6 Best NFT Wallets: Most Safe & Secure Options in 2023

Yes, you read that right. Today, the cryptocurrency market is worth more than 900 billion. That's a lot of money, and if you're planning on investing in any NFTs (Non-Fungible Tokens) and making money online, you'll need a safe and secure NFT wallet to store them in.

‍We listed the best NFT wallets for 2023. These wallets are all trusted and reliable options to keep your NFTs safe and sound.

What are the best NFT wallets to keep your cryptocurrency safe?

1. Coinbase (Best Overall)

Coins supported: BTC, ETH, ETH2, USDT, BNB, etc.

Type of wallet: Non-custodial

Price: Free

Features:

• Easily and securely buy, sell, transfer, and store cryptocurrency with their non-custodial wallet
• Plenty of cryptocurrencies to choose from
• Compatible with mobile and computer
• Easy to make transactions with its simplistic user interface
• Instantly transfer for fast access to funds
• Its secure vault ensures that your funds are protected (a delay is implemented if Coinbase identifies any suspicious activity)
• Provides insurance coverage in case there is an unforeseen event
• Securely backup your cryptocurrency wallet on encrypted platforms like Google Drive and iCloud
• Advanced charting tools for an in-depth look at all of the data related to your investments
• Earn crypto rewards.)

Coinbase is considered one of the most secure and trusted online platforms for buying, selling, transferring, and storing cryptocurrency.

It allows users to safely manage their money from their mobile device or computer (install the Coinbase Wallet extension from the Google Chrome store).

It also offers a variety of features to help users make cryptocurrency transactions easier than ever before.

Some key features of Coinbase include:

• Its simple user interface makes transacting stress-free
• Its instant transfer capabilities, which provide fast access to funds
• Its secure vault protects the user's investments with a time delay system if Coinbase identifies any suspicious activity

Additionally, it provides advanced charting tools like Coinbase Pro, allowing users to have an in-depth view of their investment data. Hence, they know they are investing in the best cryptocurrencies. Beyond that, Coinbase offers competitive fees and rewards programs to support its happy customers worldwide.

2. Ledger Nano S Plus (Best Hardware Wallet)

Coins supported: BTC, DOGE, LTC, ZEC, ETH, etc.

Type of wallet: Non-custodial

Price: $79

Features:

• Hardware device meaning all of your digital assets are not sitting in the cloud vulnerable to cyber-attacks
• Two-factor authentication is required to access data (password and Ledger device)
• Private keys are stored on the device for maximum security
• Convenient touchscreen for quick and easy access
• Multiple layers of security to protect your digital assets
• Easy setup
• Store more than 1,100 cryptocurrencies and tokens
• Integrated recovery phrase feature

The Ledger Nano S Plus is a groundbreaking cryptocurrency hardware wallet device that offers users advanced security features, unparalleled convenience, and complete privacy. Its state-of-the-art security features include two-factor authentication (2FA). This means that both your password and Ledger device are required to log in for ultimate security. In addition, private keys are stored on the device (not in the cloud) with a secure PIN code.

Plus, its built-in touch screen allows quick and easy access to its various functions, like verifying transactions, and providing an intuitive user experience. Furthermore, it employs a secure chip and encrypted firmware, which utilizes multiple layers of security to protect the user's digital assets from cyber-attack.

With its no-hassle setup process, multi-currency support, and built-in recovery phrase feature, the Ledger Nano S Plus is truly one of the most robust cryptocurrency devices available on the market today.

3. Trust Wallet (Most Secure)

Coins supported: BTC, ETH, BNB, LTC, XRP, etc.

Type of wallet: Non-custodial

Price: Free

Features:

• Very trusted and secure with numerous security mechanisms
• Compatible with mobile and computer
• Conveniently store all of your cryptocurrency in one place
• Plenty of cryptocurrencies to choose from
• Easily and securely send, receive, exchange, and hold NFTs and cryptocurrencies
• Fingerprint authentication for better security
• Its Web3 browser to interact with any DApp

Trust Wallet is the most trusted and secure cryptocurrency wallet app that provides users with a safe and convenient way to manage their funds. With Trust Wallet, users can store tokens like Bitcoin, Ethereum, Litecoin, Ripple, and more in the same place. Additionally, Trust Wallet has an in-app crypto exchange feature that can be used to convert between different cryptocurrencies.

