15 Best Crypto Wallets in South Africa for 2025

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Tsvetomir is a Crypto Editor and Writer at Cryptonews, where he produces data-backed and impactful content focused on cryptocurrencies, exchanges, wallets, and blockchain technology.

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Last updated: 

November 3, 2025

Based on our research and analysis of over 40 providers, we recommend Best Wallet and Zengo as the best crypto wallets in South Africa in December 2025. They came out on top due to their excellent security features, ease of use, staking capabilities, and wide coin support.

Choosing a suitable crypto wallet is crucial, not only in terms of safety but also for sending, receiving, and managing tokens. In this guide, we compare the top options for South African crypto traders and investors, basing our methodology on criteria like security, features, usability, fees, privacy, and much more.

Apart from Best Wallet and Zengo, we’ve shortlisted 13 other options, including both hot and cold wallets for various use cases. Read on to learn all about them!

Best Crypto Wallets in South Africa for 2025

Overall Best Crypto Wallet

9.7/10

Review

• Non-custodial multi-chain wallet.
• Broad ecosystem of wallet features.
• Portfolio management and market insights within the wallet.

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Best Hardware Wallet for Security

8.2/10

• Securely stores sensitive data with a tamper-proof Secure Element chip
• Leger Live App allows you to buy, sell, swap and stake tokens all in one place
• Custom-built BOLOS operating system ensures app updates are carried out automatically

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Best For Seedless, Hardware-Based Storage

9.2/10

• Multi-part backup system that eliminates the need for a recovery seed
• Splits private key into multiple encrypted shards for enhanced security
• Supports over 3,000 cryptocurrencies

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Safe Wallet with Staking and dApps

8.5/10

• Self-custodial crypto wallet with 1M customer base
• Multi-chain support powered by MPC for added security
• Buy, sell, send, receive and connect to Web3 dApps

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The Best Crypto Wallets for South African Investors Compared

If you’re in a rush, the following table will give you an overview of the best crypto wallets in South Africa based on their type, crypto support, and unique advantages:

Top Crypto Wallets in South Africa: Full Reviews

There are many metrics that should be considered when choosing the best crypto wallet for South African traders. This includes everything from fees and security to accessibility, user-friendliness, and core features. Below, we rank and review the best crypto wallets in South Africa for 2025.

1. Best Wallet – The Overall Best Crypto Wallet for South African Traders and Investors

Best Wallet is our top pick for the best crypto wallet in South Africa for 2025. This wallet offers multi-chain support, so you can hold over 1,000 different tokens on 60+ chains, including Bitcoin, Ethereum, Polygon, and Binance Smart Chain, and you can swap them between chains.

Another great feature is the Best DEX integration. This is a decentralized exchange that swaps your tokens. In addition, anyone with a crypto wallet can use the Best DEX, as you don’t have to sign up. All it takes is connecting your wallet, and you’re good to go.

Overall, this is more than just a crypto wallet. It’s designed to be the ultimate Web3 hub where you can swap coins between chains, trade NFTs, and monitor the crypto market all within a single mobile app.

2. Zengo – Best Hot Crypto Wallet to Use in South Africa for Security

Zengo is the best option for South Africans looking for a highly secure hot wallet. The provider has never been hacked since its launch in 2018 and offers some of the most advanced security features on the software wallet market.

The Zengo mobile wallet is protected by multi-party computation (MPC) technology, for which Zengo maintains an open-source library. It has also done away with seed phrases, replacing them with a novel three-factor authentication, which uses a 3D face scan, email address, and recovery file, which is used to recreate your wallet on a new device.

Zengo supports over 320 cryptocurrencies across 12+ chains, and it lets you manage ERC-20 tokens and NFTs from various blockchains. It also has a dApp marketplace, an NFT gallery, and 24/7 customer support. While Zengo lacks a desktop app, it offers excellent mobile applications for iOS and Android, making it a great option for managing your tokens on the go.

3. Ledger – Best South Africa Crypto Wallet for DeFi Integration

Ledger stands out as a promising option for those who need the highest level of security without sacrificing DeFi compatibility. Started in 2014, it offers a range of hardware wallets designed to keep digital assets in cold storage, thus safeguarding them from online threats.

