9 BEST Polkadot Wallets – DOT (2024)
Barbara Thompson
Polkadot wallets allow you to store and manage Polkadot’s native currency – DOT. The Polkadot network allows you to create smart contracts and new tokens. Its price is quite volatile, providing good opportunities for savvy traders to profit from its movements. Polkadot’s protocol is initiated and regulated by DOT, the native currency of Polkadot.
In this article, I will be digging out different Polkadot wallets that are best for storing your DOT coin. After researching and selecting around 50 wallets, I came up with a short list of the Top 9 Polkadot wallets. Read more…
Uphold is a Software wallet that helps you to store your bitcoins. Uphold provides a user-friendly platform for buying, trading, and holding a diverse range of assets, from crypto (over 250) to traditional currencies and precious metals.
Best Polkadot (DOT) wallets: Top Picks!
| Name | Coins Supported | Type of Wallet | Link |
|---|---|---|---|
| Uphold | BTC, BCH, EOS, AVX, XRP, ETH, etc. | Custodial wallets | Learn More |
| Binance | BTC, LTC, ETH, DOT, MAT, etc. | Hot wallet | Learn More |
| Coinbase | BTC, ETH, DOT, LTC, etc. | Hot wallet | Learn More |
| Ledger Nano X | BTC, LTC, DOT, AVX, DOGE, ETH, etc. | Cold wallet | Learn More |
| Trezor Model T | ETH, BTC, XRP, DOT, etc. | Cold wallet | Learn More |
1) Uphold
With a user base exceeding 10 million spanning across 150 countries, Uphold provides a user-friendly platform for buying, trading, and holding a diverse range of assets, from crypto (over 250) to traditional currencies and precious metals. Uphold’s has a 100% reserve model that safeguards user funds and an openness to transparency, where real-time asset and liability data is publicly available and updated every 30 seconds.
Coins Supported: BTC, ETH, XRP, XDC, DAG, ADS etc.
Type of wallet: Custodial wallets
Price: Free
Features:
- Broad range of tokens and earliest token support
- Connected to 26 underlying exchanges to find you the best token prices
- Spend assets anywhere in the world with the Uphold Card (in the UK only)
- Set up automatic, recurring transactions for dollar-cost averaging
- Advanced trading features like take profit and trailing stop loss.
- Send funds to any other Uphold account using just an email address
- Transparency: Assets and liabilities listed publicly and updated in real time.
- Security: 100% reserved meaning user money is kept at Uphold.
- Trading: Uphold offers easy one-click trading between any assets.
- Apps: Has native iOS, and Android apps
- Price: $0.99 Fixed fee for trades under $500
Pros
Cons
2) Binance
Binance is a robust crypto wallet with a vast selection of crypto trading features. Many advanced features are available on this DOT wallet, including Auto-investment, staking, peer-to-peer trading, etc. Binance has a Blockchain called the Binance Chain. It also offers a wide selection of trading alternatives and order types.
Features:
- It is available in the UK, USA, Belgium, France, and 100+ other countries.
- It provides support for 1000+ coins, including BTC and ETH
- Binance’s “High-Yield Center” program allows you to stake and earn up to 104.62% APY.
- Binance.us holds all U.S. dollar deposits in custodial bank accounts insured up to $250,000.
- You can have constant deposits via credit and debit cards
- It provides support for blockchains like BTC, Polygon (MATIC), Polka dot (DOT), ETH(Ethereum), LTC (Litecoin), etc.
- Supported platforms: Android, Windows, and iOS
- Price: Free
Pros
Cons
3) Coinbase
Coinbase is one of the best Polkadot wallets that allow you to sell, transfer, buy, and store digital currencies. It’s supported in 100+ countries and is used by more than 50 million people. This Dot Wallet allows you to store all your NFTs and crypto coins. As part of Coinbase wallet’s crypto insurance, all your USD cash balances are covered by FDIC insurance.
