As the demand for faster, cheaper, and more efficient blockchain solutions continues to grow, Arbitrum has emerged as a promising layer-2 scaling solution for Ethereum. With its focus on reducing gas fees and improving transaction speeds, Arbitrum has gained a lot of traction in the blockchain community.
In this blog post, we will explore the best Arbitrum wallets (ARB) to use in 2023, covering their features, security, and ease of use.
Best Arbitrum Software Wallets Reviewed (Mobile + Desktop)
1. Trust Wallet: Best Arbitrum Crypto Wallet
Trust Wallet, being among the first to integrate Arbitrum along with Optimism, another Layer 2 solution, provides you with access to faster and more affordable transactions. You can explore and use a variety of Arbitrum dApps, such as Uniswap, SushiSwap, Aave, and others, directly through Trust Wallet.
Additionally, the wallet supports Arbitrum NFTs, allowing you to buy, sell, and store unique digital assets like art, collectibles, and gaming items, with the added feature of viewing them in a gallery.
Trust Wallet is a versatile mobile application that supports a wide array of blockchain networks, including Ethereum, Arbitrum One, Binance Smart Chain, and several others. For you to use Trust Wallet with Arbitrum, it’s necessary to add the Arbitrum network to the wallet. This action allows you to store, transfer, and receive Arbitrum tokens as well as interact with decentralized applications (dApps) based on Arbitrum.
Related: Trust Wallet Review
2. Coinbase Wallet: Secure ARETH Wallet
Coinbase Wallet is a non-custodial mobile wallet that allows users to store, manage, and trade cryptocurrencies. It is available for both iOS and Android devices, and it supports a wide range of blockchains including Arbitrum One.
In the Coinbase Wallet app, users can add the Arbitrum network by selecting it from the list of available networks. Once added, they can send and receive funds on the Arbitrum network, as well as access dApps that are built on it. They can also view their transaction history and manage their private keys, which are stored locally on their device.
3. SafePal: Best Arbitrum Software wallet
The Safepal software wallet is a mobile wallet that allows users to securely store and manage their cryptocurrencies on their smartphones. It is available for both iOS and Android devices and can be downloaded for free from the respective app stores.
It supports a wide range of cryptocurrencies, including popular tokens like Bitcoin, Ethereum, and Binance Coin, as well as the ARB token.
4. Metamask Wallet: Bridge Arbitrum to ETH
Metamask is another popular non-custodial cryptocurrency wallet that allows users to securely store, manage, and exchange various cryptocurrencies, including Ether (ETH) and other ERC-20 tokens. It also has a built-in decentralized application (dApp) browser that allows users to interact with various Ethereum-based dApps.
To use Arbitrum One with Metamask, add the network to your wallet, fund it, and use dApps on the network. Metamask makes it easy and secures to access and use the Arbitrum One network.
Related: How to connect Arbitrm to metamask wallet
Best Arbitrum Hardware Wallets Compared
| Arbitrum Wallets | Rating | Learn More | |
|
Most Popular
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ELLIPAL Titan 2.0 |
10
|
|
|
Open-source
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Keystone 3 Pro |
9.5
|
5. ELLIPAL Titan 2.0
The ELLIPAL Titan 2.0 is a secure wallet for keeping your ARB tokens and other types of digital money safe. It works well with MetaMask and WalletConnect, making it easy for you to use Arbitrum and other blockchain systems.
This wallet is made to be very safe and simple to use. It does not connect to the internet, WiFi, Bluetooth, USB, or any networks, which keeps it safe from online attacks. The wallet is made entirely of metal to protect it from being tampered with or damaged. When you want to move your ARB tokens or Arbitrum ecosystem tokens, you just scan a QR code on the wallet’s big, 4 inch clear touchscreen.
The ELLIPAL Titan 2.0 uses EAL5+ secure chips to protect against serious threats. It has a special security feature that requires a PIN and a password to open. There’s also a hidden wallet option that you can use with a different password for extra safety. If someone tries to break into the wallet, it will automatically erase all the private information.
