What are Ethereum wallets?

The short answer: Ethereum wallets are applications that allow users to interact with their Ethereum accounts. The slightly longer answer: Many banks and other financial institutions have apps that customers can use to conduct banking transactions with their mobile devices.

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.

What is the best ETH wallet?

The Nano S Plus is our pick for the best ETH wallet overall thanks to Ledger's robust security, wide range of cryptocurrencies and NFTs all at the affordable price point of US$79. The Nano S Plus is a hardware wallet manufactured by French company Ledger, which has been around since 2014.

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?