Algorand Wallet Showdown: 30 Options Ranked for Security, Usability & Features

Algorand (ALGO), a high-performance blockchain known for its speed, scalability, and sustainability, continues to gain traction in the crypto space. Choosing the right ALGO wallet is crucial for securely storing your assets, staking, and ensuring smooth transactions on the Algorand network.

This guide will help you discover the best Algorand wallets of 2025, covering a variety of options, including hardware, mobile, and desktop wallets. As Algorand adoption grows, having a secure, user-friendly, and feature-rich wallet is essential for efficiently managing your ALGO holdings.

Our top recommendation for an ALGO wallet is Coinbase, known for its seamless user experience, strong security features, and broad blockchain support, making it a reliable choice for Algorand users.

BlackRock relies on Coinbase as its custodian, with the platform safeguarding assets for 90% of all Bitcoin ETFs.

Watch the video below to learn how to set up an ALGO wallet on Coinbase:

The table below outlines the advantages and disadvantages:

Advantages of the Coinbase ALGO Wallet:
Easy to Use – Intuitive interface for beginners.
Secure – 2FA, biometric login, and institutional-grade custody.
Accessible – Available on mobile and web.
Trusted Custodian – BlackRock relies on Coinbase for Bitcoin ETFs.
Multi-Asset Support – Manage ALGO alongside other cryptos.
Staking Rewards – Earn passive ALGO rewards.

Disadvantages of the ALGO Coinbase wallet:
Regional Restrictions – Not available in some countries
No Private Key Control – Custodial wallet limits self-ownership.
High Fees – Higher transaction and withdrawal costs.

2. BitBox Hardware ALGO Wallet

BitBox is a highly secure hardware wallet ideal for storing Algorand (ALGO) tokens, offering offline protection and enhanced security features.

Key Benefits of the BitBox ALGO Wallet:
Secure Storage: Keeps private keys offline to prevent hacks.
Effortless Backup: Quick and reliable seed phrase recovery.
Lightweight & Compact: Portable and easy to store.
Transparent Codebase: Open-source firmware ensures trust.
Supports Multiple Assets: Compatible with ALGO and other blockchain networks.

Limitations of the BitBox ALGO Wallet:
Not Beginner-Friendly: Setup may be complex for first-time hardware wallet users.
Limited Mobile Support: Requires a desktop for full functionality.

This video explains how to set up the BitBox ALGO wallet:

3. Ledger Hardware ALGO Wallet

Ledger is a leading hardware wallet known for its strong security and wide-ranging support for Algorand (ALGO).

Ledger provides different models for ALGO management:

  • Ledger Nano S Plus: Entry-level wallet with ALGO support, priced at €79.00.
  • Ledger Nano X: Bluetooth-enabled for mobile access, around €149.00.
  • Ledger Flex: Advanced E Ink® display and wireless charging, priced at €259.00.
  • Ledger Stax: Premium model with a curved touchscreen, priced at €399.00.
  • Ledger Nano X + Nano S Plus Bundle: Bundle package at €205.00.
Key Benefits of the Ledger ALGO Wallet:
Uncompromised Security: Secure Element (SE) chip protects private keys.
Versatile Compatibility: Supports ALGO and ASA tokens.
Ledger Live App: Manage and stake ALGO with ease.
Durability: Built to last with high-quality materials.
Reliable Backup: Uses a 24-word recovery phrase.

Limitations of the Ledger ALGO Wallet:
Higher Cost: More expensive than software wallets.
Limited Mobile Features: Some functions are desktop-exclusive.

This video guides you through setting up a Ledger ALGO wallet:

4. Trezor Hardware ALGO Wallet

Trezor offers secure storage for Algorand (ALGO) with an intuitive user experience and reliable cryptographic protection.

  • Trezor Model One: Budget-friendly option, supports ALGO, priced at $69.
  • Trezor Model T: Features a touchscreen and enhanced security, around $129.
  • Trezor Safe 3: Advanced security options, priced at $79.
Key Benefits of the Trezor ALGO Wallet:
Advanced Security: Strong cryptographic algorithms protect ALGO holdings.
Cross-Chain Support: Compatible with ALGO and ASA tokens.
Beginner-Friendly: Easy-to-use design for all experience levels.
Transparent & Open-Source: Community-audited for security.
Reliable Recovery: Secure seed phrase backup.

Limitations of the Trezor ALGO Wallet:
Less Compact: Bulkier than other hardware wallets.
No Secure Element (SE): Lacks additional hardware-level security.

