Step 2 – Buy Ethereum with a Credit Card or Wire Transfer The top Ethereum wallets for beginners are Exodus (for desktop), Edge (for mobile) and MyEtherWallet (for desktop/mobile). These wallets are free of charge but are less secure since they are constantly connected to the Internet (and therefore can be hacked more easily). If you’re just starting out with Ethereum, don’t have a lot of Ether to store, or don’t have the money to buy a hardware wallet, you can use free software wallets. The main hardware wallets that support Ethereum are Ledger and TREZOR. A hardware wallet is probably the optimal mix between security and convenience you can find. It’s a piece of hardware that you connect to your computer (just like a flash drive) that stores your Ethereum private keys offline. Hardware wallets are the most secure way for storing Ether. Here is a short breakdown of the most popular Ethereum wallets: Ethereum Hardware wallets There are many types of Ethereum wallets. How Do You Buy Ethereum? Step 1 – Get an Ethereum Walletīefore starting the buying process, you will need to get an Ethereum wallet to hold your Ether. The founders of Ethereum state that Ether is not a currency as much as it is “crypto-fuel”, meaning it’s a token that has one main use – to pay for using the Ethereum platform.ģ.
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