You can choose from dozens of available wallets, starting with these 10 which are among the most reliable. Points taken into account in our Shiba Inu wallet comparison include ease of use, security, third-party integration, and available cryptocurrencies, among others.
| Name | Type | Supported cryptos | Platforms |
| eToro Money | Mobile app | 30+ | iOS, Android |
| Exodus | Mobile app, web extension | 290+ | Windows, Mac, iOS, Android, Chrome/Brave browser extension |
| Trust Wallet | Mobile app, web extension | 4.5 million tokens | iOS, Android, Chrome browser extension |
| MyEtherWallet | Mobile app, web extension | ETH + ERC-20 | iOS, Android, Chrome browser extension |
| Ledger Nano X | Hardware | 5 000+ | Windows, Mac, Linux, iOS and Android |
| KeepKey | Hardware | 50+ | Windows, Mac, iOS, Android and Linux |
| MetaMask | Mobile app, web extension | ETH + ERC-20 | iOS, Android, Chrome browser extension |
| Trezor | Hardware | 1 400+ | Windows, Mac, Linux, iOS and Android |
| Binance | Pc, web, mobile application | 400+ | Windows, Mac, Linux, iOS and Android |
eToro Money
As well as being one of the most popular online trading platforms, eToro also offers cryptocurrency trading and custody services. The eToro crypto wallet called eToro Money is only available as a mobile app. The app is already quite popular with over 100,000 downloads.
To go through the easiest way to buy Shiba Inu (SHIB), you can use the eToro platform, which allows you to buy SHIB crypto without holding a wallet.
eToro
- Simplified Accessibility
- Supports 120+ cryptocurrencies
- Integration with eToro
eToro
Exodus
If you need more functionalities for your Shiba Inu wallet, Exodus offers a more enhanced experience where you can buy and sell SHIB while acquiring other assets like NFTs. The wallet supports over 290 different assets so you can increase your exposure to cryptos.
It was among the first cryptocurrency wallets to be created and has stood the test of time. This makes it an ideal option for those who often use their computer.
Exodus
- Multicurrency support
- Automatically adjustable fees
- Responsive customer support
Exodus
Trust Wallet
With over 25 million users, Trust Wallet is one of the best wallets for Shiba Inu you can use. It has gained in popularity thanks to its ease of use and, as you’ll see in the next section, you can even buy SHIBs in just a few taps.
It’s a simple app, but it has a wide variety of features and supports numerous crypto assets, as well as DApps. This, along with the security it offers, makes it a wallet of choice.
Trust
- Enhanced security
- Integrated staking option
- No hidden fees
Trust
MyEtherWallet
Shortly after the launch of Ethereum, MyEtherWallet (MEW) was one of the first cryptocurrency wallets to offer services for ETH and other ERC-20 tokens. What makes it unique is that it is an open-source project, meaning that no single company centralizes its development.
This makes it a good choice if you value privacy and decentralization, but it also means that the application doesn’t have as many features as some of the others on this list.
MyEther
- Specialized in Ethereum/ERC-20
- Allows offline transactions
- Compatible with hardware wallets
MyEther
Ledger Nano X
Physical wallets are the preferred option for security-conscious investors. It’s not that some people don’t value security, but these hardware wallets ensure cold or offline storage of Shiba Inu memecoin tokens so they can’t be easily accessed by malware.
Ledger Nano X is one of the most popular hardware wallets, not only for the security it offers but also because it comes with numerous features such as apps to enhance user experience.
Ledger
- Portability and durability
- Integration with applications and services
Ledger
KeepKey
It’s also a hardware wallet but differs from its predecessor in its simpler design. KeepKey doesn’t have many features for an enhanced experience but rather provides an easy way to keep your Shiba Inus safe.
It still connects to your other devices – desktop, and mobile – via Bluetooth, but it’s not “gimmicky”, which means it’s simply designed to keep your assets safe.
KeepKey
- Fee-free transactions
- Sleek design
- Easy conversion
KeepKey
MetaMask
For those who want an even more convenient experience, the MetaMask extension for Chrome browser is the solution. After downloading the extension to your browser, you can make crypto purchases directly from the browser with just a few clicks.
You can also download the app for IOS and Android with similar ease and functionality to the web app.
MetaMask
- Multi-platform access
- Non-custodial wallet
- Multi-network interoperability
MetaMask
Trezor
Yet another hardware wallet, Trezor is similar to KeepKey in its simplicity and emphasis on security. It is, however, even more popular, with over a million units sold on the Model One and Model T series and more than a million users.
This is what you need if you want to keep the SHIB for a long time, because not only is it secure, but it makes it easy to recover your tokens in the event of theft, loss, or damage.
Trezor
- Enhanced Security
- User-Friendly Interface
- Wide Cryptocurrency Support
Trezor
Binance
Binance is well known as a crypto exchange, but it also provides a mobile app that can be used to buy, sell, and store cryptocurrencies like Shiba Inu. It supports over 400 cryptos, making it ideal for traders.
Hodlers are also welcome, as the Binance exchange stores tokens in cold wallets. The exchange’s reputation also helps to avoid losses due to bankruptcies, making it a secure long-term storage platform.
Binance
- Wallet designed for DeFi
- Renowned exchange wallet
- Total control over your cryptocurrencies.
