Learn about presale tokens in Best Wallet, including how to buy them, and what to do after your purchase.

Whilst you can import a presale token that you've claimed post-launch, you cannot import a presale token if the presale is still going on.

This is because a presale token is not yet live on a blockchain and therefore cannot be owned or traded.

You will only be able to import and then transact a presale token when it fully launches and you have claimed your presale purchase. Think of it like a presale purchase of a physical item – you’ve merely reserved it, and until you claim it, you can't use or sell it.

If you’ve bought a presale with your Best Wallet, you will normally have to wait until that presale project launches before you can claim/import your new tokens.

Crypto presales are when projects sell their crypto tokens early — often before they are live on a blockchain. These presale tokens are often sold at a cheaper price than their launch price, meaning early investors can make a profit once the token launches.

Presale tokens are essentially early versions of a cryptocurrency offered to public investors before the public launch.

Crypto presales are seen as a critical phase in the lifecycle of new cryptocurrencies. They allow developers to raise funds and buyers to get in early, often at a lower price than the token’s launch price — often seen as a win-win.

The presale stage can be highly profitable, but highly risky, as it allows investors to buy in at a lower price compared to the expected launch price.

There is an element of uncertainty and risk when buying presale tokens.

This is because the token is often part of a project that is in early development and is not yet live, so you’re buying in good faith that it will eventually launch. Sometimes, presale tokens don’t ever launch or are severely delayed, so you may lose or have delayed any investment you make.

However, many presale projects do launch, and early investors end up making a high return on investment (ROI).

It's important to research before investing in any presale, as Best Wallet cannot help with any potential losses, or recover any funds.

Wall Street Memes ran a successful presale during 2023, before fully launching its WSM token.

The token was initially priced at $0.0250 during its first presale stage. By the 30th stage of the presale, Wall Street Memes token (WSM) value increased to $0.0337.

So, if you make an initial investment of $500 at the beginning of its presale, your investment would grow to $674 by the end of the presale period (three months).

The value of your presale token could soar even higher post-launch, depending on market reception and exchange listings. For example, WSM is now on Tier-1 exchanges, including OKX.

So, if you held on to your $500 $WSM presale purchase, at its all-time high of $0.0625 your investment would have been worth $1,250, which is a 250% return on investment.

You can purchase presale tokens with your Best Wallet. However, please note that Best Wallet can’t recover any lost funds and buying into presales is at the complete discretion of the user.

The steps are simple with Best Wallet:

Read our guide on how to connect to a presale website/app.

Additionally, you can access partner presale projects within the Apps page of Best Wallet. These will be listed in the Project Directory and will include both newly launched presales and airdrops.

Read our guide on how to access presales directly in Best Wallet.

This depends on a few factors:

Initially, your presale tokens won't be visible in your Best Wallet. This is because often a presale project is still in development and the token isn't launched on the blockchain.

However, some presale projects will publish the presale token's contract address early. If this happens, you will be able to manually import the token to your Best Wallet.

Read our guide on how to import a token.

However, your presale token balance will only show after you’ve claimed your tokens. So you can import the presale token in, but how the amount or value of your presale purchase won't show until you have claimed your tokens.

Keep an eye on the project’s official launch timeline. Once the tokens become claimable, you will typically need to visit the project's website and follow their specific claiming process, which may involve connecting your Best Wallet again.

Remember, you will need gas fees to claim your tokens. So if you've bought a presale token on Ethereum, you will need ETH tokens to pay the gas fees when claiming.

After you've successfully claimed your tokens, they should appear in your Best Wallet. If they don't show up immediately, don't panic. Sometimes, there might be a delay, or you may need to add the token manually by entering its contract address through Best Wallet’s import token feature.

Once they are claimed and visible, you can manage them easily on Best Wallet. The presale tokens can then be transferred like any other cryptocurrency, subject to the usual network fees and conditions.

If you're struggling to buy, manage, or understand what to do with your presale tokens in Best Wallet, please email [email protected] and the support team will help you troubleshoot and resolve your issue.

Note: Best Wallet does not manage any presale project, and can only advise you on what to do within the Best Wallet app (like how to connect your wallet or import a token).