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Best Ethereum wallets in 2020-21

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Ethereum (ETH) cryptocurrency is the second-largest cryptocurrency after Bitcoin. It is very popular and is often used by investors from all over the world. This widespread use has led to the emergence of many different wallets for storing ether. This provides opportunities for hackers to steal funds from inexperienced users (see below for more information). So, how to store Ether safely, and which Ethereum wallet is considered the best?

Providing clear advice on the Ethereum wallet in a better position is a difficult task. Everyone should focus on the goals and functions of cryptocurrency use. Let us see which Ethereum (ETH) cryptocurrency wallet you can interact with behind crypto!

How to choose an Ethereum wallet

To choose an ether wallet that suits your goals, you need a basic understanding of blockchain principles and cryptocurrency storage. There are four types of wallets:

  • Hardware wallet. This is a USB device that stores your private key in encrypted form. Such wallets are considered one of the safest wallets.
  • Desktop (application). This is an application that has been downloaded and installed on your PC or smartphone. The wallet can only be accessed from this device.
  • Online (web wallet). This is a wallet website. It can be accessed from any device connected to the network.
  • Paper wallet. In fact, this is just a piece of paper with your private key on it. This method has a critical loophole: if the carrier with the key is lost, access to the wallet cannot be restored.
  • If you consider the Ethereum wallet from a security perspective, you need to pay attention to the following parameters:
  • Where are the private key stored and who can access them. You should keep the private key in a safe place at all times and never transfer it to the platform server or anywhere else.
  • Development team. What kind of people are they, what is their reputation, and are they trustworthy? These questions can be answered on forums and websites such as GitHub.
  • The ability to recover data. If money is lost, many wallets can recover the data. This is a complete feature that helps ensure safety.

The best Ethereum wallet

This is our ultimate list of the best wallets for Ethereum cryptocurrency. You can choose anyone you like: mobile, desktop, internet or hardware wallet.

1. Exodus wallet

Exodus Wallet is the first multi-currency desktop wallet suitable for storing Ethereum. It is a cross-platform PC application. Today, Exodus supports about 90 different cryptocurrencies, which is a huge advantage. In addition, it also has an excellent intuitive user interface and a built-in ShapeShift converter, which you can use to convert one currency to another.

The Exodus wallet always stores the private key on the user’s PC and never transfers it to the network. But it should be said that the wallet requires a permanent network connection, and it is more vulnerable to attacks than hardware solutions.

If you use different currencies to trade and you continue to need to trade, then Exodus is a good choice. If you need to store a large number of tokens, it is best to consider a hardware wallet.

  • Supported assets: Bitcoin, Ethereum, Ripple, Bitcoin Cash, TEDA, Litecoin, Binance Coin, Grapefruit, Bitcoin SV, Tron, Stellar, Monero, LEO, LINK, YI Coin, Dash Coin, Astro Boy Coin, XTZ Coin, Ethereum Classic Coin, Ontology Coin, MKR Coin, New Economic Coin, Attention Coin, etc.
  • Available platforms: desktop (Windows, Mac, Linux), mobile devices (iOS, Android).
  • Wallet type: hot wallet
  • Launch year: 2016
  • Official website: https://www.exodus.io/

2. Coinomi

The Coinomi wallet was created in 2014. Over the years, it has never been hacked, which confirms its reliability. You can exchange cryptocurrency inside the store, provide 24/7 support, and have a multilingual interface. In addition, the wallet guarantees a high degree of security and ease of use. To create storage, download the app and install it on your smartphone.

  • Supported assets: Bitcoin, Ethereum, Ethereum Classic, Binance Coin, Bitcoin Cash, Bitcoin Gold, Bitcoin SV, BTT Coin, DAI Coin, Dash, Gitecoin, Dogecoin, Enjin Coin, Litecoin, Ripple, New Economic, Monero, TEDA, Tron, etc.
  • Available platforms: desktop (Windows, Mac, Linux), mobile devices (iOS, Android).
  • Wallet type: hot wallet
  • Release year: 2015
  • Official website: https://www.coinomi.com/en/

3. MyEtherWallet

MyEtherWallet is the world’s most famous online wallet for storing Ethereum and its tokens. This is a web service for accessing the Ethereum blockchain. You only need a browser. You do not need to download and install any software on your PC. You can access the wallet from any computer connected to the network.

