Diving into NFTs? You’ll need a secure NFT wallet. An NFT is a unique digital token representing ownership of art, music, collectables, and more. NFT wallets are the links between digital assets and owners, providing secure ways to access and trade NFTs. But how do you know which are the best NFT wallets for your requirements?
This article reviews the top NFT wallets and helps you pick the best NFT wallet suited for you.
Best NFT Wallets In The Industry
Before we discuss each wallet in detail, here’s a quick rundown of the 12 best NFT wallets for 2024:
- Ledger Nano X: Best NFT wallet to store your NFT and cryptocurrencies offline.
- ZenGo Wallet: A keyless security wallet for NFT storage.
- Trezor Model T: Secure and user-friendly cold wallet for NFTs.
- MetaMask: Top Ethereum wallet for NFT collectors.
- Okto Wallet: Best NFT wallet for beginners in 2024.
- Enjin Wallet: Ideal wallet for NFT creators with a built-in marketplace.
- Coinbase Wallet: A popular web3 wallet with robust NFT support.
- Binance Wallet: Offers seamless integration with the Binance exchange.
- MathWallet: Best wallet for Multi-chain support and powerful features for NFT users.
- Trust Wallet: A Beginner-friendly wallet with multi-crypto support.
- AlphaWallet: An open-source wallet with advanced NFT support.
- Phantom: Best NFT wallet for Solana-based NFTs.
Now, let’s get into the details of each wallet, so you can choose the one that fits your needs best.
Secure Your NFTs: 12 Best NFT Wallets For 2024
NFT wallets have evolved far beyond storage solutions. They are multifunctional now, integrating with NFT marketplaces, decentralised applications (dApps), and decentralised finance (DeFi) protocols. Let’s review some of the best NFT wallets for 2024 and beyond.
1. Ledger Nano X
The Ledger Nano X is the most secure hardware wallet for your cryptocurrency and NFT. It offers unparalleled security for your digital assets, whether a crypto coin or your latest cat NFT.
This cold wallet allows you to store your private keys offline, making it virtually impassable to online threats. It has advanced features like Bluetooth connectivity and support for over 5,500 assets. If you are looking for the best NFT wallet, Ledger is your perfect pick.
Pros
- Ledger Nano X Wallet is known for top-notch security with offline storage.
- It provides Bluetooth connectivity for the management of your digital assets.
- It supports over 5500 cryptocurrencies and NFTs.
- Its user-friendly mobile interface, the “Ledger Live app,” makes it easy for beginners and advanced investors.
Cons
- The best comes with a price. Yes, it costs a higher price compared to software wallets.
- With this wallet, a third-party platform is required to enable NFT trades.
2. ZenGo Wallet
ZenGo is one of the most secure alternatives available for NFT wallets. ZenGo is highly secure and it is a non-custodial wallet. This means you have control over your cryptocurrencies and NFTs.
This NFT wallet does not require seed phrases or private keys to operate as it works on a 3FA security model. It also uses an MPC (Multi-Party Computation), a cryptographic method that keeps parts of a private key on different devices and lets you access them separately.
Pros
- ZenGo is an easy-to-use Web3 wallet.
- You can buy, sell, trade, and connect to Web3 dApps with this wallet.
- It supports multi chain features, like Bitcoin, Ethereum, Polygon, and more.
- It offers more privacy and anonymity because of its non-custodial wallet.
Cons
- Newly launched coins may not be supported in the ZenGo Wallet.
- Using the 3FA feature for new users might get inconvenient.
3. Trezor Model T
The Trezor Model T is another premium hardware wallet developed to keep your NFTs and crypto assets secure. Its key feature is a large colour touchscreen that simplifies navigation. This adds an extra layer of security and makes it easier for you to verify transactions.
The Model T supports over 1900 coins and tokens, including popular NFT blockchains like Ethereum and Binance Smart Chain. You can hold your NFTs on the Trezor Model T, but it requires a software wallet like MetaMask or TrustWallet to manage them
Pros
- Trezor Model T provides the best security for your digital assets.
- It offers a large colour touchscreen for smooth navigation.
