You know, multi-signature cryptocurrency wallets work by requiring two or more private keys to sign and approve a transaction. Now, that extra step makes them far safer than regular single-key wallets, especially for anyone holding serious amounts of Bitcoin or other digital assets.
To get the top wallet for multi-signature support, I’ve spent hours comparing hardware and software wallets, looking closely at real security features, ease of use, supported coins, backup methods, and overall trust. In this guide, I’ll share the best multi-sig wallets that actually stand out after testing and research, so you can see which one fits your needs.
Quick Summary: The best multi-sig crypto wallets are Ledger Flex, Keystone 3 Pro, Trezor Safe 5, Electrum, Safe Wallet, and Armory.
Top 6 Best Multi-Signature Crypto Wallets Ranked
- Ledger Flex: Best hardware multisig wallet for secure Bitcoin & altcoin storage
- Keystone 3 Pro: Air‑gapped multisig hardware device with user-friendly touchscreen display
- Trezor Safe 5: Open-source crypto wallet for multiple signers using Shamir backup
- Electrum: Most popular desktop/mobile multisig wallet for Bitcoin setups with up to 15 signers
- Safe Wallet (formerly Gnosis Safe): Best multisig crypto wallet for Ethereum and EVM chains
- Armory: Top desktop client offering cold‑storage multisig up to 7‑of‑7 signers
Best Multi-Sig Wallet Providers Reviewed (Software + Hardware)
Ledger Flex
1. Ledger Flex: Best multi-sig hardware wallet
Ledger is one of the best multi-sig crypto wallets out there. It seems like they’ve done a really great job of bringing together the security of cold storage with solid multi-signature support.
You know, when Ledger first introduced multisig, there were certain limits, and mainly with its Bitcoin app not being able to confirm every detail of a multisig setup. Well, that issue was solved with the launch of Bitcoin App 2.0, where Ledger worked closely with “Unchained” to build a better system.
Now, all Ledger devices, including the newer Flex, can be used with multisig partners like Unchained for Bitcoin, Safe for Ethereum and EVM tokens, and even open-source options such as Caravan or Argent X.
And speaking of the Flex model, it’s just built with some seriously top-notch security. It’s got CC EAL6+ certification, it uses Ledger’s own secure operating system, and it comes with all these great features. Things like an E Ink touchscreen, HMAC-based policy checks for multisig, and it works seamlessly with Ledger Live. Honestly, I would recommend it as the most secure multi-signature wallet for crypto users.
Key features
| Multi-Sig Support | Yes |
| Companion Apps for Multiple Signatures | Unchained, Safe, Caravan, Argent X, etc. |
| Price | $249 |
| Screen | 2.8″ E Ink display (600×480 pixels) with capacitive touch and 16 shades of grey |
| Security | Ledger secure element certified to EAL6+ |
| Connectivity | USB‑C, Bluetooth 5.2, and NFC |
| Weight & size | 57.5 g; dimensions 78.40 × 56.50 × 7.70 mm |
| Unique features | Always‑on lock screen to display NFTs or personal photos; Supports the Ledger Security Key for FIDO2 passkey login |
| Coin support | Over 15,000 coins and tokens via the Ledger Live app |
2. Keystone 3 Pro: Best air-gapped device for multisig transactions
Keystone 3 Pro is seriously one of the user-friendly multisig crypto wallets you can use today. It looks and feels more like a small smartphone than a hardware wallet, and that’s mainly because of its big color touchscreen.
Mainly, you keep your private keys completely offline since the device never connects to Wi-Fi, Bluetooth, or USB for signing. And instead, it works only with QR codes or a micro SD card, which kinda makes it one of the safest ways to store your crypto.
Now, when it comes to multisig, the 3 Pro is really good. Here, you can easily load the Bitcoin-only firmware and set it up as one of the signers in a multi-signature wallet. Basically, you generate an extended public key, share it with your chosen software wallet like Sparrow or BlueWallet, and then bring the final multi-sig configuration back onto the Keystone.
