Anonymous cryptocurrency wallets add an extra layer of privacy for your digital assets. In line with current compliance, cryptocurrency wallets usually need KYC documentation to help identify customers interested in buying and selling digital assets.
This category of cryptocurrency wallets usually has no identification required for processing, and the best ones among these offer a wide range of cryptocurrencies for buying and selling purposes.
1. Ledger
One of the best-known wallets in the crypto market, Ledger offers premium crypto storage facilities through its hardware wallets through private key encryption. Ledger offers cold wallet features, meaning you can store your cryptocurrency offline without being plugged into the internet.
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There are currently 4 models available for purchase: the Ledger Flex, the Ledger Stax, the Ledger Nano X, and the Ledger Nano S Plus. The Nano models are small, lightweight versions of the standard models. The key feature for crypto enthusiasts looking for anonymous wallets is that KYC is not required, and private keys protect your vital information.
2. Trezor
Known for its cold storage facilities, Trezor falls short in functionality when it comes to connection to decentralized applications. However, it’s great for maintaining some level of anonymity as no KYC is required, and your purchase information is deleted from the online store within 90 days of purchase. Interested traders can buy, sell, and trade their preferred cryptocurrencies through the desktop application called Trezor Suite.
The device also has a security feature called Shamir Backup, which can help you recover your cryptocurrency if you lose the device or break it. Native staking and Bluetooth connection is absent from this one. Notable Trezor models include the Trezor Safe 5, the Trezor Safe 3, and the Trezor Model One.
3. Blockstream
The Blockstream wallet is a multi-functional, open-source wallet used to buy and store Bitcoin. It is a secure non-custodial cryptocurrency wallet and a perfect fit for Bitcoin maximalists who are not interested in owning any other cryptocurrency. TOR integration is a feature of the wallet, allowing for a level of anonymity.
Multi-signature security and Bitcoin-only hardware compatibility are two key features of this wallet. Blockstream wallet fees are known to be higher for Bitcoin purchases.
4. Ellipal
The Ellipal Titan 2.0 model supports over 10,000 cryptocurrencies and 50+ blockchains and their tokens. The wallet’s various security features, such as air-gapped design, tamper resistance, firmware updates, and recovery, make it a robust cryptocurrency wallet.
Transactions take place through QR codes, and private keys are stored offline. Due to its focus on keeping critical information unplugged from the internet, the wallet is able to provide anonymity to its customers. In 2022, Forbes listed Ellipal as one of the top three cold wallets globally.
5. Tangem
Instead of using heavy hardware to store digital assets, Tangem uses cards to ensure security, providing up to three for customers interested in keeping a backup. It emphasis on offline storage keeps all data safe for users and comes with no KYC required.
Users can benefit from passive income through access to 16,000 cryptocurrencies. Including blue chips such as Bitcoin and Ethereum.
6. Zengo Wallet
This wallet uses no KYC and leans on MPC technology to boost its offerings. It has never been hacked since 2018 and operates on a combination of MPC, biometric login, and 3-factor authentication. The service comes attached with a pro version that users can pay for as well and supports over 380 cryptocurrencies.
Zengo does not use private keys or seed phrases but a system that stores your confidential information by splitting it into secret pieces of info, one on your device and the other on the platform’s servers.