NEAR is a decentralized, open-source cryptocurrency and smart contract platform built on the proof-of-stake (PoS) consensus algorithm. The layer-1 blockchain is scalable, fast, and developer-friendly, facilitating the development and deployment of decentralized applications (DApps). A NEAR wallet allows you to store, manage, and trade NEAR cryptocurrency. Whether you are a new or an experienced crypto investor, using a secure, user-friendly, and feature-rich wallet is paramount. This article will introduce the best options for storing and managing NEAR.
Methodology: How we chose the top 8 NEAR wallets
In developing the methodology for selecting the best NEAR wallets, several crucial factors were meticulously assessed and tested over a period of six months. Paramount among these was the aspect of security, features like offline storage of private keys, encryption standards, ease of use and user experience, and range of supported cryptocurrencies. This multi-faceted approach ensured that the selected wallets not only provide top-tier security but also cater to a broad spectrum of user preferences and requirements.
Exodus
Exodus made the list for the top Near wallets because of it long history and standing within the industry. It supports hundreds of cryptocurrencies and a multitude of platforms, including: Chrome, Brave, iOS, Android, Mac, Windows, and Linux. It is user-friendly and easy for newcomers to navigate.
• Facial recognition and fingerprint security
• Coin, token, and NFT support
• Fiat on-ramps
Ledger Nano X
Ledger Nano X was chosen for its reputation as one of the most secure hardware wallets in the market, offering optimal protection for NEAR and other cryptocurrencies without compromising usability. It is best for high-end security, especially for users who prioritize the safety of their NEAR and other cryptocurrencies.
• Supports thousands of cryptocurrencies
• Proprietary app to accompany wallet
• Bluetooth integration
Trezor
Trezor (Model T and Model One) stands out for its high-level security and convenience, making it the safest option for cold storage of cryptocurrencies like NEAR. It is ideal for users seeking the utmost security through cold storage solutions.
• Standard and Shamir recovery
• PIN/Passphrase enabled
• Coinjoin integration
SafePal S1
SafePal S1 is selected for its ability to keep private keys offline, thereby enhancing the security of multiple supported cryptocurrencies. It is optimal for those who want a secure hardware wallet to keep their private keys offline. Its portability and ease of use make it a favorable choice for security-conscious users.
• DApp gateway
• Supports 10 languages
• Secure Element (SE) chip
Guarda
Guarda is favored for its multi-option, non-custodial nature, supporting NEAR and offering user-friendly features for managing and trading various cryptocurrencies across different platforms.
• Live chat customer service
• In-app staking
• iOS and Android support
Trust Wallet
Trust Wallet is popular for its simplicity and ease of use, making it particularly suitable for beginners and available on both iOS and Android devices. This wallet is suitable for users who prefer a multi-option, non-custodial wallet that supports a variety of cryptocurrencies, including NEAR. As it is user-friendly and convenient, it’s best for beginners and those who prefer managing their assets on the go. Its simplicity and availability on mobile devices make it a popular choice.
• Browser extension
• In-app browser
• DApp gateway
Math Wallet
This wallet is ideal for users who need a multi-platform wallet with extensive blockchain and token support. Because it is known for its broad blockchain and token support, it’s suitable for users interacting with various blockchain networks and seeking a multi-platform wallet.
• DApp browser
• Address book
• Hardware wallet support
NEAR Wallet
NEAR Wallet is best for users who are specifically focused on the NEAR ecosystem and prefer a wallet tailored to NEAR’s features and integrations. Specifically tailored for the NEAR ecosystem, it provides optimized features and seamless integration with NEAR’s functionalities, ideal for users deeply invested in the NEAR blockchain.
• In-app staking
• DApp browser
• iOS and and Android
Each wallet was chosen based on specific strengths, such as security, ease of use, and versatility, to cater to different user preferences in managing digital assets, especially NEAR tokens. Learn more about BeInCrypto’s methodology verification here.
Top 8 NEAR Wallets
The open-source NEAR protocol allows the development of wallets or tools compatible with the NEAR network. As a result, multiple wallets support NEAR.
Exodus
With support for more than 335 cryptocurrencies, Exodus is a flexible cryptocurrency wallet that provides a smooth user experience on multiple platforms. The wallet offers credit/debit cards, bank transfers, and Apple Pay as payment methods, allowing users to buy cryptocurrency whenever and wherever they choose within the Exodus mobile app.
JP Richardson and Daniel Castagnoli founded Exodus, a flexible cryptocurrency wallet, in 2015. Since its launch, more than 200 software updates have been released consistently, and the wallet is updated every two weeks.
