In this article, I will discuss the best crypto wallets for staking, highlighting the top options that allow you to earn passive income from your digital assets.
Staking has become a popular way to generate rewards, and choosing the right wallet is crucial for both security and ease of use. Let’s explore the top wallets for staking.
Key Points & Best Crypto Wallets For Staking List
Wallet Name | Type | Supported Cryptos | Security Features | Platform | Backup/Recovery | Notable Features |
---|---|---|---|---|---|---|
Exodus Wallet | Software Wallet | 100+ cryptos | Private keys stored locally | Desktop, Mobile | Backup Phrase | Built-in exchange, User-friendly interface |
Trust Wallet | Software Wallet | 160+ cryptos | Private keys stored locally | Mobile | Backup Phrase | Binance-backed, Staking support |
Ledger Nano X | Hardware Wallet | 5,500+ cryptos | Secure hardware (PIN, passphrase) | Desktop, Mobile | Recovery Seed | Bluetooth support, Multi-currency support |
Trezor Model T | Hardware Wallet | 1,000+ cryptos | Secure hardware (PIN, passphrase) | Desktop, Mobile | Recovery Seed | Touchscreen, Advanced security features |
Atomic Wallet | Software Wallet | 500+ cryptos | Private keys stored locally | Desktop, Mobile | Backup Phrase | Built-in exchange, Staking support |
MetaMask | Software Wallet | Ethereum-based (ETH, ERC-20) | Password & Seed Phrase | Desktop, Mobile | Backup Phrase | DeFi and DApp access, Ethereum and Web3 support |
Guarda Wallet | Software Wallet | 50+ cryptos | Private keys stored locally | Desktop, Mobile, Web | Backup Phrase | Multi-platform, Built-in exchange |
Zengo Wallet | Software Wallet | 70+ cryptos | Biometric & Face recognition | Mobile | Backup Phrase | Keyless security (3FA), Multi-signature support |
Edge Wallet | Software Wallet | 30+ cryptos | Private keys stored locally | Mobile | Backup Phrase | Multi-currency support, Built-in exchange |
Electrum Wallet | Software Wallet | Bitcoin (BTC) | Private keys stored locally | Desktop, Mobile | Backup Phrase | Lightweight, Customizable fees |
Mycelium Wallet | Software Wallet | Bitcoin (BTC), Ethereum (ETH) | Private keys stored locally | Mobile | Backup Phrase | Advanced privacy features, Hardware wallet support |
CoolWallet S | Hardware Wallet | 5,000+ cryptos | Secure hardware (PIN, passphrase) | Mobile | Recovery Seed | Bluetooth, Compact design |
Crypto.com Wallet | Software Wallet | 100+ cryptos | Private keys stored locally | Desktop, Mobile | Backup Phrase | Crypto.com ecosystem, DeFi & staking support |
Aptos Wallet | Software Wallet | Aptos (APT) | Private keys stored locally | Mobile | Backup Phrase | Focused on Aptos blockchain |
Firo Wallet | Software Wallet | Firo (FIRO) | Private keys stored locally | Desktop, Mobile | Backup Phrase | Focused on privacy (ZK-SNARKS) |
MyEtherWallet | Software Wallet | Ethereum-based (ETH, ERC-20) | Password & Seed Phrase | Web, Mobile | Backup Phrase | ETH and token management, Hardware wallet support |
Pillar Wallet | Software Wallet | 30+ cryptos | Private keys stored locally | Mobile | Backup Phrase | DeFi and staking support, In-wallet exchange |
Coinomi Wallet | Software Wallet | 1,770+ cryptos | Private keys stored locally | Desktop, Mobile | Backup Phrase | Multi-currency, Built-in exchange |
Jaxx Liberty Wallet | Software Wallet | 85+ cryptos | Private keys stored locally | Desktop, Mobile | Backup Phrase | Integrated with ShapeShift exchange |
Binance Wallet | Software Wallet | Binance Chain (BNB, BEP-2, BEP-20) | Private keys stored locally | Mobile | Backup Phrase | Binance exchange integration, DEX support |
20 Best Crypto Wallets For Staking
1.Exodus Wallet
If you’re looking for a wallet that is simple to use yet has a lot to offer, then Exodus Wallet is your best pick. What particularly stands out is the wallet’s ability to support a number of currencies including Ethereum, Cardano, and Polkadot.
