BEST ETHEREUM WALLET – CREATE ETHEREUM WALLET ADDRESS
Ethereum currently has the most market cap after Bitcoin and is priced today at about 400$. Because of such high value of Ethereum, everybody wants its share in Ethereum. So naturally, this has increased the demand of Ethereum wallet. So here is the list of Best Ethereum wallet of 2017 where you can create Ethereum wallet address to store Ethereum.
I have divided Wallets according to the device they can be accessed, and according to their require specification.
There are four types of wallets.
1.Web wallet or Online wallet
WEB WALLET or ONLINE WALLET
Coinbase wallet has options for both Ethereum wallet and Bitcoin wallet. Coinbase Ethereum wallet is the most popular Ethereum wallet.
Coinbase is easy to use and very simple to setup, and they have their mobile application for mobile device users.
It is a web wallet and has a straightforward interface to navigate.
You can create Ethereum wallet address in minutes.
I have explained every feature of coin base wallet in my post on Coinbase Bitcoin wallet. Coinbase wallet is the easiest way to store your Ethereum.
All & All if you want Web wallet for day to day transaction than CoinBase Wallet can be rated as best Ethereum Wallet.
However, that said there are some shortcoming of Coinbase Ethereum Wallet
1.It is not available in every country
2.Private keys are not in your control as they are stored in coin base hosted servers, as it is the case with every online wallet.
3.Security is less compared to hardware wallet.
STEPS TO CREATE ETHEREUM WALLET ADDRESS ON COINBASE
1. Register at coin base
2. Get your Ethereum public address
3. Buy Ethereum at any Ethereum Exchange
4. Transfer your Ethereum to your address and store it there
You can also receive and send Ethereum to your Coinbase Ethereum wallet address.
MyEtherWallet is at second on my list of best Ethereum Wallet in Web Wallet category.
MyEtherWallet is different from Coinbase Ethereum Wallet.
Here you can control your private wallet keys on your system that’s why it is at second on my list of best Ethereum Wallet in Web Wallet category.
MyEtherWallet is also very easy to use and navigate. It also has a straightforward interface. You can easily setup it and can create Ethereum wallet address in minutes.
Most important part is it also offer the feature to create the paper wallet that lets you Ethereum more securely on your computer (either you are online or offline).
That’s where it is different from Coinbase Ethereum Wallet, which I mentioned before. Because paper wallet lets your private keys on your computer offline.
Ledger nano S is a hardware wallet.
Hardware wallet is the best options to store your coins.
I have explained all types of wallets in one of my post where you can learn all the difference between different kind’s of wallets (visit there).
Let’s come to this hardware Ethereum wallet.
Hardware wallet provides you two cryptographic keys one is a public key which is used to create Ethereum wallet address. Other is the private key which is like your password which always stays on your device.
As all hardware wallet Ledger nano S also lets you store Ethereum on the device itself. It store’s your private keys and whole your private data. It is the most secure way to store your Ethereum.
Security is so robust that you can use your ledger Nano S device even on compromised or hacked computer.
It is most inexpensive hardware wallet to store your Ethereum available on Amazon priced at 83.50 $ only.
NOTE- Ledger Nano S wallet is the best Ethereum wallet in hardware wallet category
Trezor Wallet is also a hardware wallet.
It was one of the oldest hardware wallets which were developed for Bitcoin.
But now it supports Ether, Dashcoin, Litecoin and other altcoins.
It is also a very secure wallet which gives full control over your coins.
The built-in display in the device also helps users to view other user reviews. It is durable, water-resistant and was designed to protect your coins from hacking even if it used on any compromised machine.
Trezor can only be activated when you log in with your Two-Factor enabled authentication password.
So Trezor Ethereum wallet is one of the most secure ways to keep your Ether coin offline.
You can create Ethereum wallet address after setting up your device. It existed in the wallet in the form of public key.
Trazor is priced at 89$ on Amazon.
KeepKey wallet is also a hardware wallet.It is also the best way to keep your coins secure.
It has a bigger screen than Ledger nano s and Trezor wallet and also is bit heavy.