— Facial recognition and fingerprint scanning
— Buy, sell, and trade crypto and store NFTs
— In-app staking
— Fiat on-ramp
- Simple user-friendly interface
- Non-custodial
- Platform agnostic
- Connect to DApps directly from inside the wallet
- Limited crypto options compared to competitors
- Limited features for extra security
Coinbase Wallet
Coinbase Wallet is a versatile non-custodial wallet that offers an extensive range of functionalities. It’s designed to cater to users interested in a broad array of DeFi and NFT interactions. The wallet is accessible on Android, iOS, and as a browser extension, providing a convenient experience across multiple platforms.
Founded as a cryptocurrency platform, Coinbase launched its wallet to enhance user engagement in the digital asset space. The non-custodial Coinbase Wallet, known for its broad DeFi and NFT support, offers extensive cryptocurrency management across multiple chains, catering to both seasoned traders and newcomers in the world of crypto.
– Platform Access: Direct access to the Coinbase platform is facilitated through the wallet.
– NFT Support: Users can store and manage NFTs (ERC-721 tokens) within the wallet.
– Integration with DApps: Provides access to DeFi protocols and blockchain gaming.
– Wallet-to-Wallet Transfers: Simplifies the process of transferring funds between Coinbase Wallet users.
- Comprehensive support for multiple cryptocurrencies and NFTs.
- User-friendly interface suitable for beginners.
- Advanced security features ensuring asset protection.
- Seamless integration with DApps and DeFi protocols.
- Full control over private keys due to its non-custodial nature.
- Potential for higher transaction and conversion fees.
- Limited control over private keys when using certain services of Coinbase.
- Dependency on Coinbase services, which may not suit users seeking complete decentralization.
- Limited customer support primarily focused on Coinbase’s main platform.
Uphold Wallet
Uphold offers its signature wallet as well. It supports several chains and allows you to store some of your favorite currencies, such as NEAR. It’s accessible for both Android and iOS. With it, you have access to more than 250 cryptocurrencies plus fiat and precious metals.
Uphold is a global digital asset trading platform that is well-known for allowing you to trade a wide range of asset types. Some of these include cryptocurrencies, fiat, and precious metals. Previously known as Bitreserve, the Uphold was started in 2013 by Halsey Minor and relaunched in 2015.
– Multi-support: The wallet supports NEAR and many other cryptocurrencies.
– Platform Access: The Uphold wallet allows you to gain access to your account on the Uphold platform.
– NFT support: You can hold and store NFTs with the Uphold wallet.
- Allows you to access your Uphold account
- Supports multiple cryptos and fiat
- You can hold NFTs with the wallet
- Not non-custodial
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Ledger Nano X
Ledger Nano X is an advanced hardware wallet that allows you to store and manage many cryptocurrencies, including NEAR. The wallet is one of the most secure hardware wallets on the market. As a result, it brings optimal protection to your Bitcoins, Ethereums, XRP, and more without sacrificing usability or control.
In 2014, eight cryptocurrency experts founded the Ledger wallet. The team behind Ledger comprises hardware engineering, software development, and cybersecurity professionals. The CEO, Pascal Gauthier, has a background in hardware engineering and entrepreneurship.
Ledger has grown rapidly to become a respected brand in the cryptocurrency industry. Its products are widely used by investors and traders worldwide, and the company has received funding from renowned investors and venture capital firms. Ledger is headquartered in Paris, France, but has offices and team members worldwide.
– Strong security measures
– Open source with 2FA
– User-friendly and convenient
– Compact, portable design
– Offers integration features with popular cryptocurrency exchanges and support for multiple accounts.
- Device-based and uses USB to store private keys
- Compatible with many devices, including desktop computers and smartphones
- Multiple actions and runs on third-party apps
- Easy to use
- Small screen display
- Lacks touchscreen functionality
- Not fully open source
Trezor Model T
Trezor hardware wallets (the Model T and the Trezor Model One) are highly secure and convenient. To use Trezor with NEAR, you must install the NEAR app on your Trezor device and create a NEAR wallet. It is the safest cold storage wallet for crypt security and financial independence. As a result, it allows you to use, store, and protect coins easily.
Trezor began with crypto enthusiasts Pavol Rusnak and Marek, who launched SatoshiLabs in 2013. The company’s mission is to promote the use of digital currencies and make them accessible to more people worldwide.
The Trezor hardware wallet is a flagship product developed by SatoshiLabs to provide secure storage for cryptocurrencies. This wallet rivals the Ledger as one of the most popular hardware wallets on the market. The Trezor team comprises a group of experienced professionals with expertise in cryptography, security, and software development.
– Trezor is portable
– It has a USB type-C cable for connecting to PCs and smartphones
– Multiple digital assets support up to 1400 cryptocurrencies
– Access to third-party exchanges
– Simplified user interface
- Maximum security features
- Multiple cryptocurrency support
- Open-sourced software
- Uses a touchscreen
- Small screen
- Higher price point than the rest of the hardware wallets
Safepal S1
SafePal S1 hardware wallet provides a secure way to store and manage digital assets. The wallet keeps your private keys offline, making it one of the most secure cryptocurrency wallets. It supports several cryptocurrencies and allows users to view their transaction history and make transactions.
