Best Crypto Wallet in Canada

How to get a crypto wallet in Canada

1. Download the Best Wallet app directly to your iOS or Android device.
2. Start buying, selling, swapping, and staking cryptos within the app.
3. HODL, monitor, and manage your crypto portfolio anytime, anywhere.

Why Best Wallet is the best crypto wallet in Canada

Best Wallet is the most secure, trustworthy, and easy-to-use crypto wallet in Canada today.

With Best Wallet, you can buy, hold, and trade thousands of cryptocurrencies across all major blockchains. You can also interact with Web3 through dApps and participate in DeFi through integrated staking. No matter how you use Best Wallet, you maintain full control over your crypto.

Let’s examine everything Best Wallet offers to see why it is the top crypto wallet in Canada.

Completely secure

Best Wallet offers cutting-edge security features and multiple layers of protection to ensure your crypto is safe. You get:

• Full self-custody of your wallet
• A secure four-digit PIN code
• Two-factor and biometric authentication
• Crypto insurance provided by Fireblocks

These overlapping security layers make Best Wallet the safest crypto wallet on the market. It’s never been hacked and never has access to the private keys that unlock your wallet.

Plus, if anything were to happen to your tokens, you can rest easy knowing that your Best Wallet account is protected by insurance from crypto security provider Fireblocks.

Buy, store, swap & stake crypto on over 60+ chains

Best Wallet supports thousands of tokens across more than 60 major blockchains, including Bitcoin, Ethereum, Solana, Ripple, Tron, BNB, and more. You can buy and trade all of the most popular cryptos with no restrictions.

Blockchain	Buy	Sell	Swap	Earn	dApps
Ethereum	✓	✓	✓	✓	✓
Bitcoin	✓	✓	X	X	X
BNB Smart Chain	✓	✓	✓	✓	✓
Solana	✓	✓	✓	X	X
Polygon	✓	✓	✓	X	X
Tron	✓	✓	✓	X	X

Best Wallet’s crypto on-ramp makes buying and selling Bitcoin and crypto in Canada a breeze. You can choose from popular payment methods like credit and debit cards, PayPal, Apple Pay, Google Pay, Neteller, Skrill, and Interac e-transfers. This is a huge advantage that makes Best Wallet the best Canadian crypto wallet app for first-time crypto users and experienced investors alike.

Best Wallet also makes changing between cryptos simple with a built-in token swap and decentralized exchange (DEX). Seamless bridging between blockchains allows you to go from Ethereum to Solana to Bitcoin without any extra steps.

In addition, Best Wallet has some of the lowest transaction fees in Web3. It automatically searches multiple liquidity providers to find the best rate, so you get the most crypto with every swap.

To help you get even more from your tokens, Best Wallet also offers crypto staking right inside your wallet. You can stake popular tokens with no lock-up periods and earn generous APYs to build your portfolio.

Fully anonymous with true ownership of your assets

Best Wallet takes privacy to the next level by eliminating all ID verification and KYC checks. All you need to open a Best Wallet account in Canada and buy crypto is an email address.

That means Best Wallet never has your personal information, so your identity can’t be associated with your wallet. You can remain fully anonymous as you trade crypto and navigate Web3.

In addition, Best Wallet’s full self-custody approach means that you truly own your digital assets. Only you have the private keys that unlock your wallet and provide access to your tokens. This is a critical sovereignty feature that makes Best Wallet the best Bitcoin wallet in Canada.

Find new upcoming tokens

Best Wallet’s built-in Upcoming Tokens launchpad is a hub for the newest crypto tokens, giving you a chance to buy them at a discounted price before they hit exchanges. This is what makes this platform one of the top crypto wallets in Canada for finding and participating in emerging projects.

With Upcoming Tokens, you can quickly find key details about new tokens like how much money they’ve raised, what utility they offer, and more. When you find a token to trade, you can connect Best Wallet to the project’s presale with just a tap and make a purchase in seconds. 

Seamless dApp integrations

Best Wallet seamlessly integrates with thousands of dApps across the Ethereum, Solana, and BNB blockchains. All it takes is a tap to connect your wallet.

Some of the hottest dApps on Best Wallet right now include DEX aggregators like DEXTools and DEX Screener. The Best Wallet team is actively developing new dApp integrations that will be accessible from the app, creating even more seamless connections across Web3.

Ecosystem token & airdrop

The best crypto wallet in Canada is getting even better thanks to the $BEST ecosystem token.

$BEST Token holders qualify for reduced transaction fees on crypto purchases, swaps, and trades. They also receive enhanced staking rewards on popular tokens and exclusive early access to new crypto presales launching on Upcoming Tokens.

$BEST Token is available now through the Upcoming Tokens launchpad, or you can qualify to participate in the upcoming $BEST Token airdrop. Just connect your X account to Best Wallet and complete quests like resharing social posts to earn points. The more points you earn, the more $BEST Tokens you’ll receive.

Trusted & loved by our users

Users have named Best Wallet the top free crypto wallet in Canada, rating it 4.6 stars in the Apple App Store and 4.5 stars in Google Play. Reviews highlight Best Wallet’s innovative features, airtight security measures, and seamless user experience as factors that put this wallet over the top.

Exciting roadmap

The top Canadian Bitcoin wallet is leveling up with new features coming soon. Best Wallet plans to introduce new developments like additional crypto management tools, browser extensions, an in-app NFT gallery, and more.

One of the most exciting features on the horizon is Best Card, a wallet-linked debit card that will enable seamless real-world purchases using your crypto. Best Card users can eliminate foreign transaction fees and look forward to cashback on every purchase.

Best Wallet has been checking new developments off its roadmap at a fast pace, helping keep this top crypto wallet at the forefront of Web3.

