Once you’ve acquired an NFT, you’ll want to keep it secure.
There are two main methods to secure your NFT:
- Software wallet. These are browser extensions or apps that can hold your cryptocurrency and NFTs. You will need to use a wallet that is compatible with the blockchains you use. Many NFT enthusiasts use multiple wallets. Popular software wallets include MetaMask for Ethereum, Phantom for Solana, and Xverse for Bitcoin.
- Hardware wallet. These are physical devices that can hold your cryptocurrency and NFTs. The two main benefits of a hardware wallet is that they store your assets offline, and that if you connect a hardware wallet to a software wallet, all transactions must be confirmed using the physical device. Popular hardware wallet manufacturers include Ledger, Trezor and NGRAVE.
Both methods will utilise an array of security features. These may include, but are not limited to; seed phrases, PIN numbers, passwords, and QR codes.