The 3 Best Non-Custodial Wallets for Crypto Startups in 2023

Amid explosive growth in the crypto startup ecosystem, managing funds securely and efficiently is a top priority. This is where self-custodial solutions come into play.

The rapid growth of the crypto startup ecosystem is evident in the massive influx of VC capital. Over the past 30 days, crypto-focused businesses participated in 154 funding rounds, leading to a remarkable 65.8% increase in total investment volume, which now stands at $3 billion.

Of the total funds raised, 27.11% were directed towards Artificial Intelligence (AI) and its intersection with crypto. A nearly equal share of 26.51% went towards Developer Tools, highlighting the priority given to building a solid foundation in this space. Data services and decentralized exchanges each received 15.77%, while payment solutions (14.77%) also attracted significant attention.

Amid this dynamic growth, startups face an equally important challenge: managing their funds securely and efficiently. And this is where self-custodial solutions come into play as vital tools offering businesses the much-in-demand freedom to operate on their own terms, backed by robust security and flexibility.

In this piece, we’ll explore the three most recommended non-custodial wallets that every crypto startup—whether blockchain innovators, DeFi pioneers, or Web3 businesses—can rely on for secure and streamlined fund management.

1. NOW Wallet

Crypto startups need wallets that not only store their funds but also integrate seamlessly with their business operations—something NOW Wallet has proven to achieve effectively.

Secure, Private, and Controlled Crypto Management

NOW Wallet offers businesses secure storage by providing a non-custodial solution, giving full control over private keys and digital assets. This eliminates reliance on third parties and removes centralized points of failure, enhancing security. Key features like mnemonic phrase recovery, end-to-end encryption, PIN Protection, biometrics, and Two-Factor Authentication (available for Pro users) ensure startups can securely store their assets and protect against unauthorized access.

Cryptocurrency Payments with POS Integration

One of NOW Wallet’s standout features for businesses is its Point of Sale (POS) system, powered by the NOWPayments API. This fully integrated solution allows startups to accept cryptocurrency payments seamlessly, supporting over 300 cryptocurrencies. Businesses can generate customized invoices, specify preferred cryptocurrencies for payment, and track their transactions.

The transaction fee for crypto-to-fiat conversions is just 0.5%, while the fiat withdrawal fee ranges from 1.5% to 2.3%, depending on transaction volume. With a $0 integration cost, NOW Wallet makes it easy for startups to integrate a crypto payment solution without incurring high upfront costs.

Features such as automated crypto-to-fiat conversions, AML/KYC compliance, invoicing, and transaction reporting also make NOW Wallet a valuable tool for businesses. Through its integration with Switchere, startups can also cash out quickly, with withdrawals typically processed within one business day—critical for businesses that need fast access to funds.

NOW Wallet’s POS Interface

As a whole, for crypto startups venturing into payment acceptance, NOW Wallet is a straightforward tool to streamline acceptance of digital currencies in a non-custodial environment.

Wide Range of Supported Assets & In-App Swaps

NOW Wallet stands out for its multi-currency integration, supporting over 70 blockchains and 1,500+ tokens, including high-cap coins like Bitcoin (BTC) and Ethereum (ETH), privacy coins such as Monero (XMR) and Zcash (ZEC), stablecoins like Tether (USDT) and USD Coin (USDC), and many more, as well as custom tokens from supported EVM-compatible blockchains and the Tron network. It also offers an integrated limitless and almost instant swap service powered by ChangeNOW, a non-custodial exchange, both of which are part of the NOW non-custodial ecosystem.

This is vital for crypto startups working across different blockchain ecosystems or experimenting with new token projects. Thus, they won’t need to rely on multiple wallets or exchanges to manage and exchange their funds.

Optimized UX

NOW Wallet’s intuitive interface bridges the gap between crypto and traditional UX, allowing teams to organize their finances with the minimum amount of effort. Whether it’s a small project or a larger operation, the wallet’s minimalist design—focused on functionality without unnecessary elements—streamlines fund management.

Crypto Staking

Startups can, as well, take advantage of staking options for PoS tokens—Tron (TRX), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Tezos (XTZ), Binance Coin (BNB), and NOW Token (NOW), helping them earn passive income from their holdings in these cryptos.

Buying and Selling Crypto

Another significant advantage of NOW Wallet is its fiat-to-crypto on- and off-ramp support. With integration for over 60 fiat currencies, businesses can easily buy and sell crypto using major payment methods like Visa, Mastercard, Google Pay, Apple Pay, and bank transfers.

NFT Management

NOW Wallet’s built-in NFT management