NFTs are digital assets that are one of a kind. They can be anything from digital art, music, and games, to real-life stuff. But how do you keep and use your NFTs securely? NFT wallet can be seen as the perfect answer to this question.
Non-fungible token wallets are a must-have for anyone who wants a slice of the digital asset pie. But where do you even begin when looking for an NFT wallet?
How do you identify a worthwhile wallet from the many options on the market? In this article, we will examine the 11 best NFT wallets in-depth to help you determine the best fit for your needs.
Key Insights:
- NFT wallets are crypto wallets that store, display, and trade NFTs on various blockchains.
- The best NFT wallet depends on the user’s criteria: security, convenience, network compatibility, and fees.
- Hardware wallets are more secure than software wallets for NFT storage.
Best NFT Wallets: Our Top Picks
Some crucial factors must be considered before picking the top NFT wallets, such as features, fees, security, and reliability. It’s also essential to evaluate how well the wallets work with various NFT marketplaces and blockchains.
Based on important key points, here are the best NFTs wallets for users:
- Ledger Nano X: Best Hardware Wallet for NFTs
- Trezor Model T: Best NFT Cold Wallet
- MetaMask: Best Ethereum Wallet for NFTs
- Trust Wallet: Best NFT Wallet for Beginners
- Enjin: Best Multi-Function NFT Wallet
- Coinbase Wallet: Best Crypto Exchange NFT Wallet
- Phantom: Best Crypto Wallet for Solana NFTs
- ZenGo: Best NFT Hot Wallet For Security
- Alpha Wallet: Best NFT Wallet for Developers
- Crypto.com DeFi Wallet: Best for Instant Buying and Selling NFTs
- Math Wallet: Best Multi Chain Web3 Wallet
1. Ledger Nano X
Ledger Nano X is the best NFT cold wallet to store your priced blockchain assets. The outperformed feature of the hardware wallet is that these wallets can store your digital assets offline.
The Nano X wallet works by connecting a physical device to a computer or smartphone through the Ledger Live app. Even though this requires connecting to the internet, Ledger is still considered an offline wallet because it stores private keys offline and only needs to connect to the internet to confirm a transaction.
Ledger Nano X is easy to use and compatible with Windows, Mac, and Linux operating systems. You can connect it with third-party wallets like MetaMask, Atomic Wallet, etc., and earn by NFT staking (if supported).
Pros and Cons of Ledger Nano X
| Pros of Ledger Nano X | Cons of Ledger Nano X |
|---|---|
| Bluetooth for easy connectivity The wallet stores NFTs offline It supports NFTs across multiple blockchains, including Bitcoin, Tron, Tezo, Polkadot, and Ethereum Nano X supports “Ledger recover” to restore the seed phrase if you forgot. | The cost of purchasing a Nano X model is relatively expensive ($149). The Ledger Nano X wallet relies on third-party platforms to facilitate NFT trades. |
2. Trezor Model T
If you want a top-notch NFT cold wallet, the Trezor Model T is a great choice. It has a touchscreen that makes it easy to use and can hold and protect your Bitcoin, passwords, and other digital assets. You can also trade coins with your device in a safe way.
What about NFTs? You can also keep them on the Trezor Model T, but you need another software wallet to manage them. The Trezor Suite app natively doesn’t work with NFTs, so you must use something like MetaMask instead.
Pros and Cons of Trezor Model T
| Pros of Trezor Model T | Cons of Trezor Model T |
|---|---|
| NFT cold storage that keeps your keys away from hackers and online threats Easy-to-use touchscreen display Highly secure and trusted by millions of users Shamir backup for high NFT security | The Model T depends on 3rd party software wallets to manage NFTs The hardware cost is expensive compared to other wallets |
3. MetaMask
MetaMask is among the most popular NFT wallets. The wallet is a browser extension or mobile app for iOS and Android gadgets.