Ledger Live, the proprietary mobile and desktop app, improves user experience by providing an interface to monitor your crypto portfolio. This application isn’t just a monitoring tool; it allows users to connect to third-party services like 1inch DEX, MoonPay, and Lido staking, among others, for better DeFi utility.

One of Ledger’s key strengths is its cold storage approach, which keeps your assets offline during transactions. To initiate an outgoing transaction, you must confirm it on the Ledger device by entering a user-created PIN. A unique feature is the 24-word passphrase, which is your private key.

4. Ellipal – Best Air-Gapped Wallet Hardware Wallet for South Africa

Ellipal is a great option for South Africans needing a robust hardware wallet for maximum asset safety. It’s highly secure because its air-gapped mechanism prevents the wallet from accessing the internet, making it virtually impossible for hackers or malware to attack you.

The wallet has anti-tamper protection and supports over 10,000 coins and tokens across more than 50 blockchains. It also doesn’t use any wires or wireless connections. Instead, it scans a QR code for transactions and uses a MicroSD card for updates, keeping your private keys offline at all times and minimizing attack surfaces.

It also works with NFTs on Ethereum and Polygon. You can also connect to over 50 NFT marketplaces, which makes trading NFTs easy. There are two models to choose from – the Titan 2.0 has a big 4-inch HD touchscreen that’s clear and easy to use. On the other hand, the Titan Mini is smaller and more portable. Both have a special CC EAL 5+ Secure Element chip that keeps your private keys safe.

5. Trezor – Top Hardware Wallet in South Africa for Long-Term Storage

Trezor is one of the best crypto wallets in South Africa for long-term investors. This is a cold wallet device that doesn’t expose private keys to the internet. Hence, investors can rest assured that their cryptocurrencies cannot be hacked remotely. What’s more, even if the Trezor device is lost, damaged, or stolen, you can recover your funds via a backup passphrase.

Another safeguard is that cryptocurrencies can only leave the Trezor wallet when the PIN is physically entered on the device. Not only that, but unlike its main competitor, Ledger, the Trezor wallet is open-source.

This ensures that any potential vulnerabilities are made available to the crypto community. We also like that Trezor supports more than 9,000 cryptocurrencies across multiple blockchain standards. This includes everything from Bitcoin and Ethereum to Cardano and BNB. Trezor also allows investors to add custom tokens as long as the underlying network is supported.

6. Binance Wallet – Best Crypto Wallet for SA Binance Traders

Binance offers one of the best crypto wallets for South African traders. It’s a leading crypto exchange that doubles up as a user-friendly web wallet. The Binance wallet is self-custody and comes with a variety of security controls, including IP and device whitelisting. It also comes with two-factor authentication.

Binance users can trade and store over 480 cryptocurrencies. This includes the most popular cryptocurrencies, such as Bitcoin, Ethereum, BNB, Cardano, and Solana. Thousands of trading markets are supported, with South African traders paying a commission of just 0.1%. South Africans can also access leveraged markets, including futures and options. This is in addition to Binance’s savings accounts and staking functionality.

The latter offers a seamless way to earn income on idle cryptocurrencies. For example, Ethereum holders can currently earn an APY of 4.27%. This is a flexible account without any withdrawal limits or fees. A 90-day savings account for Axie Infinity offers a huge APY of 32% while Polkadot holders can earn 14.9% on a 120-day lock-up term.

7. OKX Wallet – Best Non-Custodial Wallet App in SA for Token Swaps

OKX is a popular crypto exchange that also offers a non-custodial wallet. The wallet is decentralized and doesn’t connect to the primary OKX wallet. There’s no requirement to open an account, and only you have access to your private keys. The OKX wallet supports more than 70 blockchain standards, including Bitcoin, Ethereum, Binance Smart Chain, and Arbitrum.

One of the best features of the OKX wallet is its bridge aggregator. This allows you to instantly swap tokens without leaving the wallet. It also lets you earn income on idle tokens via staking and yield farming. These tools are integrated with over 200 decentralized exchanges, ensuring OKX users get the most competitive rates.

In terms of security, users can activate MPC (Multi-Party Computation) security via the OKX app. This means that there’s no single point of failure, which is a major safeguard when keeping private keys secure. Instead, the private keys are split into smaller segments and secured in multiple unknown locations. This ensures that the OKX wallet remains safe against remote hacking attempts.

