Bitcoin Wallet Bumps Bakkt out of PYMNTS’ September Crypto Wallet Provider Ranking

In a month dominated by The Merge, in which the No. 2 blockchain, Ethereum, switched from its energy-hungry and slow consensus mechanism for adding new data and minting new ether tokens to the new, greener and more scalable Ethereum 2.0, the change in wallet rankings was not so profound.

PYMNTS’ Provider Ranking of Cryptocurrency Wallets had only one big change in the top 10, with the Bakkt app’s wallet falling 15 points, nudging it out to No. 11.

The Top 5

Tied for first place were, unsurprisingly, Binance and Coinbase with perfect scores of 100. Crypto.com has been known to bounce from a first-place-tying 100 down a point or two, like September’s still-excellent 98.

No. 3 was Binance-owned Trust Wallet, with a 95. The multi-chain, self-custodial wallet completed a major integration effort with the world’s largest exchange’s fiat-to-crypto provider, Binance Connect, this summer, enabling the purchase of more than 200 cryptocurrencies and non-fungible tokens (NFTs) from 66 blockchains. It was also one of the first to support Instagram’s NFT initiatives.

No. 4 with a score of 89, Blockchain.com Wallet, added compatibility with Tron’s native TRX token in September. The Gemini exchange’s wallet, which supports Gemini Pay at 30,000 retailers, rounded out the Top 5 with an 86.

The Top 10

With a score of 85, No. 6 was the Strike wallet, which allows users to spend bitcoins anywhere instantly.

SafePal’s crypto wallet was seventh, with an 80, followed by payments technology firm BitPay’s wallet, which supports the virtual version of its BitPay Visa card and had a score of 78.

In ninth place with 77, the Wirex card and multicurrency crypto wallet supports 37 cryptocurrencies and U.S. dollars, as well as the Wirex Visa.

With a score of 75 and in 10th place was Bitcoin Wallet, the grandfather of the list that launched in 2009, the same year as the bitcoin blockchain.

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