Undoubtedly, this is a very convenient feature, but with this convenience, there is another unpopular option-facing the vulnerability of hackers.

The private keys and passwords used to access the wallet are transmitted to the site and fraudsters can access them, thereby misleading inexperienced users. This is called phishing.

The browser has some plug-ins and extensions that prevent you from transferring your private key to the Internet. These plugins can be used for authorization in the MyEtherWallet wallet, we will discuss them later. In addition, you can use devices such as Ledger to unlock the wallet. Now, please remember this wallet because it is both fashionable and new

  • Supported assets: Ethereum and ERC-20 tokens
  • Available platforms: mobile (iOS, Android).
  • Wallet type: hot wallet
  • Release year: 2015
  • Official website: https://www.myetherwallet.com/

4. Enjin

Enjin is a mobile cryptocurrency wallet designed to store high-end virtual assets and digital currencies with huge growth potential in the future. Available for Bitcoin, Litecoin, Ethereum, Enjin Coin and ERC-20 tokens.

The wallet is registered in Singapore. En Money Bag is suitable for Android and iOS users.

The private key is controlled by the user and will not leave the device. This product uses an Enjin security keyboard with two encryption levels. The wallet also has a 12-word password backup function. Support HD. The interface is convenient and intuitive. All in all, En Money Bag is very user-friendly.

  • Supported assets: Bitcoin, Litecoin, Ethereum, Enjin coins, and ERC-20 tokens
  • Available platforms: mobile (iOS, Android).
  • Wallet type: hot wallet
  • Release year: 2018
  • Official website: https://enjin.io/products/wallet

5. Ledger Nano S

Every serious Ethereum trader needs Ledger Nano S because it is one of the best digital wallets. Ledger Nano S is a hardware wallet that provides support for Ethereum, all ERC-20 tokens, and cryptocurrencies (such as Bitcoin, Ripple, and Litecoin). Moreover, the equipment has a very competitive price.

The main advantage of this wallet is security because the cryptocurrency is stored on a device that works offline. Ledger Nano S includes two-factor authentication and is protected by a PIN code and code word for recovery. Ledger Nano S is integrated with MyEtherWallet, so you can send, receive, and store tokens. It is also compatible with Windows, macOS, and Linux.

6. Ledger Nano X

Ledger Nano X is Ledger’s latest hardware wallet. Ledger Nano X is a Bluetooth encrypted wallet that can ensure the security of your private key. 2 buttons, 1 transaction confirmation screen, protected certified digital chip, operating system: BOLOS on PC, Android smartphone and iPhone, Bluetooth and Ledger Live support, can be connected to iOS devices, and Nano S is only applicable For desktop and Android. Ledger Nano X can install up to 100 applications at a time. The wallet supports 1,100 different crypto assets.

  • Supported assets: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, TEDA, Binance, Grapefruit, Stellar, Cardano, Monero, Tron, Huobi, Dash Coin, LEO coin, Ether Classic coin, IOTA, XTZ coin, LINK coin, Antcoin, MKR coin, Ontology coin, CRO coin, Zcoin, Dogecoin, DXN coin, Attention coin, Quantum chain, TUSD coin, NANO coin, wave coin, very special coin, NEXO coin, Bancor coin, etc.
  • Available platforms: Windows, Mac, Linux.
  • Wallet type: cold wallet
  • Release year: 2014
  • Official website: https://www.ledger.com/

7. Infinito wallet

Infinito wallet is a mobile multi-currency wallet that can store all ERC-20. Infinito Wallet appeared on December 8, 2017, supporting 3 cryptocurrencies (including Ethereum) and several ERC-20 tokens.

The advantages of the Infinito wallet include ease of use, stylish design, a wide variety of supported currencies, transaction speed, and the use of multiple languages. The wallet has a 12-word passphrase to protect your assets.

  • Supported assets: Bitcoin, Ethereum, Stellar, Ethereum Classic, Bitcoin Cash, Antcoin, Litecoin, Cardano, Dash, Grapecoin, Dogecoin, Ontology Coin, Binance Coin, ERC20 tokens, Ethereum classic tokens, grapefruit tokens, NEP-5 tokens, and BEP-2 tokens.
  • Available platforms: iOS, Android
  • Wallet type: hot wallet
  • Year introduced: 2017
  • Official website: https://www.infinitowallet.io/

8. Jaxx

Jaxx is known for its popularity among iOS and Android users. It is compatible with Windows, macOS, Linux, and Chrome. The wallet supports the most popular cryptocurrencies-Ethereum, Ethereum Classic, Bitcoin, Dash, DAO coin, Litecoin, Bitcoin Cash, REP coin, etc. It has a convenient design, a high degree of security, and most importantly, supports smart contracts.

