The fact that you are looking for the best NFT wallets means you have invested in NFTs. NFTs (Non-Fungible Tokens) are digital assets that are unique and not interchangeable.
They represent ownership of digital or physical objects like NFT art, real estate, or even baseball cards.
NFTs have exploded in popularity in recent months. The total value locked in NFTs currently stands at $3 billion and is expected to hit 13.6 billion by 2027. This s a compound annual growth rate (CAGR) of 35%.
Now that you have decided to invest in NFTs, you need to find a safe and secure way to store them. This is where NFT wallets come in.
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NFT wallets are similar to cryptocurrency wallets in that they allow you to store, receive, and send your NFTs. However, they also offer additional features like viewing your NFTs, tracking their prices, and even auctioning them off.
Best NFT Wallets
Let’s go over the best NFT wallets in 2023. We will also provide a comprehensive guide on choosing an NFT wallet that is right for you.
1. Metamask
We cannot talk about the best crypto wallet for NFTs without mentioning Metamask. This is because the wallet provides an easy and secure way to buy, store, and manage your NFTs.
Metamask is a non-custodial wallet, meaning you are the only one with access to your private keys. This also means that you are responsible for backing up your seed phrase in a safe place.
The Metamask interface is simple and user-friendly. You can easily view your collection of NFTs and add new ones with just a few clicks.
This wallet connects to the Ethereum network, which is the most popular blockchain for NFTs. It also supports ERC-20 and ERC-1155 tokens. It also connects to other blockchains, including Polygon, Avalanche, BNB, and TRON.
One of the best features of Metamask is that it allows you to easily buy and sell NFTs on popular marketplaces such as OpenSea. It also supports multiple languages, including English, Spanish, French, Chinese, and Russian.
2. Math Wallet
Are you looking for the best wallet for NFT that is both user-friendly and packed with features? Look no further than Math Wallet. This highly-functional multi-currency wallet supports not only NFT but also a host of other digital assets such as BTC, ETH, LTC, and ERC20 tokens. With Math Wallet, you can easily manage your NFT collection as well as keep track of the latest prices and trends in the market.
In addition, Math Wallet provides a safe and secure environment for you to store your NFTs. With industry-leading security features such as multi-factor authentication and a host of other measures, you can rest assured that your collection is well-protected.
You can stake your NFTs in the Math Wallet to earn rewards or use them to participate in a variety of Defi applications. With so many features and benefits, it’s no wonder that Math Wallet is one of the best wallets for NFT in 2023.
3. AlphaWallet
AlphaWallet is another best NFT wallet app that is available for Android and iOS devices. This app allows you to buy, sell, and manage your virtual assets in a secure and convenient way. It supports a wide range of networks, including Binance Smart Chain (BSC), xDai, Heco, ARTIS signma1, Avalanche, Optimistic, Kovan, Rinkeby, and more. With AlphaWallet, you can also easily create and manage your own NFTs.
This wallet is maintained by Web3 engineers. These professionals have years of experience in blockchain development.
This wallet uses TokenScript, which is an open-source technology that allows you to securely and conveniently interact with your NFTs. TokenScript also makes it easy to create custom tokens.
AlphaWallet has a user-friendly interface that makes it easy to use for beginners. It also offers a wide range of features, making it suitable for more advanced users.
4. Trust Wallet
We cannot talk about the best NFT wallets and fail to mention Trust Wallet. This is one of the most popular cryptocurrency wallets with millions of users worldwide. You can use it to store NFTs from a wide range of networks, including Ethereum, Binance Smart Chain, TRON, and more.
In terms of security, Trust Wallet uses a combination of hardware and software security to protect your assets. For instance, it stores your private keys in an isolated environment that is not accessible by the main operating system.
This wallet also allows you to migrate your current NFT wallet. For instance, those with MetaMask or MyEtherWallet can use their secret recovery phrases, private keys, or Keystore files to import their data into Trust Wallet.
Storing or trading in NFTs within the Trust wallet is pseudonymous. This means that you don’t have to share your personal information when using this wallet. All you need is a username, and you’re good to go.
This wallet doesn’t operate on a KYC (know your customer) basis, making it a good choice for those who value their privacy. This means that you can use Trust Wallet without having to go through a lengthy verification process.
