Last Updated: 21 September 2023
Everyone is joining the Ethereum community because it is becoming the most lucrative platform in the crypto industry. The rise of Ethereum has increased the demand for ERC20 tokens. Subsequently, more people also want to have their own ERC20 wallets.
With the wide acceptance of the blockchain in different parts of the world, experts have found ways to apply the technology in areas such as business management and human resource management. This is an ongoing evolution that will have a positive impact on the world.
However, there is the issue of holding and safely keeping your assets. It is best to hold now because in the future, reselling those tokens will make you very rich. Therefore, the crypto assets you should be trying to gather at this point are ETH and the ERC20 tokens.
A quick search will reveal so many brands that are claiming to be the best ERC20 wallets available. However, you must choose carefully, so you get a wallet that works perfectly.
Also, you may need a diversified wallet that can handle different cryptos because the ETH network now supports so many dApps, which is an indication that the number of transactions on the platform has increased significantly.
Also see our Ethereum Wiki Page
Guide to Choosing the Best ERC20 Wallets
There are some things you should look out for when making a choice. You should first confirm that it is secure. This increases users’ confidence in the wallet. You will feel confident to buy more ERC20 tokens when you have a safe place to keep your assets.
Also, it is a great idea to read the customer reviews. These are testimonials that current users have written about the wallet. If you find a wallet that has numerous positive reviews, please go for it.
In addition, we always encourage our audience to go for the hardware wallets. These options are easy to use and safer compared to software wallets.
Here are our top picks of hardware wallets to store your ERC20 tokens in 2022:
This is a free versatile crypto wallet that you can use to store your ERC20 tokens. It has become quite popular and a favorite among investors because the Atomic wallet works seamlessly with the common operating systems available. This means you can use it with Windows, Android, iOS, Linux, etc. Also, this is one of the wallets that allow users to interchange cryptocurrencies, which makes it convenient for investors who have diverse crypto portfolios.
The developers who manage this wallet are trained for the business. They have continued to grow their customer base consistently. We also like how they offer a user-friendly interface that makes it easy for beginners to use the wallet.
Ledger Nano S
This is an outstanding wallet with so many innovative features. It is also easy to use and can hold different cryptocurrencies. We also observed that the Ledger Nano S is affordable, so you won’t need to break your bank to use it.
Also, it is a secure wallet backed by high-level encryption that cannot be breached easily. The wallet is available in different colors, and you can adjust its settings to different languages. We recommend this wallet because of its dynamic features, and it is reliable.
Ledger Nano X
This is the later wallet version from the Ledger brand. Therefore, we also rate it highly. It is a great choice because the device connects seamlessly via Bluetooth with the Ledger Live mobile app. Also, it has some of the best security features to keep your assets secure in the long or short term. The wallet can hold different cryptocurrencies, and it is easy to use.
We like the portable design, which makes it difficult to lose and physically appealing.
Using any of these wallets is a great idea. You get extra features such as universal compatibility, security, and more value for your investment. We do not encourage investors to take any chances when using wallets for their crypto. So, these are our top choices to help you avoid making mistakes.