Best ERC20 Wallet

How to get started with the best ERC20 wallet

1. Install the Best Wallet app on iOS or Android.
2. Trade any ERC20 crypto instantly using the integrated DEX.
3. Safely store, exchange, and sell digital assets with ease.

Why Best Wallet is the best ERC20 wallet in 2025

Best Wallet provides a secure and user-friendly home for diversified crypto portfolios. In addition to all ERC20 tokens, Best Wallet supports 60+ other networks, including Solana, Bitcoin, and BNB Chain. Best Wallet also connects to ERC20 dApps, providing seamless access to the broader Ethereum ecosystem. 

Best Wallet, available as a mobile app for iOS and Android, also comes with an in-built DEX. This means users can swap ERC20 tokens instantly in an anonymous and cost-effective environment. It’s also possible to buy ERC20 tokens with a credit card and other convenient payment methods. ERC20 positions can also be cashed out for fiat money. 

Best Wallet is also ideal for investing in new ERC20 tokens from the ground up. It offers a decentralized launchpad for crypto launches, giving users priority access and the lowest cost basis. Ultimately, Best Wallet offers everything investors need in the best ERC20 wallet app, including non-custodial storage for complete autonomy.  

Completely secure

Institutional-grade security features are a must when selecting the best Ethereum wallet. Best Wallet offers the following safety controls:

• Non-custodial ownership
• Security PIN
• Fingerprint ID and Facial recognition
• Two-factor authentication

Let’s take a closer look at why these robust security features ensure that ERC20 tokens can be stored safely. 

Non-custodial storage

Non-custodial storage ensures that users own and control their crypto assets. Best Wallet users are provided with unique private keys and backup passphrases when getting started. Only the user can access these credentials. 

In turn, users can freely send and receive ERC20 tokens without needing authorization from a third party. It also means that wallet balances can never be frozen nor can transactions be restricted. You are always in control of all wallet actions. 

PIN and fingerprint ID

Best Wallet users must select a PIN when setting up the app. This must be entered whenever access to the wallet is required. However, we’d suggest turning on the biometrics feature, which supports access via fingerprint ID or facial recognition. This can be switched on via the settings area. 

We recommend using the device’s screen lock feature, as this adds a significant safety net when storing ERC20 tokens. Especially if the device is lost or stolen. 

Two-factor authentication

Another optional yet recommended security feature is two-factor authentication. This requires a unique code whenever wallet access is needed, sent via SMS. 

Some users opt for a secondary mobile device, which adds an extra layer of security. After all, unauthorized access wouldn’t be possible unless both devices have been compromised.  

Swap Ethereum with millions of cryptocurrencies and fiat currencies

Swapping tools should always be available when choosing the best ERC20 wallet. This enables users to trade cryptocurrencies without leaving the wallet interface. With Best Wallet, users have access to a fully-fledged DEX, connecting to hundreds of liquidity providers. This is beneficial for several reasons. 

First, users can swap any ERC20 tokens, from WBTC, LINK, and DAI to USDT, SHIB, and UNI. This includes new and micro-cap tokens – simply paste the ERC20 project’s unique smart contract address. With over 1.4 million ERC tokens, pasting the address is also a safety measure — some share similar names and ticker symbols. 

Additionally, the Best Wallet decentralized exchange ensures that users always get the best exchange rates. Liquidity providers are automatically selected based on the swap size and available prices. Once the swap is confirmed, a smart contract is generated behind the scenes. This ensures no third parties touch client funds, including Best Wallet and the liquidity provider. 

The newly purchased ERC20 tokens are then added to the user’s wallet balance. Looking to trade ERC20 tokens for cryptocurrencies from other blockchain standards, such as Bitcoin or Solana? Best Wallet has you covered. Cross-chain token swaps are built into the Best Wallet DEX, with over 60 networks supported. This means you can access the top meme coins, utility tokens, AI cryptos, and more in one app.

For example, suppose you’re holding USDT but want to invest in BNB. Simply select USDT/BNB as the payment/receiving currency alongside the swap amount. Within seconds, BNB will appear in the wallet balance. All through a user-friendly interface without needing to use multiple exchanges or third-party bridging tools. 

Buy, sell & store ERC20 tokens safely

Buying and selling ERC20 tokens with fiat money is another feature available when using the Best Wallet Ethereum wallet app. Importantly, users remain anonymous at all times, with partnered fiat gateways offering no KYC purchases and sales up to a certain limit (this varies depending on the payment method and currency). 

