Ethereum currently has the second largest market cap after Bitcoin.

Because of this, many investors are now flocking to Ethereum. Naturally, this has surged demand for more secure Ethereum wallets.

And in my opinion, this is what all secure cryptocurrency wallets need to have:

I believe that if a wallet doesnt have any one of these things, your coins could be at risk and you could give yourself a major headache. When looking for wallets, make sure that the above requirements are met before you store your coins there. If you want to get hold of ETH Instantly using Bitcoin or any other cryptocurrency, just use the widget below.

Here I have listed out the best wallets for Ethereum. They all meet the above requirements. Before that, here are the top exchanges with Ethereum market:

1. Ledger Nano S (Hardware Wallet)

The Ledger Nano S is one of the most inexpensive Ethereum hardware wallets available ($65). Here, Ether is stored offline on the device. Whenever you want to spend Ether, Ledger signs it using the private key stored on the device. You can store both ETH & ETC. Harsh has made few videos guide about Ledger Nano S that you must check out. This will help you to learn everything about Ledger Nano S.

The best thing about the Ledger Nano S is that it comes with a small OLED screen which allows you to control your transactions. The security is so robust that you can use your Nano S device even on a hacked computer.

Buy The Ledger Nano S Now

2. Trezor (Hardware Wallet)

Trezor was the first hardware wallet invented for Bitcoin. However,nowTrezor can be used for Ethereum too with the MyEtherWallet web interface.

It also stores Ether offline on a secure electronic chip which can be activated only when you log in with your password.

It is a very light and portable device.

It comes in 3 colors white, gray, and black and costs $99.

Buy Trezor Now

3. Exodus(Desktop Wallet)

Exodus is the worlds first multi-cryptocurrency desktop wallet. It is free to use and has an attractiveUI. As soon as you open the Exodus wallet, a pie chart will show your entire portfolio of coins.

It supports seven cryptocurrencies (including Ethereum), and is the first desktop wallet to have ShapeShift built in for exchanging cryptocurrencies.

However, while using Exodus, one needs to always be connected to the internet, but you need not worry as your private keys never leave your machine.

Features like one-click email recovery and backup seed keys for restoring your wallet ensure the security of your funds.

Download the Exodus wallet

4. Jaxx(Mobile Wallet)

Jaxx is a multi-asset wallet created by the Canada-based company,Decentral. It supports 13 cryptocurrencies (including ETH) and has an elegant design with robust security features.

On Jaxx, private keys never leave the device, and features likeseed keys enable you to restore your funds whenever required.

It has an amazing development community which looks after innovation and maintenance of the product.

Jaxx wallet is available for Android, iOS, Mac OS, Windows, Linux. They are also launching hardware wallet in coming months.

5. Mist (Desktop Wallet)

Mist is the official Ethereum wallet.

When you install Mist, it takes a while to get started as it synchronizes with all Ethereum nodes. After the sync is completed, it prompts you to set a secure password. You are required to remember this password as there is no other way to access Mist if your forget this password.

After that, the process is pretty typical as in any other wallet. In the wallet, you will have access to a pair of public and private keys to perform transactions.

You need not worry about security as your private keys are on the device itself.

Mist also hasShapeShift built in for exchanging other currencies.

6. MetaMask (Desktop Wallet)

MestaMask is one of my favorite Ethereum wallets.

It is like a browser to access the Ethereum network. It not only enables you to store and send Ethereum, but also allows you to access decentralized Ethereum apps.

It has an intuitive design where you can switch quickly between a test network and the main Ethereum network. Here is a video showcasing how MetaMask works:

Theprivate keys are password encrypted and are stored on yourmachine, which you can export at any time.

7.MyEtherWallet(Web Wallet)

MyEtherWallet is different from other traditional web wallets.

Why? Because unlike other web wallets, here you control Ethereums private key on your machine.

It is an open-source wallet, with no third-party servers, where you can write and access smart contracts. Harsh has written an article about this here. It has an inbuilt BTC to ETH (and vice-versa) swap facility. You can also connect your Trezor or Ledger Nano S to access your funds in MyEthers browser environment.

8. Coinbase(Web Wallet)

Coinbase is one of the most popular Bitcoin web wallets. This year, they have also included Ethereum support.

It is a cheap and fast way of storing Ethereum, provided that they serve your country. You can check if their service is available in your country overhere.

If it is, follow these steps to use Coinbase:

However, the drawback is that the private keys are not in your control because they are stored on Coinbases hosted servers.

That said, its a decent way to store ETH for short term. If you planning to hold Ethereum for long term, you should use Paper wallet method or use a hardware wallet like Ledger Nano S.

9. ETHAdress (Paper Wallet)

If you are comfortable with paper wallets, you can use the open-source projectETHAdressto create an Ethereum paper wallet.

Paper wallets contain both public keys and private keys printed on paper.

You can opt for additional privacy which encrypts even the private keys.

This is the cheapest form of cold storage available.

10. KeepKey (Hardware Wallet)

KeepKey is the costliest Ethereum hardware wallet available ($120). It keeps your ETH in a secure offline environment and offers the same features as the Ledger Nano S or Trezor.

It has a bigger screen than its other two competitors and is a bit heavy (i.e. not easy to carry around).

KeepKeys plastic body makes it vulnerable to damage if it is accidentally dropped, but if you like its interface, it may be the right wallet for you.

Ethereum is only 3 years old and is still pretty young in the market. Thats why the wallet ecosystem has very limited options right now.

But I am very sure as the technology matures, new Ethereum wallets and will be available for each type of user.

Be on the lookout for exciting Ethereum news!

I hope this list of Ethereum wallets will help you make the right decision when choosing where to store your Ether tokens.I would love to hear your experience if you have used any of the above wallets or any other Ethereum wallet. Do let me know your thoughts in the comments below!

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The Top 10 Best Ethereum Wallets (2018 Edition)