- The cold storage keeps your keys away from hackers and online threats.
- The Trezor Model T wallet offers advanced Shamir backup for restoring PINs.
Cons
- This NFT hardware wallet is expensive, retailing around $149.
- With this wallet, managing NFT requires integration with third-party apps.
4. MetaMask
MetaMask is one of the popular cryptocurrency and NFT wallets. It allows you to make multiple wallet addresses for different purposes, such as one for holding Bitcoin and another for NFTs. The browser extension helps you access the DeFi and NFT marketplaces more conveniently and easily.
MetaMask is a top Ethereum-based wallet, especially for NFT collectors and traders. It has a browser extension and mobile app that allow you to connect directly with NFT marketplaces such as OpenSea and Binance.
Pros
- MetaMask is available as a browser extension and as a mobile wallet for Android and iOS.
- MetaMask is the best NFT wallet for 2024, in terms of easy integration with popular NFT marketplaces.
- The wallet is free to use but charges gas fees for each transaction.
- It has a large and supportive community.
- MetaMask helps you connect to numerous dApps and wallets.
Cons
- This wallet is primarily focused on Ethereum-based NFTs.
- MetaMask is a hot wallet; it’s more vulnerable than hardware wallets.
5. Okto Wallet
The Okto Wallet is a promising multi-chain wallet created with Web3 users in mind. It supports a range of blockchains, including Ethereum, Solana, and Binance Smart Chain. Okto Wallet allows you to store and manage NFTs across different ecosystems. You can easily integrate Okto Wallet with various NFT marketplaces to buy and sell your NFTs.
Okto is a secure and convenient digital wallet powered by the reputable CoinDCX. Its intuitive interface makes it accessible for both beginners and experienced traders.
Pros
- Okto Wallet provides multi-chain support across major NFT ecosystems.
- Its user-friendly design helps both beginners and advanced traders.
- It uses robust security features, including private key encryption.
- Okto also offers crypto staking features where you can earn rewards for holding your Bitcoin and other cryptocurrencies.
Cons
- It has a smaller user base compared to MetaMask or Trust Wallet.
- Okto has limited payment methods for deposit and withdrawal.
6. Enjin Wallet
The Enjin Wallet is another blockchain wallet for collecting NFTs and other collectables. The wallet is originally designed for gaming assets that allow you to store, manage, and trade NFTs as well as cryptocurrencies.
Enjin Wallet provides top-notch security features like biometrics and auto-locking. This is a secure option for managing large NFT portfolios and gaming tokens, especially if you are into blockchain gaming and game-related NFTs.
Pros
- Enjin Wallet has a built-in NFT marketplace for trading NFT.
- It provides secure biometric login options.
- Enjin Wallet also supports NFT creation and trading within the wallet.
Cons
- It does not offer a browser extension; you have to use the Android and iOS apps.
- Enjin is not open-source compared to its alternatives.
7. Coinbase Wallet
The Coinbase Wallet is perfect if you are already familiar with Coinbase’s exchange platform. It allows you to store and manage their NFTs from Ethereum and other popular networks offering seamless integration with the Coinbase exchange.
The Coinbase wallet provides access to Web3 products and services, including buying NFTs. You can hold and manage all of your cryptocurrencies, tokens, and NFTs in one place.
Pros
- Coinbase is a well-known and trusted crypto platform.
- It is user-friendly, which is convenient for beginner and pro traders.
- The integration with the Coinbase exchange helps you buy, sell, and trade cryptocurrencies.
- Coinbase wallet offers high security with features like 2FA and AES-256 encryption.
Cons
- Coinbase wallet has limitations to ERC20 tokens and the Ethereum network.
- There are some privacy concerns as it provides username-based trading.
8. Binance Wallet
Another name listed in the top NFT wallets is Binance. Binance, a leader in the crypto exchange, offers various services in the crypto space. These services include staking, cloud mining, NFT Marketplace, Web3 wallet, etc
Binance allows easy storage and management of NFTs from the Binance Smart Chain (BSC) and Ethereum networks. The wallet seamlessly connects with the Binance exchange and Binance NFT marketplace. This wallet provides a more convenient experience for you to trade crypto and NFTs.
