Neo is a decentralized blockchain network designed for running smart contracts and decentralized applications. It is one of the top platforms that are competing against Ethereum, the foremost smart contract and dApp networks.
The platform is quite innovative, having speed, efficiency, and low transactions as its main focus, thus bringing improvements to what Ethereum has to offer. The entire ecosystem is powered by two tokens known as NEO and NEO Gas.
NEO is the token that gives users management rights, that is it allows users to vote concerning upcoming developments on the project, while NEO Gas is used to pay for transaction fees on the network.
In this guide, we focus on NEO, the token that empowers holders to vote on management decisions. If you’re considering participating in the Neo ecosystem, you need some of the token and the following are the best crypto wallets to use for the tokens.
NEO GUI
This is the original and official wallet for NEO developed by NEO developers themselves. The wallet allows you to interact with a graphical user interface (GUI), and allows you access to the entire NEO blockchain.
Just like the Bitcoin full node wallet, it takes time to synchronize with the NEO blockchain and then allows you to use it. The wallet is highly secure because of this full access to the blockchain, as you can validate your own transactions.
It is strictly a desktop wallet, which may be a turnoff for those looking for multi platform wallets. You can use it to transact with both NEO and GAS tokens as it supports both. The wallet automatically generates GAS as you hold NEO.
Trust Wallet
If you’re looking for a wallet that supports NEO and other assets, look no further, Trust wallet is the one you seek. This wallet supports millions of crypto assets, making it one of the best options for crypto altcoin investors.
It is also a web3 wallet that is non-custodial, meaning you have full control over the wallet and your wallets help in it. You can use it to stake crypto assets and hold non-fungible tokens, which is a major plus.
The wallet comes as a mobile app for Android and iOS devices, and also has a browser extension that you can use with top crypto browsers like Chrome, Brave, and the others. The wallet is a high security wallet you can use with confidence.
Exodus Wallet
Exodus is a popular crypto wallet among crypto investors that you can use to hold your NEO tokens. It supports sending and receiving of NEO and NEO Gas on the Legacy NEO network only, and not on the N3 blockchain.
Like Trust wallet, it is a web3 wallet with support for crypto staking and NFTs. You can use the mobile version of the wallet and earn impressive passive interest depending on the token you choose, although NEO staking isn’t allowed at the moment.
The wallet is well known for its high security and because it is non-custodial, you have full control over it and your portfolio with no third party interference.
Atomic Wallet
Atomic wallet is another top choice when it comes to securing NEO. It is a multi platform wallet for holding well over 1,000 crypto assets. The wallet is also self-custodial, meaning only you have access to it to manage your assets.
You can use it to stake assets as well as hold NFTs. The wallet comes as a mobile app for Android and iOS devices, as well as a desktop app for top operating systems such as Windows, Mac and others.
The wallet is known for its high security and also supports NEO staking, which is a way to earn passive income for you. This wallet is easy to use, so it was designed for all kinds of users, both beginners and experienced users.
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