5. Coinbase
Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy, sell, and store your crypto. They recently added support for NFTs, making them one of the best wallets for storing your collection.
One of the main features of the Coinbase NFT wallet is that it is non-custodial. This means that you control your private keys and fully own your assets. Coinbase is also one of the most user-friendly wallets, making it a great option for beginners.
This wallet is protected by Secure Enclave technology. This technology works by encrypting your private keys and storing them on a separate chip. This makes it impossible for hackers to access your funds even if they were to gain physical access to your device.
There are a wide range of authentication methods available, including 2FA, fingerprint, and Face ID. You can also set up a passcode to protect your account.
Managing NFT on Coinbase is very easy. You can view your collection in the “Collectibles” section of the app and sort them by date or price. It is a great option for those looking for a secure and user-friendly NFT wallet.
6. Binance
Another great NFT wallet option is Binance. This wallet, which is undoubtedly one of the most popular in the world, is built for security. With Binance, you’ll have the ability to buy, sell, and trade a variety of digital assets. In addition, the wallet also supports NFTs.
One of the features that make Binance stand out is its multisig support. With this feature, you’ll be able to require multiple signatures before a transaction is completed. This makes it much more difficult for hackers to steal your funds.
Its Full SegWit Address support also adds an extra layer of security by ensuring that your transactions are verified on the Bitcoin network. This feature also allows you to use Lightning Network for faster and cheaper transactions, especially if you are trading NFTs for Bitcoin.
This wallet also partially supports Bech32, which is the native SegWit address format on the Bitcoin network. This means that you can use this wallet to receive Bech32 payments. However, you will not be able to send Bech32 payments from this wallet.
Even though this wallet is a bit complex for novice users, its features make it worth the learning curve. Its support may not be as comprehensive as other wallets on this list, but it’s still a great option for those looking for a secure NFT wallet.
7. Crypto.com
Crypto.com is one of the best NFT wallets available. Apart from having built-in exchange and crypto credit cards, this wallet also has an NFT marketplace. This means that you can buy, sell, or trade your NFTs directly from the wallet.
One of the best things about Crypto.com is that it supports a wide range of cryptocurrencies, including Ethereum, Bitcoin, Litecoin, and more. Therefore, regardless of the asset you want to trade your NFT for, Crypto.com is likely to have it.
In terms of security, Crypto.com is very robust. It uses two-factor authentication (via Google Authenticator). Other security features include a password recovery phrase, as well as biometric authentication for mobile devices.
This NFT wallet is also highly resourceful. It boasts of a help page that is packed with information on how to use the wallet. In case this page doesn’t have the answer to your question, you can reach out to the customer support team via email or live chat.
Account management is a breeze on Crypto.com. You can easily check your account balance, transaction history, and more. Overall, this is a great NFT wallet for those who want to buy, sell, or trade their assets quickly and securely.
8. Ledger Nano X
Our list of the best NFT wallets would not be complete without the Ledger Nano X. This is a hardware wallet that offers top-notch security for your digital assets. It reassembles a swiveling USB stick, and it comes with a display so you can check your transaction history. The device is also Bluetooth-enabled, making it super easy to use.
In terms of security, the Ledger Nano X features a Secure Element chip (CC EAL5+ Certified) that stores your private keys in an isolated environment. This ensures that your keys are never exposed to the internet or any other third party.
Another great feature of the Ledger Nano X is that it supports over 1100 different cryptocurrencies, including all the major ones like Bitcoin, Ethereum, and Litecoin. So if you’re looking for a versatile NFT wallet that can also hold your other digital assets, the Ledger Nano X is a great option.
This wallet generates a 24-word recovery phrase that you can use to recover your funds if you lose your device. You should also write down this phrase and store it in a safe place, just to be extra safe.
The Ledger Nano X retails for $119, making it one of the more expensive options on our list. But considering its features and security, it’s definitely worth the price.
9. Enjin
Enjin Wallet is a cryptocurrency wallet that supports Ethereum, Bitcoin, Litecoin, Enjin Coin, and other ERC20 tokens. The app has a user-friendly interface and is suitable for beginners. It also has advanced features like a built-in exchange, customizable gas fees, QR code airdrops,Dapp Browser, and most importantly, an Enjin NFT marketplace.