Key features
| MultiSig Support | Yes |
| Software Apps for Multiple Signatures | Electrum and Sparrow Wallet |
| Price | $149 |
| Air‑gapped transfer | Sign transactions via QR codes and microSD card |
| Security | Three secure‑element chips, fingerprint authentication, and a self‑destruct mechanism |
| Display | 4″ high‑resolution touchscreen for seed management |
| Battery | 1000 mAh removable battery |
| Coin support | Supports Bitcoin‑only firmware and more than 5,000 altcoins on multi‑coin firmware |
| Backup | Shamir backup (multiple seed shares) and dice entropy generation |
3. Trezor Safe 5: Best for open-source security
Trezor has been around for a while, and it’s pretty well-known as one of the best hardware wallets, especially for Bitcoin. While their Model T was their first device with a real color touchscreen, the new Safe 5 really takes that design a step further.
This new model has a really vibrant 1.54″ color display. It’s called “Trezor Touch” and it even has haptic feedback, which is a nice little upgrade. Plus, the screen is covered with scratch-resistant Gorilla Glass 3, so it feels pretty durable.
Trezor wallet basically does not have a traditional multi-sig setup. But you can use its multi-share backup, which basically lets you split your wallet recovery phrase into multiple “shares.” Also, it can be used as part of a multisig wallet configuration when combined with compatible services like Unchained, similar to Ledger.
Key features
| Multisig Support | Yes (more like multi-share backup) |
| Price | $169 |
| Display | 1.54″ color touchscreen with haptic feedback and Gorilla Glass 3 |
| Security | Secure Element chip (EAL6+) plus open‑source firmware |
| Backup | 20‑word wallet backup with microSD multi‑share; supports 12‑, 20‑, and 24‑word seeds |
| Connectivity | USB‑C and microSD card slot; acts as a FIDO2 authentication device |
| Supported coins | 9,000+ coins and tokens via the Trezor Suite app |
| Unique features | FIDO2 passkey, built‑in haptic vibration, and passphrase protection |
4. Electrum: Best multi-signature Bitcoin wallet
Electrum has been around since 2011, and it is another best multi-sig Bitcoin wallets because it’s fast, lightweight, and open‑source. Mainly, the wallet focuses on Bitcoin, but its multisig features are incredibly flexible. You can easily create 2‑of–3 or 3‑of–5 setups with just a few clicks, and the wallet supports integration with hardware devices like Trezor and Ledger.
But, as much as people like Electrum, the interface looks like it’s stuck in 2013 and isn’t beginner-friendly. It also only supports Bitcoin, which might be limiting for altcoin fans. And because it’s a hot wallet on your computer or phone, security also depends on how well you protect your device. For small daily use or as part of a multisig with hardware keys, Electrum is really good.
5. Safe Wallet: Best multisig Ethereum wallet
Safe Wallet, previously called “Gnosis Safe,” rebranded to Safe in 2022, but the mission remains the same: provide a user‑friendly multisig vault for Ethereum and every EVM chain.
Now, when you create a Safe, you can choose any number of owners and set the signature threshold (for example, 3‑of–5). The interface runs in a web browser or mobile app, with support for 200+ dApps and 14+ networks.
Also, you can connect hardware wallets like Ledger, Trezor, or Keystone, plus MetaMask and other signers. Safe is non‑custodial, and all transactions are executed through smart contracts. And even before you sign, you can simulate the transaction to see exactly what will happen.
Here, the big drawback is that Safe does not support Bitcoin. So, you need to use another wallet for BTC multi-sig support. Still, for DeFi treasuries, DAOs, and teams, Safe is the best multisig wallet because it balances usability with security.
6. Armory: Offline multisig desktop wallet for Bitcoin
Armory is best for cold storage and was one of the first wallets to offer multisig lockboxes. You can create up to 7‑of‑7 signatures for transactions, which is obviously more than enough for most companies. And because Armory requires a full Bitcoin node, it verifies every transaction and never relies on third‑party servers.
So, for very high security, you can install it on an offline computer and generate cold storage keys; then, you can easily sign transactions on that computer and broadcast them using a separate machine. Even the wallet mixes addresses and supports the Tor browser for privacy.
But remember, this is not for beginners, as you need to run a full node, and the interface feels dated. Again, Armory only supports Bitcoin, so altcoin users are out of luck.
What is a Multisig Wallet?