Additionally, the wallet incorporates an intuitive interface along with cooperative exchange options. Another tremendous feature this wallet has is its ability to provide one with a simple way to stake their tokens and consequently earn passive income as it guarantees the user full private key control.
Pros And Cons Exodus Wallet
Pros:
- Designed in a simple way to accommodate novices.
- Integrates with more than a hundred cryptocurrencies.
- An in-built exchange enables convenient transactions.
- Users are able to handle crypto and staking almost simultaneously.
- Non-custodial wallet that provides private key control.
Cons:
- Security aspects leave much to be desired when compared to hardware wallets.
- There’s absence of two-factor verification for additional security.
- It can be expensive for devices with low specifications to run.
2.Trust Wallet
Trust Wallet is a great staking wallet that supports multiple cryptocurrencies even ethereum, binance coin and cosmos – this means that users can stake cryptocurrencies in the wallet itself, thus allowing them to earn rewards in a safe manner.
Trust Wallet has ease of use as well as high security as it has an intuitive interface and private key control. Moreover, it also offers a staking facility with multiple blockchains which allows users who want to passively increase their holdings more or less without any effort, as there are more opportunities to earn.
Pros And Cons Trust Wallet
Pros:
- A wide range of over 160 cryptocurrencies and tokens are available.
- Direct integration with DEX for easy trading.
- Multiple cryptocurrencies can be staked.
- Easy to use and convenient for all.
- It is non-custodial, allowing the user to maintain full private key control.
Cons:
- Customers may get limited help from support services.
- It can only be accessed through a mobile device; iOS and Android.
- It does not have an internal crypto account restoration option, only the seed phrase is used.
3.Ledger Nano X
In short, if you are looking to stake Tezos, Cosmos or Ethereum 2.0 then buying the Ledger Nano X should be your choice as it comes with a combination of both staking rewards and hardware security. By storing the private keys in offline mode, the Nano X provides great protection from hackers.
With Ledger Live and other supported apps, users are able to stake their funds and applications safely without losing control over them. Security combined with functionality is why people considering staking their crypto safely prefer using Ledger Nano X close to top of the list.
Pros And Cons Ledger Nano X
Pros:
- Bluetooth for a wireless connection to a mobile phone.
- More than 1800 different cryptocurrencies are supported.
- A private key is stored offline, which ensures an exceptionally high level of security.
- Good compatibility with widely used applications such as Ledger Live, MetaMask and many others.
- Small size makes it easy to carry and use.
Cons:
- It costs more than the software wallets.
- Device with Bluetooth requires charging.
- Compared to certain software wallets it has a relatively steep learning curve for the novices.
4.Trezor Model T
Trezor Model T hardware wallet is recognized as the best crypto staking hardware wallet that supports Tezos, Cosmos, and Ethereum 2.0 with excellent security.
The hardware comes with a touchscreen interface and offline key storage which means that the Model T protects its assets even from cyber crimes.
Users can stake from the wallet through Trezor Suite, earning rewards while still retaining control over the assets. With sophisticated security and the ability to stake coins, the Trezor Model T is a great investment for crypto holders.
Pros And Cons Trezor Model T
Pros:
- The Model T incorporates a touchscreen which enhances both usability and security.
- Capacity for storing an array of crypto coins and tokens.
- Well guarded with pin code and passphrase.
- Can work in conjunction with MetaMask and other wallet apps.
- Recovery options are integrated for further assurance of asset safety.
Cons:
- More expensive than other hardware wallets on the market.
- Larger and bulkier compared to other models of Trezor.
- Less mobile support when put up against Ledger Nano X.
5.Atomic Wallet
Atomic Wallet is a well-known platform for staking which is compatible with numerous coins such as Tezos, Cosmos, and Tron. Given its simple interface, it allows you to stake from the wallet and earn passive income with ease. Atomic Wallet does ensure security of your keys as they state that private keys are stored locally on the user’s device.
In addition, it has got an inbuilt exchange and portfolio monitoring and management, thus it serves a wider purpose apart from the staking only. Atomic Wallet has a combination of security and staking features, which would make it a strong choice for rewards earning users.
Pros And Cons Atomic Wallet
Pros:
- Supports a multitude of more than 500 different crypto assets and tokens.
