Some Bitcoin wallets allow users to store crypto anonymously. Access is non-custodial, meaning users have full control and authority over their coins. No account or personal information is needed – ensuring a private experience.
Read on to learn more about anonymous crypto wallets, which providers stand out, and what best practices should be implemented to avoid common mistakes.
Top Anonymous Crypto & Bitcoin Wallets
The list below showcases the 10 best anonymous crypto wallets for investors:
Best Wallet – The Overall Best Anonymous Wallet for 2024
Zengo – One of the Most Secure Crypto Wallets for Mobile Users
Exodus – A Great Option for Diversification With 50+ Supported Networks
ELLIPAL Titan 2.0 – Top-Rated Hardware Wallet With Air-Gapped Security
Trezor Model One – Budget-Friendly Hardware Wallet for Storing Bitcoin and Ethereum
OKX Wallet – Multi-Device Web 3.0 Wallet With MPC Security and Token Swaps
Bybit Wallet – Earn Airdrops, Tokenized Rewards, and Other Perks When Completing Tasks
Blockstream Jade – Trusted Bitcoin Wallet Device With 3FA Security Features
NGRAVE – Premium Cold Wallet Aimed at Investors With Large Crypto Balances
Reviewing the Best Anonymous Crypto Wallets
Now let’s take a closer look at the leading anonymous Bitcoin wallets. Our impartial reviews cover everything investors need to know – including privacy and security features, supported coins, compatible device types, and pricing.
1. Best Wallet – The Overall Best Anonymous Crypto Wallet for 2024
Best Wallet is our top pick for storing crypto coins anonymously. This non-custodial wallet offers a private experience from the get-go. No account, personal information, or contact details are needed. Just download and install the Best Wallet app for iOS or Android.
Users must initially choose a PIN and set up biometrics. Two-factor authentication (2FA) is also supported; users are strongly advised to activate it. Best Wallet doesn’t collect IP addresses and VPNs are welcome. Users can send and receive funds without third-party authorization. The wallet comes with a QR scanning feature for additional convenience.
Best Wallet currently supports three blockchain networks; Ethereum, BNB Chain, and Polygon. Custom tokens from each network can be added manually. Bitcoin support will be added in the coming months. Best Wallet also offers a fiat on-ramp service, meaning users can buy extra crypto coins with a debit/credit card.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
Best Wallet
Software
Free
Ethereum, BNB Chain, and Polygon
Determined by the on-ramp provider
Yes
Anonymous token swaps / Fiat on-ramp service / Users can add custom tokens
Pros
One of the best anonymous crypto wallets with no KYC
Comes as a user-friendly app for iOS and Android
Secured via biometrics and 2FA
Send and receive coins without third-party authorization
Private keys are safely stored on the user’s smartphone
2. Zengo – One of the Most Secure Crypto Wallets for Mobile Users
Zengo offers the perfect balance between convenience and security. Available as a mobile app for iOS and Android, Zengo comes packed with safety features. This includes Multi-Party Computation (MPC) technology, which ensures private keys aren’t vulnerable to remote hackers.
There is no single point of failure, as keys are segmented and stored on multiple servers. Each server is independent from the next, meaning security breaches are almost impossible. And, if you lose the smartphone containing the Zengo app – your funds are still safe. Recovery takes minutes via multi-factor authentication.
This includes an email confirmation, accessing a unique file on the cloud, and facial biometrics. Zengo offers a user-friendly experience and the app is free. Supported networks include Bitcoin, Ethereum, BNB Chain, and Dogecoin. Zengo also connects with decentralized applications, such as OpenSea, Aave, and Uniswap.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
Zengo
Software
Free
Bitcoin, Dogecoin, Ethereum, BNB, Polygon, Arbitrum, and Optimism
Determined by the on-ramp provider
Yes
MPC security / No seed phrase vulnerability / Connects with decentralized applications
Pros
One of the best anonymous Bitcoin wallets for security
Keys are segmented and stored on multiple servers
Easily recover access via multi-factor authentication
3. Exodus – A Great Option for Diversification With 50+ Supported Networks
Exodus is one of the best anonymous crypto wallets for diversified portfolios. It supports over 50 blockchain networks – including Bitcoin, Dogecoin, Ethereum, Solana, and BNB Chain. This means investors can store all their crypto coins in one safe location, rather than managing multiple wallets.