Getting started with Canada’s best crypto wallet

Here’s how to get the best cryptocurrency wallet in Canada in a few easy steps.

Step 1: Download Best Wallet

Download Best Wallet for free from the Apple App Store or Google Play and install it on your device.

Step 2: Create a Best Wallet account

Tap Get Started and enter your email address. Check your email and verify the code. Then, set a 4-digit PIN to secure your wallet.

Step 3: Turn on two-factor authentication

Enter your phone number and verify the code you receive by text message to activate two-factor authentication. Then, scan your finger to activate biometric authentication, which enables fingerprint unlock on your mobile device.

Now you’re ready to use Best Wallet to buy and store cryptocurrency, connect to dApps, find the hottest new tokens, and more.

What is a crypto wallet?

A crypto wallet is a software platform or app that enables you to securely store cryptocurrencies. Crypto software wallets may only store one specific type of cryptocurrency, like Bitcoin, or they may support thousands of different cryptocurrencies that operate on different blockchains. Best Wallet supports tokens from more than 60 blockchains.

Crypto wallets have two types of cryptographic keys: a public key and a private key. The public key is shared with other crypto wallets to enable transactions like sending or receiving tokens. The private key is known only to the wallet owner and authorizes transactions that take crypto out of the wallet.

Importantly, crypto wallets in Canada can either be custodial or non-custodial. Custodial wallets are managed by a third-party provider, like a crypto exchange. The wallet manager knows your wallet’s private key and has just as much control as you do over any tokens in your wallet. 

Non-custodial wallets like Best Wallet, also known as full self-custody wallets, are managed solely by you. You are the only one that knows your wallet’s private key, so you have full control over your digital currencies.

Why do you need a Bitcoin wallet?

Having the best Bitcoin wallet in Canada is essential if you want to own cryptocurrency. There is no way to store Bitcoin or other cryptos without a wallet. It’s also impossible to interact with dApps or buy and sell most crypto tokens without a wallet.

Crypto wallets not only enable buying and storing crypto, but they also make it much easier to engage with Web3. Wallets like Best Wallet offer integrated tools for managing your tokens, connecting to dApps, and swapping between tokens. 

How to choose a crypto wallet

Here are some of the key things to look for when picking the best crypto wallet app in Canada.

Self-custody

Self-custody crypto wallets like Best Wallet put you in full control of your digital assets. You alone have your wallet’s private keys, giving you true ownership of your tokens.

Avoid custodial wallets provided by crypto exchanges, since the exchange has access to your crypto in these wallets. There are many examples of crypto exchanges going out of business and taking tokens stored in customers’ custodial wallets. 

Security features

Security you can count on is critical when choosing the best wallet for crypto. Look for multi-layered security mechanisms that make it virtually impossible for anyone but you to access your wallet. Best Wallet uses a combination of PIN codes, two-factor authentication, and biometric authentication, all of which are considered much safer than passwords.

In addition, only use wallet platforms that have a track record of keeping users’ assets secure and haven’t been hacked.

Multi-chain support

Choosing a multi-chain wallet that supports thousands of cryptocurrencies enables you to fully explore the growing world of Web3. You need the ability to seamlessly move between tokens on Ethereum, Solana, BNB, and other top blockchains, plus support for Bitcoin, Dogecoin, and other standalone networks.

Best Wallet supports 60+ blockchains and allows you to bridge tokens between them with a tap. 

Buying and trading features

Having the ability to buy crypto with fiat and trade tokens you own without leaving your wallet is a crucial feature. This makes it easier to onramp into Web3 and cash out your crypto earnings. Built-in swaps also enable you to take full advantage of staking rewards and a growing ecosystem of dApps.

Best Wallet offers a built-in crypto onramp, token swap, and DEX, so you can seamlessly manage all of your digital assets right from the app.

Fees

It’s easy to find a free Bitcoin wallet in Canada—there’s no need to pay. Best Wallet is completely free for storing and managing crypto.

For wallets that offer buying and other crypto trading features, be sure to check what transaction fees they charge. Best Wallet works with multiple payment providers and DEXs to ensure you get the best rate for your crypto every time.

How to keep your crypto wallet safe

Here are a few tips for how you can keep your crypto wallet safe:

• Choose a complex PIN: When setting a PIN code for your wallet, don’t use 1234 or your birthday. Instead, choose a complex PIN that can’t be easily guessed.
• Activate two-factor authentication: Two-factor and biometric authentication are more secure than PIN codes alone. Activating these makes it very difficult for someone to access your wallet without physical access to your device.
• Never share your private key: Never share your wallet’s private key with anyone. No legitimate crypto project, dApp, or exchange will ever ask for this information.
• Regularly update your wallet: It’s important to keep your wallet app updated to the latest version. Developers at Best Wallet are frequently updating the software and adding new security features to stay ahead of threats.
• Always double-check URLs: Scammers frequently use look-alike URLs to trick crypto owners into connecting to a fake site. Only click on links you trust and always double-check the URL to make sure it’s correct.
• Don’t respond to unsolicited messages: Legitimate crypto projects only communicate through public channels, such as on social media. Never respond to unsolicited private messages.

Best Wallet is the best BTC wallet in Canada today. It offers hardened security features, full control over your crypto, and complete anonymity on the blockchain. Plus, Best Wallet is packed with features like support for 60+ blockchains, a built-in DEX, and a crypto launchpad to ensure everything you need to explore Web3 is just a tap away.

Ready to get started with the top Canadian crypto wallet? Download Best Wallet today.

References

• What is a DEX (Decentralized Exchange)? (Chainlink)
• Crypto Staking Overview: How It Works, Benefits, Risks, and Future (Chainalysis)
• Password Alternatives for Authentication (Identity Management Institute)

Frequently Asked Questions