When one thinks of a crypto wallet, the first idea is a place to store cryptocurrencies. But this notion has changed over the recent years, thanks to entities like Best Wallet.
Currently used by thousands of investors across the globe, the wallet boasts strong security and unique features. But is it the best option to choose among the huge variety of options that exist? Here is our review for you to decide.
Best Wallet Overview – Pros and Cons
Before learning more about the wallet, it may be a good idea to have a general idea of the factors where Best Wallet shines and the ones where it may fall short when compared to its competitors.
Pros
- Supports more than 60 chains
- Has a presale aggregator and iGaming setup
- Has a native crypto of its own
- Offers a virtual payments card
- A variety of ecosystem-oriented features
- Has an upcoming token airdrop event
Cons
- Needs native token to access several features
- Not accessible via desktop
The Best Wallet Ecosystem
The bestwallet.com site was launched in Q2 of 2023 and was noticed by several major crypto media websites right away due to its ambitious goals and feature-oriented concept. Other than just sending, receiving, and storing crypto, the developers of Best Wallet had big plans for the platform right from its inception.
Since its launch, they have been consistent in announcing new developments every now and then, creating a strong bond with its growing community of users.
The idea of non-custodial wallets is what Best Wallet seems to have strongly focused on. They offer a multi-chain, multi-wallet entity where tokens can be secured and traded in a single place. Supporting more than 60 chains, one will have no need to download multiple wallets to be able to store cryptos built on various blockchain networks.
It has recently become common for DeFi wallets to have their own DEX, and that is something which Best Wallet realizes too. This is why it launched its own Best Dex, which requires no registration and offers the cheapest trades by matching the best liquidity pools.
We’ll be catching up with @enchanted_nfts tonight at 7.30PM EST
We’ll be talking about our airdrop, upcoming partnerships and generally just hanging out. Make sure your locked in, things are starting to get exciting 👀 https://t.co/oUHHj2bThy
— Best Wallet (@BestWalletHQ) July 30, 2024
While crypto wallets form a very important part of the entire blockchain industry, these platforms often do not engage with their users on a huge level. But that’s not the case with Best Wallet. From meme-themed posts to frequent live sessions on social media platforms like Twitter, the team has ensured that they are closely communicating with their users at all times.
Best Wallet’s Features
Best Wallet has positioned itself as one of the top crypto wallet ecosystems – going beyond the normal features to store crypto, users can buy crypto, sell, and swap their tokens, alongside many more functions all integrated into the platform. Some of the most highlighted ones are:
Comprehensive Asset Management
Best Wallet allows users to manage a wide array of cryptocurrencies across multiple wallets within a single interface. This comprehensive approach eliminates the need for multiple apps, offering a streamlined and efficient user experience. Essentially, one can easily monitor and manage their assets, ensuring they have complete control over their portfolios.
In-Depth Market Analytics
Despite being a wallet, Best Wallet provides real-time market data and insights, helping users make informed trading decisions for the cryptocurrencies on their wallets. The platform offers detailed analysis of market trends, token performance, and emerging opportunities.
This feature is particularly valuable for traders looking to stay ahead in the fast-paced crypto market. While it has not been officially launched yet, developers have ensured that it is among the next set of updates to be rolled out soon.
Seamless iGaming Integration
For iGaming enthusiasts, Best Wallet offers seamless integration with various gaming platforms. Users can use their crypto assets for in-game purchases, bets, and other transactions. This integration opens up new possibilities for utilizing cryptocurrencies in the gaming world, making Best Wallet a versatile tool for gamers. This, however, will require BEST, the native token of the project.
Early Access to New Project for Crypto Investors
The presale aggregator feature gives users early access to new crypto projects. In order to do this, Best Wallet partners with emerging projects. Users can invest in presales before they become widely available, at a period that is usually referred to as Phase 0.
This feature provides a significant advantage, allowing users to get in on the ground floor of promising new ventures and stand the chance to make massive profits as they eventually get launched.
Crypto Payment Solutions
One of the standout features is the Best Card, a virtual payment card compatible with Google Pay and Apple Pay. This card allows users to make purchases using their crypto holdings, with up to 8% cashback on transactions. This feature bridges the gap between the crypto and traditional financial worlds, making it easier to spend digital assets in everyday life.
High-Yield Staking Options
Best Wallet offers high-yield staking opportunities, allowing users to earn passive income on their crypto holdings.
The platform’s staking options are designed to be user-friendly, making it easy for both beginners and experienced users to participate. With staking available for multiple chains, one will not have to worry about finding a new wallet simply to get passive income on their holdings.
Best Token And its Media Coverage
While Best Wallet is already popular, it is gaining even more traction as investors flock in to get their hands on its native token BEST. Projects like this often end up launching their tokens on centralized exchanges, which then pump significantly, becoming a highly profitable investment for many. Well, the BEST token is currently set to be distributed among many as a part of its ongoing airdrop campaign.
Making the most of the $BEST #airdrop in #web3? 🔥
Complete your daily quests, answer our $BEST quizzes (new one today!) and refer your friends! 🚀
The more you engage, the more points you earn 🙌
Start your journey today and climb the leaderboard: https://t.co/qhYgx8QoqG pic.twitter.com/QBhGp37N7N
— Best Wallet (@BestWalletHQ) July 29, 2024
There have been hundreds of tweets about this from the team as well as the community, as the anticipation builds on the airdrop and the benefits one may be able to enjoy from it.
Participants can earn BEST tokens by completing various quests on the Best Wallet airdrop page at bestweb3.com/airdrop and signing up with their Twitter account.
Key Points to Earn Points:
- Engage in social media activities, connecting Discord, and downloading the Best Wallet app.
- Participate in daily quests including retweeting and Discord activities.
- Seasonal quests can be completed anytime, like connecting Best Wallet.
- Join the referral program that offers a 10% commission on referred friends’ points.
The leaderboard ranks at the end of the airdrop campaign shall determine the share of BEST tokens. While the total airdrop pool is not yet announced, the community seems very hopeful and believes that it may be rewarding.
How Safe is Best Wallet?
Best Wallet is one of the most secure crypto wallets of 2024, employing advanced cryptographic techniques for key management, multi-factor authentication, and biometrics. It ensures that private keys and seed phrases remain exclusively the users’, never public-facing.
The app’s comprehensive security is enhanced by third-party insurance from Fireblocks, the top crypto security platform. This ensures that funds are fully protected while giving users full control. Combining app security with the latest crypto security measures, Best Wallet offers an unparalleled level of protection for every digital asset stored.
Best Wallet’s Customer Support
There are several articles on the website itself that one can rely on to get their queries answered. From frequently asked questions to information about cryptos, the Best Wallet app, and more, all information can be found on this page itself.
However, if one wishes to talk to a customer support executive, then that too can be done by going to the live chat box on the website or the app.
Verdict
We found Best Wallet to be one of the best crypto wallets in the space at the moment, especially due to the various features and offerings it boasts. While some of these are yet to launch, the growing community trust and popularity is a testament to the wallet’s legitimacy.
If one wishes to learn more about the wallet or keep up with its new updates at all times, then they can do so by following its official pages on Twitter and Telegram.
