Best Algorand Wallets in 2025: Tested & Verified

Imagine investing $50,000 in Algorand, confident in its potential, planning to HODL for at least five years. Then, one fine morning, you wake up to find that some hackers have drained your holdings. And you sit there with a long face, regretting, feeling guilty, contemplating an exit from crypto. Well, this could be your story if you don’t take wallet security seriously.

In 2024 alone, crypto scams cost investors over $10 billion, and these threats are continuing to rise in 2025. That’s why choosing the right Algorand wallet is essential, whether you already own ALGO or are planning to buy some.

To help you make an informed decision, we have thoroughly researched and compiled a list of the best ALGO wallets in 2025. Our list includes various options, from the best ALGO wallets for DeFi to the top web wallets for ALGO. Our team of experts has tested and ranked these wallets based on key factors such as security, user experience, staking support, compatibility, transaction fees, and customer support. With this guide, you will be able to store your ALGO coins safely and confidently.

Best Algorand Wallets: Summary

To make things easier for you, we have listed some of the best hardware and software crypto wallets. For the hardware wallets, we have selected two excellent entry-level wallets from Ledger and ELLIPAL. Software wallets in the list have a great mix of versatility and specialization. Whether you are a crypto expert or a beginner, there is something for you on this list. For your better understanding, we have also created guides on how to setup Algorand wallets and mistakes to avoid when practicing self-custodianship in crypto.

Best Wallets for Algorand Reviewed

Best Algorand Wallets in 2025

Before diving into the best ALGO wallets available, take a moment to learn about ‘What is Algorand’ and how it stands apart from other blockchains. With Algorand’s fast, low-cost transactions and growing DeFi ecosystem, having a reliable wallet can enhance your experience. In this guide, we break down the best ALGO wallets of 2025, detailing their security, features, and user-friendliness for beginners as well as for advanced traders.

Best Wallet: Most Secured Crypto Wallet Supporting over 60+ Blockchains

Best Wallet is one of the top non-custodial wallets available in the market today. It isn’t just a wallet for holding your cryptocurrencies, it is more of one-stop shop for all your crypto needs. The wallet has an in-app decentralized exchange that aggregates liquidity from over 50 DEXs. This helps users get good exchange rates with minimal fees. This wallet also supports thousands of cryptocurrencies across 50 major blockchains.

Interestingly, the ‘Upcoming Tokens’ section in the app helps investors find and invest in the best crypto presale projects. Best Wallet’s commitment to security is unmatched. Users retain complete ownership of their private keys and seed phrases. The wallet includes 2FA to add an extra layer of security and supports biometric authentication methods, such as fingerprint or facial recognition.

To know more about this wallet, check out our separate Best Wallet Review 2025: Is It a Safe Crypto Wallet?

Best Wallet Key Features

Its native $BEST token powers the Best Wallet ecosystem. It offers benefits such as reduced transaction fees and higher staking rewards. Currently, $BEST or the Best Wallet token is in the presale stage with promising growth potential. The team is also working on their Best Card, which will allow users to spend their crypto holdings for real-world transactions, exactly functioning like traditional debit cards.

Here are some of the top features of Best Wallet that you should be aware of:

Best Wallet Pros & Cons

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Ledger Nano S Plus: Best Algorand Hardware Wallet

Hardware crypto wallets created by Ledger are best known for their security and the Ledger Nano S Plus is the crypto wallet manufacturer’s most popular product due to its simple design, ease-of-use and affordable price.

Ledger Nano S Plus is a physical device that stores the private keys of your cryptocurrencies. It is the latest version of the original Ledger Nano S wallet. The biggest draw of Ledger’s device is the extra layer of security it provides by storing cryptocurrencies offline.

