Takeaways:
- SoFi became the first nationally chartered US bank to integrate spot crypto trading inside a consumer banking app, accelerating regulated on-ramps for retail.
- Wallet-centric utility gains value when fiat on-ramps strengthen; cross-chain swaps, curated presales, and MPC security can capture post-on-ramp activity.
- Best Wallet Token focuses on utility: fee reductions, presale access, and a staking aggregator. This aligns with the adoption moment for self-custody users.
SoFi, a fully chartered, FDIC-insured bank, just completely changed the game. They’ve rolled out in-app crypto trading for their everyday customers.
Think about that: you can now buy, sell, and hold popular assets like $BTC, $ETH, and $SOL right alongside your checking and savings accounts.
The rollout is starting immediately, making SoFi the very first US national bank to actually bake spot crypto trading directly into its consumer banking app. This isn’t just another boring ‘Wall Street is looking at crypto’ headline; this is a genuine breakthrough for getting crypto into the mainstream.
But why is now the moment? It all comes down to two key things: trust and ease of access.
SoFi’s own data shows that 60% of their members who already own crypto would honestly prefer to trade with a licensed bank they already trust, rather than a standalone exchange.
It’s a regulated, federally chartered bank blending traditional deposits and volatile crypto trading in one spot.
Access will be rolled out over the next few weeks, and SoFi plans to reach its entire 12.6M+ customer base throughout 2025. There’s even a waitlist.
But let’s be crystal clear: just because you buy it through a bank app doesn’t mean your crypto is FDIC-insured or bank-guaranteed.
SoFi’s own investor notes emphasize this, focusing instead on offering bank-grade security, robust education, and compliance as their real selling points.
For serious traders who watch how money moves, this is a clear sign: the regulated on-ramps (converting fiat money into crypto) are finally catching up to the sleek, user-friendly experience (UX) of native crypto platforms.
When a US bank makes it this simple to fund your crypto where you already keep your cash, the money tends to follow.
That flow is what pushes attention toward wallet-centric projects that make self-custody and cross-chain swaps cheap and straightforward. And that brings us directly to Best Wallet and its utility token, Best Wallet Token ($BEST).
Best Wallet: Non-Custodial Wallet With Cross-Chain Engine
Best Wallet is aiming to take a big slice of the multi-billion-dollar wallet market with its all-in-one, mobile-first app for multi-chain, MPC-secured, self-custody.
It’s got some serious tech:
- Fireblocks MPC-CMP for advanced key management (ditching the dreaded seed phrase!).
- A powerful DEX-aggregator (powered by Rubic) allowing seamless access to 330 DEXs and 30 bridges.
- An Upcoming Tokens portal that curates presales, letting you jump in early without navigating sketchy websites.
In short, it means fewer taps, more security, and automated cross-chain swaps that find you the best price.
Suppose SoFi successfully removes the friction of funding your crypto with fiat. In that case, a wallet that simplifies the rest of the journey from storage and swapping to staking and accessing early allocations is perfectly positioned to capture users once they move their assets off the bank’s platform and into self-custody.
The Best Wallet Token ($BEST) token utility is designed for exactly this:
- Reduced fees for holders on in-app swaps.
- Access to staking rewards (currently 77%).
- Governance rights to help decide new chains and features.
- Future plans for card integrations, so you can spend your crypto anywhere.
An external audit from Coinsult backs the project, and the tokenomics are transparent (10B total supply with explicit allocations for development, rewards, etc.), which helps address some of the typical early-stage token risk.
Best Wallet Token ($BEST): Presale Nearing Finish With 77% Staking
The $BEST presale is soaring, having raised over $16.98M so far. The staking rewards are currently hovering around 77%, though this is designed to taper as more people jump in.
The high APY is a great initial lure, but the long-term case is stronger: the token actively reduces fees, unlocks presale access inside the secure wallet, and is set to benefit as Best Wallet’s advanced DEX routing attracts more users.
For traders, this means two things:
- If bank-integrated on-ramps bring in a flood of new users, their next natural step is a wallet that combines all the essential tools: presales, swaps, and portfolio management.
- The yield, funded by a transparent rewards pool and directly tied to usage incentives, is potentially more sustainable than simple, static, high rates.
Plus, with the planned Best Card support for daily spending, the token’s optionality is far broader than just a static ‘buy and hold’ asset.
Buy your $BEST today for $0.025935, but hurry as the presale ends November 28.
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Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/sofi-first-us-crypto-bank-last-chance-best-wallet-token/