Home Cryptocurrency The Best Cardano Wallets in 2025 – Features, Fees, Staking & More

The Best Cardano Wallets in 2025 – Features, Fees, Staking & More

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Cardano has grown into one of the most respected ecosystems in crypto, but to make the most of it, you need the right Cardano wallet.

I’ve spent years testing and using different wallets across the Cardano blockchain, and after trying multiple options, I have narrowed it down to my top choices.


Short on time? Here are the best Cardano wallets at a glance.

Editor's Choice
  • Buy, store and spend thousands of cryptocurrencies
  • 60+ chains supported including Bitcoin, Ethereum and Solana
  • Earn rewards with staking, cashback and airdrops
Editors' Choice

Complete tasks to receive up to 55 USDT (terms and conditions apply)

Complete tasks to receive up to 55 USDT (terms and conditions apply)

  • Trade and earn with more than 300 cryptos
  • Grow your portfolio with trading bots and passive income strategies
  • Go long or short with derivatives and futures
OKX
Editor's Choice

New users can earn rewards worth 100 USD {terms and conditions apply)

New users can earn rewards worth 100 USD {terms and conditions apply)

  • The worlds largest and most popular crypto exchange
  • Trade, earn or spend 370+ cryptocurrencies
  • Grow your portfolio with trading bots, derivatives, lending and NFTs

Receive a welcome bonus to start your crypto journey (terms and conditions apply)

Receive a welcome bonus to start your crypto journey (terms and conditions apply)

  • Trade crypto with upto 100x leverage
  • Copy other winning traders with copy trading or bots
  • Despoit with credit or debit card instantly

Sign up, deposit $100, trade $10 to get $50 rewards (terms and conditions apply)

Sign up, deposit $100, trade $10 to get $50 rewards (terms and conditions apply)

  • Trade 500+ cryptos with leverage
  • Deposit with credit, debit or bank transfer
  • Grow your portfolio with trading bots, copy trading and staking

The best Cardano wallets at a glance

Below is a quick summary of the best Cardano wallets I’ve tested in 2025.

Cardano walletWhy I like it
Best WalletThe best overall ADA wallet with full support for the Cardano blockchain, built-in DEX, and complete privacy
OKX WalletBest Cardano wallet app for DeFi users, with seamless dApp integration and full control over private keys
Binance WalletGreat for ADA holders who want to access advanced trading tools, margin, and a massive ecosystem
Exodus WalletThe most user-friendly desktop wallet for Cardano, perfect for beginners looking to store ADA securely
Margex WalletBest wallet for anonymous margin trading, offering privacy without KYC and cold storage for ADA
Bybit WalletA mobile-friendly ADA wallet built for users who want to earn passive income through rewards and airdrops
Ledger FlexA highly secure wallet for long-term ADA storage, using offline cold storage and encrypted private keys
Trezor Model OneThe most affordable hardware wallet for ADA, ideal for users who want a secure wallet without the high cost

Next, I’ll break down each option with real insight into how they work, who they’re for, and what to know before getting started.

1. Best Wallet – The best Cardano wallet overall in 2025

  • Supported cryptos: 1,000+
  • Supported blockchains: 50+
  • Type of wallet: Software wallet (hot)
  • Type of storage: Non-custodial
  • Deposit methods: Cryptocurrency, debit/credit card (via third-party integration)
  • Trading fees: Varies by network conditions
  • Security features: Biometric login, two-factor authentication, encrypted private keys
  • Anonymous features: No KYC required, alias-based addresses, built-in DEX for private swaps

If I had to recommend just one Cardano wallet to cover all bases, it would be Best Wallet

I’ve used it across multiple devices, and what makes it stand out is how much it offers without asking for anything in return, not even your ID.

This non-custodial wallet gives you full control over your private keys and lets you access digital assets across more than 50 blockchains.

