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10 Best Base Wallets For Storage, Staking and NFTs 

10 Best Base Wallets For Storage, Staking and NFTs 

In this article, I want to discuss the best base wallets for storage, stake, and NFTs.

Choosing the right wallet is essential for the safe storage of your assets and for engaging in the booming DeFi space.

In doing so, I will cover many options, their advantages, security, and the types of users and transactions they may be most appropriate for.

Key Point & Best Base Wallets For Storage, Staking, and NFTs List

WalletKey Point
MetaMaskIdeal for interacting with decentralized applications (DApps) and supports Ethereum-based tokens.
Trust WalletMulti-chain support with an in-app decentralized exchange (DEX) for quick token swaps.
LedgerKnown for high security as a hardware wallet with offline private key storage.
SafePalOffers both software and hardware wallet options with support for a wide range of cryptocurrencies.
ExodusUser-friendly interface with built-in portfolio tracking and staking options.
EnkryptFocuses on Polkadot and Ethereum ecosystems, supporting cross-chain transactions.
YaspFiSpecializes in DeFi interactions, offering tools for lending, staking, and liquidity provision.
ZerionA DeFi-focused wallet with robust asset management and investment tracking capabilities.
Coinbase WalletSupports a wide variety of assets, with an integration to Coinbase exchange for easy transfers.
Brave WalletBuilt into the Brave browser, ideal for web3 browsing and secure token storage.

10 Best Base Wallets For Storage, Staking, and NFTs 

1. MetaMask

MetaMask comes out as one of those custodial online wallets that some coin investors might be willing to use just because it’s worth giving a shot.

MetaMask

MetaMask allows for easy storage management and interaction with a variety of DApps and NFT markets.

In addition to being a wallet, MetaMask has integrated many peripheral protocols, allowing users to sustain, manage, and participate in staking and Defi directly from the wallet.

MetaMask Pros:

  • Fast and secure transactions can be made owing to the easy access to existing DApps.
  • The development team is always busy working on creating new functionalities so the app becomes even more useful.
  • It provides good coverage for hardware wallets, creating an extra layer of security.
  • Pricing for gas is dynamic, hence optimizing the amount spent and transaction speed.

MetaMask Cons

  • It does not support multi-chain networks; it needs to adjust the networks.
  • Responsive in a web-based extension; the mobile can feel slow sometimes in comparison to the browser extension.
  • Has limitations on staking possibilities in comparison with the dedicated staking wallets.
  • Lends itself to phishing attacks due to bad linking practices of users.

2. Trust Wallet

Trust Wallet does an exceptionally good job of bridging various chains, which renders it a decent fit for a plethora of coins and also focuses on its mobile features.

Trust Wallet

Within the wallet, users can stake assets such as BNB and use decentralized applications to buy, trade, and create NFTs.

Users also have DeFi opportunities as the app enables them to swap and stake tokens through integrated DEXs.

Trust Wallet Pros

  • Offers a wide selection of cryptocurrencies and various blockchains.
  • Features a DeFi DApp browser to access Decentralized Finance services.
  • Permits staking of digital currencies with reasonably attractive yields.
  • The intuitive interface is ideal for novice users.

Trust Wallet Cons

  • It could be better in customer support options like the larger exchanges.
  • Some DApps suffer from occasional connectivity terms.
  • Currently available on mobile only and therefore cannot be accessed on desktop.
  • Some blockchains support NFT but integration is far from complete.

3. Ledger

With Ledger in block 5, users don’t have to worry about unknown accounts stealing their assets through the Ledger wallet as it provides cold storage.

Ledger

Users can easily buy and stake several currencies with Trust Vault integrated into the app.

Ledger recently added support for NFTs on Eth and Polygon, which means users can also protect collectibles through the vault.

Ledger Wallet Pros

  • It offers high-security standards due to offline storage and PIN protection.
  • Supports different blockchains and cryptocurrencies within its network.
  • Seamless integration with Ledger Live ensures quick staking and portfolio management.
  • Rugged hardware design — suited for long-term storage.

Ledger Wallet Cons

  • First-time use might be a little bit complicated for new users.
  • It is bound to a hardware device and is not ideal for frequent transactions.
  • Less mobile usability than software wallets.
  • Software-only wallets are much cheaper, but the initial cost is relatively high.

4. SafePal

SafePal comes with both hardware wallets and software wallets, so users will have a wide selection of wallets to choose from, which also gives them options with secure storage.

SafePal

It works with a multitude of blockchain systems and offers staking for assets such as BNB.

