What are some good starter wallets of Ethereum?

There are many Ethereum Wallets we have listed down a few which I feel are one of the best Ethereum wallets In this article, we’ll find the answer to this question by discussing the highlights of all the prominent Ethereum wallets. Let’s get started.

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1. Trezor One

Trezor is the oldest Bitcoin hardware wallet. It is a product of SatoshiLabs and has a straightforward interface. In terms of security, Trezor is quite advanced as its PIN code never leaves the wallet. This means even if you connect it with a compromised computer, you won’t face the risk of compromising your wallet. Some argue it’s the best Ethereum wallet in the market.

The primary highlight of Trezor One is its security. Its PIN code system ensures that brute-force entering is impossible. When you enter the PIN code incorrectly, it increases the waiting time by a power of two. For example, it’ll take 17 years to make 30 guesses.

2. Metamask

If you don’t know much about the Ethereum network, you should go with this option. Metamask is a software that you can download as a Chrome extension too! Your Ethereum wallet remains available on your browser with Metamask, and if you’re a developer, you can interact with Ethereum test networks through it as well.

Metamask provides an abstraction to its users, thus lowering the entry barrier for many people interested in Ethereum. With Metamask, you can access Ethereum dApps through your browser. Apart from that, you can easily switch between the leading network and a test network too.

3. Ledger Nano S

Probably the most popular hardware wallet, Ledger Nano S certainly deserves a place in this list. A hardware wallet lets you store your private keys in a physical device. As a key is everything in cryptocurrency, where you store them is crucial, and hardware wallets are widely popular.

All the cryptocurrencies store in the wallet offline, so there’s no risk of hacking. If you’re not a programmer or a tech-savvy person, using a hardware wallet would be the best to ensure the security of your cryptocurrency. The OS of Ledger Nano S is BOLOS, which its developers integrate into a secure chip.

The main highlight of this wallet is its security. As it’s a hardware wallet, there’s no risk of hacking or technical loss. When you start the device, you’ll have to enter a PIN code, and you must remember that to connect your device.

4. Exodus

If you’re a beginner and haven’t used an Ethereum wallet before, Exodus is the right choice. It is a new entrant in the market and has multiple features to make it stand out. It is compatible with Linux, Mac OS, as well as Windows. Exodus has a mobile app, too, to download it on your smartphone and use it whenever and wherever you want.

You can trade between altcoins and bitcoin in its wallet as well, thanks to its shapeshift exchange. Another additional highlight of this wallet is it syncs with your Trezor portfolio. This means you can avail of the advantages of a hardware wallet and a digital one with Exodus.

The main highlight of this wallet is its built-in exchange. Its easy-to-use interface allows you to exchange cryptocurrencies quickly in just a few taps. The desktop version shows you the crypto and fiat values of the coins you will get through your trade and the spread of your deal.

5. Mist

The people who created Ethereum built this wallet, and it’s the official Ethereum wallet in the market. However, you need to be familiar with blockchain before you use Mist. That’s because it is a little complicated to use.

It is open-source so that you can use it for free. However, to use Mist, you’ll have to install the full node of Ethereum, which is more than 1 TB in size in your device. After you complete the download, you’ll have the entire Ethereum blockchain.