Is Best Wallet the best choice for your crypto wallet in 2025?
In this Best Wallet review, we’ll try to answer this question.
As a hot non-custodial wallet, Best Wallet gives you full control over your digital assets. In this guide, we’ll dive into its features, security, and pricing and compare it to other successful crypto wallets on the market.
Whether you’re new to crypto or a seasoned investor, it’s vital to choose the wallet that’s right for you. Let’s break down what sets Best Wallet apart and whether it is indeed your best option.
Best Wallet Review Key Highlights
- Non-custodial hot crypto wallet
- No KYC required
- Competitive fees
- User-friendly interface design
- Crypto wallet available on iOS and Android
- Top security and encryption
Best Wallet For Crypto in 2025 – Summary
Best Wallet is a non-custodial hot cryptocurrency wallet created in 2024 by Best Web3 Inc.
As a hot (software) crypto wallet, Best Wallet is connected to the internet 24/7, allowing for quick transactions. If it were a cold wallet, it’d be offline and thus not suitable for frequent transactions.
The convenience of Best Wallet’s always-online approach is balanced against the latest security features and robust encryption. Although it hasn’t received any security certifications to date, it passed an audit by Coinsult in November 2024.
Best Wallet is quite new to the crypto wallet market but has plans to capture 40% of the market and add support for 60+ blockchains.
On top of that, Best Wallet also offers a native crypto token $BEST. Currently in its presale stage, the token offers a chance to make the most of Best Wallet’s crypto features, including lower fees and gamified ways to earn airdrops.
Best Wallet Pros and Cons
Every crypto wallet has its own pros and cons. Below are the advantages and drawbacks of Best Wallet.
Best Wallet Pluses ➕ | Best Wallet Minuses ➖ |
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Security – How Safe Is Best Wallet?
When choosing a crypto wallet, security is a top priority. Let’s take a look at how Best Wallet’s promises of top-level security measure up.
Track Record
First and foremost, we looked at Best Wallet’s track record, given the crypto industry’s vulnerability to breaches. As of March 2025, Best Wallet hasn’t suffered any breaches or hacks.
However, it doesn’t mean that Best Wallet is immune to users’ mistakes and carelessness. Never share your wallet keys with anyone, especially strangers, and always use 2FA authentication.
Open-Source or Closed-Source?
The Best Wallet software is closed-source, its code is not publicly available for review.
On the one hand, that requires users to trust Best Wallet’s security practices completely, and doesn’t allow the community an opportunity to fix any vulnerabilities. On the other hand, however, that makes it harder for malicious actors to discover code vulnerabilities.
Non-Custodial
Best Wallet is a non-custodial hot wallet. The “non-custodial” aspect of it means that you as the user have full control of your keys, not any third party.
This security measure reduces the risk of losing your funds due to a platform hack or internal breach. However, to ensure you’re making the most of it, don’t use Best Wallet over open WiFi.
Authentication & Encryption
Best Wallet offers the SMS 2FA option to access your account or authorize transactions.
There’s also a biometric login option (fingerprint or Face ID), and a password generation via password manager option. All the options can be enabled in the Best Wallet app settings.
The wallet also uses end-to-end (E2E) encryption for your private keys.
Recovery Methods
If you lose access to your Best Wallet, you can recover it with a 12-word Secret Recovery Phrase. Best Wallet generates it when you set up a new wallet.
You need to remember the words in the exact order. Ideally, write them down somewhere and store them in a secure location (not on your desk!).
However, note that your main Best Wallet doesn’t use this method for recovery as it only applies to the new wallets created within it. To recover your main Best Wallet, use 2FA.
What Are Best Wallet’s Key Features?
When we tested Best Wallet, we found that it offers a number of interesting features. Here’s our breakdown of the app’s key functionalities.
Non-Custodial Wallet
Because Best Wallet is a non-custodial wallet, it gives you full control of your private keys. They’re generated the first time you create a Best Wallet account, and you can access them in the app through the “Manage Wallets” menu in Settings.
Best Wallet doesn’t store the keys on the server, so it’s best to write them down somewhere and store them securely (not on a piece of paper lying on your desk).
Hot Wallet
The fact that Best Wallet is a hot wallet means that it’s always connected to the Internet. That makes it perfect for executing crypto transactions on a frequent basis. Without the manual hardware connections, you can access the funds almost instantly.
As a hot wallet, Best Wallet seamlessly integrates with dApps like Rocket Pool, Lido and DeFi dApps like Pancakeswap. We had no trouble connecting with the latter. All we had to do was click on it in the Apps tab, press “Connect Wallet,” and follow the prompts.
Although hot wallets like Best Wallet offer convenience, they’re inherently vulnerable to hacks due to their online nature. For that reason, we set up biometric identification and 2FA authentication when testing Best Wallet (more on that below).