SafePal is a hardware wallet developed by experienced cryptocurrency and cybersecurity professionals in 2018. Safepal’s CEO, Veronica Huang, leads a team of dedicated professionals with hardware development and cryptography expertise.
– Supports multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more
– Its simple and intuitive user interface makes it easy to use, even for beginners.
– Extra security layer
– Mobile-friendly
– Backup and recovery
– Multi-language support
– Unlimited token storage
– Customer support through social media channels, including email and live chat.
- Simple and intuitive user interfaces
- Well price when compared with competitors
- Customer interactions through chats
- No desktop option
- No web-based interface
Guarda wallet
Guarda is a multi-option non-custodial wallet that supports NEAR. It hosts simplified features for storing, managing, and trading your cryptocurrency. Guarda is available on several platforms and is convenient for users with different device preferences. In addition, it facilitates integration with decentralized exchanges and supports multiple accounts.
The company behind the wallet is Guarda Wallet OU, a blockchain startup based in Estonia. Guarda came into existence in 2017 and has become a popular choice for cryptocurrency storage and management. The Guarda team is led by CEO Paul Sokolov and comprises experienced software development, blockchain technology, and cybersecurity professionals.
– User-friendly Interface: The wallet is easy to use and bears clear instructions and a simple layout making it easy to navigate. It offers advanced features for experienced users, such as integrating decentralized exchanges and managing multiple accounts.
– Security: Guarda uses a combination of hot and cold storage to keep your cryptocurrency safe. It locally stores your private keys on your device in a secure, encrypted format. The wallet uses multi-factor authentication for an extra layer of protection.
– Multi-support: Guarda supports many cryptocurrencies, including NEAR, Bitcoin, Ethereum, Litecoin, and many more.
– Non-custodial: Guarda is a non-custodial wallet, meaning users control their private keys.
– Multi-platform: Guarda is available as a web app, desktop app, and mobile app, making it convenient for users with different device preferences. It is available for Windows, Mac, Linux, iOS, and Android.
- Supports a wide range of cryptocurrencies
- Multi-platform
- User-friendly interface
- Strong security measures
- Limited support for fiat currencies and NFTs
Trust Wallet
Trust Wallet is a popular cryptocurrency wallet with millions of users and is available on iOS and Android devices.
Trust Wallet is a mobile cryptocurrency wallet founded in 2017 by Viktor Radchenko. Originally a wallet for Ethereum and Ethereum-based tokens, it has since expanded to support various cryptocurrencies.
In 2018, Binance acquired Trust Wallet. It is free to use, and users can waive transaction fees by holding at least 100 STWT tokens.
– Multiple cryptocurrencies support
– Easy to manage your assets and transactions
– Password protection and biometric authentication to protect your assets
– Mobile-friendly
– Build-in DApps browser
– Small, light, and easy to carry
- Secure
- Available on both iOS and Android devices for NEAR wallet download
- DApps browser that allows you to interact with decentralized applications on the Ethereum blockchain
- Supports multiple digital assets
- Non-custodial
- Allows staking
- No offline storage
- Limited customer direct support
What to look for in a NEAR wallet?
Choosing the best NEAR wallet that meets your needs and offers the security and convenience you desire is vital. Consider the following factors:
Security
The security of your wallet is critical as it protects your cryptocurrency from being stolen or lost. Look for strong security measures, such as multi-factor authentication, hardware wallet integration, and cold storage options.
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Ease of use
Choosing a user-friendly wallet that is easy to use is paramount, especially if you are a beginner. In addition, it helps to look for a wallet with a clean, intuitive interface and clear instructions on how to use it.
Compatibility
Ensure compatibility with your device and operating system. For example, if you use a mobile app, ensure it is available for your phone’s iOS or Android platform.
Features
Different wallets offer various features, so it’s prudent to consider the ones that matter to you. Some features include support for other cryptocurrencies, integration, staking options, and the ability to interact with DApps.
Reputation
Consider products with a good reputation in the cryptocurrency community. Read reviews and ensure to do your own research to ensure the reliability and trustworthiness of the products you use.
The best NEAR Wallet depends on your needs
All the above NEAR wallets are reliable and secure options for storing and managing digital assets. Trust Wallet is popular for its simplicity and user-friendliness, making it a good choice for beginners. Meanwhile, SafePal focuses on security and is easy to use. Ledger and Trezor are hardware options that provide an extra security layer by keeping your private keys offline. Guarda offers various features to support different cryptocurrencies. Ultimately, the best wallet for you will depend on your specific needs and preferences.
Frequently asked questions
What wallets are compatible with NEAR?
Can I buy NEAR on MetaMask?
What wallets are compatible with NEAR?
Can I buy NEAR on MetaMask?
How do I buy NEAR tokens in the U.S?
Does Coinbase accept NEAR?
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