Polygon is a cryptocurrency based on the Ethereum platform. Originally called the Matic Network, it was created by Ethereum to solve the issue of scalability. Today, it allows developers to build and deploy their blockchain networks compatible with the Ethereum blockchain.

Through a single click, Polygon enables other Ethereum-based projects to transfer data and tokens between each other by leveraging the MATIC sidechain. The decentralized Ethereum scaling platform is rightfully known for speedy transactions and low fees.

A Polygon wallet is a blockchain wallet of the Polygon variety used for storing and managing the native currency of the Polygon network, MATIC. With the help of the wallet, users can store, send, and receive MATIC easily. So, what are the top Polygon wallets? Let us explore:

1. MetaMask

MetaMask is a popular crypto wallet and gateway to blockchain apps, allowing users to interact with the Polygon network. It has both a wallet and browser extension, which enables you to access Web 3.0 marketplaces with only a couple of links.

Interestingly, the default Polygon NFT wallet is MetaMask because it is easier to use compared to other NFT wallets. Anyone with the most fundamental knowledge of cryptocurrencies can get the hang of it with ease. MetaMask comprises an open-source codebase.

The wallet has a built-in browser for exploring DeFi and NFT applications and also provides support for the direct exchange between crypto-assets. One can store their password and private keys on their devices safely thanks to MetaMask’s superior encryption technology.

2. Coinbase

If you are an amateur Polygon NFT holder, then you will absolutely love using Coinbase. It has a user-friendly interface, and it is easy to learn and use.

Currently, Coinbase supports 50+ different cryptocurrencies, and one can transfer coins by simply using their usernames instead of wallet addresses. You can also leverage its browser extension for maximum NFT trading efficiency.

Safety is not a problem for Coinbase as it offers a one-click option to save a copy of your private keys on a personal cloud for safety.

3. TrustWallet

It is a mobile-only cryptocurrency wallet that enables users to store, trade, manage, and cash their NFTs through a secure system. Many NFT traders like using TrustWallet because of its simple interface and dApp access.

Another feature of Trust Wallet is that it displays your NFT collection beautifully, thanks to its quick setup and clean design. Trust Wallet supports Ethereum and Polygon NFTs and allows one-click access to NFT applications.

4. SafePal

SafePal is a crypto hardware wallet provider that comes with a decentralized mobile wallet app. Although it is not as common as the rest of the options you will find on this list; you must know that it is backed by Binance, the world’s largest cryptocurrency exchange.

The SafePal S1 hardware wallet was launched in 2019 as a much cheaper alternative to Trezor and Ledger, thereby making it an enticing option for many crypto wallet users.

What is wonderful about SafePal is that it can be used separately from the hardware wallet and can be used as a software Polygon NFT wallet by those who do not wish to splash out on the SafePal S1. It supports Polygon NFTs and Ethereum NFTs and has a self-destruct model if it detects a virus or any other cyber attack.

5. Trezor

Trezor is a hardware wallet that can physically connect to your laptop, desktop, and phone to trade in MATIC coins. Developed by Prague-based SatoshiLabs, Trezor is known for building an isolated environment for offline transaction signing.

It supports all essential altcoins, such as LTC, ETH, BTC, and many more. Trezor is compatible with all devices and is non-custodial. However, Trezor costs $75, which you might find a bit steep. However, the security offered is brilliant.

The wallet adds another security layer by adding a PIN code. Trezor wallet has an inbuilt system preventing Brute force attempts. That means if you incorrectly guess the PIN, the time between the guesses increases by a power of 2.

Trezor offers two sub-wallets, namely:

6. MyEther

This is a web-based and tried and tested Polygon wallet that enables you to store all ERC-20 tokens, including the MATIC network, conveniently. One does not need to install or download MyEther as it can be accessed as a browser via the internet.

There is a complete tutorial offered by MyEther that teaches young investors how to trade safely with cryptocurrencies. It has excellent encryption methods that keep the account safe and secure. The keys in the Polygon wallet are stored locally on the device.

You can directly transfer MATIC coins from the wallet to the destination without using any intermediate third-party application. MyEther also has an excellent backup mechanism.

Over to you

The NFT market is constantly evolving, and with Polygon growing at a rate of knots, we would not be surprised to see many other wallet providers also becoming a part of the Polygon NFT ecosystem. We hope this article has given you a solid idea about the various wallets you can use for trading with Polygon NFTs. The ideal Polygon wallet choice should be influenced by your usage and your budget. All the best!