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Non-fungible tokens, NFTs, have revolutionized the world of blockchains. With these Ethereum-powered assets, users gained access to newer ways of expressing art and collectibles. And like any other digital asset, NFTs are highly valuable. That said, even before you decide to buy an NFT, it’s important to secure it in the right way so that it can be stored safely. This is where NFT wallets come in. In this article, we delve into the top NFT wallets with their features, benefits, and other details to help you choose the right one to store your NFTs. Let’s get started.
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Top 5 NFT Wallets to Securely Store Your NFTs
While there are quite a few options available, some of the best NFT wallets to consider are:
Metamask Wallet
Initially started as a desktop browser plugin on online browsers, MetaMask is now a major crypto wallet for mobiles on the iOS and Android platforms. The best part is that MetaMask’s mobile wallet comes with an extension that lets users store their wallets’ private and public keys. This grants the users an additional layer of security by safely storing their passwords. Launched by ConsenSys, this crypto wallet lets enthusiasts store and use decentralized applications (dApps) and tokens based on Ethereum standards like ERC-20 and ERC-721. Here, ERC-20 are fungible, meaning they can be exchanged or matched against one another. On the flip side, ERC-721 are non-fungible tokens, NFTs, which are unique and characterized by specific attributes. With an easy-to-use interface, it’s highly user-friendly, even for beginners. Further, it comes with a browser that offers useful information on crypto/blockchain market trends while using the app. Besides, MetaMask allows users to deploy and work with Ethereum-based dApps, DeFi, games, and more.
Trust Wallet
Trust Wallet is a decentralized NFT wallet widely used to trade, store, send, receive, and buy digital assets. It’s user-friendly, doesn’t store personal details, and allows access to dApps. While the Trust Wallet serves as an interface between users and their digital assets, it doesn’t hold or control the assets. In addition, this NFT wallet works well on both iOS and Android mobile platforms. The Trust Wallet is particularly useful for safely storing NFTs as it is interoperable across blockchains like Polygon, Ethereum, Binance Smart Chain, and Solana.
Coinbase Wallet
Coinbase is a centralized crypto wallet that’s primarily used to store and trade digital assets like fungible and non-fungible tokens. While it’s not decentralized, it is highly user-friendly and convenient to use. Some special attributes in the Coinbase Wallet make it apt for storing NFTs and other assets. The dApps are easy to access with this wallet. Additionally, while other wallets require a wallet address to transfer assets, this lets users do it just with their usernames. Besides, it offers notifications that let users stay updated on price alerts and other transactions. Coinbase also has a personal cloud feature that keeps user information secure and allows them to maintain a backup of their seed phrase. Finally, the Coinbase Wallet makes fiat currencies easily accessible, thereby letting even novices in the crypto arena get started with trading NFTs instantly. Most importantly, despite being an exchange platform, Coinbase offers a separate wallet to store and trade cryptocurrencies on the platform or in its decentralized wallet. It’s very easy to use the Coinbase NFT Wallet on your mobile. Just swipe the screen to the right side onto the “Collectibles” menu.
Coinomi Wallet
Coinomi Wallet is a very old NFT wallet that supports nearly 125 blockchain ecosystems and a range of cryptocurrencies. Founded in 2014, this non-custodial wallet has maintained its reputation of never being hacked. Equipped with built-in exchanges enabling the instant exchange of various digital assets, the Coinomi Wallet comes with a dApp browser and supports the Web 3.0 ecosystem.
Enjin Wallet
Built on the Ethereum blockchain as a gaming platform, the Enjin Wallet uses the native $ENJ token based on the ERC-20 token standard. The Enjin NFT Wallet supports various dApp games, NFTs, and other apps. The ecosystem includes the Enjin platform, wallet, marketplace, and other software required for game development. Excellent for storing NFTs, the Enjin Wallet allows the development, trading, and monetizing of tokens on the network. However, the wallet operates only on mobile devices and is incompatible with desktops or PCs. In addition, it is extremely user-friendly, easy to navigate, and highly secure to store in-game NFT assets and other collectibles. While it lets users mint NFTs, it also allows them to send NFTs using QR codes.
Wrapping Up
NFTs are a fantastic asset with ample potential. However, you must store them safely and securely. Keep in mind the points outlined in the article and make an informed choice on your NFT wallet. To learn more about this, feel free to contact us here.
