Best Cardano Wallet

How to get started with the best Cardano wallet

1. Download the Best Wallet app on iOS or Android.
2. Choose a PIN and write down your backup safety phrase.
3. Safely store, exchange, and sell Cardano with ease.

Why Best Wallet is the best Cardano wallet in 2025

Best Wallet is a user-friendly non-custodial wallet app that prioritizes security and safety. Users have full control of their private keys, with no access from third parties. Anonymity is also assured, with no KYC processes required. The Best Wallet app not only supports Cardano, but also other popular cryptocurrencies like Ethereum, Solana, and XRP. 

This makes Best Wallet a convenient option for storing diversified portfolios in one safe place. Best Wallet is the best Cardano wallet for buying and selling ADA. Tokens can be purchased with everyday payment methods like Visa, MasterCard, and PayPal, without users needing to provide personal information or ID verification documents. 

Instant token swaps with cross-chain functionality are also supported. This means you can swap ADA for SHIB, USDT, DAI, BNB, and more. Best Wallet users can also access new cryptocurrencies via the in-built launchpad. This offers exclusive access to innovative blockchain startups before the tokens are listed on exchanges. 

Completely secure

The following security features ensure that Best Wallet is the best Cardano wallet for security-conscious users:

• As a self-custody solution, private keys are securely encrypted on the user’s smartphone. Nobody but the user can access those private keys. 
• Users must enter a PIN or biometrics when opening the Best Wallet app. 
• Two-factor authentication can be added, ensuring an extra layer of security.
• Potential scam tokens received into the Best Wallet balance are automatically flagged as suspicious. 
• No KYC processes are implemented by Best Wallet, so users can avoid data breach risks. 

Read on to learn more about Best Wallet’s security framework. 

The first safety net comes when downloading the Best Wallet app. There’s no requirement to register an account or provide personal information, ensuring users retain their privacy from the get-go. What’s more, unique private keys are encrypted and downloaded onto the user’s smartphone. 

The encryption process ensures that no third parties (including Best Wallet) can view those private keys. After all, private keys provide access to self-custody wallets remotely. Users are also provided with a 12-word backup passphrase when opening the Best Wallet app. 

This offers a more user-friendly way of managing the private keys, so users should write them down and keep them stored offline (such as on a sheet of paper). Best Wallet also offers additional security steps when accessing the app. This includes a PIN or biometrics, with users choosing the most suitable option for their needs. 

Users can then click the settings icon within the Best Wallet to switch on two-factor authentication. This optional step requires a mobile number, as an SMS code will be delivered whenever the user opens the app.

Best Wallet has also designed a suspicious token warning system. This alerts users when they receive tokens that could be a scam. This is becoming common practice in the crypto space, with scammers airdropping tokens to random wallet addresses, hoping victims connect to a malicious smart contract. 

While Best Wallet is the top Cardano wallet for security, users should ensure best practices are implemented. 

For example: 

• Neither the private keys nor backup passphrases should be stored online, as this vastly increases the risk of a remote hack. 
• Users should also avoid connecting Best Wallet to unknown applications. 
• Another best practice is to ensure unknown links aren’t clicked, as these could install viruses or malware onto the smartphone device. 

Swap Cardano with millions of other cryptocurrencies

Best Wallet provides access to the broader Web 3.0 markets, meaning Cardano can be swapped for millions of other tokens. Swaps go through the Best Wallet exchange, which connects with decentralized liquidity pools on multiple chains. Put simply; users can swap ADA tokens without relying on centralized platforms, ensuring self-custody ownership is retained. 

Moreover, the Best Wallet exchange has an in-built aggregator that compares liquidity pool rates in real time. This is a huge perk for Cardano traders, as swaps are always conducted at market-leading rates.

• For example, suppose you want to trade ADA for SNEK, which also operates on the Cardano blockchain. 
• Best Wallet extracts prices for the ADA/SNEK pair across all decentralized pools. 
• Users are automatically connected with the ADA/SNEK pool offering the most competitive exchange rate. 
• Once confirmed, ADA is swapped for SNEK via a smart contract, with the trade reflected in the Best Wallet balance in seconds. 

Best Wallet is also the best Cardano wallet for swapping tokens from other blockchain ecosystems. For example, you might want to swap some ADA for ONDO, which is an ERC-20 token from the Ethereum blockchain. This cross-chain swap can be executed without leaving the Best Wallet app. 

Once again, the in-built aggregator sources the best market prices for Best Wallet users. Other supported networks include Solana, XRP, Arbitrum, BNB Chain, and more. This makes Best Wallet an ideal solution for building a balanced and diversified crypto portfolio. 

Buy, sell & store Cardano tokens safely

Looking to increase your exposure to Cardano? The Best Wallet app supports real-time ADA purchases with local currencies, from USD and GBP to AUD, CHF, and AED. First, users must select the purchase amount, currency, and payment method. 

