NGRAVE Crypto Wallet to Extend Support to NFTs for Higher Security

NGRAVE, the manufacturer of cold wallets has given a hint in its recent tweet that it may start supporting NFTs very soon. The uprise in the trend of Defi has given rise to the non-fungible tokens, NFTs, a hysteria for digital collectibles which came up as a segment of the surge in Defis. 

Crypto Wallet Manufacturer NGRAVE Plans For NFTs Acceptance 

It has been recently revealed that the average number of sales of these tokens has witnessed a significant rise from around 21,815 per day back in the month of January to 82,373 per day in the month of May 2021.

NGRAVE has recently claimed that the feature is about to go live soon and the rise in the demand for non-fungible tokens (NFTs) and crypto-assets has added to the number of theft acts and hacks involving the NFTs.

In addition to this, it should be noted that it is more necessary now than ever to add security to the crypto assets in the safest way possible.

This recent move from NGRAVE is going to be appreciably received across the crypto community 

Also, it should be known that the acceptance of NFTs by NGRAVE will come as a blessing for the users that are fond of collecting NFTs and it is not possible for anyone to hack and steal anyone’s collection.

Providing Security For Digital Assets

Earlier there have been cases with the users regarding the intrusion in their hot wallets and stealing of their assets. 

Well, it is high time that we acknowledge the fact that the wallets provided by crypto exchanges and hot wallets are prone to cyber-attacks and are not at all secure.

Hence, the best possible way for anyone to take care of his collectibles is to store them in a non-custodial cold wallet as it remains offline and provides ultimate security.