Securing your NFTs: What you really need to do?
A lot of new people got into crypto just now with the onset of NFTs. Well folks, you missed most of the fun, but that's not what this post is about.
NFTs, or non-fungible tokens, are digital assets that are stored on a blockchain. This makes them unique and immutable, meaning they can't be copied or changed.
Now, since these are stored on a blockchain, you need a wallet that can interact with that blockchain. That's why you need a crypto wallet.
At the same time, you do not actually need anything special. If you have millions of dollars worth of NFTs, then sure. But for most NFT traders, that will never be an issue.
NFTs are just tokens
The fact that NFTs are just tokens means you can store them in any wallet that is compatible with their blockchain:
- ETH NFTs in an Ethereum wallet
- SOL NFTs in a Solana wallet
- ETC NFTs in an ETC wallet (yes, they're a thing too)
So, when all is said and done, the easiest solution is a multi-coin wallet. The best one of them, and a free one, is Exodus. Exodus is also a staking wallet - just Google it.
The Exodus wallet for a little extra
And last but not least, for SOL NFTs, Exodus now has a product called NFT Gallery. Your NFTs on the Solana blockchain will render as pictures and it's really easy to transfer them like that. That's one more thing that makes Exodus a great crypto wallet for newbies - they really put a lot of work in the crisp and easy-to-navigate user interface.
If you want to use a hardware wallet like Ledger or Trezor, any of their products will do the job just fine.
Just remember: when in doubt, go for Exodus. It's free, it's easy to use, and it has a ton of features. If you want to get more into the nitty-gritty details of each option - read the tips at CoinsGenie!
Things to consider
Still, there are a few things to consider when choosing an NFT wallet. The first is security. Make sure the wallet has a good reputation and is well-reviewed.
The second thing to consider is functionality. Does the wallet have all the features you need? For example, does it allow you to store multiple tokens, or only one type?
Lastly, consider convenience. Is the wallet easy to use? Does it have a good user interface?
These are all important factors when choosing an NFT wallet. So, don't just go with the first option you find. Do your research and find the right one for you!