SafePal also has a special wallet designed specifically for NFTs and works with the majority of NFT trading platforms, which makes it functional in relation to crypto storage and NFTs.

SafePal Wallet Pros

  • Allows users to make their choice of either hardware or software wallets added with flexibility.
  • Provides a DEX on the app for better and instant crypto trading.
  • It has secured advanced features, including hardware self-destructing capability.
  • Has support for a good number of tokens and blockchain networks.

SafePal Wallet Cons

  • The hardware device may be hard for beginners to understand and use.
  • Smaller wallets have fewer customer support resources than this.
  • Some exchanges may have lower rates than the in-app DEX.
  • Hardware security sometimes calls for firmware updates.

5. Exodus

Exodus is a portfolio-friendly wallet that is aesthetically pleasing with an in-app staking feature that is similar to Cardano and Solana.

Exodus

Though not as broadly geared towards NFTs, it comes with a built-in portfolio monitor and DEX support that is appropriate for the overall management of crypto assets in such a format.

Exodus goes further to provide desktop and mobile versions, which makes it appealing to first-timers and seasoned users alike.

Exodus Wallet Cons Pros

  • The interface is beautiful, and even a beginner in cryptocurrency should have no problems with navigation.
  • Tracks hosted assets in a portfolio with an integrated tracker.
  • Enables staking for many coins directly from within the app.
  • Provides round-the-clock customer service, which isn’t common in crypto wallets.

Exodus Wallet Cons

  • Some components of the code do not have open-source transparency.
  • The application’s internal fees for currency swaps are higher than the external exchanges.
  • Misses out supporting NFT creation on blockchains outside of Ethereum’s most popular chains.
  • It has no multi-signature security feature, despite some users wanting it.

6. Enkrypt

Enkrypt is a web browser extension type of wallet designed to be used in the Polkadot and the Ethereum networks.

Enkrypt

It is particularly well suited for holding and transacting with Polkadot-based assets while also offering compatibility for ETH and NFT.

Its multi-functional capability allows staking within the Polkadot environment, and it is optimal for users who wish to hold and stake Polkadot-centric minimum viable models.

Enkrypt Wallet Advantages

  • Designed to work across Polkadot and Ethereum networks, providing cross-chain capability.
  • Interacts with Polkadot assets and DApps directly without barriers.
  • It features an advanced user interface that is particularly suited for DeFi and Staking.
  • Browser-based quick and easy-to-use extension for immediate browsing.

Enkrypt Wallet Cons

  • Support for networks other than Polkadot and Ethereum is limited.
  • Less adoption means fewer integrations with other wallets.
  • It is restricted on official websites, meaning one cannot use it while traveling.
  • Not many advanced security technologies are available, such as the ability to use a hardware wallet.

7. YaspFi

YaspFi is another DeFi wallet that stands out for its ability to stake, provide liquidity, and lend assets with ease.

YaspFi

It is integrated with staking features, which is especially useful for DeFi users. It is not advantageous for NFT storage.

But it is very useful to those addicts who wish to earn yields regardless of the market condition due to the stakings and other DeFi-related activities.

YaspFi Wallet Pros

  • It offers a range of features, including lending, staking, and liquidity provision, targeted at DeFi users.
  • Simple interface designed for users looking to earn returns on their crypto investments.
  • Includes different staking strategies for varying assets.
  • It has asset management features for tracking investments in DeFi in a single stem.

YaspFi Wallet Cons

  • It supports NFTs only to a limited extent and is therefore inappropriate for NFT investors.
  • Waits for mobile applications, forcing users to use a desktop only.
  • It supports a few blockchains, mainly DeFi, based on Ethereum.
  • There is a smaller number of users, which means fewer auxiliary guides and other materials.

8. Zerion

Zerion is a powerful DeFi wallet that comes with strong tools for managing numerous blockchain assets.

Zerion

This allows users to keep tabs and perform investment management across DeFi protocols, which is convenient for users who wish to stake assets and manage their portfolios.

Zakup of digitals is suitable for NFT holders as Zerion has an allowance for this, so users can look at and manage their digital assets easily within the platform.

Zerion Wallet Pros

  • Let the user communicate seamlessly with a variety of DeFi protocols and DApps.
  • In-built swap function for fast asset exchanges that keeps users within the app.
  • Multiple portfolio configurations provide easy access to view the performance of various assets.

Zerion Wallet Cons

  • NFT support is rather weak when compared to NFT-focused wallets.
  • High gas fees are common due to the reliance on the Ethereum network, which can be a pain at peak times.
  • Compared to bigger wallet services, the number of customer support options is very limited.

