Best NEO Wallets: Top Cryptocurrency Storage Solutions For NEO Investors
NEO has taken the cryptosphere by storm. Once known simply as Antshares, this China-based crypto asset has been generating some major waves as of late, with many already comparing it to Ethereum not only in function — it too allows the ability to create decentralized apps — but its quickly burgeoning popularity.
The blockchain itself consists of both NEO, which represents shares in the blockchain, and GAS, the actual coins used within the system. This provides high amounts of functionality to NEO and also some important requirements when it comes to choosing the right wallet for this new Ethereum-like cryptocurrency. The following guide will help you pick out some of the best wallets for storing your NEO and your GAS safely and securely.
The Best NEO Wallets For Your Crypto Needs
NEON Wallet For Desktop
One of the premier NEO wallets currently available, NEON Wallet might not have been developed by the official team, but it’s been thoroughly checked out by NEO developers to ensure it’s safe. A perfect wallet for beginners, NEON Wallet supports both NEO and GAS, allowing you to send, receive, and store both assets. It also allows you to claim any GAS generated by holding NEO in your wallet.
NEON Wallet is available for Windows, Mac, and Linux. Sadly there’s no mobile version just yet. Always remember to store your private keys somewhere safe, as this desktop wallet doesn’t keep that information stored as a security precaution.
The Ledger Nano S
Hardware wallets are always a good idea if you’re looking to hold any cryptocurrency for the mid-term or longer. The Ledger Nano S is an excellent choice, as it added NEO wallet support in 2017. Integrating it with a NEON wallet also allows you to claim any GAS you earn from using NEO.
As with any hardware wallet, you’ve got a high-security option here at your fingertips, as no one can gain access to your currency without being physically in possession of the device. As an added bonus, the Ledger Nano S supports a number of major crypto assets if you’re looking to diversify your investments.
NEO Tracker Web-Based Wallet
While web-based wallet might not be as secure as offline wallets, NEO Tracker doesn’t rely on remote servers to store user or financial data. It simply uses your web browser to generate the data it needs without letting it leave your environment, providing you the ability to send, receive, and store NEO and GAS. Like NEON Wallet, it also lets you claim GAS generated by your NEO.
NEO Tracker uses a keystore file for security measures, with your keys stored within using encryption to keep them safe. The web-based “offline” wallet can be accessed using either Microsoft Edge or Google Chrome.
NEO GUI Desktop Wallet
Here we go, an “official” desktop wallet designed by the same developers that worked on NEO. The NEO GUI, as its name implies, makes use of a graphical user interface for easy interaction. It also synchronizes with the NEO, so installing NEO GUI involves downloading the entire blockchain before you can even create a wallet.
This wallet does offer full functionality, so it’s worth the wait (and the hard drive space) Right now, only Windows-based PCs can run NEO GUI, though there’s support for both English and Chinese language users.
NEO CLI Desktop Wallet
An alternative to NEO GUI, the NEO CLI desktop wallet also comes right out of the developers that designed the blockchain in the first place. There’s no GUI here though — the CLI stands for command line prompts, and that means you won’t have any fancy graphics distracting you from this no-nonsense cryptocurrency wallet.
That’s really the only difference between NEO CLI and NEO GUI. Other functions remain the same — you’ll be able to claim GAS generated tokens, send and receive both assets, and store both GAS and NEO to your heart’s content. Still, NEO CLI is not for the fainthearted — or those that don’t know their way around a command line. It is, however, available on Linux as well as on Windows.
NEOWallet Web Wallet
A secured web wallet, NEOWallet doesn’t keep your private keys stored in any of their servers. It’s both free and open source, accessed directly through either Google Chrome or Microsoft Edge.
This web wallet lets you both store and transact in NEO and GAS. As always, you can claim any GAS you’ve generated from holding NEO in this particular wallet. While it’s not developed by the official NEO team, NEOWallet does offer support for both Chinese and English language speakers
NEO Wallet Web Wallet
No, that’s not a typo — there is a space in the name. NEO Wallet is not the same as NEOWallet, despite what looks like a simple difference. In fact, NEO Wallet shares more similarities with NEO Tracker, as it’s an “offline” web wallet that doesn’t require your private keys to be uploaded from your device.
Featuring strong API-based encryption, NEO Wallet was developed by the NEO community dev team, who also maintains it. Also available through both Chrome and Edge in both Chinese and English, this web wallet offers full transaction and storage support, including generated GAS claiming.
The Best Of The Best
These wallets are your best bet when it comes to using the NEO blockchain, as they offer the most functionality for both NEO and GAS. They’re also the most well-known (and well-vetted) wallets out there, offering good security options and with strong reputations for excellence and attention to detail.
With NEO poised to become that much more popular as time goes on, it’s important to choose a wallet you know you can trust. There will be any number of new NEO wallets hitting the internet as time goes on, so make sure you check each and every one carefully to ensure they meet the same standards we’ve set out here in this list. Follow normal security measures — always back up your wallet, store those backups somewhere safe, and never leave any crypto assets on an exchange — and you’ll be positioned well for the future.