Best wallets for holding EOS

Designed as a scalable and user-friendly version of Ethereum, EOS is a platform for the development of decentralized applications (dapps). EOS coins (EOS) are the native token of the platform, and this cryptocurrency is firmly established as one of the 10 biggest digital currencies by market cap.

If you’re planning on buying any EOS, you’ll need to find a safe and secure wallet where you can store your coins. There are several options to choose from, so let’s take a closer look at the best wallets and the key features they have to offer.

Learn more Where to buy EOS

Compare wallets for EOS

What to look for in an EOS wallet

To ensure that you find a safe and secure EOS wallet, remember to look for the following features:

• Mainnet support. Check the fine print of any wallet you’re considering to make sure it supports EOS mainnet coins. It’s also worth checking whether the wallet will support free airdrops from other crypto projects to EOS holders.
• Security features. Ensuring the security of your EOS coins is hugely important. Check what features a wallet offers to protect your funds against hacking and theft, such as 2-factor authentication, advanced encryption and more.
• Private keys. You need your private key to be able to send and receive funds using your cryptocurrency balance, so look for a wallet that allows you to retain control of your private key at all times.
• Continued development. Make sure that any wallet you choose is continually being upgraded and developed with new features and improvements. This will help ensure that it’s as functional as possible and provides protection against the latest security threats.
• Customer support. Will you be able to quickly get in touch with the wallet provider’s support team if you ever experience any problems? Does the team promptly (and helpfully) respond to customer questions?
• Positive reviews. Finally, check out independent reviews from the users of a wallet. Would they recommend it to others? Is it backed by a strong development team? Does it have any security flaws?

Considering these issues will help you narrow the field down to a selection of suitable wallets. Now let’s take a look at some of the best wallets for storing EOS coins.

EOS-compatible wallets

EOS and ERC20-compatibility

Since the full release of the EOS platform in June 2018, EOS is no longer an ERC20 token on the Ethereum blockchain. If you’re choosing a wallet to store your EOS tokens, ERC20-compatibility is no longer relevant criteria to consider.

Infinito Wallet (mobile wallet)

• Easy to use, supports multiple coins and tokens, available on iOS and Android

• Not as secure as an offline wallet

And, with a host of positive reviews from Android and iOS users, Infinito Wallet is well worth checking out for anyone looking to store EOS alongside a range of other currencies.

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SimplEOS (desktop wallet)

• High level of security, supports multiple cryptocurrencies, secure and easy to use

• Not multi-currency as it only supports EOS and mobile version still to come

Of course, if you want to store coins and tokens other than EOS, you’ll need to look elsewhere. Support for secure delayed transactions and mobile wallets for iOS and Android are listed as upcoming milestones in the SimplEOS roadmap, so it’s another wallet well worth considering.

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Scatter (browser extension)

• Security, convenient EOS management, positive user reviews

• A little confusing for new users, desktop app still in beta phase

Scatter currently supports the EOS and Ethereum blockchains, but more will be added in the future. While the setup process is easy, newcomers to blockchain and digital currency might find it a little difficult to wrap their head around. A desktop version is also in the works but was in the beta phase at the time of this writing (July 2018).

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Greymass eos-voter (desktop wallet)

• Has all the tools you need to manage your EOS coins, supports full interaction with the EOS blockchain

• Other options may be better suited to beginners

However, before deciding whether it’s the right wallet for you, compare its user interface with the interfaces of some of the other options in this list to see how it stacks up against the competition.

Storing EOS in an exchange wallet

If you’ve just purchased EOS, you may be considering storing your tokens on an exchange. For short-term storage, such as if you’re planning to place a trade, this is an option worth thinking about.

However, for long-term storage, exchange wallets aren’t recommended for two key reasons:

• They’re regularly targeted by hackers.
• They usually don’t allow you to retain full control of your private keys.

As a result, storing your tokens on a cryptocurrency exchange exposes them to security risks, so many crypto users recommend transferring your holdings off the exchange and into a secure wallet elsewhere.

Which exchanges list EOS? Find out in our guide.

Tips for securely storing your EOS

Want to keep your EOS or any other crypto coins and tokens as safe as possible? Remember these important tips:

• Research before you transfer. Before transferring your EOS coins to any wallet, make sure you thoroughly research the pros and cons of the wallet to make sure it’s right for you. Also be careful to only use wallets from reputable providers.
• Watch out for scams. Hackers and thieves sometimes target crypto holders using fake websites with very similar URLs to those of official, reputable wallets. Double-check URLs before visiting sites and downloading any software.
• Test it first. If you’re using a new wallet, you may wish to transfer a small amount of cryptocurrency into it first to make sure it’s safe, legitimate and works as promised. Once you’re happy with its functionality, you can then transfer a larger balance over.
• Secure your wallet. While it might take a little time to set them all up, make an effort to use all the available security features your wallet provides. There’s no such thing as too much protection, so switch all available protective measures on before storing any funds.
• Update your antivirus protection. Make sure you’ve got the latest antivirus protection installed on any device you’ll be using to access your wallet. Update it regularly to protect against new threats.
• Pick your password carefully. When choosing a password, don’t just phone it in; use upper- and lowercase letters, numbers and other characters to create a code that’s essentially impossible to crack.

Check out our comprehensive guide to choosing a crypto wallet

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  How to buy, sell and trade EOS

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  The ultimate guide to crypto wallets

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

At the time of this writing, the author holds ADA and ICX.