Wasabi Wallet is a Bitcoin-only hot wallet.
It places a high emphasis on privacy and anonymity.
It launched in 2018 and has gained a loyal following.
What sets Wasabi Wallet apart is that it was designed not just to store your BTC but to actively protect your financial privacy on the blockchain.
As 2025 progresses, more crypto users are becoming aware of surveillance and data tracking.
This Wasabi Wallet Review is here to explain its unique privacy tools, wallet features, user guide, and platform performance.
What Is Wasabi Wallet, and Who Is It For?
The Wasabi Wallet is a software wallet that is self-custodial and open-source.
It functions on its native desktop platform app and is exclusive for Bitcoin.
Created by zkSNACKs, the platform’s design is meant to be easy for users while also providing top privacy through its built-in CoinJoin function and automatic Tor integration.
Wasabi Wallet Overview
Feature | Details |
---|---|
🔐 Type | Non-custodial Bitcoin-only wallet |
🛡️Privacy Features | Built-in CoinJoin, automatic UTXO management, Tor routing |
💻 Platform | Desktop (Windows, macOS, Linux) |
🛠️ Open Source | Yes (MIT License) |
💰 Price | Free to download; CoinJoin charges ~0.3% coordination fee |
🔄 CoinJoin Support | Yes (automated, user-controlled) |
Since this is a non-custodial wallet, you have full control of your private keys.
However, it’s important to understand that it’s still a hot wallet, meaning that it’s always connected to the internet.
Hot wallets are notoriously known for being more prone to hacking and cyberattacks.
However, the Wasabi Wallet has become very popular with developers and experienced Bitcoin users because of its CoinJoin and Tor integration.
You can find long Reddit discussions about it, where privacy and censorship are commonly talked about concerning crypto.
While it might not be the best Bitcoin wallet for beginners, we hope that our Wasabi Wallet Review will help you understand its functionality further.
Key Features of Wasabi Wallet
The Wasabi Wallet is designed with privacy in mind to give you the best possible anonymity.
The wallet’s main features that draw users to use it include:
CoinJoin Technology
Automatic CoinJoin is probably the standout feature of this wallet.
It functions by giving users the ability to mix their Bitcoin with others in a collaborative transaction.
The idea here is to break the link between one specific sender and receiver.
Wasabi uses a new feature called WabiSabi, a protocol that coordinates CoinJoin with variable input and output amounts.
Tor Integration
Wasabi routes all transactions through the Tor network by default.
This will guarantee that your IP addresses remain hidden, even from the wallet’s own servers.
This layer of anonymity helps to protect you even further against network surveillance and will provide more privacy during broadcasting transactions.
Open-Source Code
Wasabi Wallet is fully open-source, with its code publicly available on GitHub.
This allows independent developers and security researchers to audit the wallet for bugs or vulnerabilities.
No KYC
Compared to custodial platforms, Wasabi Wallet does not need any Know Your Customer (KYC) verification.
You are not asked to provide any documents, email addresses, or phone numbers.
Cross-Platform Compatibility
Wasabi Wallet is available as a desktop application for Windows, macOS, and Linux.
How Does Wasabi Wallet Work?
We want to highlight that although Wasabi does a great job of making the user interface easy to navigate and provides useful tips and tools on its official site, this is a platform better suited for experienced Bitcoin investors.
Here is a step-by-step breakdown of how to use the Wasabi Wallet:
1️⃣Download and Install
- Always access from the official website.
- Download the latest version compatible with your operating system (Windows, macOS, or Linux).
- Verify the download.
- Install the Wallet. Follow the installation instructions specific to your operating system.
- Launch platform.
2️⃣Generate a Wallet and Your Recovery Phrase
- Create a new wallet. Once launching Wasabi, select “Create a new wallet,” then assign it a unique name.
- Backup the recovery words: Wasabi will generate a 12-word mnemonic recovery phrase.
💡 Pro Tip:
Store your recovery seed phrase on an indestructible metal backup wallet, like Material DIY.
It’s crucial to save these words in the exact order presented and keep them securely offline.
This seed phrase is the only way to recover your wallet.
- Set a passphrase. This passphrase encrypts your wallet and is an additional layer of security.
- Confirm and finalize.
3️⃣Receiving and Sending Bitcoin
Receiving Bitcoin:
- Open your wallet and go to the “Receive” tab.
- Enter a label for the incoming transaction to help you identify it later.
- Click “Generate Receive Address” to produce a new Bitcoin address.
- Share this address with the sender or use it to transfer Bitcoin from another wallet.
Sending Bitcoin
- Go to the “Send” tab within your wallet.
- Enter the recipient’s Bitcoin address and specify the amount to send.
- Optionally, add a label for the transaction.
- Review the transaction details carefully.
- Click “Send” to initiate the transaction.
4️⃣Setup CoinJoin Transactions
CoinJoin is a way of combining multiple users’ transactions into a single transaction.
