In the world of cryptocurrency, there are over nine hundred cryptocurrencies, but among these cryptocurrencies, there are only a few popular, reputable and reliable digital currencies. Ethereum wallet, Ethereum mining, Jaxx, Ethereum calculator, Jaxx wallet, a Bitcoin wallet, and Blockchain wallet are all related to cryptocurrencies. Apart from Bitcoin, there is another digital currency, which seems to have great potentials and this digital currency is growing rapidly among all cryptocurrencies. That digital currency is Ethereum.
Things to Secure Crypto Currency Wallets are:
- Private keys – Wallets where you control your private keys.
- Ease of use – Elegant UI for ease of use.
- Development community – Active development community.
- Backup & security – Backup and restore features.
- Compatibility – Compatible with different operating systems.
Ethereum is a decentralized platform used for the creation of applications that operate on the blockchain. This application operates with the use of a feature called smart contract. The smart contract helps to make the applications function as programmed without any form of downtime, fraud or third-party.
When looking for wallets, make sure that the above requirements are met before you store your coins there. If you want to get hold of ETH Instantly using Bitcoin or any other cryptocurrency, just use the widget below.
Here I have listed out the best wallets for Ethereum. They all meet the above requirements.
1) Ledger Nano S:
The Ledger Nano S is a cryptocurrency multi-asset hardware wallet that looks like a folding flash drive. It can store Bitcoin, Ethereum, and other Altcoins. The Ledger Nano S connects via a USB cable and requires interaction with the device to confirm transactions. The safety features are used to store cryptographic resources and secure digital payments.
The best thing about the Ledger Nano S is that it comes with a small OLED screen which allows you to control your transactions. The security is so robust that you can use your Nano S device even on a hacked computer.
Trezor is a hardware wallet that has an easy-to-use interface. Using Trezor, a user can control his/her coins, make transfers and check one’s account balance. Trezor has a quick setup process that allows a user complete his/her registration on time. Trezor is also easy to use, and it comes with a feature that allows users input a secret word in other to regain the access to one’s money, keys, accounts, emails and so on.
Exodus is the world’s first multi-cryptocurrency desktop wallet. It is free to use and has an attractive UI. As soon as you open the Exodus wallet, a pie chart will show your entire portfolio of coins. It comes with security features that encrypt a user’s private keys and transaction details that are only accessible to the user. It has a beautiful and attractive live chart that can be used to record the value of a user’s blockchain portfolio.
Exodus provides personalization features for its users. It allows the user to customize the theme of their wallet to suit their taste. Users can also store other digital currencies apart from Ethereum. Currencies like; Bitcoin, Litecoin, Dash, etc. are all supported. They offer 24/7 support via their help desk or email which makes communication nice for late night projects. They also offer a Slack channel for communication with other users. Exodus is available for Windows, Mac, and Linux. This software is free to download.
Jaxx is another cryptocurrency platform that supports all the leading or popular digital currencies such as Ethereum, Bitcoin, etc. It gives its users the ability to have full control over their wallet by allowing users to create their private keys on their own local device. According to Jaxx, it states that user’s keys are never sent to any server and neither do they hold access to a person’s funds.
It supports 13 cryptocurrencies (including ETH) and has an elegant design with robust security features. On Jaxx, private keys never leave the device, and features like seed keys enable you to restore your funds whenever required. It has an amazing development community which looks after innovation and maintenance of the product.
Jaxx wallet is available for Android, iOS, Mac OS, Windows, Linux.
5) My Ether Wallet:
My Ether Wallet is easy to use and open source Ethereum wallet. It is used for the creation of new wallets. It allows users to be able to store their Ether in the wallet. This wallet gives its users the full control, and it enables users to store their keys on their own equipment instead of storing it on their system.
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 My Ether’s browser environment.
Coin base is one of the most popular Bitcoin exchange services used globally. They also provide a mobile and a web wallet. Coin base gives you a little more flexibility than Bitcoin.info, as it allows users to manage their own private keys. It is a cheap and fast way of storing Ethereum, provided that they serve your country.
It has several features such as:
- Mobile wallet: Coin base makes it easier for users to access the wallet by creating an app for it. Hence, iPhone and Android users can get access to their wallet via the Coin base app.
- Funds Insurance: Coin base provides its users with a fund insurance option that covers all digital currencies stored on the Coin base servers.
- Storage: Coin base provides a secure and protected storage for the digital assets. It stores these digital assets in protected offline storage.
It may take several days to receive the first Bitcoins you purchase. Be sure to turn on 2-factor authentication for additional protection to your account, you can download this on any cell phone using Google Authenticator or Authy.
7) Keep Key:
Keep Key is a simple hardware wallet that secures Bitcoin, Ethereum, Lite coin, Dogecoin dash, and Name coin. Your assets are protected from hackers and thieves. They claim to be virus and malware proof because it does not have an operating system like your phone or computer.
Keep Key’s plastic body makes it vulnerable to damage if it is accidentally dropped, but if you like its interface, it may be the right wallet for you. Keep Key has a great digital display and comes in a very appealing anodized aluminum and black polycarbonate case. They offer a 1-year limited warranty.
So These Were the Top Best 7 Crypto Currency Wallets.