It seems like Ethereum became as popular as the first cryptocurrency because of the DeFi boom last year. More and more users seek to find the best place to store their Ethereum coins and ERC-20 tokens. We’re here to help you search for a suitable wallet to keep your cryptocurrency safe and sound.
How to Choose Ethereum Wallet
If you consider Ether wallets in terms of security, you need to pay attention to the following parameters:
Where are private keys stored, and who has access to them? Private keys should only be on your side, and they should never be transmitted to the platform servers or anywhere else.
Development team. Who is in charge of the particular product, what is the team’s reputation? Can you trust them? You can find the answers to these questions on forums and sites like GitHub.
Data recovery. Many wallets offer the ability to recover data if money was lost. This is a perfect feature that will help to guarantee security.
You should also consider the primary goal of your cryptocurrency assets. If you want to trade the ETH coins, you can store them right on the exchange account. If you’re going to pay with it and have quick access to the assets, use mobile or desktop wallets. If you would like to hodl a big part of Ethereum, please, consider the hardware or paper wallet since it doesn’t have internet access.
The Best Ethereum Wallets Available
How did we select the 19 best wallets for Ethereum? We focused on the openness of the product resources, the team, the quality of the wallet, as well as the quality of the support. Let’s make a reservation that in each wallet, you can find certain nuances, but in general, here are our 19 favorites:
Without further ado, let’s take a look at each of them.
1. Trezor One
Trezor is a hardware wallet that allows you to store Ether and all types of ERC-20 tokens. Even though it was created to store Bitcoins, now Trezor is one of the most popular Ethereum wallets that can be used with the MyEtherWallet web interface.
The device supports Bitcoin (BTC), BCash (BCH), Litecoin (LTC), Dash (DASH), Dogecoin (DOGE), Ethereum Classic (ETC), and other digital currencies. The wallet includes advanced security features, such as two-factor authentication, SSH, and GPG encryption. Trezor is lightweight, compact, comes in two colors – silver and black. It is compatible with Windows, macOS, and Linux.
Infinito Wallet is a mobile multi-wallet, which allows storing all the ERC-20. Infinito wallet appeared on December 8, 2017, with the support of three cryptocurrencies (including Ether) and several ERC-20 tokens.
The Infinito Wallet advantages include its ease of use, sleek design, an extensive list of supported coins, speed of transactions, and multilingualism. The wallet has a 12-word passphrase to secure your assets. Infinito has some more features than only storing your crypto. It allows you to buy BTC, ETH, LTC, ATOM, BNB, TRX, EOS, USDT, BCH, XLM with a bank card or PayPal instantly, trade cryptocurrencies right in your wallet, and Earn APY via staking or lending on your BTC, ETH, USDT, ADA, ATOM, ONT, QTUM, XTZ.
Supported assets: BTC, ETH, EOS, ADA, XLM, TRON, USDT, BCH, LTC, DASH, ETC, NEO, GAS, DOGE, ONT, ONG, BNB, TOMO, ATOM and more than 2,000 tokens including ERC-20, NEO NEP-5 & NEO Global Asset, EOS tokens, BEP2, TRC10, TRC20, etc.
Available Platforms: iOS, Android, or .apk.
Wallet Type: Hot
Trustpilot Score: 2.9
Launch Year: 2017
Fees: Transaction fees are paid to miners of the blockchain, not Infinito Wallet.
Edge is a mobile wallet for Android and iOS devices. The wallet supports receiving, sending, storing, selling, and making exchanges between several different cryptocurrencies, as well as ERC20 tokens. The wallet is secured with a PIN and Touch ID. It’s easy to backup the wallet with only a username and a password. The private key is stored on the users’ side.
The Edge team pays great attention to the user experience in their wallet. The process of creating a new account and using the wallet takes only a minute. You only need a username, password, and contact.
Argent is a modern mobile wallet for Ethereum and ERC-20 tokens which is focusing on DeFi projects. This wallet is non-custodial, and the account can be recovered with an email address, mobile number, or the special safe system called Guardians.