- It allows users to make swaps since an inbuilt exchange feature exists.
- Staking a large number of coins is possible right from the application.
- Being a non-custodial wallet you have custodial control over private keys.
- Also available for use on various devices such as Windows, macOS, Linux, iOS and Android.
Cons:
- No hardware wallet can be used making it more secured.
- During congestion on the network, the software tends to be slow.
- Customer service is sparse compared to other wallet providers with more sizeable deposits.
6.MetaMask
MetaMask is very popular among crypto holders, especially for staking in the Ethereum cosmos. It enables the staking of Ethereum 2.0 as a result of integration with decentralized applications. MetaMask has a secure non-custodial design that guarantees control over your private keys.
Its ease of use in Defi Staking makes it easy to start earning rewards in no time. Being able to interact with multiple Ethereum supported dApps and liquidity pools, it is a great option for users wishing to stake and expand their cryptocurrency investments.
Pros And Cons MetaMask
Pros:
- It has gained great recognition amidst the Ethereum communities and is widely utilized.
- Seamless integration with dApps is possible without having to resource various systems.
- Users are able to directly stake Ethereum 2.0 through the MetaMask wallet.
- Supports a wide breadth of ERC 20 tokens.
- A non-custodial wallet; users have custody of their private keys.
Cons:
- The wallet is exclusivity for Ethereum and Ethereum-based tokens which limits its reach to multi-crypto wallets.
- Poses risks of phishing attacks if users don’t take care.
- There is no internal wallet recovery backup there, its backup is solely on the seed phrases only.
7.Guarda Wallet
Guarda Wallet is an excellent choice for staking since it works with an impressive list of coins such as Tezos, Cosmos, and Tron. The platform has a pretty simple structure, and users are allowed to stake assets right there in the wallet.
Thus, it is possible to earn rewards without much hassle. Secondly, or rather first, it has a non-custodial wallet which means you’ll always have the private keys. Used on all platforms, both mobile and desktop, Guarda Wallet is good for users who want to stake their coins without sacrificing control over their funds.
Pros And Cons Guarda Wallet
Pros:
- Offers high amount of cryptocurrency options and tokens.
- Enables users to stake some of the supported cryptocurrencies from the app.
- Non-custodial wallet which means the users hold the private keys.
- Applications available on desktop and mobile as well as online.
- Exchange feature which enables users to trade their currencies directly.
Cons:
- Customer support is limited by response time.
- Does not include integration of a hardware wallet for security purposes.
- People new to cryptocurrency may find some of the more advanced features difficult to use.
8.Zengo Wallet
Zengo Wallet is a solid option for staking as it supports major USD coins like Ethereum and Tezos. Zengo is specialized in a keyless security model which is enhanced through biometrics and multi-party computation (MPC) that acts as protections for your assets.
Its easy-to-use interface provides an opportunity to the users to earn rewards by staking directly from the app. With such security combined with staking options, Zengo becomes one of the most preferred wallets for anyone looking to grow their crypto without much effort.
Pros And Cons Zengo Wallet
Pros:
- High-level security remotely accessed by biometric technology.
- Multi-party computation (MPC) password-free protection.
- Enables users to stake Ethereum 2.0 and more.
- The mobile app is intuitive and easy to use.
- There is no seed phrase involved in the backup and restore processes.
Cons:
- Support is limited to ethereum-based tokens and coins.
- Currently supports only mobile clients: iOS and Android.
- Some security aspects such as the 3D biometric feature rely on external providers which could be a drawback for some.
9.Edge Wallet
Edge Wallet is a great choice for staking since it supports several assets including Tezos, Dash, and Binance Coin. Edge allows your currencies to be safely stored on your device by providing you with private key control. Users can also earn rewards via the in-app staking feature which is very straightforward and easy to use.
Designed for the mobile devices as well, Edge Wallet makes it easy and secure for users looking to stake their crypto to earn some passive revenue while being in full control of their assets.
Pros And Cons Edge Wallet
Pros:
- Handles many digital currencies including tokens.
- Has great ease of use with the inbuilt exchange for trading.
- The wallet is completely non-custodial which means one has complete control of their private keys.
- Client Side Encryption offers great features that enhance the user’s privacy.
- Works on several platforms, including iOS , Android and desktop.
