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ShapeShift vs Yoroi Wallet

How ShapeShift vs Yoroi Wallet compare on our ratings, wallet specs, funding, pros and cons.

ShapeShift4.2/5
VS
Yoroi Wallet2.1/5
Feature
ShapeShiftVisit
Yoroi WalletVisit
Ratings
Our score4.2/52.1/5
User ratingNo reviews yetNo reviews yet
Security4.01.0
Ease of use4.02.5
Chain support4.51.5
Features4.02.5
Privacy4.53.5
Specs
KYC required No No
Wallet typeMobile, WebBrowser extension, Mobile
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, OtherOther
PlatformsiOS, AndroidChrome, Firefox, Edge, iOS, Android
Open source Yes Yes
Hardware wallet support Yes Yes
In-app swaps Yes Yes
Staking Yes Yes
Buy crypto in app YesNot disclosed
WalletConnect YesNot disclosed
Security featuresNot disclosedHardware wallet integration, Local key storage, Seed phrase backup
Recovery without a seed phraseNot disclosed No
Swap fee0%Not disclosed
Perpetuals tradingNot disclosed No
Company
Founded20142018
HeadquartersSwitzerland—
InvestorsEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3Not disclosed
Strengths and weaknesses
Pros
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
  • Open-source codebase backed by Cardano founding entity EMURGO
  • Direct hardware wallet support via Trezor and Ledger
  • Self-custodial design where users retain control of seed phrases
  • Lightweight client that skips full node blockchain syncing
Cons
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
  • Permanently shut down in July 2026 following a 16.1 million ADA exploit
  • No longer supports active transfers, dApp connections, or new account creation
  • Limited historically to the Cardano and Ergo ecosystems
  • Affected by a signing flaw that compromised 374 user wallets
Best forKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration usersFormer users migrating seed phrases, Checking affected exploit address status, Auditing historical Cardano transaction balances

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