A hard fork of Ethereum, Ethereum Classic was launched back in 2016. It’s a decentralized cryptocurrency that’s being widely exchanged, traded and stored. Whatever you decide to do with this cryptocurrency, it’s important to choose not only a reliable cryptocurrency exchange, but also find the best Ethereum Classic wallet to protect your assets from prying eyes.
One of the extensive features of Ethereum Classic is that it can be used to create smart contracts and run dApps safely and without interference. Currently, this cryptocurrency is ranked in 27th place, with a market capitalization of close to $2.6 billion.
Back in 2020 alone, close to $4 billion worth of cryptocurrencies were stolen in 122 attacks. These attacks targeted 3 major areas: decentralized apps, crypto exchanges, and blockchain wallets. If you don’t want to be one of those people who lost their crypto savings in cyber attacks, you should find yourself a secure cryptocurrency wallet.
After performing thorough research, I’ve made a list of the most secure and reliable Ethereum Classic wallets. Here it is:
- Ledger Nano X
- Trezor Model T
- Ledger Nano S Plus
- Trezor Safe 5
- Binance Wallet
- Coinbase Wallet
- Trezor One
- KeepKey Wallet
Before moving straight to the best Ethereum Classic wallet list, I would like to introduce different types of crypto wallets you can find in the market today.
Best Ethereum Classic Wallet Options
When researching the best Ethereum Classic wallets, you’ll most likely come across such options:
- Web-based wallets
- Software / app wallets
- Hardware wallets
- Paper wallets
There are specific pros and cons associated with each wallet type, so let’s take a look at them separately.
Web-Based Wallets
Probably the most common wallet type that you’ll find is web-based wallets. Even though they’re popular, such wallets are more prone to hacking compared to other options. It’s the same as storing your coins on an exchange.
Since online wallets store your private keys on their servers (not all of them - this is, however, a common practice), your security is threatened in case someone hacks that server. Such wallets are also known as “hot wallets”, because they maintain a constant connection to the internet.
It’s not all bad when it comes to online wallets - they can be a good option for beginners or anyone who stores small amounts of cryptocurrencies. You can easily buy cryptocurrencies, make transactions and payments, and sell them when needed. When it comes to online wallets, you still need to be extra-careful, though.
Software / App Wallets
Another popular wallet type is software or app wallets. In most cases, you can download a mobile or desktop app completely free and transfer your assets there. Such wallets tend to be very easy to use and navigate; however, it’s crucial to pick a reliable provider that you can actually trust.
As you probably already understood, software wallets are also considered "hot", as you need an internet connection to use them. That’s the main reason why they aren’t as secure as cold wallets that keep your private keys offline.
Even though there are some recommended software wallets in the market, it’s crucial to choose a platform that comes with exceptional security features and can protect you against next-level cyber attacks.
Hardware Wallets
It’s not a secret that hardware wallets are considered to be industry leaders when it comes to security. These wallets are known as “cold wallets”, because they don't require a constant connection to the internet. They are also often considered the best Ethereum Classic wallets, due to this reason.
What you should know, though, is that hardware wallets can be more complicated to use than web-based or software ones. Due to this reason, it will take you a bit longer to get used to using such a device. However, once you understand how it works, everything will go smoothly.
You’ll see that, when going through the best Ethereum Classic wallet list, hardware wallet devices tend to come up quite a bit.
Paper Wallets
Paper wallets are offline cold storage for your cryptocurrencies. To use such wallets, you will need to write down your private and public keys on a piece of paper. A public key will be needed every time when making a transaction, so it might take a bit longer than expected.
Even though paper wallets are considered to be very secure, they’re less comfortable to use than hardware wallets. Also, in case you lose that piece of paper, all your savings are lost.
By now, you should be aware of the different types of wallets that can be found on the market. Which one you choose, though, completely depends on your personal preferences; however, you should keep in mind that security always comes first.
Did you know?
Ever wondered which crypto wallets are the most secure for your crypto assets?
