Home How to Buy Best Wallet Token ($BEST) – Detailed Guide

How to Buy Best Wallet Token ($BEST) – Detailed Guide

Best Wallet is a self-custody wallet with a broad ecosystem. This includes everything from a decentralized exchange and staking tools to an iGaming hub.

Best Wallet recently launched its presale event, allowing investors to purchase $BEST tokens before the first exchange listing.

This guide explains how to buy Best Wallet Token at presale prices. We also explore how Best Wallet works, and what the future holds for the $BEST price.

3 Key Points About Best Wallet Token (BEST)

Let’s start with some key takeaways about the Best Wallet Token presale:

  • Wallet Ecosystem Token: $BEST is the project’s ecosystem token, meaning it provides real utility to holders. The key perks include higher staking rewards, access to new presales before the wider market, and reduced wallet transaction fees. $BEST is also a governance token, so holders can vote on important project decisions.
  • Presale Event: The presale enables investors to buy $BEST before any exchange listings. This means presale buyers get the lowest entry price. The current presale price is $0.02275, but this will increase shortly. Additional price hikes happen after each presale stage, of which there are 100. The presale concludes in May 2025.
  • Tokenomics: The $BEST tokenomics, which have been audited by Coinsult, are transparent and verifiable. The total supply is 10 billion $BEST, and 4.5% will be sold during the presale. The remaining tokens have been allocated to core departments, including marketing, staking, exchange liquidity, and product developments.

How to Invest in Best Wallet Token ($BEST)- Beginner’s Guide

We’ve covered the basics, so let’s move on to our step-by-step investing guide.

Read on to invest in the Best Wallet Token presale in under five minutes.

Step 1 – Download Best Wallet

All presale steps can be completed within the Best Wallet ecosystem. Therefore, the first step is to download the Best Wallet app.

Best Wallet download

Ensure you click the download link from the Best Wallet website rather than search for it manually. This ensures you’re using the official app.

Step 2 – Buy Some Crypto 

The Best Token presale accepts $ETH and $USDT on the Ethereum network. You can easily deposit these coins into Best Wallet. Just click “Ethereum” and copy the wallet address. Proceed to transfer the respective coin to this address and wait about a minute for confirmation.

Alternatively, those without $ETH or $USDT can buy some coins on Best Wallet. It has partnered with reputable fiat on-ramp providers, so you can instantly purchase coins with a debit/credit card or e-wallet. Some providers require KYC while others don’t, so check this before proceeding.

Step 3 – Go to the Upcoming Tokens Tab 

As mentioned, the presale is accessible directly in the Best Wallet app. You need to click the “Upcoming Tokens” tab.

Best Wallet Token presale

You will see a list of available presales; click “Best Wallet.”

Step 4 – Buy $BEST Token 

The final step is to enter the presale investment requirements.

This requires:

  • Purchase Coin: Choose from $ETH or $USDT, depending on what’s currently stored in Best Wallet.
  • Amount: Type in the number of coins to invest (e.g., 0.3 $ETH).

You can now confirm the purchase. The $ETH or $USDT coins will be deducted from the Best Wallet balance. This means you can close the app, as the presale investment is confirmed on the blockchain.

You will receive your $BEST tokens after the presale ends, which will be in May 2025.

What Is Best Wallet?

Best Wallet is considered one of the best decentralized crypto wallets. It supports self-custody storage, so only wallet users control the private keys and backup passphrases. However, Best Wallet – which is available as a mobile app for iOS and Android, is more than just a self-custody wallet.

It has built a diverse ecosystem that comes packed with products and services. All of which can be accessed without leaving the Best Wallet app. This includes a decentralized exchange that supports over 60 networks, including Ethereum, Solana, BNB Chain, and Polygon.

Best Wallet review

This enables Best Wallet users to swap thousands of tokens almost instantly. Best Wallet also supports fiat purchases, so investors can buy coins with everyday payment methods. It also has an iGaming hub, which connects users to the best Bitcoin casinos and sportsbooks.

Another feature is the presale aggregator, providing access to pre-vetted crypto launches. That said, some Best Wallet services are still being developed, including the browser extension, derivatives trading, advanced order types, analytics, MEV protection, and an NFT gallery.

