Top 10 Best Ethereum (ETH) Wallets 2022

It’s an exciting time to invest in Ethereum, with ETH 2.0 on the way and the ether currency breaking new all-time highs in 2021. So what’s the best way to store your ether? Below, you’ll find a detailed list of the best Ethereum wallets on the market today. We factored in security, convenience, added features, and ease of use when choosing these solutions — time to dive in and get your ETH wallet!

What is the Best Ethereum Wallet?

Choosing an ETH wallet can be tricky, or even overwhelming. There are a lot of options, and the technology can be daunting to newcomers. A good place to start is the terminology: Ethereum is the network and ether (ETH) is the currency.

Ether (ETH) is the cryptocurrency currently ranked #2 by market cap, making it a popular investment choice. Let’s take a look at some of the great wallet options out there for ETH investors.

Related: Best Bitcoin Wallets

What’s an Ethereum Wallet?

An Ethereum wallet is a computer program that stores the information you need to access your ether funds. This includes a public key, somewhat similar to a bank account number, and a private key, similar to a password.

When you want to receive crypto, you’ll need to provide your public key, and when you send it, you’ll use your private key.

Best Ethereum Wallet: Why is Security so Important in the Crypto World?

Security is paramount in crypto. The nature of blockchain technology means that transactions cannot usually be reversed or canceled after sending. Typical banking services such as “chargeback” do not apply to crypto. It can also be very difficult to trace stolen or missing crypto funds.

For those reasons, protecting the funds at the source is important, and that means choosing a good wallet.

Are Hardware Wallets Worth Investing in?

Hardware wallets are suitable for users who want to keep large sums of cryptocurrency “offline” to add an additional layer of security. Of course, it takes longer to move funds from a hardware wallet than a software wallet. Many users choose to keep some in a web, mobile, or desktop wallet for trading or spending, storing the rest in a hardware wallet.

Top Hardware Wallets for Cryptocurrency

Hardware wallets are the safest way to store Ethereum. A hardware or “cold” wallet is a physical offline device that stores your keys. This makes them extremely difficult to hack. 

To access and use your Ether you’ll need to connect your wallet to an online device like a computer or phone. This ensures the safety of your funds, however, some investors can find this inconvenient for quick trading. This is why many traders use an assured software wallet like CryptoWallet for convenience. 

If you’re looking to choose the top hardware wallets, it’s important to find one that suits your needs. Trezor and Ledger manufacture a variety of tried-and-tested hardware wallets. Both companies offer wallets with a range of different features that might suit you depending on your budget and needs. 

Trezor wallets must be connected using a USB cable and the Trezor Wallet desktop app. Android users may be able to connect their wallet using WebUSB but iPhone owners will have to use a computer. This can be inconvenient for traders who wish to capitalize on sudden market changes. Trezor is an ideal choice for security-concerned users.

Ledger is Bluetooth-enabled and comes with both a desktop and mobile app (for Android and iPhone) called Ledger Live. This makes it slightly more convenient to use especially if this is your first hardware wallet.

Best Way to Store Cryptocurrency

With a wide variety of ways to store cryptocurrency, it’s hard to know the best option. When looking at wallets, it’s important to factor in your requirements such as price, security, ease-of-use and convenience. 

Hardware wallets are the most secure option available. Your keys are stored offline in a physical device. However, you need to connect this device to a computer or mobile to use them, which can be inconvenient.

As a result, many traders use a software wallet. With a software wallet your keys are stored online and you can access them anywhere. They can be more susceptible to being hacked as a result. Some reputable exchanges have insured assets held in their hot wallets to tackle this issue. 

Many investors choose to use a hardware wallet to store the bulk of their assets. They then employ an assured software wallet for convenience and the ability to capitalize on any sudden market changes quickly. This means the majority of their assets are stored in a secure hardware wallet and the rest of their funds are assured but easily accessible through their hot wallet. 

CryptoWallet lets you easily trade and store multiple currencies including Ethereum and Bitcoin while protecting any tokens held. It’s one of the most secure and convenient ways to store cryptocurrency. 

Our List of ether Wallets

Here are the Best Ethereum Wallets detailing their features and advantages.

2 Trezor Model T

Trezor is another hardware wallet that stores funds offline on a USB flash drive.

  • Type of wallet: Hardware
  • Purchase cost: £169
  • Own exchange incorporated: No
  • Ease of Use: Advanced

Pros (What We Like)

Like Ledger, Trezor offers an added layer of security over many software wallets by making it more difficult for hackers to gain access to funds.

Cons (What We Don’t Like)

Trezor’s security comes with a tradeoff for ease of use and accessibility, making it unsuitable for quick trading.

3 Ledger Nano X

The Nano X by Ledger is a hardware wallet that supports Ethereum among other cryptocurrencies.

