Choosing A Sei Wallet

Sei Network is focused on speed and efficiency and optimized for trading, claiming that any kind of trading app, from DeFi DEXs to NFT marketplaces and GameFi exchanges, will operate better on Sei. With its focus on trading apps, you’ll need a Sei-compatible wallet to explore the exchange options available on the Sei blockchain. 

We first look at software wallets specifically developed for Sei, followed by more general popular hot wallets, and finally hardware wallets, which are listed in order of cost. 

Key Takeaways

• Sei Network is emerging as the fastest layer1 blockchain, surpassing the average block time and time to the finality of top blockchains like Ethereum, Solana, BNB Chain, etc.

• You can choose between hardware or software crypto wallets to store your Sei assets.

• Software Sei wallets allow on-the-go wallet access, monitoring, and usage through web browsers or mobile apps. 

• Hardware Sei wallets come with a price tag, but it’s worth buying one if you plan to store substantial crypto assets, as these cold wallets offer the best possible security features.

A Primer On Sei Network

Sei Network, launched in 2023, is an open-source Layer 1 blockchain built using the Cosmos SDK. Jayendra Jog and Jeff Feng, the co-founders of Sei Labs, developed the Sei Network that beats the block finality time of Ethereum and Solana with its Time To Finality (TTF) of just 0.38 seconds.

Sei’s block time is around 0.4 seconds compared to Ethereum’s, which averages approximately 12 seconds. Sei also achieved a major milestone by completing over 1.2 billion transactions within one year of its launch.

It is the first parallelized Ethereum Virtual Machine (EVM), where multiple tasks are executed in parallel to efficiently optimize the system’s performance. This advanced EVM compatibility helps Sei meet the needs of numerous trading platforms, dApps, etc., without compromising transaction speed and efficiency.

The demand for Sei Network also positively impacted the price of its native token, Sei (SEI). The market cap of the SEI token was valued at around $315 million upon launch in November 2023, and it surged to its all-time peak of almost $2.8 billion within four months.

This article lists the top available Sei software and hardware wallets and features, including user experience, compatibility, security, and more.

Even though Sei is a new blockchain with a nascent presence in the crypto space, it offers numerous software wallets for storing and transferring SEI tokens.

This article lists the top available Sei software and hardware wallets and features, including user experience, compatibility, security, and more.

Compass Wallet: Designed Specifically for Sei Network

Compass Wallet is a dedicated Sei wallet developed by the team behind Leap Wallet, a wallet for the Cosmos ecosystem. This wallet supports almost all crypto tokens on the Sei Network and allows users to add custom tokens. 

This Sei wallet lets you interact directly with dApps like SparrowSwap, Kryptonite, Astroport, and more. You can also use this wallet to view your Sei portfolio with live value updates and the available token list, and you can also store and access your favorite Sei NFT collections. Compass Wallet also offers additional features such as staking, enabling you to grow your portfolio by staking SEI and earning token rewards directly in your wallet.

Compass Wallet offers wallet extensions for web browsers like Chrome, Brave, Opera, and Edge. You can also install this wallet on your mobile devices from the App Store or Google Play. 

When it comes to security, Compass Wallet is non-custodial, leaving its users with complete wallet ownership and control. For advanced security, you can connect with the Ledger hardware wallet via Bluetooth to avoid the risks of internet-based attacks or hacks. 

Key Features

1. Seamless dApp Exploration: Connect and interact with all major decentralized applications (dApps) on the Sei Network with ease.

2. In-Wallet Staking: Grow your portfolio by staking your tokens directly within the wallet. Features include delegating,claiming rewards, and unstaking.

3. NFT Gallery: View and showcase your NFT collection directly within the wallet.

4. Detailed Portfolio Overview: Get a comprehensive view of all your tokens on the Sei Network in one place.

5. Ledger Support: Secure your assets with convenient Ledger hardware wallet integration.

Fin Wallet: Seamless Integration with Sei Ecosystem

Fin Wallet is the first native wallet for the Sei Network, which was integrated with the Sei mainnet in August 2023. Its main goal is to foster the accessibility of the Sei Network to its community.

