If you had been to buy an costly portray, chances are high you’d need to retailer it in a secure fireproof secure. The similar could possibly be stated about many NFT collectibles. Sure, a Bored Ape isn’t a Botticelli, however many blue-chip NFTs are insanely priceless. Since NFTs reside on the blockchain, you’ll want a digital solution to retailer these unique tokens.
Luckily for NFT collectors, many crypto wallets now have NFT integrations. Using one of many following NFT wallets could make it far tougher for hackers to steal your favourite digital artworks.
Best NFT Wallets
NFT wallets come in numerous shapes and types, and so they all have their unique benefits and drawbacks.
1. Coinbase Wallet: Best All-Around NFT Wallet
Most Americans have heard of the Coinbase exchange, however not everyone seems to be accustomed to Coinbase’s non-custodial crypto wallet. Indeed, it’s frequent for brand new Coinbase customers to confuse the Coinbase Wallet app with their common Coinbase account.
“Coinbase Wallet” is a free multi-chain crypto wallet obtainable as a browser extension and mobile app. Although the Coinbase Wallet connects with the Coinbase exchange, you don’t want a Coinbase account to make use of it. NFT collectors who download the Coinbase Wallet may simply retailer and showcase NFTs and buy new digital collectibles from websites like OpenSea and (in fact) the Coinbase NFT Market.
The Coinbase Wallet additionally has glorious safety features like fingerprint sign-in and backup cloud storage to your seed phrase. You may additionally create a memorable title to your public keys slightly than copying a long string of random symbols.
Although some folks have points with this wallet’s connection to a centralized exchange, it’s arguably the perfect all-around app for NFT storage and trading — particularly for beginners. Read our full Coinbase review to study extra.
→ Visit now: www.Coinbase.com
Key Features
- Available as a browser extension or on iOS and Android telephones
- Offers help for multiple blockchains, tokens, and NFTs
- Accepted on most NFT markets, particularly on Ethereum
- Fingerprint sign-in and cloud-hosted backup seed phrase obtainable
- Allows you to stake quite a few tokens straight in your Coinbase Wallet
Pros
- Multi-chain help and intuitive design
- Easy to retailer and think about your NFTs
- High-security requirements and nice buyer help
- Seamlessly connects together with your Coinbase account and Coinbase NFT
Cons
- Some customers aren’t snug with “Coinbase centralization risk.”
- It isn’t the only option for purchasing NFTs on smaller non-EVM chains.
2. Enjin: Best for NFT Gamers & Game Developers
The Singapore-based firm Enjin has turn out to be a dominant drive within the rising blockchain gaming neighborhood. Not solely does Enjin have many thrilling NFT-enabled video games like “Age of Rust,” but it surely additionally makes it straightforward for recreation builders to mint ERC-1155 NFTs with out prior coding experience.
Since NFTs are central to Enjin’s business, its crypto wallet focuses on storing, showcasing, and swapping NFTs, particularly gaming-related NFTs objects. Enjin’s wallet additionally connects with its NFT marketplace for straightforward trading. Anyone all for play-to-earn video games ought to try the modern features on the Enjin wallet.
→ Visit now: www.Enjin.io
Key Features
- Seamless integrations with Enjin’s NFT Market, video games, and growth portal
- An limitless number of wallets for numerous functions
- Ability to swap crypto property in-app with Kyber, Bancor, or Changelly
- Connection with Trezor or Ledger {hardware} wallet
- Ability to “Melt” NFTs to extract ENJ tokens
Pros
- Has a long monitor report within the blockchain gaming sector
- Offers recreation builders a simple solution to create NFTs
- Offers infinite wallets for investments, gaming, or different functions
- Presents a clear & easy user-interface
- Uses fingerprint scanning for secure sign-in
Cons
- Primarily focused on ERC-1155 NFTs
- Doesn’t offer many integrations with Ethereum opponents
- Doesn’t offer just a few Enjin Wallet 2.0 features aren’t obtainable on iOS
3. MetaMask: Best for Active DeFi & NFT Traders
MetaMask has turn out to be the default browser extension wallet for a lot of NFT followers. Developed by ConsenSys in 2016, this well-liked Ethereum crypto wallet has been downloaded no less than 3 million occasions, and it’s now obtainable as a desktop and mobile wallet.
Even although MetaMask’s structure could take some getting used to, it’s essentially the most extensively accepted wallet on Ethereum. All of the most well liked NFT markets (e.g., OpenSea, Rarible, and Nifty Gateway) strongly suggest utilizing MetaMask. Plus, MetaMask now gives entry to NFT websites on Polygon, the Binance Smart Chain, and Avalanche.
Since MetaMask is the most well-liked NFT wallet, it’s susceptible to phishing assaults and scams. If you download a MetaMask wallet, please verify their official social media feeds for phishing alerts. Also, by no means give your seed phrase to anybody who claims they’re from MetaMask’s help employees.
→ Visit now: www.MetaMask.io
Features
- Available on smartphones and as a desktop browser extension
- Instantly connects with the highest NFT markets, together with OpenSea
- Holds numerous ERC-20, ERC-721, and ERC-1155 tokens
- Option to buy Ethereum straight by means of MetaMask
Pros
- Accepted on nearly each Ethereum-based dApp
- Has the most important person base and big supporters
- Works on Binance Smart Chain, Avalanche, and Polygon
- Enhanced security with Ledger {hardware} connection
Cons
- Not essentially the most beginner-friendly user interface
- Prone to phishing assaults
- Not straightforward to view or showcase your NFTs
4. AlphaWallet: Best for People Who Want Full Transparency
AlphaWallet is an app-based crypto wallet that’s important constructive is its transparency. Although AlphaWallet isn’t the most important NFT crypto wallet, it has a completely open-source code. The AlphaWallet group goes out of its method to supply security by integrating with Secure Enclave and partnering with big crypto firms like Circle, Maker, and Coinbase.
The interface on AlphaWallet can be clear and easy to make use of for storing NFTs. The AlphaWallet group now claims to help 32 networks, and it has experience efficiently minting NFTs for the large occasions just like the FIFA 2018 World Cup.
All in all, AlphaWallet is without doubt one of the finest picks for patrons who put a high precedence on safety and transparency.
