Are you looking for the best Cardano wallet to trade Cardano NFTs and stake ADA? The best Cardano wallets for 2023 are here to help.
8 best Cardano wallets
Here’s our list of the top Cardano wallets for 2023 for you to pick from based on key criteria :
| Best Cardano Wallets | |
|---|---|
| Best for staking delegation | Yoroi |
| Best full node wallet | Daedalus |
| Best dApp compatibility | Eternl |
| Best for Cardano NFTs | Nami |
| Best for multi-pool delegation | AdaLite |
| Best for hardware compatibility | Typhon |
| Best multi-chain wallet | Exodus |
| Best hardware wallet | Trezor |
Yoroi
| Yoroi | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ❌ |
| Hardware wallet integration | ✅ |
| NFTs | ✅ |
| Supports other blockchains | ✅ |
| Browser | ✅ |
| App | ✅ |
Yoroi is a popular mobile app and browser plugin for the lite Cardano wallet. Yoroi, created by Cardano Foundation partner EMURGO, offers a seamless user experience, especially for DeFi investors as users may engage with a variety of decentralized applications thanks to Yoroi’s dApp connector.
Unlike Daedalus, Yoroi does not require users to download the entire blockchain, but investors can still delegate and stake their ADA tokens easily with many staking pools to pick from. As well as this, Yoroi supports Cardano NFTs and other native tokens, making it a great choice for Cardano enthusiasts, whatever you’re holding.
Yoroi prioritizes security by implementing password protection and recovery seed options, ensuring that users can recover their funds in case of lost or damaged devices. Yoroi also supports hardware wallets for those who want to follow best security practices to keep their crypto extra secure.
Daedalus
| Daedalus Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ❌ |
| Hardware wallet integration | ✅ |
| NFTs | ✅ |
| Supports other blockchains | ❌ |
| Browser | ❌ |
| App | ❌ |
A desktop wallet made particularly for Cardano’s ADA cryptocurrency is called the Daedalus wallet. Charles Hoskinson, the founder of Cardano, gave security and autonomy top priority when developing Daedalus. It functions as a full-node wallet and stores all of the Cardano blockchain’s transaction history, providing trustless and autonomous operations.
Daedalus offers a high level of security because it doesn’t rely on other servers and stores encrypted private keys locally. Daedalus is accessible on Windows, Linux, and macOS, however there aren’t any mobile versions for Android or iOS at this time.
However, it is worth noting that Daedalus exclusively supports ADA and lacks in-built exchanges or additional features. So while it’s ideal for dedicated Cardano users, it may be less suitable for traders and diversified crypto investors.
Eternl (CCvault)
| Eternl Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ✅ |
| Hardware wallet integration | ✅ |
| NFTs | ✅ |
| Supports other blockchains | ❌ |
| Browser | ✅ |
| App | ✅ |
Another well-liked option for a thin Cardano wallet is the Eternl wallet, formerly known as CCvault. The wallet has all the typical capabilities you’d expect from a software wallet, including the ability to transfer, receive, and store ADA as well as other native assets and NFTs. It is accessible as a mobile app, online app, or browser extension.
By using the same mnemonic phrase to manage up to 24 accounts and construct an address book, users can delegate to many ADA staking pools from a single wallet and vote on governance protocols and new advancements.
Investors can access the whole decentralized Cardano ecosystem through Eternl, similar to Yoroi, which enables simple interaction with a wide range of DeFi apps. Because the development team at Eternl is community-focused and offers Telegram and Discord assistance as well as a Github where users may suggest new features, the platform stands out to users.
Nami
| Nami Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ✅ |
| Hardware wallet integration | ✅ |
| NFTs | ✅ |
| Supports other blockchains | ❌ |
| Browser | ✅ |
| App | ✅ |
As a Chrome, Edge, and Brave browser extension, Nami is a popular light Cardano wallet. ADA tokens, like with other native assets and NFTs, can be sent and received using Nami.
Additionally, you may use Nami wallet to interface with a sizable number of Cardano dApps and stake, delegate, and use ADA. You can stake ADA to various pools from a single wallet because to Nami’s ability to construct sub-accounts from a single seed word.
Nami is completely free to use, but the developers do want individuals using Nami to delegate to Berry’s staking pool in order to support their development and enable them to continue adding new features.
AdaLite
| AdaLite Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ✅ |
| Hardware wallet integration | ✅ |
| NFTs | ✅ |
| Supports other blockchains | ❌ |
| Browser | ✅ |
| App | ✅ |
The AdaLite wallet, formerly known as CardanoLite, is a well-known Cardano web wallet created by VacuumLabs. AdaLite enables investors to send and receive Cardano as well as other native tokens on the Cardano blockchain, such as NFTs, similar to Nami and Yoroi.
AdaLite also enables users to stake ADA, including to several stake pools from a single wallet, to maximize their staking returns. AdaLite provides users with a simple method to engage with the whole Cardano ecosystem, including a range of dApps created on the blockchain, as a browser extension wallet.
AdaLite is compatible with leading hardware wallets including Trezor and Ledger models, allowing you to store your private keys within your hardware device for enhanced security.
