Crypto Wallets – Online vs Software/Desktop vs Hardware

All wallets use a private and public key . These wallets come in a variety of formats: desktop wallets, website wallets client-side web/browser wallets, and raspberry pi. A brief list of our favorite wallets are here, though this is far from comprehensive.

Keep in mind that with wallets, the private key is the most powerful as that controls everything else in the wallet. Web-based wallets don’t have that information and therefore should only be used until you’re more comfortable with a more local wallet. Our long-term recommendation is to get hardware wallets. The scary part of hardware wallets is that they can easily get lost. The best resolution to that is, when you are satisfied with a number of coins are in one hardware wallet, put that wallet in a safety deposit box and begin a new wallet. One way to look at it is that if you have hundreds or thousands of dollars in one wallet you should be able to easily afford more at approx. $100 each. Also, this helps in the event that one wallet gets lost, you shouldn’t lose your life savings. This is unsolicited advice.

As an aside, here is an excellent piece from Blockgeeks on cold/paper wallet storage to keep your coins safe: https://blockgeeks.com/guides/paper-wallet-guide/

Web-Based

itBit – Bitcoins to USD
Coinbase – Bitcoin, Litecoin and Ethereum

Browser client-side based

My Ether Wallet – Ethereum and tokens, such as Golem

Hardware

Ledger Wallet
Trezor
Ledger Wallet protects your bitcoins