Top 10 Best Ethereum (ETH) Wallets 2021

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.

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.

How do I get an Ethereum address?

To get an Ethereum address, simply download or buy a wallet! Whether it’s custodial or not, you’ll get your own address to receive ether funds.

How do I fund an Ethereum Wallet?

Usually, you’ll need to register with a crypto exchange, make a bank transfer or card transaction, and then transfer the funds to your wallet. With CryptoWallet, you can simply top the app up directly on your phone.

How do I send Ethereum?

To send Ethereum, enter the recipient’s Ethereum address (public key), choose the amount you want to send, and confirm the transaction.

What is Ethereum cold storage?

Cold storage refers to storing funds offline. Hardware wallets are an example of cold wallet storage, while online wallets are often called “hot wallets.”

What is an Ethereum paper wallet?

Paper wallets are simply piece of paper with an ETH address printed or written on it. Paper wallets are basic, offline solutions that are easy to lose or destroy by accident, and these types of wallets are no longer in common use.

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!

Download Our App Today and Get Started!
Ethereum Wallet App