Safe Keeping: Best NFT Wallets to Use in 2023

A unique, one-of-a-kind NFT is sort of like a digital version of a rare painting. They represent things like memes, videos, GIFs, and digital artwork. They have no intrinsic value and are highly speculative investments, but these digital assets can yield surprisingly massive returns if you get them right.

But why invest in something so risky? For starters, NFTs have been known to skyrocket in value in short periods of time. For example, Beeple’s digital artwork called “The First 5,000 Days” sold for an astonishing $69.3 million in March 2021.

To get started, you’ll need an account on an NFT marketplace, the best NFT wallet, and funds to purchase the NFT. So, want to give it a try? Who knows, maybe you’ll be the one to find the next million-dollar NFT.

An NFT Wallet is your golden ticket to getting inside the candy factory that is the NFT world. Your wallet is the gateway to be able to receive, send, and trade all the non-fungible tokens you could ever desire.

An NFT Wallet gives you the private key to your address on the blockchain, so you can be sure only you have access and control of your tokens. And because today’s wallets come with user-friendly interfaces and cross-chain compatibility, you don't have to be a tech whiz to operate them. Plus, it's secure and reliable, so you can even trust it to store your most valuable tokens.

With several popular NFT wallets to choose from like Metamask, Math Wallet, AlphaWallet, Trust Wallet, and Coinbase Wallet, you can find one that best suits your needs and start tapping into the world of NFTs like never before.

When it comes to picking the best NFT wallet, make sure it's the right fit for you. You want one that's compatible with your market of choice, has top-notch security, and a fantastically user-friendly interface.

But it's also important to know what qualities to look out for when making a choice. What makes a good NFT wallet? And how can you tell which one is best for your needs?

What to look for when choosing the best NFT wallet

There's no denying it—picking the perfect NFT Wallet can be as nerve-wracking as embarking on a mission to the edge of the universe. Choice is essential when it comes to selecting the best NFT wallet.

You want one that supports all your favorite NFT marketplaces, has strong security, an easy-to-navigate user interface, is accessible across devices, and supports multiple chains.

But there are a few other important qualities that you can’t ignore. Here are five essentials you should look for in an NFT wallet.

1. Safety first: You want keep your NFTs from becoming someone else’s. To ensure your assets stay secure, look for a wallet with two-factor authentication. Make sure you’re using a strong password and don’t keep your private keys or seed phrases on cloud storage.
2. Fun to use: Nobody wants a complicated user interface, so your NFT wallet needs to be reliable. Forget about acronyms and tech-speak—look for one with visuals and intuitive functions that let’s you buy and sell NFTs in a snap.
3. Easy access: Look for an NFT wallet that’s accessible across devices. You want to be able to access your collection on your phone and computer browser so you can take your digital assets anywhere.
4. Multichain: Ethereum was just the beginning of NFTs. It’s important to find a wallet that’s compatible with as many blockchains and layer-2s as possible so you can view all your NFTs no matter what chain they happen to be on.
5. User support: You want a wallet that’s there for you when you need it—good customer service is ready to answer your questions and help make sure you can take care of your NFTs. Keep an eye out for wallet providers with reliable support so you can troubleshoot with ease. 

Those are the five most important things for NFT wallets to have. It may take some effort to find the right one for you, so choose wisely and your wallet won’t let you down.

Let's usher you into our list of the most trusted NFT wallets that you can bank on for your web3 needs.

1. Enjin wallet

Enjin Wallet is a cryptocurrency wallet for Ethereum, Bitcoin, Litecoin, and other blockchains. It's the ideal wallet for NFT collectors as it allows you to seamlessly display NFT collections and quickly buy and sell digital assets. It's also compatible with hardware wallets, and users can create their own NFTs directly in the app.

Powered by the Enjin token (ENJ), over three million people use Enjin Wallet because it's built to trade virtual goods like art and items for blockchain games.

Enjin Wallet attempts to make the crypto journey easier and more secure—it's like a guardian angel for your digital assets. You can use Pancakeswap and 1inch to swap hundreds of tokens without having to leave the safety of your wallet.

Not to mention, the wallet has a slick portfolio view, along with dark mode, so you can check your collectibles and tokens effortlessly in a low-light setting. So, whether you want to create wallets, collect and trade NFT art, swap, or use DApps, Enjin Wallet has you covered.

2. Trust wallet

Trust Wallet is a feature-rich cryptocurrency wallet that lets you securely purchase and exchange digital assets by providing a secure and all-in-one experience. The wallet supports leading cryptocurrencies BTC and ETH as well as over 160,000 other assets and blockchains.

