Best NFT wallets of 2023

If you are looking to purchase NFTs (Non-fungible tokens) you will need an NFT wallet to do so. An NFT wallet is a cryptocurrency wallet that is also able to store NFTs. You’ll need to ensure that the wallet you use supports the blockchain that the NFT is on e.g Ether (ETH).

The best NFT wallets let you buy and sell NFTs easily, offer browser and desktop functionality, excellent security and multiple blockchain support. There are a number of wallets on the ETH blockchain to choose from but some work better for NFTs than others. This article will show the best NFT wallets and what you should look out for when choosing one.

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Best NFT Wallets of 2023

• Best for All-Purpose Use: MetaMask
• NFT Collection User Experience: Enjin
• Best for Mobile: Trust Wallet
• Best for dApps: MathWallet
• Ease of Transferring Tokens: Coinbase Wallet
• Best for Security: Ledger Nano S Plus

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When you’re choosing an NFT wallet you want to make sure:

• It works with the NFT marketplaces you buy from. If it’s not supported, you won’t be able to use it to purchase NFTs.
• Excellent security. NFTs are valuable assets that you should protect. Ensure you invest in a wallet that’s as secure as possible.
• Easy to use. A simple-to-use interface makes buying and selling NFTs straightforward.
• Multiple device use. Allows you to access your NFTs on mobile and desktop.
• Multiple Blockchain support. Although most NFTs are on the ETH Blockchain, you’ll want a wallet that works with as many as possible.

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MetaMask

Best for Easy Browser Access

MetaMask is one of the most popular NFT wallets, enabling easy access to web 3.0 and NFT marketplaces via a browser extension. Due to it being in your browser, it’s very easy to set up multiple addresses to store your NFTs at a separate address from your cryptocurrency. If you wish you can also create individual addresses for each NFT you purchase.

Metamask released a mobile app back in 2020 that now allows you to easily sync across both desktop and mobile versions of the wallet. The app also comes with an in-built browser for decentralized applications (dApps) and NFT marketplaces.

Metamask also has some useful tools within the wallet. You can convert currencies to fund your NFT purchases with the built-in swap feature. Users can also set limits on gas fees to avoid excess charges, however, using this feature runs the risk of transaction failure. Metamask runs on ETH as default but also provides support for alternative blockchains.

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Math Wallet

Best Wallet Backed by Institutional Investors

Math Wallet is a viable alternative to Metamask, offering over 70 blockchains as well as web, desktop and mobile versions that sync across multiple devices. Additionally, it has integrations with several hardware wallets and allows users to create multiple addresses. Its built int dApp browser enables users to view NFT marketplaces, along with all the staking and swapping features. The wallet also provides its own utility token.

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Alpha Wallet

AlphaWallet is an open-source crypto wallet with a few restrictions; it’s only available on mobile devices and works exclusively with Ethereum tokens. Despite these limitations, this wallet excels when it comes to blockchain games and NFTs due to its native support for them. Its user-friendly interface makes AlphaWallet simple enough even for beginners to understand. Moreover, it provides a special section dedicated solely to NFTs and gaming tokens, as well as the ability to add meta tags to tokens in order to make them easier to search and filter when browsing their collections.

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Enjin

Best NFT Wallet for NFT Collection User Experience.

Enjin is a great user-friendly wallet for NFT collectors that allows users to hold both cryptocurrencies and NFTs. The wallet also has access to an integrated NFT marketplace where you can buy and sell your digital assets using Enjin’s native token (Enjin Coin).

Enjin wallet also features a Dapp browser that can access decentralized apps that are based on the Ethereum blockchain (such as DeFi applications), a cryptocurrency exchange and QR code airdrops. You’ll find support for cryptocurrencies Ethereum (all ERC-20 and ERC-1155 Tokens), Binance Chain, Bitcoin, Polkadot, Kusama and Litecoin. One of the most attractive features of Enjin is its user interface for your NFT collections.

Additionally, Enjin customers have access to a customer support desk which isn’t often seen with NFT wallets. 

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Ledger Nano S Plus

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Trust Wallet

Best Wallet for Simple Trading from your mobile device.

Trust Wallet is a mobile-only wallet owned by Binance. It does offer support for multiple blockchains, including Ethereum, but it’s heavily focused towards tokens on the Binance Smart Chain. This makes Trust Wallet an ideal choice for users looking to buy NFTs on the Binance Smart Chain as it comes preconfigured with support for BEP tokens.