You can use this easy-to-create non-custodial wallet to send, receive, or manage supported tokens and NFTs, along with the option to access various dApps that function on the Sei Network. This wallet helps you connect with major dApps on the Sei ecosystem, such as Sea Swap, Levana Protocol, Eclipse Fi, Dagora, and more. 

Fin Wallet is only available to its users as a browser extension on Firefox, Brave, Edge, and Chrome. However, its developers are working on launching mobile app-based wallets for Android and iOS users. 

The other major feature of this Sei wallet is that it allows its users to mint and collect NFTs. The dedicated portfolio dashboard on the Fin Wallet allows you to view your tokens, their current value, market price, 24-hour price change, and the entire transaction history. 

Key Features

1. Speed and Ease of Use: Designed as the fastest and easiest way to access the Sei ecosystem, with a user-friendly interface and intuitive navigation.

2. Token and NFT Management: Store, send, and receive tokens with low fees, and easily mint, manage, and collect NFTs on the Sei blockchain.

3. Interactive NFT Display: Enjoy an enhanced user experience with an interactive and intuitive display for your NFT collection.

4. Portfolio Management: Effectively track and organize your assets within the wallet to gain a clear overview of your holdings.

5. Seamless Sei Ecosystem Integration: Browse the entire Sei ecosystem within the wallet, accessing a wide range of decentralized applications and services.

Seif: Wallet Extension for a Password-Less Experience

Seif is a user-friendly and secure wallet designed for Sei network users to safely store and manage their supported crypto assets. It was developed by Seoul-based HAECHI LABS, the first Korean company to receive an Ethereum Foundation grant.

You can create a new Seif wallet in under ten seconds to start exploring the features of the Sei ecosystem. With the help of their passkey feature, you can use biometric authentication like fingerprint or face recognition to access and manage your assets without the need for traditional passwords, private keys, or seed phrases.

Regarding security aspects, Seif provides instant notifications to the user following any suspicious activities within the wallet. You can also create multiple wallets for free to manage and diversify your crypto assets on one platform.

Seif also features auto-indexing for tokens and NFTs, tracking all new blocks every 300 milliseconds and updating the latest changes in your wallet portfolio. At present, Seif is only available as a wallet extension for browsers like Chrome, Edge, Opera, and Brave.

Note: There was a security breach in Seif versions v1.1.0 to v1.1.5 on 19 August, where 50 wallets that imported private keys were affected. However, it is not an external hack or breach. Exposed private keys and passwords were inadvertently sent to a secure third party analytics platform that is accessible only by authorized Seif admins.

Key Features

1. Fast Onboarding: Create your wallet in under 10 seconds.

2. Auto Token/NFT Indexing: Automatically detect and display all your tokens and NFTs, ensuring you never miss an airdrop or hidden gem.

3. Free Wallet Association: Experience full EVM <> CosmWasm interoperability on the Sei Network.

4. Seifam SBT: An upcoming feature for unique digital identity on Sei.

5. Multi Wallet Support: Manage multiple wallets within a single app.

Coin98 Wallet: Multi-Chain Wallet with Inbuilt DeFi Access

Coin98 Wallet has a user base of over 10 million and supports more than 100 blockchains, including Sei Network. This non-custodial Sei wallet allows user onboarding using social accounts, encouraging more beginners to enter the crypto space.

The built-in features of Coin98 Wallet allow you to explore various Sei Network-based interactions without switching multiple apps or platforms. For example, this wallet has integrated with DEXs, dApp browsers, and cross-chain bridges for the user’s convenience.

Certik conducts regular smart contract audits for Coin98 Wallet to find and resolve security issues efficiently. To secure your account, you can also opt to turn on in-app security features such as traditional password locks, touchID, and faceID. 

Coin98 Wallet is available on the Play Store and App Store for mobile device users and as browser extensions for Chrome, Brave, etc. 

