Best Solana and Ethereum Crypto Wallets for Storing Coins in 2025

2025-02-24

Best Solana and Ethereum Crypto Wallets for Storing Coins in 2025.webp

BittimeThe world of crypto can be confusing. To make your crypto journey smoother, here is a guide about crypto wallet (crypto wallet). We will discuss what a crypto wallet is, which ones are good to try, and how to make your assets more secure. Come on, let's get straight to it!

lucky draw 15 juta.webp

What Are Crypto Wallets?

A crypto wallet is like software for accessing, managing and interacting with crypto, NFT, And decentralized applications (dApps). Simply put, this is where you store your digital assets.

There are two main types of crypto wallets: custodial and non-custodial.

auto earn.webp

Custodial wallet

If you buy, sell, or trade digital assets on centralized exchange (CEX) like Coinbase, or Kraken, you use a custodial wallet. This wallet is "entrusted" to CEX.

Non-custodial wallet

If you don't want to bother with the risks of a custodial wallet, you can use a non-custodial wallet. In essence, this wallet can be a browser extension/mobile application or hardware. Wallets that are in the form of browser extensions/mobile applications (for example Phantom) are called "hot wallets" because they are always connected to the internet and easy to access. 

Meanwhile, hardware wallets (for example Ledger and Trezor) are called "cold wallets" because they only connect to the internet when you activate them.

Read too Hot Wallet vs Cold Wallet: Definition, Advantages and Advantages

 

Custodial vs. Non-Custodial Wallet: Which to Choose?

Feature

Custodial Wallet

Non-Custodial Wallet

Access Funds

The private key is held by the wallet provider, so they have control over the funds.

Only you have full control and access to the private key. The funds are all yours!

Fund Recovery

It's easy to recover your account if you forget your password. Suitable for those who are forgetful!

There is no hope if the private key or recovery phrase is lost. Look after it carefully, it's like a safe key!

Security

More vulnerable to hacking because it is always online.

It's safer because it's not always connected to the internet. But, you should still be careful about saving the private key and recovery phrase.

Create an Account

Complicated with KYC and AML processes.

Faster and simpler because there is no KYC/AML.

Experience

Easier to use, suitable for beginners.

Requires a little technical knowledge. Maybe somewhat tricks make a new dive into the world of crypto. But, you get used to it after a while. Guaranteed safe!

Best Solana Wallet

As already mentioned, the wallet is for interacting with dApps and managing digital assets safely. So, if you want to play on the Solana blockchain, there are many choices of crypto wallets that you can try. Here are the most popular ones:

1. Phantom

Since its inception, more than three million people have voted Phantom as their mainstay wallet. So, you could say this is one of the most trusted and popular wallets in the crypto world.

Some of our mainstay features include multi-chain capabilities, Cross-Chain Swapper, a cool NFT experience, and of course good security.

Multi-chain Capabilities: Although Phantom was originally on Solana, we now also support the Bitcoin, Ethereum, and Polygon blockchains. So, you can experience Solana, Bitcoin, Ethereum, and Polygon without any hassle through just one application: your Phantom wallet.

Cross-Chain Swapper: Assets like tokens and NFTs are exclusive to the blockchain on which they are created. For example, Ether (ETH) or NFT Bored Ape Yacht Club (BAYC) are originally from the Ethereum blockchain, while SOL and NFT are Solana assets. Other assets such as stablecoins (USDC or USDT) exist on many blockchains, but USDC on Ethereum is a different technology from USDC on Solana.
So, what if you want to use your USDC on Ethereum to trade coins, tokens and NFTs on Solana? Well, that's what our Cross-Chain Swapper is for. This feature allows you to convert tokens from one chain to another chain quickly and at low cost.

staking plpa 20% apy

Security: One of the main pillars of crypto is self custody, meaning you as a user must have full control over your assets at all times. To realize this vision, we are very committed to security matters. 

Some of our security features include:

- Scam detection for dangerous transactions

- Open-source blocklist to avoid phishing sites

- Does not track personally identifiable information

- Code audits from Kudelski Security, a top software audit company trusted by technology companies around the world

- Bug bounty program for white-hat hackers

Even though we've been the leading wallet on Solana since the beginning, there are also some other great options, like Backpack, Solflare, and Espresso Cash.

2. Backpack

Multi-chain support: Backpack is available for Solana and Ethereum.

Backpack Exchange: The Backpack Wallet is the most suitable wallet for Backpack exchange, because both are made by the same team.