Despite natively being an Ethereum-only wallet, MetaMask is still popular because it easily connects to other dApps and gives users a simple way to collect and trade NFTs.
However, you can also use other networks like BNB chain, Arbitrum, Avalanche, etc. on MetaMask. But you need to enter the contract address for some blockchains manually.
Pros and Cons of MetaMask
| Pros of MetaMask Wallet | Cons of MetaMask Wallet |
|---|---|
| It comes as a browser extension and also as a mobile wallet. The MetaMask wallet is free to use but charges gas fees for transactions MetaMask is user-friendly and offers guidance on how to exchange NFTs. The wallet is easily accessible across multiple platforms. It connects to many other dApps and wallets, making it easier for users to access and store NFTs. | MetaMask has slow processing speeds, which increase gas fees. You can only access Ethereum-based NFTs but customize it for other networks. |
4. Trust Wallet
If you are new to NFTs, Trust Wallet is an ideal NFT wallet for you. This multi-currency mobile app wallet has one of the most intuitive user interfaces. The way Trust Wallet is made makes it easy for people who are new to NFTs to find their way around the digital asset space.
One of Trust Wallet’s best features is the NFT section description. On the Trust Wallet app, there’s a section that shows your NFTs and describes each asset, indicating why it is unique. This feature is extremely handy for individuals who are trying to understand NFTs.
Trust Wallet also has a decentralized application(dApp) browser to help users easily find the NFT marketplace and an in-built swap to get the different cryptocurrencies they need to purchase particular NFTs.
Pros and Cons of Trust Wallet
| Pros of Trust Wallet | Cons of Trust Wallet |
|---|---|
| A simple user interface for beginners It has a dedicated section for NFTs with a description for each The wallet supports multiple NFTs and cryptocurrencies The wallet is free, but fees may apply for certain transactions It supports NFT marketplaces like PancakeSwap, OpenSea, and UniSwap Trust Wallet can access Ethereum and BNB Chain-based NFTs | It is only accessible on mobile-based browsers It may not support new blockchains or NFT networks |
5. Enjin
Finding an NFT wallet that runs multiple features seamlessly is easier when using the Enjin wallet. With this wallet, users can create NFTs, find a marketplace, and trade them, all within the wallet without needing any third-party applications.
To achieve this, Enjin has an NFT creation interface and an in-built marketplace that runs on the platform’s native token, ENJ. Transactions on Enjin can cost about 0.1 ENJ, excluding gas fees.
However, Enjin allows users to access dApps and NFTs created by other networks. Most crypto gamers like this wallet because it makes it easy for them to get in-game NFTs that they can collect and trade on Enjin.
Pros and Cons of Enjin Wallet
| Pros of Enjin Wallet | Cons of Enjin Wallet |
|---|---|
| The Enjin wallet has multiple features embedded in it that eliminate the need for some third-party applications Enjin allows users to create their own NFTs It uses a secure biometric or auto lock security feature guaranteeing better security Enjin is one of the very few NFT wallets with real-time customer support | It is only accessible for Ethereum wallets Enjin is not open-source |
6. Coinbase Wallet
What puts Coinbase at the top of the list of the best NFT wallets is the level of detail the platform devotes to its NFT section.
First, Coinbase Wallet guides users on how to navigate the NFT space. Then there’s the NFT dashboard. Here, collectors can view NFTs in categories based on trending or recent purchases.
NFT collectors on Coinbase Wallet can also follow other collectors, and their NFT feed will show what other collectors are trading. Besides this, they can upvote or downvote an NFT, and the wallet will tailor its feed based on such recommendations.
Ultimately, users can trade NFTs using only usernames instead of wallet addresses, a feature that makes transactions feel more personal.