→ Visit now: www.AlphaWallet.com
Features
- Ability to retailer numerous ETH-based NFTs, together with ENS domains
- Works with TokenScript
- Supports over 30 networks
- Open-source code
- Secure Enclave for additional security
Pros
- Open-source code for full transparency
- Advanced encryption with Secure Enclave
- Professional experience minting NFTs for the 2018 FIFA World Cup
- Easy-to-use interface
- Partnerships with highly effective crypto firms like Coinbase and Circle
Cons
- No desktop browser-based extension
- Focused on Ethereum NFTs
- Not as well-known or built-in as different crypto wallets
5. Trust Wallet: Best NFT Wallet for Beginners & BSC Fans
Trust Wallet shares many similarities with the Coinbase Wallet. Many crypto pros suggest these apps to beginners as a result of they’re large, secure, and easy to make use of. These crypto wallets additionally benefit from the backing of large exchanges. In Trust Wallet’s case, you’ll benefit from the safety of Binance, which is now the world’s main crypto exchange.
Since Binance owns Trust Wallet, it’s straightforward to make use of this app to retailer and work together with NFT websites on the Binance Smart Chain. However, Trust Wallet additionally works nicely on Ethereum NFT dApps like OpenSea.
Aside from NFTs, Trust Wallet helps about a million digital property throughout lots of of chains. There are additionally many Earn features the place you might stake your wallet’s tokens for curiosity.
So, should you don’t thoughts storing your crypto and NFTs on a mobile machine, Trust Wallet could also be a sensible choice for you.
→ Visit now: www.TrustWallet.com
Features
- Available on iOS and Android mobile units
- Store and showcase ERC-721, ERC-1155, BEP-721, and BEP-1155 NFTs
- Compatible with roughly a million digital property
- dApp browser for Ethereum and Binance Smart Chain
- Has Staking and Earn features
Pros
- Clean & easy UI
- Tons of appropriate altcoins and NFTs
- Enjoys the backing of the world’s largest crypto exchange
- In-app staking is obtainable for multiple tokens
Cons
- Only obtainable as a mobile app
- Not so simple as different wallets for DeFi or NFT trading
6. Kukai: Best Wallet for Tezos NFTs
The Tezos blockchain isn’t as large as Ethereum, but it surely has made large information within the NFT business. Tezos’ Objkt NFT market is gaining momentum, and large manufacturers like Gap, Papa John’s, and Red Bull are providing digital collectibles on Tezos. Many firms and NFT followers love how Tezos is eco-friendly and doesn’t have high gas charges.
If you’re all for accumulating Tezos NFTs, the Kukai app is an impressive alternative. This secure wallet is easy to arrange and use on Tezos websites like Objkt, Hic et Nunc, and Tezotopia. You may additionally stake XTZ on the Kukai app for passive income. Please take into account linking your Kukai wallet with a Ledger {hardware} machine for additional security.
→ Visit now: www.Kukai.app
Features
- Ability to retailer Tezos NFTs and XTZ tokens
- Staking and baking for XTZ can be found in-app
- Connects with Tezos video games and NFT markets like Objkt
- Optional reference to Ledger {hardware} wallet
Pros
- Seamless integration with Tezos dApps
- In-app XTZ staking for passive income
- Low gas charges on Tezos versus Ethereum
- Easy-to-understand interface
Cons
- Only integrates with Tezos blockchain
- No mobile app
- Less focused on iOS units
7. Math Wallet: Best for Multi-Chain Support
Interestingly, Math Wallet‘s founder Eric Yu is a huge name in Chinese healthcare. In addition to developing the Math Wallet app, Yu serves as the CTO at the large health services company Zhongtopia. Although combining the health care and crypto industries may seem odd, Math Wallet offers a great cross-chain crypto storage and trading experience.
Indeed, one of Math Wallet’s high positives is its multi-chain help. People who download the Math Wallet achieve entry to tokens and dApps on about 100 blockchains. So, should you like exploring NFTs on numerous chains, the Math Wallet gives an all-in-one experience. As a bonus, you might use the Math Wallet to generate passive income with staking alternatives and rewards for holding the native MATH token.
Keep in thoughts that the present model of Math Wallet’s NFT Wallet is just obtainable for Android and Chrome customers.
→ Visit now: www.MathWallet.org
Features
- Available in mobile, desktop, and web-based setup
- Multi-chain help
- Connects with Ledger and WOOKONG Bio {hardware} wallets
- Offers MathGasoline app to trace gas charges throughout blockchains
Pros
- Compatible with digital property and dApps on 100+ blockchains
- Staking alternatives for dozens of cryptocurrencies, together with MATH tokens
- Has over a million customers and large companions like Binance Labs
- Connects with Ledger for offline storage
Cons
- Features could also be overwhelming for beginners
- NFT wallet is presently solely obtainable on Chrome and Android
8. Coinomi: Best Wallet for Customer Support
With a history courting again to 2014, Coinomi is without doubt one of the oldest crypto wallets that provides multi-chain help. Even although Coinomi suffered a security glitch in 2019, it has remained a well-liked alternative with many crypto buyers. In truth, Coinomi has one of many highest rankings on TrustPilot for its 24/7 ticketed help. Therefore, customers who need the peace of mind of a responsive group could have the perfect odds of success with Coinomi.
NFT followers can now use Coinomi’s desktop and mobile apps to retailer ERC-721 tokens. People who download Coinomi’s app additionally get entry to many features, together with an in-app exchange, staking rewards, and zero-fee transactions.
→ Visit now: www.Coinomi.com
Features
- Store well-liked ERC-721 NFTs
- Works with tons of tokens on 125 chains
- Available on mobile app and desktop
- In-app exchange and staking alternatives
- Automatically hides IP addresses for additional anonymity
Pros
- Supports lots of of property on about 125 blockchains
- One of the oldest crypto wallets with tens of millions of customers
- Compatible with ~ 170 fiat currencies and 25 languages
- High popularity for its 24/7 buyer service
Cons
- Doesn’t offer open-source code or 2FA
- Had a security breach in 2019
- Only helps ERC-721 NFTs
9. Crypto.com DeFi Wallet: Best for Sports & Entertainment NFTs
Crypto.com isn’t the one exchange with an NFT marketplace, however many big names in leisure are completely on this website. Just a few organizations which have dropped NFTs on Crypto.com’s NFT Market embody the UFC, Aston Martin, and Formula 1.