8. Bybit Wallet – Best South Africa Wallet for Web3 Access

Bybit Wallet is next on our list of top crypto wallets in South Africa. It’s a custodial wallet, which means it manages your private keys for you. This makes it easy to use and lets you quickly access your funds. But it’s important to know that custodial wallets can be risky if the provider gets hacked.

Bybit Wallet is also a great way to get into Web3, including DeFi, GameFi, and NFTs. You can access many apps and services with just one click. Plus, it supports thousands of cryptos, so you can trade easily using the Bybit exchange through the mobile app.

Bybit Wallet finds a good balance by storing most assets in cold storage and using two-factor authentication for extra security. It’s worth noting how it integrates with the Bybit exchange to offer a rather seamless user experience. You can access a wide range of trading tools (like perpetual and futures contracts) with up to 200x leverage.

9. Coinbase – Best SA Wallet and Exchange for Beginners

Coinbase – one of the largest crypto exchanges for trading volume – also offers a secure custodial wallet. The platform is popular with beginners who want a simple but secure place to buy and store cryptocurrencies.

For example, Coinbase accounts are protected by cold storage, two-factor authentication, and device whitelisting. Coinbase also has an internal security team, and all accounts must go through a KYC process. We also like that Coinbase supports over 100 cryptocurrencies. This includes Bitcoin, Ethereum, Dogecoin, USD Coin, Tether, and Litecoin.

The Coinbase wallet supports web browsers and smartphones. The latter comes as an app for iOS and Android. Coinbase is also popular with South Africans who want to trade crypto against ZAR. This removes the need to pay foreign exchange fees. That said, trading commissions are high at 1.49%. There is also a 3.99% fee to buy crypto with a debit/credit card.

10. Blockstream Jade – Best South Africa Wallet for Bitcoin Holders

Blockstream Jade is an ideal option for South African Bitcoin HODLers. It’s a small, affordable cold wallet perfect for people using BTC and Liquid Network assets. It only costs $64.99 and is really compact, with a 29 mm IPS LCD screen and a premium matte black body. The wallet is quite well-known for its security.

It keeps your keys safe offline, has a secure element built into the hardware, and uses multi-sig shield technology. But what really sets it apart is its ability to do air-gapped transactions. It has a built-in camera that scans QR codes and displays them, so you don’t need to use USB or Bluetooth connections (which makes it even more secure). You can connect the wallet to Blockstream Green on your phone or computer.

The Blockstream Jade wallet uses open-source software, which means it’s transparent, and the community can contribute to it. It also has a unique security feature where you can create fake wallets to trick potential attackers. However, it only works with Bitcoin and assets on the Liquid Network, like Liquid Bitcoin (L-BTC) and Liquid-based Tether (L-USDT).

11. NGRAVE – Best Crypto Wallet for South Africa for Advanced Security

The NGRAVE ZERO is one of the top wallets in South Africa if you want top-notch security. It has the highest security certifications and features that protect your crypto. The wallet uses a private key generated in real-time and “air-gapped technology” to ensure it’s never exposed to online threats.

It has features like fingerprint scanning, a special light sensor that helps create secure keys, and tamper-proof hardware. NGRAVE also offers Graphene for backup. It’s a stainless steel solution for storing recovery keys that is fireproof, waterproof, and corrosion-resistant.

Plus, the NGRAVE ZERO supports over 4,000 cryptos, including popular cryptos like Bitcoin, Ethereum, Binance Coin, and many ERC-20 tokens. Plus, if you’re into NFTs, you’ll love the 4-inch high-resolution touchscreen. Moreover, the NGRAVE Liquid app makes it easy to manage your assets without compromising security.

12. SecuX – Best Hardware Wallet in South Africa for Multi-Device Compatibility

Another promising wallet to watch out for is SecuX. It’s a highly secure and popular hardware wallet for both beginners and experienced crypto users. SecuX has different models like the V20, W20, and W10, each made to meet different security and connectivity needs.

One of the main features of the SecuX V20 is that it has two ways to connect. You can use Bluetooth 5 or a USB Type-C cable, which makes it really flexible and convenient when managing your crypto assets. In addition, you get a web app and iOS and Android mobile applications for seamless compatibility. The device also uses a special CC EAL5+ secure element chip that keeps your private keys safe from hackers and malware.

