Top 5 Best Ethereum Wallets in 2025

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eToro 4.6/5

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Choosing the right Ethereum wallet is important for securely managing your ETH and other crypto assets. Our experts have tested and reviewed a wide range of Ethereum wallets to bring you the best options. 

Each wallet listed here has been ranked based on its features, security, and suitability for various types of users. 

Whether you’re a long term Ethereum holder, a short term trader, or looking to explore decentralized finance, this guide includes the best Ethereum wallets for every type of investor or trader.

Best Ethereum wallets overall for 2025

What are the best Ethereum wallets?

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

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eToro review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

4.2

Coinbase

Min. Deposit $10

Fees Up to 0.6%

No. assets 150+

Demo account No

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Coinbase review

Top 5 Ethereum wallets, reviewed

1. eToro. Best for beginners, copy-trading & demo-account

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4.5

Ratings

$100

Min. deposit

From 1 pip

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s an easy place to trade the currency markets. Forex can be intimidating, but eToro strips back the complexity to give you a platform where you can trade 50+ currencies at competitive prices and with up to 30x leverage*.

*CFDs trading is restricted for US users.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see how all the major and minor forex pairs are performing every day, track how investors feel about every one of those currencies, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: eToro charges a fee on currency trades through the spread. Spreads are variable depending on the currency and start from 1 pip for EUR/USD trades, 1.5 pips for EUR/GBP, and 2 pips for GBP/USD. Overnight and weekend fees apply.

Highlights

No. of tradable assets	3600+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN

Fees & Costs

Trading fees	Yes, on certain assets
Inactivity fees	Yes
Rollover/overnight fees	Yes, on CFDs
Withdrawal fees	Yes
Spreads	Yes, on certain assets
Conversion fees	Yes, for non-USD currencies

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

2. Coinbase. Best secure trading platform for all types of trader

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4

Ratings

€10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

No. of tradable assets	150+
Min. Deposit	$10
ID verification required	Yes
Free demo account	No
Supported assets	Crypto, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, FCA, NFA

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	No
Withdrawal fees	Yes
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Simple and easy to use interface Able to buy cryptocurrencies instantly with a credit or debit card Offers great security on its wallet Can use a variety of payment methods

Quite high fees for credit and debit card instant buys Poor customer support

Read review Visit Coinbase

What is an Ethereum wallet?

It’s like a bank account for storing Ethereum. An ETH wallet is your means of interacting with the Ethereum blockchain, to send or receive money, or simply to hold it. This is a similar idea to bank accounts that let you transfer money to other people through traditional financial institutions.

How do Ethereum wallets work?

Each wallet has a unique address on the Ethereum blockchain. You access it by providing the address and your passcode. Wallets ‘talk’ to each other on the blockchain using these addresses.

To receive money, you just need to provide the address to whoever is sending it. To send money, you have to enter your passcode (also known as a private key). The two strings of numbers help keep your account relatively anonymous and secure, so it’s important to keep the private key safe.

Types of Ethereum wallets

Etheruem wallets come in many different shapes and forms, each catering to the specific needs of various users. Below, we’ll break down the key types of Ethereum wallets and explain their benefits.

• Hot wallets. Hot wallets are always connected to the internet, making them highly accessible and convenient for users who need to make frequent transactions. These wallets are easy to set up and use, but because they’re constantly connected online, they are more vulnerable to hacks. 
• Software wallets. These types of wallets are applications you can install on your desktop or mobile device. Software wallets offer a good balance between security and convenience. Many of the best Ethereum software wallets come with additional features like the support for multiple cryptocurrencies. 
• Desktop wallets. As mentioned above, desktop wallets are applicaitons you download and run directly on your computer. Ethereum desktop wallets store your private keys locally ont he device, making them more secure than online wallets. If your computer gets compromised, your desktop wallet could be at risk. 
• Mobile wallets. As the name suggests, mobile wallets are applications you download onto your smartphone or tablet. These types of Etheruem wallets are best suited to users who need quick access to their funds while on the go. Many of the best Ethereum mobile wallets support QR code scanning for transactions. 
• Online wallets. An Etheruem online wallet, or wel wallet is hosted by a third party service provider and is accessible through your web browser. These wallets store your private keys on the providers services making them convenient but less secure when compared to other types of ETH wallets. 
• Cold wallets. These types of wallets, also known as offline wallets, are not connected to the internet which makes them one of the most secure ways to store your Ethereum. Cold wallets are best suited for long term storage and for users who prioritize security over convenience. They’re also an excellent choice for storing large amounts of Ethereum safely. 
• Hardware wallets. Hardware wallets widely considered as one of the most secure type of cryptocurrency wallet. They are physical devices that store your private keys offline. They wallets are only connected to the internet when you need to make a transaction and usually require a pin or password to access your funds. 
• Paper wallets. A paper wallet is simply a piece of paper that contains your private and public keys. This is a cold storage solution, meaning it’s completely offline and immune to digital attacks. However, paper wallets are susceptible to physical damage or loss, so it’s important to keep them in a safe and secure location.

How should I choose an Ethereum wallet?

The most important factor should be security, as that’s the main reason for using a wallet rather than leaving your ETH in an exchange account. Alongside that, consider these features to help you make the best decision.

• Price. Most online wallets are free but you have to pay for any that include a physical device. Normally it’s just a one-off cost, but some more advanced hardware wallets can be quite expensive. Our rankings value security highly so we have included wallets with hardware devices.
• Accessibility. You can access most wallets through a laptop or mobile device, but some hardware wallets can be more awkward. All of the options in our list are easy enough to use but online wallets are the most convenient, especially for beginners.
• Whether it offers staking. Staking is when you earn money on the coins you hold. Some wallets offer this feature on ETH, you may want to look at the best staking platforms if you want to maximize earnings on the crypto you own.
• Account recovery options. Online wallets like Coinbase make it relatively simple to access your account if you forget your password. Wallets that prioritize security, however, can be more difficult. Normally you need to provide a 12-word key to recover your account. Again, you need to decide between security and convenience. 
• Mobile app. If you plan on managing your money on the go then an app is vital. Normally both Android and iOS apps are available, but this is worth checking before you sign up.
• Hardware device. Wallets like Ledger and Trezor come with physical devices that store your unique wallet address and details. If security is one of your main concerns then prioritize a wallet that comes with a hardware device.
• Backup available. The best way to combine security with recovery options is to buy additional offline devices to back up your details. Trezor in particular offers this feature, although it can add a lot to the price of your wallet.

Should I use an Ethereum wallet?

It’s a good idea to use a wallet to store Ethereum. Wallets are more secure than exchange platforms because you control the account details, rather than leaving them in the hands of a third party. Without a wallet, you could lose access to your coins for reasons outside of your control.

A hardware wallet is the best option to maximize security. An online wallet is normally more convenient, easier to use, and a good option if you plan on using your money more often. There are some wallets, like CoolWallet, which offer a hybrid option. See our top choices across all crypto wallets here.

Pros and cons of an Ethereum wallet

To help you decide whether to use a wallet, we’ve summarised the main pros and cons of getting one.

What are the fees for Ethereum wallets?

Online wallets are normally free and you only have to pay for a wallet that includes a physical device. There might be fees for using other features, such as an exchange or staking. None of the top wallets charge ongoing subscription fees.

FAQs