EOS cryptocurrency stands firmly in the list of top cryptos ranked by market capitalization. Being a worthy investment instrument, EOS aims to bring decentralization to masses by providing blockchain-based social networks like Voice or enabling the community to govern the network in an open and transparent manner. The EOS state even has its own constitution while the spirit of libertarianism is not an empty promise within the community.
If you decide to buy EOS in order to enhance your crypto portfolio, then you probably think about a safe place to store the cryptocurrency. We’ve gathered 13 digital wallets to store EOS in 2021, so you can choose the one that suits you best. Here we go.
EOS wallet is a place to store EOS coins. There are several types of wallets that can be a safe option for EOS storage.
Basically, a hot wallet is a software program that allows you to keep crypto coins in one place. A hot wallet can also be referred to as either custodial or non-custodial wallet. The former means that a particular crypto wallet stores users’ funds (read: private keys) on its servers. On the contrary, a non-custodial hot wallet does not keep users’ private keys and enables customers to be fully in charge of them.
Most of the time, a hot wallet is a free solution to store cryptocurrency. They come as mobile, online, and desktop wallets.
Generally, a cold wallet is considered to be a more secure way to store crypto assets since it does not require an Internet connection. Cold wallets are non-custodial so that users are responsible for the safety of their private keys and funds. Cold wallets come in the form of portable devices (Trezor, Ledger Nano, BC Vault) which means users have to spend some money in order to buy a physical device.
How to Create EOS Account Names?
To interact with the EOS ecosystem, one should obtain an EOS account. This might scare off some newcomers, yet the number of EOS followers keeps growing.
At the dawn of the EOS network, it was quite a challenging task to create an account within the system. However, as time went by, EOS enthusiasts and dedicated block producers introduced user-friendly services and applications for the EOS account’s fast and convenient creation. Please note that EOS accounts are not always free.
What is an EOS account? The team behind EOSX block explorer and EOS tools provides the following definition:
An EOS account is a readable name that is stored in the EOS blockchain and connected to your keys. An EOS account is required for performing actions on the EOS platform, such as sending/receiving tokens, voting, and staking.
Services that might help you to create an EOS account are EOSX, EOS Start, EOS Account Creator, EOS Authority, and many more. Some wallets like Lumi, Freewallet, and others enable EOS account creation for free. Please do not forget to do your own research, before choosing the platform for EOS account creation.
EOS Authority Wallet
EOS Authority wallet is a hot wallet created by one of the leading EOS block producers. EOS Authority BP has a decent reputation and trust within the EOS community. Besides secure EOS wallet, EOS Authority provides a range of vital tools for EOS users like block explorer, BP statistics and charts, voting platform, etc.
Users can store and manage EOS cryptocurrency as well as other EOS-based tokens. The wallet suits EOS enthusiasts since it is tailored to active participants of the EOS ecosystem. The platform also allows for the swift creation of an EOS account.
Wombat is a multi-chain EOS and Telos wallet that allows you to store over 50 tokens based on an EOS distributed ledger. Wombat perfectly suits crypto newcomers that want to explore the world of EOS as the team behind the projects prepared multiple guides and tutorials.
The wallet allows you to interact with decentralized applications seamlessly while having control over your private keys and EOS assets. Wombat has a native UX/UI and can be downloaded on your mobile devices (iOS, Android). The wallet is also available in the form of a Google Chrome extension that is perfect for those who are constantly using dApps.
Wombat enables crypto transfers that do not require staking. It offers flexible buying options for users’ convenience.
Ledger Nano S is a perfect place to keep EOS in a cold and secure way. Besides providing a safe and stylish storing option for over 1,500 tokens and 27 coins, Ledger Nano S also enables swift crypto purchase within its applications.
The design is plain while the user experience and interface are intuitive. Users can also sell, exchange, lend and stake EOS and a wide variety of other digital assets via laptop or PC. As for security, you are the only owner of your private keys which are protected in an advanced Ledger chip.
Several years ago, Ledger launched the next-generation hardware wallet Ledger Nano X with enhanced functionality.
In addition to the Nano S model’s core features like crypto purchase, exchange, staking and lending, Ledger Nano X has more capacity, which allows you to install up to 100 applications. Moreover, the device has a larger screen, 2-factor authentication (2fa), and Bluetooth connection.
Ledger Nano X might become a perfect EOS storage solution if you want to manage your cryptocurrency in a safe and secure way.
