1inch Wallet vs MyEtherWallet

How 1inch Wallet vs MyEtherWallet compare on our ratings, wallet specs, funding, pros and cons.

Feature	1inch Wallet Visit	MyEtherWallet Visit
Ratings
Our score	4.3/5	3.9/5
User rating	No reviews yet	No reviews yet
Security	4.0	3.5
Ease of use	4.5	3.5
Chain support	4.5	4.0
Features	4.5	4.0
Privacy	4.0	4.5
Specs
KYC required	No	No
Wallet type	Mobile	Web, Mobile
Custody	Self-custodial	Self-custodial
Chains	Ethereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, Other	Ethereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Optimism, Polygon, Other
Platforms	iOS, Android	iOS, Android, Chrome, Firefox, Brave, Edge, Safari
Open source	Not disclosed	Yes
Hardware wallet support	Yes	Yes
In-app swaps	Yes	Yes
Staking	Yes	Yes
NFT support	Not disclosed	Yes
WalletConnect	Yes	Yes
Security features	MEV protection, Encrypted file backup, Cloud backup, Hardware wallet integration	Client-side key generation, Hardware wallet integration, Biometric authentication, Passcode protection
Recovery without a seed phrase	No	Not disclosed
Built-in dApp browser	Yes	Yes
Company
Founded	2019	2015
Headquarters	—	United States
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Native swaps across 18+ blockchains without routing through third-party bridges Self-custodial architecture requiring no identity verification or KYC Zero gas fees available on supported swap modes Hardware wallet pairing supported through Ledger devices	Open-source, client-side architecture with continuous operation since 2015 No registration or identity verification required for core wallet features Supports Ethereum Layer 2s, Bitcoin, Solana, and Polkadot alongside EVM chains Free core wallet software with transparent third-party swap fee quotes
Cons	No native desktop application available March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers Unbacked private keys cannot be recovered if device access is lost	Lost 215 ETH in an April 2018 BGP DNS hijacking incident Self-custodial design leaves recovery entirely dependent on user seed-phrase safety Web interface users face domain-spoofing and phishing risks
Best for	Active multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protection	Ethereum and EVM users wanting self-custody, Traders managing assets across Bitcoin, Solana, and Ethereum, Users avoiding mandatory account registration

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.