Cryptocurrency Wallets Security Comparison
Compare different cryptocurrency storage methods based on security, resilience, and open-source criteria. Make informed decisions for your Bitcoin and Monero storage.
We are volunteers and receive no compensation for this work and publication;
therefore, we are as objective as possible on the subject.
Of course, we are open to criticism, provided it does not come from employees affiliated with the private companies listed below or any crypto company (neutrality).
Methodology & Scoring
🔓 Open Source
Software: Yes (1.0) | Auditable (0.5) | No (0.0)
Hardware: Yes (1.0) | Partial (0.5) | No (0.0)
🛡️ Security Level
High: Air-gapped, multi-sig capable
Medium: Hardware wallet, secure element
Low: Software only, online
🔥 Resilience
Physical: Fire, corrosion, theft resistance
Digital: IP tracking, privacy protection
📊 Final Score
Weighted average of all criteria
A: 90-100 | B: 80-89 | C: 70-79 | D: 60-69 | F: <60
Cold Wallet Comparison Table
| # | Image | Wallet Name |
Final Score ⬇️ |
Comment | Extra words backup? |
Software OpenSource |
Hardware OpenSource |
Manages Bitcoin |
Manages Monero |
Manufacturing Country |
Company or DIY |
Tracks IPs |
Security Level |
Corrosion Resistant |
Theft Resistant |
Fire Resistant |
Air-gapped | Multi-sig | Price Range ↕ |
Ease of Use ↕ |
Purchase Link |
Review Link |
|---|
| # | Image | Wallet Name |
Final Score ⬇️ |
|---|
| Comment | Extra words backup? |
Software OpenSource |
Hardware OpenSource |
Manages Bitcoin |
Manages Monero |
Manufacturing Country |
Company or DIY |
Tracks IPs |
Security Level |
Corrosion Resistant |
Theft Resistant |
Fire Resistant |
Air-gapped | Multi-sig | Price Range ↕ |
Ease of Use ↕ |
Purchase Link |
Review Link |
|---|
Hot Wallet Comparison
Hot wallets are connected to the internet and suitable for daily transactions. Choose based on your security and convenience needs.
✅ Recommended Hot Wallets
Open-source Monero wallet for Android with excellent privacy features
Multi-currency open-source wallet supporting Monero, Bitcoin, and more
Lightweight open-source Monero desktop wallet
❕ Acceptable Hot Wallets
User-friendly multi-currency wallet, but not fully open-source
Multi-currency wallet with built-in exchange, limited transparency
❌ Avoid These Hot Wallets
Binance, Coinbase, Kraken - You don't control your private keys
Wallets without public source code - Cannot verify security
Legend & Notes
🟢 Excellent (1.0)
Fully open source, audited, or maximum security
🟡 Good (0.5-0.8)
Partially open, auditable, or good security
🔴 Poor (0.0-0.4)
Closed source, unaudited, or low security
⚫ N/A
Not applicable for this wallet type
Important Notes:
- Theft Resistance: Depends on proper seed phrase backup and storage
- Fire/Corrosion Resistance: Physical properties of the storage medium
- IP Tracking: Whether the wallet connects to external servers that may log IPs
- Purchase Links: Non-affiliate, volunteer-maintained links for reference only
- Reviews: Independent analysis from WalletScrutiny.com