This NFT marketplace is one of the best in the industry as it allows users to buy, sell, or trade their NFTs.
This wallet comes with two-layer encryption. This means that the software encryption and hardware AES-256 encryption work together to keep your NFTs and other assets safe.
Perhaps one of the most unique features of this wallet is its secure keyboard. This keyboard encrypts your keystrokes so that no one can spy on what you’re typing. It can also be randomized so that keyloggers have a more difficult time tracking your pattern.
Other security features that come with this NFT wallet include screenshot blocking, Protection processor flaws, Random Access Memory (RAM) encryption, and protection processor flaws. All these security features make the Enjin Wallet one of the best NFT wallets in 2023.
10. Kukai Wallet
Kukai Wallet is an NFT wallet that supports all NFTs in the Tezos ecosystem. This ecosystem includes NFT games, digital art, and other collectibles.
With the Kukai Wallet, you can easily buy, sell, and transfer your NFTs. The wallet uses DirectAuth, which is a secure way to connect your wallet to Reddit, Google, and Twitter accounts. This simply means you can transfer your NFTs using social media accounts instead of long and complicated wallet addresses.
Kukai Wallet also has a built-in faucet that allows you to earn XTZ, the native cryptocurrency of the Tezos blockchain. You can use these XTZ to buy, sell, or transfer your NFTs. It has an offline-signing feature that allows you to keep your private keys safe.
What to look for when choosing the best NFT wallet?
There are many things to consider when choosing the best NFT wallet for you. Here are some factors to keep in mind:
- Security: This is the most important factor to consider when choosing an NFT wallet. Make sure your wallet has strong security features, such as two-factor authentication and multi-sig support.
- Ease of use: The best NFT wallets are easy to use and have a user-friendly interface. Look for wallets that offer clear instructions on how to add and manage your NFTs.
- Supported platforms: Some NFT wallets only work on certain platforms, such as Ethereum or EOS. Make sure the wallet you choose supports the platform you want to use.
- Supported currencies: Most NFT wallets only support a few currencies, such as ETH or ERC-20 tokens. However, some wallets support a wider range of currencies, including fiat currencies. You can learn more about fiat wallets in our article How Does a Fiat Wallet Work.
- Fees: Some NFT wallets charge fees for certain services, such as transferring funds or adding new tokens. Make sure to check the fees charged by the wallet you choose.
Frequently Asked Questions
What is an NFT Wallet?
An NFT wallet is a digital wallet that stores your NFTs (non-fungible tokens). NFT wallets are similar to cryptocurrency wallets, but they have different security features and support different currencies.
How to get an NFT wallet?
You can get an NFT wallet by downloading a wallet app from the App Store or Google Play. Alternatively, you can create a wallet on an exchange or online service that supports NFTs.
What is the best NFT wallet for iPhone?
Trust Wallet and Enjin are two of the best NFT wallets for iPhone. They have strong security features and support a wide range of NFTs.
What is the best NFT wallet for Android?
All the wallets outlined in this article are available for Android. However, Coinbase, Binance, and MetaMask provide the best experience on Android.
What is the best NFT wallet for MAC?
Binance, Coinbase, Enjin, and Math Wallet have user-friendly interfaces and support a wide range of NFTs. This makes them the best NFT wallets for MAC.
Key Takeaways
- After investing in NFTs your priority should be finding a safe wallet to keep them safe;
- Despite having the same features as cryptocurrency wallets, NFT wallets allow you to keep an eye on your NFTs, track their prices, and even auction them.
- Security should always be the top feature to be in your checklist when looking for a wallet.
- NFT wallets are available in cold and hot versions, as well as wallet apps available for Android and iOS.
Final Thoughts
Having the best NFT wallets is important if you want to keep your NFTs safe and secure. With them, you will not only have a place to store your NFTs but also keep track of their value.
Make sure you test most, if not all, of the wallets before settling on one that you will use in the long term. Also, keep your NFTs in different wallets to minimize the risk of losing them all at once.
Download the Tezro app and keep your assets safe, taking advantage of our encrypted text message chat system to talk with your friends and acquaintances.