Another benefit is that Exodus is suitable for desktop and mobile users. The latter includes a mobile app for iOS and Android. The desktop software is available for Windows, Mac, and Linux. Exodus also offers a browser extension and connects with hardware wallets like Trezor. All supported wallet applications are free to use.
The main drawback of Exodus is that security features are limited. Exodus users must follow best practices – such as avoiding clicking suspicious links and connecting to unknown Web 3.0 applications. Additional features include a fiat on-ramp service, support for NFT investments, and a customizable portfolio dashboard.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
Exodus
Software
Free
Over 50 networks including Bitcoin, BNB Chain, Ethereum, Solana, Monero, and Dogecoin
ELLIPAL Titan 2.0 is one of the best anonymous crypto wallets for cold storage. This means the private keys are stored within the hardware device and never exposed to internet connections. ELLIPAL Titan 2.0 has also implemented air-gapped security for enhanced peace of mind.
This means other network connections are blocked – such as Bluetooth and USB cables. Wallet movements are authorized via a QR code, generated by the ELLIPAL app when setting up transactions. The QR code is scanned with the ELLIPAL device. As such, unauthorized access is all but impossible, making ELLIPAL Titan 2.0 the best option for safety.
That said, ELLIPAL Titan 2.0 isn’t cheap – wallets retail for $169 plus shipping fees. Moreover, while in-built staking tools are available – just five coins are supported. Nonetheless, we like that ELLIPAL Titan 2.0 is compatible with 41 networks, ranging from Bitcoin, Solana, and Ethereum to BNB Chain, Cardano, and Dogecoin.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
ELLIPAL Titan 2.0
Hardware
$169 plus shipping fees
41 blockchains including Bitcoin, Ethereum, Solana, Cardano, Ripple, and BNB Chain
Ledger Nano X is a popular hardware wallet that’s ideal for long-term investors. It supports more than 5,500 cryptos from the leading network ecosystems. This includes everything from Bitcoin, Solana, and Ripple to Cardano, Avalanche, and Ethereum.
Ledger Nano X – which retails for $149, is simple to set up. Users must choose a PIN and write down the 12-word passphrase. The selected PIN is required when transferring coins to another wallet. Users can easily recover their coins if the device is lost, damaged, or stolen. Just download a software wallet and enter the 12-word passphrase.
Another feature is the Ledger Live app for iOS and Android. This enables users to swap tokens anonymously – without needing a crypto exchange. Ledger Live also supports fiat services, meaning you can buy crypto with a debit/credit card. This top-rated wallet is also ideal for earning staking rewards – including Ethereum and Solana.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
Ledger Nano X
Hardware
$149 including shipping
Dozens of blockchains including Bitcoin, Ethereum, Solana, Dogecoin, Cardano, and Ripple
Determined by the on-ramp provider
Yes
Secure cold wallet storage / Supports 5,500+ cryptos / Comes with a user-friendly app
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Pros
Pocket-size hardware wallet offering cold storage
Trusted by more than 6 million investors
Supports thousands of cryptos from the most popular networks
Outgoing transactions are authorized by a PIN
Backup recovery is simple via the 12-word passphrase
6. Trezor Model One – Budget-Friendly Hardware Wallet for Storing Bitcoin and Ethereum
Trezor Model One is another hardware wallet that offers anonymous and private storage. This is the basic version offered by Trezor, meaning it’s affordable for most budgets. Costing just $59 – the Trezor Model One is ideal for storing Bitcoin and Ethereum long-term.
It also supports other popular networks, including BNB Chain, Polygon, and Arbitrum. However, some ecosystems aren’t compatible, such as Solana and Cardano. These networks are available on the premium and more expensive models. Nonetheless, Trezor Model One is as secure as it gets. Wallet movements require users to enter a PIN on the device.
