Ethereum is second most popular cryptocurrency just after the first bitcoin cryptocurrency. Ether has been created since 2015, by Vitalik Buterin who is one of the renowned personalities in the cryptocurrency space.
Ethereum is an open source software on the blockchain platform with smart contract functionality, but we are going to talk about best ethereum wallet today.
Ethereum being almost as largest as Bitcoin market needs fully secured wallets to keep it from theft and hackers. The major purpose of having unique wallets ether is to access the DApp tokens that also comes with it.
Since the creation of Ethereum and its DApps, a lot of people have been using it to make money and huge profits, as they receive free token airdrops into their ethereum wallets.
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What is best ethereum wallet?
To my best knowledge, all secured cryptocurrency wallets need to have:
- Private keys – Wallets where you control your private keys
- Ease of use – Elegant user-interface for ease of usage
- Development community – Active development community
- Backup & security – Backup and restore features
- Compatibility – Compatible with different operating systems.
If a wallet doesn’t have any of these features listed above, your coins may be at risk, and you could give yourself a major headache.
When looking for wallets, make sure that the above requirements are met before you store your coins there. If you want to get hold of ETH Instantly.
In this post, i will show you only the best Ethereum wallets thoroughly reviewed by myself to safely store your DApps token as well as Ethereum base cryptocurrency. Now, let’s go jump into it already.
Ledger wallets are popularly tagged as the best best hardware wallet for ethereum. It’s said to be on the list of top Ethereum wallets in 2018. Ledger Nano S is highly popular amongst traders for storing Ethereum.
The best is that it supports major coins and many other all other major Altcoins. It uses mobile apps like Jaxx mobile wallet to control or access cryptocurrency holdings. The security is among the top-notch, as it includes the 2FA authorization, secured PIN and recovery seed pass-phrase.
It has a built-in OLED screen to check transactions details with just button double tapping.
Trezor was major created to keep Bitcoins initially, but later on, it was made to start supporting other cryptocurrencies of which Ethereum is among. It also supports ERC20 tokens such as ETC, LTC, DASH, ZCash, BCH and many other coins.
To control the ethereum stored in Trezor you’ll be needing MyEtherWallet web wallet which has feature for Trezor integration.
Trezor is also among the most secured offline cod storage wallets in market. It features a screen just like other hardware wallets, but this time, to review and revise transactions.
KeepKey is a USB hardware wallet device that allows you to store ethereum and other cryptocurrencies like Bitcoin and Litecoins etc. It was launched in 2015 with a hierarchical deterministic (HD) feature. This wallet can also generate unlimited number of private keys.
It bears an LCD screen from which you can use to keep track of your balances, recheck and/or confirm transactions. The setup process is very easy and simple. You can also use Google chrome extension to stay connected to the wallet.
This is one of the best Ethereum web wallets. It allows you to store Ether private key on your personal computer rather than a third-party server, and this is intended to increase the security of your coins and DApps compared to all other online wallets.
MyEtherWallet also has a feature of writing and accessing the smart contracts. You can even integrate any hardware wallet like Trezor and Ledger Nano S.
One of the yet another feature of this wallet is the in-built ability feature to convert ETH to BTC, supporting Ethereum Classic and other ERC20 tokens on the platform. Thus, they are known as one of the best wallets for ERC20 DApps.
MetaMask is a popular Google Chrome browser extension, it’s secured and easy to access type of Ethereum coin wallet which allows you to store Ether and also access DApps and other tokens. You don’t need any registration of any sort to start using this wallet.
Recommended reading: how to add or send ETH DApp tokens to MetaMask using etherscan
Metamask wallet was created with the intension to make it easy to access ETH cryptocurrency as fast as possible on your computer screen. MetaMask browser extension wallet is available on Chrome, Firefox, Opera and Brave Browser.
6. Mist (Official Ethereum Wallet)
Mist is popularly known as the official cryptocurrency coin open source wallet for storing ethereum and ERC20 tokens. It is developed by the same team that created ethereum, and it promised to be one of the most secured ethereum desktop wallets.
The sign up process is very fast as well as easy as you don’t need to provide any personal information or identity. This actually made it one of the first cryptocurrency wallets for ethereum that maintains user anonymity.
This is a PC only supported cryptocurrency wallet that is good to store your ethereum coins. Exodus only has support for popular coins like; Ethereum, Bitcoin, Litecoin, Zcash and Dash.
Exodus is the best multi-currency wallet for new investors in the cryptocurrency world. It’s also categorized as one of the best ethereum software wallet.
The interface is well designed with enough features to get you started.
Jaxx wallet is created in the year, 2014. It is focused to simplify the blockchain and attract to its uniqueness. Jaxx is a multi-cryptocurrency wallet which has support for only stable cryptocurrencies.
Jaxx is one of the best ethereum wallet android, and IOS, for keeping ehtereum cryptocurrency investments. It gives you full control of your private keys and the 12-word pass-phrase.
This wallet also has high compatibility for multiple platforms, meaning that it can be used on phones and personal computers. ShapeShift is fully integrated into it for faster conversion of cryptocurrencies.
This is actually one of the best multi-cryptocurrency wallets in the market currently. Recently, they made it available to chrome users as an extension just like that of MetaMask.
The best ethereum paper wallets for storing ethereum cryptocurrency. It allows you to create an ethereum account with your 12-words private and public keys printed on a paper. It’s kind of fast and secured, but it’s also the very cheap cold storage wallets in the market.
Ethaddress is good for generating multiple ethereum wallet addresses. You simply need to get the source code from gitHub repo. Open the index.html file and there you can get to generate address from the HTML page.
10. Bread Wallet
BRD (Bread Wallet) is a cryptocurrency wallet for both IOS and Android users. It supports major coins like; Bitcoin, Ethereum, Bitcoin Cash and ERC20 tokens.
It connects directly to the cryptocurrency network. The private keys to the wallet are stored in the phone.
BRD provides you with a 12-words unique paper key which can be used to recreate or retrieve your cryptocurrencies in case of lose.
Coinomi wallet is a multi-cryptocurrency wallet that is very fast and convinient to use. The app can store many kinds of tokens alongside the major coins like BTC, ETH, BCH, ETC and upto 200 more.
This is also an HD wallet that gives you total control to your private keys, which you can use at any time to retrieve your funds.
The wallet doesn’t need your identity during sign-up. It also has ShapeShift features integrated in it for exchange of cryptocurrencies faster.
Which ethereum wallet is best?
Though you can safely store ethereum with any of the wallets listed above, but for me, i will suggest, or recommend using a cold storage hardware wallet device like Ledger Nano S, or even the Trezor to avoid loosing your ETH DApps and cryptocurrency to theft in case of hack attack.
They popular used by the prominent crypto traders to fully secure their crypto investments.
Try to also hide your footprints of cryptocurrency transactions by using VPNs to anonymize your IPs, so hackers cannot be able to trace or redirect your transaction IDs.
If you want to buy any amount of Ethereum crypto coins, check out Changelly exchange. They accept credit or debit card, and they sell cryptocurrencies at the best cheapest rate and delivers instantly.