Screenshot of Best Wallet homepage | Source: Best Wallet
Source: Best Wallet

For ADA holders specifically, it’s one of the most complete solutions out there. You can store, send, and receive Cardano tokens, connect with dApps, and even make token swaps inside the wallet without leaving the app.

On top of that, it supports Cardano staking, which means you can earn rewards without compromising privacy.

Everything is built with security in mind, from encrypted PINs to biometric logins, all while avoiding any KYC requirements.

Why Best Wallet is the best Cardano wallet overall

Best Wallet combines privacy with functionality in a way that most wallets don’t. It doesn’t just support the Cardano blockchain, it’s actually built to make the most of it. You get the freedom of a decentralized experience, but with the polish of a modern app.

If you’re wondering where to store Cardano without sacrificing flexibility or security, this is the wallet I’d trust.

Pros

  • You can stay fully anonymous while managing your ADA and other crypto assets
  • Supports staking without needing a third-party platform or identity check
  • Works across more than 50 blockchains, including full support for the Cardano network
  • Easy to use, even for beginners switching from other wallets
  • The built-in DEX lets you swap tokens directly inside the app

Cons:

  • Only available as a mobile wallet, which might not suit desktop-first users
  • Network fees can spike during congestion, especially for large transactions

If you want to know more about this wallet, be sure to read our comprehensive Best Wallet review, which includes all the finer details.


2. OKX Wallet – The best Cardano wallet for DeFi users

  • Supported cryptos: 1,000+
  • Supported blockchains: 80+
  • Type of wallet: Software wallet (hot)
  • Type of storage: Non-custodial
  • Deposit methods: Cryptocurrency, fiat through third-party services
  • Trading fees: Varies depending on the blockchain
  • Security features: Two-factor authentication, multi-signature support, PIN encryption
  • Anonymous features: No KYC required, dApp integration, full control over private keys

If you’re exploring the Cardano ecosystem with DeFi in mind, OKX Wallet is the one I’d point you to.

I’ve mostly used it via the browser extension, especially when connecting to dApps, and it’s been surprisingly smooth, even with more complex DeFi tools.

One thing I like is how it doesn’t rely on third-party servers. The wallet keeps everything non-custodial, so I’m always in control of my private keys. And because it supports over 80 chains, I never had issues managing ADA tokens alongside other assets I hold.

A screenshot from the OKX wallet website
Source: OKX Wallet

Connecting to staking pools or DeFi platforms like Minswap takes just a few clicks, and the UI never feels bloated or confusing.

It’s also fast. Transactions go through quickly, and I’ve rarely run into any bugs or delays when using it for real-time swaps or bridging. That level of performance matters when gas fees and timing affect profitability.

Why OKX Wallet is the best Cardano wallet for DeFi users

Most wallets offer ADA staking, but OKX goes a step further. It’s built for full DeFi participation, letting you engage with lending, borrowing, farming, and governance, all from one place.

The Cardano wallet experience here is smoother than you’d expect for something this feature-rich.

If you’re serious about maximizing what ADA can do beyond holding, this is the wallet for Cardano you’ll want in your toolkit.

Pros

  • Seamless integration with DeFi platforms across the Cardano network
  • Non-custodial setup, meaning you fully control your private keys
  • Clean interface that works across browser, desktop, and mobile wallet
  • No KYC needed for swaps, staking, or wallet features
  • Easy access to staking pools, liquidity tools, and digital assets

Cons:

  • Might feel overwhelming for beginners who just want to store ADA
  • Some DeFi-related actions can result in higher fees on certain networks

A good alternative for DeFi multi-chain options like ERC20 wallets. If you want to manage multiple assets, don’t miss this guide to the best ERC20 wallets of 2025.


