Cody McGrath 
The popularity of Non-Fungible Tokens and their use cases has increased in the cryptosphere. In this article, we will discuss the top 7 best NFT wallets for beginners.
Non-Fungible Tokens (NFTs) are a particular type of digital token that have unique properties and can’t be broken down into smaller units like fungible tokens such as Bitcoin, Ethereum, or EOS.
These NFTs can only exist as a single unit, and they all have their own unique properties which make them stand out from one another. To get you acquainted with this new technology, here are the top 7 best NFT wallets for beginners to get their hands on these non-fungible tokens.
What are NFTs?
NFT stands for Non-Fungible Tokens. These are special types of tokens that are not interchangeable or identical. While fungible tokens are easily broken down into smaller units, NFTs can only exist as a single unit.
They also have their own unique properties which make them stand out from one another. Due to their uniqueness, NFTs have gained a lot of popularity within the last year.
Tokens that are fungible can be broken down into smaller units, and their value will remain the same. For example, if you buy 100 tokens of ETH, those 100 tokens will equal 100 other tokens of ETH.
This means that if you want to trade some tokens for USD, you will get the same amount in return. NFTs, however, are unique, and their value depends on their individual characteristics.
For example, if you buy 100 tokens of CryptoKitties, each token will be unique and have certain attributes. This means that you will not get the same amount in return when you trade them for USD.
Factors to consider when choosing an NFT
The following are factors to consider when choosing an NFT:
- Ownership
- Security
- Liquidity
Ownership
When it comes to non-fungible tokens, you are the owner of your tokens. This means that nobody else has control over your tokens, and you can use them as you want. When trading, you can also sell your tokens, and no one can come back to you and ask for a refund.
Security
When dealing with non-fungible tokens, you will have to store them in a wallet. To ensure that your tokens are safe, you should ensure that your wallet is secure and safe from hackers. You should also ensure that your wallet is compatible with your tokens.
Liquidity
When dealing with non-fungible tokens, you will have to trade them for goods or services. To get goods or services, you will have to sell your tokens. If you cannot find a buyer for your tokens, you might have to wait for a long time before you get your goods or services.
Top 7 Best NFT Wallets For Beginners
These are the Top 7 best NFT Wallets for Beginners:
- Trust Wallet
- Coinbase Wallet
- Ethos Universal Wallet
- Enjin Wallet
- ZenGo Crypto Wallet
- Crypto.com
- Ledger Nano X
Trust Wallet
This is one of the top NFT wallets for beginners. It is a decentralized wallet provider that is both secure and easy to use. It is available on Android and iOS devices.
Trust Wallet was built for convenience, allowing users to accumulate, send, receive, and stake over 1 million cryptocurrencies and non-fungible tokens (NFTs) from their smartphones.
Coinbase Wallet
Coinbase is one of the most popular digital exchanges in the world. While its core services are for trading cryptocurrencies, it also has a wallet.
Coinbase wallet is considered one of the safest cryptocurrency wallets in the world. Due to its incorporation with the Coinbase exchange platform, investors and crypto-enthusiasts feel safe storing their digital assets in this wallet.
Ethos Universal Wallet
If you want an all-in-one wallet that can store all your tokens and digital assets, Ethos Universal Wallet is a top choice.
The Ethos Universal Wallet is a wallet management system that allows users to quickly and easily interact with their coins while tracking and monitoring diverse assets. The Universal Wallet will allow users to view, send and receive balances of any supported cryptocurrency.
Enjin Wallet
Enjin is one of the most popular NFT wallets for gamers and collectors in the niche. It has an exceptional user interface, and you can easily navigate through NFTs and the DeFi wallet app.
It has its own utility token, the $ENJ. The exchange is the best NFT wallet for users to collect NFTs in-game. You can trade other digital assets using $ENJ on the Enjin wallet.
This web wallet has additional perks, including a tracker-free and ad-free interface. Enjin wallet supports a wide variety of languages and local currencies. The NFT wallet is user-friendly by allowing the setting of trading limits and calculating fees before trading.
ZenGo Crypto Wallet
ZenGo is the first Web3 wallet with no private key vulnerability, secured by encrypted biometrics.
While this technology has been used by billion-dollar institutions for years, ZenGo is the 1st wallet to offer these advanced security features as a crypto wallet.
Crypto.com
Crypto.com is an advanced NFT platform with a wide variety of NFT art.
It is the best NFT wallet with a dedicated NFT gallery where users can view the market’s digital assets. Crypto.com supports Ethereum and Crypto.org NFTs.
Ledger Nano X
Ledger Nano X is a cold wallet where you can store NFTs and cryptocurrency. It is the best NFT wallet for security.
Ledger Nano X is an offline wallet that runs on a trading and storage software device. So, activating the wallet requires an internet connection, but only when confirming your trades.
Conclusion
If you are ready to get into the world of non-fungible tokens, you have to get yourself a wallet. A wallet is a place where you store your tokens so that you can access them later.
If you are a beginner, you should ensure that you get a secure, easy-to-use, and beginner-friendly wallet.
We hope you found this guide helpful. Remember, the best NFT wallet for you depends on your personal preferences. Select the wallet that best suits your needs, and you will be good to go.