{"id":5921,"date":"2021-08-27T12:20:07","date_gmt":"2021-08-27T09:20:07","guid":{"rendered":"https:\/\/godex.io\/blog\/?p=5921"},"modified":"2025-01-17T18:54:11","modified_gmt":"2025-01-17T16:54:11","slug":"10-best-neo-wallets-to-store-neo","status":"publish","type":"post","link":"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo","title":{"rendered":"10 Best NEO Wallets to Store NEO"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_25_1 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#what_is_neo_neo\" title=\"What is Neo (NEO)?\">What is Neo (NEO)?<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#smart_economy_by_neo\" title=\"Smart Economy by NEO\">Smart Economy by NEO<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#neo_tokens\" title=\"NEO Tokens\">NEO Tokens<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#what_is_neo_wallet\" title=\"What is NEO Wallet?\">What is NEO Wallet?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#why_do_people_invest_in_neo\" title=\"Why do People Invest in NEO?\">Why do People Invest in NEO?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#types_of_neon_neo_wallets\" title=\"Types of Neon (NEO) wallets\">Types of Neon (NEO) wallets<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#mobile_neo_wallet_pros_and_cons\" title=\"Mobile NEO Wallet: pros and cons\">Mobile NEO Wallet: pros and cons<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#desktop_neo_wallet_pros_and_cons\" title=\"Desktop NEO Wallet: pros and cons\">Desktop NEO Wallet: pros and cons<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#online_or_web_neo_wallet_pros_and_cons\" title=\"Online or Web NEO Wallet: pros and cons\">Online or Web NEO Wallet: pros and cons<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#hardware_neo_wallet_pros_and_cons\" title=\"Hardware NEO Wallet: pros and cons\">Hardware NEO Wallet: pros and cons<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#paper_neo_wallet_pros_and_cons\" title=\"Paper NEO Wallet: pros and cons\">Paper NEO Wallet: pros and cons<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#what_to_look_for_in_a_neon_wallet\" title=\"What to Look for in a Neon Wallet?\">What to Look for in a Neon Wallet?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#hot_neo_wallets_pros_and_cons\" title=\"Hot NEO Wallets: Pros and Cons\">Hot NEO Wallets: Pros and Cons<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#cold_neo_wallets_pros_and_cons\" title=\"Cold NEO Wallets: Pros and Cons\">Cold NEO Wallets: Pros and Cons<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#top_10_best_neo_wallets\" title=\"Top 10 Best NEO Wallets\">Top 10 Best NEO Wallets<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/godex.io\/blog\/10-best-neo-wallets-to-store-neo\/#conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_is_neo_neo\"><\/span><span style=\"font-weight: 400;\">What is Neo (NEO)?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Founded in 2014 as the first Chinese blockchain company to open source to the public, NEO is now ranked 33rd according to <a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/coinmarketcap.com\/currencies\/neo\/\">CoinMarketCap<\/a>. NEO is a large-scale blockchain project, which was conceived as a &#8220;smart economy&#8221; with the ability to digitally identify and automate business processes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The idea behind NEO is a completely new look at the economy, combining traditional mechanisms with the digital economy into the so-called smart economy. NEO has managed to implement blockchain-based smart asset management in a secure, efficient, and legally clean manner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Against the background of other cryptocurrencies, NEO distinguishes two major peculiar properties: Smart-economy project and its tokens.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"smart_economy_by_neo\"><\/span><span style=\"font-weight: 400;\">Smart Economy by NEO<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">NEO&#8217;s goal is to combine digital identity, digital assets and smart contracts, that is, to organize the transfer of assets between different economic agents with minimal costs. At the same time, the system is open to everyone and does not require participants to trust the central authority, and its rules and organization are transparent and fair for everyone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The system is capable of handling millions of transactions per day and is forcing banks and other organizations to reconsider their business models.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"neo_tokens\"><\/span><span style=\"font-weight: 400;\">NEO Tokens<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The <a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/coin\/NEO\">NEO platform<\/a> uses two different tokens: NEO and NeoGas (GAS). The NEO network charges GAS as a blockchain fee (like the Ethereum network). GAS finances blockchain operations &#8211; changing the status of assets and registering smart contracts &#8211; which creates economic incentives for network participants. At first glance, the system is confusing, but in practice, what is happening is beneficial to all project participants.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NEO is constantly evolving. One of the most recent breakthroughs was the transition to the new blockchain version N3, which was released in March this year. So, holders of NEO and GAS tokens will need to transfer them from Neo Legacy to N3 in order to experience all the benefits of the new update.