Non-fungible tokens, simply known as NFTs had an unforgettable year in 2021. These digital assets managed to climb to the top of the list of investments that are almost guaranteed to make you money. That’s why millions of people decided to dive into this world and try out their knowledge.
What’s even better, is the fact that NFTs allowed people to have fun and make money at the same time. How? Through NFT games, which are games in which you can sell/trade NFTs and reap all of the benefits.
Experts are pretty confident that these digital assets will continue to flourish in 2022 and make yet another boom in the industry. That is the reason why both experienced investors/traders and newbies are looking to dive into the NFT world, have fun and ultimately, double down on their investment and make money.
If you are one of those potential investors, you must be aware of the fact that you will need a safe storage unit for your NFTs. That is exactly what we are looking to help you out with as we are going to provide you with a detailed list of the best NFT wallets of 2022. Without any further ado, let’s start diving into the details.
NOW Wallet
The first wallet on the list is arguably the best. NOW Wallet is one of the newer “players” on the market, but its team made sure to keep track of all the market developments and implemented the best features into their own NFT wallet. Recently added NFT functionality includes ERC-721 and ERC-1155 token types with more options to be released.
First off, NOW Wallet is non-custodial and it does not collect any private information. That makes it extremely secure and trustworthy. It supports the world’s most commonly used payment methods and has advanced settings that will ease your NFT trading experience.
If you ever think of diving into the crypto world and investing in both NFTs and cryptocurrencies, NOW Wallet has you covered as it supports over 350 cryptocurrencies. The support team at NOW Wallet is working non-stop and is always at your service to make sure that it answers all of your questions and concerns.
Pros and Cons
When it comes to listing the advantages and disadvantages of the NOW Wallet, it is worth noting that we hardly found any cons. Trading NFTs is definitely made simple with this wallet and that is why this brand is a common pick for both experienced traders and newbies.
Pros
Next-level security
Supports the world’s most commonly used payment methods
Simple to use
Low fees
Great privacy
Cons
Large transactions may be paused
Trust Wallet
The next NFT wallet that is worth mentioning is Trust Wallet. Using Trust Wallet is rather simple and to get started, you just need to complete the three steps mentioned below.
- Download Trust Wallet
- Deposit or buy NFTs
- Browse for possible trades
Thanks to the fact that Trust Wallet is optimized for use on both Android and iOS devices, you can rest assured knowing that you will be provided with massive flexibility. Downloading and installing the mobile app is rather simple and easy.
First, you need to open Google Play Store or the App Store, depending on whether you are using an Android or iOS device. Search for the wallet, tap download, and wait for the process to be finalized. The installation is automatic and once it’s completed, you can start using it.
Trust Wallet supports NFTs on two of the world’s most popular blockchains – Ethereum and Binance Smartchain. Over the years, this wallet has helped users store some of the most popular collectibles, including CryptoPunks, CryptoKittiesa, and Axies.
Pros and Cons
There’s no denying the fact that Trust Wallet is among the greatest NFT wallets on the market today. However, it does come with a few advantages and disadvantages that are worth sharing. With that being said, let’s take a look at some of its pros and cons.
Pros
Fast and easy download
Available on both iOS and Android devices
Low fees
Easy to use
Cons
Not as secure as other wallets
Enjin Wallet
Next up, we have Enjin Wallet, which is a wallet that allows you to build a rare collection of NFTs with ease. One of the features that make Enjin Wallet a good pick is a fact that if you are using it, you can import your old wallets or track hardware ones. It also allows you to create separate wallets for savings, expenses, or any other category that you may think of. There’s no limit to the number of wallets that you can create with Enjin.
And if that is not enough, Enjin Wallet will provide you with a free NFT by scanning the QR code shown on its official website. Custom fees and limits, fingerprint scanning, auto-add tokens, and easy import and sweep are just a fraction of its additional great features.
Once you download the app on your Android or iOS device, you will instantly be eligible to start your trading journey, which will be safe and seamless. The process of downloading Enjin Wallet is simple:
- Open Google Store or App Store
- Search for Enjin App
- Make sure you have enough storage
- Download and install the app
Enjin Marketplace will allow you to trade NFTs with ease and with massive security. Just like all other wallets that are featured on this list, Enjin also supports various cryptocurrencies.
Pros and Cons
We get now to the not-so-fun part where we list all the advantages of a certain wallet, which in this case is Enjin, but we also list the cons as a way to make sure that we are as transparent as possible with our readers. The pros and cons list will allow you to determine whether Enjin Wallet is a decent pick for you.
Pros
Free NFT via QR scan
Impeccable security
Free to download
Create a separate wallet to store NFTs
Cons
The wallet is not open-source
AlphaWallet
AlphaWallet is an e-wallet that is specifically designed to store NFTs and that is the main reason why we consider it one of the best NFT wallets of 2022. Of course, this is one of the standalone features of this wallet, but that doesn’t mean that AlphaWallet doesn’t have other decent areas that are worth mentioning.
First off, all of your assets are non-custodial. To make sure that you are provided with the highest security level while storing and trading NFTs, AlphaWallet uses the Secure Enclave security system. Thanks to the fact that this is a pure NFT wallet, you can use all NFT related DApps, transfer and sell NFTs, mint new ones, bid in an auction, etc.
No personal data is stored, you can control your gas fee and speed your transactions and this wallet is fully open source.
Pros and Cons
Now, it may sound like Alpha Wallet is the best wallet on the list, but it does have one disadvantage that may affect your NFT experience. Now, the advantages outweigh the disadvantages, but nevertheless, we feel like sharing all the details and letting you decide whether this is a good pick for you or not.
Pros
Pure NFT wallet
Fantastic security
No personal data is collected
Available on all mobile devices
Cons
Only uses the Ethereum blockchain
Conclusion
As you must’ve figured by now, all of the featurettes here have their own advantages and disadvantages. The one thing that they all share is that they are all extremely reputable and are picked by our expert team to be the best NFT wallets of 2022. According to the list of main features that NFT traders might need, NOW Wallet may have a small lead to other competitors. Still, you must always make sure that you take your personal preferences into account before choosing one of the wallets on this list.
|
|
NOW Wallet |
Trust Wallet |
Enjin Wallet |
AlphaWallet |
|
Custody |
Non-custodial |
|||
|
Availability |
Google Play, App Store, Android APK |
Google Play, App Store, Android APK |
Google Play, App Store |
Google Play, App Store |
|
Fiat (VISA and Mastercard) |
Yes |
No |
No |
No |
|
NFT Token Types |
ERC-721 and ERC-1155 |
ERC-721 and ERC-1155 |
ERC-1155 |
ERC-721 |
|
24/7 Support Team |
Yes |
No |
No |
No |
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
