Once you’ve purchased an NFT, you’ll want to keep it safe.
There are two primary methods to secure an NFT:
- Software wallet. These are browser extensions or apps that can hold cryptocurrency and NFTs. You will need a wallet that is compatible with the blockchains you use. Popular software wallets include MetaMask for Ethereum, Phantom for Solana, and Xverse for Bitcoin.
- Hardware wallet. These are physical devices that can hold crypto and NFTs. Hardware wallets are offline devices, with the connected software wallet requiring all transactions must be confirmed via the device. Popular hardware wallet brands include Ledger, Trezor and NGRAVE.
Both methods utilise a variety of security features. These include the likes of seed phrases, PIN numbers, passwords, and QR codes.
NFT Basics
- What is a Non-Fungible Token?
- Are NFTs the same as Cryptocurrency?
- Common NFT Terms
- What was the first NFT minted?
- What can an NFT holder do?
- Why do collectors buy NFTs?
- Can NFTs be a good investment?
- How Do I Earn Money from NFTs?
- How Do I Purchase an NFT?
- How Do I Pick an NFT to Buy?
- How Do I Find the Rarity of an NFT?
- How Do I Make an NFT?
- How Do I Promote an NFT?
- What gives an NFT its value?
- How Do I Secure My NFT?
- Is It Hard to Sell an NFT?
- How Do I Exchange an NFT for Cash?
- How Do I Trade an NFT?
- How Do I Avoid NFT Scams?
- How Do I Know if an NFT Is Real?
- What Are the Biggest NFT Collections?
- What was the first NFT minted?
- Will NFTs last?