What is a DeFi wallet?

Also called a smart contract wallet, a DeFi wallet is very flexible and can access a variety of applications. DeFi wallets are generally Ethereum compliant and support Ethereum's native ether cryptocurrency as well as ERC-20 crypto tokens and ERC-721 NFT tokens (see ERC-20 and ERC-721).If you’re looking to invest in cryptocurrency in a decentralized manner or wish to generate a yield on your idle holdings, then opening a DeFi crypto wallet is a crucial component to your success. Below are some of the best DeFi wallets available today, which we will review in this guide:

DeFi Swap – Overall Best DeFi Wallet for 2022

Crypto.com DeFi Wallet – Top DeFi Crypto Wallet with Low Fees

ZenGo – DeFi Dapp Compatible Wallet

Trust Wallet – Best DeFi Wallet for Asset Selection

MetaMask – Popular DeFi Wallet with 30 Million Active Users

Coinbase Wallet – User-Friendly DeFi Wallet with Decentralized Web Browser

Trezor – Best DeFi Wallet for High Security

Ledger – Leading DeFi Wallet Provider for Cold Storage

Argent – Best DeFi Wallet for Staking