Many blockchain-based platforms opt for the ERC20 standard for their native tokens, meaning that it is important that everyone with a well-grounded crypto holding have access to a wallet that supports ERC20 tokens. The best ERC20 wallets can come as a hardware wallet, mobile wallet, web wallet, or even desktop wallet. The mobile wallet usually works on Android and iOS devices and allows users to store their ERC20 tokens.
What is the best ERC-20 wallet?
Different crypto wallets to store coins will be examined, and from the features discussed, it is easy to decide the best ERC20 token wallet to cater to your needs.
Ledger Nano S/ Ledger Nano X:
Ledger Nano X is a hardware wallet that is connected to a desktop or laptop through USB. It is one of the best ERC20 token wallets in existence, though it supports other crypto assets. With the button on the Ledger Nano X or S, users can check the balance and transactions linked to the crypto wallet. Its customer support team is always available to cater to the needs of its clients.
As part of its security features, it has private keys, seed phrases, PIN codes, and even passphrases.
Like its counterpart above, Trezor is a hardware wallet that supports ERC20 tokens. It has an incredible user interface that can be understood by anyone and comes with a 12-digit passphrase that users have to store for future purposes. The security measures that Trezor has put in place include PIN code, seed keys, as well as passphrases.
This is a notable desktop wallet that stores coins resident on the Ethereum network. With this wallet, users are in control of their seed passphrase, as well as private keys, and need to store the former in a safe spot for future use. For those that want the mobile version of this ERC20 wallet, it is available on both Android and iOS devices.
As an open-source infrastructure, Trust Wallet stores multiple coins within the wallet, including ERC20 tokens. Its features are free and accessible to those with mobile devices. To allow users to trade with other exchanges, the wallet is in partnership with Kyber Network. Within the wallet, or is easy to connect to decentralized apps and exchanges.
For users that are looking for a highly secure and seamless cryptocurrency wallet to store their Ether and ERC20 tokens, Guarda Wallet comes to mind. It works on different devices like Web format, desktop, mobile phones, and even as a chrome extension wallet, thereby offering a great user experience.
With Guarda Wallet, users can purchase coins with their bank cards. Buying crypto through this wallet is easy for anyone, as the user interface is tailored with clients in mind. The level of security infrastructure is top-notch to protect the crypto holdings of their clients. An astute support team is always available to solve queries and take suggestions. Private keys are controlled by the user.
There may be a lot of ERC20 wallets in existence, but only very few of them come with a multi-signature capacity. Crypto enthusiasts fancy this type of wallet because of its safety element.
WH Cypher is a Multi-sig wallet extension created by notable exchange us at WhalesHeaven, and it is designed to permit crypto traders and enthusiasts to sign the release of their transactions. Users can also join as a co-signer with the permission of existing users. Its feature ensures that the transaction destination is confirmed. Through this multi-sig wallet extension, users can carry out crypto trades on our exchange, WhalesHeaven or any other exchange without needing to give up their private details.
Using our WH Cypher extension allows people to seamlessly sign in and trade securely on any exchange. The user interface was designed to offer an intense user experience, and allow traders to have full control over their trading process.
User can store their ERC20 tokens there, and if they have coins that are supported by the BSC, BTC or AVAX, they can also safely keep them there.
Still not sure what’s the right fit for you? you can also read The Difference Between Hot & Cold Wallet | Which One Is Right For You?