5 Best MPC Wallets for 2025

• OKX – Decentralized MPC Wallet Supporting 200+ DEX Bridges
• Coinbase – Secure Digital Asset Management with MPC
• Best Wallet – Best MPC Wallet With a DEX and Real-time Market Insights
• ZenGo – Latest MPC Wallet With 3FA For Added Security
• Spatium – Free MPC Wallet App With Unparalleled Security Tools

Multi-party computation (MPC) technology eliminates the need for users or custodians to safeguard a single private key. They utilize distributed private keys across multiple devices. 

For example, consider a private key with 10 digits ranging from 0 to 9. The user’s MPC based Wallet holds digits 0 and 1, while the remaining digits (2-9) come from four different devices. Each segment is useless in isolation, meaning that transactions can only leave the MPC wallet with the full 10-digit key. This method is safer as it eliminates a single point of failure.

MPC wallets operate on a non-custodial basis, so users are solely responsible for their MPC custody and safeguarding their funds.

A multi-signature wallet is a type of crypto wallet that necessitates multiple parties to sign off transactions for execution. This adds an extra layer of security, requiring multiple parties to approve a transaction collectively.

In contrast, MPC based wallets employ a technique called multi-party computation (MPC) to secure transactions. The private key is divided into multiple encrypted shares distributed among various parties. Unlike multi-signature wallets, the key differentiator is that these encrypted shares may be dynamic and divided among several devices. They often resemble the one-time use and time expiration principles of 2FA authenticators.

Here are the key differences for MPC vs Multisig wallet:

• Multisig wallets depend on multiple parties providing signatures. In contrast, MPC wallets use a complex mathematical algorithm to generate and securely store cryptographic keys across multiple shared devices.
• Multisig wallets require a predetermined number of transaction signatures. In contrast, MPC wallets utilize a distributed key generation process that prevents any single party from having complete control.
• Multisig wallets are widely available and supported by many blockchain networks. In contrast, MPC wallets are relatively new and offered by only a few providers.
• Both wallet types are more complex than traditional single-signature wallets. Yet, multisig wallets are generally considered easier to set up and use than MPC wallets.

Here is a detailed overview of the best MPC wallet solutions:

OKX is a global cryptocurrency exchange. It also has its decentralized MPC wallet as a non-custodial app. Users download the app, select ‘Keyless Wallet,’ and undergo facial recognition and email verification to get started with the OKX MPC Wallet. It offers an enhanced security of funds and assets for the users. 

The Wallet also features an in-built aggregator that bridges 200+ decentralized exchanges. This allows instant token swaps at optimal rates.

Coinbase Wallet specifically caters to institutional clients. It is a standalone app and is separate from the main Coinbase platform. It employs a multi-signature MPC wallet solution that supports Bitcoin, Ethereum, and ERC-20 tokens. 

The Wallet integrates seamlessly with Coinbase Pro. This allows for a direct interaction with dApps. It also features a ‘Collectibles’ section for NFT storage.

Best Wallet is popular mainly for its consolidated dashboard, supporting Ethereum, BSC Mainnet, and Polygon assets. It provides real-time market insights that are well integrated into the dashboard. This helps with timely industry news delivery for the users, helping them make wise investment decisions. 

Best DEX also offers hassle-free trading without KYC requirements. Additionally, the BEST token holders get added privileges of utility and governance.

ZenGo offers a mobile app for Android and iOS for crypto MPC-based wallet seekers. It ensures convenient storage and seamless sending and receiving of cryptocurrencies. The Wallet also employs three-factor authentication (3FA) for added security. 

ZenGo utilizes a unique ‘secret share’ split between the user’s device and ZenGo’s servers. This helps ensure an in-built fiat gateway for purchasing cryptocurrencies. Additionally, it assures easy connectivity of the Wallet to prominent dApps like Uniswap and Aave.

Spatium initially focused on businesses and Web3 developers as the prime target audience. Now, it offers a free MPC wallet app for personal users on iOS and Android. It also employs robust security measures, including biometrics, 2FA, and an offline backup code. 

Spatium MPC wallet remains 100% non-custodial and supports thousands of cryptocurrencies across various networks. It also supports additional features, such as an in-wallet staking tool.

As the crypto landscape evolves, the security of digital assets remains a top priority. MPC wallets have advanced cryptographic techniques and provide a secure and user-friendly solution. The options are diverse, from established platforms like OKX and Coinbase Wallet to innovative newcomers like Spatium. However, it’s crucial to stay informed, conduct thorough research, and choose a wallet aligned with your specific needs and preferences