If you’re keen on entertainment-related NFTs, downloading the Crypto.com DeFi wallet might be a good suggestion. Since the Crypto.com chain is comparatively small, the Crypto.com DeFi app is the one place to retailer your NFTs off of its official marketplace. Crypto.com’s DeFi Wallet additionally has compatibility with Ethereum and Cronos NFTs.
Outside of NFTs, Crypto.com Wallet customers can take pleasure in staking advantages, in-app crypto swaps, and storage for lots of of tokens. The design of this app is immaculate, and individuals who have already got a Crypto.com account can immediately join their wallet to the exchange.
People who love what’s taking place within the Crypto.com ecosystem will get essentially the most use out of a Crypto.com Defi wallet.
→ Visit now: www.Crypto.com
Features
- Accepts NFTs from the Crypto.com Chain, Ethereum, and Cronos
- Available on mobile units and as a Chrome browser extension
- Hundreds of tokens accepted
- Buy, swap, and stake crypto in-app
- Connects with Cronos NFT markets like Ebisu’s Bay
Pros
- Simple to retailer and showcase Ethereum, Crypto.com, and Cronos NFTs
- Backed by one of many largest exchanges in crypto
- Extra security features like 2FA and biometric sign-in
- Multiple alternatives for passive income
- Seamless connections with Crypto.com account
Cons
- Wallet can’t be used to buy NFTs exterior of Cronos
- Can’t retailer NFTs from chains like Tezos, Avalanche, or Solana
- If you hyperlink your wallet together with your Crypto.com app, you gained’t take pleasure in whole anonymity.
10. Phantom: Best for Solana NFTs
Solana is arguably the most well liked chain for NFTs moreover Ethereum. In truth, knowledge suggests Solana’s NFT gross sales not too long ago surpassed $1 billion, and some uncommon Solana NFTs have offered for over $1 million a bit.
To date, Phantom is the most well-liked crypto wallet used within the Solana ecosystem. Impressively, it solely took just a few months for Phantom to succeed in roughly 2.1 million downloads and a valuation of over $1 billion.
Why does everybody love Phantom? Three phrases: ease of use. Whether you’re utilizing the browser extension or mobile app, Phantom’s UI is extra intuitive than opponents like MetaMask. Plus, there are rumors Phantom could quickly add multi-chain help.
While Phantom isn’t as battle-tested as different crypto wallets, it has sufficient of a person base to recommend it will likely be a high competitor on this class.
→ Visit now: www.Phantom.app
Features
- Available as desktop extension and mobile app
- Allows you to retailer Solana-based tokens and NFTs
- Allows you to stake SOL tokens on Phantom
- Compatible with well-liked Solana NFT markets like SolSea and Solanart
- Available as desktop extension and mobile app
Pros
- Most accessible wallet on the Solana blockchain
- Has an enormous person base and influential supporters
- Stake SOL for passive income
- Compatible with a Ledger {hardware} machine
Cons
- Still a comparatively new and untested crypto wallet
- Not multi-chain appropriate
Types of NFT Wallets
All of the NFT wallets detailed above are non-custodial, which can get you questioning, “What is a custodial NFT wallet?” Even should you’re not occupied with transferring NFTs off of a marketplace, you need to know the variations between these storage choices.
Custodial NFT Wallets
Custodial NFT wallets at all times embody a 3rd get together. In different phrases, you gained’t hold the private keys to your NFTs. Even although you technically “own” an NFT on a custodial wallet, it’s not totally in your management. There’s at all times a risk the third-party supplier may lose its private keys, go bankrupt, or get hacked.
On the flipside, some custodial companies offer insurance coverage safety to clients. For instance, Nexo permits customers to deposit blue-chip NFTs as collateral for crypto-backed loans. Nexo additionally holds $375 million in insurance coverage with Ledger and BitGo. While this may occasionally make you’re feeling higher, please keep in mind that the FDIC doesn’t insure NFTs.
Non-Custodial NFT Wallets
Non-custodial NFT wallets present customers with a unique set of private & public keys. The private keys are most important as they provide you full possession over your NFTs. Once an NFT is in your private wallet, solely you may have entry to it — except somebody is aware of your seed phrase!
Non-custodial crypto wallets give customers full management over their NFTs, in order that they require extra duty. You can’t entrust a corporation to look over your crypto, present insurance coverage, or reply to buyer service calls. With these wallets, you might want to be additional vigilant about storing your seed phrase and passcodes.
Also, please bear in mind there are two styles of non-custodial crypto wallets: hot and cold. You can study extra about these crypto storage choices in our earlier put up, “Hot Wallets vs. Cold Wallets.”
What to Look for in an NFT Wallet
Some NFT wallets are remarkably related, however no two choices are similar. Here are just a few features to bear in mind when trying to find the perfect NFT storage option.
Security Features
It wouldn’t make sense to switch an NFT off of a market should you thought it will be much less secure. The entire level of transferring NFTs to a private wallet is to guard them from potential hacks or account freezes. Therefore, you need to review your crypto wallet’s monitor report and security-focused features.
For the max security, go along with an NFT wallet appropriate with a trusted {hardware} machine like Ledger or Trezor. By connecting your NFTs with a {hardware} wallet, you’ll considerably cut back the percentages of a cyberattack.
Other features to look out for embody 2FA and biometric log-in. While not important, these bonus choices will take security to a different degree.
Privacy Features
Most NFT wallets promise to protect your privateness, however how may you already know for positive? Well, you might see whether or not they used anonymized instruments to make it inconceivable to hyperlink your wallet to your IP address. You must also review the sorts of encryption your wallet makes use of and whether or not they have open-source code.
If you’re additional involved with privateness, it’s possible you’ll need to keep away from linking your exchange account with a appropriate wallet (e.g., Coinbase with Coinbase Wallet). While these features are handy, they’ll make it straightforward for third events to trace your crypto exercise.
