Best Ethereum Wallet UK – 5 Best Ethereum Wallets in 2022
Whether you are on the road to discovering the world of cryptocurrencies or are experienced and just here searching for storage solutions – never underestimate the importance of a wallet when buying Ethereum. There are various types of wallets to consider for storing your ETH tokens, all of which we shed some light on throughout this guide.
As well as talking about what options you have to store your investment, we review the best Ethereum wallets in the UK and explain how you can set up today!
Table of Contents
#1 Ethereum Wallet In the UK – eToro
Best Ethereum Wallet in the UK – Top 6 List
To get the ball rolling, you will need to find a decent wallet provider. If you are in a hurry, below you will find a list of the best Ethereum wallets in the UK.
- eToro – Overall Best Ethereum Wallet in the UK
- ZenGo – Efficient and Secure Ethereum Wallet
- Coinbase – Best Ethereum Wallet for Beginners
- OKEx – Recommended Ethereum Wallet for Features and Tools
- Binance – Best UK Ethereum Wallet for Asset Diversity
- Coinjar – Best Ethereum Wallet In the UK for Buying and Selling Small Amounts
Next, we review the above-mentioned UK Ethereum wallets in full and explain their safety features, fees, and strong points.
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
Best Ethereum Wallet in the UK – Full Reviews
When you are researching the best Ethereum wallet in the UK, it’s important that you look at a wide range of different aspects. This doesn’t just mean checking out what fees you will be liable for but also involves considering how your investments will be kept safe from crypto criminals.
Your Ethereum investment should be readily available when you need it. As such, it’s also crucial to think about how you might access your ETH tokens too. Different options include; online access, mobile app, desktop offering, or a physical hardware device. You should also consider whether you can buy and sell digital assets from your Ethereum wallet.
1. eToro – Overall Best Ethereum Wallet in the UK
In terms of digital assets, there are more than 120 to choose from on the eToro Money crypto wallet. Moreover, you can swap and change any of over 500 cryptocurrency pairs with one another – crucially, without the need to transfer any assets elsewhere first. This will prove invaluable when you want to add more tokens to achieve asset diversity in your portfolio. Alternative coins include IOTA, Cardano, Litecoin, Dash, Binance Coin, Chainlink, Ripple, EOS, Stellar, and many more.
As well as listing cryptocurrencies, this broker offers thousands of different markets. This covers forex, tons of international stocks, commodities, indices and ETFs. The app is easy to use – simply download it from the relevant store and enter the login details used on your eToro account. There is no danger of losing your private keys with this Ethereum wallet provider. This is because the platform provides a security backup service in the event you need to recover access to your wallet. You can add funds using debit/credit cards, bank transfers, and e-wallets like PayPal. Note, there is a competitive fee of 0.5% to convert GBP into USD.
This overall best Ethereum wallet in the UK allows you to easily transfer, receive, and store your cryptocurrencies anywhere on the blockchain. This is achieved by using your own unique private on-chain address. For stronger security, the eToro Money crypto wallet uses standardized protocols and various high-level security features. The latter is inclusive of DDos and multi-signature facilities to protect your investment against unauthorized access. Notably, this provider only charges a spread to trade digital assets (from 0.75%). As you will have an account, you can also easily access the main eToro platform to buy and sell cryptocurrencies at a minimum stake of just $25 (about £18).
Pros
- Invest in cryptocurrencies on a spread-only basis
- Top-rated cryptocurrency wallet app on Android and iOS
- Minimum investment per trade from just $25
- Supports debit/credit cards, e-wallets, and local bank transfers
- Regulated by the FCA, CySEC, and ASIC
- Used by over 20 million people
- Perfect for beginners
- Social and copy trading tools
Cons
- Perhaps too basic for technical traders
- No support for MT4 or MT5
Cryptoassets are highly volatile unregulated investment products. 68% of retail investor accounts lose money when trading CFDs with this provider.
2. ZenGo Wallet – Efficient and Secure Ethereum WalletÂ
ZenGo is a non-custodial, keyless crypto wallet, making it the simplest yet most secure and always recoverable wallet to invest in cryptocurrency. Create an account in just 19 seconds and be the true owner of your crypto. Until the end of January 2022, users of ZenGo will be able to earn 5% APY on their bitcoin up to $50,000 worth of BTC. Above $50,000 users will earn 1% APY. Facilitating the storing, trading and movement of crypto, ZenGo allows users to sell Bitcoin in Europe, the UK and the US. Additionally, ZenGo will soon also be offering reduced fees, lower minimum deposits, new options for trade and 8% APY on USDC, USDT, DAI and NEXO tokens will be offered, no limits or tiers
Pros
- 24/7 customer support from real agents
- Earn 4% APY interest on your Bitcoin
- Offers over 70 crypto assets including Bitcoin, Ethereum, Dogecoin
- Store, trade, buy and receive crypto all in one place
- $10 cashback in BTC for purchases of over $200 by applying the code ZENX0B4G
Cons
- Under 100 cryptocurrencies currently available
- Not 100% non-custodial
3. Coinbase – Best Ethereum Wallet for Beginners
The Coinbase Ethereum wallet must adhere to the many written procedures and policies in place – such as verifying your identity and gaining an understanding of your trading history and experience of risk. This is another offering that comes in app form, which makes accessing your portfolio an easier process for most people. You could also opt to download the desktop extension for Google Chrome. In this instance, your private pass keys will still be safe on your mobile phone. This allows you to access your Ethereum wallet on the web – without worrying about your tokens being stolen without your knowledge.