9. Coinbase Wallet

Coinbase Wallet is an easy-to-use, secure wallet that supports numerous chains and assets.

Coinbase Wallet

It allows the user to view and save digital art on different blockchains, including Ethereum and Polygon, through its NFT functionality.

Staking of a few cryptocurrencies is available, which allows the user to keep track of tokens, stake assets, and NFTs in one active platform, as Coinbase Wallet is ideally suited for this.

Coinbase Wallet Pros:

  • The simple design is intuitive for all first-time users.
  • It accommodates a considerably extensive range of cryptocurrencies and digital currencies.
  • Excellent matching with the digital exchange of Coinbase for codeless transfers.
  • The biometric login feature and recovery mechanisms are present, making the Coinbase wallet very secure.

Coinbase Wallet Cons

  • It is not totally self-service since the wallet is custodial, and there is limited control over the private keys.
  • Transaction costs are comparatively higher than other non-custodial wallets.
  • The coverage of NFT functionality is likely limited to some, but not all, platforms and blockchains.

10. Brave Wallet

Brave web browser Brave Wallet lets users save, send, and manage multiple assets all within the browser itself.

Brave Wallet

Staking and NFT Management are also supported by Brave Wallet, which integrates with Ethereum and all EVM-compatible networks, making it is a great option for web3 users who want to secure their assets when exploring DApps and NFT marketplaces.

Brave Wallet Pros:

  • It is completely embedded into the Brave browser, and there is no need to install a wallet extension.
  • No registration is needed, unlike most other wallets.
  • Has a secure built-in wallet along with browsing features.
  • The interface is clean and easy to use due to the user-centric design.

Brave Wallet Cons

  • Only compatible with the Brave browser, hence not usable with other browsers.
  • It does not have features such as hardware wallet support, which is advanced.
  • Nascent blockchain has fewer integrations than established wallets.
  • Some minor bugs, including performance issues, could be encountered.

How To Choose the Best Base Wallets For Storage, Staking, and NFTs

There are a few important factors that must be taken into account when looking to select one of the ideal base wallets for storage, staking, or any NFT or NFTs. They are:

Security Features

In order to have a secure funds transfer, one needs to look for security features like hardware bank support and two-factor authentication along with recovery seed phrases, as the latter tends to help in recovering faulty wallets.

Also, look for wallets that offer cold storage solutions to enhance security against online threats.

Preferred Cryptocurrencies and NFTs for your Wallet

Be sure that the wallet can accommodate many cryptocurrencies and NFTs that you expect to keep or trade. Look for support for various blockchains for investment flexibility.

User Experience

The wallet’s graphical interface should be easy to use, depending on the amount of experience.

With a simpler design, there’s always ease in managing assets alongside staking and engaging with NFTs without too much hassle.

Staking Options

If you wish to stake your cryptocurrencies, ensure the wallet has the appropriate staking features for the assets you have purchased. Try to find wallets that are upfront as to what their staking rewards will be, what their moratoriums are, and how easy it is to get access.

Integration with DeFi and DApps to the Wallets

You need to seek wallets that provide support for perimeter control barriers between DeFi’s and DApps, advanced protocols, and setups that enable one to engage in a wide range of financial activities such as lending, borrowing, and trading, among many others.

Customer Support

Here, pay attention to the level of customer support that the wallet provider offers. You may need to contact customer service for any queries you may have regarding wallet usage, making it important for the support provided to be responsive.

Community and Reviews

Reach out to the communities and assess what review they have given to the wallet and its usability. If a flourishing of positive answers is reached, such a wallet is worthwhile to use, while if there are many disregarding comments, there is a reason for it.

Fees and Costs

Identify all the fees to be incurred in the transactions, staking, or activities utilizing certain features. Explanation of the fee format helps in evaluating the feasibility of the wallet with respect to the cost feature.

Conclusion

In conclusion, choosing the best base wallet for storage, staking, and NFTs is essential for effectively managing your digital assets.

Each wallet offers unique features, security levels, and compatibility with various cryptocurrencies and DApps.

By carefully considering factors such as security, user experience, supported assets, and staking options, you can select a wallet that aligns with your needs and enhances your overall cryptocurrency experience.

Investing in a reliable wallet will not only safeguard your assets but also empower you to engage fully in the evolving world of decentralized finance and NFTs.

Nick Jonesh Is a writer with 12+ years of experience in the cryptocurrency and financial sectors. He writes for the coinroop on the same topic of cryptocurrency, including technical stuff for IT folks and practical guides about everything else for the real world. Nick's clear writing is a direct response to the new, crypto financial landscape.