Cardano Wallets
Wallet-Software of the Cardano Blockchain
What are wallets on Cardano?
The term wallets can be very confusing, so we want to clear things up. The Wallet that holds your funds is on the blockchain, it is public and can be viewed by everyone on the blockchain, everybody can send funds or Tokens to this wallet. Sending funds or tokens out of the wallet is only accessible for the holders of the seed-phrase (Keys) of the wallet. To use the features like sending tokens or funds out of the wallet, you need to access the wallet with a Wallet-Software (Apps or Browser Extensions). Below you will find a list of the most common Wallet Softwares. These Wallet Softwares allow you to create wallets ( you receive the key phrase of this wallet during the creation process of a wallet) but you can also import wallets to that software with the seed-phrase. This is why it is important to store the keys safe. Everybody that has access to the keys, could import the wallet with this keys to any Wallet Software and withdraw your funds.
Keep your seed-phrase (Keys) safe! Everybody with access to these keys can import your wallet with any wallet software to remove your funds. This is also the case if you are using a hardware wallet*. *Hardware wallets are eletronic devices that are adding an additional security layer to your wallet. With a hardware wallet you need to confirm every transaction additionally on the device and not only in the software wallet. But, whoever has access to the seed-phrase, can also bypass this security layer. Further terminology: Harware-Wallet = Cold Wallet
Software Wallet = Hot Wallet
Exchange Wallets
Never use an exchange wallet to purchase NFTs. Most exchange wallets are incapable of holding and managing NFTs. If you use an exchange wallet to mint tokens, your funds and NFT may be lost. In case you used an exchange wallet for minting please reach out to the exchange with your transaction IDs.
There are a lot of self-custodial wallets that are capable of holding and managing NFTs. The best and most common wallets are integrated to NMKR Pay.
Self-Custodial Cardano Wallets
The following is a List of Cardano wallets that are integrated to NMKR Pay and can be used to mint and manage Non-Fungible Tokens as well as Fungible Tokens. NMKR Pay is a payment solution that is constantly being improved, and we are continuously adding new wallets.
Please send us a message to support@nmkr.io if you are missing any wallet that you want to use with NMKR Pay and we will be happy to reach out to the wallet software developers for an integration.
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