10 Best Crypto Wallets in the UK - Personally Tested in 2024 (2024)

Ledger, founded in 2014 in France, revolutionized crypto security with hardware wallets. Its main product, the Ledger Nano, securely stores and manages digital assets offline, protecting them from online threats. Trusted widely, Ledger has become a staple in the cryptocurrency community for asset security.

  • Connect Kit Exploit (2023): A security breach involved the Connect Kit software due to a phishing attack targeting a former employee, leading to unauthorized NPMJS account access. An attacker published a malicious version of the Ledger Connect Kit, redirecting assets to their wallets and impacting several major DeFi protocols. This resulted in a $484,000 loss. Ledger enhanced its security by updating code review policies, boosting employee security training, and improving infrastructure monitoring.

  • Customer Data Leak (2020): In June 2020, a breach exposed the personal information of about 273,000 Ledger customers, including emails, addresses, and phone numbers. The information was later made public on the hacking forum, Raidforum. This incident underscored the privacy risks associated with storing personal data and the potential security threats to users.

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  • Ledger Nano X: Premium, supports over 5,000 cryptocurrencies, with Bluetooth connectivity and compatibility with various OS and Web3 wallets like Metamask. Stores up to 100 apps.

  • Ledger Nano S Plus: More affordable, supports over 5,500 cryptocurrencies, USB-dependent, and can install up to 100 apps. Lacks Bluetooth.

10 Best Crypto Wallets in the UK - Personally Tested in 2024 (2024)

FAQs

What is the safest crypto exchange in the UK? ›

For most UK users, eToro is the best all-around crypto exchange. It offers a user-friendly platform, strong security features, FCA regulation, and a wide range of features beyond just buying and selling crypto, like social trading.

What is the best site to buy cryptocurrency UK? ›

Coinbase is the most trusted platform in the UK for buying, selling and trading Bitcoin. It's quick and easy. Here's a step-by-step guide on how to buy Bitcoin.

Which crypto will explode in 2024? ›

ButtChain leads amongst the next big crypto coins that could explode with its distinct tokenomics, fun branding, and growing presale. ButtChain is the next big crypto coin contender. ButtChain (BUTT) – Inaugural auto-liquidity meme coin on Polygon in presale.

What is the safest Bitcoin wallet in the world? ›

If you're looking for a wallet for your Bitcoin, consider the Trezor Model T. This option tops our list of best Bitcoin wallets because of its security features, which is one of the features you may want to consider when you're searching for the right wallet for you.

What is the best crypto app for beginners UK? ›

Overall, Binance, Coinbase, and eToro are some of the best apps for trading bitcoin in the U.K. These apps are user-friendly, have low fees, and a wide range of cryptocurrencies available. Each app has its own unique features and it's important to research and compare different options before deciding which one to use.

What is the most secure crypto exchange in Europe? ›

1. Bitstamp. Founded in 2011, Bitstamp is one of the oldest cryptocurrency exchanges in the world and the most respected in Europe. Headquartered in Luxembourg, Bitstamp offers users a reliable platform with a high level of security and supports a wide range of currency pairs.

Which crypto wallet type is considered as the most secure? ›

Hardware wallets are generally considered the most secure type of cryptocurrency wallet. These wallets store a user's private keys on a physical device, which is typically a small, USB-like device that connects to a computer or mobile device to initiate transactions.

What wallet is better than trust wallet? ›

If you are considering Trust Wallet, you may also want to investigate similar alternatives or competitors to find the best solution. Other important factors to consider when researching alternatives to Trust Wallet include security. The best overall Trust Wallet alternative is Zengo Wallet.

Which crypto wallet can withdraw to a bank account? ›

Quick answer: To transfer crypto to a bank account, you can use centralized crypto wallets to sell crypto for fiat money and withdraw them to your bank account. Some popular crypto wallets that enable this functionality are Coinbase, Binance, Crypto.com, Kraken, and swissmoney.

Is crypto wallet legal in UK? ›

The United Kingdom

The U.K. has allowed cryptocurrency use since it was first introduced, using existing policies and growing experiences to help it develop a framework for cryptoasset regulation. The government regulates the following crypto assets: Exchange tokens (cryptocurrencies) Asset-referenced tokens.

Is Coinbase wallet safe UK? ›

Keep your assets secure

Coinbase Wallet is a self-custody web3 wallet, putting you in full control of the private keys to your assets on the blockchain. Nobody, including Coinbase, can access your tokens or NFTs without your recovery phrase.

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