Best Ethereum Wallets That Support Smart Contracts

Best Ethereum Wallets That Support Smart Contracts

Not long ago, we talked about a cryptocurrency called Ethereum in the article: Ethereum Cryptocurrency: Everything A Beginner Needs To Know.

Since then, Ethereum keeps scaling new heights every day.  In our previous article, we saw how Ethereum is not just a cryptocurrency, it’s a smart management platform.

The Ethereum platform consumes Ether- a cryptocurrency token to perform Ethereum’s operations. Ether is used as fuel to run decentralized Ethereum apps and smart contracts, just like how we use gasoline to fuel our cars.

However, in comparison to Bitcoin, Ethereum is still very new and young. Not many wallets are available to interact with smart contracts because the technology is still so fresh.

Luckily, there are some special Ethereum wallets available which will let us fully interact with the Ethereum platform.

What is an Ethereum Smart Contract Wallet?

Ethereum Smart Contract Wallet

Wallets which can store/trade Ether and also allow users to write, maintain, use, and deploy smart contracts are called “Ethereum smart contract wallets”.

Smart contracts are computer codes which validate, enforce and facilitate the terms of an agreement or contract. These smart contracts are implemented on Ethereum’s blockchain against a public address. So to access such addresses you require special Ethereum wallets which can interact with smart contract’s code.

There are only a few smart contact wallets available as the technology is still fresh.

Popular Ethereum Smart Contract Wallets

1. MyEtherWallet

MyEtherWallet

MyEtherWallet it a web-based wallet. It is written in Javascript and is open-source. It is a user-friendly application for securing Ether and interacting with smart contracts.

It claims to be an offline wallet as it uses a machine’s browser to generate necessary data, and nothing is ever stored on MyEtherWallet servers.

MyEtherWallet servers

On its web browser interface, you can even use Ether stored on Trezor or Ledger Nano S. In this way, these hardware wallets can also create, deploy, and interact with smart contracts.

MyEtherWallet works like any other wallet where you can create public/private keys to buy/sell/trade Ethereum.

MyEtherWallet also has a Chrome extension available.

Join MyEtherwallet

2. Jaxx

Jaxx

Jaxx is a multi-cryptocurrency mobile wallet which supports interaction with Ethereum smart contracts.

Under the “Send” section of ETH on Jaxx, you can enter your ETH address. Below that, you can define the “gas value” and see the recommended “gas value” for that contract. Some custom data or strings can also be added to the contract if you know the specific address.

Jaxx is available on iOS mobile/tablet, Chrome & Firefox extensions, and MAC/Linux desktop versions. You can download Jaxx for any platform from here.

Download the Jaxx app from Google Play

3. Ethereum’s Mist Wallet

Ethereum's Mist Wallet

Mist is the official desktop wallet for Ethereum. With Shapeshift enabled on Mist, you can store, trade, or exchange ETH for BTC (and vice versa).

Desktop wallet for Ethereum

The configuration of a Mist wallet takes some time, as it has to interact with all the Ethereum nodes for synchronization. After the sync is completed, you can write, deploy, and use Ethereum smart contracts by defining a “gas value”.

Mist is available now on Linux 32/ 64 bit, Windows 32/64 bit, and Mac OS.

Download Mist for various platforms

4. Geth, Eth, and Pyethapp

Geth, Eth, and Pyethapp are three official wallets for Ethereum implemented in different languages. In order to access these wallets, you need to have some programming knowledge.

These wallets are usually used to mine Ether, create contracts, and send transactions.

  • Geth – Geth Ethereum wallet is implemented in Go programming C language.
  • Eth – Eth Ethereum wallet is implemented in C++ programming language.
  • Pyethapp – Pyethapp Ethereum wallet is implemented in Python programming language.

These wallets are available on Windows, Linux, and Mac.

Installing and running these wallets allows you to:

  • Mine Ether
  • Transfer funds
  • Create smart contracts and send transactions
  • Explore block history

Download and install Geth/Eth/Pyethapp

Best Wallets For Ethereum Smart Contracts

Ethereum is promising technology with many more innovations yet to come. These wallets are merely a few options available in the Ethereum ecosystem which let you interact with smart contracts and buy/sell/trade/mine Ether. But in my experience, and based on reviews, the above-mentioned wallets are the best.

Give ’em a try and let me know your experience in the comments section!

And if you like this article, do share it with your network!

7 thoughts on “Best Ethereum Wallets That Support Smart Contracts”

  1. Great article Sudhir! Thank you.
    I’m wondering whether there is a wallet supporting smart contract transfers (depositing to this wallet) and sending them to a wallet/exchange who does not support smart contracts but standard contracts only.
    Thanks.

  2. help needed for transferring ether from jaxx wallet to koinex. there is no direct transfer allowed as koinex asks for a destination tag which jaxx does not have. any suggestions appreciated

  3. Great article Sudhir. So, all these wallets use Smart Contract to receive Ethers? In other words, when I send my Ether to these wallets, deposit addresses in these wallets are not the EOA but Smart Contract addresses.

    Moreover, that transaction triggers the Smart Contract logic and once these wallets receive my fund on the deposit address, Smart Contract will send them to the other addresses (probably cold wallet address)?

    Thanks again for the information.

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