If you’re looking for the best ETH wallet for buying, storing, or staking, this guide compares the top Ethereum wallets on factors like security, cost, and ease of use. Whether you want a good Ethereum wallet for beginners or advanced features for DeFi, we’ve got you covered.
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Which crypto wallet is best for Ethereum?
We found that the Ledger Nano X excels overall if you’re seeking offline security plus broad asset support, making it a compelling balance of safety and functionality. However, if you prefer frictionless dApp interactions, MetaMask stands out as one of the best Ethereum wallets for web-based convenience.
Note: Details are subject to change; always check with each platform for the most up-to-date information.
Best Ethereum wallet reviews
Below are in-depth looks at each Ethereum wallet, including highlights and potential drawbacks. We also note why our experts selected each option to help you find a good Ethereum wallet for your unique needs.
See our expert picks of the best crypto wallets.
Exodus
Best Ethereum wallet for beginners
Type of Wallet: Software (Hot)
Other Supported Networks: Bitcoin, Litecoin, and more
Fee to Buy Ethereum: Depends on the partnered exchange or provider
Exodus features one of the most intuitive interfaces on the market, making it an appealing choice for those new to the crypto space.
– Pros & Cons
Pros
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Attractive, user-friendly design
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Built-in swap feature supporting multiple assets
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Good customer support
Cons
– Why our experts picked it
Exodus offers an easy learning curve, which is crucial if you’re dipping your toes into Ethereum for the first time. The combined desktop and mobile app coverage also provides a fluid experience across devices.
Ledger Nano X
Best Ethereum wallet for security and multi-currency support
Type of Wallet: Hardware (Cold)
Other Supported Networks: Over 1,500 cryptocurrencies (e.g., Bitcoin, Litecoin)
Fee to Buy Ethereum: Varies by external on-ramp or Ledger Live partner
Renowned for offline security, the Ledger Nano X stores your private keys in a secure chip, making it a go-to for safety-conscious investors.
– Pros & Cons
Pros
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Top-tier security measures
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Bluetooth support for mobile usage
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Compatible with Ledger Live for easy portfolio management
Cons
– Why our experts picked it
We value the Nano X for its unmatched balance of security and usability. If safeguarding assets is your top priority, this hardware wallet leads the field.
Type of Wallet: Software (Hot)
Other Supported Networks: Ethereum, BNB Chain, Polygon
Fee to Buy Ethereum: Varies by integrated swaps or fiat gateways
MetaMask is one of the most popular browser wallets, streamlining access to DeFi platforms and NFT marketplaces.
– Pros & Cons
Pros
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Simple token importing for ERC-20s
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Huge ecosystem of supported dApps
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Available as an extension or mobile app
Cons
– Why our experts picked it
Because of its wide adoption in the Web3 space, MetaMask remains the top choice for day-to-day dApp activities and quick transactions.
Phantom
Best Ethereum wallet for integration with multiple blockchains
Type of Wallet: Software (Hot)
Other Supported Networks: Solana, Polygon
Fee to Buy Ethereum: Based on connected on-ramps or third-party services
Originally a Solana-focused wallet, Phantom has expanded to support Ethereum and Polygon, giving users multi-chain flexibility.
– Pros & Cons
Pros
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Sleek interface with multi-chain support
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Strong security, including optional hardware wallet integration
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Growing ecosystem of DeFi and NFT tools
Cons
– Why our experts picked it
Phantom’s multi-chain approach and user-friendly interface make it a standout for those who juggle Ethereum, Solana, and other chains within a single wallet.
Trezor Model T
Best Ethereum wallet for advanced users looking for heightened security
Type of Wallet: Hardware (Cold)
Other Supported Networks: Over 1,600 cryptos, including Bitcoin and Litecoin
Fee to Buy Ethereum: Depends on your chosen third-party exchange or Trezor Suite integration
Trezor’s open-source firmware and physical touchscreen provide a high degree of user control and transparency.
