Best Wallet ($BEST) has raised over $10.2 million in presale funds, further cementing its position as the leading noncustodial Web3 wallet.
As the crypto market continues to evolve, the need for wallets to help users navigate the changing landscape has never been greater.
This is underscored by former Binance CEO Changpeng Zhao, who believes crypto wallets should take the lead in handling daily transactions, shifting this role away from exchanges.
Designed for everyday use, Best Wallet is user-friendly and accessible to everyone, from beginners to seasoned users.
What sets Best Wallet apart is its cutting-edge features, which older wallets lack. These helped it quickly amass over half a million users in under a year.
The total funding for its presale is another strong testament to the Web3 wallet’s growing influence.
New investors are securing $BEST tokens at $0.02405, anticipating the next stage in less than 10 hours, which will trigger a price increase.
CZ believes crypto wallets should be used for daily transactions, with exchanges reserved for professional traders
Once considered merely tools for storing digital assets, crypto wallets have evolved to interact with dApps and function within the broader DeFi ecosystem.
Former Binance CEO CZ believes that crypto wallets should also handle daily transactions, with exchanges reserved for professional traders.
He emphasizes that wallets are fully capable of managing everyday transactions, and users shouldn’t need to rely on exchanges for this purpose.
The role of wallets is expanding, with CZ highlighting their growing importance in accessing government services.
As more governments adopt blockchain-based solutions, wallets become crucial for tasks beyond transactions.
For example, the EU is pushing for digital identity wallets, which can serve a variety of functions, including making payments, managing digital identities, and signing contracts.
Next-generation wallet Best Wallet has embraced these evolving functions, developing a noncustodial wallet designed for daily transactions, as CZ suggests – and much more.
Best Wallet features have been crafted to ensure users get the most out of every transaction in the market.
With Best Wallet, users might not need exchanges at all
Some of Best Wallet’s basic transactional capabilities include ultra-low transaction fees, improved pricing, and faster transaction processing.
Additionally, it offers iGaming features, granting users access to free spins, loot boxes, top-tier deposit bonuses, free plays, and reduced fees.
Best Wallet’s DeFi features also provide users with access to higher staking rewards through its staking aggregator.
However, Best Wallet is not just a crypto app but also an entire ecosystem.
Through this ecosystem, users will eventually be able to make daily transactions using Best Wallet’s debit card service, further connecting crypto to traditional financial systems.
Moreover, it is already easy for users to off-ramp their crypto and have funds directly deposited into their bank accounts in the fiat currency of their choice.
The ecosystem also extends to Best Wallet’s own DEX, allowing users to swap and trade directly within the app.
This approach makes CZ’s statement a moot point, as Best Wallet users do not need to rely on exchanges, as transactions can all be completed within the app.
Best Wallet’s most advanced feature: Upcoming Tokens
But perhaps the feature that has helped Best Wallet reach half a million users in a short span of time, with over 50% actively using the app, is its new project finder, Upcoming Tokens.
This tool identifies new projects with long-term growth potential and uncovers them during their early stages, such as during presale.
One example of a token Best Wallet accurately spotted is Wall Street Pepe ($WEPE), which raised over $73 million during its presale and has appreciated by 109% in the past two days, according to CoinMarketCap data. It was also the trending coin on Dexscreener on Wednesday.
Upcoming Tokens has proven its accuracy on two other occasions, such as with Pepe Unchained ($PEPU) and Catslap ($SLAP), which provided returns up to 700% and 7,000% for investors, respectively.
Another recent project Best Wallet discovered is BTC Bull Token ($BTCBULL), a token that rewards holders with actual Bitcoin.
This highlights another one of Best Wallet’s features, which is its multichain functionality.
Through its strategic partnership with Best Wallet, users who purchase $BTCBULL, an ERC-20 token, during presale can receive rewards in $BTC without needing to set up another wallet.
How to buy $BEST tokens during presale
No other Web3 wallet offers the same capabilities as Best Wallet. To enjoy all the benefits, owning the $BEST token is essential.
To secure $BEST tokens at a discount, visit the Best Wallet presale website and connect your wallet.
$BEST can also be purchased in the Best Wallet app using a bank card or by swapping other cryptocurrencies like ETH or USDT.
Best Wallet makes importing and consolidating assets into the app from other wallets easy.
Download the app on Google Play or the Apple App Store if you’re a new user.
Join the conversation in Best Wallet’s community on X, Telegram, and Discord.
The post CZ Puts Crypto Wallets Ahead of Exchanges as Best Wallet Rakes in $10.3M in Presale appeared first on Cryptonews.