Multi-Chain Support
In its roadmap, Best Wallet lays out plans to support over 60 chains in the future. As things stand, however, it doesn’t support as many.
We looked over its list of supported tokens and can confirm that it supports many popular cryptocurrencies across numerous blockchains, including Bitcoin, Ethereum, Polygon, and BNB Chain.
You can also import your own tokens by clicking on the “Import” button in the “Manage Tokens” menu on the main screen.
User-Friendliness
Best Wallet is a mobile-only crypto wallet (although a browser extension is in the pipeline). We found the mobile app to be very user-friendly and intuitive and had no trouble locating the features we needed.
You can find our detailed review of Best Wallet’s usability in the “Is Best Wallet Easy to Use?” section.
Upcoming Tokens
Best Wallet has a presale project directory, providing users with information on various new and developing crypto projects. By using this feature, we were able to discover and research new meme coins on presale.
This feature was very helpful as we could see the key presale details like tokenomics and project goals, which are vital for making investment decisions.
Staking
If you’re looking to stake some crypto coins, we found Best Wallet to be an excellent choice. It offers integration with leading staking protocols, Rocket Pool, and Lido.
Best Wallet supports staking for many major coins like $BTC, $ETH, and $USDT, to name a few. Keep in mind, however, that some coins have a minimum staking requirement, such as Polkadot ($DOT) – you need a minimum of 10 $DOT to stake.
To test the staking, we chose the Rocket Pool dApp for integration. The process was seamless.
To stake your coins and earn passive income by holding them in your Best Wallet wallet, you can connect to the dApp like Rocket Pool in the Apps tab of the application by following the prompts.
We found the process to be very quick after we connected our Best Wallet. To connect, go to Rocket Pool, find Best Wallet in the list of wallets, and click “Connect.”
In addition to in-app staking, you can stake any supported coin by going to its website and connecting it to Best Wallet. You can do so via a desktop website by scanning the QR code when prompted or via a mobile website by clicking “Connect Wallet” on a mobile browser.
Thanks to the guides provided by Best Wallet, we found connecting it to the projects fairly simple, having tested it with Best DEX. The prompts were very clear and easy to understand, and the whole process took less than two minutes.
You can also easily view and withdraw your staked coins in Best Wallet on the staking dashboard.
Is Best Wallet Affordable?
It’s free to download the Best Wallet app. It doesn’t charge any service fees or platform fees.
However, it does apply standard network fees (also known as gas fees).
These fees depend on the transaction size and the blockchain. They’re likely to be higher in peak activity times and on certain low-efficiency chains like Bitcoin or Ethereum.
In addition to the gas fees, you’re likely to pay liquidity pool fees, or protocol fees, during cross-chain swaps. These fees don’t go to Best Wallet but to the owners of tokens in the liquidity pool.
As well as the fees above, you might have to pay fees to the payment processor via Best Wallet if you’re selling or buying cryptocurrency through a specific processor like Onramper.
Overall, Best Wallet is one of the cheapest crypto wallets out there as it doesn’t charge fees for itself. However, your final fees will depend on the blockchain and the payment provider you choose.
Sending crypto | Blockchain network fees only |
Storing crypto | Free |
Receiving crypto | Free |
Swapping crypto | Blockchain network rates plus spread |
Buying & selling fiat | Payment provider fees only |
Is Best Wallet Easy to Use?
We tested Best Wallet’s usability on iOS. In our experience, it was fairly easy to set up and use Best Wallet, thanks to its intuitive mobile interface.
At the moment, Best Wallet is only available for mobile devices (although a browser extension is in development). Because of that, we were only able to test on a mobile phone (iPhone SE).
The app’s pages ]were simple to browse and offered clear information. We also liked seeing presale project directories and News on the “Apps” page.
We liked that the “Hide Suspicious Tokens” toggle was on upon start, highlighting Best Wallet’s commitment to security. The “Get Help” menu was visible, and there were plenty of articles on offer.
In addition to that, the Best Wallet app requires you to enter the passcode every time you open the app. This is a further testament to its security.
Our only two issues were with accessibility – dark mode isn’t available on Best Wallet at this time. However, that’s a matter of personal preference.
Below, we illustrate how to set up Best Wallet on your iOS or Android device.
How To Set Up Best Wallet in 6 Easy Steps
It’s very simple to set up Best Wallet as no KYC is required. All you need is an Apple or a Google account and a mobile number that can receive SMS. Here’s how to get started.
1. Download the Best Wallet App
Search for “Best Wallet” in your App Store or Google Play Store and tap “Get.”
2. Create Your Account and Follow the Steps As Directed
Once you’ve downloaded the app, open it and tap “Get Started.” You can create an account with Google or Apple.
If you choose “Continue with Google,” click “Continue” when prompted. If you choose “Continue with Apple,” use your Apple ID credentials to sign in (for example, using Touch ID). Follow the directions on the screen and wait for the app to create your account and keys.
