How do I store Ethereum?
Storing Ethereum is relatively easy and can be done in a variety of ways.
The most popular way to store Ethereum is through a cryptocurrency wallet. A cryptocurrency wallet is a digital wallet that stores your private keys, public keys, and transaction history. These wallets come in many different forms, including desktop wallets, mobile wallets, web wallets, and hardware wallets.
Desktop wallets are software programs that you can download and install on your computer. They are the most secure type of wallet as they are not connected to the internet and are therefore less vulnerable to hacking attempts. Popular desktop wallets for Ethereum include Exodus, Jaxx Liberty, Atomic Wallet, and Trust Wallet.
Mobile wallets are apps that you can download onto your smartphone or tablet device. They offer convenience as you can access them from anywhere with an internet connection but they are less secure than desktop wallets as they are connected to the internet. Popular mobile wallets for Ethereum include Coinbase Wallet, Trust Wallet, Enjin Wallet, and MyEtherWallet (MEW).
Web wallets are online services that allow you to store your Ethereum in their cloud-based storage system. They offer convenience as you can access them from anywhere with an internet connection but they also come with security risks as they are connected to the internet and may be vulnerable to hacking attempts. Popular web wallets for Ethereum include MetaMask, MyCryptoWallet (MCW), MyEtherWallet (MEW), and Coinbase Wallet.
Hardware wallets are physical devices that store your private keys offline in a secure environment. They offer the highest level of security as they are not connected to the internet but they also come with a higher price tag than other types of cryptocurrency wallets. Popular hardware wallets for Ethereum include Ledger Nano S/X/X2/X3/X4/X5/X6/X7/X8/X9/X10 and Trezor One & Model T.
