In this Best Wallet crypto review, we’ll go over this new Web3 wallet’s key features, security, and overall usability to help you decide if this is the right fit for your crypto needs.

With the rise of crypto adoption and more hot wallets hitting the market in recent years, finding the one that’s the most convenient, reliable, and secure can be a challenge.

That’s why we’ve done hands-on testing to assess everything you need to know about Best Wallet, including the app’s onramp options, chain support, unique features, and data privacy.

We also dove into the project’s whitepaper to bring you the most exciting news about upcoming updates. So, read on to see what this new wallet can do.

What is Best Wallet?

It’s one of the newest Web3 wallets to come out in 2024, and the project is still under development with plans to further expand its ecosystem. However, it’s already among the fastest-growing crypto wallets, boasting a 50% MoM user base boost since launching.

Currently, in Phase 2 of its roadmap, Best Wallet has all the core crypto wallet functionalities you need, plus recently integrated DeFi tools like DEX Screener. Thanks to this, you get real-time price charts and trading history on major blockchain DEXes, all within the app.

By the end of Phase 2, the ecosystem will support over 60 chains. Phases 3 and 4 promise even more exciting developments, including NFT integration, a staking aggregator, and trade orders (including limit and stop-loss orders).

How Does Best Wallet Work?

Best Wallet works similarly to other non-custodial hot crypto wallets. You download the app; then, you can start buying and selling crypto right away through the ‘Main Wallet’ tab. You’ll already have a pre-generated default wallet when you open Best Wallet for the first time.

As this is a hot wallet, you’ll need an internet connection to use it. However, thanks to being non-custodial, Best Wallet gives you full control over your secret passkey, so you’ll get one added layer of protection.

Once you’re all set up, you get all the core Best Wallet crypto functionalities. For example, you can:

• Store and monitor your portfolio across multiple wallets
• Buy and sell crypto with low processing fees;
• Send crypto with easy repeat transactions;
• Swap tokens across blockchains with the best exchange rates;
• Stake your coins and tokens for APY returns;
• Read the latest crypto news directly in the app;
• Learn about the newest crypto presales in the ‘Upcoming Tokens’ tab.

You can access all of the above through Best Wallet’s dashboard. You can also create other new wallets or import other pre-existing Ethereum wallets under the ‘Manage your wallets’ tab.

Best Wallet Pros and Cons

Looking for the TL;DR version? During our Best Wallet review, these are the main pros and cons we noted:

Pros

• Free and easy to use, with no KYC needed
• Multi-wallet and multi-chain support (expanding to 60+ chains)
• Fully non-custodial, with added biometrics and 2FA for security
• Upcoming tokens tab for the latest presale news
• Automatic filter for potential scam tokens
• Multiple payment options (including Skrill and Revolut)
• Reduced swap and trading fees for $BEST holders
• In-app DEX staking for ETH rewards

Cons

• No browser extension for desktop (yet)
• Advanced tools and integrations are still under development
• Occasional in-app bugs (like gas fees not showing)
• Third-party integrations can sometimes be unresponsive
• Limited customer support is available

Best Wallet’s Key Features

So, what should you expect from this Web3 wallet? How well does it work, and what can it do? Here’s what we found during our Best Wallet crypto app review.

Multi-Wallet Management

Maybe you want to monitor several crypto wallets simultaneously. You might want a wallet only for airdrops or holding the best meme coins, for example. Well, Best Wallet lets you do exactly that.

You can create or connect multiple Ethereum wallets in the app to neatly organize your crypto however you want. It’s very easy to do from the app’s dashboard under the ‘Manage your wallets’ tab. You just need to enter your private key and hit ‘Continue.’ You could also make a new wallet by clicking ‘Create.’

However, during our Best Wallet crypto review, we found this feature sometimes bugs out when trying to generate a new keyphrase, so several attempts may be necessary to successfully create a new wallet.

Once you have multiple wallets set up, you can switch between them on the dashboard under the ‘Main Wallet’ tab. There’s also the handy multi-wallet view option to see the total crypto you own across all wallets.

Also, on the dashboard, you’ll get a scroll-down list of the tokens in your portfolio, where you can see your trading activity and recent price changes. You can also manage your tokens here, selecting which tokens to display or hide in your wallet dashboard.

The wallets themselves are also customizable. You can rename them and change the colors to easily tell them apart.