Guardian may be referred to as a person – friend or family member with the downloaded app, a device – hardware wallet, or a third-party service – Agent Guard with 2-factor authentication. In case you lost your password, you can recover the wallet: install it on your new device, enter your username, and contact your Guardians in 36 hours. In this time period, the Guardians should click the recovery button, and voila! By the way, the number of Guardians is not limited. Looks kind of safe!
Argent wallet allows you to store, buy, and exchange coins right in the app. You can buy crypto instantly with Apple Pay, card, or bank transfer. The app gives an opportunity to earn interest on Ethereum since it has got a partnership with the Compound platform. All in all, the wallet is very exciting and contemporary.
Supported assets: Ethereum, ERC-20 Tokens, including DAI, MKR, BAT, and Wrapped Bitcoin.
Exodus Wallet is a multi-currency desktop wallet that is suitable for storing Ethereum. It is a cross-platform application – you can use it both on your computer and mobile phone. Today, Exodus supports more than a hundred different cryptocurrencies. Also, it has an intuitive user interface and a built-in exchanger, with which you can swap one currency to another.
Exodus wallet always stores private keys on the user’s PC and never transfers them to the network. The wallet requires a permanent Internet connection, and this makes it more vulnerable compared to hardware solutions.
If you operate with different currencies and continuously need to make transactions, Exodus is an excellent option. If you store a large amount of money in one coin, it is better to look at the side of hardware wallets.
Jaxx is known for its popularity among iOS and Android users; it is compatible with Windows, macOS, Linux, and Chrome. Jaxx Liberty has a built-in Changelly exchanger, which helps to swap crypto assets right in the app. The wallet allows users to track the assets’ price changes and get notifications. Moreover, you can follow the cryptocurrency and blockchain news.
The wallet supports the most popular cryptocurrencies such as Ethereum, Ethereum Classic, Bitcoin, Dash, DAO, Litecoin, BCash, REP, and others. It has a convenient design and a high level of security. The app does not require any personal info and login credentials.
Supported assets: BTC, LTC, BCH, ETH, DASH, ZEC, DOGE, BNB, HB, OMG, MCO, NEO, and more.
Available Platforms: Desktop (Windows, Mac, Linux), mobile (Android, iOS), Google Chrome extension.
Wallet Type: Hot
Trustpilot Score: 2.3
Launch Year: 2016
Fees: Jaxx provides three custom fee options – from slow to high fees for faster transactions.
Metamask is a wallet made as an extension for the browsers Chrome, Firefox, Opera. This Ethereum wallet is one of the most convenient, easy, and safe. In addition, it can unlock all kinds of online wallets. Besides, Metamask allows you to run and interact with decentralized applications in the Ethereum blockchain (e.g., Compound, Maker, Uniswap, etc.) without installing a full node. This is more than just a wallet. It allows you to store, buy, send, and exchange coins.
The Metamask application stores private keys in an encrypted form in the browser and does not transfer them to its servers. It also regularly updates the database of phishing and malicious sites and will warn you if you visit a site from this database. The Metamask team is opened in names and photographs – so you can rely on it.
Supported assets: Ethereum and ERC-20 Tokens
Available Platforms: Chrome, Firefox, Opera extension
MyEtherWallet is the world’s most famous online wallet for storing Ethereum and its tokens. It is a web service in your browser for accessing the Ethereum blockchain. You do not need to download and install anything on your PC. You can access your wallet from any computer that is connected to the Internet. This is undoubtedly a very convenient feature, but it’s vulnerable.
The wallet is free, open-source, and easy-to-use. It also has its official app called MEW Wallet, which is available for both iOS and Android. It gives you access to the storing, buying, and exchanging Ethereum and its tokens. MEW has a partnership with Bity, Kyber Network, Changelly, and Simplex and allows users to swap fiat to crypto, ETH and BTC, ETH and ERC20.
