NFTs or non-fungible tokens are the next step forward in the world of crypto. But unlike their cryptocurrency cousins, NFTs exist in the form of artwork stored on the blockchain. These include drawings, pictures, video clips, or even songs.
Far from being the next digital fad, NFTs are highly prized digital assets which have changed up the way we see art and its various forms. Unlike a physical painting, the proof of ownership is on the blockchain. While anyone can create a copy of the item, blockchain data will reveal who the true owner of the said exact item actually is.
All of this has allowed digital artists to actually earn a living from their creations, whereas in the past, digital art was endlessly replicated and stolen. And so, we have seen a rise in various NFT trading platforms and galleries, with one of the most popular examples being OpenSea. It is a New York-based non-fungible token marketplace that began operating in 2017.
Why Do I Need an NFT Wallet App?
You need one of the best NFT wallet apps to safely store your tokens as these are digital assets. Some cryptocurrency wallets such as that provided by Coinbase allow users to store both cryptocurrencies and NFTs at the same time. So keep that in mind if you intend to start getting in on NFTs.
How Do I Start Using an NFT Wallet?
To get started, you first need to download and install the NFT wallet app. After that, you’ll have to create an account with the wallet provider. Some providers require you to provide some personal information for their own purposes.
Reminder: only download wallet apps from trusted sources as crypto scams are extremely rampant. All of the wallets listed here are approved for use with the OpenSea marketplace.
Best NFT Wallet Apps For OpenSea
Here’s my selection of the 5 best NFT wallet apps for OpenSea.
1. Coinbase Wallet
Coinbase Wallet is a non-custodial crypto wallet which lets you store both cryptocurrencies and ethereum-based NFTs. Because it is a non-custodial wallet, all of your assets are stored locally on your phone, thus providing you with an added layer of security.
This wallet lets you make use of a variety of DApps or decentralized apps to buy/sell/browse NFTs. As an added plus, you don’t even need to create a Coinbase account to use the wallet. The only thing you need to do is to sign up with the wallet.
2. Trust Wallet
Trust Wallet makes it possible for users to store both cryptocurrencies and NFTs on a single platform. Unlike other wallets, signing up with Trust Wallet is fast and easy. There’s no need to provide a picture or complete any forms.
And because it’s a non-custodial wallet, you can rest easy knowing that your assets and cryptos are stored locally. You can use this NFT wallet app to access various DApps without having to leave the wallet. More importantly, it gives you the option to purchase cryptos with your credit card, which you can then use to snap up NFTs for your collection.
3. Metamask
Metamask is available for both mobile users and PC users. It has a mobile NFT wallet app and an extension for Chrome. So that way, you can use Metamask whether you’re on the move or on your own PC.
The wallet supports a variety of blockchains and lets you access DApps to buy NFTs. Because Metamask is a non-custodial wallet, all your passwords and keys are generated locally. So that way, you don’t have to worry about data breaches.
4. Authereum
The first thing you’ll notice about Authereum is that this wallet app does not charge any transaction fees whatsoever. More importantly, the wallet works best with any NFTs that are on the Ethereum network. As a 100% non-custodial wallet, only you have access to your funds at any time, thus providing you with an added element of security.
You can also use Authereum with a mobile app if you’re on the go or on a browser. Because Authereum comes with DAI by default, there’s no need to pay for any Ether gas fees. Finally, it’s also good to see that Authereum lets you access DApp browsers within the wallet.
NFT wallet apps are a safe and easy way to effortlessly store NFTs without too much hassle. Just remember to choose the right type of wallet for your purposes. And as always, do your own research first before committing.