The SecuX V20 stands out because it has a premium metal exterior and a diamond shape. This makes it really strong and gives it a sleek look. It supports over 10,000 cryptos, including big ones like Bitcoin, Ethereum, and many ERC-20 tokens. The V20 also has a big 2.8-inch color touchscreen that makes it easy to use and navigate.

13. YouHodler – Best Crypto Wallet in SA for Fiat Loans

YouHodler is a Swiss and EU-regulated crypto wallet designed to meet various needs, from earning high APY to getting crypto loans. With features like MultiHODL, Cloud Miner, and an integrated exchange, it offers a comprehensive solution for traders and investors.

YouHodler’s crypto loan feature is a plus for those needing immediate funds without selling assets. With a high loan-to-value ratio of 90%, you can collateralize your assets for fiat currencies like USD, EUR, CHF, GBP, or stablecoins. The loan offer starts at a minimum of $100. Your assets are secured using Ledger Vault technology, covered by $150 million in pooled crime insurance.

Additionally, 2FA and biometric options are available for account security. YouHodler is regulated in Switzerland and some EU countries, giving an extra layer of assurance.

14. Trust Wallet – Best South Africa Wallet for Wide Coin Support

Trust Wallet is popular with South Africans who prefer managing diversified portfolios. It supports more than 100 blockchains and 1 million+ tokens. This includes all coins on the Bitcoin, Ethereum, Cardano, XRP, Binance Smart Chain, Arbitrum, and Polygon networks.

Trust Wallet also stores NFTs across multiple network standards. We also found it ideal for earning passive income on idle crypto tokens, plus it connects to Web3 applications like PancakeSwap and Uniswap.

Trust Wallet comes with an in-built staking tool that supports many proof-of-stake cryptocurrencies. This includes Tron, Tezos, Osmosis, Kava, and BNB. Trust Wallet charges no staking fees, but you’ll need to pay the network fees if you wish to swap tokens.

15. MetaMask – Top Decentralized South Africa Wallet for ERC-20 Tokens

MetaMask is an established crypto wallet used by over 30 million people globally. This is a decentralized wallet that will appeal to investors wanting to take custody of their cryptocurrencies. MetaMask doesn’t ask for personal information, and it doesn’t have access to your password or private keys.

This allows South Africans to store their wealth away from centralized bodies. Although MetaMask doesn’t support Bitcoin, it’s one of the best crypto wallets for storing ERC20 tokens. You can add any ERC20 token to MetaMask via its unique contract address. MetaMask also supports layer 2 blockchains, including Polygon, Arbitrum, and Avalanche.

This is in addition to all tokens operating on the Binance Smart Chain. There are no fees to download or use MetaMask. The wallet supports multiple devices, including smartphones and web browsers. Supported operating systems include iOS and Android, plus extensions for Chrome, Firefox, Edge, and Brave. MetaMask doesn’t charge any additional fees when sending cryptocurrencies to another wallet.

What is a Crypto Wallet?

Crypto wallets are used to store digital currencies. Wallets can be both software programs or hardware devices, but they all serve the same purpose: storing your wallet’s private key, which allows you to access your coins on the blockchain.

What Our Expert Says...

Tsvetomir Koychev

Content Lead, Exchanges & Wallets

“The main function of crypto wallets is to provide security for your assets. For example, consider you buy Bitcoin from a crypto exchange in South Africa. Instead of trusting the exchange to keep your tokens safe, it might be a better idea to withdraw the funds to a private wallet. In doing so, you can retain full control of your cryptocurrencies.“

Tsvetomir Koychev

Content Lead, Exchanges & Wallets

In addition, crypto wallets allow you to send and receive funds. Transactions are conducted on a wallet-to-wallet basis and do not go through a centralized entity, such as a bank or e-wallet provider. Instead, wallet transactions are private and decentralized.

When sending funds to another person, you’ll need the receiver’s wallet address. No two wallet addresses are the same. After confirming the transaction, the underlying network will execute it. The best crypto wallets in South Africa come with additional features, allowing you to fully engage with the blockchain ecosystem.