Whether it's stamps, baseball cards, coins, or figurines, nothing beats the excitement of growing your collection. Trust Wallet gives you the same easy and secure experience with NFTs using their app.

With Trust Wallet, you can store your collectibles on Ethereum and BSC in one place—no more searching for different wallets. Getting started is super easy: just download the app, deposit or buy some crypto, and browse through the list of your newest NFTs.

Best of all, you can add fantastic collectibles to your trove, like CryptoPunks, CryptoKitties, Decentraland items, Axies, and more. It’s one of the top NFT wallets you have to download if you’re serious about blockchain.

3. Ledger hardware wallets

Ledger Nano is a hardware wallet used to secure digital assets like cryptocurrencies and NFTs. It's a physical device the size of a flash drive that stores your private wallet keys and is disconnected from the internet to protect you from theft. You use the device every time you want to send tokens or sign blockchain transactions.

Overall, the Ledger Nano is simple, secure, and user-friendly, and the Leger Live software supports over 1,100 coins and tokens. Moreover, it's extremely cost-effective, making it the perfect choice for both novice and experienced crypto investors.

Having your crypto on a Ledger hardware wallet is like a superpower—it makes your NFTs completely invincible. It’s the only tool you need to secure your NFTs and other digital assets by keeping your private keys safe and sound on a secure chip.

Ledger also offers the Nano S and Nano X wallets for an upgraded experience, and will soon release its most advanced hardware wallet yet, the Ledger Stax. It’ll have a touchscreen display so you can show off your NFTs anywhere you go, no smartphone or laptop required.

You can manage your NFT collectibles directly from Ledger Live on your smartphone or computer, where you get real-time updates on your balance and can transact with over 5,500 assets. So, if you want to be your own bank, look into getting a Ledger hardware wallet.

4. Coinbase wallet

Coinbase Wallet is a secure and easy-to-use wallet that allows users to store their cryptocurrency and NFTs in one place, supporting hundreds of thousands of tokens and decentralized apps (dApps).

Unlike a wallet from regular centralized exchanges, Coinbase Wallet is self-custodial, meaning the private keys are stored directly on your device instead of with a third party. This provides a layer of protection and ensures your digital assets are safe from mismanagement or other irregularities.

What makes Coinbase Wallet particularly attractive is its low cost and ability to connect your existing exchange accounts directly to your wallet.

The Coinbase NFT wallet is the ultimate passport to the decentralized web. With support for buying crypto with credit or debit cards in over 90 countries, you can finally get from cash to NFTs with just a few taps or clicks. Plus, you can store all of your Ethereum and Polygon NFTs in one place, and rest assured that your wallet, keys, and crypto are all safely secured.

5. Math wallet

MathWallet isn't just your ordinary, run-of-the-mill wallet. It supports over 100 public blockchains and is a multi-platform crypto and NFT wallet, so you can safely store your Bitcoin and major altcoins like Ethereum, EOS, and Tron.

What makes MathWallet so special is its non-custodial digital wallet feature, creating a secure environment for your personal funds. You can even purchase and sell coins directly within the wallet which is pretty neat. Plus, it offers the best security features—private keys, two-factor authentication, and mnemonic phrases—you name it.

MathWallet is the ultimate way to up your NFT game no matter your experience level.

6. Metamask

Are you an artist looking to get into the world of NFTs? Look no further than MetaMask’s cutting-edge NFT wallet. MetaMask is the most widely used non-custodial crypto wallet with monthly active users surpassing 30 million. It’s secure and convenient, so you can rest easy that your NFTs are stored safely.

Trade securely, transfer safely, and transfer NFTs easily—MetaMask wallet has got you covered on all fronts. You don’t have to worry about scams or being tricked by shady crypto deals because the wallet has built-in protection that’ll prevent your NFT collectibles from ending up in the wrong hands.

It’s super easy to get started, so you can say goodbye to the boring setup process and get right to collecting and trading.

Whether you're a blockchain developer or an enthusiastic NFT collector, MetaMask is the perfect way entry point into web3. So go ahead, fire up the browser, and get started with the MetaMask wallet.

7. AlphaWallet

AlphaWallet is an open source multichain web3 wallet that helps users securely manage NFTs and other Ethereum-based tokens. AlphaWallet is the NFT wallet that does it all. Whether you want to send, receive, trade, or even mint brand-new NFTs, AlphaWallet has you covered.

Founded in 2018, AlphaWallet has helped pioneer the NFT space as one of the first wallets to support NFTs and the first to enable real NFT ticket ownership for fans attending the 2018 FIFA World Cup.