  • Supported assets: Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Dash, Zcoin, Dogecoin, Binance Coin, HB Coin, Sender Coin, MCO Coin, Antcoin, etc
  • Available platforms: desktop (Windows, Mac, Linux), mobile devices (Android, iOS), Google Chrome extensions.
  • Wallet type: hot wallet
  • Launch year: 2016
  • Official website: https://jaxx.io/

9. Edge

 

Edge is a mobile wallet for Android and iOS devices. The wallet supports the reception, transmission, storage, and exchange of several different cryptocurrencies and ERC20 tokens.

The Edge team attaches great importance to the user experience of the wallet. The process of creating a new account and using the wallet only takes one minute. You only need a username, password, and contact information.

  • Supported assets: Bitcoin, Ethereum, Monero, Ripple, Bitcoin Cash, Dash, REP, Wings, Indorse, Zerocoin, Feathercoin, Gitecoin, Green Coin, Bitcoin Gold, DAI Coin, Stellar Coin, Smartcash, Lightning Coin, Bitcoin SV, Grapefruit Coin, Dogecoin, Quantum Chain, Crow Coin
  • Available platforms: iOS, Android
  • Wallet type: hot wallet
  • Release year: 2018
  • Official website: https://edge.app/

10. Trezor

 

Like Ledger Nano S, Trezor is also a hardware wallet that allows you to store Ether and all types of ERC-20 tokens. Even though it was created to store Bitcoin, Trezor is now one of the most popular Ethereum wallets that can be used with the MyEtherWallet web interface.

The device supports Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Dogecoin (DOGE), Ethereum Classic (ETC), and other digital currencies. The wallet contains advanced security features such as two-factor authentication (2FA), SSH, and GPG encryption. Trezor is light and compact, available in silver and black, and compatible with Windows, macOS, and Linux.

  • supported assets: Bitcoin, Bitcoin Cash, Ethereum, Ripple, Tether, Litecoin, Grapecoin, Stellar, Cardano, Monero, ERC20 token, Dash, Tezos, Ethereum Classic, New Economic Coin, Ontology Coin, Dogecoin, Zcoin, Bitcoin Gold, etc.
  • Available platforms: Windows, Mac, Linux.
  • Wallet type: cold wallet
  • Release year: 2012
  • Official website: https://trezor.io/

11. KeepKey

 

KeepKey is a hardware wallet with a USB function, its function is similar to Ledger Nano S and Trezor. This is the most expensive hardware wallet on our list, probably because of its large screen.

One of the functions of the wallet is the ability to generate private keys using a random number generator. Like the other two, it supports the most popular operating systems.

  • Supported assets: Bitcoin, Bitcoin Cash, Bitcoin Gold (in the KeepKey client), Dash, Dogecoin, Ethereum, Litecoin, Gitecoin (only on beta.shapeshift.com), and ERC-20 token
  • Available platforms: Windows, Mac
  • Wallet type: cold wallet
  • Release year: 2015
  • Official website: https://shapeshift.io/keepkey/

12. Mist wallet (Mist)

Mist Wallet is the official desktop wallet of Ethereum, designed to safely store Ethereum and all ERC-20 tokens. Since no special technical knowledge is required, it is easy to download, install, and configure. It provides access to public and private keys.

After full installation and synchronization, the storage space on the hard drive is 667 GB. The installation is performed at the prompt of the installation wizard, so it will not cause difficulties. The program has a convenient menu that allows you to access the main commands. A strong password is set to protect your assets. Provide recovery function.

Higher requirements for personal computers. Due to the need to download blocks, the demand for computer configuration is increasing. The personal computer should have an SSD or HDD with a capacity of approximately 1 TB. The synchronization process when using HDD takes several days. Many recommend using a personal computer with an SSD to speed up this process.

