Top 10 Best Ethereum Wallets Reviewed For 2024
This guide provides a simple overview of the best Ethereum wallets, explaining how they work and how to use them. Cryptocurrency is fast-paced and can be challenging to navigate, especially when it comes to keeping assets like Ethereum secure. A good digital wallet makes storing and managing crypto safer and easier.
Based on our research, the top Ethereum wallets for 2024 are Best Wallet, Ellipal, and Zengo. This article reviews the top 10 ETH wallets, covering their security features and ease of use, to help you choose the right one.
List of the 10 Best Ethereum Wallets in 2024
After considering a variety of factors such as security features, user-friendliness and fees, we have formed our top list of Ethereum wallets currently available.
- Best Wallet – Overall best Ethereum wallet in 2024
- Ellipal Titan – Best for diverse cryptocurrency support
- Zengo – Best for staking Ethereum
- YouHodler – Best for borrowing ETH
- Ledger – Best for DeFi integration
- Trezor One – Best for dual ETH and BTC holders
- Binance – Best for exchange integration
- OKX – Best for NFT marketplace integration
- MetaMask – Best for hardware wallet integration
- Trust Wallet – Best user-friendly interface
Top Ethereum Wallets of 2024 Reviewed
To choose the best Ethereum wallet for their needs, traders need to take into account what different types of wallets have to offer. In our reviews, we take a closer look at the wallets on our Ethereum wallets list.
1. Best Wallet – Overall Best Ethereum Wallet in November 2024
is a non-custodial, multi-chain crypto wallet designed to make managing, trading, and storing digital assets easy and secure. With support for over 60 blockchains, you can manage all your tokens in one place, track your portfolio in real time, and even swap assets using its built-in decentralized exchange (DEX).
In 2024, Best Wallet stands out as the overall best Ethereum wallet thanks to its seamless integration of a DEX, advanced portfolio management tools, and market insights. You can trade without registration, ensuring complete control over your funds, while benefiting from reduced transaction fees by holding the native $BEST token.
Additionally, Best Wallet offers features like staking, access to the best crypto presales, and real-time market sentiment updates. Its security measures include biometric authentication and key management. Whether you’re looking to swap tokens, manage NFTs, or track profits, Best Wallet offers a robust ecosystem to meet your needs.
- Supports 60+ blockchains for extensive crypto options
- Non-custodial wallet ensures full control over private keys
- Built-in DEX with low fees and no registration required
- Real-time market insights for better trading decisions
- Integrated staking for earning rewards on Ethereum
- Primarily a mobile app, no desktop support yet
- Limited direct fiat off-ramp options
Type of Wallet | Software |
Number of Supported Cryptos | Ethereum, Polygon, BSC, and others. |
Fee to Buy ETH | Depends on the third-party service providers. |
Mobile App | Yes |
2. Ellipal Titan – Best for Diverse Cryptocurrency Support
The Ellipal Titan hardware wallet is an air-gapped, cold storage solution that offers top-notch security for storing Ethereum and other cryptocurrencies. Its completely offline design ensures that private keys are never exposed to the internet, providing protection from hacking attempts. With its user-friendly touchscreen interface, it’s easy to manage your assets, whether you’re a beginner or a seasoned crypto enthusiast.
What sets Ellipal Titan apart is its broad support for over 10,000 cryptocurrencies. This makes it one of the best crypto wallets for users who manage diverse assets beyond just Ethereum. The wallet’s integration with its mobile app enables seamless interaction with multiple blockchains, making portfolio management hassle-free.
Additionally, the Titan’s rugged, tamper-proof build ensures durability, and the use of QR codes for transactions keeps it secure and easy to use. However, it relies on a mobile app, lacks extensive third-party integrations, and is bulkier than some alternatives like Ledger, making it less compact for on-the-go users.
- Supports over 10,000 cryptocurrencies and tokens
- Intuitive touchscreen interface for easy navigation
- QR code transactions without internet or Bluetooth
- Tamper-proof design for physical security of assets
- Seamless integration with mobile app for convenience
- Bulkier compared to other hardware wallets
- Requires regular charging due to built-in battery
- Limited third-party app integrations compared to Ledger
Type of Wallet | Hardware |
Number of Supported Cryptos | Ethereum and 10,000+ tokens |
Fee to Buy ETH | Depends on the third-party service providers. |
Mobile App | Yes |
3. Zengo – Best for Staking Ethereum
Zengo is a highly secure self-custodial Ethereum wallet that uses Multi-Party Computation (MPC) technology to eliminate the risks associated with seed phrases. It provides an easy-to-use interface, secured by 3-factor authentication and biometric protection, offering peace of mind for over 1 million users since its launch in 2019.
