Best BEP20 Wallet – Where to Store Crypto on BNB Chain Safely in 2025

BNB Smart Chain (BSC) is a popular blockchain, having processed more than 4K transactions in its five years of operation. So, every serious crypto token holder will be looking to find the best BEP20 wallet.

But there are lots of wallets out there with lots of features. Finding the right one for your needs can be time-consuming. That’s why we’re going to do all the heavy lifting by profiling seven of the best BEP20 wallets. We’ve done all the hands-on testing and analysis for you.

Read on to find out why Best Wallet, OKX Wallet, Zengo, and a few others should be on your shortlist.

What Is a BEP20 Wallet?

A BEP20 wallet holds and processes BEP20 tokens. These are tokens that reside on the BNB Smart Chain (BSC). Since BEP20 tokens are on an entirely different blockchain to, say, Ethereum, you need a wallet that will be able to handle those tokens. This is where a BEP20 wallet comes in.

Some wallets, like Best Wallet, are multichain, offering support for multiple blockchains within one wallet. So you can have Ethereum and BNB sitting side-by-side. Other wallets only support BEP20 tokens, so you need different wallets for different blockchains.

It’s important to remember the difference between various blockchains. If you send BEP20 tokens to a wallet that doesn’t support them, they won’t be displayed in the wallet, even though the tokens exist on the blockchain. In the worst-case scenario, you will lose the tokens altogether, along with the money you paid for them.

It’s technically possible to recover the BEP20 tokens, but wallets tend to charge a high amount for the attempt, and recovery chances are not guaranteed.

It’s important to note that some BEP20 wallets might not support all tokens on the BNB Smart Chain. So before committing to a wallet, always check to make sure that your favorite tokens are supported.

What Is a BEP20 Wallet Address?

So, what is a BEP20 wallet address? It’s a 42-character hexadecimal string starting with 0x that operates on the BEP20 network. An example of a BEP20 wallet address would be 0x4F27b5a76B3aA3f6E52D1E4C781Fc26D1E7f5D6C.

Since BEP20 wallet addresses are very similar in appearance to Ethereum wallet addresses, you need to take extra precautions to ensure you’re using the correct wallet address when making BEP20 token transactions.

To get a BEP20 wallet address, sign up with a BEP20 wallet. Then, go to the ‘Send/Receive’ section and copy your wallet identifier string.

Expert Analysis – Best Wallets for BEP20 Tokens Reviewed

Now it’s time for our expert analysis of the best BEP20 wallets and what makes them unique.

1. Best Wallet – Trade BEP20 Tokens Without KYC Procedures

We start off with Best Wallet, which leads the pack in terms of the best crypto wallets. It will soon roll out support for 60+ blockchains and already supports BEP20 tokens.

The biggest selling point for Best Wallet is its lack of know-your-customer (KYC) processes. Best Wallet can do this because it’s a non-custodial wallet, so it isn’t subject to the regulatory requirements that custodial wallets have to obey to operate.

Therefore, if anonymity in a wallet is your overriding concern, Best Wallet should be at the top of your list.

Best Wallet employs a ‘multichain’ approach, where you can have wallets for different blockchains all within the same wallet interface. For example, your wallet can accept BEP20 tokens and ERC-20 tokens simultaneously.

The easy user interface makes buying, selling, swapping, and sending crypto effortless. An address book saves the addresses you’ve sent crypto payments to, so repeat transactions to the same address are faster and easier.

You can also see new BEP20 tokens in Best Wallet’s ‘Upcoming’ section, so you can buy the best meme coins on presale directly through the wallet’s interface.

Best Wallet is free to download and use, although gas fees apply for transactions.

Visit the official Best Wallet website today.

2. Zengo – Get a Better Wallet Experience With No Seed Phrases

Recovering a crypto wallet usually requires storing long seed phrases. If you forget the seed phrase, you’ve lost your funds forever.

Zengo removes this pain point by removing seed phrases and instead using a recovery file stored on your private cloud, such as Google Drive or Dropbox.

Along with the recovery file and email authentication, you can also use Zengo’s biometric face scanning (similar to a mobile phone) to verify your identity.