Features:
- It supports 500+ Coins, including BTC, ETH, DOT, LTC, etc.
- It offers advanced features like two-step verification, AES-256 encryption, and biometric logins.
- It supports various blockchains like BNB, Arbitrum, Binance Smart Chain, and Gnosis Chain.
- Coinbase offers up to 8% APY in crypto savings.
- Exposes investors to many digital currencies
- Supported Mobile platforms: iOS and Android.
- Price: Free.
Pros
Cons
4) Ledger Nano X
Ledger Nano X is a non-custodial Polkadot wallet. It supports more than 100+ crypto apps and coins and is packed with the most convenient form factors that use micro-LCD. Furthermore, it offers a balance between accessibility and security that is second to none.
Ledger Nano X also works effectively with its native smartphone app, Ledger Live. Additionally, the Polkadot wallet allows you to store your crypto coin offline, protecting you from any online frauds.
Features:
- Ledger wallets are compatible with Electron Cash, Binance, Ledger Live, Electrum, etc.
- It enables connectivity via Bluetooth and USB-C cable
- The Ledger Nano x has an 8-hour extended battery life with a Lithium-ion 100mAH battery.
- Ledger Nano X supports 5500+ coins, including BTC, LTC, DOT, AVX, DOGE, ETH, etc.
- It is a highly secure wallet because of its seed phrase feature
- Ledger Nano X offers CC EAL5+ certification.
- Supported platforms: Android and iOS
- Price: $149
Pros
Cons
5) Trezor Model T
Trezor Model T is a hardware Polkadot that provides an inbuilt security system so that you can receive DOT network tokens. This Polkadot wallet protects your digital assets, crypto coin, and passwords from hackers. This hardware wallet works with its Trezor suite, its native app. DOT tokens can also be sent and received using the mobile app.
Features:
- Trezor Model T supports 1800+ crypto coins, including ETH, BTC, XRP, DOT, etc.
- Provides an inbuilt system that prevents Brute force attempts.
- It offers connectivity using USB-C Connector.
- It uses Backup (SLIP39) technology, making it a more secure cold Wallet.
- It is a CE and RoHA-certified wallet.
- It also supports advanced security levels like U2F, PIN setup, etc.
- It enables customer support via email and FAQ section.
- Supported platforms: Android, Linux, Windows, and macOS.
- Price: $280.
Pros
Cons
6) ELLIPAL Titan
Ellipal Titan is a cold wallet that allows you to store your funds offline. It offers a built-in display that lets you view your transactions and balances without needing a computer or phone. It is one of the best wallet for polkadot that offers a built-in exchange that allows you to buy and sell cryptocurrencies.
Features:
- It allows PolkaDot staking.
- ELLIPAL Titan supports BTC, ETH, LTC, TRX, etc.
- Auto self-destruct features help you to restore factory settings when tampered.
- It offers a standby time of 259 hours
- It provides ideal battery support of 1400 mAh.
- ELLIPAL Titan is FIDO certified hardware wallet.
- This crypto wallet supports Android, and iOS.
- Price: $119
Pros
Cons
7) CoolWallet Pro
CoolWallet Pro is the multi-currency wallet for popular crypto-assets and ERC-20 tokens. It offers various services, including cryptocurrency exchange, connecting DApps, using Defi protocol, and more. You can also stake Polkadot DOT safely through CoolWallet.
Features:
- It supports BTC, ETH, LTC, XRP, DOT, CHR, Tezos, Cardano, ETH 2.0 ERC20, and various other tokens.
- Cool wallet pro allows you to stake crypto to earn rewards
- It runs on a lithium rechargeable battery (3 V, 15 mAh)
- It offers encrypted Bluetooth connection to Android and iOS devices
- Offers Standby Time for 3 months
- It is compatible with smartphones: Android 6+, or iPhone 5/ iOS 12.1+
- It is CC EAL 6+ certified hardware wallet.
