Top 5 WAX Wallets for Secure Cryptocurrency Storage in 2025

Worldwide Asset eXchange (WAX) — A Comprehensive Web3 Ecosystem

WAX, known as the Worldwide Asset eXchange, is an innovative web3 ecosystem and protocol coin aimed at enhancing e-commerce transactions by making them quicker, more straightforward, and secure. This platform serves as a comprehensive toolkit for decentralized applications (DApps), gaming, and non-fungible tokens (NFTs). Established by QPSkins, a digital marketplace for trading products, WAX launched its public sale in November 2017. Since then, it has experienced significant growth, evolving into one of the most adaptable blockchain networks available. To effectively buy or store WAX, users must utilize a wallet that supports the cryptocurrency. Here, we present a curated list of the top five WAX wallets, evaluated based on criteria such as security, reliability, and versatility.

Methodology: Selecting the Top 5 WAX Wallets in 2025

The process of identifying the best WAX wallets involved a thorough assessment of various features, including security, user-friendliness, integration within the WAX ecosystem, and overall user experience. This methodical approach was conducted over a six-month period to ensure that a diverse selection of wallets catered to the needs of the WAX community.

WAX Cloud Wallet

The WAX Cloud Wallet was selected for its user-friendliness and seamless integration with the WAX blockchain. It accommodates multiple WAX coins and Ethereum tokens, making it easy for users to collect NFTs and access DApps. The wallet’s intuitive interface and free access make it particularly appealing to newcomers in the WAX ecosystem. Key advantages include:

• A simple interface that welcomes users of all skill levels.
• Cloud-based access, allowing users to connect from any device with internet access.
• No need to manage private keys, minimizing the risk of losing access due to misplaced keys.

Scatter Wallet

Chosen for its non-custodial design, the Scatter Wallet grants users complete control over their private keys. It supports all EOSIO-based blockchains, providing a straightforward interface suitable for accessing various WAX DApps. Noteworthy features include:

• Independence from third-party services, thus reducing risks associated with outages or breaches.
• Enhanced security as a desktop wallet, which stores information locally, making it less vulnerable to online attacks.
• The ability to connect with other wallets, such as Ledger or Trezor.

Anchor Wallet

The Anchor Wallet stands out for its security features, designed specifically for EOSIO-based networks. It employs locally encrypted key storage and is compatible with Ledger hardware wallets, making it a secure option for holding WAX assets. Key features include:

• Versatility with availability on both desktop and mobile platforms, catering to users who require flexibility.
• Open-source design, ensuring that no identifiable information is collected by the servers it connects to.
• Integration with features for Antelope-based networks, including a limited number of free transactions.

Ledger Nano X

Celebrated for its robust security, the Ledger Nano X is a hardware wallet that provides offline storage for WAX and various other cryptocurrencies. Its Bluetooth functionality and extensive asset support make it a reliable choice for secure asset management. Key advantages include:

• Ample storage capacity to accommodate over 1,000 cryptocurrencies.
• Compact and durable design for everyday use.
• Strong network effects leading to compatibility with multiple wallets.

Trezor Model T

This hardware wallet is recognized for its offline storage capabilities and extensive support for a wide range of coins and tokens. The Trezor Model T features a large touchscreen and user-friendly interface, alongside strong security measures, making it an excellent option for storing WAX assets. Notable features include:

• Compatibility with more than 1,400 coins and tokens.
• Support for popular browsers and desktop operating systems.
• Enhanced security through U2F and FIDO2 authentication methods.

Each wallet on this list was scrutinized based on its unique strengths, including usability, security features, asset support, and integration with the WAX ecosystem, to address the varied preferences and needs of cryptocurrency wallet users.

What is a WAX Wallet?

A WAX wallet serves as a vital access point to the WAX blockchain ecosystem. It is essential for storing, sending, and receiving funds, enabling users to manage their NFT collections, access DApps and ETH Bridge, and stake assets to earn rewards. For secure storage of WAX and other cryptocurrencies, users are encouraged to consider the Ledger wallet.

Different Types of WAX Wallets

As highlighted earlier, several wallets are available for storing WAX assets, each offering distinct features. These wallets can be classified into two main categories: non-custodial and custodial. While some are designed for flexibility and everyday use, others prioritize security and specialized services. Custodial wallets manage users’ private keys, while non-custodial wallets provide total control over assets.

Custodial Wallets

A custodial wallet is a type of WAX wallet where a third party oversees the management of users’ private keys. Centralized crypto exchanges like WAX Cloud Wallet, Coinbase, OKX, and Crypto.com are examples of this type. While they allow for smooth transactions without the worry of losing private keys, custodial wallets introduce security vulnerabilities. In the event of a security breach, hackers could potentially access users’ private keys, posing a risk to their funds.

Non-Custodial Wallets

Conversely, non-custodial wallets provide users with full autonomy over their WAX assets, without third-party involvement. Although these wallets may be more technical, they generally offer improved security and transparency. Non-custodial wallets are available in various forms, including software wallets, which store private keys on computer storage, and hardware wallets, which are USB devices that keep keys offline. Hardware wallets are particularly secure as they allow users to process transactions offline and validate them when connected to a computer. Examples of non-custodial WAX wallets include the Scatter wallet and Ledger Nano X.

5 Best WAX Wallets

1. WAX Cloud Wallet

The WAX Cloud Wallet is a straightforward option that provides users with easy access to the WAX blockchain and its decentralized applications. This wallet simplifies the collection and storage of NFTs, as well as managing the three types of WAX coins — WAXE, WAXP, WAXG, along with various Ethereum tokens. Users can conveniently sign in using social media accounts like Google, Facebook, Reddit, and Twitter. As a managed wallet, it handles private keys, and it is accessible on Windows, macOS, Android, and iOS devices. Developed by a team of industry experts from the EOS Amsterdam and Ethereum communities, the WAX Cloud Wallet aims to deliver a seamless user experience.