3. Binance Wallet – The best Cardano wallet for active trading

  • Supported cryptos: 350+
  • Supported blockchains: 10+
  • Type of wallet: Software wallet
  • Type of storage: Non-custodial, hot and cold (for exchange-held funds)
  • Deposit methods: Cryptocurrency, credit card, bank transfer
  • Trading fees: 0.10% per trade, up to 3% for card purchases
  • Security features: Two-factor authentication, cold storage integration, withdrawal whitelist
  • Anonymous features: KYC not required for smaller transactions and anonymous browsing up to certain limits

Binance Wallet is ideal if you’re an active trader who deals with ADA regularly. I’ve used it both for daily trading and long-term positions.

What makes it stand out is how smoothly everything connects. Swaps, market orders, and portfolio tracking all happen within a single interface.

Binance Wallets supports native Cardano tokens, and swapping ADA for other crypto assets is instant. You can also tap into liquidity pools and basic Cardano staking features without leaving the wallet environment.

binance homepage
Source: Binance Wallet

One thing I’ve always appreciated is the built-in security stack. A portion of user funds is held in cold storage, and features like withdrawal whitelists and two-factor authentication (2FA) give it an extra layer of confidence.

That said, privacy-focused users might find the KYC requirement for higher limits restrictive.

Why Binance Wallet is the best Cardano wallet for active trading

This is the wallet for Cardano users who want direct access to markets and trading tools. If your priority is speed, functionality, and integration with one of the largest exchanges in the world, this setup is hard to beat.

It’s not the most private wallet, but it offers unmatched convenience for anyone serious about trading ADA.

Pros

  • Direct access to ADA trading and real-time market tools
  • Works seamlessly with Binance’s full trading platform
  • Supports a wide range of digital assets, including Cardano tokens
  • Offers both mobile wallet and desktop wallet access
  • Cold storage used to protect user funds

Cons:

  • Full KYC required for higher withdrawal tiers
  • Not built with privacy or decentralization as a core focus

4. Exodus Wallet – The best Cardano desktop wallet for beginners

  • Supported cryptos: 300+
  • Supported blockchains: 50+
  • Type of wallet: Software wallet (hot)
  • Type of storage: Non-custodial
  • Deposit methods: Cryptocurrency
  • Trading fees: Higher fees for in-app swaps
  • Security features: Encrypted local storage, password protection, Trezor hardware integration
  • Anonymous features: No KYC needed, local key storage, no identity tracking

When I first started exploring Cardano wallets, Exodus Wallet was one of the easiest to get comfortable with. It’s clean, beginner-friendly, and doesn’t feel like you need a manual to figure it out.

The desktop wallet version works great on major operating systems, and it supports ADA out of the box.

You can check your balance, manage your assets, and use the built-in exchange to swap ADA with other digital assets, all in just a few clicks.

a screenshot from the exodus website
Source: Exodus Wallet

What I found useful was how smooth the staking experience felt. You don’t need to leave the app, connect anything extra, or fiddle with browser extensions.

It’s all built-in, making it ideal for users who want a Cardano wallet that just works without the technical setup.

Why Exodus is the best Cardano desktop wallet for beginners

Not everyone needs a complex setup or multiple wallets. If you’re just looking for a user-friendly way to manage and store ADA, Exodus keeps things simple.

And the fact that it supports integration with Trezor means you can boost your security later without switching wallets.

Pros

  • Clean interface that’s easy to navigate, even for first-time ADA holders
  • Works as both a desktop and mobile wallet for managing Cardano tokens
  • Built-in exchange for swapping crypto without leaving the wallet
  • No KYC required, and private keys are stored locally
  • Can connect to Trezor for added security if needed

Cons:

  • In-app swaps come with higher fees compared to exchanges
  • Doesn’t include advanced features like DeFi tools or multiple staking pools

5. Margex Wallet – The best Cardano wallet for anonymous margin trading

  • Supported cryptos: 30+
  • Supported blockchains: 7+
  • Type of wallet: Software wallet (hot)
  • Type of storage: Custodial
  • Deposit methods: Cryptocurrency only
  • Trading fees: 0.19% taker, 0.12% maker
  • Security features: Two-factor authentication, withdrawal protection
  • Anonymous features: No KYC required for trading or withdrawals, full privacy during usage

When I first tried the Margex Wallet, I was mainly looking for something that allowed margin trading without needing to share personal details.

