What is the best Ethereum wallet?
After investing in Ethereum, it is wise to take your Ethereum off of the exchange and store it in a personal wallet. If you have your Ethereum stored in a personal wallet, you are not at risk of losing your Ethereum due the exchange being hacked.
- Read: Ethereum Buying guide
There are two types of Cryptocurrency wallets you can use. Digital wallets and Physical wallets. Digital wallets are free, but they are susceptible to being hacked or lost. Physical wallets are a safer choice as you have the physical wallet which is hard to lose, and if you have to use the physical wallet to acces your Ethereum so it’s near impossible to steal your Ethereum if you are using a physical wallet.
The Ledger Nano S is great for several reasons. First off, you can use this wallet for more than just Ethereum. You can use this wallet for Bitcoin, Ethereum and many other Cryptocurrencies. This wallet is also extremely intuitive and easy to use. This wallet is my choice for the best Ethereum wallet. If you are a big investor in Cryptocurrencies, this wallet is a must. Click here to see more about the Ledger Nano S.
Just like the Ledger Nano S, this is a physical wallet so it is much more secure than any digital wallet. You can also use this wallet for Bitcoin, Ethereum and other Cryptocurrencies. This wallet would be the runner up for the best Ethereum wallet. Click here to see more about this wallet.
If you are interested in a digital wallet, the Exodus wallet is the way to go. Exodus is an intuitive, multi Cryptocurrency wallet.Exodus supports seven Cryptocurrencies, which of course includes Ethereum. Exodus is one of the best Ethereum wallets and it is extremely secure. Although not as secure as physical wallets, Exodus is free. Click here to see more about Exodus.
MetaMask is a wallet in the form of a browser plugin. This simple to use browser plugin allows you to store your Ethereum easily and access it quickly. Although it only allows you to store Ethereum and Ethereum based tokens, it is extremely intuitive and one of the best Ethereum wallets that isn’t physical. Click here to see more about MetaMask.
If you are looking for the best security possible, a physical wallet is a must. But if you want to store your Cryptocurrency solely digitally, both Exodus and MetaMask are great choices for any Ethereum investor.