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!

#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

eToro offers the overall best Ethereum wallet in the UK for many reasons, which we talk about during this review. To clear things up, this option comes in app form and is free to download for both iPhone and Android users. Furthermore, regulation should not be taken for granted when looking for the most suitable storage solution. This guide found that the FCA, ASIC, and CySEC regulate the eToro brokerage platform – so there should be little concern about the safekeeping of your digital investments. Aside from being regulated, this provider is also well known amongst investors – with over 20 million clients worldwide.

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).

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Cons

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 Wallet 

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

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3. Coinbase – Best Ethereum Wallet for Beginners

Coinbase offers the best Ethereum wallet for beginners and comes with heaps of advantages. To start, this provider is well-versed in providing cryptocurrency services – with more than 56 million clients from over 100 locations. This wallet is one of the safest in the industry and the provider behind it adheres to all applicable regulations and laws surrounding every jurisdiction in which the company operates. Furthermore, the firm is registered with FinCEN as a ‘money services business’.

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.

4. OKEx – Recommended Ethereum Wallet for Features and Tools

OKEx is the best Ethereum wallet in the UK for people who want a plethora of tools and features. The broker serves millions of people from 100+ countries. This storage option comes with the choice of a mobile or desktop version compatible with Android/iPhone and Mac/Windows, respectively. If you wish, you can use a secure extension to set the wallet up within your browser.

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.

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

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.

 

6. Coinjar – Best Ethereum Wallet In the UK for Buying and Selling Small Amounts

Coinjar also serves millions of clients and is well known amongst traders and investors alike. This is a good option for people searching for the best Ethereum wallet in the UK to buy and sell small amounts. The broker behind this storage option supports fractional investments from as little as £5. Furthermore, you can access your portfolio via both the mobile app and the desktop site by signing in.

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.

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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.

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.