

Convert VEGA to your currency
Last Updated on Oct 11, 2025 11:13 PM
What is Vega Protocol?
About the coin
Vega is a decentralized derivatives protocol designed for creating and trading derivatives on a fully decentralized network. It operates as an open-source platform, emphasizing non-custodial and pseudonymous interactions through public key cryptography, ensuring security without backdoors or admin keys.
Main features
The protocol is built on a purpose-built appchain, allowing for efficient trading and deployment. The ecosystem includes a wallet, community forums, and resources for developers, fostering a collaborative environment for users and contributors.
How it works
Vega functions on a proof-of-stake blockchain, built on top of Tendermint, which makes it possible to trade derivatives on a decentralized network with comparable experience to centralized exchanges. Recently, the Vega community voted almost unanimously to retire the Vega chain, marking a significant decision in its governance.
Wallet for Vega Protocol
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Tangem supports networks for Vega Protocol
- Ethereum
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Vega Protocol 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.
- Vega isa proof-of-stake blockchain, built on top of Tendermint, which makes it possible to trade derivatives on a decentralised network with comparable experience to centralised exchanges.
How to secure Vega Protocol with Tangem Wallet?
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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.
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Why choose Vega Protocol 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.
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