Ranking the Best Crypto Wallets for Business
Cryptocurrency is one of the most convenient financial tools for high-risk businesses. This is due to blockchain’s features: speed, security, and — with the right wallet — anonymity and easy management of the cash flows.
We present a top list of crypto wallets for businesses, along with a comparison of key parameters.
Using Crypto Wallets in Business
Wallet Purpose
Wallet Type
Seed Phrase
Installation on Client Server
Privacy Protection
API Integration
Multiple Access Levels
Financial Reports
Technical Support
BitHide
CoinsPaid
Trustee Plus
Trust Wallet
Atomic
Wallet
Exodus
Ledger
Blockchain.
com
Coingate
BitPay
For business
For business
Personal
Personal
Personal
Personal
For business/personal
Personal
For business/personal
For business/personal
Yes, with Dark Wing technology
Chat-bot
Chat-bot
E-mail
Knowledge base, support form, no onlinesupport availible
Knowledge base only
— Non-custodial, hot
— Custodial, hot
— Non-custodial, cold
BitHide
This is the only wallet that hides the user’s real IP address. Security is further ensured through server-side installation and the availability of a seed phrase. Since BitHide is software, not a service, the user decides whether to undergo KYC verification.
We list the top crypto wallets starting with BitHide because it offers a complete set of essential tools for handling crypto-financial flows, from balance reports to fixed transaction assignments, and cryptocurrency rate fixation when credited to mass payouts.
CoinsPaid
CoinsPaid markets itself as the most popular solution for businesses working with cryptocurrency. For all clients, KYB (Know Your Business) verification is mandatory. Not every company from every jurisdiction can use the wallet, as it includes a list of restricted countries on the website. Integration with e-commerce tools is available, as well as auto-payouts and multiple access levels for staff.
Trustee Plus
A reliable and secure crypto wallet with built-in backup functionality. It has the option to issue a virtual card for convenient transactions in stores and restaurants. Cryptocurrency on the card is automatically converted into fiat at the current exchange rate. No fees for using the card or wallet. However, it lacks important business features, such as auto-payouts or the creation of multiple sub-wallets.
Trust Wallet
When you think about crypto wallets and security, Trust Wallet often comes to mind. This wallet positions itself as a product with enhanced security for protecting users' assets and privacy. Trust is a multi-currency wallet: according to the official website, it supports millions of assets across over 100 blockchains. However, it is not very business-friendly, as it does not offer the specific feature set companies need to work with cryptocurrencies.
Atomic Wallet
This wallet offers a friendly interface for working with over 1,000 cryptocurrencies and tokens. Built-in features include purchasing, exchanging, and staking assets. Promotes itself as an anonymous wallet because users do not have to undergo verification or KYC processes.
Exodus
If «crypto wallets» and «business» come up in your search, some company is already looking for a solution for handling financial flows in cryptocurrency. It should be reliable and equipped with convenient tools. Exodus Wallet is indeed reliable, but convenient – not so much. Overall, It's still primarily a wallet for personal use.
Ledger
It would be wrong to compare crypto wallets without including the famous cold hardware wallets from the French manufacturer. For many, Ledger has become synonymous with the word "reliability." It’s hard to find a more secure way to store crypto assets long-term, especially for businesses. However, for the operational management of funds, Ledger is less suitable due to its cold nature.
Blockchain.com
One of the oldest players on the market, Blockchain.com has been operating since 2011. It’s well-suited for individual use, making it easy to sell, buy, and exchange cryptocurrencies. However, it lacks essential features for business use.
Coingate
In search results for "the best crypto wallets," Coingate often appears, and for good reason. This solution easily integrates with the company's existing tools. You can also accept payments from clients directly on your website, at points of sale, or through links or invoices sent via email.
BitPay
This wallet has been operational since 2011. One of its main features is the ability to issue a Bitcoin debit card. The wallet supports over 100 cryptocurrencies and allows you to accept payments in various ways: from clients on your website, through invoices sent via email, as well as via smartphone or tablet in your store or restaurant.
Stop searching for the ideal business crypto wallet if you’ve found one that offers:
This is possible only if you are provided with a seed phrase, as well as software installed on your equipment.
Cybercriminals and hackers might want to obtain the IP address of your business wallet to expose the physical location of the server. Therefore, it's important to keep the address hidden from all prying eyes. This ensures the safety of a company’s assets.
Using simple methods like VPNs or Tor is not enough. You need to choose a business wallet that offers effective technology for masking the real IP address. BitHide employs unique address-switching technology known as Dark Wing.
Working with a crypto wallet poorly designed for companies often leads to uncontrollable chaos. This is why, when comparing crypto wallets, it’s crucial to pay attention to the following features:
  • Detailed balance and turnover reports;
  • Payment purposes assignment;
  • Fixing cryptocurrency rates when credited;
  • Creating multiple sub-wallets for managing different profit centers;
  • Adding notes to each address;
  • Configuring auto-payouts;
  • Conducting mass payouts.
True ownership of your cryptocurrency
With the right wallet, you can focus on growing your business rather than constantly overcoming issues caused by using inadequate tools.
The ability to conduct transactions without revealing your real IP address
All the necessary tools for managing cryptocurrency financial flows
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