Non-custodial wallets are now an essential tool for cryptocurrency users who prioritize both security and the ability to grow their assets. By giving users full control of their private keys, unlike custodial wallets offered by Binance or Bitgo, these wallets greatly minimize the risks of third-party theft or fraud.
Many non-custodial wallets also offer staking opportunities. This is an increasingly popular investment method in the crypto universe that allows users to earn passive income by committing their assets to support blockchain networks.
In this guide, we’ll showcase some of the best non-custodial wallets for staking, starting with NOW Wallet, a top wallet that is best known for offering competitive rewards, customizable staking periods, and user-friendly interface.
1. NOW Wallet: Combining Flexibility, Security, and High Rewards
NOW Wallet, developed by the instant crypto exchange ChangeNOW, is designed to make staking easy and rewarding for everyone, whether you’re just getting started or have years of experience in crypto. One of the more attractive features is the flexibility offered in staking periods, allowing investors to choose from durations of 1, 3, 6, 12, 24, and 36 months. This level of customization is rare in the market but NOW Wallet does a good job in making it easier to align your staking strategy with your financial objectives.
If you’re looking for superior returns, NOW Wallet delivers. Staking Tron (TRX) on NOW Wallet, for example, offers some of the best APYs in the market at 5% a year. For comparison, Coinbase offers a lower 4.65% yield, while Kraken’s rates start at just 3%. The best part of NOW Wallet’s staking platform is you don’t need much to get started as staking requires just one token with a minimum duration of only one month.
For those looking for even higher returns, staking the wallet’s native NOW Token (NOW) can generate up to an impressive 6.25% yearly return, with profits distributed on a weekly basis. Of course, you can also stake popular coins like Solana (SOL) and Cardano (ADA), among several others.
NOW Wallet also supports crypto purchases in over 60 fiat currencies through bank accounts and Visa/MasterCard, making it easy to buy cryptocurrencies directly within the app and immediately start staking them afterwards. Note that, although NOW Wallet can be used without registration or KYC, KYC is required for fiat-to-crypto and crypto-to-fiat transactions through its partner services. The wallet also enables cross-chain swaps, allowing users to seamlessly exchange cryptocurrencies across more than 70 blockchains directly within the app.
With availability on mobile (Google Play and App Store), desktop (macOS, Windows, and Linux), and web platforms, NOW Wallet is designed to manage your portfolio and stake your assets whenever and wherever you want.
2. Trust Wallet: A Solid Choice for Simplicity
Trust Wallet boasts a solid reputation among the crypto community for its simplicity and ease of use, especially for beginners. Its user-friendly interface makes staking hassle-free as rewards are deposited into the user’s wallet.
Trust Wallet supports staking for many of the popular tokens, including Binance Coin (BNB), Cosmos (ATOM), and Tron (TRX). Users can take advantage of multiple opportunities to earn passive income and have the staking rewards deposited automatically into their wallet.
Trust Wallet may not be the best choice for all investors as staking terms are dictated by individual blockchain networks. This means investors have limited choice in the lock-up periods for some tokens. As such, Trust Wallet isn’t necessarily the top choice for investors who need flexibility and in some cases require faster access to their funds.
3. Exodus Wallet: A Sleek and Intuitive Experience
Exodus Wallet is well known among the crypto community and is certainly a fan favorite. In 2021, the company raised $59 million in five days, mostly from non-accredited retail investors. Management made good use of its raise and now designs a beautiful interface that is also convenient for managing and staking crypto assets.
Staking is available for popular tokens like Solana (SOL), Cardano (ADA), and Cosmos (ATOM) and this wallet scores near perfect points at providing transparent displays of APYs, earnings, and staking progress. This all guarantees users fully understand the rates and the amount of rewards that they’re about to get. It’s also this attention to detail that makes Exodus particularly appealing for users who value in-app portfolio tracking and enjoy monitoring their staking performance directly within the wallet.
However, Exodus lacks some important security features, such as two-factor authentication and multisignature support, which poses a major concern for crypto stakers who could risk losing both their initial and staked assets if something goes wrong.
4. Ledger Live: Unmatched Security for Staking
Ledger was founded in 2014 when the crypto industry was still in its very early stages of growth and security options were very limited. Ledger has survived the test of time and today thrives in a market where reputation and longevity is a top consideration, and this same trustworthiness makes it a top choice for crypto staking.
Ledger Live is the companion app for Ledger’s hardware wallets and offers a combination of top-tier security and staking functionality. With support for staking tokens like Polkadot (DOT), Cosmos (ATOM), Ethereum (ETH), and Tezos (XTZ), users can monetize their holdings while enjoying the protection of Ledger’s industry-leading security.
The need to purchase a hardware device is certainly a barrier for users on a tight budget or those who are new to crypto. Additionally, its interface may feel more complex compared to beginner-friendly wallets, with staking adding another layer of difficulty, requiring additional knowledge or steps, while still aiming to provide functionality without compromise.
5. Guarda Wallet: A Versatile Staking Platform
Guarda Wallet supports staking opportunities for the leading tokens, including Ethereum (ETH), Cardano (ADA), and TRON (TRX). Similar to many of its rivals, Guarda Wallet is available on mobile, desktop, and on the web. This makes it highly versatile for users that are device agnostic.
For staking enthusiasts, Guarda Wallet offers an intuitive interface designed to make the process simple and accessible. Clear, step-by-step instructions guide users through the setup, ensuring even beginners can start staking with confidence. The wallet provides real-time APY tracking, allowing users to monitor their earnings and manage rewards directly within the app.
The wallet’s cross-platform availability ensures that users can manage their assets wherever they are. The staking interface deserves praise for providing clear instructions to help users get started. However, the large number of features packed into Guarda Wallet can make the interface feel overwhelming, especially for beginners or those that prioritize staking over other features.
The Verdict: NOW Wallet Stands Out
All the non-custodial wallets mentioned—NOW Wallet, Trust Wallet, Exodus, Ledger, and Guarda—offer unique benefits tailored to users seeking diverse staking options. Among them, NOW Wallet stands out as a versatile all-in-one solution, well praised for its support for over 1,500 tokens. It is respected among the crypto industry—crypto media, investors, and developers.
The wallet’s staking options allow users to take full control of their investments, ranging from short-term liquidity, long-term rewards, or a combination of both. NOW Wallet allows users to stake high APY choices like Tron (TRX) and offers a generous reward program for its native NOW token (NOW).
Advanced security features that go above and beyond full control of private keys include PIN protection and biometric authentication. This is meant to provide users with confidence that their assets will remain secure and fully accessible at all times. The wallet’s interface makes it a top choice for beginners, while experienced investors would appreciate advanced tools and features like access to DeFi projects.
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