Token Support
Nowadays, most “NFT wallets” are synonymous with “Ethereum wallets.” Despite Ethereum’s high gas charges, the majority of NFT trading occurs on markets like OpenSea, Rarible, and Nifty Gateway.
However, you need to by no means assume an NFT wallet will help your most popular blockchain — even when that’s Ethereum. Always have a look at the precise NFT token addresses your wallet will deal with and see in the event that they match the NFTs you hold.
Exchange Compatibility
Just a few crypto wallets just like the Coinbase Wallet offer seamless reference to a centralized exchange. So, should you’re already on platforms like Coinbase, it may make transferring crypto and NFTs extra easy. However, some folks don’t like that their accounts’ KYC data can be linked to their non-custodial wallet.
User Experience & Interface
You shouldn’t must learn a ton of Medium guides to know the fundamentals of your new NFT wallet. Sure, there can be a slight studying curve, however nice NFT wallets ought to have an intuitive interface. Be positive to observe movies that spotlight the person experience of varied NFT wallets to see which design you favor.
Multi-Device Support
Most NFT wallets offer a mobile app and browser extension, however not all! For occasion, Trust Wallet is just obtainable as a mobile app. That could not section you should you don’t thoughts doing all of your NFT trading in your phone. However, should you want each a browser extension and a smartphone app, ensure your NFT wallet gives multi-device help.
Cross-Chain Support
Ethereum stands out as the king of NFTs, but it surely’s not the one sensible contract platform. Many NFT collectors love occurring chains like Solana, Flow, and Tezos to reap the benefits of low gas charges. If you’re into dabbling on numerous chains, then it could be higher to discover a crypto wallet with multi-chain performance.
Customer Support
Non-custodial wallets don’t have buyer service like a centralized crypto exchange. Remember: Your private keys are your duty. If you don’t care for your seed phrase, there’s an excellent probability your treasured CryptoPunks can be gone ceaselessly.
However, most crypto wallets offer assist desks and ticketed help. Plus, when you’ve got a crypto wallet related to an exchange (e.g., Coinbase or Crypto.com), you might reap the benefits of every firm’s buyer care division.
Fees & Transaction Limits
Not each crypto wallet is fee-free. It’s not exceptional for crypto wallets to cost service charges for withdrawals, so ensure you already know the going charges to your NFTs and favourite cryptos earlier than signing up. Also, please review the prices related to in-app actions like staking, swapping, and shopping for crypto.
While you’re reviewing your wallet’s charges, see if there are any minimal or most thresholds to your favourite crypto tokens to make sure they meet your wants.
FAQs on the Best NFT Wallets
Do you continue to have questions on storing NFTs in a private wallet? If so, listed here are just a few FAQs to clear up some frequent NFT-related issues.
What Are NFT Wallets?
NFT wallets are merely cryptocurrency wallets that help non-fungible tokens. So, whereas each NFT wallet is a crypto wallet, not each crypto wallet shops NFTs. If your crypto wallet has NFT compatibility, then it offers you private and public keys to ship and secure your NFTs on the blockchain. Nowadays, yow will discover NFT-compatible {hardware} or software wallets for a lot of totally different blockchains.
How Do NFT Wallets Work?
Since NFTs are cryptocurrencies, sending and storing these tokens works equally to every other cryptocurrency. When you download an NFT-compatible crypto wallet, you need to see a public address for numerous NFTs (e.g., ERC-721, Crypto.com Chain, Solana). Copy the NFT blockchain address that matches the NFT you need to ship and paste it into the account you want to withdraw your NFT. If the transaction is profitable, you need to see the NFT seem in your private wallet.
For extra detailed data on transferring NFTs, please learn by means of our complete NFT Masterclass put up.
Which Wallet Is Best for NFTs?
The “best” crypto wallet for NFTs is determined by what blockchains you utilize, your security preferences, and your preferrred user interface. Please perceive your NFT trading strategy and see if it matches the features in well-liked NFT wallets. After reviewing the key features on just a few crypto wallets, you need to get a way of which of them will suit your NFT accumulating objectives.
Also, don’t overlook you can download multiple software wallets without spending a dime to reap the benefits of totally different features. Just preserve all your private keys well-organized and locked in a secure place.
Why Do I Need an NFT Wallet?
Nobody wants to retailer NFTs in a private crypto wallet, however many choose to take action for additional security. It’s extra probably a hacker would need to steal a bunch of digital collectibles on an NFT market slightly than break right into a random private wallet. So, should you plan on holding an NFT for a long time, you’ll cut back the percentages of dropping it by storing it in a private wallet.
Are NFT Wallets Safe?
Many highly-rated crypto wallets help NFTs. However, that doesn’t imply each crypto wallet is secure. Before downloading it, you need to review the monitor report and safety features in your most popular crypto wallet.
Also, please keep in mind that high-quality {hardware} wallets are extra secure than software wallets. Cold storage units preserve your private keys offline, considerably lowering the risk of a cyberattack.
Can You Store NFTs in a Wallet?
If NFTs continue to dominate the crypto headlines, there could come a time when each crypto wallet has NFT performance. However, at this level, you shouldn’t assume crypto wallets at all times have NFT compatibility. Plus, even when your wallet says it accepts NFTs, it could not retailer the tokens in your most popular blockchain.
Please review what NFTs a wallet supplier accepts earlier than downloading an app. For occasion, you can not ship an ERC-721 NFT to a Tezos NFT address. Ensure your crypto wallet is appropriate with the precise NFT you need to ship.
How Do I Get an NFT Wallet?
To download a software NFT wallet, merely go to the wallet’s official address and click on “Download.” You may additionally discover many NFT wallets on the App Store and Google Play retailer. To arrange your NFT wallet, you’ll want to write down the key seed phrase and create a password.
Just be additional cautious you don’t misspell the title of the wallet you need on Google. Unfortunately, many scammers put out phony apps that look just like well-liked wallets like MetaMask. Always triple-check that the wallet you’re downloading is from the official website and that you just didn’t make a typo within the area title.
For those that need to retailer their NFTs in a {hardware} wallet, you’ll must buy a tool like Trezor or Ledger and plug it into your pc to set it up. Please at all times buy {hardware} units straight from the producer to keep away from getting a corrupted wallet.
