6 Best Anonymous Cryptocurrency Wallets

6 Best Anonymous Cryptocurrency Wallets

In today article, I am sharing the 6 best anonymous Cryptocurrency wallets in 2023.

If you need to store Crypto without attaching it to your identity, I’ve got you covered.

On top of you giving the most privacy-friendly wallets, I’ve also shared some anonymity tips. By the end of this piece, your funds will be more anonymous than Satoshi Nakamoto!

Let’s get started then?

How we chose these best Anonymous Cryptocurrency wallets?

Hey, I’m sure you know what anonymous, no KYC crypto wallets are.

However, I wish to make sure that our thoughts align. That we both are looking for the same features/privacy and that this piece will be worth your time.

If you’re new, you can use these to hunt for the best Crypto wallet on your own.

So, here’s how I’ve selected the wallets:

  • No KYC: I’ve only included those wallets which do not require any personal identification on sign up. Better yet, some of these don’t even need registration, at all!
  • Your keys your coins: The essence of “wallets” is they provide you your keys, unlike exchanges. Every platform listed here gives you your keys.
  • Fees: Wallets may have multiple types of fees associated with them. Make sure you check these before depositing your funds.
  • In-built features: Some of these wallets offer you an in-built exchange/swap feature. Others may even offer direct fiat-to-crypto purchase options.
  • Additional anonymity features: Some of these wallets offer Coinjoin, mixing, Ricochet, TOR features. These add to your overall anonymity.
  • Open-source: This isn’t always available but open-source wallets are generally more trustworthy and transparent, aren’t they?
  • Compatibility: You’ll find both desktop/computer, as well as mobile wallets here.
  • Support for Cryptocurrencies: I’ve included both Bitcoin-only, as well as multi-currency wallets here. Make sure you pick one that supports the currency you’ll deposit.

I’m sure you already know this, but just in case you don’t, DO NOT USE CRYPTO EXCHANGES AS WALLETS!

For something to be considered “your wallet”, it must give you full control of your private keys (or other equivalent control architecture).

Let’s get started.

The 6 Best Anonymous Cryptocurrency Wallets in 2023

1. Wasabi

Website: https://wasabiwallet.io

Overview:best anonymous crypto wallet

  • Bitcoin only
  • Desktop only (no mobile apps)
  • 100% anonymous registration
  • In-built CoinJoin
  • Tor supported
  • 3% fee (free transactions also supported

There’s are multiple reasons why Wasabi made it to this list.

For starters, it’s open-source. This means all of its code can be verified by you, or anyone else who understands code. The wallet can not hide backdoors or loopholes.

One of Wasabi’s only low points is its computer-only compatibility. Unfortunately, it isn’t available on any mobile devices yet.  You can use Wasabi on Windows, macOS, Linux though.

CoinJoin is one of its strongest features.

It basically lets a number of users pool their funds together into a single transaction. A lot of you may confuse this with “mixing coins”, it’s not. Mixing coins simply “gives you different coins”. CoinJoin gives you a fraction of the funds, from a large single transaction.

There’s no way to link “you” (the input transaction) to the output transaction.

Of course, there’s a 0.3% fee for using CoinJoin but only for transactions >0.01BTC. You can use CoinJoin free for smaller funds (unless banks, which charge you money for not being able to maintain a minimum balance!)

You also get to choose the “amount of anonymity” you’ll like. It can be set to x10/x40/x50 and so on.

In certain cases, especially if you’re the smallest link in a CoinJoin, you don’t have to pay anything!

You do get a recovery seed which can be used anywhere to recover your funds.

Also, it has built-in support for Tor as well. That will help you mask your IP address and other sensitive information.

The only major downer is it’s Bitcoin-only!

2. Edge

Website: https://edge.app/

Overview:Edge

  • Mobile-only (Android/iOS)
  • 130+ cryptocurrencies supported
  • In-built exchange (5%-2% fee)
  • Purchase crypto directly (7% fee)
  • Multisig-support
  • 100% anonymous
  • No deposit/withdrawal fee

Edge is another all-in-one solution as long as you’re looking for mobile-only wallets. Yes, it’s not available on computers. On the flip side, it’s one of the very few crypto wallets available for iOS devices.

Then, it offers client-side encryption. Meaning, all your data/keys and everything else is encrypted on your device before it reaches the wallet. In simpler words, Edge, its employees, the govt. or aliens (not sure about these) have no way to access your funds or account even if they wanted to.

Of course you get your keys and those can be used to recover/export/import or just play with your funds! There’s no personally-identifiable data required during signing up.

Being mobile-centric, you can also secure your wallet using fingerprints or biometrics!

Another one of its amazing features is in-built swaps. You can swap one coin for another without requiring a third-party exchange. Of course, this carries a fee. It’s generally about 0.5%-2%.