This is meant to enhance your privacy by covering the origin and destination of funds.
This is done automatically.
💰 Fees for CoinJoin:
Version 2.2.0.0, Wasabi Wallet only joins CoinJoin transactions where users are responsible for paying standard Bitcoin mining fees, just like any regular Bitcoin transaction.
There are no extra coordination or mixing fees in these rounds.
Is Wasabi Easy to Use in 2025?
There have been some major changes with the Wasabi Wallet to enhance user expereince.
The new 2.0 version has had many updates, aiming to make the Wasabi Wallet more accessible while keeping top privacy features.
Wasabi Wallet Feature Overview & User Experience
Aspect | Details |
---|---|
🖥️ UI/UX Improvements | Has a new, modernized interface with intuitive navigation, making it more user-friendly for experienced users. |
📚 Learning Curve | Still challenging for beginners, especially when using advanced privacy features like CoinJoin. Tutorials are highly recommended. |
👤 User Type | Best suited for privacy-focused users with moderate to advanced technical knowledge. Not ideal for crypto newcomers. |
🚀 Version 2.0 Enhancements |
|
⚖️ Technical vs Beginner-Friendly | More technical than beginner-focused wallets like Exodus; offers advanced privacy but with a steeper learning curve. |
Wasabi Wallet Review Reddit: What Are Real Users Saying About It?
In our opinion, community feedback is what gives the most valuable insights.
Wasabi Wallet 2.0 released – did anyone try it?
byu/bernards_account_3 inBitcoinBeginners
On Reddit, there are deep discussions on threads about the Wasabi Wallet, its improvements, and needed changes.
Reddit users often praise Wasabi Wallet for its strong privacy tools, especially its integration of CoinJoin and Tor.
However, some criticize its complexity for beginners, its Bitcoin-only support, and how it’s dependent on a central CoinJoin coordinator.
Comment
byu/bernards_account_3 from discussion
inBitcoinBeginners
Is Wasabi Wallet Safe? Security and Privacy in 2025
Strengths | Limitations |
---|---|
✅ Non-custodial — full user control | ❌ Bitcoin-only support |
🔒 Strong encryption & built-in CoinJoin | 🌐 Still connected to the internet (hot wallet) |
🧅 Integrated Tor routing for privacy | ⚠️ Not ideal for large or long-term holdings |
Cold Storage vs. Wasabi Wallet
We’ve mentioned many times that the Wasabi Wallet is a hot wallet.
But did you know that for complete Bitcoin security, the only way to truly protect your crypto is by using cold storage?
Cold wallets work by keeping your crypto offline, making it immune to hacks and other online threats.
It is the ideal way for storing your Bitcoin long-term, as you never need to worry about its safety or check it daily.
For users who want to store their Bitcoin safely over months or years, Material Bitcoin is a powerful cold storage alternative.
Made out of stainless steel, it keeps your Bitcoin offline and is made to last, even through fire and water exposure.
But want to manage your Bitcoin daily?
No problem. Why not combine both tools?
Use the Wasabi Wallet for managing and spending Bitcoin with privacy, and transfer your savings to Material Bitcoin for long-term, hack-proof storage.
When Should You Use Wasabi Wallet (and When You Shouldn’t)?
✅ Best Use Cases | 🚫 Not Recommended For |
---|---|
🔒 Privacy-conscious users | ❌ Users needing multi-asset support |
🖥️ Wants desktop platform | 👶 Beginners seeking ease of use |
🔗 Spending BTC privately on-chain | 🧊 Long-term cold storage solutions |
Final Verdict: Is Wasabi Wallet Worth It in 2025?
Although the Wasabi Wallet remains one of the best options for Bitcoin users who are searching for privacy and anonymity, it is more advanced and not made for long-term Bitcoin storage.
For that, combining the use of the Wasabi Wallet with one of the best hardware wallets available, like Material Bitcoin, is the ideal solution for privacy and security.
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At Material Bitcoin, we’re not only leaders in secure cold storage, but our team also provides in-depth reviews of the top wallets on the market.
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FAQs
Is Wasabi Wallet legal to use?
- Yes, the Wasabi Wallet is legal in most countries. However, always check local regulations regarding privacy tools and crypto laws.
Can you use Wasabi Wallet on mobile?
- No. Wasabi is currently only available as a desktop wallet for Windows, macOS, and Linux.
How much does CoinJoin cost?
- CoinJoin fees include a coordinator fee of 0.3% on the amount being mixed plus network (miner) fees.
Is the Wasabi Wallet truly anonymous?
- Wasabi helps to keep anonymity through CoinJoin and Tor, but no tool can guarantee 100% anonymity. Proper usage and best practices are needed.
Can I combine Wasabi with cold storage like Material Bitcoin?
- Yes, you can use Wasabi for private transactions and transfer funds to a Bitcoin cold wallet like Material Bitcoin for secure, long-term storage.
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