Pros and Cons of Coinbase Wallet
| Pros of Coinbase Wallet | Cons of Coinbase Wallet |
|---|---|
| It has a customizable NFT feed It allows users to transfer NFTs using usernames instead of wallet addresses The wallet provides guides to help users navigate the NFT marketplace It is a non-custodial crypto wallet accessible as a browser extension or mobile app | It only supports NFTs on the Ethereum blockchain Trading using usernames instead of wallet addresses raises privacy concerns |
7. Phantom
Sonala-based wallet Phantom is another amazing NFT wallet. This wallet gives the best user experience because its simple graphical interface includes everything. With Phantom, NFT enthusiasts, from beginners to experts, can store and trade digital art without a hassle.
Phantom’s mobile app’s simplicity and non-custodial nature make it a leading Solana NFT wallet. Also, its compatibility with the Ledger hardware wallet increases its appeal to users. Recently, Phantom started supporting minting NFTs on Solana, Polygon, and Ethereum.
Pros and Cons of Phantom
| Pros of Phantom Wallet | Cons of Phantom Wallet |
|---|---|
| The wallet supports a hardware wallet for cold storage of digital assets Phantom has no fluctuating transaction fees, making it highly reliable The wallet comes as a simple-to-use mobile app that is friendly for less experienced NFT traders It is an easy-to-use non-custodial wallet. | The wallet charges a flat rate fee of 0.85% for every transaction The wallet has fewer NFT listings because it only supports tokens from the Solana blockchain. |
Related Article: Best Solana NFT Marketplaces
8. ZenGo Wallet
ZenGo is one of the most secure options available for NFT wallets. The first feature that makes ZenGo highly secure is that it is non-custodial. This means users are the only people with access to their private keys.
Therefore, no third parties can have unauthorized access to accounts. Aside from that, ZenGo has many other security features, such as 3-Factor Authentication (3FA), which is a step up from the 2-Factor Authentication (2FA) found in most wallets.
This wallet also uses Multi-Party Computation(MPC). An MPC is a complicated cryptographic method that stores parts of a private key on different devices and lets you access them separately without letting other devices in the system know what it is. These security features make ZenGo one of the most secure NFT hot wallets.
Pros and Cons of ZenGo Wallet
| Pros of ZenGo Wallet | Cons of ZenGo Wallet |
|---|---|
| The wallet is highly secure with 3FA ZenGo offers more privacy and anonymity because of its non-custodial nature Transactions on ZenGo are free, except buying NFTs using a wire transfer costs 1.99% of the NFTs, and buying with a credit or debit card costs 5.99% It has multichain features, supporting blockchains like Bitcoin, Tezos, Ethereum, and Terra | The wallet can be relatively expensive for bulky transactions paid using wire transfers or credit cards 3FA may not be convenient for some users |
9. Alpha Wallet
Alpha Wallet is one of the best NFT wallets for more tech-savvy NFT traders. This open-source wallet is designed to help users make NFTs through tokenization. At the same time, users can trade or store these tokens and run them natively on Alpha Wallet’s mobile app on Android or iOS devices.
However, what stands out most about Alpha Wallet is its developmental flexibility. Because the code for this wallet is open source, developers can keep working to improve it.
The result is an application that is better suited to users’ needs. Users can change the speed of their transactions, which impacts the gas they have to pay.
Pros and Cons of Alpha Wallet
| Pros of Alpha Wallet | Cons of Alpha Wallet |
|---|---|
| You can mint NFTs, trade and store them on the app Alpha Wallet has a transaction speed-regulating feature, meaning users can regulate their gas fees The wallet uses secure enclave technology, making it very safe Alpha Wallet has access to NFT markets like Opensea. | Alpha Wallet is only accessible as a mobile app. The wallet only supports Ethereum-based NFTs, which makes it a very limiting wallet |
10. Crypto.com DeFi Wallet
The next wallet on this list earns its position because of the popularity of some of the NFTs it has hosted. Regarding NFTs, Crypto.com has become popular for having exclusive access to some of the most popular NFT brands, like the F1 Collectibles from Aston Martin’s Cognizant F1 team. The platform also frequently unveils celebrity-branded NFTs.
