Best wallets to store your Ethereum
An Ethereum wallet is vital before investing in the second largest cryptocurrency by market cap, Ether (ETH). The wallet not only stores Ether coins but also allows you to send, receive, and spend the crypto coins.
There are generally two types of Ethereum crypto wallets, hardware, and software crypto wallets. Some of the best options to store your Ethereum include:
MetaMask is one of the best, if not the best Ethereum wallet. It is one of the most widely used Ethereum wallet, and for good reasons.
The wallet is easy to use, therefore beginner-friendly. Besides allowing you to store and spend your Ether (ETH), it also allows you to access decentralized Ethereum apps.
The MetaMask wallet is available as a browser extension and mobile app. It is a software wallet, therefore best used with a hardware wallet.
The Exodus Wallet is another beginner-friendly crypto wallet ideal for ETH storage. It is free to use and non-custodial, meaning you maintain full control of your crypto. It also does not require users to register or supply personal information to use it.
The Exodus wallet supports more than 150 cryptocurrencies across seven separate blockchains. It is another software crypto wallet available on desktop and mobile.
There are many reasons why many Atomic wallet users consider it the best Ethereum wallet. It is decentralized, easy to use, non-custodial, and allows users to store, exchange, and buy ETH with a bank card. Verification and KYC standards are not necessary to access funds stored in the wallet.
The Atomic Wallet supports over 500 crypto assets, including Bitcoin, Bitcoin Cash, XRP, and Litecoin. It is also available on desktop and mobile.
Ledger Nano X and Ledger Nano S are two great hardware wallets that support ETH storage. As hardware wallets, both wallets allow users to store their ETH offline.
Both wallets are physical devices in the form of USB drives. They support over 1,800 cryptocurrencies, besides ETH. They also support desktop, Android, and iOS devices.
The Ledger Nano X wallet is considered an upgrade of the Ledger Nano S. It is not only pricier but also has a few features, including a battery and Bluetooth.
Trezor, like Ledger, offers two hardware crypto wallets, Trezor One and Model T that support ETH storage. Both wallets support more than a thousand cryptocurrencies, besides ETH. They are highly secure and great alternatives to the Ledger wallets.
Compared to the Ledger wallets, the Trezor wallets are lighter and more uniquely shaped. They are also cheaper. The Trezor One wallet is, however, cheaper than the Trezor Model T and all the Ledger wallets. Either of the Trezor wallets can be the best Ethereum wallet for you.
There you have it, some of the best Ethereum crypto wallets to consider before investing in ETH.
While software wallets like MetaMask, Exodus, and Atomic have their advantages, which include convenience, it’s always best to consider using them with hardware wallets like the Ledger and Trezor crypto wallets for great security.
Author: Jay Jackson
Jay Jackson is a crypto trader, researcher and freelance writer. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.