A cryptocurrency wallet is essential for managing your crypto assets securely. Whether you're buying, selling, trading, or storing digital currencies, the right wallet ensures safety and convenience. After extensive research and testing of 40+ wallets in Canada, Iβve curated this list of the top 7 options for 2025, including free and paid choices.
π Discover the best crypto wallet for your needs
Best Crypto Wallets in Canada: Top Picks
| Wallet | Key Features | Staking Support | Pricing | Canada-Friendly? |
|--------------|---------------------------------------|-----------------|----------|------------------|
| Zengo | MPC security, no private keys | Yes | Free | Yes |
| Uphold | 250+ assets, automated transactions | Yes | Free | Yes |
| Tangem | Cold storage, NFC-enabled cards | Yes | $54.90 | Yes |
| Kraken | Advanced trading, institutional security | Yes | Free | Yes |
| Crypto.com| Top-tier encryption, debit card rewards | Yes | Free | Yes |
1. Zengo β Best for Keyless Security
π Explore Zengoβs secure wallet
Features:
- MPC Technology: Eliminates private keys with multi-party computation.
- 3-Factor Recovery: Combines email, encrypted file, and FaceLock.
- 380+ Assets: Supports BTC, ETH, and NFTs with CAD on-ramps.
- Theft Protection: Pro version adds Web3 firewall and withdrawal locks.
- In-App Staking: Earn yields without external protocols.
Pros:
β
Beginner-friendly
β
No seed phrases
β
24/7 live support
Cons:
β Mobile-only (no desktop version)
2. Uphold β Best for Multi-Asset Trading
Features:
- 250+ Cryptocurrencies: Trade BTC, XRP, and metals like gold.
- Auto DCA: Set recurring buys for dollar-cost averaging.
- Transparent Reserves: Real-time audits every 30 seconds.
Pros:
β
Easy fiat integrations (CAD/USD)
β
Cashback debit card
Cons:
β Basic charting tools
3. Tangem Wallet β Best Hardware Option
Features:
- Cold Storage: NFC cards with secure-element chips.
- Seedless Design: Optional passphrase backup.
- DEX/CEX Integration: Trade directly in-app.
Pros:
β
Affordable ($54.90)
β
IP68 waterproof rating
Cons:
β No NFT support
4. Kraken β Best for Advanced Traders
Features:
- 200+ Coins: Futures, margin, and staking.
- Pro Tools: Advanced TradingView charts.
- Regulated: Compliant with Canadian laws.
Pros:
β
Zero hacks since 2011
β
High liquidity
Cons:
β Steeper learning curve
5. Crypto.com β Best for DeFi Rewards
Features:
- Visa Card: Up to 5% cashback in CRO.
- Secure Enclave: Biometric protection.
- Earn Programs: Up to 10% APY on staking.
Pros:
β
Strong mobile app
β
Low fees with CRO stake
Cons:
β High fees for non-stakers
FAQ
Whatβs the safest crypto wallet in Canada?
Zengo offers MPC security without private keys, while Tangem provides offline cold storage.
Can I stake crypto in Canadian wallets?
Yes! Kraken, Crypto.com, and Uphold support staking with competitive APYs.
Are hardware wallets worth it?
For large holdings, Tangemβs $54.90 hardware wallet adds critical offline security.
Final Verdict
- Best Overall: Zengo (keyless security + staking)
- Best for Traders: Kraken (advanced tools)
- Best Hardware: Tangem (budget cold storage)
Choose based on your priorities: security (Zengo), trading (Kraken), or offline storage (Tangem).
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