The Gist: Different blockchain networks support different crypto wallets. In this article, we have mentioned the popular crypto wallets for each blockchain and how to receive NFTs in Binance, Ethereum, and Polygon.
NFT is the new rage in the world of technology and now it is getting more popular with each passing day. This novel technology has revolutionized the concept of physical assets. The mainstream media has contributed greatly to making it popular around the world. The million dollars worth of NFT has attracted quite a lot of eyeballs in the last two years.
However, the lack of correct information is costing hugely to the people. There is a large number of people who don’t know how to get an NFT wallet and how to receive NFT. In this article, we have described the popular crypto wallets that you can set up on Binance, Ethereum, and Polygon.
How to buy or receive Ethereum NFTs?
Ethereum is the prime blockchain network that most crypto wallets support. There is a couple of NFT art that are sold for millions of dollars. MetaMask is the most preferred Ethereum crypto wallet however there are more wallets that you might consider.
MetaMask is considered the most standard Ethereum crypto wallet to buy NFT artworks. The simple interface of MetaMask helps beginners to set up a profile, add an account, and buy NFTs. The best part is that you can create an account on the browser as well as on mobile.
Enjin is another popular crypto wallet for Ethereum to purchase NFT collections. You can purchase NFTs and other collectibles in games using ENJ, a native token of Enjin. With just one click you can various blockchain decentralized apps like decentralized finance.
AlphaWallet is the only blockchain wallet that provides services for buying and selling NFTs. It is an open-source Ethereum-based wallet and supports all the major NFT marketplaces like OpenSea, Chainz Arena, and CrptoKitties.
How to buy or receive Binance NFTs?
Binance has now options whether you bid your amount in an NFT auction or make an offer to the seller and purchase NFT at a fixed price. But it is decided by the seller whether he/she wants to sell NFT collections at a fixed price or by auction.
The process of buying and selling NFT on Binance is simple. Follow the guide, set up an account with Binance, and trade NFTs without any hurdles. The platform charge 1% from each trade that takes place on Binance.
How to buy or receive Solana NFTs?
Similar to Ethereum, Solana is also growing exponentially and is considered the next best blockchain network to buy and sell NFT collections. To buy NFT you must have a digital wallet with cryptocurrencies. Many NFT wallets are compatible with the Solana blockchain and hence serve as the best medium of NFT purchase. We have listed 3 standard NFT wallets that you can consider for the Solana blockchain.
- Phantom Wallet
A simple interfaced digital web 3 crypto wallet that is compatible with Solana blockchain. Phantom includes the features and functions that allow you to buy, store, trade, sell, and stake tokens. It is a non-custodian plugin and wallet that enables you to connect with the Solana blockchain easily and securely. Not to mention the data and personal information like IDs and passwords are safeguarded with strong encryption.
- Sollet Wallet
The Sollet Wallet is another major crypto wallet that you can use for trading NFTs. The native token of this platform SOL will help you perform the functions. To add a token to your wallet tap the SOL asset and then the ‘Receive’ option. This will only add SOL to the wallet, other tokens like SRM will be added at their deposit address.
- Solflare Wallet
Solflare is the very first non-custodial crypto wallet created just for the users of the Solona blockchain. It is easy to understand and perform the functions because all the features and functions are designed accordingly. Web wallets are always under threat by hackers and fraudsters, you can also integrate the hardware crypto wallets for safety.
How to buy or receive Polygon NFTs?
This is the new blockchain network and it is in a growing phase. Polygon is known as the Matic network, it is an Ethereum blockchain token. Ethereum is the most efficient blockchain network that provides cheaper and faster cryptocurrencies exchanges.
There are not many crypto wallets that are compatible with Polygon (Matic).
Before purchasing NFT with Polygon you need to connect MetaMask with the Polygon blockchain. After that, you need to tap into the Ethereum main net in this MetaMask wallet and choose the option ‘Special RPC’. Set up a new network and you are ready to receive and send NFTs on MetaMask.
First and foremost, you need to connect your Coinbase wallet with Polygon. Go to Coinbase wallet and tap on the Setting option and select the Polygon network. After you have successfully connected your wallet with Polygon you can easily buy and sell NFT collections.
We have listed three popular NFT wallets of each blockchain network that will help you to buy and sell NFTs easily and efficiently. Security is the main concern for the users and the above-mentioned wallets addresses this concern.
About Krazy Kong NFT
Krazy Kong is one of the exciting ape NFT projects that portray his deep desire to fit into the city. Through Krazy Kong NFTs we want to bring your attention to environmental and social issues like deforestation, animal rights, inequality, and war within and between humans and animals.
We are still at the early stage of our NFT project and planning to drop some exciting NFT collections soon on various platforms. Join our Discord to know more about Krazy Kong NFTs.
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