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White House Crypto Summit Has Major Impact on Multi-Chain Self Custody

White House Crypto Summit Has Major Impact on Multi-Chain Self Custody

99bitcoins99bitcoins2025/03/06 08:44
By:Sam Cooling

The upcoming White House Crypto summit on Friday is set to significantly impact Self-custody crypto wallets, and it’s making $BEST viral.

Best Wallet ($BEST), a Multi-chain Web3 crypto wallet with full Bitcoin support, has raised more than $10.75 million in its presale, just days before what could be a market-shaking crypto summit at the White House.

Currently, the $BEST token is priced at $0.024225 in presale but will roll over to the next price stage in less than 48 hours, so buying decisions need to be expedited to secure the lowest possible prices.

Best Wallet may be nearing its funding goal, so don’t miss out while $BEST is at its lowest available price – it could be like letting a superior version of MetaMask slip through your hands.

If you buy and stake $BEST today , you can earn a yield of 149% over the next 12 months. The staking rewards adjust dynamically as deposits flow into the staking smart contract.

Although the Bybit hack – the biggest in crypto history at $1.5 billion – is now behind us, it has brought into sharp relief the need for better security and a regulatory framework to back that up. 

A part of that solution lies with non-custodial wallets like Best Wallet, where market participants have custody of their tokens, not a centralized exchange.

It is expected that the first-ever White House crypto summit will include a raft of market-pleasing announcements, with rumors that capital gains tax could be axed on coins that have their operations primarily based in the US. 

President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt

— David Sacks (@davidsacks47) March 1, 2025

Hopefully, the crypto regulatory framework and protections that will be put in place for firms and individuals will also be visible.

Ideally, it might also include educational outreach to help safely onboard the millions of Americans who have yet to enter the crypto market because they are worried about security and fraud, not to mention volatile prices.

At the center of the new crypto world, the Trump administration is ushering in so-called non-custodial wallets like Best Wallet, where retail investors can directly take custody of their crypto assets.

Best Wallet stands out from the crowd because it not only has future-proof multi-chain functionality but also features not found in other wallets, such as its curated Upcoming Tokens section, where new coins can be purchased before they come to market.

Additionally, Best Wallet steadily provides access from within the app to other Web3 apps, such as those in the highly popular betting and gaming sectors. 

YouTube channel Crypto Gains has penciled Best Wallet’s presale for 10x returns. His video is worth a watch:

Upcoming White House Crypto Summit to Shine More Light on US Strategic Crypto Reserve

Last Sunday, President Donald Trump announced that the US would set up a strategic crypto reserve with wide-ranging economic implications, including areas like payments.

Best Wallet already plans to launch a card. Still, those plans could go much further if and when the banking and payments industry is fully opened to crypto, and it is easier for crypto companies to get payment licenses (money transmitter licenses).

A new category of licensee could even be created expressly to cater to the needs of crypto-first companies and services. Again, Best Wallet would be a major beneficiary of any such development.

The much-vaunted promise of opening up financial inclusion and more efficient and cheaper payments could finally become a reality for consumers, taking crypto mainstream. With Best Wallet, you fully control your money in all its forms.

Shout out to @FilioGatsi14059 , a proud ambassador of Best Wallet! 🎉 Your dedication to the community is truly inspiring. Keep up the great work! 🚀🔥 https://t.co/8RgmJJXfp7

— Best Wallet (@BestWalletHQ) March 4, 2025

But with opportunities come dangers. More openness will require greater attention to security risks and the dangers of fraud. Best Wallet has recently upgraded its app to make it an even more secure product for its users.

Last week, Best Wallet announced a major upgrade that brings full Bitcoin support and multichain functionality to the fast-growing crypto wallet.

Critically, the upgrade also brings institutional-grade security to Best Wallet Through its partnership with  Fireblocks, it has integrated the advanced security of Multi-Party Computation (MPC), making private keys even more secure for Best Wallet users without any extra work required by them.

Fireblocks is an industry leader. Its technology has processed $7 trillion worth of verified transactions and created 250 million wallets. 

Installing the Version 2.5.1 update, available for Android and iOS builds, allows you to access the latest Best Wallet features.

With full Bitcoin blockchain support, Best Wallet users can now buy and hold Bitcoin directly. Support for other chains, such as Solana, Base, and Tron, is also on the development roadmap.

🚀 Best Wallet is Upgrading to Multi-Chain Wallets! 🚀

We’re excited to announce a major upgrade to our wallet, bringing enhanced security, exciting new features, and future support for over 50 major blockchains!

Bitcoin is now live in Best Wallet! Manage $BTC alongside… pic.twitter.com/79UxFVZIv3

— Best Wallet (@BestWalletHQ) February 25, 2025

Transactions Using Best Wallet Are Cheaper and Faster After Multi-Chain Integration Delivers 200 Protocols and 20 Cross-Chain Bridges

In a short space of time,  Best Wallet has established a strong reputation as a trusted, secure, and innovative non-custodial wallet vendor. Since its launch less than 12 months ago, it has attracted more than 500,000 users.

At the heart of any good crypto wallet is how well it handles transactions and how much they cost. Best Wallet stands out on both counts, with seamless multi-chain capabilities and reduced fees, making it highly competitive. 

Users who hold $BEST tokens can benefit from even lower transaction fees. Best Wallet is multi-chain and boasts integration with over 200 decentralized protocols and 20 cross-chain bridges.

Best Wallet is also a leader in on-ramping, offering users quick and easy conversion of over 100 fiat currencies to crypto at the lowest exchange rates and processing fees in the market.

Seeing all your wallets and balances in one place helps you stay organized, saves valuable time, and lets you focus on the important stuff. ⚡

Best Wallet brings everything together so you can manage your crypto seamlessly, without the hassle of switching between apps.🔄

Trade… pic.twitter.com/bzav2mplty

— Best Wallet (@BestWalletHQ) March 3, 2025

Here’s How Retail Traders Gain Competitive Edge With Best Wallet

One of Best Wallet’s standout features is its ability to give users a trading edge. Its Upcoming Tokens feature sets it apart by identifying promising projects with long-term trading potential in a crowded market.

Investors who bought early into Pepe Unchained ($PEPU) and Catslap ($SLAP), featured in Upcoming Tokens, have seen gains of over 700% and 7,000%, respectively.

A new Solana Layer-2 protocol, Solaxy ($SOLX), also made the Upcoming Tokens list and has raised more than $24 million in a little over two months.

To contribute to the Best Wallet presale , connect your wallet and purchase $BEST, or buy it directly within the Best Wallet app.

The app provides many other ways to acquire $BEST, including purchases with other cryptocurrencies or a bank card. Users can exchange crypto for ETH or USDT for $BEST.

Download Best Wallet on Google Play or the Apple App Store and join the project’s highly engaged community on X , Telegram , and Discord Follow the socials, and you will be sure to know when the next  meme creators campaign is up and running or other forthcoming giveaways. 

Visit Best Wallet Presale Today

EXPLORE:  10 Coins with High Returns: Crypto Forecast 2025

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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