For Crypto.com users, this wallet is a one-stop shop for impressive NFTs. With the wallet, you can get valuable NFTs and sell them in the wallet’s built-in marketplace for a profit. Users can also trade NFTs for cash at Crypto.com’s NFT marketplace, which makes the wallet even more popular.
Pros and Cons of Crypto.com Wallet
| Pros of Crypto.com Wallet | Cons of Crypto.com Wallet |
|---|---|
| The wallet allows the swapping of NFTs for fiat It has exclusive access to some top-ranking NFTs The wallet has a well-organized and easy-to-navigate in-built marketplace It supports NFTs from at least 29 blockchains, including Ethereum, Polygon, Cardano, Solana, Bitcoin, and Avalanche C-chain. | It does not support NFTs from BNB Chain It has a limited number of NFTs because it focuses mostly on high-ranking assets |
Related Article: 11 Best DeFi Wallets in Apr 2024 (Tested)
11. Math Wallet
Math Wallet is a versatile wallet that works on mobile, desktop, and hardware devices. It can store more than 159 types of public chains, such as Bitcoin, Ethereum, Solana, BNB Chain, and many more. It also lets you swap tokens across chains and explore different dApps.
One of the cool features of Math Wallet is its NFT Wallet. It lets you see, store, and trade your NFTs on different networks, such as Ethereum and BNB Chain.
You can also access many NFT platforms from the Math DApp Store, such as MathVerse, OpenSea, BakerySwap, etc.
Pros and Cons of Math Wallet
| Pros of Math Wallet | Cons of Math Wallet |
|---|---|
| It has a friendly and simple interface It supports a lot of chains and token standards for NFTs You can easily mint and trade your digital collectibles It has a built-in metaverse for NFTs called “MathVerse” | It is not open source or verified by third parties It may not work well with some dApps |
Comparison Between the Best NFT Wallets
| Supported cryptocurrencies | Built-in NFT Marketplace | NFT Storage | Our Rating | |
|---|---|---|---|---|
| 1. Ledger Nano X | 5,500+ tokens | No | Yes | 4.8/5 |
| 2. Trezor Model T | 1456+ tokens | No | Yes | 4.7/5 |
| 3. MetaMask | 10,000+ (ERC-20, 721, and more) | Yes | Yes | 4.6/5 |
| 4. Trust Wallet | 70 blockchains | Yes | Yes | 4.5/5 |
| 5. Enjin | 10+ blockchains | Yes | Yes | 4.4/5 |
| 6. Coinbase Wallet | 100k+ tokens | No | Yes | 4.3/5 |
| 7. Phantom | Solana, Ethereum, & Polygon blockchains | No | Yes | 4.2/5 |
| 8. Zengo | 70+ tokens | No | Yes | 4.1/5 |
| 9. Alpha Wallet | 10,000+ (ERC-721 and ERC-1155 tokens) | No | Yes | 4/5 |
| 10. Crypto.com DeFi Wallet | 29 blockchains | Yes | Yes | 3.9/5 |
| 11. Math Wallet | 159+ blockchains | Yes | Yes | 3.8/5 |
What is an NFT Wallet?
An NFT wallet is a special kind of crypto wallet that lets you store and use NFTs. They can be non-custodial or custodial wallets.
NFTs are unique digital items like art, music, or videos, which you can buy and sell with crypto. To use NFTs, you need a wallet that works with the same blockchain and currency as the NFTs.
For example, if you want to use NFTs on Ethereum, you need a wallet that supports Ethereum and Ether.
To buy an NFT or facilitate a transaction in a marketplace, NFT traders need to pay some money for purchase costs or gas fees. NFT wallets are crucial at this point because they store the funds needed for these transactions.