Key Features:

• Engage in buying, collecting, and selling NFTs or interfacing with DApps.
• Manage NFT collections through a dedicated dashboard.
• Connect to various DApps via the DApps menu.
• Stake and earn rewards on the WAX and Ethereum blockchains.
• Access to WAX blockchain updates through WAXNews.

Pros and Cons:

• Pros: Free to use, easy account setup, user-friendly interface.
• Cons: Slower performance due to cloud data storage, lack of private key access, preventing users from importing existing WAX accounts to other wallets.

2. Scatter (Hot Wallet)

The Scatter Wallet is a non-custodial wallet that allows users to store WAX and other supported digital assets. It functions as a decentralized solution for signatures, identity management, private data handling, and transaction validation, all operating locally on user devices. Supported on various platforms, including Windows, Mac, and Linux, as well as mobile devices, Scatter Wallet was founded in 2018 by a development team called GetScatter.

Key Features:

• Compatibility with all EOSIO-based blockchains.
• Cross-platform support for Windows, macOS, Linux, iOS, and Android.
• Offers free transactions.

Pros and Cons:

• Pros: Launched in 2018, easy integration, access to various WAX DApps, hardware wallet support, available as a browser extension and mobile app.
• Cons: Limited options for purchasing cryptocurrency, history of hacks and phishing attacks.

3. Anchor (Hot Wallet)

The Anchor Wallet is a custodial digital wallet focused on security for all WAX coins and EOSIO-based networks. It utilizes strong encryption methods to ensure user privacy and security. Anchor Wallet supports multiple EOSIO chains, including Proton, and is compatible with various operating systems like Windows, Linux, and macOS. The wallet makes it easy to sign into EOSIO-based applications through a simple link click or QR code scan.

Key Features:

• An intuitive interface supporting essential EOSIO functions, such as crypto transfers and resource management.
• Multi-chain support for various EOSIO-based blockchains.
• Locally encrypted key storage using AES-256, ensuring private keys remain secure.
• Compatibility with Ledger hardware wallets for added security.

Pros and Cons:

• Pros: Support for all EOSIO-based blockchains, cross-platform compatibility, limited free transactions.
• Cons: The interface can be technical and complex.

4. Ledger Nano X

The Ledger Nano X is a renowned hardware wallet that allows users to manage WAX and thousands of other cryptocurrencies. This device features increased storage capacity and Bluetooth connectivity, offering a secure method for asset management. The Ledger company, established in 2014, designed the Nano X with an intuitive interface for transaction verification.

Key Features:

• Secure Bluetooth capabilities for enhanced usability.
• Offline storage of funds, reducing exposure to online threats.
• Support for over 1,000 applications.

Pros and Cons:

• Pros: Compatibility with over 1,300 crypto assets, Bluetooth functionality, support for various desktop and mobile operating systems.
• Cons: Relatively high cost, and users cannot directly purchase WAX assets through the Ledger Nano X.

5. Trezor Model T

The Trezor Model T is another excellent hardware wallet for storing WAX and a wide array of other supported coins and tokens. Users can manage their assets directly through the Trezor Wallet application, which allows for asset exchanges. Launched in 2018 by SatoshiLabs, the Trezor Model T features a touchscreen interface and robust security measures, including two-factor authentication.

Key Features:

• Supports U2F and FIDO2 authentication methods.
• Compatibility with Windows, macOS, and Linux, along with browser support in Firefox and Chrome.
• Manages over 1,200 coins and tokens, alongside unlimited hidden wallets.

Pros and Cons:

• Pros: Large color touchscreen, user-friendly, offline storage with PIN and passphrase protection, ability to buy crypto assets with fiat.
• Cons: Not compatible with iOS, higher price point compared to other hardware wallets.

WAX Wallets Compared

Choosing the Right WAX Wallet

This guide presents a comprehensive overview of various WAX wallets. However, determining the "best" wallet is subjective and depends on personal preferences, convenience, financial capacity, risk tolerance, and usage habits. Generally, hardware wallets offer superior security, while software wallets may be more convenient for daily transactions.

Frequently Asked Questions

Is Coinbase a WAX wallet? Currently, WAX is not available on the Coinbase platform. Therefore, it cannot be classified as a WAX wallet. However, WAX coins can be purchased through wallets like WAX Cloud, Anchor, and hardware options such as Ledger Nano X.

Can you sell NFTs on a WAX wallet? Yes, the WAX blockchain supports NFTs. Utilizing the WAX Cloud Wallet and marketplaces like Atomichub or Collectables makes trading NFTs on WAX convenient.

What wallet should I use for WAX? The WAX Cloud Wallet is the native wallet for WAX users. It allows exploration and connection to the WAX network, including various DApps and NFTs. Depending on user needs, Anchor, Ledger, Scatter, and Trezor wallets are excellent alternatives for securely storing WAX.

Can I send WAX to Coinbase? No, WAX is not supported by Coinbase, preventing users from sending WAX to the exchange platform. For WAX wallets, options include WAX Cloud Wallet, Anchor Wallet, Ledger Nano X, Trezor Model T, and Scatter Wallet.

Can MetaMask store WAX tokens? MetaMask is primarily designed for Ethereum and does not natively support the WAX blockchain. Users need a wallet compatible with WAX to store its tokens to prevent potential loss.

Can I trade WAX tokens directly through a wallet interface? Some wallets with integrated exchange or swap features might allow trading WAX tokens directly. However, this capability depends on whether the wallet provider supports such trades. Users should confirm their specific wallet’s functionalities for efficient trading of WAX tokens.

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