Flat MoneyUNIT
Convert UNIT to your currency
Last Updated on Oct 03, 2025 04:50 AM
Wallet for Flat Money
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Tangem supports networks for Flat Money
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Flat Money FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- USDT is one of the most widely adopted stablecoins, which areblockchain-based currencies that are tied - or tethered - to fiat currencies.
- Fiat is government-issued and considered legal tender for financial transitions.Cryptocurrency is decentralized, so there is no governing body to control its value. Plus, it is also not a legal practice in all countries. In theory, fiat money has no limits on supply, as more can be printed at any time.
- Unlike a bank in the case of a fiat transaction,cryptocurrency does not need an intermediary to validate a transaction. Cryptocurrency is also not controlled by a government authority or central bank. More fiat money can be printed at any time, however cryptocurrencies have a fixed supply.
- A flat interest rate isa method of calculating interest on a loan, wherein the interest is charged on the entire principal amount throughout the loan's tenure. This method of interest calculation keeps the interest calculation constant, based on the original loan amount.
- “Flat” is a term used by traders to describea position that has been fully neutralized, meaning all trades have been closed and there are currently no long or short positions in the portfolio. When a trader has zero exposure to the market, their position is referred to as being “flat“.
- Flat money isa type of currency that is not backed by gold or silver. It is also known as fiat money. This means that the value of the money is determined by the government that issues it, rather than by the value of a physical commodity.
- Cryptocurrencies have no legislated or intrinsic value; they are simply worth what people are willing to pay for them in the market. This is in contrast to national currencies, which get part of their value from being legislated as legal tender.
- Fiat money is a type of government-issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender, and is authorized by government regulation.
- This is due to an essential difference between cryptocurrency and fiat currency: a cryptocurrency such as Bitcoin has a finite supply and is decentralized and thus not controlled by any centralized entity, whereas fiat currencies have a finite supply that can be controlled by the central bank of a particular country.
- Bitcoin operates on a decentralized blockchain network, while fiat currencies are issued and regulated by governments. Fiat money has been the standard for centuries, but Bitcoin introduces a new paradigm of trustless transactions that removes the need for intermediaries.
How to secure Flat Money with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Flat Money wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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