If you’re interested in collecting or investing in non-fungible tokens, you’ll need an NFT wallet. An NFT wallet is a cryptocurrency wallet that supports the blockchain protocol NFTs are built. It also needs to support the currency you’ll buy NFTs with, such as Ether.
Since most NFTs use the Ethereum blockchain, most Ethereum wallets will work. But some wallets stand out above the rest. Here’s a summary of the best NFT wallets and what to look for when choosing one.
Here are some of the top NFT wallets available right now.
Metamask is one of the most popular cryptocurrency wallets. Its browser extension provides easy access to web3 sites such as NFT marketplaces with just a couple of clicks. Metamask also makes it easy to set up multiple addresses so you can hold your NFTs at an address separate from your cryptocurrency, or you can set up a single address for each NFT you purchase.
ConsenSys, the company behind Metamask, built a mobile application in 2020. Holdings sync flawlessly across the desktop and mobile versions of the wallet. The mobile application also includes a built-in browser for decentralized applications, or dApps, and NFT marketplaces.
If you need to swap currencies to buy an NFT, Metamask has a built-in swap feature. You can also limit how much you pay in gas fees, though there’s the risk of a transaction failing. If you need to use a different blockchain, Metamask offers support for alternative platforms.
Math Wallet offers a strong alternative to Metamask. Its biggest differentiator is that it supports more than 70 blockchains. It provides a web, desktop, and mobile version of the wallet that syncs across devices, and it has integrations with several hardware wallets as well. Math Wallet will also let you create multiple addresses.
Math Wallet has a dApp browser built-in that enables users to view NFT marketplaces. It includes several other features for cryptocurrency holders — staking, swapping, etc. — and it also offers its own utility token.
AlphaWallet is an open-source cryptocurrency wallet. While it has a few limitations — it’s mobile-only and Ethereum-only —its native support for blockchain games and NFTs makes it stand out.
The simple user interface makes it very easy for beginners to understand. There’s a whole section of the wallet dedicated to NFTs and gaming tokens. It also allows users to add meta tags to their tokens so they can easily search and filter them when browsing their collections.
AlphaWallet works directly with OpenSea, CryptoKitties, Dragonereum, and ChainZ Arena, among other NFT marketplaces and blockchain games. Like others, it has a built-in dApp browser to find more NFT marketplaces and direct access to DeFi applications such as Compound.
Trust Wallet is a popular mobile-only wallet owned by Binance. While it supports multiple blockchains, including Ethereum, its association with Binance means that it’s heavily biased toward smart chain tokens. That said, if you’re interested in NFTs on the Binance smart chain, Trust Wallet may be the best option for you since it’s already set up for BEP tokens.
Like other wallets, Trust Wallet includes a dApp browser to find NFT marketplaces, which makes buying NFTs within the wallet easy. It also includes a built-in exchange feature that allows users to easily swap currencies so they have the necessary token to exchange for the NFTs they want to buy.