  • Type of wallet: Hardware
  • Purchase cost: £109
  • Own exchange incorporated: No
  • Ease of Use: Advanced

Pros (What We Like)

Like all hardware wallets, Ledger offers security rivaled only by custodial cryptocurrency wallets. These wallets are devices that plug into a computer like a USB flash drive, and once the software is installed, it can be used to store crypto.

It’s not possible to hack these wallets through the internet unless the hacker knows the backup password, called a seed phrase, for the wallet. There are cheaper options available from the company, such as the Nano S for £54.

Cons (What We Don’t Like)

It can be a bit tricky to set up and use hardware wallet. Users that only store crypto on hardware wallets will also find it frustrating to miss potential trading opportunities, as it takes some time to move funds from these wallets to cryptocurrency exchanges.

Finally, if a user loses the seed phrase that comes with the wallets (typically written on a piece of paper), they have no backup and the destruction or loss of the wallet would eliminate their funds.

4 Atomic Wallet

Atomic Wallet is a popular storage solution that supports multiple cryptocurrencies.

  • Type of wallet: Desktop wallet, mobile
  • Purchase cost: Free
  • Own exchange incorporated: Yes (atomic swaps)
  • Ease of use: Easy

Pros (What We Like)

The wallet supports hundreds of cryptocurrencies as well as atomic swaps for certain currencies, meaning one crypto can be exchanged for another.

Cons (What We Don’t Like)

It’s non-custodial, so while users own their own keys, there is no support available if something goes wrong. It doesn’t have security features like 2FA or multi-signature.

5 Guarda

Guarda is a multi-currency wallet suitable for the storage of different coins and ERC-20 tokens.

  • Type of wallet: Web, mobile, desktop
  • Purchase cost: Free
  • Own exchange incorporated: Yes
  • Ease of use: Easy

Pros (What We Like)

Guarda offers users the option to access funds on desktop or mobile devices as well as through an internet browser. Unlike most non-custodial options, it offers customer support.

Cons (What We Don’t Like)

Like most wallets, it’s not possible to spend funds from Guarda directly on real-world goods or services, making it a no-frills storage solution only.

6 Argent

Argent is a non-custodial smart wallet for ETH.

  • Type of wallet: Web, mobile
  • Purchase cost: Free
  • Own exchange incorporated: No
  • Easy of use: Easy

Pros (What We Like)

While there’s no exchange, users can access various decentralized applications through the app, including DeFi platforms for borrowing and lending cryptocurrency.

Cons (What We Don’t Like)

Argent supports ETH and ERC20 tokens only, with no support for other digital assets.

7 Exodus

Exodus is a versatile wallet and exchange for cryptocurrencies.

  • Type of wallet: Desktop, mobile
  • Purchase cost: Free
  • Own exchange incorporated: Yes
  • Ease of use: Easy

Pros (What We Like)

Exodus supports many cryptocurrencies, and Exodus users have access to customer support and crypto trading through the built-in ShapeShift exchange.

Cons (What We Don’t Like)

Exodus has no 2FA security measures in place, nor does it offer support for fiat currencies like pounds or euros.

8 Jaxx

Jaxx is a mobile wallet for storing ether and other coins.

  • Type of wallet: Mobile
  • Purchase cost: Free
  • Own exchange incorporated: No
  • Ease of use: Easy

Pros (What We Like)

Like MetaMask, Jaxx links to third-party exchanges so you don’t have to wait to transfer your funds from Jaxx to trade. The wallet supports multiple different crypto coins as well as ether.

Cons (What We Don’t Like)

Jaxx doesn’t offer two-factor authentication, a security feature that requires you to receive a code to your phone or Authenticator app before sending a transaction. The wallet doesn’t support fiat currencies like GBP or USD, only crypto tokens.

9 MetaMask

MetaMask is a web (browser) wallet for ether.

  • Type of wallet: Web
  • Purchase cost: Free
  • Own exchange incorporated: No
  • Ease of use: Intermediate

Pros (What We Like)

MetaMask is a browser extension that grants access to the Ethereum blockchain through Google Chrome, Vivaldi, Mozilla Firefox, and Brave. While there’s no exchange, the wallet is linked to the Coinbase and ShapeShift exchange.

Cons (What We Don’t Like)

While convenient once it’s up and running, the setup process is a little complicated. MetaMask only supports ether and ERC20 coins.

10 MyEtherWallet

MyEtherWallet is an open-source wallet for storing ether.

  • Type of wallet: Mobile and desktop
  • Purchase cost: Free
  • Own exchange incorporated: No
  • Ease of use: Easy

Pros (What We Like)

MyEtherWallet is well-established and offers support for hardware wallets like Trezor and Ledger. Technically, funds are stored on a user’s computer rather than on a server, making this one of the more secure non-custodial solutions. The code is also open source.

