NFT Wallets
If you are confused about what an NFT wallet is, look no further! This article will settle any doubts you have about this topic. NFT stands for Non-Fungible Token and it is basically a unique and non-interchangeable unit of data that is stored on a blockchain
An NFT wallet is essentially a digital, or hardware, wallet that supports the blockchain protocol that NFTs are built on. NFTs can be built on various blockchains, but the most known blockchains for NFTs are Ethereum, Solana & Polygon. The fact that NFTs can be built on several blockchains means that you will need to purchase a wallet that is compatible with said blockchain. For that reason, we have compiled a list of what to look for in a wallet, and a list of the most popular wallets.
If you are confused about what an NFT wallet is, look no further! This article will settle any doubts you have about this topic. NFT stands for Non-Fungible Token and it is basically a unique and non-interchangeable unit of data that is stored on a blockchain.
An NFT wallet is essentially a digital (or hardware) wallet that supports the blockchain protocol that NFTs are built on. NFTs can be built on various blockchains, but the most known blockchains for NFTs are Ethereum, Solana & Polygon. The fact that NFTs can be built on several blockchains means that you will need to purchase a wallet that is compatible with said blockchain. For that reason, we have compiled a list of what to look for in a wallet and a list of the most popular wallets.
How To Choose a Wallet?
Choosing which wallet is best for you may be slightly difficult due to the abundance in choice, therefore we have compiled a list of attributes to think about in your purchasing process.
- Compatibility with the NFT marketplaces & blockchains you are buying from
- Security protocols
- Ease of use
- Ability to use across multiple devices
- Multi-chain support – wallet compatible with as many chains (phone, desktop or google chrome extension) to give you easy access to your NFTs
Top 3 NFT wallets
- Metamask
Metamask wallet is the most used digital wallet and is available as an extension or mobile application. Metamask provides a simple and secure way to connect to Ethereum blockchain applications. As the majority of NFTs run on the Ethereum network, this is considered to be the best or most widely used wallet. On top of this, you can add an extra layer of security by connecting your Metamask to a hardware wallet, such as Ledger or Trezor.
- Trust
Considered to be the best wallet for those collecting NFTs from various chains. The application is available for Android and iOS and is supported by Binance. Its benefit is that it lets you store across various blockchains that have lower gas fees than the Ethereum network.
- Math
The Math wallet is considered to be a versatile wallet because it is compatible with 70+ blockchains. It can be used as a chrome expansion, phone app or desktop programme. If you are looking to purchase NFTs on various blockchains, as well as creating your own NFTs, this may be the best wallet.
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