Cons:
- Limited staking opportunities in comparison to other wallets.
- Some slow response times on customer support.
- Consumers not the biggest fans of mobile design as the software works exclusively on mobile devices.
10.Electrum Wallet
Electrum wallet is not a bad option for people who want to keep their bitcoins securely but this wallet does not natively support staking any coins other than bitcoin.
Though Electrum’s primary emphasis is on btc center stage emphasis this wallet has some of the strongest security features such as storage of private keys as well as offering custom transaction fees.
For someone who is looking to stake coins, there are better electrum based wallets than those which support staking. However, being simple and very secure, its ideal for managing and transacting bitcoins.
Pros And Cons Electrum Wallet
Pros:
- Small size as a file and hence lightweight and speedy to use.
- Amazing security protocols considering the support of multi-signature wallets.
- Select from the available bitcoin transaction costs to make faster or cheaper transactions.
- Open-source, this makes it easy to trust in the bitcoin community.
- Added protection by integrating with hardware wallets Trezor and Ledger.
Cons:
- Has limited application as it mostly only caters to bitcoin and not many other currencies.
- Can be difficult for beginners as it has a steep learning curve.
- Needs to depend on forum communities for assistance, thus customer support is scarce.
11.Mycelium Wallet
Mycelium Wallet is a trusted wallet for Bitcoin users who seek advanced privacy and security features. However, it does not include native staking features for coins such as Ethereum and Tezos. Mycelium in turn aims at allowing secure and private transactions, controlling private keys 100%.
Those who intend to stake will find other wallets with direct staking support features more reasonable. However, Mycelium is a great option for users interested in managing their Bitcoin and other enhanced privacy features.
Pros And Cons Mycelium Wallet
Pros:
- Privacy is well maintained with greater encryption.
- Compatible with hardware wallets Like Ledger and Trezor.
- Offers inbuilt trading services and facilities to make trading seamless.
Cons:
- Limited towards only Bitcoin thus lack of support for some other cryptocurrencies.
- Hard for beginners as the user interface is not really intuitive.
- Desktop version is not available so mobile only availability is a limitation factor.
12.CoolWallet S
CoolWallet S is a hardware wallet that allows staking for Tezos, Cosmos, and Ethereum 2.0. Its hardware design ensures private keys are stored offline, ensuring supreme defense against hacks.
It has a mobile app that connects to the wallet through Bluetooth and incurs rewards that are managed through the app, thereby providing a smooth staking process.
It is small and easy to carry around meaning that there is the assurance that assets are well secured and that everything is perfectly set for staking which is something every user wants.
Pros And Cons CoolWallet S
Pros:
- Convenient travel size; easily fits in one’s pocket.
- Can be accessed from the smartphone via Bluetooth.
- Decentralised system with the storing of private keys in a hardware wallet offline.
- Has a variety of assets including crypto and tokens.
- Extra security; durable and does not bend.
Cons:
- More expensive than other hardware wallets available in the market.
- Cannot support complex multi-sig features.
- Screen is quite small which makes transacting and managing activities more difficult.
13.Crypto.com Wallet
Crypto.com Wallet is an excellent choice for staking while holding a number of cryptocurrencies such as Ethereum, Bitcoin, Polkadot. This wallet allows you to simply stake from the app to earn rewards given its easy to navigate user interface. The wallet provides secure and non-custodial wallets enabling you to manage your private keys.
Moreover, it is also possible to stake assets safely because Crypto.com has its own internal ecosystem which includes an exchange alongside other DeFi services which is best for users looking to rest their assets in a multi-functional crypto platform.
Pros And Cons Crypto.com Wallet
Pros:
- Supports multiple cryptocurrencies and tokens.
- Enables multiple assets to be staked in order to earn rewards.
- Combines with Crypto.com exchange which allows trading conveniently.
- This is a non custodial wallet so you control your private keys.
- Gives good staking rewards with liquidity as well.
Cons:
- Has to depend on Crypto.com app which seems to restrict the wallet’s versatility.
- Does not extend its support to NFT’s or any other crypto assets.
- Because of the high demand times the customer support atleast tends to be slower.
14.Aptos Wallet
Aptos Wallet is a great option for staking on the Aptos blockchain. Users are able to safely stake Aptos (APT) tokens directly from the app and earn rewards.
