The whole point of crypto and blockchain is privacy, security, and decentralization. You want your transactions and stored assets to be untraceable, secure, and completely private. That’s why we’ve compiled a list of 5 best anonymous crypto wallets that don’t require KYC. No need to share your name, address, ID document, or even an email.
These wallets are a path to crypto storage and transactions where privacy and security come first. But why should you trust these wallets? What makes them stand out in the crowded crypto space? And more importantly, do they really deliver on their promise of anonymity?
In this article, we’ll analyze some of the best anonymous crypto wallets available on the market in 2024 and go through their main features, including levels of security, privacy, supported cryptocurrencies, prices, and main pros and cons.
Hardware wallets manufactured by Ledger are widely regarded as the safest and most reliable way to store Bitcoin and other crypto assets. As long as the seed phrase storage is handled with care, there’s no way that any malicious actor or software could endanger the safety of your crypto.
Buy a Ledger Hardware Wallet
List of the best anonymous crypto wallets for 2024:
- Ledger Nano X – Ledger’s flagship model for a reason
- Exodus– Prioritizing privacy and ease of use
- Zengo– Mobile wallet with MPC cryptography
- Best Wallet – Mobile wallet that can act as a DEX
- Ellipal Wallet – Highly secure air-gapped hardware wallet
1. Ledger Nano X – Ledger’s flagship model for a reason
No list of best crypto wallets would be complete without the Ledger Nano X. The first hardware wallet on our list, the Ledger Nano X, is Ledger’s flagship model, and for good reason. This compact device, with Bluetooth capabilities and a sleek design, is a reliable cold wallet for your crypto assets.
Being able to hold up to 100 assets simultaneously, it supports over 5000 cryptocurrencies plus NFTs and lets you manage multiple assets with just one device.
It provides connectivity via a USB-C port and is not connected to a smartphone, i.e., SIM card, so it can’t be traced. It doesn’t need installation and also doesn’t require any personal information from you, not even an email. You access it by entering a PIN and a secure element chip.
The Ledger Nano X’s security is its biggest strength, offering multiple layers of protection thanks to its dual-chip architecture and PIN authentication. It keeps your private keys isolated within a certified secure element, protecting you from potential threats. Essentially, it’s as close to impervious to cyber attacks as a wallet can realistically be.
Despite such robust security features, the Ledger Nano X isn’t invincible. It’s vulnerable to physical attacks if lost or stolen, and the need for a Bluetooth connection can be a security concern for some users. It’s also pricey, coming in at $150. Still, it’s hard to overlook the Ledger Nano X, especially if you value security and convenience.
Pros:
- Supports over 5000 cryptocurrencies
- Can hold up to 100 assets simultaneously
- Easy to navigate interface
- Very secure from cyber threats
- Bluetooth capabilities
Cons:
- Vulnerable to physical damage, theft and can be lost
- High price point at $150
- Limited customer support
- Depended on a device for operation
Verdict: The Ledger Nano X is a highly secure, portable hardware wallet that supports an extremely high number of cryptocurrencies and NFTs. Its robust security features make it a top choice for security-conscious users, although its reliance on Bluetooth and physical vulnerability can be a drawback.
2. Exodus – Prioritizing privacy and ease of use
Second on the list is Exodus. It’s a privacy-focused anonymous crypto wallet available on desktop and mobile.
It does not require personal information or KYC to create an account. That’s because Exodus values privacy above anything else. You have full control of your private keys and they are encrypted directly on your device, not on Exodus servers.
Exodus has support for over 300 cryptocurrencies including Bitcoin, Ethereum and many altcoins so you can diversify your investments as much as you wish. Also, some of your assets can be staked to earn interest.
The interface is sleek and easy-to-use, so you won’t have any problems while trading or tracking your assets here! Moreover, there’s an in-built exchange for quick crypto-to-crypto swaps. If you want even more security, connect your Exodus wallet with Trezor.
There are drawbacks, though. One downside of Exodus is that it lacks 2FA (two-factor authentication), a standard security feature found in many other wallets. There’s also a higher level of responsibility on you, meaning if you lose access to your private keys/recovery phrase, your assets won’t be recoverable.
Pros:
- You hold the private keys; they’re not stored on Exodus servers
- Built-in exchange for crypto trading
- 300+ supported cryptocurrencies
- Can be connected to Trezor for extra security
- Staking options
Cons:
- No 2FA
- Assets are not recoverable in case of private keys/recovery phrase loss
Verdict: Exodus is a great choice for those who prioritize privacy and ease of use. But if you don’t want to be in charge of your own keys and recovery phrase, you might want to explore other options.
3. Zengo – Mobile wallet with MPC cryptography
Zengo is a highly secure and user-friendly mobile crypto wallet available for both iOS and Android devices. Though it does require you to input your email, no other personal information or KYC are needed. The wallet offers a unique blend of features designed to improve your overall crypto experience.
Zengo supports over 120 cryptocurrencies across multiple chains and includes an NFT gallery. This enables you to easily manage your digital assets. It also boasts a dApp marketplace for those who value decentralized applications. Should you need help, Zengo’s 24/7 customer support is a click (and a few minutes of waiting time) away.
