Decentraland is a decentralized community governed by the members of the community. MANA is the native token used to power the community, and is also used today as an investment asset.
Since it is an Ethereum-based project, MANA is an ERC-20 token that is supported by any wallet supporting Ethereum.
If you’re one of those considering investing in the token or participating in the Decentraland community, you need to have a good wallet to hold the token.
In this guide, we discuss the top wallets you can use to hold the tokens as you wait for a better time to sell or interact with the Decentraland ecosystem.
MyEtherWallet (MEW)
MEW is a flexible Ethereum wallet that supports all Ethereum-based tokens, including MANA. you can access it through your mobile devices, both Android and iOS as it is mainly a mobile wallet.
It also works with hardware wallets which you only need to connect to the wallet and you can access your assets on the hardware.
The design is kind of complex however, making it unsuitable for beginners who are not yet familiar with how wallets work.
MEW is also a non-custodial wallet, so you get to manage your own assets without any external interference. Since it can also be accessed on the web, it is advisable that users watch out for phishing websites.
Trust Wallet
Trust wallet is a popular wallet among traders and investors. The Binance-supported wallet is known for supporting millions of assets across more than 50 blockchains. You can use it to buy, sell, and trade non-fungible tokens (NFTs) as well.
The wallet also has a dapp browser that also lets you browse the decentralized web. Trust wallet design is simple, letting both experienced and beginner users use it. The mobile wallet isn’t just easy to use, but is also known for its high security.
If you’re the type that likes to take charge of your assets, this wallet will also suit you since it is a non-custodial wallet. You can get it on your Android or iOS devices from their respective stores and start using it to receive MANA immediately.
Ledger Wallets
We can’t really talk about wallets without mentioning Ledger wallets. They are the leading hardware wallets on the market and are known for their convenience and high security. You can use any of the three models of Ledger wallets to boost the security of your assets.
With a combination of DeFisaver and Metamask wallet, you can explore DeFi options using these hardware wallets. You can also use it with the official Ledger Live App which is used to access the wallet from for transactions.
There are thousands of crypto assets supported on Ledger, including MANA. However, the wallet must be paid for, unlike free software or mobile wallets.
Coinbase Wallet
Coinbase wallet ranks among the best mobile wallets to use for MANA. It is a non-custodial wallet that is particularly suitable for beginners because of its simple design.
Coinbase wallet doesn’t only support hundreds of coins and tokens, it also supports non-fungible tokens (NFTs).
It also has a dapp browser which you can use to browse the decentralized web. You can buy and swap your MANA tokens right within the wallet app, whether it is on Android or iOS.
You can also access the wallet as a browser extension for chrome, Brave, and other top web browsers.
Metamask
Metamask is the most popular browser extension wallet that supports MANA. you can install the extension on your Chrome, Brave, or other supported browsers and set it up in minutes. The wallet supports all ERC-20 tokens, so there are several options for you to swap with.
The wallet was originally designed for interacting with the Ethereum blockchain, so it is perfect for exploring dapps such as decentralized exchanges.
Metamask also exists as a mobile app which you can synchronize with the browser extension. Its design also makes it possible for almost anyone to use successfully with no issues.