Watch the video below to learn more:

5. Exodus ALGO Wallet

Exodus is a multi-platform wallet offering a smooth experience for storing and managing Algorand (ALGO) along with other cryptocurrencies.

Benefits of the Exodus ALGO Wallet:
Simple UI: Easy navigation, great for beginners.
Built-in Swap: Trade ALGO directly in the wallet.
Cross-Platform: Available on desktop and mobile.
No Sign-Up Needed: Start using it without an account.
Backup & Security: Encrypted private keys and recovery options.

Drawbacks of the Exodus ALGO Wallet:
Closed Source: Not open for public audits.
Online Dependency: As a hot wallet, it carries potential risks.

For more details, watch the video below:

6. Electrum ALGO Wallet

Electrum is a lightweight, fast, and open-source wallet known for its security and efficiency in managing Algorand (ALGO) transactions.

Benefits of the Electrum ALGO Wallet:
Fast Transactions: Minimal resource usage for quick processing.
High Security: Multi-signature support and offline transactions.
Decentralized: Does not depend on third-party servers.
Cold Wallet Features: Offline storage compatibility.
Multi-Device Support: Runs on Windows, macOS, Linux, and Android.

Drawbacks of the Electrum ALGO Wallet:
Not Ideal for Beginners: Technical knowledge is helpful.
Limited Token Support: Primarily designed for ALGO and related assets.

For more details, watch the video below:

7. Trust Wallet ALGO Wallet

Trust Wallet is a mobile-based wallet offering robust support for Algorand (ALGO) and various decentralized applications.

Benefits of Trust Wallet ALGO Wallet:
Non-Custodial: Full control over private keys.
Broad Asset Support: ALGO and other assets supported.
Integrated dApp Browser: Access DeFi platforms effortlessly.
Strong Security: Biometric login and PIN protection.
No Fees: Only network transaction fees apply.

Drawbacks of Trust Wallet ALGO Wallet:
Mobile-Only: No dedicated desktop version.
Hot Wallet Risks: More exposure to online vulnerabilities.

For more details, watch the video below:

8. MyAlgoWallet ALGO Wallet

MyAlgoWallet

MyAlgoWallet is a web-based wallet that offers full control over Algorand (ALGO) and other Algorand Standard Assets (ASA).

Benefits of MyAlgoWallet ALGO Wallet:
Self-Custody: Users have full control over private keys.
Wide Token Support: Manages ALGO and other Algorand-based assets.
Integrated Swap Feature: Allows seamless asset exchanges.
Hardware Wallet Support: Compatible with Ledger devices.
Open Source: Transparent and community-audited software.

Drawbacks of MyAlgoWallet ALGO Wallet:
Web-Based: Requires internet access for functionality.
Not Beginner-Friendly: The interface may be complex for new users.

For more details, watch the video below:

9. Pera Wallet ALGO Wallet

Pera Wallet

Pera Wallet is a widely used wallet that enables users to efficiently store, send, and stake Algorand (ALGO) tokens while accessing DeFi applications.

Benefits of Pera Wallet ALGO Wallet:
User-Friendly: Intuitive interface ideal for all users.
Secure & Non-Custodial: Users retain full control of their keys.
Multi-Platform: Available as a mobile app and web wallet.
Staking Support: Allows ALGO staking to earn rewards.
Quick Transactions: Optimized for Algorand’s fast blockchain.

Drawbacks of Pera Wallet ALGO Wallet:
Hot Wallet: More vulnerable to cyber risks than cold wallets.
Internet Dependency: Requires an active internet connection for transactions.

For more details, watch the video below:

10. Atomic ALGO Wallet

Atomic Wallet

Atomic Wallet is a decentralized, non-custodial wallet that allows users to securely store, manage, and exchange Algorand (ALGO) tokens.

Benefits of Atomic ALGO Wallet:
Multi-Asset Support: Stores ALGO and other Algorand-based assets.
Non-Custodial: Users retain full control over their private keys.
Built-in Exchange: Swap ALGO directly within the wallet.
Staking Options: Supports staking for ALGO and other coins.
Cross-Platform: Available on desktop and mobile.

Drawbacks of Atomic ALGO Wallet:
No Hardware Wallet Integration: Lacks compatibility with Ledger or Trezor.
Customer Support: Response times may vary.

For additional details, watch the video below:

11. Guarda ALGO Wallet

Guarda Crypto Wallet

Guarda is a non-custodial, multi-platform wallet supporting Algorand (ALGO) tokens. It offers web, desktop, and mobile applications, providing flexibility for users to manage their ALGO holdings across multiple devices.

