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Many people call the Ledger nano S the safest wallet available and for good reason. With that in mind below is a list of 9 of the best NEO wallets that can be used for both NEO and GAS storage, to generate GAS when staking NEO, and are trustworthy. These include security, developer and community support and usability. In order to come to this selection, we used a number of criteria. Now that you have a rough idea of how NEO and Gas differ, we can dive into some of the best wallets.

Users simply don’t know which wallet is best to use.

Users may not know if a wallet can be trusted.

Users may not know if a wallet supports sending, receiving, and holding both NEO and GAS.

Users may not know if a wallet supports staking NEO.

And there are several challenges that NEO holders face: Exchange wallets cannot do this, and it isn’t secure to hold your assets at an exchange anyway. īecause GAS has a value it is important to find a wallet that is capable of staking NEO as well as holding both NEO and GAS. Unlike NEO tokens, GAS tokens are divisible. It is the fuel that powers transactions in the NEO network.

GAS tokens are utility tokens that allow the use of the NEO blockchain.

NEO tokens are not divisible to sizes smaller than 1.

Every new block generated creates 8 GAS and these are evenly distributed to the 100 million NEO in existence.

Holding NEO in an appropriate wallet automatically begins generating GAS. The NEO tokens are used to secure and manage the network, and as a reward for doing this users receive GAS tokens. The NEO tokens are representative of ownership of the blockchain in a similar manner to how shares represent ownership of public companies.

These two tokens provide different purposes on the blockchain:

2.8 O3 NEO Wallet (Desktop/Mobile Wallet)īefore we can take a look at all the wallets that you can use, it is important to take a quick look at the difference between the two assets.