Top 5 Crypto Wallets With Built-in Exchanges | World news about and cryptocurrency

Crypto wallets with built-in exchanges let you trade assets without leaving the app, improving security and convenience. You avoid exposing private keys to external platforms, reducing the risk of hacks. Some offer decentralized swaps, while others connect to centralized exchanges.

Choosing the right wallet is crucial. Factors like security, non-custodial vs. custodial, supported assets, fees, and user control impact your experience. However, researching wallets is hard because of biased reviews, hidden fees, and varying security models.

You need to compare transaction fees, exchange rates, and security features. Testing a wallet with a small amount can help, but some drawbacks only appear with prolonged use. That’s why we conducted this research for you. In this guide, we break down the best crypto wallets with built-in exchanges, our research process, and key factors to consider.

Best Crypto Wallets With Exchanges Compared

Based on our thorough and comprehensive analysis, we’ve found the following cryptocurrency wallets with built-in exchanges to be the best options on the market right now:

Wallet	Supported Networks	Fiat Transactions?	Trading Fees
Best Wallet	50+	Yes	Third-party dependent
Exodus Wallet	50+	Yes	Fees start at 0.5%, in addition to third-party fees
Coinbase Wallet	14	Yes	Third-party dependent
Zengo	7	Yes	Up to 3% processing fee + up to 2% spread, in addition to third-party fees
Ledger Live	10+	Yes	Third-party dependent

Top Crypto Wallets With Exchanges Reviewed

As the chart above demonstrates, crypto wallets with exchanges can vary significantly. In this section, we’ll take a detailed look at the best crypto wallet options available right now, and consider each product’s pros and cons.

1. Best Wallet – Access a DEX, Staking, and Top Crypto Presales

The best crypto wallet with an exchange is Best Wallet, which is currently expanding its already impressive ecosystem. Best Wallet is a non-custodial wallet (giving users full control of their crypto assets), multi-chain (supporting over 60 blockchain networks), and has its own built-in DEX called Best Dex, where users can buy, sell, and swap thousands of tokens.

It also includes enhanced features, from staking to iGaming, and access to the best crypto presales – where users can purchase the newest crypto tokens before they become available for trading.

This wide range of features makes Best Wallet the ideal choice for anyone looking for a crypto wallet with an exchange. It’s available as a mobile app for iOS and Android, enabling users to take their crypto holdings wherever they go – with continuous access to every other feature whenever they might be needed.

Best Wallet Pros

Mobile app provides an easy-to-access interface
Wide range of features, including crypto swaps, buying, selling, staking, iGaming, and more
Best DEX does not require KYC to begin trading
Access to the best crypto presales
$BEST token (currently available in presale/ICO stage) enables lower fees, exclusive presale access, higher staking rewards, and more
Powerful security, including biometric authentication and 2FA
Self-custody comes as standard via non-custodial secure storage (so users fully control their cryptos)
Access to thousands of tokens and over 60 blockchain networks

Best Wallet Cons

More advanced features, such as market insights and portfolio management tools, are still in development (although this shows commitment to product expansion)
Live chat not available 24/7

2. Exodus – User-Friendly With No KYC

Crypto traders and investors looking for a simple and straightforward way to store, buy, sell, and swap their crypto would do well to consider Exodus. It’s a software wallet with a built-in exchange and relatively few additional features (although it does provide access to some Web3 dApps). No KYC process is required to get started with Exodus, making the setup process quick and hassle-free.

Security-conscious crypto users should note, however, that Exodus doesn’t use 2FA as a security measure – although it does enable full self-custody and control of your cryptos. This potential issue is mitigated somewhat by 24/7 customer support access, and Exodus has also partnered with Trezor (a crypto hardware wallet manufacturer), offering more advanced security measures.

With millions of supported crypto assets and millions of users, Exodus has proven itself as a worthy crypto wallet with an exchange. It’s a strong all-rounder for crypto traders and investors alike, albeit one with a relatively limited array of extra functionalities.

Exodus Wallet Pros

Non-custodial, so you retain control over your cryptos
Simple and easy-to-use interface
No KYC needed
Integrated exchange makes trading and investing easy
Staking supported
Web3 dApp access
24/7 customer support

Exodus Wallet Cons

No 2FA option
Limited range of features
Trading fees can be significant (1% to 3%)
Credit and debit card purchase fees can also be high

3. Coinbase Wallet – Useful Wallet for Crypto Beginners

Designed with crypto beginners in mind, Coinbase Wallet offers a compact but powerful crypto wallet with an exchange. Users can easily swap, store, buy, and sell cryptos, with access to hundreds of thousands of tokens and dApps. They can even join DAOs, earn rewards through educational quests, and experiment with a DeFi wallet – all within one app.