3. Set a Passcode and Biometric Login
This is when you set up your credentials. Create a passcode and set up Face ID if you want to use it to log into Best Wallet. You can also use Touch ID if your device doesn’t support Face ID or fingerprint if you’re on Android.
4. (Optional) Allow Push Notifications
If you want to enable Best Wallet notifications, such as service updates, select “Allow Notifications” on the next screen. If you don’t want them, tap “Skip” at the top right-hand corner.
5. Set Up 2FA
Your Best Wallet is now ready for you to use. We recommend setting up 2FA to add an extra layer of security.
To do that, tap “Settings” in your Best Wallet app, go to “Two-Factor Authentication (2FA)” and toggle it on. You’ll be prompted to enter your phone number at the next step and verify it via an SMS.
Best Wallet Reviews – What Are Other Users Saying?
In addition to our own testing of Best Wallet, we looked at its Trustpilot best crypto wallet reviews to see how other people’s experiences compare with ours. Many of those impressions matched ours.
For instance, many users praise the intuitive mobile interface of Best Wallet. The general sentiment is that the app is easy to use and the holdings are easy to manage, and the consensus was that Best Wallet is legit.
Several users commented on the smooth and hassle-free transaction experience. Others stated how simple it was to convert cryptocurrency into fiat and vice versa.
However, not all Best Wallet reviews were glowing recommendations. For instance, a few people reported performance issues during high-volume trading and high-traffic periods. Note, however, that the frequency of these issues depends on the blockchain.
There were also a few users who reported issues after Best Wallet’s app update, such as being locked out of their accounts. Some people also stated that the customer service may be slow to respond, which we expected given that Best Wallet doesn’t have a Live Chat option.
Generally, Best Wallet seems to offer a seamless in-app experience and ease of use, but performance inconsistencies and customer service are areas of improvement.
Best Wallet Alternatives – How Does it Compare?
If you’re looking to compare Best Wallet to other cryptocurrency wallets to figure out the best solution, check out the table below.
Wallet Provider | Top Choice For | Standout Features |
Best Wallet | Ease of use & access to presales |
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Zengo | Robust online protection |
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Cypherock | Hardware-based asset protection |
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Best Wallet vs Zengo – Which is Better?
It can be overwhelming to choose between cryptocurrency wallets, especially with packed options like Best Wallet and Zengo. Both these wallets have a lot to offer, but they cater to different users’ needs.
Security
Both Zengo and Best Wallet are hot non-custodial wallets, allowing users full control of their assets. However, Best Wallet uses traditional private keys and seed phrases, whereas Zengo uses a keyless security model and facial recognition for authentication and account recovery.
Given Zengo’s keyless model, it’s arguably a more secure wallet because users are in no danger of losing their key or seed phrase. However, if you’re comfortable with managing them, Best Wallet is a secure enough option. Moreover, Best Wallet offers 2FA, which Zengo does not.
User Experience
Both Zengo and Best Wallet offer user-friendly and accessible mobile apps that are simple and intuitive. In our experience, however, Best Wallet’s app was slightly easier to use.
Crypto Management
Best Wallet will support over 60 blockchains in the near future. Zengo, on the other hand, supports fewer coins, although it does support most major ones like $BTC, $ETH, and $DOGE. If you’re looking to build a diverse portfolio, Best Wallet is likely the better option.
Key Findings
Best Wallet is a non-custodial wallet that aims to make cryptocurrency storage and transactions convenient for all users.
For example, users of Best Wallet can buy its native token – Best Wallet Token ($BEST), currently in the presale stage. This token unlocks governance rights, and users benefit from reduced fees across the Best Wallet ecosystem. They can also earn free tokens via airdrops.
To conclude, Best Wallet might not be perfect, but it offers a lot in terms of security and usability. This makes it a popular choice for crypto enthusiasts today.
Remember, this article doesn’t constitute financial or investment advice. Always make sure to do your own research (DYOR) before choosing a financial or investment product.
Frequently Asked Questions About Best Wallet
1. What is Best Wallet?
Best Wallet is a non-custodial hot cryptocurrency wallet optimized for mobile use. It’s designed to manage, buy, and sell digital assets in a seamless way.
2. What is the Best Wallet Token ($BEST)?
$BEST is Best Wallet’s native cryptocurrency token. It’s currently in the presale phase, trading at $0.024275, and offers a gamified way to earn airdrops and exclusive access to presales.
3. Is Best Wallet safe?
Best Wallet offers 2FA authentication and top-level encryption. As it’s a non-custodial wallet, users have full control of the keys. This reduces the risks of hacking and breaches.
4. Is Best Wallet good for beginners?
Best Wallet is good for beginners in a way that it offers a simple mobile interface and plenty of educational resources on crypto. However, make sure to DYOR before choosing any crypto wallet.