A multi‑signature wallet is a cryptocurrency wallet in which multiple private keys are used to validate a transaction. Rather than an individual having the sole key, various participants possess a key, and a specified number of them must sign to transfer funds.
This can be explained as an M‑of‑N system, with N representing the total number of keys and M representing the minimum required for approval. For instance, in a 2‑of–3 wallet, there are three keys, and two need to sign a transaction before it can be broadcast.
How does a Multisig Wallet Work?
A multisig wallet works by taking each participant’s public keys and creating a common address. All the co-owners keep their own private key private. So, when you initiate a new transaction, the wallet assembles the unsigned transaction and sends it to each signer.
Next, each signer verifies the information and signs their signature. Once the threshold of signatures is reached, the transaction is sent to the blockchain.
Here, under the hood, multisig relies on script or smart contract logic. In Bitcoin, the wallet generates a multisignature redeem script that defines which keys need to be shown. The script is hashed into an address. In Ethereum and other EVM chains, multisig wallets are deployed as smart contracts that hold funds and institute the signature threshold.
The procedure may be complex in theory, but most of the modern crypto wallets encapsulate the complexity. So, when you set up a multisig on Electrum or Safe, the wallet software walks you through creating keys, trading extended public keys (xpubs), and setting the signature threshold.
And now, after it’s set up, using the wallet is much like any other wallet, except that you must gather extra signatures to spend.
Advantages of having a multi-signature wallet
The benefits of using a multisig crypto wallet are stronger security, shared control, flexible recovery, and improved protection against theft.
- Good defense against single points of failure: Even when a hacker gets a single key, they are still unable to transfer funds since additional approvals are needed.
- Improved team governance: Teams such as businesses, DAOs, or families can make collective decisions to handle funds, avoiding abuse by an individual member.
- Enhanced recovery choices: You know, losing a single key does not mean losing your assets as long as the minimum threshold of other keys is maintained.
- Flexible security configurations: You can, you know, set different signing rules (2-of-3, 3-of-5, 4-of-7, etc.) based on what you need.
- Cold storage support: I mean, using multisig with hardware wallets or offline devices just adds layered protection for both your keys and the overall wallet.
- Increased trust in cross-chain operations: Multisig is employed for asset protection by most bridges and DeFi protocols for cross-chain operations.
Some Risks of using a multi-signature wallet
The risks of using a multisig crypto wallet are added complexity, higher fees, coordination issues, and limited blockchain compatibility.
- Complications lead to errors: Okay, complexity can cause mistakes. Setting up and managing multiple keys is, like, harder than a single-key wallet, and a missing backup may totally lock you out..
- Coordination issues: You require co-signers for transactions, and in case one is not around, you can obviously expect delays or hurdles.
- Increased transaction fees: On such chains as Ethereum, multisig transactions go through smart contracts and incur higher gas fees.
- Limited blockchain support: The majority of multisig wallets are Bitcoin-centric or EVM chain-centric. So, lacks support for other blockchains.
- Hardware incompatibility problems: Certain hardware wallets are not completely compatible with multisig, and if using them, you still need to rely on additional software.
Comparison: Single-signature vs Multi-signature wallets
A single‑signature (or single‑sig) wallet uses one private key to authorize transactions. whereas a multi‑sig device splits authority among several keys, so no single failure compromises the entire wallet.
| Single-Signature Wallet | Multi-Signature Wallet | |
|---|---|---|
| Security level | Low | High |
| Control | Individual | Shared |
| Failure point | Single key | Multiple keys |
| Recovery options | Limited | Flexible |
| Setup complexity | Simple | Complex |
| Transaction approval | One signer | Multiple signers |
| Fees | Lower | Higher |
| Coin support | Broad | Limited |
| Team use | Poor | Excellent |
| Cold storage use | Standard | Enhanced |
How To Set Up and Use a Multi-Sig Crypto Wallet?
To set up and use a multisig crypto wallet, you need to create a wallet, assign multiple signers, configure approval rules, securely store keys, and confirm transactions with required signatures. I am assuming you have chosen Ledge from my list, so let’s set up…
Creating a Bitcoin multi-sig wallet
Let me show you how you can create by using your Ledger with a service like Unchained. Here’s how you can get that done step-by-step.