This is still one of the only wallets I’ve used that gives you that level of anonymity while offering real trading features.

You can deposit ADA, trade with leverage, and withdraw your funds, all without KYC. That alone puts it in a different category compared to most wallets listed here.

Source: Margex

It’s also set up to handle everything securely, using cold storage for 100% of user funds.

I wouldn’t call it the most beginner-friendly Cardano wallet, but if you know your way around leverage or have experience with crypto exchanges, it’s straightforward enough to use.

The layout is clean, the wallet responds quickly, and all the core features are easy to find.

Why Margex Wallet is the best Cardano wallet for anonymous margin trading

What makes this wallet stand out is that it’s actually built for traders who care about privacy. There is no email verification or ID uploads; just connect and trade.

However, while KYC is not required, you do need an email to register on Margex. If you’re holding ADA and want to use it with a bit more freedom, this wallet delivers.

For users who value privacy as much as performance, this is one of the few options that checks both boxes.

Pros

  • No KYC required at any stage, full privacy for trading and withdrawals
  • Supports ADA margin trading with up to 50x leverage
  • Cold storage used for all user funds, making it a highly secure choice
  • Clean interface with fast execution and low trading fees
  • Allows you to hold and trade Cardano tokens privately

Cons:

  • Limited selection of supported cryptocurrencies and blockchains
  • It is a custodial exchange wallet, meaning Margex holds your private keys

If you care about privacy and anonymity, check out the best anonymous crypto wallets that offer both security and privacy.


6. Bybit Wallet – The best Cardano wallet to earn passive income

  • Supported cryptos: 200+
  • Supported blockchains: 3+
  • Type of wallet: Software wallet (hot)
  • Type of storage: Custodial
  • Deposit methods: Cryptocurrency, credit card
  • Trading fees: 0.10% taker, 0.025% maker
  • Security features: Two-factor authentication, hardware security modules (HSMs), withdrawal protection
  • Anonymous features: No KYC for smaller transactions, privacy maintained unless larger withdrawals are made

Bybit Wallet caught my attention because it is easy to earn passive income with ADA using the custodial Bybit Cloud Wallet.

It’s not just a trading wallet within the Bybit exchange. You can stake, earn rewards, and access giveaways and airdrops all from the same place.

I used it mainly through the mobile wallet, and what stood out was how clean the interface was.

A screenshot of promotional material for the Bybit app
Source: ByBit

Everything is clearly labeled, and the staking section is just as accessible as the trading one, which makes it ideal for users who want a bit of both.

Bybit also offers flexible and fixed-term staking, so you can choose how you earn rewards. If you already trade on Bybit, using the Cloud Wallet feels seamless; there’s no need to move funds between different apps or platforms.

Why Bybit Wallet is the best Cardano wallet to earn passive income

If your goal is to grow your ADA balance instead of just holding it, Bybit makes that process easy. From staking to yield programs, it gives you ways to earn without manually managing every transaction.

And since basic activity doesn’t require KYC, it offers a good balance between usability and privacy, though larger withdrawals may require verification.

Pros

  • Multiple ways to earn passive income with ADA, including staking and airdrops
  • Clean interface across both desktop wallet and mobile app
  • No KYC required for smaller transactions or staking participation
  • Built-in trading platform with low fees for ADA swaps
  • Wallet runs fast and remains stable even during high market activity

Cons:

  • Passive income features are only available in the custodial Cloud Wallet (not the non-custodial version)
  • Some staking programs require research to fully understand

7. Ledger Flex – The best Cardano wallet for cold storage and maximum security

  • Supported cryptos: 5,500+
  • Supported blockchains: 10+
  • Type of wallet: Hardware wallet
  • Type of storage: Non-custodial, offline
  • Deposit methods: Cryptocurrency, debit/credit card via Ledger Live
  • Trading fees: No wallet fees; network fees apply for transactions
  • Security features: CC EAL5+ secure element, PIN protection, Bluetooth encryption, 24-word recovery phrase
  • Anonymous features: No KYC needed, completely offline cold storage, full user control over private keys

Ledger Flex is the wallet I trust most when I want to store ADA securely and step away from the noise.