Pros
- The wallet directly integrates with Binance Exchange and the NFT marketplace.
- It supports Binance Smart Chain and Ethereum NFTs.
- Binance is known for its low transaction fees for trades and transfers.
- It focuses on best security practices.
Cons
- Binance is a centralised exchange that may not appeal to all users.
- It has fewer advanced NFT features than its competitors.
9. MathWallet
MathWallet is a well-known NFT wallet for mobile, desktop, and hardware devices. It stores different types of public chains, including BNB Chain, Bitcoin, Ethereum, Solana, and many more.
This NFT wallet allows you to swap tokens across chains and explore different dApps. This wallet lets you hold your NFTs and view and trade on networks such as Ethereum and BNB Chain.
Pros
- It supports various blockchain networks like Ethereum and the BNB chain.
- MathWallet is available on multiple platforms, such as browsers, mobile, and hardware wallets.
- It has a built-in dApps browser for the NFT marketplace.
- You can easily mint and trade your digital collectables.
Cons
- It is not compatible with some dApps.
- This NFT wallet is not open-source.
10. Trust Wallet
Trust Wallet is another alternative to MetaMask and Okto Wallet. It is one of the best NFT wallets for providing a secure and user-friendly path to NFTs. As the NFT market has grown over the past few years, Trust Wallet is perfect to cater to the diverse needs of NFT enthusiasts.
The wallet offers a comprehensive platform that flawlessly integrates NFTs with decentralised finance (DeFi). It also supports thousands of crypto tokens and NFTs from the Ethereum and Binance Smart Chain ecosystems. It provides access to NFT marketplaces like OpenSea, allowing you to buy, sell, and store NFTs all within one app.
Pros
- Trust Wallet is simple and has a user-friendly interface.
- This NFT wallet is free to use and only charges a transaction fee.
- The wallet is highly secure and trusted by millions of users worldwide.
- It supports Ethereum and Binance Smart Chain NFTs.
Cons
- It does not support new blockchains or NFT networks.
- You can access Trust Wallet on mobile-based browsers.
11. AlphaWallet
AlphaWallet is an open-source NFT wallet for Ethereum. It offers a variety of advanced features, such as support for NFT minting, customisable transaction speeds, and even smart contract interaction.
The wallet has a dedicated section for NFTs and gaming tokens. Its native support for blockchain games and NFTs and simple user interface make it stand out. AlphaWallet also allows you to add meta tags for tokens, so you can easily search and filter while browsing the collection.
Pros
- AlphaWallet is an open-source NFT and cryptocurrency wallet.
- Developers and users can customise as per requirements.
- This is one of the best NFT wallets for 2024 if you want to mint NFT directly from the wallet.
- This NFT wallet has a strong focus on dApp integration.
Cons
- It may not be suitable for complete beginners.
- AlphaWallet is only available on Android and iOS devices.
12. Phantom Wallet
When it comes to Solana-based wallets, Phantom is one of the best NFT wallets. This amazing wallet gives the best user experience due to its simple graphical interface. With Phantom Wallet, NFT enthusiasts can hold and trade digital assets without any hassle.
Phantom is easy to use, integrates with NFT marketplaces, and offers staking NFTs on Solana. Also, it is compatible with the Ledger hardware wallet, which appeals to many investors. Phantom currently supports minting NFTs on Solana, Polygon, and Ethereum.
Pros
- It is a non-custodial wallet, which means you have full control of your assets.
- The wallet supports hardware wallets for cold storage.
- Phantom is reliable. It has no fluctuating transaction fees.
- This Web3 wallet comes as a simple-to-use mobile app that is friendly for less experienced traders.
Cons
- The wallet charges a flat transaction fee of 0.85%.
- It has fewer NFTs as it only supports the Solana blockchain.
Importance Of Using An NFT Wallet
There is a famous saying in the crypto world, “Not your key, not your crypto.” A Web3 wallet allows you to access your crypto with your keys.
A wallet does all the technical details and provides a simple user interface for buying, selling, and trading NFTs or cryptocurrency assets. It also provides you with advanced security with two-factor authentication.