Multichain Support

provides multichain support for Ethereum, Binance Smart Chain, and Polygon, letting you buy, sell, receive, or swap coins across these networks with lower fees.

While the selection is currently limited, you can also trade just about any crypto through bridge transactions, whether it’s $BTC, $SOL, $ADA, or anything else. Of course, native chain transactions would be smoother and cheaper.

Luckily, Best Wallet is soon going to expand its multichain support as the next step during its roadmap Phase 2. So, trading, staking, and swapping crypto with Best Wallet will only get more accessible in the near future.

You might have seen other Best Wallet crypto reviews mentioning the app covers 60+ chains. While that’s not currently the case, this is next on the project developers’ to-do list. Some of these upcoming chains include layer-one (L1) networks, like:

• Bitcoin
• Tron
• Solana
• Avalanche
• Cardano
• NEAR
• Hedera

Considering there’s already support for a layer-two (L2) network like Polygon, it’s likely that we’ll be getting more L2 chains as well.

Crypto Presale Monitoring

The wallet’s ‘Project Directory’ is a unique feature you’ll love if you’re often hunting for new meme coins and other tokens. That’s because it brings you the newest and best crypto presales right in the app.

You can see them either on the home dashboard under ‘Upcoming’ tokens or in the app section under the Project Directory.

You’ll also get all the information you need to decide whether to join a presale or not. Under each project, you can read all about the token price, coin roadmap, tokenomics, presale stage, and other key information.

You can also download project whitepapers, read FAQs, and buy the tokens from within the Best Wallet app — no need to visit the presale page.

DeFi and Crypto News Integrations

Best Wallet makes it easier to stay up to date with the latest crypto market trends thanks to its integration of DeFi tools and crypto news platforms. Currently, you can access three external DeFi platforms within the app:

1. DEX Screener: Helps you track crypto prices, trading volumes, liquidity, and trending tokens across major DEXes and networks.
2. DexTools: This lets you research trending token pairs and view token transaction history, liquidity checks, audits, and contract verification.
3. Pancakeswap: Provides a BNB DEX to swap tokens without registration. You can also earn $CAKE (Pancakeswap’s utility token) and other crypto by staking or contributing to liquidity pools.

This makes Best Wallet a convenient all-in-one app to get your crypto information on the go — especially since the websites are well-optimized for mobile and run smoothly through the app.

Similarly to its DeFi integrations, Best Wallet also has a ‘News’ section where you can go and read about the latest events covered by major crypto publications, including Crypto News, Cointelegraph, CoinGecko, and CryptoPotato.

You’ll also find CoinMarketCap here, another great platform to track crypto prices and study market sentiment.

The project developers are also planning to improve Best Wallet’s ‘News’ section during Phase 3 when they’ll introduce an in-app crypto news feed.

iGaming Section

offers a unique spin on other hot wallet services, as they also have an iGaming section listing the best crypto casino bonuses. Although definitely not for everyone, the option to buy crypto and join a casino straight from the app makes Best Wallet one of the best crypto wallets for gambling.

The casino pages let you connect your Best Wallet with just a few taps, after which you can deposit right away. And the offer is quite varied. You can find casinos with live table games and tournaments, slots with free spin offers, and even specialty games.

Some of the offers also include live sportsbooks with high betting limits. So, if you were looking for the best Bitcoin wallet for sports betting, Best Wallet might just be it.

Other Upcoming Features

So far, Best Wallet covers all the basics when it comes to buying, storing, selling, or swapping crypto. But there’s more coming soon, according to the project’s roadmap. Phases 3 and 4 will introduce more advanced tools to up your crypto trading game.

Some of these include a portfolio management feature, derivatives trading, and trade orders to automate some of your work — all of which are great to have if you trade crypto frequently and have a large portfolio to oversee.

We’re also excited about the more advanced upcoming protection features against fraud and Miner Extractable Value (MEV) exploitation.

These additions will not only better safeguard you from scams and unauthorized activities but will ensure fair transactions with maximal value retention on your side. At last, say goodbye to unfairly losing funds on hidden or exploitative taxes.

Best Wallet Pricing Breakdown

But, like other free hot crypto wallets, Best Wallet does have onramp fees if you buy crypto through their app.

The fees depend on the payment method and the provider you choose, although the app automatically selects the cheapest option for you. Your payment options include bank transfers, credit or debit cards, eWallets, and Automated Clearing House (ACH) transfers.

