After Bitcoin, Ethereum is the second largest cryptocurrency globally accredited. It is an open source software that works on a decentralized system as well as on the blockchain platform along with the functionality of a smart contract.
Ethereum offers two functions. Firstly, it helps in keeping things working smoothly by rewarding the mining nodes, and secondly, it helps in paying people on the platform of smart contract. As the second largest cryptocurrency people often prefer to pay by Ether, hence having an Ether wallet has become a necessity for crypto users.
But before you find an Ethereum wallet, you must know the basic features that make an ether wallet completely secured so that you can assess your selection. According to the market report, the quintessential features of a secured Ether wallet are:
- Private keys – with this features, you will get to control personal wallet securely.
- The simplicity of use – user-friendly interface.
- Developing community – the wallet should be backed by a dynamic development network.
- Backup and safety – Backup and safety features should be there.
- Compatibility – The wallet should be versatile enough with a different OS.
Unless an Ether wallet offers all these 5 features, you cannot call it the best one. Based on all these features we have listed 10 Ether wallets for your easy selection.
Initially, Trezor was created for Bitcoin storage but later on, it started to promote other crypto currencies: Ethereum is one of them. In order to use Trezor, you need to use a web wallet that has Trezor integration.
Besides security, it has offline compatibility. Furthermore, it has other features like advanced cryptography, 2-way validation, provision of last moment transaction preview, etc.
Ledger Nano S
Ledger Nano S is one of the well-known hardware Ether wallets, and it is expected that in 2019 the wallet will be one of the most popular ones for Ether storage. Versatility and all-rounder compatibility is one of the best features of this wallet. The wallet can be integrated with any device by USB connectivity and it supports wide varieties of cryptocurrencies like Bitcoin, Litecoin, and Ethereum Classic along with Ethereum.
Tight security of this wallet is its prime USP, which includes 2-level authentication, an encrypted PIN code, and accessibility of recovery seed. Secondly, you will be able to track the transaction with a double tap button.
Keepkey is one of the most popular USB empowered hardware wallets and it permits users to store ether as well as other cryptocurrencies like Bitcoin, Litecoin, and other altcoins. The wallet is built with an OLED display screen to simply the transaction process. You can recheck and confirm the transaction using the screen.
Guarda is one of those multiple cryptocurrency wallets for android users that not only supports first rated Cryptocoins including Zcash, BTC, ETH (+ERC20 tokens), ETC, Ripple, DASH, latest EOS ns other Altcoins, it is completely consistent and is configured with safety features and multiple device compatibility.
Guarda does not keep any information on the clients transacted, their wallet data, or any private keys. Once the user logs out from the wallet, the private key related information automatically gets deleted from the memory of the device.
MyEtherWallet is a globally known Ethereum web wallet, which is configured with a marked difference. This web wallet permits its users to store their Ethereum private key in the laptop other than 3rd-party servers, which offers an improved level of security in comparison to other Ethereum wallets.
The wallet provides an integral ETH to BTC switch facility. The wallet supports Ethereum Classic and other ERC20 tokens and is counted as one of the functional ERC20 wallets.
MetaMask is an easy to use Ether wallet, which is a browser extension too. The wallet permits its users to store Ether and to access DApps. The wallet offers the benefit of encrypting the wallet keys and allows the key to getting stored in a personal system. Users can skip the hassle of the registration formality with this wallet.
The MetaMask can be installed on Chrome, Firefox, Opera and Brave browsers and the wallet makes Ether as best accessible as possible.
You might like: How To Use MetaMask Wallet On Phone?
Mist Ethereum Wallet
Mist is called the official Ethereum wallet. It is built in a way that it offers safe storage of ETH and other ERC tokens existing on the Ethereum blockchain. The sign-up process is hassle-free and faster than signing in similar other wallets. The wallet registration process does not demand lots of personal details. The password creation is mandatory and the password will stay automatically stored in the user’s personal system so that it can be retrieved if forgotten.
Exodus is a cryptocurrency wallet, compatible for the storage of Ether. It supports desktops too. Exodus supports multiple cryptocurrencies and tokens like Ethereum, Bitcoin, Litecoin, Dash, Zcash, etc. Besides versatility, the wallet has an easy interface and some planned features. Furthermore, Exodus offers integration with ShapeShift for faster cryptocurrency conversion and round-the-clock access to the crypto holdings of the user.
Ethaddress is one of the most popular Ethereum paper wallets that permits its users to generate an Ethereum account along with the public and private keys in print on a paper. It is easy to use, secure, safe, and cheap storage option to store Ethereum, and the friendly features have marked it as one of the best Ethereum wallets. The wallet offers the privilege of encrypting the private key for advanced protection.
This wallet is definitely the best option for creating plenty of Ethereum addresses. Users have to visit the GitHub repo and then download the code from there. Once the index.html file is open, the user can create the address from the specific HTML page.
imToken is one of the leading Ethereum digital asset wallets, with presently 6M users worldwide that initiate ~10% of all Ethereum transactions on an average. imToken wallet is compatible for using for ETH, and for all ERC-20 tokens. In the latest version 2.0 of the imToken wallet, a user can store and can send CryptoKitties, digital collectibles safely.
These are the 10 most important and popular Ethereum wallets, which can be used without any fear or safety concern in mind, and they are going to rock the market in 2019. However, if you find any other Ethereum wallet equally popular and easy to use like the ten wallets we have suggested here, do let us know by commenting here.