Private keys and passwords for accessing the wallet are transmitted to the site. Fraudsters can access them, misleading inexperienced users. This is the drawback of all online wallets. However, MEW does not offer support to recover or reset passwords/private keys.
There are plugins and extensions to the browser that allows you not to transfer private keys to the Internet. These plugins can be used for authorization in the MyEtherWallet wallet. Besides, you can unlock the wallet using a hardware device such as Ledger. MEW offers support for all major hardware wallets, including Ledger, Trezor, and many more.
Coinbase is a hot wallet that supports Ethereum cryptocurrency. To start using the wallet, you should sign up on the Coinbase website. The service requires your email address and some personal information. Then you will get the public address to which you can transfer your Ethereum coins. The main drawback is that the private key is not in your control, but it is stored on Coinbase’s hosted server.
Supported assets: BTC, BCH, ETH, ETC, LTC, and ERC-20 tokens. Moreover, you can store ERC-721 collectibles.
Freewallet is a multi-cryptocurrency web and mobile wallet with a user-friendly interface. The mobile wallet is available both for iOS and Android. You can store Ethereum coins as well as 30+ other available ones (e.g., BTC, DGB, DOGE, XLM, XMR, etc.)
The most enjoyable part is free transfers between Freewallet users. The wallet is secured by two-factor authentication and pin-code. You can also add your fingerprint on your phone to keep your assets safe.
The wallet includes exchange and purchase functions. It’s easy to buy cryptocurrency with a credit card and exchange your coins. You don’t need to fill in your wallet address; the app will do everything for you.
Lumi is a mobile and web wallet available for iOS and Android. With the wallet, users can store and buy Bitcoins, Ethereum, Bitcoin Cash, EOS, ERC-20 tokens, and other cryptocurrencies. Lumi is a safe and convenient solution for cryptocurrency market professionals and beginners. The service does not require registration with the obligatory entry of personal data and is completely anonymous. Customers can buy cryptocurrency easily with their credit cards.
Lumi wallet is all about security. You can protect your wallet with a PIN and Touch or FaceID. A 12-word backup phrase can recover your funds in case you forgot your password. Lumi provides the safest way to store your Ethereum coins as well as other supported coins. The company takes the protection of customer information seriously. Private keys are stored exclusively on the user’s device.
Supported assets: Bitcoin, Ethereum, Bitcoin Cash, EOS, and the most popular ERC-20 tokens
KeepKey is a USB-enabled hardware wallet that has features similar to the Ledger Nano S and Trezor. This is the most expensive hardware wallet on our list, probably because of its large screen. One of the features of this wallet is the ability to generate private keys using a random number generator. Like the other two, it supports the most popular operating systems.
KeepKey generates and manages your private keys in the cold storage, so no one can see or transfer them. This method also saves the device from viruses and attackers. The wallet generates a 12-word seed phrase that will help you in case you need a recovery. As we have already mentioned, the wallet has a big screen, which makes the experience sleek. One more function is an integrated exchange platform.
Supported assets: Bitcoin, Bitcoin Cash, Bitcoin Gold (in the KeepKey Client), DASH, Dogecoin, Ethereum, Litecoin, DigiByte, and ERC-20 Tokens
Coinomi wallet was created back in 2014. Besides storing cryptocurrencies, users can exchange and buy more than a thousand coins right in the app. The support is round-the-clock, and there is a multilingual interface. The wallet guarantees a high level of security and ease of use. To create storage, download the application, and install it on your smartphone.
The wallet does not charge any fees – all the commissions are paid right to the miners. Your holdings are secured by one strong passphrase that you can back-up once.
Ledger Nano X is Ledger’s newest hardware wallet. The Ledger Nano X is a Bluetooth crypto wallet that keeps your private keys safe. 2 buttons, 1 transaction confirmation screen, a protected certified digital chip, BOLOS operating system, Bluetooth, and a Ledger Live support on PC, Android smartphones, and iPhone.
Nano X connects to iOS devices, while Nano S only works with desktop PCs and Android. Ledger Nano X can install up to 100 applications at a time. The wallet supports 1100+ different crypto assets.