Stolen or damaged wallets can be recovered by the 12-word passphrase. This can be extended to 24 words for additional security. What’s more, the Trezor Model One also offers 2FA. That said, air-gapped security isn’t supported – meaning users must connect a USB cable when setting up outgoing transactions.
7. OKX Wallet – Multi-Device Web 3.0 Wallet With MPC Security and Token Swaps
OKX Wallet offers anonymous storage solutions for desktop and mobile users. Available operating systems include Windows and Mac software, a mobile app for iOS and Android, and a Chrome browser extension. The wallet is free to download and all subsequent transactions are private.
OKX Wallet is a solid option for active crypto investors. It connects with hundreds of decentralized exchanges and lending protocols. This means users can swap tokens without leaving the wallet interface. Users can also earn competitive yields via staking and liquidity farming pools. Best of all, more than 80 blockchains are supported.
This includes Bitcoin, Dogecoin, Polygon, BNB Chain, Ethereum, and Solana. Another feature is security; OKX Wallet is compatible with MPC technology. This enables users to segment their private keys across multiple trusted servers. The wallet’s smart contract code has been audited by several parties for increased transparency.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
OKX Wallet
Software
Free
Over 80 blockchain networks including Bitcoin, Ethereum, Solana, and BNB Chain
Determined by the on-ramp provider
Yes
Available on desktop and mobile devices / Protected by MPC technology / Connects with hundreds of liquidity providers
Pros
The best option for active crypto investors
Swap tokens via hundreds of liquidity providers
Earn competitive yields via staking and liquidity farming
Available on multiple devices
Compatible with over 80 network standards
Cons
More geared toward intermediate and advanced users
Doesn’t offer a browser extension for Firefox or Edge
8. Bybit Wallet – Earn Airdrops, Tokenized Rewards, and Other Perks When Completing Tasks
Bybit Wallet is an anonymous wallet app for iOS and Android. Those who prefer using a desktop device can download the Chrome extension. Bybit Wallet offers two ways to secure private keys. First, there’s the seed phrase option, which is secured by a traditional backup passphrase.
Alternatively, the keyless wallet offers MPC security, so the private keys are distributed on multiple servers. One of the top features of Bybit is that users earn Web 3.0 points when completing tasks. This includes basic transactions like sending and receiving funds. Connecting to decentralized applications – such as NFT marketplaces – offers additional points.
Web 3.0 points can also be earned when entering airdrop campaigns and swapping tokens. Accumulated points offer daily rewards, such as free crypto tokens and access to new project launches. Bybit Wallet supports 20 blockchain ecosystems, including Bitcoin, Solana, and Ethereum. The wallet is completely free to use.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
Bybit Wallet
Software
Free
Over 20 blockchain networks including Bitcoin, Ethereum, Solana, and Mantle
Determined by the on-ramp provider
Yes
Earn Web 3.0 points when completing tasks / Points offer tokenized rewards / Offers two non-custodial options
Pros
Earn Web 3.0 points to generate tokenized rewards
Access new airdrops and crypto IDOs
Supports 20 blockchain ecosystems
Available as a mobile app or browser extension
Security options include a backup passphrase or MPC technology
Cons
Doesn’t support XRP
Users need to bypass a bot to access live chat support
9. Blockstream Jade – Trusted Bitcoin Wallet Device With 3FA Security Features
Blockstream Jade is a no-KYC Bitcoin wallet that comes as a hardware device. Retailing for just $64.99 – it offers the ideal balance between affordability and institutional-grade security. Blockstream Jade is an air-gapped wallet, so external connection threats are redundant.
This includes WiFi, USBs, and Bluetooth. The device comes with an in-built camera – which scans a unique QR code when moving funds. The QR code is randomly generated by the Blockstream app for iOS and Android. Not only that but Blockstream Jade offers three-factor authentication (3FA) for additional security.