However, for more experienced users who value their privacy, Coinbase Wallet’s KYC (Know Your Customer) requirements may prove too restrictive. Coinbase also prioritizes compliance with regional regulators.

This could potentially lead to the removal or limitation of some Coinbase Wallet functions in the future. It may also mean that new and innovative features adopted by other wallets do not become available on Coinbase Wallet at all, limiting users’ ability to benefit from the latest Web3 technologies.

Coinbase Wallet Pros

Beginner-friendly crypto wallet with built-in exchange
Access to Web3 dApps
Educational quests with crypto rewards
Potentially low fees (up to 1%)

Coinbase Wallet Cons

Mandatory KYC required
Focus on regulatory compliance could limit features and expansion

4. Zengo – Dedicated to Maximum Security

With three-factor authentication, MPC (multiparty computation) cryptography, a Web3 firewall, and a facial recognition function, Zengo offers one of the most secure crypto wallet solutions on the market. It’s even removed the need for private keys and seed phrases altogether.

It has built a strong customer support service to help users easily regain access to their cryptos if locked out. These functions add to a great hot wallet aimed at security-focused crypto enthusiasts. Beyond its formidable security measures, Zengo also provides access to Web3 dApps and a decentralized exchange powered by multiple third-party service providers.

Importantly, these third parties also require Zengo users to go through a mandatory KYC process, sacrificing privacy for security and access to a range of trading and investment options. Trading fees can also vary depending on the service provider – so day traders may have to deal with significant unpredictability when opening and closing short-term positions.

Zengo Wallet Pros

Extremely high security
No private keys or seed phrases required
24/7 customer support, including account recovery
Access to Web3 dApps and built-in exchange

Zengo Wallet Cons

Mandatory KYC
Variable and unpredictable trading fees

5. Ledger Live – Paired With Crypto Hardware Wallets

Unlike the other crypto wallets with exchanges featured in this article, Ledger Live is a companion app that can only be used by customers who first purchase a Ledger hardware device (cold wallet). As well as providing easy crypto swaps, purchases, and staking, Ledger Live also enables users to update their hardware device’s firmware within the app.

However, its limited functionality makes it better suited for crypto users looking to secure large portfolios, rather than active day traders who need to open and close positions at a rapid pace. On the hardware side, Ledger’s range of crypto cold storage wallets is truly impressive.

Combining solid security with sleek and stylish designs, products like the Ledger Nano, Ledger Stax, and Ledger Flex have quickly become iconic — the crypto equivalent of an Apple iPhone or iPod. Like Apple, Ledger has also produced a range of accessories (including cases and chargers) that make holding crypto feel as real as it gets.

Ledger Live Pros

Simple and convenient interface
Manage your Ledger hardware device within the app
Swap, stake, and purchase cryptos
Good for holding a large crypto portfolio

Ledger Live Cons

Requires users to purchase a Ledger hardware device
Very limited functionality
Not ideal for day traders

What Is a Wallet With an Exchange?

A crypto wallet is essentially a piece of software that enables users to interact with one or more blockchains in various ways. In its most basic form, a crypto wallet allows you to directly manage your digital assets – which it’s important to note are stored on a blockchain, not within the crypto wallet itself. Early crypto wallets could be used to send and receive cryptocurrencies and crypto tokens to and from other wallets – but today, crypto wallet companies have also integrated a host of new functions into their products.

A crypto wallet with an exchange is one example of this expanded crypto wallet functionality, combining the security and confidence that come with a self-custody wallet alongside access to an integrated trading platform. Such platforms usually take the form of decentralized exchanges (DEXes), where users can buy, sell, and swap their cryptos without needing to connect to a separate service or send their funds elsewhere.

Since modern crypto wallets with exchanges can connect to a wide range of blockchain networks and allow users to manage and trade various crypto assets, they offer unparalleled convenience to crypto enthusiasts worldwide.

Methodology: How We Ranked the Top Wallets With Exchanges

Ease of Use (20%)

For a crypto wallet with an exchange to be truly useful, it must be convenient and easy to use. This made ease of use a critically important factor when reviewing these products.

Supported Coins and Networks (20%)

For crypto traders and investors to get the most out of their crypto activities, they need access to as many crypto coins and blockchain networks as possible. In order to determine the best possible crypto wallet options with exchanges, we looked at vital statistics such as the number of cryptos and networks that users can access for trading and investment purposes.

