Updated 7 Nov 2026
Plaxswap Wallet: self-custody cryptocurrency wallet
A non-custodial cryptocurrency e-wallet for Android and the web. There is no account to open, and only you hold the recovery phrase.
What is a decentralized wallet?
A decentralized wallet is a crypto wallet you control yourself, also called a self-custody or non-custodial wallet. On a centralized exchange, the exchange holds your coins and you log in to reach them. Here you control your private keys: a recovery phrase of 12 or 24 words, also called a seed phrase, controls the coins, and whoever has that phrase can spend them.
Plaxswap Wallet makes the phrase on your device and never sends it to us. We can't move your coins. We also can't get the phrase back for you: if you lose it and your browser data is cleared or your phone is lost, the wallet is gone.
Our guide what is a decentralized wallet compares it with an exchange account and lists what self-custody doesn't protect you from.
What you can do with it
- Hold more than 370 coins, including Bitcoin, Ether, USDT and Solana.
- Send coins, or receive them with a QR code of your address.
- Swap one coin for another. Routes come from KyberSwap, LI.FI, NEAR Intents and Relay, and each one shows its fees before you confirm.
- Follow prices in Markets and star coins for your watchlist.
- See past payments and swaps in Activity.
- Keep several wallets side by side, with an address book for the people you pay.
Networks
This is a multi-chain wallet. Sending works on 12 networks: the EVM networks Ethereum, BNB Smart Chain, Base, Arbitrum, Polygon and Avalanche, plus Bitcoin, Solana, Tron, XRP Ledger, Litecoin and Dogecoin. You can also receive on TON, Stellar, Cosmos Hub, Bitcoin Cash and Dash, but sending and swapping on those five aren't ready yet.
Holding one coin? See the USDT wallet and XRP wallet pages.
How to start
- Install Plaxswap Wallet from Google Play on Android, or open plaxswap.com/wallet in a browser. You don't sign up or give an email address.
- Make a new recovery phrase of 12 or 24 words, or import one from another wallet such as Trust Wallet or MetaMask.
- Write the words on paper, in order, and keep the paper somewhere private. The wallet then checks that you wrote them down.
- Choose a 6-digit PIN. You'll use it to unlock the wallet on this device.
Stop any screen sharing before the phrase appears. A browser can't block screenshots.
How your phrase is protected
On Android, the phrase and keys are created and stored only on your phone, and you unlock the app with your PIN or fingerprint. It locks by itself and blocks screenshots on secret screens.
In the web wallet, the phrase stays in your browser, encrypted with AES-256-GCM. The encryption key comes from your PIN through PBKDF2 with 600,000 rounds, and the encrypted copy never goes to our servers.
A browser protects a PIN less than a phone can. A 6-digit PIN has one million combinations, and someone who copied your whole browser profile could try them all offline. Use this wallet only on a device you trust.
Safety limits you can turn on in Settings
- A daily limit. Making it stricter works at once, and loosening it waits 24 hours.
- Sending only to saved addresses. A newly saved address can receive after 24 hours.
- A lock that keeps the recovery phrase hidden until you turn it off with your PIN.
- A scam check, which sends the recipient's address to GoPlus Security before a payment.
- A shuffled PIN keypad, where the digits change places every time.
Anyone with your recovery phrase or PIN can still get to your funds, so keep both private.
What it costs
Plaxswap takes no fee when you send or receive. You pay the network's fee, in that network's own coin.
Our fee on swaps is 0.20% from stablecoin to stablecoin on one network, 0.30% for other swaps on one network and 0.40% between networks. Some routes have no Plaxswap fee. The swap service keeps its own fee, and each route shows it before you confirm. All of this is on the fees page.
Where it works
The wallet is closed in Cuba, Iran, North Korea, Syria, Russia, Belarus and Myanmar (Burma), because of international sanctions or FATF rules. It works everywhere else, including the United States, the United Kingdom and Germany. The compliance policy has the details. The Android app is on Google Play in selected countries. Where it isn't listed, use the web wallet.
Questions about the wallet
Do I need an account?
No. There is no sign-up and no email address. You open plaxswap.com/wallet and make or import a recovery phrase.
Is there a Plaxswap Wallet app?
Yes. The Android app is on Google Play. You can also open plaxswap.com/wallet in a browser on a phone or a computer.
Can I move my wallet from Trust Wallet or MetaMask?
Yes. Import its 12 or 24-word recovery phrase. These are standard BIP39 phrases, so you can also take your Plaxswap Wallet phrase to another wallet app that uses the same standard.
What if I forget my PIN?
Type the wallet's recovery phrase and choose a new PIN. The wallet checks that the words belong to it before anything changes.
What if I lose my recovery phrase?
While the wallet still opens, you can view the phrase in Settings and write it down again. If the phrase is lost and the browser data is cleared or the phone is lost, nobody can bring the wallet back, and that includes Plaxswap.
Can Plaxswap reverse a payment?
No. What you send goes straight to the network, and we can't stop it. Check the address and the network before you confirm.
Will Plaxswap ever ask for my recovery phrase?
No. Anyone who has the phrase controls your coins, so anyone asking for it is trying to take them.
The wallet guide has more on writing down your phrase and on fees.