Best Crypto Wallet in the UK

The Best Wallet app ensures UK investors can safely send, receive, store, and trade crypto while retaining ownership and privacy. Read on to learn more about the best crypto wallet in the UK.

How to get a crypto wallet in the UK

Here’s how to get started with the best UK crypto wallet:

1. First, download the Best Wallet app via the App Store or Google Play
2. Secure the wallet with a PIN, biometrics, and two-factor authentication
3. Send and receive crypto, swaps tokens, or make an instant purchase with GBP

Why Best Wallet is the best crypto wallet in the UK

Best Wallet allows UK investors to store the best cryptos without worrying about third-party risks. It’s a self-custody wallet app, with the private keys encrypted onto the smartphone device. This means Best Wallet users control their crypto funds outright. Best Wallet is secured in many ways, including PIN, biometrics, and two-factor authentication.

No personal information is ever collected, ensuring privacy and anonymity. Best Wallet is also the best crypto wallet in the UK for multi-chain support. It’s compatible with over 60 blockchains, such as Bitcoin, Ethereum, Solana, and BNB Chain. Best Wallet also supports instant token swaps plus GBP purchases via debit cards and e-wallets.

Many UK investors also use Best Wallet’s crypto launchpad. This provides access to brand-new crypto tokens before they trade on exchanges, meaning a discounted price for early buyers. Best Wallet can also be used for staking, meaning crypto balances can generate passive income. All features are accessible via a secure and user-friendly app for iOS and Android. 

Read on to learn why Best Wallet is the most trusted free crypto wallet in the UK. 

Completely secure

Safety and security are the most important metrics when choosing the best crypto wallet in the UK. 

Best Wallet’s security features are summarized below:

• Accessing the Best Wallet app requires a PIN or biometrics, depending on the user’s preference.
• Two-factor authentication provides an extra security step. A code is sent via text message whenever access is requested. 
• Private keys, which provide ownership of the wallet funds, are encrypted onto the user’s device. Nobody but the user can access them. 
• Best Wallet users are provided with a backup passphrase consisting of 12 randomly generated words. This passphrase recovers access if the PIN is forgotten or the smartphone is lost. 

Let’s take a closer look at why Best Wallet is the best Bitcoin wallet in the UK for safety. 

First, it’s important to secure the smartphone device from unauthorized access. This is the first line of defense. We suggest a strong screen lock password or biometrics. 

Next, a PIN or fingerprint ID protects the Best Wallet app. This is required whenever the app is opened. Best Wallet also offers two-factor authentication, which we strongly advise switching on. 

Here’s how it works:

• You open the Best Wallet app and a code is sent to the registered phone number via text message. 
• Access to the wallet is only granted once the code is entered. 

Some Best Wallet users opt for a secondary device when using two-factor authentication. This means a bad actor would need both devices for a successful exploit. 

Now for the private keys, which allow users to authorize transactions from the wallet balance. These are encrypted onto the smartphone device, ensuring third parties cannot view them (including Best Wallet). This makes Best Wallet a fully decentralized and non-custodial wallet. 

However, private keys are long and complex, so Best Wallet also provides a 12-word backup passphrase. These represent the private keys but in a more user-friendly way. 

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

Best Wallet is the best crypto wallet in the UK for storing different tokens in one safe place. It’s compatible with over 60 blockchain standards, creating the perfect solution for highly diversified portfolios. 

Here’s a snapshot of the most popular networks available when using the Best Wallet app:

Network	Send	Receive	Store	Buy	Sell	Swap
Bitcoin	✅	✅	✅	✅	✅	❌
Ethereum	✅	✅	✅	✅	✅	✅
Solana	✅	✅	✅	✅	✅	✅
BNB Chain	✅	✅	✅	✅	✅	✅
Arbitrum	✅	✅	✅	✅	✅	✅
Polygon	✅	✅	✅	✅	✅	✅

Having access to the most popular blockchains via a single app is crucial. For example, you might currently hold Bitcoin and Ethereum but want to invest in XRP. With Best Wallet, not only can users store XRP, but purchases can be made instantly with GBP. 

This prevents the need to use multiple wallets, which can be cumbersome to manage. Accepted GBP payment methods include debit cards from Visa and MasterCard and e-wallets like Google/Apple Pay, Skrill, and PayPal. 