If you don’t want to deal with the complexities of storing seed phrases, you can create a wallet using the “Social Wallet” option, which allows you to create and recover your wallets using your Google, Apple, Facebook, or email accounts. However, Social Wallets are also managed by seed phrases like hot wallets, so you will still need to back up your seed phrase in a safe place, ideally offline, as anyone with access to your seed phrase can still access your assets within your wallet. .

Key Features

1. Multi-Chain Compatibility: Coin98 supports multiple blockchain networks, including Sei, allowing users to manage their various assets within a single wallet.

2. DApp Browser: Integrated DApp browser enables seamless interaction with decentralized applications on the Sei Network, offering a smooth and convenient user experience.

3. NFT Support: Store, send, and receive NFTs from various chains, including Sei, within the wallet, providing a comprehensive solution for managing digital collectibles.

4. Staking and Yield Farming: Coin98 wallet allows users to participate in staking and yield farming opportunities on the Sei network, providing avenues for passive income generation.

5. Security Features: Coin98 prioritizes security with features like private key encryption, biometric authentication, and two-factor authentication, ensuring that user assets are well-protected.

Bit2Me: Quick Wallet Setup in Just 30 Seconds

Bit2Me is a multi-crypto wallet that supports over 300 cryptocurrencies, including SEI. This SEI wallet offers instant payment options in less than one second using bank transfer, credit or debit cards, etc.

This wallet has introduced the Bit2Me Card, a crypto Mastercard supported by over 40 million online and physical shops worldwide. In terms of security, Bit2Me is ISO 22301 and ISO 27001 certified to secure user data privacy and safeguard crypto assets from potential attacks.  

Bit2Me has also launched a crime insurance program in association with Arch UK Lloyds worth around $150 million to provide coverage for Ledger users. You can also enable instant notification and Two-Factor Authentication (2FA) for added security.   

You can install Bit2Me on your iOS and Android devices to access and manage your Sei tokens on the go. This wallet offers 24/7 personalized customer support via chat, phone, and email.

Key Features

1. Multi-currency Support: Manage both Sei and traditional currencies (like Euros) within the same wallet, allowing for seamless transactions and portfolio management.

2. Multiple Wallet Creation: Create multiple wallet accounts, each with separate balances, for better organization and tracking of your funds.

3. Buy, Sell, Send, and Store Sei: Perform all essential operations with your Sei tokens, including buying and selling at market rates, sending payments globally, and securely storing your assets.

4. Instant Transactions: Fast and cost-free payments to anyone worldwide, whether in Euros or Sei.

5. European Payment Account: Access a European payment account in Euros for local and international transactions.

Other Software Wallets That Support Sei Network

With the announcement of Sei V2 and the chain’s upgrade to become the first fully parallelized EVM, Sei V2 will support the reusability of EVM wallets like MetaMask and Rabby Wallet. 

• MetaMask: A leading self-custodial Web3 wallet that launched in 2016 for Ethereum and EVM chains. It is available as a browser extension and mobile app, and can be used to manage ERC standard assets across supported networks. 

• Rabby Wallet: Rabby Wallet supports Ethereum and EVM chains and testnets, offering additional security features like a wallet whitelisting, transaction simulations, and security alerts for potential issues. It also offers instant gas top ups, where users can easily purchase gas tokens for a network instantly using assets in the same network or other wallets, without requiring swaps on an external exchange. 

As Sei is built on the Cosmos SDK, it is also compatible with Cosmos wallets including Keplr and Leap. However, these wallets do not have EVM support.

• Keplr: This software wallet has a simple and sleek user interface. It allows users to explore interchain dApps using the assets available on the Sei Network. 

• Leap: Supports over 100 crypto tokens across 70+ chains and 150+ dApps with advanced features like ‘SwapFast’ for instant token swap with an option to set custom price slippage. 

Top Hardware Sei Wallets 

Hardware wallets are a great option for protecting your crypto assets from potential online attacks.

