The Top 12 Best Ethereum Wallets (2021 Edition)

Ethereum currently has the second largest market cap after Bitcoin.

Because of this, many investors are now flocking to Ethereum. Naturally, this has surged demand for more secure Ethereum wallets.

And in my opinion, this is what all secure cryptocurrency wallets need to have:

• Private keys – Wallets where you control your private keys.
• Ease of use – Elegant UI for ease of use.
• Development community – Active development community.
• Backup & security – Backup and restore features.
• Compatibility – Compatible with different operating systems.

I believe that if a wallet doesn’t have any one of these things, your coins could be at risk and you could give yourself a major headache. When looking for wallets, make sure that the above requirements are met before you store your coins there.

Here I have listed out the best wallets for Ethereum. They all meet the above requirements.

Before that, here are the top exchanges with the Ethereum market:

The Best Ethereum Wallets Available

1. Ledger Nano X

This is the most modern ETH hardware wallet that you could get. Ledger has been a pioneer in the industry of hardware wallets and they support Ethereum all the tokens of Ethereum chain.

Right now Ledger Ethereum integration is available via MyEtherwallet which makes it easier for you to manage your Ethereum coin. Apart from ETH, you can also store many other coins.

This is the successor of popular Ledger Nano S. The major difference is it has battery and bluetooth, so mobility has increased significantly. Moreover, you can manage more Coins at the same time.

Using Ledger Nano X is as easy as the Ledger Nano S which I have mentioned below. The price is only $119 and all future firmware updates are free. The price also includes free shipping.

2. Ledger Nano S (Hardware Wallet)

The Ledger Nano S is one of the most inexpensive Ethereum hardware wallets available ($59). Here, Ether is stored offline on the device. Whenever you want to spend Ether, Ledger signs it using the private key stored on the device.

You can store both ETH & ETC. I have published a few vidoe guide on using Ledger Nano S that you must check out. This will help you to learn everything about Ledger Nano S.

The best thing about the Ledger Nano S is that it comes with a small OLED screen which allows you to control your transactions. The security is so robust that you can use your Nano S device even on a hacked computer.

3. Trezor (Hardware Wallet)

Trezor was the first hardware wallet invented for Bitcoin. However, now Trezor can be used for Ethereum too with the MyEtherWallet web interface.

It also stores Ether offline on a secure electronic chip which can be activated only when you log in with your password.

It is a very light and portable device.

It comes in 3 colors – white, gray, and black – and costs $99.

4. Atomic Wallet (Desktop and Mobile)

Atomic Wallet is an ultimate solution for Ethereum and ERC20 tokens. The wallet enables you to store, exchange and buy ETH with a bank card. In future, Ethereum will be available for swapping with Atomic Swaps, a fully decentralized way for exchanging cryptos without involving intermediaries.

Atomic Wallet supports over 300 cryptocurrencies and provides you with its interface for all ERC20 tokens. Basically, you can input a contact address and have your custom coin in your Atomic Wallet. The wallet encrypts your private keys on your device and gives you full access and control over your funds.

Atomic Wallet is available almost for any desktop operating system and will be on Android and iOS devices.

5. Guarda (Desktop + Mobile)

Guarda is a non-custodial wallet for storing Ethereum. The Guarda wallet has an intuitive interface and offers a high degree of protection. The wallet is available for Desktop, mobile and web interface is also available.

When you setup Guarda wallet, you are the only one who controls the private key. This way, you are in complete control of your Ethereum coins and other coins if you wish to store on Guarda. No personal information is required to use Guarda wallet which has become a De facto standard among all top Ethereum wallets.

6. Argent

Argent is the most modern mobile wallet for Ethereum. This is one unique ETH wallet which is non-custodial but it doesn’t let you store the private key. The wallet is configured using your Email address and mobile number and can be recovered using the same.

The unique feature about this wallet is integration with compound.finance which let you lend your Ethereum and let you accumulate interest. The wallet also has a dAPP browser and if you want your non-techie family and friend to use a Ethereum wallet, this is the easiest one for them and for yourself.

7. Exodus (Desktop Wallet + mobile)

Exodus is the world’s first multi-cryptocurrency desktop wallet. It is free to use and has an attractive UI. As soon as you open the Exodus wallet, a pie chart will show your entire portfolio of coins.