Crypto balances can also be sold for GBP and withdrawn accordingly. Best Wallet also supports custom tokens. This means new or less popular cryptocurrencies can be added to the wallet balance simply by pasting the contract address. 

Ultimately, Best Wallet provides a one-stop shop for all your crypto needs. 

Fully anonymous with true ownership of your assets

Best Wallet is a self-custody Bitcoin wallet app that ensures complete privacy. Getting started requires no personal information, nor does Best Wallet collect or store IP addresses. This ensures Best Wallet users can send, receive, and store cryptocurrencies without revealing their identities. 

This is also the case when swapping, buying, or selling cryptocurrencies. For example, users can convert Ethereum for BNB or Solana for XRP while remaining anonymous because Best Wallet has an in-built decentralized exchange (DEX). 

Unlike centralized exchanges, swaps are made directly from the wallet balance, so trades are connected to public addresses rather than personal details. This makes Best Wallet the best crypto wallet for UK users seeking enhanced privacy. 

Find new upcoming tokens

Even large-cap cryptocurrencies like Dogecoin, BNB, and Solana had to start somewhere. Discovering these cryptocurrencies early would have generated significant returns. That’s why Best Wallet created its in-app launchpad for new crypto projects. 

Here’s how it works:

• Blockchain startups apply to be listed on the Best Wallet launchpad. 
• The Best Wallet team conducts a highly extensive due diligence process, including the team’s experience, the token use case, and the supply dynamics. 
• Only a small percentage of launchpad applications are successful, as Best Wallet focuses exclusively on quality projects. 
• Once listed on the launchpad, Best Wallet users can buy the project’s token at a discounted price directly from their wallet balance. 
• The tokens are listed on public exchanges after the launchpad event has finished. Launchpad investors can cash out or hold long-term to target bigger returns. 

The key benefit of launchpad investments is the first-mover advantage. Launchpad projects are typically brand-new crypto presale startups, so their market capitalization is much lower than established cryptocurrencies. This is like investing in Amazon or Apple stocks before these brands became mainstream. 

A recent startup opting for the Best Wallet launchpad is Catslap. It offered Best Wallet users exclusive access to a “fair launch” deployment, with the initial price of just $0.00011. Catslap reached $0.01014 a few weeks later, translating to a 9,000% gain. 

Connect to the best decentralized applications (dApps)

Best Wallet is one of the top crypto wallets for dApp integration. dApps are decentralized platforms that offer products and services without third-party intermediaries. Some of the most popular are decentralized exchanges like Uniswap and PancakeSwap. 

Not to mention decentralized finance (DeFi) protocols like Aave, Balancer, and Compound. dApps also extend to play-to-earn games like Axie Infinity and leading metaverses like Decentraland and Pixel. 

Best Wallet users can seamlessly access any dApp via WalletConnect. Integration is made through a QR code system, which is scanned via the Best Wallet app. This means users can access dApps with a desktop device for an even smoother experience. 

Here’s how it works:

• You visit an online dApp via a laptop or desktop computer.
• You click the “Connect Wallet” button and opt for “WalletConnect.” 
• This displays a unique QR code. 
• You open the Best Wallet app and scan the QR code via the WalletConnect feature. 
• You authorize the dApp connection on Best Wallet.
• Thereon, you can engage with the dApp securely, including signing transactions. 
• You can disconnect from the dApp at any time, ensuring security best practices. 

Do note that many dApps can also be accessed on the same smartphone that Best Wallet is installed on. The dApp website will recognize that Best Wallet is installed, so it’s just a case of authorizing the connection request. 

Ecosystem token & airdrop

Best Wallet will soon launch its native ecosystem token, $BEST. $BEST Token comes with the following use cases for holders:

• Lower Fees: Whether you’re swapping tokens or earning staking rewards, $BEST Token holders get reduced fees on Best Wallet features.
• Launchpad Priority: We mentioned the Best Wallet launchpad earlier, which provides access to brand-new cryptocurrencies. $BEST Token holders have priority access, meaning a much lower price than the general public. 
• Higher Staking APYs: Those using $BEST Tokens when staking will get the higher interest rates. This is a solid use case for buy-and-hold investors. 
• Voting Rights: Best Wallet offers voting rights to $BEST Token holders, providing the community with a voice on new features and operating proposals. 

$BEST Tokens are currently available on the Best Wallet launchpad, with users getting a discounted price before the first exchange listing. 