Pros:

  • Multi-Asset Support: Compatible with ALGO and other Algorand Standard Assets (ASA).
  • Cross-Platform Accessibility: Available on web, desktop, and mobile.
  • Integrated Staking: Enables staking for ALGO directly within the wallet.
  • Non-Custodial: Users retain full control of their private keys.
  • Secure and Private: High encryption standards ensure safety.

Cons:

  • Transaction Fees: Slightly higher fees on some exchanges.
  • Not Open-Source: Limited transparency compared to community-driven wallets.

For more information, watch the video below:

12. Crypto.com DeFi ALGO Wallet

Crypto.com Wallet

The Crypto.com DeFi Wallet is a decentralized ALGO wallet offering full private key ownership and seamless access to Algorand-based DeFi applications.

Pros:

  • Full Control: Users maintain complete ownership of their private keys.
  • DeFi Integration: Access to multiple Algorand-based DeFi applications.
  • Staking Support: Users can stake ALGO and earn passive rewards.
  • User-Friendly Interface: Intuitive design for all user levels.
  • Secure Backup Options: Offers recovery phrases for account restoration.

Cons:

  • Mobile-Only: No dedicated desktop application.
  • Learning Curve: DeFi features may be complex for beginners.

For more information, watch the video below:

13. Pera ALGO Wallet

Pera Wallet

Pera Wallet is a dedicated ALGO wallet designed for ease of use, security, and efficient ALGO transactions.

Pros:

  • Simple and Secure: Designed specifically for ALGO holders.
  • Staking Integration: Users can earn rewards through ALGO staking.
  • Multi-Platform Support: Available on mobile and desktop.
  • Fast Transactions: Optimized for Algorand’s high-speed blockchain.
  • Open-Source: Transparent and community-audited.

Cons:

  • Mobile-Focused: Lacks a full-featured web version.
  • Limited Multi-Chain Support: Primarily focused on Algorand.

For more information, watch the video below:

14. MyAlgo ALGO Wallet

MyAlgo Wallet

MyAlgo Wallet is a web-based ALGO wallet offering full control over assets with a user-friendly interface.

Pros:

  • Full Control: Non-custodial storage of ALGO and ASAs.
  • DeFi & DApp Ready: Seamless interaction with decentralized applications.
  • Web-Based: Accessible on any device with a browser.
  • Hardware Wallet Integration: Compatible with Ledger devices.
  • Multi-Account Support: Manage multiple Algorand addresses easily.

Cons:

  • Requires Internet: Cannot function offline.
  • Not Mobile-Friendly: No dedicated mobile app.

For more information, watch the video below:

15. Math ALGO Wallet

Math Wallet

Math Wallet is a multi-chain wallet that provides extensive support for Algorand (ALGO) and Web3 applications.

Pros:

  • Multi-Blockchain Support: Works with Algorand and numerous blockchain networks.
  • Web3 Integration: Connects seamlessly to decentralized applications.
  • Cloud Backup: Secure wallet recovery options.
  • Hardware Wallet Compatibility: Supports Ledger and Trezor.
  • Cross-Platform: Available on desktop, mobile, and browser extensions.

Cons:

  • Some Centralized Features: Certain functionalities rely on Math Wallet’s services.
  • Occasional Sync Issues: Some users report connectivity problems.

For more information, watch the video below:

16. TokenPocket ALGO Wallet

TokenPocket Wallet

TokenPocket is a multi-chain Algorand (ALGO) wallet that supports decentralized applications, NFTs, and DeFi interactions.

Pros:

  • Multi-Chain Support: Compatible with Algorand, Ethereum, and other blockchain networks.
  • Integrated Exchange: Swap ALGO and other tokens within the app.
  • Hardware Wallet Integration: Supports Ledger and Trezor.
  • Decentralized Browsing: Built-in Web3 browser for dApps.
  • Cross-Platform: Available on mobile and desktop.

Cons:

  • Complex Interface: May not be ideal for beginners.
  • Occasional Bugs: Some users report minor app glitches.

For more information, watch the video below:

17. AlgoSigner ALGO Wallet

AlgoSigner Wallet

AlgoSigner is a browser extension wallet specifically designed for Algorand (ALGO) transactions.

Pros:

  • Free to Use: No cost to install or use AlgoSigner.
  • Direct Web3 Integration: Seamlessly connects with Algorand-based dApps.
  • Fast & Lightweight: Does not consume excessive resources.
  • Non-Custodial: Users retain full control over private keys.
  • Easy to Use: Simple UI for quick transactions.