For instance, suppose you want to buy $500 worth of ADA with Apple Pay. Best Wallet then compares trusted fiat gateways for the best prices. You can then complete the purchase in complete anonymity, with most fiat gateways offering a no-KYC service. 

The purchased ADA tokens are then deposited into the Best Wallet balance. Another popular feature is the fiat off-ramp, allowing users to sell ADA tokens for their preferred currency. For instance, suppose your ADA holdings value has increased by 150% so you wish to cash out. 

On the Best Wallet app, you elect to sell $1,250 worth for ADA and select bank wire as the withdrawal method. Best Wallet automatically connects you with the most competitively priced gateway, ensuring you get the most dollars for that ADA sale. The funds are then transferred accordingly. 

Stake & earn competitive APYs on Cardano tokens

Cardano uses the proof-of-stake mechanism, which is ideal for long-term holders. This is because ADA tokens can be staked for passive rewards while contributing to the network’s safety. Best Wallet is the best Cardano wallet for staking ADA, as it connects with external validators. 

Not only does this mean users can stake ADA with low minimums, but they don’t need to operate their own staking pool. Instead, ADA is transferred to the validator via a smart contract, which is responsible for security and uptime. As a staking aggregator, Best Wallet users can choose their preferred validator. 

For example, you might select a validator with the longest uptime record or one offering the highest APYs. Terms can vary between validators too, such as the minimum lock-up period. Validators also have their own fee structure, which impacts the APY returned. Do note that ADA is just one token that can be staked on the Best Wallet app. 

Best Wallet is compatible with 60+ network standards, many of which also use the proof-of-stake system. This means you can stake tokens from Ethereum, Solana, BNB Chain, Avalanche, and more. And, to maximize staking yields, users can swap tokens on the Best Wallet app. For instance, you might swap ADA for BNB because of higher APYs. 

Fully anonymous with true ownership of your assets

Best Wallet offers complete anonymity, making it the best ADA wallet for those prioritizing privacy. Unlike centralized wallet providers, Best Wallet users aren’t required to open an account. This means personal data isn’t collected or stored, whether you’re sending, receiving, or swapping ADA tokens. 

Importantly, Best Wallet is a self-custody app, so users can never be asked for KYC documents to complete transactions. This isn’t the case when storing ADA on a centralized exchange, as withdrawals can remain pending until the KYC procedure has been completed. This means users are forced to reveal their identity or face losing the respective tokens. 

An anonymous experience is also possible when buying and selling ADA with fiat money. Each fiat gateway has no-KYC limits, which can be several thousand dollars, depending on the provider. This is clearly displayed when setting up the purchase, meaning you can change the gateway provider to ensure privacy. 

It’s also important to note that Best Wallet doesn’t store user IP addresses. However, as an additional privacy layer, users can leverage a VPN when downloading and using the wallet. This also increases security, as internet service providers won’t see that you’re transacting with Cardano, an important safeguard for those living in countries with anti-crypto ethos. 

Find new upcoming Cardano tokens

The Cardano blockchain enables projects to be built on top of its base layer. This means secondary tokens benefit from Cardano’s fast, secure, and cost-effective transaction framework. Some of the most popular Cardano-based projects include Snek, World Mobile Token, Iagon, and Minswap. Purchasing these tokens early would have produced substantial gains. 

Best Wallet has created a decentralized launchpad for new tokens, where users can participate in innovative projects before the general public. This is because Best Wallet launchpad events are pre-listing opportunities, so traders get the lowest market capitalization available. Put otherwise, launchpads are a great way to discover new crypto startups before they explode. 

For example, Catslap opted for the Best Wallet launchpad in November 2024. The event enabled Best Wallet users to buy SLAP tokens at a fair launch price of just $0.00011. SLAP reached $0.01014 on Uniswap within a week of the launchpad event, providing degens with 9,000% returns.

Pepe Unchained is another example of how early launchpad purchases can pay off. The initial launchpad stage priced PEPU tokens at just $0.008. The PEPU price reached $0.06858 after listing on exchanges, meaning 700% returns for early participants. All Best Wallet launchpad events offer a secure and anonymous experience. 

Here’s how it works:

• Users click the “Upcoming Tokens” icon on the Best Wallet app
• A list of available launchpad events is displayed, such as Wall Street Pepe, Solaxy, and MIND of Pepe. 
• Click an event allows users to research the project, such as its concept, utility, token supply, and whitepaper. 
• Users can immediately participate in their chosen launchpad event, with purchases made from the Best Wallet balance.
• Many launchpad events offer staking APYs as soon as the purchase is made. 
• Users receive their launchpad tokens before the first exchange listing.  