  • Supported assets: Bitcoin, Bitcoin Cash, Bitcoin Gold (in the KeepKey client), Dash, Dogecoin, Ethereum, Litecoin, Gitecoin (only on beta.shapeshift.com), and ERC-20 token
  • Available platforms: Windows, Mac
  • Wallet type: hot wallet
  • Release year: 2015
  • Official website: https://shapeshift.io/keepkey/

13. Freewallet

Freewallet is a multi-cryptocurrency webpage and mobile wallet with a user-friendly interface. The mobile wallet is available for iOS and Android. You can store Ethereum and more than 30 other available tokens (such as Bitcoin, Gitecoin, Dogecoin, Stellar, Monero, etc.)

The most interesting part is the free transfer between Freewallet users. The wallet is protected by two-factor authentication and a personal password. You can also add fingerprints on your phone to ensure asset security. The wallet has an exchange and purchase functions. Using a credit card to buy cryptocurrency and exchange tokens is easy. You don’t need to fill in your wallet address, the app will prepare everything for you.

  • Supported assets: Bitcoin, Bitcoin Gold, Gitecoin, Dogecoin, Ethereum, Litecoin, Stellar, Monero, Zcoin, Bytecoin, BTT, Dash, Grapecoin, LSK Coins, Antcoins, Future coins, TEDA coins, NEM coins, ZIL coins, etc.
  • Available platforms: mobile (Android, iOS)
  • Wallet type: hot wallet
  • Year introduced: 2017
  • Official website: https://freewallet.org/

14. Metamask

Metamask is an extension of Google Chrome, Firefox, and Opera browsers. This Ethereum wallet is one of the most convenient, easy, and secure wallets. And, it can unlock various online wallets.

In addition to this, Metamask allows you to run and interact with decentralized applications in the Ethereum blockchain without installing a full node. This is not just a wallet.

The Metamask application stores the private key in the browser in an encrypted form and does not transmit the private key to its server. It also regularly updates the database of phishing and malicious sites and will issue a warning if you visit a site from that database. The Ethereum wallet is very secure.

Metamask allows you to store and send all tokens of Ethereum and ERC-20 standards. According to the editor, this is the best Ethereum wallet to date.

  • Supported assets: Ethereum and ERC-20 tokens
  • Available platforms: Google Chrome, Firefox, Opera extension
  • Wallet type: hot wallet
  • Official website: https://metamask.io/

15. Lumi wallet

Lumi is a mobile wallet and web wallet available for iOS and Android. Using this wallet, users can store Bitcoin, Ethereum, Bitcoin Cash, grapefruit coins, and other tokens.

Lumi is a safe and convenient solution for professionals and beginners in the cryptocurrency market. The service does not require registration of the personal data that must be entered, and it is completely anonymous. Customers can easily purchase cryptocurrency using their own credit card.

The core of the Lumi wallet is security. You can protect your wallet with PIN, Touch, or FaceID. If you forget your password, a 12-word backup phrase can recover your funds. Lumi provides the safest way to store your Ethereum and other supported tokens. The company takes the protection of customer information seriously. The private key is only stored on the user’s device.

  • Supported assets: Bitcoin, Ethereum, Bitcoin Cash, Grapefruit, and the most popular ERC20 token
  • Available platforms: mobile (iOS, Android), web
  • Wallet type: hot wallet
  • Official website: https://lumiwallet.com/

16. Ethereum paper wallet

Considering the storage of Ethereum, it is worthwhile to focus on paper wallets generated through special online services and then printed on plain paper. To create a repository, you can use the EthAddress project, which is a wallet generator.

Why are paper wallets so popular among cryptocurrency investors?

  • They are easy to use. Creating a paper wallet does not require much work or technical knowledge. A few simple steps will greatly protect your tokens. Using hardware wallets is much more complicated.
  • They are autonomous. Hackers and scammers cannot use such a wallet online because it is located in your locker. Your currency is displayed as a piece of paper with your key printed on it. Such a wallet is like an expensive cash check, you can use it to use funds or transfer them to anyone.
  • There are no hardware problems. Paper wallets are more secure than hardware wallets that may be damaged and may have software malfunctions. Paper wallets are the simplest form of cryptocurrency storage.
  • Can be easily passed to close people. If something happens to the owner of the cryptocurrency, then his relatives are unlikely to access his exchange or hardware wallet. However, paper wallets can easily be stored in their lockers or physical space as part of valuable assets.
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