This includes a unique code sent to the registered mobile device and a 24-word passphrase. We also like that Blockstream Jade is open-source, highlighting its commitment to transparency. However, Blockstream Jade comes with a big drawback – Bitcoin is the only supported asset. This means the best altcoins will need to be stored elsewhere.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
Blockstream Jade
Hardware
$64.99 plus shipping fees
Bitcoin
N/A
Yes
Air-gapped security / 3FA for additional safety / Supports the Bitcoin Lightning Network
Pros
Affordable no KYC wallet retailing for just $64.99
Security features include air-gapped technology and 3FA
Comes pre-built with a camera for scanning QR codes
Compatible with the Bitcoin Lightning Network
Cons
Only supports Bitcoin
Some features are aimed at users with coding knowledge
10. NGRAVE – Premium Cold Wallet Aimed at Investors With Large Crypto Balances
The final option to consider is NGRAVE – a premium hardware wallet offering an anonymous experience. Considering its $398 price – NGRAVE is only suitable for investors with large balances. It offers some of the most advanced security features – including tamper-proof technology.
This ensures that NGRAVE devices cannot be tampered with before they arrive. NGRAVE also offers air-gapped security – so threats via WiFi, Bluetooth, and USBs are alleviated. The wallet is also protected by biometrics via 2FA security. In terms of network compatibility, NGRAVE supports 15 blockchain ecosystems.
This includes Bitcoin, Solana, Dogecoin, and Ethereum. Like most decentralized crypto wallets, NGRAVE can be recovered via a backup passphrase. NGRAVE also offers a stainless steel product for safely storing the passphrase, although this retails for an extra $100. Writing the passphrase down on a sheet of paper will suffice for most users.
Anonymous Wallet
Wallet Type
Price
Supported Networks
Fee to Buy Crypto
Mobile App?
Top Features
NGRAVE
Hardware
$398 plus shipping fees
15 blockchain networks including Bitcoin, Ethereum, Dash, Dogecoin, and Solana
N/A
Yes
Premium cold storage for large crypto balances / Air-gapped and 2FA security / Compatible with 15 network standards
Pros
Institutional-grade storage including air-gapped security
How do Anonymous Bitcoin Wallets Protect Your Identity?
Anonymous wallets offer a private experience from the get-go. No personal information is collected by the wallet provider – ensuring users can store crypto and transact without revealing their identity. This also means that users can avoid traditional KYC (Know Your Customer) procedures.
No KYC Requirements
KYC is increasingly becoming mainstream in the crypto investment industry. Consider a popular exchange like Binance or Coinbase – which have over 300 million registered users between them. All account holders must provide personal information when joining. Not to mention KYC documents like a passport or driver’s license.
This means that wallet balances – and all future transactions, are tied to the user’s identity. This is even the case when withdrawing funds to another wallet provider. For example, suppose a user transfers $10,000 worth of Bitcoin from Coinbase to Exodus. All Bitcoin transactions are transparent – so in theory, Coinbase can easily track wallet movements.
This isn’t the case when using an anonymous wallet. For instance, those using Best Wallet simply need to download the mobile app. No account is needed – let alone personal data or verification documents. Put otherwise, those using Best Wallet can send, receive, and store crypto in complete privacy.
Benefits of Using an Anonymous Bitcoin Wallet Without KYC
Anonymous crypto wallets offer many benefits, which are summarized below:
No KYC Crypto Wallet: Anonymous wallets offer a KYC-free experience. The wallet provider doesn’t collect or store personal information – including IP address. This means users can invest in and store crypto without uploading a government-issued ID.
Become the Custodian: Centralized wallets – usually offered by exchanges and brokers, are custodians. This means they’re responsible for safeguarding your crypto coins. However, this also means you’re handing over control of the wallet’s private keys. As such, you must seek approval when transferring funds. This isn’t the case when using an anonymous wallet, which are non-custodial.
Avoid Counterparty Risk: Another benefit of anonymous wallets is that you’ll avoid counterparty risk. After all, custodians can be hacked, meaning a risk to client-owned funds. Custodians can also engage in fraud, negligence, and misconduct – just like FTX did before its 2022 bankruptcy.