15. Ledger Nano S
Ledger Nano S is one of the best and the most popular hardware digital wallets. The wallet supports Ethereum, all ERC-20 tokens, and cryptocurrencies, such as Bitcoin, Ripple, and Litecoin. Moreover, the device has a relatively competitive price.
The main advantage of this wallet is security because cryptocurrencies are stored on a device that works offline. Ledger Nano S contains two-factor authentication, protected by a PIN code and codewords for recovery. Ledger Nano S can be connected to MyEtherWallet, so it allows you to send, receive, and store your coins and tokens. It is compatible with Windows, macOS, and Linux.
The information below is applicable to both X and S models.
BC Vault hardware wallets have been empowered with Changelly’s premier swapping solution, providing access to instant crypto-to-crypto exchanges of over 100 available digital assets. BC Vault One supports over 2,000 concurrent wallets to be used at the same time.
From now on, all existing and future BC Vault cold wallet owners will be able to enjoy instant transactions at fixed and floating rates. It shouldn’t take more than 10 minutes for crypto to arrive in the wallet of your choice. By the way, we’ve made up an ultimate guide on how to use the BC Vault wallet.
Supported assets: Bitcoin, Ethereum, Bitcoin Cash, EOS, and the most popular ERC20 tokens
BRD wallet is a mobile multi-currency wallet created in 2015. The wallet allows users to store, buy, and exchange Bitcoin, Ethereum, and many ERC-20 tokens, so it’s possible to invest in your favorite smart contract and DeFi projects. The main goal of the project is to make an easy-to-use cryptocurrency wallet that would be suitable both for novices and professionals.
The app is fully decentralized, so it does not require any login or personal information. The wallet connects right to the blockchain using the 12-words key. If a user faces any issues, he/she can contact the 24-hour support team or try to find the answers to arisen questions in the built-in knowledge base.
Supported assets: Bitcoin, Ethereum, Bitcoin Cash, and ERC20 tokens
Enjin Wallet is a mobile cryptocurrency wallet designed to store top-end virtual assets and also digital currencies that have huge growth potential in the future. The wallet was registered in Singapore. Enjin Wallet is available for Android and iOS users. Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), ERC-20, ERC-721, and ERC-1155 tokens are available for storage. You can also swap cryptocurrencies in the integrated Changelly exchange.
Private keys are controlled by the user and do not leave the device. The product uses the Enjin Secure Keyboard and two levels of encryption. The wallet also has a 12-word passphrase backup function, so it means that the app requires no sign-ups. The interface is convenient and intuitive.
Considering the storage for Ethereum, it is worth mentioning the paper wallets generated on special online services and then printed on a regular sheet of paper. To create a repository, you can use the EthAddress project, which is a wallet generator. Why is the paper wallet so popular among crypto investors?
They are easy to use. Creating a paper wallet does not require much effort or technical knowledge. A few simple steps will greatly secure your coins. Using hardware wallets is much more complicated.
They are autonomous. Such a wallet is not available online for hackers and scammers, so it lies in your locker. Your currency is presented as a piece of paper on which keys are printed. Such a wallet is like an expensive cash receipt, with which you can use the funds or transfer them to anyone.
No hardware issues. Paper wallets are more secure than hardware wallets that can be damaged and may have software malfunctions. A paper wallet is the easiest form of cryptocurrency storage.
Easy to pass on to someone close. If something happens to the cryptocurrency owner, then his relatives are unlikely to have access to his exchange or hardware wallets. However, a paper wallet can easily be stored as valuable assets in its locker or physical space.
We have selected the 19 best (in our opinion) wallets for storing Ethereum and ERC tokens. We would like to draw your attention to the fact that the choice of a wallet is your personal decision. Our text carries a recommendation message. We are just introducing you to the world of cryptocurrencies, in which there are various problems and criminal activity. At Changelly, we strive to prevent any illegal activity or distribution of personal information. Research carefully the product you choose before using it.