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Best Ethereum Wallet to store your Ether

Best Ethereum Wallet
Written by Jacky

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Best Ethereum Wallet for 2017-2018

My hunt for Ethereum wallets got me some really interesting stuff that I would want to share with you also.  It’s like finding a pandora box of some really amazing and trusted wallets where you can keep your money safe.Best Ethereum Wallet

However, let me tell you that although there are different types of Wallets, each is different in terms of security and ease.

Wallet Name Type Security
Ledger Nano S Hardware Wallet High
Trezor Hardware Wallet High
Coinbase Online Wallet Low
Coinomi Mobile Wallet Moderate
Exodus Desktop Wallet High
MetaMask Desktop Wallet High
Mist Desktop Wallet High
MyEtherWallet Web Wallet Moderate
ETHAddress Paper Wallet High
Jaxx Mobile Wallet Moderate
Keep Key Hardware Wallet High

Without any further delay, let’s now have a detailed look at all the ETH wallets along with their features, pros, and cons.

So here it goes! Appended below are the Top Ethereum Wallets that you can trust:

  • Hardware Wallet
  • Online Wallet
  • Desktop Wallet
  • Mobile Wallet
  • Paper Wallet

    * MyEtherWallet  (Web Wallet)

     

    MyEtherWallet is different from other traditional web wallets.

    Why? Because unlike other web wallets, here you control Ethereum’s private key on your machine.

    It is an open-source wallet, with no third-party servers, where you can write and access smart contracts. Harsh has written an article about this here. It has an inbuilt BTC to ETH (and vice-versa) swap facility. You can also connect your Trezor or Ledger Nano S to access your funds in MyEther’s browser environment.

    Supported Platforms Web Wallet, Chrome Extension
    Privacy No registration or personal information needed
    Smart Contracts Support Yes

    *Coinbase (Web Wallet)

     

    Coinbase is one of the most popular Bitcoin web wallets. This year, they have also included Ethereum support.

    It is a cheap and fast way of storing Ethereum, provided that they serve your country. You can check if their service is available in your country over here.

    If it is, follow these steps to use Coinbase:

    • Register at Coinbase.
    • Get your public address.
    • Transfer your ETH to Coinbase’s public address.
    • Store ETH on Coinbase.

    However, the drawback is that the private keys are not in your control because they are stored on Coinbase’s hosted servers.

    That said, it’s a decent way to store ETH for short term. If you planning to hold Ethereum for long term, you should use Paper wallet method or use a hardware wallet like Ledger Nano S.

    Supported Platforms Web Wallet, Android, and iOS Apps
    Privacy Email registration and personal information needed
    Smart Contracts Support No

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Jacky

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