SoFi, a fully chartered, FDIC-insured bank, has integrated in-app crypto trading for its everyday customers. Users can now buy, sell, and hold popular assets like Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL) directly within the same app as their checking and savings accounts.
This rollout makes SoFi the first US national bank to incorporate spot crypto trading directly into its consumer banking application, marking a significant advancement for mainstream cryptocurrency adoption.
The timing of this integration is driven by increased trust and demand for ease of access. SoFi's internal data indicates that 60% of their members who own crypto would prefer to trade with a licensed bank they trust over a standalone exchange.
This development represents a regulated, federally chartered bank blending traditional deposits with cryptocurrency trading within a single platform. Access is being rolled out progressively over the coming weeks to SoFi's extensive customer base of over 12.6 million users throughout 2025, with a waitlist available.
It is important to note that while crypto is traded through a bank app, it is not FDIC-insured or bank-guaranteed. SoFi emphasizes bank-grade security, comprehensive education, and compliance as its primary offerings in this space.
For experienced traders, this signifies that regulated on-ramps, the process of converting fiat currency into cryptocurrency, are evolving to match the user-friendly experience offered by native crypto platforms.
The Role of Wallet-Centric Utility in the New Landscape
When a US bank simplifies the process of funding cryptocurrency purchases with existing cash reserves, it naturally attracts user attention and capital flow. This trend enhances the value of wallet-centric projects that facilitate self-custody and streamlined cross-chain swaps.
Best Wallet, with its utility token Best Wallet Token ($BEST), is positioned to capitalize on this evolving user behavior. The platform focuses on providing utility through fee reductions, access to curated presales, and a staking aggregator, aligning with the increasing adoption of self-custody solutions.
Best Wallet: A Non-Custodial Wallet With Advanced Cross-Chain Capabilities
Best Wallet aims to capture a significant share of the multi-billion-dollar wallet market with its comprehensive, mobile-first application designed for multi-chain, MPC-secured, self-custody management.
Key technological features include:
- •Fireblocks MPC-CMP for enhanced key management, eliminating the need for seed phrases.
- •A robust DEX-aggregator, powered by Rubic, providing access to over 330 decentralized exchanges and 30 bridges.
- •An Upcoming Tokens portal that curates presales, enabling early access without navigating potentially untrustworthy websites.
These features translate to a more intuitive user experience with increased security and automated cross-chain swaps that optimize for the best prices.
As platforms like SoFi simplify the initial crypto on-ramp, wallets that streamline the subsequent stages of asset management—storage, swapping, staking, and early allocation access—are well-positioned to attract users transitioning to self-custody.
The Best Wallet Token ($BEST) is designed with this user journey in mind, offering:
- •Reduced in-app swap fees for token holders.
- •Access to staking rewards, currently offering approximately 77%.
- •Governance rights, allowing holders to influence the development of new chains and features.
- •Future plans for card integrations to facilitate spending of cryptocurrency assets.
The project has undergone an external audit by Coinsult, and its tokenomics are transparent, detailing allocations for development, rewards, and other areas, which helps mitigate common early-stage token risks.
Best Wallet Token ($BEST): Presale Nearing Completion With High Staking Rewards
The $BEST presale has shown strong momentum, having raised over $16.98 million to date. Staking rewards are currently around 77%, a rate designed to adjust as more participants join the network.
While the high Annual Percentage Yield (APY) serves as an initial incentive, the token's long-term value proposition is rooted in its utility. The token reduces transaction fees, grants access to presales within the secure wallet environment, and is expected to benefit from increased user adoption driven by Best Wallet's advanced DEX routing capabilities.
For traders, this presents two key advantages:
- As bank-integrated on-ramps onboard a growing number of new users, a comprehensive wallet solution combining essential tools like presale access, swaps, and portfolio management becomes a logical next step.
- The yield generated is funded by a transparent rewards pool and directly linked to usage incentives, suggesting a potentially more sustainable model than static, high-yield offerings.
Furthermore, with planned support for the Best Card, enabling daily spending, the token's utility extends beyond a simple buy-and-hold investment.