Transact Freely: Anonymous wallets enable you to send and receive funds immediately – no authorization is needed. This offers a peer-to-peer and decentralized experience – ensuring users can transact without limitations. Crucially, there’s no involvement from third-party intermediaries.
Multi-Network Support: Some anonymous wallets support multiple blockchain networks. This means you only need one wallet to store all of your crypto investments. This is especially important for beginners – as managing multiple wallet interfaces can be cumbersome.
Anonymous Token Swaps: Not only are anonymous wallets ideal for decentralized storage – but they often support token swaps too. For example, suppose you’ve got USDT stored in Best Wallet. You want to invest in ETH. Without leaving the Best Wallet app, you can anonymously buy ETH with your USDT balance.
Can I Get a Hardware Crypto Wallet Without KYC?
Hardware wallets are the safest way to store crypto. But are they anonymous?
Well, hardware wallets are physical devices that must be purchased and delivered.
Meaning – the provider will need a name and delivery address.
However, the provider will not know the receiver’s wallet address – as this is only generated when setting up the device.
As such, hardware wallets are anonymous – as transactions cannot be traced to their owners.
Types of Anonymous Crypto Wallets
Anonymous wallets are available as ‘hot’ or ‘cold’ storage.
Hot storage is linked to software wallets, as they’re readily connected to internet servers. This means the wallet is increasingly at risk of being compromised. After all, most wallet hacks take place remotely.
Hardware wallets offer cold storage, which stores private keys within a physical device. Cold wallets are never connected to the internet, meaning they’re super-safe.
Let’s take a closer look at how hot and cold storage wallets work. This will help you choose the most suitable option.
Anonymous Hot Wallets
Anonymous hot wallets come as software applications.
They’re available in three different formats:
Mobile Apps: The most common format is a mobile app, allowing users to seamlessly send, receive, and store funds via smartphones. Security features include facial or fingerprint biometrics.
Desktop Software: Some users prefer anonymous crypto wallets on a desktop device. This option comes as software for Windows and Mac. Linux is sometimes supported too.
Browser Extension: The least secure but also the most convenient is a browser extension. This is ideal for active traders who regularly move funds. However, users should be aware of online threats – such as malware and keyloggers.
Anonymous Cold Wallets
The safest wallet types offer cold storage. This means that private keys are never exposed to internet threats. Cold wallets come as small hardware devices. Users must enter a PIN on the device to transfer funds. The connection is usually made via Bluetooth or a USB connection.
That said, some hardware wallets offer air-gapped security – which means enhanced safety. Instead of relying on external connections, transactions are authorized via a QR code. The QR code is generated by a mobile app and scanned from the wallet device itself.
Legality of Anonymous Bitcoin Wallets
No KYC crypto wallets are perfectly legal. Users can freely store, send, and receive crypto coins without revealing their identity. The only exception is when ‘fiat money’ is involved. Meaning – using an anonymous wallet to buy crypto with real money triggers a KYC request.
This is due to anti-money laundering regulations. The KYC process will be carried out by the fiat-on-ramp provider, rather than the wallet itself. That said, some government bodies have issued guidelines that cover non-custodial wallets.
The UK government has implemented similar restrictions – known as the Travel Rule. This requires UK exchanges to request additional information on withdrawals made to private wallets. This includes the name of the receiver and potentially – the reasons behind the payment.
How to Choose an Anonymous BTC Wallet
No two anonymous crypto wallets offer the same user experience. Crypto investors should consider the following factors when selecting a provider:
Cold or Hot Storage: The first step is to assess whether you prefer cold or hot storage. Cold wallets are the best option for long-term investors. Active traders might prefer hot wallets via a mobile app or browser extension. Consider the benefits and drawbacks of each before proceeding.
Security: Explore key security features when researching anonymous wallets. Look at 2FA or 3FA safeguards, biometrics, backup passphrases, and MPC technology. The more security controls the better – as this will ensure your crypto coins are kept safe.