Choosing the Best Wallet for Ethereum Classic
Deciding which is the best Ethereum Classic wallet for your personal needs might be challenging. After all, there are hundreds of options available. To make it easier, you should always consider these aspects:
- Security. Security is and always should be the number one priority that you must keep in mind when picking a wallet. Since millions worth of cryptocurrencies are being stolen each year, you have to protect yourself from such threats. By now, it’s already clear that hardware and paper wallets are considered to be the most secure ones in the market. I’ll provide a few different options when talking about the best Ethereum Classic wallet.
- Usability. It’s recommended to choose a wallet that allows you to perform transactions, withdrawals, and other actions without much effort.
- Availability. If you want to be aware of what’s happening with the crypto market on the go, and also be able to perform various actions at any second, you’ll want to choose an easily-accessible wallet.
- The number of supported cryptocurrencies. It’s always better to choose a wallet that supports not only the most popular coins, but also less-known altcoins. After all, you might see new opportunities, and you wouldn’t want the wallet you pick to stop you.
These are the most important factors that you should keep in mind; however, you’ll find that there are additional aspects that matter, such as price, customer support, and even more.
Now let’s jump straight to the best Ethereum Classic wallet list, and choose the most reliable and secure one.
1. Ledger Nano X - A Hardware Wallet that Offers Exceptional Security
Ranks #1 out of 8 Crypto Wallets
- + Can be managed from mobile device
- + Very secure
- + Supports more than 5500 cryptocurrencies
- + Comfortable design
- - Relatively expensive
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Founded back in 2014 by 8 people who had experience in cryptocurrencies and entrepreneurship, Ledger focuses on providing security to various crypto-related services and products. The original company’s hardware wallet was called Ledger Nano S; however, now there’s an improved version available.
Ledger Nano X is a new-generation hardware wallet that allows you to buy, stake, trade, send, receive, and store your cryptocurrencies securely using a single app. This device is often considered to be the best Ethereum Classic wallet due to its security measures.
Since Ledger Nano X is a cold wallet, it does not need to maintain a connection to the internet, and the public data is transferred via Bluetooth. Now, since Bluetooth connection can also be threatened, Ledger Nano X features a Secure Element Chip (SE). This means that, before making any changes, you will need to give permission by providing a PIN code.
What is more, since we’re talking about a physical device, you need to know that Ledger Nano X is made of stainless steel and other top-tier materials; it’s highly resistant to physical damage. Even though some scratches will appear over time, that won’t affect the device’s performance.
Ledger Nano X is very simple to use. The device has two buttons for navigation, and a screen where you can see the relevant information. You can manage everything else using the wallet’s app.
What’s amazing is that Ledger supports more than 5000 cryptocurrencies - in other words, a huge array of different coins and tokens. Needless to say, your options are almost limitless.
What is the Price of Ledger Nano X?
Currently, you can purchase Ledger Nano X for $149. You should keep in mind, though, that the company provides various discounts and promotions, especially when it comes to special occasions.
Also, do keep in mind the fact that you make a single payment and can continue using this wallet for years. Since security is everything, most would agree that it's completely worth it.
2. Trezor Model T - Secure Cold Wallet
Ranks #2 out of 8 Crypto Wallets
- + Top-notch security
- + Touchscreen user interface
- + Easy to set up
- + Supports around 1000 crypto assets
- - Pricey
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Another very popular Ethereum Classic wallet is Trezor Model T. It’s a hardware wallet that’s offered and sold by an established brand in the crypto wallet space - Trezor. The device itself was created in 2017, and is being sold in over 150 countries worldwide.
To tell you the truth, the reason why so many crypto enthusiasts choose this hardware wallet is security. When using Trezor Model T, your private keys are always stored offline. What is more, it supports BIP39 passphrases, meaning that they’re never remembered.
Also, you should be aware of the Trezor Password Manager. It stores all of your passwords separately using your digital keys. Moreover, no changes will be made, unless the device receives your permission - authorization via a PIN.
Trezor Model T supports a smaller number of cryptocurrencies than Ledger Nano X - around 1700 coins and tokens. That includes Ethereum Classic, as well as other more and less popular digital currencies.
The device features a convenient interface that allows you to control your assets easily. What is more, it has a bigger screen than the previous model - Trezor One. The screen allows you to see more information all at once.
It might take some time to get used to using the Trezor Model T; however, it comes with all of the relevant instructions!
