by | Mar 12, 2025 | crypto

Last Updated: March 12, 2025

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RockWallet logo

If you’re looking for the safest and easiest way to invest in crypto, you’re probably wondering:

  • How can I store my crypto securely?
  • Which wallet is beginner-friendly but still powerful?
  • What’s the best way to buy, sell, and swap crypto without getting overwhelmed?

That’s where RockWallet comes in. Let’s break it down in this review so you can determine if it’s the right fit for you.


What is RockWallet?

RockWallet is a self-custodial mobile wallet that makes buying, selling, and storing crypto super simple. If you’re new to crypto or just want a wallet that’s easy to use without sacrificing security, RockWallet is designed with you in mind. Here’s an intro video we’ve taken straight from the company’s YouTube channel:

The cool part? You control your funds. Unlike centralized exchanges (like Coinbase or Binance), RockWallet doesn’t hold your private keysyou do. That means no one can freeze your assets or block your transactions.

It’s built using the trusted BRD open-source code, which has been around for years and is known for its reliability and security.


Why Choose RockWallet?

Here are the biggest reasons people are switching to RockWallet:

Beginner-Friendly – The app is designed to be super intuitive, even if you’ve never used a crypto wallet before. You don’t need to be a tech expert to get started.

Buy, Sell & Swap in One Place – You don’t have to jump between different platforms. RockWallet lets you buy crypto, swap between coins, and sell when you need to cash out, all from one app.

Self-Custody = You’re in Control – Unlike exchange wallets that hold your crypto for you, RockWallet gives you full ownership of your assets. You’re the only one with access to your private keys.

Secure & Trusted – Since it’s based on BRD’s battle-tested security model, it offers strong encryption and top-tier security measures.

Supports Multiple Cryptos – You can store and manage a variety of top cryptocurrencies, making it a great all-in-one solution.

Low Fees & Transparent Costs – Unlike some wallets that hit you with hidden fees, RockWallet keeps things transparent. You know what you’re paying upfront.


What Are Users Saying?

Most RockWallet users love how simple it is to use. Many say it’s one of the best wallets for beginners because of its clean interface and easy buying/selling process.

However, some users have reported issues with verification—especially when linking certain bank accounts or debit cards. If you use Discover or Chime, for example, you might run into some hiccups.

That said, RockWallet’s customer support has been praised for being responsive, which is a big plus compared to other crypto wallets.


Is RockWallet Safe?

Yes! Since it’s a self-custodial wallet, you (and only you) hold the private keys to your funds. This means:

No third-party risks – Your crypto isn’t held by an exchange that could get hacked or shut down.
Strong security – RockWallet is built on proven BRD wallet security, which has been trusted by millions since 2014.
Backup & Recovery – If you ever lose access, you can restore your wallet using a backup phrase.

🚨 Important Note: Since you control your private keys, make sure you write down and safely store your recovery phrase. If you lose it, no one—not even RockWallet—can help you recover your funds.


Should You Use RockWallet?

Yes, if you want a secure, easy-to-use wallet where you control your crypto.
Yes, if you want to buy, sell, and swap in one app without crazy fees.
Yes, if you’re a beginner looking for a smooth and simple experience.
🚫 Maybe not, if you need advanced trading tools or plan to use complicated DeFi features.


RockWallet FAQ (Frequently Asked Questions)

If you’re considering RockWallet for buying, selling, and storing crypto, you probably have some questions. Here’s a quick FAQ to help you out!


1. What is RockWallet?

RockWallet is a self-custodial mobile wallet that lets you buy, sell, swap, and securely store crypto. Unlike exchange wallets (like Coinbase or Binance), RockWallet gives you full control over your fundsyou hold the private keys.


2. Is RockWallet Safe?

Yes! RockWallet is built on the trusted BRD open-source code, which has been used by millions of crypto holders since 2014. Since it’s self-custodial, your funds are not held by a third party—only you can access them.

Strong encryption & security
No exchange risk (hacks, freezes, shutdowns)
Backup & recovery phrase to restore your wallet

🚨 Important: Since RockWallet doesn’t store your private keys, make sure you safely back up your recovery phrase. If you lose it, your funds cannot be recovered.


3. What Cryptocurrencies Does RockWallet Support?

RockWallet supports a variety of top cryptocurrencies, including:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • And more…

New assets are added over time, so check the app for the latest supported coins.


4. Can I Buy and Sell Crypto Directly in RockWallet?

Yes! RockWallet makes it easy to:

Buy crypto with a debit card or bank transfer
Sell crypto directly for fiat (USD, etc.)
Swap between different cryptocurrencies

💡 Note: Some bank cards (like Discover & Chime) may not work due to banking policies.