Unlike software crypto wallets which are always connected to the internet, hardware wallets like Ledger Nano S Plus store your cryptocurrency assets in isolation. The offline setup keeps your crypto assets safe by preventing any interaction with smart contracts, which hackers often exploit to steal funds. This is the reason why crypto investors choose to use hardware wallets as a “savings” account to store majority of their crypto portfolio. Ledger Nano S Plus supports multiple blockchain networks with the Algorand blockchain being one of them.

If you are interested in reading more about this wallet, check out our comprehensive Ledger Nano S Plus review.

Ledger Nano S Plus Key Features

The Ledger Nano S Plus comes with features such USB-C connectivity, OLED display and element chip security. The USB-C connectivity allows you to seamlessly connect your Ledger wallet to your desktop device and the OLED display notifies you with transaction approval notifications. Meanwhile the secure element chip protects sensitive data stored within the wallet.

Here are the key features of the Ledger Nano S Plus which make it an excellent choice to secure your Algorand coins:

Ledger Nano S Pros & Cons

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ELLIPAL Titan Mini: Top Cold Wallet for Securing Algorand

ELLIPAL Titan Mini is the second hardware wallet recommendation to store your Algorand coins  if security is your top priority. The Titan Mini is ELLIPAL’s entry-level hardware wallet that supports about 40 blockchains and over 10,000 tokens. The device has a simple design and user-friendly interface makes it a competitive alternative to the Ledger Nano S Plus wallet we talked about earlier.

The biggest difference between the the Ledger Nano S Plus and the ELLIPAL Titan Mini is the lack of USB connectivity in ELLIPAL’s offering. Instead, the ELLIPAL Titan Mini relies on a QR code-based system for connectivity and transaction verification. The ELLIPAL Titan Mini also offers a larger 2.7 inch screen compared to Ledger Nano S Plus’ 1 inch screen, which allows users to thoroughly verify signature requests. However, the ELLIPAL Titan Mini comes at a higher price of $99 compared to Ledger Nano S Plus’ price.

ELLIPAL has a token management mobile application called the ELLIPAL App. You can store and swap Algorand-based tokens using the ELLIPAL App. However, buying and staking Algorand tokens are not possible on the ELLIPAL App.

To know more about this wallet, check out our ELLIPAL Titan Mini Review for 2025.

ELLIPAL Titan Mini Key Features

The ELLIPAL Titan Mini cold wallet is loaded with features designed to maximize token protection. The device comes with two-factor authentication. You can set up a PIN and password to protect device access. Furthermore, the ELLIPAL Titan Mini wallet also comes with an auto-self destruct feature that allows you to delete data stored on it.

In addition to the above mentioned features, here are some useful ELLIPAL Titan Mini features which make it a great choice to secure your Algorand coins:

ELLIPAL Titan Mini Pros & Cons

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Trust Wallet: Easy-to-Use ALGO Wallet for Beginners

Trust Wallet is a self-custodial software wallet that allows users to store, send, receive, swap and stake cryptocurrencies, including the high-risk high reward crypto coins. It is known for its multi-cryptocurrency support, built-in web3 browser, staking features, NFT support and close integration with Binance, the world’s largest cryptocurrency exchange by trade volume.

Trust Wallet has supported the Algorand blockchain since June 2020. Algorand users looking for a user-friendly crypto wallet can take advantage of Trust Wallet’s multi-platform availability as the software is available to download as a mobile application and as a browser extension.

Well, on a side note, if you are someone who wants to participate in crypto gambling using Trust Wallet, you should check out our article on Best Trust Wallet Casinos 2025.

Trust Wallet Key Features

Trust Wallet has been around since 2017 and is currently used by over 140 million users around the world. Over the years, Trust Wallet has improved its platform to cater to crypto users who are looking to have full control over their assets.

Here are some key features of Trust Wallet that Algorand token holders should know about:

Trust Wallet Pros & Cons

Coinomi Wallet: Top Desktop & Mobile Wallet for Algorand

Coinomi is a software-based crypto wallet that is known to support the broadest range of blockchain networks. Coinomi supports more than 1,700 cryptocurrencies and 125 blockchains including popular names such as Bitcoin and Ethereum as well as niche networks such as Hedera and Monero. So if you are Algorand holder who loves to explore lesser-known crypto ecosystems, Coinomi could be the wallet for you.

