10 BEST Ethereum Wallet: Top ETH (ERC20) Wallets | Jan 2022
Ethereum is a public, open-source, blockchain-based distributed computing platform that features smart contract functionality. A cryptocurrency token known as Ether is provided by Ethereum, which can be transferred from one account to the other. It is used to compensate participant nodes for mining and computations performed. A value token is needed for the compensation of network nodes.
Ethereum wallet is an application that lets you manage your Ethereum account. It allows you to check your Ethereum balance, perform transactions, and connect to other applications. You can also manage multiple Ethereum accounts from a single application.
Following is a handpicked list of Top Ethereum wallets with popular features and website links. The list contains both open source (free) and commercial (paid) software.
Best Ethereum Wallet Apps | Top Wallet for ERC20 Tokens
| Company | Type of wallet | Mobile App | Supported coins | Security | Link |
|---|---|---|---|---|---|
| 👍 Coinbase | Software | Android, iOS | Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, XRP, Stellar Lumens, Dogecoin, etc. | Very Secure | Learn More |
| 👍 ZenGo | Software | iOS and Android. | Bitcoin, Ethereum, Dogecoin, etc. | Very Secure | Learn More |
| Binance | Software | iOS and Android. | Bitcoin, Ethereum,Pokadot, Cardano, etc. | Very Secure | Learn More |
| Ledger Nano | Hardware | Windows (7+), Mac (10.8+), and Linux. | BTC, ETH, XRP, BCH, DOT, LTC, TRX, EOS, XLM, ADA, etc. | Very Secure | Learn More |
| Trezor | Hardware | Windows, MacOSX, or Linux | BTC, ETH, BCH, LTC, LINK, XLM, HT, USDC, DASH, etc | Very secure | Learn More |
1) Coinbase
Coinbase is one of the best Ethereum wallets that can be utilized for purchasing, selling, transferring, and storing digital currency. It securely stores a wide range of digital assets in offline storage. This platform supports more than 100 countries.
Features:
- You can buy and sell any digital currency and keep track of them in one place.
- It provides an app for both iOS and Android devices.
- You can schedule your currency trading on a daily, weekly, or monthly basis.
- It stores your funds in a vault for safety purposes.
- It is one of the largest cryptocurrency exchanges.
- Get $5 in free Bitcoin for signing up.
- Supported coins: BTC, BCH, LTC, ETH
- Hardware Wallet Compatibility: Only with Ledger, Trezor.
- Security: Very Secure
- Type of Wallet: Software.
2) ZenGo
ZenGo is a non-custodial, keyless crypto wallet, making it the simplest yet most secure and always recoverable wallet to invest in cryptocurrency. Create an account in just 19 seconds and be the true owner of your crypto.
Features:
- Store, buy, trade, send and receive crypto.
- Sell Bitcoin in Europe, the UK, and the US
- Buy Terra coins for 0% processing fees
- Over 70 crypto assets are supported including Bitcoin, Ethereum, Dogecoin.
- Earn 4% APY interest on your Bitcoin
- Enjoy 24/7 support by real agents
- Choose from the 3 network fees modes (economy, regular, fast). Applicable for BTC, ETH, ERC20.
- Cancel or speed up your sent transactions before they are confirmed on the blockchain with 1 tap.
- Get $10 cashback in Bitcoin for purchase of $200 by applying the code ZENX0B4G
3) Binance
Binance is one of the best platforms to create an Ethereum wallet that offers a platform for trading more than 150 cryptocurrencies. It provides an API that helps you to integrate your current trading application.
Features:
- This application offers a wide range of tools for trading online.
- It is one of the safest Ethereum wallets that provides 24/7 support.
- This ERC20 platform is compatible with Web, iOS, Android, and PC clients.
- Binance offers basic and advanced exchange interfaces for trading.
- It does 1.2 Bn average daily trading volume with more than 1,400,000 transactions per second.
- Supported coins: BTC, BCH, LTC, ETH
- Hardware Wallet Compatibility: Only with Ledger, Trezor
- Security: Very Secure
- Type of Wallet: Software
- Use Referral ID C2NIWDDM and get 5% commission kickback
4) Ledger Nano
Ledger Nano is a hardware wallet that supports a multitude of cryptocurrencies. This hardware wallet has an LED display for payment validation and a PIN to confirm the transaction. This handheld device is convenient and secure.
Features:
- You can easily access it via USB-compatible devices.
- It allows you to install up to 100 applications on your Ledger.
- This ERC20 wallet allows you to secure and control all your crypto.
- It offers 2-factor authentication.
- Supporting platforms: Windows (7+), Mac (10.8+), and Linux.