Best Wallet understands that launchpads will be too risky for some UK investors. As such, $BEST Tokens can also be obtained without spending any funds. This can be achieved by joining the airdrop campaign, which is completely free. 

Here’s how it works:

• Best Wallet wants to onboard millions of users from around the world, including the UK. 
• The airdrop campaign offers $BEST Token rewards when helping Best Wallet achieve this goal. 
• Required tasks include sharing and liking social media posts and joining the Discord channel. 
• The more tasks completed the more $BEST Tokens earned, which will be distributed to participants after the launchpad event finishes.  

Trusted & loved by our users

The Best Wallet app is highly rated on both Google Play and the App Store. Many users have left positive feedback regarding the beginner-friendly experience and simple-to-navigate features. Users also frequently praise Best Wallet for its robust yet easy-to-understand security features, including biometrics and two-factor authentication. 

Sub-par experiences are always taken seriously, with the development team constantly making improvements to enhance the Best Wallet ecosystem. This ensures Best Wallet meets its goal of becoming the best crypto wallet app in the UK. 

Exciting roadmap

As the best wallet for Bitcoin and other cryptocurrencies, Best Wallet is currently working on a wide range of exciting features. 

Here’s what users can expect throughout 2025:

Best Card – spend crypto in the real world 

UK investors will be able to spend their Best Wallet balances in the real world. Best Card connects to Google and Apple Pay, so purchases will be supported online and in physical stores. 

Users will be able to select their default crypto (e.g., Bitcoin), which is converted to GBP or foreign currencies in real-time. Eligible purchases will also benefit from tokenized cashback, paid directly to the Best Wallet balance. 

Browser extension – access Best Wallet on desktop devices 

Best Wallet is also working on a secure browser extension, allowing UK investors to send, receive, and store cryptocurrencies on a desktop device. Popular browsers like Chrome will be supported, with users simply needing to download and install the extension. 

The browser extension will come with full functionality, including DEX trading, GBP purchases, and access to the Best Wallet launchpad. Security and privacy are also assured, with private keys encrypted onto the respective desktop device. 

Dollar-cost averaging – Invest in crypto via regular purchases 

Dollar-cost averaging will soon be added to the Best Wallet ecosystem. This feature will enable UK investors to buy cryptocurrencies automatically at regular intervals. As a proven risk-management strategy, this ensures investors avoid short-term pricing trends. 

This is because cryptocurrencies are purchased regardless of whether prices are rising or falling, with the cost basis constantly being averaged out. 

• For example, you might decide to invest £100 into Bitcoin on the 25th of each month. 
• You might get a BTC/GBP price of £76,000 in the first month. And £65,000 in the next. 
• This means that in month two, the dollar-cost averaging strategy benefits from a lower cost price. 

Dollar-cost averaging will be implemented into the Best Wallet DEX, so millions of tokens will be supported. Users must, however, ensure they have sufficient funds in the Best Wallet balance to ensure trades are executed successfully. 

How to get a cryptocurrency wallet in the UK

As the best wallet for crypto in the UK, Best Wallet’s setup process couldn’t be easier. It takes less than five minutes to get started so read on for our beginner-friendly walkthrough. 

Step 1: Download the Best Wallet app

First, you need to download the Best Wallet app from the App Store or Google Play.

Then, open the app to start the wallet creation process.  

Step 2: Confirm an email address

Best Wallet requires an email address when creating a new wallet (this protects the ecosystem from bots). 

Provide an email and confirm by entering the verification code. 

Step 3: Complete security steps

As the safest crypto wallet in the UK, now it’s time to secure the Best Wallet app from unauthorized access. First, create a PIN. Then, write down the backup passphrase, ensuring it’s written in the correct order on a sheet of paper. Never share this with anyone, as the backup passphrase represents the private keys. 

Now click the “Settings” icon to set up two-factor authentication. This requires a mobile number. Best Wallet will send a text message containing a code. Enter it to activate two-factor authentication. 

You can also switch on biometric logins via the “Settings” icon. This will replace the PIN login with a fingerprint ID. 

Step 4: Receive crypto

You can now transfer crypto into Best Wallet. For example, from an online exchange or another wallet provider. Click the network for the crypto you’re depositing (e.g., Ethereum for ETH or USDT) followed by “Receive.” 

This will display the unique public address for the Best Wallet account, which is needed when receiving crypto. You can now complete the transfer by copying and pasting the public address. If you are using a mobile device, you can also scan the QR code. 

