Wallet Reference
ERC-20 Wallet Compatibility
Every major Ethereum wallet, what it does well, and what it does badly for holding and trading ERC-20 tokens. Updated for 2026.
The short answer: Use MetaMask for daily trading and dapps. Use Rabby if MetaMask UX frustrates you. Use Ledger or Trezor for any wallet holding more than you can lose. All other wallets are situational.
Quick Comparison
| Wallet | Type | Desktop | Mobile | Hardware support |
|---|---|---|---|---|
| MetaMask | Browser + mobile | Yes (extension) | Yes (app) | Ledger, Trezor |
| Rabby | Browser | Yes (extension) | Mobile beta | Ledger, Trezor |
| Coinbase Wallet | Browser + mobile | Yes (extension) | Yes (app) | Ledger |
| Trust Wallet | Mobile | Beta extension | Yes (app) | None |
| Rainbow | Mobile + browser | Yes (extension) | Yes (app) | Ledger |
| Frame | Desktop app | Yes (native) | No | Ledger, Trezor, GridPlus |
| Brave Wallet | Browser | Yes (built in) | Mobile browser | Ledger, Trezor |
| Ledger Nano S Plus / X | Hardware | Via MetaMask/Rabby | Via Ledger Live | Native (it is the hardware) |
| Trezor Safe 3 / Model T | Hardware | Via MetaMask/Rabby | Via Trezor Suite | Native |
| GridPlus Lattice1 | Hardware | Via Frame, MetaMask | Via mobile app | Native |
MetaMask
The default Ethereum wallet for most users. Browser extension on desktop, app on iOS and Android. Works with every major dapp via EIP-1193 connection. Pairs with Ledger and Trezor for hardware-backed signing.
Best for: daily trading, dapp interaction, broad compatibility.
Weak at: gas estimation can be misleading, security warnings are basic, mobile network switching is clunky. Token import is manual (see our import guide).
Rabby
Browser extension wallet built by the DeBank team. Focuses on safety previews: every transaction shows a clear "you will lose X, gain Y" simulation before you sign. Built-in revoke tools.
Best for: active DeFi users, traders who interact with many dapps. Reduces "what did I just sign" anxiety significantly.
Weak at: mobile is still beta. Smaller ecosystem of wallet-specific integrations.
Coinbase Wallet
Non-custodial wallet from Coinbase. Browser extension and mobile app. Holds private keys on the user device, not with Coinbase the exchange.
Best for: users coming from the Coinbase exchange who want to start using DeFi. Familiar branding, easy onboarding from Coinbase.
Weak at: dapp compatibility is solid but not at MetaMask\'s level. Some niche protocols default to assuming MetaMask.
Trust Wallet
Mobile-first wallet owned by Binance. Strong on mobile UX. Supports many chains beyond Ethereum (BNB Chain, Solana, etc.).
Best for: mobile-only users, especially in markets where mobile is the dominant Ethereum entry point.
Weak at: desktop story (browser extension is still beta). Some advanced DeFi protocols have weaker mobile UX overall.
Rainbow
Mobile-first wallet with strong design and onboarding. Browser extension exists. Built-in DeFi browser and ENS support.
Best for: users new to crypto who want a polished mobile experience.
Weak at: some power-user features (raw transaction data, custom RPCs) are intentionally hidden.
Frame
Desktop-native wallet that runs as a system app instead of a browser extension. Strong hardware wallet support (Ledger, Trezor, GridPlus).
Best for: power users running their own RPCs or local Ethereum nodes. Privacy-focused users.
Weak at: no mobile. Slightly higher learning curve than MetaMask.
Hardware wallets: Ledger, Trezor, GridPlus
Physical USB devices that hold private keys in a secure element. Used via MetaMask, Rabby, or Frame. The keys never leave the device - signing happens on-device with on-screen confirmation.
- Ledger Nano S Plus ($79). The standard hardware wallet. Works with MetaMask, Rabby, and Ledger Live.
- Ledger Nano X ($149). Bluetooth-enabled, larger screen. More expensive but better mobile pairing.
- Trezor Safe 3 ($79). Open-source firmware. Strong reputation.
- Trezor Model T ($219). Touch-screen, slightly better UX.
- GridPlus Lattice1 ($397). Full-keyboard hardware wallet with on-device transaction simulation. Premium tier.
Use any of these for wallets holding meaningful value. The Ledger/Trezor + MetaMask combination is the most common standard for serious holders.
Wallets to avoid (for ERC-20)
- Phantom (until ETH support matured) - now EIP-1193 compatible. Acceptable, but if you are primarily on Ethereum, MetaMask is more battle-tested for ERC-20.
- Custodial exchanges (Binance, Coinbase, Kraken). These are NOT wallets in the DeFi sense. You cannot interact with dapps from them. Withdraw to a proper wallet first.
- Random "wallet" apps from app stores. Many are scams that exfiltrate seed phrases. Stick to the names on this page.
Got a wallet? Time to deploy.
ETHTokenLaunch works with every EIP-1193 wallet on this page. Connect MetaMask, Coinbase Wallet, Rabby, or any other supported wallet to deploy.