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Where Can I Store My Ethereum?

 

Are you wondering how to store Ethereum? Luckily, there are a lot of options out there. And it all depends on your specific needs and what you're going to do with your Etherum.

 

Internet e-wallets are one of the most popular platforms to store Etherum easily. Some people choose an online wallet to store their Etherum in. These services aim to make it easy for anyone to set up and use. 

 

Of course, there is a tradeoffs for ease-of-use versus security - if you don't have control over your private key, you can't be 100% secure from hacking and theft (or perhaps even loss) of your Ethereum

 

For example, Coinbase.com is a popular online wallet to buy and hold onto Ethereum. Once you acquire Ethereum from an exchange, you can store it in your account on the exchange itself - though this also means that if the exchange gets hacked or shuts down, then you risk losing all of your coins as well as having no way to access them.

 

Another option would be to use a web wallet such as MyEtherWallet. This still has some security risks because someone could theoretically hack into their servers and steal your coins - but this service executes JavaScript securely client-side, so at least you don't have to trust a third party with your private key.