TL;DR
Sparrow is the best multisig wallet software for most people: free, open source, made for hardware wallets, and it imports and backs up a descriptor. Nunchuk is the pick if you want your multisig on your phone too. Electrum works but can’t import a descriptor. Liana is for timelocked inheritance, not a plain 2-of-3.
I use Sparrow. I haven’t used Nunchuk, Electrum or Liana in this setup myself; the details below come from the developers’ own sites, release pages and source code, checked October 10, 2026.
In a multisig, the wallet software is the coordinator. It combines the public keys of your three devices, shows your balance and builds transactions for the devices to sign. It never holds a private key. That’s why the choice matters less than people think: all good coordinators use the same open standards. But it does decide how easy setup, address checks and recovery are.
What matters
- Runs where you’ll sign. The setup guide uses a dedicated laptop, so a desktop app is the baseline.
- Works with your hardware wallets, and can ask them to show an address so you can check it on the device.
- Imports and exports a descriptor. One file that describes the whole wallet. It makes recovery in another app a matter of loading it (what a descriptor is).
- Free and open source, with signed downloads you can verify.
- No account. Your wallet shouldn’t depend on a company’s server.
Side by side
| Sparrow | Nunchuk | Electrum | Liana | |
|---|---|---|---|---|
| Latest version | 2.5.5 (Sep 17, 2026) | Desktop 2.9.1 (Oct 9, 2026), Android 2.9.0 | 4.8.2 | 15.0 (Aug 1, 2026) |
| Platforms | Windows, macOS, Linux | Windows, macOS, Linux, Android, iOS | Windows, macOS, Linux, Android | Windows, macOS, Linux |
| Hardware wallets | All on this site, by USB, QR or microSD | USB on desktop; QR and NFC on the phone | Trezor, Ledger, BitBox02, Jade, Coldcard and others, mostly USB | Ledger, BitBox02, Jade, Coldcard (Edge firmware), not Trezor |
| Imports a descriptor | Yes | Yes (also BSMS files) | No; rebuild from the three xpubs | Its own Liana descriptors |
| Cost | Free | Free; optional paid plans | Free | Free; paid business service |
| Open source | Yes (Apache 2.0) | Desktop and Android yes (GPL-3.0); iOS no | Yes (MIT) | Yes (BSD 3-Clause) |
| Account needed | No | No, guest mode | No | No |
Sparrow
Desktop only. It shows every input, output and fee before your devices sign, registers the multisig on the BitBox02 and the Ledger when you display an address, and exports the descriptor as a PDF with a QR code. It works with every hardware wallet on this site. Downsides: no phone app, and a lot of information on screen at first. It’s what the setup guide uses, from installing and verifying it to the recovery rehearsal. More in is Sparrow Wallet safe? and, on a Mac, Sparrow multisig on a Mac.
Nunchuk
Built around multisig, with desktop and phone apps. The free plan does everything a do-it-yourself 2-of-3 needs and works without an account. The paid plans add a key held by Nunchuk and inheritance features; that’s a different model, closer to collaborative custody. On the phone, hardware wallets connect by QR or NFC, so the guide’s three USB devices still sign on a computer. A Sparrow wallet opens in Nunchuk straight from its descriptor. See Sparrow vs Nunchuk and Nunchuk multisig on your phone.
Electrum
Around since 2011, light and widely used. It builds the same kind of 2-of-3 (native segwit multisig, p2wsh). Two catches: it can’t import a descriptor, so your backup needs the three xpubs and exact settings, and it won’t show a multisig address on a Ledger. With the guide’s devices that leaves one device that checks against your registered multisig instead of two. See Sparrow vs Electrum and Electrum multisig step by step.
Liana
A different tool. According to its developer, a Liana wallet has a primary path that can always spend and a recovery path that only opens after the coins haven’t moved for a set time. Either path can be a multisig. That’s useful for inheritance, but it means refreshing your coins before the timelock runs out, and the Trezor isn’t on its list of supported devices. It isn’t the app to open the guide’s plain 2-of-3. Details in timelocked inheritance with Liana.
Also around
- Specter Desktop is still being released (version 2.1.11, August 2026) for Windows, macOS and Linux, under the MIT license. I haven’t looked at it further for this setup.
- BlueWallet is a phone wallet that still has a Multisig Vault feature (version 8.0.2, October 2026). It can put keys on the phone itself, and a key on a phone is a hot key. I wouldn’t build a three-hardware-wallet setup around it, but it can be a watch-only copy.
My pick
Sparrow on a dedicated signing computer, as in the guide. It’s the clearest about what you sign, and its descriptor backup makes the rest easy. If you want to watch your balance on your phone, add Nunchuk later as a watch-only copy from the same descriptor. You don’t have to choose for life: a Sparrow multisig opens in Nunchuk or Electrum.
Common mistakes
- Downloading from a search ad. Type sparrowwallet.com, nunchuk.io or electrum.org yourself and verify the signature, as in step 3.
- Trusting the address the app shows without checking it on a device that has your multisig registered.
- Backing up only the seeds. Without the descriptor (or, for Electrum, the three xpubs) recovery gets much harder.
- Adding a software key on a phone or laptop to save buying a third device.
- Typing a seed into any of these apps. Seeds go on hardware wallets, never into a program.