- First, you just need to create your own account on Unchained, and once you’re in, navigate to the “Keys” section, which you’ll find in the top menu.
- To create your first key, choose “Ledger” from the available options. You’ll then be prompted to export your extended public key (xpub) from your Ledger device. Here, this is what links your Ledger to Unchained.
- Now, once that’s done, you’ll see your extended public key right there on the screen. Just click “Next” to confirm and create your first key. You’ll basically repeat this whole process for each person who will be a key holder in your multisig wallet.
- Next, you can head over to the “Vault” section, and once there, you’ll choose the keys you’ve already added and go ahead and create your multisig Bitcoin wallet.
Creating an Ethereum-compatible multisig wallet
So, for Ethereum and other chains that use the EVM (Ethereum Virtual Machine), you can actually set up a multi-sig wallet using Safe, which you might know as Gnosis Safe.
Here’s how you can easily get that done:
You can just connect your “Ledger wallet to Safe Wallet” like you would with any other blockchain app or service. It’s a pretty straightforward process.
And if you want to do more with Safe, you can also connect your Ledger using the Ledger Extension or even with the Safe mobile app and your Ledger Nano. Now, do all the steps shown above in the Bitcoin part, and your Etherem multisig setup is ready.
How to stake with a multi-sig wallet?
Staking with a multisig wallet, I guess, totally depends on the blockchain you’re using. Now, on Ethereum, you can use Safe Wallet to stake your assets through various providers or DeFi protocols.
Basically, you can deposit ETH into services like Lido or Rocket Pool directly from your Safe wallet. Any deposit or withdrawal transaction will need to be approved by multiple owners, just like any other transaction from that wallet.
Now, with Bitcoin, staking isn’t really part of the protocol. But, I guess you can use a multisig setup to run a Lightning node or hold collateral for certain sidechains. And for some other blockchains, like Cardano, you can actually stake from a multisig address through delegation.
Honestly, before you try to stake anything from a multisig wallet, you should always check if the staking contract or validator supports multisig addresses. A lot of protocols, I mean, they only accept standard, single-signature addresses.
So, you might just have to stake via a token wrapper first (like using stETH or rETH on Ethereum) and then store that receipt token in your multisig wallet. Actually, it’s an extra step, but it just keeps things secure. But remember, I am not sure about this one.
What are the best multi-sig bridging solutions for high net-worth wallets?
“Safe Native Bridge” is best for multi-sig bridging for high net-worth wallets. So, Safe has recently integrated Li.Fi right into its interface. Basically, this allows you to, like, bridge assets between Ethereum, Polygon, Arbitrum, and other EVM chains without actually leaving your multisig environment.
So, to use it, you just click “Bridge” in the sidebar, select your source and destination networks, choose the token and amount, and the bridge transaction will require the same number of signatures as any other Safe transaction.
I mean, honestly, I like this because you just don’t have to trust an external website or expose your keys. It’s a pretty secure and straightforward process.
Some FAQs to Know
What are the best multi-sig Bitcoin wallets?
Ledger Flex, Electrum, and Armory are the best multi-sig Bitcoin wallets due to their high security and cold storage of keys. Armory offers up to 7‑of‑7 signatures and cold storage, while Electrum is lightweight and integrates with hardware wallets.
What is the best multisig Solana wallet?
Solana support for multi‑sig is still maturing. The main option I’ve used is “SnowFlake”, which allows you to create a multi‑sig account via a web interface. You can also use the Phantom wallet with multi‑sig programs like Realms.
Is MetaMask a multisig wallet?
Not by itself. MetaMask is a single‑key wallet. However, you can connect MetaMask to a multi‑sig contract such as Safe or Argent to sign transactions. In that case, MetaMask acts as one signer among others, but it doesn’t manage the multisig logic. (Read: best hardware wallets for MetaMask)
What is a 3 of 5 multisig cryptocurrency wallet?
A 3 of 5 multisig means there are five keys associated with the wallet, and any three of them are required to authorize a transaction. Well, this configuration balances security and convenience: two keys can be lost without losing funds, but a single rogue signer cannot steal them.
You can read my other guides on the best cold storage wallets and best multi-coin hardware wallets.