There’s no transaction fee on wallet, not even for withdrawals. You also get to choose the speed of the transaction which decides your fee.

Edge also has an in-built crypto purchase option. You can use your credit cards to buy Crypto directly on the wallet. However, this can be pretty expensive. It uses Simplex (one of the most expensive providers) which charges a 5% fee + there’s an additional 1% Edge fee.

Edge does support login from multiple devices at the same time. It also offers multi-sig support.

It’s not Bitcoin-only and lets you store over 130 different Cryptocurrencies. That’s handy considering how most of you reading this definitely have more than just Bitcoin, don’t you?

3. ZenGo

Website: https://zengo.com/

anonymous crypto wallet

Overview:

  • Mobile-only (Android/iOS)
  • Free first purchase
  • 70+ cryptocurrencies
  • In-built exchange (5%)
  • Purchase crypto directly (99%-3% fee)
  • MPC instead of Private keys (more secure)
  • 100% anonymous
  • No deposit/withdrawal fee
  • 24X7 live chat

ZenGo is a comparatively newer player in the grounds. It too is a mobile-only wallet but does offer some of the most secure features.

Let’s start with anonymous registration. Then, it claims to be the only wallet with “no private key vulnerability”.

It doesn’t even use private keys! Now that sure may be a shocker for some of you, but let me explain. It rather uses MPC cryptography.

That’s a pretty complex process but in simpler words, your account security is now divided amongst multiple parties in an encrypted form. None of these parties have access to your account, or the actual data that they’re entrusted with.

With private keys, you’re the sole owner and guardian of the keys. This makes you an easy target. MPCs can’t be hacked simply because there’s no “key” and no single party owns all parts of the required decryption string.

When this decryption is required, all the machines collaborate together, without having any access to the data they’re helping with.

The wallet also has in-built coin exchange, as well the option to buy Crypto directly using fiat money.

Exchanging one Crypto for another costs 0.5% of the transaction . Buying Crypto has varying fee and depends on the exact processor being used. For new users,  first crypto purchase is 100% free!

Currently, ZenGo supports MoonPay, Banxa and CoinMama. The fee can be as low as 1.99% or as high as 3% or more. The minimum limit too differs, the lowest possible purchase is $50.00 with SEPA.

Oh, it’s one of the very few Crypto wallets that has a very responsive, fast and well-informed live-chat, 24X7.

4. Pint by Bitfia

Website: https://www.bitfia.io/

  • Mobile-only (Android/iOS)
  • 10+ Cryptocurrencies
  • In-built exchange (P2P)
  • Purchase crypto directly
  • 100% anonymous
  • No deposit/withdrawal fee

You’re looking for Cryptocurrency wallets that offer you 100% control, without identification, aren’t you? If yes, Pint totally fits the bill.

It’s obviously non-custodial so you do get 100% control over your private keys.  As for support, over 10 Cryptocurrencies can be stored on Pint.

There’s no fee on deposits or withdrawals. It also features an in-built an exchange. This lets you swap between different Cryptocurrencies seamlessly, without requiring additional registrations.

There’s even an in-built P2P exchange. This lets you buy/sell assets directly to and fro other real human beings. There’s no fee for these trades! You only pay if you “advertise”. Its On Chain escrow makes sure  the escrow account is visible transparently to both parties.

It does seem serious about its security, even the chats are encrypted!

The fee you pay would depend on the exact feature you’re using and the provider. Pint supports Changelly, Shapeshift and CoinSwitch.

Obviously, no registration data is required that can be used to identify you. Being a cold wallet, you can access your portfolio even offline. Of course, transactions would require internet.

5. Samourai

Website: https://samouraiwallet.com/

Samourai wallet is one of the oldest wallets on this list. I’ll be honest, it’s not the most feature-rich wallets but certainly is one of the most anonymous and trustworthy wallets for the job.

It too is a mobile-only wallet. Also, it only supports Bitcoins. No other coins can be stored on Samourai.

However, there’s no “registration” as such. You don’t even need an e-mail ID. You can start using it as soon as it’s installed on your device.

Two of its unique features include Whirpool and Ricochet. So, Whirpool is basically CoinJoin that we’ve previously discussed. It pools funds from multiple users into a single transaction to add anonymity to your output.

The best part? Samourai doesn’t use a “percent-based” fee. Rather, you pay the same fee regardless of your mixing amount.

Additionally, Samourai gives you 3 pool options to select your funds from! The fee can be as high as 0.025BTC or as low as 0.0005BTC.

Ricochet is something that should interest you. When you buy funds from any source, you never know where your source got the funds from.

Now, it’s possible that the coins were a part of some illegal transaction in the past? Or maybe some agency report claims that one of your last 4 transactions for this address were not fully legal!