Typhon
| Typhon Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ✅ |
| Hardware wallet integration | ✅ |
| NFTs | ✅ |
| Supports other blockchains | ❌ |
| Browser | ✅ |
| App | ✅ |
In addition to providing investors with a simple way to transmit, receive, and store ADA and native Cardano tokens and NFTs, Typon wallet is a more recent Cardano web wallet and browser plugin that also allows users to interact with a large variety of dApps in the Cardano ecosystem.
The wallet has the same staking options as several other Cardano lite wallets, such as Nami. However, Typhon users can save ADA in numerous wallet accounts without having to manage different seed phrases or delegate to multiple staking pools because to the multi-account feature.
Additionally, Typhon features a robust staking center that allows you to track payouts and examine current staking pool information right from your wallet, unlike many other Cardano wallets.
Typhon is compatible with a number of hardware wallets too for added security, including Ledger Nano S, Ledger Nano X, and Trezor T.
Exodus
| Exodus Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ❌ |
| Hardware wallet integration | ✅ |
| NFTs | ❌ |
| Supports other blockchains | ✅ |
| Browser | ✅ |
| App | ✅ |
Exodus is an excellent choice for anyone wishing to invest in both Cardano and other blockchains all from one wallet, unlike the majority of the wallets on this list thus far. Your ADA coins are supported by Exodus along with more than 330 other cryptocurrencies in a single location.
You can use an Exodus wallet to do almost everything the other Cardano wallets in this list can do, including send and receive ADA, stake ADA, and interact with dApps because Exodus is supported by the majority of decentralized protocols using WalletConnect, even though it isn’t a dedicated Cardano wallet like Typhon or Eternl. Even Cardano NFTs are supported by Exodus wallet.
Exodus is available as a browser extension or mobile app, and is compatible with the Trezor Model One and T.
Trezor
| Trezor Features | |
|---|---|
| Send & receive ADA | ✅ |
| Native tokens | ✅ |
| Stake/delegate ADA | ✅ |
| Multipool staking | ❌ |
| Software wallet integration | ✅ |
| NFTs | ❌ |
| Supports other blockchains | ✅ |
| Browser | ✅ |
| App | ❌ |
Are you looking for hardware that can help keep your cryptocurrency safe?Both of Trezor’s devices, the Model T and Model One, are compatible with the vast majority of thin Cardano wallets. As a result, you can benefit from the extra protection provided by having your private keys kept on a cold device while still using your ADA to complete transactions.
The Model T is available from $219, while the Model One is available from $69. You should only ever purchase hardware wallets directly from the manufacturer to ensure they haven’t been tampered with.
What is the best Cardano wallet?
Wondering what the best Cardano wallet to use in 2023 is? There are a few criteria you need to consider when you’re making your choice, including:
- Security: You need to use a secure wallet, preferably with hardware wallet compatibility to keep your ADA safe. We’ve only chosen secure, non-custodial wallets.
- Features: From Cardano NFTs to Cardano staking, there are plenty of features you might want in your wallet. That’s why we’ve looked at every wallet’s features in-depth so you can easily compare.
- Interface: Not everyone knows how to get to grips with non-custodial wallets straight away, and full-node wallets like Daedalus are a little more complicated.
We’ve rounded up the best Cardano wallets in 2023 for you to pick from based on all the criteria above.
FAQs
More questions about Cardano wallets? We got you.
What’s the best wallet for staking Cardano?
All of the wallets in our list are suitable for staking Cardano, but Daedalus is the best full node wallet for staking Cardano, while Yoroi is the most popular light wallet for staking Cardano based on downloads.
What’s the main wallet for Cardano?
The Cardano Foundation partnered with EMURGO to develop Yoroi wallet and IOHK to develop Daedalus wallet.
What’s the best non-custodial wallet for ADA?
Any of the ADA wallets in our best Cardano wallets list are a secure and safe option for a non-custodial wallet for Cardano
What is the alternative to Daedalus wallet?
Daedalus is the only full node wallet for Cardano and there is no alternative full node Cardano wallet. You can however still delegate and stake Cardano using light wallets like Yoroi, Eternal, Nami, Adalite, and Typhon.
Is staking Cardano worth it?
Staking Cardano is an effective way for investors to earn passive income on their ADA holdings, and if you’re using a non-custodial Cardano wallet to stake, your Cardano never leaves your wallet and you can unstake at any time.
Is staking Cardano risky?
There are some risks involved with staking Cardano, including that a staking pool does not perform as hoped and your rewards may not be as high. Fortunately for delegators, your original stake is not at risk of being penalized if a validator. However, staking through a centralized exchange carries different risks.
Is Daedalus or Yoroi better?
Daedalus is a full-node Cardano wallet, while Yoroi is a light Cardano wallet, so the two aren’t really comparable and serve different purposes. With Daedalus, you download and maintain a copy of the entire Cardano blockchain, while with Yoroi you don’t, but you can still stake your ADA on either.
Is Daedalus wallet owned by Cardano?
Effectively, yes. Daedalus wallet was created by IOHK (Input/Output), which was made by Charles Hoskinson, who also created the Cardano blockchain.
What’s the minimum ADA to stake?
There’s no minimum staking deposit for ADA, but you will pay a refundable fee of 2 ADA for the transaction. You’ll receive this fee back when you unstake your ADA.