Top 5 wallets to Store Your NFTs

Deefy
4 min readJan 31, 2022

The evolution of NFTs in 2021 has gathered a lot of attention. They were already well known in 2020 but gathered momentum when an artist sold his digital collection for $69 million. Because of events like these, NFT sales increased to $2.5 billion in the first half of 2021.

An NFT wallet in short is a cryptocurrency wallet, a place where we can store our bitcoin and NFT at one location. In this blog, we will be discussing some intriguing possibilities through which you can choose which wallet is the best for storing your NFT’s.

5 Best Wallets To Store NFTs

1 MetaMask

Metamask is a digital wallet especially popular with investors, earlier it was first available as a browser plugin but now it is available as a mobile application. For collecting, storing NFTs it has the best instinctive interface. It is a simple application that offers security features such as secure login and key vault. Moreover, it also allows swapping tokens and managing your digital assets. Metamask is also compatible with Ethereum-based Dapps.

2 Trust Wallet

This wallet has gained a lot of attraction recently, because of its excellent connectivity with Binance. Trust Wallet is an open-source wallet built on Ethereum Blockchain and has an integrated web3 browser, that allows users to access DApps directly.

Trust Wallet supports ERC-20, ERC-223, ERC-721 tokens making it an excellent option for holding crypto tokens and deferring gas fees. Trust wallet is in partnership with the Kyber network, allowing users to exchange cryptocurrencies directly.

3 Coinbase NFT Wallet

Coinbase NFT wallet is a go-to wallet for cryptocurrency enthusiasts, newcomers, and developers. This is one of the best wallets because you get to store your NFT on the wallet instead of storing it on the exchange itself. Coinbase offers total control to the users for their NFs but in terms of security, the wallet is relatively secure. Coinbase is an amazing wallet for beginners, as its user interface is very friendly.

4 Nano Ledger

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Nano Ledger wallet supports ERC tokens. It is a hardware wallet and was the first to employ cold technology. It allows users to store their tokens offline, making it the safest option for them to protect against external threats. Moreover, the wallet built-in apps offer a friendly UI experience which makes it easy for users to complete transactions swiftly. The concept of using hardware wallets may not sound appealing but in terms of security, they are one of the best wallets.

5 Enjin

Enjin is a mobile-only-based wallet. It supports cryptocurrencies such as Bitcoin, Binance, Ethereum, Litecoin, etc. Recently, it also added Polkadot, and ERC-20, ERC-721, ERC-1155 assets. It offers superb security features such as biometrics and auto-lock. Moreover, it also has a friendly user interface. The wallet also has a marketplace for swapping NFTs for ENJ tokens. ENJ is a native token used for purchasing and selling NFTs. However, it gives one-click access to Ethereum-based DApps. Another, outstanding aspect of this wallet is that it offers 247 customer support.

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Deefy

deefy.co is World’s first collateral-less payment infrastructure protocol that allows you to rent, loan, and BNPL on NFTs.