Step 5: Buy crypto

Best Wallet is also the best BTC wallet in the UK for buying crypto with GBP. This is ideal if you don’t currently own any cryptocurrencies or you want to buy more. Click “Trade” followed by “Buy”. Then, select “GBP” as the payment currency alongside the purchase amount. 

Now select which crypto you want to buy and the payment method you prefer, such as a credit card. Best Wallet will connect you with the most competitively priced payment gateway based on the stated parameters. 

You can then confirm the purchase and type in the payment details when prompted. Within a few minutes, you’ll notice the Best Wallet balance has updated, showing the cryptocurrencies that were just purchased. 

What is a crypto wallet?

Traditional currencies, including pounds and dollars, are typically kept in bank accounts. However, cryptocurrencies like Bitcoin and Ethereum are digital, so they’re kept in wallets. This not only keeps the stored cryptocurrencies safe but wallets also enable users to transact. 

Just like a bank account, this includes sending and receiving funds. However, unlike banks, the best crypto wallets in the UK are “self-custodial,” meaning only the user can authorize payments. 

Put otherwise, users have unparalleled control over their investments, with no means for third parties (including Best Wallet) to reject transfers or freeze balances. Crypto wallets come in many different forms, although the most popular offer “hot” storage. 

This means the wallet seamlessly connects to the internet, ensuring transactions are processed with ease. There are also “cold” storage wallets, which are managed via hardware devices. These wallets are aimed at investors with significantly large holdings. 

Why do you need a Bitcoin wallet?

These are the core reasons why you need a UK crypto wallet:

• Control: Using a wallet ensures that UK investors own the cryptocurrencies they buy. In contrast, keeping cryptocurrencies stored in an online exchange means control is lost. You’d need permission to transact, and the funds could be lost if the exchange is hacked or becomes insolvent. These counterparty risks are alleviated when using a self-custody wallet like Best Wallet. 
• Safe Storage: Crypto wallets are used to store cryptocurrencies safely. This is crucial when holding cryptocurrencies long-term. Key security features include biometrics, two-factor authentication, and encrypted private keys, all of which are supported by the Best Wallet app. 
• Receive Crypto: Crypto wallets also allow UK investors to receive funds. The wallet comes with a unique “public key” (wallet address), which is similar to a bank account number and sort code. This can be provided to the sender safely, as the public key can only be used to receive cryptocurrencies. 
• Send Crypto: Crypto wallets are also needed when sending cryptocurrencies to another person or entity. For example, you might want to transfer Bitcoin to a friend or deposit Ethereum into a staking protocol. Best Wallet users can send funds by pasting the receiver’s public key or scanning the address via a QR code. 

Do note that the best crypto wallets in the UK can also be used for other features. For example, Best Wallet comes with an in-built DEX, allowing users to swap millions of tokens instantly. It also supports GBP payments, staking, and dApp integration. As such, Best Wallet users have access to an entire Web 3.0 ecosystem in one secure place.

How to choose a crypto wallet

Many factors should be considered when asking the question: What’s the best crypto wallet in the UK?

Use the following checklist when researching providers:

Self-custody ownership

Unless you want to trust a third party to keep your crypto investments safe, it’s crucial to use a self-custody wallet. To reiterate, nobody but you can access the private keys, which will be encrypted on your smartphone when using the Best Wallet app. 

This means that:

• Transactions can only be authorized by you
• Incoming and outgoing transfers don’t seek approval from a third party
• Stored cryptocurrencies can’t be locked or frozen 
• You can transact directly with the blockchain

However, while self-custody wallets ensure complete control, users are responsible for their own security. For instance, if you lose the smartphone or forget the PIN, only the backup passphrase can help recover the wallet funds. 

Misplacing the backup passphrase, too, means the stored cryptocurrencies will be lost forever. This is also the case if the wallet is hacked remotely, so following security best practices is crucial.  

Security features

Leading on from the above, users should research security features when selecting the best crypto wallet in the UK. Users are advised to set up a strong screen lock password and add biometrics and two-factor authentication to the Best Wallet app. 

Best Wallet users also benefit from automated warnings when suspicious tokens are received. Scammers send these tokens to random wallet addresses, hoping to trick users into visiting their website or engaging with a malicious smart contract. 

