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Tezos Wallets: The Best Wallets for the Tezos (XTZ) Blockchain

August 23, 2023

As a cryptocurrency investor, you probably hold your XTZ on a centralized exchange platform. However, to go further and truly take advantage of the multitude of projects offered by the Tezos ecosystem, including Stables NFTs, you need to use wallets that allow you to interact with this blockchain. In this article, we invite you to explore together the best wallets for Tezos!

Top Tezos Wallets

There are numerous wallets that allow you to connect to the Tezos blockchain and store your digital assets there. Dear Racers, we know that you can be particularly eager, so here's a summary of the best wallets on Tezos:

  • Kukai
  • Temple
  • Umami
  • Ledger

📎 To learn more about Stables, check out all our articles on the blog!

What is a Tezos Wallet?

Ready to start on Tezos and dive into the exciting adventure of Stables? Very well, then know that it all starts with a wallet! Indeed, as a holder of XTZ, the native token of Tezos, you'll need a wallet - also called a "portefeuille" in French - to securely store, send, and receive your funds. This also applies to NFTs, which are simply a variation of a classic token like XTZ.

To borrow the words of the Tezos team, "think of the wallet as the home of your NFT - it's the place where you can securely store and easily access your digital collectibles."

More concretely, a Tezos wallet is essentially software or hardware configured to allow you to interact with the Tezos blockchain with ease. There are two main types:

  • Software wallets: These are usually browser extensions or applications accessible via computers or mobile devices. They are easy to install and use, making them a popular choice for beginners.
  • Hardware wallets: These are physical devices that offer superior security since they are disconnected from the network. While their setup might be a bit more complex, they provide better protection against hacking or breaches.

📎 Learn more by exploring what the Tezos blockchain and its XTZ token are all about!

The Best Wallets for the Tezos Blockchain

Now that you have a better understanding of Tezos wallets, let's explore some of the best options available on the market and their respective benefits to help you make your choice.

Kukai

The Kukai wallet is certainly one of the most beloved by the Tezos investor community. It's particularly praised for its simplicity and user-friendliness. Developed by Klas Harrysson Consulting, a Swedish company, Kukai is completely open-source and has undergone an independent security audit, making it almost an official wallet in the eyes of the Tezos team.

At the end of 2021, Kukai added a feature for storing and displaying Tezos NFTs! It also supports login via Google, Reddit, Facebook, and Twitter. While it's not particularly "Web3 friendly," this feature might appeal to beginners who prefer sending and receiving assets through their accounts rather than long addresses.

Temple

The Temple wallet is also widely used by investors, and it would be difficult to say which one is more appreciated. Nevertheless, Temple has been voted the "best Tezos wallet" by the community since 2021.

The small difference is that Temple operates through a mobile application and/or a browser extension to be installed. This detail likely makes it easier to use, especially when navigating between various decentralized applications.

Like Kukai, Temple allows you to store and display your NFTs. It also supports native creation, purchase, and sale directly within the wallet.

📎 To delve deeper, read our guide on how to create a Temple or Kukai wallet.

Umami

Umami is a wallet that can suit both beginners and advanced Tezos users. It's built by Nomadic Labs, one of the main contributors to the Tezos protocol itself.

There's a mobile version available on Google Play and the App Store, as well as a desktop version for Windows, MacOS, and Linux. Once again, it doesn't function through a browser extension, which might be slightly less convenient than a wallet like Temple.

However, it's worth noting that, for now, the Umami wallet is entirely free. Nomadic Labs doesn't impose any transaction fees, which means the only fees you'll have to pay are the gas fees associated with using the Tezos blockchain.

Ledger

If you're concerned about security, then rest assured, dear Racers, the wallets marketed by Ledger are compatible with the Tezos blockchain.

The physical devices from the French unicorn belong to the hardware wallets category. Thanks to their sturdiness and proven reliability, Ledger keys are widely considered the most secure hardware wallets on the market.

In fact, to meet the growing demand from investors, Ledger has integrated the Objkt marketplace directly into the Ledger Live application, which serves as your device's dashboard. This way, you can view your Stables racehorses directly in your Ledger! To do this, simply connect your Temple or Kukai wallet to Ledger. Feeling lost? No worries, we have a dedicated tutorial to guide you!

Join the other Racers on our Discord server to explore horse racing and feel free to follow Stables on all social networks!

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