If you had been to buy an costly portray, chances are high you’d need to retailer it in a secure fireproof secure. The similar could possibly be stated about many NFT collectibles. Sure, a Bored Ape isn’t a Botticelli, however many blue-chip NFTs are insanely priceless. Since NFTs reside on the blockchain, you’ll want a digital solution to retailer these unique tokens.
Luckily for NFT collectors, many crypto wallets now have NFT integrations. Using one of many following NFT wallets could make it far tougher for hackers to steal your favourite digital artworks.
Best NFT Wallets
NFT wallets come in numerous shapes and types, and so they all have their unique benefits and drawbacks.
1. Coinbase Wallet: Best All-Around NFT Wallet
Most Americans have heard of the Coinbase exchange, however not everyone seems to be accustomed to Coinbase’s non-custodial crypto wallet. Indeed, it’s frequent for brand new Coinbase customers to confuse the Coinbase Wallet app with their common Coinbase account.
“Coinbase Wallet” is a free multi-chain crypto wallet obtainable as a browser extension and mobile app. Although the Coinbase Wallet connects with the Coinbase exchange, you don’t want a Coinbase account to make use of it. NFT collectors who download the Coinbase Wallet may simply retailer and showcase NFTs and buy new digital collectibles from websites like OpenSea and (in fact) the Coinbase NFT Market.
The Coinbase Wallet additionally has glorious safety features like fingerprint sign-in and backup cloud storage to your seed phrase. You may additionally create a memorable title to your public keys slightly than copying a long string of random symbols.
Although some folks have points with this wallet’s connection to a centralized exchange, it’s arguably the perfect all-around app for NFT storage and trading — particularly for beginners. Read our full Coinbase review to study extra.
→ Visit now: www.Coinbase.com
Key Features
- Available as a browser extension or on iOS and Android telephones
- Offers help for multiple blockchains, tokens, and NFTs
- Accepted on most NFT markets, particularly on Ethereum
- Fingerprint sign-in and cloud-hosted backup seed phrase obtainable
- Allows you to stake quite a few tokens straight in your Coinbase Wallet
Pros
- Multi-chain help and intuitive design
- Easy to retailer and think about your NFTs
- High-security requirements and nice buyer help
- Seamlessly connects together with your Coinbase account and Coinbase NFT
Cons
- Some customers aren’t snug with “Coinbase centralization risk.”
- It isn’t the only option for purchasing NFTs on smaller non-EVM chains.
2. Enjin: Best for NFT Gamers & Game Developers
The Singapore-based firm Enjin has turn out to be a dominant drive within the rising blockchain gaming neighborhood. Not solely does Enjin have many thrilling NFT-enabled video games like “Age of Rust,” but it surely additionally makes it straightforward for recreation builders to mint ERC-1155 NFTs with out prior coding experience.
Since NFTs are central to Enjin’s business, its crypto wallet focuses on storing, showcasing, and swapping NFTs, particularly gaming-related NFTs objects. Enjin’s wallet additionally connects with its NFT marketplace for straightforward trading. Anyone all for play-to-earn video games ought to try the modern features on the Enjin wallet.
→ Visit now: www.Enjin.io
Key Features
- Seamless integrations with Enjin’s NFT Market, video games, and growth portal
- An limitless number of wallets for numerous functions
- Ability to swap crypto property in-app with Kyber, Bancor, or Changelly
- Connection with Trezor or Ledger {hardware} wallet
- Ability to “Melt” NFTs to extract ENJ tokens
Pros
- Has a long monitor report within the blockchain gaming sector
- Offers recreation builders a simple solution to create NFTs
- Offers infinite wallets for investments, gaming, or different functions
- Presents a clear & easy user-interface
- Uses fingerprint scanning for secure sign-in
Cons
- Primarily focused on ERC-1155 NFTs
- Doesn’t offer many integrations with Ethereum opponents
- Doesn’t offer just a few Enjin Wallet 2.0 features aren’t obtainable on iOS
3. MetaMask: Best for Active DeFi & NFT Traders
MetaMask has turn out to be the default browser extension wallet for a lot of NFT followers. Developed by ConsenSys in 2016, this well-liked Ethereum crypto wallet has been downloaded no less than 3 million occasions, and it’s now obtainable as a desktop and mobile wallet.
Even although MetaMask’s structure could take some getting used to, it’s essentially the most extensively accepted wallet on Ethereum. All of the most well liked NFT markets (e.g., OpenSea, Rarible, and Nifty Gateway) strongly suggest utilizing MetaMask. Plus, MetaMask now gives entry to NFT websites on Polygon, the Binance Smart Chain, and Avalanche.
Since MetaMask is the most well-liked NFT wallet, it’s susceptible to phishing assaults and scams. If you download a MetaMask wallet, please verify their official social media feeds for phishing alerts. Also, by no means give your seed phrase to anybody who claims they’re from MetaMask’s help employees.
→ Visit now: www.MetaMask.io
Features
- Available on smartphones and as a desktop browser extension
- Instantly connects with the highest NFT markets, together with OpenSea
- Holds numerous ERC-20, ERC-721, and ERC-1155 tokens
- Option to buy Ethereum straight by means of MetaMask
Pros
- Accepted on nearly each Ethereum-based dApp
- Has the most important person base and big supporters
- Works on Binance Smart Chain, Avalanche, and Polygon
- Enhanced security with Ledger {hardware} connection
Cons
- Not essentially the most beginner-friendly user interface
- Prone to phishing assaults
- Not straightforward to view or showcase your NFTs
4. AlphaWallet: Best for People Who Want Full Transparency
AlphaWallet is an app-based crypto wallet that’s important constructive is its transparency. Although AlphaWallet isn’t the most important NFT crypto wallet, it has a completely open-source code. The AlphaWallet group goes out of its method to supply security by integrating with Secure Enclave and partnering with big crypto firms like Circle, Maker, and Coinbase.
The interface on AlphaWallet can be clear and easy to make use of for storing NFTs. The AlphaWallet group now claims to help 32 networks, and it has experience efficiently minting NFTs for the large occasions just like the FIFA 2018 World Cup.
All in all, AlphaWallet is without doubt one of the finest picks for patrons who put a high precedence on safety and transparency.
