Ethereum is a market cap in cryptocurrency world which allows smart contracts. It becomes more and more popular according to CNN. With huge attention to this digital currency, comes the need to keep it safe and secure.
One of the main disadvantages cryptocurrency is their ability to being hacked. Obviously, blockchain can’t be hacked, but not protected cryptocurrency wallets could be. So that, you need to think about the best suitable Ethereum (or cryptocurrency) wallet to store your assets.
There are four different types of crypto Ethereum Wallets:
Let’s get a closer look at each type of wallet: hardware wallets are unique things which keep your private keys encrypted. Online wallets, as you may guess, exists online, while they are still secure.
You can download and install desktop wallets on your computer. And, finally, paper wallets, are pieces of paper with your private keys for cryptocurrency and they are the most unsecured type.
Best Ethereum wallets 2018
Since you know all the wallet types now, we have collected top 10 Ethereum wallets 2018. Also, you will find wallets allowing you to store several cryptocurrencies on it.
Trezor is trusted and secure cold storage which will keep your private keys. It can even make a transaction without an internet connection. Trezor was initially designed for Bitcoin, but you can store your Ethereum there as well using MyEtherWallet web interface. It uses USB connection so that you can carry it around, and if you need to spend your cryptocurrency, just insert into any computer.
2. Ledger Nano S
This is a cryptocurrency hardware wallet allowing you to store Bitcoin, Ethereum and Altcoins. Every time you want to make a transaction you need to sign it using a private key. If your Ledger Nano S is broken or lost, you can always create a recovery seed. So, there are minimal risks to lose your funds with a physical device.
KeepKey is one more hardware wallet which supports Bitcoin, Litecoin, Testnet, Namecoin, Dogecoin, and Dash. You can buy this wallet on Amazon. It comes it a cool package where you’ll find a Keepkey itself, a USB cable to connect the device to your PC, and a card to write your recovery sentence. It features sleek modern design and creative animations which makes the overall experience of using it way better than others.
Here you see an easy-to-use and portable software wallet for the cryptocurrency. It lets you keep Ethereum, Bitcoin, and many more cryptocurrencies. To boost security, it allows their users to create a new address each time you make a transaction. You can download an app for iOS and Android, or Google Chrome and desktop. But, be careful, there were hacks issues with this wallet in the past.
5. Exodus Wallet
Check out Exodus Wallet which is the world’s first desktop wallet for the cryptocurrency. While a lot of wallets are limited by the most famous Bitcoin and Ethereum, Exodus Wallet allows you to have a lot of digital currency their. It has a clean, modern user interface and internet connection. Besides, it features one-click email recovery.
Coinbase wallet supports Bitcoin, Ethereum, and Litecoin. It’s easy to setup and use. However, there are several limitations. The company itself will hold your private key which is not secure because you don’t have full control of your assets. It also does not supplies ETC (Ethereum Classic).
This is one more software wallet option for you. It connects to other wallets, such as KeepKey or Jaxx and generates new wallets. It has low security, and it has a limit in one public address. Note, your funds won’t be recovered if you visit a fishing site or lose your private key.
Mist is an open-source software wallet for Ethereum. It has a desktop version, high flexibility, and even Linux version. It’s more complicated for beginners than other wallets in this collection. Mist secures your funds with a private password which can’t be changed once it’s set.
MetaMask is a browser extension wallet for Ethereum. You can download the extension for Google Chrome, Opera, and Mozilla Firefox. It allows you sign transactions and manage identities. All the information is stored in your browser without company’s server which is secure. Watch the video on the homepage if you have problems to set up a wallet.
Here is a cold wallet option allowing you to save your cryptocurrency offline and print your private key. In a click of a button, the wallet will create a private and public key for you. You can print this information then and save it a secure place. For example, you can separate the key into two parts, and store one piece at home and the other piece in a bank.