5. Are There Any Fees?

RockWallet charges transparent fees when buying, selling, or swapping crypto. Fees depend on factors like:

  • Network congestion (blockchain fees can fluctuate)
  • Payment method (debit cards typically have higher fees than bank transfers)
  • Exchange rates

You’ll always see the fees upfront before confirming a transaction.


6. How Do I Back Up My RockWallet?

When you set up your wallet, you’ll receive a 12-word recovery phrase. This is the ONLY way to recover your wallet if you lose your phone or need to reinstall the app.

Write it down and store it safely.
Do NOT screenshot or store it digitally.
Never share it with anyone.

If you lose this phrase, RockWallet cannot recover your funds—so keep it safe!


7. Can I Use RockWallet on My Computer?

No, RockWallet is currently a mobile-only wallet available for iOS and Android. There is no desktop version at this time.


8. Does RockWallet Offer Customer Support?

Yes! If you run into any issues, RockWallet has customer support available via email or within the app.

Users have reported fast and helpful responses, especially for verification issues and transaction delays.


9. Do I Need to Complete KYC (Identity Verification)?

Yes, if you want to buy or sell crypto within RockWallet, you’ll need to complete a Know Your Customer (KYC) verification process. This usually involves:

Submitting a valid ID (passport, driver’s license, etc.)
Taking a selfie for verification
Providing basic personal information

If you’re only using RockWallet to store and manage crypto (without buying/selling through the app), KYC is not required.


10. Is RockWallet a Good Wallet for Beginners?

Yes! RockWallet is one of the easiest crypto wallets for beginners because of its:

Simple, clean design
Easy-to-use buy, sell, and swap features
No technical knowledge required

If you’re new to crypto and want a safe, user-friendly way to manage your coins, RockWallet is a solid choice.


11. What Happens if I Lose My Phone?

If you lose your phone, you can recover your RockWallet on a new device using your 12-word recovery phrase.

🚨 Warning: If you didn’t back up your recovery phrase, your funds are lost forever. RockWallet does not store your keys or have access to your wallet.


12. Can I Send and Receive Crypto?

Yes! RockWallet allows you to:

Send crypto to another wallet or exchange
Receive crypto by sharing your wallet address or QR code

Transactions are secured using blockchain technology, and you’ll need to pay a small network fee when sending funds.


13. Are There Any Downsides to RockWallet?

While RockWallet is a great wallet, it’s not perfect. Here are some potential downsides:

🚫 Limited to mobile use (no desktop app yet)
🚫 Some bank cards may not work for buying crypto
🚫 No advanced DeFi or staking features

If you’re looking for more advanced features like staking, NFTs, or DeFi integration, you may need to use an additional wallet.


14. How Do I Get Started with RockWallet?

Getting started is easy! Here’s what to do:

1️⃣ Download RockWallet from the App Store (iOS) or Google Play (Android).
2️⃣ Create a new wallet and securely back up your 12-word recovery phrase.
3️⃣ Verify your identity (if you want to buy/sell crypto through the app).
4️⃣ Start using your wallet to store, send, receive, and swap crypto!


15. Is RockWallet the Best Wallet for Me?

✅ Yes, if you want:
✔ A secure and beginner-friendly wallet
✔ Full control over your crypto (self-custodial)
✔ An easy way to buy, sell, and swap in one app

🚫 Maybe not, if you need:
❌ Advanced trading features
❌ DeFi, staking, or NFT integration
❌ A desktop version

16. Is RockWallet Available in All States?

RockWallet is available in the United States only right now; however, certain features like ‘Buy’ and ‘Swap’ are restricted in specific states due to varying digital asset regulations.​

States with Feature Restrictions:

Residents in the following states can download RockWallet to ‘Send’, ‘Store’, and ‘Receive’ digital assets but cannot currently use the ‘Buy’ or ‘Swap’ functionalities:​help.rockwallet.com

Final Thoughts: Is RockWallet Right for You?

If you’re just getting started with crypto or want a no-fuss, secure, and user-friendly wallet, RockWallet is a great choice. It’s beginner-friendly but still offers the security of self-custody—so you always have control over your money.

Would you like help setting it up or choosing the best cryptos to start with? Let me know! 😊🚀

Mark Turner

Mark Turner is an author and editor at Sophisticated Investor. He has over two decades of experience in the financial industry as a broker in both Chicago and New York and has written for several top tier publications. He currently covers the topics of alternative investments, geopolitical events, US economy, portfolio diversification and others.