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"what_is_neo_wallet\"><\/span><span style=\"font-weight: 400;\">What is NEO Wallet?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NEO wallet is a storage that will allow you not only to store the cryptocurrency of the same name, but also to send, buy and exchange it. Due to its popularity, there are many wallets that are compatible with this cryptocurrency. However, there are also several official NEO coin wallets:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Neo-GUI &#8211; a full-node application compatible with <\/span><span style=\"font-weight: 400;\">Windows 10 and macOS systems<\/span><span style=\"font-weight: 400;\">; NEO-CLI &#8211; a <\/span><span style=\"font-weight: 400;\">command-line client;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NeoLine &#8211; Chrome Plugin-Wallet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A NEO wallet should be secure enough so that you don&#8217;t have to worry about your assets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It has two security keys: public and private. Based on the name of the first one, you can guess that it can and should be communicated to other people who want to send you coins to your account. It represents the public address of the wallet. The closed one opposite must be kept secret. It is the access code for your account, which means that the one who knows it owns the wallet and its contents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the advantages of NEO holders is passive earnings in the form of GAS tokens. In addition, the reward can be increased for active participation in the network, such as, for example, voting.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"why_do_people_invest_in_neo\"><\/span><span style=\"font-weight: 400;\">Why do People Invest in NEO?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When creators and developers have faith in their product, that confidence is passed on to users and investors. Take, for example, the recent release of the new version of NEO 3.0, which has a number of significant improvements over its predecessor. These include powerful features, a highly modular yet simplified architecture, and an improved governance and economics model. Not many other cryptocurrency projects can boast of such an organized and systematic contribution to the development of the ecosystem as NEO does.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As for the value of one NEO coin, it is $ 32.48, and the market cap is $ 2,287,513,928 (at the time of writing, according to the CoinMarketCap). The highest cost of NEO in the last 3 months reached $ 140.37, and the lowest $ 30.53. Apparently, the cost will increase, so now is a good time to buy NEO. Of course, predictions about the value of NEO are completely different.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Wallet Investor&#8217;s long-term forecast, the NEO rate could reach $ 103.70 within 5 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Crypto Ground&#8217;s long-term prediction, NEO could rise to $ 195,352 within 5 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are, of course, absolutely fantastic predictions in which the cost of NEO either drops to $ 9 or soars to almost $ 800. So you shouldn&#8217;t rely completely on almost unsupported forecasts. Anyway, analyzing the ongoing development of this project and the price behavior, we can conclude that the NEO is worth the investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Be that as it may, the development of events speaks of the reliability and prospects of NEO, which means it&#8217;s time to find a suitable wallet for your investment.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"types_of_neon_neo_wallets\"><\/span><span style=\"font-weight: 400;\">Types of Neon (NEO) wallets<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In order to choose a wallet that would meet the goals and expectations, it is necessary to understand what types of wallets can be found in the pockets of the holders of the NEO cryptocurrency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All wallets are divided into different categories according to certain characteristics or features.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, there are cold and hot wallets. Cold wallets are blacklisted by all hackers because they are not connected to the network, which means they cannot be hacked. Unless they can break into the house of a cold wallet owner and steal it using the \u201cgood\u201d old method. Though in this case it will no longer be a cyber attack, but a real burglary! On the contrary, hot wallets, like hot pancakes, are very attractive to online scammers. Since they are either connected to the network, or are part of it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You might think: &#8220;So what\u2019s there to think about!? I should take a cold one!&#8221; However, it\u2019s not that simple. Using the network provides a number of opportunities that cold wallets do not have. Thus, both have advantages and disadvantages. Therefore, the choice depends on what is more important to you and how you are going to use the coin storage. If you intend to store large quantities of NEO coins, safety comes first.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"mobile_neo_wallet_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Mobile NEO Wallet: pros and cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you plan to frequently access your wallet for various transactions with NEO, you will most likely want to have a mobile wallet. It is user-friendly, easy to install on a smartphone and always at hand. However, what is too simple and mobile is usually less secure.