Binance
What is a Shiba Inu wallet?
Before you can even begin to choose between all the options available, you first need to understand what a Shiba Inu wallet is. The first thing to know is that Shiba Inu is not an independent blockchain, but is built on top of the Ethereum blockchain.
SHIB is therefore not a coin like Bitcoin, but rather an ERC-20 token, meaning it’s compatible with any crypto wallet that supports Ethereum.
It’s worth noting that a cryptocurrency wallet doesn’t actually store cryptocurrencies or tokens. Tokens exist on a blockchain and are not physical assets. When we say that you can track all transactions on a blockchain, this refers to the address or public key, which is like an account number indicating every transaction linked to a particular wallet.
However the public address doesn’t identify the wallet’s owner, it only indicates who owns each cryptocurrency or token on the blockchain. So a cryptocurrency wallet stores only the private keys that give you access to your cryptocurrencies already existing on the blockchain. Whoever holds the private key holds the crypto. So your Shiba Inu wallet will give you access to your SHIB tokens thanks to the private keys it stores.
Shiba Inu cold wallet or hot wallet?
Cryptocurrency wallets can be classified into two broad categories: cold wallets and hot wallets, depending on how the assets are accessed. Here’s what you need to know about each storage system.
| Cold wallet | Hot wallet |
| Private keys are stored offline | Private keys can be exposed to the Internet |
| Can be electronic or paper | Is software (App or browser extension) |
| Less vulnerable to malware | More vulnerable to malware |
| Less practical to use and more expensive | More practical, easier to use on a daily basis and free of charge |
| The best solution for large numbers of tokens | Ideal for everyday use (purchasing and trading) |
Shiba Inu cold wallet
A cold wallet simply refers to the storage of a private key in offline support until it is needed. As we saw in the previous section, hardware wallets such as Trezor provide this type of storage.
Pros of Shiba Inu cold wallet
- Absolute control: with your private key in hand, you have total control over your cryptocurrencies and no one can limit how you use it. Cryptocurrency enthusiasts prefer this system because that’s what cryptos are all about: eliminating the need for banks and other financial institutions.
- Enhanced security: it’s impossible to hack into a cold wallet because it’s not connected to the Internet. And even when verifying transactions, hardware wallets perform in-device checks to avoid any risk of a thief acquiring your private key.
- Anonymity: if you want your transactions to be secure, cold wallets don’t require personal data, unlike some hot wallet platforms.
Cons of Shiba Inu cold wallets
- More expensive: hardware wallets can cost between $50 and $200, which may not be reasonable if you only have a few SHIB tokens, but whales (large holders) prefer the extra cost for the security it provides.
- Less convenient – compared to hot wallets, cold wallets require more effort to make transactions, making them unsuitable for active crypto traders.
Shiba Inu hot wallet
Unlike a cold wallet, a hot wallet is often connected to the Internet. These are wallets in the form of mobile apps, PC software, or browser extensions.
Pros Shiba Inu hot wallets
- Ease of use: online wallet transactions are highly convenient, often requiring only a password or fingerprint to be authorized in a matter of seconds.
- Less expensive: except for transaction fees, hot wallets are essentially free to download and use.
- Diversification: the same wallet can be used to store multiple tokens, allowing you to diversify and gain exposure to different cryptocurrencies from the same platform.
- Account recovery – you don’t lose your cryptos just because you’ve lost your device or forgotten your password. This makes it ideal for occasional users who may need to recover their accounts after a while.
Cons of Shiba Inu hot wallets
- Exposure to online theft: as a hot wallet is always connected to the Internet, a hacker can access the private keys sometimes stored in the same device, and transfer cryptos to its address.
- Potential loss: if you lose your recovery phrases, it becomes very complicated to access the wallets again.
- Vulnerability to malware: hot wallets are more vulnerable to hacker attacks than cold wallets. Online platforms can be hacked, and your cryptos could disappear with no possible refund.
How to buy Shiba Inu with your wallet and create a SHIB address?
Trust Wallet is the most beginner-friendly wallet in our guide. For this reason, let’s take a look at how you can create a SHIB address or buy SHIBs within the app.
As the SHIB is very popular, it can be transferred from another exchange to your Shiba Inu wallet in Trust Wallet. Just type this icon and search for SHIB (ERC20).
Tick the box corresponding to Shiba Inu and tap it on the home page.
If you already have SHIB tokens in another wallet or are waiting to receive tokens from another person, press Receive to display the ECR20 address above.
Important: Be sure to select the Shiba Inu (ERC20) option if you’re sending from the Ethereum network, and not another option from the list.
You can share them freely, as they do not give anyone else access to your SHIB tokens, and the tokens will be received in your Trust Wallet account.
You can also buy SHIBs from Trust Wallet.
Depending on your location and account currency, you can choose from a variety of partners such as MoonPay or Simplex, which allow you to buy cryptocurrencies using your credit card.
It’s also possible to exchange another cryptocurrency you already have on Trust Wallet for SHIB thanks to the built-in decentralized exchange (DEX).
Wallet Shiba Inu – Our final review
Almost all the Top Shiba Inu wallets support hundreds of other assets. The main difference between them lies in ease of use. Mobile wallets like Trust Wallet are generally the most user-friendly without compromising security. What’s more, you can buy your SHIBs directly on their integrated exchanges.
