> For the complete documentation index, see [llms.txt](https://docs.meteorwallet.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.meteorwallet.app/difference-between-a-traditional-crypto-wallet-and-named-wallet.md).

# Difference Between A ‘Traditional Crypto Wallet’ And ‘Named Wallet’

Find out the differences between the two and how to create a new, ‘named’ wallet.

One of NEAR’s many benefits is the option to use a named wallet (i.e. joebloggs.near) versus a more traditional crypto wallet name, full of letters and numbers.

The user-friendly named wallet is easy to remember, more memorable and has branding benefits (whether you are a personal or company brand).

With Meteor Wallet you can create your named wallet for free! 

Meteor is currently the only wallet on NEAR that provides this option.

See this [step-by-step guide](/getting-started/how-to-create-your-free-named-wallet-in-60-seconds.md) on how to create your free named wallet.

<figure><img src="https://3782409720-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTmxucjoGVL8zYh63WhN6%2Fuploads%2FgDyoXC36e5XrfLC9cb0d%2Fchoose-wallet-name.png?alt=media&amp;token=9850b805-1aed-4978-9385-297643f9bf09" alt=""><figcaption><p>Create your free named wallet in 60 seconds</p></figcaption></figure>