These roadmap objectives are built into the project’s low valuation, meaning presale buyers have a first-mover advantage. We should also note that $BEST is a utility token, so people have legitimate reasons to hold it. This includes lower wallet fees, early access to new presales, and enhanced staking payouts.

Reasons Why Best Wallet Token Is a Strong Buy

Summarized below is the Best Wallet Token investment thesis:

  • Huge Wallet Ecosystem: Best Wallet offers an extensive all-in-one ecosystem, meaning users no longer need to rely on external providers. Whether users want to buy or swap tokens, invest in presales, or trade derivative products, everything can be accessed within the Best Wallet app. These features are in addition to its self-custody storage and decentralized transactions.
  • Wallet-Backed Tokens Are an Undervalued Market: According to CoinMarketCap, the total value of all wallet-backed tokens is currently $3.3 billion. This niche industry has exploded in recent weeks, with many tokens outperforming the broader markets. This shows that the narrative’s current valuation could be worth a small fraction of its true potential.
  • BEST Is Utility-Driven: Buying $BEST tokens not only offers an attractive upside but also benefits holders from multiple use cases. As mentioned, those holding $BEST get discounted fees when sending funds. They also get early access to new token launches, meaning the best price possible. Holders also receive governance rights, so they’re eligible to vote on important project proposals.
  • Presale Discounts: The presale runs across 100 stages, with each increasing the cost price. This incentive ensures that early investors are rewarded. For example, the current presale price is $0.02275 per $BEST token. This will have increased to $0.024975 when the final stage arrives. As such, an immediate upside of 9.7% is available for those investing today.

What Is the Price Potential of Best Wallet Token?

So that begs the question – what sort of returns are analysts predicting for Best Token presale investors? First, let’s start with the expected valuation. According to Best Wallet, 4.5% of the token supply has been allocated to the presale. Selling the entire allocation will mean a presale raise of just over $10 million.

This would give Best Wallet Token a fully diluted valuation (FDV) of approximately $225 million when the presale ends. Due to its extensive features, some analysts believe that $BEST could flip the market’s largest wallet token – $SAFE. Currently, $SAFE has an FDV of $1.1 billion.

This means $BEST would need to increase by about 4.8x. However, the longer-term outlook is significantly more positive, especially as more crypto investors turn to self-custody solutions. With this in mind, $BEST could be a $4 billion token by the end of 2025.

This would provide presale buyers with an estimated upside of 17x. However, these projections are not only speculative but Best Wallet faces increased competition. Therefore, you should conduct your own analysis before proceeding.

Note: To learn more about the future potential of $BEST token’s price, check out our Best Wallet token price prediction article.

The Verdict

We’ve explained how to buy Best Wallet Token via the recently launched presale. Investing early provides the lowest cost basis, with the presale price increasing as each stage ends.

Ultimately, holding $BEST provides exposure to the broader wallet industry, which is increasingly shifting toward self-custody solutions.

Those proceeding can invest directly in the Best Wallet app. Supported coins include $ETH and $USDT, and there are no minimum investment requirements.

FAQs

How to invest in the Best Wallet Token presale?

How much do BEST tokens cost to buy?

References

  1. Best Wallet whitepaper (Best Wallet)
  2. Best Wallet smart contract audit (Coinsult)
  3. What Is a self-custody wallet? How do I take control of my crypto and keys? (BitPay)
  4. Top wallet tokens by market capitalization (CoinMarketCap)

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The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Kane Pepi
Crypto Expert

Kane Pepi is a financial and cryptocurrency writer who has written over 2,000 articles, tutorials, and market analyses. Kane's expertise in specialized domains such as asset appraisal and analysis, portfolio management, and financial crime prevention has earned him a reputation for providing succinct explanations of difficult financial subjects. He holds a Bachelor of Science in Finance, a Master of Science in Financial Crime, and is currently working on his Doctorate degree, which will focus on the challenges of money laundering in the cryptocurrency and blockchain technology industries. Kane's wealth of industry experience make him a valuable resource for traders and…

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