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Will the web 3 wallet support NFT trading or not, depends on the written code.
To allow buying and selling non-fungible tokens, the wallet must be compatible with token standards such as ERC-721, BEP-1155, ERC-1155, and others. Also, wallets supporting NFTs mainly have integrations with marketplaces and DeFi projects, which enables buying, storing, and selling assets.
While both crypto exchanges and wallets allow trading cryptocurrencies, there are some major differences between them. Among the main ones is the purpose of services.
Wallets ensure secure storage or staking of assets, while exchanges help to organize transactions.
Although it is possible to store crypto holdings both in wallets and exchanges, one principal differentiation between the two is the method of fund control.
Through a crypto wallet, a user can manage the funds, including security and backing-up.
Wallets present complete authority over the use and transactions of funds with the possibility to have passwords and private keys.
Unlike single-chain wallets, which allow users to store and exchange tokens of a particular blockchain, multi-chain wallets support cryptocurrencies running on different blockchains. This means holding and making peer-to-peer transactions with Bitcoin, Ethereum, Binance Coin, and other digital assets from one place.
Wallet holders need to be aware of scams. Also, they should not share information on their private keys with anybody.
To prevent the possibility of hacks, it's required to make certain that the crypto wallet doesn't have any vulnerabilities that attackers can take advantage of.