Importance of an NFT Wallet
There are many reasons why avid NFT collectors should have NFT wallets. These wallets are the most important links between digital assets and their owners, providing secure ways to access and trade NFTs. Let’s analyze the leading reasons why NFT wallets are important.
NFT Wallets Secure Private Keys
Contrary to popular belief, NFT wallets do not directly store NFTs. Instead, they store the private keys associated with a given crypto account. This crypto account is what collectors use to purchase the given NFTs.
NFT wallets store the private keys that allow users to access NFTs on the blockchain and authorize their transactions. Without a wallet, getting access to these NFTs on the blockchain would be impossible.
NFT Wallets Link Collectors to NFT Marketplaces
The other importance of an NFT wallet is that it helps users to access marketplaces. Marketplaces are digital stores where people trade NFTs. To purchase or sell an NFT, one needs access to a marketplace, which needs a wallet address to identify where to send or retrieve the NFT being traded.
NFT Wallets Help Fund NFT Transactions
To buy an NFT or facilitate a transaction in a marketplace, NFT traders need to pay some money for purchase costs or gas fees. NFT wallets are crucial at this point because they store the funds needed for these transactions
Methodology: What to look for when choosing the best NFT wallet?
A good NFT wallet has certain essential features. Let’s explore some of the most important indicators of an NFT wallet worth using.
- Blockchain Compatibility: The first trait to analyze for an NFT wallet is whether it is compatible with the blockchain supporting the NFT you want to purchase.
- Wallet Accessibility: This refers to the range of devices the wallet can access and how easy it is to set it up on these devices. The best NFT wallets are accessible both as browser extensions and mobile applications.
- Ease of Use: NFT wallets should be not only accessible but also easy to navigate. A user-friendly interface and navigation instructions all contribute to an easy-to-use wallet.
- Security: NFT wallets need to be secure enough to protect your digital assets from hackers. Features such as 2 and 3-Factor authentication, biometric signatures, and auto-lock features are indicators of a well-protected wallet.
- Customer support: You want a wallet with a friendly and helpful customer service team that can help you with any problems or questions about your NFTs or the wallet itself.
- Fees: Also consider various fees charged by wallet providers. Look for wallets with very low and customizable network fees.
Conclusion
The top NFT wallets depend on your needs as a digital art collector. You can choose either mobile wallets or desktop wallets based on your convenience.
However, you can check out these three wallets:
- Ledger Nano X: It is best for cold storage of your Non-fungible tokens. It also provides you with the highest possible security.
- MetaMask: You can use it for storing the most popular Ethereum NFTs from marketplaces like OpenSea, Looksrare, Nifty Gateway, etc.
- ZenGo: This is the top choice for those who often forget the recovery phrase of their wallets. It is an MPC-based wallet.
Best NFT Wallets – FAQs
Which blockchain is best to buy NFTs?
There is no one answer to this question. Different blockchains have different pros and cons for NFTs. But some of the most popular and widely used ones are Ethereum, Solana, and BNB Chain.
Do you need a crypto wallet for an NFT?
Yes, you do need a crypto wallet for NFT storage. To buy or sell an NFT, you need to have a crypto wallet that works with the blockchain that has the NFT.
For example, suppose you want to buy an NFT on Ethereum. In that case, you need to have an Ethereum wallet, such as MetaMask or Coinbase Wallet. If you buy an NFT on Solana or BNB Chain, you need to have a Solana wallet or a BNB chain wallet, such as Phantom or Trust Wallet.
What is the best NFT crypto wallet?
Ledger Nano X is one of the best NFT crypto wallets, with the Ledger Live app to connect with various marketplaces. You need to connect the app with supported software wallets and then with NFT platforms like OpenSea.
What is the best Ethereum wallet for NFT?
If you want to use Ethereum for your NFTs, you need a wallet that supports the ERC-721 or ERC-1155 standards. Some of the best Ethereum wallets for NFTs that support these networks are MetaMask, Coinbase Wallet, and Alpha Wallet.