Fees

Fees are another factor when choosing the best crypto wallet for UK users. Best Wallet offers a fee-free experience when creating a new cryptocurrency wallet and receiving and storing cryptocurrencies. No additional fees are charged when sending cryptocurrencies to another address.  

Users simply pay the network fee charged by miners or validators without markups. Best Wallet also offers industry-leading fees when swapping, buying, or selling tokens. This is because it sources real-time exchange rates from hundreds of trusted liquidity pools. 

User-friendliness

The best UK crypto wallets are simple to use and navigate, regardless of prior experience. This is particularly important for first-time investors, as mistakes can be costly. This is why the Best Wallet app was designed with beginners in mind. 

Whether you’re sending, receiving, or trading cryptocurrencies, the end-to-end process couldn’t be easier. This is validated by Best Wallet’s reviews on Google Play and the App Store, where thousands of users praise the app’s simplicity. 

Compatible blockchains

Knowing which blockchains are supported is also crucial when selecting the best UK crypto wallet. This is because wallets can only support tokens if the underlying network is pre-integrated. 

For example, some wallets only support tokens on Ethereum or Solana, meaning Bitcoin and XRP can’t be stored. This forces users to manage multiple wallets simultaneously, which is both cumbersome and prone to mistakes. 

In contrast, the Best Wallet app supports over 60 networks, ranging from Bitcoin, Ethereum, and Solana to XRP, Litecoin, Arbitrum, and Polygon. Users can also add new tokens manually via the contract address, meaning Best Wallet supports millions of digital assets. 

Trading features and GBP support

The best UK Bitcoin wallets come with trading features, removing the need to transfer funds to and from online exchanges. With Best Wallet, users can swap millions of cryptocurrencies without leaving the wallet app. Trades are executed quickly, securely, and anonymously via liquidity pools. 

• For instance, suppose you’ve got BNB in the Best Wallet balance. 
• You want to swap some of that BNB for Litecoin. 
• Best Wallet obtains the most competitive BNB/LTC exchange rates in real-time, reducing unnecessary fees. 
• You’ll then see the newly purchased Litecoin in the Best Wallet balance a few seconds later. 

Best Wallet also connects with liquidity providers supporting GBP. This means cryptocurrencies can be bought and sold via popular UK payment methods, such as debit cards, Google/Apple Pay, and Skrill. All without ever leaving the Best Wallet app. 

How to keep your crypto wallet safe

While self-custody wallets ensure complete ownership of the stored cryptocurrencies, the following wallet best practices should be followed to ensure safety:

• Keep the Backup Passphrase Offline: Never write the backup passphrase on a device with internet connectivity. It could be hacked remotely, meaning the wallet funds will be stolen. Instead, write it down on a sheet of paper and keep it somewhere safe and private. This makes online hacks impossible. 
• Maximize Security Features: Some security features are optional on Best Wallet, including biometrics and two-factor authentication. We strongly advise that these features are activated. In doing so, this adds extra layers of security to your crypto funds.  
• Links and Connections: Users should avoid clicking links sent from unknown sources, especially when using the smartphone that Best Wallet is installed on. This is also the case when making wallet connections  – only do so if you trust the respective website or dApp.
• Use the QR Code Scanner When Sending Funds: Another common mistake made by beginners is sending cryptocurrencies to the wrong address. The best practice is to use Best Wallet’s QR code scanner. This scans the wallet address from the smartphone’s camera, ensuring the funds are sent to the correct location. 
• Disregard Unknown Tokens: Active wallet users often receive random cryptocurrencies from unknown sources. This could be a scam, as the token data could request users to connect to a smart contract to claim the “funds”. This will invariably lead to the wallet funds being stolen, so the best practice is to disregard unknown tokens. 

Ultimately, the best Bitcoin wallet for UK users should offer a seamless experience without compromising on security. Best Wallet ensures safe crypto storage across 60+ blockchains alongside secure trading features and pre-vatted launchpad events. 

Best Wallet also protects users from data risks, as no personal information is collected. Instead, Best Wallet users benefit from a private and anonymous experience. Most importantly, only the user has access to their private keys, so crypto assets can be stored away from centralized platforms.

References

1. You could be leaving your crypto wallet open to hackers—here’s how to protect it (CNBC)
2. What Is a DEX (Decentralized Exchange)? (Chainlink)
3. Addressing counterparty risk and unlocking new opportunities with Fireblocks’ Off Exchange (Fireblocks)

Frequently asked questions