Ethereum Classic is a digital asset based on the original Ethereum blockchain system. It therefore has the same features and functionality as Ethereum, but with a different blockchain history. There are many different Ethereum Classic wallets, so it can be difficult to decide which one is best for you. 

Some of the wallets for Ethereum Classic are the Ledger Nano S and Trezor hardware wallets. Both of these have been designed for cold storage of cryptocurrency. This allows for safe and long-term storage of cryptocurrencies in a secure location, but removes the ability to quickly and conveniently manage the funds and use them to earn money.   

Another wallet for Ethereum Classic is MyEtherWallet. It is a desktop wallet that is easy to use and allows you to store various cryptocurrencies — Ethereum, Ethereum Classic, Bitcoin and other coins.

But why use a wallet with limited features when you can get them all in one convenient package. Trustee Wallet is just that — a decentralized repository of your assets, allowing you to manage your cryptocurrency from any mobile device, exchange it and withdraw it to other payment services in fiat currency. 

It’s easy to use and has many features for beginners and professionals alike — from staking to connecting to DEX and DeFi applications. And when unplugged, Trustee becomes a cold wallet, appropriating all the benefits of Ledger Nano S and Trezor.

What is the best wallet for Ethereum Classic?

When it comes to cryptocurrency wallets, many people wonder which is the best wallet for Ethereum Classic. Ethereum Classic is an offshoot of the main Ethereum network, which was created after the DAO was hacked in 2017. To undo the fraudulent actions, a decision was made to roll back the network to its pre-hacking state, thereby returning assets to their holders. Many blockchain users saw this as a violation of principles despite the price paid and created a viable offshoot that still exists and evolves to this day. 

There are several things to consider when choosing a wallet for Ethereum Classic. The main point is the security of your wallet for Ethereum Classic. Make sure that the wallet you choose has been thoroughly tested, is known for its security and preferably has a decentralized structure. That said, its source code is publicly available.

There are many kinds of wallets – desktop, mobile and online – so it’s important to choose one based on what you want to do. For example, for simple and fast use of cryptocurrencies on a daily basis, a mobile wallet with a user-friendly interface and direct deposit and withdrawal of cryptocurrencies is the best choice. For long-term storage, for example, a cold hardware wallet in the form of a flash card.

But whatever your goal, Trustee Wallet is ideal for you. It places a high value on the security of your funds – it’s fully decentralized and open-source, hosted on GitHub. 

It’s a mobile wallet that has the functionality for all cryptocurrency uses: long-term storage of 30 types of cryptocurrencies, including Ethereum Classic, passive income from stacking, trading on decentralized exchanges, NFT collection.

What is the Best Wallet for Ethereum Classic? Trustee Wallet.

What is the best wallet for Ethereum Classic?

Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that execute exactly as programmed, without the possibility of fraud or third-party interference. The Ethereum Classic network is secured by a proof-of-work consensus mechanism, and the network uses ETC’s own cryptocurrency.

While there are many popular Ethereum Classic wallets available, choosing the best ETC wallet depends on your needs. The two most important factors to consider are what kind of wallet you need: cold or hot, and how you plan to use ETC.

The easiest way to store Ethereum Classic is to store it in a hardware wallet, but this, while safe, makes using the cryptocurrency extremely inconvenient. If you need a cold wallet, you can opt for Ledger Nano S. Ledger is a hardware wallet that has a built-in exchanger, so you can easily exchange ETCs for other cryptocurrencies.

If you need a hot wallet, the best option is MyEtherWallet.  MyEtherWallet also has built-in exchanges, so you can easily exchange ETCs for other cryptocurrencies.

Another popular Ethereum Classic wallet that offers good options for both Ethereum and Ethereum Classic is MyEtherWallet. This wallet is available on both desktop and mobile devices, making it easy to use.

But the most convenient Ethereum Classic wallets are mobile wallets such as Trustee Wallet’s Ethereum Classic wallet. 

Trustee Wallet is a mobile wallet, so you can use it on a device with any operating system from Android to iOS. It is one of the most popular options for Ethereum Classic, and a good choice for other cryptocurrencies as it also supports another 30+ blockchains and 1000+ tokens.

Trustee Wallet combines the merits of both cold and hot wallets. When disconnected from the network or installed on a separate device, it becomes a cold wallet, completely safe from external attacks. When connected to the internet, it instantly becomes a hot wallet, allowing you to manage and exchange cryptocurrency directly in the app in a built-in service from anywhere in the world and at any second.

Which is the best Ethereum Classic wallet to use?

There are many different Ethereum Classic (ETC) wallets that you can use. Each of them has its own advantages and disadvantages. Here are some of the best Ethereum Classic wallets to use:

Ethereum Wallet

This popular Ethereum Classic wallet. It allows you to store your ETCs on your desktop or laptop, which is convenient for constant work from home, but gives little mobility: you can manage your funds at any convenient moment, even outside your home.

Account on crypto exchange 

Some users of Ethereum Classic prefer to use exchanges to buy and sell ETCs. These exchanges have moderate commissions and often offer a wider selection of ETC coins for sale. Storing an account on an exchange has two advantages: securing your account with two-factor authentication and the ability to regain access to funds if you lose your password. But experts usually advise against storing your assets on exchanges, because the key to access your funds is not stored with you alone, but on a centralized server that other people have access to and could be vulnerable to hacker attacks. 

This option is only suitable if you have a high level of trust in the exchange.

Trustee Wallet

This is a mobile wallet that runs on Android and iOS. It is often considered the most secure Ethereum Classic mobile wallet, due to its decentralized structure and storage of access keys only on the user’s device. The mobile app format allows you to manage cryptocurrency at any time, even when away from home – the wallet is always with you at arm’s length.

MyEtherWallet

There are many Ethereum Classic wallets available for users to choose from. 

It is important to choose the best Ethereum Classic wallet that will suit your needs. Some people may prefer a simple wallet or a more sophisticated one, but the important thing is not their complexity, but the feature set that solves the problem you are facing. For example, MyEtherWallet, Ledger Nano S and Trustee Wallet are simple enough to use and available on different platforms, but suitable for completely different tasks.

MyEtherWallet has a wide range of features and a fairly simple interface, all in a mobile app format. But this wallet supports only Ethereum and Ethereum Classic coins, as well as tokens based on these blockchains. Sending another cryptocurrency, such as bitcoin, to your wallet will cause it to be lost. So, this wallet is only suitable for a single network.

Ledger Nano S is mainly used only as storage. It is a hardware wallet – a cryptocurrency access program in a physical shell. For example, it could be a flash card or an entire device. Storing funds on it is ideal from a security point of view, but it is not suitable for work – too much hassle with connection and disconnection.

A third option, Trustee Wallet, is also a mobile wallet, but it’s not limited to coins from a single network. It supports more than 30 blockchains and ALL the tokens created from them. This allows you to freely receive almost any cryptocurrency based on a single app on your mobile device. And for different needs, multiple wallets can be created within a single app.

Optionally, the Trustee Wallet mobile can be made into a cold wallet by simply unplugging the device or installing it to a separate device for storing Ethereum Classic or other cryptocurrency at all.