The lack of seed phrases may look to some as a security vulnerability. But instead of memorizing a phrase as long as 24 words, MPC helps you with daily access to your wallet by breaking private keys into two or more parts.

These parts are then segregated; some are stored in the wallet and others on Zengo’s secure servers. Splitting the key in this way makes it extremely difficult for an attacker to put them all back together again.

When a transaction needs to be verified, each part of the key works in conjunction with the other parts to approve the transaction. At no time is the whole key revealed, making Zengo a highly secure wallet for BEP20 token holders, especially security-conscious users with large crypto balances.

Zengo also doesn’t ask for KYC verification, making anonymity an overriding priority.

If you’re looking for a software wallet that is serious about security and anonymity, then Zengo is the one you need.

As well as BEP20 tokens, Zengo supports other blockchains and their native tokens.

Visit the official Zengo website today.

3. Cypherock – Recovers Your Wallet Even If You Lose All But Two Of The Recovery Methods

Cypherock’s big selling point is its easier recovery methods. Nobody likes getting locked out of their wallet and funds. So, Cypherock’s recovery method consists of the hardware wallet and four backup cards.

But here’s the kicker – you only need two backup methods to recover your wallet access. So if you drop the wallet over a cliff and lose two of the cards, you can still recover your wallet with the remaining two cards (you’d need to buy a new hardware wallet, though.)

Or the hardware wallet and just one card buried in your mom’s backyard. You get the idea.

As well as BEP20 tokens, Cypherock also handles the big names such as Bitcoin ($BTC), Ethereum ($ETH), USD Coin ($USDC), and Tether ($USDT).

But 9K+ supported cryptocurrencies means that if you have a less popular favorite, then Cypherock likely supports it. This flexibility will be attractive to users with a diverse portfolio.

Also, like Zengo, Cypherock dispenses with seed phrases. This, too, removes a pain point for people who have previously forgotten their phrases and got locked out of their wallets. Instead, as we’ve said, you only need two recovery options – the wallet and one card. Having the extra cards is better, but redundancies are built in if you lose stuff.

Finally, Cypherock is completely air-gapped, meaning there’s no internet or Bluetooth connection. That, along with the four physical cards containing your key fragments, makes Cypherock bulletproof (figuratively).

Visit the official Cypherock website today.

4. Ledger Stax – Manage Your Wallet With An eInk Touchscreen

Ledger Stax makes its mark on the hardware crypto wallet market by providing you with a very responsive eInk touchscreen similar to that of Amazon’s Kindle. At a glance, you can see important information like transactions and balances.

The Ledger Stax was designed by Tony Fadell, the co-creator of the Apple iPod. It uses an always-on display, which is energy efficient and results in longer battery life.  But the always-on feature also means that you always have your wallet details on the screen.

Ledger Stax supports wireless charging, which removes the need for plugs and cables. For people constantly on the go, being able to wirelessly charge and make crypto transactions whenever they want will be a huge draw.

One unique feature is magnetic stacking, which means you can physically put several Ledger Stax devices together to use multiple wallets at the same time. This is unheard of with other wallets and is immensely useful if you have funds spread across multiple Ledger Stax wallets.

The wallets are secured with Secure Element chips, the same type used in bank cards. This makes it much more resistant to direct physical attacks and attempts to add malware.

Visit the official Ledger Stax website today.

5. Tangem – Wear Your Wallet On Your Finger For Quicker Access

If you’re looking for a conversation starter at parties, Tangem will get the tongues wagging. You can wear this highly portable wallet on your finger as a ring, which makes it very difficult to steal. The ring being black, however, isn’t going to win you any style points.

In case you’re worried about the ring falling apart, its durability is assured with high-purity, hypoallergenic zirconia ceramic, making the ring both scratch-resistant and waterproof.

To make transactions and interact with the wallet, you tap the ring against an NFC-enabled smartphone that has the Tangem app installed.

You also get up to three physical credit card-sized cards with backups of your wallet on them. Each card acts as an independent private key, so you only need to tap one against your phone to access your wallet.

