My Ether Wallet is an interesting option thanks to their MEWconnect application and the redesign of their website.
Cruxpool's selection of Ethereum and Ethereum Classic wallets
It is very difficult to find a wallet that is perfectly convenient for us. Especially since the offer has become extremely large. That’s why we, at Cruxpool, have conducted our research and selected the best wallets for you.
In this article :
What is a crypto-wallet ?
But, back to basics, what is a wallet ? This is essential in cryptocurrency, because if you want to stock, transfer and receive coins. You must have a wallet. In the case of mining, the wallet will receive and store the payment from the mining pool. It’s like your bank account for cryptocurrency.
When you open a wallet. You will receive a wallet address. This is the equivalent of your bank account number. It uses the same process as a normal bank except that you do not enter your name or any other personal details. This wallet address will allow you to be identified when you receive or send cryptocurrency.
There are two types of wallets. There are physical wallets and dematerialized wallets. As their names suggest, one is physical taht you can hold in your hand while the other is dematerialized and is available on a computer, a smartphone, etc. There are also wallets that you can store, make or receive a transaction in only one currency, while others can contain several cryptocurrencies.
Our selection of dematerialized wallets
A dematerialized wallet offers an all-digital solution. This means that you access your account through a website, a web browser extension, a software on your computer, or an application on your smartphone. These solutions are the most common, but may be more often subject to security issues if you’re not careful enough.
My Ether Wallet is a free and open-source online wallet. Created in 2015, by Kosala Hemachandra, MEW allows you to open an Ethereum wallet in which you can send, receive and of course stock your Ether during your mining. It is also possible to buy Ethereum directly from the site.
My Ether Wallet also exists as a mobile application, called MEWconnect. It is available on Google Play and App Store. The new version of the My Ether Wallet website (version 5) offers a redesigned, modern and intuitive interface. It is very pleasant to use or create a wallet. The same observation can be made for the MEWconnect application.
The application serves as an account window, but also as a way to connect to the full version of your wallet on your web browser. Authentication is done through a QR Code scan. This makes your smartphone your new private key.
My Ether Wallet is also compatible with physical wallets, such as Ledger or Trezor.
MyCrypto is also a free and open-source online wallet. Created in 2015 by Taylor Monahan, MyCrypto lets you open an an Ethereum wallet but also an Ethereum Classic wallet where you can transfer, receive and of course stock your Ether and Ether Classic. MyCrypto also exists in software version, available on macOS, Windows and Linux. MyCrypto does not offer a mobile application.
The wallet offers a simple and intuitive interface. Creating an account is easy. You can authentify yourself with a keystore file, a mnemonic phrase, or with physical wallets, such as Ledger or Trezor.
My Crypto is clearly a must-have in the Ethereum wallet genre. Simple, effective and efficient.
Exodus is a free wallet software. Available on macOS, Windows and Linux, it was created in 2015 by JP Richardson and Daniel Castagnoli. Exodus enables you to open a wallet that can store different cryptocurrencies in which you can send, receive and of course store your Ether and Ether Classic.
Exodus also exists as a mobile application, called Exodus. Available on Google Play and App Store. The software, as well as the application, certainly offer the best user experience in terms of interface. As soon as you launch the software or application, choose the coins you are interested in and an address will be created automatically.
On the negative side, your account is only available on the platform where you created it. You will not be able to connect your account to the software and the application.
Exodus is also compatible with the physical wallet, Trezor One & Model T.
Exodus is a powerful wallet with a very pleasant interface. It is multi-coin, which makes it a very interesting option for cryptocurrencies collectors
Jaxx Liberty is a free wallet. It is available as a Google Chrome extension, as a software version for macOS, Windows and Linux, but also as a mobile application, on Google Play Store. Created in 2016, by Decentral, a Canadian company managed by Anthony Di Ioro, Jaxx allows you to open a wallet that can store different cryptocurrencies including ETH – and ETC. You will be able to send, receive and of course store your cryptocurrencies.
Jaxx has a little bit more chaotic interface, but it is still readable and understandable. The software and application offer a news section that will allow you to have a press review of the world of cryptocurrency. Unlike Exodus, you can connect to different supports with the same account.
An important fact : Jaxx Liberty is not compatible with mining payout.