For example, users can easily buy Shiba Inu with a debit/credit card, or even an e-wallet like Google/Apple Pay. The purchased SHIB tokens are deposited into the Best Wallet balance in minutes, all without needing to leave the app.

Similarly, suppose those SHIB tokens have risen in value, so you want to lock in the gains. Best Wallet can facilitate this exchange seamlessly, with users simply needing to select their preferred fiat currency and withdrawal method. Only reputable and secure fiat gateways are used, ensuring Best Wallet users remain safe and secure at all times. 

Stake & earn up to 41% APY on ERC20 tokens

Looking for the best ERC20 wallet for staking? Best Wallet offers an innovative staking aggregator, allowing users to earn competitive yields on their ERC20 holdings. This is because the aggregator searches external liquidity pools in real-time, helping users secure the highest APYs in the market.

After all, staking rates can vary wildly depending on the platform. For example, one liquidity pool might offer 8% APYs on USDT while another is much lower at just 5%. Either way, all staking providers are decentralized, meaning they never directly hold user funds. This aligns with Best Wallet’s non-custodial framework, ensuring users are always in full control of their assets. 

Best Wallet’s staking tool works particularly well with the swapping feature. This is because users can instantly swap tokens to target the highest APYs. For example, you’re currently earning 8% on USDT, but you’ve discovered that the same provider is offering 10% on USDC. You can capitalize on this price benefit simply by swapping USDT for USDC. 

Fully anonymous with true ownership of your assets

True ownership of ERC20 tokens, and cryptocurrencies in general, is only possible via non-custodial providers. This is a crucial aspect to check when selecting the top ERC20 wallet. Best Wallet users not only benefit from non-custodial storage, but this extends to all products and features, including fiat purchases, token swaps, and staking. 

Here’s why:

• When you install the Best Wallet app, the private keys are encrypted on the respective device, whether that’s an iOS or Android phone. 
• This means the chosen PIN (or biometrics) only works when opening the app from the same device. 
• Additionally, a backup passphrase is also provided, consisting of 12 randomly generated words. This is a user-friendly representation of the private keys, with the 12 words being entered in the correct order.  
• The backup passphrase is unique to the user’s wallet, meaning it can’t be replicated elsewhere. This ensures users can recover the wallet funds if the PIN is forgotten or the device is lost or stolen. 

Importantly, Best Wallet, or any other third party, does not have access to the private keys or backup passphrase. This means full and true ownership of the respective crypto assets. 

Anonymity and privacy

As a no KYC crypto exchange, users are granted full anonymity and privacy when using the Best Wallet app. No personal information is collected when downloading or setting up the wallet, with incoming and outgoing transactions only linked to the public address. Anonymity extends to the wider Best Wallet ecosystem, ensuring ID verification procedures are avoided.

This means users can buy, sell, swap, send, receive, and store ERC20 tokens without uploading a government-issued ID or proof of residency. This is in contrast to centralized wallet providers, which not only take away anonymity but also custody of the private keys. 

Find new upcoming ERC20 tokens

The best ERC20 wallets store newly launched tokens. All that’s needed is the unique contract address, and the wallet will display the respective balance. Best Wallet takes things to the next level. This is because Best Wallet has developed a Web 3.0 launchpad, providing access to brand-new tokens before they begin trading on exchanges. 

This is an invaluable benefit, as investments can be made into ERC20 projects from the ground up. This is like investing in SHIB or FLOKI before they became billion-dollar tokens. 

Here’s what you need to know about Best Wallet’s token launchpad:

• All launchpad projects are thoroughly vetted, including a comprehensive due diligence process on the team, use case, and tokenomics. Unlike many launchpads, this ensures Best Wallet focuses on quality rather than quantity. 
• Once the launchpad event goes live, investors can use their Best Wallet balance to purchase tokens. Most events have staggered pricing, meaning early investors get the most favorable cost basis. 
• The launchpad tokens are added to exchanges after the fundraising event is over. Some investors will cash out straight away to lock in their gains, while others will hold long-term to maximize the growth potential. 
• Importantly, all launchpad events come without vesting schedules, so users are free to sell their tokens at any time.

To offer some insight into the power of launchpad investments, Best Wallet recently offered exclusive access to Catslap. This is a new ERC20 meme coin based on an angry cat that likes to slap. Catslap increased by over 9,000% within days after its launch, providing Best Wallet users with unprecedented gains. 

