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Best Ethereum Wallet | ETH Wallets Review

Best Ethereum Wallet | ETH Wallets Review

What is Ethereum?

Ethereum is a platform that revolutionized the blockchain system. Its algorithm works in a way that allows the processing of given code and the creation of new operations. That’s how Ethereum makes it possible to make decentralized applications (dApps) using its platform. So, Ethereum is much more than a simple currency; it’s a tool. For the people interested in ETH solely for investment purposes, though, we have prepared this Ethereum wallet review. Hopefully, it will help you to find the best Ethereum wallet for managing your funds.


Parity Ethereum Wallet

To understand what Parity is we must know about smart contracts, the technology that has dApps running. To put it simply, smart contracts are pieces of code that are executed when certain requirements are met. They are used to facilitate any kind of financial transaction as there is no way to interfere with a program that is run on the blockchain. Due to this smart contract feature, most of the Ethereum wallets have a dApps browser implemented as that is what the blockchain is mainly used for. Parity Ethereum wallet is one such wallet. It is a desktop-based wallet that supports ETH, ETH-20 tokens, and, obviously, a dApp browser. They focus on security and new dApp development, so their wallet might not suit you for more mundane needs. You can check if the features of Parity are something you are looking for on the website

Ledger Ethereum Wallet

Ledger Ethereum Wallet

Ledger wallet for Ethereum is one of the most secure tools to keep the funds so it is almost necessary for big traders. With Ledger, cryptocurrencies are stored on a device that works offline. Ledger Nano S contains two-factor authentication, PIN code protection, and code words for recovery. Ledger Nano S is integrated with MyEtherWallet, so it allows you to send, receive and store tokens without having to create a new Ethereum wallet. It is compatible with Windows, macOS, and Linux. You may choose your own Ledger Ethereum wallet.


Guarda Ethereum Wallet

Guarda is a wallet that provides the widest array of platform and operating system choices. It works on Windows, macOS, and Linux, there is a web version and it is available on mobile (for both iOS and Android). Guarda is a cold-storage wallet with no access to customers’ private keys. They are stored in your device’s memory. Top that with the instant exchange feature and the option to purchase ETH with a USD card, and you will get a wallet that is perfect for everyday needs.


Mist Ethereum Wallet

Mist is the official Ethereum desktop wallet designed to securely store ETH and all of the ERC-20 tokens. It is easy to download, install and configure, as it does not require special technical knowledge. If you have ever thought about downloading ETH wallet and couldn’t make a choice consider this option. Mist was created by the ETH developers themselves and meant to provide the best experience with the coin. Be mindful that the first installation might take a while because with Mist, to create an Ethereum wallet it is required to download the whole blockchain. Learn more with the documentation on the official repository


If availability is all you want from Ethereum wallets then MyEtherWallet is the best solution. This is the most popular Ethereum web wallet and it allows you to log in to any device just with a login and password. As mentioned above it supports integration with Ethereum hard wallets. Other notable features include smart contracts support, instant exchange between ETH and DTC, and backup of Ethereum private keys on a personal computer, which provides greater security compared to similar wallets. To join the club of MyEtherWallet fans check out the info on their website

Paper Ethereum Wallet

Ethereum paper wallet
Paper wallets don’t lose their popularity among the Ethereum community. The main feature of such a wallet is that it provides cold cryptocurrency storage. A paper wallet does not have access to the network, which means that no one can steal your money on the Internet. At the same time, the generated public Ethereum wallet address is listed in the Ethereum system so you can receive transactions from other people. A paper wallet is a perfect choice for miners or traders who store many coins without accessing them much. One of the more trusted services to create a paper wallet is the MyEtherWallet paper wallet page.


MetaMask is another popular wallet among the Ethereum community. It provides quick access to the Ethereum network as an extension available on Google Chrome, Mozilla Firefox, Opera, and Brave. MetaMask allows you to store, receive and send ETH. One of the main advantages of the wallet is special password encryption and an option to store keys on a user’s computer. If necessary, they can be exported. For an advanced user, the wallet will seem intuitive, but it will take time to figure out how this Ethereum wallet works for beginners. However, there are not many alternative options, not many to be able to access your funds from the browser. If MetaMask is the option just for you go to its website.