There is life beyond Bitcoin and Ethereum is one of those projects that perfectly prove it. Projects like this give diversity to the world of cryptocurrencies and make the believers of Blockchain technology take their chests. This young project that saw life in 2014 has positioned itself as the second most famous cryptocurrency and one of the most valuable.
The decentralized system of Ethereum seems to have a good future like other altcoins. Today we are going to talk about the main purses in which we can store and trade our ether with total confidence.
Mist is the official purse of Ethereum. In this application we cannot only store, receive and send our ether, but also create smart contracts and even do tradin of other cryptocurrencies by Ethereum, as well as create tokens based on the blockchain code of this network. You could say that more than a purse, Mist is an application.
What perhaps makes Mist not the most used portfolio of ether is its complexity, a person with advanced knowledge of blockchain programming can do wonders with it. On the other hand, a newbie may not know how to take advantage of their full potential, so instead they register in a wallet that requires less resource from our computer.
MetaMask is an extension for Chrome, Moxilla and Brave that allows us to have an ether portfolio in our browser. It has its origin in decentralized applications and in a short time it has become one of the preferred options for users to store ether.
To get this wallet we only need to install the extension in our preferred browser and automatically create an encrypted wallet with a password. As with other purses, generate a seed key so that we can access our portfolio in case we need to uninstall and reinstall the extension.
Exodus is one of the leading ether der wallet markets. It was created by JP Richardson and Daniel Castagnoli in 2015 who designed a simple and elegant interface in sight. In it we can not only store ether, but also bitcoin, litecoin and other two cryptocurrencies with which we can also make trade from Shapeshift, a platform integrated in the same software.
Not everything is rosy with Exodus, it has received numerous criticisms for the fact that its development is not completely open source.
In addition, the keys are not hosted on servers so in case of loss it will be impossible to recover them, so if you are going to use this wallet, it is more than convenient to keep them physically to avoid problems.
Coinbase is a purse of various cryptocurrencies among which is the ether. In spite of that, its main intention is not to be a monedro in spite of working perfectly for it, but to facilitate the commerce with cryptocurrencies to function as an intermediary for the purchase of them and as a payment processor for ecommerce to accept payments in digital currencies.
Learning to use Coinbase can be a good plus to start trading because the platform offers many facilities for the exchange between centralized currencies and cryptocurrencies. His criticisms so far have been good and he has won the trust of entities such as BBVA that has recently invested in it.
A platform that claims be the ultimate application for all platforms. Jaxx is available for all operating systems currently in existence and we can save and trade with up to 80 cryptocurrencies among which is Ether since 2016.
The simplicity of its interface and the ease of operating it are the premises with which Jaxx intends to dominate the market. In it we can easily monitor our accounts in different currencies.
This is a virtual wallet with an interface on the web. It is very easy to use but you also have to be careful as there are several websites on the Internet with names similar to MyEtherWallet whose intention is to steal the data and then the ether.
Beyond that, in MyEtherWallet we can create a purse to send and receive or simply a purse to send ether only once. Its interface is easy to use and is developed especially for Ethereum, so that unlike the previous ones, we cannot do trading in it.
ETHAdress is a purse that allows us to store our ether in cold. That is, we can have a physical wallet without having to be connected to any server. Once we create our wallet we can print a card with the necessary data to receive and a QR code.
This is one of the safest options in the market as long as you have the physical purse in a safe place. Recommended for those users who want invest thousand dollars in ether, because the chances of hacking are almost zero.