Ecosystem ERC20 token & airdrop

Best Wallet has developed an ecosystem token on the ERC20 standard – BEST. The token use cases enhance the wallet experience, with features including:

• Launchpad priority: The Best Wallet launchpad offers priority access to BEST holders. Put simply, this means BEST holders can invest before the general public, translating to a reduced token price. This use case is a must if you’re a frequent investor in new projects. 
• Discounted fees: Some Best Wallet features attract fees, with discounts available when holding BEST. This makes the Best Wallet ecosystem even more cost-effective than it currently is. 
• Increased Staking Rewards: Passive investors seeking the biggest staking rewards also have a reason to buy and hold BEST. This is because staking APYs are boosted. 
• Voting Rights: The Best Wallet team has an entrepreneurial mindset, with new ideas and features crafted regularly. As a BEST holder, you can vote on team proposals, meaning the community has an active voice. 

$BEST tokens are currently being sold to presale investors via the launchpad feature. This offers a reduced-cost basis before the eventual exchange listing. $BEST tokens can be staked once the presale investment is made. APYs are dynamic, meaning they’re based on demand. 

The presale accepts ETH, USDT, and BNB, so if you have any of these assets stored in the Best Wallet balance, you can invest in seconds. The purchased $BEST tokens will be distributed after the presale closes. 

$BEST Token airdrop

10% of the $BEST token supply has been allocated for the airdrop event. This provides the opportunity to obtain $BEST without risking money. Airdrop participants complete tasks to earn points, which are later converted to $BEST tokens. 

Over 75,000 tasks have already been completed, from liking Best Wallet posts on social media to referring family and friends. The outcome is simple – the more tasks completed the more points and $BEST tokens earned. This ensures that effort directly translates to earnings. 

Simple asset management

Portfolio management can be cumbersome when holding many different crypto tokens. This should be considered when selecting the best ERC20 token wallet. 

Here’s why Best Wallet simplifies the process for its users:

• Separate Wallets: Best Wallet users can create independent wallets for different investing categories. This could include anything from ERC20 tokens and Base meme coins to Bitcoin. 
• Cross-Chain Storage: Not only does Best Wallet store all ERC20 tokens but also cryptocurrencies from 60+ other networks. This includes layer-2 solutions like Base, Arbitrum, and Optimism. Most layer-2 blockchains are supported too, including Solana, TON, XRP, and Litecoin. This ensures users can store all of their crypto investments in one safe place. 
• Investment Values: Wallet users should check in on their investments regularly. Best Wallet not only provides real-time prices for each stored token but also their value in USD. Users can also change the default currency, whether that’s EUR, GBP, or AUD. 

Ultimately, asset management should be a seamless and effortless task, making it a crucial metric when researching the best ERC20 wallet. 

Trusted & loved by our users

Independent review platforms are invaluable when selecting the best wallet for ERC20 tokens. Google Play and the App Store are the obvious options when opting for a wallet app.  

Best Wallet is rated “Excellent” on both app stores, with a 4.6/5 rating across thousands of unique voters. This highlights Best Wallet’s user-friendly experience.

Exciting roadmap

Best Wallet’s feature-rich ecosystem is only getting started, with a wide range of exciting tools lined up for 2025. 

Here are some of the key features to look out for:

• Best Card: Best Wallet users will soon be able to spend their crypto balances in the real world, including online and in-store. The Best Card converts crypto to the local currency in real-time, with users earning cash back on all payments. Best Card will also work with Google Pay and Apple Pay for an even more convenient and secure experience. 
• Derivative Trading: Another exciting feature is the derivative trading platform, with Best Wallet users having access to leveraged products. This means popular ERC20 tokens like SHIB and UNI can be traded with a small margin requirement, amplifying positions at the click of a button. 
• Dollar-Cost Averaging: The Best Wallet DEX will soon support dollar-cost averaging strategies. Users will be able to buy ERC20 tokens at set intervals, ensuring short-term volatility is smoothed out. For instance, you could purchase $50 worth of a newly launched token every four hours.  
• Browser Extension: Best Wallet is also launching an extension for popular web browsers like Chrome. This will still offer a secure, non-custodial experience but from a desktop device. This is particularly useful for technical traders looking to analyze pricing charts or those who prefer engaging with bigger screens. 
• Crypto News Feed: Even a single media story can positively or negatively impact an ERC20 token price, which is why Best Wallet is implementing a crypto news feed. Users will be notified immediately when a major report breaks, whether that’s a new ETF approval or a tier-one exchange listing. 

How to get an ERC20 wallet

Installing and securing Best Wallet takes just a few minutes. The following steps illustrate the process when using Best Wallet to buy crypto without KYC.

Step 1: Download the Best Wallet app

Download and install the Best Wallet app on iOS or Android to get the process started. 