Besides being very secure, the ELLIPAL Titan 2.0 is easy to use. It can hold and manage more than 10,000 different kinds of digital money, including NFTs. You can have multiple accounts, recover your seed phrase and private key, and update the wallet’s software with a microSD card. (Read full ELLIPAL Titan review)
6. Keystone 3 Pro
Keystone 3 Pro is a cold wallet and hardware wallet that offers seamless compatibility with leading wallets like MetaMask mobile, OKX Wallet, and BlueWallet. It supports over 5000+ coins, including Arbitrum.
One cool feature of the Keystone 3 Pro is its colorful touchscreen. This screen lets you check all the details of your transactions before you approve them. It also has a fingerprint scanner, which makes it easy and safe to unlock your wallet or approve transactions without anyone else being able to see.
For anyone looking to keep their Arbitrum tokens safe while also being able to use them easily, the Keystone 3 Pro is a great choice. It’s like having a safe that’s not just secure but also works with lots of different apps. Plus, it’s built on open-source technology, which means its safety and operation are clear and trustworthy. (Check out Keystone Pro review)
What is Arbitrum?
Arbitrum is a layer 2 scaling solution for Ethereum, which aims to address the high fees and slow transaction times. It uses a technique called optimistic rollups to enable fast and low-cost transactions.
Optimistic rollups work by processing transactions off-chain and then bundling them together into a single transaction that is then submitted to the Ethereum blockchain. This allows for much faster and cheaper transactions, as well as increased scalability.
Arbitrum is compatible with existing Ethereum smart contracts and dapps. This means that developers can easily migrate their existing applications to Arbitrum without having to make any major changes to their code.
Additionally, users can seamlessly move their Ethereum assets to Arbitrum and back to the main Ethereum network as needed.
Final Thoughts
In conclusion, the Arbitrum network has gained significant traction in the decentralized finance (DeFi) space, and with the launch of its native token, ARB, the demand for reliable and secure Arbitrum wallets has increased.
After a thorough review, it’s clear that there are several great options for ARB wallets. Some of the top choices include MetaMask, Safepal, and Trust Wallet, all of which offer robust security features and user-friendly interfaces.
When choosing an Arbitrum crypto wallet, it’s essential to consider factors such as security, ease of use, and compatibility with the Arbitrum network and ecosystem.
Best Arbitrum Wallet: FAQs
Which wallet to use for Arbitrum
You can use any wallet that supports Ethereum and custom RPC networks, such as Trust Wallet, MetaMask, ELLIPAL Titan, Coinbase Wallets, and others. You will need to add the Arbitrum network to your wallet settings and use the ARB token as the native currency.
Where do you store Arbitrum (ARB)?
You can store your ARB tokens in any compatible Arbitrum wallets such as Trust wallet, MetaMask, Ledger, Trezor, and crypto exchange like Huobi Global, MEXC, Pionex, and others. You can also bridge your tokens from Ethereum to Arbitrum and vice versa using the Arbitrum Bridge.
Can I use Arbitrum on Ledger?
Yes, you can use Arbitrum on Ledger, a hardware wallet that secures your private keys offline. You will need to connect your Ledger device to a software wallet that supports Arbitrum, such as MetaMask, and add the Arbitrum network to your wallet settings. You can then access your ARB tokens and interact with Arbitrum dApps using your Ledger device.
Does MetaMask support Arbitrum?
Yes, MetaMask, a popular browser extension and mobile app that allows you to manage your Ethereum accounts and assets, supports Arbitrum. You will need to add the Arbitrum network to your MetaMask settings and use the ARB token as the native currency. You can then send and receive ARB tokens and use MetaMask to connect to Arbitrum dApps.
How do I fund my Arbitrum wallet?
You can fund your Arbitrum wallet by bridging your tokens from Ethereum to Arbitrum using the Arbitrum Bridge. The bridge allows you to transfer any ERC-20 token, such as ETH, USDC, DAI, etc., from the Ethereum mainnet to the Arbitrum network and back. You will need to pay gas fees on both networks for the bridging transactions. Once you have bridged your tokens, you can use them on Arbitrum as if they were on Ethereum.
Which wallet is best for Arbitrum?
ELLIPAL Titan 2.0 and Keystone 3 Pro are the best hardware wallets for Arbitrum storage, whereas Trust Wallet and MetaMask are the top software Arbitrum crypto wallets.