Despite these added fees, you don’t have to buy crypto through Best Wallet. This means you can still enjoy all the wallet’s core features completely free, but do keep in mind that you’ll still have to pay the regular gas fees when trading or swapping crypto.

They are standard network fees required by the blockchain to process transactions, and they aren’t imposed by Best Wallet.

Overview of Best Wallet’s Security

Your wallet is quite literally the key to your crypto, so you obviously want to ensure it’s safe. How well does Best Wallet do in this regard? Well, here’s a quick rundown of everything you need to know about their security measures:

• The wallet is decentralized & non-custodial. This means you have full control over your crypto assets — no third parties involved. Your private key is also completely private and protected through advanced cryptographic techniques.
• Your funds are insured by Fireblocks. While you’re in full control over your funds, your transactions are also protected against hacks, theft, and other vulnerabilities thanks to Fireblocks’ asset custody, secure transfers, and settlement services.
• You can enable 2FA. The app lets you set up an SMS verification code to add an extra layer of security whenever opening your wallet.
• Biometric security is also available. Besides SMS verification, you can also enable biometrics, like fingerprint or facial recognition, for more well-rounded Multi-Factor Authentication (MFA) protection.
• The app has built-in scam protection. Best Wallet comes with an automatic filter that identifies and hides potential scams or spam tokens, ensuring you don’t accidentally buy or swap the wrong coins.
• Best Wallet deletes inactive data every 24 months. In compliance with GDPR standards, their privacy policy prevents excessive data collection and minimizes risks in case of a breach by limiting the amount of personal information that gets stored.

While hot wallets like Best Wallet are generally seen as less secure than hardware wallets, these comprehensive security features do a lot to mitigate potential risks.

The combination of MFA, strong data encryption, and third-party crypto insurance guard you against hacking and phishing attacks, so you get an added layer of security even with your wallet connected to the internet.

Best Wallet’s Interface – Is it Easy To Use?

is one of the most intuitive and user-friendly crypto wallets we’ve tested. All the features are neatly organized into easy-to-find menus, and completing any action takes just a few taps.

When you open the app, you can readily find your wallets and tokens on the home dashboard, so you don’t even have to browse or scroll to keep an eye on your portfolio. You also have the option to easily buy, send, or swap crypto right from the dashboard under the ‘Main Wallet’ tab at the top of the screen.

As for the other in-app features, you can access all the staking options, DeFi tools, and presales information under the ‘Apps’ section in the bottom menu. There’s also the ‘Trade’ menu to sell crypto or check your transaction history on the fly.

Everything’s as easy as tapping a button, inputting the amount of crypto to buy, sell, or swap, and hitting ‘confirm’ on your transaction. That said, we found the app to be a bit glitchy in some cases. For instance, when trying to claim or sell tokens, the gas fees don’t always show up.

This could be a problem if you have to top up your wallet but you don’t know how much crypto you need to cover the fees. Similarly, we’ve seen a few bugs with some of the integrations, specifically when having to access external platforms.

Take buying crypto, for example — some of the external checkout pages can become unresponsive or simply not load. Platforms with the checkbox CAPTCHAS, like DEX Screener, may also not register your CAPTCHA attempts.

So, while the app itself is very easy to use, these small technical issues could continue until the next software update. As Best Wallet is still a work in progress, with more roadmap phases coming soon, we expect these bugs will get fixed in the near future.

How Does Best Wallet Compare to Other Crypto Wallets?

If you’re interested in a free, hot crypto wallet, Best Wallet is a solid start. However, there are plenty of other products available. Here’s how other top products compare if you want to weigh your options:

Best Wallet’s Reputation – What Are People Saying?

Based on our experience when conducting our Best crypto wallet review, the app is lightweight, intuitive, and user-friendly.

Plus, its well-rounded features — like the straightforward multi-wallet management, quick and easy multichain swaps, and DeFi integrations — make it an all-around great tool for crypto beginners and casual traders.

Other users seem to agree, as the app boasts a good 4.6/5 rating after thousands of reviews on Google Play and the Apple App Store. The majority of Best Wallet users laud the app’s ease of use.

Trustpilot, on the other hand, is a bit of a mixed bag. We’ve seen quite a few unverified negative reviews conveniently recommending other competing products. Still, over 75% of the verified reviews rate the app 4 or 5 stars.

Most of the verified reviews on Trustpilot mention how Best Wallet makes crypto trading easy and convenient, especially the option to swap coins and tokens in-app.