It’s built specifically for cold storage, keeping your private keys offline and out of reach from online attacks.

I’ve used it to manage long-term crypto assets, especially during market volatility. With Bluetooth access and full support through Ledger Live, you can still interact with the Cardano blockchain without needing to compromise on security.

a screenshot from the ledger flex website
Source: Ledger

The setup takes a bit longer than a hot wallet, but once it’s done, it’s smooth. Everything is designed for maximum security, from the secure chip to the recovery phrase system, which is exactly what you want when holding ADA for the long haul.

Why Ledger Flex is the best Cardano wallet for cold storage and maximum security

This is the wallet I recommend when the priority is keeping your ADA safe, not moving it every day.

It’s perfect for long-term holders who want peace of mind knowing their ADA and other digital assets are protected by world-class hardware and encryption.

If you’re wondering where to store Cardano and sleep easy at night, this is the one.

Pros

  • Keeps your private keys offline with industry-leading security features
  • Fully supports Cardano tokens and thousands of other cryptocurrencies
  • Integrates with Ledger Live for easy portfolio management
  • Ideal for long-term ADA holders looking for cold storage
  • No KYC required, with the wallet operating completely offline

Cons:

  • Setup takes time and may not suit first-time users
  • Costs more than a software wallet, making it less ideal for casual holders

8. Trezor Model One – The best Cardano wallet for secure storage on a budget

  • Supported cryptos: 1,800+
  • Supported blockchains: 10+
  • Type of wallet: Hardware wallet
  • Type of storage: Non-custodial, offline
  • Deposit methods: Cryptocurrency
  • Trading fees: No wallet fees; only standard network fees
  • Security features: PIN protection, recovery seed, open-source firmware
  • Anonymous features: No KYC required, full offline control of private keys

Trezor Model One was one of the first hardware wallets I ever used, and I still think it’s a solid pick, especially for anyone who wants top-tier ADA security without spending too much.

It supports all the basics – sending, receiving, and holding Cardano tokens securely – and it does it through a clean, no-frills interface. You won’t find flashy extras here, but that’s actually part of the appeal. It’s focused on safety and simplicity, which makes it ideal for users who don’t need advanced DeFi or staking tools.

A screenshot of the Trezor Model One buy page
Source: Trezor

What I really like about it is its open-source firmware and compatibility with tools like MetaMask. That makes it flexible enough to grow with you if you start exploring more of the Cardano ecosystem or want to manage other assets over time.

Why Trezor Model One is the best Cardano wallet for secure storage on a budget

If you’re looking for the best wallet for ADA without spending too much, Trezor Model One nails the essentials. You get offline key storage, full control, and reliable protection, all while keeping costs low.

It’s not as advanced as other hardware wallets, but for most long-term holders, it’s more than enough.

Pros

  • Affordable price point for offline ADA storage
  • No KYC required, and you get full control of your private keys
  • Compatible with MetaMask and other wallets that support Cardano
  • Great entry-level option for hardware security
  • Open-source codebase enhances transparency and trust

Cons:

  • Doesn’t support NFT or DeFi functionality
  • Lacks some advanced features found in premium hardware wallet models

The best Cardano wallets compared

Below is a side-by-side comparison of the best Cardano wallets, making it easy to see which one fits your needs.