Since then, AlphaWallet has enabled NFT car ownership, spawned new contracts, allowed for gas-free NFT transactions, and even created the first NFT contract with built-in secure delivery versus payment. It also has WalletConnect support so you can hook up your AlphaWallet to desktop dapps.

It’s no wonder that AlphaWallet is the wallet of choice for a growing number of NFT projects and developers. It was used to power tickets to events like UEFA EURO 2020, EDCON 2020, and Devcon 2021.

Just so you know, AlphaWallet is the only open-source mobile wallet platform that's  highly customizable and production-ready. It also uses your device’s Secure Enclave to maximize security and doesn’t require KYC. AlphaWallet is an unbeatable product with the added bonus of keeping your crypto and NFTs safe.

8. ZenGo

ZenGo Wallet is the world’s first keyless NFT and crypto wallet, providing security without compromising on comfort and ease of use. To achieve this, the company’s servers use advanced cryptography to secure the user's account instead of relying on private keys.

The wallet is developed by KZen Networks, an Israeli blockchain company founded in 2018 by Gary Benattar, Ouriel Ohayon, Omer Shlomovits, and Tal Be’ery. The unique combination of security, engineering, and cryptography expertise raised $20 million in series A funding to develop the wallet.

ZenGo offers an easy-to-use, intuitive UI with services such as buying and swapping crypto, making the wallet a great choice for everyday users who want to get into crypto.

Thanks to its MPC (multi-party computation) technology, this keyless wallet has become the standard for preventing cyber theft and wallet loss. It’s a reliable, secure, and accessible option for storing crypto without the possibility of compromising your private keys or seed phrases.

ZenGo's NFT gallery is like a museum for your digital artwork—except instead of being guarded by sleepy security guards, it's fiercely protected by the power of cryptography. Now under the protection of its ClearSign Web3 firewall, ZenGo makes your NFT collection is 100% secure from theft by phishers or wallet drainers.

It's the perfect balance of art and security, so you can admire all your NFTs without worrying about key phishing or cyber-attacks.

NFT wallets are the ultimate party accessory for any digital collector. Without one, you're missing out on all the fun of buying, selling, and transferring your precious digital collectibles. Just think of all the FOMO you'd feel if you can't get your hands on an exclusive NFT.

With an NFT wallet, you'll never have to worry about missing out because it provides you with a way to keep your assets secure without relying on an exchange. Plus, if you ever forget your key, don't worry. Two-factor authentication, multi-device support, and self-custofy ensure that you'll always have a way to get back into your wallet.

And don't forget about all the great features that come with NFT wallets. From cross-chain compatibility to credit and debit card payments, they’ve got it all. Keep track of your assets across different devices with ease and convenience—no more scrambling to find an old address. Additionally, these wallets offer robust security to protect your digital collectibles from malicious actors.

But the most fun thing about an NFT wallet is that you get to join the party. Go ahead and show off your digital collectibles, trade them with your friends, and enjoy the frenzy of the NFT market.

Hot vs cold crypto wallets

Crypto wallets are like pie—they come either hot and cold. Hot wallets refer to web-based, mobile and desktop wallets that are typically provided by crypto exchanges and marketplaces as a quick and easy way to store crypto. Since they’re always connected to the internet, they’re more susceptible to online attacks—which is why we call them “hot.”

Cold wallets refer to hardware wallets, paper wallets, and air-gapped (offline) computers. These wallets are called “cold” because they’re totally offline and resistant to online hacking—you’d need physical access to the wallet in order for anyone to get your NFTs.

Cold wallets are highly regarded for their extra level of security and are usually recommended if you plan to store your NFTs for a long time. The only downside is that you must plug in your cold wallet to the internet before sending crypto or NFTs. 

While there are many types of crypto wallets to choose from, they’re all either hot or cold. Since most crypto wallets are compatible with Ethereum—the blockchain where most NFTs are—it’s not difficult to find a wallet that suits your needs. Most wallets are adding support for NFTs as the market for digital collectibles grows.

How to transfer an NFT to another wallet

Transferring NFTs from one wallet to another is a breeze. You start your NFT migration by accessing the NFTs tab in your wallet, selecting the desired token, and entering the address of the person or entity you want to send it to.

Make sure to double-check the address—the blockchain is merciless, and there’s almost no chance of recovery if you mess up. Now all you need to do is pay any applicable fees and confirm the transaction.

For example, the Metamask app lets you transfer your NFT from one wallet to another by paying a small gas fee. But if you want to sell your NFT, you need to connect your wallet to a platform like Opensea where you can list your NFT for any price you want. Listing your NFT for sale on a platform also inclurs a gas fee for authorizing the token.