The Best Crypto Wallets in Australia for 2025

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Choosing the right crypto wallet is one of the most important decisions you’ll make as a digital asset holder. With security, usability, and functionality at the forefront, selecting a wallet that aligns with your goals can make all the difference. After evaluating over 50 wallets based on security, supported assets, ease of use, cost, and extra features like staking and Web3 integration, we’ve curated a definitive list of the best crypto wallets in Australia for 2025.

Whether you're a beginner just starting out or an experienced user diving into DeFi and NFTs, this guide breaks down the top options to help you store, manage, and grow your crypto with confidence.

Top Crypto Wallets in Australia for 2025

Here are the standout wallets based on extensive testing and user feedback:

🔐 Pro Tip: For maximum security, pair any software wallet with a hardware device. Cold storage significantly reduces exposure to online threats.

👉 Discover how top traders secure their crypto portfolios today.

In-Depth Reviews of the Best Crypto Wallets

Ledger Nano S Plus – Best Overall Wallet

★★★★★
Price: $79 USD
Supported Assets: 5,500+
Type: Hardware

The Ledger Nano S Plus strikes an ideal balance between affordability and robust functionality. Priced at just $79, it supports thousands of cryptocurrencies and NFTs while maintaining Ledger’s industry-leading security standards.

Its companion app, Ledger Live, enables users to swap tokens, purchase crypto via card, stake assets, and interact with over 1,000 DeFi protocols across 10 blockchains through the Merlin dashboard. This includes tracking yield, profit/loss, and impermanent loss — essential tools for active investors.

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Best Wallet – Best for Buying Crypto

Price: Free
Supported Assets: 1,000+
Type: Mobile

Best Wallet simplifies the process of acquiring digital assets with built-in fiat-to-crypto on-ramps via Banxa, MoonPay, and GateConnect. It supports multiple payment methods including Apple Pay, Google Pay, PayPal, PayID, debit, and credit cards.

With support across Ethereum, BNB Chain, and Polygon networks, users can easily swap tokens within the app. Biometric login (Face ID) and two-factor authentication enhance account protection.

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👉 Start your journey with a wallet trusted by thousands of Australians.

Ledger Flex – Best Wallet for Staking

★★★★★
Price: $249 USD
Supported Assets: 5,500+
Type: Hardware

Designed for long-term holders and yield seekers, the Ledger Flex excels in staking capabilities. Native staking is available for Ethereum (ETH), Polkadot (DOT), and more through Ledger Live. Third-party integrations allow staking over 25 cryptos like Solana (SOL) and Avalanche (AVAX).

Its e-ink touchscreen offers improved navigation over older models and supports iOS devices — a key advantage over some competitors.

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Ledger Nano X – Best Hardware Wallet & Best for XRP

★★★★★
Price: $149 USD
Supported Assets: 5,500+
Type: Hardware

The Ledger Nano X remains one of the most feature-rich hardware wallets available. With Bluetooth connectivity and cross-platform compatibility (mobile and desktop), it allows secure management of your portfolio on the go.

It supports XRP — a notable inclusion given Ripple’s growing adoption — along with major NFTs on Ethereum and Polygon. The Ledger Live interface streamlines access to DeFi apps and staking opportunities.

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Trezor Model One – Best Value & Beginner-Friendly

★★★★★
Price: $49 USD
Supported Assets: 1,000+
Type: Hardware

At only $49, the Trezor Model One is the most budget-friendly entry into cold storage. Ideal for beginners, it securely stores Bitcoin and Ethereum private keys offline.

While basic in design, it integrates seamlessly with MetaMask for Web3 exploration. Its open-source firmware inspires trust among privacy-conscious users.

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Coinbase Wallet – Best Exchange Wallet

Price: Free
Supported Assets: 450,000+
Type: Mobile & Browser Extension

Perfect for Coinbase users, this non-custodial wallet syncs directly with the exchange platform. You don’t need a Coinbase account to use it, but linking one enables instant crypto purchases.

Preconfigured for EVM chains, Solana, and others, it offers smooth access to dApps and NFT marketplaces. However, swapping incurs fees and requires connecting to external DEXs.

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Trezor Model T – Best for Advanced Users

★★★★★
Price: $129 USD
Supported Assets: 1,000+
Type: Hardware

The Trezor Model T offers advanced features like Taproot support, multisig transactions, Shamir Backup (split seed phrases), timelocked transfers, and Tor network anonymization via Trezor Suite.