NFT Collection Locking: Once this feature is activated, transaction signature requests for the selected NFT collection in the user's Backpack wallet will be automatically rejected. So, your wallet is safe from being "dredged" and your assets remain safe.

xNFTs: On Solana, NFTs can be upgraded to xNFTs. xNFT is basically an application that enables rich and immersive token-gated experiences. These two experiences have been demonstrated: games in the wallet and videos in the wallet.

3. Solflare

Provenance: Solflare it's the first Solana wallet.

Staking: The Solflare team manages one of the largest Solana validators, so you can stake your SOL to get rewards.

MetaMask Snaps: Solflare works together MetaMask create a white label service that allows MetaMask users to interact with Solana dApps from their Ethereum wallets.

4. Espresso Cash

FX: Espresso Cash fokus banget sama cross-border currency exchange.

Payments: To make it even more convenient, Espresso Cash allows users to easily share a secure link or QR code on any social platform for instant fund transfers.

Open source: Espresso Cash software is open and accessible to the public.

Best Ethereum Wallet

So, I already discussed the Solana wallet. Now, let's take a look at the top Ethereum wallets.

1.Phantom

As mentioned above, we also support Ethereum and Polygon. The features we mentioned earlier (Cross-Chain Swapper, Shortcuts, etc.) can also be used on this chain.

2. MetaMask

Consensys backing

MetaMask was developed and managed by Consensys, the backbone of the Ethereum blockchain. Consensys was founded by Joseph Lubin, who contributed a lot to Ethereum in its early days.

MetaMask Snaps

Snaps is a wallet application created by a third-party developer for MetaMask. Snaps can connect to blockchain protocols outside of Ethereum, show insights about transactions, display notifications, add new privacy and identity features, and much more.

Open source

MetaMask software is open and accessible to the public.

3. Trust Wallet

Dapp access

With Trust Wallet, you don't need to browse the internet to access different blockchain applications. You can access them directly from your browser extension or mobile application.

Better swaps 

You can swap tokens and coins in your Trust Wallet—with more options and better prices than MetaMask.

Open source

Trust Wallet software is open and can be accessed by the public.

4. Rainbow

User Interface

Rainbow has one of the most beautiful user interfaces among Ethereum wallets.

User experience

Rainbow offers one of the fastest user experiences among Ethereum wallets.

Open source

Rainbow software is open and accessible to the public.

PLPA launchdrop 2

How to Make Your Crypto Wallet Safe?

Beware of scams and phishing attempts when interacting with crypto, NFT, and DeFi.

To help protect you and your assets, we have prepared security operations (OpSec) best practices when dealing with wallets.

Secret phrase

When you first prepare your wallet, there will be 12 (or more) random words generated. This series of words is known as a "secret phrase". This gives anyone access to your digital assets in your wallet—no password required. 

But it also helps you to access your wallet if you lose the device you installed the wallet on. Never share your seed phrase with anyone, no matter what.

Wallet setup

When you create a hot wallet, contact and link it to your cold wallet (for example Ledger or Trezor) before you do anything. By doing this, you can ensure that the connection between your hot wallet and cold wallet is safe and has not been tampered with.

Asset management

When you buy digital assets that you want to keep for a long period of time, you have to transfer them from your hot wallet to your cold wallet. By doing this, you disconnect your digital assets from the internet. So, if your hot wallet gets hacked and the perpetrator wants to "dry" your wallet (take out your digital assets), they can't.

Wallet operations

Always create lots of hot wallets for lots of use cases, like trading, minting NFTs, and connecting and using applications.

Read too 4 Best Physical Crypto Wallets for Safely Storing Coins

Hope this guide is useful for you! Take good care of your crypto assets!

Of course, here are 3 short FAQs based on the comparison of Custodial and Non-Custodial Wallets pictured:

FAQ: Custodial vs. Non-Custodial Wallet

What is the difference between custodial and non-custodial wallets regarding access to funds?

Custodial: Funds are controlled by the wallet provider.

Non-Custodial: You are in full control of your funds!

How do I recover funds if I forget the login info in each wallet?

Custodial: Easy to restore.

Non-Custodial: It cannot be recovered if the private key is lost.

Which wallet is safer from hackers?

Custodial: More vulnerable because always online.

Non-Custodial: It's safer offline, but the private key must be guarded carefully.

How to Buy Crypto on Bittime

Cara Beli NEW.webp

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

Jonathan G., Best crypto wallet: All you need to know (2025), Accessed February 24, 2025

Author: IN

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

Ramadan Referral
Auto Earn Ramadan