It has robust security and has a user-friendly interface.
But it is costlier than both Ledger, and Trezor wallet and its plastic body also makes it vulnerable.
Like another hardware wallet, you can store your coins on the device, and you will always have full control over them as your private keys will never leave your device.
You can create Ethereum wallet address on the instrument itself. Rather it is provided by the device as a public key.
You will never have any security issue despite you accidentally used your device on a compromised machine because KeepKey wallet always protects your coins from any threat.
Keepkey wallet is priced at 123$ on Amazon.
Desktop wallet interface is a little bit tricky, but the desktop wallet is secure in a way as your private keys will be stored on your desktop and you will always have full control over your coins
Exodus Wallet is a fully multi-currency supported application built for your desktop. It is available for Windows, ios, and Linux.
It is the world first desktop wallet which supports multi – cryptocurrency.
It will create Ethereum wallet address as soon as you download it.
You will also find ‘ShapeShift’ a cryptocurrency exchange inside this wallet so you can exchange your coins inside it.
You can buy Ethereum from ShapeShift which is one of the world best Bitcoin exchange
You will also get backup seed keys in case you lost your private keys.
You can recover your wallet and all your funds with these backup seed keys.
All in All, this is one of the most secure ways to keep your Ethereum safe and will always have full control over them.
NOTE – EXODUS is best Ethereum wallet in Desktop Wallet category
‘There is no mobile version of Exodus Wallet available till now.’
Mist is a DApp (decentralized app) and also functions as an Ethereum wallet. Like Exodus, it is also a desktop wallet, so you have full control over your private keys.
It will create Ethereum wallet address after you will download and set up it.
It takes a while to get started with Mist wallet because after installation it synchronizes with all Ethereum nodes, when synchronization get complete it prompts you to set a password.
You always have to remember that password because if you lost your password, you wouldn’t be able to access Mist anymore.
Like Exodus wallet, you will also find ShapeShift built in Mist.
You can exchange your coins or can buy Ethereum in return of other altcoins.
Mist Wallet is available for Windows, ios, and Linux.
DESKTOP AS WELL AS MOBILE WALLET
Coinomi wallet is a multi-asset wallet that supports almost every cryptocurrency including Ethereum.
It has an exquisite design and very robust security features.
Like other desktop wallets, it will create Ethereum wallet after you set up it on your device.
It is available for Windows, Mac, Linux, Android, Apple mobile, chrome extension, Firefox extension.
Like other desktop wallets, it has ShapeShift Exchange built in where you can exchange your altcoins and can also buy Ethereum from there.
They also offer more anonymity than many wallets like no identity-linking, no IP or transaction tracking. You will always have full control over your coins as your private keys will never leave your device.
Jaxx wallet is a multi-asset wallet that supports 13 cryptocurrencies including Ethereum at the time of writing this post.
Jaxx wallet is also a desktop as well as mobile device wallet. It is available for Windows, ios, Linux, Android, Apple mobile, Chrome and Firefox extension.
Jaxx wallet provides a simple and intuitive interface for all altcoins it supports.
Like all other desktop wallets, your private keys will never leave your machine and never be shared with Jaxx server. They are about to launch a hardware wallet in a month or so.
Their development team always looks after adding new features and maintenance of the product.
JAXX is the one of the best Ethereum Wallet in all Ethereum Wallets.
ETHADress wallet is an open source wallet that will create a paper wallet for you.
This wallet is for those who want to store their Ethereum coins offline and want full control over them.
This wallet will create a pair of public and private key which you can save on your machine.
You can create Ethereum wallet address using the public key.
This wallet provides another option to encrypt your Private key so for accessing the wallet someone will need Password to decrypt them. Hence, your coins will always be protected from hackers.
ETHADress wallet is another option to keep your coins secure from an external threat.
A paper wallet is the cheapest way to store your coins.
NOTE – If you do day to day transactions and deal with a small amount of Ethereum than Coinbase wallet is best for you. Because of it’s easy to use interface and their security robust enough to keep your coins safe
If you deal with a lot of coins, then you should buy Ledger or Trezor wallet. Because they will always keep your currency secure.