What is a wallet and why do I need one?
Your crypto wallet exists on the blockchain, it has an “ID”, cryptocurrencies and any NFTs you bought with those cryptocurrencies.
When you create a crypto wallet, you get a "seed phrase" - a set of words that allow you to recover your currencies or NFTs if you lose access.
NEVER TELL THIS PHRASE TO ANYONE. Anyone who knows your seed has full access to your wallet and can buy, sell or transfer any funds or assets.
In order to make transactions from NFT to NFTsky, you need to connect your wallet to login. Connection options include Metamask, Coinbase wallet, Walletconnect.
You can watch a good video here: https://nftsky.io/faqs/getting-started/start-now
What are the features of the best NFT wallets?
Inour expert opinion, it is necessary to understand which features compete:
- Usability. The NFT wallet has an uncomplicated and user-friendly user interface.
- Support for multiple devices. You can use it as a web extension or in mobile or desktop applications.
- Cross network compatibility. Is an NFT wallet cross-network compatible? If not, then it should.
How to choose the right wallet?
Wallets are free, so explore each one to find the provider you like best. MetaMask is one of the most popular variants of the Ethereum blockchain, available both as a mobile app and as a browser extension. Coinbase is a popular wallet that allows you to create a business account.
NFT marketplaces are seeing an increase in scams and hacks, so take care of your precious NFTs