Ethereum remains the second most famous cryptocurrency after Bitcoin. Just like millions of others, you might also be thinking about buying a few Ether coins and holding onto them until the right time comes. However, storing digital currencies is one of the biggest challenges associated with this industry. When you must store your Ethereum coins, you have to find the right wallet for it. Despite the safety features of the wallets, you must always make sure that you keep your private key hidden from anyone around you. Here are three of the best wallets for storing your Ether coins.
1. Trezor
You have to admire this particular wallet because it was the first one in hardware form. However, the most important thing about this wallet is that its developers created it for Bitcoin. They soon realized the importance of Ethereum in the cryptocurrency market and made their wallet available for Ethereum owners as well. The device is just like any other USB flash drive that you carry in your pocket. What makes this wallet secure is its offline capability of storing your digital coins. Keep your Ether safe offline so no one on the internet ever knows that you own some.
2. Ledger Nano S
Again, you are looking into a wallet in the hardware form. Why are hardware wallets so famous? Well, because they allow you to save your digital assets offline as well. Keep in mind that no matter how many features a wallet has, for as long as it is connected to the internet, it is just as vulnerable as any other online wallet. So, when you have purchase Ethereum from an online exchange, you should instantly move it to this hard wallet. Keep it with you and plug it in only when you need it. Your key to access your coins is also on it for you to be able to use it when you plug it in.
3. MyEtherWallet
This particular wallet might not be the safest on the list because it is not primarily meant to keep your digital coins offline. The most important thing about this wallet is that it will work with the browser on your device. As of now, you can simplify the use of this wallet by downloading and installing its extension on your Chrome browser. It is amazing how you can integrate the two wallets mentioned above on it.
4. Final Thoughts
Once you have found the right wallet, you should look for the right place to start trading your Ethereum because keeping it safe will not multiply it as fast as trading it will. If you are okay with the idea of trading your Ether coins and increasing them fast, https://xtrgate.co.uk/ is the first place where you start. The other safe place for you to trading crypto-coins and earn profits on their trades is Neuer Capital blog trading. When you have traded and moved your coins, save them on your offline wallet to protect them from online criminals and hackers.