MyEOS wallet is another EOS and the EOS network’s respective tokens storage solution that provides enhanced functionality to dedicated EOS users. Besides smooth EOS transfers, one can enjoy voting, producer reward claims, air grabs, etc.
MyEOS wallet collaborates with hardware wallets like Ledger, which means users can easily manage EOS coins while keeping them in cold storage.
Please note, that MyEOS wallet requires a Scatter desktop application which means a user has to take extra steps in order to get the wallet. Perhaps, MyEOS wallet suits advanced users and devoted EOS enthusiasts.
We often mention the Exodus multicurrency wallet in our lists. However, it is fair to say that Exodus earned it by right. Besides providing fast and flawless storage for over 100 cryptocurrencies for iOS and Android devices (mobile phones and tablets), Exodus introduces a desktop version of its wallet compatible with macOS, Windows, and Linux. Together with intuitive design and user experience, Exodus might be a perfect storage solution for those who have just started his/her crypto journey.
Yet, we kindly remind you that before getting into any crypto-related project, it is vital to do your own research (DYOR) to exclude any negative experience. Exodus commission fees might seem quite high, so don’t forget to check whether you are ok with it.
Another mobile digital wallet EOS wallet is Lumi. Despite being a place to store over 1,000 crypto assets, it is also a mono wallet for EOS coin. There is no registration or KYC procedure required. The application allows you to store and manage EOS security. Access to the wallet can be restored only with a 12-word mnemonic phrase while private keys are under users’ total control.
The application is available to iOS and Android users and can be found in the App Store and Google Play accordingly.
New name but same (or even better) functionality. Anchor is a mobile and desktop EOS wallet that enables users to seamlessly interact with EOSIO-based decentralized applications (dApps) and store EOS coin.
Anchor is an open-source and multi-chain wallet that also allows you to manage other EOS-based tokens while tracking them in real-time.
As of January 2021, Anchor is compatible with macOS, Windows, and Linux and can be downloaded on iOS devices. Please pay close attention that it is not available on Android yet.
SimplEOS wallet is a project developed by an important EOS player and block producer, EOS Rio. EOS Rio’s team has been providing vital proposals and features to the community for several years now.
SimplEOS is a digital wallet designed specifically for EOS coin and EOS-based tokens. Since the EOS ecosystem is driven by the philosophy of transparency, trust and open source technology, SimplEOS offers a digital wallet dedicated to EOS and its community. The wallet is designed for desktop usage and available for the leading operating systems (macOS, Windows, Linux).
Scatter is a leading provider of blockchain technology, according to Scatter itself. Scatter EOS wallet used to be known as a MetaMask of the EOS ecosystem. However, the team behind the project decided to reject the web extension for security reasons. Instead, they introduced a secure desktop version of the EOS wallet.
Scatter allows users to interact with dApps and manage EOS coins along with EOS-based tokens with ease.
A multicurrency wallet imToken allows you to store and manage main cryptocurrencies like BTC, ETH, EOS, a range of stablecoins and other altcoins. One of the main advantages of imToken is that the wallet provides access to a vital feature of particular coins. Hence, it supports EOS resource management and enables EOS staking within the app.
As for security, imToken wallet claims to cooperate with SlowMist, Cure53, and other solid security companies. Also, imToken partners with the leading hardware wallets, which adds extra points to the safety of the wallet.
Being a mobile wallet, imToken wallet is available for iOS and Android devices.
EOS paper wallet might be one of the best options to store EOS. EOS paper wallet is a cold storage solution that does not keep your private keys on any server. At its core, a paper wallet is a piece of paper with written or printed private and public keys on it. Despite such a wallet’s simplicity and security, one should pay attention to some basic safety rules.
Before generating private and public keys, don’t forget to scan your computer to check its health. Malware programs can expose your keys to a third party;
Once keys are printed, delete the browser history and data provided to a printer;
Store your paper wallet in a safe and dry place. Some people prefer to laminate a cryptocurrency paper wallet to extend its working condition.
Freewallet provides a family of digital wallets for secure cryptocurrency storage. EOS Freewallet is a mobile digital wallet to send, receive, and track EOS coins. The mobile app is simple and easy to use so that the wallet will suit both crypto novices and more experienced users. With an opportunity to manage EOS coins on the go, one can constantly stay updated on the slightest market movements regarding EOS coin and other cryptocurrencies.