Coinomi is also known for its privacy-preserving properties as the wallet automatically refreshes your addreses everytime you receive funds. Furthermore, Coinomi does not ensure know-your-customer (KYC) requirements and it doesn’t even track transactions and IP addresses.

Check out our separate Coinomi Review to know more about this software wallet.

Coinomi Wallet Key Features

Founded in 2014, Coinomi is available as a smartphone and a desktop application. I downloaded Coinomi on my MacBook to learn more about the wallet and I was given the option to secure my wallet using passkeys, password or both. For my own convenience, I chose the first option.

Here are key features of the Coinomi Wallet you need to know about:

Coinomi Pros & Cons

Pera Algo Wallet: Best Algorand Wallet in 2025

Pera Algo is widely considered as one of the best Algorand-based software wallets in the market today. The wallet has a clean and easy-to-use design, reminding me of the popular Coinbase Wallet that I’ve used extensively in the past.

Pera Wallet is owned by the Algorand Foundation. Therefore it’s no surprise that Pera Algo Wallet’s sole focus is on the Algorand blockchain. This is what sets it part from the other software wallet options in the list. It is feature-packed to cater to the Algorand native with in-built functionality for Algorand staking, web3 browsing and NFT management.

Pera Algo Wallet Key Features

Formerly known as Algorand Core Wallet, Pera Algo is a modern crypto wallet that is a one-stop shop for Algorand users to manage their tokens. The wallet gets its basics right by offering PIN and biometric security. At account setup, you get the option to skip the step where users are told to secure their secret recovery phrase. I do not recommend crypto wallet users skip securing your wallet recovery phrases as you never know when you need them. However, I wish Pera Algo will start using passkeys instead during setup for better user experience.

Here are key features you need to know about the Pera Algo Wallet:

Pera Algo Wallet Pros & Cons

Want to check out wallets beyond just ALGO? Our Top 10 Best Bitcoin & Crypto Wallets guide can help.

Best Algorand Wallets Compared

We have created a table below to compare the top six wallets mentioned in our guide. We chose six key parameters such as type, security, ease of use, asset support, dApp integration and price based on which the wallets were judged:

What is Algorand Wallet?

Algorand Wallet is a device or software that stores the private keys to Algorand blockchain-based cryptocurrencies. For context, private keys in cryptocurrency is a random alphanumeric string that gives you access to your cryptocurrencies. What you need to remember is that private keys represent control and ownership of cryptocurrency.

Now that you know the meaning of private keys, you may have heard a popular saying “Not your keys, not your coin.” It is an expression that warns of the dangers of storing your crypto assets on centralized exchanges and custodial wallets. What you need to understand is that when you let a crypto exchange manage your cryptocurrencies for you, they are the ones holding the private keys. Time and time again, we have seen crypto exchanges go bankrupt or get hacked, leaving millions of customers unable to access the tokens that they paid for.

That is the reason why self-custodial crypto wallets are so important. The problem is most people only realize the value of self-custody when it is too late. In the words of Vitalik Buterin, “Self-custody is important. And social recovery and multisig is a great way to do it.”  Emphasizing the importance of multi-sig wallets, he also says:

Key Features to Look for in an Algorand Wallet

Now that you are ready to start your self-custody journey, here is what you need to look for in a crypto wallet.