→ Visit now: www.AlphaWallet.com
Features
- Ability to retailer numerous ETH-based NFTs, together with ENS domains
- Works with TokenScript
- Supports over 30 networks
- Open-source code
- Secure Enclave for additional security
Pros
- Open-source code for full transparency
- Advanced encryption with Secure Enclave
- Professional experience minting NFTs for the 2018 FIFA World Cup
- Easy-to-use interface
- Partnerships with highly effective crypto firms like Coinbase and Circle
Cons
- No desktop browser-based extension
- Focused on Ethereum NFTs
- Not as well-known or built-in as different crypto wallets
5. Trust Wallet: Best NFT Wallet for Beginners & BSC Fans
Trust Wallet shares many similarities with the Coinbase Wallet. Many crypto pros suggest these apps to beginners as a result of they’re large, secure, and easy to make use of. These crypto wallets additionally benefit from the backing of large exchanges. In Trust Wallet’s case, you’ll benefit from the safety of Binance, which is now the world’s main crypto exchange.
Since Binance owns Trust Wallet, it’s straightforward to make use of this app to retailer and work together with NFT websites on the Binance Smart Chain. However, Trust Wallet additionally works nicely on Ethereum NFT dApps like OpenSea.
Aside from NFTs, Trust Wallet helps about a million digital property throughout lots of of chains. There are additionally many Earn features the place you might stake your wallet’s tokens for curiosity.
So, should you don’t thoughts storing your crypto and NFTs on a mobile machine, Trust Wallet could also be a sensible choice for you.
→ Visit now: www.TrustWallet.com
Features
- Available on iOS and Android mobile units
- Store and showcase ERC-721, ERC-1155, BEP-721, and BEP-1155 NFTs
- Compatible with roughly a million digital property
- dApp browser for Ethereum and Binance Smart Chain
- Has Staking and Earn features
Pros
- Clean & easy UI
- Tons of appropriate altcoins and NFTs
- Enjoys the backing of the world’s largest crypto exchange
- In-app staking is obtainable for multiple tokens
Cons
- Only obtainable as a mobile app
- Not so simple as different wallets for DeFi or NFT trading
6. Kukai: Best Wallet for Tezos NFTs
The Tezos blockchain isn’t as large as Ethereum, but it surely has made large information within the NFT business. Tezos’ Objkt NFT market is gaining momentum, and large manufacturers like Gap, Papa John’s, and Red Bull are providing digital collectibles on Tezos. Many firms and NFT followers love how Tezos is eco-friendly and doesn’t have high gas charges.
If you’re all for accumulating Tezos NFTs, the Kukai app is an impressive alternative. This secure wallet is easy to arrange and use on Tezos websites like Objkt, Hic et Nunc, and Tezotopia. You may additionally stake XTZ on the Kukai app for passive income. Please take into account linking your Kukai wallet with a Ledger {hardware} machine for additional security.
→ Visit now: www.Kukai.app
Features
- Ability to retailer Tezos NFTs and XTZ tokens
- Staking and baking for XTZ can be found in-app
- Connects with Tezos video games and NFT markets like Objkt
- Optional reference to Ledger {hardware} wallet
Pros
- Seamless integration with Tezos dApps
- In-app XTZ staking for passive income
- Low gas charges on Tezos versus Ethereum
- Easy-to-understand interface
Cons
- Only integrates with Tezos blockchain
- No mobile app
- Less focused on iOS units
7. Math Wallet: Best for Multi-Chain Support
Interestingly, Math Wallet‘s founder Eric Yu is a huge name in Chinese healthcare. In addition to developing the Math Wallet app, Yu serves as the CTO at the large health services company Zhongtopia. Although combining the health care and crypto industries may seem odd, Math Wallet offers a great cross-chain crypto storage and trading experience.
Indeed, one of Math Wallet’s high positives is its multi-chain help. People who download the Math Wallet achieve entry to tokens and dApps on about 100 blockchains. So, should you like exploring NFTs on numerous chains, the Math Wallet gives an all-in-one experience. As a bonus, you might use the Math Wallet to generate passive income with staking alternatives and rewards for holding the native MATH token.
Keep in thoughts that the present model of Math Wallet’s NFT Wallet is just obtainable for Android and Chrome customers.
→ Visit now: www.MathWallet.org
Features
- Available in mobile, desktop, and web-based setup
- Multi-chain help
- Connects with Ledger and WOOKONG Bio {hardware} wallets
- Offers MathGasoline app to trace gas charges throughout blockchains
Pros
- Compatible with digital property and dApps on 100+ blockchains
- Staking alternatives for dozens of cryptocurrencies, together with MATH tokens
- Has over a million customers and large companions like Binance Labs
- Connects with Ledger for offline storage
Cons
- Features could also be overwhelming for beginners
- NFT wallet is presently solely obtainable on Chrome and Android
8. Coinomi: Best Wallet for Customer Support
With a history courting again to 2014, Coinomi is without doubt one of the oldest crypto wallets that provides multi-chain help. Even although Coinomi suffered a security glitch in 2019, it has remained a well-liked alternative with many crypto buyers. In truth, Coinomi has one of many highest rankings on TrustPilot for its 24/7 ticketed help. Therefore, customers who need the peace of mind of a responsive group could have the perfect odds of success with Coinomi.
NFT followers can now use Coinomi’s desktop and mobile apps to retailer ERC-721 tokens. People who download Coinomi’s app additionally get entry to many features, together with an in-app exchange, staking rewards, and zero-fee transactions.
→ Visit now: www.Coinomi.com
Features
- Store well-liked ERC-721 NFTs
- Works with tons of tokens on 125 chains
- Available on mobile app and desktop
- In-app exchange and staking alternatives
- Automatically hides IP addresses for additional anonymity
Pros
- Supports lots of of property on about 125 blockchains
- One of the oldest crypto wallets with tens of millions of customers
- Compatible with ~ 170 fiat currencies and 25 languages
- High popularity for its 24/7 buyer service
Cons
- Doesn’t offer open-source code or 2FA
- Had a security breach in 2019
- Only helps ERC-721 NFTs
9. Crypto.com DeFi Wallet: Best for Sports & Entertainment NFTs
Crypto.com isn’t the one exchange with an NFT marketplace, however many big names in leisure are completely on this website. Just a few organizations which have dropped NFTs on Crypto.com’s NFT Market embody the UFC, Aston Martin, and Formula 1.