Trust Wallet also offers advanced features like fingerprint authentication and its Web3 Browser, allowing you to interact with any Decentralized Application (DApp) on Ethereum or Binance Smart Chain network.

With its great usability and top-level security measures, Trust Wallet has become one of the most popular wallets available today.

4. Math Wallet (Best for dApps)

Coins supported: BTC, ETH, DOT, FIL, SOL, etc.

Type of wallet: Non-custodial

Price: Free

Features:

• Compatible with mobile and computer
• Ability to store more than 100 cryptocurrencies
• Holds both cryptocurrencies and NFTs
• Quick and easy one-click access to the dApps store
• The interface is simple and easy to use, making this an excellent option for beginners
• Wide range of security features (private keys, two-factor authentication, mnemonic phrases, and security locks) to ensure your assets are safe

In recent years, the Crypto Wallet wars have been heating up. With the introduction of Math Wallet, a multi-platform cross-chain wallet, the competition has gotten even more challenging. But what does Math Wallet offer that other wallets don't? Let's take a look. Math Wallet enables its users with a host of features that make it unique in the world of Crypto Wallets.

For starters, Math Wallet is a multi-platform cross-chain wallet which means it can be used on various platforms and across chains (more than 100). This makes it extremely versatile and convenient for users. Another great feature of Math Wallet is its easy one-click access to the dApp store. This allows users to access and use a variety of dApps quickly and easily. This is an excellent feature for those new to cryptocurrency, as it gives them easy and direct access to some of the most popular dApps available.

Finally, Math Wallet offers a wide range of security features, including private keys, two-factor authentication, mnemonic phrases, and security locks. These features ensure that your Math Wallet is always safe and secure.

5. Enjin Wallet (Best for Swapping NFTs)

Coins supported: BTC, ETH, LTC, DOGE, BNB, etc.

Type of wallet: Non-custodial

Price: Free

Features:

• Compatible with Android devices (Apple device compatibility coming soon)
• Great security, including two layers of encryption to protect your data and a secure keyboard that stops data-sniffing or keyloggers
• Clean and user-friendly interface that's easy to setup
• Supports multiple accounts for whatever you need, whether that's for daily expenses or savings
• QR code scanning to distribute or grab NFTs quickly and easily
• Import and manage old wallets
• Keep track of your hardware wallets
• Easily use, manage, and store NFTs and cryptocurrencies

Enjin Wallet is one of the most secure wallets available today. Its features make it an ideal companion for anyone who handles cryptocurrency on their mobile device.

Enjin Wallet provides users with a suite of tools for security, ease of use, and convenience when interacting with blockchain technology. These features include supporting multiple accounts, QR code scanning, and importing your old wallets or tracking your hardware wallets like Ledger and Trezor.

Enjin Wallet allows its users to easily store assets from Bitcoin and Etherium, including any Ethereum-based assets like Binance Smart Chain.

With its top-tier security measures (two-layer encryption and secure keyboard), quick setup time, and seamless user experience, Enjin Wallet stands out as one of the best wallets available for cryptocurrency holders.

6. MetaMask (Best Browsing)

Coins supported: Exclusively ETH and Etherium-based tokens only

Type of wallet: Non-custodial

Price: Free

Features:

• Compatible with mobile and computer
• Easily and securely buy, send, store, and swap digital assets
• The ability to participate in ICOs
• Equipped with a key vault to reduce the chances of anything getting leaked
• Secure login that uses more than one method to verify the user's identity
• Browser encryption and password protection for ultimate security
• Your passwords and keys are exclusive to your device, so only you have access to them
• Control over what you share and keep private
• Beginner-friendly access to blockchain applications like OpenSea and Rarible so you can start exploring right away

MetaMask is a revolutionary tool that provides users with a secure experience on the Ethereum blockchain.

With MetaMask, users can store their ETH and tokens safely and securely, send their digital assets worldwide, participate in ICOs (raise funds for a new coin/app), and trade tokens all within one safe place. It also allows users to securely access DApps without exposing their private keys. Furthermore, it features an easy-to-use interface for everyday users without expertise in crypto. Its built-in password generator and encryption guarantee top-notch security. These features make MetaMask the perfect choice for anyone involved or interested in cryptocurrency or blockchain.

The 5 most frequently asked questions

What is an NFT wallet?

NFT wallets are a relatively new type of wallet technology that allows digital asset and token collectors to securely store NFTs or non-fungible tokens. NFTs represent ownership and control over a unique item, such as artwork or other collectibles, in a digital space.

