The Top 10 Best Ethereum wallets (2022 Edition)

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Ethereum is now the second-largest and biggest Cryptocurrency after Bitcoin. After the recent price hike on the crypto market has increased the price and market cap of various other cryptocurrencies, including Ethereum. Therefore, many investors are considering crypto and crypto products in their portfolios. 

If you are also one of them who just started investing or planning to invest. Then most probably needs a wallet to store those currencies. There are many different crypto wallets in the market; you can consider any of these wallets free of cost. But, if you are confused while choosing a wallet among these options, you have come to the right place. 

This article has brought the 10 best Ethereum wallets out of among hundreds of options. You can consider any of these wallets depending upon your preferences or needs. 

Here Are The best Ethereum wallets

Coinbase

coinbase-Ethereum-wallets

Coinbase is undoubtedly one of the best crypto wallets available right now. It allows users to buy, sell, hold and purchase crypto at an affordable charge. The platform is currently available in more than 100 countries. Moreover, users can hold over 50 different Cryptocurrencies within the platform. 

The wallet can be accessed from any device, including IOS, Android, Mac, and windows. The wallet comes with an inbuilt portfolio manager, making it very easy to manage your Cryptocurrency within the wallet. When it comes to security, Coinbase never compromised on user assets. They store the vast majority of crypto into offline storage.

Now let’s look into the features of Coinbase.

Features

  1. Coinbase is secured by FDIC insurance, and it covers up to $250000 worth of crypto assets. 
  2. Coinbase supports 50 different cryptocurrencies on its platform.
  3. The wallet is available in more than 100 countries across the world.
  4. Coinbase comes with a portfolio manager that helps you track your investment within the wallet itself. 
  5. It also supports hardware wallets, including Ledger and Trezor.

ZenGo

zengo-wallet-ethereum

Most of you might not be familiar with ZenGo wallet as it was launched just a couple of years ago. ZenGo is a unique wallet that comes with keyless functionality. The wallet is consists of an advanced Cryptography model that ensures your investment is safe inside the wallet. Therefore, it eliminates the need to store private keys. 

The first thing that I would like to add about the wallet is its minimal design, which is easy to understand. Moreover, the transaction can be unsent before they are confirmed on the Blockchain. Besides this, the platform support over 70 different Cryptocurrency. 

Let’s look into the features that the wallet has to offer. 

Features

  1. There is 0% transaction fee on the Terra Coin.
  2. The wallet is available on both devices mobile phones and laptop computers.
  3. ZenGo supports over 70 cryptocurrencies on its platform.
  4. The new user will get $10 get cashback when they $200 worth of Bitcoin from the platform
  5. The wallet doesn’t support any hardware wallet on its platform.
  6. It also provides 4% APY interest on your Bitcoin.

Binance

binance-wallet-ethereum

Binance is one of the largest crypto exchanges in the world. One can buy, sell and trade hundreds of Cryptocurrency using their platform. Similarly, the platform is one of the advanced and safest Ethereum wallets. The wallet uses ERC20 protocol and makes it compatible with Web, IOS, and Android devices. 

Unlike other wallets, Binance has lower trading fees than any other wallet has. Moreover, users can also connect their hardware wallets onto the platform. Overall, it is the best Ethereum wallet on our list according to its advanced security features and lower transaction charges. Therefore, we have considered it into our list. 

Now, let’s look at the features of the Binance platform. 

  1. Binance has great compatibility when it comes to transacting crypto. Using Binance wallet, one can send crypto on any platform they want. 
  2. Their wallet is also compatible with hardware wallets, including Ledger and Trezor. 
  3. The wallet is incompatible with all the devices and browsers.
  4. It supports over 150 cryptocurrencies. 
  5. Easy and clean user interface. 
  6. NFT and Metaverse ready wallet. 

Ledger Nano

ledger-nano-X

Ledger Nano is one of the most advanced Ethereum hardware wallets that can be accessed from any device you want. When it comes to hardware wallets, Ledger has always been a leader for its innovative features and advanced security. Unlike other wallet hardware wallet is considered as one of the safest wallets.

Therefore, if security is one of your concerns while investing, then I will suggest Ledger Nano hardware. Moreover, it also has 2-factor authentication. You can manage and access your fund using Ledger MyEtherwallet. It supports all the platforms, including Linux, Windows, and Mac. 

Let’s look into the features that this hardware wallet has to offer.

Features

  1. It can be easily accessed via USB-Compatible devices.
  2. You can install up to 100 applications onto the wallet. This allows you to manage your portfolio into single USB hardware. 
  3. Currently, your fund can be managed using MyEtherwallet only. 
  4. It also has two-factor authentications.

Trezor

Trezor t-series-wallet

Trezor is the first hardware wallet developed especially for Bitcoin and Ethereum. The wallet supports hundreds of different Cryptocurrencies with top-notch features. When it comes to hardware wallets, many people think they are very less user-friendly. 

But, the Trezor hardware wallet is not like that; they come with great support and update that is worth your money. Yes, the downside with the hardware wallet is you need to purchase them, but it is a one-time investment. After this, you can store various types of Cryptocurrency including Ethereum. 

Here are some features of the Trezor wallet that you should know. 

Features

  1. It uses the ERC20 protocol to process and validate the transaction, and there are 100 types of cryptocurrencies available for trading. 
  2. It has a touch screen that saves your time while validating the transaction.
  3. It is compatible with Mac, Linux, Windows.
  4. The highly secure and isolated environment prevents your investment from Viruses, Malware, and hacker.
  5. One can physically approve or validate the transaction as well.