The app also has an intuitive wallet that is easy to use for asset management and staking. Users are given private key control thus making it secure as it’s a non-custodial product.
For individuals looking to earn passive income while being fully in control of their tokens in the Aptos ecosystem, this is a highly recommended wallet.
Pros And Cons Aptos Wallet
Pros:
- A specialized wallet built for the aptos blockchain and its coins.
- Transactions on the Aptos network are quick, secure, and are charged a minimum fee.
- Wide-ranging interface that enables sufficient management of assets on Aptos.
- It allows the staking of Aptos (APT) tokens directly from the wallet.
- It is non-custodial thus users are the only ones with access to their private keys.
Cons:
- At the moment, only Aptos blockchain is supported, thus the wallet does not cater for multiple assets.
- Currently Available only in the form of Mobile application (IOS and Android).
- Comparatively new thus community and other third party resources are lesser.
15.Firo Wallet
If you wish to stake your privacy-oriented Firo (FIRO) cryptocurrency, Firo Wallet is a good option for doing so especially as it allows for staking directly from the wallet thus allowing you to keep your private keys.
Firo Wallet also contains advanced privacy options such as zk-SNARKs which allows for fast Firo Coin transactions which are also completely untraceable.
Therefore the wallet is user-friendly and has great staking options for investors who wish to earn non-ADA compliant & non-KYC fees while at the same time enabling them to easily scale up their FIRO holdings.
Pros And Cons Firo Wallet
Pros:
- Offers privacy-enhancing technologies such as zk-SNARKs.
- Permits safe staking of Firo (FIRO) tokens.
- Simple and intuitive interface that can be used by grassroots to experts.
- Provides mobile and desktop applications.
Cons:
- Availability of other coins apart from Firo (FIRO) is scarce.
- Focused staking only to the Firo network, hence lack of options to choose from.
16.MyEtherWallet
MyEtherWallet (MEW) is one of the wallets for Ethereum and ERC-20 tokens that is widely in use it allows users to stake Ethereum 2.0 directly from the app. MEW users are able to simply stake their coins and take part in the Ethereum 2.0 network to earn rewards.
MEW is a non custodial wallet which means that users retain ownership of their private keys. It also allows for the use of hardware wallets such as Ledger and Trezor to further secure the wallet it’s a good choice for users who want to stake ETH while having total control of their assets and want to earn more.
Pros And Cons MyEtherWallet
Pros:
- Complete independence from custodial services, while also offering private key non-custodial security.
- Easy connection to Ethereum and ERC-20 tokens
- Allow the staking of Ethereum 2.0 from the MyEtherWallet
Cons:
- Working on Ethereum based assets mainly and has minimal support for other Cryptos.
- Needs other tools for transactions and this can give beginners a hard time.
- Does not have a built-in backup for restoring the wallet, instead has seed phrases only.
17.Pillar Wallet
Pillar Wallet is a flexible wallet that allows staking Ethereum, Tezos, and other cryptocurrencies. The app includes intuitive design interfaces that streamline the process of staking and earning rewards in-app.
It ensures that if the individual is a custodian then they are the only one with control over the private key to be able to use the assets.
The wallet also has DeFi features integrated which is perfect for those who want to manage, stake, and grow around the cryptocurrency market all in one secure platform.
It is primarily focused on ease of use while providing the necessary level of safety for the user’s assets making Pillar Wallet a great choice for staking.
Pros And Cons Pillar Wallet
Pros:
- A wallet that is able to hold multiple currencies like Ethereum, ERC-20 tokens and others.
- Minimalistic in its approach, the interface prioritizes simplicity and ease of use.
- Asset management features with built-in decentralized finance (DeFi) capabilities.
Cons:
- Does not support a wide array of cryptocurrencies as it is specialized in the Ethereum ecosystem.
- Due to network problems and congestion, the process can be quite sluggish.
- The arena of customer support is quite minimalist. Community forums are often depended on.
18.Coinomi Wallet
Coinomi Wallet is a perfect choice. It supports more than 1,700 cryptocurrencies and allows users to stake directly from the app itself. Besides earning rewards, users also have complete control over their private keys. Security is given utmost importance by Coinomi as it provides multi signature and non custodial support.
