A secure Ethereum wallet is vital for anyone who owns ETH coins. Ethereum (ETH) is one of the most famous cryptocurrencies in the world and the second largest in terms of market capitalization. It is being developed and expanded and it is no wonder that more and more enthusiasts want to invest in the platform.
However, if you have any plans to buy, trade, or hold Ethereum in Ethereum, it is important to find a secure Ethereum wallet that will perfectly suit your needs. If you are just starting out in the crypto world and Ethereum is your preferred cryptocurrency, choosing the right wallet can be confusing because of the many factors to consider, not to mention a large number of Ethereum compatible wallets.
If you are currently on the hunt for the best Ethereum wallets, be sure to check out our list:
1. Ledger Nano S.
The Ledger Nano S is almost ubiquitous among serious Ethereum traders and is currently one of the best digital wallets for good reasons. Ledger Nano S is a hardware wallet that offers support for Ethereum and all types of ERC-20 tokens, as well as other cryptocurrencies (Bitcoin, Ripple, and Litecoin, to name a few) – all at a very affordable price.
The main selling point of this Ethereum wallet is the strong security it offers. Your cryptocurrencies are stored offline on the device. The Ledger Nano S includes 2-factor authentication, a secured PIN code and the accessibility of recovery seeds. Ledger Nano S also includes integrations with MyEtherWallet (another Ethereum wallet) for sending, receiving and storing tokens. It works on Windows, macOS, and Linux.
Just like Ledger Nano S, Trezor is also a hardware wallet that supports storage of Ether and all types of ERC-20 tokens. Although invented for holding Bitcoin, Trezor is one of the most popular Ethereum wallets today to use with the MyEtherWallet web interface. It offers support for Bitcoin (BTC), Bitcoin Cash (BTH), Litecoin (LTC), Dash (DASH), Dogecoin (DOGE), Ethereum Classic (ETC) and many other cryptos.
It has advanced security functions such as 2-factor authentication, SSH and encryption via GPG. It’s light, compact and comes in two colors: white and black. It is compatible with Windows, MacOS and Linux.
3. Tap Global
Tap is a cryptocurrency wallet and mobile application that allows users to store, buy and sell not only Ethereum (ETH) but also other digital assets in the market (such as Bitcoin and Litecoin among others). Users can easily exchange their coins for others and keep them safe from attackers and malicious parties.
One of the main advantages of the Tap app is the free prepaid Mastercard that allows you to spend your crypto and fiat anywhere in the world. With Tap, you can spend, send, manage and store your crypto and fiat currencies in a safe place, insure up to 100 million euros and keep them in your cold room.
Other perks include free fiat conversions up to £ 1,000, plus the ability to send money to friends for free and close deals in less than 3 seconds using Tap’s smart trade technology (which also helps you find the best price on the market -Time). The platform offers a seamless experience of using ETH (and other crypto) in your daily life.
Download to Apple iOS
Download to Android
KeepKey is a USB-enabled hardware wallet that offers the same functionality as the Ledger Nano S and Trezor. It’s the most expensive Ethereum hardware wallet on our list, likely due to its larger screen. One of the main highlights of this wallet is the ability to generate private keys using a hardware-based random number generator. Just like the other two, it has support for some of the most popular operating systems.
If you want a little more accessibility from your Ethereum wallets, it doesn’t get much better than MyEtherWallet. It’s the most popular web-based Ethereum wallet and allows you to log in on any device with just a username and password. As mentioned earlier, it offers integration with hardware wallets like the three above. Other notable features include smart contracts support, the ability to exchange between ETH and BTC, and the ability to store your Ethereum private keys on your computer, which offers better security compared to other wallets of this type.
Mist is the official Ethereum desktop wallet and provides secure storage for all of your ETH and all types of ERC-20 tokens. It’s fairly easy to download, install, and set up on your computer, and it’s also very easy to use, so it doesn’t require a lot of technical knowledge to operate. You have the option of accessing both public and private keys and performing transactions.
Exodus is another multi-currency desktop wallet that is very popular with the Ethereum community. Some of the main advantages of Exodus are the attractive user interface (with neat and beautiful pie charts for your portfolio), the built-in ShapeShift (useful for exchanging cryptocurrencies with little effort) and the fact that it supports dozens of popular cryptos like Bitcoin, Litecoin, Dash and Zcash and many more. Exodus is available for Windows, macOS, and Linux. One of the main disadvantages of Exodus is the fact that it doesn’t support smart contracts.
MetaMask is another popular choice among Ethereum fans. MetaMask is a cross-browser extension that provides instant access to the Ethereum network. It is available for Google Chrome, Mozilla Firefox, Opera and Brave. You can save, receive and send Ether as well as access dApps in the Ethereum ecosystem.
One of the main advantages of MetaMask is the fact that it can encrypt your passwords and store them on your computer, which can be very easily exported later. The wallet may seem intuitive to an advanced user, but the truth is that by its very nature, MetaMask takes some getting used to, especially for beginners.
Jaxx is best known for its popularity among iOS and Android users. However, if you want a browser that will work on most of your devices, Jaxx is definitely the right choice as it also has support for Windows, macOS, and Linux and is also available in the form of a Chrome extension.
It’s a multi-chain wallet that offers support for some of the most popular cryptocurrencies, such as: B. Ethereum, Ethereum Classic, Bitcoin, Dash, DAO, Litecoin, Bitcoin Cash, REP and more. It has a fairly user-friendly design, some very robust security features, and most importantly, it offers support for smart contracts.
Guarda is likely the lesser-known Ethereum wallet alternative from our list, but just like Jaxx, it offers support for all major operating systems, desktops, and mobile devices. It works on Windows, macOS and Linux, as well as on mobile platforms like iOS and Android. It even comes in the form of a web wallet.
It supports all types of ERC-20 tokens as well as Ethereum, Zcash, Ripple, Dash and EOS.
Guarda is also known for a specific security feature, namely that no client information, wallet data or private keys are stored. In fact, the private key is stored in the secure storage of your device and is automatically deleted when you log out of the wallet.
11. Lumi Wallet
The Lumi Crypto Wallet is a highly secure cryptocurrency and Ethereum wallet that allows users to store their private keys and manage their cryptocurrencies quickly and easily. The Lumi wallet in particular is perfect for Ethereum owners and investors, as it can handle not only ETH, but also more than 1200 ERC20 tokens.
The Lumi Wallet also offers support for Bitcoin (BTC), Bitcoin Cash (BCH) and EOS. This makes this wallet one of the most attractive for crypto and ETH holders. Currently, users can manage their money through the web version of the mobile wallet, which can be downloaded from the App Store or Google Play.
In addition, Lumi Collect allows you to process and store ERC-721 tokens, which are known as non-fungible tokens or also crypto collectibles. This is good for players who have to deal with goods from different games. All items can be viewed in the wallet so that users can play games directly on the mobile device.
While it might seem like there are many options, keep in mind that the Ethereum ecosystem is still a relatively new concept. As blockchain technology advances, Ethereum as a whole will also advance. There is a good chance that the future will bring a new wave of wallets with it. Until then, however, we hope you can find one here that perfectly suits your needs. Choose wisely.