Native hardware wallet apps don’t directly support Sei Network, but they can be integrated with software wallets to add an extra layer of security for your Sei Network-based crypto assets.

Users of Ledger hardware wallets can install the Cosmos App to interact with the Compass Wallet and sign Sei Network transactions. Similarly, Keystone hardware wallets support Sei tokens by connecting with the software wallet Kepler.

Ledger has, however, confirmed adding support for Sei (at the time of writing) in the foreseeable future.

Keystone 3 Pro: A Security-First Wallet

Keystone 3 Pro is an air-gapped hardware wallet that does not offer options like Bluetooth or USB connectivity to safeguard users’ crypto assets from almost all potential external attacks. Instead, you can use micro SD cards or scan QR codes to transfer your data offline. 

This hardware wallet supports 5,000+ crypto assets and has a 4-inch LCD display powered by a 1000mAH battery for a long-lasting user experience. Keystone 3 Pro also supports software wallet integration like Kepler to access and manage Sei Network-based tokens.   

Keystone 3 Pro claims to be the only cold wallet built using three distinct secure elements to protect users’ biometric and seed phrase data. It also includes an anti-tampering feature with PCI compliance, automatically wiping all data in response to physical tampering, safeguarding wallet data against misuse.

Key Features

1. Air-Gapped Security: Keystone 3 Pro is a 100% air-gapped hardware wallet, meaning it never connects to the internet.

2. Fingerprint Authentication: The wallet incorporates fingerprint recognition for convenient and secure unlocking and transaction signing.

3. Large Touchscreen Interface: The 4-inch touchscreen provides an intuitive and user-friendly experience for managing your Sei tokens and NFTs.

4. Open-Source Firmware: The firmware of the Keystone 3 Pro is open-source, allowing for community scrutiny and ensuring transparency and trust in the wallet’s security.

5. Multi-Seed Phrase Support: The wallet supports multiple seed phrases, allowing you to manage different accounts and assets securely in one device.

Ledger Stax: Next-Generation Wallet

Ledger Stax is the latest and most advanced product from the renowned hardware wallet maker Ledger, which sold over 6 million units in 2022, according to the company’s official blog post. This wallet has a curved 3.7-inch touch screen with 400×672-pixel resolution and supports over 5,000 digital assets, including NFTs.

This latest Ledger wallet has added a ‘clear signing’ feature to restrict users from signing fraudulent transactions by providing easy-to-understand information on its curved E Ink touchscreen. Ledger Stax, which supports wireless charging, is CC EAL6+ certified and is similar in size to a stack of five credit cards.

Ledger Stax offers USB-C and Bluetooth 5.2 connectivity options and is compatible with Linux, Android, iOS, and macOS devices. You can also use Ledger Stax to customize your lock screen with photos or NFTs.

Key Features

1. Curved E-Ink Touchscreen: A first-of-its-kind touchscreen that allows for easy navigation and interaction with your Sei assets.

2. Magnetic Stacking: A unique magnetic feature that allows for easy stacking and storage of multiple Ledger Stax devices.

3. Enhanced Security: The Ledger Stax provides top-level security for your Sei assets through a secure chip and offline storage of your private keys. This protects your tokens from unauthorized access and online threats.

4. Multi-Currency Support: In addition to Sei, you can manage a wide range of other cryptocurrencies on the Ledger Stax, making it a versatile solution for your digital asset portfolio.

5. Clear Signing: You will always know exactly what you’re signing through Ledger’s secure display.

Conclusion

Sei Network’s impressive speed and ecosystem development will pave the way for using Sei wallets in the coming years. If you’re looking to explore the Sei Network ecosystem, it is important to choose Sei wallets with multi-chain support, security features, a user-friendly interface, and most importantly, one that caters to your needs.

You can choose one or more Sei wallets listed in this article to safeguard your Sei Network-based crypto assets based on their usability, device compatibility, and convenience. 

Do note that this article is for educational and informational purposes on the different wallets that support Sei Network, and should not be taken as investment advice. Always do your own research on any wallets or crypto protocols before depositing funds.