For Ethereum staking, Zengo excels by integrating directly with third-party services, allowing you to stake ETH with just a few taps. The seamless staking process combines security and convenience, making it one of the best wallets for Ethereum enthusiasts who want to earn rewards without complex setups.
Zengo also supports NFTs and offers in-wallet crypto purchases, swaps, and sales. Additionally, its Web3 Firewall and KYC-free legacy transfer feature make it stand out from competitors. However, it lacks some DeFi access within the wallet, which can be bridged through WalletConnect.
- MPC technology provides virtually unhackable security
- Direct in-wallet Ethereum staking capability
- User-friendly interface for smooth asset management
- In-app buying, selling, and trading of Ethereum
- Legacy transfer feature for KYC-free inheritance
- Limited asset support compared to competitors
- No direct in-wallet DeFi access, WalletConnect required
Type of Wallet | Software |
Number of Supported Cryptos | Ethereum and 120+ others |
Fee to Buy ETH | Depends on the third-party service providers. |
Mobile App | Yes |
4. YouHodler – Best for Borrowing ETH
is a centralized platform offering crypto lending, borrowing, and earning services, making it one of the best Ethereum wallets for borrowing ETH. You can easily use your Ethereum as collateral for a loan while keeping your assets working for you. The platform ensures up to 90% Loan-to-Value (LTV) for ETH, giving you quick access to cash without selling your assets.
The platform is ideal for borrowing ETH, thanks to its high LTV ratio and flexible loan terms. With features like instant approval, no hidden fees, and the ability to extend loans or adjust collateral, YouHodler makes borrowing ETH straightforward and user-friendly.
In addition to crypto lending, YouHodler offers unique features like MultiHODL and Turbocharge to maximize your returns. It also supports fiat and crypto swaps, making it versatile. However, ensure to practice risk management, as the platform is centralized, and asset volatility can lead to liquidation risks.
- High Loan-to-Value ratio for ETH borrowing
- Flexible loan terms with customizable settings
- Instant approval for ETH-backed loans
- Weekly interest payouts on Ethereum holdings
- No penalties for early loan repayments
- Allows earning interest on Ethereum deposits
- Centralized platform; not self-custodial like others
- Requires full KYC compliance for account setup
- ETH collateral can be liquidated due to volatility
Type of Wallet | Hot |
Number of Supported Cryptos | Ethereum, Polygon, BSC, and others |
Fee to Buy ETH | No fees, only the spread between bid and ask prices |
Mobile App | Yes |
5. Ledger – Best for DeFi Integration
is a top-tier Ethereum wallet known for its robust security and broad cryptocurrency support. It offers cold storage through its hardware wallets, Ledger Nano S Plus and Nano X, which support over 5,500 assets, including Ethereum. These devices are ideal for users who prioritize security and control over their private keys while still accessing DeFi applications.
For DeFi integration, Ledger excels with its Ledger Live software, allowing you to connect seamlessly to decentralized finance (DeFi) platforms. You can stake, swap, and manage Ethereum directly, all while keeping your assets offline. Its compatibility with third-party apps like MetaMask also enhances DeFi functionality.
Additional features include NFT management, staking support, and Bluetooth connectivity with the Nano X for mobile users. Despite the closed-source firmware on the device, Ledger’s open-source software, multi-factor authentication, and secure hardware make it a leading choice for Ethereum holders.
- Seamless DeFi integration via Ledger Live
- Supports over 5,500 cryptocurrencies including Ethereum
- Native staking and Ethereum management tools
- Robust educational resources through Ledger Academy
- Firmware is closed-source, limiting transparency
- No touchscreen, unlike some competitors
Type of Wallet | Hardware |
Number of Supported Cryptos | 5,500+ |
Fee to Buy ETH | Variable |
Mobile App | Yes (Ledger Live) |
6. Trezor One – Best for Holders of Both Ethereum and Bitcoin
The Trezor One is one of the most trusted hardware wallets in the market, offering high-level security for Ethereum, Bitcoin, and other cryptocurrencies. Since its launch in 2014, it has never been hacked, making it an industry leader. Its integration with Trezor Suite allows for easy management of your portfolio, including buying, selling, and exchanging cryptocurrencies.
For Bitcoin-specific features, Trezor One supports advanced Bitcoin privacy tools like Coinjoin, ensuring anonymity. It also supports Taproot transactions, enhancing scalability and privacy for Bitcoin users. These specialized Bitcoin features set it apart from competitors.
