Top 10 Best Ethereum Wallets

What is an Ethereum wallet?

Types of Ethereum (ETH) wallets

  • Multicurrency wallet
  • Single (ETH) currency wallet
  • Thin wallet when blockchain is not downloaded;
  • Thick wallet when the entire blockchain is loaded onto the PC, the data volume reaches hundreds of gigabytes. It is not always convenient, and the download speed leaves much to be desired. A thick crypto wallet is good, reliable, but it will not work for installation on a tablet, a laptop with a small amount of memory.
  • Hardware wallets are the most reliable and the safest Ethereum wallet of all. It is issued as a separate device, in which the private key is stored. The device issues a ready-made transaction, and attackers simply cannot get the private key. Even if the device is stolen, it will be impossible to use it without the personal presence of the owner;
  • A cold wallet for storing crypto coins is ranked second in terms of reliability. This is a separate program, it is installed on a PC and the keys are stored in it. In terms of reliability, it can be compared with hardware, but only if you have not performed a single transaction from it;
  • Hot or online wallets have the main drawback that the private key is not located on your PC, but on a remote server. The lack of binding to a specific PC is its advantage, you only need access to the Internet.
  • Another option for storing digital assets is directly on your account of some crypto exchange.

What to Look for in an Ethereum Wallet?

  • You always have to choose between maximum reliability and comfort.
  • If you only need to store one cryptocurrency, then the best choice is to use the development of the authors of the cryptocurrency;
  • If you need to store a lot of different electronic coins, take a look at third-party multicurrency solutions.
  • If we are talking about small amounts, and you often trade on the exchange, then the account of the crypto exchange is the best storage option. But it is still desirable to have a wallet for withdrawing digital money;
  • Be sure to read reviews from other users;
  • Comfort is also important. It is desirable that the appropriate language, ease of navigation and additional functions are supported, for example, the possibility of setting a commission manually is also taken into account.
  • Transparent terms of service. The user agreement should not contain hidden fees and other unpleasant points written in small print.

The difference between cold and hot wallets

Ethereum Hardware Wallets: Pros and Cons

  • Support for almost any type of wallet
  • Ability to connect to any OS, including IOS, Android.
  • Ease of use.
  • Most hardware wallets are vulnerable to a falsified recipient address. The wallet cannot determine if the address is fake.
  • Software and firmware errors are possible.
  • There is a high degree of compromise of a device during development, assembly or delivery.
  • High-quality crypto wallets are quite expensive. Their price depends on additional features and design.
  • Currently, there is not a single case of theft identified from such wallets.

Ethereum Desktop Wallets: Pros and Cons

  • High degree of secure storage (if the software is official);
  • Low cost.
  • Requirement for pro skills and great PC performance;
  • Long installation and synchronization process;
  • High risk of hacker attacks when the PC is connected to the Internet.
  • Requirement for constant save backups.

Ethereum Web Wallets: Pros and Cons

  • No need to download additional software;
  • Access from any device connected to the Internet.
  • using only trusted ISPs;
  • not connecting to public Wi-Fi access points;
  • not saving passwords;
  • prohibiting the use of Cookies;
  • clearing the cache after each session.

Ethereum iOS and Android Wallets: Pros and Cons

What is the best Ethereum wallet?

Trezor

Ledger Nano S

KeepKey

Coinomi

Coinbase

MyEtherWallet

Jaxx

TRUSTEE WALLET

  • It allows you to buy and sell cryptocurrencies from any Visa / MasterCard bank card, electronic payment systems Perfect Money, AdvCash and Payeer.
  • You can convert some cryptocurrencies to others directly in the application with the choice of the most profitable exchange provider.
  • It does not require verification, KYC / AML procedures and it is completely anonymous.
  • It has Cashback and a two-tier affiliate program.
  • It supports all popular cryptocurrencies and hundreds of different tokens.
  • It has a unique Trustee Booster Kit technology to speed up incoming and outgoing transactions in Bitcoin and Ethereum blockchains.

Ethereum Wallet by Freewallet

  • Logging into your profile via Facebook, email or Google +.
  • Replenishing the Ether balance by sending coins from wallets of other cryptocurrencies.
  • Tracking the price of Ethereum in real time (the cost will be displayed in the fiat currency of your choice).
  • Setting a pin code and Touch ID to log into your account.
  • Forwarding your public address via social networks (Twitter, Facebook).
  • Having a function responsible for sending a letter to e-mail, which will inform about changes in the balance or confirmed transactions.
  • Setting up two-factor authentication to properly protect your profile from unauthorized logins.

WallETH Ethereum Wallet

  • Ability to import private keys from other profiles.
  • Option to display profile balance in fiat currency (US dollars, euros). The value of digital assets on the account changes in real time depending on the current exchange rate.
  • The function of creating multiple accounts on one phone or tablet. Thus, you can better distribute funds and ensure yourself complete anonymity on the network.
  • Ability to conduct offline transactions. In this situation, the translation request is made online, and the signature is already placed offline.
  • Supports synchronization with the TREZOR hardware wallet.

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