Make sure the app link is obtained from the Best Wallet website to ensure authenticity. You’ll be directed to the Google Play or App Store accordingly. 

Step 2: Complete the security steps

Next, open the Best Wallet app to complete the security steps. You’ll first need to provide an email address. Best Wallet sends a unique code – type this into the app when prompted. 

Now choose a PIN. Avoid using common combinations like a birthday or 1-2-3-4. The crypto wallet’s backup passphrase will also be provided. 

You must write this down in the correct order — it’s required to recover the wallet funds if you lose the mobile device. 

Step 3: Transfer or buy ERC20 tokens

You’ve secured the Best Wallet app, so the next step is to transfer some ERC20 tokens. 

Click on “Ethereum” followed by “Receive”. This reveals the unique wallet address for your ERC20 holdings. Transfer the tokens to this address and wait a few seconds for the deposit to arrive. You can also scan the displayed QR code for an even more convenient experience. 

Don’t have any ERC20 tokens right now or want to buy more?

You can do this without leaving the Best Wallet app. Purchases can be made with dozens of fiat currencies, including USD, GBP, and THB. Supported payment methods include local bank transfers, debit/credit cards, and e-wallet. No KYC documents are needed. 

Here’s how to buy ERC20 tokens on the Best Wallet app:

• Click the “Trade” icon followed by “Buy”
• Choose the fiat currency (e.g. USD) and the purchase amount (e.g. $300)
• Then select the ERC20 token you want to buy
• Follow the on-screen instructions, including entering your payment details

The purchased ERC20 tokens will be added to your balance in a few minutes. 

What is ERC20?

ERC20 standards for Ethereum Request for Comments. It’s the network standard for tokens built on top of the Ethereum blockchain. 

Anyone can create an ERC20 token, with more than a million already in existence. Some of the most popular include UNI, AAVE, SHIB, and MANA. The leading stablecoins also use the ERC20 standard, such as USDT, DAI, and USDC.

ERC20 projects must pay fees in ETH when transacting, providing value to the wider Ethereum ecosystem. This means that all ERC20 transfers require a small amount of ETH to cover network fees. 

The best ERC20 wallets support all ERC20 tokens, even those that were recently launched. With an ERC20-compatible wallet, all that’s needed is the token’s smart contract address, which is unique to the project. 

Features of Ethereum ERC20

ERC20 tokens come packed with features, including quick transactions and smart contract compatibility. 

Let’s take a closer look at these key features:

• Secure and Fast Transactions: The best ERC20 token wallets support secure and fast transactions. You can send and receive ERC20 tokens with an average block time of 12-13 seconds. This is significantly faster than Bitcoin, which averages 10 minutes. 
• Smart Contract Execution: ERC20 tokens are backed by smart contracts. This means transactions are decentralized, with no requirement for intermediaries when verifying blocks. 
• dApp Ecosystem: The ERC20 ecosystem contains thousands of popular dApps, including DEXs like Uniswap and SushiSwap, metaverses, P2E games, and more. Not to mention staking, lending, and yield farming pools. 
• Layer-2 Bridging: Many ERC20 tokens have bridged to layer-2 networks for an even smoother and cost-effective experience. This includes Base, Arbitrum, Optimism, Blast, and Polygon. These networks can be accessed within the Best Wallet app. 

ERC20 gas fees

Gas fees should also be considered when exploring the best wallet for ERC20 tokens. GAS relates to real-time network fees for using the Ethereum blockchain. The fee rises and falls based on network demand. Crucially, GAS fees must be paid in ETH even when sending ERC20 tokens. 

This means ERC20 wallets should have a small amount of ETH to hand. Otherwise, you won’t be able to transfer or use your ERC20 tokens. Nevertheless, Best Wallet never adds a markup on GAS, with fees mirroring the real-time network charge. 

In summary, we’ve explained everything needed to choose the best ERC20 wallet. The minimum requirements are high security, user-friendliness, and support for custom ERC20 tokens. 

The Best Wallet ERC20 compliant wallet not only covers the core requirements but it offers a broader ERC20 ecosystem, including support for staking, portfolio management, swaps, and fiat purchases. Best Wallet users can also access upcoming ERC20 token launches before they’re listed on exchanges. 

References

• What Is ETH Gas? Ethereum Fees & Gwei Explained (Britannica Money)
• Dollar-Cost Averaging (DCA) Explained With Examples and Considerations (Investopedia)
• What is Biometrics? How is it used in security? (Kaspersky)
• What Are ERC-20 Tokens on the Ethereum Network? (Investopedia)

Frequently Asked Questions