5) Trezor
Trezor is a hardware wallet that helps you to store your Ether and Bitcoins. You can easily plug it into your computer or smartphone. It helps you to randomly generated a PIN that keeps the device safe and secure.
Features:
- Ultra-secure offline storage.
- This ERC20 supports more than 1,000 currencies.
- Easy-to-use touchscreen.
- Extremely simple to use.
- It allows you to hide your private key.
- Supported platforms: Windows, MacOSX, or Linux
- Wallet Type: Hardware
- Security: Very secure
- Supported coins: BTC, ETH, BCH, LTC, LINK, XLM, HT, USDC, DASH, etc
6) Kraken
Kraken is one of the best Ethereum wallets that offers financial stability by maintaining full reserves, relationships, and the highest legal compliance standards.
Features:
- It provides a highly comprehensive security approach.
- Allows you to buy and sell assets in a single click.
- You can reach out to their support team via live chat.
- Kraken automatically checks all addresses for errors.
- Supported coins: BTC, ETH, LiteCoin, Cardano, Dash, Zcash, etc
- Hardware Wallet Compatibility: Yes
- Security: High
- Type of Wallet: Software
7) Gemini
Gemini is one of the best Ethereum wallet trading tools that helps you to legitimize cryptocurrencies worldwide. It is a simple, elegant, and secure way to build a crypto portfolio.
Features:
- It offers discounts up to 0% for volume traders.
- It offers good security measures.
- Regulation equates to trust for many investors.
- Supported coins: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash
- Hardware Wallet Compatibility: No
- Security: Secure
- Type of Wallet: Software
8) Coinsmart
Coinsmart is a digital currency wallet that enables you to buy and sell crypto with no hassle. It enables you to access your Ether payment and your cash instantly. This application provides you a quick and easy way to send an invoice to your customer using SmartPay Invoicing.
Features:
- Supports a wide range of cryptocurrencies like Bitcoin Cash, XRP, Ethereum, Litecoin, and more.
- Provides 24/7 live support.
- Trade any currency with just one click.
- It processes all Fiat withdrawal in few days.
- Enables you to place customized orders seamlessly.
- This platform can be accessed from mobile and desktop.
9) Cex.io
Cex.io is one of the best Ethereum wallet that helps you to buy and sell cryptocurrencies. It allows you to deposit funds using MasterCard, Visa card, or PayPal Debit MasterCard. This ERC20 platform follows scalping and frequency trading strategies to secure assets and data.
Features:
- Users can trade USD for Bitcoins, Ethereum, and XRP (Ripple).
- It offers protection against DDOS(Distributed Denial-of-Service) attacks using full data encryption.
- You can trade with more than 10x leverage without creating an extra account.
- It is one of the top Ethereum exchanges that supports platforms like mobile devices and websites.
- This Dapp application offers downloadable reports showing real time balance and transaction history.
10) Exodus
Exodus is one of the best Ethereum platforms that help you to secure, manage, and exchange your cryptocurrency in a single application. It offers advanced security for your cryptocurrency.
Features:
- Advanced security for your cryptocurrency.
- Your asset stays securely offline on Trezor hardware.
- It allows you to monitor market movements on the go.
- It allows you to send, receive and exchange cryptocurrency with your desktop, mobile, and hardware wallets.
Link: https://www.exodus.com/
11) Atomic
Atomic Wallet is a cryptocurrency wallet that helps you manage Bitcoin, Ethereum, Litecoin, XLM, and other 300 other coins and tokens. It is one of the best crypto wallets which helps you to instant exchange with cashback.
Features:
- It helps you to manage, exchange, stock, and buy all your favorite assets in one secure interface.
- Allows you to buy Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and other top cryptocurrencies.
- You can fully control your funds.
- It offers quick and efficient responses via live chat or email.
Link: https://atomicwallet.io/
12) Metamask
MetaMask is a web-based free wallet that works as an extension for different browsers such as Chrome, Opera, Brave, and Firefox. It allows users to access an Ethereum wallet through a browser extension or mobile app, which can then interact with Dapp (decentralized) applications.
Features:
- MetaMask is a crypto wallet platform that offers a key vault, secure login, token wallet, and token exchange.
- It helps you to find the best price every time.
- Supported platforms: Firefox, Brave, and Chrome extensions.
- Supported coins: ETH
- Hardware Wallet Compatibility: Yes
- Type of Wallet: Software
Link: https://metamask.io/
How do I get an Ethereum wallet?
Here are the steps to get an Ethereum Wallet:
Step 1) Create your Coinbase account. Then click on Buy/sell button
Step 2) You will be asked to add a payment method. Click on Add Payment Method.
Step 3) Then, you will be asked to add a bank statement or a debit/credit card. You can select your choice. Here, we selected the Credit/Debit Card method. You can select Bank if you want to do a bank transfer.
