Ethereum is the future of blockchain technology. It’s scalable, upgradable, and more diverse than its older cousin, Bitcoin. You have Metaverses, NFTs, DAOs, and a whole lot of things running on Ethereum. This makes it a better value proposition than Bitcoin because the hard truth is cryptocurrencies are nowhere like real fiat currencies. They are a threat to the governments who will try to stop (or tightly regulate) their usage as a regular currency. Consequently, their use cases are extremely limited. However, Ethereum is more than a substitute for fiat, and that’s what makes it precious to hold. But before jumping to the main list, let’s check out some crucial…
Ethereum Wallet Features
Holding crypto is just one feat, but numerous others can make your experience satisfying or annoyingly tiresome. These are some of the imperative ones to look out for:
Provision to buy crypto with bank cards from inside the crypto wallet. Support for decentralized apps like Mintable (used to create NFTs), Decentraland (a metaverse), etc.Allow DeFi operations like buy, send, lend, borrow, stake, etc. While all these features may not be feasible everywhere, buying and sending are the minimum requisites.Ability to withdraw directly to a bank without routing funds via crypto exchange platforms.Setting limits to safeguard in case of unauthorized transactions.Permits high volume transactions, especially useful for crypto whales or corporates.Token swaps functionality.Multi-signature (Multisig) feature for robust security.
These were the most in-demand features, and unfortunately, we couldn’t find any that has it all. Anyway, we’ll start with the Ethereum wallet list and mention the supported features with each entry.
Metamask
Metamask is a crowd’s favorite hot crypto wallet with millions of active monthly users. It is available to use as a browser extension for popular web browsers, including Chrome, Firefox, Brave, and Edge. Besides, you can download it from the respective app stores on Android and iOS. Features:
Buy crypto with a cardSupport dAppsDeFi access (buy, send)Token swapHot Wallet
Metamask has rich documentation and strong community support. At present, only a few others match the love it gets from the users. However, you should know that it’s a hot wallet which is considered unsafe because of constant internet connectivity. So, if you’re about top-notch security, try checking the next in line.
Ledger Wallet
Ledger is a hardware crypto wallet that offers everything Metamask has and more, but it’s not free. Still, a small form factor and excellent security features make it the first choice for anyone seeking hardware wallets. Features:
Buy crypto with a cardSupport dAppsDeFi access (buy, send, stake)Withdraw to bankHigh volume purchaseToken swapHardware Wallet
Please note that there are multiple models available for purchase, and these features may differ among them.
Trust Wallet
Trust Wallet is another popular name backed by its parent company Binance, the largest crypto exchange by transaction volume. This mobile-only wallet has tons of useful features–primarily because of the Binance integration–that make it an all-in-one crypto solution. Features:
Buy crypto with cardSupport dAppsDeFi access (buy, send, stake, lend, borrow)High volume purchase ($20k)Token swapHot Wallet
This is also a hot wallet with a major drawback as the lack of a desktop application or a browser extension. This makes it a deal-breaker for someone into play-to-earn crypto games. While it may support mobile crypto games, the absence on the big screen is troublesome. Still, you can indirectly connect it to dApps supporting WalletConnect.
Atomic Wallet
Atomic wallet has the most in terms of platform presence. You can use this on Windows, Mac, Linux, iOS, and Android. Features:
Buy crypto with cardDeFi access (buy, send, stake)High volume purchase ($20k)Token swapHot Wallet
Straightaway, the features are limited, and this seems more inclined towards the currency aspect of crypto. However, the user interface is beautiful with an in-built crypto exchange. Still, some users complain about Atomic wallet for high transaction fees. So make sure you don’t overpay because there are plenty of other options.
MyEtherWallet
MyEtherWallet (MEW) is an Ethereum-exclusive wallet that doesn’t take a minute to set up. The interface is clean but can take some time to get used to if you’re coming from Metamask or Trust Wallet. Features:
Buy crypto with cardSupport dAppsDeFi access (buy, send, stake)High volume purchase ($20k)Token SwapHot Wallet
MEW has smartphone applications for iOS and Android, but you can also use them on the desktop. All it takes is a connection to its MEW web app by scanning a QR code. Moreover, you can deploy smart contracts right from MEW or interact with the available ones. Conclusively, this is a worthy Ethereum wallet with some advanced features that one must try.
Guarda
Guarda is a well-known wallet with native applications for many platforms, including Windows, Mac, Linux, Android, and iOS. What’s more, you can also use this as a web wallet and browser extension without any installations. Features:
Buy crypto with cardSupport dAppsDeFi access (buy, send, stake, borrow)High volume purchase ($20k)Token SwapMultisigHot Wallet
Besides, you get valuable information like price charts, history, etc., while performing transactions. Finally, Guarda feels like a no-nonsense offering to the hardcore crypto enthusiast that might overwhelm beginners at first.
Bitcoin.com Wallet
Yeah, you read that right. Bitcoin.com wallet now supports Ethereum. The registration is the fastest among all in this list as it allows Google or Apple accounts. Still, one can also use this wallet anonymously without social logins. Features:
Buy crypto with cardDeFi access (buy, send)Withdraw to bankHigh volume purchase (~$21k)Token swapHot Wallet
This is the simplest of the lot. Originally developed for Bitcoin, it caters to the aspects only related to the Bitcoin ecosystem. So, it’s a major letdown for anyone asking for dApps integration.
Conclusion
They were way more Ethereum wallets, but in our opinion, these seven would serve you well. However, if you are into hardware wallets and want a Ledger alternative, try Safepal S1. It’s an intuitive, easy-to-carry, highly rated multi-currency crypto wallet. In addition, this is a compilation of some of the best cryptocurrency wallets that you shouldn’t miss.