– Pros & Cons
Pros
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Touchscreen simplifies PIN entry
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Open-source software for heightened transparency
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Supports advanced security features like Shamir Backup
Cons
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Pricier than the Trezor One model
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May intimidate beginners who want a quick, low-hassle solution
– Why our experts picked it
Trezor Model T’s focus on security, combined with an accessible touchscreen, caters perfectly to serious investors comfortable with extra setup steps to protect larger holdings.
Trust Wallet
Best Ethereum wallet for mobile users
Type of Wallet: Software (Hot)
Other Supported Networks: Ethereum, Binance Chain, and others
Fee to Buy Ethereum: Dependent on integrated fiat on-ramps or swaps
Trust Wallet’s user-friendly mobile app accommodates a wide range of tokens and includes direct dApp browsing.
– Pros & Cons
Pros
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Staking features for supported coins
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Access to DeFi and NFTs from the in-app browser
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Beginners can manage multiple tokens easily
Cons
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As a hot wallet, it’s more vulnerable than hardware storage
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Limited customer support options
– Why our experts picked it
Trust Wallet delivers a straightforward mobile experience with a surprising depth of features, including staking and DeFi. Users on the go will find it particularly appealing.
Different Types of Ethereum Wallets
To find the best Ethereum wallet for your specific needs, it’s helpful to understand the main wallet categories:
Hardware Wallets (Cold Storage)
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Physical devices that store private keys offline.
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Ideal for long-term holding or large balances.
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Examples: Ledger Nano X, Trezor Model T.
Software Wallets (Hot Wallets)
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Applications you install on a computer or smartphone.
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Quick to set up, easy for daily transactions.
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Examples: MetaMask, Trust Wallet, Exodus.
Web Wallets
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Accessed via a website or browser extension.
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Convenient for quick trades, but private keys might be stored online or partially in the browser.
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Example: MyEtherWallet (non-custodial), some exchange-based wallets (custodial).
Depending on your risk tolerance, you may split holdings between a hardware wallet for secure storage and a software or web wallet for everyday use.
How to choose the best Ethereum wallet
When you’re picking the best Ethereum wallets, weigh security, usability, and any special features you may need (like staking or NFT storage):
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Security vs. Convenience
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If you hold significant funds, hardware wallets offer superior protection.
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If you’re using DeFi protocols daily, hot wallets are more convenient.
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Multi-Chain Support
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Some wallets also handle Bitcoin, Solana, or other assets, making it easier to keep all crypto in one place.
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Integration With dApps
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User Experience
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Backup & Recovery
How do Ethereum wallets work?
An Ethereum wallet holds the private keys that let you spend or manage ETH and ERC-20 tokens on the blockchain. When you create a transaction, the wallet signs it using your private key, then broadcasts it to the Ethereum network for validation. Since your keys are essential to authorizing any movement of funds, protecting them (especially offline) is crucial for preserving your assets.
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Why do you need an Ethereum wallet
Holding ETH on a centralized exchange can be convenient, but storing it in your own wallet gives you full ownership—no third party can freeze or limit your access. Additionally, a self-custodial good Ethereum wallet lets you interact with dApps, stake, or mint NFTs on the Ethereum blockchain without relying on external permission.
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Tokens you can store in Ethereum wallets
Most top Ethereum wallets let you store ETH, ERC-20 tokens, and even Ethereum-based NFTs. This means you can manage a wide range of assets (such as stablecoins or governance tokens) alongside Ether, streamlining your portfolio management.
Ethereum wallets vs. Bitcoin wallets
While some wallets support ETH and BTC, many are tailored to one specific blockchain. Ethereum wallets often include features for interacting with smart contracts, while Bitcoin wallets are more focused on storing and transacting BTC without the added functionalities of dApps and NFTs.
Ethereum wallets vs. Solana wallets
Solana-based wallets serve a similar function, but on a different blockchain. If you want to bridge assets or use dApps that live on Ethereum and Solana, you’ll either need a wallet that supports both networks (like Phantom now does) or separate wallets, one for each chain.
Methodology
How our crypto tax experts identified the best Ethereum wallets