Best Ethereum Wallet UK – 5 Best Ethereum Wallets in 2022
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
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
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.
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.
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.
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
Cons
Cryptoassets are highly volatile unregulated investment products. 68% of retail investor accounts lose money when trading CFDs with this provider.
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
Cons
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
Cons
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.
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
Cons
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.
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
Cons
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.
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
Cons
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.
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.
For anyone completely new to the cryptocurrency space, we cover all aspects of how to find the best Ethereum wallet in the UK next.
CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.
CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.
83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko
5.0 | 4.3 | 5.0 |
10/10 | 9/10 | 1/10 |
74 | 15 | 60 |
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 |
$25378.17 | $25214.84 | $25227.41 |
$1667.21 | $1656.48 | $1662.25 |
$0.48 | $0.49 | $0.48 |
$1.01 | N/A | $1.01 |
$73.90 | $73.61 | $73.54 |
$102.79 | $103.04 | $103.09 |
$5.30 | $5.33 | $5.26 |
$0.27 | N/A | $0.27 |
$0.15 | $0.16 | $0.16 |
$240.22 | N/A | $238.08 |
$0.08 | $0.08 | $0.08 |
N/A | N/A | $24.16 |
$0.64 | $0.65 | $0.64 |
N/A | N/A | $135.77 |
Earlier, we reviewed the top five Ethereum storage solutions and explained the various features and options offered by the providers behind them. When it comes to how to find the best Ethereum wallet in the UK, you will need to have a clear idea of what makes a good one and perform some in-depth research of your own to reach a conclusion.
What you consider a priority ultimately depends on your own goals for Ethereum. For instance, you might favor asset diversity and not be too concerned with the ability to access your funds in multiple different ways. Nevertheless, to help you find the best Ethereum wallet in the UK, you will see a list of key metrics below.
When you are researching the best Ethereum wallets in the UK, you will notice they are backed by third-party providers. With this in mind, it is imperative that you check out the credentials – namely reputation and regulation. There are many storage options that have no financial authority keeping an eye on how business is conducted – nor how your funds are handled.
In stark contrast, the eToro brokerage platform is regulated by the FCA, CySEC, and ASIC. Your currencies are kept safe with DDos protection, standardization protocols, and multi-signature facilities. Furthermore, if the worst happens and you lose your personal key – you have the unlosable on-chain private key service to fall back on. This allows you to recover your details in a secure environment.
Security is key when it comes to finding the best Ethereum wallets in the UK! The last thing you want is to grow your digital currency holdings, only to have them all taken away by cybercriminals. In a nutshell, if thieves mine your assets because you have no safety measures in place, you will probably not realize until it’s too late.
See below some of the key security features that the best Ethereum wallets in the UK should possess:
You will see the various types of Ethereum wallets available in the UK below. Take a look and see which variety might be most suited to your crypto goals.
As we mentioned earlier, when reviewing the best Ethereum wallets in the UK, there are different options available. To give you an indication of which might be most suitable for you, see the most common below.
Mobile wallets in the UK offer speed and convenience. This usually entails signing up with the best Ethereum provider and then installing a free application. This enables you to buy, sell, send, and receive ETH tokens in the palm of your hand – wherever you are. As we said, you will also be able to check how the contents of your portfolio are performing and view real-time price alerts and such.
When you are searching for the best Ethereum wallet in the UK, make sure you check how the provider will secure your investment. As we touched on, basic safety would include biometric authentication using your fingerprint and multi-signature facilities. The goal with any wallet should be to protect your ETH coins from unauthorized access, and crime of any description.
Many newbies looking for the best Ethereum wallet in the UK might well be put off by a hardware offering. With that said, it is widely believed to be the safest option – provided you know how to secure it properly.
Hardware devices are considered one of the best forms of Ethereum wallets in the UK. This is largely due to the fact they isolate your private information and keys away from the prying eyes of the internet. This measure of keeping digital assets offline is known as cold storage and makes your cryptocurrencies far less vulnerable to hackers – of which there are many.
The downfall with this method of Ethereum wallet is that unlike with a mobile app – you can’t access your cryptocurrency funds as and when you see fit. That is unless you have a laptop or PC with you at all times, which is unlikely. You can access your account at any time via the eToro wallet app – all you need is your mobile and an internet connection.