Its touchscreen enhances usability and security during transaction signing.

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Zengo – Best for Private Transactions

Price: Free
Supported Assets: 380+
Type: Mobile

Zengo uses MPC (Multi-Party Computation) instead of traditional seed phrases — eliminating single points of failure. Its Pro service enables private Bitcoin and Dogecoin transactions by rotating addresses automatically.

Available on iOS and Android, Zengo combines strong security with 24/7 customer support.

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Ledger Stax – Best-Designed Crypto Wallet

★★★★★
Price: $399 USD
Supported Assets: 5,500+
Type: Hardware

Co-designed by Tony Fadell (iPod/iPhone creator), the Ledger Stax redefines premium hardware wallets. Featuring a large e-ink touchscreen (3.7”), wireless charging, customizable NFT lock screen, and CC EAL 6+ security certification — the highest level available — it’s built for both aesthetics and function.

Despite its high price, it delivers unmatched user experience for serious investors.

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Phantom – Best Solana Wallet

Price: Free
Supported Assets: 4+ major chains
Type: Mobile & Browser Extension

Phantom dominates the Solana ecosystem. It supports NFTs, staking (on Solana only), cross-chain swaps (with 0.85% fee), and works across Chrome, Firefox, Brave, iOS, and Android.

While convenient, Firefox users cannot connect to Ledger devices.

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MetaMask – Best Software Wallet Overall

Price: Free
Supported Assets: 500,000+
Type: Mobile & Browser Extension

With over 30 million monthly active users, MetaMask is the gateway to Web3. It supports Ethereum-based tokens, testnets, NFTs, dApps, and decentralized exchanges.

No personal data is stored — your seed phrase is your sole access key. You can set spending limits per dApp for added safety.

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COLDCARD Mk4 – Best Bitcoin Wallet

Price: $177.94 USD
Supported Assets: Bitcoin only
Type: Hardware

Built by cypherpunks for Bitcoin maximalists, the COLDCARD Mk4 prioritizes ultimate security. Dual Secure Element chips protect keys even when disconnected from computers.

Transactions can be signed air-gapped using microSD cards with compatible software like Electrum or Sparrow.

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Atomic Wallet – Most Loved by Customers

Price: Free
Supported Assets: 1,350+
Type: Mobile & Desktop

Winner of Finder’s “Most Loved” Crypto Wallet award, Atomic combines ease of use with staking on over 20 coins. While praised for its interface and payment flexibility, its trading fees aren’t always competitive.

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Frequently Asked Questions

What is the safest type of crypto wallet?

Hardware wallets (cold wallets) are considered the safest because they store private keys offline. Devices like Ledger Nano X and Trezor Model T offer protection against online hacking attempts.

Can I lose my crypto if I lose my wallet?

Yes — if you lose access to your private key or seed phrase and have no backup, your funds are irretrievable. Always store backups securely offline.

Is MetaMask safe to use?

Yes, MetaMask is secure when used correctly. Never share your seed phrase and only connect to verified dApps. Avoid phishing sites mimicking legitimate platforms.

Do I need both a hot and cold wallet?

Many users do. A hot wallet (like MetaMask) offers quick access for trading or DeFi use. A cold wallet (like Ledger) provides long-term security for larger holdings.

Which wallet supports the most cryptocurrencies?

MetaMask supports over 500,000 tokens via custom network additions. For hardware wallets, Ledger leads with support for 5,500+ assets.

How do I choose the right crypto wallet?

Consider your priorities: security (hardware), convenience (software), asset type (Bitcoin-only vs multi-chain), staking needs, Web3 access, and budget.

👉 Compare real-time wallet performance metrics used by professionals.

Final Thoughts

There’s no universal “best” crypto wallet — only the best one for you. Beginners may prefer simple mobile wallets like Best Wallet or Zengo. Active traders benefit from MetaMask or Phantom. Long-term holders should consider Ledger or Trezor devices.

Regardless of your choice, always prioritize private key control, security updates, and backup procedures. As threats evolve — such as fake Ledger Live apps targeting Mac users — staying informed is critical.

Remember: Not your keys, not your coins.

By aligning your needs with the right features — whether staking rewards, cross-chain swaps, or air-gapped security — you can confidently navigate Australia’s growing crypto landscape in 2025 and beyond.