Cons (What We Don’t Like)

This wallet is for ether and ERC20 tokens only, and doesn’t support other coins. MEW also has no customer support in case funds are lost, so users must be careful with their recovery passwords.

Ethereum Wallet FAQs

Any questions? Take a look at some of the common queries people ask.

What is a Ethereum Wallet?

An Ethereum cryptowallet is used to hold ETH cryptocurrency tokens. Rather than being a bank account, an Ethereum wallet is an application that stores the information you need to access and use your ether funds.

You need a crypto wallet to conduct transactions with your ether coins. The wallet lets you interact with your ether funds on the Ethereum blockchain. It lets you read your balance, make transactions and connect to dApps.

An Ethereum wallet includes a public key, similar to a bank account number and a private key, similar to a password. When you want to send ether you’ll use your private key , and when you want to receive crypto, you’ll need to provide your public key to others. 

If you lose your private key, you lose access to your crypto funds which is why it’s important to keep your private key secure or use a custodial wallet like CryptoWallet that will keep your private key safe. 

There are many different types of wallets to store ETH. The main two types are online or “hot” wallets where you can access your funds on the web or using a mobile phone or desktop and, secondly, offline or “cold” wallets which are physical devices used to store the information needed to access your holdings.

We’ve put together some of the best hot wallets for cryptocurrency as well as some of the best hardware wallets so you can choose the best crypto wallet to hold your funds. This way you can do your research to find the perfect wallet for you!

With CryptoWallet you can access your ether funds on mobile wherever you are and spend in stores and online. We believe we have created one of the best eth wallets that you can use easily wherever you are.

How to Get an Ethereum Wallet?

There are many ways to get an Ethereum wallet. It can be as easy as installing an application on your mobile phone or desktop. Many wallets are also available as an extension for your web browser. With just a few clicks your software wallet will be automatically created and you can start receiving and using your ether right away.

Mobile wallets let you carry your ETH wherever you go and spend it easily online and in store. With CryptoWallet, payments can be made using the mobile application or with a crypto debit card meaning you will always have access to your ethereum. Setting up your Cryptowallet takes a matter of seconds and you can purchase ETH using fiat money meaning you can start using your ether right away!

You can also purchase a hardware or “cold” wallet online. A hardware wallet is a small portable device that can be plugged in or connected with bluetooth to access your eth funds. Once you’ve purchased your wallet it will be shipped to you for setup. With a hardware wallet your information is kept securely offline which makes it less susceptible to hacks and keeps your private key safe.

Some Ethereum wallets can involve a lengthy setup or waiting period before you can use your ether. Hardware wallets often involve an advanced knowledge of the technology behind cryptocurrency. We’ve compiled a range of the best crypto wallets so you can choose the best cryptocurrency wallet for you.

How to Get an Ethereum Wallet?

There are many ways to get an Ethereum wallet. It can be as easy as installing an application on your mobile phone or desktop. Many wallets are also available as an extension for your web browser. With just a few clicks your software wallet will be automatically created and you can start receiving and using your ether right away.

Mobile wallets let you carry your ETH wherever you go and spend it easily online and in store. With CryptoWallet, payments can be made using the mobile application or with a crypto debit card meaning you will always have access to your ethereum. Setting up your CryptoWallet takes a matter of seconds and you can purchase ETH using fiat money meaning you can start using your ether right away!

You can also purchase a hardware or “cold” wallet online. A hardware wallet is a small portable device that can be plugged in or connected with bluetooth to access your eth funds. Once you’ve purchased your wallet it will be shipped to you for setup. With a hardware wallet your information is kept securely offline which makes it less susceptible to hacks and keeps your private key safe.

Some Ethereum wallets can involve a lengthy setup or waiting period before you can use your ether. Hardware wallets often involve an advanced knowledge of the technology behind cryptocurrency. We’ve compiled a range of the best crypto wallets so you can choose the best cryptocurrency wallet for you.

Are Hardware Wallets Worth Investing in?

Hardware wallets are ideal for users who hold a large amount of cryptocurrency and want an additional layer of security to keep their funds safe. A hardware wallet is a small portable device that can be connected to access your funds. 

With a hardware wallet your information is kept securely offline which makes your ETH less susceptible to cyber attacks.

Choosing the best hardware crypto wallet can be difficult with a wide range available and it is important that you purchase one from a trusted vendor. Otherwise your wallet could come preloaded with viruses and you could lose your ether. We’ve included some of the top ethereum hardware wallets in our list. 

Once you purchase a hardware wallet it will be shipped to you for setup. Some hardware wallets will connect you to their website to set up your hardware wallet but others can involve an extensive knowledge of blockchain technology. 

Your private key will be secured by a pin or passphrase. This means that if anyone else gains access to your hardware wallet, your funds will remain safe!

