Keplr vs Xdefi | Key Reasons Why We Love & Use Both Wallets
Jack Moreau
Feb 2024
9 min read
Fact checked
Are you looking for a secure and reliable way to store and manage your cryptocurrencies? This comparison of Keplr Wallet vs Xdefi Wallet could be the perfect solution for you. We have compared both of these non-custodial wallets across various metrics such as user experience, supported blockchains, number of cryptocurrencies and more to help you decide which one suits your needs best!
Keplr Wallet and Xdefi are two of the newest wallets on the market. Keplr was founded in 2021 and is headquartered in Seaoul with over 10 employees. It has over 1 million users and 100,000 downloads on Android with a 3.8 rating and over 1,000 reviews.
The Keplr browser extension has over 800,000 downloads and a 4-star rating based on 100 reviews.
Xdefi was founded in 2020 and is headquartered in London, with over 30 employees. While their app is currently not available, the browser wallet has over 200,000 downloads with a 4.8 rating and over 200 reviews.
Similar to Keplr wallet, Xdefi also provides it's users with a non-custodial and secure way to store their cryptocurrency.
Keplr Wallet vs Xdefi: User Experience
Keplr Wallet is a beginner-friendly wallet with a simple user experience for the Cosmos ecosystem. It is non-custodial and does not require KYC. It is supported by Google Chrome and Brave Browsers, but is not available for desktop.
Xdefi offers a modern design with loads of features and is also non-custodial and does not require KYC. It is supported by Chrome and Brave browser, but is not available for desktop.
Both wallets offer a great experience for users, but Keplr is better suited for beginners, while Xdefi provides a more advanced experience with plenty of features.
Keplr Wallet vs Xdefi: Product Features
Keplr and Xdefi wallets both offer unique features for users to securely store and manage their cryptocurrencies. Keplr provides users with an in-app DEX and supports NFTs on the Cosmos ecosystem.
Staking is available in the wallet for the Cosmos ecosystem as well. Xdefi, on the other hand, provides native integration with Thordchain for swaps with no fees for swaps under $300 and 0.3-0.5% on swap fees above that.
XDEFI also supports NFTs for 15 blockchains like Ethereum, Solana, Avalanche and Polygon and the XDEFI wallet only supports staking of the XDEFI token. Their users can also buy crypto via Ramp Network fiat on-ramp.
Keplr Wallet offers support for +80 cryptocurrencies, including USDC and IST stablecoin from Agoric. It only supports Cosmos-based blockchains like Osmosis, Evmos, Agoric and Injective, and offers Ledger hardware wallet integration.
Xdefi, on the other hand, supports +10,000 tokens across Ethereum, Polygon, Solana, and Avalanche. It supports 25 blockchains, including Bitcoin, Ethereum, Solana, and Avalanche and many others while offering hardware integration for Ledger.
Keplr Wallet vs Xdefi: Security
Keplr Wallet and Xdefi are both non-custodial wallets with reliable security measures. Keplr Wallet is fully open source and regularly undergoes security updates and audits. There is also a bug bounty program with HackerOne.
Xdefi is not open source but is audited by Kudelski Security and has a bug bounty program with rewards up to $50,000. Other wallet security measures include anti-phishing technology, security audits and bug bounty programs.
Keplr Wallet vs Xdefi: Conclusion
Keplr and Xdefi while relatively new entrants in the crypto-wallet domain, each bring distinct features and experiences to the table.
When comparing user experiences, Keplr positions itself as a beginner's go-to wallet with a simplified interface, specifically catering to the Cosmos ecosystem.
Its non-custodial nature which precludes the need for KYC provides easy and private access. However, its scope is limited in terms of platform compatibility, functioning primarily on Google Chrome and Brave Browsers.
And while Keplr is also available on Mobile, the Xdefi Wallet has yet to launch their Android and IOS application.
Xdefi also has a modern design and is non-custodial in it's nature but supports over 18 blockchains including Bitcoin, Ethereum, Avalanche, Thorchain and many others.
From a product feature perspective, Keplr's allure lies in its in-app DEX, staking functionalities, and NFT support within the Cosmos ecosystem.
Conversely, Xdefi carves a niche for itself with zero fees for swaps under $300, a sliding fee scale above that through its native integration with Thorchain, and a sweeping NFT support for 18 blockchains.
Furthermore, Xdefi's exclusivity in staking its native token and the availability to purchase crypto via the Ramp Network fiat on-ramp presents more options for its user base.
Diving into cryptocurrency support, Keplr offers supported for a Ledger hardware wallet integration which is also available for Xdefi users.
On the security front, both wallets underscore their non-custodial credence. Keplr's full open-source architecture paired with regular security updates, audits, and a proactive bug bounty program with HackerOne.
Xdefi, though not open source, has frequent and robust audits by Kudelski Security and incentivizes vulnerability spotting through a lucrative bug bounty program, rewarding up to $50,000 for critical discoveries.
In sum, Keplr emerges as an ideal choice for those beginning their crypto journey in the Cosmos ecosystem while Xdefi offers more options for those that wish to venture beyond Cosmos.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.