Gem Wallet vs MyEtherWallet

Gem Wallet4.6/5

VS

MyEtherWallet3.9/5

Feature	Gem WalletVisit	MyEtherWalletVisit
Ratings
Our score	4.6/5	3.9/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.5	3.5
Chain support	5.0	4.0
Features	4.0	4.0
Privacy	5.0	4.5
Specs
KYC required	No	No
Wallet type	Mobile	Web, Mobile
Custody	Self-custodial	Self-custodial
Chains	Ethereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Sui, Aptos, TON, Tron, Hyperliquid, Cosmos, Other	Ethereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Optimism, Polygon, Other
Platforms	iOS, Android	iOS, Android, Chrome, Firefox, Brave, Edge, Safari
Open source	Yes	Yes
Hardware wallet support	Not disclosed	Yes
In-app swaps	Yes	Yes
Staking	Yes	Yes
NFT support	Yes	Yes
Buy crypto in app	Yes	Not disclosed
WalletConnect	Not disclosed	Yes
Security features	Biometric authentication, 12-word seed phrase backup, Apple Keychain integration, Google Tink encryption	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
Swap fee	0.5%	Not disclosed
Company
Founded	2023	2015
Headquarters	United Arab Emirates	United States
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Fully open-source mobile application audited by CertiK in April 2026 Requires no account creation, email address, or identity verification Supports over 100 distinct blockchains within a single interface Integrated DEX aggregator compares routes across 23 swap providers	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 desktop client or web browser extension available Swaps carry a 0.5% fee in addition to standard network costs No social recovery alternative for the seed phrase	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	Mobile multichain crypto management, Privacy-focused self-custody, Direct cross-chain swaps without exchanges	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.

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