As we explain in more detail later, there are many different types of crypto wallets. For instance, non-custodial wallets give you control over your private keys and, in turn, your tokens. Custodial wallets, on the other hand, remove the need to secure private keys. This is because the custodian will keep the crypto tokens safe on behalf of investors. Investors also need to consider their preferred device type, such as a mobile or desktop wallet.

How do Crypto Wallets Work?

Looking for some guidance on how crypto wallets actually work? Here’s what South African investors need to know before getting started:

Wallet Addresses

Once you choose a suitable wallet, you’ll need to set it up. This will generate a new, unique wallet address. The wallet address allows you to receive cryptocurrencies from another location. Think of it like an electronic funds transfer (EFT), which requires the sender to specify the receiver’s personal account number.

The wallet address is safe to share with other people, as it simply allows you to receive tokens via the blockchain. Each blockchain network has its own wallet address standard. For example, Ethereum wallets always start with 0x. Nevertheless, if the wrong wallet address is provided, the tokens will be sent to an incorrect location. This means the tokens will be unrecoverable.

Private Keys

If you opt for a non-custodial wallet, you’ll be provided with unique private keys when getting started. This is usually a 12-word passphrase, but some wallets use a longer combination. Either way, you should never share your private keys with another person or keep them on a device that connects to the internet. If they end up in the wrong hands, the private keys will allow an unauthorized person to access your wallet. This is one of the most common reasons for crypto wallets being hacked remotely.

Wallet Fees

Software wallets are usually free to use. There are no fees to store or receive cryptocurrencies. However, fees are charged when sending cryptocurrencies to another wallet, as this is how transfers on blockchain networks work.

The best crypto wallets in South Africa do not charge a markup on network fees. Instead, fees go directly to blockchain miners. Fees are quoted in real-time and rise and fall based on network demand. Crypto hardware wallets, however, are not free. Prices vary depending on the provider and model type. For example, Trezor charges $69 and $219 for its basic and advanced models.

How Safe Are Crypto Wallets?

Although generally safe, crypto wallets are never 100% secure from hackers and scams. Moreover, even the safest crypto wallet won’t be enough unless you take steps to protect it.

Security procedures will differ when opting for a non-custodial wallet. This is because there is no custodian to protect your cryptocurrencies. Instead, only you have access to your wallet’s private keys, meaning you must take full responsibility for keeping them safe.

Non-custodial wallets don’t come with two-factor authentication or whitelisting. This is because there is no custodian sitting between the investor and their cryptocurrencies.

That said, some providers like OKX Wallet, Binance Wallet, and Zengo offer a mixed approach via MPC technology, which splits your private keys across your device and the provider’s servers.

Some non-custodial wallets, on the other hand, come with multi-sig permissions. This is a security tool that requires outgoing transfers to be confirmed on at least two devices. Just like MPC technology, this removes a single point of failure, making it challenging for remote hacks to succeed.

What are the Different Types of Bitcoin Wallets?

Crypto wallets come as mobile apps, desktop software, browser extensions, and hardware devices. Investors should also consider whether they prefer a hot or cold wallet.

We’ll now discuss the main types of crypto wallets that are available to South Africans in 2025:

Software Wallets

Some of the most popular crypto wallets in South Africa come as software apps for Windows, macOS, and Linux. You just install the wallet on your PC, and you can store, send, and receive cryptocurrencies. Another option for desktop users is wallets that come as a browser extension. Some providers offer support for Chrome, Firefox, and other popular web browsers.

An even more convenient option is mobile wallet apps, such as Best Wallet and Binance Wallet. This allows you to manage your cryptocurrencies on your smartphone. As such, this makes sending, receiving, and trading cryptocurrencies a breeze.

Hardware Wallets

A more secure option is to buy a cold wallet. As noted above, prices will vary, ranging from hundreds to thousands of rands. Hardware wallets come with the added benefit of cold storage. In simple terms, this means the cryptocurrencies and private keys are never exposed to live internet servers. Safeguards are also in place to protect your coins from physical theft. This is because cryptocurrencies can only leave the hardware wallet if the PIN is entered on the device itself.

Why Do You Need a Crypto Wallet?

There are various reasons why a crypto wallet is crucial when investing in digital currencies. This is the case for both short and long-term traders. Below, we discuss the key benefits that the best crypto wallets in South Africa provide.

