What’s In Your NFT Wallet?

In this Nifty Chicks, “I’m a Safety Girl” tutorial, we will cover how many different wallets you should have. The types of wallets you need & how to help keep you safe in the NFT space.



How Many Wallets Should You Have?
Minimum 3 – possibly up to 5 depending on the amount of trading, your risk aversion & how many projects you are researching & connecting with.

  • Types of wallet
    • Hot – Connected to the internet
      • OpenSea
      • Metamask
      • Coinbase
      • Binance
      • Wax
    • Cold – Physical Hardware
      • Ledger
      • Trezor
      • KeepKey
    • Paper Wallet
      • WalletGenerator

Best 10 NFT Wallets Ever: A Complete List

How to use the different types of wallets:

Hot Wallets:

  • Burner
    • Store almost no ETH – .3-.5 MAX
    • As always depending on your risk level
    • This is for testing the waters
    • Before connecting the Degen & definitely before minting
  • Degen
    • Again for testing & making sure it is safe
    • Max 1 ETH
  • Minting
    • This is what you use for Whitelist (WL) / Allowlist (AL)
    • Only move ETH for mint
    • Move NFT after mint to a Cold wallet

Cold Wallets:

  • Lukewarm
    • What you will use to sign in to OpenSea & CollabLand to verify
    • Store valuable NFTs you need to access frequently
  • Ice Cold
    • This should be a hard wallet you have little to no interaction with
    • Store your prized NFT collection

General Safety Reminders

  • Disconnect from websites you have visited
  • Check your allowance status with sites you have connected with on Metamask & disconnect from those that are needed
  • Never store your seedphrase / password on your computer

NFT SAFETY – Minting:
💡Have a completely separate (empty) wallet dedicated to minting sites.
💡If you *must* have another specific NFT in the same wallet to qualify, move it (don’t use your main wallet).
💡Keep limited ETH here.
💡Once minted, move your NFT to a hard wallet.

Couldn't resist…


Invest in yourself, You are worth it.

NO FINANCIAL ADVICE– The Information on this website, The NiFTy Chicks, is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.

The Information contained in or provided from or through this website and podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.

The Information on this website and provided from or through this website is general in nature and is not specific to you the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this website without undertaking independent due diligence and consultation with a professional broker or financial advisory.

You understand that you are using any and all Information available on or through this website at your own risk.

RISK STATEMENT– The trading of Bitcoins, alternative cryptocurrencies, non-fungible tokens has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.