Should You Store Crypto on Exchanges?

That‘s exactly why non-custodial tools like Best Wallet are quite important. Best Wallet’s self-custodial architecture, for example, ensures that users do not lose access to their money, no matter what happens. That attribute sets it apart from centralized exchanges where investors only rely on third-parties and can easily lose access during outages or shutdowns.

In addition to being a self-custodial wallet, Best Wallet also further improves financial freedom and privacy by embracing a no-KYC approach, allowing users to buy and swap cryptos without jumping through the hoops of extensive identity checks. This means users can rest assured that the kind of data leaks sometimes associated with centralized platforms are not a concern here.

Another important benefit of using Best Wallet is its clean, user-friendly interface, which makes it easy for beginners to find their way around and take full advantage of its features. Also, Best Wallet has a multi-wallet functionality, which has caught the attention of many users, allowing them to connect other wallets to it and manage different portfolios from one place.

At its core, Best Wallet is a multichain wallet that aims to support over 60 blockchains, empowering users to freely buy, send, receive, or swap any crypto across all compatible chains. However, since achieving this level of integration is an ambitious task, the Best Wallet team is gradually rolling it out through a series of updates.

In August, for instance, it added support for Solana, expanding a multichain lineup that already includes Bitcoin, Ethereum, Binance Smart Chain, Base, and Polygon. Therefore, users dont need to create separate wallets to access the assets across different networks, giving it an edge over competitors.

Other vital attributes of Best Wallet that also stand out include fiat payments, cross-chain swaps, staking perks, and most importantly, a token launchpad, making it a complete hub for all crypto users.

So far, Best Wallet has been positively reviewed by prominent crypto YouTube channels, including 99Bitcoins, further raising its visibility in the DeFi arena.