While a hardware wallet is one of the most secure options out there, the cost of purchasing a hardware wallet is much greater than any software wallet. It also takes longer to move your funds using a hardware wallet and can be inconvenient to use.

If you’re looking for a more convenient wallet that is still secure, CryptoWallet lets you access your funds with ease and all your funds are insured by BitGo, a top digital asset protection provider.

Is Ethereum Wallet Free?

Not every ethereum wallet is free to access and use! There is a cost involved with the hardware of an offline wallet and some online wallets will involve a flat or fixed fee for usage. 

An ether hardware wallet can cost up to $200 for the device but can be a more secure way of storing your funds. For users who wish to access their funds quickly for trading or store smaller amounts of cryptocurrency, a software wallet will be more convenient and cheaper. 

Software wallets are available online for much less. Often exchanges will provide their own wallet for a small flat fee or even free. However, often these wallets are custodial meaning that the exchange manages your funds. 

This makes it important to know that your funds are strongly protected. With CryptoWallet, you can be comfortable in the knowledge that all your eth are insured and protected by BitGo, a leading digital asset protection company. We believe we’ve created one of the best free mobile wallets available today!

We’ve put together a list of the top 10 crypto wallets including some of the best free wallets so you can choose the right paid or free Ethereum wallet for you.

Card Wallet Crypto

CryptoWallet covers a wide range of features — you can download the app, order the card, and fund your wallet with crypto all from your phone.

Want to pay your rent and bills in crypto? No problem — you can open your own dedicated IBAN (international bank account number) through the CryptoWallet service and transact with euros and pounds sterling through our app.

Any time you’re low on fiat, you can spend crypto at a cash point in a store or online for any purchase. When you’re low on crypto but flush with crypto, you can simply buy crypto instantly from your phone.

CryptoWallet users are a growing community worldwide interested in a card, wallet, crypto solution that bridges the gap between crypto and the everyday world. Crypto has been viewed as mysterious and impractical for years due to how difficult it has been to actually spend it as real money.

Now, users can simply go to the store and go shopping with their BTC funds like they would any other currency. Crypto adoption is finally here! Download the CryptoWallet app to try it out — CryptoWallet is available on both Android and iOS devices from the Google Play and Apple Store respectively.

What is the crypto wallet with the lowest fees?

With hidden fees, purchase cost and conversion rates, it’s hard to know what is the crypto wallet with lowest fees. Some software wallets are available for free while others charge a flat or fixed fee.

Hardware wallets often come with a hefty initial purchase fee of around $50-$200. They usually have no fees after this point. However, if you buy tokens on an exchange and transfer them to your hardware wallet, the exchange may charge a substantial fee. It’s important to factor in exchange and gas fees when buying Ether online.

Software wallets are usually free to set up and easy to use. Although they are more convenient, they are more vulnerable to cyberattacks than hardware wallets. Exchanges will often charge a fee to move tokens from the exchange to your wallet.

Exchange-incorporated wallets are often the cheapest option. These custodial wallets are managed by the exchange themselves and the exchange will often charge very low fees as a result.

CryptoWallet offers an assured custodial wallet as a great option for users looking for low fees, convenience and security. CryptoWallet supports Ethereum and other high-cap cryptocurrencies with our free crypto wallet. Our mobile and desktop apps are free to download and all assets held are assured by BitGo. This makes it one of the best free crypto wallets available today.

What is the best cryptocurrency wallet?

Every cryptocurrency wallet will have unique features and levels of protection. Some wallets emphasize convenience, while others prioritize security above all. The best crypto wallet will be the one that meets your needs.

If you want the most secure crypto wallet, a hardware wallet is the way to go. These are physical devices that store your keys offline. As a result, they are less vulnerable to hackers or viruses. To fully utilize your assets, you will need to link them to an internet device, which could be inconvenient.

As your keys are stored online and you can access your assets from anywhere, software wallets provide far more convenience. They are often simpler to use and set up than hardware wallets. Their constant online connection, on the other hand, leaves them more vulnerable to cyberattacks.

We don’t believe you should have to choose between security and convenience at CryptoWallet. Which is why we have protected all funds stored in our easy-to-use software wallet. Our wallet lets you store and trade the top 5 cryptocurrencies (by market cap). You can have peace of mind knowing all your crypto assets will be assured by BitGo.

Ethereum Wallet App

You can open an ETH wallet by downloading our app and filling in your details.

That’s all! You’ll have a secure ETH wallet that can store, send, and receive ether in no time.

Our Ethereum wallet app connects to a crypto debit card which you can order in-app, and you can top up your wallet with crypto, wire transfer, or a regular debit card.

Opening a wallet with CryptoWallet is easy. Download the app and get an Ethereum wallet today!

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Ethereum Wallet App