Ethereum (ETH) is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.
Seperate from Ethereum Classic, it provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed.
"Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.Official Ethereum Website
To store Ethereum we recommend that you setup your own cryptocurrency wallet. This gives you the freedom of truly owning your cryptocurrency and doesn't leave your private keys in the hands of a third-party.
There are several Ethereum wallets available. From online wallets, mobile & desktop to hardware wallets, the choice is ultimately yours. You should consider basing your decision on your individual requirements. Each wallet type has different pro's and con's, which we have highlighted in our blog post.
We've highlighted different wallets that we recommend in the below section.View wallets
How to store Ethereum (ETH)
Jaxx's digital asset wallet was created in 2014 by Ethereum co-founder Anthony Diiorio.
Jaxx is a multi-asset wallet, which runs on iOS, Android, Windows, Mac, and other platforms.Visit Jaxx.io
Mist is the official Ethereum wallet, which synchronises with all the Ethereum nodes once it's run.
Mist is a wallet great for infrequent access - due to the synchronisation required above. It's supported on Mac, Linux, and Windows.Visit github page
Ledger was launched in 2014 by eight experts with backgrounds in security & cryptocurrencies.
Ledger offer hardware cryptocurrency wallets for cold storage, storing the private offline.Visit ledgerwallet.com
All-in-one app to secure, manage and exchange blockchain assets.
Exodus gives blockchain asset investors a platform to secure, exchange and manage wealth inside one beautiful application.Visit exodus.io