The Best Wallets To Store Nano and Send/Receive Transactions

[TravisJames 14]

Hello everyone. Just thought I would make a post so more people are aware of the options you have for storing your Nano. 

For those that do not know Nano is a fee-less, near instant, environmentally friendly cryptocurrency that uses Direct Acyclic Graph (DAG) technology that integrates Block Lattice structure along with Open Representative Voting (ORV). You can check out the official Nano Website if you are interested in learning more.

Currently there are two popular wallets among Nano holders to use when storing Nano or sending/receiving transactions. Both are open-source and are verifiably safe to use.

1) Natrium - Robust, Fast, and Secure Mobile Wallet compatible with most phone devices

2) Nault - A client-sided signing wallet for sending/receiving Nano through your browser or desktop app

*There are also a few other multi-currency wallets that support Nano such as Exodus and Atomic Wallet however, none of these will allow you to assign your voting weight towards a representative. If you would like to contribute to the decentralization of the Nano network then using Natrium or Nault is highly recommended/appreciated.

Regards!

[Whited35 15285]

10 hours ago, TravisJames said:

1) Natrium - Robust, Fast, and Secure Mobile Wallet compatible with most phone devices

2) Nault - A client-sided signing wallet for sending/receiving Nano through your browser or desktop app

I am familiar with the decentralized Natrium wallet but Nault is new to me. Can you make me clear what are the remarkable features does Nault have over the Natrium wallet? It is true, original built NANO wallet can allows holders to use more features than the wallet like Exodus. 

[TravisJames 14]

10 hours ago, Whited35 said:

I am familiar with the decentralized Natrium wallet but Nault is new to me. Can you make me clear what are the remarkable features does Nault have over the Natrium wallet? It is true, original built NANO wallet can allows holders to use more features than the wallet like Exodus. 

The main difference between Natrium and Nault is that Nault is supported on Web, Win, Mac, and Linux Systems while Natrium is supported on iOS/Android systems. Another difference is that Nault supports ledger support and recovery while Natrium does not.

Yes these wallets provide more features/control that other wallets like Exodus which are closed-source. One example is that Natrium/Nault offer Contact Books and Multi-Account features.

 

 

These wallets will also allow you to import/export seeds (not offered on Exodus) and private key import/export (not offered on Exodus) and while Exodus will allow import/export of Mnemonic phrases, it currently only uses 12-word Bip39/44 private key derivation while wallets like Nault/Natrium offer 24-word Blake2b

 

There are other difference also. If you would like to learn more about all of the wallets in the Nano Ecosystem, https://nanowallets.guide/ offers a pretty good breakdown between each wallet and what it provides. 

[Whited35 15285]

11 hours ago, TravisJames said:

The main difference between Natrium and Nault is that Nault is supported on Web, Win, Mac, and Linux Systems while Natrium is supported on iOS/Android systems. Another difference is that Nault supports ledger support and recovery while Natrium does not.

Thanks for mentioning everything so nicely for the different NANO wallets. Looking like Nault can fulfill my demands if I wish to install it on my Windows PC. Oh recovery feature for Nault sounds impressive, I do check it out. 

11 hours ago, TravisJames said:

These wallets will also allow you to import/export seeds (not offered on Exodus) and private key import/export (not offered on Exodus) and while Exodus will allow import/export of Mnemonic phrases, it currently only uses 12-word Bip39/44 private key derivation while wallets like Nault/Natrium offer 24-word Blake2b

Yes, I have managed to import import and export seeds for Natrium wallet but Nault has to be tested. 

11 hours ago, TravisJames said:

There are other difference also. If you would like to learn more about all of the wallets in the Nano Ecosystem, https://nanowallets.guide/ offers a pretty good breakdown between each wallet and what it provides. 

Thanks for the link. Sure it is going to be very helpful to proceed everything correctly 😉

[Nina26 118]

Well actually It's my first time to heard about natrium and nault wallet. I had no idea about this. But thanks to you i get to know this important information. Hope this will help me in future. 

[TravisJames 14]

On 4/9/2021 at 5:12 AM, Nina26 said:

Well actually It's my first time to heard about natrium and nault wallet. I had no idea about this. But thanks to you i get to know this important information. Hope this will help me in future. 

Your welcome =).

If you are into Nano both of these wallets are definitely worth while to get familiar with and learn to use. They are pretty much the two most popular dedicated wallets available within the eco-system and allow the most control over your Nano ands it's decentralization.

[TravisJames 14]

On 4/23/2021 at 11:27 PM, F Roberto said:

Thank you for this good update. I am always glad to be a member of this great platform because i usually get to learn new things in Cryptocurrency world on a daily basis in this platform. To be sincere, this is my first time of hearing nano as fee less coins, i don't even know there is a coin called not before i came across this topic today.

Your welcome. If you are interested in learning more about Nano heres a few links to get you in the right direction:

Website - https://www.nano.org

Whitepaper - https://docs.nano.org/whitepaper/english/

Twitter - https://twitter.com/nano

Technical Discussion - https://www.reddit.com/r/nanocurrency/ 

Price Discussion - https://ww.reddit.com/r/nanotrade/

Market Capitalization - https://coinmarketcap.com/currencies/nano/

CryptoTalk Discussion - https://cryptotalk.org/topic/96775-nanocurrency-nano-what-is-everyones-thoughts/

Regards!

 

Edited April 28, 2021 by TravisJames