Trezor’s low price and ease of use make it an excellent choice for beginners. However, it lacks support for certain newer cryptocurrencies and comes with a plastic build that feels less durable than some alternatives. Despite this, its proven security track record and robust ecosystem make it a top choice for long-term crypto storage.
- Proven flawless security track record since 2014
- Supports over 1,200 assets, including ETH and BTC
- Open-source firmware ensures transparency and trust
- Multi-signature security available for Ethereum holdings
- Advanced security features for self-custody Ethereum
- Plastic build feels less durable than metal options
- Lacks touchscreen, making navigation cumbersome
- No direct NFT management within Trezor Suite
Type of Wallet | Hardware |
Number of Supported Cryptos | 8,000 |
Fee to Buy ETH | Variable |
Mobile App | Yes |
7. Binance Wallet – Best for Crypto Exchange Integration
The Binance wallet is one of the best Ethereum wallets due to its robust security and range of features. As an exchange-based wallet, it supports multiple cryptocurrencies, including Ethereum, making it convenient for users who trade and hold various digital assets. Its secure environment ensures your funds are well-protected while offering ease of use.
Binance excels in crypto exchange integration, making it ideal for users who need quick access to buy, sell, and trade assets directly from their wallets. You can instantly trade Ethereum and other tokens, benefiting both long-term holders and active traders.
Additional features include support for SegWit addresses for faster Bitcoin transactions, multi-signature security, and access to the Binance SAFU fund, which offers extra protection in case of security breaches. However, beginners may find the platform a bit complex initially.
- Integrated exchange for seamless trading
- Allows instant Ethereum and token trades
- Built-in portfolio tracking and analytics tools
- Low fees when using Binance Coin (BNB)
- Fast transactions with SegWit and Bech32 support
- May feel complex for beginners to use
- Mediocre customer support response times
- Requires KYC for full functionality and limits
- Security incidents in the past despite improvements
Type of Wallet | Software |
Number of Supported Cryptos | 385 |
Fee to Buy ETH | 0 Deposit Fee, 0.1% Trading Fee |
Mobile App | Yes |
8. OKX Wallet – Best for NFT Marketplace Integration
The OKX Wallet is a top-tier option for managing Ethereum and other crypto assets. Known for its user-friendly interface, it’s a decentralized and non-custodial wallet that provides full control of your assets. It supports over 40 blockchains, making it a versatile option for crypto users, especially those involved in Ethereum-based DeFi and NFTs.
Where OKX really shines is in its NFT marketplace integration. The wallet seamlessly connects to multiple NFT platforms, including OpenSea, LooksRare, and Magic Eden, allowing you to buy, sell, or mint NFTs across multiple chains like Ethereum, Solana, and Polygon. Its cross-chain capability ensures you don’t have to switch wallets for different marketplaces.
Beyond NFTs, OKX offers standout features like its DEX aggregator, which provides the best exchange rates across different blockchains. The wallet also supports over 1,000 dApps, making it an excellent gateway to DeFi and blockchain gaming.
- Seamless NFT marketplace integration across multiple chains
- Cross-chain swaps with competitive exchange rates
- X Routing technology ensures best swap prices
- Auto-recognition of blockchain networks for convenience
- Easily connects to over 1,000 dApps
- May be overwhelming for beginners to use
- Limited direct customer support options
- Cross-chain transaction fees can be high
Type of Wallet | Software |
Number of Supported Cryptos | 350+ |
Fee to Buy ETH | 0 Deposit Fee, Variable market maker/taker |
Mobile App | Yes |
9. MetaMask – Best for Hardware Wallet Integration
is a leading Ethereum wallet designed for easy access to DeFi applications. It supports ERC-20 tokens and allows you to buy, sell, swap, and manage your crypto assets via its browser extension or mobile app. Its seamless integration with the Ethereum ecosystem makes it an excellent choice for Ethereum users seeking a reliable hot wallet for DeFi interactions.
MetaMask stands out for its hardware wallet integration, which boosts security. You can connect hardware wallets like Ellipal, Ledger, or Trezor to protect your private keys offline. Using a hardware wallet with MetaMask provides an extra layer of security for investments, keeping your funds safe from online threats.
Beyond security, MetaMask also offers access to dApps and NFT marketplaces. The open-source software enables staking, NFT trading, and much more. With its widespread usage and compatibility, MetaMask is a solid option for anyone serious about navigating the Ethereum ecosystem.
