Why are ERC-20 tokens so vital to the crypto ecosystem? As the backbone of the Ethereum blockchain, they power everything from cryptocurrencies and utility tokens to decentralized finance (DeFi) platforms and governance systems. To manage these assets, ERC-20 wallets provide a secure way to store, send, and receive tokens while giving users access to Ethereum’s vibrant network of dApps and projects. Thanks to their standardized rules, ERC-20 tokens integrate seamlessly with smart contracts and decentralized applications, driving interoperability and accelerating innovation across the Web3 sector.
Ethereum TVL | Source: DefiLlama
According to DefiLlama data this year, the Ethereum network secures over $500 billion in total value, with 51% of this value allocated to ERC-20 tokens, highlighting their dominant role in the ecosystem. According to Yahoo, DeFi protocols on Ethereum held around $82.45 billion in total value locked (TVL) as of July 2025, according to recent reports highlighting a DeFi resurgence and institutional investment influx. Furthermore, daily active ERC-20 addresses reached approximately 610,000 on July 21, 2025, a 70% increase from one year earlier, showing significant user growth and engagement on the network.
Discover the 7 best Ethereum and ERC-20 wallets in 2025 to securely store, manage, and trade your ETH and tokens with ease.
What Is an ERC-20 Wallet and How Does It Work?
Source: Ledger
How do you keep your ERC-20 tokens secure and accessible? An ERC-20 wallet is a digital tool designed to store, send, and manage ERC-20 tokens, much like a bank account functions for holding and transferring US dollars. ERC-20 wallets are designed to safely store, send, receive, and interact with Ethereum-based tokens.
They come in several types: hardware wallets, software wallets, and mobile wallets. Hardware wallets store private keys offline, providing top-tier protection against hacking. Popular devices like the Ledger Nano X support over 5,500 cryptocurrencies, including ERC-20 tokens.
Source: https://metamask.io/
Software wallets, such as MetaMask and MyEtherWallet, balance convenience and security by enabling quick access on desktop or mobile devices. Mobile wallets are ideal for users needing easy on-the-go management. According to industry sources, these wallet types have distinct advantages suited for different user priorities, including security, usability, and access.
What Are the Best ERC-20 Wallets to Use in 2025?
Which wallets are trusted by millions to manage their ERC-20 tokens in 2025? Here's the top ERC-20 wallets in 2025:
1. MetaMask
MetaMask continues to dominate the Ethereum wallet space with over 100 million downloads and approximately 30 million monthly active users in 2025. Originally launched as a browser extension, it now supports mobile apps for both iOS and Android. MetaMask users can seamlessly swap ERC-20 tokens, interact with decentralized applications (dApps), and store NFTs. The wallet supports multiple blockchains, including Ethereum, Polygon, and Binance Smart Chain, and provides access to over 450,000 assets. Its browser-based interface, strong Web3 integration, and ability to connect with hardware wallets like Ledger make it a top pick for DeFi enthusiasts and NFT collectors.
2. Trust Wallet
Source: Trust Wallet
Downloaded over 200 million times and relied upon by 25 million active users, Trust Wallet is highly versatile, supporting more than 65 blockchains and over 4.5 million tokens. Acquired by Binance, it offers built-in decentralized exchange (DEX) features, NFT support, staking tools, and a browser-based dApp environment available on Android (with limited iOS capabilities). It allows full control of private keys but does not include features like two-factor authentication or multisignature support. Trust Wallet is favored for its large asset coverage and ease of use. The app is free to use, and though it avoids service fees on swaps, users are still responsible for blockchain gas fees.
3. Ledger Nano X
Considered one of the most secure hardware wallets on the market, the Ledger Nano X supports more than 5,500 digital assets across over 100 blockchains, including all ERC-20 tokens. Retailing for approximately $149, it's equipped with Bluetooth and a CC EAL5+ certified secure chip, enabling users to manage crypto securely via desktop or mobile. The companion Ledger Live app enables buying, staking, and swapping tokens directly while maintaining offline private key storage. Ledger devices are used by over 5 million people worldwide, making them one of the most adopted hardware wallets in the crypto sector.
4. MyEtherWallet (MEW)
Source: MyEtherWallet
Founded in 2015, MyEtherWallet (MEW) is a pioneering open-source wallet used by millions worldwide. MEW provides access to Ethereum and multiple EVM-compatible blockchains such as Ethereum Classic, BNB Chain, and Polygon. Available as a web interface, mobile app, and browser extension (Enkrypt), it allows users to store, stake, and swap ETH, ERC-20 tokens, and NFTs. MEW also supports cross-chain swapping through integrations with decentralized liquidity providers. While highly flexible and transparent, MEW users must practice strong security measures due to its exposure to phishing threats and reliance on personal storage of recovery phrases.
