Ethereum Classic (ETC) is one of the most well-known cryptocurrencies, hence the existence of many Ethereum Classic wallets on the market. Among this wide choice, how to find the right Ethereum Classic Wallet? Security, number of features and ergonomics, we give you information on the criteria to be taken into account as well as a list of the best ETC wallets. By the way, if you want to know more about cryptocurrency, do not hesitate to consult our full definition as well as our opinion.
Choose an Ethereum Classic wallet
You are embarking on the purchase ofEthereum Classic (ETC) and you wonder about the best way to store your virtual currency? First, eliminate the option of storing Ethereum Classic on trading platforms. Why ? Because’no platform is immune to a breach. So not only your account, but also your cryptocurrencies will be available to a hacker. In addition, the site can close at any time due to bankruptcy. In both cases, the consequence would be the same: you would lose your corners! Hence the interest of place your cryptoassets in a wallet outside the platform.
In the category of Ethereum Classic wallets, the most secure are cold wallets, which allow you to store your cryptocurrencies offline and therefore eliminate all risks associated with the Internet connection. They come under material form, that is to say a USB key or a sheet of paper. This will allow you to protect your cryptocurrencies, then take them out for resale when the ETC price rises, for example.
Less efficient in terms of safety, hot wallets, which use devices connected to the Internet to store your cryptocurrency, come in sub-categories to protect your ETCs:
- Office portfolio (software);
- Mobile wallet (mobile applications);
- Online wallet (specialized sites).
Others arguments can refine the selection of your Ethereum Classic wallet, like the number of accessible features, practicality for carrying out daily trading, or the ergonomics of the interface that is more or less easy to understand.
What is the best Ethereum Classic wallet?
After purchasing ETC tokens on a cryptocurrency exchange, it is therefore necessary to store them in a wallet. To help you choose your Ethereum Classic wallet, we have selected for you the best products.
The best performing ETC hardware wallets are the Ledger Nano X (more than one hundred cryptocurrencies can be managed simultaneously, Bluetooth functionality, intuitive display), the Ledger Nano S (which is the previous version of the first quoted wallet), which remains interesting in terms of value for money, and the Trezor Model T (Trezor Bridge multifunction software, 1000 storable virtual currencies). Ledger and Trezor dominate the market and provide reassurance through their experience.
Ethereum Classic: desktop and mobile wallets
Among the desktop and mobile wallets for ETC, several brands stand out:
- Atomic wallet : 300 different virtual currencies, anonymity of transactions, private key and transaction data only stored on the user’s device;
- Jaxx Liberty Wallet : 80 different cryptocurrencies, one of the best wallets for Bitcoin (BTC) and Ethereum (ETH);
- Exodus Wallet : good user experience, efficient customer support and local encrypted data;
- Coinomi Wallet : 275 virtual currencies, seniority and notoriety and protection of privacy.
Ethereum Classic: online wallets
The online wallet offers access anywhere in the world provided you have an Internet connection. Among the portfolios Ethereum Classic online, let’s quote MyEtherWallet (MEW), an interface that allows access to the Ethereum blockchain and sending transactions. Appreciated by the community, it does not require any specific technology or software to use the wallet.
Other solutions similar to MyEtherWallet exist. We can thus quote MetaMask and MyCrypto.
The choice of a cryptocurrency wallet should always be a priority for the storage security of your Ethereum Classic. This is what we explain to you in our guide to getting started in cryptocurrency. Also, thanks to Ethereum and Ethereum Classic interoperability project, it may be interesting to opt for a wallet supporting these two cryptocurrencies. And you, which wallet did you choose?