- Compatible with popular hardware wallets
- Seamless integration with Ethereum-based dApps
- Supports all ERC-20 tokens easily
- Can connect to multiple Ethereum networks
- Open-source code for transparency and security
- Available on both browser and mobile apps
- Lacks multi-signature transaction support
- Does not offer two-factor authentication
Type of Wallet | Software |
Number of Supported Cryptos | 500,000+ |
Fee to Buy ETH | Depends on payment provider |
Mobile App | Yes |
10. Trust Wallet – Best User-Friendly Interface
is a top-tier Ethereum wallet, widely recognized for its security, versatility, and user-friendly design. Offering support for millions of crypto assets and NFTs, Trust Wallet stands out as an ideal choice for beginners and seasoned investors alike. It’s non-custodial, meaning you have full control over your private keys, making it one of the safest hot wallets available.
What sets Trust Wallet apart is its incredibly user-friendly interface. Whether you’re managing crypto, staking assets, or exploring dApps, the interface is intuitive and easy to navigate. This simplicity makes complex tasks like swapping tokens or purchasing crypto straightforward for all users.
Additionally, Trust Wallet supports in-wallet staking and seamless swaps across over 1 million trading pairs. However, while it lacks two-factor authentication (2FA), it compensates with robust encryption and non-custodial functionality, making it a strong contender for anyone seeking an Ethereum-focused wallet.
- User-friendly interface simplifies crypto management
- Supports millions of Ethereum-based assets and NFTs
- Free to use with no wallet fees
- Non-custodial, giving you full control
- Seamless in-app staking and token swapping
- Lacks two-factor authentication for extra security
- No customer support for lost recovery phrases
- Some supported assets have questionable legitimacy
- Does not support non-Ethereum coins like Bitcoin
Type of Wallet | Software |
Number of Supported Cryptos | 4.5 million |
Fee to Buy ETH | 1% on in-app purchases |
Mobile App | Yes |
How Do Ethereum Wallets Work?
Ethereum wallets store your private and public keys, which allow you to access and manage your Ethereum (ETH) and tokens.
- Your public key is like an account number that others use to send ETH.
- The private key proves ownership and is needed to sign transactions.
Ethereum wallets interact with the blockchain to monitor balances and initiate transfers. Wallets don’t store your ETH directly; they store cryptographic keys to access your tokens on the blockchain.
You can also connect your wallet to dApps and buy products with Ethereum using integrated tools like token swaps or payments.
Types of Ethereum Wallets
While all wallets generally perform the same set of functions, there can be several key differences between them. A beginner user needs to understand the tradeoffs involved in order to choose the best Ethereum wallet.
Based on the mode of availability, wallets are generally categorized into three categories: software wallets, hardware wallets and paper wallets.
Hot Wallets – Best for Active Trading
, also known as software wallets, are online wallets used to store cryptocurrencies. It allows for easy access to funds, making it ideal for daily transactions. Examples include Best Wallet, Zengo, and YouHodler.
A hot wallet can be further categorized into three categories:
- Mobile wallets are apps for Android or iOS. Top Ethereum wallets, like Best Wallet, are available on both Google Play and Apple’s App Store.
- Desktop wallets run on personal computers, storing private keys locally on your device.
- Web wallets are browser extensions. They’re user-friendly but less secure, vulnerable to keyloggers and DDOS attacks.
In contrast, hardware wallets offer better security by keeping private keys offline, reducing hacking risks but are less convenient for frequent use.
Pros
- Easily accessible for daily crypto transactions
- Typically free and quick to set up
- Convenient for interacting with dApps
- Supports instant transfers between accounts and exchanges
- Accessible via mobile or browser from anywhere
Cons
- More vulnerable to online hacking and phishing
- Private keys stored on internet-connected devices
- Requires constant software updates for security
- Greater risk when holding large amounts of crypto
- Can be compromised by malware or keyloggers
Hardware Wallets – Best for Long-Term Storage
, also known as cold wallets, are physical devices that store your private keys offline, providing extra security. They prevent online hacks by keeping keys offline, but they require physical access to execute transactions.
Types of cold wallets include:
- USB wallets like the Ledger Nano S Plus and Trezor One
- Bluetooth-enabled wallets like the Ledger Nano X
- Air-gapped wallets, which never connect directly to a computer, like the Ellipal Titan
In contrast, hot wallets like mobile, desktop, or web wallets offer more convenience but are more vulnerable to online threats.
Pros
- Private keys stored offline, highly secure
- Immune to most online hacking attempts
- Protected from malware and phishing scams
- Generally supports multiple cryptocurrencies
- Best for long-term storage of large holdings
Cons
- Requires physical access to the device for transactions
- Less convenient for frequent transactions or trading
- More complex to set up and use
- Loss or damage to the device can lead to fund loss
- Typically requires an upfront cost
Methodology: How We Ranked the Top Ethereum Wallets
Choosing a secure crypto wallet tailored to your needs is crucial for protecting your assets. Different wallets offer varying features like accessibility, security, and compatibility with different tokens.