Another factor that makes Coinbase one of the best Ethereum wallets in the UK is that there are over 500 markets to trade. This guide found categories covering NFTs (non-fungible tokens), ERC-20 tokens, and DeFi coins. This includes Tether, Chainlink, Dogecoin, Uniswap, Ripple, Polkadot, Litecoin, Stellar, EOS, Dai, and many more. Additionally, you can trade these digital assets on DEXes (decentralized exchanges) within the app – for instant and convenient token conversion. This Ethereum storage option is not short of security features, either.
Not only does Coinbase use cold storage to protect your digital funds, but your investment will be secured using 2-factor authentication. The Coinbase app enables you to keep your ETH tokens on your mobile phone. Additionally, you can look after your own private keys – without the need for a crypto exchange or brokerage. For an extra layer of security, you are encouraged to set up fingerprint ID and biometric access. For those who would rather not have the burden of this responsibility, you can just use the web wallet, whereby the broker manages your private keys and such for you.
Pros
- One of the most popular cryptocurrency exchanges
- Mobile wallet on iOS and Android devices – control your private keys
- More than 56 million users
- Supports instant debit card purchases
- Dozens of digital currencies to choose from
- Institutional-grade security practices
Cons
- Debit card deposits are expensive at 3.99%
- You will pay a standard trading commission of 1.49%
at eToro, the UKs #1 Broker
Cryptoassets are highly volatile unregulated investment products. 68% of retail investor accounts lose money when trading CFDs with this provider.
4. OKEx – Recommended Ethereum Wallet for Features and Tools
There are over 400 cryptocurrency pairs listed by this provider, which means if you decide to diversify or change your strategy, you can with ease. The commission fees charged here are really competitive, starting at 0.1%. Additionally, this guide found tons of sophisticated tools offered by within the OKEx Ethereum wallet. This includes the ability to buy and sell DeFi directly via the wallet, which saves you from having to leave the app.
Not only that, but with this offering, you essentially have an exchange platform in the palm of your hand – because you can sell, buy and trade ETH coins at the click of a button. Other tokens include Bitcoin, Ripple, Cardano, Tether, Chainlink, Polygon, OKB, and many more. In terms of safety, only you will hold your private keys, which means only you can access your Ethereum investment. You can also explore newly released digital currencies via your wallet.
If opting for a credit/debit card to fund your account, note there is a small fee. If you choose a cryptocurrency such as Ethereum, Bitcoin, or Tether, for instance, you won’t have to pay anything. Other accepted deposit methods include e-wallets such as PayPal, Apple Pay and Google Pay. This makes buying and selling ETH tokens via your wallet app a fast and stress-free process. Alternatively, you can transfer coins between the platform and the app by going to ‘My Wallet’.
Pros
- Trusted crypto exchange with over 20 million users
- More than 400+ digital currency pairs
- Buy and sell cryptocurrencies with a debit/credit card or bank transfer
- Low commissions that start from 0.1%
- Fully-fledged mobile app on Android and iOS
- Great reputation and highly secure
Cons
- Debit/credit card fees could be more competitive
- Derivative products are too complex for beginners
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 68% of retail investor accounts lose money when trading CFDs with this provider.
5. Binance – Best Ethereum Wallet in the UK for Asset Diversity
Binance is a well-known crypto platform serving more than 100 million people worldwide. This provider offers the best Ethereum wallet in the UK for asset diversity. Here, digital currencies can be filtered down by PoW (proof of work), PoS (proof of stake), innovation, NFT (non-fungible token), DeFi (decentralized finance), BSC (Binance smart chain) and storage coins.
Aside from Ethereum, this guide found over 500 big and small-cap cryptocurrencies. This includes Binance Coin, Uniswap, Ripple, Litecoin, Cardano, Bitcoin Cash, Dogecoin, Chainlink, Polkadot, Solana and more. Of course, this means that you can create a diverse portfolio of digital assets under one roof. Notably, to add funds to your account with credit/debit cards, you will need to complete KYC and upload documents proving your ID.
This Ethereum storage solution offers the option of a web wallet and a downloadable Trust Wallet. The first option will see you using your broker details to log in online (or on mobile if preferred) and viewing your investment there. There should be little to no safety concerns, as most of your funds will be kept secure in cold storage. Binance also utilizes 2-factor authentication and address whitelisting for extra protection against unauthorized access.