Range of Payment Options (20%)

Our analysis found that all of the best crypto wallets with exchanges offer fiat transaction options. However, the availability of this feature will vary depending on which country you’re in. For users unable to make direct fiat purchases or withdrawals within a given wallet, it should still be possible to use another fiat onramp (and/or offramp), again depending on your location. This is less convenient – but once your crypto arrives in your wallet, you’ll have full control over it as usual.

Trading Fees (20%)

As we’ve seen, trading fees for both fiat and crypto transactions can vary greatly when considering which crypto wallet with an exchange is best for a particular trader or investor. Some wallet options, as they use third-party trading solutions, can involve highly unpredictable trading fees, while others (such as Best Wallet) make it clear that they aim to minimize fees as much as possible.

Number of Active Users (20%)

The crypto wallets we’ve considered in this article are well-established and have significant and growing user bases. The specific number of active users generally depends on how long a particular wallet or company has been active within the crypto space.

So, products like Coinbase Wallet, Exodus Wallet, Zengo, and Ledger Live have already established large user bases. Meanwhile, Best Wallet is rapidly growing its user base through its focus on innovation, new features, and access to the hottest new crypto presales.

The Advantages of Wallets With Exchanges

When considering whether or not a crypto wallet with an exchange is the right choice for you, it’s important to bear in mind a number of key factors. First, we’ll look at some of the advantages of these products – and then we’ll also explore some of the potential drawbacks.

Stronger Security

Security is arguably the most important advantage provided by modern crypto wallets. As global crypto adoption continues to increase, bad actors such as hackers and scammers are employing more and more sophisticated techniques aimed at stealing their victims’ crypto assets. With a crypto wallet, you always retain control of your private keys – so you can feel safe knowing that access to your funds will remain as secure as you can possibly make it.

Ease of Use and Convenience

Alongside security, modern crypto wallets also provide maximum convenience to their users and are designed to be easy to use. Crypto wallets with exchanges maximize this convenience and ease by combining powerful functionalities (such as swapping and trading crypto) with the security and portability of a normal crypto wallet.

Unlike traditional trading platforms, the trading interfaces used by these special crypto wallets normally connect users to decentralized crypto exchanges and services. This means you can maintain exclusive access to your cryptos while also enjoying the experience of trading, investing, and profiting from your efforts.

Faster Trading Speed

By removing the need to move your funds out of your crypto wallet and onto a separate exchange, crypto wallets with built-in exchanges make it easier than ever to trade and invest at the highest speeds possible. If the market moves in your favor, you might need to move quickly to maximize your profits – but this can be difficult when using a normal self-custody crypto wallet. When your crypto wallet has an exchange built-in, the faster trading speed can mean the difference between missing an opportunity or taking advantage of it.

Reduced Risk of Transaction Errors

Since crypto wallets with exchanges are designed to be simple and easy to use, you can also benefit from a lower probability of potentially disastrous mistakes. For example, if you send some crypto to the wrong wallet address (or even get one character of a wallet address wrong), you could easily lose those funds forever.

Modern crypto wallets normally provide some safeguards to protect users from these mistakes (such as popup messages or automated address checking), making the whole process less complex and easier to manage.

Drawbacks of Wallets With Exchanges

A crypto wallet with an exchange can be an incredibly powerful tool for modern investors and traders – but there are sometimes drawbacks to consider, too. In this section, we’ll go through some examples of why traders may not want to use a wallet created on an exchange.

Limited Trading Pairs

Sometimes, crypto wallets with exchanges only offer a limited number of trading pairs. The smaller the selection of trading pairs, the fewer opportunities users have to capitalize on the best trading and investment opportunities that might be available at a given moment.

This ultimately limits a user’s ability to profit from crypto trading and investments – and even if they move their funds to another platform, it might be too late by the time the funds arrive at their destination.

Higher Trading Fees

Trading fees reduce the amount of profit that can be made from a given trade – and although these fees typically add up to a relatively negligible amount for investors who hold highly profitable investments for long periods of time, they can significantly impact the profitability of short-term trading strategies.

Day traders, in particular, can find it difficult to make profitable trades if a platform’s trading fees are too high, making fees an important consideration for users looking to open positions for hours or even minutes before closing them again.

It’s also worth noting that some crypto wallets with built-in exchanges provide access to multiple trading service providers – each of which determines its own trading fees and spreads (the difference between the price shown to a buyer and the price shown to the seller).

Spreads can sometimes be considered as indirect trading fees because trading platforms may keep some of the difference between the prices shown to buyers and sellers without specifying the exact amount.