In any case, services such as Coinbase, Gemini, LocalBitcoins etc. may freeze your funds indefinitely.

But, if you use Samourai and enable “Richochet” when sending your funds to such centralized exchanges, you’re safe. It’s because Samourai adds additional hops to your transaction history. Note that this doesn’t make you “anonymous” but does keep you from getting locked.

Did I mention Samourai is open-source? Yes, it is.

6. Jaxx Liberty

Website: https://jaxx.io/

Overview:

  • 90+ cryptocurrencies
  • Mobile + desktop + browser support
  • In-built coin purchase/exchange features
  • No deposit/withdrawal fee
  • 3%-5% fiat to crypto purchase fee
  • 100% anonymous

Jaxx Liberty is a Canada-based Bitcoin wallet that’s non-custodial and supports nearly 90 Cryptocurrencies.

One of its primary selling points is that it’s available on mobile as well as computers! You can use it on Android, iOS, macOS, Windows and Linux. It even has browser extensions for Chrome.

The wallet does have an in-built support for Changelly and Simplex.  This means, you can buy/sell exchange your coins right on the wallet. Of course, you’ll pay for buying/exchanging the coins depending on the provider. It’s generally between 3%-5% of the transaction.

It even has a price ticker that shows the current price, change etc.

It uses HD wallets. In simpler words, you get a new address after each transaction.

Best anonymous Cryptocurrency wallets- Hardware wallets

In this piece, I only discussed software wallets.

That’s because these are free, easy to install and use and offer more features.

However, nothing beats the anonymity or security you get with hardware wallets.

These are basically devices which look and function like USB-sticks. Your cryptocurrency essentially lives on these devices.

These are also air-gapped, meaning, they aren’t always connected to the internet. Hence, there’s no way these can be hacked or stolen.

Also, registration is as anonymous as can be. Even you can’t prove it’s your wallet unless you keep explicit purchase receipts. Sometimes, not even with the receipts!

The only reason I didn’t make this list about them? These are generally expensive, anywhere between $50.00-$500. Also, setting them up is slightly different than setting up software wallets.

However, if you’re still interested, here are some options you can explore:

  • NGRAVE -Newest, extremely secure.
  • Ledger Nano X – Most popular hardware wallet
  • Trezor wallets – Pretty decent for the price.

How to be even more anonymous while using these wallets?

Let’s face it, these wallets alone can not make you 100% anonymous.

Well, here are a few tips that should add to your anonymity and make you as anonymous as possible.

Do note that these steps aren’t mandatory. They’re completely optional and these wallets are anonymous even if you skip the steps. However, following these would massively add to your anonymity.

  • Download a good VPN (My recommendation is NordVPN)
  • Install NordVPN and connect to a server.
  • Download your Crypto wallet only after connecting to the VPN.
  • Always use NordVPN when using the wallet.
  • Never purchase Cryptocurrencies using fiat modes (credit/debit cards, bank transfers etc.).
  • Try and obtain your funds using P2P payment modes.
  • When paying for your Cryptocurrency, opt for cash if possible.
  • Always use Coinjoin/Whirpool when sending funds/making a purchase using your wallets. The cost is negligible but the benefits are priceless.
  • If in-built Coinjoin or mixing isn’t available, you can use a third-party mixing service as well.

Well, there’s a lot more but I’m guessing you’re getting the idea, aren’t you?

Frequently Asked Questions

Before I sign off this piece, let me try and answer some of the most common questions you may have about Crypto wallets that are anonymous?

Are these wallets really anonymous?

So, how anonymous exactly are these Cryptocurrency wallets? Well, they’re only as anonymous as you let them be. What I mean is, from the wallet’s-end, you’re 100% protected.

They do not require identification or other details. However, if you’ve made a manual error (e.g. purchased your funds from a KYC-compliant source), you still can be traced.

Will these wallets “make you” anonymous?

Yes. Some of these wallets do have the feature to add extra anonymity to your transactions. This is helpful if you’ve bought tainted coins and wish to clean them.

e.g. Coinjoin, Whirpool, Ricochet etc. all add anonymity to your existing coins.

What is multisig?

I did use the term once or twice in this piece. Well, “Multi + Sig” basically stands for multiple signatures. When available, it requires more than one parties to sign a transaction for it to be processed.

Final words- Best anonymous Cryptocurrency wallets in 2023

So, which is the best anonymous Crypto wallet in 2023?

I’ll say go with Wasabi. Do note that “anonymous” doesn’t mean the best or the most feature-rich. Hence, there clearly are wallets that offer more features than these wallets.

However, if “anonymity” is your primary concern, these are top of the line.

I wouldn’t waste much of your time, go give these a try and see which of these wallets fit you best?