NXT Wallet

Anisa Batabyal
| 30 April, 2020 | 2 min

What is NXT Wallet?

NXT is a natural evolution of the blockchain technology which allows you to tap into the world of decentralized and digital trading by eliminating the need for expensive middlemen and services. NXT is an advanced blockchain platform that builds on and improves the basic functionality of pioneering cryptos such as Bitcoin. Financial systems are the most widely used applications of blockchain technology, but blockchain and its associated technology could be used for much more apart from only finance and banking applications.

Nxt revolutionizes the financial technology, crowdfunding and governance industries by providing not only the groundbreaking NXT cryptocurrency but also a powerful, modular toolset to build within any way Nxt users can imagine. Nxt gives its users complete freedom to create their own applications. With NXT, you can create your own currencies and tokens, and use them in varied ways- to directly trade on the blockchain via the secure and simple Asset Exchange system, to take your coins out into the wider financial world, or to use them to raise funds for something that might have nothing to do with finance.

List of 5 best NXT wallets in 2020

The top 5 NXT Wallets in 2020 are:

  • NXT Freewallet
  • NXT Wallet Lite Client
  • NXT Wallet Client
  • NXT Wallet Android
  • NXT Paper Wallet

#1 NXT Freewallet

The Freewallet is a free, open-source cryptocurrency wallet for iOS and Android devices. One of the unique things about Freewallet is that the company retains control of each customer’s private keys. NXT Freewallet offers a number of different products for all types of currencies like NXT, BTC, ETH, and around twice a dozen more cryptocurrencies.

The majority of all assets are stored in an offline vault to secure your funds against any malicious activity. Freewallet does this because they claim that 90% of users don’t back up their private keys or remember their mnemonic phrases. Again, Freewallet is unique among mobile wallets for keeping its users’ funds in cold storage, because most other mobile wallets don’t retain control of your private keys. Last, but not least, the users can secure their wallet to additional levels using security codes or by verifying their email/phone number. You must double-check the NXT wallet address and know how to update NXT wallet and follow certain guidelines or steps. These combined features of FreeWallet make it as one of the best NXT wallets ios.

Click here to download Freewallet

#2 NXT Wallet Lite Client

Nxt Light wallet makes it very easy for ‘normal’ users to run the NRS GUI; you just simply download it, then click on the icon in the start menu and start using Nxt. You don't have console windows, no Java, no browser URLs, and no blockchain download. Nxt Lite supports a single node and multi-node blockchain-less functions. Nxt Lite has the possibility to integrate with Nxt Trezor project using lower-level OS functionality.NxtLite is a cross-platform software. Older windows may need to have the latest DirectX runtimes installed, if they haven’t been already; on Windows 8, NxtLite works right out of the box.

Click here to download NXT Lite Client Wallet

#3 NXT Wallet Client

NXT is supported by major operating systems like Windows, Linux, and Mac but make sure you have the updated and latest version of Java installed. Not only that it is available in Linux version too and is regarded as one of the best NXT Wallets Linux as per NXT wallet review. The installation process is pretty straightforward for windows 64-bit and Mac systems and a code-signed installer guarantees security and stability. For older Win 32 systems and other OS’es, the Linux install package can be used.

Click here to download NXT Client Wallet

#4 NXT Wallet Android

NXT Wallet for Android is what most of the people look out for and it is going through many tweaking and updates. You can create multiple accounts with the option to store the account secrets in an encrypted password-protected wallet on the device. The back up for the wallet is available. The balances or transactions are shown for the registered accounts.

Click here to download NXT Wallet Android

#5 NXT Paper Wallet

This is one of the best NXT offline wallets, which the users can use keeping in mind the security factor. You just need to log in once using your passphrase and the Nxt address Nxt-...-...-...-... (i.e. your account ID) will be shown in the dashboard. You only need to share your account ID (never share your passphrase!) with the sender to receive funds, but you would need to introduce your secret passphrase in the NRS to make outgoing transactions.

Click here to download NXT Paper Wallet

CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to partnership@coinswitch.co or refer our API documentation.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!

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