A few verified reviews rate the app 3/5. The general consensus here is that Best Wallet gets the job done but could use an update. These reviews highlight some of the same occasional bugs we’ve noticed.

Some of the most common complaints were about Best Wallet’s laggy transactions, especially during peak trading hours. A few users also noticed bugs when purchasing or claiming crypto.

Finally, the more seasoned crypto users thought the Best Wallet app needed more advanced tools for automated trading and portfolio analysis — all of which are in stock for the wallet’s future roadmap.

How to Use Best Wallet – A Step-By-Step Guide

Getting started with Best Wallet is as easy as it gets. All you need is an email address. The following guide shows you how to use Best Wallet on Android but keep in mind that the same process applies when downloading the crypto wallet on iOS.

Step 1 – Set Up Your Account

First, download the app from Tap on the Play Store or App Store button and install Best Wallet. Then, open the app and follow the steps. Input a valid email address and tap ‘Continue.’ Use the email verification code to confirm your email.

Next, follow the security setup. You’ll have to create a password to lock your wallet. You can also enable 2FA and push notifications if you want or skip these steps.

Step 2 – Import or Create More Wallets

Once you set up your account and open the app, you’ll already have a main wallet. But to make the best of the app’s multi-wallet management, you can also import or create more.

Find the ‘Main Wallet’ box at the top of the screen on the ‘Home’ dashboard and scroll left to find the ‘Manage your wallets’ option. Tap the ‘Add wallet’ button to import or create a new address.

When importing a new wallet, you need to enter the private key of that wallet and confirm. Keep in mind this only works with other Ethereum-compatible wallets. To create a new wallet, just follow the steps to generate a secret recovery phrase. You can then find all your wallets under Settings > Manage Wallets.

Step 3 – Top Up Your Wallet

If you don’t have any crypto already, you can use Best Wallet’s onramp service to get started. Find the ‘Main Wallet’ box on the app’s home dashboard and tap the ‘Buy’ button.

Next, choose your payment currency, the crypto you want to buy, and your payment option. Note the payment options might vary depending on the fiat currency you select.

Once you’re set-up, click the ‘Buy’ button and follow the confirmation steps. Best Wallet will redirect you to a third-party provider where you can continue your purchase.

Step 4 – Explore the App

Now you can enjoy all the features that Best Wallet has to offer. Check the menu at the bottom of the screen to find the ‘Trade’ and ‘Apps’ menus. You can start selling, sending, or swapping crypto right away in the app’s trading window.

Under the ‘Apps’ menu, you can find all of Best Wallet’s integrations, including the news section, DeFi tools, staking, presales directory, and even a section on crypto casino bonuses.

Best Wallet Review – Final Thoughts

Based on our Best Wallet crypto review, this app is ideal for crypto beginners and casual traders, especially those exploring new tokens.

It offers essential Web3 wallet features like in-app pair swapping, multi-chain support, and multi-wallet management, along with third-party integrations like DeFi tools and a presales directory. Its intuitive interface ensures seamless trading, even for first-time hot wallet users.

Security is robust, with non-custodial key management, third-party insurance, and MFA options. While occasional bugs and incomplete advanced tools exist, upcoming updates make it a promising choice. But, as with any crypto project, remember to DYOR to ensure that Best Wallet fits your trading needs and goals.

to learn more and try the app for free.

FAQs

Is Best Wallet safe?

Yes, Best Wallet is safe. The provider offers robust security features like non-custodial key management, third-party insurance of crypto funds, and MFA options to secure your wallet against hacks and other blockchain vulnerabilities. They also adhere to strict GDPR regulations, ensuring enhanced data privacy and security for users.

What crypto can you store with Best Wallet?

You can store any crypto with Best Wallet. The wallet provides cross-chain compatibility for Ethereum, Binance Smart Chain, and Polygon. You can also buy and store tokens from any other blockchain thanks to the app’s bridge transactions.

Can you invest in Best Wallet?

You can’t invest in Best Wallet, as the provider doesn’t give users direct investment opportunities. However, the project does have an ongoing , which lets you buy tokens at a lower price before exchange listings.

Is Best Wallet legit?

Yes, Best Wallet is a legitimate hot crypto wallet that provides reliable crypto trading services and security. The Best Wallet app has been verified by Play Protect and enjoys thousands of positive reviews from users.