In this section, we’ll cover the five criteria we use to evaluate Ethereum wallets to ensure our recommendations are reliable, secure, and suited to your needs. This will help you make an informed decision, whether you prioritize ease of use or advanced security options.
Lever of Security (25%)
Gauging the security of an Ethereum wallet is critical to ensure your assets are safe from hacks, theft, or loss. We evaluate this through in-depth research and hands-on testing, looking at factors like:
- Encryption
- Private key control
- Additional features like two-factor authentication or multi-signature support
Testing for vulnerabilities ensures the wallet’s ability to protect against threats like phishing or malware. Through this process, we provide accurate assessments to guide your decision.
Ease of Use (25%)
A complicated interface can lead to mistakes or security risks; ease of use is essential because you need to access and manage assets efficiently.
We assess this by evaluating how intuitive the wallet setup is, how smoothly transactions are executed, and whether features like backups or security settings are easy to navigate. We also test mobile and desktop functionality to ensure the wallet meets different user needs.
Features and Functionality (25%)
The features and functionality of an Ethereum wallet are vital because they determine how well the wallet serves your specific needs. You want a wallet that supports key operations like token swaps, staking, or DeFi integration.
We assess this through research and hands-on testing, exploring built-in tools like exchanges, dApp connections, and security customization. Evaluating how well these features function in real-world scenarios helps us provide reliable recommendations for various user preferences and use cases.
Compatibility and Accessibility (15%)
Compatibility and accessibility are important. Whether on mobile, desktop, or browser, a wallet should support your preferred operating systems and integrate with various blockchains and tokens.
We evaluate this by testing wallet performance across devices, checking support for key features like multi-chain access, and ensuring smooth synchronization.
Cost and Fees (10%)
Wallets may charge for transactions, swaps, and purchases, which can vary significantly across platforms. The cost and fees directly impact your transaction expenses and overall value.
We assess these fees by reviewing official documentation and conducting real transactions to evaluate any hidden costs. By comparing various wallets, we ensure that the wallets we recommend offer competitive rates, minimizing unnecessary charges and optimizing your experience.
How to Get & Use A Ethereum Wallet – Step-by-Step
By now, a user has enough information to choose the best Ethereum wallet of their liking. Now, let’s go over how users can operate an Ethereum wallet seamlessly. We are taking the example of the Best Wallet.
Step 1: Downloading the App
is downloadable through its mobile app, available on the App Store and Android store. The app can be downloaded for free.
Step 2: Account Creation
After the installation, users must add their email address to create a new account. As a top decentralized Ethereum wallet, Best Wallet doesn’t require users to undergo a KYC process.
When setting up the account, add a four-digit passcode. Users can also set up two-factor authentication to protect their account’s security.
Step 3: Buy Ethereum Tokens
Now that you’ve set up your account, it’s time to purchase Ethereum tokens. Through the wallet dashboard, type the name of the token you wish to invest in. Investors can then input the number of ETH tokens they wish to purchase, and confirm the transaction.
Conclusion
When choosing an Ethereum wallet, it’s crucial to carefully evaluate your options to ensure you find one that suits your needs and provides the highest level of security.
Best Wallet stands out as the top choice due to its seamless user experience, robust security features, and multi-chain support. With integrated tools for trading, staking, and market insights, it offers the most well-rounded experience.
Whether you’re a beginner or an experienced trader, Best Wallet provides everything you need to manage your Ethereum securely and efficiently.
Ethereum Wallet FAQs
Which is the best Ethereum wallet?
After considering a wide variety of factors, we believe that Best Wallet is the top Ethereum wallet. It provides ease of use, uncompromising security, and a wide range of features.
What is the safest Ethereum wallet?
Hardware wallets are usually considered more secure than software wallets due to the non-access to internet connectivity. However, Best Wallet software wallets provide a broad level of security using two-factor authentication.
Is there an official ETH wallet?
No. The Ethereum Foundation does not have an official ETH wallet. Users can choose the best wallet according to their liking.
Where should I store my Ethereum?
About Cryptonews
Our goal is to offer a comprehensive and objective perspective on the cryptocurrency market, enabling our readers to make informed decisions in this ever-changing landscape.
Our editorial team of more than 70 crypto professionals works to maintain the highest standards of journalism and ethics. We follow strict editorial guidelines to ensure the integrity and credibility of our content.
Whether you’re looking for breaking news, expert opinions, or market insights, Cryptonews has been your go-to destination for everything cryptocurrency since 2017.