<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to access<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to instal<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Free<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Less secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Less functional<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"desktop_neo_wallet_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Desktop NEO Wallet: pros and cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Desktop wallets are installed on a computer or laptop. They are more functional mobile ones. The security of such wallets depends entirely on how secure the device is. Therefore, it is very important to have the best software to protect your computer from malware.<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to access<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Private key access<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Free<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Less secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Manual updates<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"online_or_web_neo_wallet_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Online or Web NEO Wallet: pros and cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">NEO online wallets are similar to storing bank card data on an Internet resource. You just need to create your wallet using certain websites.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to access<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to instal<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Free<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Less secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">No access private key<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"hardware_neo_wallet_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Hardware<\/span> <span style=\"font-weight: 400;\">NEO Wallet: pros and cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Hardware wallets are considered the most secure. They often look like a USB flash drive or a miniature hard disk. If this type of wallet is connected to a device that, in turn, is not connected to the network, it is cold and therefore secure.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Advanced options<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Expansive<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Less accessible<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"paper_neo_wallet_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Paper NEO Wallet: pros and cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It is also as secure as a hardware one, but it is a bit less convenient and functional. To get it, you need to print off the private and public keys on the piece of paper, using a special website.<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Free<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Can be physically damaged or lost<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"what_to_look_for_in_a_neon_wallet\"><\/span><span style=\"font-weight: 400;\">What to Look for in a Neon Wallet?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You should be very careful when choosing a wallet, since you are going to entrust your expensive coins to it. Among the abundance of diverse wallets, you can get confused, and sometimes get screwed by entrusting your digital assets to an unreliable storage location. Therefore, it is recommended to create a checklist with the necessary factors that you should pay attention to when considering a particular wallet. Yes, the wallet competition is going to be tough, but in the end you will get exactly what you need.<\/span><\/p>\n<p><b>NEO compatibility. <\/b><span style=\"font-weight: 400;\">There are many wallets, and even more cryptocurrencies. Therefore, it is very important to check the updated data regarding which cryptocurrencies are supported by the wallet that you like.<\/span><\/p>\n<p><b>Security. <\/b><span style=\"font-weight: 400;\">There are several features that can help keep your coins safe. Among them are two-factor authentication, PIN codes, identity verification, encryptions, and so on. The more layers of protection your wallet has, the better your sleep will be.<\/span><\/p>\n<p><b>Ease of use. <\/b><span style=\"font-weight: 400;\">The topic of cryptocurrencies itself is quite complex, so a wallet should make it easier to manage your digital assets. Pay attention to the user interface. It should be as clear as possible. Sometimes a complex wallet packed with various features does not mean that it\u2019s good.<\/span><\/p>\n<p><b>Key management.<\/b><span style=\"font-weight: 400;\"> It is very important to make sure that you will be the owner of the security keys and that they will not be passed on to a third party. You will not give out the keys to your apartment or car, right ?! The same applies to the NEO wallet keys, which provide access to the account, and also confirm that you are the owner of the cryptocurrency.\u00a0<\/span><\/p>\n<p><b>Advancement. <\/b><span style=\"font-weight: 400;\">NEO is a project that is constantly evolving. Accordingly, the wallet should have an active development team who will update and add new useful functions in accordance with new technologies and trends.<\/span><\/p>\n<p><b>Good reputation. <\/b><span style=\"font-weight: 400;\">Genuine user reviews are the best advertisement. From them you can learn about the disadvantages and advantages of wallets. Therefore, always try to read them. But beware of the paid ones, as they are of little use.