EOS blockchain and its cryptocurrency EOS went live last year and took the cryptosphere by storm.
EOS has raised almost $4 billion in a year-long ICO program to make an Ethereum competitor which is much faster, decentralized, and secure for DApps.
If any of this is not making sense to you, I suggest you should skip it and focus on securing your EOS for which I guess you are here.
Blockchain-based cryptocurrencies are very anti-fragile. They are hard to kill irrespective of whatever good or bad things they do. Partly this is because the market sentiment towards them never wholly dies.
EOS is one of them, and after its initial hiccups at various fronts, it is still in production and favorite of HODLers like you. So in this article, I am going to tell you exactly which wallets you should use for the long term safety of your EOS cryptocurrency.
Disclaimer: I don’t hold any EOS now, but I used in 2018.
Top 5 Best EOS Cryptocurrency Wallets: How To Create/Get New EOS Wallet?
EOS Hardware Wallets
|Ledger Nano X [Recommended]|
|Ledger Nano S|
EOS Mobile Wallets (Android & iOS)
EOS Desktop Wallets
#1. Ledger Nano X [EOS Wallet Ledger]
Ledger Nano X launched this year, and it has become my favorite hardware wallet the instant it came in my hands.
Of course, I don’t store my EOS here as I don’t have any, but I do store my other cryptocurrencies on Ledger Nano X. Ledger Nano X has a sleek flash drive like design with button at the front.
Most importantly, it has a Bluetooth feature which lets you connect it to your iOS or Android device without any USB or OTG like cables. This is a massive improvement over the mobility of hardware devices.
However, Ledger Live app, which is the defacto app of Ledger Nano X, doesn’t directly support EOS cryptocurrency, but it is still able to support it through a third-party app.
And the good news is, you can stake your EOS on Ledger Nano X using the third-party app. This way, you get the best of both the worlds- hardware security and staking rewards through software.
Lastly, Ledger Nano X can support 1100+ cryptocurrencies and is a device that is ready for both the present and the future. So if you are in crypto for the long term, then you should once consider having Ledger Nano X.
#2. Exodus Wallet
Exodus is a popular EOS desktop wallet.
Exodus has been my favorite wallet since the early day of my crypto journey. This was the first wallet I used to store my little amount of bitcoins and Golem tokens in 2017.
The reason for inclination towards Exodus was simple. It is effortless to use, and the UX is so cool that even your grandma can use it.
It is a non-custodial HD wallet which has only improved with time and currently allows you to store 70+ cryptocurrencies including EOS.
Exodus was also one of the few wallets which supported the EOS mainnet swap, and since then many EOS users have been using Exodus wallet.
Lastly, it is a lightweight wallet and doesn’t require you to download the whole blockchain.
However, that also the reason it currently doesn’t allow you to manage your stake in the EOS network, vote for block producers, adjust your delegation of resources, or buy/sell RAM in Exodus.
Exodus is available now for Mac, Windows, Linux and also Android & iOS devices.
#3. SimpleEOS [EOS Mainnet Wallet]
SimpleEOS is a desktop client for EOS, and its job is to make the life of EOS holders simple.
It is a simple and secure wallet for EOS ecosystem which allows you to participate in EOS voting, interact with EOS DApps, buy/sell RAM, stake/unstake EOS tokens, airdrops and much more.
It is one of the most popular and go-to EOS Mainnet wallets for EOS users. Being a mainnet wallet, of course, it requires you to have the full copy of the blockchain.
When you install SimpleEOS for the first time, it might take some time for the blockchain synchronization to complete after which you are free to use SimpleEOS on any popular operating systems like Windows, Mac or Linux
#4. EOS Lynx Wallet
EOS Lynx is the first EOS wallet built for everyday use.
It is an EOS mobile wallet which is non-custodial. Meaning you own your private keys and still enjoy the beautiful DApps of EOS blockchain.
Creating an account is as easy as it gets and as you sign-up, you get a unique username after which you should back-up your private keys.
You can also set a PIN or fingerprint protection, which will encrypt your private keys on the mobile device. Furthermore, the wallet is pretty neat in design and easy to use.
It also has DApp explorer section where you can explore EOS DApps. Lastly, as of now, Lynx wallet is available for iOS and Android users, but its desktop version is in development too.
Scatter is another lightweight desktop application that you can use to store your digital assets, including EOS. It is available for Mac, Windows, & Linux.
It is a self-hosted wallet, and it also provides internal liquidity using which you can anytime exchange your EOS tokens to another coins/token.
It has a dedicated apps section also where you can find EOS DApps ranging from gaming to gambling to payments.
Which Is The Best EOS Wallet Overall & For Airdrops?
Easily for me, Ledger Nano X is the best EOS wallet because it provides the hardware wallet security and the privilege to still stake your EOS coins. And since you are staking there is a good chance that you will receive airdrop tokens also.
Moreover, your EOS can be worth much more in the future, so there is no sense in keeping them on software wallets which are more vulnerable to cyber-attacks.
Also, individual EOS holders always look for EOS MyEtherWallet but let me tell you there is no such wallet. Previously when EOS was ERC20 token MyEtherWallet used to support it but now since EOS’s mainnet is launched and there is no ERC20 EOS token, MyEtherWallet doesn’t support it.
I hope this confusion is clear.
Now you tell us: Which EOS wallet are you using to secure your EOS cryptocurrency? Have you tried any of these wallets before? Do you have any more questions to be asked? Let me know in the comments below and don’t forget to share this guide with other EOS community members.
Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.