What is the Price of Trezor Model T?
You can purchase one Trezor Model T for $219, or, if you choose to buy a bundle, you can pay less. Moreover, you could come across some special offers that the company provides, and pay significantly less.
Even though the Trezor Model T is on a slightly more expensive side, there’s a variety of reasons (that you already know) why it deserves to be called one of the best Ethereum Classic wallets.
3. Ledger Nano S Plus - Affordable Hardware Wallet
Ranks #3 out of 8 Crypto Wallets
- + Top-tier security
- + DeFi app support
- + Store over 5500 assets, install up to 100 apps simultaneously
- + Fair-priced
- + NFT support (with Ledger Live)
- + Larger display screen
- - Button placement could be better
As already mentioned when talking about the best Ethereum Classic wallet, Ledger Nano S Plus is the company’s updated version of the original model that was launched back in 2016. The device is truly popular among crypto enthusiasts, especially due to its security features and affordability.
The Nano S Plus ensures crypto asset security, with a certified secure chip. No one else can access that chip but you. Also, both Ledger Nano S Plus and Ledger Nano X feature their own custom Operating System (BOLOS). The system protects devices from malicious attacks, and works by separating apps from each other.
Even though security is the main reason why this wallet is often considered the best Ethereum Classic wallet, there are multiple other factors that add to it. One of them is the number of supported cryptocurrencies. Currently, Ledger Nanos S Plus supports more than 5000 digital assets.
When it comes to managing your assets, you can do that using the single Ledger Live app. Moreover, Ledger allows you to install from 3 to 6 applications on your device (depending on the size of those apps). If you’re out of space and want to add another app, you can easily uninstall an already existing one that you’re not using.
What is the Price of Ledger Nano S Plus?
Ledger Nano S Plus is truly affordable. You can get yourself a secure hardware wallet for only $79. Also, if you choose a family pack, you will pay even less.
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4. Trezor Safe 5 - EAL6+ Certified Cold Wallet
Ranks #4 out of 8 Crypto Wallets
- + Supports over 7000 crypto assets
- + Easy navigation
- + Open-source
- + EAL6+ certified chip
- + Enhanced security features
- - Relatively expensive
- - No seed recovery service
Trezor Safe 5 is one of the newest and safest hardware wallets available on the market. The device comes with an NDA-free EAL6+ certified Secure Element chip, designed to safeguard your digital assets from brute-force attacks.
Another great feature of all the Trezor cold wallets is that they are all open-source. As a result, developers from all over the world can perform an audit and check for vulnerabilities and any potential drawbacks the code might have. This also makes the company much more trustworthy, as they are completely transparent.
Additionally, Trezor Safe 5 has a microSD slot, which lets users encrypt their PIN. Simply put, the device gets “bound” to the card and cannot be unlocked without it until the feature is intentionally disabled.
The Trezor Safe 5 is also easy to use since it features a vibrant color touchscreen instead of buttons as some similar wallets offer. On top of that, the display is made out of Gorilla Glass, which makes it scratch-proof and exceptionally resistant to damage.
That said, when it comes to the availability of the device, it might not perform as well as Ledger. The reason is that Trezor Safe 5 does not have an integrated battery, which would let you access your assets from anywhere in the world without having to connect it to any additional device.
Lastly, the cold wallet supports over 7000 digital assets, including the Ethereum Classic. Therefore, you won’t have any issues holding the majority of coins and tokens that might get your attention.
What is the Price of Trezor Safe 5?
At the moment of writing, the Trezor Safe 5 wallet costs $169, which might seem expensive at first glance. However, it does need to be taken into account that, when compared to the broader market, the pricing is competitive. You won’t find many cheaper cold hardware wallets that would provide the same security and user experience.
5. Binance Wallet - Easy-to-Use Exchange Wallet
Ranks #5 out of 8 Crypto Wallets
- + Multiple cryptocurrency support
- + Very secure
- + SegWit and Bech32 address support
- + Built-in exchange functionality
- + One of the most trustworthy names in the crypto world
- - Mediocre customer support
- - Not ideal for beginners
The Binance wallet is an exchange-based wallet that allows you to buy, store and exchange cryptocurrencies in the easiest way. The wallet supports fiat currencies, so you’ll be able to buy Ethereum Classic with your credit or debit card.