Accepted cryptocurrencies depend on the project, although the Best Wallet swap tool is available if needed. For example, suppose you’re holding ADA, but the event only accepts USDT. You can instantly swap ADA for USDT on the Best Wallet exchange and use those USDT tokens to take part. 

BEST ecosystem token & airdrop

The Best Wallet experience is taken to the next level when holding BEST tokens. BEST is unique to the Best Wallet ecosystem, with holders entitled to a range of benefits and perks. 

For example:

• BEST ensures priority access to new launchpad events. Holders can support their preferred project in the first presale round. This means non-holders pay a higher price, translating to an immediate upside for the BEST community.   
• Like any ecosystem, Best Wallet charges fees for some products, including swaps and fiat purchases. While fees are competitive for all Best Wallet users, BEST holders get discounted rates. 
• BEST holders are also entitled to amplified staking rewards. Put otherwise, the highest APYs are reserved for the BEST community. This is particularly beneficial for long-term holders. 
• Best Wallet is run for the Web 3.0 community, with BEST holders having a say in the project’s direction. This translates to governance rights for key proposals, such as adding new chains, features, and more.  

BEST tokens will eventually be listed on exchanges, so prices will rise and fall as per market forces. However, BEST is currently being sold to launchpad participants via the Best Wallet app. This is the most effective way to secure a low token price, as launchpad rates increase every few days. 

• You can buy BEST with ETH, USDT, or BNB. 
• Only hold ADA? You can instantly swap ADA for any of these cryptocurrencies within the Best Wallet app. 

The Best Wallet launchpad event comes without minimum requirements, ensuring anyone can participate no matter their budget. That said, Best Wallet also offers the opportunity to obtain BEST tokens without spending a cent. This is because Best Wallet is running a generous airdrop program, where participants earn points for completing tasks. 

The airdrop dashboard offers many tasks, from following the Best Wallet Discord to sharing posts on X. The objective is to reward participants for helping to promote the Best Wallet app. Once the airdrop program ends, points will be redeemable for BEST tokens. As such, you can earn BEST completely risk-free. 

Simple asset management

As the best wallet for Cardano, Best Wallet ensures asset management is a seamless process, even for beginners. For example, you can view the ADA balance whenever the Best Wallet app is opened. This shows the number of ADA tokens stored and the current market value, displayed in USD. 

Users can easily change the default currency via the Best Wallet settings icon. A wide range of currencies are supported, from ARS, BRL, and CNY to GBP, EUR, and NZD. This ensures ADA balances are shown in the local currency. Another feature is notifications, meaning users are alerted to wallet activities. 

For example, you’ll receive a mobile pop-up whenever tokens are deposited into the Best Wallet balance. Asset management also extends to custom tokens, with Best Wallet compatible with any crypto asset from 60+ network standards. This is invaluable when buying new tokens, as it’s just a case of pasting the project’s contract address into the Best Wallet app. 

Trusted & loved by our users

Thousands of independent reviews rate Best Wallet as the best Cardano wallet, with top ratings on both the App Store and Google Play. This is an invaluable metric for first-time users. 

Many reviews note Best Wallet’s beginner-friendly layout, while others praise the app for its commitment to anonymity and security. 

Exciting roadmap

In addition to the existing Best Wallet ecosystem, such as token swaps, launchpad events, and fiat gateways, many other features will be launched in the coming months. 

Here’s what the Best Wallet roadmap looks like for 2025:

• Derivatives: Best Wallet will soon support derivative trading directly from the mobile wallet app. This means users can speculate on ADA and other popular tokens with leverage. Backed by perpetual contracts, users can go long or short on all supported markets. 
• Best card: Another exciting roadmap feature is the Best Card, a virtual payment card connecting Best Wallet with Google and Apple Pay. This will allow users to make purchases directly from their Best Wallet balance. 
• Rewards program: The Best Card will also come with a rewards program. Users will receive tokenized rewards of up to 8% on all eligible purchases, including online and in-store payments. 
• Analytics and news: Best Wallet users will be able to make informed trading decisions via real-time analytics, including on-chain trends and broader sentiment. A news feed from trusted media outlets will ensure users are aware of key market developments. 
• Browser extension: Best Wallet users will soon have access to a secure browser extension. This provides access to wallet features on desktop devices via popular browsers like Firefox and Chrome. 

How to get a Cardano wallet

Ready to get started with the best Cardano wallet app? 

Here’s a walkthrough of the required steps:

Step 1: Download the Best Wallet app

The Best Wallet app is available to download for free. A native app for iOS and Android devices ensures a smooth and secure user experience. 

Proceed to download the app to your smartphone. 

Step 2: Choose a PIN

Now open the Best Wallet app and choose a PIN. Avoid using generic or easy-to-remember combinations. 

Note: Prefer biometrics? After getting everything set up, you can set up biometrics via the settings page. This means you’ll log in with a fingerprint ID rather than a PIN.