If you’re keen on entertainment-related NFTs, downloading the Crypto.com DeFi wallet might be a good suggestion. Since the Crypto.com chain is comparatively small, the Crypto.com DeFi app is the one place to retailer your NFTs off of its official marketplace. Crypto.com’s DeFi Wallet additionally has compatibility with Ethereum and Cronos NFTs.
Outside of NFTs, Crypto.com Wallet customers can take pleasure in staking advantages, in-app crypto swaps, and storage for lots of of tokens. The design of this app is immaculate, and individuals who have already got a Crypto.com account can immediately join their wallet to the exchange.
People who love what’s taking place within the Crypto.com ecosystem will get essentially the most use out of a Crypto.com Defi wallet.
→ Visit now: www.Crypto.com
Features
- Accepts NFTs from the Crypto.com Chain, Ethereum, and Cronos
- Available on mobile units and as a Chrome browser extension
- Hundreds of tokens accepted
- Buy, swap, and stake crypto in-app
- Connects with Cronos NFT markets like Ebisu’s Bay
Pros
- Simple to retailer and showcase Ethereum, Crypto.com, and Cronos NFTs
- Backed by one of many largest exchanges in crypto
- Extra security features like 2FA and biometric sign-in
- Multiple alternatives for passive income
- Seamless connections with Crypto.com account
Cons
- Wallet can’t be used to buy NFTs exterior of Cronos
- Can’t retailer NFTs from chains like Tezos, Avalanche, or Solana
- If you hyperlink your wallet together with your Crypto.com app, you gained’t take pleasure in whole anonymity.
10. Phantom: Best for Solana NFTs
Solana is arguably the most well liked chain for NFTs moreover Ethereum. In truth, knowledge suggests Solana’s NFT gross sales not too long ago surpassed $1 billion, and some uncommon Solana NFTs have offered for over $1 million a bit.
To date, Phantom is the most well-liked crypto wallet used within the Solana ecosystem. Impressively, it solely took just a few months for Phantom to succeed in roughly 2.1 million downloads and a valuation of over $1 billion.
Why does everybody love Phantom? Three phrases: ease of use. Whether you’re utilizing the browser extension or mobile app, Phantom’s UI is extra intuitive than opponents like MetaMask. Plus, there are rumors Phantom could quickly add multi-chain help.
While Phantom isn’t as battle-tested as different crypto wallets, it has sufficient of a person base to recommend it will likely be a high competitor on this class.
→ Visit now: www.Phantom.app
Features
- Available as desktop extension and mobile app
- Allows you to retailer Solana-based tokens and NFTs
- Allows you to stake SOL tokens on Phantom
- Compatible with well-liked Solana NFT markets like SolSea and Solanart
- Available as desktop extension and mobile app
Pros
- Most accessible wallet on the Solana blockchain
- Has an enormous person base and influential supporters
- Stake SOL for passive income
- Compatible with a Ledger {hardware} machine
Cons
- Still a comparatively new and untested crypto wallet
- Not multi-chain appropriate
Types of NFT Wallets
All of the NFT wallets detailed above are non-custodial, which can get you questioning, “What is a custodial NFT wallet?” Even should you’re not occupied with transferring NFTs off of a marketplace, you need to know the variations between these storage choices.
Custodial NFT Wallets
Custodial NFT wallets at all times embody a 3rd get together. In different phrases, you gained’t hold the private keys to your NFTs. Even although you technically “own” an NFT on a custodial wallet, it’s not totally in your management. There’s at all times a risk the third-party supplier may lose its private keys, go bankrupt, or get hacked.
On the flipside, some custodial companies offer insurance coverage safety to clients. For instance, Nexo permits customers to deposit blue-chip NFTs as collateral for crypto-backed loans. Nexo additionally holds $375 million in insurance coverage with Ledger and BitGo. While this may occasionally make you’re feeling higher, please keep in mind that the FDIC doesn’t insure NFTs.
Non-Custodial NFT Wallets
Non-custodial NFT wallets present customers with a unique set of private & public keys. The private keys are most important as they provide you full possession over your NFTs. Once an NFT is in your private wallet, solely you may have entry to it — except somebody is aware of your seed phrase!
Non-custodial crypto wallets give customers full management over their NFTs, in order that they require extra duty. You can’t entrust a corporation to look over your crypto, present insurance coverage, or reply to buyer service calls. With these wallets, you might want to be additional vigilant about storing your seed phrase and passcodes.
Also, please bear in mind there are two styles of non-custodial crypto wallets: hot and cold. You can study extra about these crypto storage choices in our earlier put up, “Hot Wallets vs. Cold Wallets.”
What to Look for in an NFT Wallet
Some NFT wallets are remarkably related, however no two choices are similar. Here are just a few features to bear in mind when trying to find the perfect NFT storage option.
Security Features
It wouldn’t make sense to switch an NFT off of a market should you thought it will be much less secure. The entire level of transferring NFTs to a private wallet is to guard them from potential hacks or account freezes. Therefore, you need to review your crypto wallet’s monitor report and security-focused features.
For the max security, go along with an NFT wallet appropriate with a trusted {hardware} machine like Ledger or Trezor. By connecting your NFTs with a {hardware} wallet, you’ll considerably cut back the percentages of a cyberattack.
Other features to look out for embody 2FA and biometric log-in. While not important, these bonus choices will take security to a different degree.
Privacy Features
Most NFT wallets promise to protect your privateness, however how may you already know for positive? Well, you might see whether or not they used anonymized instruments to make it inconceivable to hyperlink your wallet to your IP address. You must also review the sorts of encryption your wallet makes use of and whether or not they have open-source code.
If you’re additional involved with privateness, it’s possible you’ll need to keep away from linking your exchange account with a appropriate wallet (e.g., Coinbase with Coinbase Wallet). While these features are handy, they’ll make it straightforward for third events to trace your crypto exercise.
