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Ethereum wallet

The best wallet for your Ethereum

Secure your Ethereum assets with the most trusted cryptocurrency wallet. Cold storage wallets are encrypted devices that store your Ethereum assets offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
Discover our cryptocurrency wallet

What is Ethereum?

Ethereum is a decentralized and open-source blockchain network created by Vitalik Buterin. The network officially went live on 30th July 2015 after first described in a whitepaper in 2013. The vision of Ethereum is to build a world computer on which anyone can build decentralized applications, while all states and data distributed and publicly accessible.

The blockchain hosts specialized programs called smart contracts, which can be coded to perform specific computational functions. The Ethereum network was the first of a new generation of programmable blockchains that gave birth to Decentralized Finance called DeFi. Indeed, Ethereum hosts decentralized apps (dapps) that include tokens, NFTs, lending protocols, decentralized exchanges, and much more.

On Ethereum, all transactions and smart contract executions are subject to a small fee. This fee is known as Gas and it is the technical term for the amount of computational effort required to execute an operation or a smart contract. Gas fees are entirely paid by its native cryptocurrency Ether (ETH). Gas fees depend on the complexity of the operation execution, but also depending on network demand.

Following are some of the characteristics that make Ethereum unique:
- Indefinite supply: The supply of Ether (ETH) is indefinite, which means new tokens are minted as demand for Ethereum grows.
- Smart contracts: The transactions on the network can be automated with code, enabling use cases beyond a simple medium of exchange.
- Token standards: The network introduced ERC-20 token standards that laid the framework for creating new tokens on the Ethereum network.

What is a Ethereum wallet?

An Ethereum wallet is a software or hardware wallet that enables interaction with the Ethereum blockchain.
Ethereum wallets allow users to read ETH balance and ERC-20 tokens, receive tokens, send transactions, create smart contracts, interact with dApps, and more.

By creating an Ethereum wallet, you’ll get an Ethereum address. It is a public string of letters and numbers starting with “0x.”

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Ledger Live App

Ledger Live App is a gateway to managing your assets, staking and earning passive income, checking your real-time balance, tracking transaction histories, and more.

How to create a Ethereum cryptocurrency wallet?

01

Get a Ledger Nano

Select and purchase a Ledger wallet of your choice.

  • Beginner in the crypto world? Get started with Nano S Plus.
  • Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

02

Download and install what could be the best crypto wallet app: Ledger Live

Download and install Ledger Live in a couple of clicks. Ledger Live is a app for crypto for desktop & mobile that enables you to set up a Ledger device and manage your coins.

Download Ledger Live

03

Add Ethereum to your portfolio

Install Ethereum on your Ledger Nano:

  1. Open Ledger Live and navigate to Manager.
  2. Connect and unlock your Ledger device.
  3. Search for Ethereum in the app catalog and click Install.
  4. Head to Accounts
  5. Add Account

1

The best way to keep your Ethereum coins secure

Secure multiple assets, including Ethereum using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

NEW

LEDGER NANO S PLUS

Protect your Ethereum assets with the first and only independently-certified Ethereum wallet on the market.

Discover our Nano S Plus
Ledger Nano X

BEST SELLER

LEDGER NANO X

The Ledger Nano X is a Bluetooth enabled secure and CES award winning device that protect your Ethereum assets.

Discover our Nano X

Choice of 6,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

Frequently Asked Questions

Vitalik Buterin worked with prominent contemporary cryptocurrency figures such as Joseph Lubin and Charles Hoskinson on Ethereum’s early development, and in July 2014, Ethereum underwent a crowdsale that raised $14 million. Ethereum officially went live in July 2015 with its ‘Homestead’ release, signaling the emergence of the first Turing-complete smart contracts platform.

However, Ethereum quickly ran into trouble as The DAO, an investor-driven community VC fund, was hacked for roughly $150 million in June 2016. In what has become a defining moment for the cryptocurrency industry, two camps emerged from the debacle.

On one side, there was Buterin and the community who wanted to hard fork the protocol to roll back the stolen funds from the hack. On the other, the community proponents of ‘code is law’ who viewed any hard fork as a violation of Ethereum’s core principles. The blockchain was eventually forked, with the former camp (i.e., Buterin’s) becoming Ethereum and the latter becoming Ethereum Classic.

Ethereum is a smart contracts platform where contracts are coded in either the programming language Solidity or the experimental language Vyper. The primary Ethereum client is written in Golang. Contrary to Bitcoin, Ethereum utilizes an account-based model compared to Bitcoin’s UTXO set due to specific design considerations.

Ethereum rapidly arose as the foundation for the ICO craze of 2017, functioning as the standardized infrastructure for the launch of ERC-20 tokens and innumerable projects striving to become the next major success story. Multiple decentralized applications (dapps) presented intriguing case studies into what was possible with ‘unstoppable applications’ running on the network, but the ICO bubble eventually collapsed, and Ethereum’s community turned its focus to looming scaling issues.

Currently, a proof-of-work consensus blockchain network like Bitcoin, the debate over Ethereum’s ability to meet network demands for a new generation of dapps to run on top of it has led to heated debates about the platform’s future.

Proposed innovations from Plasma to Dappchains have entered the mix, but the widely accepted roadmap for the legacy smart contracts platform has come to be known as Ethereum 2.0 or ‘Serenity’.

Vitalik Buterin has largely stepped back as the Ethereum development community has flourished. At the beginning of 2019, the concept of open finance (i.e., DeFi) became a prevailing narrative for the platform as projects from MakerDAO to Compound Finance surged in popularity.

However, scaling issues still persist, and Ethereum is currently undergoing its long-awaited transition into a proof-of-stake (PoS) network to meet network demands. As part of the roadmap to ‘Serenity,’ the ultimate destination of a sharded PoS Ethereum, the community recently moved forward with its “Constantinople” upgrade.

With the code for Ethereum 2.0 set to be finalized this summer, Ethereum joins a class of emerging PoS blockchain networks at the convergence of scalability and interoperability. A behemoth in the cryptocurrency community, Ethereum’s future is sure to play a critical role in the broader ecosystem with powerful externalities on the underlying technology’s future direction.

When you first buy cryptocurrency, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your cryptocurrency wallet to spend, withdraw, or transfer your coins.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano crypto wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano crypto wallets keep your keys secure and give you complete control over your coins.

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