Step 4) Click the Continue button.
Step 5) You need to verify your identity. Click on Upload ID. Here, we have selected Driving License.
Step 6) Then upload your photo. After the verification is done, enter the billing address details.
Step 7) Enter the billing address for your debit/credit card.
Step 8) Enter your card details.
Step 9) Now click on Buy/Sell Ethereum Button.
Step 10) Now, you just need to enter the amount of Ethereum that you want to buy. In this case, we have purchased $1750 worth of ETH.
Step 11) Click on the Buy Instantly button, and you can proceed to buy Ethereum.
Within a few minutes, your funds will be shown in your account.
FAQ:
❓ What is a Ethereum wallet?
Ethereum wallet is an application that lets you manage your Ethereum account. It allows you to check your Ethereum balance, perform transactions, and connect to other applications. You can also manage multiple Ethereum accounts from a single application.
🏅 Which are the Best Ethereum Wallets?
⚡ What kind of Ethereum wallets are there?
There are five types of Ethereum Wallets:
| Type | Pro | Cons |
|---|---|---|
| Online | It is free, easy to set up, and easily accessible. | It offers limited options and does not offer access to the private key. |
| Software | Free and easy to use and also allows private key access. | It is less secure and also offers only manual updates. |
| Mobile | Free, easy to set up, and access. | It is less secure and offers limited options. |
| Full Mode | Free, easy to set up, and access. | It requires more disk space. |
| Hardware | It is the safest option. | It is expensive and less accessible. |
💲 How do I fund an Ethereum wallet?
To fund your Ether wallet, you should buy Ethereum from an exchange. Once you buy, you can easily withdraw the Ether to your wallet.
🚀 How long does it take to send Ether?
Ether payments are fast but less secure than Bitcoin payments. You can get a confirmation in maybe 10 seconds, although you need to wait a bit longer than that for more confirmations.
❗ What is Ethereum cold storage?
Cold storage is an offline wallet used to store cryptocurrencies. Cold storage helps you store your digital wallet on a platform that is not connected to the Internet. It means your digital wallet will be safe from unauthorized access, cyberattacks, and other vulnerabilities.
👉 What is the best Ethereum Wallet?
The common consensus is that either paper or hardware wallets will be the best Ethereum (ERC20) wallet options for most Ether holders.
🔒 Can an Ethereum wallet be hacked?
Yes, most definitely. No matter what sort of wallet you are using, it can be hacked at any point in time. Some wallets are difficult to hack than other hardware, paper, and software wallets that help you protect your cryptocurrency.
⚡ How can you get free Ethereum?
To get free Ether (ETH), you need to sign up for an account on Idle-Empire and answer some paid surveys. You can also watch videos or complete tasks to get offers to get Ether points.
❓ How do you get an Ethereum address?
When you download or buy an Ethereum wallet, you are given an address in the wallet software.
❗ What is the ERC20 wallet?
ERC20 tokens wallet is a wallet that stores Ether currency and ECR20 tokens. These tokens are created with the help of blockchain technology and stored on the Ethereum address. A user can use it to pay their transaction fees.
🏅 What to look for in an Ethereum Wallet?
Here are some important things you should look for in your Ethereum wallet:
- Security: Security should be your number one priority when choosing an Ethereum wallet.
- Smart contract support: An Ethereum wallet should support smart contracts.
- Private keys: Look for a wallet that allows you to retain control of your private key.
- Ease of use: Cryptocurrency wallets can be sometimes confusing and complicated, so look for a wallet that is easy to use.
- Support for multiple currencies: Your selected Ethereum wallet should provide support for multiple currencies.
💥 Tips for securely storing your Ethereum
Here are some important tips for securely storing your Ethereum:
- Store your private keys somewhere private and also ensure that it is encrypted.
- You should back up your wallet regularly to protect against unexpected accidents or mishaps.
- Select a wallet that suits your needs, as some wallets are focused on security and can be time-consuming to use.
- Set up two-factor authentication.
🔒 What type of Ethereum wallet is most secure?
Here are some Ethereum wallets that are most secure:
- Physical hardware wallets: allow you to keep your crypto offline.
- Mobile applications: make your funds accessible from anywhere.
- Web wallets: help you to interact with your account via a web browser.
- Desktop applications: helps you manage your funds via different platforms like Windows, macOS, Linux.
🌟 What security features are often included in Ethereum wallets?
Ethereum wallets often include following security features:
- End-to-end encryption
- Passphrases
- Two-factor authentication (2FA)
- Protection against cyberattacks
❓ Are Ethereum wallets free?
Yes, most of the software Ethereum wallets are free to use. However, hardware Ethereum wallets are paid and expensive, which offer additional security features to their users.