As with other wallets, Trust Wallet comes equipped with a dApp browser to find NFT marketplaces, making it simple to purchase NFTs within the wallet. Additionally, it has an in-built exchange feature which enables users to easily switch currencies so they have the right token to buy their desired NFTs.

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Coinbase wallet

Best Overall NFT Wallet

Coinbase Wallet is a great choice for those looking to easily and securely transfer tokens. Its non-custodial wallet allows users to store their crypto without having to worry about their funds being held by Coinbase.

Coinbase Wallet has recently released a browser extension, that allows users to access their wallet from multiple devices. This makes it easier for collectors to purchase and sell nft assets stored on the blockchain across various platforms. Additionally, they have included a built-in browser into their mobile wallet which allows users to easily access different dApps.

Coinbase Wallet provides an intuitive way of transferring tokens with its user-friendly usernames instead of public wallet addresses. This can make transactions more secure and personal while also providing peace of mind that you’re sending assets to the right person. Coinbase wallet also offers a one-click cloud backup option, which stores your private keys on a personal cloud drive so you don’t have to worry about losing access to your NFTs or other funds held in the wallet.

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Conclusion

When storing and buying NFTs it’s worth spending some time to choose the right NFT wallet to meet your needs. Depending on exactly what you’re looking for, there are many different NFT wallets available. If you’re looking for a multi-purpose, easy to wallet to use wallet then Metamask could be a good option.

Alternatively, if you’d prefer something with more dApp functionality, MathWallet may be the right choice. Rather something simpler? Then Binance’s Trust Wallet provides a neat mobile wallet, ideal for use with Binance smart chain tokens.

If security is a priority when dealing with NFTs, non-custodial wallets like Trust Wallet and Enjin Wallet can provide additional protection. (Non-custodial wallets are often more secure because they don’t store your passwords). They both have in-app marketplaces to make trading easier as well. Though for real peace of mind Ledger’s hardware wallet offers the most secure option currently available.

If you want to show off your NFTs, an NFT wallet like MetaMask allows you to display your NFTs and cryptocurrencies across multiple devices. For beginners who don’t want to worry too much about security, Coinbase Wallet might be the better option. Bear in mind the wallet you choose should let you view NFTs on different blockchains while keeping your information secure and functional.

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Importance of NFT Wallets

It’s important to note that NFT wallets do not function like physical wallets, they don’t actually store your NFTs and cryptocurrencies within the wallet. Rather, these wallets give you access to your assets held on the blockchain.

They accomplish this by providing a private key linked to the address of an asset, this then allows the wallet owner to authorize transactions. This then gives ownership over any digital assets at the associated address.

The best NFT wallets will take care of all these technicalities for you and provide you with a user-friendly interface to buy, sell, and transfer your NFTs. The top nft wallets also offer increased security through two-factor authentication capabilities and enable the tracking of assets across multiple devices.

The most secure wallets can provide peace of mind for storing your NFTs for long periods of time. Hardware wallets offer a greater level of security by storing your digital collectables offline. Some software wallets are compatible with hardware wallets so you can move your digital assets to safer storage when you feel appropriate.

By taking care of all the technical aspects, wallets make it easier for users to securely manage their cryptocurrency holdings.

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FAQ

What Are Some Unique Features of NFT Wallets?

NFT wallets often have features such as encrypted wallets, secure login, in-app marketplaces, cross-device compatibility, mobile wallets, browser extension, and support for multiple blockchains. Hardware wallets are even more unique as you can store NFT tokens offline for much greater security.

What Are the Benefits of Using an NFT Wallet?

Using an NFT wallet can provide you with greater security and convenience when managing your NFT collection. You can also display your NFTs on different blockchains and access a wide range of NFT marketplaces from within the wallet. If you are an NFT trader this makes it much quicker to trade your NFTs.

Is It Necessary to Have an NFT Wallet?

It is not necessarily required to have an NFT wallet, but it normally provides greater security and convenience when trading, selling, or buying digital assets.

Can you put an NFT in a wallet?

Yes, you can put NFTs (Non-Fungible Tokens) in a wallet. Generally, the process will involve connecting your wallet to the marketplace or platform where you acquired the asset.

Do all NFT wallets support multiple blockchains?

No. Not all NFT wallets support multiple blockchains. While some wallets, such as MetaMask, are specifically designed to display digital assets across different blockchains, others may only work with one or two.

Can you store NFT on a crypto wallet?

Yes, you can store NFTs on crypto wallets. Many crypto wallets have begun integrating support for NFTs into their framework. Depending on what kind of wallet you use, you may be able to store and display NFTs across multiple blockchains while benefiting from increased security and convenience.