Lack of Liquidity

Investors looking to manage large portfolios (and day traders looking to quickly jump in and out of positions) can find it difficult to manage their investments and trades during low-liquidity conditions.

The lower the volume of trading activity taking place at a particular time, the easier it is for large buys and sells to move crypto prices by significant amounts – and slippage also becomes a problem.

Slippage essentially means that a trade is executed at a different (and usually less favorable) price from the one the trader or investor originally intended. It is common when placing market orders (which are especially popular with day traders due to their immediate execution speed).

Potential liquidity issues may be less of a concern for users who can tolerate higher price volatility and unpredictable order execution, but investors and traders aiming for maximum control and near-perfect execution can find them problematic.

Fewer Trading Tools Available

Highly experienced traders can eventually develop an “eye” for good trades and be able to apply detailed and effective analysis simply by looking at a chart without the assistance of drawing tools and technical indicators.

That said, many other traders still prefer to apply more advanced technical analysis programs (such as personally customized trading indicators) and pixel-perfect drawings before making their own trading decisions.

Both options are valid – but crypto wallets with exchanges usually provide relatively few technical analysis options, and some “swap” interfaces do not include charts at all (requiring users to find a relevant or similar chart on a platform like TradingView instead).

For day traders (and investors looking to make their buys and sells as perfect as possible), a lack of technical analysis tools can make decision-making difficult. However, this ultimately comes down to the user’s individual trading and investment style – and if a particular crypto makes a sudden gain of 10x or even more, the decision to sell may become very simple and easy to make.

Who Are In-Wallet Exchanges Suitable For?

Casual and Beginner Traders

Crypto beginners can benefit from experimenting with as many trading and investment approaches as possible, enabling them to quickly gain experience and learn which styles work best for them.

Crypto wallets with exchanges offer a simple and accessible way to trade cryptocurrencies and invest while providing enhanced security and control through self-custody. This makes them a great option for casual users and beginners who want to gain some crypto experience before exploring more advanced trading and investment platforms.

Low Volume Traders

As we saw earlier, traders using crypto wallets with built-in exchanges can encounter low liquidity conditions, leading to slippage and high price volatility. These issues can be highly problematic for day traders and investors who manage large portfolios.

However, low-volume traders (who open relatively small positions and make relatively few buys and sells) may be less concerned about liquidity issues, as they’re looking to gain experience or perhaps make massive profits from their investments in crypto presales or low-cap tokens.

Security-Conscious Traders

Although the crypto industry is a fun and exciting world to explore, protecting yourself against bad actors like hackers and scammers is vitally important. Traders and investors who prioritize security will find crypto wallets with exchanges to be a perfect solution, enabling self-custody and access to trading platforms.

As these products become increasingly popular, issues like low liquidity and limited trading pairs will eventually be resolved. So, exploring crypto wallets with built-in exchanges is a good idea for finding an option that works for you.

Conclusion

Throughout this article, we’ve examined the best crypto wallets with exchanges. We’ve considered the top five wallet options, considered the pros and cons of each product (and crypto wallets with exchanges in general), and revealed some fascinating insights into each choice.

Overall, our top choice for the best crypto wallet with an exchange is Best Wallet due to its innovative features, its focus on user experience, its security and reliability, and access to all of the best crypto presales in the industry right now. As a next step for crypto traders and investors looking for their new favorite crypto wallet, we recommend visiting Best Wallet using the button below:

FAQs

What is the best crypto wallet with an exchange?

By applying a thorough and comprehensive review process, we’ve found that Best Wallet is the best crypto wallet with a built-in exchange.

Should you use an exchange in a crypto wallet?

Exchanges integrated within crypto wallets can be a great choice for beginners and more experienced traders and investors – especially if security is a concern. We recommend trying them out to gain experience with different crypto products and find out which one suits you best.

Is it better to trade coins in a wallet or on an exchange?

By using a crypto wallet with an exchange, you technically don’t need to make this choice at all, as all the required functions are available within one app. However, investors and traders managing very large portfolios and trading positions may prefer other options – such as centralized exchanges or OTC trading services. Most crypto users who don’t need to manage whale-level positions should find crypto wallets with built-in exchanges suitable for their needs.

What fees do crypto wallet exchanges charge?

This largely depends on how a specific crypto wallet and exchange works and can vary significantly from product to product. Some wallets (such as Zengo and Ledger Live) integrate third-party services into their apps (making fees difficult to predict). In contrast, others (such as Coinbase Wallet and Exodus) offer more predictable fees that may still vary within a limited range. Meanwhile, Best Wallet – our top pick – minimizes fees, and $BEST token holders can also benefit from significant fee discounts.