Storing cryptocurrencies and managing private keys securely is more crucial nowadays, especially for novice users who may face difficulties maintaining them due to the complex technical aspects of private keys. The risk of losing accessibility to assets due to lost or hacked keys is decreased by this arrangement because custodial providers frequently provide backup and account recovery options via identity verifications or password restoration. Custodial wallets also often incorporate other functions like trading, staking, and portfolio management into a single platform, which helps users access and manage cryptocurrency. In this blog, we explore custodial cryptowallets and the most popular top 10 custodial cryptowallets in 2025.
What is a Custodial crypto wallet?
A custodial wallet is a digital wallet, usually from a cryptocurrency exchange, in which your private keys are controlled by a third-party service provider (the custodian). This implies that the provider, not you, is in charge of your money, but it provides professional security features like multi-signature and cold storage, as well as convenience and features like password recovery. You access your funds using the provider's platform, similar to a bank account, but you must trust the custodian with the security and safety of your assets.
The ten most Popular custodial crypto wallets in 2025
We mention the top 10 custodial crypto wallets that gained popularity among users in the market of the year 2025.
Binance
The leading custodial crypto wallet is Binance due to the high liquidity and solid security. Binance is designed to manage digital assets easily and securely for all levels of users. Biance's custodial solution allows users to hold private keys, making account recovery simple and providing superior customer service, while users gain efficient trading and incorporated earning options. More than 350 cryptocurrencies are stored and managed. Instant swaps and trading are made easily within the exchange.
Earning products, staking, and saving are integrated into the Binance for accessing assets directly from the wallet.
Coinbase custodial wallet
Coinbase is a leading US-based crypto custodial wallet that stores users' assets and private keys securely, which is ideal for new investors or those who prioritize convenience. Coinbase supports more than 200 digital assets and tokens. Coinbase uses some protection methods, such as FDIC-insured USD holding and exchange insurance against hacks, which helps to manage Private keys securely. These features also include Simple fiat deposit and withdrawal options, automatic wallet backups, and fast crypto-fiat conversions.
Kraken custodial wallet
Kraken is an experienced cryptocurrency exchange known for its security and transparency. Their custodial wallet caters especially to those who value strong protections and regulated operations, and Kraken’s robust infrastructure ensures fund safety and quick dispute resolution. Kraken custodial wallet is packed with comprehensive aspects, Multi-layered security and cold storage, extensive asset insurance, supports a wide range of coins and tokens, API access for high-volume traders, regulated operations in several global jurisdictions, and round-the-clock customer support.
Blockchain.com wallet
The most recognized brands in the crypto market that cater large user base are Blockchain.com Wallet. Their custodial wallet is easy to use, connects with an in-app exchange, and gives users access to fiat withdrawal and deposit options in certain regions. Store, swap, and buy top cryptos, user-friendly mobile and web interfaces, fiat on-ramps (regional), daily backup and restore options, real-time transaction alerts, identity and fraud protections.
BitGo custodial wallet
BitGo specializes in secure institutional-grade custody and is a trusted provider for exchanges, firms, and individuals with large crypto holdings. Its wallet is known for its multisig technology and compliance with major global regulations. The security protocols, like a multi-signature wallet structure, a cold storage wallet, and more, also support diverse cryptocurrencies and tokens.
Freewallet
Freewallet gained popularity for easy-to-use mobile wallets and supports custodial storage for a vast variety of cryptocurrencies. A free wallet can store more than 100 cryptocurrencies, so users can store and manage any cryptocurrencies that have built-in crypto swap and exchange services. Seamless support for recovering user data and passwords. Once transactions are completed successfully, confirmation will be sent via SMS and email notifications.
KuCoin custodial wallet
KuCoin is a rapidly growing global exchange offering broad custodial wallet functions tied to a feature-rich ecosystem. It appeals to traders and DeFi enthusiasts looking for easy access to new tokens and financial products. It supports hundreds of coins and tokens, integrated staking, lending, and DeFi portal risk management systems with an insurance fund. It is programmed with strong app security and KYC procedures, ensuring the platform provides a reliable user experience for users and works seamlessly on both mobile and desktop.
Bitmex
Bitmex is a growing platform in 2025 due to its extensive security. It is designed for active crypto trading and can manage up to 100 assets in the BitMex exchange. An advanced tool is integrated in Bitmex for easy trading and analytics. It is built with multi-signature, cold wallet integration, with frequent audit and reconciliation of balance, which ensures transactions will be safe and no unauthorized automatic transactions.
On-chain custodian
Onchain custodian is a Singapore-based custodian wallet with standard security protocols like multisignature, which combines encryption, insurance, and compliance to protect digital assets safely from hackers. It supports an array of cryptoassets and user can store their available cryptocurrencies.
Gemini custody
In recent days, Gemini custody has gained popularity among users due to NYDF's regulated platform, and maintains various security standards for protecting more than 100 digital assets and tokens safely. It uses an advanced hardware system named cold storage, which can keep your cryptocurrencies or other digital wallets safe from hackers. Round-the-clock support is available here for users to guide and solve technical issues.
Wrappup
The usage of digital assets has decreased, but it will remain complex and challenging, especially for beginners. So, preferring a custodial wallet is recommended for beginners for asset management and choosing these custodial agents based on the user preference, based on such factors as mainly security standards and regulation compliance. Being an entrepreneur, looking to launch a startup with above mentioned custodial wallet-like app? Yes, you are in the right place. Plurance is the foremost crypto wallet development company by driving the global blockchain-based market with cutting-edge technology and delivering successful projects for global customers. Our developers will transform your crypto-based business vision into a fully functional, scalable product that will help you to hit profit margins easily and reach your brand across the globe.