Alternatively, the best Ethereum wallet option for you might be the Binance Trust Wallet. This decentralized crypto wallet is compatible with multiple third-party storage options and markets. You are in control of your own passwords and investments – so buying, selling, and storing your ETH coins are all possible from your mobile. Whatever you decide the best option is for your needs – commissions start at a very competitive 0.1% to buy and sell digital assets.
Pros
- Facilitates billions of dollars in daily trading volume
- Supports hundreds of digital asset pairs
- Near-instant deposits via debit/credit cards
- Trading commission starts at just 0.1% per slide
- Offers crypto savings accounts
- Ideal for both beginners and experienced traders alike
Cons
- Not all supported cryptocurrencies can be purchased with a debit/credit card
- No e-wallet deposits or withdrawals
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 68% of retail investor accounts lose money when trading CFDs with this provider.
6. Coinjar – Best Ethereum Wallet In the UK for Buying and Selling Small Amounts
Whether you opt for desktop or mobile, the Coinjar Ethereum wallet is easy to navigate. The interface has clear tabs showing deposit, convert and send options – all possible from both Coinjar users and external accounts. Furthermore, you can buy and sell between fiat and digital currencies on the go. Alternative digital assets here include well-known tokens like Tether, Ripple, Bitcoin, Litecoin, and EOS, and smaller coins like Enjin, Synthetix, OMG, and more.
If you like a more personal experience, this Ethereum wallet enables you to customize various settings. This includes being able to set up push notifications when ETH and other markets hit a specific value price. You will also get price alerts in real-time and can easily monitor the performance of your portfolio whenever you feel like it. This ensures you never miss a beat – which is crucial with such a speculative and volatile asset class.
The popular Ethereum wallet offered by Coinjar is suitable for both Android and iPhone users and is free of charge. Furthermore, you can buy ETH coins instantly by using a debit/credit card to fund your account, but note there will be a charge of 2%. You can also deposit using British pounds with a UK bank transfer via the Faster Payments network. Furthermore, you will not be charged a fee to withdraw GBP to your bank account.
Pros
- Has been active in the crypto brokerage arena since 2013
- Very user-friendly platform – so perfect for beginners
- Mininmum deposit of just £5
- No fees to deposit funds via bank transfer
- Debit/credit cards also supported
- Top-rated mobile app
Cons
- Too basic for experienced cryptocurrency traders
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 68% of retail investor accounts lose money when trading CFDs with this provider.
What is an Ethereum Wallet UK?
Much like when we open an account with a bank for the safekeeping of our British pounds – the best Ethereum wallet in the UK will allow you to store your digital currencies without fear of theft. As you have seen in the above reviews, this storage option comes in a few different forms. There will be differences – such as whether you can also send and receive tokens. Most wallets come in the shape of a mobile phone app, hardware (physical device), or web wallet.
The latter means, whether on your home computer or via your mobile 4g data – you can access the investments in your wallet on any browser. Notably, you must thoroughly research the wallet and provider in this instance, as your private details could be vulnerable. The best Ethereum wallets in the UK facilitate the buying, selling, sending, and receiving of ETH coins – as well as other cryptocurrencies.
- By opting for a broker with a strong regulatory standing, like the aforementioned eToro, you can buy, sell and store Ethereum in safety.
- Not to mention the super low fees and the option of heaps of payment types to make a deposit.
- You can also send and receive other crypto coins.
- If you want to send tokens on eToro’s crypto wallet, you will log in, click ‘Balance’, select the asset to send and enter the recipient’s public wallet address.
For anyone completely new to the cryptocurrency space, we cover all aspects of how to find the best Ethereum wallet in the UK next.
5.0 | 4.3 | 5.0 |
10/10 | 9/10 | 1/10 |
134 | 15 | 59 |
Spreads | N/A | N/A |
N/A | N/A | N/A |
5 USD | N/A | N/A |
N/A | CBI and MiFID in Europe | N/A |
50$ | $100 | N/A |
N/A | 1:2 for cryptocurrencies | N/A |
$28230.72 | $28326.70 | $28340.81 |
$1972.77 | $1942.77 | $1949.54 |
$0.38 | $0.38 | $0.38 |
$0.99 | N/A | N/A |
$63.31 | $62.50 | $62.44 |
$187.75 | $186.55 | $186.65 |
$6.26 | $6.35 | $6.27 |
$0.47 | N/A | $0.46 |
$0.29 | $0.29 | $0.29 |
$277.73 | N/A | $271.36 |
$0.12 | $0.12 | $0.12 |
$47.03 | N/A | $46.75 |
$1.01 | N/A | N/A |
$1.29 | $1.27 | $1.26 |
$137.68 | N/A | $138.23 |