Moving your backup data to the ring is not possible because each card and the ring have separate private keys. It’s also important to note that if rings are not your thing, you can only have your wallet on the cards. The black Goth-like ring is optional.

Card form factor means there is no need for seed phrases (another plus), but you need to take good care of the cards. Without the traditional backup, you could find yourself locked out of your wallet with no recovery options. Saying that, you only need one card to access the wallet – even if you lose the rest, your funds are safe.

The ring and the cards are completely protected against remote attacks by not accepting Bluetooth or USB connections. The firmware is also locked at the factory, preventing rogue firmware updates.

Finally, the company claims the ring and the cards will last up to 25 years – no charging required. Everything is wireless.

Visit the official Tangem website today.

6. Ellipal – Safeguard Your Crypto With a Self-Destruct Feature

Anyone who’s into the Mission Impossible movie franchise with their ‘this will self-destruct in five seconds’ will love Ellipal. If it detects attempts to access the wallet without authorization, it will self-destruct, destroying all the data contained within.

Obviously, it’s not going to explode – instead, if it detects tampering or multiple unsuccessful attempts to get into the device, Ellipal will immediately wipe all the data. This stops an attacker from eventually getting in and stealing your funds.

If this happens, the Ellipal device will be rendered completely unusable, which means you will need to buy a new device and then use your seed phrase to regain access to your funds.

What also makes Ellipal stand out is its construction. It’s made of a solid aluminum alloy, making physical tampering extremely difficult, if not impossible. It’s airgapped against USB, Bluetooth, and Wifi, which prevents unauthorized online connections.

Ellipal wallet connects to a native DEX and approves all transactions when you scan a QR code with your mobile device. Using a DEX also removes KYC requirements, a big plus for anonymity advocates.

Finally, you can add multiple wallets to the same hardware device, so you can have one for personal use, one for business use, and so on.

Visit the official Ellipal website today.

7. Trezor Wallet – BEP20 Wallet With Open-Source Security

A standout feature is that Trezor Wallet is a wallet with open-source code. When something is closed-source, customers must take the company’s word for everything. Open-source lays everything bare for third parties to independently verify the company’s security claims.

With this increased scrutiny of the wallet’s code, Trezor users can be reassured that any possible bugs and backdoors into the wallet will be found and squashed. This increases the users’ confidence that their funds are safe.

Extra focus on security is imperative for BEP20 token holders, as the BSC blockchain is one of the most popular and busiest blockchains. This means BSC is a prime target for scammers and hackers.

Because Trezor is a non-custodial wallet, users completely control their funds and private keys. The keys never leave the wallet and remain completely offline. The PIN and recovery phrase are also generated offline, removing the possibility of remote hacking and malware.

Visit the official Trezor  Wallet website today.

How to Choose the Best BEP20 Wallet

If you’re still unsure about how to choose the best BEP20 wallet, here are some things you should include in your deliberations.

Security

Security is always the most important factor when choosing a wallet. BEP20 wallets come as either custodial or non-custodial. Your money is stored on the BNB Smart Chain and can only be accessed using your private keys or seed phrases.

The downside of non-custodial wallets is that you will lose access to your money forever if you forget your private key or seed phrase. There’s nobody around to help you recover your funds. Examples of non-custodial BEP20 wallets include Best Wallet, Ledger, or Trezor.

In comparison, a custodial wallet is one where a platform or exchange controls your private keys and funds. Therefore, if the platform is hacked, you might lose everything. But if you forget your wallet password, the platform can usually help you.

Examples of custodial BEP20 wallets include Binance Exchange Wallet and KuCoin Exchange Wallet.

As for software wallets versus their hardware counterparts, hardware is better for long-term crypto investments since you keep the wallet offline until you need it, making it extremely difficult for hackers to break in. This is called ‘cold storage.’

Custodial wallets are very susceptible to online hacks and single points of failure. For example, in February 2025, ByBit lost $1.4B in $ETH due to a hack. The ramifications of this hack are still being felt. $1.4B tends to do that.

You should also focus solely on those that provide two-factor authentication. You can never have enough layers of security.

Supported Cryptos

As we said previously, not all BEP20 wallets support all BEP20 tokens. So, the next thing to look at is a wallet’s supported currencies.

