Crypto hardware wallet firm Ledger has finally introduced its Crypto Life (CL) Visa card, which will offer 1% cashback in $USDC or $BTC for your purchases. The card will be available throughout the US, except Vermont and New York, from June 30 this year.
A card like CL Visa is a crucial step in bridging the gap between consumer banking and on-chain finances. By allowing customers to spend crypto just like they would fiat in their bank, it brings real-world utility into digital assets.
Other than emphasizing the growing demand for digital wallets, Ledger’s move also underlines the need for new-age crypto wallets like Best Wallet, which we think is perfectly aligned with the growing crypto demands.
Keep reading to see what this could mean for the Web3 space and Best Wallet Token is perfectly positioned to leverage all this growing potential.
Crypto Wallets Becoming Mainstream
A new report by Bitget Wallet throws some much-needed light on the usage trends of crypto wallets in various markets.
And the data is certainly telling. Of the 4,599 respondents:
- 48% use digital wallets to send and trade cryptocurrencies
- 46% use them for earning rewards
- Another 40% use them to pay with crypto
Interestingly, economies that don’t have access to reliable and seamless traditional banking systems showed a faster rate of adoption.
For example, as many as 60% of respondents in Southeast Asia use wallets for sending crypto, while 46% use them for paying for services.
The survey also classified the respondents into three categories: Gen Z, Millennials, and Gen X.
Of them, Gen Z respondents were the most comfortable using crypto wallets as mobile-first tools and for on-chain interactions. As many as 43% of Gen Z users use wallets for crypto payments.
On the other hand, the research showed that millennials use crypto wallets primarily for investing and income-generating routines, especially in regions like East Asia and Latin America.
Now, with the launch of a crypto-to-fiat conversion card like Ledger’s CL, people using crypto for everyday transactions will have an even easier time.
The CL visa card is facilitated by Baanx, a popular fiat-to-on-chain card enabler. Baanx also provides self-custody crypto cards for Tools for Humanity, which is an initiative by Sam Altman and MetaMask.
As we see crypto overlapping with real-world retail finances, it becomes more and more likely that a more seamless crypto-to-fiat ecosystem will develop in the next few years.
If you’re also looking for a streamlined approach to dealing in crypto, we have something perfect for you: Best Wallet.
What Is Best Wallet?
Best Wallet, powered by the Best Wallet Token, is one of the best non-custodial wallets on the market today.
Aside from offering a secure and beginner-friendly user experience, it’s also the ONLY wallet that lets users buy new meme coins on presale directly from within the app.
This is a huge factor that separates Best Wallet from other crypto wallets. After all, with the wallet industry expanding at a record pace, new users will look for options that streamline the way they interact with crypto.
Furthermore, Best Wallet gives you the tools to curate your entire crypto life, from creating multiple Ethereum wallets for separate purposes to cross-chain swaps that find the best exchanges rates for you.
One wallet for airdrops, another for HODLing the best meme coins, and yet another for active trading, perhaps? The choice is yours. Best Wallet gives you the tools, you build out the rest.
Plenty of Other Features Are on the Way
It’s worth noting that Best Wallet is currently under development, and there are a lot of features slated for future release. These include advanced anti-fraud detection, derivatives trading, a browser extension, and in-depth market analytics.
What’s more, with limit orders, stop-loss orders, and dollar cost average buy/sells also on the way, Best Wallet will soon provide a one-stop solution for crypto traders worldwide. Through these features, it wouldn’t be an exaggeration to call Best Wallet a full-blown trading terminal in the making.
Best Wallet’s Awesome Security Credentials
Best Wallet also offers airtight security thanks to self-custody, appropriate authentication protection, and rigorous scam protection.
It’s a non-custodial wallet, meaning you’ll have complete ownership of the private keys to your wallet. Combined with excellent 2FA/MFA options, including biometrics, Best Wallet is well-equipped to prevent any third party from accessing your crypto.
But the security features don’t stop there. Best Wallet also has built-in scam/hack protection, anti-phishing measures, and crypto insurance in the unlikely event the unexpected does happen.
Ride the Best Wallet’s Growth by Investing in $BEST
With all of the above in mind, Best Wallet’s goal to capture 40% of the non-custodial crypto wallet market by 2027 looks absolutely achievable.
If you want a piece of Best Wallet’s success, Best Wallet Token ($BEST) is your best bet at that. As the native token of the Best Wallet ecosystem, $BEST is predicted to explode over 3,200% and reach $0.82 by 2030.
To make sure you eke out every last drop of profit from this, buy Best Wallet Token while it’s still in presale. One $BEST is currently available for just $0.025095.
Remember, any investment you make in crypto is highly risky. The market is volatile and unpredictable, after all. This article isn’t financial advice, and you must always do your own research before investing.
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