Using the Binance wallet, you’ll be able to easily track charts and prices, exchange your cryptocurrencies, and see all the needed information in one place. Needless to say, usability is one of the main reasons why you should consider getting this wallet.
Talking about security, the wallet should definitely be used in combination with a hardware crypto storage device, such as the Ledger Nano X or the Trezor Model T. That being said, the Binance wallet still features all of the top security features associated with the Binance crypto exchange.
What is the Price of the Binance Wallet?
You can use the Binance Wallet on any device, completely free of charge. All that you need to do is create a Binance account, and that's it!
6. Coinbase Wallet - Reliable Hot Wallet
Ranks #6 out of 8 Crypto Wallets
- + Easy to use
- + Free to register and keep crypto coins in
- + Supports thousands of digital assets
- + Top-notch security measures
- - Not as secure as a cold wallet
- - Not the best customer support
Up to this point, I’ve introduced you to some of the most reliable hardware wallets; however, now it’s time to take a look at a slightly different option - a software wallet.
Coinbase is considered to be one of the most popular exchanges in the world. It offers a secure software wallet for your assets, as well. Needless to say, the Coinbase Wallet is a worthy addition to our list.
Now, Coinbase is a hot wallet; however, it has a strong emphasis on security. It comes with such security features as confirmation requests, multiple signatures, two-factor authentication, and even more.
Usability is one of the major advantages of the Coinbase wallet. It features a clean interface design, and allows you to easily manage your cryptocurrency on the go. Keep in mind, though, that you will need to download separate apps for the Coinbase wallet and the exchange.
Also, what I and many other crypto fans appreciate about the Coinbase Wallet is that it’s compatible with both Ledger and Trezor, so it will be really easy to distribute your assets. What I mean by that is that it’s recommended to keep part of your assets in a cold wallet, and the rest of them in a software or web-based one.
What is the Price of Coinbase Wallet?
Being a software wallet, Coinbase is completely free. All you need to do is download an app on your Android or iOS device, create an account, and start using it.
7. Trezor One - One of the Original Hardware Wallets
Ranks #7 out of 8 Crypto Wallets
- + Top-notch security
- + A very well-known crypto wallet
- + Holds a huge number of cryptocurrencies
- + Constant firmware updates
- - Pricey
When searching for the best Ethereum Classic wallet, you’ll definitely come across Trezor One. As I've already mentioned before, it’s the company’s original model that was one of the first cold wallets that came into the market.
Trezor One supports more than 1600 cryptocurrencies, and you can expect more to be added on a frequent basis. The wallet features a monochrome display, and has 2 buttons for navigation. It might take some time to get used to it; however, since you get all the instructions, the process shouldn’t be complicated.
Trezor One includes such additional features as Bitcoin-only firmware, U2F authentication, encryption via GPG, SSH, and provides you with exceptional support. What you should also know is that both Trezor devices are designed and built in the EU.
Once you get this wallet, it will take you about 10 minutes to set it up. The device features a clear interface, and you’ll be able to easily manage your coins, keys, and passwords. You’re the only one who has control over your wallet.
Due to its attractive features, Trezor One deserves to be called one of the best Ethereum Classic wallets.
What is the Pricing of Trezor One?
Just like Ledger Nano S Plus, Trezor One is a truly affordable hardware wallet. You can get it for only $69 when buying a single wallet, or choose a bundle and pay even less.
8. KeepKey - Sleek Design & Security
Ranks #8 out of 8 Crypto Wallets
- + Secure hardware wallet
- + Easy to use
- + Attractive price
- + Supports over 7,000 crypto assets
- - Can be heavy to carry around
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Another option that everyone who is looking for the best Ethereum Classic wallet should consider is KeepKey. It’s a hardware wallet founded in 2014 in Switzerland, by Erik Voorhees. What’s interesting is that while the wallet is currently very affordable, it was retailing at $239 when first launched.
Since KeepKey is a hardware wallet, security is one of the major advantages of this device. Just like other, similar devices, it provides you with a PIN code and a recovery seed that you’ll need, if you lose the wallet.
