wallet.
This newly launched non-custodial software wallet is available as a mobile app on both Android and iOS and features low trading fees and strong security features such as two-factor authentication and fingerprint ID.
It also has a range of custom and unique features, such as a built-in DEX, insights on new and trending cryptos and NFT functionality with an NFT gallery.
Its native token $BEST – which will be used for governance, staking, and to get exclusive benefits such as reduced fees – is not yet live but is set to be airdropped to regular users of the wallet in the coming months.
Top Crypto Wallets UK FAQs
What is the best crypto wallet for UK traders?
Our review process ranked Best Wallet as the overall best crypto wallet for UK traders. It has enhanced security features and also offers unique insights on new and trending cryptos, as well as having a built-in DEX and an upcoming airdrop for native token $BEST.
Which is the most secure crypto wallet?
The most secure crypto wallets in this marketplace are offered by the likes of Trezor and Ledger. These two providers are considered to offer the best crypto hardware wallets for safety, securing cryptocurrencies offline. However, hardware wallets can be inconvenient when it comes to accessing them and transferring funds, while they also incur a cost to purchase the physical cost.
Are Bitcoin wallets free?
Yes, in the vast majority of cases, online Bitcoin wallets are free to download and maintain. With that said, sending Bitcoin out of the wallet will attract a blockchain mining fee. Moreover, opting for a hardware wallet like Trezor or Ledger Nano will attract a fee, not least because it comes in the form of a physical device.
How do I get a Bitcoin account in the UK?
The easiest, safest, and most cost-effective way to get a verified Bitcoin account in the UK is to opt for a non-custodial software wallet such as Best Wallet, our top overall pick. Not only is it possible to safely and securely purchase BTC on the app, which is available on iOS and Android, but the app also has an in-built DEX – allowing for trades on thousands of tokens – and unique insights on new and trending tokens. It is also hosting an airdrop for its native token $BEST.
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