An NFT wallet doesn’t function similarly to physical wallets where you store your money. Here you don’t really store NFTs or cryptocurrencies; instead, these wallets offer access to your assets that are held on the blockchain. They provide you with a private key, which permits you to authorise transactions. If you have the private key, you can access your funds anytime and anywhere.
What to Look for When Choosing the Best NFT Wallet
Choosing the right NFT wallet can be confusing, but a good wallet has essential features like robust security, user-friendly, multi-chain support and more! Here are the most important indicators of an NFT wallet worth using.
Strong Security For Digital Assets
Security is the most critical factor when selecting an NFT wallet. Your wallet needs to be secure enough to protect your assets from hacks. Go for wallets that offer multi-factor authentication (MFA), biometric signatures, and cold storage options to protect your assets.
Ease of Use and Accessibility
A user-friendly wallet makes it easier to manage your NFTs if you’re new to the space. Look for wallets with simple interfaces, quick guides, and reliable customer support.
Compatibility with NFT Marketplaces
How will you trade effectively if your wallet is not compatible with the top NFT marketplaces? Compatibility is key when it comes to the best NFT wallets. Ensure your chosen wallet seamlessly integrates with the top NFT marketplaces where you plan to buy, sell, and trade. A compatible wallet eliminates the hassle of transferring NFTs between different platforms, streamlining your trading experience.
Cross-Device Use
Your wallet should be accessible with different hardware and software wallets. You should check how easy it is to set up on other devices. The best NFT wallets for 2024 are accessible on browser extensions, mobile applications, and cold storage devices. Cross-device compatibility allows you to manage your NFTs on the go.
Multichain Support
Analyse the wallet compatibility with the blockchain on which you want to purchase your NFT. This will ensure seamless buying, selling, and holding of your NFTs. Multichain wallets support various blockchains, which allow you to store NFTs from Ethereum, Solana, Binance Smart Chain, and more.
Conclusion
Trading the NFTs requires a wallet with a blend of innovation, security, and reliability. With the best crypto wallets for 2024, you can confidently start your NFT buying and manage your digital assets.
As per our review, here are our top picks for the best NFT wallets that you can use for NFTs:
Ledger Nano X: Ledger is the best cold storage wallet for cryptocurrencies and non-fungible tokens. It also provides you with the highest level of security and is compatible with most blockchain, marketplaces, and platforms.
Zengo Wallet: Zengo is a highly secure wallet with 3FA security features. It is available on both Android and iOS for easy management of NFTs. If you are looking for a convenient wallet where you can buy, sell, trade and swap, you can go for Zengo Wallet.
MetaMask: MetaMask is the best wallet for Ethereum NFTs from marketplaces like OpenSea, Looksrare, and more.
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Frequently Asked Questions
What Are The Key Features To Consider In The Best NFT Wallets?
When you choose your NFT wallet, focus on strong security measures, ease of use, and compatibility with major NFT marketplaces. Other equally important features are cross-device accessibility, multi-chain support, and NFT trading capabilities.
Which NFT Wallets Are Considered The Best For 2024?
As per our detailed review, the best NFT wallets include Ledger Nano X, Trezor Model T, Zengo and Metamask. However, if you are considering buying Solana-based NFTs, check out the Phantom wallet.
Are Hardware Wallets Better For Storing NFTs?
Yes, hardware wallets offer the most security to your digital assets. Wallets like the Ledger and Trezor Wallet offer the highest security level for storing NFTs, as they keep your private keys offline.
Do You Need A Crypto Wallet For An NFT?
Yes, you will need a crypto wallet to store, receive, and manage NFTs. These NFTs are blockchain-based assets, and a crypto wallet is required for interacting with the blockchain. It also helps managing and trading your digital assets.
What Is The Best Ethereum Wallet For NFT?
Metamask is well-known for Ethereum-based NFTs. It is considered the best wallet due to its ease of use, wide compatibility with NFT marketplaces, and large community. However, for added security, you can use Metamask with a hardware wallet like Ledger Wallets to protect your NFTs and cryptocurrencies.