Compatible Networks: Another important consideration is supported networks. For example, Blockstream Jade only supports Bitcoin. In contrast, Exodus supports more than 50 networks, including Bitcoin, Ethereum, Solana, and BNB Chain. We also prefer wallets that support custom tokens – which can be added manually via the contract address.
Fees: Most hot wallets are free to use. Users simply need to download the respective software application. However, this won’t be the case for cold wallets. Trezor Model One and Blockstream Jade are cost-effective options – retailing for $59 and $64.99 respectively. Those looking for premium wallet solutions might like NGRAVE, which costs $398.
Additional Features: The best anonymous crypto wallets come with additional features, such as token swaps, staking, liquidity farming, and lending services. It’s often possible to buy crypto with a debit/credit card too. Consider which features you’re after when shortlisting providers.
Reputation: Always perform independent due diligence rather than taking third-party advice. Read reviews and ratings from reputable websites, including Trustpilot, Google Play, and the App Store. Read comments from existing users to get an overall idea of how the wallet performs.
Privacy: Make sure the wallet provider offers a private and anonymous experience. No personal information or contact details should be collected. Ensure IP addresses aren’t stored either. This might entail reading the wallet’s terms and conditions. Although Reddit is also worth exploring for additional guidance on privacy.
How to Setup a Crypto Wallet Anonymously
We’ll now explain how to set up an anonymous wallet without revealing your identity. Best Wallet – our top pick, will be used for this walkthrough.
Step 1: Connect to a VPN: Although this step is optional, consider connecting to a VPN before getting started. This will hinder your true IP address and make it appear as if you’re located in another country.
Step 2: Download the Best Wallet App: Visit the Best Wallet website and download the app. Click the Google Play or App Store button to begin the download.
Step 3: Set Up Wallet Security: Open the Best Wallet app and complete the required security steps. This will ensure your wallet is protected. Choose a PIN, set up biometrics, and write down your 12-word passphrase.
Step 4: Add Crypto: The final step is to add some crypto to your Best Wallet balance. Click the coin you want to deposit followed by ‘Copy’. Complete the transfer from an external wallet or exchange. You can also buy coins directly with a debit/credit card – but your wallet will no longer be anonymous.
Conclusion
Anonymous wallets are a must if you want to store crypto away from centralized entities. Full control and authority are granted to the wallet owner – meaning transaction approval isn’t required.
What’s more, you’ll be able to send and receive crypto without revealing your identity. This ensures an all-round private experience. Research is crucial when selecting an anonymous wallet – including security features, supported networks, and pricing.
FAQs
Are there anonymous Bitcoin wallets?
Yes, many anonymous Bitcoin wallets exist – meaning users can send, receive, and store crypto without revealing their identity.
Which crypto wallets are anonymous?
Some of the best anonymous crypto wallets include Best Wallet, Zengo, Exodus, Ledger Nano X, and Trezor Model One.
Can a Bitcoin wallet be traced?
All Bitcoin transactions can be traced – irrespective of whether you’re using an anonymous wallet. However, Bitcoin transactions are tied to the wallet address and not the individual’s identity.
How do I make my crypto wallet untraceable?
Use a VPN and download an anonymous wallet. Fund it with crypto, and ensure the deposit isn’t made from an exchange account that has been KYC’d.
The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.
Kane Pepi is a financial and cryptocurrency writer who has written over 2,000 articles, tutorials, and market analyses. Kane's expertise in specialized domains such as asset appraisal and analysis, portfolio management, and financial crime prevention has earned him a reputation for providing succinct explanations of difficult financial subjects. He holds a Bachelor of Science in Finance, a Master of Science in Financial Crime, and is currently working on his Doctorate degree, which will focus on the challenges of money laundering in the cryptocurrency and blockchain technology industries. Kane's wealth of industry experience make him a valuable resource for traders and…
Base Dawgz is a new meme coin project aiming to redefine the genre with its multi-chain capabilities. Built on the Base chain, it aspires to be the first Shiba Inu-inspired...
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