The decentralized wallet can store over one million cryptocurrencies which is one of the highest in this comparison list. When it comes to wallet security, Crypto.com’s DeFi wallet hosts all the measures one would expect from a modern, non-custodial digital wallet. The Crypto.Com DeFi wallet is flush with useful features, many of which one would find on the main exchange. As part of its evolution, Crypto.com introduced its own non-custodial DeFi wallet that integrates seamlessly with the main trading platform. Moreover, Coinbase Wallet comes with an in-built earning function, so users can passively earn crypto interest on various assets.
One of those features is the wallet's multisignature — or multisig — capabilities. The Ledger Nano S Plus is our top pick for best value because it offers the same high level of security and most of the same features as the Ledger Nano X — but at nearly half the price. You can securely store the keys to over 5,500 crypto assets and NFTs and put your assets to work through staking — all while on the go. It remains our pick for the best overall hardware wallet again in 2025 and for good reason. Keep in mind that these picks are suggestions and that the best hardware wallet for you will depend on your individual needs. The best cold storage wallet depends on your specific needs, whether it’s versatility, security, or design. Remember, it’s important to backup your cold wallet to make sure that you can recover your assets in any scenario.
Independent Reserve's fee starts at 0.5% per transaction and can be reduced to 0.02% based on the past 30 day's trading volume. However, Independent Reserve does have zero AUD fee deposit options and supports AUD, USD, SGD, and NZD. Unlike Swyftx, there is no option to pay for crypto with a debit or credit card. Independent Reserve is a Sydney-based exchange founded in 2013. It is possible to follow an investor to copy their trades using the available trading account balance automatically. The lesser-known altcoins will have a higher spread charge as the trading volume is lower.
Crypto wallets fall into two broad categories based on how they store and access your private keys — hot wallets and cold wallets. Most exchanges support major cryptos like BTC, ETH, and SOL, but if you’re into altcoins or staking, dig deeper. Binance Australia is the local arm of the world's largest cryptocurrency exchange by trading volume.
Australian users can easily deposit and withdraw Australian dollars (AUD) via bank transfer, credit cards, and PayID, among other methods. Additionally, while Independent Reserve offers advanced trading tools, its interface may feel less intuitive for beginners. These tools help users manage their portfolios and simplify tax obligations.
Supporting over 5,500 cryptocurrencies, it’s perfect whether you’re a Bitcoin maximalist or love exploring lesser-known altcoins. If protecting your assets is your top priority, this wallet deserves serious consideration. Its standout feature is security, with a CC EAL5+ certified secure element chip that ensures your private keys are never exposed. Let’s explore the best wallets for Australians. Many investors keep small amounts in hot wallets for transactions while storing the majority in cold wallets. As someone who’s been in crypto for 7 years, I’ll share my personal thoughts because, let’s be real, no wallet is perfect. These devices are like vaults for your digital assets, but not all are created equal.
While small in stature, the wallet has an LCD display and small buttons to operate when connected to Ledger’s downloadable software, Ledger Live. The Ledger Nano X is likely their most popular product, boasting a well-balanced compromise between convenience and offline security. The company has been around since 2014 and in that time has delivered various high-security products to investors. Alongside a slew of useful features, ZenGo is a perfect choice for investors.
The platform has been operational for over a decade after being founded in China in 2013 and has helped 20M+ people build their digital currency portfolios. The company also supports advanced security measures such as 2-Factor Authentification (2FA) and breached password detection. However, experienced investors can benefit from its features and competitive fees too.
As part of the set-up process it is necessary to designate a wallet. One of the ways miners get around this is by combining their mining power with other users to form a mining pool. Avoid sponsored links as hackers have been known to game the Google ads system to force malware onto unsuspecting users. Once you’ve selected the right hardware the next step is to download mining software.