What is more, when performing transactions, you will always need to confirm them by pressing the button on the wallet, and holding it for a few seconds. Also, there’s this exceptional KeepKey feature that you should be aware of. The wallet switches your PIN code numbers from time to time, so malware is unable to copy them.
What many users appreciate is that KeepKey features a sleek and simple display. It allows you to clearly see what digital assets were sent and received on your device. Also, it’s one of the biggest hardware wallets. While some appreciate it, others find it slightly too heavy.
What is the Price of KeepKey?
Currently, KeepKey costs $49. It’s one of the least expensive hardware wallets on the market. That said, if you’re now using online or software crypto storage, and want to protect your assets, it’s one of the best Ethereum Classic wallets.
Where to Buy Ethereum Classic?
Picking out a reliable crypto wallet is important, but you should also pay attention to what kind of a crypto exchange you’re using, as well. If you don’t own any Ethereum Classic coins yet, there are a few different aspects to keep in mind when choosing a crypto exchange:
- Security. Find out what kind of security features the platform is using. Also, research its history and see if it was hacked previously. It’s always better to choose an exchange that has a good reputation.
- Purchasing methods. It’s amazing when you have multiple crypto purchasing methods to choose from. These methods include making a deposit using your credit or debit card, PayPal, or via bank transfer. Some platforms do not support fiat currencies, so you’ll be able to make deposits using cryptocurrencies only.
- Supported coins and tokens. Even though you’re currently focused on Ethereum Classic, things might change in the future. In case that happens, you’ll want to have more cryptocurrencies to choose from. That’s why it’s important to choose an exchange that supports not only mainstream cryptocurrencies, but also less-known altcoins.
- Usability. When making multiple transactions during the day, you’ll want to find a platform that’s easy to use, especially if you’re a beginner.
- Fees. Each platform offers different tranaction fees. Make sure they’re as low as possible. This way, you’ll be able to maximize your earnings by minimizing your spendings.
Now that it’s clear what you should be looking for, I would like to introduce to you a few reliable crypto exchanges where you can purchase Ethereum Classic.
Coinbase
Coinbase is a cryptocurrency broker exchange that allows you to buy and trade various digital currencies. With more than 13 million active users, Coinbase is considered one of the biggest crypto exchanges in the world.
Coinbase accepts fiat currencies, it features an easy-to-use interface and strong security. Also, if you decide to check out a more advanced version of Coinbase, you should visit Coinbase Pro.
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Binance
Another recommended and one of the most popular crypto exchanges is Binance. It’s suitable for both beginners and more advanced traders.
The platform was launched back in 2017, and it supports a huge list of cryptocurrencies, both coins and tokens. What is more, it features strong security measures, low fees and high trading volume. Also, making a deposit on Binance is super easy.
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Kraken
The final crypto exchange that I would like to focus on is Kraken. Among the different features of this particular exchange, you'll find helpful customer support and a clean interface, making it suitable for beginners.
What is more, Kraken allows you to make a deposit using fiat currencies, so all you need to have is a credit or debit card. The platform is available in most countries around the world.
Conclusions
It might take some time and research to find the best Ethereum Classic wallet; however, when you know what it is exactly that you’re looking for, things get so much easier.
When picking the best wallet for Ethereum Classic, you need to pay attention to such aspects as security, usability, accessibility, and the number of supported coins. What is more, when choosing a hardware wallet that’s recommended for its security features, you might want to consider its pricing and design.
Now, as there are many different Ethereum Classic wallets to choose from, you might want to consider getting two of them - a hardware wallet to keep the majority of your assets, and a software wallet for easier transactions.
| LEDGER NANO X | TREZOR MODEL T | |
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| 14 days | 15 days | |
| 149 EUR | 219 USD | |
| N/A | N/A | |
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Table: The pricing options of the Ledger Nano X and the Trezor Model T
When it comes to the most recommended hardware wallets, you should consider these options: Ledger Nano X, Trezor Model T, and Ledger Nano S Plus. Binance wallet, on the other hand, is one of the more recommended options when it comes to hot wallets. The company also provides one of the most popular crypto exchanges in the world.
Keep in mind that it’s crucial to not only choose a secure wallet, but also to use a reliable cryptocurrency exchange!
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
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