5. Exodus Wallet
Source: Exodus
Exodus is a multi-platform wallet offering support for 300+ cryptocurrencies across 50+ blockchains, including all major ERC-20 tokens. With apps available for desktop, mobile, and Chrome browser, Exodus is designed with user-friendliness in mind. Its in-app crypto exchange, staking capabilities, and fiat on-ramp make it an attractive option for beginners. Exodus also integrates with Trezor hardware wallets to offer additional protection. While sleek and convenient, it lacks 2FA and multisignature support. As of 2025, Exodus serves a user base estimated at over 3 million, especially popular among users looking for aesthetic design and ease of use.
6. Trezor Model T
Source: Trezor
The Trezor Model T is a highly secure hardware wallet supporting over 1,000 cryptocurrencies across 14 blockchains, including all major ERC-20 tokens. Released by SatoshiLabs, the Model T features an intuitive color touchscreen, Shamir Backup recovery system, and Universal 2nd Factor (U2F) authentication. Unlike Ledger's Bluetooth-enabled wallets, the Model T focuses on direct USB connections to minimize wireless vulnerabilities. Priced around $179, it remains a premium choice for security-conscious users committed to keeping assets completely offline. Trezor wallets are used by over 1 million customers globally, with a reputation for open-source transparency and no compromise on core security principles.
7. Base App(Formerly Coinbase Wallet)
Source: Base
Base App, formerly Coinbase Wallet, a standalone non-custodial wallet from the popular U.S.-based exchange, offers support for thousands of assets, including ETH, ERC-20 tokens, Bitcoin, and NFTs. Users can download it as a mobile app or browser extension to interact directly with Web3 dApps, perform token swaps, and manage their portfolios independently from the Coinbase exchange. With a user base exceeding 10 million, it appeals to users who seek simplicity and smooth integration with the Coinbase platform. While the wallet supports a wide range of assets, it lacks critical security features like two-factor authentication and multisignature support, and currently offers no full desktop version.
How to Choose the Right ERC-20 Wallet for You
What factors should guide your wallet choice? Prioritize wallets that give you complete control over your private keys and offer advanced security features like two-factor authentication and multisignature support. Usability is also important. Users may prefer hardware wallets for offline safety or software/mobile wallets for quick, easy access.
Compatibility with DeFi platforms and NFT marketplaces is vital as these features continue to drive ecosystem growth. According to market analysis, wallets supporting comprehensive backup and recovery systems further protect users from loss or theft.
How to Fund Your ERC-20 Wallet
BingX offers advanced bank-grade custody, continuous real-time monitoring, and 24/7 risk controls to secure your crypto purchases. Creating an account on BingX involves simple identity verification, after which users can deposit funds using a variety of trusted payment methods. Purchasing Ethereum is intuitive, with your ETH credited to your BingX account within minutes.
Funding your Ethereum wallet is simple with BingX. Buy ETH, USDT, or POL on the BingX spot market, then transfer it to your ERC-20 wallet to start using DeFi apps, trading NFTs, or exploring Web3.
Buy Ethereum on BingX spot market, powered by BingX AI's automated market analysis
Once purchased, copy your wallet address and paste it on BingX’s withdrawal page. Confirm the transaction, and your funds will arrive in minutes.
BingX offers low fees, deep liquidity, and real-time prices, with BingX AI delivering smart market insights. Its beginner-friendly interface and advanced security make buying and transferring crypto seamless for Web3 onboarding.
Other Ways to Fund Your Ethereum Wallet
You can also fund your wallet by buying crypto directly from the wallet interface using supported payment providers. Alternatively, swap tokens via a decentralized exchange (DEX) if you already hold assets on another chain.
Top Tips for Securing Your Ethereum Wallet
Protecting your ERC-20 wallet is crucial to keep your crypto safe from hacks, phishing, and malware.
1. Use strong, unique passwords and change them regularly to block unauthorized access.
2. Enable two-factor authentication (2FA) to add an extra verification step for logging in.
3. Store recovery phrases offline and never share them online to prevent phishing and theft.
4. Keep your wallet software updated to ensure you have the latest security patches.
5. Use a hardware wallet (e.g., Ledger Nano X or Trezor Model T) for large holdings to keep private keys offline and safe from hacks.
Conclusion
Choosing the right wallet can significantly improve how you manage and secure your Ethereum tokens. By aligning your wallet choice with your security needs, usability preferences, and blockchain activities, you gain more confidence in navigating the decentralized ecosystem. With Ethereum securing over $500 billion in ERC-20 assets and daily active addresses up 70% year-over-year, understanding wallet options and best practices is essential.
However, remember that all crypto investments carry risks, and even the most secure wallets require you to stay vigilant against phishing, scams, and human error. Using trusted platforms like BingX to acquire Ethereum and following robust security practices helps you build a safer and more rewarding crypto experience.