NFT wallets give users complete control over their NFTs by allowing them to store, transfer, and trade them quickly and easily. Generally speaking, NFT wallets are similar to conventional cryptocurrency wallets with the additional feature of managing NFTs within them.

As NFTs gain popularity, NFT-specific wallets are becoming more and more sought after, providing users with an extra layer of security for the storage and trading of their NFT holdings.

What should you look for in an NFT wallet?

When searching for the right NFT wallet, there are three essential things you should be looking for.

1) Safety & security

Safety and security should be a top priority when choosing an NFT wallet. Look for wallets that offer two-factor authentication and other features that protect your personal information and funds.

2) Compatibility with NFT marketplaces you want to buy from

Making sure the wallet is compatible with the NFT marketplaces ****you plan on buying and selling from using is also important. This will allow you to connect your wallet to start storing, buying and selling NFTs sooner rather than later.

3) Cross-device use

It would also be beneficial if you choose one that offers cross-device use. This will allow you to access your account on whatever device you choose without having to keep logging in again and again.

These features should give both peace of mind and make managing your tokens easier.

How can I use my NFT wallet?

Using an NFT wallet is a secure way to:

• Store your private keys
• Easily connect to apps and marketplaces
• Transfer NFTS to cryptocurrency wallets

It takes a few simple steps to begin using your wallet.

1. First, you must set up the wallet with a platform that works best for you. Look at the best NFT wallets in this article to help you decide.
2. Next, you will link it up with other services like marketplaces where you can buy or sell NFTS, like OpenSea, which is the largest.
3. Congratulations! You are now ready to transfer NFTS between different accounts or wallets and start buying, selling, and trading.

With an NFT wallet, you can stay secure in your digital asset purchases and transfers.

What are the different types of NFT wallets?

Regarding storing and managing your NFTs, there are two main types of NFT wallets: custodial and non-custodial.

Custodial NFT wallets (less secure)

Custodial wallets allow you to store your NFTs on the wallet provider's servers, meaning they will always be online and easily accessible. These wallets keep private keys on their servers (private keys allow the owner to transfer tokens from their wallets). For example, if you buy an NFT using the Binance marketplace, it is kept in a custodial wallet provided by Binance.

The downside of this type of wallet is they are considered less secure than a non-custodial wallet. The custodial wallet service (such as Binance, for example) holds onto the private key, making it responsible for keeping the user's funds safe.

Non-custodial NFT wallets (more secure)

Non-custodial wallets give users full control over their private keys, and non-custodial wallets, as users, can store them off-chain or on a device under their security.

However, with this type of wallet, you must ensure your private keys are kept safe and secure to gain access to your digital goods again if needed. You will be fully responsible for keeping track of your private keys with no central authority to help you recover them. If you forget your private keys, you could lose your assets forever.

Both types of NFT wallets have their benefits depending on the user's individual needs, so do extensive research before choosing the right wallet for you.

Which wallet is best for NFTs?

The Coinbase wallet is the best NFT wallet to store and manage your NFTs.

It offers a secure and reliable interface while providing users with the tools they need to manage their digital assets.

The Coinbase wallet provides even more features, such as insurance coverage, allowing users to protect their investments in case of any unforeseen event.

It also allows its users to securely back up their wallets on encrypted platforms like Google Drive and iCloud, which provides an added security layer for people who choose Coinbase as their NFT wallet.

Coinbase is a great option for those looking for a dependable and secure option to manage their NFTs.

Are NFT wallets safe?

NFT wallets provide a secure place to store NFTs; however, digital asset security is an ever-changing challenge. Although NFT wallets are the most secure form of NFT storage, it's important to remember that no one system is foolproof. NFT wallets should be used with other security protocols, such as two-factor authentication for extra safety and password protection for utmost security.

It's also essential to regularly back up and store your NFT wallet - digital or offline - just in case you're hacked or need to change or update settings.

It's time to choose your wallet

Consider your needs and pick from the top NFT wallets that provide the features you’re looking for:

• Do you want a simple interface or something more sophisticated?
• How many layers of security will make you feel the most comfortable?
• Are you interested in hardware wallets that can physically store your digital assets?

Once you’ve found the perfect NFT wallet, you may also want to consider finding a crypto portfolio tracker to check the value of your crypto assets and crypto tax software to ensure you submit the proper taxes when trading cryptocurrency. All that’s left to do is start collecting those amazing digital assets.

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