If you’re investing in the Non-Fungible Tokens (NFT) world, learning the best wallets to hold NFTs is a must.
The process of buying NFTs is easy to understand. However, steps and a sound decision-making process are required to choose the right place to store your tokens.
We have gathered some aspects to consider when choosing a Non-Fungible Token wallet and the best wallets you can use to hold your digital assets.
What to Consider When Choosing an NFT Wallet?
NFT wallets are necessary tools when you invest in crypto or NFTs. They are responsible for holding your digital assets in one central place, keeping them safe, and facilitating your operations through an easy-to-use interface.
In other words, it is a safe way to buy, sell, swap, and manage your NFTs.
However, it’s necessary to analyze some essential factors before choosing the best wallet to hold NFTs to ensure you get the most suitable wallet for your current strategy and goals.
So, take a look at some things to consider in your search!
Look for safety
Safety is a crucial factor when choosing an NFT wallet. A robust security platform will guarantee your digital assets are protected and be less prone to face online attacks or scams that might threaten your NFTs or other cryptos.
So, look for platforms that will offer you that extra layer of protection.
Choose a User-Friendly Wallet
For new users, cryptocurrency, in general, can be complicated since it involves some technical knowledge about finances and technology, especially in the context of web3 and blockchain.
That is why picking a platform with a user-friendly interface is ideal for helping you navigate more intuitively and faster and learn the features you can use to manage your NFTs.
Pick a Wallet that Works on Many Devices
Another aspect to consider is picking a wallet that supports many devices, like desktops or smartphones.
This will help you operate your NFTs more efficiently since you can synchronize operations, and you will be able to follow your transactions from any device.
Select a Multi-Chain Wallet
Although the Ethereum blockchain is the most popular blockchain to hold NFTs, a multi-chain platform can be an essential factor to consider in your search if you want to make transactions and hold NFTs on other networks.
The compatibility will allow you to navigate and operate other networks more efficiently.
What is the Best NFT Mobile Wallet?
Now that you know some aspects to consider in your search, take a look at our selection of the best wallets to hold NFTs:
Best overall with multi-chain compatibly and user experience.
Coinbase is considered one of the top platforms to hold digital assets, including NFTs.
Coinbase Wallet supports Ethereum and all EVM-compatible chains such as Polygon, Avalanch C-Chain, Binance Smart Chain and Fantom. Additionally, Solana NFTs are supported through the Coinbase Wallet browser extension.
The platform allows users to buy and sell cryptocurrency, managing their wallets how they want. It operates in a self-custody model, where users have control over their crypto, data, keys, etc.
They offer high security to keep the safety of the operations and allow users to use credit or debit cards to start their NFT collection and keep them safely stored in Coinbase wallet.
In addition, investors can have access to many dApps and use several DeFi liquidity pools.
The platform supports an array of cryptocurrencies available on the market and has also launched a browser extension to facilitate transactions on many devices.
The Coinbase exchange (and wallet) is one of the best ways to get into the crypto investing world, representing a reliable, easy-to-use, and efficient platform.
Best for cross-browser accessibility for people who use mobile and desktop.
MetaMask is an excellent platform to have access to decentralized applications, buy, hold, send and swap tokens.
The platform recently created a mobile app in 2020. But it also offers a browser version that is currently one of the most efficient and safest ways of navigating on Web3 and accessing NFT and other crypto marketplaces on the Ethereum blockchain.
The mobile version allows support for storing NFTs across Ethereum and EVM-compatible chains. The app also allows you to natively view your NFTs in the UI, which is currently unavailable within the browser extension.
Security is another significant aspect of MetaMask. The platform generates keys and passwords on your device, so you can control your data and experience a high level of security in your operations.
It’s easy to get started and use, and it’s indicated for beginners or advanced investors that want to explore several dApps and NFT marketplaces.
3. Trust Wallet
Best wallet for Binance Smart Chain and dApps.
With support for Smartchain (Binance Chain) and Ethereum, Trust Wallet is an NFT wallet that supports multi-chain transactions and allows you to keep your collectibles safe in a unique place.
It is an excellent option if you want to store NFTs across Ethereum and Binance Smartchain in one simple and intuitive wallet that also supports storing assets, staking and in-app dApps.
In addition, the platform has a built-in browser and exchange functionality that allows you to navigate and search for NFTs’ marketplaces and make exchanges in the app (it is a mobile-only platform).
Furthermore, Trust Wallet is a safe and intuitive platform, ideal for beginners in NFT investing.
Best wallet for Polkadot (DOT), Kusama and Ethereum DeFi
With the Enjin wallet, you can create and manage several (infinite, as the website says) wallets to hold and trade your NFTs, keep your savings, or simply track your daily expenses.
The platform works on the Ethereum blockchain and allows you to attach hardware wallets to it, import old wallets, and access and make transactions using your biometric signature, facilitating the process and keeping the safety of your operations.
Regarding NFTs, Enjin has a marketplace where you can collect and trade NFTs, manage them as you want, and claim free NFTs through QR Codes.
Currently, support for NFTs is limited to Ethereum, DOT, and Kusama, but the team plans on expanding to the other popular chains in the future.
In addition, you can use the platform to interact with supported dApps and DeFi swaps through the mobile wallet.
It is a safe, user-friendly platform where you can easily store your NFTs and other digital assets.
Now you’ve learned everything you needed about NFT wallets. Remember to analyze the aspects mentioned before and check the option that most makes sense for you and your investment strategy.
Then, make an assertive choice about the best mobile wallets to hold NFTs and start investing safely!