Following the Bybit breach, demand for non-custodial solutions has surged. Best Wallet ($BEST) is emerging as the leading multi-chain wallet, combining security with seamless functionality.
The presale for Best Wallet ($BEST) is quickly approaching the $11 million threshold, with total funds raised now at approximately $10.93 million.
Currently, the $BEST token is priced at $0.0243, but this rate will only last for the next 30 hours before an increase is triggered. Investors looking to secure tokens at a discounted price have a limited window to act.
As Best Wallet nears its $11 million milestone, industry insiders speculate that fundraising could soon wrap up, making this one of the last opportunities to join before the token hits the open market.
The recent Bybit security breach has further emphasized the need for self-custody solutions, with Best Wallet standing out not only for its security but also for its broad range of advanced features that make it a superior alternative to traditional crypto wallets.
Bybit Breach Reinforces the Importance of Self-Custody
On February 21, the Dubai-based exchange Bybit experienced a major hack that drained approximately 400,000 ETH – worth $1.5 billion at the time – from its cold wallet. The attack has been attributed to North Korea’s notorious Lazarus Group.
The hackers reportedly infiltrated Bybit’s security infrastructure by exploiting vulnerabilities in its multi-signature wallet setup. While multi-sig wallets are meant to provide enhanced security by requiring multiple authorizations for transactions, the attackers found a way to bypass these safeguards.
In response, Bybit CEO Ben Zhou executed emergency measures, securing liquidity from partner firms to meet withdrawal requests. However, the incident has severely damaged Bybit’s reputation and raised concerns about the security of centralized exchanges (CEXs).
The breach has already had a measurable impact on investor behavior, with staking figures on centralized platforms taking a sharp decline. Staked ETH on CEXs dropped from 8,597,984 ETH in September 2024 to 8,024,288 ETH by February 2025.
This event underscores why crypto holders are increasingly turning to self-custody solutions like Best Wallet, which eliminates reliance on third-party security by allowing users full control over their private keys.
Best Wallet: More Than Just a Secure Crypto Wallet
Best Wallet has rapidly become a go-to self-custody solution, gaining over 500,000 users in less than a year. With more than 250,000 active users and a monthly growth rate of 50%, it’s clear that demand for its advanced features is surging.
One key driver of its success is its efficiency. Unlike traditional wallets like MetaMask and Trust Wallet, Best Wallet integrates over 200 decentralized protocols and 20 cross-chain bridges to facilitate smoother, faster and more cost-effective transactions.
Users also benefit from seamless on-ramping, as Best Wallet supports over 100 fiat currencies, enabling direct crypto purchases at competitive exchange rates with low fees.
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Another standout feature is its Upcoming Tokens project screener, which has accurately identified top-performing new projects such as Pepe Unchained ($PEPU) and Catslap ($SLAP), which surged by 700% and 7,000%, respectively.
Even in a bearish market, the screener continues to highlight promising opportunities like BTC Bull Token ($BTCBULL) – which offers passive Bitcoin earnings – and Solaxy ($SOLX), the first Layer-2 scaling solution for Solana.
Could Best Wallet Make Centralized Exchanges Obsolete?
Best Wallet is more than just a secure crypto storage solution – it’s evolving into a complete crypto finance ecosystem. With its integrated decentralized exchange (DEX), users can trade assets directly within the wallet, eliminating the need to move funds to separate platforms.
This model significantly reduces reliance on centralized exchanges (CEXs), particularly given that Best Wallet also supports direct fiat on-ramping and off-ramping. By consolidating multiple functions into a single app, it streamlines crypto transactions and enhances security.
Even former Binance CEO Changpeng Zhao (CZ) has voiced support for this shift. He has stated that CEXs should primarily cater to professional traders, while everyday transactions should be handled through self-custody wallets like Best Wallet.
Best Wallet is also preparing to launch Best Card, a feature that will allow users to make real-world purchases using crypto. This will likely be powered by partnerships with payment processors such as MoonPay and Alchemy Pay, bridging the gap between digital assets and real-world transactions.
How to Buy $BEST Tokens Before the Presale Ends
Investors can gain early access to Best Wallet’s expanding ecosystem by purchasing $BEST tokens through the ongoing presale.
To participate, users can connect their wallets to the Best Wallet presale website and purchase tokens using ETH, USDT, or a bank card. Best Wallet’s intuitive design makes it easy to deposit and consolidate funds from multiple sources.
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The wallet’s multi-chain support is another major advantage, having recently expanded beyond Ethereum to integrate with Bitcoin. Solana compatibility is expected soon, making it one of the most versatile wallets available.
For those new to crypto wallets, Best Wallet is available for download on Google Play and the Apple App Store.
Join the growing Best Wallet community by following its X, Telegram and Discord channels for updates.