Kraken

kraken-wallet-ethereum

Kraken is another popular Software wallet platform for Ethereum. The reason why we have considered it on our list is because of the low trading fee and user-friendly features. Moreover, the wallet lets users to buy, sell and trade crypto within the platform. Therefore, depending upon the market situation, you can easily sell or buy Cryptocurrency as well. 

Kraken has 24/7 support which is another upside of the Kraken. Moreover, if you have a hardware wallet, then you can easily connect and install the wallet on your device. Currently, the Kraken supports around 87 different types of Cryptocurrency. The platform is compatible with any device, smartphone, laptop, computer, or any IOS device. 

Here are the features of the Kraken wallet that you should know before using Kraken.

  1. Kraken is a highly secure wallet with hardware wallet compatibility.
  2. It supports over 87 types of cryptos.
  3. It is the best wallet for people who are looking for margin trading.
  4. Compatible with Windows, Mac, and Linux. 
  5. NFT and Meta Verse ready wallet. 

Gemini

gemini-wallet-ethereum

Most of you might not be familiar with this Ethereum wallet called Gemini. Gemini was launched in the year 2015 as a cryptocurrency trading platform. Now they have successfully established themself as crypto trading and as a wallet platform. The wallet got its huge popularity after its news came into Time magazine. 

Currently, the platform lets users hold 40 different types of Cryptocurrency, including Ethereum. The reason why we have considered it in our list is that you will get up to 7.4% of interest upon your investment. When it comes to security, the majority of the asset is stored offline. 

Here are some features of the Gemini wallet that you should know. 

Features

  1. There is no minimum amount required while opening an account. You can open your account free of cost. 
  2. The platform also has referred program.
  3. The platform is available in around 60 different countries across the world.
  4. It provides a 7.4% return on investment. 
  5. Highly secure and store most of its currency offline. 

Coinsmart

coinsmart-wallet-ethereum

Coinsmart is another popular Ethereum wallet based in Toronto, Canada. Coinsmart is available in more than 15 different countries across the world. Currently, the platform supports 9 major cryptocurrencies, including Bitcoin, Ripple, and Ethereum. The only downside of Coinsmart wallet is that it is not supported in the US.  

The wallet supports almost any kind of withdrawal method, including E-transfer, Credit transfer, or bank and debit card. Similarly, there is no minimum deposit option in order to open a new account. It is Canadian banks back the platform, and they have implemented a good security system on the wallet. 

Here are some features that you should know before using it. 

Features

  1. Coinsmart provides 24/7 to their wallet users.
  2. It supported over 9 different types of Cryptocurrency. 
  3. Multiple deposits and withdrawal options, including credit and debit cards. 
  4. Instant verification of account within a day. 
  5. NFT and Metaverse Ready. 

Metamask 

metamask-wallet-ethereum

Metamask is undoubtedly one of the most popular Ethereum wallets available right now. It is a unique web-based decentralized wallet that allows users to access the wallet through the web browser. The platform can interact with any kind of decentralized app to validate the transactions. 

The wallet is supported in every major web browser, including Chrome, Firefox, and Brave browser. The best part of the wallet is its security. The platform lets the user access their Ethereum wallet using a secure channel. Besides this, the platform is also hardware wallet compatible. 

Here are some features of Metamask that you should know. 

Features

  1. Metamask supports every major Ethereum wallet.
  2. Compatible in chrome, Brave, and Firefox.
  3. You can also access the application from Android or IOS devices.
  4. The platform is integrated with various other exchanges, which help to find the best exchange rate for buying and selling Ethereum. 

Exodus

exodus-wallet-ethereum

Exodus is another popular and last Ethereum wallet on our list. Exodus wallet is best for you if you are new to crypto. Most of you might not be familiar with this wallet, as it was launched just a couple of years ago. 

But, the application comes with lots of amazing inbuilt features that help you manage your investment within the application. Furthermore, it is also compatible with the hardware wallet; therefore, you can easily connect and access your Ethereum. Besides this, the wallet is compatible with Linux, Mac, and Windows. 

Let’s, look at the features of Exodus.

Features

  1. It supports over 150 cryptocurrencies.
  2. It is compatible with both android and desktop computers. 
  3. It has advanced security protection to protect the investment of the user. 
  4. Minimal and easy-to-use user interface. 
  5. Exodus is Metaverse and NFT ready wallet. 

FAQ – Best Ethereum Wallets

Which is the safe Ethereum wallet?

It is normal to be afraid when you are investing in new things. But, it is one of the safest and secured assets available on the internet right now when it comes to crypto. Therefore, most popular wallets are safe and secure unless you share your password and important information with others. 

Is hardware wallet safe?

Yes, hardware wallets are very safe and secure as they involve multiple security layers, making it difficult to access crypto assets by any third party. 

Can I buy Ethereum from my wallet?

Yes, you can buy Ethereum from the wallet but not all wallets have this feature. Some wallets allow only holding Cryptocurrency and NFT products.

Conclusion

After considering various factors, including ease of use, NFT compatibility, Support, security, and Crypto. We have concluded these 10 Ethereum wallets, including Web-based, application-based, and hardware-based wallets. Depending on your requirements, you can choose any of these wallets. 

If security is your concern, I suggest you to go with hardware wallets as they are very safe and secure, and your investment will be stored offline. Whereas, if you actively buy and sell crypto, I suggest you go with an application or web-based wallet. Both the wallets are safe and secure; the only difference is their features. If you have any problems, drop your queries and problems on the comment.

Also If you find this article useful, share it with your friends and family on social media to help them to know about the best Ethereum wallets.

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