Top Cardano walletSupported cryptosSupported blockchainsWallet typeType of storageSecurity features
Best Wallet1,000+50+Software wallet (hot)Non-custodialBiometric login, two-factor authentication, encrypted private keys
OKX Wallet1,000+80+Software wallet (hot)Non-custodialTwo-factor authentication, multi-signature support, PIN encryption
Binance Wallet350+10+Software wallet (hot)Non-custodialTwo-factor authentication, cold storage integration, withdrawal whitelist
Exodus Wallet300+50+Software wallet (hot)Non-custodialEncrypted local storage, password protection, Trezor hardware integration
Margex Wallet30+7+Software wallet (hot)CustodialTwo-factor authentication, withdrawal protection
Bybit Wallet200+3+Software wallet (hot)CustodialTwo-factor authentication, hardware security modules (HSMs), withdrawal protection
Ledger Flex5,500+10+Hardware wallet (cold)Non-custodial, offlineCC EAL5+ secure element, PIN protection, Bluetooth encryption, 24-word recovery phrase
Trezor Model One1,800+10+Hardware wallet (cold)Non-custodial, offlinePIN protection, recovery seed, open-source firmware

How to Choose a Cardano Wallet

Choosing the right Cardano wallet isn’t just about storage. Security, usability, and features matter, especially if you plan to stake ADA, interact with dApps, or trade frequently.

Here’s what to consider before making a decision.

Private key ownership
Your private keys are the most critical part of your wallet. Non-custodial wallets keep them in your hands, meaning only you can access your funds.

Custodial wallets, on the other hand, store them on your behalf, offering convenience but requiring trust in the provider.

If you want full control over your Cardano tokens, a non-custodial wallet is the safest option. This way, your funds aren’t at risk if a company shuts down or gets hacked.

Hot vs. cold storage
A hot wallet is always connected to the internet, making it ideal for daily transactions, DeFi interactions, and quick access. However, it’s more exposed to online attacks.

A hardware wallet (cold storage) keeps your ADA wallet offline, offering maximum security against hacks. It’s best for long-term holders who prioritize safety over convenience.

Security features
Not all wallets offer the same level of protection. Look for features like 2FA, PIN encryption, and biometric login.

Some wallets also support multi-signature authentication, requiring multiple approvals for transactions. A strong recovery phrase is another must-have in case you ever lose access.

Ease of use
A wallet should be simple to navigate, especially if you’re new to Cardano blockchain. Complicated setups can lead to mistakes, like sending funds to the wrong address.

The best Cardano wallet app should have a clear interface, making it easy to store, send, and receive ADA without digging through endless menus.

Staking support
If you plan to stake ADA and earn staking rewards, make sure your wallet supports direct staking. Some wallets let you stake Cardano from inside the app, while others require third-party platforms.

Look for a wallet for Cardano that offers easy staking access, multiple staking pools, and transparent reward tracking.

DeFi and dApp compatibility
Not every ADA wallet connects to Cardano’s DeFi ecosystem. If you want to swap tokens, lend, or use smart contracts, pick a wallet that integrates with dApps and browser extensions.

A browser extension wallet or a mobile wallet with built-in dApp support ensures seamless access to DeFi platforms without extra steps.

Backup and recovery options
A wallet without reliable backup options is a major risk. If your device is lost or stolen, a 12- to 24-word recovery phrase is the only way to regain access to your funds.

Avoid wallets that don’t provide a secure backup option. Without it, a simple mistake could mean losing your ADA tokens permanently.

Privacy and KYC requirements
Some wallets allow anonymous transactions, while others require KYC verification. If privacy is a concern, opt for a non-custodial wallet that doesn’t collect personal data or require ID verification.

If you’re using a wallet tied to an exchange, expect KYC limits on withdrawals and trading. Make sure the privacy level aligns with your needs.

Multi-asset support
If you hold multiple cryptocurrencies, it’s more convenient to use a multi-asset wallet that supports other wallets beyond ADA Cardano wallet.

Check if the wallet can store ADA alongside Bitcoin, Ethereum, and other tokens so you don’t need to manage multiple wallets separately.

