What is an NFT wallet and why do I need one?

An online wallet like MetaMask allows you to store all your cryptocurrencies and all your assets on the blockchain, including your NFTs.

MetaMask also acts as a gateway to blockchain applications as it provides you with the necessary tools to make payments when buying NFTs, to collect payments when selling NFTs, but also to store NFTs and exchange them from one wallet to another as well as for every transaction on the Ethereum blockchain

metamask

OpenSea is a platform whose sole purpose is to interact with the blockchain, it does not store your NFTs or take possession of your assets. OpenSea is where most of the peer-to-peer NFT exchanges take place, so you will need a wallet as it is a mandatory tool to “translate” your actions into transactions on the blockchain.

All crypto wallets have different features, so here are some tips to help you find the perfect NFT wallet.

User experience: NFTs are already a complicated concept, so it is recommended to choose a wallet that does not have a complicated user interface. So choose wallets that offer ease of configuration and use.

Cross-blockchain compatibility: since the main blockchain for NFTs is Ethereum, most wallets are likely to be compatible with the Ethereum blockchain. However, if you want to buy or sell NFTs on other networks, you will need a wallet that is compatible with other blockchains.

Metamask

Multiple device support: it will be helpful if your wallet supports multiple devices. (Mobile, tablet, computer…)

Some good wallets that will help you get started:
– MetaMask (recommended)
– Coinbase Wallet
– AlphaWallet
– Enjin
– Trust Wallet

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