When it comes to long-term cryptocurrency storage, choosing the right wallet is essential for security and peace of mind. Here are some of the best cryptocurrency wallets for long-term storage in 2025, categorized into hardware and software wallets:

1. Hardware Wallets (Cold Storage)



Hardware wallets are physical devices that store your cryptocurrency offline, making them immune to online hacks and cyber threats. They're considered the safest option for long-term storage.

a) Ledger Nano X

  • Type: Hardware Wallet
  • Supported Cryptos: Over 1,800 cryptocurrencies including Bitcoin, Ethereum, Litecoin, and more.
  • Security Features: Uses secure chip technology, supports two-factor authentication (2FA), and encrypted backups.
  • Pros: Wireless Bluetooth support, highly secure, portable, supports multiple coins.
  • Cons: Higher price point compared to some other hardware wallets.

b) Trezor Model T

  • Type: Hardware Wallet
  • Supported Cryptos: Over 1,600 cryptocurrencies including Bitcoin, Ethereum, XRP, and more.
  • Security Features: Built-in screen for confirming transactions, PIN protection, and seed phrase backup.
  • Pros: Open-source software, touchscreen interface, very secure.
  • Cons: Higher price than some alternatives.

c) KeepKey

  • Type: Hardware Wallet
  • Supported Cryptos: Bitcoin, Ethereum, Litecoin, and others.
  • Security Features: Secure chip, 2FA, PIN protection, and backup seed phrase.
  • Pros: Easy-to-use interface, affordable.
  • Cons: Supports fewer coins than Ledger and Trezor.

2. Software Wallets (Hot Storage)

Software wallets are digital applications that store your crypto online, offering more convenience for active trading but potentially more vulnerability to online threats. Some are better suited for long-term storage than others.

a) Exodus Wallet

  • Type: Software Wallet (Desktop & Mobile)
  • Supported Cryptos: Supports over 100 cryptocurrencies including Bitcoin, Ethereum, and Litecoin.
  • Security Features: Strong encryption, backup seed phrase, integration with hardware wallets like Trezor.
  • Pros: Beautiful interface, integrates with exchange for swapping coins, easy to use.
  • Cons: As a hot wallet, it’s more vulnerable to online threats than hardware wallets.

b) Electrum Wallet

  • Type: Software Wallet (Desktop & Mobile)
  • Supported Cryptos: Primarily Bitcoin.
  • Security Features: Supports multi-signature transactions, encrypted backups, and cold storage options.
  • Pros: Lightweight, fast, and customizable. Great for more experienced users.
  • Cons: Limited to Bitcoin, less beginner-friendly than some other wallets.

c) Mycelium Wallet

  • Type: Mobile Wallet (Android & iOS)
  • Supported Cryptos: Bitcoin, Ethereum, and a few other coins.
  • Security Features: Local encryption, seed phrase backup, hardware wallet support (e.g., Trezor).
  • Pros: Mobile-focused, private transactions, integrates with hardware wallets for added security.
  • Cons: Limited coin support, may not be ideal for beginners.

3. Custodial Wallets (Exchange Wallets)

Custodial wallets are wallets provided by exchanges where the platform manages your keys. While convenient for trading, they aren't as secure as hardware wallets for long-term storage due to the risk of exchange hacks.

a) Coinbase Wallet

  • Type: Custodial Wallet (Exchange)
  • Supported Cryptos: Bitcoin, Ethereum, Litecoin, and others.
  • Security Features: Two-factor authentication (2FA), insurance protection (on stored funds).
  • Pros: Easy to use, high liquidity, insured funds.
  • Cons: You don’t control your private keys, vulnerable to exchange risks.