Best Wallets for Ethereum

in cryptocurrency •  7 years ago 

The growing popularity of Ethereum is indisputable, and its rise, meteoric, ether today is the number 2 Cryptocurrencies by market capitalization, interest and in development. The platform created by Vitalik Buterin and his team has a combined daily volume of more than 24 million dollars.

It is natural that many enthusiasts of Bitcoin or new users have seen in Ether a great investment opportunity, however, it is not always easy to undertake in the world of cryptocurrencies, the technological barrier can be very great. In this article i will review the best wallets of Ethereum, so you can keep your funds safe and available at any time.

Undoubtedly, when looking for a purse we should always take a look at the integrated solution by default, in this case Ethereum comes standard with several alternatives, on the one hand we have Mist, the purse with graphical interface that, soon (Serenity ), Will be the browser to use to interact with Dapps (decentralized applications).

1. Mist

Mist is not only the reference wallet, it also serves to create and observe smart contracts, tokens (personalized), and is integrated with ShapeShift to be able to quickly exchange different cryptocurrencies by ethers. Undoubtedly, a complete option, the main drawbacks of Mist are because it is a complete implementation, which means that when you download, you must synchronize the chain of blocks of Ethereum, this is about 4 GB of additional data, this can be More or less fast depending on your internet connection.

To back up, simply save the files that are in the C: \Users\YOURUSER\AppData Roaming\Ethereum\keystore folder

Each .JSON file is an encrypted wallet, do not forget to write down the password you used when creating the wallet or your ethers will be lost forever. Mist is available on Windows, MacOSX and Linux.

More Info and Download HERE

2. Jaxx

Now you ask yourself: Is there any Ethereum wallet that is light and portable (Android, iOS)? 

The answer is YES, there is Jaxx, the first cross-platform Ethereum wallet. This lightweight wallet works on Windows, Linux, MacOSX, Chrome, Firefox, Android, and iOS. Jaxx combines in a single software a portfolio of Ethereum, Bitcoin and recently, DAO tokens.

Jaxx is developed by the Canadian company Decentral, which is creating a complete ecosystem of tools for the Ethereum network, including Jaxx, RocketDAO (a platform for creating and voting proposals in the DAO), tools and APIs for Ethereum, support for other tokens Of the network (Digix, MakerDAO, etc.) and finally, the first physical wallet of Ether (Hardware wallet).

Jaxx has a very simple interface, and it is handled with a 12-word security code or seed which must be kept well protected, with it you can access your funds in any platform, being able to restore your wallet if you lose it, you will Create a 4-digit PIN to authorize transactions and protect the seed. You can also synchronize your desktop wallet with your smartphone in a very simple way, to give you great mobility.

More Info and Download HERE

3. Coinbase

There is a good reason why Coinbase is the most popular online wallet for bitcoin and ethereum. The company started operating in 2012 and since then has not stopped growing. It is currently one of the safest online platforms to buy, sell, transfer and store digital currency. Upon signing up at Coinbase we get a free wallet for Ethereum and another for Bitcoin that we can view from our main account.

Your iOS and Android wallet has a polished design and comes with several additional features like real-time and historical price charts, bank-level security measures, ability to set price alerts, and all the usual features like sending and receiving Of payments.

The Coinbase wallet is perhaps the simplest option to get a free Wallet, it is easy to set up and use, although it has some limitations:

"The company will keep the private key of the wallet for you." This means that you do not have full control of your funds and Coinbase may decide to close your account if they detect any illegal activity.

*The Coinbase ETH wallet is not compatible with ETC (Ethereum Classic).

More Info and Download HERE

4. Exodus

Exodus is a portfolio compatible with Windows (64bits), Linux and MacOSX that allows storing multiple cryptocurrencies. With exodus you can store Bitcoin, Ethereum, Litecoin, Dash and Dogecoin in one place.

This wallet is free to use and has an attractive user interface and easy to use. As soon as you open the Exodus wallet, a pie chart will show you your portfolio of coins.

It supports seven total cryptocurrencies (including Ethereum), and is the first desktop portfolio that has ShapeShift incorporated for the exchange of cryptocurrencies. This means that we can convert any of the supported currencies quickly and simply, without having to leave the application.

It has some security features like one-click email recovery and backup keys to restore your wallet. As for limitations, it is not 100% open source. Many components within Exodus are open source, but not all.

When using Exodus, you will need to be connected to the Internet, but you do not need to worry because your private keys will never leave your PC, since unlike Coinbase, Exodus is a separate portfolio that stores the private key on your machine and not on any server external. This means that you will have total control of your cryptocurrencies.

More Info and Download HERE

5. MyEtherWallet

Finally we have MyEtherWallet, a service that allows you to create Ethereum wallets safely using your browser, the website does not transmit your information to the servers, so you can load the website and disconnect from the internet to create your purses, you can also Use the service to sign and send transactions, and manage your Digix and MakerDAO tokens.

It's an open source portfolio, with no third-party servers, where you can write and access smart contracts. It has a built-in exchange service that allows you to exchange Bitcoin to Ethereum (and vice versa), which is quite simple to use. You can also connect your hardware type wallet (such as Trezor or Ledger Nano S) to access your funds in the MyEther browsing environment.

More Info and Download HERE


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