Token Support
Nowadays, most “NFT wallets” are synonymous with “Ethereum wallets.” Despite Ethereum’s high gas charges, the majority of NFT trading occurs on markets like OpenSea, Rarible, and Nifty Gateway.
However, you need to by no means assume an NFT wallet will help your most popular blockchain — even when that’s Ethereum. Always have a look at the precise NFT token addresses your wallet will deal with and see in the event that they match the NFTs you hold.
Exchange Compatibility
Just a few crypto wallets just like the Coinbase Wallet offer seamless reference to a centralized exchange. So, should you’re already on platforms like Coinbase, it may make transferring crypto and NFTs extra easy. However, some folks don’t like that their accounts’ KYC data can be linked to their non-custodial wallet.
User Experience & Interface
You shouldn’t must learn a ton of Medium guides to know the fundamentals of your new NFT wallet. Sure, there can be a slight studying curve, however nice NFT wallets ought to have an intuitive interface. Be positive to observe movies that spotlight the person experience of varied NFT wallets to see which design you favor.
Multi-Device Support
Most NFT wallets offer a mobile app and browser extension, however not all! For occasion, Trust Wallet is just obtainable as a mobile app. That could not section you should you don’t thoughts doing all of your NFT trading in your phone. However, should you want each a browser extension and a smartphone app, ensure your NFT wallet gives multi-device help.
Cross-Chain Support
Ethereum stands out as the king of NFTs, but it surely’s not the one sensible contract platform. Many NFT collectors love occurring chains like Solana, Flow, and Tezos to reap the benefits of low gas charges. If you’re into dabbling on numerous chains, then it could be higher to discover a crypto wallet with multi-chain performance.
Customer Support
Non-custodial wallets don’t have buyer service like a centralized crypto exchange. Remember: Your private keys are your duty. If you don’t care for your seed phrase, there’s an excellent probability your treasured CryptoPunks can be gone ceaselessly.
However, most crypto wallets offer assist desks and ticketed help. Plus, when you’ve got a crypto wallet related to an exchange (e.g., Coinbase or Crypto.com), you might reap the benefits of every firm’s buyer care division.
Fees & Transaction Limits
Not each crypto wallet is fee-free. It’s not exceptional for crypto wallets to cost service charges for withdrawals, so ensure you already know the going charges to your NFTs and favourite cryptos earlier than signing up. Also, please review the prices related to in-app actions like staking, swapping, and shopping for crypto.
While you’re reviewing your wallet’s charges, see if there are any minimal or most thresholds to your favourite crypto tokens to make sure they meet your wants.
FAQs on the Best NFT Wallets
Do you continue to have questions on storing NFTs in a private wallet? If so, listed here are just a few FAQs to clear up some frequent NFT-related issues.
What Are NFT Wallets?
NFT wallets are merely cryptocurrency wallets that help non-fungible tokens. So, whereas each NFT wallet is a crypto wallet, not each crypto wallet shops NFTs. If your crypto wallet has NFT compatibility, then it offers you private and public keys to ship and secure your NFTs on the blockchain. Nowadays, yow will discover NFT-compatible {hardware} or software wallets for a lot of totally different blockchains.
How Do NFT Wallets Work?
Since NFTs are cryptocurrencies, sending and storing these tokens works equally to every other cryptocurrency. When you download an NFT-compatible crypto wallet, you need to see a public address for numerous NFTs (e.g., ERC-721, Crypto.com Chain, Solana). Copy the NFT blockchain address that matches the NFT you need to ship and paste it into the account you want to withdraw your NFT. If the transaction is profitable, you need to see the NFT seem in your private wallet.
For extra detailed data on transferring NFTs, please learn by means of our complete NFT Masterclass put up.
Which Wallet Is Best for NFTs?
The “best” crypto wallet for NFTs is determined by what blockchains you utilize, your security preferences, and your preferrred user interface. Please perceive your NFT trading strategy and see if it matches the features in well-liked NFT wallets. After reviewing the key features on just a few crypto wallets, you need to get a way of which of them will suit your NFT accumulating objectives.
Also, don’t overlook you can download multiple software wallets without spending a dime to reap the benefits of totally different features. Just preserve all your private keys well-organized and locked in a secure place.
Why Do I Need an NFT Wallet?
Nobody wants to retailer NFTs in a private crypto wallet, however many choose to take action for additional security. It’s extra probably a hacker would need to steal a bunch of digital collectibles on an NFT market slightly than break right into a random private wallet. So, should you plan on holding an NFT for a long time, you’ll cut back the percentages of dropping it by storing it in a private wallet.
Are NFT Wallets Safe?
Many highly-rated crypto wallets help NFTs. However, that doesn’t imply each crypto wallet is secure. Before downloading it, you need to review the monitor report and safety features in your most popular crypto wallet.
Also, please keep in mind that high-quality {hardware} wallets are extra secure than software wallets. Cold storage units preserve your private keys offline, considerably lowering the risk of a cyberattack.
Can You Store NFTs in a Wallet?
If NFTs continue to dominate the crypto headlines, there could come a time when each crypto wallet has NFT performance. However, at this level, you shouldn’t assume crypto wallets at all times have NFT compatibility. Plus, even when your wallet says it accepts NFTs, it could not retailer the tokens in your most popular blockchain.
Please review what NFTs a wallet supplier accepts earlier than downloading an app. For occasion, you can not ship an ERC-721 NFT to a Tezos NFT address. Ensure your crypto wallet is appropriate with the precise NFT you need to ship.
How Do I Get an NFT Wallet?
To download a software NFT wallet, merely go to the wallet’s official address and click on “Download.” You may additionally discover many NFT wallets on the App Store and Google Play retailer. To arrange your NFT wallet, you’ll want to write down the key seed phrase and create a password.
Just be additional cautious you don’t misspell the title of the wallet you need on Google. Unfortunately, many scammers put out phony apps that look just like well-liked wallets like MetaMask. Always triple-check that the wallet you’re downloading is from the official website and that you just didn’t make a typo within the area title.
For those that need to retailer their NFTs in a {hardware} wallet, you’ll must buy a tool like Trezor or Ledger and plug it into your pc to set it up. Please at all times buy {hardware} units straight from the producer to keep away from getting a corrupted wallet.