<\/span><\/p>\n<p><b>Customer support. <\/b><span style=\"font-weight: 400;\">The world of cryptocurrencies is unpredictable, so find out who and how you can turn for help in case of unforeseen difficulties with the management of NEO. Good customer service always responds quickly to customer inquiries.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"hot_neo_wallets_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Hot NEO Wallets: Pros and Cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As we mentioned earlier, wallets are divided into two large groups: hot and cold. Hot ones are those that are somehow connected to the network. It is an online wallet, mobile wallet and desktop wallet. Among other things, NEO hardware wallets can also be hot if they are connected to a device that has Internet access.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since the Internet is full of cyber threats, these types of wallets are inferior to cold wallets in terms of security. However, they also have a number of advantages. They are easy to use, feature rich and free.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cryptocurrency traders who have their finger on the pulse, waiting for the opportunity to benefit from fluctuations in the exchange rate, for obvious reasons, prefer hot wallets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, if you are not planning to invest in a large number of NEO coins, there is no point in spending money on cold hardware wallets. In any case, the developers are constantly working to improve hot wallets, so that they become more reliable and convenient.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0 Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0 Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to access<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Easy to use<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Suitable for storing small quantities of coins<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Less secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Manual updates<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"cold_neo_wallets_pros_and_cons\"><\/span><span style=\"font-weight: 400;\">Cold NEO Wallets: Pros and Cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Cold wallets are wallets that are not connected to the network. They are safe and reliable, so they can be trusted with a large amount of NEO. These are physical devices that you connect to a computer, for example, to transfer coins from or to an exchange, and then disconnect it. There is interaction with the network, but it is very short-lived. In addition, these wallets have heavy-duty protection. This type of wallet also includes paper wallets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The only drawback is the cost, but it is not worth saving on security. If you want to trade and buy NEO, so to speak, be on the crest of the wave, this type of wallet is unlikely to suit you.<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Pros\u00a0<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>\u00a0Cons<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Secure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Reliable<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b06<\/span><span style=\"font-weight: 400;\">Suitable for storing large quantities of coins<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Expensive<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2b07<\/span><span style=\"font-weight: 400;\">Not for traders<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"top_10_best_neo_wallets\"><\/span><span style=\"font-weight: 400;\">Top 10 Best NEO Wallets<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Favorites of 2021, which users have entrusted their NEOs:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ledger Nano X<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ledger Nano S<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Binance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cex.IO<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ansy Neo Paper Wallet<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Neon Wallet<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Neo Tracker<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Neo Wallet<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Neo CLI<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Atomic Wallet<\/span><\/li>\n<\/ol>\n<ul>\n<li aria-level=\"1\"><b>Ledger Nano X<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Thanks to innovative solutions, the latest version of the hardware wallet has already found many fans. Along with strong security features, which include a PIN code, two-factor authentication and a backup function, the wallet has a large screen, and Bluetooth, which will allow you to manage your crypto on the go. It supports more than 1500 cryptocurrencies and is compatible both with computers (macOS 10.10+, Windows 8+, Linux) and smartphones (iOS 9+ or Android 7+). Its price is around $119.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Ledger Nano S<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Although this model is older than the Nano X, it is worth considering for digital asset storage. Its security is at the same highest level, and thanks to its tiny size and shape, which resembles a USB flash drive, it is easy to carry around. In addition, its cost is half that of the Nano X.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Binance<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you are not new to the world of cryptocurrencies, you have probably heard of this legendary exchange platform. It provides an exchange-based NEO Wallet. By creating a profile here, the user will be able to exchange supported cryptocurrency coins and buy coins for fiat money. Since it is a hot wallet, it is very convenient, especially for traders, but not as secure as cold wallets. Nevertheless, Binance&#8217;s reputation as a reliable and decent exchange can serve as a guarantee for the safety of your assets.