What is an Ethereum wallet?

An Ethereum wallet is a computer program that stores the information you need to access your ether funds. This includes a public key, somewhat similar to a bank account number, and a private key, similar to a password. When you want to receive crypto, you’ll need to provide your public key, and when you send it, you’ll use your private key.

What is a hardware wallet?

A hardware wallet is a physical device that stores your private keys in an environment separated from an internet connection. A hardware wallet also lets you to sign transactions; allowing you to interact with different blockchain networks. Ledger hardware devices are the most secure way to store your digital assets and they are also easy to use.

Where do you store Ethereum?

Many users choose to keep some in a web, mobile, or desktop wallet for trading or spending, storing the rest in a hardware wallet. Hardware wallets are the safest way to store Ethereum. A hardware or “cold” wallet is a physical offline device that stores your keys. This makes them extremely difficult to hack.

Is Ethereum a good investment?

A good place to start is the terminology: Ethereum is the network and ether (ETH) is the currency. Ether (ETH) is the cryptocurrency currently ranked #2 by market cap, making it a popular investment choice. Let’s take a look at some of the great wallet options out there for ETH investors. What’s an Ethereum Wallet?