Freewallet vs Nexo Wallet Comparison

Company	Freewallet	Nexo Wallet
User rating	User rating 4.8 / 5 154 user reviews	User rating 3.8 / 5 4 user reviews
Cryptogeek rating	Cryptogeek rating 4.6 / 5	Cryptogeek rating 3.6 / 5
Trust Score How it works	Trust Score 4.81 / 5	Trust Score 3.44 / 5

About

	Freewallet (or FRWT) is a web3 non-custody wallet that supports a wide range of functions including swapping, purchasing, and managing cryptocurrencies based on 15 different blockchains with safety and ease.	Nexo Lending platform is a blockchain-based platform that provides crypto-backed loans to its customers.

Founding Date

	2016	2017

Country

	Estonia	International

Languages

	English, Japanese, Portuguese, German, French, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Indonesian	English

Wallet type

	Software wallet	Software wallet

Storage type

	Cold wallet	Hot wallet

Private keys

	Available	Not available

Available coins

	93 - Bitcoin (BTC), Basic Attention Token (BAT), NEO (NEO), VeChain (VET), OmiseGO (OMG), Lisk (LSK), Bitcoin Gold (BTG), Zcash (ZEC), Populous (PPT), Bytecoin (BCN), Dogecoin (DOGE), DigixDAO (DGD), Zilliqa (ZIL), Status (SNT), 0x (ZRX), Loopring (LRC), Golem (GNT), Ardor (ARDR), DigiByte (DGB), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Substratum (SUB), FunFair (FUN), Nxt (NXT), Nucleus Vision (NCASH), WAX (WAX), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Dentacoin (DCN), Kin (KIN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), POA Network (POA), Gnosis (GNO), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), Enjin Coin (ENJ), Santiment Network Token (SAN), DigitalNote (XDN), Pundi X (NPXS), Ignis (IGNIS), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), Bibox Token (BIX), Ruff (RUFF), Ripio Credit Network (RCN), UTRUST (UTK), CRYPTO20 (C20), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), EOSDT, BitTorrent (BTT), Auctus (AUC), Compound SAI (CSAI), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), FTX Token (FTT), TrueUSD (TUSD), Paxos Standard (PAX), Quant (QNT), SwissBorg (CHSB), IoTeX (IOTX), Chiliz (CHZ), Ankr (ANKR), Unibright (UBT), Fantom (FTM), NAGA Coin	0

Security

	Third Party Encrypted	Third Party

Anonymity

	High	Medium

Ease of use

	Easy	Average

Has attached card

	no	no

Has trading facilities

	yes	yes

Has vouchers and offers

	No data	No data

Features

	2 Factor Authentication, Multi-Signature, Hierarchical Deterministic	Hierarchical Deterministic

About	Freewallet (or FRWT) is a web3 non-custody wallet that supports a wide range of functions including swapping, purchasing, and managing cryptocurrencies based on 15 different blockchains with safety and ease.	Nexo Lending platform is a blockchain-based platform that provides crypto-backed loans to its customers.
Founding Date	Founding Date 2016	Founding Date 2017
Country	Country Estonia	Country International
Languages	Languages English, Japanese, Portuguese, German, French, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Indonesian	Languages English
Wallet type	Wallet type Software wallet	Wallet type Software wallet
Storage type	Storage type Cold wallet	Storage type Hot wallet
Private keys	Private keys Available	Private keys Not available
Available coins	Available coins 93 - Bitcoin (BTC), Basic Attention Token (BAT), NEO (NEO), VeChain (VET), OmiseGO (OMG), Lisk (LSK), Bitcoin Gold (BTG), Zcash (ZEC), Populous (PPT), Bytecoin (BCN), Dogecoin (DOGE), DigixDAO (DGD), Zilliqa (ZIL), Status (SNT), 0x (ZRX), Loopring (LRC), Golem (GNT), Ardor (ARDR), DigiByte (DGB), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Substratum (SUB), FunFair (FUN), Nxt (NXT), Nucleus Vision (NCASH), WAX (WAX), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Dentacoin (DCN), Kin (KIN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), POA Network (POA), Gnosis (GNO), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), Enjin Coin (ENJ), Santiment Network Token (SAN), DigitalNote (XDN), Pundi X (NPXS), Ignis (IGNIS), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), Bibox Token (BIX), Ruff (RUFF), Ripio Credit Network (RCN), UTRUST (UTK), CRYPTO20 (C20), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), EOSDT, BitTorrent (BTT), Auctus (AUC), Compound SAI (CSAI), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), FTX Token (FTT), TrueUSD (TUSD), Paxos Standard (PAX), Quant (QNT), SwissBorg (CHSB), IoTeX (IOTX), Chiliz (CHZ), Ankr (ANKR), Unibright (UBT), Fantom (FTM), NAGA Coin	Available coins 0
Security	Security Third Party Encrypted	Security Third Party
Anonymity	Anonymity High	Anonymity Medium
Ease of use	Ease of use Easy	Ease of use Average
Has attached card	Has attached card no	Has attached card no
Has trading facilities	Has trading facilities yes	Has trading facilities yes
Has vouchers and offers	Has vouchers and offers No data	Has vouchers and offers No data
Features	Features 2 Factor Authentication, Multi-Signature, Hierarchical Deterministic	Features Hierarchical Deterministic

Social

Website

	freewallet.org	nexo.io

Twitter

	@freewalletorg	@NexoFinance

Website	Website freewallet.org	Website nexo.io
Twitter	Twitter @freewalletorg	Twitter @NexoFinance

Advantages

	- In-built exchange - Multi-currency wallet - Credit cards accepted - Multi-language user-friendly interface	- Hierarchical Deterministic - User-friendly

Disadvantages

	- Customer service needs improvements	- Lack of Two-Factor Authentication - No Multi-Signature

Rating

User rating	User rating 4.8 / 5 154 user reviews	User rating 3.8 / 5 4 user reviews
Cryptogeek rating	Cryptogeek rating 4.6 / 5	Cryptogeek rating 3.6 / 5
Advantages	Advantages - In-built exchange - Multi-currency wallet - Credit cards accepted - Multi-language user-friendly interface	Advantages - Hierarchical Deterministic - User-friendly
Disadvantages	Disadvantages - Customer service needs improvements	Disadvantages - Lack of Two-Factor Authentication - No Multi-Signature

Freewallet user rating is 4.8, based on 154 user reviews. Nexo Wallet user rating is 3.8, based on 4 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?

Freewallet

Winner

Trust Score: 4.81 / 5

Compare with:

CoinSpot Wallet, Coinomi, Exodus

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Nexo Wallet

Trust Score: 3.44 / 5

Compare with:

Freewallet, Incognito, Schildbach BTC Wallet

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Freewallet vs Nexo Wallet - Which Wallet Is Better in 2025?

This Freewallet vs Nexo Wallet comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, Freewallet is rated 4.8 with 154 user reviews, while Nexo Wallet is rated 3.8 with 4 user reviews.

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