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Cex.IO<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Being mainly a crypto trading platform, like Binance, Cex.IO also offers a place to store coins. Thanks to the application, which is compatible with all Android and iOS devices, the platform is easy to use for instant transactions. This option is also suitable for active traders.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Ansy Neo Paper Wallet<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">One of the safest ways to store Neo coins is with a paper wallet, which is then stored in a safe place. Ansy is one such minimalist paper wallet which is a piece of paper with the user&#8217;s encrypted private key and public key printed on it. All you need to create it is to visit the site, press the GENERATE button to automatically create the repository and print the wallet following the instructions. Ansy is just a key generator. The service does not provide an interface for managing assets.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Neon Wallet<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It is a desktop wallet developed by the City of Zion team and is one of the best NEO wallets for Mac. The application is easy to install. In terms of security, the fact that the Ledger Nano S uses the Neon Wallet means that it is quite safe and reliable. The great thing is an automatic GAS crediting when adding NEO coins.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Neo Tracker<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This is another great and easy-to-use web wallet that gives users the ability to manage their private keys by keeping no personal information or wallet data stored on network sources. This, of course, adds to the reliability and security of this storage. It is compatible with both browsers Chrome and Edge, allowing them to keep all of the user&#8217;s secure information for transactions. Please note that it is only compatible with NEO Coins and GAS Tokens. If you want to use other cryptocurrencies, use a universal wallet, for example, storage on the Binance crypto exchange.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Neo Wallet<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Neo wallet is another lightweight API-based wallet, developed by the NEO community. So, they made sure that it was as safe as possible. Thanks for its intuitive interface, it will work for both beginners and experienced users.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Neo CLI<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It\u2019s a desktop NEO wallet, created by NEO developers, who made sure that it was both functional and safe. The wallet has bypassed the macOS system, but it is compatible with Windows and Linux. It has a certain specificity in that it is controlled by command line prompts. It means that it is more suitable for experienced users, who are familiar with command language. Among the shortcomings: You will need time to synchronize, and installing the application will require a lot of hard disk space<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Atomic Wallet<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This mobile and desktop wallet is a complete software platform for storing cryptocurrency with built-in exchanges such as ShapeShift and Changelly exchanges that allow you to trade and exchange your cryptocurrency directly from your wallet. The wallet supports over 300 different cryptocurrencies and is very simple and beginner-friendly.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">NEO is a fairly promising cryptocurrency that is very attractive to investors. If you decide to purchase these coins, you should choose a reliable NEO wallet. The recommended option is Ledger hardware storage. It will provide the maximum protection of your existing coins from fraudsters if you follow basic security rules. Various online wallets can be used to store small amounts and for trading.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents What is Neo (NEO)?Smart Economy by NEONEO TokensWhat is NEO Wallet?Why do People Invest in NEO?Types of Neon (NEO) walletsMobile NEO Wallet: pros and consDesktop NEO Wallet: pros and consOnline or Web NEO Wallet: pros and consHardware NEO Wallet: pros and consPaper NEO Wallet: pros and consWhat to Look for in a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[132,133],"tags":[1079,114,904,505,1876],"yst_prominent_words":[],"class_list":["post-5921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-currencies","category-crypto-talks","tag-crypto-talks","tag-crypto-tips","tag-crypto-wallets","tag-cryptocurrency","tag-neo"],"lang":"en","translations":{"en":5921},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/comments?post=5921"}],"version-history":[{"count":3,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5921\/revisions"}],"predecessor-version":[{"id":5925,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5921\/revisions\/5925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media\/5922"}],"wp:attachment":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media?parent=5921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/categories?post=5921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/tags?post=5921"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=5921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}