Cons:

  • Browser-Only: No standalone mobile or desktop app.
  • Limited Features: Lacks built-in staking and exchange options.

For more information, watch the video below:

18. TrustVault ALGO Wallet

TrustVault Wallet

TrustVault is an institutional-grade wallet offering enterprise-level security for ALGO transactions.

Pros:

  • High-Level Security: Uses bank-grade security features.
  • Multi-Signature Support: Extra layers of authorization for large transactions.
  • DeFi Compatibility: Works with Algorand-based DeFi applications.
  • Hardware Security Modules (HSMs): Protects private keys from breaches.
  • Regulated Custodial Services: Provides compliance and insurance options.

Cons:

  • Not for Retail Users: Primarily designed for institutions and enterprises.
  • Higher Fees: Premium pricing for security services.

For more information, watch the video below:

19. Rabby ALGO Wallet

Rabby Wallet

Rabby Wallet is a browser extension wallet optimized for Algorand (ALGO) transactions and DeFi usage.

Pros:

  • Seamless dApp Integration: Built specifically for Algorand DeFi applications.
  • Multi-Chain Support: Works with Algorand and Ethereum networks.
  • Transaction Simulation: Preview transactions before approval.
  • Enhanced Security: Protects against phishing and malicious transactions.
  • Non-Custodial: Full user control over private keys.

Cons:

  • Browser-Only: No mobile or desktop standalone app.
  • Not Beginner-Friendly: Tailored for experienced DeFi users.

For more information, watch the video below:

20. Frontier ALGO Wallet

Frontier Wallet

Frontier Wallet is a mobile-first ALGO wallet that specializes in DeFi and NFT management.

Pros:

  • Multi-Chain Compatibility: Supports Algorand and other networks.
  • DeFi Integration: Enables staking, lending, and borrowing with ALGO.
  • NFT Support: Manage Algorand NFTs easily.
  • Security-Focused: Non-custodial with private key ownership.
  • Easy-to-Use Interface: Ideal for both beginners and experts.

Cons:

  • Mobile-Only: No desktop or browser extension available.
  • Third-Party Dependencies: Some features rely on external services.

For more information, watch the video below:

21. Coin98 ALGO Wallet

Coin98 Wallet

Coin98 Wallet is a multi-chain ALGO wallet designed for DeFi and NFT transactions.

Pros:

  • Multi-Chain Support: Works with Algorand and Ethereum-compatible chains.
  • DeFi Integration: Supports staking, lending, and swapping with ALGO.
  • NFT Compatibility: Buy, sell, and manage Algorand NFTs.
  • Cross-Platform: Available on mobile, web, and browser extensions.
  • Non-Custodial: Full user control over assets.

Cons:

  • Complex Interface: May not be ideal for beginners.
  • Occasional Connectivity Issues: Some users report transaction delays.

For more information, watch the video below:

22. SafePal ALGO Wallet

SafePal Wallet

SafePal Wallet is a secure ALGO wallet offering both software and hardware storage.

Pros:

  • Supports Hardware and Software Wallets: Provides multiple security options.
  • Multi-Chain Compatibility: Works with Algorand and other blockchains.
  • Integrated Exchange: Direct token swaps within the app.
  • Cold Storage Support: Hardware wallet integration for offline security.
  • Cross-Platform: Available on mobile and web.

Cons:

  • Hardware Wallet Costs: Requires a purchase for full security features.
  • Learning Curve: Some features may be complex for new users.

For more information, watch the video below:

23. Taho ALGO Wallet

Taho Wallet

Taho Wallet is a community-driven ALGO wallet that prioritizes security and transparency.

Pros:

  • Fully Open-Source: Transparent and community-audited.
  • Non-Custodial: Users control their private keys.
  • Multi-Chain Support: Works with Algorand and Ethereum.
  • Enhanced Security: Built-in phishing protection.
  • Browser Extension: Convenient access to Web3 applications.

Cons:

  • Limited Mobile Support: Primarily a browser extension.
  • Not as Feature-Rich: Lacks staking and built-in DeFi options.

For more information, watch the video below:

24. XDEFI ALGO Wallet

XDEFI Wallet

XDEFI Wallet is a multi-chain browser extension wallet optimized for Algorand (ALGO) transactions and DeFi usage.

Pros:

  • Multi-Chain Compatibility: Supports Algorand and multiple blockchain networks.
  • DeFi Integration: Enables seamless interaction with Algorand-based dApps.
  • High-Speed Transactions: Optimized for fast ALGO transfers.
  • Non-Custodial: Users retain complete control of private keys.
  • NFT Support: Easily manage and trade Algorand NFTs.