Some wallets also support non-BEP20 tokens, such as Ethereum ($ETH) and Bitcoin ($BTC). A good example is Ledger, Trust Wallet, and Zengo. Our top choice, Best Wallet, can hold multiple balances across multiple blockchains.

Looking at the wallet’s website will usually tell you which tokens it supports.

Anonymity & KYC policies

Some wallets have no KYC requirements. If anonymity is a huge factor for you, you need to focus all your attention on those and no-KYC crypto exchanges.

Custodial wallets generally have the lowest level of anonymity due to mandatory KYC and anti-money laundering (AML) requirements. These wallets are run by third-party platforms, such as Coinbase and Binance, and have to comply with the financial regulations of the country they operate in.

Since KYC requires giving personal details, as well as proof of identity (such as your passport or driving license), anonymity is practically non-existent.

These are all essential factors when deciding which BEP20 wallet you should go with, factors that we, too, heavily focus on when making our recommendations.

How to Use a BEP20 Crypto Wallet

Before we conclude our analysis of the best BEP20 wallets, it would be helpful to see how exactly you set up one of these wallets. For this article, we’ll use our top choice, Best Wallet.

Step 1: Install Best Wallet

Go to Best Wallet App and download it. It’s available for free for iOS and Android devices.

Step 2: Set Up Security Features

Once you’ve set up your account, you will need to enable some security features.

• Biometrics: Unlock your wallet with your face scan.
• Change passcode: Put a passcode on your wallet.
• Two-factor authentication: Add a 2FA code for extra protection.
• Hide suspicious tokens: This conceals any coins that Best Wallet deems to be very risky.

Step 4: Fund Your Wallet

Now, you need to fill up your wallet with some crypto to make transactions. Since you’ll be dealing in BEP20 tokens, buy some Binance Coin ($BNB) for gas fees.

Go to the ‘Buy’ section and put through the transaction. Be sure to have a payment method registered, such as a credit card (this will automatically kick in Apple Pay or Google Pay, depending on your device).

Step 5: Buy BEP20 Tokens

Once you’ve got your $BNB tokens for gas fees, you can go ahead and buy your $BNB tokens. Go to Trade → Buy and find your desired cryptocurrency.

If you don’t have enough $BNB to pay the fee, you’ll need to go back to the previous step and add more.

Conclusion – The Best BEP20 Crypto Wallets

We’ve highlighted the seven best BEP20 wallets for all requirements. Some are software-based wallets, some are hardware wallets, and some are a hybrid of software and hardware. Our top choice for a BEP20 crypto wallet is Best Wallet, which supports multiple blockchains, including Binance Smart Chain (BSC).

We should take pains to point out that although we have given you our expert analysis, you should still do your own independent research into these wallets. Consult multiple credible sources, weigh up all the pros and cons of each wallet, and make your own independent decision.

FAQs

1. What is the best wallet for BEP20?

The best wallet for BEP20 tokens is (ironically) Best Wallet. It is gradually introducing support for 60+ blockchains, including the BNB Smart Chain (BSC), which BEP20 runs on. With its use of multi-chains, Best Wallet offers the functionality to operate multiple blockchains within the same wallet.

2. Which wallet has a BEP20 address?

Any wallet that supports the BNB Smart Chain (BSC) will offer a BEP20 address. All the wallets included in our list of recommendations offer BEP20 addresses, such as Best Wallet.

3. Is MetaMask a BEP20 wallet?

MetaMask is not a BEP20 wallet by default, but it can be configured to accept BEP20 tokens with a few tweaks. Simply add the following Binance smart chain details:

• Network Name: Binance Smart Chain
• New RPC URL: https://bsc-dataseed.binance.org/
• Chain ID: 56
• Symbol: BNB
• Block Explorer URL: https://bscscan.com/

4. What apps support BEP20?

As well as wallets, BEP20 is also supported by decentralized exchanges (such as PancakeSwap and MDEX), DeFi platforms (such as Venus Protocol and Alpaca Finance), NFT marketplaces (including Binance NFT and BakerySwap), and gaming apps such as BinaryX and Mobox.