- Price: $149
Pros
Cons
8) Crypto.com
Crypto.com is a global digital asset service offering services like buying, selling, trading, and holding crypto assets. This mobile wallet offers cold storage support and is available in more than 80+ countries worldwide. The desktop wallet supports a variety of blockchains, such as BSC, ERC-20, Arbitrum, and AVAXC.
Features:
- It supports 250+ cryptocurrencies that include Bitcoin (BTC), Polkadot (DOT), Ethereum (ETH), etc.
- Crypto.com helps you earn up to 8.5% interest per year on crypto coins and 14.5% on stable coins with this account.
- It also provides other crypto-related services like a decentralized exchange, NFT marketplace, and crypto credit cards.
- Supported platforms: Android and IOS
- Price: Free
Pros
Cons
9) Trust Wallet
Trust wallet is a desktop wallet which is based on the Binance ecosystems, which also supports Polkadot. This is one of the best atomic wallets that ensures your private keys and seed phrases are always kept on your device. It is one of the best web wallets that provide integrated SWAP support that helps you swap DOT from some token on the Polkadot network.
Features:
- An integrated DApps browser lets you select from 15 networks, including Polkadot.
- It supports 1000+ crypto assets like Bitcoin, Binance Coin, Polkadot, Litecoin, Polygon
- It provides web 3 supports using NFTS, dApps, and Stablecoins.
- Trustwallet allows users to connect a credit/debit purchase dot coins with fiat currencies.
- This desktop wallet supports crypto staking
- You can track charts and prices within the app.
- Supported iOS and Android mobile platforms.
- Price: Free.
Pros
Cons
Link: https://trustwallet.com/
10) MetaMask
Metamask is one of the most prominent non-custodial DOT wallets. By using the Polkadot wallet app, users can interact with Dapps (decentralized applications). This web wallet allows crypto traders to exchange digital currencies with their mobile devices.
Features:
- It provides browser extension with open-source software.
- Not ask to submit your personal information.
- You can generate passwords and keys on your device so no other person can access your accounts and data.
- It is possible to generate crucial seed phrases that are difficult to crack.
- It allows you to open more addresses once they set up their wallets.
- Provide support for crypto staking.
- Metamask wallet offers customer support via a help center and community board.
- Supported platforms: Chrome, Android, and iOS.
- Price: Free.
Pros
Cons
Link: https://metamask.io/
What is Polkadot?
Polkadot is a multi chain blockchain platform designed to enable various blockchains to interoperate & share information in a scalable and secure manner. It was created by Dr. Gavin Wood, one of the co-founders of Ethereum.
How to select the Best Polkadot wallet?
Here are the important points that you need to keep in mind while selecting a Polkadot Wallet:
- You must make sure that the Polkadot Wallet that you have selected should be totally safe and secure.
- You need to make sure that Polkadot wallet you are opting for should provide features of 2FA
- It should provide an option for backup. So, when your laptop, pc, or phone device stop working, you have data to back up immediately.
- You should opt for a multi-signature support wallet, preventing any person from spending the fund or transferring funds to another wallet.
- It should offer good customer support and multi-chain support.
- Lastly, it should be cost-effective and provide value for your money.
FAQ:
Best Polkadot (DOT) wallets
| Name | Coins Supported | Type of Wallet | Link |
|---|---|---|---|
| Uphold | BTC, BCH, EOS, AVX, XRP, ETH, etc. | Custodial wallets | Learn More |
| Binance | BTC, LTC, ETH, DOT, MAT, etc. | Hot wallet | Learn More |
| Coinbase | BTC, ETH, DOT, LTC, etc. | Hot wallet | Learn More |
| Ledger Nano X | BTC, LTC, DOT, AVX, DOGE, ETH, etc. | Cold wallet | Learn More |
| Trezor Model T | ETH, BTC, XRP, DOT, etc. | Cold wallet | Learn More |