Best Non-Custodial Crypto Wallet in Australia
There's no single “best” wallet for everyone — it depends what you need. Here's how the most popular non-custodial wallet apps compare for Australians, and where THAT fits.
At a glance
How the Popular Wallets Compare
Compared across each wallet's mobile app. Self-custody and no-KYC are table stakes — the differences show up in networks, record-keeping, rewards and whether you can actually spend in the real world.
| Wallet | Self-Custody | KYC | Multi-Wallet | Private Key Import | Custom Networks | Tax Statements | Merchant Discovery | Gasless | Spending Rewards |
|---|---|---|---|---|---|---|---|---|---|
| THAT | No | Up to 25% | |||||||
| MetaMask | No | ||||||||
| Trust Wallet | No | ||||||||
| Phantom | No | ||||||||
| 1inch Wallet | No | ||||||||
| Baseformerly Coinbase Wallet | No | ||||||||
| Ledgerhardware | No | ||||||||
| Uniswap Wallet | No | ||||||||
| Exodus | No | ||||||||
| Exchange walletsCoinSpot, Swyftx, Coinstash, Coinbase | Yes |
Based on each wallet's mobile app. ✓ Yes · ✗ No · – not applicable · red = a notable drawback. Reflects our understanding as of June 2026; features change — check each provider for the latest.
What to look for
The Things That Actually Differ
Beyond holding and sending, these are the features that separate a good everyday wallet from the rest.
Spending in the real world
This is where THAT is different: a built-in directory of businesses that accept crypto, so you can find a venue and pay in person by scanning a QR code. A few wallets offer a spend card, but none point you to real-world places to spend — THAT does.
Spending rewards
THAT pays you back when you spend: THATBACK rewards of up to 25% in the app, with occasional promos up to 50%. A handful of wallets offer a branded spend card with around 1% cashback — but that's card-network spending, not peer-to-peer crypto, and none come close to THATBACK.
Gasless transactions
THAT sponsors the network fees on your activity — payments, swaps and transfers are gasless. No other wallet here does this across the board (Base covers only a few tokens), so gas never gets in the way of spending or moving your funds.
Peer-to-peer payments
Paying with THAT goes straight from your wallet to the business's — peer-to-peer and on-chain, settled in seconds with no chargebacks. Spend cards convert your crypto to fiat and route through the card networks; THAT keeps it crypto, wallet to wallet.
Tax & statement export
Records make tax time easier. Most non-custodial wallets don't produce statements; THAT can generate transaction statements and extracts for reconciliation and your accountant. (This is general info, not tax advice.)
Networks & custom chains
Broad network support — and the ability to add custom networks — matters if you hold assets across chains. Some wallets restrict you to a fixed set; THAT supports EVM networks like Ethereum and Polygon, with Bitcoin and Solana on the roadmap.
Multiple wallets in one app
The most flexible wallets let you run several independent wallets — adding separate seed phrases and importing individual private keys (handy for sharing one account with a partner). Some only allow multiple seed phrases; a couple lock you to a single seed. THAT supports both.
Swaps & cross-chain
Most wallets can swap tokens, and many now do cross-chain swaps too — but fees vary widely, from 0% to several percent. THAT has in-app cross-chain swaps, so you can move assets you already hold into THAT without bridging manually first.
Self-custody & no KYC
A non-custodial wallet means you hold your own keys — no identity checks to hold or spend, and no one who can freeze your funds. Custodial exchange wallets (CoinSpot, Swyftx, Coinbase) hold your crypto for you and require KYC.
Built for Spending Crypto in Australia
THAT is a non-custodial wallet with the things Australians actually use — multiple wallets, in-app cross-chain swaps, statements for your accountant, and a real directory of businesses that accept crypto. Hold it, swap it, and spend it in the real world.
Non-Custodial Wallets — FAQ
What is the best non-custodial wallet in Australia?+
It depends on what you need. For trading-only, most major wallets are similar. If you want to actually spend crypto at real-world Australian businesses — with self-custody, multiple wallets, in-app cross-chain swaps and statements for your accountant — THAT is built specifically for that.
What's the difference between a non-custodial wallet and an exchange wallet?+
A non-custodial wallet (like THAT, MetaMask or Trust Wallet) keeps the private keys in your control. An exchange/custodial wallet (CoinSpot, Swyftx, Coinbase) holds your crypto for you, requires KYC, and can freeze accounts. Non-custodial means you're in control.
Do non-custodial wallets require KYC?+
Generally no — you can create and use a non-custodial wallet without identity verification. KYC is typically required by custodial exchanges, not self-custody wallets.
Can I spend crypto in person with these wallets?+
Most wallets are for holding, sending and swapping. THAT adds an in-app directory of businesses that accept crypto so you can find a venue and pay directly from your wallet by scanning a QR code.
Which wallet is best for paying with crypto in Australia?+
THAT is built for it — a non-custodial wallet plus a growing directory of Australian businesses that accept crypto, no card or gateway fees for merchants, and near-instant settlement.
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- 10,000+
- App Users
- 250K+
- THAT Transactions
- 5.0
- Star Rating