Since assets can be lost forever and can’t be recovered, this model ensures maximum protection of the assets. Coinomi is also ideal for users aiming for passive income through staking and portfolio investment due to its extensive support of cryptocurrencies.
Pros And Cons Coinomi Wallet
Pros:
- It gives access to over 1,700 coins and tokens.
- It supports staking for several coins such as Tezos and Cosmos.
- There is a built-in exchange that allows for easy swaps of coins.
- It is a non-custodial wallet, thus users manage their private keys.
Cons:
- Multi-signature and other advanced security features are not well supported.
- Navgation features can be complex to those that are new to cryptocurrency.
- Some customers have indicated a delay in support responses.
19.Jaxx Liberty Wallet
The jaxx liberty is a very straightforward crypto wallet application that allows the staking of cryptocurrencies like Ethereum and Dash.
With this multi-currency wallet, you can manage, send and receive different kinds of digital assets. And whatever you have in stake, there are passive earnings to look forward to.
Jaxx Liberty features a convenient interface allowing secure control of the private keys as well as a non-custodial system of managing one’s assets.
It already has ShapeShift integration for simple swaps and, of course, allows for staking your crypto in a safe and easy-to-use wallet.
Pros And Cons Jaxx Liberty Wallet
Pros:
- Available in various cryptocurrencies and supports variety of tokens.
- Has built in ShapeShift exchange whereby users can swap asset instantly.
- It gives the users private keys as it is a non-custodial wallet.
Cons:
- No inbuilt staking features to earn rewards.
- Customer support is limited in comparison to other larger wallet providers.
- Users do not have the option of having a hardware wallet for more security..
20.Binance Wallet
The improved performance and key capabilities of the Binance wallet have contributed to its popularity as one of the most effective wallets. Supporting staking of many altcoins such as Ethereum, BNB and Polkadot, the Binance wallet allows users to seamlessly interact with Binance and earns rewards by staking their assets.
Users can control their private keys and choose from multiple staking options within the app and on the Binance exchange. Users can easily access their assets and seamlessly stake them without worrying about anything as everything is connected to Binance’s platform.
Pros And Cons Binance Wallet
Pros:
- It can hold a lot of crypto, including Binance Coin (BNB).
- Tied up with the Binance exchange for easy exchange and operation.
- Fairly offers staking for the currencies added to the support.
- Easiest of Gateways into the Binance ecosystem, including DeFi.
- This is a non-custodial wallet which means the control of private keys is entirely borne by the user.
Cons:
- The maximum utilization requires the use of the Binance app, hence the wallet is not independent.
- There are some coins that are obscure, which the wallet doesn’t support.
- During busy hours or factors with high demand, their services may be delayed in attendance.
Here Are key Points To Consider When Choosing The Best Crypto Wallets For Staking
Supported Coins: Make sure the wallet covers the cryptocurrencies that you seek to stake for example Ethereum 2.0, Tezos, Cardano or Polkadot.
Security Measures: Use wallets with really good security like hardware wallets (Ledger, Trezor) or non-custodial wallets which will enable you to have sole control of your private keys.
User-Friendly Design: Search for stakable wallets that have a clear and straightforward layout for easier reward claiming and managing, especially for new users.
Incentives and Annual Percentage Yields (APY): Investigate the Annual Percentage Yields (APY) and staking rewards that are provided by different wallets and then move to the next step.
Security Backup: Properly stored backup phrases ensures that one can recover their wallet if it is ever lost or cannot be accessed for any reason.
Device Support: It’s important to check whether the wallet works on windows based computers, apple devices or both.
Staking Charges: There are some wallets who take staking fees or leeches off a share of your rewards! Check the different fees each wallet has to offer.
Staking Options: Only use wallets with staking options such as lock in periods and multi asset staking.
Interoperability with DeFi: Take into account if the wallet supports the use of other DeFi networks which allows for extra staking.
Reputation and Reviews: Investigate the user reviews and the wallet’s reputation within the crypto community for reliability and trust.
Conclusion
In selecting the best crypto wallet for staking you have to take into account the applicable coins, security and usability factors. For example, hardware wallets like Ledger Nano X are less convenient but offer excellent safety.
While software wallets like Trust Wallet and Atomic Wallet are easy to use and allow for staking. The right selection of a wallet will enable you to grow your assets safely and increase the benefits of staking.