This guide on the best Ethereum wallet in the UK found although there are heaps of desktop crypto storage options – it may be the least flexible variety for modern traders and investors. This is because, if you are away from your home computer but spot a potentially profitable opportunity, you might have missed it by the time you return home.
If you decide the right storage for your ETH tokens is a web wallet – you will buy, sell, and safeguard your crypto investment in one place. The best Ethereum wallets in the UK will be regulated for your safety.
This can be carried out within your account, which saves you from transferring any assets back and forth between third-party exchanges.
Should you ever plan to branch out and diversify your digital holdings (if you haven’t already) – the best Ethereum wallet will support and list multiple currencies.
This saves you from having to sign up with a different provider to add to your portfolio later on.
If you are searching for the best Ethereum wallet simply to securely store your digital assets – then you may not be concerned with features. With that said, there is no harm in being aware of what’s out there.
As such, you will find a few of the most common features offered by the best Ethereum wallets below.
Regardless of what type of storage you choose – the best Ethereum wallets in the UK will show real-time price updates. Furthermore, you should be able to view how your portfolio of assets is performing with just a few clicks.
Another aspect to check is whether the Ethereum wallet allows you to see your account in British pounds – rather than just US dollars. This will save you from having to convert the price, profits, and losses of your investments or from downloading a conversion calculator.
There may come a time when you want to exchange your ETH coins for something else. If this sounds like something you might want to do, you should check that you are able to perform the swap from within the wallet. At eToro, you can change Ethereum to the likes of Litecoin or Dogecoin with a simple trading order.
Some of the best Ethereum wallets in the UK will let you buy and sell cryptocurrencies – in addition to storing your ETH coins. eToro is by far the most convenient option as you can complete the process within the app. This provider goes one step further by enabling you to make instant deposits using debit and credit cards, as well as e-wallets such as PayPal.
To get started with the best Ethereum wallet in the UK, you need to sign up with the provider behind it. For anyone who has no experience investing in cryptocurrencies, you will see a walkthrough below.
As eToro came out as the best Ethereum wallet in the UK – out of hundreds – we are using this platform for the purposes of this step-by-step signup.
eToro is regulated by the FCA, CySEC, and ASIC – so you know you can store ETH coins in safety with this Ethereum wallet. As this brokerage holds a license, you will need to complete step one by entering your name, username, email, password, and phone number. This is in addition to your home address and date of birth.
Check all the information you have entered is correct because you will need to back this up with documentation in the next step. This is because the best Ethereum wallets in the UK adhere to anti-money laundering policies.
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
At this stage, you can complete your registration by sending a clear copy of the photo page of your passport or driving license. So that the Ethereum wallet provider can validate your residential address, you will need to send a copy of a bank statement or a utility bill. eToro uses automated technology for this part, so you will usually receive confirmation within minutes.
Next, you can download the best Ethereum wallet in the UK. The safest way to do this is via the official eToro website. Here you will see links to the App Store and also Google Play for Android users.
Upon being redirected to the relevant app store, you can follow the instructions on-screen to download and install the eToro Ethereum wallet.
By this point in the sign-up process, you should have a fully validated account, have downloaded and installed the wallet app – and be in a position to fund it.
There are two ways in which you can do this, see below:
One of the key advantages of opting for the eToro Ethereum wallet is that you will not be charged to store your digital currencies in safety. As we touched on, this is also highly convenient when you decide to cash out your ETH coins for profit or to invest in another market.
In this guide, we’ve talked about the various types of storage available for Ethereum – as well as features and what differentiates them. The hardest part about trading and investing in ETH coins is finding the best wallet.
We reviewed a wide range of providers based on a set of strict criteria such as reputation and regulation, market diversity, fees, and whether you will be able to perform other tasks such as buy, sell, trade, and convert.
The stand-out winner of the best Ethereum wallet in the UK is eToro. The FCA, ASIC, and CySEC regulate this provider, which creates safer trading conditions. Via the app or web platform, you can buy, sell, store, and trade over 120 cryptocurrencies and in excess of 500 pairs. Furthermore, you can convert your ETH tokens for another crypto asset with a simple trading order.
Other Cryptocurrency Wallets: