Best Ethereum Wallets for Beginners, Low Fees, and Security

Ethereum is a multipurpose blockchain, whose main function is to act as a base blockchain on which decentralized applications (dApps) can be developed. In fact, it was the first such blockchain to offer such functionality, which is one of the reasons why it is so popular among blockchain developers. 

This is a large reason why Ether (ETH) is the second-most valuable cryptocurrency by both unit price and market capitalization. Below, we have provided a list of the more popular Ethereum wallets, with a brief summary of their top features.

• Best for Ethereum: MetaMask Wallet
• Best for multiple crypto: Coinbase Wallet
• Best for low fees: Exodus Wallet
• Best for security: Trust Wallet
• Best for beginners: BitKeep Wallet

MetaMask Wallet – Best for Ethereum

MetaMask Wallet is probably the most well-known Ethereum wallet on this list, as it is compatible with a wide variety of cryptocurrency exchange platforms, apps, gaming dApps, DeFi apps and more. 

MetaMask is also one of the simpler wallets, as it is a straightforward crypto wallet for storing and transacting with dApps that are built on the Ethereum blockchain and side-chains. It may soon also offer staking services as well.

Pros

• Tokens can be traded and bought within the wallet itself
• Available across all platforms

Cons

• No fiat compatibility
• Only Ethereum-based tokens are ed

Why choose MetaMask Wallet

MetaMask is arguably the most trusted pure Ethereum wallet. The major benefit of using a wallet that is dedicated to a single blockchain is that the coding is less complex than a wallet that offers more services and access to more cryptocurrencies, which makes it less vulnerable to hacks. Additionally, when cryptocurrencies are spread across different wallets, it means that even if there is a hack, you will only lose some and not all of your digital assets should you fall victim to a phishing attack or hack. 

Available on: Desktop, iOS and Android devices

Read our MetaMask wallet review or visit the MetaMask website.

Coinbase Wallet – Best for Multiple Crypto

DAOs. It also s over 50 fiat currencies.

Pros

• s over 100,000 digital assets
• Multi-blockchain compatibility

Cons

• Poor customer
• High transaction fees
• Limited desktop functions

Why choose Coinbase Wallet

Coinbase is a multi-chain wallet. This means that it provides the with private addresses to multiple blockchains, thus enabling digital assets from many und blockchains to be stored in a single wallet. It also allows for various decentralised financial services to be conducted within the wallet itself.

Available on: Desktop, iOS and Android devices

Read our Coinbase wallet review or visit the Coinbase website.

Exodus – Best for low fees

Exodus Wallet is another multichain, self-custodial cryptocurrency wallet that not only allows the s to store and transact ETH, altcoins, but which also offers DeFi services such as staking and token swapping, as well as having an NFT display section for all of your compatible NFTs. 

Another significant feature of Exodus Wallet is that it allows for s to buy and sell cryptocurrency with 39 different fiat currency options, with the fiat being transferred directly to and from your bank .

Pros

• Inbuilt cryptocurrency exchange platform
• Multi-chain compatibility

Cons

• Only available in English and Spanish

Why choose Exodus Wallet

Exodus is a multi-chain wallet that charges lower fees than the Coinbase Wallet, with fees built into spread pricing. Additionally, it offers in-app DeFi services which are fully functional on its desktop app.

Available on: Desktop, iOS and Android devices

Visit the Exodus website.

Trust Wallet – Best for security

The Trust Wallet is a self-custody wallet whose multi-chain compatibility allows s to store and transact over 4.5 million different digital assets. It has an intuitive, -friendly interface and provides live updates on the price indexes of altcoins stored in your wallet thanks to its integration with various partnered payment networks and cryptocurrency exchange platforms, as well as enabling token swapping and staking of some cryptocurrencies.

Pros

• Inbuilt cryptocurrency exchange platform
• In-app staking for 12 cryptocurrencies

Cons

• Minimum purchase of $50 USD
• Indirect transactions through exchange platforms
• Can only purchase crypto through the mobile app or third-party sites

Why choose Trust Wallet

Trust Wallet is a multi-chain wallet. It also has the added benefit of allowing s to interact with external dApps and charges a low service fee. Its biggest draw is that it offers extra security options of 2FA, fingerprint recognition and facial recognition, which can help to keep your cryptocurrency extra secure should someone unauthorised somehow discover your private key.

Available on: Desktop, iOS and Android devices

Visit the Trust Wallet website.

BitKeep – Best for beginners

BitKeep is a self-custody multi-blockchain compatible wallet that enables s to import their existing wallets to their BitKeep wallet, thereby allowing them to manage their cryptocurrency portfolio from a single wallet. 

BitKeep also provides real-time prices for compatible cryptocurrencies, which can then be purchased, sold or swapped directly through the wallet. It also features an in-app NFT marketplace, dApp store and decentralized exchange platform (DEX) allowing for cross-chain token swapping.

Pros

• s around 25 mainstream protocols
• s over 25,000 dApps

Cons

• Customer service via email only

Why choose BitKeep Wallet

BitKeep is a multi-chain wallet that is useful for beginners since the interface is simple and straightforward. It has an in-app cryptocurrency exchange platform and NFT marketplace, and also facilitates cross-chain token swaps. Additionally, BitKeep’s code is open-source. 

Available on: Desktop, iOS and Android devices

Visit the BitKeep website.

Comparing Ethereum wallet features

Feature	MetaMask	Coinbase	Exodus	Trust Wallet	BitKeep
Secure	Yes	2FA	Yes	Yes	Has DESM features
	Only tickets and email	24/7	24/7 Email , also accessible via social media	Email	Not great
Mobile app	Yes	Yes	Yes	Yes	Yes
Desktop app	Yes	Yes	Yes	Limited – no purchases	Yes
Cloud Storage	Yes, on iOS	No	No	No	Yes
Cold storage	Yes	No	Yes	No	No
backup	Yes	Yes	Yes	Yes	Yes
Decentralized	Yes	Yes	Yes	Yes	Yes
Anonymous	Yes	Yes	Yes	Yes	Yes
Multichain	No	Yes	Yes	Yes	Yes
Staking	No	Yes	Yes	Yes	No
Num. of s	10M	1.4M	1.25M	25M	8M