• Self-custody: Just because an application claims to be a crypto wallet doesn’t mean that if is a self-custodial wallet. This distinction may be blurred especially if the wallet provider is a crypto exchange. Always check whether a centralized entity has access and control over a crypto wallet. If so, then it is not a self-custodial wallet.
• Security: Security is extremely important because self-custodianship comes with its own set of risk. Remember when using a self-custodial wallet, you are the banker and the security guard. You are the only one responsible for securing assets stored in the wallet. Look for software wallets with 2FA, biometric locks and easy recovery processes. If you need the highest security, you might want to buy a hardware wallet like Ledger Nano S Plus or ELLIPAL Titan Mini to keep your tokens in cold storage.
• Ease-of-use: Cryptocurrencies can be unnecessarily complicated sometimes, therefore an easy-to-use crypto wallet is always a plus. Crypto wallets are gateways into the world of decentralized finance, therefore you don’t want to have to deal with a wallet application with outdated designs and poor interface. If you are a beginner in crypto, easy-to-use should be prioritized.
• Web3 browser: If you want to use a smartphone-based crypto wallet, look for wallets with in-built browser that can seamlessly connect with web3 sites.
• dApp integration: A crypto wallet that has integration with popular decentralized applications is always appreciated. That way, crypto tasks such as token swaps and bridging can be completed in the click of a button. You wont have to open your browser, go to the concerned website, log in and perform additional steps to carry out these tasks.
• Open-source: Open-source code refers to code that is publicly available online. Anyone can use the code for their own purpose, propose changes or detect defects. A company that builds their crypto wallet in an open-source manner has nothing to hide.

Pro Tip: If you’re planning to invest in ALGO but haven’t bought it yet, check out our ‘How to Buy Algorand (ALGO)‘ guide for a step-by-step walkthrough before setting up your wallet.

How to Set Up an Algorand Wallet?

Here is a step-by-step guide on how to set up an Algorand Wallet. We will step up the Pera Algo Wallet in this guide since it is one of the most popular Algorand wallets in the market today. A thing to keep in mind is that most crypto wallets will require a similar process at set up. Here are the steps below:

Mistakes to Avoid When Using Algorand Wallets

Before you start using self-custodial crypto wallets, you have to keep in mind that “you and you alone” are responsible for securing your cryptos that you expect to 100x. As I said before, when it comes to self-custodianship in crypto you are the banker, security guard and owner of your crypto wallet. With this in mind, here are some mistakes to avoid when using Algorand wallets.

Conclusion: Best Algorand Wallets

If you still haven’t made up your mind on which Algorand wallet is best for you, I would like to add that if you are new to crypto, you should be looking at software wallets. Among the software wallets in the list, Trust Wallet and Coinomi Wallet support multiple cryptocurrencies which is a key advantage over the Pera Algo Wallet. However, if you are an Algorand maxi, then I will recommend the Pera Algo Wallet due to its tunnel vision focus on catering solely to the Algorand ecosystem.

Readers with significant amounts of crypto holdings can opt for hardware wallets – Ledger Nano S and ELLIPAL Titan Mini – as they specialize in security. Both of them are great entry-level hardware wallets costing less than $100 each. These devices will allow you to experience the industry’s best wallet security without burning a hole in your pocket.

See Also:

• Best Crypto Wallets in Australia For March 2025
• Best XRP Wallets in 2025: Tested & Verified
• Top BEP20 Wallets in March 2025
• Algorand (ALGO) Price Prediction 2025-2030

Frequently Asked Questions

References

• “Managing Algorand Standard Assets (ASA).” Ledger Support, https://support.ledger.com/article/360015896040-zd
• “ELLIPAL Titan Mini Cold Wallet.” ELLIPAL, https://www.ellipal.com/products/ellipal-titan-mini
• “Algorand, Trust Wallet.” Trust Wallet Community, https://community.trustwallet.com/t/trust-wallet-adds-support-for-algorand/35761
• “What Are Coinomi’s Privacy Features?” Coinomi Support, https://coinomi.freshdesk.com/support/solutions/articles/29000030207-what-are-coinomi-s-privacy-features-
• “How to Get an Algorand Wallet.” Algorand Foundation, https://algorand.co/wallets