How to get Best Wallet
You can download Best Wallet for both iOS and Android smartphones from the Apple App Store and Google Play Store.
Once you've downloaded the Best Wallet app, you can choose to import an existing wallet using your private key, or create a new wallet.
Important: When creating a new wallet, it is extremely important that you record your recovery phrase and put it somewhere secure. Never share your wallet password, private key or recovery phrase with anyone.
How to add cryptocurrency to Best Wallet
- Select "Receive"
- Search for the token to you want to deposit
- Copy the wallet address or scan the QR code
- Enter the wallet address to send tokens to your Best Wallet from an exchange or other wallet
Make sure you're using the correct network for the tokens you're looking to send so you don't lose them.
Which networks does Best Wallet support?
Best Wallet currently supports tokens on the Ethereum, Binance Smart Chain and Polygon networks, with plans to add more than 60 networks in future.
What payment methods does Best support?
- PayID
- Credit card
- Debit card
- Apple Pay
- Google Pay
- Neteller
- Skrill
- Revolut Pay
- PayPal
- Bank transfer
What fees does Best charge?
Best Wallet does not charge any fees directly, but you will need to pay certain fees when using the app.
If you purchase crypto using the Best Wallet, you'll need to pay transaction fees that will vary depending on the payment method and the provider you use.
For example, while there's no fee for using PayID or Apple Pay/Google Pay, there will be charges for using a card.
You will also need to pay a processing fee that again will vary depending on which payment provider you choose.
It can be hard to work out the percentage fee for each payment method, so compare your options first when looking to buy crypto through Best Wallet to make sure you get the best deal.
In our testing, we received 600.82 USDC for AUD$1,000 when using PayID and Banxa.
By comparison, we only received 580.72 USDC when using a credit card and Moonpay.
When using Best Wallet to send or receive crypto, you'll be charged the standard network fees (also known as gas fees). You'll also need to pay a fee when using the swap feature.
Is Best safe?
Best uses a number of security features to help protect your account. You must select enter a passcode when using the app, and can also enable FaceID and two-factor authentication.
Like with any self-custodial wallet, it's ultimately up to you to keep your funds secure by never giving out your password or recovery phrase. You should also never interact with a dApp without first confirming that it's legitimate.
What is the Best token?
Best has also launched a $BEST token that can be used to receive staking rewards, get discounts on transaction fees and early access to token presales.
Best wallet alternatives
Prices are subject to change and should be used as a general guide only
Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