Step 3: Write down the backup passphrase

The backup passphrase shown on-screen is unique to your wallet app. Nobody else can view it, as the passphrase is encrypted between your smartphone and the Best Wallet server. 

Write the passphrase down and keep it somewhere safe. Importantly, never write the backup passphrase online, such as on a desktop or mobile device. 

And that’s it – your Cardano hot wallet is now set up. 

Here are some of the steps you can now take:

• Transfer ADA to the Best Wallet balance
• Swap ADA for another token, such as ETH or BNB
• Buy ADA with a debit/credit card and other payment methods
• Take part in upcoming token launches 
• Connect to Web 3.0 dApps via WalletConnect

What is Cardano?

Cardano is a layer-1 blockchain that was launched in 2017. It was developed by Charles Hoskinson, the co-founder of Ethereum. Cardano leverages the proof-of-stake consensus mechanism called Ouroboros, making it an energy-efficient alternative to Bitcoin. 

Cardano blocks take about 20 seconds to reach finality, ensuring speedy transactions on a boardless basis. Fees, while varying depending on the transaction complexity, are typically a few cents, no matter how much is being transferred. 

Cardano supports decentralized applications, allowing Web 3.0 developers to build innovative ecosystems and projects. Cardano’s native token is called ADA and it’s one of the largest by market capitalization. 

ADA is used to settle transaction fees. It also provides governance rights and the ability to earn Cardano staking rewards. Ultimately, Cardano offers the ideal balance between long-term sustainability and efficient transacting, making it a legitimate home for the Web 3.0 era. 

Features of the Cardano blockchain

Here are some innovative features to consider when using the best Cardano software wallet:

• Decentralization and security: Cardano’s Ouroboros mechanism, a variant of proof-of-stake, ensures the blockchain’s decentralized status. It also ensures robust security, with Cardano’s safety protocol led by academic research. 
• Two-layer framework: Efficiency is a key focus of Cardano, which is why it developed a two-later framework. The settlement (for transaction settlement) and computation (for decentralized applications) layers are kept separate, allowing the Cardano blockchain to reach significant scalability. 
• Native tokens: While Cardano’s native token is ADA, the blockchain supports secondary projects. This means anyone can launch tokens in the Cardano ecosystem. Existing examples include Snek, Indigo Protocol, and Charles the Chad.
• Governance: The Cardano blockchain is a strong proponent of decentralized governance. Token holders vote on new proposals and the outcome must be honored by the core development team. 
• NFT support: Cardano also enables users to mint and trade NFTs, opening the doors to a substantial marketplace. As the best Cardano NFT wallet, the Best Wallet app offers gallery features, meaning digital artwork can be viewed seamlessly. 

How to choose a Cardano wallet

The following checklist will help you select the best Cardano wallet in 2025:

• Security: Look for key security features like two-factor authentication and biometrics. Encrypted private keys are also important, a key feature available to Best Wallet users. This ensures nobody but the wallet owner can access the funds. 
• Self-custody: Always opt for a self-custody Cardano wallet. Otherwise, you won’t truly own the ADA tokens being stored. Additionally, you’ll need approval from a third party when sending or receiving funds. Best Wallet ensures complete autonomy at all times. 
• Multi-chain access: The best Cardano wallets support other popular blockchains. This ensures users have unfettered access to the broader crypto ecosystem. Best Wallet supports 60+ other blockchains, including XRP, Ethereum, and Solana. 
• Trading tools: You can avoid using third-party exchanges when choosing an ADA wallet with in-built trading tools. Best Wallet users can swap ADA with millions of other tokens. They can also buy and sell ADA with fiat currencies. 
• Privacy: Another important metric is privacy. Cardano traders should be able to store wealth and transact without revealing their identity. Best Wallet never collects or stores user data, ensuring conventional know-your-custom procedures are avoided. 
• Device support: Most users prefer mobile apps when sending, receiving, and storing ADA. This includes the Best Wallet app for iOS and Android. However, some users prefer desktop solutions, which is why Best Wallet is also launching a browser extension.  

Overall, the best Cardano wallet should offer the perfect balance between user-friendliness, security, and privacy. That’s why the Best Wallet app boasts excellent reviews from existing users. ADA, plus millions of other tokens, can be stored safely via a self-custody interface. 

ADA can be sent, received, and traded in privacy, with Best Wallet users never being asked for personal information or KYC documents. Best Wallet also allows users to swap ADA with cryptocurrencies from other networks, such as Ethereum and TRON.  

References

1. What are smart contracts on blockchain? (IBM)
2. Cardano/USD coin metrics (CNBC)
3. Delegate your stake (Cardano)
4. What traders need to know about ‘staking,’ the passive income opportunity at the center of crypto’s latest regulation scare (CNBC)
5. Relevant research papers and specifications (Cardano)