In terms of security, Zengo utilizes Multiparty Computation (MPC) cryptography and 3FA recovery, ensuring your assets are safeguarded against cyber threats. It’s the only wallet on this list that doesn’t rely on seed phrases, and they claim that of over 1 million customers, none have ever been hacked. This level of security might make it your go-to wallet if you prioritize asset protection.
Unfortunately, it doesn’t offer staking features, which could be a letdown if you’re looking to earn passive income from your holdings. Also, while it can be used as a browser-based application, there’s no downloadable desktop version currently available.
Pros:
- Top-notch security with MPC cryptography
- Doesn’t rely on seed phrases and claims it’s never been hacked
- 24/7 customer support
- dApp marketplace and NFT gallery
- Easy to download, set up and use
Cons:
- Email required
- No downloadable desktop app
- Some of the largest cryptocurrencies aren’t supported, such as Cardano or Solana
Verdict: Zengo has a lot to offer. It boasts excellent security, great customer support, a dApp marketplace and gallery for NFTs. However, if you prioritize using a desktop app, or are a big holder of some of the cryptocurrencies that Zengo doesn’t support, you may be better served looking into alternatives.
4. Best Wallet – Mobile wallet that can act as a DEX
While Zengo offers a robust set of features, you may find Best Wallet more suited to your needs if self-custody and user experience are your priority. This new wallet prides itself on high security and the promise of total control over your assets. You never have to worry about a third party accessing your funds.
The wallet is intuitive to use and very easy to set up. You’ll be able to choose between using a PIN, fingerprint ID and 2FA (or a combination), and we appreciate having all of these available.
At the moment, it supports Ethereum Mainnet, Polygon Mainnet, and BSC Mainnet.
Best Wallet’s unique feature is its use of aliases for wallet addresses, which is a great plus for user experience. It’s set to support NFTs and staking tools in the future, though at the moment, it does not.
Other than providing storage, Best Wallet can also act as a decentralized exchange. You can buy and sell crypto without leaving the app. The fees to buy crypto are on the higher side, though, standing at 5%.
On the downside, despite its strengths, Best Wallet is currently available only for Android and iOS, which limits its accessibility. Its support for tokens is also not as extensive as some other wallets like Zengo or Exodus.
Pros:
- Various security options available, such as PIN, fingerprint scan and 2FA
- You can buy crypto with a credit or debit card inside the app without KYC
- Wallet is very easy and quick to set up
- Great user experience
Cons:
- Email required
- Only available for Android and iOS
- Lack of support for many cryptocurrencies
Verdict: Best Wallet is ideal for those who prioritize security and simplicity in a mobile environment. While it offers robust protection and user-friendly features, it does lack extensive cryptocurrency support and desktop access, which may be an issue for some users.
5. Ellipal Wallet – Highly secure air-gapped hardware wallet
To end this list with another hardware option, we have the Ellipal wallet, which is a high-security no-nonsense wallet for your crypto assets. What makes it even more secure than many other great hardware wallets is that it is air-gapped, i.e., completely isolated from online networks where potential hackers might lurk. You can breathe easy knowing that your investments are safe.
It supports more than 10k assets – a truly absurd number. This allows you to diversify your portfolio without having multiple wallets. It is also quite user friendly as it comes with a large touchscreen which makes scrolling through various assets very easy.
There are 2 main models, Titan (4-inch touchscreen) and Titan Mini (2.4-inch LCD screen). Both have cameras for QR code scanning which simplifies securing transactions even further. The titan wallet is made out of aluminum alloy which makes it resistant but not invincible against external damages like water, dirt or physical tampering.
The wallets can be connected to the Ellipal mobile app available on iOS and Android devices, which could arguably be the best anonymous crypto wallet app.
They also offer a self-destruct feature if tampered with – love this!
But like any product there have to be some cons too right? One major con is the lack of Bluetooth/Wi-Fi connectivity, hence all updates/transactions have to be done manually which can get tedious after a while. Also, being a hardware wallet, it isn’t as easily accessible as mobile or online wallets would be.
The price tag may also seem hefty for most people coming in at $170 for Titan model and $100 for Titan Mini.
Pros:
- Over 10,000 assets supported across 40+ blockchains
- Highly secure against cyber attacks
- Provides protection from physical damage
- Can connect to Ellipal mobile app
Cons:
- Lack of Bluetooth and WiFi connectivity
- Lots of manual work required
- It’s pricey, with $170 and $100 price tags for Titan and Titan Mini respectively
Verdict: If top-tier security is your primary concern, and you don’t mind the manual operation, Ellipal might be the perfect fit for you. It’s about prioritizing what you value most: convenience or security. With Ellipal Wallet, you’re definitely leaning towards the latter.
The bottom line: Choose the wallet that suits your specific needs
With the increasing number of scams, hackers, phishing links and overall danger, being in crypto requires you to put effort into protecting your assets. You can’t really go wrong with any of the wallets on our list, but some might be better suited to you than others.
That depends entirely on your own preferences. If you want a highly secure cold wallet and don’t mind doing lots of work manually, the Ellipal or Ledger Nano X wallets are perfect for you. You can combine them with the best seed phrase storage devices to take the security of your crypto to another level. If you value 24/7 customer support, go with Zengo. Each wallet has its merits, depending on what it’s best at, and all of them require no KYC and offer a unique blend of anonymity and security.
Keep your transactions private and secure, and remember, the power is in your hands.