Safely Store Cryptocurrencies

Cybercriminals are highly interested in cryptocurrencies due to their anonymous characteristics. Put otherwise, if an investor has their crypto tokens stolen remotely, the likelihood is that the funds will never be recovered. This is why wallets are so important, as they keep cryptocurrencies safe.

The level of security you’ll get varies by provider and type. For example, cold wallets are always offline, so they offer the greatest security controls. ‘Hot’ wallets are less secure as they are always connected to live servers. But hot wallets can still be protected by two-factor authentication, encryption, biometrics, and more.

Send and Receive Cryptocurrencies

Wallets also allow you to transact with crypto, often without a centralized intermediary. Transactions are processed on a wallet-to-wallet basis via public addresses.

If you wish to receive Bitcoin from another person, they would need to provide their unique wallet address.

Additional Features

The best crypto wallets for South African traders come with additional functionality. This removes the need to use third parties when engaging with the blockchain ecosystem.

While security should be the main priority when choosing a wallet, investors should also explore what features are available.

How to Select the Best South Africa Bitcoin Wallet

Still undecided on the best South African Bitcoin wallets? Read on for assistance on how to select the most suitable wallet in 2025.

Type of Wallet

South African investors should consider the type of crypto wallet most preferable for their needs. This begins with a choice between custodial and non-custodial storage.

What’s more, South Africans need to choose the device type to store their crypto wallet. Mobile apps offer a great level of security and convenience. Another option is desktop or browser-based wallets. Ensure the respective operating system is supported when opting for a software wallet. Those holding a large amount of cryptocurrencies might be more suited for a hardware or paper wallet.

Supported Coins

Next, you need to ensure the wallet supports your chosen cryptocurrencies. For example, while MetaMask is one of the best crypto wallets in South Africa, it doesn’t support Bitcoin, Cardano, or Solana. Choosing a wallet that supports a wide range of cryptocurrencies and network standards is best. In doing so, investors can store their cryptocurrencies in the same place.

Fees

Most software wallets are free to use. This means there are no fees to store or receive cryptocurrencies. While GAS fees apply to outgoing transactions, the best crypto wallets in South Africa don’t charge any markups.

Hardware wallets are not free, however. You must purchase them from the manufacturer, and prices will vary considerably. You should ensure that the price is justified, based on the value of your crypto portfolio. For example, those investing very small amounts likely won’t want to buy the Trezor Model T, which retails for approximately 4,100 ZAR.

Extra Functionality

The best crypto wallets in South Africa offer extra functionality, such as being able to trade tokens. This removes the need to use a third party when buying and selling cryptocurrencies. For example, Best Wallet allows you to buy and sell cryptocurrencies with a credit card and supports over 60 blockchain networks. It also gives you early access to new crypto projects via its presale dashboard, which none of its competitors offer.

Binance Wallet is also great for additional features. It supports staking, savings accounts, yield farming, and leveraged trading. The latter includes futures and options. We also like the OKX Wallet, which bridges to over 200 exchanges. OKX users subsequently get the best interest rates when earning yields on idle tokens.

Security Controls

The best crypto wallets in South Africa offer a breakdown of what security controls are provided. This might include:

Tutorial on How to Get and Use a Bitcoin Wallet in South Africa

We mentioned earlier that Best Wallet is the overall best crypto wallet in South Africa. In this section, we explain how to get started with this wallet in under five minutes.

Step 1: Download the Best Wallet app

Visit the official Best Wallet website, and hit the Download button to get the app via App Store or Google Play.

Step 2: Set up Best Wallet

Then, you need to verify your email address. Next, you’ll be asked to secure your account with two-factor authentication. If you want to, you can skip this step and activate this feature later.

Whether you activate 2FA or not, you’ll be asked to set up a four-digit password. You can also enable biometrics to unlock your wallet if your smartphone supports this feature.

Step 3: Create a Wallet

Now that we have secured the app, it will automatically create your first wallet. At this stage, you can create multiple wallets and name them, for example, “Meme coin wallet,” “Storage,” or whatever you want. Choose a background color for each wallet. This will help you identify them fast. Tap “Continue” when ready.

Step 4: Use Best Wallet

Your next step is to use the wallet to buy coins with a card or to send and receive tokens. You can swap the tokens you have as well.

FAQs