How do I create an Ethereum wallet?
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There are a number of Ethereum wallet apps on the market from a variety of vendors and with different features to choose from. We welcome you to try the Bitcoin.com Wallet. It's a fully non-custodial wallet, meaning you - and only you - have access to your Ethereum and other digital assets.
Read more: How do I buy ETH?
Why do I need an Ethereum wallet?
Centralized cryptocurrency exchanges are a popular place for many newcomers to buy their first ETH. However, when you buy ETH on a cryptocurrency exchange, the exchange retains control over your ETH. Not only does this expose you to the risk of the exchange getting hacked or going bankrupt, it also means you have to ask for permission to withdraw your ETH, wait longer to withdraw, and generally pay higher transaction fees for withdrawals. Furthermore, by holding your ETH on a centralized exchange, you won't be able to put it to use in the wide range of dApps available on the Ethereum network. Cryptocurrency exchanges are best used only for trading-not for storing or using your ETH.
Read more: What is ETH used for?
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Understand Ethereum's key characteristics.
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