It supports seven cryptocurrencies (including Ethereum) and is the first desktop wallet to have ShapeShift built in for exchanging cryptocurrencies.

However, while using Exodus, one needs to always be connected to the internet, but you need not worry as your private keys never leave your machine.

Features like one-click email recovery and backup seed keys for restoring your wallet ensure the security of your funds.

Update: Exodus now supports close to 100 cryptocurrencies! They also have multiple exchange partners (not just ShapeShift), which means they can offer more exchangeable assets. Sourcing liquidity from various partners has made exchanging in Exodus faster and more reliable.

They also do not require a personal email – this is an option for those who wish to receive the email backup link. Any email address can be used – or none at all! The email is only used once to send the backup link. Privacy is very important to Exodus and they do not store any customer personal data – not even the email address.

Exodus users can also send funds to and receive funds from smart contracts.

8. Jaxx (Mobile Wallet)

Jaxx is a multi-asset wallet created by the Canada-based company, Decentral. It supports 13 cryptocurrencies (including ETH) and has an elegant design with robust security features.

On Jaxx, private keys never leave the device, and features like seed keys enable you to restore your funds whenever required.

It has an amazing development community which looks after innovation and maintenance of the product.

Jaxx wallet is available for Android, iOS, Mac OS, Windows, Linux. They are also launching a hardware wallet in the coming months.

9. MetaMask (Desktop Wallet + mobile wallet)

MestaMask is one of my favorite Ethereum wallets.

It is like a browser to access the Ethereum network. It not only enables you to store and send Ethereum, but also allows you to access decentralized Ethereum apps.

It has an intuitive design where you can switch quickly between a test network and the main Ethereum network. Here is a video showcasing how MetaMask works:

The private keys are password encrypted and are stored on your machine, which you can export at any time.

10. MyEtherWallet  (Web Wallet)

MyEtherWallet is different from other traditional web wallets.

Why? Because unlike other web wallets, here you control Ethereum’s private key on your machine.

It is an open-source wallet, with no third-party servers, where you can write and access smart contracts. Harsh has written an article about this here. It has an inbuilt BTC to ETH (and vice-versa) swap facility. You can also connect your Trezor or Ledger Nano S to access your funds in MyEther’s browser environment.

11. Coinbase (Web Wallet)

Coinbase is one of the most popular Bitcoin web wallets. This year, they have also included Ethereum support.

It is a cheap and fast way of storing Ethereum, provided that they serve your country. You can check if their service is available in your country over here.

If it is, follow these steps to use Coinbase:

• Register at Coinbase.
• Get your public address.
• Transfer your ETH to Coinbase’s public address.
• Store ETH on Coinbase.

However, the drawback is that the private keys are not in your control because they are stored on Coinbase’s hosted servers.

That said, it’s a decent way to store ETH for the short term. If you planning to hold Ethereum for the long term, you should use Paper wallet method or use a hardware wallet like Ledger Nano X.

12. KeepKey (Hardware wallet)

KeepKey is the costliest Ethereum hardware wallet available ($120). It keeps your ETH in a secure offline environment and offers the same features as the Ledger Nano S or Trezor.

It has a bigger screen than its other two competitors and is a bit heavy (i.e. not easy to carry around).

KeepKey’s plastic body makes it vulnerable to damage if it is accidentally dropped, but if you like its interface, it may be the right wallet for you.

The Top 12 Ethereum Wallets

Ethereum is only 5 years old and is still pretty young in the market. That’s why the wallet ecosystem has very limited options right now.

But I am very sure as the technology matures, new Ethereum wallets and will be available for each type of user.

Be on the lookout for exciting Ethereum news!

I hope this list of Ethereum wallets will help you make the right decision when choosing where to store your Ether tokens. I would love to hear your experience if you have used any of the above wallets or any other Ethereum wallet. Do let me know your thoughts in the comments below!

And if you find this post useful, do share it with your friends on Facebook & Twitter! 

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Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. He founded CoinSutra in 2016, and one of the industry’s most regarded professional blogger in the fin-tech space.

An award-winning blogger with a track record of 10+ years.  He has a background in both finance and technology and holds professional qualifications in Information technology.

An international speaker and author who loves blockchain and crypto world.

After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.

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