Regular updates
A wallet that isn’t actively maintained can become outdated, exposing your funds to security risks.

Always check if the development team releases regular updates, bug fixes, and security patches to keep the wallet stable and secure.

Frequent updates ensure compatibility with Cardano’s upgrades and new features. A well-supported wallet is far more reliable than one that hasn’t been updated in months.


How to buy Cardano (ADA)

Buying ADA is simple, but you have to know how to do it. Follow these steps to buy Cardano safely and store it properly.

  1. Choose a cryptocurrency exchange

    Start by selecting a trusted exchange that supports Cardano transactions. Some platforms specialize in low trading fees, while others focus on ease of use.

    Exchanges like Binance, Kraken, and Coinbase offer high liquidity and fiat deposits, while non-custodial wallets with built-in swaps, like Exodus, allow direct purchases without relying on an exchange.

  2. Create and verify your account

    Most exchanges require you to sign up and verify your identity before buying ADA. This includes submitting an ID and proof of address.

    Some platforms let you buy small amounts without verification, but they may have withdrawal limits or fewer payment options.

  3. Deposit funds into your account

    Once verified, you’ll need to fund your exchange account using a bank transfer, credit card, or cryptocurrency deposit.

    Check for transaction fees and processing times, as some payment methods can be slower or more expensive than others.

  4. Choose a Voice

    Next, you can select an appropriate speaker for your voiceover from the 500+ unique voices. You can filter voices by age, gender, region, and best use case. If you’ve created a voice clone, you’ll also select it from the library to generate the voice content in your own voice.

  5. Buy Cardano (ADA)

    Go to the trading section of your exchange, select ADA, and choose a purchase method. Market orders buy Cardano instantly, while limit orders let you set a price and wait for a match.

    If you’re using a non-custodial wallet with an integrated exchange, you can buy ADA directly inside the app.

Transfer ADA to your wallet (optional)

Leaving ADA on an exchange isn’t ideal for security reasons. Move your funds to a secure Cardano wallet where you control the private keys.

For long-term storage, hardware wallets like Ledger or Trezor provide maximum protection. If you plan to stake ADA or use dApps, a mobile or browser extension wallet will offer more flexibility.

Once you buy Cardano, you can use it for anything you want: paying, gambling, or even playing on gambling sites.
If you like slots, poker, or other casino games and want to play with ADA, be sure to check out the best Cardano casinos available.


How to Stake ADA in a wallet

Staking ADA lets you earn rewards while helping secure the Cardano blockchain.

You can do it through a Cardano wallet or a crypto exchange, depending on whether you want full control or a simpler, hands-off approach.

Here’s how to stake ADA using a wallet.

  1. Choose a staking wallet

    Use a non-custodial wallet that supports staking, like Best Wallet, Exodus, or Daedalus. These wallets let you keep control of your private keys while staking.

  2. Transfer ADA to your wallet

    If your ADA is on an exchange, withdraw it to your wallet’s receiving address. Transfers usually take 5-10 minutes.

  3. Open the staking section

    Go to the staking or delegate section in your wallet. You’ll see available staking pools, each with details like fees, performance, and rewards.

  4. Select a staking pool

    Pick a pool with good rewards and low fees. Avoid oversaturated pools or ones with high fees. Check sites like Adapools.org for rankings.

  5. Delegate your ADA

    Click “Delegate”, choose the amount, and confirm. Your ADA stays in your wallet and starts earning rewards after 10 days (2 epochs).


How to Stake ADA in an exchange

Now, I’ll show you step-by-step instructions on how to stake Cardano in a crypto exchange.

  1. Choose an exchange that offers staking

    Platforms like Kraken, Coinbase, and Binance provide ADA staking with different reward rates and staking options.

  2. Deposit or buy ADA

    If you don’t own ADA, buy it directly on the exchange. If you already have ADA, deposit it by copying the exchange’s ADA wallet address and sending funds from your personal wallet.