Cons:

  • Browser-Based Only: No mobile or desktop standalone app.
  • Steep Learning Curve: Advanced features may take time to master.

For more information, watch the video below:

25. GridPlus Lattice1 ALGO Wallet

Lattice1 Wallet

GridPlus Lattice1 is a high-security hardware wallet designed for Algorand (ALGO) transactions and secure storage.

Pros:

  • Advanced Security: Uses a secure enclave for private key storage.
  • Touchscreen Interface: User-friendly hardware wallet experience.
  • Multi-Account Support: Manage multiple Algorand addresses efficiently.
  • DeFi Access: Securely connects with Algorand-based DeFi applications.
  • Non-Custodial: Users have complete ownership of their assets.

Cons:

  • Expensive: Higher cost compared to software wallets.
  • Less Portable: Bulkier than traditional hardware wallets.

For more information, watch the video below:

26. Keystone ALGO Wallet

Keystone Wallet

Keystone Wallet is a premium hardware wallet offering air-gapped security for Algorand (ALGO) users.

Pros:

  • Air-Gapped Security: Fully offline transaction signing.
  • Multi-Chain Support: Works with Algorand and various blockchain networks.
  • Large Touchscreen: Simplifies transaction management.
  • DeFi Compatibility: Securely interacts with Algorand dApps.
  • QR Code Transactions: No USB or Bluetooth required.

Cons:

  • Expensive: Premium pricing for top-tier security.
  • Limited Portability: Larger than typical hardware wallets.

For more information, watch the video below:

27. Frame ALGO Wallet

Frame Wallet

Frame Wallet is a developer-focused desktop ALGO wallet designed for advanced users.

Pros:

  • Desktop First: Available on Windows, macOS, and Linux.
  • Security-Focused: Hardware wallet and GPG key integration.
  • Algorand Support: Works seamlessly with Algorand dApps.
  • Open-Source: Fully transparent and community-driven.
  • Multi-Account Support: Manage multiple Algorand addresses easily.

Cons:

  • Not Beginner-Friendly: Designed for advanced users.
  • No Mobile Version: Only available for desktop users.

For more information, watch the video below:

28. Bybit ALGO WalletBybit Receives ETH from MEXC, Bitget, Binance, After $1.5 Billion HackBybit Wallet is a secure and efficient cryptocurrency wallet that supports Algorand (ALGO) along with a variety of other digital assets.

Pros:

  • Multi-Asset Support: Manages ALGO and other major cryptocurrencies.
  • Integrated Trading: Enables seamless trading of ALGO within the Bybit ecosystem.
  • DeFi and Staking Features: Allows users to stake ALGO and earn rewards.
  • High Security: Implements strong encryption and security measures.
  • Cross-Platform Availability: Accessible on web, mobile, and desktop.

Cons:

  • KYC Requirements: Some features may require identity verification.
  • Centralized Control: Not a fully non-custodial wallet.

For more information, watch the video below:

29. BitKeep ALGO Wallet

BitKeep Wallet

BitKeep Wallet is a multi-chain ALGO wallet offering DeFi, NFT, and cross-chain swap features.

Pros:

  • Supports Multiple Blockchains: Compatible with Algorand, Ethereum, and other networks.
  • Cross-Chain Swaps: Built-in exchange for seamless ALGO transactions.
  • NFT Marketplace: Direct access to buy, sell, and trade Algorand NFTs.
  • High Security: Private keys stored securely with encryption.
  • Mobile-Friendly: Optimized for smartphone usage.

Cons:

  • Limited Desktop Support: Primarily a mobile application.
  • High Transaction Fees on Some Networks: Costs vary depending on blockchain congestion.

For more information, watch the video below:

30. Bitget ALGO Wallet

Bitget Wallet Announces Development Plan Supporting the BTC Ecosystem ...

Bitget Wallet is a secure and user-friendly wallet supporting Algorand (ALGO) along with various other blockchain assets.

Pros:

  • Multi-Chain Support: Works with Algorand, Ethereum, and several other blockchains.
  • Integrated Trading Features: Allows direct ALGO trading within the wallet.
  • DeFi and Staking: Provides staking options for ALGO holders.
  • User-Friendly Interface: Simple and intuitive design for all experience levels.
  • Mobile & Desktop Compatibility: Available on multiple platforms.

Cons:

  • Requires KYC for Some Features: Full access to trading may require identity verification.
  • Limited Open-Source Components: Not entirely community-audited.

For more information, watch the video below: