My Ether Wallet is a highly recommended by London Crypto Exchange as the best way to secure your Funds.
For the Paper Wallet: We recommend using your private safe, safety deposit box or any hiding place you have which is under physical lock and key, users must treat their paper and the password and addresses, like any other currencies, so find a secret place (which only you have access) to store your paper wallet which could be misplaced, lost or stolen.
For the Online Wallet: We recommend using My Ether Wallet online but you must remember your credentials and perform sensible digital storage (file encryption) it is a chance to better arm yourself against phishers and hackers targeting trade environments. Always use only approved software and official websites, even when purchasing cold storage related products such as hardware wallets.
The following are steps to set an address on MyEtherWallet.