  3. Navigate to the staking section

    Find the “Staking” or “Earn” section in your exchange account. Available staking options will show APY, lock-up periods, and reward schedules.

  4. Stake your ADA

    Enter the amount of ADA you want to stake and confirm. Some exchanges offer flexible staking (withdraw anytime) or locked staking (higher rewards, fixed period).


Do Cardano wallets report to the IRS?

Cardano wallets do not report to the IRS because they are non-custodial, meaning they don’t collect personal information or track transactions.

However, if you buy, sell, or stake ADA through regulated exchanges, they may report your activity to the IRS, especially if you exceed certain thresholds.

Even if your wallet doesn’t report, you are still responsible for tracking and reporting taxable events.

This includes capital gains from selling ADA and staking rewards, which the IRS considers taxable income.

To stay compliant and avoid penalties, the best thing to do is to use crypto tax software or consult a tax professional who can help you.


How I rate and review Cardano wallets

Finding the best wallet for Cardano requires more than just checking a list of features. I follow a structured methodology that focuses on security, staking capabilities, usability, and long-term reliability.

Here’s how I determine which wallets are worth using.

Licensing and security

Security is my top priority. I check if the wallet offers non-custodial storage, meaning you control your private keys and funds at all times.

I also assess encryption standards, two-factor authentication, multi-signature options, and backup features to ensure strong protection against online attacks and unauthorized access.

Gambling options

A wallet isn’t just for storing ADA—it should also integrate smoothly with the Cardano blockchain for transactions, staking rewards, and dApp usage.

I prioritize wallets that allow users to stake Cardano directly, interact with smart contract platforms, and connect with DeFi services without unnecessary third-party restrictions.

Bonuses

Many wallets offer unique incentives like staking pools with higher APY, cashback on transactions, or built-in rewards programs for long-term users.

I review whether these features provide real value or if they come with hidden costs, such as high delegation fees or long lock-up periods.

VIP Programs

For those who frequently transact or stake ADA, a wallet with multi-tier staking rewards, priority support, and extra security features is a big advantage.

I look for wallets that offer premium staking tiers, higher delegation flexibility, and seamless integration with hardware wallets for maximum security.

User experience

Even the most feature-packed ADA wallet is useless if it’s difficult to navigate. I evaluate how simple it is to store, send, receive, and stake Cardano without technical barriers.

The best wallets provide clean interfaces, fast transactions, and smooth multi-device syncing across desktop wallets, mobile apps, and browser extensions.

Payment and withdrawal methods

Fast and secure payment methods are essential for those buying ADA within a wallet. I check if the wallet supports crypto purchases, fiat on-ramps, and direct swaps between different assets.

I also review withdrawal fees, transfer times, and compatibility with major desktop operating systems to ensure a seamless experience.

Payout times

Transaction speed is critical. I test how quickly the wallet processes Cardano transactions, whether for staking, sending funds, or withdrawing rewards.

A highly secure wallet should confirm transactions efficiently while maintaining decentralization and network stability.


Conclusion – What is the best Cardano wallet?

After testing and comparing multiple Cardano wallets, it’s clear that each one has its own strengths.

Some are built for staking ADA, while others focus on DeFi integration, mobile accessibility, or cold storage security.

But if I had to choose just one best ADA wallet, Best Wallet stands out as the most well-rounded option.

It offers full control of private keys, cross-chain compatibility, built-in staking, and a seamless interface, making it ideal for both beginners and advanced users.

It offers everything in one place, whether you want to store data, play Cardano or interact with dApps.

For anyone looking for a secure, user-friendly, and feature-rich wallet for Cardano, Best Wallet is the best choice.


FAQs

What is Cardano?

What’s the difference between light wallets and node wallets?

Can I use the same wallet on multiple devices?

What is the official wallet for Cardano?

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What Cardano wallet is best for mobile?

What’s the best non-custodial wallet for ADA?

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At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Carlos De Lanuza
Crypto & iGaming Writer

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